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Will China save America from a financial crisis? Alexander Friedman Capital flows from China to the United States " Chaamerica "was the cause of the birth defects Terrible global economy Are sell China its stockpile of U.S. debt? Capital flows from China to the United States a century economy atheist twenty so far by capital flows from China to the United States, a pattern that curb global interest rates, and helped to re-inflate the bubble leverage (deficit spending) in the developed world, and through its impact on the currency market has fueled the rise of China phenomenal speed. But these were not ordinary capital flows, driven instead of direct investment or investment in securities, they come primarily from the People's Bank of China, who collected $ 3.5 trillion in foreign exchange reserves, mostly in the form of U.S. Treasury bonds. It was pointed out that one institution has all this power and influence on the attitudes of the global macroeconomic provoked a great deal of concern, as expected pessimists that doubts about the sustainability of the U.S. debt will force China to sell its holdings of U.S. debt, and this would be paid interest rates to rise in the United States, may give the ultimate collapse of the dollar signal. But the sale of U.S. Treasury bonds is not in China's interest, because this would raise the exchange rate of the renminbi against the dollar, leading to the devaluation of China's reserves internally and undermine the competitiveness of the export sector. In fact, a report issued by the U.S. Department of Defense in the past year about the consequences of the massive amounts of U.S. debt to China concludes that "attempt to use the United States Treasury bonds as a conquering will not have only a limited impact is likely to be more damaging to China. To describe the symbiotic relationship between GDP growth based on export in China and excessive consumption in the United States, coined historians Niall Ferguson and economists Moritz Cholarak the The term "Chaamerica". " Chaamerica "cause of distortions horrific global economy and the fact that evoke the object fabulously from Greek mythology object wild fire-breathing and looks like lion, goat and dragon makes the term is more convenient, because "Chaamerica" ​​was the cause of the birth defects appalling in the global economy and can not be corrected without consequences consequences. In 2009, These distortions Ferguson pushed and Cholarak to predict the collapse Chaamerca - a prophecy that seems to be realized. Having begun the long-term effects on economic dynamism in China's Inner reflected Finally, it becomes a sale of foreign exchange reserves now in the interest of China. Over the past decade, the massive amounts of capital that was pumped into the arteries of the banking system in China has prompted commercial banks and other financial institutions to extend credit to a large extent, especially through a system of shadow banking, which led to a credit bubble enormous and severe overinvestment. In order to facilitate the management of the resulting increase in risk, rejects China's new leaders now provide more liquidity, and are working to reduce loans to non-profitable sectors. But these efforts may lead to ignite the financial crisis, and this needs China launched a massive program to recapitalize the banking system. In such a scenario, may amount of non-performing loans in the banking system in China about a trillion dollars approx. And summarized the most obvious way to recapitalize the banks in China to pump renminbi-denominated government debt to the banking sector. But the total public debt in China, including tools for financing local governments outside the budget, has around 70% of GDP already. Despite the debate about the details, the bottom line reached by Kenneth Rggeoff and Carmen Reinhart - that the high ratio of debt to GDP would hamper economic growth - remains acceptable widely, so it is unlikely to hurt raise the debt ratio to 100% in favor of China in the long term. Even if China's leaders decided that they have freedom of action to pursue this strategy, they will not do so probably, because of the risk of inflation, which probably tends more than any other economic variable to feed social unrest. Do you sell China its stockpile of U.S. debt? Hence, China, in the event of the outbreak of the crisis, will likely be forced to start selling huge inventory of its U.S. debt. Fortunately for China that the negative consequences that may result from this step will be less burdensome than previous predictions. There is no doubt that the infusion of U.S. Treasury bonds to the arteries of the banking sector, and transferred later to the renminbi, will lead to increase the strength of the Chinese currency. But the rise will likely be offset in capital flows to the outside, while enabling savers thanks to the ease capital controls to escape from the financial crisis. Moreover, even if it becomes the renminbi more robust in the near term, China will no longer rely equally Previous to maintain the competitiveness of exports, as was the case one day, because exports now, except for collection and reprocessing, contribute less than 5% of the GDP in China. Against this background, should the Federal Reserve Bank of the United States, rather than focusing on "cut-out" for its monthly purchases of long-term securities (quantitative easing), to prepare himself for a possible sale of U.S. debt. Because refinance the banking system in China funded by the U.S. Federal Reserve would negate the impact of monetary policy on the inside, and push borrowing costs to rise and hampers the growth of GDP, should the Federal Reserve must be ready for further quantitative easing in the event of the outbreak of the financial crisis in China. After spending years in an attempt to isolate the U.S. economy from the effects of the banking crisis, has forced the Federal Reserve to eventually bail out banks in China as well. This would be a fundamental re-definition of the relations between the United States and China and also restores balance to it as you please. _________________________ Global CEO of the investment to the UPS Foundation for wealth management. http://www.aljazeera.net/ebusiness/pages/7727d24a-726e-4e8d-87bc-0f3a7c0f7546#1

