| |||
| Hasnawi: criticizing the political blocs to contempt for the ability of Iraqi security forces to take over the security file .. : [ 2011/04/30 ] Views: 0 Criticized the House of Representatives member Jawad al-Hasnawi TSH ..... more | |||
| Iraq directing all its embassies in Arab countries to facilitate the return of his subjects .. : [ 2011/04/30 ] Views: 1 The Ministry of Displacement and Migration said it had ..... more | |||
| Blast toll rises to the southeast of Baghdad, three martyrs and 28 wounded .. : [ 2011/04/30 ] Views: 0 A security source said that the outcome of improvised explosive device explosion in the village of ..... more | |||
| Syndicate of Journalists announced postponement of the meeting of the Federation of Arab Journalists in Baghdad .. : [ 2011/04/30 ] Views: 0 Said the Iraqi Journalists Syndicate pro-Lami postponed ..... more | |||
| The Ministry of Education exempt students registered contrary to the legal age for the years past the legal consequences of .. : [ 2011/04/30 ] Views: 0 Approved by the Ministry of Education to exempt students registered ..... more | |||
| University of Basra governing the acceptance of appointments on the owners through the Internet. Report voice .. : [ 2011/04/30 ] Views: 0 The University of Basra on the organization of forms numbered T. ..... more | |||
| Iraq and South Korea sign an agreement to secure oil supplies to Seoul in a state of emergency .. : [ 2011/04/30 ] Views: 0 South Korea said, the fifth largest importer of crude oil, P-..... more | |||
| Parliamentary Committee on Agriculture: plans to build small dams to keep the crops .. : [ 2011/04/30 ] Views: 11 Announced that the Committee on Agriculture and Water Alberl ..... more | |||
| Football Federation decide to postpone the 3 rounds of the UEFA Elite technical reasons .. : [ 2011/04/30 ] Views: 13 A member of the Iraqi Central football, on Friday, the ..... more | |||
| Khudair Khuzaie warns of what he called the destruction of the National Alliance in the absence of ratification of the nomination for Vice-President of the Republic. Report voice .. : [ 2011/04/29 ] Views: 98 Warned the leader of the Dawa Party-Iraq Organization Khudair ..... more | |||
| [«]« السابق | 1 | 2 3 4 5 6 7 8 9 10 | التالي » [ » ] | |||
I try to cover everything from rumors to REAL news and if some on has something let Me know I really intrested to hear from people in the middle east to inform other folks
Showing posts with label Iraq. Show all posts
Showing posts with label Iraq. Show all posts
Saturday, April 30, 2011
Raise zeros from Iraqi dinar and its positive and negative title for a scientific symposium at the University of Babylon. Report of the voice
Thursday, April 28, 2011
Iraq admits a 5% discount for the price of crude oil sold to refiners
Iraq’s parliament approved on Wednesday legal amendments provide for a discount price of crude oil sold to refiners increased by five percent in a bid to attract foreign investors to build new refineries.
At present, Iraq sells crude oil to refiners at a discount of one percent of the world price.
At present, Iraq sells crude oil to refiners at a discount of one percent of the world price.
Iraq acknowledged the new charge for a period of 50 years and will be a minimum of four dollars a barrel and a maximum of eight dollars.
Iraq and lacks the necessary investments in refining capacity for the production of fuels such as diesel and gasoline. Iraq has been forced since the US-led invasion in 2003 to purchase imported fuels to fill the widening gap between supply and demand.
Parliament also amended the 2007 law which regulates the work of the refiners to allow them to lease land to the refinery for 50 years with right of renewal.
Adnan al-Janabi, head of the oil and gas in the parliament that these amendments are important and will encourage foreign investors to start building and operating Msaverm own in Iraq.
The amendments will also help to remove red tape and obstacles that stand in the way of investors.
Friday, April 22, 2011
U.S. military chief: it is necessary for the leaders of Iraq to conduct serious discussions if they want to keep U.S. troops in Iraq
BAGHDAD (Iba) / follow up / … The head of the army General Staff, Admiral Mike Mullen, the U.S. is essential to Iraq’s leaders to conduct serious discussions if they want to keep U.S. troops in Iraq beyond the scheduled date for their withdrawal at the end of this year.
Was quoted by Reuters news agency Mullen, who arrived in Baghdad on Thursday for the United States intends to withdraw the rest of the troops numbering about 47 thousand soldiers from Iraq by the end of 2011 and that any decision to change that is the case with Iraq, calling on Iraqis to dialogue with the government in the event of the adoption of this resolution ..
