Tuesday, November 25, 2014

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Head of oil and energy Commission: The Oil and Gas Law Will Be Legislated in Near Future

24/11/2014 

Head of oil and energy Commission: The Oil and Gas Law Will Be Legislated in Near Future

BAGHDAD -  The Chairman of the oil and energy parliamentary Commission, Ares Abdullah confirmed the Commission's determination to resolve the oil and gas law in the near future.

He told the National Iraqi News Agency / NINA / today that "before the committee a lot of laws to legislate regarding oil and gas, and one of the priorities of the Commission is to resolve the oil and gas law, which departed from the previous parliament."

The MP for Arbil added, "There are laws with the jurisdiction of the Commission exclusively and there are other laws the commission is involved in the discussion and study with several parliamentary committees to finish them."

It is mentioned that there are laws departed from the previous parliament, including the oil and gas law. 

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Need to adopt the Iraqi dinar in local dealings, to raise the value of that currency against the US dollar

November 25, 2014

Economists: No reason to treat local companies Alajnah currency

Baghdad. Ahmed Mohamed stressed MPs and businessmen on the need to adopt the Iraqi dinar in local dealings, to raise the value of that currency against the US dollar, which contributes to the award of the national economy. 

Iraq is going through a financial crisis that threatens its economic future, according to observers, the result of spending Miliradt dollars on the war against terrorism, and the displacement of the population of the provinces of western and northern country to safe places in northern and central Iraq and the south, which calls on the government to follow the austerity policy, to address the significant shortfall in the annual budget public. 

He welcomed the academic and businessman that all domestic transactions be in Iraqi dinars, instead of the US dollar, adding that the import contract opens adopted the dollar, if the style payment based, though it is possible that the deposit be Dinars. 

Of the oil: the adoption price of $ 65 a barrel in 2015 budget

11/26/2014 

Of the oil: the adoption price of $ 65 a barrel in 2015 budget

BAGHDAD - As the crisis fluctuation of oil prices in international markets, which caused a deficit in the budget based on revenues countries continue, recommended to the Commission on oil and energy parliamentary adoption price of $ 65 per barrel in the preparation of the budget year 2015.

Although the organization "OPEC" meeting Thursday to study the situation of the oil market and contribute to the improvement and maintenance on oil prices, expectations and estimates refer to the continuing decline or stay the same price level until the middle of next year.

Many emerged on the scene and interrelated reasons led to the decline in oil prices since last August and up to now, by approximately $ 25. 

Member of the Commission on oil and parliamentary power, Dr. Ibrahim Bahr al-Ulum said the "morning" in this regard: "multiple main reasons, including intense competition between conventional and non-conventional oils, and levels of good production in the United States of unconventional oil (shale) Why competition is fair for the first time in the oil market as a light, along with the political conflict within OPEC, also led to supply over demand, although growth is weak demand in some major Asian countries.

Agree observers with a member of the Committee to the drop in oil prices recently undergone several including oil surplus for reasons which began to accumulate, estimated at about two million barrels, as well as a slowdown in global economic growth after periods of rapid growth between the years 2002- 2008, along with the changes witnessed by the United States of America of shale oil production and increase of up to 9 million barrels a day this year.

It is believed Bahr al-Ulum the inability of the organization "OPEC" to reach a solution to the problem and agree on determining the amount of production, what keeps the price fluctuation of an exhibition of about rates, or fall, likely at the same time not arriving for less than $ 70 to $ 65.

The committee recommended to the government and the financial parliamentary adoption of the barrel price of $ 65 in the preparation of the budget year 2015 to avoid damage expected. 

He predicted Bahr al-Ulum that Iraq is playing a pivotal role in OPEC if the enjoyment of political and diplomatic relations with Saudi Arabia and Iran (two axes essential to the organization and play an active role in the decisions of all with the State that are consistent with their policies) and to be a compromise between the two countries, which is expected during the past the next, as well as production growth in the oil market and compounded until the year 2020, and the expectations of owning a surplus of energy that will play a key role in the future.

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Received the second installment of the Japanese loan next month

11/26/2014 

Received the second installment of the Japanese loan next month

Within the $ 4 billion 

Baghdad delegates morning

The Ministry of Transport is preparing to receive the second installment of the Japanese loan during the month Almqubl.fima Ministry of Finance confirmed that the total Akiem Japanese loans for the country exceeded four billion dollars.