Central impose officially durable even eight in the evening on civil banking companies ..And companies: security risk BAGHDAD / obelisk: circulated CBI instructed his new companies banking civil approved in Iraq to be times "official work" her from eight in the morning until two o'clock pm and the fourth afternoon until eight in the evening, which he found many of the the owners of these companies are a major security risk and lack of economic feasibility, especially that most of the local wholesale markets in Baghdad and closing at four o'clock in the extreme conditions. In his book released in 20 this August for the General Directorate to monitor the banking and credit / Department field inspection number 9/2/226 to all banking companies approved the text "Based on the work requirements decide Kiemkm follows: be worktime official from eight in the morning until the second noon, and at four in the afternoon until eight o'clock in the evening at a minimum and binding. " He added, "Please provide the Directorate / Department of exchange companies and money transfer contract rent certified by the Department of notary and stamped the seal of thermal and graduation certificates of origin and certified for each of the managing director and his assistant, and in addition to the appointment of Deputy Managing Director in the absence of his appointment or in the absence of consent of the bank on his appointment Previously, to take the necessary work which .. ". Business owners, for their part have expressed surprise at first from a formula book that deals with the language of civil servants and secondly, "the official working hours," identified by their authors, as seen by a number of the owners of these companies stay until eight o'clock as a "security risk" they are not able to bear the consequences especially that most of the markets in which there are more of these companies begin closure in the afternoon and in the best conditions in the afternoon, as well as the lack of economic feasibility invite them to stay in these markets "closed" until eight in the evening. One of the owners of banking companies said, "for" obelisk "that the book addresses the companies eligibility formula government officials and imposing on them a call," the official working hours, "adding that" the wholesale markets such as Shorja, beautiful and market complex Almhn which markets you are dealing with banking companies shut pm How can we stay in the markets are closed without protection. " He asked the Director Commissioner of one of the companies "if we left the subject of the security risk aside, what are the economic feasibility of staying in the markets closed already," adding that "all the services stop in closed markets such as voltage, where the owners of generators civil shut with the closure of the market which is four o'clock in the the best conditions. " The Director of the Commissioner else, "Lu said that the official working time, although a formal reservation on the word, from eight o'clock until four o'clock it was a bit of logical." He continued, saying that "every company know the market conditions in which it is located is known shopping times and also know when to stop the movement of this market." Business owners called for the central bank to issue instructions "clear and consistent for the exercise of their work and not changing instructions from time to time, and many of which are difficult to achieve." Someone pointed out that the bank required the original graduation certificates and certified for each of the managing director and his assistant, adding that "this does not argue nor oppose it, but that the Bank requires that these certificates contain the grades, it is surprising." He continued, saying, "If we assume that the bank imposes get a minimum of prep certificates in order to serve the best what degrees of relationship managing director and his assistant in the sixth preparatory materials their work in a banking company." http://translate.google.com/translate?depth=1&ei=u9RmUfGyNYa7igLa-4G4Dw&hl=en&prev=/search%3Fq%3Dnahrain.com%26hl%3Den%26biw%3D1280%26bih%3D891&rurl=translate.google.com&sl=ar&u=http://www.almasalah.com/index.php/2012-06-25-12-38-33/11199-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A-%25D9%258A%25D9%2586%25D9%2581%25D9%258A-%25D9%2586%25D9%258A%25D8%25AA%25D9%2587-%25D8%25A8%25D8%25AD%25D8%25B0%25D9%2581-%25D8%25AB%25D9%2584%25D8%25A7%25D8%25AB%25D8%25A9-%25D8%25A7%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1-%25D9%2585%25D9%2586-%25D8%25A7%25D9%2584%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9.html

Vice "rule of law" confirms receipt of the big names and interior defense in the case of prisoners escapeMP for the rule of law Ali Jabr Hasson: Parliament did not discuss hosting and Foreign Minister Hoshyar Zebari BAGHDAD / obelisk: MP said the coalition of state law on reparation Hassoun, Sunday, said that the Parliamentary Committee on the issue on the investigation into the escape of prisoners from the "Abu Ghraib" demanded more time because of the receipt of the big names defense and internal investigation, stressing that the constituency system multiple is best by adopting the upcoming parliamentary elections. He said Hassoun's "obelisk", "The Commission on Security and Defense parliamentary started investigating in the case of escape of prisoners from the prison," Abu Ghraib, "says it needs more time because the file is large and synaptic There are important figures and large at the Ministry of Defense, Interior and named in the investigation Therefore, the Committee believes that the time is inadequate and demanded more time to make sure the investigation. " On the other hand, confirmed Hassoun that "there are three views on the Law of the upcoming parliamentary elections go some to adopt the way they were in previous elections and this view apostasy Federal Court, on the grounds that the law, which a lot of injustice, and the second opinion is that Iraq is a single electoral constituency any closed-list system, this law Kurds alone Idaon the doing. " "The third view is the best variants of the former is said to be Iraq's 18 constituencies, namely that each province circle and the candidate takes votes from each constituency according to the seats allocated to the provinces, with a simple modification of the law expected to be conducted by the House of Representatives next Monday," explaining that "the system (St. LEGO) is one of the ways is not correct because the injustice of the large menus which will compete with the parliamentary elections And on the host and foreign minister in the Iraqi parliament, said Hassoun that "the House of Representatives did not discuss yet apply to the Presidency about hosting and Foreign Minister Hoshyar Zebari," noting that "the Council in the event of a decision that will direct invitation to Zebari to come to the Council because we believe not mind it. " http://translate.google.com/translate?depth=1&ei=u9RmUfGyNYa7igLa-4G4Dw&hl=en&prev=/search%3Fq%3Dnahrain.com%26hl%3Den%26biw%3D1280%26bih%3D891&rurl=translate.google.com&sl=ar&u=http://www.almasalah.com/index.php/2012-06-25-12-38-33/11199-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A-%25D9%258A%25D9%2586%25D9%2581%25D9%258A-%25D9%2586%25D9%258A%25D8%25AA%25D9%2587-%25D8%25A8%25D8%25AD%25D8%25B0%25D9%2581-%25D8%25AB%25D9%2584%25D8%25A7%25D8%25AB%25D8%25A9-%25D8%25A7%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1-%25D9%2585%25D9%2586-%25D8%25A7%25D9%2584%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9.html