It is due to hold Mullen talks with Iraqi Prime Minister Nuri al-Maliki and some of the officials on the U.S. withdrawal.
Mullen’s trip to Iraq just two weeks after a visit by U.S. Defense Secretary Robert Gates, who put pressure on the Iraqi government to take a decision on its need for U.S. troops to stay to help deal with the rebels.
For their part, U.S. officials said they expect to expedite the evacuation of remaining U.S. forces in Iraq in late summer or autumn so that they can withdraw the entire force at the end of the year unless the agreement is concluded to extend the U.S. military presence in Iraq.
The United States also dismantle the military bases and the transfer of equipment and the delivery of facilities to Iraqi forces.
Gen. Lloyd Austin, who commands U.S. troops in Iraq, a press statement earlier this month that there is a critical point beyond which U.S. troops stay in Iraq or sent back as soon as costly or difficult than it should.
And seen a lot of areas of Iraq popular demonstrations demanding the implementation of a U.S. withdrawal from Iraq, according to the terms of the security agreement between the two countries.
http://bit.ly/gOQkIh
Suhail looking Mleckert with Iraq would emerge from Chapter VII, and for the United Nations a bigger role after the departure of the occupation
BAGHDAD (Iba) .. search the First Deputy Chairman of the House of Representatives Qusay al-Suhail, Thursday, with the head of the UN mission in Iraq Ed Mleckert exit Iraq from Chapter VII, and the UN a bigger role after the departure of the occupation. .. He stressed Suhail on the need to understand the neighboring countries that Iraq has become has a democratic system, expressing all shades of the Iraqi people and became a security, stability and investment in the region, calling on the United Nations to exert greater efforts in supporting the joints of education, health, technology and other sectors.
.. He also called on Iraq to get out of the Wills International because of its cultural and historical depth.
.. For his part, Melkert said that Iraq had a long way in the process of building democratic, institutional and became his major role in the international community through the democratic experiment
.. He also called on Iraq to get out of the Wills International because of its cultural and historical depth.
.. For his part, Melkert said that Iraq had a long way in the process of building democratic, institutional and became his major role in the international community through the democratic experiment
Labels:
Chapter VII,
Iraq,
Melkret,
United Nations Security Council
Thursday, March 24, 2011
Iraq-Business News: Iraq and the new geopolitical calculus
By Tariq Abdell, Iraq’s political risk analyst, and Founder & CEO of Mesopotamia Insight.
In light of ongoing socio-political changes in MENA region, Iraq’s massive protests, from Zakho to al-Faw, accentuate the political astuteness and the frustration of the Iraqi people with their elected officials.
Disenfranchised Shiites, Sunnis, Kurdish, Arabs, and Christians are all demanding the same: an end to ethno-sectarian quota-sharing system, corruption, and, most importantly, universal access to basic services such as potable water, electricity, housing, education, healthcare, and jobs.
Given the legitimacy and urgency of the protestors’ demands, the government nebulous responses (halving of some officials’ salaries, 100-day ultimatum to incumbent ministers, boosting food ration with extra cash, etc…) are mere cosmetic measures to allay people’s frustration and anger. Unarguably, the cumulative effects, hitherto, of the elected officials’ ineptitude and schism are protracting decades of erroneous policies and, subsequently, the people’s tribulations. Impelling the majority of the Iraqi people to question the legitimacy of their government and the effectiveness of its institutions, a dangerous threshold that could hastily throw the country back into its darkest years of sectarian violence and lawlessness.
Read More: http://www.iraq-businessnews.com/2011/03/22/iraq-and-the-new-geopolitical-calculus-4/
In light of ongoing socio-political changes in MENA region, Iraq’s massive protests, from Zakho to al-Faw, accentuate the political astuteness and the frustration of the Iraqi people with their elected officials.
Disenfranchised Shiites, Sunnis, Kurdish, Arabs, and Christians are all demanding the same: an end to ethno-sectarian quota-sharing system, corruption, and, most importantly, universal access to basic services such as potable water, electricity, housing, education, healthcare, and jobs.
