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special Point decline in the services of some Iraqi private banks, a bank of Dar es Salaam for investment and other banks, significant risks threatening the customers of those banks. . And began service levels to decline in these banks, particularly electronic services and ATMs, where the Bank of Dar es Salaam electronic devices in the branch of Baghdad and Erbil, which caused many problems for customers, the timing coincided with reductions staffs of these banks, which had started at odds with a good quality of services. According to sources close to some of the private banks for the "Future of Iraq" that private banks "are under government pressure, as happened with Warka Bank Al Ahli, who are still lawsuits against him a list of prior clients who have lost their deposits after the government withdrew assets and its liquidity and turned it to a other banks." The sources described the policy as "a threat lined fall within the transactions financial and administrative corruption and trying to subdue private banks to control the mafia," stating at the same time that those banks, "suffers from poor management and decline in the type of services, which may affect a large segment of customers who deal with it. "In the same context, the Bank of Dar es Salaam with the end of the month, the date abound in which processes of deposit and cash withdrawal, disrupted the ATMs, which is a quantum leap in the country reduced the rates of administrative routine in cash withdrawals from private banks, and has become an alternative solution to the sagging labor administrative and Rtapth in the banks of the government. Have complained about the large number of customers of the bank in question, which may be on the list of banks that are on the verge of witnessing the financial crisis or jolt to the "Future of Iraq" Undo services in this great bank, experts are of the view that this phenomenon is one of the negative indicators on the health of the economy Iraqi private banking sector, which is the mainstay of investment and business that drive wheel of the economy in the country.

Baghdad Provincial Council has allocated 20 million IQD (almost $17million) from 2012 budget to purchase and assign sophisticated surveillance cameras all over the province. The 2012 budget of the country which stands at $100.5 billion was ratified Thursday evening. The current cameras in Baghdad are not enough and they are not of the desired quality, said Baghdad Council member Mohammed al-Rabee. Besides, the current cameras record the movement for only a limited duration, not round the clock. This has paved the way for "terrorists" to continuously attack Baghdad with car bombs and improvised explosive devices, he added. 20 million IQD = almost $17 million dollars is that a hint to the rate ?

BAGHDAD - Alaa Hassan A member of the Preparatory Committee of the National Congress MP from a coalition of state law Hassan Sinead, "Radio Sawa" The Committee reached a preliminary agreement to resolve the selection of candidates to fill the posts of defense and interior ministries. Sinead said that "the process of selecting candidates has become al-Maliki, however, only", with no power to block any prime minister in office to those who give it deems appropriate to the ministries of defense or interior. Sinead said that the representatives of the parties involved in the government the Preparatory Committee of the National Conference agreed on the selection of independent candidates to the Ministries of Defense, Interior, representing the components of Iraq, as he put it. The file selection of candidates for the ministries of defense, interior and one of the main points of contention between the Iraqi List and the State of Law Coalition led by Prime Minister Nuri al-Maliki, the current.

Prime Minister Nuri al-Maliki that he will visit Kuwait early next month, and specifically before the Arab summit in Baghdad. A source in the prime minister (of the Agency news) said on Tuesday: that al-Maliki received before noon today, the Kuwaiti ambassador to Baghdad, to the insured and discussed with him a number of issues that concern the two countries. The source added: that al-Maliki and Ambassador discussed the believer is the most important key points through which they can resolve the outstanding issues between Baghdad and Kuwait, noting that al-Maliki said that Iraq wants to resolve all differences and problems caused by the previous regime of the country. The source added: that al-Maliki told Kuwaiti Ambassador that he will visit Kuwait early next month, and specifically before the Arab summit in Baghdad, noting that the two sides discussed bilateral relations between the two countries. ا

parliamentary Finance Committee, on Monday, as the process of preparing strategic plans and programs to support the banking system and tax in the country, indicating that these two systems need more laws and legislation, plans and mechanisms for their support. A member of the Finance Committee parliamentary Najiba Najib in an interview with "Twilight News" that "the two systems the banking and taxation in the country still need more support through the development of plans and mechanisms conducted by the authorities of legislative and executive branches in the country," asserting that "the banking system and the current tax does not serve the Iraqi state and the economic realities. " The answer to "why the success of investment projects in particular and the economic sector in general due to the banking system and tax deteriorating witnessed in the country," noting that "the Finance Committee in connection with a symposium expanded the presence of experts and specialists and civic organizations to discuss the obstacles and problems facing the banking system, taxation and the promotion of Boaqahma in line with the economic situation in the country. " She a member of the Finance Committee that "there must stand on the tax system and identify shortcomings in it, and develop a mechanism to meet the tax in line with economic reality and the level of per capita income in the country." The Finance Minister Rafie al-Issawi had discussed, on the first Sunday, with the U.S. delegation in the presence of Deputy Assistant U.S. Treasury Secretary Neil will not be economic and political situation in Iraq and the region in general, and the two sides stressed the need to support the banking system and taxation in the country through the mechanisms, procedures and laws that raise the level of banking in Iraq and to support the economic level and investment in it. " Iraq seeks to support the banking system by closing the deficit of local banks to cover the financial guarantees required by the investment companies, which represent the problem of limiting the entry of companies specialized in the electricity sector, infrastructure and services. In Iraq, there about seven state banks and 34 banks waged, mostly owned by foreign banks, two banks and two government controlled the banking system in Iraq are the Rafidain Bank and Rasheed Bank.