Implementation of the Law on the Protection of Iraqi products contribute to raising the family income 08/25/2013 12:00 AM BAGHDAD - Farah pumice Committee considered the economic, investment and reconstruction parliamentary The Law on the Protection products Iraqi him returns positive per capita income of Iraq and therefore the community, thereby contributing to the recovery of the Iraqi economy. Committee member Rep. Nahida Daini said »Sabah»: The «This law has implications large positive, as it will restore confidence to the peasants of Iraq, and the owners of factories and plants, it also provides good competition for the product of Iraq, and will contribute to improving the level of individual Iraqi What would double his income and thereby recover the Iraqi economy, adding that this law will encourage the Iraqi traders to invest their money in the establishment of factories for products that prohibits Location imported from abroad, so it will be cost-effective and economically adequately. noted that this law proceeded in line with the new changes that have taken place on the Iraqi economy and opening markets to international trade and the purpose of building a national industry and to avoid damage to the practices of policies dumping products or increases unjustified imports or imported products backed by countries exporting to the country, leading to the loss of the conditions of fair competition for the purpose of taking appropriate measures to protect Iraqi products and local producers. also considered Daini that neighboring countries working to block approval of the law, for the continuity of access products to Iraq, and its failure to perform hurt in the interest of a lot of traders, as much as the volume of trade between Iran and Turkey, with the central government away from the Kurdistan region of more than 10 billion U.S. dollars last year, criticizing the lack of parliamentary oversight and control by the competent authorities in this regard. said a member of the committee that country in need for the implementation of this law, because the product Iraqi subjected to destruction and so for several reasons, including the lack of law that protects the product of Iraq and the lack of support for the owners of the products, as well as open the Iraqi market to entry of imported products shoddy which have effect in the destruction of the local product, is likely to pass the law during the next term, especially that it (the law) agreed upon by all the political blocs, but it is confirmed that the problem lies in the implementation mechanism. indicated that the Article (2) of the Law on the Protection Iraqi products designed to achieve the protection of Iraqi products from the implications for practice harmful in international trade with Iraq and address the damage resulting therefrom, and to provide an environment for the construction of a national industry able to compete in local and international markets. law seeks to achieve its objectives through several accordance with Article (3), including, coordination between ministries and relevant agencies and their counterparts in other countries and international organizations regarding the consultation and gather the necessary information and investigation about the conduct of communications and actions Almqtadhah to apply the provisions of this law, as well as make recommendations proposed to address the damage caused by harmful practices for local producers to the Council of Ministers, and spread awareness about cases of dumping, support and unjustified increase in imports and ways of prevention of them, with the advise and train local producers regarding the legal rights and obligations and actions to be taken in the case of the supply of products to the country and to export their products abroad. http://www.alsabaah.iq/ArticleShow.aspx?ID=52659

The adoption of the single window in the registration of companies serving the economy 08/25/2013 12:00 AM Baghdad - Mostafa Hashemi stressed academic economic d. Essam المحاويلي that the adoption of the introduction of the single window after its launch in the registration of foreign companies and the national Department of Registrar of Companies in the Ministry of Commerce would have reduced rings routine and accelerates the introduction of foreign investment. , the Ministry of Commerce organized last week's conference The first project administrative reform which was attended by Adnan Tahir Said, director of the Department of Registration of Companies Agency and Hashim Mohammed Hatem Director of the Department of Foreign Economic Relations and head of the U.S. Agency for International Development and the Egyptian ambassador in Iraq and the number of characters that deal aspect of trade and economic, which has been through the launch of the introduction of the single window in the Registration of foreign companies and national collaboration with the U.S. Agency for International Development to work the draft thread for solutions and legislative and administrative reforms firing single window to record companies. added المحاويلي told (morning) that the launch of the introduction of the single window in this area will investigate the feasibility of it as the process of registering foreign companies specifically used to take several months because of frequent episodes routine and the intersection of some laws with some of what was causing the suffering of the process of registration of companies per month in the Ministry of Commerce. , and pointed out that direct this step would rise by the work of the Department of Registrar of Companies because he Sechtzel time and provides the voltage on each of the owner the company and the staff of the department and therefore When facilitate the process of registration of foreign companies in Iraq, it would reflect positively on the reality of investment in the country and in order to achieve economic development and reconstruction, the real. noted academic economic that the draft single window had created solutions to facilitate the work of the Department of Registration of companies including the development of the first site of the trade name in Iraq on the Internet, which allows citizens through access to the Website from anywhere and see brand name he wants. continued as the opening of a branch of the Rasheed Bank in the Baghdad International Fair, easy on the owner of the company launch and Diath to be directly linked to the department through bank branch, in addition to the opening of a branch of the Federation of Chambers of Commerce, at the headquarters of the Department of Registration of companies. across المحاويلي expressed hope that the process of registration of companies after the launch of the project in a period not exceeding one week and shorten the recording time as well as improving services to citizens would be reflected positively on the investment side and administrative . http://www.alsabaah.iq/ArticleShow.aspx?ID=52658

Tomorrow .. Adoption of the law of service and military retirement 08/25/2013 12:00 AM Parliament to vote on the candidates of the Civil Service Council BAGHDAD - morning vote in the House of Representatives on Monday, the candidates of the Federal service and the law of the first amendment to the law of service and military retirement. parliamentary source confirmed for »Center Brief for the Iraqi Media Network», that «the House of Representatives will begin Monday the second reading of the proposed law Service University No. 23 of 2008, and the law on ratification of the Convention on Cultural Cooperation between the Government of the Republic of Iraq and the Government of the Republic of Ukraine and the proposed law reverse the decisions of the Revolutionary Command Council dissolved numbered 1021 to 1983, 197 in 1994, 145 in 2001 ». The source pointed out that« the House of Representatives will also read Second draft law amending the Code of Criminal Procedure No. 23 of 1971, and the draft law of the First Amendment Protection Act Iraqi products No. 11 of 2010, and the draft law Eighth Amendment to the Law on the Ministry of Higher Education and Scientific Research, No. 40 for the year 1988 ». will also be discussed balancing the House of Representatives for the fiscal year 2014 in Monday's session, in addition to the first reading of the draft law on accession of the Republic of Iraq to the Hague Convention on the Civil Aspects of International Child Abduction and the bill IAEC, and the first reading of the draft law into force Iraqi law on private security companies and the law of private security companies. http://www.alsabaah.iq/ArticleShow.aspx?ID=52683

