UN mediation to resolve the Iraqi crisis on the Kuwaiti port of Kuwait Mubarak

Entered the United Nations on line attempts to defuse the political and diplomatic crisis between Iraq and Kuwait in the light of direct the latter to build a large port on the island of Bubiyan at the time took the government and as a result of objections Iraqi popular construction of the port as a step to curb Iraq's economic and end the role of ports South, as the Parliament summoned The foreign ministers of transport and communications to explain the dimensions of the case, considered by Council President Osama Nujaifi the issue of public opinion in Arab and national. was held Hoshyar Zebari, the foreign minister meeting with Ad Melkert, the Special Representative of the Secretary-General of the United Nations in Iraq, and experts from the Organization of Iraq's relations with the United Nations and the Iraqi-Kuwaiti relations in the presence of Kuwaiti Ambassador
Iraq During the meeting, they discussed the building of Kuwait Port Mubarak on the island of Bubiyan Kuwait and procedures for the governments of Iraq and Kuwait to address the matter out of the atmosphere of tension and escalation. The said Member of Parliament for the Kurdish coalition Bakr flesh friend is scheduled to be called the Ministers of Foreign Affairs Hoshyar Zebari and transport Hadi al-Amiri to the House of Representatives after the end of the recess of the Council to discuss the construction of a port Mubarak of Kuwait. The friend added that the Iraqi government must find a solution to the problem of the form, which prevents the construction of the port of Mubarak from the threat of the Iraqi economy. He pointed to a friend that if the construction of a port Mubarak by the Kuwaiti side, it will hinder the movement of water navigation in the ports of Iraq, Iraq will not be able to exercise its activities in the maritime ports of Umm Qasr and Khor Al-Zubair.
The president of the House of Representatives Osama Nujaifi earlier that the Council will host the next few days the Ministers of Foreign Affairs and Transport to clarify the problematic Iraq-Kuwait border land and water. He Nujaifi that the issue of expansion of the port Mubarak Kuwait The question of public opinion and national and Arab alike was in contradiction of statements between political blocs, which requires standing on the fact and circumstances of that case. Nujaifi stressed that the House is looking forward to the establishment of relations based on good-neighborly take into account the common interests between the two countries away from the abuses that harm the economies of Iraq and Kuwait
This revealed a cluster Liberal MP Uday Awad for organizing a campaign to collect signatures of the members of the House of Representatives to convene an extraordinary session to discuss the issue of Mubarak, Kuwaiti port on the island of Bubiyan. Awad said the special meeting will be discussed as well as recent statements made by government spokesman Ali al-Dabbagh on this subject, revealing Awad's willingness to block free disposal may surprise all political parties in Iraq toward Kuwait and against the establishment of the Kuwaiti port of Al-Mubarak.
Meanwhile, The Commission on Economy and Investment parliamentary Iraq's ability to compete with Kuwait through the construction of the port of Faw, which has the power capacity is enormous. A member of the Committee on Economy and Investment and parliamentary deputy of the National Alliance Amer Fayez that despite the ability of Kuwait's economic construction of the port of Mubarak, but the Iraq can compete in the construction of the port of Faw and in particular, and he offered to invest. referring to the economic feasibility that would accrue to the country in when it was implemented as soon as possible. The Fayez The great port of Faw in the event of his return us the benefits of economic large for being a location influential politically, calling for its implementation as soon as . He revealed that the port has a capacity of FAO capacity is enormous, since it has a large dock for containers.
The group of members of the House of Representatives, Cklo gathering parliamentary road bore the name of May 17 to follow up the issue of building the port of Mubarak of Kuwait, where the following member assembly MP block Liberal Haifa Atwani statement of the rally, which emphasized the relationship of good-neighborly relations between Iraq and Kuwait. It is noted that a member of the Iraqi List high Nassif said to Baghdadi in the program hours and letter that the purpose of building Mubarak Al-Kabeer is a scalable economic role of Iraq and has a yield political colonial to stifle any decision emanating from Iraq and that America and the United Nations is playing a negative role for Iraq as well as to the existence of pressure on Iraq and on the politicians not to establish a Port Faw. Iraq has formed a committee to emergency ministerial visit to Kuwait to end the problem of the port adjacent to the waterway, Iraq's Persian Gulf. where the Kuwaiti authorities recently decided to build a port Mubarak Al-Kabir near the port of Khawr Abd Allah waterway in Basra in southern Iraq.
The objection of Iraq in building the port of Kuwait re-tension between the two sides, after the relations have improved relatively over the past period. He says the Iraqi legislature Amer "The House of Representatives move to collect 100 signatures on the port of Mubarak, but the end of his legislative prevented that." He pointed out that the Kuwaiti project concerned the Iraqis, pointing out that the Kuwaitis are dealing with "negative in all files with Iraq." says the Iraqi Foreign Ministry that there was a ministerial committee agreed between Iraq and Kuwait, are concerned to address contentious issues, including Kuwait's intention to build this port. Iraq is seeking to build integrated transportation system link with the regional countries through the dry channel that links the Mediterranean and the Persian Gulf and East Asia, and is the biggest transport channel in the world. The former Iraqi government announced last April, the inclusion of Iraq within the United States shared the channel dry . Iraq had announced its intention to build the port of Faw since 2005, where he laid the foundation stone to him in April 2010, a year before the Declaration of Kuwait at the port of Mubarak, but he did not initiate the implementation process so far. The Ministry of Foreign Affairs of Iraq having examine the issue of Kuwait's intention to build a port on the island of Bubiyan, which was launched by the Port Mubarak, during a meeting of the Ministerial Committee between the two countries. Said Under Secretary of State for Political Affairs, however, Abawi said in press statements that Iraq had not yet taken any position about the political campaign against the construction of the port of Kuwait, Mubarak and the project may cause damage to the Iraqi economy
http://www.albaghdadia.com/n/iraq-polotics/27978-2011-05-24-14-19-09.html