Given the legitimacy and urgency of the protestors’ demands, the government nebulous responses (halving of some officials’ salaries, 100-day ultimatum to incumbent ministers, boosting food ration with extra cash, etc…) are mere cosmetic measures to allay people’s frustration and anger. Unarguably, the cumulative effects, hitherto, of the elected officials’ ineptitude and schism are protracting decades of erroneous policies and, subsequently, the people’s tribulations. Impelling the majority of the Iraqi people to question the legitimacy of their government and the effectiveness of its institutions, a dangerous threshold that could hastily throw the country back into its darkest years of sectarian violence and lawlessness.
Read More: http://www.iraq-businessnews.com/2011/03/22/iraq-and-the-new-geopolitical-calculus-4/
Labels:
Arab people,
Baghdad,
Iraq,
middle east,
Politics of Iraq,
sanctions,
Warfare and Conflict
Iraq-Kuwait committee meeting March 28th; Kuwait FM assures to help Iraq emerge from Ch VII sanctions
Kuwait (news) .. ends the day the Iraqi parliamentary delegation headed by President of the Iraqi Council of Representatives Osama Nujaifi visit as a success to the State of Kuwait continued for three days. After an agreement to set up committees to discuss the outstanding problems between the two countries.
A member of the delegation, Dr. Salim Abdullah al-Jubouri, the Chairman of the Commission on Human Rights Council in close communication with him conducted by the Agency (news) today, said that the delegation will end the day visit to Kuwait that lasted for three days, calling the visit a success.
And that there are joint committees between the two countries will begin their work in the twenty-eighth of this month to resolve outstanding problems between them and the most important issue of debt owed by the Kuwaiti invasion by Iraq in August of 1990.
Jubouri said that this visit has been a success exists in many of the aspects that were discussed between the two sides, pointing out that there is a presence of good faith of the parties in Kuwait resolve the outstanding problems between the two countries.
The Kuwaiti Prime Minister Sheikh Nasser Mohammad Al-Sabah visited the Iraqi capital of Baghdad last January, which was labeled as historic and extraordinary, and announced the formation of a joint committee in order to resolve all outstanding problems between the two countries.
The Foreign Minister Hoshyar Zebari in a timely manner was to address the unfortunate incident in the territorial waters was agreed to investigate the subject as an isolated and accidental, not essential and will not affect the friendly relations between the two sides.
For his part, Kuwaiti Foreign Minister Sheikh Mohammed Al-Salem Al-Sabah said Kuwait has the blessing of Iraq’s success in proving the democratic process and the issuance of a series of resolutions declare the exit Iraq from Chapter VII, and assured help our brothers out of the threat of sanctions completely.
He stressed that the visit is very important, do not include the protocol but also to discuss issues, and we took the decision to remove the obstacles.
He said the Kuwaiti minister there are many issues considered by the Committee, we have a genuine desire to build bridges, not dams.
He concluded by stressing participation of the Emir of Kuwait at the Arab summit scheduled to be held in Baghdad next May.
For his part, Iraqi Prime Minister Nuri al-Maliki, his country’s keenness to develop relations with Kuwait, said during a meeting with his Kuwaiti counterpart that Iraq is in the political process, no longer a country of one man, in the same nation, and class, adding that Iraq today is a unified country, and its resolution uniform, and has its institutions and services in various critical areas, and Iraq today is not like Iraq at the time of the previous dictatorship, does not risk its security and Aiatdi on others.
He stressed that after the completion of security, we want to solve all the problems left behind by the previous regime, particularly with regard to relations with the brotherly countries, namely the State of Kuwait, it is not in our interest to the survival of these problems, we want to finish this, because we are brothers and neighbors, and we must end all outstanding matters, It is now on the way to a solution, and there is a joint committee of specialists will begin to solve these problems as soon as possible.
For his part, Kuwaiti Prime Minister said that the previous phase is over, and we are now in a new phase of bilateral relations between the two brotherly countries and neighbors, and if there were difficulties we face, we have to solve it through peaceful means, and the Joint Committee will be competent to find solutions as soon as possible.
He said Sheikh Nasser Al-Iraq congratulate the lifting of international sanctions, and we stress the importance of leaving under (lifting) Chapter VII, and start joint-venture relations in border areas and oil and other economic fields.
And promised to visit in a timely manner is the first of its kind for senior Kuwaiti official since the Iraqi invasion of Kuwait during the era of former president Saddam Hussein in 1990, it is also the first at this level since 1989 when the late Prime Minister Sheikh Saad Al Abdullah Al Sabah visited Baghdad.
