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6pm, November 12th, 2012  

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The posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
Shabibi / Ration Card / Chapter VII Discussion - Post By Dinar Alert
Cruiser and I4U Members Chat Monday Morning
Terry K & GET Member Chat
Shabibi & Maliki Discussion - Post By Dinar Alert
Intel4U Members Chat, Thoughts, and Opinions
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Taxes & More Taxes
The posts shaded in green are on our Iraqi News page
The below posts were in our 6pm email
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[Fresh] Kuwaiti official: Iraq would emerge from Chapter VII is soon Guessed Council support Kuwaiti-Iraqi relations yesterday that the vote of the United Nations on the liberation of Iraq from Chapter VII early next year through an Iraqi request -

Kuwaiti, and stressed that Kuwait informed the International Foundation in collaboration Iraq fully in this area, noting that the Kuwaiti Prime Minister will sign a protocol final in this regard when visiting Baghdad early next month, while MPs expressed their welcome exit Iraq from international sanctions, stressing that the debt need to be approved by the National Assembly to repeal or reduction.

The head of the Council Hamoud Al-Khalidi in an interview (range Press), "The first month of the year (2013) will see an end to all outstanding issues between Iraq and Kuwait," noting that "Kuwait has completed its mission and handed United Nations documents full remove Iraq from Chapter VII."
,,


11-12-12 4aprofit: In my opinion, and I could be wrong but I see them letting the Iraqi Dinar fall a little here lately off and on (actually I like it, and think it is a good sign) as per being a "controlled and contrived event.

" No different than the "artificially controlled rate" of the Iraq Dinar for the last appx. 3 years or so, after the dinar climbed upwards for the first 7 years or so (and this was while they were nowhere near as stabilized, while now, companies worldwide are moving in).

Think about it. If the dinar were to be going up, even a little at all at anytime, especially as we possbily near the end of this ride (if we actually are) it would be a sign that it would be a good investment possibly.

At least to some and would be in line with, and match all the progress happening over there monetarily (and there has been investments for oil and infrastructure in the trillions of dollars at that).

This IMO is the perfect smokescreen to deter speculators, and to smoke out the ones that are contemplating this as an investment and it even gets some to sell.
...


Streaming Updates Call - Nov 12th (11am CST) with BGG and guests - Just click on the "Straight Talk Radio" banner and listen  LINK
,,
stlou (10:14:27): first reading..done

guardian: yes...good work, now just the 2nd and the vote
stlou: they are in a rush guardian..  vacation time coming..

guardian: hmmmm because they want the new rate available Jan 1st?
stlou: could be..

guardian: that's what i'm hoping for
stlou: now..this other article referring to 150 signatures in parliament for the mandate of the PM I find very interesting..

guardian: i wonder if they are trading in the 250s and 100s now, suppose to the first part of Nov what is that about stlou?
...


[..OKIEOILMAN] GOOD AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. TODAY IS NOVEMBER 12 DESIGNATED AS VETERAN'S DAY. WE SELDOM CONSIDER THE FACT THAT EVERY DAY WE SHOULD THANK ALL THOSE MEN AND WOMEN WHO HAVE SERVED OUR COUNTRY. ALL OF WHICH HAS GAVE SOME AND SOME WHO GAVE ALL. WHILE THOSE LIKE MYSELF ARE STILL AROUND TO REMEMBER THE FUTILITY OF WAR, SOME WAS NEVER PERMITTED TO SEE THE ACCOMPOLISHMENTS THAT THEIR SACRIFICE SERVED.

WE NEVER SEEM TO LEARN THAT WAR IN THE END NEVER REALLY SERVED MUCH OF WHAT WE WERE TOLD THE INITIAL CONSQUENCE WAS TO BE AND THE REASON THAT WAR WAS NECESSARY. IN THE WAR IN WHICH I SERVED WE WERE TOLD THAT OUR FIGHT WAS TO KEEP VIET NAM FROM THE COMMUNIST FROM TAKING OVER THE COUNTRY.

