Dinar Rumor - Iraq Dinar Forum - Find out everything about the Iraqi Dinar here! http://www.dinarrumor.com/ Iraq dinar speculation forum for Iraq dinar speculators, Iraq news, and dinar rumors. en Fri, 18 May 2012 22:03:58 GMT vBulletin 60 http://www.dinarrumor.com/images/misc/rss.png Dinar Rumor - Iraq Dinar Forum - Find out everything about the Iraqi Dinar here! http://www.dinarrumor.com/ Opening in fifth place for the receipt of wheat and barley crops in Wasit card store http://www.dinarrumor.com/showthread.php?36173-Opening-in-fifth-place-for-the-receipt-of-wheat-and-barley-crops-in-Wasit-card-store&goto=newpost Fri, 18 May 2012 20:01:02 GMT Opening in fifth place for the receipt of wheat and barley crops in Wasit card store 50 thousand tons May 18 2012 Wasit (news) .. Wasit... Opening in fifth place for the receipt of wheat and barley crops in Wasit card store 50 thousand tons

May 18 2012

Wasit (news) .. Wasit province, announced the opening of the fifth to receive the wheat and barley storage card 50 000 tonnes, confirming that he is expected to exceed the quantities marketed of the crop for this season of 500 thousand tons.

The first deputy governor of Wasit province Engineer Mohsen Tohme (of the Agency news) Friday: The Commerce Department today opened a new center for the storage of wheat and barley crops in the district of Essaouira, north of the province within the marked agricultural 2011-2012 with a capacity of 50 tons, indicating that this center is fifth place, which is opened to receive the crops.

Tohme said: The increase in yields per dunum of wheat and barley crops in the province before the new demands made to open new lines Mkhoznah to receive these crops.

He continued: We asked the Ministry of Commerce Saalwat new building because the granaries are currently available in Iraq, has become not commensurate with the quantities of agricultural crops under the new plan, noting that Iraq Saalwat designed within the agricultural plans for the past 20 years and more.

The first deputy governor of Wasit province: that the quantities of wheat and barley that have been marketed to centers receiving in Wasit amounted to more than 25 thousand, referring to: The Directorate of Trade grain received all marketers of wheat this year through four outlets, including the main warehouses in Saylwi Essaouira Walcott as well as central Azizia Walcott.

http://translate.google.ca/translate...26prmd%3Dimvns ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36173-Opening-in-fifth-place-for-the-receipt-of-wheat-and-barley-crops-in-Wasit-card-store Included a port of Faw and 26 berths ..Basra was his post 33 investment opportunity http://www.dinarrumor.com/showthread.php?36172-Included-a-port-of-Faw-and-26-berths-..Basra-was-his-post-33-investment-opportunity&goto=newpost Fri, 18 May 2012 19:59:59 GMT May 18 2012

(Voice of Iraq) - Basra (news)

Announced the Basra Investment Commission of 33 investment opportunity "his post" back to the Ministry of Transport, the most prominent port of Faw and 26 berths in addition to other investment opportunities in vital sectors, calling for investment companies wishing to access to those opportunities to bid in order to study and meet the requirements and licensing.

A statement of the Authority received the Agency (news) on Friday, the President of the BIC behind Badran as saying: "Asthsalna approvals Central and validity of the Minister of Transport to announce his post for display a number of land and projects as investment opportunities back to the Ministry of Transport and the General Company of Iraqi Ports $ 33 investment opportunity , most notably the port of Faw, plus 26 multi-purpose berths, which will be 13 of them in the port of Umm Qasr area of ​​151,773 square meters, and 13 others in the port of Khor Al-Zubair area of ​​1,507,400 square meters. "

And on investment opportunities in the commercial sector and centers shopping, revealed Badran for: a "declaration of two first in the area of ​​trade union ports (formerly Army Jerusalem previously) on the widget numbered - 56) m 45 per stronghold and an area of ​​67,155 square meters, and the other in the area (Côte Ofrenki) on a piece of numbered (1/1346) / and the province numbered (39) and an area of ​​23,328 square meters. "