Zamili: the possibility of convening an emergency session of Congress to agree on security minister

Tuesday, May 24 - May 2011 23:50

A member of the Committee on Security and Defense parliamentary governor Zamili for the possibility of convening an emergency session of Congress, after a pant in sight, signs of an agreement between the Coalition and Iraqi national security minister names.
Zamili said that the issue of security ministries reached its final stage, and there is a consensus on the names nominated by Prime Minister Nuri al-Maliki, with the exception of the Minister of Defence, which will be changed, because the remaining names, there is no problematic about them. He added that there is a consensus on these names, and the Iraqi List, will be a new candidate for the Ministry of Defence after objections to the candidate and the Department of Defense, and could hold an emergency session to vote on the security minister

http://www.albaghdadia.com/n/iraq-polotics/27993-2011-05-24-20-52-15.html

Disclosure of a U.S. move to strike a deal between Allawi and al-Maliki and the Sadrists and the dimensions of the mihrab martyr for the extension of U.S. withdrawal

According to parliamentary sources for the presence of U.S. pressure exerted on the coalition and Iraqi rule of law in order to form an alliance between them and the formation of a parliamentary majority.

According to deputies and well-informed sources, the coalition which is being prepared comes from in order to pass a bill that the American troops to stay an additional year as the lack of agreement the two blocs means no extension of U.S. troops stay in Iraq after 2011.

Trying to use the administration-allied Kurdish Alliance to pass such a deal as the presence of such a coalition means removal of the Sadrist movement and the mass of martyr Mehrab of the government as well as the removal of blocks that are not wish the presence of the Americans.

And confirms a member of the House of Representatives on the mass of the Free "Prince Kanani" The presence of such a guide to the U.S. Administration.

He told [where] "The U.S. administration is trying to marginalize the Liberals and the blocs of martyr Mehrab through the formation of large political bloc in the House of Representatives of the state coalition and Iraqi law. "

Kanani said that "one of the components of the cluster Liberal National Coalition, and the biggest political blocs in the parliament will not allow this bloc and we will try hard whatever we can to prevent its existence. "

Wa char that "members of his bloc will use all means of resistance to prevent the occurrence of such a thing, whether peaceful resistance and resistance to political or military forces to prevent the U.S. from interfering in political affairs again. "

And tried to members of the coalition of state law several times raised the issue of forming a parliamentary majority government in preparation for the acceptance of such a project.

It was the first to call such a thing is a leading figure in a coalition of law Izzat Shabandar, which nominated a replacement for Prime Minister Nuri al-Maliki in the House of Representatives, but several leaders in the state of law, including Prime Minister Nuri al-Maliki confirmed that the statements Shabandar personal and does not represent the opinion of a coalition of state law, which still insisting on a government of national partnership.

Must Rha and rejected the Iraqi List, marginalization or isolation of the Sadrist movement in the event of a rapprochement between them and the coalition of state law.

A spokesman for the list Shaker book that "any rapprochement or understanding between the Iraqi and state law does not mean and not be marginalized or isolation of the Sadrist movement."

He added that "Iraq does not accept the marginalization of any active force in the political process."

And threatened the Sadrists and the words of its leader, Moqtada al-Sadr's Mahdi Army and the return, which was frozen in 2008 in the case of non-compliance with the U.S. administration to withdraw the end of this year.

Analysts said the launch of statements several weeks ago, the Government of the political majority did not come lightly but was a balloon media feel the pulse of the political blocs and paving the way for such an order.

Wei Sher those that what is taking place from the trading process to talk or threats of feminine ministry of Prime Minister Nuri al-Maliki to disband the government might come from this section of the boot to walk this.

The Iraq on the verge of a U.S. withdrawal end of the year amid visits to numerous U.S. delegations pushing towards the extension of the withdrawal, according to sentiments in the Congress earlier.

The Iraq and the U.S. signed the Convention on the end of 2008 for the withdrawal of U.S. troops from Iraq, which began to be applied in the first of January 2009, which stipulates the withdrawal of U.S. end of 2011.

The number of U.S. officials visited Baghdad in recent days and revealed a number of deputies that the U.S. pressure brought to bear on political leaders to extend the survival of these forces .

With well-informed sources said that the meetings between the current state of law and under the auspices of the Coalition and Iraqi Kurdistan is the face of an agreement to return to either Irbil in the interior, is the formation of such a coalition in the House of Representatives to pass the extension of U.S. troops in Iraq.

To the MP block for Liberal Governor Zamili it can not exclude the Sadrists from the political process as a component of a weight in it.

Zamili said that "a key component of the Sadrist movement in Iraq and has 40 MPs in the House of Representatives and 8 ministries, and it is not possible marginalization of this weight easily," he said, adding, "If you exit the Sadrist movement from the government, it is expected to fail in Iraq."

He pointed out "It's not for the intervention of the Sadrist movement and give opportunity for the Government six months to the government has remained until now."

Zamili indicates that "the passage of the extension of U.S. troops stay in Iraq needs a vote of two thirds of the parliament and this is very difficult."

The statements of Congress for a coalition of state law hints at the possibility of holding such a deal.

The MP said that Izzat Shabandar "Maijmena the list of Iraq more than what divides us and that the recent meetings was a kind of atmosphere of mutual trust."

And insists plaques Prime Minister Nuri al-Maliki that the Iraqi List is the reason for the delay naming security minister Shabandar said that "Maliki's comments came in response to spasm of the other party as the al-Maliki of Iraq and put in the circle of provocation."