THE EVENTUAL RESULT---WAS WE WERE POLITICALLY KEPT FROM WINNING A WAR WITH OUR HAND'S TIED BEHIND OUR BACK'S ,THE ONLY WAR IN WHICH THE U.S.A. WAS LITTERALY RAN OUT OF THE COUNTRY. INSTEAD OF LETTING OUR MILITARY LEADERS ACTUALLY ON THE GROUND CONTROL THE BATTLE'S WE WERE HAM-STRUNG BY POLITICAL DECISION'S OUT OF WASHINGTON DICTATING WHAT, WHERE AND WHEN WE WERE ALLOWED TO CARRY OUT OUR MISSION'S WHICH IN TURN WOULD HAVE MADE THE VIET NAM FIASCO TURN OUT ENTIRELY DIFFERENTLY THAN IT DID.
....


[nolaspice] A thing long expected takes the form of the unexpected when at last it comes - Mark Twain!! whoot whoot!!

[findmoney] I just think there is some more house cleaning they have to do before we see the RV. Obviosly it has kicked into high gear now with all the Generals and Admirals beig fired for alleged affairs, etc. Then you have Hillarious Clinton resigning and Tim ( Turbo Tax) Geithner not coming back. Maybe we'er  close to the building inspector saying the house is clean move in!

 [olesailor] findmoney did you see that Geither is not returning?

 [findmoney] olesailer Yes Clinton and Geithner have tendered resignations after Obamas re inaguration in Jan

[mbd4049] Castle here is what we know at this point:::::: Nov 15-20th look good, rate for dinar should be $10-14; VND should be $.62ish or a little higher --- take it or leave it, don't bash the messenger, just sayin'

[whitelions] 11/11/2012 (23:00 pm) Kuwaiti official: Iraq would emerge from Chapter VII is soon Guessed Council support Kuwaiti-Iraqi relations yesterday that the vote of the United Nations on the liberation of Iraq from Chapter VII early next year through an Iraqi request - Kuwaiti, and stressed that Kuwait informed the International Foundation in collaboration Iraq fully in this area, noting that the Kuwaiti Prime Minister will sign a protocol final in this regard when visiting Baghdad early next month, while MPs expressed their welcome exit Iraq from international sanctions, stressing that the debt

[whitelions] need to be approved by the National Assembly to repeal or reduction. The head of the Council Hamoud Al-Khalidi in an interview (range Press), "The first month of the year (2013) will see an end to all outstanding issues between Iraq and Kuwait," noting that "Kuwait has  completed its mission and handed United Nations documents full remove Iraq from Chapter VII."
....


Streaming Updates Call - Nov 12th (11am CST) with BGG and guests - Just click on the "Straight Talk Radio" banner @ www.dinarupdates.com/blog and listen.

[Josey Wales] I pledge Allegiance to the flag of the United States of America and to the Republic for which it stands, one nation under God, indivisible, with Liberty and Justice for all.

[Stitch] God Bless the U.S.A. by Lee Greenwood    http://www.youtube.com/watch?v=Q65KZIqay4E

 [mbd4049]  just like Joel Osteen says 'always use positive thinking and feelings and always use I am for all your blessings' i.e., I am glad to be alive today, I am thankful for the good weather, etc

 [devildogmom] mbd4049 that is the only way to live each day!

[Stitch] I Wanna Be Rich   http://www.youtube.com/watch?v=aSvUh5p0ETc&feature=youtu.be

Kido: BANKS ON THE HOOK FOR TRILLIONS BOA AND WELLS FARGO Hmmmmmm http://minddig.com/money/Banks_trillions.html

Here is another one. This one is more current!   http://www.bloomberg.com/news/2012-09-10/big-banks-hide-risk-transforming-collateral-for-traders.html

[mbd4049] Starlight1203 looks like it could be a very good week is all we know right now, you haven't missed much grin

World Market Hours:      http://www.worldmarkethours.com/2012/Stock/index.htm

[sananddan24] devildogmom China to make an announcement on Tuesday

[devildogmom] sananddan24 would be nice to have an announcement in here
....