Either in the field of hospitality and entertainment, announced Badran for: the availability of an investment project to build a hotel classification (4-5) stars and entertainment city in the publican near Aldakir and the Corniche and an area of ​​15000 square meters, "in addition to" provide an investment project recreation includes a to create it specifications developed on the segment numbered (76 ) in the province numbered (40) located behind the gardens of Andalusia and an area of ​​41,727 square meters. "

He Badran for: the availability of investment opportunity to build a complex Abu Sakhir residential on the segment numbered (14/1) in the province (25) and an area of ​​562,500 square meters, "in addition to providing investment opportunity in the health sector include the establishment of a hospital Ahly sophisticated and specialized at item numbered (5 ) and part of the piece numbered (8) in the district 45 in the city and the stronghold of the land area of ​​30,204 square meters. "

And invited the Chairman of the Commission: investment companies wishing to access to those opportunities to provide offers detailed to the Department of the single window at the headquarters of Basra Investment Commission include the required studies such as studying the feasibility and financing plan and others to be considered by the relevant engineering and technical competent and obtaining the approvals required sectoral her and granted investment licenses after approval by the Board of the administration to offer competitive, "asserting: To provide all necessary facilities to the companies that have a serious work done, experience and potential to qualify to get those opportunities.

The Ministry of Transport in April 2010, the foundation stone for the port of Faw, which contains, according to his designs essential to the container terminal length of 39,000 meters, and pavement last length of 2000 meters, as well as an arena for containers with an area of ​​more than one million m 2, and the field of other multi-purpose area of ​​600 thousand m 2, with a port capacity 99 million tonnes annually, while the total cost for the establishment of four billion and 400 million euros, and it is hoped that the connection port, a line of railway connects the Persian Gulf by Iraqi ports in northern Europe through Turkey, a project known as "dry canal ".

While searching the investment in Basra for companies that would like the execution of the construction of the port, the General Company for Ports a few months ago to establish the ways and pay dirt at the project site in preparation for the implementation of first phase by the end of this year, which provides for the establishment of Kasr (barrier) of the waves and dock services, and more recently embarked on the strength of class military engineering a campaign to purge the project site of mines and unexploded ordnance left by the Iraq-Iran war (1980-1988), was extracted and found the strength to so far on the hundreds of them.

http://translate.googleusercontent.c...#axzz1v2nqfTvw ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36172-Included-a-port-of-Faw-and-26-berths-..Basra-was-his-post-33-investment-opportunity Devaluing the US Dollar - Against What? http://www.dinarrumor.com/showthread.php?36171-Devaluing-the-US-Dollar-Against-What&goto=newpost Fri, 18 May 2012 16:33:29 GMT Image: http://4.bp.blogspot.com/-8swUaEtSzVU/T7VVvezzEiI/AAAAAAAAV2g/jOUkf7lHIhA/s320/sdr.JPG ...
When people talk about devaluing the dollar, as opposed to reissuing it completely, the natural question is, against what? What would one devalue it against officially if you do not wish to reinstitute a formal gold standard, which is clearly the preference of the Western central bank.

One likely candidate might be the SDR issued as a new currency for global trade, and for the pricing of international goods and commodities.


The major bone of contention as I have pointed out before would be the new 'basis' for the SDR. What Will the World's Reserve Currency Become? The BRICs are adamant for the inclusion of additional currencies and gold and silver to make a portfolio that is less weighted to the US, Europe, and England.

A country would have the option to retain their own national currency for domestic use.

This is regards to devaluation as opposed to a hyperinflation and reissuance in which case old dollars would be scrapped for 'new dollars' with a couple of zeroes knocked off.

A friend sent this information about the US Post Office my way today. The speculation on the 'new composition' of the SDR is mine. I am assuming that the number of Euro countries decreases.


The US Post Office is using US$ to SDR conversion tables for international mail insurance --> US Postal Service US$ to SDR Policy and Tables

Earliest reference I could find to when the USPS started pricing in SDRs is 2009, which is well after the initial financial crisis.

IMF publishes daily tables on SDR values--> IMF SDR Daily Tables

Quick calc: at today's SDR rate of 1.52 SDR to 1 US$, if a new global dollar like currency was issued, then a current $1 US would buy you 66 cents of that new currency.