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Views : 53 The House of Representatives to discuss the election law on MondaySunday, August 25 / August 2013 12:42 | | | {Baghdad: Euphrates News}Liberal bloc in Parliament confirmed that the House will continue to discuss the electoral law in a session on Monday and listen to the opinion of the political blocs on the observations on this law. The MP said the Liberal bloc Hussein Sharifi said in a statement to his press office received by the agency {Euphrates News} copy of it on Monday that "discussions are still ongoing between the blocks on the Law of the upcoming parliamentary elections," adding that "his bloc supports the open-list system and constituencies multiple." And different powers and blocs on the system and the mechanism of the election in the upcoming legislative elections, where preferably each system, which was used in the provincial elections non-performing province in 2013, a {St Lego}, while insisting others to change this system, demanding blocks the application of closed-list system and تخالفها other and moving towards open , to be the speech chapter on the subject of good religious authority which has expressed its opposition and its categorical rejection of the closed-list system. The mass of the citizen representative, has confirmed earlier support for the list of open and constituencies multi-election in the House of Representatives next, where between MP Abdul Hussein Abtan that "the bloc confirms its support existing open-circuit multi However system {St Lego} that being it simple modification , noting that it supports the proposal not to run dual nationality for the elections, adding that dual nationality paving the way for many to escape to the officials outside country after Achtlashm of the state funds. Sharifi demanded that "there will be new instructions on your vote for the military to prevent manipulation as has happened in the last election," he said, calling the parliamentary legal committee to "taking the recommendations that come out of the Parliament about the new law." It is scheduled to testify April of next year legislative elections to choose a new parliament and new parliamentarians represent the people and the masses and mass bases. The MP for the mass of citizens, Mohammed Allkash, has stressed the need for parliamentary elections, which are scheduled to take place at the beginning of next year, 2014, the timing nor specified. Ended http://www.alforatnews.com/index.php?option=com_content&view=article&id=48624:2013-08-24-14-41-37&catid=36:2013-03-27-10-35-00&Itemid=53

Maliki and Zebari and the issue of al-Issawi 24-08-2013 | (Voice of Iraq) - Add a comment - Political sources revealed that Prime Minister Nuri al-Maliki's response during a meeting of the Council Minister Ali ماطرحه and Foreign Minister Hoshyar Zebari just return from a visit to United American Mahdh. The sources said that "Zebari told al-Maliki that Washington had asked for a solution Multi Finance Minister Rafie al-Issawi But Maliki anger flared during the meeting and said ... that the subject judicial and not political, and increased Maliki tone sharp that he does not mind even if he had to postpone his upcoming visit to Washington, said It is possible to postpone the moment. " The sources added that "Subject took about 20 minutes before that يغادره Maliki and Zebari to discuss the topics on the agenda of the meeting." Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D113383&usg=ALkJrhhEZQugKlxfl0cNYUauv_jgZ3t7pw#ixzz2cx101YEz

Article 140 Committee: عوضنا 150 thousand families and the lack of money expand our work another ten years 25-08-2013 | (Voice of Iraq) - Add a comment - Baghdad / Iyad al-Tamimi Revealed to the Parliamentary Commission on Article 140 for the central and southern governorates accounted for two-thirds of the allocations in 2013, it continued to 150 billion dinars were allocated did not get the province of Kirkuk, but only 50 billion dinars. And demanded the government to allocate a fixed door in next year's budget in order to end the work to rule stipulated by the Constitution. In the meantime, said another committee on the same subject matter is the senior government to Article 140, the phase compensation, provided for by the Constitution, compensated for during the past years, about 150 thousand families, expressing astonishment of the expansion work of the Committee of the disputed areas to the provinces, "does not dispute them . " While the Committee has criticized the lack of government funds allocated to the Commission's work, she said, and this case, the need for ten years to end the first phase and the transition from compensation to normalization. It is noteworthy that the Article 140 Committee was formed in 2006 to oversee the normalization of the situation in Kirkuk and other disputed territories and pay compensation to the evacuees and expatriates. Headed by Transport Minister Hadi al-Ameri of the Supreme Committee for Article 140, replacing former technology minister Raed Fahmi. Article 140 of the Iraqi constitution that holds the executive power stages (normalization, census, and concludes with a referendum in Kirkuk and other disputed territories to determine the will of their citizens). In this regard, says MP Mohsen al-Sadoun, chairman of the Commission on Article 140 parliamentary, "The implementation of Article 140 need the efforts of parliamentary and governmental organizations in order to terminate the time required," noting that "the parliamentary committee monitors continuously the Ministerial Committee and follow up accomplish transactions in particular, and it did not confined to one province and there is more of an office in the provincial general. " He said Saadoun, told the "term" yesterday, said that "the State Commission was able to distribute 170 billion from the budget of 2013 on all those affected in Article 140 offices in the 8 deployed in the provinces," stressing that "the parliamentary committee will ask the government to provide the door of a fixed exchange rate of Budget 2014 to resolve the entire file of Article 140, "pointing out that" the budget that was allocated in the budget of 2013 saw a deficit of 150 billion dinars. " The chairman of the Kurdistan Alliance bloc in the House of Representatives that "five offices in the South got 100 billion dinars, while the allocation of 50 billion dinars for the Office of the province of Kirkuk, and 10 billion dinars for the Office of Khanaqin, 10 billion dinars for the Office of Nineveh." Sadoun said that "the Commission is still working in the first phase, a phase compensation and that the next phase will be normalization," stressing the "link between the end of Article 140 file administrative law of the demarcation of the border of the provinces in turn associated with a set harmonic laws." He guessed that the "demarcation of the laws that will be voted on during the coming period, he is not a requirement, but there are Kurdish provinces and regions supports the adoption of this law." In turn, said improve كهية, member of the Supreme Committee of Article 140, that "Article 140 is a supplier of a political dispute between the blocks and resolved not be as easy as expected by the other and there are those who believe that this article and put the demographic change." The كهية, in a statement to the "long" yesterday that "the Supreme Committee has worked since its inception until now to end the first phase of compensation for deportees and delegates," and while denied the existence of pressure on the citizens of the disputed areas, stressed that "all those who wish to return to his province The offering treatment through the offices of the Commission in the whole of Iraq. " Explains a member of the Supreme Committee for Article 140 which is chaired by the Minister of Transport Hadi al-Ameri, saying that "everything that comes allocated a $ 20 million, as has been allocating $ 10 million for the deportees," pointing to "compensate 150 thousand families during the period of the Commission's work in the whole of the disputed areas after the work of the Commission for more than 3 years in the disputed areas. " It notes a member of the provincial council in Kirkuk to "The committee was surprised by the existence of transactions has been promoted from central and southern governorates such as Basra, Wasit and Hilla, Dhi Qar and Muthanna has been promoting their files and compensate them two years ago," adding that "the provinces of Karbala and Najaf, among the provinces covered by the work of the disputed areas." The كهية says that "the High Commission began to compensate the families of Khanaqin and Sinjar areas and some areas of Kirkuk, but the work has expanded to include all citizens of the provinces affected by the regime of Saddam including the displaced citizens out of Iraq." He disclosed that the Committee "spent up to now more than 500 billion dinars," but he criticized the budget allocated to the Commission every year, saying it "will make us work this stage compensation for more than 10 years without moving to the second phase which is the normalization of the situation," citing that "something to offer families affected by the transaction exceeds the proportion of funds allocated to the disputed areas only." Regarding the correlation Law demarcation of the administrative border of the provinces of the application of Article 140, confirms improve كهية that "the law of the demarcation of the border will be very important to enter the work of the Committee in the second phase and for the normalization of the situation in the disputed areas," مردفا said, "but at the present time is not related to Article 140 Law demarcation the border. " Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D113398&usg=ALkJrhifJWandMO2Y2d34cVaqz9BdKdpPg#ixzz2cwzWOcgX