The below posts shaded in green
are on our Iraqi News page
Maliki and his gang steal money Mujahideen in the city of Ashraf valiant / mirage Mehdi Saleh
November 12 2012

After all desperate attempts by the Maliki government and his gang criminal against Ashraf residents and follow all the styles of others humanitarian cooperation with the Government's mullahs of Iran and after the success of the Mjadi creation of its removal from the list of international terrorist mad-Maliki and his and now tries with his gang of deadly contaminated their hands with their blood Immaculate after Alaatade brutal twice they have to Istvzo Ashraf residents previously and who are currently living in the prison of Liberty and prohibited them mobility outside despite being the Ajian protected under international conventions and with all the injustice suffered by the Maliki government and the martyrdom of many of their children and the pure blood that covered the land of Ashraf City of by criminals government see them now coming back into style, another steal money belonging to them have the audacity and in front of the international community it invite the Secretary-General of the United Nations in rapid intervention and to declare Camp Liberty refugee camps and to prevent the Iraqi government from the attack on the right of the residents of Ashraf and Liberty in owning their money by Arab and Islamic traditions and international laws.

 

Parliament allocates seven billion and 500 million dinars to buy 100 armored vehicles for judges
November 12 2012

Parliamentary Finance Committee revealed, Monday, that the House of Representatives voted to allocate the amount of seven billion and 500 million Iraqi dinars to buy armored cars for judges.

Committee member said Adel al-Maliki in a statement obtained by "obelisk", a copy of which, "The House of Representatives voted within the budget of the Supreme Judicial allocated seven billion and 500 million Iraqi dinars to buy armored cars for Iraqi judges."

He explained that "the presidency of the parliament agreed to allocate six cars each Iraqi judge," pointing out that "the total number of cars of 100 armored car."

 

Iraq: Dumping Russia arms deal may be ploy
November 12 2012

BAGHDAD (UPI) : Confusion surrounds Iraq's weekend announcement that it's scrapping a $4.2 billion Russian arms contract but the feeling is it may be a ploy by Prime Minister Nouri al-Maliki's government to renegotiate a more favorable deal.

Moscow is eager to secure a major stake in Iraq's oil industry, which it may do because of Maliki's dispute with U.S. oil giants Exxon Mobil and Chevron Corp. The U.S. companies have defied Baghdad by signing exploration deals with Iraq's semiautonomous Kurdish enclave.

There's always the possibility that Washington, which seeks to control Iraq's military acquisitions following the U.S. military withdrawal, has leaned on Maliki after the announcement of the arms deal when he visited Moscow in mid-October.

Maliki's office announced Saturday the government is reconsidering that deal, which included combat jets, helicopter gunships and missiles, because the contract could be marred by possible corruption.

 

Parliament: investigations proved the involvement of the head of the Liberal and three deputies from the mass in the case of the Central Bank
Monday, 12 November 2012 09:39

Baghdad: Accused independent MP in the House of Representatives Kazem Sayadi Head of the Liberal bloc of the Sadrist movement Bahaa al-Araji, and three MPs from his bloc with two deputies from the Iraqi List of involvement in money laundering operations in the central bank auction.

Said Sayadi told him his press office and the agency received all of Iraq [where] a copy of it on Monday that "the findings of her committee responsible for monitoring the work of the Central Bank indicated that there is corruption in the sale of hard currency and insider and central bank's relationship with a number of MPs including deputy [Jawad Alshahyla, Talal Zobaie, Bahaa al-Araji, Jamal Karbouli, Uday Awad, Maha league] involved with private banks and banking offices and remittances fake to import materials and articles, business and industrial, as well as the lack of clarity mechanisms scrutiny in money laundering operations the central bank and private banks. "

He added that "Parliament finished the investigation on central bank policy and activities since 2003 and so far, noting that" involved the issue of central bank took advantage of the issue of ration card and clapped armament contracts for tattoo and lamenting the capabilities of the Iraqi people to draw attention from what they have done theft of public money " . according to the statement.

 

Sayadi: investigations proved the involvement of six deputies in the corruption of the Central Bank, including the head of the Integrity Committee
Monday, 12 November 2012 09:51

Baghdad: Euphrates News: said independent MP Kazem Sayadi that the results of the investigation in the work of the Iraqi Central Bank revealed the involvement of six deputies of the Liberal bloc and the Iraqi List in corruption, including chairman of the Parliamentary Integrity Bahaa al-Araji.

Sayadi said in a press statement received and Euphrates News Agency {} a copy of it on Monday that "the duty which rests on the members of the House of Representatives is to protect the citizen and the representation is not stolen and used for access to private purposes."