* Minister tells Total it cannot sign Kurdistan deals * Iraq says Exxon out of 4th bidding round for now Total should not sign oil deals with the Kurdistan region without Iraq's approval, Deputy Prime Minister for Energy Hussain al-Shahristani said on Sunday, warning the French major would bear the "full consequences" if it did. Total said on Friday said it was considering possible investments in semi-autonomous Iraqi Kurdistan, which is locked in a long-standing feud with the central government in Baghdad over who controls the OPEC country's oil rights and territories. Exxon Mobil became the first oil major to sign up with Iraqi Kurdistan late last year, prompting Baghdad to reject that deal as illegal and threaten to end Exxon's contract for the West Qurna-1 oilfield in the south of the country. "The position of the Iraqi government will be the same as with the other oil companies, that no company has a right to sign a contract without the approval of the central government of Iraq," Shahristani told Reuters when asked about a possible Total deal with Kurdistan. "Any such contract has no standing with the Iraqi government, and the companies have no right to work on the Iraqi territories and they bear the full consequences." Exxon has yet to reply to Baghdad over its decision to move into Kurdistan. But Shahristani said the U.S. major would not be able to participate for now in Iraq's fourth energy bidding round because of its agreements with Kurdistan, which has its own regional government and military force. "Exxon was informed about the Iraqi government position clearly and openly. They asked for some time, and we are waiting for their final answer to inform them of our final decision," Shahristani said. "But right now they are not qualified to participate in the fourth bidding round," he said. Baghdad says the central government has control over the country's oil reserves, but Kurdistan, which gained its semi-autonomous status in 1991, says it can sign oil deals for fields in its territory. Iraq's oil ministry has already excluded U.S. oil company Hess Corp. from the bidding round because of its participation in Kurdistan. But it will be more difficult for Baghdad to challenge a large U.S. major like Exxon, with involvement in huge southern Iraqi oil projects. Total Chief executive, Christophe de Margerie, said on Friday that the French company would not seek contracts in the Iraqi bidding round because he said the conditions were not very attractive. He said the company was considering Kurdistan deals. Shahristani also said his understanding was that Iran would not carry out a threat to close down the Strait of Hormuz because Iranian oil supplies also relied on the shipping lane and closure would not benefit Tehran. Neighbouring Iran has threatened to close the Strait if Western sanctions aimed at shutting down Iran's nuclear programme stop it from selling its oil.

Efforts to activate the role of private sector in development BAGHDAD - Yasser incumbent - Hussein al-Tamimi Tgb Escalate calls to the need to create a banking sector has a global services, after concerted efforts of private and public sector, where the imposing reality of the situation need to access from the current environment that do not fit and ambitious global investment and local communities with quick fixes and long-alike to the problems of the Iraqi economy, and services that must be provided to the citizen, most bankers today claim to the importance of amending the laws and regulations that lead to the granting of private banks more flexibility in the banking and services provided by investment to reality. The Conference of the banks operating in Iraq, organized by the Trade Bank of Iraq to discuss the requirements for the Advancement of reality and the most important determinants of bank growth. . Director-General of Trade Bank of Iraq Hamdiya dry confirmed (morning): This conference is held for the development of our banking sector, where to hide to everyone that the banking system has to make a lot of tireless efforts to raise the sector to levels sober and according to international standards of modern and recognized in the financial markets and the banking sector in the world Altzer, and showed that its presence at the head, said a senior banker Kalmsrv Iraqi trade, it makes it imperative to take responsibility advancement in this bank that we promised ourselves that we make every effort to establish habits banking, international relations and local with all the relevant authorities and stands in the forefront of banking institutions in Iraq. Is also an important part of the process of building and development of the banking sector requires us to open our doors to hear the observations and opinions of specialists and value Rphina your experiences summaries of scientific and practical experiences accumulations of specialists that supply certain of the reality of the practical performance of banks in Iraq. They pointed to the importance of that first start restructuring our bank was is one of the first step toward the beginnings of a new work, where we have succeeded in creating a senior management of the Bank combines banking experience long and the spirit of modernity supported youth promising renewed, which made the Trade Bank of Iraq from international banks and the internationally renowned . وق. She said that one of the elements of banking and development in any country is the existence of a regulatory strong (reference bank) on the banks in that country, but unfortunately, still the atmosphere of assessing banking performance in Iraq is weak and lacks the most basic professional Vmarjeitna bank did not move a muscle due to foot-dragging some of the banks where placed limits on the level of risk depositors. . She Astqrabha that the CBI had class private banks operating in Iraq, according to one international standard as this standard was adopted standard taxonomically outdated and expired since the eighties of the last century, if it be re-used by our reference bank. And put Trade Bank of Iraq in the order 27 of the 30 do not know whether it happened or omissions Mada. Especially as the tbi values ​​of the world by the magazine THE BANKER English, which is part of the total of the FINANCIAL TIMES of the largest 418 bank in the Middle East and the former did not get it any Iraqi bank during the four decades and won our bank many awards the most important award Bank BANK OF NEW YORK and the Bank of CI TI Alamlaqaan. She noted that there are some other problems which are still suffering from the banking sector in Iraq, including what we have inherited from the former regime, as the issue of the seventh item and its effects still haunt Iraqi assets, one of the biggest problems facing the banks, the Iraqi government and for this reason must not be linked to Bank of Iraq Trade, Ministry of Finance, but keeping it on its independence in decision-making and its association with the highest pyramid of the executive power in Iraq for several reasons, including: avoiding the exposure of the money bank to the claims and bookings and prosecutions of reporters the bank outside Iraq, like other banks, governmental organizations of the Ministry of Finance, but we are keen to have to work by with the Ministry of Finance and all other banks operating in Iraq, whether the public or private banks, and the fact that the bank is a financial lung of Iraq so we must work to reduce those episodes with which the source of decision-making leads to increased bureaucracy work. . She dry, saying there are some issues that we would like to touch it for example, the multiplicity of actors that intervene in the Acts of Trade Bank of Iraq and conflicting directives issued them and that put the bank in an awkward position at a loss and the directions that follow him, as there is another issue, namely the lack of classification credit sovereign of Iraq by the rating agencies that such a classification gives confidence to the financial community and international Iraqi economy and encourage investors and lenders to enter the Iraqi market, one of the options the task of financing and help develop capital markets, local and opens the door to Iraqi banks to deal directly with the international banks large in a broader and more flexible, with higher a country the lower the cost of lending. . This is the responsibility of the Iraqi Bank Alrkza to achieve the international banking arena. . And confirmed the determination of Trade Bank of Iraq in support and stand-by-side private sector banks, provided that such re-structure the banking banks so as to achieve balance in the exercise of all banking operations, but not limited to speculation in the buying and selling currency. . Dr. Sami al-Araji, Chairman of the National Investment Commission, said during his participation in the conference in the country a lot of SMEs, as well as projects, strategic large sectors of industry, agriculture and services, all of which need to be advanced banking services and banking sector capable of providing the requirements of the investment process, noting that (70 percent) of the economies of developed countries relies small and medium enterprises, pointing to the existence of (22) billion dollars in Iraqi homes and not in the banks and wondered about the mechanism part to the introduction of private banks to support the projects. He said the private sector can, whether banks or investment companies in the tourism sector, which is the major supplier for many countries and our country have all kinds of tourism and need the services of border crossing points to the tourist areas, and continued through our work in the body was our turn to find private banks capture the opportunity to deal the international private with the banks that opened up to Iraq in 2011, and stressed the importance of restoring the Iraqi banking house that must be done. . The President of the Association of Iraqi banks look Halawi has confirmed that the private banks suffer many problems of internal and external, and yet has achieved many successes, and sought to build international regimes as well as worked on establishing good relations with international banks, but faced determinants of Chapter VII, pointing out that the private banks licensed according to the assets of the profession, but met with campaigns not to deal with the institutions of the state official directives. He pointed out that the failures of banks in this part do not represent 1 percent, adding that the monetary and fiscal policies are working on both units, while should work together.