Basra's governor meets the first man power in Iraq and the Kurdistan restored electricity to over 24 hours Saturday, August 24 / August 2013 19:52 | | | {Basra: Euphrates News} Basra governor said Majid Mahdi Nasraoui We "Since the first day of our work to support the electric power sector in Basra because we believe that electricity into every detail of the joints of human life and health and the reconstruction of economy and investment." Nasraoui said in a speech during a meeting with the first man in the field of energy in Iraq Ahmed Ismail said "one of the priorities of the citizen optical today provide electrical power as nerve became important in life all the joints." Nasraoui praised a visitors Mousva the character it as "courageous and strong-willed owner . " For his part, Ahmed Ismail, "We are proud of Basra and our experiences witnessed in Iraqi Kurdistan," noting that "the share of electricity was in the region does not exceed three hours and we have made our best efforts to become electricity by the clock," stressing that "fully prepared to work with government local stations to build fast and to avoid technical errors, processing and supply Basra with 450 megawatts before the holy month of Ramadan next year. " It is noteworthy that the governor of Basra promised to improve electricity to Basra and form committees follow several specialized rescue of Basra meteorological exceptional pass out in the summer, according to observers in this regard, Dr. Majed Nasraoui had succeeded in crossing the electricity crisis and achieved significant progress on this front. Ended http://www.alforatnews.com/index.php?option=com_content&view=article&id=48631:2013-08-24-16-52-30&catid=37:2013-03-27-10-35-13&Itemid=55

sport all I can say is Wow! I had to go take an Excedrin after just watching this!

India unveils its quest for the use of local currency in trade with Iraq 24-08-2013 | (Voice of Iraq) - Add a comment - Range Press / Baghdad The Minister of Commerce and Industry of India, on Saturday, seeking his study of the possibility of using the process of local trade exchange with Iraq to counter the low equivalent exchange of Rbeh Indian about the U.S. dollar, and while stressing that his country is working on the signing of the import huge between the two countries, he called on Prime Minister Nuri al-Maliki Indian companies to invest in Iraq and exploit opportunities to provide commercial projects in various sectors. The minister said Indian Commerce and Industry Anand Sharma in a report published by the newspaper Economk Times of India and seen by (range Press), said, "India is considering the possibility of using the local currency in trade exchange with Iraq, in the wake of the face of the low rate of exchange of Rbeh Indian about the U.S. dollar." He added, Sharma said "the issue of payment of cost commercial transactions in local currency will be discussed during the bilateral meetings, to be held between Prime Minister Maliki and Minister Indians," stressing that "the terms of trade common Indian - Iraq up to nearly 21 billion U.S. dollars," noting " Work on the signing of agreements to import huge. " For his part, Prime Minister Nuri al-Maliki to call "Indian companies to invest in Iraq, there are great opportunities and broad areas in various agricultural sectors, health and education in Iraq." He said Iraqi Prime Minister Nuri al-Maliki, said on Friday that Iraq could "learn a lot" from the experience of India, noting that "India and Iraq complement each other," and while pointing out Indian President that his country wanted to share equally with Iraq in oil production, pledged its commitment to the development and progress of Iraq. He was Prime Minister Nuri al-Maliki arrived before noon, Thursday, 22 August 2013, to the Indian capital New Delhi on an official visit lasting several days. The Indian Foreign Minister, Salman Khurshid, visited Baghdad, at (19 June 2013), and met the next day his Iraqi counterpart, Hoshyar Zebari, to discuss ways to enhance bilateral relations and the development of "the foundations for future cooperation" between the two countries, as the face of the Indian minister official invitation Prime Minister Nuri al-Maliki to visit Delhi, revealing the approval of al-Maliki to meet them "after the month of Ramadan." Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D113340&usg=ALkJrhiR6BY1ak_cbQsjJF5GrKQUhLN1sA#ixzz2cuIrAT42