Media spokesman for the General Company for Ports of Iraq under the Ministry of Transportation spokesman Anmar net explained to delegate the "morning" (Batool al-Hassani), the first installment of the Japanese loan, received by the ministry last year and invested to purchase equipment and machinery as well as the development of part of the ports of Basra, noting that the second installment, amounting to 39 million and 118 000 yen will cover the costs of the reconstruction of the port sector, as part of which will be used to cover the drilling port of Khor Al-Zubair expenses.

For his part, the media source in the Ministry of Finance to the representative of the "morning" (Ahmed Abd Rabbo), the Japanese government of the early support of Iraq's economy countries by granting soft loans of up repayment rate to 50 years, which will contribute to the implementation of vital projects move the country's economy. 

He disclosed that the 19 loans granted to the country exceeded the values ​​of the four billion Dolar.ama head of the advisers in the Cabinet Thamer Ghadhban MacKay referred to the representative of the "morning" (Tariq al), that the committee monitoring the implementation of Japan's loan projects of more than four billion and 400 million dollars, recently reviewed the progress made by the labor-funded projects amounting to (20) project to support infrastructure in the country, including electricity, water, oil, ports, sanitation and irrigation.

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Obama Quietly Passing 3,400 New Regulations Before Thanksgiving while everyone focused on Ferguson

November 25, 2014

With Everyone Focused on Ferguson, Obama Quietly Passing 3,400 New Regulations Before Thanksgiving

Although the government and mainstream media perfectly timed the Ferguson grand jury decision to go off right after President Obama passed executive amnesty (which, magically, no one in the mainstream media is talking about anymore), it also works out well for the White House that this event transpired right before the upcoming holiday.

Why, you might ask?

Because the Obama administration has prepared, for the fifth time now, to oh-so-quietly release 3,415 brand spanking new regulations right before Thanksgiving while everyone just so happens to be totally distracted and focusing on the orchestrated civil disorder going on in Ferguson.

CLICK HERE FOR FULL ARTICLE

Ferguson – What Did You Expect? A Real Jury Decision? The System is Not Designed That Way

Thanks D ..

Ferguson – What Did You Expect? A Real Jury Decision? The System is Not Designed That Way
..
Unfortunately, this is as expected as the Missouri grand jury decided not to indict a white police officer over the fatal shooting of an unarmed black teenager in August. I have explained that this need not even be racist because the grand jury system has become a joke. The government only needs to present whatever evidence they want. There is no obligation to present all the evidence because the Supreme Court has ruled that the Grand Jury is NOT entitled to all the evidence, since the trial jury will correct any deficiencies. The problem – indictments are not rendered against government people and handed out like candy for their enemies.

*click here for full article

Parliament to raise its after tomorrow, Thursday and finished reading the first and second of four laws

Tuesday, November 25, 2014

Parliament to raise its after tomorrow, Thursday and finished reading the first and second of four laws

Baghdad - Majlis deputies ended its session held on Tuesday, led by Salim al-President of the Council and in the presence of 262 deputies for the first and second readings of the four bills.

According to a statement of the Council received by all of Iraq [where] a copy of which was "the beginning of the meeting followed the MP Rehab Alabboudh statement on behalf of the members of the House of Representatives on the occasion of the International Day for the Elimination of Violence against Women which stressed the importance of supporting women and alleviate the psychological and social suffering, referring to women's vulnerability to various types of violence at the hands of the ousted regime's now exposed women in the province of Nineveh, especially Alaesideat to the worst kind of violence and persecution Ksba, praising the role of the reference EP and the crowd in the Iraqi cities of cleansing Daash terrorists. "

It also followed the MP's victory Jubouri a statement, noting visit womanly delegation representative to Najaf to offer condolences Busby women of the house in the first of zero guarantees to meet the religious leaders who have expressed their categorical rejection of an assault on human dignity and their emphasis on women's right to build a community, pointing to visit References aims to raise awareness of the role of women and foster a spirit of fraternity, noting that what has happened in Sayeda Zeinab the peace was a human tragedy difficult calling for legislation that Islamic law today to combat violence against women, pointing out that what has happened in women from the captivity of an extension of what happened on the tenth of Muharram.

continue on to economics ..

Council of Ministers approved the rules of procedure, after years of procrastination Maliki

25/11/2014 

Council of Ministers approved the rules of procedure, after years of procrastination Maliki

Baghdad - An official source in the government said that the Council of Ministers approved at its usual Tuesday, its rules of procedure, and after years of procrastination former Prime Minister Nuri al-Maliki, in approval.