Shabandar said, "The Prime Minister takes into account the supreme national interest."

In the eyes of senior leader Mahmoud Othman said "the country on the verge of more problems than we currently face and can occur after the expiration of the term percent on."

He's [where] "There is talk the government of the majority and that this period witnessed the marginalia and clear of all for the government, we do not know is that the government of national partnership can stay or go for a majority government, and some are talking about forming a shadow government, but the overall situation needs solutions. "

Osman ruled out that there will be convergence between state law and the Iraqi or walk a deal of this kind afterthought that there is great pressure exerted on the political blocs, including the Kurdistan Alliance to extend the stay of U.S. forces in Iraq ". / End

http://www.alliraqnews.com/index.php?option=com_content&view=article&id=1488:2011-05-24-13-54-42&catid=35:2011-04-08-17-24-40&Itemid=2

For economic (citizen): embezzlement and theft in some private banks lose confidence of citizens and the government

BAGHDAD - Editor
The economist said Dr Issam Mahouelle that reduced activity of private banks in Iraq due to several reasons, notably the absence or lack of trust both among citizens and government or between these banks.
The Mahouelle's (Citizen) yesterday that the basis of banking in any country is the confidence, but unfortunately there are several cases of embezzlement and theft of funds held in some private banks operating in Iraq years ago and is still entrenched in the minds of many, which led to a reversal of this situation negatively on the rest of the private banks which strives to develop its banking system. He Mahouelle that dealing with government banks the opinion of citizens more secure than dealing with its counterpart in the civil fact that the citizen used to provide the Government has all the guarantees while he did not touch to ensure similar from some private banks due to the old idea ingrained in his mind for years. He called the Central Bank of private banks to increase its capital to 250 billion Iraqi dinars and three stages are the installment amount on the payments in the first term of June 30 while ending the last payment in June 30, 2013. A source at the Central Bank declined to be named for (the citizens) in case you can not private banks to increase capital in the said period, they will choose between integration with other banks or companies to turn to for money transfer. The source added that the bank demanded that the banks would deposit funds at the Subscription has IPO on the stock, while refusing to private banks for reasons that might be known. He pointed out that some of the private banks insist on accusing the central bank to restrict their boards in place while this procedure ensures that all rights. To the said Chairman, Gulf Commercial Bank Abu Talib al-Hashemi said that the banks Iraqi civil partially paralyzed due to the monopoly of the government banks of the banking business , indicating that the structural banking hybrid and suffer from imbalances are structural and not commensurate with the development of the Iraqi economy. The Abu Talib al-Hashemi told (Voices of Iraq) that the structural Iraqi bank «suffer from imbalances are structural not compatible with the orientations of the economic system, social and political», as they «do not match or coincide with the approach of the State in determining paths for future development of new emerging about the free system, which believes in the development and maturation and accelerate private sector in various economic fields ». Hashemi pointed to the importance of reforming the banking system in Iraq to perform his duties to the fullest but at the same time stressed the importance of the« Diagnosis disadvantages of the current system and identify imbalances, and failures First », indicating that the banking system is concentrated structure of the structural core as a« structural hybrid does not fit with the evolution of the current economic system and do not reflect the goals of his career ». The most important of these imbalances concentrated b» the monopoly of government banks to work and banking support and to ensure that senior government, to limit the government deposits without private banks », in addition to the lack of support and safeguards and security protection to domestic banks», as well as «not to break the state monopoly of its business activities in the area of ​​exchange offshore banking and coverage of credit and foreign transfers». monopoly of state banks to the banking business According to Hashemi, «to make the banking sector civil, semi-paralyzed and to have lost its flexibility as a private sector», a result of »the numerous restrictions imposed by the Banking Act, the current impact on the effectiveness and the stifling of freedom of competition banking, trade and investment». the law of private banks set by the central bank on the other hand «Select the activities of private banks and hedge prohibited under articles 27 to 32, which identified the activities and imposed numerous restrictions on investment », and as a result« stripped the banks of most of the actual investment in real and almost confined their activities to commit acts of limited banking classic
http://www.almowatennews.com/news_view_21185.html

Subject: Iraqi Dinar Position Real Leaders Meeting Updates. Real positions now all laid out.

Perhaps it is A reality this time.