http://bloom.bg/x594ch#ooid=w0cjloMz...Ohzajg7Jzwgkli

Minister in the Iraqi government, Wednesday, most of the territories which applied in the resolutions of the "Committee for the North" during the former regime had returned to their owners after 2003, indicating that the decision of the Council of Ministers came to legitimize, at a time through the component of Turkmenistan House hoped to apply the government's decision not to Yassouf or amendments thereto inspecting its contents. The "Committee on the North" at the time of the former Iraqi regime has confiscated agricultural lands belonging to citizens, Kurds, Turkmen and awarded contracts to expatriate Arabs from central and southern governorates in the policies of demographic change, which was followed in the areas of mixed nationality. He cited an article in Iraq's constitution is 140 for removal of these policies in preparation for a referendum determines the fate of the disputed areas will follow as to whether the administrator of the territory of Kurdistan or Baghdad. The Minister of State for Provincial Affairs Torhan Mufti told the Kurdish news agency (Rn), "the decision of the Council of Ministers after the ratification will take the way to the application," noting that "most of the land that applies decisions (Committee of the North) is the land restored to their rightful owners after 2003 But the decision was made ​​to give legal legitimacy. " The Cabinet decided yesterday canceled all decisions issued by the "Committee on the north," dissolved in the province of Kirkuk on fire Altsrfah rights on agricultural land to non-Arab Despite the support of the Turkmen Cabinet decision yesterday, but the fears of procrastination decision seemed clear of situations. The member component of Turkmenistan in the House of Representatives Zala Alinvtji (Rn), "The component of Turkmenistan is the decision of the Council of Ministers a historic decision, if you will implement it because unfortunately there is a crisis of confidence Many of the decisions made ​​but not implemented, or you may get modifications to the decision and there may be interpretations figure by the officials. " . She Alinvtji that "there is land that acquired under the title of taboos oil or belonging to the Iraqi Ministry of Defense is now exploited by the taboo of oil or of the Ministry of Defense is currently exploited for agricultural purposes by some authorities under the pretext of its ownership to the state, so why not recovered by the poster now?. . And try the former Iraqi regime to change the demographic reality in the areas of mixed nationalist Arabs and Kurds and Turkmen, including Kirkuk and parts of Nineveh and Diyala, Salahuddin, through the expropriation of the Kurds, Turkmen and distributed to the expatriate Arabs as well as deducting the areas of the provinces and annexed to another. In turn, reduced the importance of the Kurdistan Alliance of Arab rejection of the component in the province of Kirkuk, the decision of the Council of Ministers that the decisions of the North. A member of the Kurdistan Alliance bloc Mahma Khalil's (Rn), "The Iraqi Council of Ministers resolution bellows half the citizens of the Kurds and Turkmen, who have their property confiscated by the former regime," noting that "the decision was supposed to be released before that date." واوHe explained that "those who reject the decision I think they are not being fair resolutions of the Commission came north, contrary to the Constitution of Iraq as they tried to legitimize unjust resolutions against the Iraqi people, and rejection of evidence of the seized property who have the desire to continue seizing the property of others." It was scheduled to end the Iraqi government from the application of Article 140 by the end of 2007, but there were no differences on them along with degradation of the Security prevented it. The Kurds say the Kurdish areas and demanding annexation to the Kurdistan region and drew fingers to Baghdad more than once in stalling the implementation of Article 140, but there are Turkmen and Arab parties rejected it. The town of Kirkuk at a distance of 255 km northeast of the Iraqi capital Baghdad, one of the disputed areas between the Federal Government of Iraq and the Kurdistan Regional Government .

The coalition of law state, called on Wednesday, the political blocs to be realistic in dealing with their claims, including the allocation of funds for each Iraqi citizen in the current year budget, noting about the difficulty of achieving this because of the budget shortfall. The MP of the coalition of Law State Mohammed Saiyhood said in an interview with "Shafaq News" that claims "to allocate funds to all Iraqi citizens to improve the per capita income is a good idea, especially Iraq is oil producer," but he also said that "the current conditions experienced by the country such as the destroyed infrastructures and the suspended strategic projects in addition to the shortfall in the current budget and previous budgets prevent the achievement of those claims. " He called "parliamentary blocs to be more realistic in their claims and proposals, taking into account the need of citizens to raise their standard of living by improving the service and health situation in the country," pointing to "the difficulty of allocating money to all citizens of the current year budget The Iraqia List MP Khalid Al-Alwani, called on Wednesday, in a statement "Shafaq News" received not to pass the financial budget for this year without the approval of the project put forward by the Liberal bloc, which provides for the payment of the amount to each Iraqi citizen, calling the members of the House of Representatives and the political blocs to work to increase the salaries of retirees and people with special needs and the social welfare network. It is said that the Liberal bloc threatened last month, not to vote on the budget if it does not distribute a percentage of oil revenue to citizens, calling to give a share of oil revenues to the poor and the needy, and they said that the bloc will find an ally to support the demand in the absence of the National Alliance to support them. The Iraqi government has approved the Federal Budget for the year 2012, valued at $ 100 billion, an increase of 22 percent from the previous year, with a shortfall of about $ 13 billion, as the parliamentary finance committee revealed that the operating budget reached 70% of the budget of 2012.