The source did not give additional details about the formula that settled disputes through the blocks, but he said "they had agreed on all points, and the rules of procedure is acceptable to everyone now."

Remained Maliki clings not to approve the rules of procedure, and refuses to urgent requests from other blocks, in order to give himself more freedom in government decision-making, what promise rivals unique in power, and the absence of rules and how to make decisions in the Council of Ministers, and promised that the constitutionality of a clear violation.

The adoption of this system, the commitment of the Government of Haider al-Abadi, the political agreement which produced his booth ministerial deal, which provided for the many reforms in the army and the judiciary and independent bodies, and in the same cabinet.

The "long" got a modified version of the semi final, the draft rules of procedure of the Council of Ministers, which is supposed to present to vote, and include the restructuring of the Secretariat and the Office of the Prime Minister and the important changes was evading including the former prime minister. She stressed the Liberal bloc earlier, that the amendments were minor on the draft rules of procedure, which included voting mechanism within the Council of Ministers, and the requirement of a majority of three-fifths to pass major decisions, and not to calculate the minister acting as he gets in the era of Nuri al-Maliki, and the granting of powers of the more effective Congress Prime Minister.

The tributary Jabouri, spokesman Haider al-Abadi's office, said earlier this month, "The Council of Ministers discussed the rules of procedure during its meeting held on the fifth of November," stressing that "Dr. Haider al-Abadi, face legitimizes within a time period not exceeding two weeks" in a reference to the need for further discussion on it. He Jabouri told the "long-Presse", that "an internal system of the Council of Ministers is part of the reform pledged by the current prime minister," stressing that Abadi "Egypt on the work of his council under this system."

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Iraq looking with Organization (IATA) International financial dues amounting to $ 200 million

24/11/2014

Iraq looking with Organization (IATA) International financial dues amounting to $ 200 million

BAGHDAD: The Iraqi Ministry of Transport, on Monday, discuss financial dues with the organization (IATA) International, which is estimated at more than 200 million dollars for transit Iraqi airspace for a period of ten years wages. 

The ministry said in a statement received by "tomorrow Press", "The Transport Minister Baqer al-Zubaidi search at Baghdad International Airport Terminal, today, with the Organization of IATA International delegation (IATA) Air Transport Finance receivables that Bzmtha the Ministry of Transport, which is estimated at more than 200 million dollars for wages crossing Iraqi airspace for a period of ten years ago, "noting that" 

According to the statement, al-Zubaidi stressed that "Iraq has sovereignty may not be the one to violate that sovereignty through procrastination in paying dues to Iraq after that resolved the outstanding issues with neighboring Kuwait and on the Iraqi Airways." 

Al-Zubaidi and pointed out that "there is a deliberate and clear from the Organization of IATA in it and we are hoping to resolve the issue as soon as possible and that the case was discussed in the Council of Ministers and Iraq can take right according to international laws and may not be put obstacles in front of Iraq's financial dues." 

The statement pointed out that "it was at the end of the meeting the formation of a joint committee between the Iraqi Civil Aviation Organization and IATA to resolve outstanding issues in the near future."

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Iraq .. Charge in banking Central Bank Director practices sabotage to disrupt the Iraqi economy

Tuesday, November 25, 2014 

Charge in banking Central Bank Director practices sabotage to disrupt the Iraqi economy

Accused Iraqi economic sources Director General of the banking and credit of the Central Bank Abdul Abbas Khalaf Sultan of blocking the growth of the national economy and take measures impede the work of banks and prevent the development and revitalization of the banking sector and taking real role in this area. 

The sources pointed in a statement to (writings) to the importance of the role that provided by the private banking sector in the national economy service as one of the motivating factors and supporting economic development through the provision of banking services to social segments all and that helps and provides vital support for various projects in the housing, industry, education, tourism and services sectors and trade and health, which requires the support of the banking sector by the official authorities, particularly the Central Bank of Iraq.

However, he said, and vice versa, some of the Iraqi Central Bank's policies toward the Iraqi private banks, which stands behind Abdul Abbas Khalaf Sultan Director General of the banking and credit prevent the development and revitalization of the banking sector and taking real role in this area. 

She explained that the Sultan has since assuming his duties Acting General Directorate of banking and credit impose a large number of fines, penalties and warnings for banks in the past is unparalleled in both the Central Bank of Iraq or his counterparts in the central banks in the world .. He also served on the move a number of lawsuits Criminal against a number of heads of boards of directors and managers of Commissioners banks to lawsuits related to money laundering proved the Iraqi judiciary Kidatha and lack authenticity. 

