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  1. updated 8/8/2010 5:50:04 PM ET Share Print Font: +-WASHINGTON — Iraqi political leaders are likely to make headway in forming a government ahead of a Sept. 1 date for the United States to end combat operations in the country, the U.S. commander in Iraq said Sunday. Iraq has been in political limbo since an inconclusive March 7 election as Shiite, Sunni and Kurdish political factions have failed to agree on a new government in five months since the vote. "I think we'll see some first steps toward forming a government by 1 September," U.S. General Ray Odierno told ABC's "This Week" program without elaborating on what those steps might be. Odierno also said he was confident that Iraqi forces, helped by 50,000 U.S. troops that will remain in Iraq after Sept. 1, can overcome attacks by people trying to take advantage of the political stalemate. U.S. troop levels in the drawdown of forces are not linked to the formation of an Iraqi government, Odierno said. "Our numbers are linked to the capacity that the Iraqis -- of the Iraqi security forces being able to sustain stability -- and I think they are moving toward that capacity," he said. The United States currently has just under 65,000 troops in Iraq. It had close to 150,000 at the height of the conflict. Related content Car bombs hit Iraqi cities of Ramadi and Falluja Baghdad's traffic cops are on militants' hit list ..Odierno credited the Iraqi security forces with staying "neutral" and "very professional" in conducting their duties while competing political factions struggle to put together a government. The 50,000 U.S. troops that will stay in Iraq after Sept. 1 will represent a "significant presence" to help the Iraqi military against militant forces, including al Qaeda in Iraq, whose capabilities have been worn down by the allies, he said. "Their ability to surge and do this over a sustained period of time is limited, and that's due to a lot of the work of the Iraqi security forces, working with us to conduct these operations," Odierno said. Copyright 2010 Reuters. Click for restrictions.
  2. PR/2010/5 29 April 2010 PRESS RELEASE GOVERNING COUNCIL OF UNITED NATIONS COMPENSATION COMMISSION CONCLUDES ITS SIXTY-NINTH SESSION AND PAYS OUT US$590 MILLION The Governing Council of the United Nations Compensation Commission, under the Presidency of Ambassador Christian Strohal (Austria), has today concluded its sixty-ninth session. At this session, the Council elected Brazil as one of the Vice-Presidents of the Governing Council. Brazil replaces Costa Rica which held vice-presidency for the period 2008-2009. Japan currently holds the other vice-presidency. Representatives of Kuwait and Iraq addressed the fifteen-member Governing Council at its opening plenary meeting. At the session, the Council considered a report from the Executive Head of the UNCC Secretariat on the activities of the Commission since the last session; and a report on distribution by Governments and international organisations of payments to successful claimants, the transparency of the distribution process, and the return of undistributed funds. The Council also heard a briefing from the Secretariat on the progress made to date by participating Governments under the Follow-up Programme for Environmental Awards as established by decision 258 (2005). The Programme was established to monitor the implementation of approximately $4.3 billion of environmental remediation and restoration projects being undertaken by the Governments of Iran, Jordan, Kuwait and Saudi Arabia with funds awarded under the F4 category of claims to ensure financial transparency and technical reasonableness. The Council decided to hold its next regular session from 9 to 11 November 2010. Today, the United Nations Compensation Commission also made available a total of $590,000,000 to the Government of the State of Kuwait for distribution to nine successful claimants. Payment is being made in respect of 5 claims in category E (claims of corporations and public sector enterprises) and 4 claims in category F (claims of Governments and international organizations, including environmental claims). Under decision 267 (S/AC.26/Dec.267 (2009)), the nine remaining category E and F claims, all awarded to Kuwait, are paid on a quarterly basis in rounds of $10 million, in the order in which they have been approved. This payment brings the overall amount of compensation made available to date by the United Nations Compensation Commission for successful claims of individuals, corporations, and Governments and international organizations to $29,498,814,044. This leaves an outstanding balance of approximately $22.9 billion that remains owing to Kuwait. Successful claims are paid with funds drawn from the United Nations Compensation Fund, which is funded by a percentage of the proceeds generated by the export sales of Iraqi petroleum and petroleum products. This percentage is currently at 5 per cent in accordance with paragraph 21 of Security Council resolution 1483 (2003). Further information about the Commission, including the text of Governing Council decisions, can be found on the United Nations Compensation Commission website located at www.uncc.ch. http://www.uncc.ch/pressrel/69%20close%20and%20payment.pdf