 All new Iraqi Dinars are printed and ready to go. Conversion and Forex opening positions are ready. Speculators have now got very active and have focused on creating forward exit trades into mid June so a launch now has to be imminent or they short their positions. They must know something big, or take a big hit! Now we have London Forex traders calling us for advance Market Intel fast on the Iraqi Dinar.  
The current stress in the Capital Markets have resulted in considerable exposure for the US, and liquidity shortfalls have created delays.
Next week the UK withdraws its remaining Navy support for retraining Iraq's naval forces.
The world needs oil and Iraq needs its own money badly to underpin its own internal economy. If Iraq can now sell its own oil rapidly and convert to its own dinars to fund its desperate economy, the world will see an increase in Oil volume, which will settle and lower Oil price levels, helping Global economies recover.
I suspect, after meeting the UK Prime Minister and Queen, the new Dinar will soon be released. Today, Tuesday, is only a full Palace ceremonial show for world PR. The real time agenda you now have. The President and British PM only meet on Wednesday to fully discuss the Middle East. No doubt some cross business is outstanding there with many agendas needing to be settled. Iraq has to disburse a lot of trade via Kuwait and Kuwait is a British protectorate, so the Brits are key to any deal now. Iraq and Kuwait will need London's Forex market support.  
Almost every key Tax Haven and Offshore Banking centre in the world is either British owned or protected. For sure, with all our Middle East interests we will be up to the nose in any solution. Kuwait and Iraq are so intertwined it will be impossible to impose such a Constitutional change without the Brits. Love them or not, the Brits have their noses in all the key money troughs globally with 65% of all world Forex trades routed via London. I suspect this visit to see the Queen and British PM all links into a new Iraqi market launch. It fits logically.
Plus, Obama will be doing his own private EU and London Offshore banking.As well as collecting his share of the old looted US money hidden by Bush and Clinton from Ireland. His lick!
With forces now withdrawing from Iraq we have to set them free, so releasing the Dinar now makes a lot of sense. How else can they grow and fund their internal businesses?
The Volcanic Ash cloud erupting again from Iceland has already affected Obamas tour and schedules. He now is spending more time in Britain. He arrived a day early. His flight path back may be affected as the volcano is erupting again but slowly. The Brits will max out the Dinar deal while he's here. Huge pressure will be on for this week now. He is spending an extra day here.
I am tracking it like a bloodhound now each day from our end. It's opened up so many other valuable info sources for us for the future. It gave us access into the Knights of Malta and their British Grandmaster, and the key 5 families who really rule the Vatican. Valuable links for the future.
This looks a big week for Iraq. London will be deeply involved. Wednesday is the Middle East meeting day. Action is more likely after that. This sudden surge in Iraqi Dinar futures must be based on a lot of leaks. They are exiting in June on a 21 day cycle so market forces are already at work. Yesterday morning it was blank. It all hit the night desks without warning. Speculating launched last night. All I can assess is it's imminent. Now we have their meeting time scales we can make a few guesses. Pick your day after Wednesday and it has to be by next week or the Forex futures bets are all blown. Whatever the stresses, it's profiling strongly now like it's between one day to a week for the nightmares to end.  I strongly suspect a lot of that Forex gambling is Arab money in the know.  

To me this summarises all the key issues. You make the guesses. Whatever the pain, it looks imminent now. Their real meeting schedule is valuable info for you. Hard, base facts.      
­­­­­­­­­­­________________________
[Blaino] 1. Major Bank, South East, bulking on cash twice in the last 2 weeks, re-training on the DeLarue Machine (with IQD!) on Saturday, solving "IT" issues today.... now on watch.... (yes, for that!) 2. Second Major Bank (Different brand) in the land of the Lone Star... is in the early stages of "connection establishment" to the network of systems connecting all the significant Banks, prepping Staff (overtime $) and so on.... did you bring your glasses? The "read between the lines" glasses? 'Nuff Said! Blaino

This is From Karen "The Bank Negotiating Lady"

I want to assure you and the members that I am doing everything in my power to execute my written bank proposal to Wells Fargo Bank. The proposal is completed but the timing has to be perfect for execution!  So you know, I have added one more back up measure and that is I have also decided to present this proposal to BOA, as well. This decision is based upon using a 'carrot in front of the horse' approach and possibly giving a 'group exclusive' to the horse that takes the first bite. I will not play a waiting game with these darn banks but I do not want to approach more than two at a time. If I do, it will take power out of the plan. This whole plan is strategic and delicate in nature and needs my full attention. Just so everyone knows, I am not in this for the glory! I just want to be a good steward, get the job done, and then fade into the sunset.

My intentions are when this plan comes to fruition, I will release a group code # that I request the bank to set up internally so it can be made available for  anyone involved in this investment to easily use. My job will then be finished but several key people that all of you know will get the word out to you for me--nobody would listen to me if I alone tried to get the word out there! LOL.  I will also release the written terms that are agreed upon.  Please note that it is premature to do so at this point. I hope everyone understands that. Frankly, I did not want anybody to know about this plan until it actually was completed.  But the plan leaked out! So, since a lot of people now know what I am trying to do, all I can say is that I am going to do my very best to make it happen--nothing like pressure, huh? (LOL).

I highly encourage everyone to have, as I do, a plan A, B, C, and even D to fall back on just in case any particular plan fails. Everyone should realize by now that there are so many variables that can play out on many levels with this Iraqi Dinar investment. Planning is crucial! When the RV happens, there are still so many shaded areas involving the banks, taxes, and laws that can 'pop' out of nowhere and bring us surprises that we weren't expecting.  So please, everyone be as prepared as you possibly can be.

Many blessings to everyone,
Karen

Iraq 3-day conference aims at enhancing the Iraqi economic situation ...

May 24, 2011

BAGHDAD, The Iraqi Parliament patronized today the Conference on the Economic Future of Iraq, in cooperation with the United Nations and the International Bank.

The 3-day conference aims at enhancing the Iraqi economic situation and provision better chances for development.

Parliament Speaker Usama Nujaifi said that "Iraq has turned to the world's garbage dump through bad commodities that were imported, a matter would have not existed were it not for legislative shortcomings."

He added that new legislations will be made to rectify the situation.

Nujaifi called for re-activating factories and provide their protection, in order to make the Iraqis a productive force rather than a consumptive one.

UN envoy Ed Melkert stressed the importance of economic and political reforms, pointing to UN support to future stages in Iraq.

He designated five goals that will put Iraq at the center of progress.

These include decreasing unemployment among the youths, consolidating democratic rule through free formation of societies and associations and social justice via just distribution of wealth, where the workers will have their share.

The regional director of the International Bank in Iraq, Heidi Larbi, pointed to the importance of activating the infrastructure and liquidate institutional obstacles.

He added that Iraq needs 500,000 work opportunities each year, calling to enhance the private sector.

"The inflation of the public sector, increase in salaries, lack of legislations and non-partnership between the public and private sectors, all negatively affect the development of the private sector," he added.

The firs day's topics concentrated on reviewing the latest results of International Bank report on the activities and work in Iraq, as well as discussing labor and social security law and the future proposed law .

