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Controversial draft law on Iraqi oil and gas
Fri Jul 11, 2008 3:09 am
Controversial draft law on Iraqi oil and gas
The seminar: Mohamed Abdel-Azim
Guest seminar: Ali Hassan Blue / Chairman of the Committee on the oil and gas in Iraqi parliament
The scene / oil expert
Date Seminar: 6/7/2008
The draft law of oil and gas new and planned endorsement after endorsement of the Parliament over the items, the difference mainly on the three supplements that have detailed regulations for the Law of the oil, gas and came to focus on The issue of investments that will be given to foreign firms and the issue of private Kurdistan Regional Government of Iraq to grant this kind of investment and signing oil contracts without reference to the central government in Baghdad, but the main obstacle that stands in the way of exporting oil from the Kurdistan region is the work of transporting oil as the sole access Of the oil region is the Turkish port of Ceyhan, which makes the administration of the territory under Turkish pressure no agreement yet on the descent to be submitted by Baghdad to the Government of the Territory of oil revenues, is still ongoing controversy between the parties about the eligibility of each contract in the oil deals in private, and there are dissenting opinions believes that the timing was not the law serves the interests of Iraqis, especially as the country is suffering Under the weight of the occupation, which controls the joints Iraqi economy. The increased concern at the grassroots level in Iraq following the decision of the Iraqi Oil Ministry to allow 41 foreign companies investing in six oil fields in various regions of Iraq under the pretext of lifting production rate to one and a half million barrels a day, the new law gives the right for foreign companies to invest in accordance with the profit-sharing system, production and achieve this As the economists say the interest of those companies at the expense of the interests of the countries and peoples.
After that we have highlighted on the latest developments on the law of oil and gas begin with you from Baghdad, Dr. Blue this law is more than a year in Iraqi parliament Of controversy and debate has not been ratified so far, why?
Ali Hussein I would like to clarify that the law of oil and gas had been received after the Iraqi parliament to debate until it was delayed while the law in the corridors of government and the Iraqi Oil Ministry so far has not received a copy Of the draft law certified by the cabinet so that we in the House of Representatives and discussed the Iraqi offer to a vote.
Abdel-Azim: How good Doctor talks if Iraqi Oil Minister to give contracts to certain companies for exploration and development? There are six companies assumed that there is now discussion and negotiations with them, how the negotiations take place and the law has not been originally presented to the parliament?
Ali Hussein Blue: the truth as I believe I'm in the 7 / 6 rule was oil minister in the Iraqi parliament at a special meeting of the Committee, we raised the oil and gas a detailed report on this subject and we hold the responsibility of the Government and Minister of Petroleum lack of seriousness in the completion of draft Law because the law there is almost a copy agreed since February 2007 but was disagreement on some points, including four appendices attached with the law, was supposed to be avoiding such contentious points as soon as possible because the country, Iraq urgently need this legislation law to regulate and develop oil fields and so can not conclude Decades without the presence of law and a model of contracts can be agreed upon beforehand by the House and by the Iraqi Commission on oil and gas in the House of Representatives of Iraq.
Abdel-Azim:Anyway, if this law was not presented to the parliament, it was reported in the media. I want to hear the opinion of Dr. Ali scene, Dr. what's the problem with this new law? There are many objections raised by a lot of controversy, what are the salient points contained in this Act, which was raised by the controversy?
Bismillahir Rahmanir Rahim, a matter of fact, Professor Abdel-Azim that the draft petroleum law was discussed as also the brother knows discussed before the House and I personally presented a paper at 17 pages in Dubai, to meet with the Chamber of Deputies with the executive government Pena our view that this draft where many obstacles and mines and requires Even examination Monday that the group of experts who put our colleagues on this draft Parings mean criticized the fact and asked for the removal of much of the material and can recall many of these articles of Article 2 and a 4 and Article 5 and Article 6 a b, 8 a, 8 and 9 T. Thus mean so much material that experts say Iraqis put their hands I recommend that this wealth depleted by the King of the Iraqis and I speak not fervent mind, but I hope that this consultation heard ruler and the ruled, treasure the nation's wealth among Iraqis now many possibilities now there is controversy there is no rule of non-parties ..
(Hashim): Dr. framers of this law said that the objective of this law is to attract large investments of money and will serve the country?
Ok these investments Many Hattha what I treasure exists in my country now found in Iraq mean the minor nominal Iraqis now in Iraqi funds, whether or existing international officials in the legislative and executive authority and I when he addressed representatives of the people are good when they bore the responsibility that these funds now invested in services In establishing security leave this treasure is now in order not to go and burn because they depleted the wealth of what we have a lot of money, but create the environment required for the disbursement of funds, which in their hands and not Sttbdhir this wealth and this wealth I speak on a friendly level Iraq and the level of Oil Exporting Countries but kept in the theatre When we say the Iraqi northern Iraq, say central Iraq and southern Iraq in order to increase the pockets of mercy for its people and for yourselves and wealth management because the wealth of human and natural wealth and then controlling spending ways are the objectives of the draft law, how to preserve this wealth? Now that I am recommending an oil knowledgeable in this matter and heard from in Iraq and outside Iraq who now hold the decision to use the power of wealth survey for the giant fields to conduct measurements on wells to provide petroleum products for the Iraqi people, leaving export-General of the money we have enough Iraqis , Use this word and deed, saying that oil is the property of Iraqis, Bush said, dismissing the Muslim Brotherhood, as they say in the Constitution and the House of Representatives and approved by God acetic Iraqis benefit from this ..
(Hashim): Dr. mean if allowed to hear the opinion of Dr. Blue at this point, Dr. listened to what Dr. scenery, the current government The new law would give foreign firms the right of the Iraqi funds?
work shop 2007 For what prefer Dr mean there was a seminar or work shop, as they say in Dubai in April 2007 on the draft law and was attended by a group of Iraqi experts and professionals to discuss the content of the draft law But the law did not come formally to the House of Representatives Iraqi Here I am responsible for the oil, gas and natural wealth in the Iraqi parliament say very clearly, we have not received an official copy ..
(Hashim): I mean, why wait until the government presents to parliament this law? Is waiting to be consensus and Parliament gives legitimacy only?
Ali Hussein waiting to resolve differences within the cabinet and the Ministry of Oil and not delay the bill in the House of Representatives and the Iraqi letter as my professor, Dr. take on the political side takes a more technical aspect of the draft Law and legislation in the field of law serves the oil because the Iraqi people without law and the entire oil and gas will probably be no misconduct or failure to set limits on the disposal of experts or politicians to behave in this great treasure, Iraq's economy, which depends more than 90% of it, so I say that the acceleration in Legislation Law of the oil and gas very necessary and delayed impact negatively on the Iraqi economy, we in the oil and gas legislation with the law as soon as possible not imagine delaying serve any person or any individual in Iraqi society.
Dr. Overall this law mean when a lot of points that he fears them Iraqis and experts that money goes to non-Iraqis Iraqis. We will complete more talk on this subject, but after that we stopped short, Dear viewers kept us after this short break.
Welcome Dear viewers once again with us in the Iraqi scene in this episode that we are talking about the law of oil and gas. Ensure the proposed text of the law of oil and gas several new articles raised the rancor of many experts and politicians Moscow Iraqis although as indicated by some of the fears that may be true in secret supplements that may be followed Adoption of this law. The urgency of follow some of the salient points in the law of oil and gas.
MP says KC gave thumbs down to oil & gas draft
Sun Jul 13, 2008 3:26 pm
BAGHDAD, July 13 (VOI) – An Iraqi legislator accused the Kurdistan Coalition (KC) of blocking the adoption of a draft law on oil & gas in the Iraqi Parliament, adding "this is a flagrant excess of the Iraqi Constitution."
"We believe that the KC is trying to delay the adoption of the draft law on oil & gas for the ensuing effect of rescinding the contracts concluded by the Kurdistan Regional Government with the foreign corporations, consequently causing great embarrassment for the autonomous KRG with those companies, let alone the immense financial loss," Abdul-Hadi al-Hassani, a lawmaker from the Shiite Unified Iraqi Coalition (UIC), told Aswat al-Iraq – Voices of Iraq – (VOI).
The oil & gas draft, still a bone of contention between the autonomous Kurdish and central governments particularly as far as conclusion of oil contracts was concerned, provides that the ownership of oil and gas belongs to all Iraqi people in all provinces and regions.
"If these contracts signed with foreign companies were repealed, the KRG would have issues with these companies, a matter that prompts the UIC to look forward to having politicians, including the Kurds, to broker a deal in the interest of the Iraqi economy," Hassani said.
The UIC is the largest bloc in the Iraqi Parliament with 83 out of a total 275 seats, followed by the KC with 55 seats.
"Article 39 of the oil & gas draft clearly stipulates that all oil contracts concluded prior to the adoption of the law shall be considered null and void," Hassani said.
The government of Iraqi Kurdistan region had signed 15 contracts with foreign corporations last year whereby it granted concessions to those companies plus tax exemptions, a step considered then by the central government as serious.
A political crisis popped up between the two sides. Baghdad's oil ministry then decided to deny all the companies that have signed these contracts with the KRG chances to invest in the rest of Iraqi areas.
The adoption of the oil & gas draft by the Iraqi parliament, approved by the government of Prime Minister Nouri al-Maliki and referred to parliament in July 2007, was postponed due to the opposition of many influential parliamentary and political powers.