Parliament votes on Monday, the candidates of the Civil Service Council and the law of Federal service and military retirementSaturday, August 24 / August 2013 17:46 | | | {Baghdad: Euphrates News} House of Representatives resumes its 15th regular session of the second election for the fourth legislative year of the first legislative term on Monday to vote on candidates for the Board of Federal service and the law of the first amendment to the law of military service and retirement. A statement by the Information Office of the Council of Representatives received by the agency {Euphrates News} copy of it today that "the House of Representatives resumes its usual next Monday to vote on the candidates of the Federal service and the bill first amendment to the law of service and military retirement number {3} for the year 2010." "Also, will the House of Representatives the second reading of the proposed law University Service No. {23} for the year 2008 , and the law on ratification of the Convention on Cultural Cooperation between the Government of the Republic of Iraq and the Government of the Republic of Ukraine and the proposed law reverse the decisions of the Revolutionary Command Council dissolved numbered {1021} for the year 1983, {197} for the year 1994, {145} for the year 2001. " The statement noted that "the House of Representatives will begin the second reading also draft law amending the Code of Criminal Procedure No. {23} for the year 1971, the bill first amendment to the Law on the Protection Iraqi products No. {11} for the year 2010, the bill Eighth Amendment to the Law on the Ministry of Higher Education and Scientific Research {40} for the year 1988. " He explained that he "will discuss the budget that the House of Representatives for the financial year 2014 in Monday's session in addition to the first reading of the draft law on accession of the Republic of Iraq to the Hague Convention on the Civil Aspects of International Child Abduction and the draft law on the board of the Iraqi Atomic Energy, and the first reading of the draft law into force Iraqi law on security companies {7} material and the law of private security companies. "ended http://www.alforatnews.com/index.php?option=com_content&view=article&id=48624:2013-08-24-14-41-37&catid=36:2013-03-27-10-35-00&Itemid=53

Economic demands parliamentary Central Bank develop an effective plan for the advancement of the economic reality of IraqSaturday, August 24 / August 2013 16:04 | | | {Baghdad: Euphrates News} Asked the Parliamentary Committee on the economy the central bank put an effective plan for the advancement of the economic reality of Iraq and seize the opportunity to get out of the country from Chapter VII. He expressed the Commission's decision Kurdistan Alliance MP Mahma Khalil told a news conference held today, attended by the correspondent Agency {Euphrates News} copy of it surprised "about the survival of the exchange rate of the Iraqi dinar against the U.S. dollar in the local market value of more than 1,200 dinars, while the balance sovereign Iraq now {} 76 billion dollars in investment and international banks and the balance continues to increase exchange rate is the same when he was Iraq's sovereign credit {} 10 billion dollars. " He explained that "the Commission demanded repeatedly to improve and raise the value of the dinar through the development of policy and strategy to him that all Maidkhal to Iraq of goods purchased in dollars and use the opportunity we are out of Chapter VII of money for improving the economic reality as well as the claims of the Iraqi people to improve their reality of economic and social development". Khalil asked the central bank "to improve the status and prestige and advancement of the exchange rate of the Iraqi dinar against a basket of foreign currencies other as is the case valuable economic policy of the countries of the world." Ended http://www.alforatnews.com/index.php?option=com_content&view=article&id=48616:2013-08-24-13-04-46&catid=37:2013-03-27-10-35-13&Itemid=55

Today, 15:32 There is 'proof' Syrian rebels used chemical weapons in conflict - Iran © Colalge "The Voice of Russia" Iran, the chief regional ally of Damascus, said on Saturday there is "proof" Syrian rebels usedchemical weapons in their conflict with the regime of President Bashar al-Assad. "We are very concerned about information regarding the use of chemical weapons in Syria, and we strongly condemn the use of such weapons," foreign ministry spokesman Abbas Araqchi said, quoted by ISNA news agency. "There is proof terrorist groups carried out this action," Araqchi said in reference to Wednesday's allegedly deadly attacks in the Damascus area, without elaborating.Iran also warned against any Western military intervention in the 29-month conflict, after the United States suggested it was weighing up such a possibility. Iran also warned against any Western military intervention in the 29-month conflict, after the United States suggested it was weighing up such a possibility. Voice of Russia, AFP http://voiceofrussia.com/news/2013_08_24/Ehere-is-proof-Syrian-rebels-used-chemical-weapons-in-conflict-Iran-7226/

Government report: More than 6 million of Iraq's population below the poverty line increased by more than 18%Saturday, August 24 / August 2013 15:01 [baghdad - where] The Ministry of Human Rights said more than six million of Iraq's population is under the poverty line. According to a ministry statement received by all of Iraq [where] a copy of it on Saturday that "the National Centre for Human Rights in the Ministry of Human Rights prepared a report addressing the average spending per capita monthly and severity of poverty in Iraq, according to the environment and the extent of the disparity between the provinces in addition to the dimensions of the main poverty-related unemployment and illiteracy, and at the direction of human rights minister Mohammed Xiaa Sudanese. " The statement added that "the ministry report noted that the [iraq is a country rich oil resources, but the level of spending per capita is low compared to neighboring countries] and [that Statistics indicate that [18.9%] of Iraq's population are below the poverty line and has a population of poor [6.4] million people, especially among the rural population. " The statement continued that the report identified a number of targets and proposals that help alleviate the poverty of which [the inclusion of intermediate compulsory education along the lines of civilized states to raise the enrollment rate for males and females. " The report called for the Ministry of Human Rights to "strengthen the role of the ministry in the reduction of poverty in Iraq by contributing to the monitoring and follow-up and evaluation of the government's performance for the various fields related to human rights," the report also pointed to "the need to provide support for those unable to work such as people with disabilities and orphans children and widows through a network of social protection of the Ministry of Labour and Social Affairs and humanitarian organizations in collaboration with the Ministry of Human Rights, as well as the preparation of draft laws include respect for human rights in line with the provisions of the Iraqi constitution and international conventions acceded to by Iraq to develop cooperation with international organizations and donor countries for the purpose of supporting the human rights at all levels and to benefit the physical, technical and accumulated experience in this area. " The Iraqi government launched in early 2010 of a national strategy for poverty alleviation in the country, noting that the rate has reached 23% of the population of 30 million, the equivalent of about 7 million Iraqis are currently living below the poverty line. Strategy was developed with technical support from the World Bank, which is the first official government effort to measure poverty and build a strategy to mitigate it. Ended. Older: http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.alliraqnews.com%2F