  3. http://www.cbi.iq/documents/CBILAW-EN_f.pdf or this link http://www.cbi.iq/documents/banking_law_f.pdf
  4. Abdul Karim al-Samarrai: Federal Court did not give a decision, it gave an explanation بتاريخ : الإثنين 19-04-2010 01:12 صباحا Date: Monday 19/04/2010 01:12 And a brother - Baghdad قال القيادي في القائمة العراقية عبد الكريم السامرائي ان اغلب الكتل السياسية فهمت تفسير المحكمة الاتحادية تفسيرا خاطئ . Said the leader of the Iraqi List, Abd al-Karim al-Samarrai said most of the political blocs understand explanation of the Federal Court's interpretation is wrong. وتابع السامرائي في لقاء متلفز ان ما صدر عن المحكمة الاتحادية هو تفسيرا للمادة وليس قرارا ، موضحا ان الكثير من الشخصيات السياسية اقرت بان تشكيل الحكومة هو من حق القائمة العراقية. He Samurai in a televised interview that what was issued by the Federal Court is the interpretation of the material and not a decision, pointing out that a lot of political figures, acknowledged that the formation of the government is the right of the Iraqi List. http://translate.googleusercontent.com/ ... 3XqAUjkmHg Osama Nujaifi for ((brother)): the list that will shape the Iraqi government will not accept any transgression of the Constitution بتاريخ : الإثنين 19-04-2010 01:18 صباحا Date: Monday 19/04/2010 01:18 And a brother - a special اكد عضو القائمة العراقية اسامة النجيفي ان القائمة العراقية هي التي ستشكل الحكومة القادمة . A member of the Iraqi List Osama Nujaifi that the Iraqi List, which will form the next government. واضاف النجيفي في تصريح خاص لوكالة خبر للانباء ((واخ)) ان القائمة العراقية هي من بادرت ودعت الكتل السياسية الى تشكيل الحكومة وتابع ،ان القائمة العراقية لن تقبل باي تجاوز على الدستور لان الانتخابات افرزت فوز القائمة العراقية ، مشيراالى ان رأي المحكمة الاتحادية هو تفسير وليس قرار وهو غير ملزم . He Nujaifi in a statement to the Agency news news ((brother)) The Iraqi List is initiated and called for political blocs to form a government and continued, the Iraqi List will not accept any infringement on the constitution because the election has produced a list wins Iraq, hinting that the opinion of the Federal Court is the interpretation of and not the decision is not binding. http://translate.googleusercontent.com/ ... FgfA-MHl2g
  5. For those who are wondering about the Political Parties and what each one is and how many votes they got in the recent elections. here you go. http://www.globalsecurity.org/military/world/iraq/party.htm
  6. Long article but if you have the time it is a very interesting and informative read. http://www.cfr.org/publication/21755/after_the_elections.html?breadcrumb=%2Fregion%2F405%2Firaq
  7. http://thegovmonitor.com/world_news/united_states/a-look-at-contenders-for-prime-minister-of-iraq-27718.html
  8. Office of Financial Supervision, explaining that the numbers of import of goods and cargo entering the country through the customs, to coincide with the sales of auction of foreign currency at the central bank and the above statement carries the responsibility of the Central Bank and commercial banks, all including banks, the government itself and affiliated to the Ministry of Finance and would like the Central Bank in this regard to clarify the following: - The Microcredit T are building a path of stability in this transitional phase and difficult experienced by Iraq sought to provide a stable climate that attracts growth began Baktall cash becomes today a strong and solid at every fair-minded people of our people, stressing the following: First: The auction of foreign currency and means of indirect monetary policy impact on the cash basis of the country in order to control overall spending, or demand generated by current expenditures, particularly the general budget and inflationary pressures them, as they lead the auction three objectives: 1 - It is a tool of central bank intervention in the exchange market to stabilize the value of the dinar By the Iraqi defense of the equilibrium exchange rate, which reflected positively on the overall level Prices, especially of goods produced and imported production inputs and strengthen the export base This is actually scored, after they entered the country in price levels is such that a stable inflation . Fundamentally there is no% v infected at the present time 6% after it increased the annual rates of 34 2 - as a means Ltt ud indirect tools of monetary policy in the management of liquidity and control over the economy Mnasebha, is a case of the application of open market operations Required a continuous basis to achieve balance in the money market and strengthen the prospects for stability Where the financial. 