The opposition argued that the draft law would grant unprecedented "concessions" to foreign investors in the construction of oil facilities and refineries as well as their investment for a period up to 50 years.
MP's demand oil law speed up of oil and gas law to House of Reps
Asked parliamentarians from different blocks for oil and gas committee in the House of Representatives to speed up the extradition of Parliament amended version of the draft law of oil and gas. Explaining that the draft presented to member contradiction with the constitutional texts in addition to that there are three copies submitted to Parliament to correspond with each other.
The deputy said Abbas Al-Bayati: There is a tendency to adopt the draft law of oil and gas that were raised in February last month and will be the foundation and will open to opinions and observations of the masses for their opinion on the creation of political consensus of all parliamentary blocs, adding that have been sent a copy of the Code of oil and gas to the state council The Board registration (13) points to this law, but these points rejected by some of the bloc must find a compromise that has been the law to be final and without taking observations from any bloc, pointing out that we are looking forward to initiate this law before the Constitutional holiday Because we were able to settle all contentious points, and we have no objection to the version presented at Chehrchaabat If put to the vote we will vote them.
For his part, member of the Committee of gas and oil MP Abdullah Iskandar Al-Juburi, there are three versions, including a proposed law department of the executive and a section of which it supplements and others are not, and supplements that are not adopting any copy so far there is no political consensus by the parliament blocs are , And there is a problem between the authority of the Kurdistan region and the current government on contracts and exceeded the powers, where've determined to stop all drafts to be amended after consensus from all the blocs, adding that after sending copy to the legal committee and then sent to parliament for debate and voting, saying that this Law concerns all the sons of the Iraqi people, as it defined that all companies are trying to obtain material profit and other concessions There is also a parliamentary bloc against this law and I think that if this law came formula participate in the contracts it will will not succeed.
Shows the deputy Noureddine life: that the draft law of oil and gas wrote in February 2007 and arrived copy of it to the House of Representatives unofficially, then signed a number of ministers but it has not been adopted, at the date of the third month of July last year we received a copy of the second This draft law, but without the four supplements have been challenged by the Commission on oil and gas, and X of the same month reached the third version, which supplements the four but they differ in terms of language and a certified copy No way. He added that the Commission on oil and gas have reservations about the latest version because it calls for providing Projects and laws among the four and one for study and report on a draft Law on the Ministry of Oil and bill of fiscal revenue and royalties that come from oil and the national oil bill and the bill of oil and gas as well as resolving differences between the central government and the Kurdistan Regional Government of Iraq on contracts entered into by the Government of the territory without coordinating with The Ministry of Oil and adopted by the contracts involved in production and this controversial among a large number of deputies and parliamentary blocs, pointing to the difficulty of this debate only after the four bills that have not submitted so far. Meanwhile, Abd El overlooking Nation: The law of oil and gas contains very important questions need to be a quick solution for example the issue of entry of investment companies and investment system would be a partnership based on the companies or services and development fields should be any short-term work is necessary to determine the duration of survival in Iraq and also the issue of the powers of the centre and regions and imports oil from his deputy, Abdul Hadi ABOLHASSANI: The oil and gas law is long overdue and discussed in the corridors of the House of Representatives for several times and the reason is because the current constitution is not clear in its terms to learn from the first authority owns Is the Federal Government or Governments of the Territories.
The MP Salim al-Juburi the absence of a draft special law of oil and gas could then stand to determine whether valid, adding that the parliament to shoulder any responsibility for this law, and the day when the government gives us one copy can identify points of agreement and disagreement but that it gives the government Three copies This is surprising, since all the deputies waiting for the version that will determine our positions and it was important to finish the points of the oil and gas to come back to this law
http://iraqmc.com/modules.php?name=News&file=article&sid=2032&mode=thread&order=0&thold=0
Disparate views of economists on a basket of currencies Iraqi
by Bambaboo on Fri Jul 11, 2008 2:33 am
Disparate views of economists on a "basket of currencies Iraqi"
Jul 8 2008 8:38 AM
Lighthouse / Voices of Iraq
At a time when Economists agreed on the importance of diversifying the basket of currencies of Iraq, the opinions varied on the mechanism and the time needed to be followed between waiting for the repair defect in the structure of the Iraqi economy, and the duty to take a quick decision so, another view is likely the futility of the whole matter. Manaf says goldsmith From the Institute of economic reform for the Independent News Agency (Voices of Iraq) that "a basket of currencies is the best solution to deal with the devaluation of the dollar against other currencies" explanation that it "will enable us to deal with the exchange rate of the dinar as the real value to him."
Afterthought but pointed out that "there are procedures that must be taken prior to a basket of currencies in the forefront of not adopting the economy on oil but on all economic activities so that all of one block."
The basket of currencies means that are selected group of currencies with average weights measure of value. The normally used in contracts as a way to avoid or minimize the risk of currency fluctuation. Goldsmith and finds that "Iraq must begin now translate the words of Prime Minister Nouri al-Maliki that in 2008 in reconstruction, so as to activate other economic sectors such as agriculture, industry and services"
He expressed his conviction that this would "activate these sectors to be an impact on the recruitment of gross national product of Iraq" indicating that "this can be achieved only through the support industries and agriculture in all its aspects, in addition to" support small primers. "
And that this support "will generate economic movement in the market and will give new tributaries," pointing out that "in case the interaction of all sectors .. then we disengagement dinar dollar."
Goldsmith promised "Iraq is made entirely on oil revenues and put it in the future fund or cash reserve, are not enough."
He said "we must give ourselves a chance until a year or two sectors to interact and Iraq due to an active regional and international level then say the link has been there and make a basket of currencies."
The Adviser to the Prime Minister Abdel Hussein Al-Anbuge was called to expedite that there will be a basket of currencies "on the grounds that this would flotation of the Iraqi dinar with the dollar for import case if other currencies"
He expressed his objection to talk about the dominance of the dollar on the Iraqi economy because "the dollar is not dominant in Iraq, but in all regions of the Middle East, a major task done."
He stressed that "this decision (the basket of currencies) requires time and effort, and it needs a decision by the Central Bank of Iraq because it is primarily responsible for this matter."
It is noteworthy that the last five years witnessed a continuous decline of the dollar against the various major international currencies such as euro, which is the second most important international currency after the dollar and the pound sterling and Japanese yen. And encourages the U.S. administration devaluation of the dollar in order to increase U.S. exports and reduce the trade balance deficit, which means reducing the escalating external indebtedness of the United States of America and on this basis, the phenomenon of decline in the dollar as a means intended to strengthen the competitiveness of American exports at the expense of exports of competition for foreign markets, especially European exports The Japanese and Chinese. The magnitude of the dollar trading around the world, amounting to about three trillion in the year one of the most important reasons that make any fluctuation in the rate of exchange, preferring to evaluate the rest of currencies, as reflected by any disturbance and fluctuation in the dollar exchange rate on prices of goods and services.
For his part, said economic researcher Hossam Osama out that "we should as a country that does not rely on only one coin, because the insistence and determination of the Central Bank to keep cash reserve of Iraqi thirty billion dollar only occurred in heavy losses"
Sam finds that it must "hasten also hastened the Gulf States and China, which maintains a reserve of up to about half a trillion and the diversification of the majority of their currencies"
He pointed out that Sam "The United States itself maintains currencies other than the currency comes from the factory inflation from the company General Motors in Korea and Japan."
He denied Sam told (Voices of Iraq) that "there will be no complicated procedures to diversify currencies, since anyone can now transfer any amount to any currency needed" and wondered "what prevents access to a basket of currencies of Iraq?"
He pointed out that "the rejection was coming from if monetary policy remains CBE can the House of Representatives and the government have decided that the usefulness of economic attached resolution, the process does not need to lift only one telephone stock exchanges to buy other currencies"
He concluded by saying "Whenever diversified basket of currencies of any country given more options in dealing with all economic countries."
Regarding the impact of fluctuations that occurred in the U.S. dollar exchange rate on the movement of import and export in Iraq says scientist's name Abdul Hadi, "The fluctuations that occur at the level of major currencies (dollar, euro) have a major impact on every country in the world in different proportions and this applies particularly to Iraq and that is Economic relations with the European countries dealing in euros and other states dealing in dollars. "
He told (Voices of Iraq) that "Iraq affected the global exchange rate fluctuations increased after the lifting of the siege, and his return to the international arena in view of the existing international economic relations through imports, exports and cash reserves to be maintained." Increased "in the last year of Iraq's reserves rose from 22 Billion dollars to about 30 billion dollars, and if we learned that "the euro exchange rate has risen by 10% during the same period, we will find out that Iraq's dollar reserves decreased the same percentage," adding that the scientist that this matter is "economic loss for Iraq, especially under the current circumstances and needs For every dollar to rebuild the Iraqi economy.
He added: "The trade volume between Iraq and EU countries rose to more than 40% during the last years of the total import while its exports increased to more than 20% "and added that" the size of the increase This in-interest of the Iraqi trade balance surplus that for the European Union and the deficit in relation to Iraq and if it continues, the euro exchange rate to rise and the dollar decline, the imports from EU countries of Iraq will go down in the future and turn to other destinations may be the Southeast Asian countries to compensate. "Confirmed Abdul Hadi that the best solution to compensate for these losses lies in the "diversification of reserves by Iraq, is now larger than they are to retain currently worth only four percent of the total reserves in euros," calling for "lift this ratio to 40% or more to keep abreast of developments in trends Iraqi trade "as well as the importance of" diversify investments to reduce losses occurring.
