Monday, March 4, 2013

Economist: strengthening gold reserves would avoid Iraq from the crisis that machete areas of the dollar and the euro


  03/04/2013
 
Baghdad (news) .. Praised the economic expert on behalf of Jamil, measures to strengthen the central bank reserves of gold in addition to the dollar, describing positive step towards supporting the value of the national currency.
Jameel said (of the Agency news): there is a global economic crisis hit areas of the dollar and the euro, which will affect the economies of Third World countries, including Iraq.

He explained: that most countries of the world started custody of the dollar as the key currency because its price oscillating as a result of the global economic crisis, Valtjot to store gold is considered a safe haven for national currencies to keep them from getting lost.

He added: that a central bank to strengthen its gold reserves and reduce dependence on the dollar is a positive step and will support the national economy and the Iraqi dinar.

The reports issued by international organizations indicated that Iraq sought refuge about storing gold to enhance its gold reserves and reduce the monetary reserves of the dollar in order to preserve its assets and the stability of the exchange rate of the Iraqi dinar. / End / 8. N. P /

Link

Abbas al-Bayati: will address Kerry's upcoming visit to Iraq crisis in the region and the strategic agreement

  03/04/2013

Baghdad (news) .. expect MP / coalition of state law / Abbas al-Bayati, said dealing with the visit of the Minister of State John Kerry upcoming file region and Iraq crisis.
Bayati said the reporter Agency (news): The John Kerry has adequate information on the file of Iraq and the region as he was chairman of the Foreign Relations Committee of the U.S. Senate as he visited Iraq six times.

He added: Kerry's visit certainly will address many things, but especially the emphasis on supporting the political process and non Altarb as well as activating the strategic agreement.

Bayati stressed: the crisis in the region and Iraq will be present at the meetings and that Iraq can not abandon a strategic ally like USA America can not also impose a political and democratic experience, such as Iraq. / End / 3. N. P /

Link