Many ideas and view points were put down to combat obstacles facing economic development in Iraq, as well as those related to obstacles facing the implementation of economic projects.
http://en.aswataliraq.info/Default1.aspx?page=article_page&id=142745&l=1

(OFAC) OFFICE OF FORIEGN ASSET CONTROL LIST

As of 1:48 PST - May 24, 2011
Just called the Foreign Currency Exchange in Las Vegas, (702-791-3301) the lady said the Iraqi Dinar is on the (OFAC) OFFICE OF FORIEGN ASSET CONTROL LIST and they could not buy or sale the currency.

The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the United States. OFAC acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments

Iraq and Kuwait ~ Hakim: I'm ready to go to Kuwait to resolve a standoff with Iraq on the "Blessed"

24/05/2011
Hakim: I'm ready to go to Kuwait to resolve a standoff with Iraq on the "Blessed"
Baghdad, expressed pool May 17 parliamentary support for the idea, Mr. Ammar Hakim, head of the Islamic Supreme Council of Iraq to resolve Iraq's problems with neighboring countries through diplomacy quiet and effective, and the deportation of those problems to the relevant functional commissions and removed from positions convulsive political, media, and especially the problem of port project Mubarak Kuwait.

The MP stressed Nahida Daini member of the Collective / May 17, Parliament / during a press conference held after the meeting with Mr. Hakim on Tuesday afternoon, Mr. Hakim expressed his willingness to go to Kuwait to resolve the crisis Port Mubarak at the earliest time, Adding, that Mr. Hakim between the Ambassador of Kuwait to Iraq, which met a few days ago that the crisis between Kuwait and Iraq on Port Mubarak must be resolved through the relevant functional commissions between the two countries and follow the diplomatic means to prevent the worsening of the problem and that would disturb the fraternal relations shared, and emphasized the that the visit of Vice-assembly to Mr. Hakim, a successful and constructive.

For its part, noted the deputy Haifa Atwani member of the Collective / May 17, Parliament / that the meeting was devoted to brief Mr. Hakim on aspects of the port of Mubarak in the State of Kuwait and the extent of damage to the port on Iraq's economic and commercial.

The Atwani to the need to negotiate with our sister Kuwait to find the best ways to come up with solutions satisfactory to all, indicating that the assembly is of a purely national character bears the name of Iraq.

The President of the Supreme Council of Islamic al-Hakim, met last Sunday, Kuwaiti Ambassador in Baghdad to the insured.

And during the meeting between al-Hakim, the importance of the historical relationship that combines the two countries and two peoples and the preservation and strengthening in order to serve their common interests,

Stressing the need to resolve any problems through the relevant functional commissions and joint, and do not leave any opportunity to make a problem and disturb the relations and fraternal ties between the two countries.
http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&twu=1&u=http://www.babnews.com/inp/view.asp%3FID%3D39578

Close to Allawi confirms that the new entities will join tomorrow to the Iraqi

May 24, 2011
Close to Allawi confirms that the new entities will join tomorrow to the Iraqi
Alsumaria News / Baghdad

Revealed close to the Iraqi leader Iyad Allawi on Tuesday, that there are political entities and some are found in southern councils, to join her coalition tomorrow during the meeting of its members to renew their support for the head of the list.

A member of the Iraqi coalition victory Allawi in an interview for "Alsumaria News", "a number of political entities will be announced tomorrow, probably, its accession to the coalition in Iraq, including entities in the southern provincial councils and for their belief in national project, led by Iyad Allawi."

Allawi added that "all political blocs in the Iraqi coalition will hold a meeting in Baghdad, tomorrow, in order to renew support for the head of the coalition and take a unified position on many issues, including the position of the Council of Ministers strategic policies and security."

The leader of the coalition of the state of law Alfalh criticized, on Monday, the positions of the Iraqi List, recently, and when he described the attempt to return to the National Council for strategic policy to "revive the dead, our people was a slap," revealed efforts to deputies of the Iraqi out-clumping new fired by the "Youth of Iraq."

Prior to that suggested Iraq in the 21 of May, the current possibility of renunciation of its leader for his decision to give up the presidency of the National Council of the policies the Supreme, stressing the continuation of meetings with a coalition of state law, without specifying any date to meet with its leader, Prime Minister Nuri al-Maliki, after Oalnnh in the second of last March , abandoning his post because of "procrastination" Prime Minister Nuri al-Maliki legislation the Council and the implementation of the agreements that emerged from the table Kurdistan Region President Massoud Barzani, said in the media office of Allawi's time that the abandonment of position does not mean the withdrawal of the Iraqi political process.

The Kurdistan Alliance is revealed in the 17 of May, on the initiative of Kurdish seconds to resolve the differences between Prime Minister Nuri al-Maliki and the leader of the Iraqi List, Iyad Allawi, about candidates for the ministries of security at the American desire, noting that the initiative include the activation of the remaining items of the first on the powers of the President of Council policies, and come to the dialogue table to resolve points of contention between al-Maliki, Allawi, rather than an exchange of letters.

And announced that the Iraqi List, in the 19 of May, agreed with a coalition of state law to activate the agreements Arbil, including the National Council for the strategic policy, also confirmed that the Council will be presented soon to the Parliament to vote on the President.

The President of Iraq's Kurdistan region Massoud Barzani put forward, in September 2010, an initiative on resolving the political crisis in Iraq include the formation of a committee of between eight and twelve representatives of the political blocs to begin talks to form a new government and work to resolve outstanding differences, and convening meetings of the expanded leaders to resolve the issue the three presidencies.