He added that "the findings of the Committee responsible for monitoring the work of the central bank pointed to the existence of corruption in the sale of hard currency and insider."

 

Deputy: 150 parliamentarians signed the mandate of Prime Minister
November 12, 2012  9:15:03 AM

Cairo : Deputy: 150 parliamentarians signed the mandate of Prime Minister

Alliance MP revealed Kurdistan Mahma Khalil, yesterday that 150 deputies signed so far on the draft law of the mandate of Prime Minister two terms, as he emphasized that the President of the Republic will apply the Constitution itself determine its mandate to two terms.

Khelil said in an interview with long-Presse that "the number of signatures on the draft law of the mandate of Prime Minister adopted by the Sadrist movement reached a hundred and fifty signatures," noting that "the signatories are deputies from different political blocs."

The Kurdistan Alliance MP that "the draft, which bear the signatures reached the legal committee in Parliament to complete formulations legal action, and then presented to the presidency of the parliament in preparation for inclusion on the agenda of the Council at its next".

 

Parliament decides to cancel CoM's decision over Ration Card
Monday, 12 November 2012 17:35

Baghdad (AIN) : The parliament decided, during its regular session on Monday, to cancel the decision of the Council of Ministers over canceling the Ration Card and replace it by a financial support.

The member of the Parliamentary Legal Committee, Zaynab al-Sahlai, stated to All Iraq News Agency AIN on Monday "The parliament decided to cancel the decision of the CoM over the Ration Card without any conditions or options."

The agenda of the parliament session of Monday included a discussion with the Ministers of Finance, Trade and Planning over the Ration Card.

Click for Link

The below posts were in our 10am email
Mike:    Tlar, the GOI has backed off of the ration card cancellation this weekend, the cards will continue to be used at least until they bring more value to the IQD.

There has been no movement on 140 that I know of, the Kurd's as late as last week stated that there is still a large gap between the two parties. I don't know how the 2013 budget effects the rv......

I'm confident they'll pass it but it really has no bearing on our investment, does it? And that leaves us with Chapter 7....the elusive twice a year joke that is always at the expense of the Iraqi people.

I do not believe Chapter 7 will be lifted until they have a functioning, fully seated government. The Kuwaiti's seem to be happy but the UN will not release them from sanctions until power is distributed preventing actions similiar to the previous regime.

It seems a lot of folks believe that Shabibi will not return to Iraq, essentially giving up on any hope of habeus corpus in Iraq. Hashimi was accused of terrorism and death squads.....
...


musiccitylady] It's Just Another Manic Monday

[Princess M] musiccitylady here is your song The Bangles - Manic Monday  http://www.youtube.com/watch?v=oFPZzmfu6j4

cruiser] GM all!!

[cruiser] Americans Say Europe Lesson Means Act Now as Austerity Will Fail:
http://www.bloomberg.com/news/2012-11-12/americans-say-europe-lesson-means-act-now-as-austerity-will-fail.html

[cruiser] Rajoy Aims to Stem Evictions as Suicide Darkens Crisis:
http://www.bloomberg.com/news/2012-11-12/rajoy-aims-to-stem-evictions-as-suicide-darkens-crisis.html

[sananddan24] Cruiser did Greece approve their budget yesterday?

[cruiser] Eurozone ministers to discuss new funds for Greece: .  http://www.bbc.co.uk/news/world-europe-20294369

 [cruiser] from the BBC Article "On Tuesday, Greece is to make an urgent bid to raise funds from the financial markets in case it does not get the tranche of bailout money."
....


7:51 PM [ericasmom] if I have one million dinar and the rate comes back at 10$    how much would I be able to make in american dollars

7:51 PM [TERRYK] 10 MILLION
7:51 PM [ericasmom] love you TK

7:52 PM [TERRYK] SO IM HEARING WE ARE ON TRACK  THINGS STILL LOOKING GOOD
7:52 PM [ericasmom] my sister is here and wants to know how it is calculated

7:52 PM [TERRYK] FOR REAL ERICA
7:52 PM [ericasmom] Yea!!! go rv

7:52 PM [TERRYK] 10X1,000,000=
7:53 PM [ericasmom] so that is 10 million american dollars correct?