3 - It is an important source of financing private sector trade of goods and services needed by the market Iraqi and funded essential. Second: Although the sales of foreign currency in the auction in question is not limited to the financing of a T Seradalsla and goods and proceed as well as to import paragraph wide range of services that can not for the records of customs demonstrate in addition to the domestic demand for foreign currency investments by the banks in that currency by 20% of their capital within the regulations, regulatory And regulatory acts adopted, the n of your CBI confirms that the monetary policy adopted in the conduct of an auction of foreign currency is not directly responsible for all business activities of import of goods and services outside the scope of funding. Third: that the functions of the central bank oversight in the management of an auction of foreign currency Tnhs t in the fight against economic crimes is strictly related to combating money-a of money, money, crime and terrorism and not the Central Bank other important in generating a hostile environment of economic freedom, including free e j to convert the outside environment that breeds stability Economic enshrined in the Constitution that were deprived in the country over more than forty years and Makhalafth of catastrophic consequences on the lives of Iraqi society and the individual and encouraged the flight of capital across national channels mysterious repression. Fourth: Central Bank of Iraq and to the extent that monitors the movement of financial flows within the country and out, he finds the economic phenomena of natural help maintain the financial system fixed based on market competition and generates at the same time integrated m Rguba in the financial market International, open and wide in banking with the world. In spite of that, the funds and flows should be to Atafee deepening of surveillance and the disclosure that the movements of the funds are legitimate legal and does not contravene the law against money laundering and money, crime and terrorism, or even evasion of forms other obligations with the government authorities Kolajhzp tax, financial or Mkhalvpaltalimat and regulations, regulatory issued by the Central Bank of Iraq, which is also determined, for example, amounts Astosmaralmassarv its money abroad, which represents another form of the flow of local capital out of the country. Fifth: that any restriction of these outflows not only helps to generate a black market suspicious At the same time encourage the phenomenon of capital flight abroad, but through illegal channels and other channels of non-bank mysterious. It is demeaning In all cases of direct oversight capacity increases at the same time the cost and burden Indirect regulatory processes. As well as generating financial environment weakens the negative climate Foreign investment in Iraq to encourage the flow of t to misuse of foreign funds into the inside And integration with the international financial system and intersect with at least the principles that came out . A Guenon Investment No. 13 of 2006 to provide a ISV CBI intervention of the mystery of his policies aimed at economic stabilization and accelerate Altnm are and improve the chances of a market economy, he finds the report of the Audit Court was referring to the statement of the Ministry of Finance motivated biased neutral regulatory We promised from the Office of the said since its inception reflects Tse a Q deliberately taking advantage of the transitional period the current political for the country to make waves economic purposes unknown lead to hit the economic stability achieved by monetary policy and the successes attendant over the past years and the introduction of the country in economic chaos for Athmd consequences. Second: Although the sales of foreign currency in the auction in question is not limited to the financing of a T Seradalsla and goods and proceed as well as to import paragraph wide range of services that can not for the records of customs demonstrate in addition to the domestic demand for foreign currency investments by the banks in that currency by 20% of their capital within the regulations, regulatory And regulatory acts adopted, the n of your CBI confirms that the monetary policy adopted in the conduct of an auction of foreign currency is not directly responsible for all business activities of import of goods and services outside the scope of funding. Third: that the functions of the central bank oversight in the management of an auction of foreign currency Tnhs t in the fight against economic crimes is strictly related to combating money-a of money, money, crime and terrorism and not the Central Bank other important in generating a hostile environment of economic freedom, including free e j to convert the outside environment that breeds stability