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  1. Urgent .. National Alliance decides to hold an important meeting him on Saturday Thursday, April 19 / April 2012 22:06 [baghdad - Where] The political body of the National Alliance held its meeting on Saturday. A source at the National Alliance, told all of Iraq [where] that "the meeting of the political body of the National Alliance will hold an important meeting on Saturday at seven minutes and 30 pm at the home of President Ibrahim al-Jaafari coalition and the presence of Prime Minister Nuri al-Maliki." "The themes that will be included in the meeting is a forum of national and political developments and the Court of Cassation." It was scheduled to hold a National Alliance meeting on Wednesday to study the overall political situation and the most important of the early convening of the national meeting as well as to discuss the controversial issues occurring between the Kurdistan Alliance and the Iraqi List, in addition to activating the role of the National Alliance in the political process. But he was postponing the meeting until further notice at the request of one party to the alliance. The political scene disagreements and debates great especially between the Kurdistan Alliance and the rule of law because of recent remarks by Vice Farhad Atrushi, who accused the government of smuggling oil across Jordanian territory to Israel and the Iraqi List and the rule of law because of the implementation of the terms of the Erbil and the issue Hashemi and al-Mutlaq. Ended . If the link doesn't take you directly to the article you can just scroll down on the RIGHT hand side under "Latest News" on the site and you should find it there.
  2. US Newspaper reports: Buy 10 thousand Iraqi dinar notes for the time being to achieve financial gain Promised economic sources of investment in the currency that the way the manual to gain a large amount of money to be gained by investing in buying the Iraqi dinar. The newspaper (Yersn Mirzak – America) there are things you should know to enter the market include the knowledge of Iraqi dinar exchange rate and to realize the conditions market and should be cautious when buying Iraqi currency as the currency market is full of fake money traders and counterfeiters. Value of the currency of ten thousand Iraqi dinars low at the present time, but when are invested reserves of Iraqi oil will rise to the value of a very high level so it is advisable to purchase a ten thousand dinars now and sell when its value increases may take Iraq years to raise the value of its currency but it is best to buy a ten thousand dinars at the moment, that there could be difficult to buy them later. http://translate.googleusercontent.c...QB0wisHqUXV8qA
  3. The head of the Liberal: the Iraqi economy will improve after the departure of U.S. troops from Iraq The head of the Liberal parliamentary Bahaa al-Araji, at a conference in the House of Representatives with the various Iraqi political blocs and the host central bank governor, “Shabibi” that the Iraqi economy will improve after the departure of U.S. troops from Iraq. Araji said the reporter (and independent Iraqi news agency) “that there are four important things were discussed with the Governor of the Central Bank of Iraq’s economic future, first after the occupation and how to restore economic activity through the profits to be provided by the Iraqi economy. Saying was “discussed the possibility of the distribution share of the oil to the Iraqi citizen. Noting “that the governor welcomed this proposal and prepared to cooperate to achieve this important project. Adding, “discussed the private banks and retail banking, remittances, and how to adjust and with great regret we received information that there are points of a terrorist group and Saddam’s Baath The control of these banks. He explained” were discussing these things because we are at the doors of the liberation of Iraq and return of Iraqi sovereignty, even to Anattiy way for terrorists. He said al-Araji said the most important matter which has been discussed is to delete the zeros of the Iraqi currency and the pros in this project. Stressing that “the world view to the Iraqi dinar because of the loss of sovereignty would be a diminution of the dinar and the evacuation of troops will raise the value of Iraqi dinar.