7:53 PM [TERRYK] IF IT COMES BACK OUT AT 10   YEA
7:54 PM [charps84] 10 would be great

7:54 PM [TERRYK] HEY TOM U GOT ANYTHING
7:55 PM [DISHMAN] Awesome stuff banks get sorted then
7:55 PM [tzeman7390] not yet

7:55 PM [TERRYK] OK ALL GOING TO MAKE SOME CALLS I WILL BE BACK NOTHING HAS CHANGED WE ARE STILL ON TARGET THIS COMING WEEK  TWO MAJOR SPEECHES COMING  CHINA AND USA
...


10-11-2012 | (Voice of Iraq) - -  Baghdad / term

Conducted Foundation term cultural symposium through the Internet on Saturday, and Devt which Dr. Shabibi former central bank governor, and was attended by a number of bankers and experts in the field of economy and media multiple, and symposium was talk about the issue of the central bank and the charges leveled by the government of Hbibi of corruption financial and administrative especially with regard to the issue of money laundering and currency auction in which the central bank.

Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D76805&usg=ALkJrhgZCpBnRLmRvzu7siIt6eloVHQgzw#ixzz2BxK4l2oL

Tlar:  All Maliki has to do is not rescind the arrest warrants and that creates a Mexican standoff.

 Shabibi will mostly likely never return to Iraq and most certainly will never be re-instated.  Maliki would never let him stand trial.  He would consider it too messy and too much would ultimately be revealed. 

Shabibi will continue to complain from afar but will soon fade away if

one: there is a new governor picked and , two: the IMF attempts to work with him.  Checkmate. 
...


[devildogmom] God bless our troops, bring them home safely and bring healing and comfort to those veterans in need. Shed your grace on those who have left usand take care of their loved ones.

[devildogmom] [jm44] Fellow Vets: Don't forget that many businesses in the US are offering specials to Active Military and Vets today and tomorrow. Google Veterans Day Discounts for a list.

[devildogmom] [presley] It is the VETERAN , not the preacher, Who has given us freedom of religion. It is the VETERAN , not the reporter, Who has given us freedom of the press. It is the VETERAN , not the poet, Who has given us freedom of speech. It is the VETERAN , not the campus organizer, Who has given us freedom to assemble It is the VETERAN , not the lawyer, Who has given us the right to a fair trial. It is the VETERAN, not the politician Who has given us the right to vote. It is the veteran who salutes the Flag, it is the veteran , who serves under the Flag, eternal rest grant them o lord, and let perpetual light shine upon them.

[MtnStar] cruiser  is there something you can / want to share with us.

[HIGHERGROUND] Our time is so very near!!! I am praying with expectancy and very :whoohoo:

[Mitzi] cruiser please tell us anything that will help us get thru this, please

[cruiser] MtnStar there really is nothing to say, unless you want hopium. There s no one who knows the rate or the date. That simple. Can it happen at any time. YES. But that is as much as anyone knows.
....


[xyz] MP expects endorsing federal budget . ''The first reading of the federal budget law draft will have the priority on the agenda of the Parliament session on Monday," ...''The Finance Parliamentary Committee has accomplished all its preparations to speed up the endorsement of the budget.'' ''The MPs will have many notes on the budget law draft especially concerning the final statements of 2012," she added, predicting that ''The budget will be endorsed during the current legislative term.''
http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=22413

[xyz] cnn breaking news: he Greek Parliament voted Sunday to approve the nation's 2013 budget. It contains steep austerity cuts required for Greece to receive the next installment of a crucial economic bailout.

[nolaspice] Okay so who thinks we RV this week?! Anyone ready?

[deb2blessed] Ready? I am wayyyyyyyyyyyy past ready!

[nolaspice] I know we all ready. I just joshing!! ;)

[flashing] well 2 important days coming up. one is the meeting between iraq and Kuwait to sign some papers very important to us. Second next UN meeting dealing with iraq ch 7 status.

[Pearlnoir] flashing how about the VND?
....


11-11-12 4aprofit: There is a plan, a master plan which is much bigger than we think behind this, of a huge global monetary magnitude. It will happen when it happens. Many think after Jan. 1, 2013 as per the new higher taxes that are coming.

There have been what, like appx. (5) new foreign currency tax laws, (things I have seen that have an impact directly or indirectly on foreign currency speculators, and/or windfalls for the same "this is to the best of my recollection").