And spin differences between the Iraqi List and the National Alliance on some of the terms of the Irbil, including the draft Law on the Council strategic policies supreme, and most important of these differences the mechanism to select the President of the Council, as the demands of the Iraqi List to be the mechanism of choice in the House of Representatives, which rejected the National Alliance and demands to be among the which is within the National Council for the strategic policy and has the capacity in which the person who chairs the council and the powers it be described as general secretary or president.

There are also differences between the parties over the nomination of candidates for security posts vacant in the government, was identified as the Iraqi List, the uniqueness of Maliki's nomination of candidates is a repudiation of the Agreement on Irbil, which gave the Iraqi list the full right according to the political consensus that oozes from it deems appropriate for the post of defense minister, saying it would reject vote on the candidates Maliki categorically.

http://alsumarianews.com/ar/1/22227/news-details-Iraq%20politics%20news.html

Iraqi Dinar ~ Private banks criticize the decisions of the Banking Act and Central asserts that it is for the protection of Iraqi funds ...

May 24, 2011
Private banks criticize the decisions of the Banking Act and Central asserts that it is for the protection of Iraqi funds
Alsumaria News / Baghdad

Confirmed that the majority of private banks in Iraq, Tuesday, the Banking Act, the Iraqi permit banks to government monopoly of the banking business, especially after the release of the new instructions, which calls for private banks to raise their capital to 250 billion Iraqi dinars, at least by the year 2013, while noting that this resolution makes the banking sector, the National semi-paralyzed and to have lost its elasticity, the central bank attributed the reasons to save the Iraqi funds deposited in these banks.

He said an expert on North Bank Sudanese civil Abbas in an interview for "Alsumaria News", "Some private banks have difficulty from the application of new instructions to increase their capital within three years, until 2013 from 100 to 250 billion Iraqi dinars."

The Sudanese that "the claim according to the instructions of new private banks merging with other banks, impeding the banking business and stand in front of the development and improve the functioning of these banks."

For his part, said the managing director of the Warka Bank National Mohammed al-Samarrai said in an interview for "Alsumaria News", "private banks called in accordance with Article 28 of the Banking Act, banks, investment and finance, but the opposite because she was banned from the practice of investment."

The Samurai, "The Ministry of Finance has not changed since 2009 and its view on private banks and suggest not to deal with it," noting that "the financial calls to deal only with the banking sector, government, and belonged to the mass of cash knowing that the government banks is not qualified to manage and unable to cope with ".

For his part, adviser to the Central Bank of the appearance of Mohammed in an interview for "Alsumaria News", "some government decisions in spite of their negative impact on private banks, but it is necessary to protect public money from looting, especially as there are in government deposits in these banks," he that "there are failures of these banks before the 37 banks of 45 bank."

Iraq has been announced in the earlier postponement of a program for restructuring the financial system of Iraq until the year 2013, which included restructuring of the largest banks Iraqi owned by the state and are good and Mesopotamia, and restructuring of the Audit Department at the Central Bank and the development of the private banking sector.

The Central Bank of Iraq said in November last year, 2010, that foreign banks operating in Iraq do not work independently, but under the umbrella of the local banks, civil, indicating that investments in Iraq, regional countries with a commercial dye and lacks international standards.

The Ministry of Finance has announced at the end of the month of January of this year from its quest for the opening of an Islamic bank under the Ministry of Finance based bank dropped interest in Mesopotamia and the good ..

The number of Arab and foreign banks made after the issuance of the Banking Act No. 94 of 2004 to get licenses for the establishment of private banks in Iraq, whether by 100%, or in partnership with banks, a local Iraqi, or to open branches to work in Iraq, but security conditions have prevented it , with the exception of some few posts that have been made with a number of national banks.

The CBI, with headquarters in Baghdad, has four branches in Basra and Sulaymaniyah, Irbil and Mosul, and founded the bank independent Iraqi under the law of the Central Bank of Iraq issued on the sixth of March 2004, and is responsible for the maintenance of price stability and the implementation of monetary policy, including policies, prices exchange and management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector
http://alsumarianews.com/ar/3/22226/news-details-Iraq%20business%20news.html

United Nations calls on the Iraqi government to carry out economic reforms and the elimination of unemployment

May 24, 2011

United Nations calls on the Iraqi government to carry out economic reforms and the elimination of unemployment
Alsumaria News / Baghdad

Invited the representative of the Secretary-General of the United Nations in Iraq ed Mleckert, Tuesday, the Iraqi government to carry out economic reforms and the elimination of unemployment and achieving social justice through the application of the principle of equal opportunities, stressing that the building of the future good of Iraq requires a good economy and a free market.

Said Ed Mleckert in a speech during the Partnership Conference on Economic, Social and Iraqi government, which was held at the parliament building today, and attended "Alsumaria News", that "there are things that are necessary to carry out reforms in the economy the most important provision of social security for workers and to achieve social justice through the application of the principle of equal opportunities" , and expected to "come up a good outcome of the Conference of the Iraqi economy to the stage of prosperity after the economic reforms required to achieve."

The Mleckert "The conference will discuss how to improve the situation of workers in Iraq, and end unemployment and the entry of Iraq into the global market to be an actor in the international economy," noting that the conference will "discuss how to rebuild the workers to their true role in the management of machines for the advancement of the Iraqi economy."

He Mleckert that "the process of building a good future for Iraq requires a good economy and a free market," pointing to "the importance of actions taken by the Iraqi government in the fight against financial and administrative corruption in all institutions."

The head of the Iraqi Council of Representatives Osama Najafi, said in his speech during the opening of the Partnership Conference on Economic, Social and Iraqi government, which was held at the parliament building today, that Iraq has turned over the past years to the market to waste the other world through the supply of goods corrupt and bad, noting that the House of Representatives is determined to put legislation to end those problems.