Efforts to grant foreign investment cap تأمينيا inside Iraq 24/08/2013 12:00 AM Academic emphasizes sobriety financial bedrock of the companies Baghdad - Mostafa Hashemi is insurance on investment projects implemented by foreign companies with insurance companies Iraqi urgent need to achieve the greatest benefit to the economy, because that - according to academic economist - contributes to the employment of money and the expansion of domestic investment in various sectors because companies Insurance can benefit from hiring their money in many ways to ensure the sustainability of its business through the achievement of revenue good investments and real estate loans and contribute to private sector companies and mixed. in this context stressed the academic economic improvement of the importance of the advancement of the insurance because there are foreign companies want to insure inside Iraq. He added Ali told the (morning) that insurance companies governmental organizations in the country is seeking to secure a number of investment projects in Iraq has because it has the ability and sobriety financial strong on payments to those projects that have been insured in the event of the necessary compensation. exist in the country of 3 companies governmental organizations specialized in the field of insurance is the National Insurance Company and Insurance Company of Iraq and Reinsurance Company along with 3 or 4 companies securing civil, according to improve on the experience convenient Insurance Iraqi manages most of the insurance companies in the regional countries are different, because in Iraq was the launch of the first insurance companies in the nation Arab. And founded the National Insurance Company under Law No. 56 of 1950, when the release of the Companies Act No. 22 of 1997 became a public company under the certificate of incorporation numbered 54 issued by the Registrar of Companies in the Ministry of Commerce. noted academic economic to the Investment Law No. 13 of 2006 and its amendments guarantee paragraph harm the domestic insurance sector to the omission of his role when he allowed foreign companies to provide insurance cover from inside and outside the country while he should compel them to insurance only inside Iraq. However, that it may come as a magnet for foreign investors. called to the need to focus on the insurance sector because it provides big money in the state treasury if it was locked all investment projects with the insurance companies, government also said it would strengthen the chances of the company's investment of these funds to establish economic projects huge as She practiced investment of money in many ways for the purpose of the sustainability of their business and get revenue, noting that it may be through the granting of loans to citizens to set up specific projects to meet annual interest, he added, as the company can deposit cash surplus has in banks and exploitation of deposits of the benefits of annual rewarding. continued Ali said the insurance company government the right to invest their money in various aspects of investment Kalakara, deposits, remittances and subscription shares of joint stock companies in the private sector and mixed together with mortgage lending. , and pointed out that the stability of the economic situation of Iraq restored activity again for national insurance companies as they carry out their activities in the areas of different insurance such as insurance and health engineering, agriculture, fire, accidents and car insurance and marine insurance and insurance of ships and aviation as well as reinsurance.explained on the insurance of various kinds is through an insurance policy offered by the company and which determine their commitment to compensation for all the damage that might be caused to the person or materials that are insured ., indicating that the company meets the amount of insurance installments are agreed on the wording.stressed that the absence of insurance awareness in Iraq because of the wrong policies and wars cause undo the real sector, noting that the ships that used to come to the Iraqi ports then exposed to the bombing of an insured with insurance companies National forcing the company to pay compensation down to the owners of marine vessels, leading thus to a halt marine insurance in that period of losses significant damage to this area of insurance. hinted academic economic that the nineties of the last century represented a dark period in the insurance sector in general because citizen went to secure a living and cranny aside Multi insurance is difficult to get the money at the time because of the general situation that was taking place in the country because of the wrong policies and the consequences of the international sanctions inflicted on Iraq. noted that Assistant Secretary General of the Council of Ministers for the ministries and provinces Rahman Issa Hassan discussed with the Director General of the National Insurance Company Sadiq Fadhil al-Khafaji earlier in the reality in Iraq and insurance Activity Arab and Iraqi companies and the contribution that Iraq has a stake in to find out the reality of these companies and address the obstacles that hinder the work of the National Insurance Company. It was emphasized that insurance is vital that contribute to address the economic and social must spread the culture of insurance among citizens. For his part, Director General of the National Insurance Company importance of the topic that Iraq developed countries in this area in addition to that the company has assets of large in the area of insurance where there is in Iraq, two of the most important companies in the Arab world are the national insurance company and the insurance company with a capital of Iraqi estimated 60 billion dinars, and reserves estimated at 230 million dollars.