These things have been put in place in the past 2 to 3 years or so and now with higher capital gains taxes and other taxes that are coming first of the year. Hey, if all of this was set-up for collecting it why not wait a few more weeks or months...as per being able to collect it all?.

Wouldn't it stand to reason, that probably 80-90% of all dinar holders are long term holders, which would put them under the long term capital gains bracket, (which is going from like 15% to like 22-23.%, like a 50% increase.
...


The below posts shaded in green
are on our Iraqi News page
Starting car industry strategy in Iraq
11/12/2012

BAGHDAD - Mohammed Ismail : signed General Automotive Company in Babylon / Alexandria sharing contracts with a group of international companies; automobile assembly, beginners with two Antegean Strutegeyn.

A source in the company's (morning) that it has signed contracts post with companies (GM) and (Hyundai) and (Renault) and (IDC) and (Levan) stressing: The company began the event to sign contracts erect lines primer for car assembly half dismantled.

 

Banker: the investment process needs a development bank shareholder
11/12/2012

BAGHDAD - morning : suggested banking expert Mohsen Ali, the establishment of development bank investment shareholder with capital high for the advancement of the process of investment in Iraq, noting that the state banks are unable to finance investment projects in the country.
 
said Ali: must work to establish a development bank shareholder by public and private sectors and give him some powers that help him to develop the investment process in the country such as opening credits and loans and some financial transactions other, to ease the burden winning state banks. added: that the banking sector in Iraq needs to banking systems modern fit with the case in the world , because the Iraqi economy-oriented free market, calling for introduction of the technological side of the banking business. witnessing the banking system in Iraq two branches of government and private confusion and clear due to a lack of technology of modern banking and awareness programs citizens, making his limited to issuing letters and deposit money.

http://www.alsabaah.com/ArticleShow.aspx?ID=38759

 

Talabani expressed full support for the protection of the independence of the work of UNHCR and professionalism
11/12/2012

Posted 14 employees out of the country for training on program data entry

BAGHDAD - morning : stressed President Jalal Talabani on the important role undertaken by UNHCR in its supervision of the elections, describing them the task of national large, they contribute to the preservation of the democratic process and development in the country.

Talabani said during a meeting , Sunday afternoon, in the city of Sulaymaniyah new body of the Office of the Independent Electoral headed Serbst Mustafa Chairman Board of Commissioners and members of the Council. that work of independent bodies, including the election commission work fateful and sensitive, and if maintained these bodies on the independence and integrity, it would be the guarantee mission to build and establish democracy and promote track and make culture bright in the community.

across the president, according to a statement issued by the presidency and received "morning," a copy of it, for full support for the protection of the independence of the Office's work and professionalism, adding "the High Commission only bow to pressure from whatever source, so as not to lose the democratic legitimacy and nature of civilization fair. "

 

Integrity Committee: questioning of three ministers for their involvement files financial and administrative corruption
11/12/2012

BAGHDAD - Farah pumice : revealed Committee Parliamentary Integrity for submit a request to the Presidency of the Council of Representatives for its intention to interrogate ministers Almtlkin the background files financial and administrative corruption.

and said committee member Parliamentary Integrity Hussein Asadi said questioning ministers is of the issues raised and discussed in committee and there is an agreement to proceed with the process interrogation, noting that the Integrity Commission Parliamentary expressed its intention to interrogate ministers in the current phase two and Minister of Education, Youth and Sports.

between Asadi told of "Center Brief for the Iraqi Media Network," The interrogation is a constitutional issue and the right of MP that the process Alastjob, either decision impeachment or withdraw confidence attributable to conviction House of Representatives as well as political agreements specify the subject, explaining that after sending the application by the Commission must determine the Presidency a date for questioning during two weeks.

 

Sayadi reveals the involvement of the executive and legislative branches central bank file
12/11/2012

BAGHDAD / JD : confirmed Rep. independent MP Kazem Sayadi, implicated senior politicians in the state of smuggling $ 200 billion, denying his media names involved file the Central Bank.

said Sayadi's / JD /: The file central bank refers to the involvement of officials in the executive and legislative money laundering and smuggling out of the country, Mtdarka, but the Second Committee which was formed by the presidency of the parliament does not want to disclose the names involved. "

and said: there names political and signed herself on the process of engaging some banks and institutions with money laundering, and the situation exploited to include some names politically motivated.