Has urged Kuwait during December of last year’s Iraq on the need to comply with UN resolutions to resolve the outstanding issues between them, and that after the cancellation of the UN Security Council recently imposed sanctions on Baghdad.
http://bit.ly/ggEczl
A member of the delegation, Dr. Salim Abdullah al-Jubouri, the Chairman of the Commission on Human Rights Council in close communication with him conducted by the Agency (news) today, said that the delegation will end the day visit to Kuwait that lasted for three days, calling the visit a success.
And that there are joint committees between the two countries will begin their work in the twenty-eighth of this month to resolve outstanding problems between them and the most important issue of debt owed by the Kuwaiti invasion by Iraq in August of 1990.
Jubouri said that this visit has been a success exists in many of the aspects that were discussed between the two sides, pointing out that there is a presence of good faith of the parties in Kuwait resolve the outstanding problems between the two countries.
The Kuwaiti Prime Minister Sheikh Nasser Mohammad Al-Sabah visited the Iraqi capital of Baghdad last January, which was labeled as historic and extraordinary, and announced the formation of a joint committee in order to resolve all outstanding problems between the two countries.
The Foreign Minister Hoshyar Zebari in a timely manner was to address the unfortunate incident in the territorial waters was agreed to investigate the subject as an isolated and accidental, not essential and will not affect the friendly relations between the two sides.
For his part, Kuwaiti Foreign Minister Sheikh Mohammed Al-Salem Al-Sabah said Kuwait has the blessing of Iraq’s success in proving the democratic process and the issuance of a series of resolutions declare the exit Iraq from Chapter VII, and assured help our brothers out of the threat of sanctions completely.
He stressed that the visit is very important, do not include the protocol but also to discuss issues, and we took the decision to remove the obstacles.
He said the Kuwaiti minister there are many issues considered by the Committee, we have a genuine desire to build bridges, not dams.
He concluded by stressing participation of the Emir of Kuwait at the Arab summit scheduled to be held in Baghdad next May.
For his part, Iraqi Prime Minister Nuri al-Maliki, his country’s keenness to develop relations with Kuwait, said during a meeting with his Kuwaiti counterpart that Iraq is in the political process, no longer a country of one man, in the same nation, and class, adding that Iraq today is a unified country, and its resolution uniform, and has its institutions and services in various critical areas, and Iraq today is not like Iraq at the time of the previous dictatorship, does not risk its security and Aiatdi on others.
He stressed that after the completion of security, we want to solve all the problems left behind by the previous regime, particularly with regard to relations with the brotherly countries, namely the State of Kuwait, it is not in our interest to the survival of these problems, we want to finish this, because we are brothers and neighbors, and we must end all outstanding matters, It is now on the way to a solution, and there is a joint committee of specialists will begin to solve these problems as soon as possible.
For his part, Kuwaiti Prime Minister said that the previous phase is over, and we are now in a new phase of bilateral relations between the two brotherly countries and neighbors, and if there were difficulties we face, we have to solve it through peaceful means, and the Joint Committee will be competent to find solutions as soon as possible.
He said Sheikh Nasser Al-Iraq congratulate the lifting of international sanctions, and we stress the importance of leaving under (lifting) Chapter VII, and start joint-venture relations in border areas and oil and other economic fields.
And promised to visit in a timely manner is the first of its kind for senior Kuwaiti official since the Iraqi invasion of Kuwait during the era of former president Saddam Hussein in 1990, it is also the first at this level since 1989 when the late Prime Minister Sheikh Saad Al Abdullah Al Sabah visited Baghdad.
Has urged Kuwait during December of last year’s Iraq on the need to comply with UN resolutions to resolve the outstanding issues between them, and that after the cancellation of the UN Security Council recently imposed sanctions on Baghdad.
http://bit.ly/ggEczl
Sunday, March 13, 2011
Kuwait rejects cancel internationalization issues outstanding with Iraq
March 13 2011
- Kuwait has asked the UN Security Council to keep the issue of Iraq and Kuwait on the agenda of the Council the necessary importance.
Permanent delegate of the State of Kuwait to the United Nations in the Mansour Al-Otaibi letter addressed to the President of the Security Council that “the Government of Kuwait to keep the situation between Iraq and Kuwait on the list of issues that attract full attention of the Council”.