BAGHDAD, — Baghdad has no legal right to cancel a major oil contract with Exxon Mobil in retaliation for its involvement in semi-autonomous Kurdistan, the head of Iraq's parliamentary oil and energy committee said on Tuesday. "There are no blacklists in parliament," said Adnan al-Janabi on the sidelines of an oil conference in London. Exxon became the first major to move into the northern Kurdistan region in mid-October when it signed a contract for six exploration blocks with Kurdish authorities. The Kurdistan Regional Government KRG,www.ekurd.net is locked in a feud with the Arab-dominated central government in Baghdad over territory and oil rights. The Iraqi oil ministry has said Exxon's deal was illegal and could result in termination of its contract to develop the major West Qurna Phase One oilfield in the south. "The contracts (signed) by the central government and the Kurdish region are not fully constitutional. We need to pass the oil law to set up the federal council, which can then approve all of the contracts," Janabi said. OPEC member Iraq is still struggling to pass a modern oil and gas law to help settle disputes, including those surrounding oil production-sharing contracts signed by the KRG with foreign companies. Exxon has not commented publicly on the agreement, and Iraqi oil officials say the company has not responded to their requests for an explanation. February 2, 2012 MOSUL, Iraq, — Iraq's Kurds are using a contract with Exxon Mobil Corp. and a national political crisis to strengthen their region's control of resource-rich patches of disputed land, raising the stakes in a long-running standoff with the central government in Baghdad. Exxon Mobil's oil exploration and production deal with the Kurdistan Regional Government, announced in November, was effectively an endorsement by a global energy giant of development in Kurdish-controlled areas of northern Iraq, until then the domain of second-tier companies and wildcatters. Despite opposition from Baghdad, Exxon Mobil is moving ahead with the project. It is now preparing for seismic studies and securing office space and accommodation for its staff in the Kurdish region's capital Erbil, a Kurdistan official said Monday. Exxon Mobil declined to comment on the contract. Kurds, meanwhile, are pointing to the Exxon Mobil deal to convince other major oil companies such as Total SA to sign on for other concessions, according to Kurdistan officials. Total declined to comment on its discussions with Kurdistan. The semiautonomous Kurdistan region has signed more than 45 oil and gas deals and has been at odds with Baghdad for years over whether it has the authority to do so. But the prominence of Exxon Mobil, and the fact that three of six exploration blocks awarded to the company are in disputed land in the northern provinces of Nineveh and Kirkuk, have entangled Exxon Mobil in simmering national and local feuds. Kurdish leaders, who in addition to running their own virtual state in the north participate in the central government in Baghdad, are now openly using a conflict between Shiite Prime Minister Nouri al-Maliki and a Sunni-dominated faction in his coalition government to exact concessions from Baghdad on oil and land. Kurds say they want to use a coming national conference—intended to resolve the political crisis in Baghdad—to settle their own disputes with the central government. The Sunni faction on Tuesday ended a nearly six-week-long boycott of parliament and signaled it was ready to lift a boycott of cabinet meetings if a list of its own demands are met at the conference. With Mr. Maliki depending on Kurdish support to help hold his government together, Kurdish leaders are looking to get Baghdad to compromise in exchange for their cooperation. The Kurds' goals include redrawing internal boundaries in Iraq, holding a referendum in disputed areas to decide whether Kurdistan or Baghdad should control their territory, and passing a long-stalled national oil law that would recognize the Kurdish contracts and formalize revenue-sharing with the central government. The timing, venue and agenda for the conference haven't been set. Mr. Maliki is expected to try to use Sunni Arab hostility toward Kurdish land claims in the north to avoid making major concessions to the Kurds. He has already warned the Kurdistan government that its deal with Exxon Mobil could trigger a war in the area. His ministers have also accused the Kurds of oil smuggling, and threatened to end a service contract with Exxon Mobil in Iraq's south in retaliation. Kurds have brushed off the threats. "We are dealing with these areas as part of Kurdistan," said a senior Kurdish official. Some residents in the disputed areas view the Exxon Mobil deal as infringing on their own claims. "The owners of the land, oil and all resources in Nineveh province are the Iraqi people in general and the people of Nineveh in particular," said Abdullah Humeidi Ajeel al-Yawer, leader of a powerful Sunni Arab tribe,www.ekurd.net in an interview in the northern city of Mosul, seat of Nineveh province. Mr. Yawer also heads a political party that controls almost one-third of seats on the provincial council. "The central and local [Nineveh] governments must fix the situation and if they both are unable to do so, then we'll have our say," he added. Mr. Yawer declined to say what he would do should the central and local governments' efforts fail. He commands thousands of armed tribesmen in his Shammar tribe, a group that was on the brink of war with Kurdish forces in 2005. The U.S. and the U.N. stepped in to mediate that conflict and also facilitated a reconciliation between Nineveh's Gov. Atheel Nujaifi and the Kurdistan government. With the departure of all U.S. soldiers from Iraq in December, tensions have risen again. Mr. Nujaifi called the Exxon Mobil deal a new wedge for militants to exploit. Militants "want to put us in confrontation with the [Kurdistan] region," he said in an interview. U.S. diplomats in Baghdad said they hope the situation will remain under control because of common economic interests, the promise of oil-fueled prosperity and development in the area and the moderating influence of Turkey, which shares borders, business and political ties with all actors in northern Iraq. Turkey has a strategic interest in boosting oil and gas exports from Iraq's north through its territory, analysts say. Turkey's involvement could pave the way for the Kurdish government to exchange fraying ties with Baghdad for Turkish protection, says Joost Hiltermann, a senior analyst with the International Crisis Group and expert on Iraq's land disputes. "You could see the emergence of an oil-rich, Kurdish-run Turkish vassal state in Iraq," he says.