"The economic researcher Najem Aboud, referring to the" ineffectiveness of the basket of currencies of countries which is linked to its economy as a major oil export so as to link their exports in dollar. "He added, a researcher told (Voices of Iraq) that" This policy would be acceptable if the export diversification and thus enter the diversity implications. "He considered that" the problem of dependence on oil in the state budget is the main obstacle affecting the feasibility of the policy of the basket of currencies. "The reason for this" because we sell oil directly in dollars and then we Transforming it into other currencies such as euro, sterling or yen, which meant that the basket of currencies that there is only after passing on the dollar. "
The comprehensive study by the University of Qatar on inflation and the dollar linked currencies in the GCC countries, and exchange rate policy followed in those countries confirmed that the Gulf states do not need to link their currencies to the dollar break, but needs to be greater flexibility in dealing with the exchange rate. And the most prominent effects Implications of linking the economies of the Gulf States dollar study sees it is that United States policy towards its currency and economic interest to them may not be compatible with the economic situation that with the Gulf states, and the depreciation of the dollar against other currencies will exacerbate the problem of inflation, especially if topped Without currency-denominated imports dollar a large segment of the overall value of imports. Therefore put on the arena idea of a policy shift to a basket of currencies or to adhere consistently to link the local currency dollar, as it exists for the current situation in the Gulf states except Kuwait.
No agreement is expected to be signed with the current U.S. administration – Iraqi cabinet's spokesperson
by GottaDash Yesterday at 8:11 pm
BAGHDAD, July 14 (VOI) – The Iraqi cabinet's spokesperson on Monday expected that the long-term security agreement between Iraq and the U.S. would not be signed by the end of July 2008
He estimated that this issue would be postponed until a new U.S. president is sworn into the White House.
"There is a large possibility of postponing the signing of the long-term agreement between Iraq and the U.S., until a new U.S. administration is elected," Dr. Ali al-Dabbagh told Aswat al-Iraq - Voices of Iraq - (VOI).
"Both sides have not yet reached a final outline for the agreement's items," he said.
"The two countries delegations' involved in the negotiations for the agreement are still debating, yet there is no mutual agreement on the important items, such as timetabling the Multi National Forces' (MNF) withdrawal, how these forces operate in Iraq, and how operations are conducted by those forces in coordination with the Iraqi government," he added.
"Both teams aim at achieving the maximum benefits for their countries," he explained.
"The Iraqi team considers Iraq's sovereignty as a priority in the agreement's items, especially in the field of security," he clarified.
"The U.S. side in return stresses items that we may disagree with," he said.
"The Iraqi and U.S. delegations have disputed on the nature and time period required for the MNF to remain in Iraq," he added.
[size=15]"The U.S. side refers to a number of years, while the Iraqi side talks about short period and then depends on the abilities of Iraqi security forces," he noted.
"It is not important to sign the agreement on time (end of July 2008); the important things are the aims that the Iraqi government seeks to accomplish by signing this treaty with the U.S.," he asserted. [/size]
Nuri al-Maliki has promised to allocate the amount of one million dinars for each family displaced
by Kiny0625 on Sat Jul 12, 2008 9:24 am
Iraqi Economic News
by KCANBS Today at 4:10 am
Example al-Umma Party secretary-general of Iraq
(Voice of Iraq) - 12-07-2008
Example al-Umma Party secretary-general of Iraq:
BAGHDAD - Iraqi Information Nation Party
The deputy secretary-general example of al-Ummah Party that the State of the Iraqi Prime Minister Nuri al-Maliki has promised to allocate the amount of one million dinars for each family displaced and
added that this promise came during a visit by Deputy al-Premier of the
State late last week and confirmed the Prime Minister said that
security agencies would ensure the return of Wishing to protect their
homes and after return.
At the same al-MP revealed that the
Minister of Displacement and Migration had been blessed in a telephone
talk with the bold step of the return of displaced families from the
district justice and Hittin and green and red, and the university to
their homes and remove illegal occupants of their homes, and added the
Minister of Immigration and displaced people to turn that the ministry
will be handed each of the leaves The role of illegal occupants of the
rental grant for six months at (300) thousand dinars per month for the
purpose of arranging outside their houses in order for immigrants, some
of whom Estbdl Mazlumian others unjustly.
He thanked the
deputy al-wise steps undertaken by government agencies at the same time
stressing that the Iraqi Nation Party, which works with everyone for
the return of the displaced in turn supports the work to shoulder its
responsibilities in not to abandon both come voluntarily from the house
in which operated illegally from areas Justice and the university
district, Hittin and green and red and declares its readiness to assume
full file to ensure their return to their areas, which also abandoned
them.
The Secretary General of the Iraqi Nation Party to a
huge demonstration of motor vehicles will be launched across Baghdad
today to emphasize the need for the return of the displaced to their
areas, including displaced by sectarian and will participate in the
demonstration, the huge collection of large families displaced and
invited supporters of the party members and citizens stressing that he
would be at the forefront of the demonstrators involved in Campaign
return.
It is worth mentioning that hundreds of displaced
families in the neighborhood of Justice and the University has
demonstrated a month ago led by deputy al demonstrators have decided to
define a date for their return ends on 15 / 7 / 2008 day next Tuesday.
Iraqi Nation Party
The Information Office
12/8/2008
Iraq says petrodollars hold key to peace
By Jacques Charmelot AFP - Monday, July 14 03:42 pmBAGHDAD (AFP) - Finance Minister Bayan Jabr Solagh said on Monday that Iraq's booming oil wealth holds the key to peace and urged foreign investors to take part in huge projects planned by his war-ravaged country.
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With state revenues quadrupled since the US-led invasion of 2003 and amid soaring world oil prices, "from my point of view, money is key to peace, it is the main key," Solagh said in an interview with AFP.
Iraq's oil revenues for 2008 are set to jump to more than 75 billion dollars, earmarked for running expenditure and development projects.
"It is the first year since 2003 that we have access to that kind of money," said the upbeat finance minister who boasted a vision for Iraq with a more prosperous and secure future.
The army of jobless needing money to feed their families has created a pool of recruits for Al-Qaeda insurgents or the ex-Baathists of toppled dictator Saddam Hussein, he cautioned.
But the government's aim was to "bring peace to Iraq" by creating jobs and rebuilding the country, said the minister in the Shiite-led government.
No official figures have been issued for unemployment in Iraq, a country of 26 million people, but it is estimated to affect half or more of the potential working population.
Solagh, who spoke in English, said the government has decided to set up a strategic fund, apart from the state's general budget and an additional finance law, to fund priority projects.
He invited "the French, the Europeans, the Americans to share in this project directly or indirectly through joint ventures" to build refineries, roads, railways, 15 ultra-modern hospitals and ports, and to purchase aircraft.
The 2008 state budget of 48.3 billion dollars has already been achieved in the first six months of the year, the minister said.
A supplementary budget of 21 billion dollars was set aside at the start of July to finance operations in the oil, electricity, security, public services and housing sectors.
Baghdad also plans to set aside five to 10 billion dollars for strategic projects.
Oil accounts for 93 percent of Iraq's revenues, with the 2008 budget calculated on the basis of a conservative estimate of 57 dollars a barrel for crude, in sharp contrast to last week's peak of more than 140 dollars.
"We have a lot of money outside the budget ... We have more money, but it is a secret," said Solagh, adding that the 2009 budget was expected to range between 80 and 90 billion dollars.
"We have a strategic plan for the next three years. Iraq has a vision" for its future, he stressed. "The ministry of planning has focused on investments and we are focusing on executing the budget."
The minister said Baghdad was committed to fighting corruption and to transparency. But "it is not easy and it will take time. I am not telling you that we will do it tomorrow," Solagh acknowledged.
"We have to go around the world and choose the most efficient process for public tenders," he said. "We are studying all the processes in the world and we will choose the best one."
The government has used its new wealth to shower its 18 provinces with allocations of between 100 and 150 million dollars for emergency programmes.
The funds are being poured in to meet urgent needs of local populations after security operations against insurgents, and aim "to show that after the security, there is something new," said the finance minister.
The Executive Board discussed the latest developments in the Iraqi arena
Office of Dr. Adel Abdamahdi
. The Executive Council met all its members, the era of today, Monday, 14-7-2008, at the residence of President Talabani in Baghdad to discuss the affairs hub in the country and access to a shared vision about the pressing issues in the Iraqi arena.
. During the meeting, and discuss the latest developments of the ongoing negotiations between Iraq and the United States of America on a strategic Convention between the two countries, and the positions of leaders united to this issue. و في تصريح صحفيالبرلمان". In a press statement of the President Office of the Presidency of the Republic Naseer Ani in this regard, he said: "There are three important papers examined at the meeting and there is an invitation for the meeting of the political council of national security next Wednesday for the purpose of discussing and what these papers contained by representatives of political blocs and other constituencies in order to be ready for presentation Parliament ".
المرشحين،الخارجية. As was discussed to provide the names of ministers, and ministers and ambassadors agents of candidates to the parliament for endorsement on them in light of the positive atmosphere witnessed by the political arena in the country and opening up drive in Iraq's foreign relations.
وتشهدها البلاد في المجال الأمني. And the leaders also discussed during the meeting, Iraq's economic policies and ways to develop the Iraqi economy in light of positive developments taking place in the country in the security sphere.