He added Al-Otaibi said kabas issued Saturday that “all United Nations Member States to inform the President of the Security Council earlier in the year of its wish to maintain issues of concern to the Council’s agenda, so don’t delete permanently from his agenda”. Prominent among the outstanding issues between Iraq and Kuwait: reparations paid by Iraq occupation of Kuwait in 1990, and the position of Kuwait from Iraq out of Chapter VII of the United Nations, and two boundary and the remains of missing Kuwaitis and US Vice-President Joseph Biden told the UN Security Council by mid-December last year, the Board decided to cancel its sanctions on Iraq by following the occupation of Kuwait 1990.
Wednesday, January 12, 2011
Baghdad raises the percentage of part investment in the budget in 2011
Baghdad, January 11 (Rn) – The board of advisers in the Iraqi prime minister, on Tuesday, that the government decided to raise the investment ratio in the slot in the current year budget to 30% at the expense of the operational aspect in order to support investment projects.
A member of the Mohamed Fadel Kurdistan News Agency (Rn), “The Iraqi government raised the investment ratio in the budget in 2011 from 23% to 30% after it reduced many of the requirements of the operational plan for this year.”
Mohammed said that “the proportion of part operational in the current year budget of 70% would go to salaries and financial benefits of the staff, and another part which is worth up to 20% is allocated for the purchase of the needs of ministries and government bodies such as automobiles, maintenance and technical equipment and office supplies.”
He said that Mohammed “high rate of fissure in the operational budget for the part because of investment returns and income from employment mechanism which requires the State to reform in line with new economic development in the region and the world.”
The Attorney-Chuan Mohamed Taha told (Rn) earlier in the day that the House of Representatives decided in today’s session at the request of the Chair to postpone the first reading of the draft general budget for 2011, because of technical Nicosat in the budget of the project such as printing and other things.
The coalition and Kurdish blocs withdrew from the meeting read last month to protest the provincial allocations and requirements set for the allocation of consideration in addition to reading the first void.
The Iraqi Council of Ministers approved the draft general budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year’s budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars, a shortfall of 12 billion dollars
aknews
http://bit.ly/e4kahD
A member of the Mohamed Fadel Kurdistan News Agency (Rn), “The Iraqi government raised the investment ratio in the budget in 2011 from 23% to 30% after it reduced many of the requirements of the operational plan for this year.”
Mohammed said that “the proportion of part operational in the current year budget of 70% would go to salaries and financial benefits of the staff, and another part which is worth up to 20% is allocated for the purchase of the needs of ministries and government bodies such as automobiles, maintenance and technical equipment and office supplies.”
He said that Mohammed “high rate of fissure in the operational budget for the part because of investment returns and income from employment mechanism which requires the State to reform in line with new economic development in the region and the world.”
The Attorney-Chuan Mohamed Taha told (Rn) earlier in the day that the House of Representatives decided in today’s session at the request of the Chair to postpone the first reading of the draft general budget for 2011, because of technical Nicosat in the budget of the project such as printing and other things.
The coalition and Kurdish blocs withdrew from the meeting read last month to protest the provincial allocations and requirements set for the allocation of consideration in addition to reading the first void.
The Iraqi Council of Ministers approved the draft general budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year’s budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars, a shortfall of 12 billion dollars
aknews
http://bit.ly/e4kahD
Labels:
Budget,
Investment,
Iraq,
kurdistan,
Muhammad,
Politics of Iraq,
Prime Minister of Iraq
Vice in Iraq: Parliament will not pass the budget due to the lack of final accounts and social benefits for the presidency
January 11th, 2011 08:21 pm
(And the country’s news agency) – (01/11/2011 AD)
Iraq – Baghdad (and the country’s news agency):
Ruled out the leadership of the Iraqi List high Nassif, approval of the federal budget for this year before the changes.
The agency said Nina for Nassif, saying that “all political blocs have important observations on the budget, and that it is difficult to be passed without amendments it.”
Nassif added, “There are highly problematic in terms of social benefits for the presidency, as well as the absence of the final accounts, as well as observations made by certain private blocks of the Kurdistan Alliance, regarding the oil revenues.”
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://biladnews.net/index.php%3Fact%3Dartc%26id%3D1132&rurl=translate.google.co.uk&twu=1
(And the country’s news agency) – (01/11/2011 AD)
Iraq – Baghdad (and the country’s news agency):
Ruled out the leadership of the Iraqi List high Nassif, approval of the federal budget for this year before the changes.