The Iraqi Prime Minister Nuri al-Maliki in a speech at the Business Forum Czech Iraqi investment, which was held yesterday in Baghdad, that Iraq is able to provide a security environment that is valid for the start of the movement-building and investment in the whole country, calling for Czech companies to invest in Iraq.

The Ministry of Labour and Social Affairs stressed, on Sunday, that available statistics indicate a million unemployed, while it showed the process of legislation the new Labour Code, which gives priority to serving the Iraqi work and guarantee their right to the full.

Iraq has been since the 25 of last February, demonstrations traveled around the country calling for reform and change and the elimination of unemployment and rampant corruption in the joints of the State, organized by the youth of university students and intellectuals are independent across social networking sites on the Internet, and saw those demonstrations narrowing by the security services and the imposition of a curfew to prevent the arrival of the demonstrators also witnessed a shooting by the security services, resulting in numerous deaths and injuries among the demonstrators.

Gave the Iraqi Prime Minister Nuri al-Maliki, on 27 February last, the ministries and provincial administrations hundred days to assess the work and know the extent of their success or failure, stressing that the ministries will see significant changes according to evaluation results.

And threatened the President of the Iraqi Council of Representatives Osama Najafi, last March, the withdrawal of confidence from the current government and drop what does not meet the demands of citizens, as well as the confidence of every minister could not carry a rate of 75% of programs designed for the ministry, which promise a coalition of state law is an attempt of Nujaifi to draw his role is greater than its real role.

It is noteworthy that Iraq suffers from high unemployment, both among young people who are unable to work or between university graduates, especially after the entry of a large number of foreign workers into Iraq, and believed by some economists that the statistical estimates issued by the Central Bureau of Statistics do not necessarily reflect the reality that already exists.

http://alsumarianews.com/ar/3/22182/news-details-Iraq%20business%20news.html

Currencies Are Expected to Rally This Year ~ Currency values vital decisions for fund managers ...

Snip ~ "Manulife Asset Management said the opportunity lies in further appreciation of the Indonesian rupiah, the Korean won and Chinese renminbi"

May 24, 2011
Currency values vital decisions for fund managers

Singapore, Asia's growing inflation and tight monetary policies that go with it are changing the way fund managers make their investment decisions.

Interest rates, which are a key factor for investments, now take a backseat to make way for currency values as their primary consideration.

And with that, fund managers are investing in assets denominated in currencies that are expected to rally this year.

As interest rates rise, bond prices go down, and that is a disincentive to bond investors.

But instead of flocking to regions with low interest rates, investors continue to find a gold mine in Asian credit markets.
Manulife Asset Management said the opportunity lies in further appreciation of the Indonesian rupiah, the Korean won and Chinese renminbi.
The asset management arm of Canadian-based Manulife Financial has launched an Asian bond fund to ride on these currencies' strength.

Manulife Asset Management managing director for fixed income Endre Pedersen said: "Inflation is going to continue to be on peoples' minds and you'll see central banks continue to increase interest rates.

"We don't think we're going to make much money from interest per se, so what we're doing and looking for is the way to make sure that we're investing in those that are less rate-sensitive.

"Currencies is obviously one way to generate returns".

The strategy works such that when institutional investors lend money to companies or invest in sovereign bonds, the currency by which the asset is denominated becomes a primary consideration.

A bond fund with an optimistic view on the Indonesian rupiah for instance, could buy bonds denominated in that currency.

As investors switch back again to their base currency - US dollar for instance - they will benefit not only from the returns from owning that rupiah bond but also from the exchange rate differentials.

Experts said Asian central banks are more likely to let their currencies appreciate to fight imported inflation from soaring global oil and commodity prices.

Manulife said it expects the yuan to strengthen by at least five per cent versus the US dollar by year end.

The Chinese currency has rallied by 1.3 per cent since the start of this year.

The fund manager is betting on a five per cent appreciation in the Indonesian rupiah and for the Korean won to trade below 1,000 to the US dollar by year end.

Fundsupermart general manager Wong Sui Jau said: "Especially for Asia, we're seeing a hike in interest rates rather than a fall.

"So there are not much returns to be made from there as well. Ultimately, what happens is that currency is the only remaining driver which will actually bring you returns.

"This is coupled by the fact (that) last year's currency made a huge difference in terms of returns.

"So if you're a bond fund manager who picked the country and bonds with the right currency exposure, you'll make a huge difference as opposed to if you didn't care about currencies at all, or if you picked the wrong currencies".

Manulife estimates that between 1997 and 2010, the return on Asian bonds was eight per cent a year, outperforming global indices.
http://www.channelnewsasia.com/stories/economicnews/view/1130937/1/.html

Mayahi: the demonstrations will continue until stopped Kuwait excesses

Baghdad / Iraqi future
The MP said the Iraqi bloc white Aziz Sharif Mayahi: »that the Iraqis will continue their demonstrations demanding to stop abuses of Kuwait and the recent establishment of the port of Mubarak, who would deprive Iraq from using its territorial waters«. The Mayahi in a statement to the National Agency Iraqi News / Nina / Day: » The public demonstrations will not be confined / Gomaa / one but will continue in the next Friday onwards until the stop of Kuwait for its excesses and actions hostile provocation against Iraq «." He continued: »Kuwait is well aware of it created port / Mubarak / on the island of Bubiyan cause in making Iraq lose water only the bomber.