. And attended the meeting President Jalal Talabani and his two deputies, Dr. Adel Abdel Mahdi and Professor Tariq Hashimi and Prime Minister Nouri al-Maliki and Prof. Dr. Rose Noori Shaways representative of the Chairman of the Kurdistan region.
The high number of private banks in Iraq
2008-07-15 16:31 2008-07-15 16:31
The number of private banks in Iraq to 32 banks after Also in 2002 their number not exceeding 12 banks increased their capital to the اکثر trillion dinars after Also in 2002 not to exceed 80 billion dinars.
The FamilyMartyrs Associate Director-General of banking and credit control in the Iraqi Central البنک epics Idi Walid Abdel-Nabi said in a statement that the number of Islamic banks has risen from one bank in 2003 to seven banks in 2007.
The epics Abdel Nabi, the number المشارکات in banking Iraqi capital has risen to seven مشارکات by banks and financial institutions, Jordanian, Lebanese and Gulf, British, Iranian, had reached the minimum مشارکات 23.2% in Mansour Bank for Investment and 73% in the Islamic Bank of regional cooperation.
The epics Abdel Nabi, the number of branches has risen from 350 branches in 2003 to 620 branches in 2007 to become الکثافه bank limits one bank لکل (40) thousand people and is the ratio of good practice in monetary and financial.
. The epics Abdel Nabi that these developments achieved in the banking sector were the result of the Iraqi Special his البنک Markazi of scientific thought and effort Also a pioneer in providing legal and procedural environment to attract capital from Arab and foreign countries for the establishment of foreign banks or branches or مکاتب representation in parts Iraq.
; Central to the capital of Iraqi banks through the issuance of the special law for 56 Gravy in 2004, and the Banking Act No. 94 of in 2004.
He stressed epics Abdel Nabi المشارکات that this helped to improve the performance of Iraqi banks concerned, and including the issuance of credit cards, and use ATMs at work, and preparation of budgets according to international accounting standards and carry out investment, and opening of documentary credits and issuing Letters of guarantee, and the conduct of foreign transfers for various purposes.
And between the Central البنک prepared a draft law to ensure Samin deposits as well as the establishment Samin loan guarantee along with his now reconsidering the law of the banks towards the re-drafted according to a national vision of Iraqi banks and granting greater investment opportunities and credit.
Central banks of a fund investments ; independent مکون a capital investment of units in various denominations, and managed by the investment manager has obtained the approval of two of the Bank of the Islamic country to establish such a fund.
The FamilyMartyrs Abdel Nabi that البنک Central adopted CAMEL global system for assessing the performance of Iraqi banks, and Iraq is the third Arab country that have applied this system for the purpose of improving the performance of banks and urged them to abide by laws and regulations and create competition and provide advanced services.
2007 He pointed out that the united efforts of Central and the Ministry of Finance has been allocated percentages of the total appropriations for the departments of State, which amounts اکثر of two million dollars and a total of 500 million dollars and entrusted implementation of the Trade Bank of Iraq, according to Hamas and the desire of the Service or Welcome IOA, and Has reached a number of these banks after 16 banks to provide special Welcome or department IOA assessment according to the bank system adopted by the Central Bank in 2007
A More Confident Iraq Becomes a Tougher Negotiating Partner for the U.S.
By STEVEN LEE MYERS
Published: July 10, 2008
WASHINGTON — The Bush administration’s quest for a deal with Iraq that would formally authorize an unlimited American troop presence there well beyond President Bush’s tenure appears to be unraveling. The irony is that it may be a victim of the administration’s successes in the war.
Prime Minister Nuri Kamal al-Maliki of Iraq and his senior aides are now openly demanding a timetable for the withdrawal of American troops, at least on paper. That is partly a nod to Iraqi political realities, since Iraqi politicians must call for the end of American occupation. No one in Iraq realistically expects to throw out the Americans anytime soon — and few in Iraq believe that it would be safe to do so immediately.
But Mr. Maliki’s once enfeebled government, emboldened by several recent military successes, is eager to assert its sovereignty.
The Iraqi demands have put Mr. Bush in a politically awkward spot.
The president has explicitly opposed any binding timetables — either from the Iraqis or from the war’s critics here at home — but he also pledged less than a month ago to abide by the will of Iraq’s leaders.
“You know, of course, we’re there at their invitation,” Mr. Bush said in Paris during his recent European tour. “This is a sovereign nation.”
This new Iraqi confidence is easy to overstate, and many of the statements simply prove that Iraq’s democracy has matured to the point that elected leaders there must pander to important constituencies, even if they quietly acknowledge the need for American military support for the foreseeable future.
Still, even senior American commanders now say that Iraq is taking on more responsibility for security after years of halting and uncertain progress. Lt. Gen. James M. Dubik, who until recently oversaw the training of Iraqi forces, told Congress on Wednesday that Iraq’s ground forces could be fully functional as soon as the middle of next year.
That, along with Iraqi military successes in Basra, Sadr City in Baghdad and Mosul, has made Mr. Maliki’s government seem far less vulnerable than it once did.
As a result, officials and analysts say, Iraq is far less willing than it once might have been to accept every American demand in negotiations now under way to establish the legal status of foreign troops in Iraq after the end of this year.
Iraq’s negotiators have already rebuffed the administration’s initial demand that all American contractors in Iraq, including the security guards of companies like Blackwater, receive blanket immunity from prosecution, one administration official familiar with the talks said.
On Monday, Mr. Maliki also suggested that Iraq might prefer a less sweeping, shorter-term agreement than the long-term one he and Mr. Bush signed off on last November, when his government was nowhere near as stable or assertive as it is today.
The failure to reach a robust agreement would be a rebuke to Mr. Bush in his waning months in office just as his strategy to send thousands of extra troops to Iraq beginning last year — the “surge,” as it became known — is bearing fruit. That could force the administration to compromise even more.
While the administration almost certainly will not accept a rigid, written timetable for withdrawal, one American official said on Wednesday that the White House might have to accept some language in any agreement that reflected Iraqi desires for an end of the American military presence.
Another American official in Baghdad said an accord could even include a statement like Senator John McCain’s campaign proposal envisioning an end of the war in 2013, without setting a meaningful timetable. Iraq’s national security adviser, Mowaffak al-Rubaie, on Wednesday clarified his remarks about a timetable for ending combat operations and withdrawing foreign troops to say that Iraq was seeking “planning time horizons.”
The White House sought to play down the significance of the differences.
“I know people are looking at this as a sign of a split between the United States and Iraq,” a spokesman, Tony Fratto, said Wednesday. “I think these are signs of encouraging developments in Iraq. They want to and are becoming much more adept at providing their own security.”
Beneath the public statements of officials on both sides lies a more complicated reality, involving difficult diplomatic and legal questions.
Published: July 10, 2008
(Page 2 of 2)
Once the current United Nations mandate for the American-led military operation in Iraq expires at the end of the year, for example, something has to replace it. That is largely why administration officials remain confident that they will ultimately be able to reach an agreement, though the shape of it appears increasingly uncertain.
So, too, does the deadline. The White House initially hoped to reach an agreement by the end of July. Some officials in Washington now acknowledge that an accord is increasingly likely to slip to later in the year.
At a minimum, the White House has lost control of the stagecraft of the pending agreement — if not yet a deal itself — as the question of the future American role in Iraq becomes a fixture of election campaigns in both countries.
Democrats in Congress have intensified their objections to the negotiations because they would prefer to see a President Obama complete them. Mr. Maliki’s government has to sell any agreement to a fractured and restive alliance of political parties with varying degrees of patience for any American military presence.
“Even the technical and mundane becomes a potential political issue,” the administration official familiar with the talks said.
The official noted that the discussions involved everything from the broadest question of authorizing combat operations to the minutia of whether American soldiers will need to have Iraqi driver’s licenses.
All of the main Iraqi parties, the officials and analysts said, share the goal of at least minimizing the American footprint, reflecting Iraq’s desire to be sovereign and free. Although much remains uncertain, and the improvements potentially fragile, the drop in violence in Iraq — to the lowest levels since February 2004, according to the latest report by the American command in Baghdad — has made it possible to consider Iraq free and sovereign sooner than most anyone expected.
“In one sense,” said Michael E. O’Hanlon of the Brookings Institution in Washington, “the best thing will be the United States getting booted out of Iraq once the Iraqis can provide their own security.”
Article 140 of the Iraqi Constitution is related to the normalization of the situation in Kirkuk city and other disputed areas.
UN official in Arbil, meets Kurdish parliament's speaker
Arbil - Voices of Iraq
Thursday , 10 /07 /2008 Time 6:58:54
ARBIL, July 10 (VOI) - The Special Representative of the United Nations Secretary General for Iraq Staffan de Mistura arrived in Arbil on Thursday to discuss the disputed districts issue and his recommendations within this context, a source from Kurdistan's Parliament said.
"De Mistura met with Adnan al-Mufti, speaker of the Kurdish Parliament, and will hold a press conference later," the source, who preferred to remain anonymous, told Aswat al-Iraq - Voices of Iraq - (VOI).
In early June, de Mistura presented a number of recommendations on four disputed districts to the Iraqi government. The UN official recommended that Akra and Makhmour districts be administered by the Kurds, and al-Hamdaniya and Mandali districts by the central government.
Article 140 of the Iraqi Constitution is related to the normalization of the situation in Kirkuk city and other disputed areas.