Baghdad Confirmed the MP for the Liberal block names Musawi, that the statements of some of that in which they accused all the political blocs causing heart of the political process of their approval of the agreements Arbil inaccurate. Musawi said, in a press statement that "the terms of Arbil appended note of Prime Minister Nuri al-Maliki, and states that no performs any of the items contrary to the Constitution, like the old National policies of the Supreme who has not taken into account in a timely manner the extent of his powers on the basis that this Council would be along the lines of the Political Council for National Security, who was in Iraq during the past years and the same powers. "adding," but we were surprised that Iraq calls for legislative powers, executive and judicial powers and the violation of the Constitution, and this is what we intercepted it. " She al-Moussawi, said that "Iraq also demanded the Ministry of security and up to now, the National Alliance is committed to be the ministry has, but about 95% of the candidates are covered by de-Baathification, and this is contrary to the Constitution The others are incompetent." For his part, said a member of the State of Law National Alliance MP Ibrahim Rikabi that all the terms of the Erbil carried out by the National Alliance is not implemented, there is a committee formed for the implementation of, the National Alliance will not bear the responsibility of the political differences on the Convention of Erbil. Rikabi, that all the terms of the Erbil have been implemented from the National Alliance, and particularly Prime Minister Nuri al-Maliki, noting that talk about the Iraqi List, the marginalization is true for their participation in all ministries and sovereign positions. He added that what is demanded by the political blocs of the remainder of the terms of the Erbil will not stand for the National Alliance because the delay in resolving the security ministries borne by the Iraqi List, the lack of candidate characters efficient for the job as well as the National Council of the policies Alasttratejah been enacted law is contrary to the constitution that ended as well as borne by the Iraqi List, and with respect to demand for the Kurdistan Alliance, the implementation of Article (140), there was no disclaimer on the implementation of this item and there is a committee formed to implement this article. The MP for the coalition of state law to: the responsibility of each national political is to resolve outstanding differences through the national meeting is expected and is fresh all the problems on the table of dialogue and discuss the problem after problem, and followed the stapes: it does not want the success of the National Congress, it is linked to agendas of Foreign Affairs wants to block the political process and make it fail. from their part, the Iraqi List led by Iyad Allawi, demanding the formation of the strategic policies, while confirming that the composition will help in unifying visions and political discourse of the national and the success of the coming Arab summit in Baghdad. The adviser said the Iraqi List, Hani Ashur "The Policy Council, which referred its law the President Minister to the House of Representatives and was the first reading of him is due to the Iraqi list according to the agreement of Arbil, "asserting that" speed up the formation of the Council will be key to the success of the Arab summit after the emergence of the speech Iraqi uniform and representative of the National Partnership. "Ashour went to" The Council will promote the concept of national partnership and will contribute to building stability, "noting that" the situation in Iraq now need to build a solid foundation to draw a picture of the future. " He said Ashour, "Policy Council is a window to develop a road map for future state-building and will be an assistance to the Government on the formulation of strategic frameworks for Iraq," noting that "the formation of the policies and naming ministers security will contribute to bridge the gap between the political blocs and help to complete the form of state and government."

SULAIMANIYAH, Kurdistan region 'Iraq', — No money has been allocated for any kind of population survey in the 2012 budget complains Kurdish politician Shorish Haji. A census is one of the three steps to resolving the disputed territories in Nineveh, Diuyala, Salahaddin and Kirkuk set out in Article 140 of the constitution. With no allocated spending Haji is convinced this means another year will pass with no resolution to the disputed territories. Haji is leader of the Kurdish opposition party Gorran [Change] Movement delegates to the Council of Representatives. "We have much to say about the budget bill which, just like the previous regime, has been drafted to consolidate the power of the central government," Haji said at a press conference in Sulaimaniyah on Wednesday. "This is against federalism and the philosophy of the Iraqi constitution because it has not given room for the regions and provinces." The disputed territories have been fought over by Kurdish, Arab and Turkmen political parties since the fall of Saddam Hussein's regime. Historically many of the disputed territories like Kirkuk were Kurdish cities. Hussein conducted a policy of Arabization,www.ekurd.net killing and forcibly evicting Kurdish and transporting Arab families in from the south to replace them. This policy made the ethnic make up of cities like Kirkuk much more mixed. Kirkuk oil wealth is considerable, neither Kurds nor Arabs want to relinquish control of Kirkuk for fear of losing out on the fortune in hydrocarbons under the soil. Article 140 stipulates that the disputed territories must be resolved by moving evicted families back to their homes, taking a census and holding a referendum on whether Baghdad or Erbil should control Kirkuk. Article 140 states this three step process must be carried out by the end of 2007. The disputed territories have witnessed a lot of bloodshed over the past four years, a reason given by Baghdad for why article 140 has not yet been carried out. Haji believes the Iraqi government should conduct the census regardless of how unstable the security situation is "because the census will settle many issues in Iraq and designing any plan without a survey is inappropriate." The budget does not go to fixing other woes says Haji, who noted the outlook for the economy is not clear. "We don't know the economic future of Iraq," he said. "There is little attention to private sector and investment and the authority to spend and invest is allotted to the ministries instead of Provinces." As for the budget of Kurdistan, Haji said so far Kurdistan Region's allocation from the national budget is stable at 17%. The proposed budget stands at $100 billion USD (117 trillion IQD) with a deficit of $13.5 billion USD (16 trillion IQD). The compensation for families evicted by Saddam's Arabization policy are insufficient Haji added. "In a meeting the Iraqi Finance Minister told us that only 52 billion IQD ($45 million USD) have been allotted to compensate the families which is sufficient for only 5,000 families. The total number of the families to be compensated reaches almost 650,000 in Kurdistan Region alone." Reports estimate each family will be given 10 million IQD ($8,500 USD). The oil-rich province of Kirkuk is one of the most disputed areas by the regional government and the Iraqi government in Baghdad. The Kurds are seeking to integrate the province into the semi-autonomous Kurdistan Region clamming it to be historically a Kurdish city, it lies just south border of the Kurdistan autonomous region, the population is a mix of majority Kurds and minority of Arabs, Christians and Turkmen, lies 250 km northeast of Baghdad. Kurds have a strong cultural and emotional attachment to Kirkuk, which they call "the Kurdish Jerusalem." Kurds see it as the rightful and perfect capital of an autonomous Kurdistan state. Article 140 of the Iraqi constitution is related to the normalization of the situation in Kirkuk city and other disputed areas through having back its Kurdish inhabitants and repatriating the Arabs relocated in the city during the former regime’s time to their original provinces in central and southern Iraq. 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. The former regime of Iraqi President Saddam Hussein had forced over 250,000 Kurdish residents to give up their homes to Arabs in the 1970s, to "Arabize" the city and the region's oil industry. The last ethnic-breakdown census in Iraq was conducted in 1957, well before Saddam began his program to move Arabs to Kirkuk. That count showed 178,000 Kurds, 48,000 Turkomen, 43,000 Arabs and 10,000 Assyrian-Chaldean Christians living in the city.