http://www.almustakbalpaper.net/ArticleShow.aspx?ID=1511

Iraq denies the issuance of an arrest warrant against Allawi

Iraqi future / follow-up Denied speaking on behalf of Maysoon al-Iraqiya bloc, on Sunday, the issuance of any warrant provides for the arrest of President Iyad Allawi's coalition is against the backdrop of a lawsuit filed by the Chief of the Umma Party in the former province of Wasit. She explained that the leader of her coalition Damluji Iyad Allawi has parliamentary immunity, denying issuance of court of first instance on the issues of publishing and media motion to the arrest of Iyad Allawi, against the backdrop of a lawsuit filed by the Chief of the Umma Party in the former province of Wasit. She said we have to communicate Court start with and the media, has denied the news and the media sources pointed out yesterday (Sunday) that the court of first instance on the issues of publishing and the media issued a reminder require the arrest of leader of the coalition in Iraq, Iyad Allawi, against the backdrop of a lawsuit filed by the Chief of the Umma Party in Wasit province . For his part, denounced the Iraqi List, the first on Saturday, U.S. forces raided a house MP for Iraqi province of Kirkuk, Yassin al-Obeidi, and in this raid was considered a violation of the security agreement, demanded an urgent investigation to find out the motives of the attack. A spokesman for the Iraqi List, Haider Mulla said in a statement read at a news conference Saturday that the «Iraqi bloc condemns what was done by U.S. forces raiding the home of MP for the province of Kirkuk, Yassin al-Obeidi, located in center district of Hawija Complex Technical Institute», saying that «this raid represents violation of parliamentary immunity and a clear violation of the agreement to withdraw U.S. troops from Iraq ».

http://www.almustakbalpaper.net/ArticleShow.aspx?ID=1507

Washington requires the establishment of nine bases in the five provinces are not subject to the authority of Iraqi law

Wrote political editor
Convention entered extend the stay of U.S. forces in the final stage by a high-level diplomatic source who asked not to be named. The same source said that the agreement to be concluded was the result of discussions between the Office of Prime Minister Nuri al-Maliki and the U.S. Embassy, ​​and had continued since the tenth month of last year.
He added that the agreement includes the establishment of nine bases in five provinces, and both of these rules will be close to airports and vital installations, to ensure the application of military doctrine, the American-based intervention and resolution across the arm of air to each of the Provisions of arsenal, the U.S. air of stealth aircraft and unmanned aerial vehicles, which characterized the operations of American military intervention against opponents and the latest of which was the liquidation of Osama bin Laden.
This arrangement also allows and talk to the source, the possibility of intervention by Washington to support a military coup and to continue to approach intervention against Iraq's neighboring countries such as Iran, Syria, Jordan and the rest of the region.
And the rules of the nine sites that range in size from 40 hectares to 250 hectares, and that the rule will be held in Baghdad will be an area of ​​250 hectares, ie, an area of ​​two million five hundred thousand square meters, will be the larger of the importance of Baghdad as the political capital of Iraq.
The source added that the conditions stipulated by the agreement includes concessions is limited to the American side is not the same as the agreements concluded with America, Korea, Japan and Germany.
The source explained that the document of the Convention transferred from the Office of the Prime Minister to the Ministry of Foreign Affairs and then to the Ministry of Defense, and comments Babacar Zebari lack of readiness of Iraqi forces to stage after the American withdrawal was very similar to artillery fire primer to activate a script that will go by the Prime Minister to Parliament and the government.
Asks the source if Iraq had spent $ 40 billion on weapons programs, which now has two million soldiers and a security man on the ground, and then buy tanks and weapons detectors and sniffer dogs and helicopters, as well as a statement of government officials and American commanders on the ability of the Iraqi army to protect the homeland, What is the point of extension or renewal of agreement on the survival of U.S. forces in Iraq. He explains that among the conditions likely to accent and Washington in the new agreement, the rental charge of each of the nine sites no matter how square or I would be a thousand Iraqi dinars, and pledges to the Iraqi Foreign Ministry to hand over the sites identified by Washington, referred to in the appendices attached to the American side free of the concerns whatever kind (farming, homes, schools), and free of legal consequences and outside controls, laws and regulations, after obtaining approval from various government, including oil, electricity, communications, tourism and archeology, and the objection of any of these actors to stop work on the project regardless of the project.
This means that the Ministry of Finance obliged by jumping on all those instructions and the delivery of sites to the American side, though none of these sites contain ambush oil or archaeological sites comprising part of the heritage and history of Iraq's busy civilizations over the age of civilization's ancient. The source pointed out that the agreement period is five years, extendable to at the end of the extensions, and passed carries a lot of disregard for the people, it will be concluded to be signed between the representative of the Iraqi foreign ministry and a representative from the U.S. Embassy, ​​to ensure that submitted to the parliament. The source The U.S. side will assess the facilities as required by the function of each base in each city, and the terms of the agreement give the right to destroy the installations on each base when left, without any demand from the Iraqi government, while will be Iraq's airspace at the disposal of U.S. bases in accordance with the terms of the agreement.
He hinted to the source, the first signs to put up the Convention for the public discussion came during a meeting called by Deputy Prime Minister and the representative of the Kurdish leadership in Baghdad Rose Nouri Shaways, and the meeting was devoted to discuss the complete line-up and the remaining items of consensus Irbil, but the conferences were surprised Bcawess It raises the subject of the Convention, He has practiced Shaways During this meeting, a dual role, it is a prime minister as one of his deputies, as he is Massoud Barzani as its representative in Baghdad, meeting refused to discuss this subject as the competence of the Iraqi government, with the exception of representatives of state law who supported the discussion on the Convention and as a priority, The Wind Mr. Shaways on the subject claim call the leaders of the security forces in the defense and interior to solicit their views, but the rest of the representatives of the blocs refused to go into this file as a prerogative of the government is not the prerogative of the meeting of the blocks, and the source affirms that what

http://www.almustakbalpaper.net/ArticleShow.aspx?ID=1519