Kurds seek to include the city in the autonomous Iraq's Kurdistan region, while Sunni Muslims, Turkmen, and Shiites oppose the incorporation. The article currently stipulates that all Arabs in Kirkuk be returned to their original locations in southern and central Iraqi areas, and formerly displaced residents returned to Kirkuk, 250 km northeast of Baghdad. The article also calls to conduct a census to be followed by a referendum to let the inhabitants decide whether they would like Kirkuk to be annexed to the autonomous Iraqi Kurdistan region or having it as an independent province.
These stages were supposed to end on December 31, 2007, a deadline that was later extended to six months to end in July 2008.
Mohammed Ihsan, the Iraqi Kurdistan Region's minister for disputed areas' affairs, said last month "De Mistura's suggestion is unfair, and was amended without first informing us."
"The proposal which suggests annexing Qaraj district (14 km north of Makhmour suburb) to Mosul instead of Arbil is unjust," he added.
Makhmour, 68 km southwest of Arbil, is one of the districts administratively disputed by Arbil, 349 km northeast of Baghdad, and Ninewa, 405 km northeast of the Iraqi capital.
Iraqi gov't approves 2008 supplementary budget-statement
Baghdad - Voices of Iraq
Thursday , 10 /07 /2008 Time 2:19:04
BAGHDAD, July 8 (VOI) - The Iraqi government spokesman on Tuesday said the Council of Ministers approved a supplementary budget of 21 billion Iraqi Dinars (ID) for the calender year 2008.
"The Council of Ministers endorsed the transference and amendments of Iraqi ministries and offices, bringing the total for the 2008 budget to 70 billion ID, the highest in Iraq's history," Ali al-Dabagh, spokesman for the Iraqi government, said in statement received by Aswat al-Iraq - Voices of Iraq - (VOI).
Earlier, the spokesman noted "the Finance Ministry had tabled the 21 billion supplementary budget for 2008."
The announcement pointed out "7.4 billion was allocated as investment budget, while 13.6 was appropriated as an operational budget for the Iraqi government ministries and provinces." .
"The supplementary budget will be debated at the economic committee of the Council of Ministers to incorporate any necessary amendments and adequate transference in cooperation with the concerned ministries," he added.
The spokesman highlighted "the final version of the budget would be presented to the Council of Ministers for a special voting session before its referral to the Parliament for debate and endorsement."
Al-Dabagh attributed "the rise of the total Iraqi budget to extra revenues from oil exports in the global markets."
He expected "the rise would make positive changes in Iraq's economy and services."
Oil experts put Iraq's oil reserves at 115 billion barrels—10 percent of the world's total—and it is estimated as the third oil-richest in the world after Saudi Arabia and Iran. The most important resources are in the Majnoon and West Qurna fields, close to Basra in the south of the country, which contain nearly a quarter of Iraq's proven reserves.
AM/SR
Lower demand for the dollar on Thursday
Baghdad - Voices of Iraq
Thursday , 10 /07 /2008 Time 2:19:04
BAGHDAD, July 10 (VOI) - Demand for the dollar was down in the Iraqi Central Bank's auction on Thursday, reaching $157.245 million compared to $161.375 million on Wednesday.
"The demand hit $61.955 million in cash and $95.290 million in foreign transfers outside the country, all covered by the bank at an exchange rate of 1,194 Iraqi dinars per dollar," according to the central bank's daily bulletin, which was received by Aswat al-Iraq - Voices of Iraq - (VOI).
None of the 19 banks that participated in the auction offered to sell dollars.
The Iraqi Central Bank runs a daily auction from Sunday to Thursday.
U.S. embassy’s report about Iraq between reality and exaggeration
Baghdad - Voices of Iraq
Thursday , 10 /07 /2008 Time 4:04:58
BAGHDAD, July 5 (VOI) - Iraqi politicians from differing political blocs and movements have varied perceptions regarding the U.S. report about progress in Iraq.
Their views vary between “realistic, or close to that,” “positive, due to improcvements in the security circumstances,” or “exaggerated and coming as political propaganda.”
Sheikh Jalal al-Deen al-Sagheer, a senior member of the Unified Iraq Coalition (UIC), told Aswat al-Iraq – Voices of Iraq – (VOI), “The periodical report prepared by the U.S. embassy in Baghdad is a realistic scene of what occurs in Iraq.”
“Anyone monitoring Iraq over the last three years will find big progress taking place, despite the problems that the country has been experiencing,” he said.
“But Iraqis are not interested in international evaluations, compared with the evaluations made by the Iraqis themselves,” he added.
“If the evaluation comes from external sides that does not deal tolerantly with the Iraqi government, then that represents a progress in the Iraqi issue by itself,” he noted.
The Shiite bloc from the UIC is the biggest parliamentary entity with 83 seats out of 275.
On Wednesday, The Washington Post U.S. daily reported that the U.S. embassy in Baghdad issued a report, evaluating progress in Iraq.
The Post mentioned that the report indicated 15 out of the 18 conditions designated by Congress were accomplished in Iraq, in the fields of politics, security, and economy.
Legislature Foad Maasom of the Kurdistan Alliance agrees with Sheikh al-Sagheer that there is “a tangible progress” in the security and political levels Iraq.
“Restoring the Iraqi Accordance Front in the cabinet proves the political success,” he told VOI.
“Within the economic level, we are expecting to approve the complementary budget that will exceed 20 billion U.S. dollar within the coming days, and this will have positive effects on both political and security situations,” he said.
“We recognize how state-owned institutions work to develop services in the country, in addition to many projects that hopefully will be executed soon,” he added.
From his side, Lawmaker Methal al-Alousi, head of Iraqi Umma Party, perceives the evaluation as “close to reality.”
“Arab countries’ intention to open their embassies in Baghdad, and the visits of high ranking regional officials to Iraq prove my point,” he told VOI.
Al-Alousi referred to some of the successes, such as “omitting loans that were given to Iraq under the former regime, increasing oil production, security stability, and the Iraqi forces’ military successes in imposing law at a number of Iraqi cities and provinces.”
Iraqi Umma party holds one parliamentary seat.
But Osama al-Nujaifi, a lawmaker from the Iraqi national list, described the U.S. report as “for electoral purposes.”
He marked the situation in Iraq as “difficult.”
“Talking about progress in Iraq is an electoral propaganda of the U.S. Republican Party to convince the U.S. public that situation in Iraq has reached high levels of stability and success,” he told VOI.
“The security situation is brittle, displaced people have not returned home, and the economic circumstances are very difficult,” he said.
“The Americans think that ‘simple security achievements’ would fulfill their project in Iraq,” he noted.
The Iraqi national slate (secular entity) has 19 parliamentary seats.
Lawmaker Harith al-Obaidi of the Iraqi Accordance Front (IAF) echoes al-Nujaifi’s tone.
He considers the report “exaggerated,” estimating that it comes due to electoral purposes.
“The political situation did not reach the desired level, as many political forces have not yet joined the cabinet, and others withdrew from it,” he told VOI.
“Concerning the security situation, there are successes, but they have to reach high levels of satisfaction in this regard,” he said.
“The economic side requires a lot of effort and work,” he added.
“Behind this report, there are electoral purposes to support the Republican Party’s presidential nominee,” he asserted.
The IAF (Sunni entity) holds 44 parliamentary seats.
MH/SR
BAGHDAD: 2009 budget focuses on investment and services
Having focused over the last four years on security
She said the Iraqi government that the state public budget in 2009 to focus on the economy, investment and services after that focused during the last four years on security confirming that it took into account the reasonable expectations of the price of crude oil and petroleum products exporter, taxes and fees also included proposals on financial resources and government spending, both operational and investment.
He said government spokesman Ali Al-Iraqi Skinner in a press statement to "Ilaf" The cabinet today discussed the strategy for the general budget in 2009 and prepared by the Finance Ministry in coordination with other concerned ministries in order to start preparing next year's budget in its final on time. He explained that the Commission has prepared the budget includes representatives of the Ministries of Planning and Development Cooperation, oil, trade, agriculture, water resources, industry and minerals, and Construction and Housing, Education, in addition to the Central Bank of Iraq in order to develop a strategy for preparing the federal budget, according to a scientific concept of modern, reflecting the content Financial policies adopted in Iraq, where the strategy took into account the reasonable expectations of the price of crude oil and petroleum products exporter, taxes and fees, also included proposals on financial resources and government spending sense (operational and investment).
. He pointed out that the proposed strategy relies on multiple factors including the economic challenges facing Iraq and the international obligations which it must meet the new principles of economic policy of decentralization and granting a greater role for local officials and the gradual withdrawal of government from direct management of economic institutions and focus instead on providing infrastructure to The growth of the economy and provide conditions for the advancement of the private sector and the rationalization of government support and policy support conversion to support totalitarian wave in addition to building the operational capacities of ministries and government institutions.
Skinner said that next year's budget aims to focus on the economy, investment and services that focus was in previous phases focused on security suggests the strategic interest in the oil sector, human development and rebuilding of basic infrastructure (transport, health, water, electricity, education and housing) and the shortest period of time, where would invest in These sectors to create jobs and events in the evolution of human development and enhance the investment environment for the private sector.
. He added that the strategy focused on the development factor, linking growth rates, where the state is aware that any process of economic growth will not be credible unless the human factor of human development present at all joints where economic development is to achieve high rates of economic growth necessary condition for lifting the rate of income Individual but did not indicate the value of the proposed budget next year.