  4. Talabani demands more U.S. investment in Iraq 20/09/2011 09:58 Erbil, Sep. 20 (AKnews) - Iraqi President Jalal Talabani wants the United States to urge American companies to invest in Iraq. In a meeting with U.S. Ambassador James Jeffrey and the Commanding General of the U.S. Forces, Lloyd Austin, yesterday, President Talabani stressed the bilateral economic relations to serve the common interests of the people of Iraq and the United States. The office of President Talabani issued a written statement about the meeting. The United States have been supporting American companies for a long time to come and do business in Iraq. In May, U.S. Secretary of State Hillarious Clinton urged companies to invest in Iraq. Iraq could be an interesting market for U.S. companies, Clinton said, pointing out that Iraq has one of the largest customer bases in the Arab world and is projected to grow faster than China in the next two years, according to the International Monetary Fund (IMF). “But we see too few American companies alongside our soldiers and our diplomats”, Clinton criticized. U.S. companies are reluctant to invest in Iraq which is “looking to rebuild every sector of [its] economy, not only [its] oil sector but agribusiness, transportation, housing, banking, and many others.” Iraq is dependent of foreign companies in order to rebuild its infrastructure, especially in the fields of transportation, electricity and agriculture. Edited by Abdullah Sabri RN/CU/AKnews
  5. Citibank Press Release: Citi’s Worldlink Payment Services Stays Ahead of Curve for Exotic Currency Payment Capabilities (RBM, IQD) Posted: September 21, 2011 PRESS RELEASE Sept. 21, 2011, 9:00 a.m. EDT Citi’s Worldlink® Payment Services Stays Ahead of the Curve for Exotic Currency Payment Capabilities TORONTO & NEW YORK, Sep 21, 2011 (BUSINESS WIRE) — Citi today announced that its Global Transaction Services unit has continued to make enhancements to its WorldLink® Payment Services capabilities for making payments in exotic currencies, such as the Chinese Renminbi (RMB) and Iraqi Dinar (IQD). In addition, WorldLink has developed its network to support current and future exotic currency offerings. These enhancements allow for significant reductions in settlement time, increased visibility of important transactional details and a reduction of volume capacity against exotic currencies. CHINESE RENMINBI The controlled liberalization of the Renminbi (RMB) in 2009 by the People’s Bank of China (PBOC) had been a long anticipated opportunity in the continued globalization of the world economy. Since then, the Chinese government’s continued expansion has allowed WorldLink Payment Services the opportunity to further develop its capabilities in making cross-border payments in RMB. Earlier this year, in January 2011, Citi announced how the regulatory reforms enabled it to significantly reduce the settlement timeframe for receipt of RMB payments to beneficiaries. Because the currency was so heavily restricted, special processing measures were put in place to accommodate the regulations. These measures increased the average receipt time of payments to beneficiaries. Utilizing WorldLink’s unique intelligent distribution capabilities, payments to approved corporations in China could now be received by the beneficiary in as little as two business days and without any volume restrictions — a significant benefit to clients. At that time, RMB payments could only be made to approved corporations. In August 2011, further extension on the scope of RMB settlement was announced by the PBOC. In effect, WorldLink clients can now make RMB payments to a corporation (for the trade of goods) in the whole nation of China, without the requirement of the corporation being approved — in other words, a Mainland Designated Enterprise (MDE). As a result of this, clients have a broader opportunity for which they can now send RMB payments to China, allowing their beneficiaries to gain from faster settlement times and giving themselves increased visibility of the payment and foreign exchange. IRAQI DINAR WorldLink® Payment Services has been making IQD payments on behalf of selected clients since 2006 adding to the exotic currencies suite. With the success established over five years, WorldLink has differentiated itself by having local expertise and strong banking relationships in Iraq. WorldLink is now offering IQD payments as a fully developed and proven offering to all relevant WorldLink clients. While the US Dollar remains a widely accepted currency in Iraq, Citi’s cross-border payments specialists anticipate that IQD payments will gain an increasing foothold in support of foreign direct investments. “Making payments into new countries doesn’t have to be risky or intimidating for clients; the liberalization of markets especially those in the Middle East and Africa are going to undoubtedly change the global economy in the near future. Providing payment options in local currencies is just one step towards building solutions for our clients looking to do business or invest further in these markets.” said, Michael Vallance, Global Head of WorldLink® Payment Services at Citi. To remain focused on exotic currencies with a view to further enhancements, WorldLink Payment Services has expanded its network to fully optimize the current exotic currency offering. This expansion will see a greater capacity for current exotic currencies and will provide the opportunity in the future to bring to market new currency offerings Vallance continued, “The payments landscape is changing rapidly and we are watching governments realize the power of their local currencies. It has become imperative to prepare as the shift from the traditional world currencies is being hedged by rising local currency payments. Adding capabilities to bolster cross-border payments capabilities in exotic foreign currencies is a necessary step, not just for Citi, but for any payments provider who is looking to keep pace with expanding client needs and globalization.” For over 25 years, WorldLink Payment Services has successfully enabled Citi’s clients to issue payments in more than 135 currencies, by leveraging an existing network of over 225 partner relationships and accounts WorldLink makes over 30 million payments annually with a value of 750 billion US Dollar equivalent. The WorldLink solution is a convenient non-account-based product, offering multicurrency payment solutions for corporations, financial institutions and public entities. Supporting over 4,000 currency pair conversions, WorldLink provides transparent flexible foreign exchange options which are bundled with the most comprehensive distribution network of any international cash management service provider globally. Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the second quarter of 2011, it held on average $365 billion in liability balances and $13.5 trillion in assets under custody. About Citi. Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at | Twitter: @Citi | YouTube: | Blog: | LinkedIn: SOURCE: Citigroup Inc.