The agency said Nina for Nassif, saying that “all political blocs have important observations on the budget, and that it is difficult to be passed without amendments it.”
Nassif added, “There are highly problematic in terms of social benefits for the presidency, as well as the absence of the final accounts, as well as observations made by certain private blocks of the Kurdistan Alliance, regarding the oil revenues.”
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://biladnews.net/index.php%3Fact%3Dartc%26id%3D1132&rurl=translate.google.co.uk&twu=1
Labels:
Iraq
Monday, January 10, 2011
Board of Executive Directors at the IMF advised to raise the prices of exchange and the increase in foreign reserve
Posted: January 9, 2011
Board of Executive Directors at the IMF advised to raise the prices of exchange and the increase in foreign reserve
Council discussed the Executive Directors of the Fund International Monetary ways to reduce the volatility of capital flows across borders, and enhance their role in supporting economic growth and stability and the protection of the financial system, but differing views and attitudes of the case without reaching an agreement that allows change the terms of agreement Bretton Woods, who founded the IMF and World Bank international law, including allowing the establishment of an international legal framework to address the issues associated with the movement of so-called hot money capital.
Did not disclose the Board of Directors unveiled the nature of the differences, but only the reference in the statement that some managers indicated a willingness to discuss the amendment of the Agreement Constitution, while I felt the majority was that it was premature to begin discussions on the issue, before subjecting capital flows for further analysis, and study the practical experiences Member States.
According to the statement that the managers (from what appears to be few enthusiastic to the question of establishing a legal framework), they noted that volatile capital flows have played a major role in the global financial crisis, both increase the vulnerabilities and shocks to be transmitted across the border, arguing that these flows are lacking governed by the international road map, like the international rules governing trade in goods and services, as well as the international monetary arrangements ».
The Directors agreed on the need to strengthen the IMF’s role in matters relating to capital flows, on the basis of the responsibility entrusted to him on the stability of the financial system.
The decision to implement the plan of the Board of Governors, the highest authority in the Fund, adopted at its annual meeting in October (October) the past, and sentenced to «deepen» Role of IDA in the affairs of exchange rates and capital flows, which they considered of «vital to the functioning of the economy and the stability of the system Cash global ».
Spokeswoman Monetary Fund Caroline Atkinson in a press conference, that the Fund is working on an extensive analysis of capital flows and their engines and the experiences of Member States, noting that a preliminary study presented by the Foundation to the meeting of Board of Directors, which included a package of measures which States, especially emerging economies, which have made it a revival of their economies and high yielding investment, compared with developed countries more attractive for foreign investments, applied to reduce the dangers of these flows.
Among the key actions in the package reduce the risks available to emerging economies, the target levels of huge flows of capital seeking high returns, highlighted Atkinson increase reserves states of hard currencies, and allow their currencies to the national high exchange rates, in addition to procedures secondary aims to strengthen the capacity of financial sectors Banking and resistant to shocks, such as a precautionary measure, which resorted to Brazil last week, it ordered the banks to raise levels of reserves.
And according to recent estimates by the institutions concerned with the affairs of the emerging economies, the private investment that flowed to emerging markets Chairperson last year, exceeded most forecasts as Nahzat 820 billion dollars, registering an increase Tnov 40 percent, compared to 2009.
And are expected to maintain these capital flows, which are direct investments in stocks of productive projects about 40 percent of the total volume, to maintain the level if not a slight increase this year.
The share of five emerging economies of the Arab president, Saudi Arabia, UAE, Egypt, Morocco and Lebanon in 2010 about $ 60 billion, double the level recorded in 2009.
Attracted oil and gas projects in Saudi Arabia and the UAE the bulk of direct investment, while financial markets regained some of the Arab, especially Egypt, the attractiveness of investments in shares.
However, the Fund has published several reports which confirmed that the fight against the repercussions of the global economic recession through the programs of investment and government spending and support the capacity of financial and banking sectors to resist shocks, sapped the energy savings for many emerging economies.
A report, foreign currency reserves of the fund, which he published last week, the emerging economies strengthen reserves resumed strongly in the second half of 2010, but at a slower pace than the previous year.
In the first nine months of 2010, the balance of emerging economies rose by 7.8 percent to 5.9 trillion dollars, while the reserve that used by States in the form of the Chairman of the financing of imports, rose 10 percent in the same period of 2009, to 5.17 trillion dollars.