Economic enshrined in the Constitution that were deprived in the country over more than forty years and Makhalafth of catastrophic consequences on the lives of Iraqi society and the individual and encouraged the flight of capital across national channels mysterious repression. Fourth: Central Bank of Iraq and to the extent that monitors the movement of financial flows within the country and out, he finds the economic phenomena of natural help maintain the financial system fixed based on market competition and generates at the same time integrated m Rguba in the financial market International, open and wide in banking with the world. In spite of that, the funds and flows should be to Atafee deepening of surveillance and the disclosure that the movements of the funds are legitimate legal and does not contravene the law against money laundering and money, crime and terrorism, or even evasion of forms other obligations with the government authorities Kolajhzp tax, financial or Mkhalvpaltalimat and regulations, regulatory issued by the Central Bank of Iraq, which is also determined, for example, amounts Astosmaralmassarv its money abroad, which represents another form of the flow of local capital out of the country. Fifth: that any restriction of these outflows not only helps to generate a black market suspicious At the same time encourage the phenomenon of capital flight abroad, but through illegal channels and other channels of non-bank mysterious. It is demeaning In all cases of direct oversight capacity increases at the same time the cost and burden Indirect regulatory processes. As well as generating financial environment weakens the negative climate Foreign investment in Iraq to encourage the flow of t to misuse of foreign funds into the inside And integration with the international financial system and intersect with at least the principles that came out . A Guenon Investment No. 13 of 2006 to provide a ISV CBI intervention of the mystery of his policies aimed at economic stabilization and accelerate Altnm are and improve the chances of a market economy, he finds the report of the Audit Court was referring to the statement of the Ministry of Finance motivated biased neutral regulatory We promised from the Office of the said since its inception reflects Tse a Q deliberately taking advantage of the transitional period the current political for the country to make waves economic purposes unknown lead to hit the economic stability achieved by monetary policy and the successes attendant over the past years and the introduction of the country in economic chaos for Athmd consequences.
  9. However, i also found the smae information posted on January 30th, 2010. So not sure how good this information is in relevance to the Dinar. http://www.blackanthem.com/News/Military_News_1/Iraqi-dinar-to-protect-Soldiers-stimulate-local-economy_printer.shtml
  10. Here is the link that i found............http://www.army.mil/-news/2010/02/03/33906-use-of-us-dollar-in-iraq-being-reduced-to-stimulate-local-currency-economy/
  11. Baghdad / follow-up to the East: The CEO of the Iraqi market for securities, that the decline in stock prices in the stock market during the past two weeks, was the result of lower earnings expectations of investors, especially in the banking sector, as well as the security situation in the capital of Baghdad. He said Taha Ahmed Abdul Salam, that the reasons for decline in stock prices in the Iraqi Stock Exchange due to "profit forecast achieved in the joint-stock companies after the end of the year Aalmalip last year," as the investor, "" The performance results of the four chapters of the companies in 2009 and began Itkadir earnings results achieved and distributable. "The Iraqi Stock Exchange has seen two weeks two consecutive declines slightly to close at 92.8 points during the meeting last Thursday (28 / 1), down from 89.7 points two weeks ago. Abdulsalam noted that the investor "to expect lower profits, the banking sector, especially in banks that were not paid tax remittances to previous years "and that" attacks in the capital Baghdad, has affected one way or another on the prices of stocks, especially on the hotel sector. " He added that Abdul Salam there are other reasons for the decline, "Shares often to see the end of each year and the beginning of a new kind of routine and there is no clear change in prices," said afterthought, "but by the first quarter of each year and then start-up companies to announce earnings and the results its work for the past year and months of the current year, stock prices begin to move as positive results positively or negatively by the results of the business is positive. " Iraqi Stock Exchange and the complexity of five weekly sessions from Sunday to Thursday, and the number of joint stock companies in which 91 companies of which 81 are listed electronically
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