  6. Iraq committed to UN obligations in order to find a way out of CH VII Posted: September 16, 2011 Iraq said on Thursday it was committed to carrying out its outstanding obligations in order to find a way out of the UN Charter’s seventh chapter, on financial boycott. The position was announced by Iraqi Foreign Minister Hoshyar Zebari, who received US Deputy Secretary of State William Burns at his office, according to an official Iraqi statement. The two sides discussed Iraq’s obligations towards the international community and its relations as a result, in addition to the need to continue its path towards a safe exit out of the UN sanctions. The two officials also discussed US-Iraqi relations, Iraq’s position on matters related to nearby regional developments and the need for a productive partnership in bilateral relations based on mutual interest. Burns had earlier met the Iraqi President, Jalal Talabani and Prime Minister Nouri Al-Maliki, during which discussions focused on Middle East political developments.[/b][/b]
  7. Iraq and Chapter 7, U.S. Strategic Framework Agreement ~ Iraq and Kurdistan Working on Obligations to Get Out From Under Chapter 7 Posted: September 16, 2011 While confirming President Jalal Talabani, the need to strengthen frameworks, strong friendship between Iraq and the United States, stressed Prime Minister Nuri al-Maliki on the need for continued cooperation between the two countries in all areas within the strategic framework agreement. This came during a meeting in separately in Baghdad yesterday with Deputy U.S. Secretary of State William Burns. He said a presidential statement received «morning« copy that Talabani stressed during the meeting: »the importance of expanding relations between the parties and that the United States continues to support the new Iraq, especially that this step will be channeled in the interest of the two peoples and Riqehma «. With regard to developments in the political arena, said President of the Republic that he is pushing ahead with his efforts to provide a climate conducive and encouraging to soften the atmosphere down to the implementation of existing agreements between the political blocs and the development of the political process in the country, according to the statement. In the center of the last meeting , said the statement had been an exchange of views on the events and developments in the Middle East, as Talabani stressed the importance of it flows into the changes in the interest of the march of democracy and openness in the Middle East and its peoples yearning for freedom and democracy. For his part, Burns «the importance of the continuation of President Talabani in his special session with the political parties and encourage them to dialogue and communication for the development of joint action and national partnership that will support stability, progress and prosperity in Iraq », reiterated his country’s commitment to supporting the Iraqis and their political process and their experience of democracy, the statement said. To that stressed Prime Minister Nuri al-Maliki during a meeting with Burns, the need for continued cooperation between Iraq and the United States in all areas within the strategic framework agreement. A statement by Maliki’s office received a «morning« copy of it: that Burns reiterated his country’s support for the Iraqi government in all efforts to maintain Iraq’s stability and prosperity, and build a genuine partnership in all areas, in addition to the subject of arming and training Iraqi forces, also presented a vision of his country about the current situation in the region. He said Maliki, according to the statement: «the need to meet the demands of the masses calling for the arbitration will of the people and the granting of freedoms and continue the dialogue in accordance with peaceful means«. For his part, search House Speaker Osama Najafi with Undersecretary of the Ministry of State for Political Affairs William Burns ways to develop bilateral relations. A statement by the Office of Najafi received a «morning» copy of it: »that the two sides discussed ways to develop bilateral relations in the fields of development and life and scientific«. He added: »The Forum touched on the themes relevant to the Iraqi issue and the issue of regional and whole region «. Also reviewed and Foreign Minister Hoshyar Zebari with Burns relations, Iraq – U.S. and the vision of Iraq to the latest developments and developments of Arab and regional issues. The Web site of the Patriotic Union of Kurdistan (PUK) had been in the meeting dealt with relations and Iraq’s obligations towards the family International and complete the march out of the provisions of Chapter VII. The two sides affirmed their keenness to «achieve constructive partnership in the bilateral relations based on common interests.[/size][/size][/size]
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