But the accumulation of reserves of hard currency is in itself a strong indication that the emerging economies, especially China, which is unique to about 45 percent of the balance of these economies (2.65 trillion U.S. dollars), is not enthusiastic about the item relating to raising the exchange rates of their national currencies of the package of measures which it deems Fund «appropriate» to combat the threat of capital flows.
http://bit.ly/gFuWqi
Board of Executive Directors at the IMF advised to raise the prices of exchange and the increase in foreign reserve
Council discussed the Executive Directors of the Fund International Monetary ways to reduce the volatility of capital flows across borders, and enhance their role in supporting economic growth and stability and the protection of the financial system, but differing views and attitudes of the case without reaching an agreement that allows change the terms of agreement Bretton Woods, who founded the IMF and World Bank international law, including allowing the establishment of an international legal framework to address the issues associated with the movement of so-called hot money capital.
Did not disclose the Board of Directors unveiled the nature of the differences, but only the reference in the statement that some managers indicated a willingness to discuss the amendment of the Agreement Constitution, while I felt the majority was that it was premature to begin discussions on the issue, before subjecting capital flows for further analysis, and study the practical experiences Member States.
According to the statement that the managers (from what appears to be few enthusiastic to the question of establishing a legal framework), they noted that volatile capital flows have played a major role in the global financial crisis, both increase the vulnerabilities and shocks to be transmitted across the border, arguing that these flows are lacking governed by the international road map, like the international rules governing trade in goods and services, as well as the international monetary arrangements ».
The Directors agreed on the need to strengthen the IMF’s role in matters relating to capital flows, on the basis of the responsibility entrusted to him on the stability of the financial system.
The decision to implement the plan of the Board of Governors, the highest authority in the Fund, adopted at its annual meeting in October (October) the past, and sentenced to «deepen» Role of IDA in the affairs of exchange rates and capital flows, which they considered of «vital to the functioning of the economy and the stability of the system Cash global ».
Spokeswoman Monetary Fund Caroline Atkinson in a press conference, that the Fund is working on an extensive analysis of capital flows and their engines and the experiences of Member States, noting that a preliminary study presented by the Foundation to the meeting of Board of Directors, which included a package of measures which States, especially emerging economies, which have made it a revival of their economies and high yielding investment, compared with developed countries more attractive for foreign investments, applied to reduce the dangers of these flows.
Among the key actions in the package reduce the risks available to emerging economies, the target levels of huge flows of capital seeking high returns, highlighted Atkinson increase reserves states of hard currencies, and allow their currencies to the national high exchange rates, in addition to procedures secondary aims to strengthen the capacity of financial sectors Banking and resistant to shocks, such as a precautionary measure, which resorted to Brazil last week, it ordered the banks to raise levels of reserves.
And according to recent estimates by the institutions concerned with the affairs of the emerging economies, the private investment that flowed to emerging markets Chairperson last year, exceeded most forecasts as Nahzat 820 billion dollars, registering an increase Tnov 40 percent, compared to 2009.
And are expected to maintain these capital flows, which are direct investments in stocks of productive projects about 40 percent of the total volume, to maintain the level if not a slight increase this year.
The share of five emerging economies of the Arab president, Saudi Arabia, UAE, Egypt, Morocco and Lebanon in 2010 about $ 60 billion, double the level recorded in 2009.
Attracted oil and gas projects in Saudi Arabia and the UAE the bulk of direct investment, while financial markets regained some of the Arab, especially Egypt, the attractiveness of investments in shares.
However, the Fund has published several reports which confirmed that the fight against the repercussions of the global economic recession through the programs of investment and government spending and support the capacity of financial and banking sectors to resist shocks, sapped the energy savings for many emerging economies.
A report, foreign currency reserves of the fund, which he published last week, the emerging economies strengthen reserves resumed strongly in the second half of 2010, but at a slower pace than the previous year.
In the first nine months of 2010, the balance of emerging economies rose by 7.8 percent to 5.9 trillion dollars, while the reserve that used by States in the form of the Chairman of the financing of imports, rose 10 percent in the same period of 2009, to 5.17 trillion dollars.
But the accumulation of reserves of hard currency is in itself a strong indication that the emerging economies, especially China, which is unique to about 45 percent of the balance of these economies (2.65 trillion U.S. dollars), is not enthusiastic about the item relating to raising the exchange rates of their national currencies of the package of measures which it deems Fund «appropriate» to combat the threat of capital flows.
http://bit.ly/gFuWqi
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