Baghdad - People The head of the Liberal block of the Sadrist MP Bahaa al-Araji, a mass that was informed by all the political blocs not to vote on the budget for the current year did not include what share of the oil and the will of each citizen. He said in a press statement yesterday that the political blocs welcomed our demand, despite attempts by some parties to use the budget to achieve some political gains, indicating that the budget came to serve the Iraqi people, so we want to embody the service correctly and accurately proportional to the current requirements and the difficult economic conditions experienced by the citizens, especially the presence of more than 25% of Iraqis live under the poverty line. . The statement added that the demands of Muqtada al-Sadr, which was released in the impact of the National Alliance statement emphasizing the welcoming them and strive to achieve them must be adhered to because "the faithful at the royal family," adding that "talking about can not allocate money to every citizen of the lack of exports is true, but We start from poor families and the needy and the Ardha less than (400) thousand dinars per month, which does not cost the budget a lot because we are talking about (2) billion dollars in the budget value (100) billion dollars, the expenses of many, especially in the sovereign positions. The al-Araji: that this demand is the achievement of social justice and a half for the poor, because their survival to their poverty and their need will cost the state more than it spends because the effects of social and health would cost the state more, explaining that "the budget begins each year deficit and ending with a surplus.

announced the Trade Bank of Iraq for reducing costs of credit cards by 50%, indicating that the population will be provided soon, the Gold Card, which enables them to use in purchasing and payment. The bank said in a statement received "Twilight News" copy of which was that the bank had decided to "reduce the amount of insurance money allocated for the issuance of Visa Card, Master Card, to 250 thousand Iraqi dinars instead of the previous amount, which was 500 thousand Iraqi dinars to encourage the use of credit cards for the largest segment of Iraqi society ". He said he will be in the near future "version of the Gold Card (Visa) to all citizens, but the currency of the dollar. As well as issuing MasterCard cards intended for university students, and uses of the Internet." The statement continued that the bank will distribute POS Retail (pos) to all governorates of Iraq will enable these devices the card holder Credit Visa Card, Master Card, local, or foreign, to conduct the procurement process and payment of such devices, called "all departments of the hotels and shops. for the purpose of equipping them with that hardware. " He said he would "spread of ATMs in most halls Baghdad International Airport to withdraw cash from Visa Card, Master Card, world wars and in the currency of the dinar and the dollar", appealing to government and private banks "to obtain the membership of the companies Visa and MasterCard global basis (associate member), and under the auspices of the Iraqi bank of the trade. " It is said that plastic credit cards are used in payment transactions and acquisitions, as companies are providers of those cards to end the top of the money a person can use the card. The user can pay the amount of money that buys the Bastqtalla from the amount in the card. Some companies have issued these cards in the U.S. in 1920 to facilitate the payment process, the most famous in the world of credit cards, Visa, MasterCard, Euro Card, and carrying a credit card holder name and account number.

Scouts for housing, office space; considers seismic tender * France's Total may be next to follow Exxon into Kurdistan * Acquisitions, relinquishment, consolidation expected By Jon Hemming ARBIL, Iraq, Jan 25 (Reuters) - Exxon Mobil, the first oil major to move into Iraqi Kurdistan, is quietly mobilising in Arbil despite strenuous objections from the central government. Since the bold play came to light in November, the company has kept silent - fueling speculation that it froze the deal and bowed to Baghdad, which has long held that all foreign oil deals signed with the Kurdistan Regional Government (KRG) are illegal. But Kurdish officials insist that investment is going ahead and movement on the ground supports their claims. "They (Exxon) are definitely here and they are definitely assessing living and working accommodation," said a Western industry source in Arbil, at the heart of Iraq's northern Kurdish region. "There are around 10 individuals here at any one time looking at what it takes to fully mobilise here - office space, housing space, these types of things. No oil company comes in in a day." Exxon executives met the region's Natural Resources Minister Ashti Hawrami last week, sources in Arbil said, and are preparing to issue a tender for seismic work for some, if not all, of the six exploration blocks acquired in October. The move north sparked fury in Baghdad, which is threatening to take action against Exxon - in charge of developing the supergiant West Qurna-1 oil field in southern Iraq. Exxon has been summoned to the oil ministry for final talks. It is unclear whether the discussions would take place before the U.S. major's fourth quarter results on Jan. 31 - when it is also expected to go public with its Kurdistan investment. In the meantime, however, it is business as usual - production at West Qurna-1 has risen to about 390,000 barrels per day and Exxon continues to lead a multi-billion dollar water injection project that is crucial to boosting output in the south. CONSOLIDATION Before signing the deal with Kurdistan, Exxon was sure to have weighed any possible legal challenges. "I'm sure Exxon has more lawyers than probably there are Ministry of Oil officials in Baghdad," said the industry source. Such calculations are likely to influence other oil majors who may be considering moving into Kurdistan, and the lack of concrete action from Baghdad as yet is sure to reinforce the belief that it could prove a sound investment. The KRG's Hawrami told Reuters this month the KRG was in talks with other oil majors and he expected further agreements to be signed in the next few months. Lack of security, political instability, bureaucracy and the relatively unattractive oil deals in the rest of Iraq are driving international oil majors towards following Exxon's lead and signing exploration and production contracts with Kurdistan. After Exxon snapped up the last unclaimed Kurdish territory, new arrivals will be looking to farm into existing blocs. France's Total is keen to move into the north, sources said, and a link up with Anglo-French explorer Perenco in the Sindi-Amedi block along the Turkish border is one scenario. Total also has a minority stake in the Halfaya oil field in southern Iraq. Other names frequently mentioned are Eni and Lukoil - that are also involved in the south of Iraq. Chevron and Conoco Phillips, which have nothing at stake, may also be interested, said the Western industry source. "Ashti Hawrami was very clever in the way he set up the oil industry here, starting with small companies to get things off the ground," said an Western oil executive who declined to be named. "It was almost designed to lure in the oil majors, and that is what we are seeing now." With the KRG estimating it has 45 billion barrels of oil reserves, oil executives continue to mill around the luxury five-star Rotana hotel in the Kurdish capital Arbil. While the calculation and hard-bargaining goes on behind the blast walls of ministries and the smoked glass of swanky hotels, the city of Arbil is showing all the signs of an oil boom town in the making, a far cry from the dusty backwater before 2003. Now the latest Porsches, Maseratis and Range Rovers jostle with the albeit largely new pick-up trucks preferred by the masses on the still pot-holed roads. Five-star hotels are swiftly springing up and Kurdish shoppers buy designer brands at swish shopping malls with an air of confidence in the future

