Deputy Governor of Central Bank: Development Bank of Warka is undecided and waiting for the report of the Central Financial Sgt.

  Saturday 05/12/2012

Baghdad (news) .. Most likely the deputy governor of the Central Bank of the appearance of Mohammed Saleh, to report on the status of financial Sergeant Warka Bank to the Central Bank during the next few days to know the status of the bank in terms of financial assets and financial liabilities of Foreign Affairs, to take legal action in the light of the report.
Saleh said (of the Agency news) on Saturday: The matter is still undecided about the Warka Bank as a major bank and its operations are complex and evaluation of assets of financial need and a long time, and the central bank is now waiting for Sgt. Financial will submit his report within the next few days to temporary administration of the bank "guardian "It is then submitted to the Central Bank to determine if the bank can continue and" life "to help him, or needs to extend his custody until the solution of financial problems.

And: that the report of Sergeant Financial includes an inventory of financial assets and liabilities of foreign bank and see if there are significant losses in the head money, and in the light not know the status of the bank, noting that the central bank will be required from the Ministry of Finance granted financial loans long futures in the event of a sharp decline in its financial, or resorting to participation by other banks as stipulated by the law of Iraqi banks in Article (66) No. (64) for the year (2004).

It is noteworthy that the Board of Governors in the Iraqi Stock Exchange canceled the listing of the Warka Bank from the market, in accordance with paragraph IX of Article V of the instruction number three amended for the year 2011, which provides for the write-off company from the listing if the stoppage of circulation for six months without taking action suitable for the appeal, pointing out that the Warka Bank is dependent on the eighth trading since February 2010.

The Warka Bank for Investment and Finance, which was established in 1999, (130) 130 branches and (350) ATMs in all parts of Iraq. Has developed the Central Bank of three-phase plan to raise banks' capital to 213 million by June 2013 to stimulate lending in the time who is recovering from the Iraq sanctions and the U.S. invasion in 2003. / Finished / 8. d. Q 

 

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Sadr al-Maliki to clarify his position: I want his life and wants to kill me

Saturday, May 12 / May 2012

Said the cleric Moqtada al-Sadr on the position of Prime Minister Nuri al-Maliki as a dictator and his warning of sectarianism and Application of the Convention of Arbil and the resulting isolation of the Sadrist Shiites that "the right not left his friend."

Reported chest to a question from one his followers to be the interpretation of repeated criticism of the owners as "Mmaalh of the Kurds and the existing Iraqi President Iyad Allawi, and what causes it to isolate the Sadrists for Shiites," Thank you for your question Did not you hear I have nothing left right from a friend and generally, I say the Shiites and Shiism political Of course not bias the ideological right [I want his life and wants to kill me .. Adhirak of thy friend of Murad] I am you and I will continue defending the right whatever to be an enemy to me is a friend of mine at the expense of that old friend, an enemy to me it in the perspective of logic and reason and Shara loss in Specular Profile joy mixed with sadness or grief distressed unblemished. He said.

The cleric Moqtada al-Sadr took part in the consultative meeting held on 28 April, in Erbil and resulted from that meeting a range of courses sent al-Sadr in a letter to the National Alliance on May 2 the current most prominent of which give the government 15 days, which [will end next Thursday, 17 current] to approve the decisions of the meeting, but will be withdrawn and confidence. ended.

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National Alliance for the rule of law Aboud Issawi, the need to attend all blocs and political leaders to a national meeting

12/05/2012

The independent Iraqi news agency / Baghdad / n. X .. MP in the National Alliance for the rule of law Aboud Issawi, the need to attend all blocs and political leaders to a national meeting to be held in the next few days as it is a final opportunity to resolve the outstanding differences in the political process. "

Issawi said in statement to the reporter   (And independent Iraqi news agency) that the political blocs need to demand their presence at the upcoming meeting and not to be absent under any pretext, because such a meeting   And its success will depend on the extent of the seriousness of those blocks and their leaders to attend to him as an important issue. "

He said al-Issawi   "The presence of all political parties to the national meeting is a keen national success of the democratic experiment in the country either from behind him under the pretext of the existence of excuses fabricated, this is unacceptable, and the political blocs and the rest of the components have agreed to find a national gathering together and nearly all the political parties by participants and the national meet with everyone and therefore not entitled   One of the absence from this meeting, we consider this step a negative affect on the success of the national meeting. "

The al-Issawi, "It is absent from the meeting will be the national element is a party to welcome in the political process to try to clear it aims to put crutch in the wheel of the stalled political process those components already and the issue of absence for the upcoming national meeting will lose credibility   Add in the political work so that it will be devoid of confusion because the confidence of all not to attend the national meeting will inevitably lead to the loss of all the initiatives that have provided good in the last period, including the initiative of His Excellency President Jalal Talabani

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Deputy for Iraq: the rule of law escalating political crisis

  Saturday 05/12/2012

Baghdad (news) .. accused the MP / coalition in Iraq / Qusay Friday, state law to escalate the political crisis, noting that the deadline set by the political blocs not to implement all the agreements, but to begin implementation.
Juma said (of the Agency news) on Saturday: The statements made by the rule of law tends to escalate the political crisis, and called to demonstrate good faith to resolve outstanding problems.

He added that the five-year meeting which was held in Erbil, which has been agreed on resolving all the problems within a period not exceeding (15) days, noting that this period is not to implement all the agreements, but to begin implementation of the Convention Erbil.