At the same Skinner announced that the cabinet had ratified the supplementary budget in 2008 and the total amount of 21 billion dollars. He explained that the budget was ratified after the transfers and adjustments between the ministries and Iraqi institutions where the total amount of the budget in 2008 to nearly 70 billion dollars, the highest budget in the history of Iraq.
Skinner was announced last Wednesday that the Ministry of Finance submitted to the Cabinet to draft a supplementary budget in 2008 amount to 21 billion dollars.
Skinner explained that the budget for Iraq in 2008 and approved by the House reached over 48 billion dollars, an increase of 18% over the 2007 budget and with the addition of this supplementary budget, the total budget for the current year had reached about 70 billion dollars. ووصف . He described the increase as an important breakthrough in the history of the budgets of the Iraqi state and was the result of the rise of Iraq's resources from oil exports and that will effect positive changes in concrete economic movement and services in the country.
Inflation in the Gulf: the dire clear and disagreement about the reasons
The CNN
Thursday, 26 June 2008 Thursday, 26 June 2008
Continue messing around causes massive inflation in the Gulf region and its implications, especially as he started causing erosion of local levels of growth, has increased disagreement on the real phenomenon, which he repeated some of the currencies of the region linked to the dollar Staggerer, while others insisted that they related to domestic factors, in the forefront Real estate prices and food.
Has not forgotten the role of experts from the minds of the enormous financial flows that feed the Gulf states due to high oil prices increase in indicators of inflation, but they dismissed the injury situation of the region's economy "inflationary recession" because of reduced growth and continued high prices.
" He said Marius Marathiftis, research director of the Middle East to Standard Chartered in an interview with CNN: "with increasing indications weakness of the U.S. economy and the increasing pressure on the dollar shows the impact on the region with the devaluation of local currencies and this problem directly linked to rising inflation."
. By contrast, the IMF vision for file demonstrator reasons for the high real estate prices and housing and food, during the intervention by Mohsin Khan, regional director of the IMF last May in Dubai to offer the Fund's vision to the situation in the region has emerged a clear focus on these factors.
" Khan said: "There is the impact of food prices, according to the index basket, which prepared, we saw that prices were rising normally, but starting in 2007, there was a price jump because of high demand and supply stability."
." Khan also pointed to the role of liquidity due to high oil revenues in the high inflation, saying: "If oil prices reached 200 dollars per barrel or even $ 150 during this year, this will prompt a lot of money to the Gulf producing states, and if this happened it would yearn to see the levels of inflation which People complain about them now. "
". He dismissed expert international situation improves in the Gulf unless it addresses the real estate side, saying: "pending plans to move about real estate prices and rental values Inflation will remain at record levels."
". But the surprise came dismissing any impact of currencies in the region linked to the dollar on inflation through its emphasis on studies conducted by the Fund: "revealed the presence of influence, but not big and can not be compared to the impact of housing prices and food."
The local experts on what is stated in touching Khan, for reasons of inflation, said Ahmed Shawl, Chairman of the Finance Bank in Dubai in an interview with CNN site in Arabic that studies conducted locally also show real responsibility for a minimum of 60 per cent of the total indicator of inflation.
Asked about the potential exposure of the region's economy to a case of "inflationary recession" by the continued rise in prices with the stagnation or decline of growth impact of global conditions Chal view that scenario possible in theory, but practically ruled out, given the continuing financial flows to the region.
". The views of some of Khan had summoned an official response from the UAE, especially in terms of his warning that the imposition of VAT will be inflation at nearly 2 per cent, Dubai Customs hastened to issue a statement, which denied that the health and said that the tax "will enhance the national economy," and that Applied in the UAE in particular, and in the Gulf region in general, "will have an effective impact in raising the standard of living."
;". He said Abdul Rahman Al Saleh, Executive Director of the institutional support of Dubai Customs that the transfer of the International Monetary Fund that the application of VAT in the UAE and the Gulf states at this time will increase the inflation rate to reach 2 per cent, is "Building On speculation. "
By contrast, the company issued a "proud religion" before the real economic report, which she said that fuels "contribute one third levels of inflation," and that with the spread of loans increased 12.5 billion dirhams within a year.
" Akbar said Fakhreddin, the chairman of the company that three points core inflation rose to its highest level since 1990, when 12 per was "unprecedented rise in the prices of real estate and rental housing units, in addition to some banks raising the ceiling for consumer loans About 25 times the average salary terms will contribute to pump more liquidity into the market the highest level of inflation. "
". He added: "We also believe that the escalation of prices of fuels - not at the Emirates but at the international level - contributing to 36 per cent of inflation in the economy Emirati result of direct impact on production processes in the energy sector, transport and construction."
He called Fakhreddin, which his company is one of the largest real estate development companies in the country to control the escalation of rents through the development of more housing projects, Msttrda market will prove that with the introduction of new units within 3 to 5 years.
The loans, Fakhreddin expectations that the central bank has identified the roof, after increased in one year almost 12.5 billion, including easing the flow of liquidity in the market, while fuel sector should be supported to contribute to the development process by reducing production costs, especially that the state owns Like all other ingredients support the Gulf states.
Haideri: Adoption of the election law the end of July this might make the organization a difficult time
By ES By ES
Published 7.7.2008, 21:22 Published 7.7.2008, 21:22
Uzmatik / Baghdad
The Chairman of the Independent Electoral Commission in Iraq, Faraj Al-Haideri, that "Adoption Act provincial council elections at the end of the month of July present, will organize the elections on schedule difficult to some extent."
He added Haideri, in an interview with "Uzmatik", "The passing of the bill in late July or early August of next month, although it would put UNHCR in a short period of time to organize the elections did not exceed sixty days, but the UNHCR to make every effort to organize in time" .
He pointed out that "there must establish law fifteenth of the month of July present, so that UNHCR can work to complete the preparations in helping to organize the elections on schedule and without delay."
Haideri confirmed that "there are difficulties facing the work of UNHCR and lead to the obstruction of their work in organizing the elections, which is not to give UNHCR budget in full, which led to the delay in implementing some of the work necessary prelude to the holding of elections."
On the other hand, the President announced the Independent Electoral Commission in Iraq, on the arrival of three planes to airports in Baghdad, Basra and Arbil in the last few days, carrying supplies necessary to conduct such elections, ballot boxes, registers voters, and election forms. "
It is noteworthy that the differences between the political blocs are still on the list of district councils election law, which hindered more than once the electoral law introduced by the Iraqi government sent to Parliament for discussion and approval may lead to the postponement of elections to several more months.
Deputy expected to get surprises at the meeting next Tuesday in the absence of agreement on electoral law
By WK By WK
Published 8.7.2008, 00:44 Published 8.7.2008, 00:44
;According to a member of the legal committee in the House of Representatives MP Khalid Sichuan to the Presidency of the Parliament decided to postpone the vote on the law of provincial council elections due to differences over some paragraphs, to next Tuesday, and expected that surprises in the absence of political blocs to reach a solution before this date.
He said Sichuan deputy Kurdistan Alliance in an interview with "Uzmatik" on Monday, that "the postponement decision came after the outbreak of a disagreement over some paragraphs of the law, and the lack of consensus among the political blocs holistic about the law, which led to obstruct the vote".
The Sichuan that "the current differences are the paragraphs on religious symbols and the existing open and closed and the share of women's representation in provincial assemblies and minority representation on boards in addition to the issue of Kirkuk," asserting that "in case of failure to remove these differences before next Tuesday, failed to vote on the law, The first elections in October this year, will not take place. "
. He stressed member of the Legal Committee that "the meeting will vote next unexpected surprises, if no agreement is reached between the political blocs outside the parliament, before next Tuesday," without clarifying the nature of these surprises, unlikely at the same time, "obtain political deals between Some political blocs to vote against the law. "
. Chua stressed the "necessity of holding elections on schedule," pointing out that "before the maturity schedule if we can not vote on the law quickly, it will not be able to complete the preparations with the Electoral Commission to create an overdraft in the election."
The head of the Independent Electoral Commission in Iraq, Faraj Al-Haideri, in an interview with "Uzmatik" stressed the need for Adoption Law fifteenth of the month of July present, so that UNHCR can work to complete the preparations in helping to organize the elections on schedule and without delay "Warning that otherwise" will be the task of organizing the elections on schedule rather difficult. "
. He said a member of the Legal Committee that "the Commission Territories copy of the extradition law, amendments and the outstanding issues to the presidency of parliament, before the fifteenth of July next", recalling the importance that "the wording of the law in conformity with the Constitution, does not contravene its laws democracy in Iraq" as he put it .
It is noteworthy that one of the departments responsible in the House of Representatives, asked to remain anonymous, said in an interview with "Uzmatik" on Monday, "The political blocs agreed to give a time limit, among them, until next Tuesday to resolve all problems," stressing that " No choice but to vote blocs of political compromise version of the law, in any event in any way ", according to him.