I was looking at the part about US paying 20.00 for oil from kawait and saudi then why would they sign anything from iraq for 30.00 The United States does not want to do anything that would affect Saudi Arabia's cash flow since American companies hold orders there for $30b worth of weapons and $6b worth of commercial aircraft" (Neff 3). Competition from Iraqi oil sales would have a severe impact on Saudi Arabia, WASNT BRING ANYTHING TO START CRAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! JUST SOMETHING I WAS READING SOMETHINGS I BRING I GET FROM JORDAN, just like jordan's are having a problem right now getting iraq dinars thats straight from jordan fact

The American-British demand for total Iraqi compliance with all resolutions has as its ultimate objective to so humiliate Saddam Hussein that his own people and army will rise up and remove him from power. Most Iraqis believe that the UN sanctions will never be lifted, as long as Saddam Hussein remains in power, regardless of whether or not the government complies with the resolutions. Yet, knowing this and despite the difficult conditions created by the sanctions within Iraq, Hussein's position remains secure. The everyday struggle of the Iraqi people has left them with "neither the desire nor the energy to rise up against their government, which they increasingly perceive as a victim of a superpower's agenda" (Rouleau 68). Also, the leader has simply responded by tightening control of his military and security forces, purging all opposition. As a result, since the summer of 1994, three of the permanent members of the Security Council (Russia, China, and France) have been advocating a relaxation of the sanctions. The primarily American-British hard-line attitude toward Iraq and its compliance with the Security Council's resolutions has come under intense scrutiny, particularly in light of the recent rash of reports highlighting the deplorable living conditions inside Iraq. One of the principle arguments against the hard-line attitude has been: Why must the resolutions pertaining to Iraq be enforced so severely when many other UN resolutions have been ignored? More often than not, the example of Israel is used to argue this point. After the 1967 Arab-Israeli war and Israel's 1978 invasion of Lebanon, several UN resolutions were passed to punish Israel which were largely ignored. The hypocrisy of American-British stance has led to a general feeling that the two nations care only about their oil and weapons interests in the Middle East. Iraq's return to the oil market could push prices down and make it difficult for Saudi Arabia to meet payments for its arms purchases from Washington and London. "The United States does not want to do anything that would affect Saudi Arabia's cash flow since American companies hold orders there for $30b worth of weapons and $6b worth of commercial aircraft" (Neff 3). Competition from Iraqi oil sales would have a severe impact on Saudi Arabia, forcing it to either lower its price or reduce its production output. There are also rumors of a secret agreement by Kuwait and Saudi Arabia, guaranteeing cheap oil to the United States; "America' s economic recovery over the last three and a half years has been greatly aided by oil available at under $20 a barrel" (Neff 4). Assuming these rumors are true, Washington for its part of the deal would be required to ensure that the UN sanctions remain in effect as long as possible. Such an agreement is said to be the cornerstone of the United States "dual containment" policy whereby Tehran and Baghdad are to be squeezed into cooperation. Iran, like Iraq, could also drive the price of oil down were the US sponsored embargo of its oil industry lifted. The United States has countered such rumors by arguing, ironically, that the sole reason for the recent change of heart by some of the Council members is economic. "US officials hit back at France and Russia by telling reporters 'off the record' that the two countries had selfish reasons for showing a more tolerant attitude toward Saddam than the US" (Neff 3). Apparently, both countries were major arms suppliers to Iraq before the Gulf War. Also, both hold large debts from Iraq and could expect to profit once the oil embargo is lifted and Iraq begins reconstruction of its infrastructure. Conclusion It is apparent that the citizens of Iraq are in fact being punished for the misdeeds of their political leader, Saddam Hussein. A continued enforcement of the sanctions in light of Iraqi compliance and the deplorable standards of living they have created, leads one to the conclusion that the initial objectives of the sanctions have undergone a radical transformation. Today, it is obvious that the United Nations organization functions at the mercy of US foreign policy and that the Security Council resolutions and sanctions have become the personal tools of the United States in the great chess game that is the Middle East. Unfortunately, it is the average citizen of Iraq who plays the pawn in this all too morbid game.