He was President Jalal Talabani, had met with the President of the National Alliance, Ibrahim al-Jaafari at the presidential headquarters, said in a statement Jaafari's office received a (news) copy of it: The two sides discussed during the meeting was to evaluate the current political situation and the nature of the circumstances surrounding it, and a lesson how to find a solution based on based on national principles, which include the Constitution and the understanding that construction does not exclude anyone from national partners.

The statement added that the two sides stressed the need to stand at the papers presented pre-and post that dealt with identifying problems and developing solutions. / Finished / 2. For. M /

 

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Member of Finance Committee: Procedure for sale of foreign currency the central bank to the interests of the Iraqi dinar Atsb

 Friday 05/11/2012

Baghdad (news) .. Member of Finance Committee criticized the parliamentary MP / National Alliance / Amin Abbas, the measures taken by the Central Bank adopted for the sale of hard currency because it ascertains the balance between the Iraqi dinar and the U.S. dollar, through the presentation of quantities in the local market.
The central bank has taken a deliberate and complicated procedures by him in the process of selling the hard currency of the auction, where the condition of submission of import license and bank account and tax accounting for companies wishing to buy hard currency.

Abbas said (to the Agency news) Friday: The complexity of procedures sale of hard currency deliberate by the Central Bank in order to reduce the demand on the U.S. dollar from Auction Central does not hurt the interests of the Iraqi dinar as it does not achieve the principle of balance in the process of pumping currency in the domestic market.

He added: Finance Committee, the parliamentary person case at its meeting with the Governor of the Central Bank, where we asked him to increase the number of companies licensed to buy the currency, noting that the governor promised that reduces the complicated procedures and taken in the sale of hard currency "dollar" of the Central Bank auction because there is great demand by traders and foreign remittances for students abroad or expatriate Iraqis.

This testifies the U.S. dollar over the last period before the big rise of the Iraqi dinar value as a result of internal and external factors, where the price of the dollar (1300) dinars after it had been stable on the price of (1166) dinars. / Finished / 8. N. R /

 

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Expert: the need to activate the local industries to save the national economy from deteriorating

  Friday 05/11/2012

Baghdad (news) .. Warned economist Ismail Radi, the likelihood of deterioration of the Iraqi economy as a result of the continued depreciation of the dinar against the dollar and the reluctance of the investment process in the country, calling for the need to speed up the activation of local industries to save the national economy from deteriorating.
Radi said (of the Agency news) Friday: can not the federal government to keep silent in front of the problems facing the Iraqi economy, but they should move to save it from deterioration which may occur as a result, it is through the activation of important economic sectors, especially "industrial" by activating the local industries that bring money into the country difficult.

I suggest the economic expert: Develop an accurate plan and scientific advancement of labs, industrial by the federal government through the provision of financial support and granting of advances and loans mechanisms and procedures easy and the benefits of easy for her return to work as before, the fact that the industrial sector is the main nerve to the recovery of the national economy. / End / 8. n. r /

 

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Vice Kordstani: Maliki rose from the political crisis .. and we are heading for the withdrawal of confidence about the lack of implementation of the Convention on Arbil

  Friday 05/11/2012

Arbil (news) .. MP for / Kurdish coalition blocs / Qassim Mohammed Hmokhta, that the outstanding problems between the political parties can be resolved within hours, pointing to the absence of positive indications to resolve the crisis, but there are steps to escalate by the government which will have the political blocs to resort to withdraw confidence from the Prime Minister after the deadline on the seventeenth of this month.
Hmokhta said in a statement to the Agency (news): The political crisis between blocs / reached the end unbearable and reflected negatively on the street and on the performance of government to provide services.

He added, on the political blocs to start serious steps to resolve the crisis before they escalate more difficult for political leaders to resolve, adding that the meeting Quintet, which was held in (28 April) in Erbil and was attended by (5) leaders make up the absolute majority came out several themes were identified roof timetable for the implementation of the agreements.

He said the Attorney for the Kurdish coalition blocs to: that the solution to the crisis and save the political process lies in the implementation of the terms of the Erbil and non-compliance by a threat to the political process that has to be for the government to respond to those conventions, but will move the blocks after the seventeenth of this month to withdraw confidence from the Prime Minister Nuri al-Maliki and other government duties and the implementation of the agreements.

And Hmokhta: that the government can ratify the rules of procedure of the Council of Ministers and the appointment of ministers and security agreement on oil and gas law and to resolve all outstanding problems within hours to a select political leaders time to implement all the agreements because they are familiar with the political situation.

And MP for a coalition of Kurdish blocs: that the political blocs will resort to the second option is to withdraw confidence from the Prime Minister Nuri al-Maliki because he did not start with any positive steps to resolve the problems, but the steps to escalate the meeting of the Council of Ministers in Kirkuk, in the absence of Ministers Kurds, a challenging and provocative step to create minor problems .

The political scene debates sharp divisions between the coalition of state law on the one hand and the Coalition and Iraqi Kurdistan on the other hand, accounting for differences Dhutha meeting quintet, which included both President Jalal Talabani and parliament speaker Osama Najafi and the cleric Moqtada al-Sadr and the President of the Kurdistan Region, Massoud Barzani, leader of the list Iraq, Iyad Allawi in Erbil.

Grace and al-Maliki (15) days to implement the rest of the terms of the Erbil, which rejected the rule of law, describing it as pure fantasy, to remain suspended between the crisis and efforts to resolve the demands change-Maliki. / End / 24. N. R 

 

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