ONCO---.0030 NICE
ONCO---.0030 NICE
ONCO---take a look--news and volume now
ONCO gettin jiggy
Kurds and Turkomen meet in Kurdistan Parliament on Kirkuk
Debate electronic newspaper
--------------------------------------------------------------------------------
The Deputy Speaker of Parliament Kamal Karagoki in the regional meeting of parliamentarians Kurds and Turkoman independent personalities in the governorate of Kirkuk, university professors and clergy to bridge binational and work toward unifying positions on the normalization of conservation and source described in the parliament of Kurdistan, told (ICAO) reported that the meeting "was positive where Debate in an atmosphere of cordiality and frankness which the parties exchanged views on prospects for the relationship of Kurdish and Turkmen ways to solve the problem of Kirkuk brotherly understanding. " ; The parties agreed to the meeting "serious work to overcome obstacles to the process of normalizing the situation in Kirkuk and break the deadlock in the relationship between the sons of binational, and it was agreed to continue such meetings to get the results serve the political process and peaceful coexistence between the components to maintain Kirkuk", according to the source
It is noteworthy that this is the first time sponsored by the Kurdistan parliament binational meeting between Kurdish and Turkmen in Kirkuk province in light of the ongoing Kurdish leaders before any dialogue with the Turkmen Front, which put itself legitimate representative of the Turkmen nation in Iraq
The implementation of article 140 of Iraqi constitution regarding the normalization of the situation in Kirkuk source of disagreement between the political forces in the country.; The Kurds refuse to adopt consensus solutions to the problem of Kirkuk and insist on the implementation of article full normalization
AKYI the news is good stock bullish...no brainer
AKYI---NEWS GOOD >>>>
4 minutes ago - Primenewswire
Related Companies
Symbol Last %Chg
AKYI 0.022 0.00%
As of 3:19 PM ET 7/8/08
AccessKey IP, Inc. (Pink Sheets:AKYI), CEO George Stevens and its wholly owned subsidiary TeknoCreations' President Bruce Palmer issued a memo to shareholders today. The memo reads as follows:
Dear Shareholders:
"I'd like to take this opportunity to thank our shareholders for believing in your new management that has transformed the company from one with an uncertain future to a company with a viable and focused path to success," commented Stevens. "As you can see, we're starting to improve shareholder value in the company.
To summarize some of the steps we've taken which I believe have contributed to yesterday's performance:
* The $1.5 million joint development agreement engaging AKYI to
provide specialized IPTV related development services for CSI
Digital and its customers
* The rescinding of the TeknoCreations spin-off initiative
maintaining its status as a wholly owned subsidiary
* Beginning the process of becoming a fully reporting company with
the intention of moving to the OTC Bulletin Board
* Engaging both a consulting firm and an SEC legal firm to assist in
the Bulletin Board migration
Palmer, TeknoCreations President, added, "Our first shipment of InCharge has arrived and is clearing customs. We expect release of the product within days, which will then be shipped through our logistics partner to our distributors and then retailers and etailers across North America. We will advise shareholders at which stores you will be able to purchase our company products. The response to our patent pending inductive charging solution has been exceptional and we expect to announce additional purchase orders in the near future."
Stevens further commented, "As we move forward with these major partnerships and financial initiatives and the reporting of revenues from our products with the margins we expect to achieve, we have a solid PE ratio potential and consequently shareholder value."
About AccessKey IP, Inc.
AccessKey IP is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms.
The AccessKey IP logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4945
AccessKey products(tm), powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(tm) and portable flash drive-sized AccessKey PC(tm) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or Internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of consumer electronics and business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: AccessKey IP
AccessKey IP, Inc.
Bruce Palmer
310-734-4254, ext. 105.
www.accesskeyip.com
www.teknocreations.com
AKYI parabolic and a bullish trend...hmmm
AKYI parabolic and a bullish trend...hmmm
POSC---NEWS--Positron Corporation Acquires Exclusive License to Coronary Disease Reversal and Prevention Practice Management Program from the University of Texas
Tuesday 07/01/2008 9:50 AM ET - Businesswire
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POSC 0.082 -2.38%
As of 10:06 AM ET 7/1/08
Positron Corporation (OTC: POSC) (the "Company") announced today that it has acquired an exclusive license to a coronary disease reversal and prevention practice management program created by K. Lance Gould, M.D. and the University of Texas Health Science Center at Houston.
"We are grateful to the University of Texas Health Science Center at Houston and Dr. Gould for selecting Positron Corporation as the exclusive licensee of their heart disease management product", stated Joe Oliverio, President of Positron. Oliverio also stated, "the market is void of such a product and will position Positron to be able to offer a total cardiac solution to customers reaching well beyond the sale to physicians."
"The Weatherhead P.E.T. Center of the University of Texas Health Science Center at Houston is unique for having the most advanced myocardial perfusion imaging in the world using positron emission tomography (P.E.T.) integrated with intense lifestyle and pharmacologic treatment proven to reduce invasive procedures and coronary events compared to conventional cardiovascular practices", stated K. Lance Gould, M.D., holder of the Martin Bucksbaum Distinguished University Chair, professor of Cardiovascular Medicine and executive director of the Weatherhead P.E.T. Center for Preventing and Reversing Atherosclerosis, University of Texas Medical School at Houston.
Dr. Gould went on to also state, "This first program for the optimal one-stop combination of diagnostic assessment, vigorous pharmacologic and lifestyle management is PET technology driven but incorporates the humanity and knowledge of the best preventive and clinical medicine. It identifies the earliest stages of coronary disease and before symptoms develop. It also determines when invasive procedures are unnecessary or needed for the most advanced complex coronary heart disease."
"Positron Corporation has recognized the power of this approach for improving cardiovascular care. The University of Texas Health Science Center at Houston- Positron agreement highlights the commitment of the University and Positron for translating the highest quality cardiovascular medicine and research of a renowned academic center into widespread application of community practice."
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Positron Corporation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied including the success of the Company's research and development efforts, the availability of adequate financing and other uncertainties described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission.
For any additional information contact Positron's President, Joe Oliverio at (281) 492-7100
SOURCE: Positron Corporation
Positron Corporation
Joe Oliverio, (281) 492-7100
POSC ----NEWS !!! Positron Corporation Acquires Exclusive License to Coronary Disease Reversal and Prevention Practice Management Program from the University of Texas
Tuesday 07/01/2008 9:50 AM ET - Businesswire
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POSC 0.082 -2.38%
As of 10:06 AM ET 7/1/08
Positron Corporation (OTC: POSC) (the "Company") announced today that it has acquired an exclusive license to a coronary disease reversal and prevention practice management program created by K. Lance Gould, M.D. and the University of Texas Health Science Center at Houston.
"We are grateful to the University of Texas Health Science Center at Houston and Dr. Gould for selecting Positron Corporation as the exclusive licensee of their heart disease management product", stated Joe Oliverio, President of Positron. Oliverio also stated, "the market is void of such a product and will position Positron to be able to offer a total cardiac solution to customers reaching well beyond the sale to physicians."
"The Weatherhead P.E.T. Center of the University of Texas Health Science Center at Houston is unique for having the most advanced myocardial perfusion imaging in the world using positron emission tomography (P.E.T.) integrated with intense lifestyle and pharmacologic treatment proven to reduce invasive procedures and coronary events compared to conventional cardiovascular practices", stated K. Lance Gould, M.D., holder of the Martin Bucksbaum Distinguished University Chair, professor of Cardiovascular Medicine and executive director of the Weatherhead P.E.T. Center for Preventing and Reversing Atherosclerosis, University of Texas Medical School at Houston.
Dr. Gould went on to also state, "This first program for the optimal one-stop combination of diagnostic assessment, vigorous pharmacologic and lifestyle management is PET technology driven but incorporates the humanity and knowledge of the best preventive and clinical medicine. It identifies the earliest stages of coronary disease and before symptoms develop. It also determines when invasive procedures are unnecessary or needed for the most advanced complex coronary heart disease."
"Positron Corporation has recognized the power of this approach for improving cardiovascular care. The University of Texas Health Science Center at Houston- Positron agreement highlights the commitment of the University and Positron for translating the highest quality cardiovascular medicine and research of a renowned academic center into widespread application of community practice."
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Positron Corporation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied including the success of the Company's research and development efforts, the availability of adequate financing and other uncertainties described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission.