 

Iraq spends nearly 6 trillion Denar_nuya when choosing cash alternative ration
12/11/2012

BAGHDAD / JD : It is estimated that the government spends Iraqi approximately the 6 trillion dinars annually if people chose cash substitute for the ration card.

According to figures, the government will distribute an estimated 480 billion dinars monthly, if we consider that the $ 15 thousand dinars which approved by the government instead of food in the ration card will be distributed to the population of Iraq's 32 million people.

estimate what Iraq annual after the adoption of these figures about 5 trillion and 760 billion dinars.

Observers believe in Tbarham told / JD /: The process of pumping this large amount of cash into the market would lead to a staggering rise in the prices, and we get to a real crisis.

mentions that the estimates adopted by the agency / JD / did not refer to the number of people who blocked their ration card than those with higher incomes up their salaries (1.5) million .

 

Total turn back (to Hlvaip) and discovered a new oil well in Sulaymaniyah
12/11/2012

BAGHDAD  : saw French oil company Total said there are opportunities and huge potential in the investment and exploration of oil fields in Kurdistan, ignoring warnings Baghdad to cancel the company's contract in the field of Hlvaip which is located in southern Iraq.

has discovered TOTAL recent oil wells southwest of Sulaimaniya province Kurdistan, making it sees optimistic remarkable work in the North of Iraq.

put CEO of Total Christophe de Margerie question demanded that the Iraqi government determine its position with the company, you will cancel the contract with M will continue to contract.

added: that the company sees ease in dealing with Kurdistan More than dealing with southern Iraq, the northern Iraq is enormous potential and investment opportunities in the exploration and development of fields and oil wells.

 

Parliament: investigations proved the involvement of the head of the Liberal and three deputies from the mass in the case of the Central Bank
11/12/2012 9:06 am

Accused independent MP in the House of Representatives Kazem Sayadi Head of the Liberal bloc of the Sadrist movement Bahaa al-Araji, and three MPs from his bloc with two deputies from the Iraqi List of involvement in money laundering operations in the central bank auction.

Said Sayadi told him his press office and received news agency Buratha copy on Monday that "the findings of her committee responsible for monitoring the work of the Central Bank indicated that there is corruption in the sale of hard currency and insider and central bank's relationship with a number of MPs including MP [Jawad Alshahyla , Talal Zobaie, Bahaa al-Araji, Jamal Karbouli, Uday Awad, Maha league] involved with private banks and banking offices and remittances fake to import materials and articles, business and industrial, as well as the lack of clarity mechanisms scrutiny in money laundering operations the central bank and private banks. "

He added that "Parliament finished the investigation on central bank policy and activities since 2003 and so far, noting that" involved the issue of central bank took advantage of the issue of ration card and clapped armament contracts for tattoo and lamenting the capabilities of the Iraqi people to draw attention from what they have done theft of public money " . according to the statement.

 

Parliament approved its budget with the budgets of the Supreme Judicial Court of the Federal Budget 2013
11/12/2012  3:15 pm

House of Representatives passed its budget listed within the financial budget of the state for the year 2013.

A parliamentary source said on Monday that "the House of Representatives approved the first reading of the federal budget for fiscal 2013 budget for the next year in addition to the budgets of the Judicial Council and the Federal Court."

"The budget of Parliament and the Supreme Judicial and the Federal Court is independent of the federal budget, but fall under their doors," adding that "the presidency of the parliament received a request for a number of MPs demanded the government to provide the final accounts for the year 2012, before the adoption of the budget next year."

 

Russia accuses U.S. of being behind the cancellation of the arms deal with Iraq
11/12/2012 9:49 am

Russia accused the United States of America of being behind the cancellation of the arms deal it signed with Iraq.

An official source in the Russian military-industrial complex in a press statement that the abolition of Iraq (already) arms deal concluded with Russia is the result of U.S. pressure on the Iraqi authorities.

The news agency "RIA Novosti" Russian news agency official as saying that "behind Iraq's refusal to implement contracts to import Russian weapons stands by U.S. authorities seeking to disallow the application of Russian-Iraqi agreements in the field of armaments."



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