Mutnon expressed concern about the project to delete three zeros from the Iraqi currency, which called for by the Central Bank of Iraq recently, saying that «the project would put particular strain the shoulders of the Iraqi citizens and raise the price of materials, particularly of food in the market is not subject to any control». While the central bank recently said that «the three categories consist of 200 dinars, which is equal to 200 thousand dinars at the present time and a 100 dinars, which is equal to 100 thousand dinars, and the category of 50 dinars, which is equal to 50 thousand dinars, in addition to the coin of the category of the dinar and Dinarin as well as half and quarter dinars and 100 fils and dirham ». but the citizens feared «re-experience the abolition currency small and put in place of another currency, and that was parallel to it, most likely, will not be dealt with at the level of traders, which leads to weakening and then cancel at the level of trading between citizens and between small traders and others» , confirming that the »Delete the zeros will cancel the usual small currency in circulation by the local class (250) such as rent, for example, transfer». Pointing out that «the category of (250) is one of the categories the task and traded heavily in the vegetable market of Iraq in particular», noting that they they adopt in the purchase of vegetables, seasonal «For example, the price per kg of tomatoes was recently (750) dinars, and like the islands, but onion has reached its price (500) BD », according to the saying. Member of the Finance Committee in the Iraqi Council of Representatives confirmed this by saying «the project to delete three zeros from the currency, according to the Parliamentary Finance Committee, will not lead to increase the value of the Iraqi currency, but the project was accompanied by significant inflation in the country, which would put particular strain the shoulders of the Iraqi citizen». . And called on the Attorney Najiba Najib to find the means and studies in order to strengthen the Iraqi currency, noting that the project to delete the zeros of the three will accompany high inflation in the country does not lead to the strengthening of the currency. . Noting that the Central Bank of Iraq is determined to implement the project under the pretext of restructuring, wondering about the feasibility of re-structuring of currency without increasing its value, citing the need to lay the foundations and studies by the Central Bank in order to increase the value of the Iraqi dinar against foreign currencies. And demanded that the parliamentary finance committee of the Central Bank to provide full studies on the project to delete three zeros to determine the negative and positive aspects of this project, in addition to that he needs new legislation and submitted to the House of Representatives for a vote, as a matter of the draft of the Iraqi people. Najib said that «the project needs to have plenty of time to implement it, and must develop a new mechanism and accurate by the central bank to ease the currency switch to the Iraqi people. Some economists believe that Iraq is ready for the time being to delete the zeros of the Iraqi dinar, pointing out that the project needs to be political and security stability as well as economic stability, but the Central Bank of Iraq, he had revealed his intention to put forward three categories significantly after deleting three zeros from the Iraqi dinar, pointing out that the process of replacing the currency will take two years and is committed to withdrawing them from circulation three stages. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told a press, said that «the Bank will present three classes a great addition to the categories of mineral, after the deletion of three zeros from the Iraqi dinar», indicating that «the process of switching would reform the system of currency management and ease of use» , and drew for that «the deletion of three zeros from the Iraqi dinar would shorten the number of banknotes of four billion and paper, which is equal to 30 trillion dinars exist in the Iraqi market to one billion and 800 million paper only», stressing that «the currency exchange will not affect the per capita income or wealth, or its contractual obligations ». Saleh pointed out that «the Board of Directors has approved the decision to delete the zeros after the completion of designs currency bearing the legacy of Iraq and its history and civilizations, as well as for discussion by the Financial and Economic Committee of the Council of Ministers», stating that «the bank waiting for approval by the Council to begin the replacement of the new currency and which must be with the new financial year and proposed by the Bank with the beginning of the year 2013 ». ا Salih stressed that «the process of replacing the currency will take two years to prevent any disruption in the process of delivery and receipt», pointing out that «the banks will continue to receive the old currency for ten years as rights, not for trading», and considered the Adviser to the Prime Minister for Economic Affairs in August 2011, that the lifting of zeros for Currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering with the economic,

Chairman of the General Economy Bank Husam Obeid importance remove Iraq from Chapter VII as a grant to the Iraqi banks to deal with the international banks. Ebeid said the news agency, that Iraq is still bound to item VII of the United Nations has an effect on the work of Iraqi banks being given a bad reputation in its external and international levels, thus causing the refusal of international banks to deal with Iraqi banks. Obaid pointed out that removing Iraq from Chapter VII is very important because it gives freedom to deal with international banks, particularly the States represented the UN Security Council, calling for a move towards the lifting of the Iraqi economy in order to promote and develop the work of Iraqi banks. However, «when his seventh item on the Iraq government banks mainly serve the basis that most private banks do not have sufficient means to reach deal with international banks». He added that the United Nations established in the siege of the Trade Bank of Iraq for the purpose of assisting the Iraqi economy and the revitalization of his bank, expressing his deep regret that the previous banking departments did not provide any service for private banks through the Trade Bank of Iraq.

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Jan 20 2012 The World Bank says it expects Iraq’s gross domestic product (GDP) to grow by 12.6 percent in 2012, and 10.2 percent in 2013, following a growth of 9.6 percent last year. If achieved, this would give a compound growth of 36 percent in just three years. This follows a downward revision of growth expectations for the world as a whole, with the global economy expected to expand 2.5 and 3.1 percent in 2012 and 2013 (3.4 and 4 percent when calculated using purchasing power parity weights), versus the 3.6 percent projected in June for both years

BAGHDAD (Reuters) - Iraq's Oil Minister Abdul-Kareem Luaibi in his new role as president of OPEC said he will visit Iran on Thursday to discuss oil market stability and seek Tehran's assurances on the protection of waterways and oil supplies. His comments on Wednesday follow recent threats from Tehran that it would stop oil moving through the Strait of Hormuz if sanctions are imposed on Iran's oil exports. "I will go to Iran to encourage our brothers to express real and important assurances to the world that everyone is keen to protect the waterways and to protect the process of production and export of oil in the region," Luaibi said. "Otherwise, anything less will affect the whole world and will affect the global economy," he said. He said Iraq was against the use of oil in politics and that OPEC was keen to seek stability in oil production and prices. Tensions over the Strait of Hormuz - the world's most important oil shipping route - have risen in recent weeks after Iran threatened to block it. Producers Saudi Arabia, Kuwait, Iran, Iraq and the United Arab Emirates all use it to move crude to customers around the world. The West is considering sanctions on Iranian oil exports over its disputed nuclear program. Iran has threatened to shut the Strait of Hormuz if its exports are disrupted. Asked if Iraq is worried that Iran will carry out its threat, Luaibi said: "The threats are not coming only from Iran. We have also European Union threats to ban Iranian exports and we will discuss both issues with the Iranians," Luaibi told reporters. Iraq exports about 1.7 million barrels of crude per day from its Gulf oil terminals. Oil revenues fund about 95 percent of its government budget. "Iraq is the best mediator in the region now as its regime has very close ties with Iran and has the ability to defuse the crisis," Baghdad-based oil analyst Hamza al-Jawahiri told Reuters. Luaibi added that Iraq will begin test-pumping crude oil through its new single-point mooring (SPM) in the Gulf on January 25 and the terminal will be ready to receive vessels in February. The opening of the terminal ultimately will add about 900,000 bpd to Iraq's export capacity. Two other SPMs will be brought online later in the year, Iraqi officials have said. "We will start pumping with low quantities and this will increase gradually," Luaibi said.