The sources revealed that the Sultan is also the prevention of a number of banks to exercise some banking activities that are already licensed their practice, including the banning from the auction window and prevention of issuance of letters of guarantee where you can not prevent banks from engaging in licensed activities to follow them, but when you cancel vacationed .. In addition to his serious provocation to the heads of the boards of Directors and Commissioners through brought to the Directorate General of banking and credit books carried the summons formula or recruitment which is the authority of the judiciary exclusively.

She noted that the Sultan practices of other non-responsible is to overlook the many irregularities in some of the Iraqi private banks and branches of some foreign banks, which he agreed personally to grant licenses its work in Iraq to rival Iraqi banks owners of the land and the money was in this overlooked a serious abuse of office tasks .. She He sought to create a strongly and fabricating crises between the Iraqi Central Bank and the private banking sector, which carry all the heads of gentlemen boards of Directors and Commissioners to submit their complaints to the actions on the Keywords Iraqi Central Bank Governor personally. 

The sources confirmed that the Sultan sought to create a big gap between the Iraqi Central Bank and government departments through the pressure on them to do the confiscation amounts of letters of guarantee for the projects are already under way and work, causing many of them stopped, which was reflected in the implementation of the overall economic plan.

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The start of the Islamic Cooperation Organization with the participation of Iraq and delegation conference

Snip "There will be two meetings, the first at the expert level, and over two days, and the second meeting will be at the ministerial level in the other two days, to sign the minutes of the decisions and discussions that took place at the expert level."

25/11/2014

The start of the Islamic Cooperation Organization with the participation of Iraq conference

Foreign Affairs and Trade said the Iraqi Ministry, on Monday, the Organization of Islamic Cooperation began acting the 30th session of the Economic and trade cooperation between the member states, and attend Iraq as part of a ministerial delegation and a government headed by the Minister of Commerce.

Media sources said, that: "The Organization of Islamic Cooperation began its meetings from today and ending Balthamn th of this month, with the participation of 55 countries, and will be chaired by the Iraqi delegation and Minister of Commerce Mlas Mohammed Abdul Karim, and includes representatives from the Zara T-commerce, finance, transport, agriculture, industry, minerals, and Tourism and Antiquities Authority National Investment as well as the Central Bank of Iraq. "

The director of the Department of Foreign Economic Relations at the Ministry Hashim Mohammed Hatem said in a statement, "It will be on the sidelines of the meeting schedule the views and proposals and comments to member states, to expand environmental trade between the member states of the Organization of Islamic Cooperation, and the advancement of the means of transport and communications and increase the productivity of the agricultural sector and food security, financial cooperation. "

Hatem said he will also be talking about "strengthening the role of the private sector in economic cooperation, and prepare for the meeting to exchange views on the role of the partnership between the public and private sectors for the development of the tourism sector."

"There will be two meetings, the first at the expert level, and over two days, and the second meeting will be at the ministerial level in the other two days, to sign the minutes of the decisions and discussions that took place at the expert level."

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House of Representatives begins next Sunday leave for a month

Tuesday, 25 November 2014 

House of Representatives begins next Sunday leave for a month

BAGHDAD - said the House of Representatives decision Niazi Ihsanoglu, on Tuesday, the House of Representatives will begin next Sunday legislative recess, according to the Constitution, which Temtemd 30-day, stressing that the three important files will be on the first next chapter Legislative hearings schedule. 

He Ihsanoglu's (IMN), "The Legislative Chapter I of the House of Representatives ends with the beginning of next week, and will begin the legislative council Batlth next Sunday, which extends 30-day, according to the Iraqi constitution." 

According to the Iraqi constitution, the parliamentary session, which extends for four years consists of four chapters and the right to take leave of the Council of 30 days at the end of each chapter, and the right of the Council to reduce the legislative vote of its members across the leave. 

Ihsanoglu pointed out that "questioning by Deputy Prime Minister Saleh al-Mutlaq and vote on the final accounts for 2014 and discuss the 2015 budget will be the most prominent file three files are discussed in the Council in its first meeting after the end of the legislative recess." 

It is expected of the House of Representatives of many important laws, including oil and gas law, and the law of infrastructure carryover from the previous two parliamentary sessions, and a number of international agreements in the economic and security fields legislation. 

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