For any additional information contact Positron's President, Joe Oliverio at (281) 492-7100
SOURCE: Positron Corporation
Positron Corporation
Joe Oliverio, (281) 492-7100
yeah, thats the one thx
Good read---also, if you go back and read the agenda for Iraq from 2003 ( I don't have the link ) you can see that they are still right on track as far as what needs to be accomplished before we will see any big revalue. It is just the timeline that we don't have a clue about but I think we will see some serious cha-ching at some point...jmho
Payment amount will be distributed emergency temporary
why the rush ?? hmmmm
No press statement: k f 080629
29/6/2008 Date: 29/6/2008
Statement by the Ministry of Defense:
An official source at the Ministry of Defense - the Directorate General of combatants will be distributed as a payment of contingency time (fifth century) for months (Maes / June 2008) to employees of the former army of military and civilian personnel and war-disabled Mwinyi (except in designated government departments, permanent or The holding of those placed in retirement and the deceased) as of Wednesday 2/7/2008 According to the agenda set out in benefits comes in the branches of the Rafidain Bank and Rasheed allocated for this purpose the process of distribution throughout the country bearing in mind the instructions contained in this declaration and the declarations made in earlier instalments will be distributed as scheduled Next:
T. payment category (four months) dinars days of receipt of receipt dates
; 1500000 2/7/2008 1500000 Wednesday, a group 2/7/2008
888000 B Brigade 888000
690000 ; 2/7/2008 Dean c 690000 Wednesday 2/7/2008
534000 ; 3/7/2008 534000 d colonel Thursday 3/7/2008
; 412000 ; 3/7/2008 E 412000 submitted Thursday 3/7/2008
;د 240000 ; 6/7/2008 And a leading 240000 Sunday 6/7/2008
; 240000 ; 7/7/2008 G captain 240000 Monday 7/7/2008
8/7/2008 Lieutenant h + lieutenant 240000 Tuesday 8/7/2008
; 150000 9/7/2008 I 150000 civil servants on Wednesday 9/7/2008
; 150000 الخميس 10/7/2008 J Mwinyi disabled 150000 Thursday 10/7/2008
Military volunteers and families of prisoners and missing in the recent war, according to the sequence of characters; 13/7/2008 A, b 250000 Sunday 13/7/2008
250000 15/7/2008 V, w, c 250000 Tuesday 15/7/2008
; 250000 16/7/2008 H, G, d 250000 Wednesday 16/7/2008
250000 ; 17/7/2008 Y, t, g, o, u 250000 Thursday 17/7/2008
blah blah blah
ص،ض،ط،ظ 250000 الأحد 20/7/2008 Al, z, i, AA 250000 Sunday 20/7/2008
ع،غ،ف،ل 250000 الاثنين 21/7/2008 G, N, P, told 250000 Monday 21/7/2008
الثلاثاء 22/7/2008 Tuesday 22/7/2008
ق،ك، م ، ن 250000 الأربعاء 23/7/2008 S, k, m, n 250000 Wednesday 23/7/2008
الخميس 24/7/2008 Thursday 24/7/2008
هـ ،و ،ي 250000 الاحد 27/7/2008 E, f, j 250000 Sunday 27/7/2008
موسوعة النهرين في 13:15 25 جماد ثاني 1429 (29 يونيو 2008) · التعليقات: 0 · قراءات: 238 · Guinness Mesopotamia in the second 13:15 25 JUMADA 1429 (June 29 2008) comments: 0 readings: 238
Article 140…between reality and constitution
Baghdad - Voices of Iraq
Monday , 30 /06 /2008 Time 12:08:41
Baghdad, Jun 30, (VOI) – While still under debate among political forces, an extension of the deadline for the implementation of Article 140 of the Iraqi constitution will expire in July 2008, with many raising questions about the constitutional and legal aspects of its implementation.
The deputy chairman of the Constitutional Amendments Committee in the Iraqi parliament, Fouad Masoum, says that the parliament is not authorized to extend the implementation of constitutional articles.
Speaking to Aswat al-Iraq- Voices of Iraq- (VOI), Masoum, who is also a member of the Kurdistan Coalition (KC), (55 seats), said that the controversy over disputed areas is still going strong on the political scene. "Only the Constitutional Amendments Committee is authorized to extend the deadline for the implementation of the article," Masoum added.
"The Special Representative of the United Nations Secretary General for Iraq Staffan de Mistura can intervene to find solutions that are acceptable to all parties in the dispute," he explained.
In early June, de Mistura presented a number of recommendations on four disputed districts to the Iraqi government. The UN official recommended that Akra and Makhmour districts be administered by the Kurds, and al-Hamdaniya and Mandali districts by the central government.
Most Iraqi political forces expressed their categorical rejection of de Mistura's recommendations.
The UN official is expected to submit his recommendations of the second stage of disputed areas, including Tal Afar, Sinjar, Shikhan and Khaneqeen. The third stage will be devoted to the oil-rich city of Kirkuk.
Article 140 of the Iraqi constitution is related to the normalization of the situation in Kirkuk city and other disputed areas.
Kurds seek to include the city in the autonomous Iraq's Kurdistan region, while Sunni Muslims, Turkmen and Shiites oppose the incorporation. The article currently stipulates that all Arabs in Kirkuk be returned to their original locations in southern and central Iraqi areas, and formerly displaced residents returned to Kirkuk, 250 km northeast of Baghdad. The article also calls for conducting a census to be followed by a referendum to let the inhabitants decide whether they would like Kirkuk to be annexed to the autonomous Iraqi Kurdistan region or having it as an independent province.
These stages were supposed to end on December 31, 2007, a deadline that was later extended to six months to end in July 2008.
Last month, the Kurdistan Regional Government (KRG) warned in statements by its official spokesman, Jamal Abdullah, of the repercussions of not implementing Article 140. The spokesman indicated that any decision on the controversial article should first be referred to the regional government and political blocs, noting that the passing of time is not a great healer in this regard.
Raed Fahmi, an official from the committee, told VOI that the legal status will be determined by the Iraqi cabinet. "Our committee is affiliated with the cabinet and the decision is in the hands of the prime minister," Fahmi noted.
When asked about the developments in the committee's work, Fahmi said: "We are currently working on the normalization process and we have made much progress in this regard. We also pay compensation to the displaced and returnees…."
SS
Sanjivan: seven blocks parliamentary agreement to unify their positions towards the basic laws raised in Parliament
Published 28.6.2008, 22:10 Published 28.6.2008, 22:10
Uzmatik / Baghdad
. MP from the Iraqi List Osama Sanjivan agreement on the seven political blocs in the Iraqi parliament to unify their positions towards the basic laws raised in Parliament.
And Sanjivan explained in an interview with "Uzmatik" The masses are the seven "existing Iraqi and Arab Front for National Dialogue and the Sadrist bloc and the Virtue Party and the tide of national reform and the Council of National Dialogue and the National Democratic Rally, headed by deputy Taha Accord Front flames."
Sanjivan He added that "this agreement, which includes more than 100 Iraqi Deputy would have a unified position of the Law on oil, gas and district councils election law and Security Agreement to be signed between Iraq and the United States of America, a way that guarantees the interests of Iraq's Supreme."
And Sanjivan stressed that "the coming days will witness the announcement of the seven parties formally, the program, which will operate during the next phase, to modify the course of the political process" which he considered "counter-productive in restoring stability and security to Iraq" as he put it.
Another revealed by deputy Iraqi List, "The announcement of the new political configuration Rome of former Prime Minister Iyad Allawi's Iraqi Front will be in the coming weeks, because he needs some time to choose its own rules of procedure and sound preparation for the first constitutional him", noting that Iraqi List "I will not interfere in the upcoming provincial council elections on behalf of the Iraqi front, but will work on forming alliances with several powers, which he described democracy to enter these elections."
2009. And Sanjivan pointed out that the formation of new political organization aimed at early preparation for the forthcoming parliamentary elections which are scheduled to end organized in 2009.
J The President of the Iraqi National List, Iyad Allawi announced his intention to hold the movement towards political parties inside and outside Parliament, to activate the previously announced regarding his desire to forming a front with various Iraqi forces he described as "does not believe how or nationalist route to reach the top of government in the country" .
Prime Minister of Iraqi Kurdistan says it will not cancel oil contract
رويترز Reuters
Saturday, 28 June 2008 Saturday, 28 June 2008
" . Barzani refused bared Prime Minister of Iraqi Kurdistan on Saturday invitations from the central government of Iraq to cancel the disputed oil contracts with foreign companies, describing the proposed phasing such as "dreamers."
. Having returned to the area Barzani's Kurdistan autonomous after several days of talks with Baghdad were aimed in part to resolve the dispute over the oil bill. It seems that those talks did not yield anything but reciprocal promises to continue talks on the draft law Struggler.
. The Iraqi Cabinet approved a draft law of oil in February but was not approved by the parliament because of disagreements between the Iraqi and Kristin Baghdad on who controls the reserves and contracts.
Among the differences and agreements signed by the Kurdistan region with foreign energy companies on their own initiative. . Baghdad and described those agreements as illegal and will not recognize them.
." He said Barzani told reporters in the city of Arbil, "It is legitimate contracts and the approval of the constitution and meet international standards. No power in Baghdad could cancel these contracts. It is calling for cancellation of dreamers."
Attorney Mazhar Hakim accuses neighboring countries of blocking the vote on the law of oil and gas
: 212 Sightings: 212
. Accused member of the legal committee in the House of Representatives Iraqi (Mazhar Hakim) neighboring countries to block vote on the law of oil and gas by the Iraqi parliament.
) in a strongly-worded statement that "neighboring countries arguing inside Iraq trying to obstruct the implementation of the law on oil and gas production target to keep Iraq without competitive productivity levels with those countries that - not people -, indicating that these countries have long benefited from the interruption of oil production Iraqi and drop to low levels over the previous decades. "
" He told him that the site N "Makant neighboring countries have to increase in the volume of oil production at the expense of Iraq and its economy is removed to increase the pain Division of poverty and deprivation for non-fulfilment of economic reality"
" And invited the independent MP (Mazhar Hakim) to offer immediate oil and gas law on the people's representatives to discuss it with clarity and seriousness and thus keep people on its chapters and provisions for selecting the best of it and renounce all Maidhar Iraq and the economy "
" He called (Hakim) in his statement to attend the oil and economy experts to participate in the debates this important segment, calling the House to host such experts to attend the discussion sessions to put all topics of discussion in all forms and clarity to draw a clear unequivocal information or obscure "
. He stressed that "the presence of such experts reassure opposition to the law they believe that" the government approving the law of oil and gas wealth Party of Iraq which is the king of the entire Iraqi people, "saying that" the law of oil and gas will be contracted service contracts instead of participation and capacity in this deal With the oil companies will make Iraq and its economy and its people play again. "
خاص /موقع نون Special / N site
EXTO NICE NICE---
EXTO NICE
EXTO cheap here...group still on it...good add imo
EXTO cheap here...group still on it...good add imo