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Chairman of Investment Salah al-Din "skims" millions of dollars and smuggled out of Iraq 24-08-2013 | (Voice of Iraq) - Add a comment - Alsumaria News / Salahuddin According to a police source in Salah al-Din, Saturday, that the head of the Investment Commission of the province, "misappropriated" millions of dollars of fake transactions and projects, and fled out of the country. The source said in an interview for "Alsumaria News" that "the President of the Investment Commission of Salahuddin province essence stallion, fled to an unknown destination after arriving in Turkey on Thursday, where it did not know the place yet," noting that "the stallion is accused of embezzling millions of dollars by holding deals and fake projects within the province. " The source, who requested anonymity, that "those responsible are trying to trace stallion in Turkey in order to arrest him in coordination with the Turkish security authorities." And repeated the phenomenon of escape senior Iraqi officials in the state accusing operations embezzlement and deals a major corruption, which confirmed the Parliamentary Integrity Committee in previous reports have said more than 22 senior left Iraq and were in possession of large sums of money embezzled, including ministers and agents ministers and general managers and senior officers in the Iraqi army . Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D113295&usg=ALkJrhh51KpliaDnelHpYS0CA6y94njhPQ#ixzz2ct09Zj13

Maliki enters elections 2014 solo Karbouli Mutlaq and two possible allies «After Results 24-08-2013 | (Voice of Iraq) - Add a comment - BAGHDAD - Ali Talal A source familiar with the coalition of "rule of law", led by Prime Minister Nuri al-Maliki, yesterday, said that "the coalition decided to enter the next legislative elections individually", that later allied with "Sunni destinations", In the forefront Ktlta "dialogue" led by Vice-President Minister Saleh al-Mutlaq and the "solution" led by Jamal Karbouli. In the meantime, efforts seemed "cleared the air" with the year, followed by Maliki, is currently in preparation for the third mandate, collide opposition leaders "Dawa" to reconcile with outgoing Finance Minister Rafie al-Issawi. The source, who declined to be named, for "the world" that "al-Maliki decided to fight in the upcoming legislative elections a coalition of state law alone, without adding any new party, fearing that captures this party votes (voters Maliki) or the Vice-Dawa, as happened in the recent local elections, where the award Ktlta Badr and virtue most votes coalition of state law, "explaining that" reinforces the hypothesis of individual participation in the elections of 2014 with al-Maliki, is the fear of exposure to death a mass in the event of an alliance with parties to the Sunni, like al-Mutlaq ", so it was postponed until after the alliances election results, according to the source believes. The source revealed, "preliminary agreements between al-Maliki, Saleh al-Mutlaq and Jamal Karbouli and deputies from different blocks on the coalition as soon as the results of the elections to form the largest parliamentary bloc in order to win the post of prime minister." And transmits the source for leading figures in the State of Law coalition confidence that "prominent Sunni proposed alliance with al-Maliki, a Mutlaq and Karbouli, firmly convinced that the prime minister is the right of Shiites, unlike political figures Sunni many conflicts of the largest component of the country's right to manage" . The source indicated that "reconciliation between Maliki and al-Issawi was about to take place in the Eid al-Fitr last year, but the leaders of the (Dawa) opposed the move strongly fear that leads to a visit nag Shiite al-Maliki and exploitation of propaganda by (Sadr) and the Supreme Council as happened in the case of Mishan al-Jubouri. " For his part, leader of the coalition (united) and Walid Mohammadi said in an interview with the "world" that "the efforts of rapprochement between al-Issawi and al-Maliki has been going on for a period by the political leaders and tribal leaders aim to end political and sectarian tensions in the country and make reconciliation a reality." World newspaper Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D113303&usg=ALkJrhje3a4ICfsILCRpiqHMdZOQR9EhdA#ixzz2csvdVAnh

Urgent .. A parliamentary source: questioning the Minister of Industry next Wednesday suspicions of corruptionSaturday, August 24 / August 2013 13:08 [baghdad - where] Integrity Committee decided to parliamentary questioning and Industry Minister Ahmad Nasser Daly Karbouli] next Wednesday against the backdrop of suspicions of corruption relating to him personally. A statement from the Iraqi bloc Free Agency has received all of Iraq [where] for a parliamentary source did not يسمه Saturday that the "Committee for the Parliamentary Integrity decided in its meeting today, and at the request of the location of a number of members of the committee, questioned the Minister of Industry on Wednesday to discuss the suspicions of corruption in The ministry regards the minister exclusively. " The source added, "was commissioned deputy high Nassif collect the signatures of deputies to question the minister in the light of existing files, as has been tasked to do personally interrogate the minister." Is over. Newer: http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.alliraqnews.com%2F

Man in his underpants danced on the wing of Angela Merkel’s jet Germany’s security services are urgently investigating how a man was able to board Angela Merkel’s military jet where he partied alone for four hours wearing only underpants while high on drugs. German Chancellor Angela Merkel disembarks from her military jet Photo: REX FEATURES 7:58PM BST 21 Aug 2013 The man, a bodybuilder of Turkish descent named as Volkan T, 24, danced on a wing of the German chancellor’s aircraft, sprayed fire extinguisher foam around its luxury cabin and randomly pushed cockpit buttons, deploying an emergency evacuation slide. According to a leaked police report, the man easily boarded the Airbus 319 on 25 July, clutching a bag full of marijuana and ecstasy pills, while it was parked at a closed military section of Cologne airport. The authorities were only alerted to the security breach, when he inadvertently triggered an alarm while playing with the cockpit buttons. Adding to the embarrassment, it then took police, dogs, private security guards and soldiers three hours to get the intruder off the plane, including attempts to persuade him to give up shouted over a megaphone. The Federal state aircraft was loaded with up to eight tons of fuel, enough to take it to Beijing and it was ready to fly if the intruder had known how. The man entered the secure airport area by telling a guard he had been invited to a wedding reception being held in a nearby quarters for air force officers. He then climbed a barbed wire fence, walked across the tarmac, clambered onto the plane’s left wing and got in through an open emergency exit. The intruder is currently being held in a psychiatric institution and his partying cost an estimated £85,000 in damage. The jet needed new carpet, a new coat of paint on its wing and a new emergency slide. It was declared operational again this week after a successful test flight. “We have reviewed our guidelines in response to this and changes are being made,” a spokesman for the German Air Force told Der Spiegel http://www.telegraph.co.uk/news/worldnews/europe/germany/10257947/Man-in-his-underpants-danced-on-the-wing-of-Angela-Merkels-jet.html

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