This is about a 34% drop in the $ value.

And that is probably best case scenario, since the daily SDR rate is priced relative to 3 other currencies. If the US$ were to take a pounding prior to issuance of a new currency, the exchange rate would be even less favorable to $ holders.

Summary: The pricing mechanism for replacing the greenback is in place. As your anxiety level rises on the $, feel free to check daily to see what your bank deposits would be worth after a bank "holiday".

http://jessescrossroadscafe.blogspot...inst-what.html
]]> The Rumorholic Lounge TRC http://www.dinarrumor.com/showthread.php?36171-Devaluing-the-US-Dollar-Against-What Gov’t to have more fiscal, monetary maneuverability in 2012 http://www.dinarrumor.com/showthread.php?36170-Gov’t-to-have-more-fiscal-monetary-maneuverability-in-2012&goto=newpost Fri, 18 May 2012 16:19:55 GMT May 18 2012 VietFinanceNews.com - Vietnamese fiscal and monetary policies will likely be more maneuverable in 2012, as the country’s... May 18 2012


VietFinanceNews.com - Vietnamese fiscal and monetary policies will likely be more maneuverable in 2012, as the country’s macroeconomic situation is stabilsing, said an economist who is also a member of the National Assembly’s Economics Committee.

The remaining difficulties for 2012 include how the government can offer enough liquidity for the economy at an affordable rate so that it can growth steadily, said Dr. Tran Du Lich, a member of the National Advisory Council on Financial and Monetary Policy.

The money pumping must be adequate and monitored strictly so that it will not set off another round of inflation in the coming years, said Lich, director of the Ho Chi Minh City Institute for Economic Research, at a recent forum.

“Inflation in 2012 will not exceed 10 percent, and in my view, it will stand at 9 percent at most. Without future money pumping, it may be as low as around 5-6 percent for 2012”, he said at the "Macroeconomic and the Stock Market in 2012" event held by Kim Eng Vietnam Securities Co.

The main difficulty for Vietnam this year is far different from that of 2011, namely the vicious circle of high-rise inflation, which peaked at about 23 percent in August, and the devaluation of Vietnam dong.

Such economic constraints, resulting in Resolution 11, limited the maneuverability of both fiscal and financial policies in 2011.

At the start of 2011, amid the feasible return of high inflation that had already dampened business sentiments in the previous year, the State Bank of Vietnam devalued the dong by 8.5 percent in February. The government had to issue Resolution 11 – the tightening fiscal and monetary policies – to prevent the dong from falling further.

2012: brighter and better

But regarding the 2012 macroeconomic picture, as inflation is cooling down and the national foreign exchange reserve is improving due to the decreasing trade deficit, there will be no further devaluation of the dong, he said.

But the problem now is liquidity for the economy, since nearly 29 percent of businesses had ceased operations as of April 30, 2012, Lich said.

The liquidity constraint of the economy was caused by the same shortage in the banking system in 2011.

By the end of 2011, total lending with real estate collaterals at Vietnamese commercial banks accounted for 53 percent of total outstanding credit, equivalent to $70 billion.

With the amount of the mortgaged properties, this is the direct cause of the liquidity shortage of commercial banks.

"Trade deficit reduction in Q1/2012 is a positive economic indicator to many, but in my view, it is a worrisome signal. When many enterprises stopped production, they stopped importing raw materials, thus reducing the trade gap.”

“It is not a miracle caused by operational measures of the Ministry of Industry and Trade. However, the reduction in exports and imports has facilitated the stability of the Vietnamese currency," Lich said.

According to Dr. Lich, the processing industry grew by as little as 4.3 percent in the first four months of this year, but now the growth rate seems to be improving.

In terms of gross domestic product (GDP) growth, Vietnam has seen the lowest domestic product increase since 2009 in Q1/2012; with total consumption and retail value of the local market increasing by only 3.1 percent, compared to the previous rate of over 10 percent, excluding inflation.

According to the latest report from the Ministry of Planning and Investment, as of early April inventories had increased very strongly.

Specifically, the amount of unsold stocks are on a rise over the same period last year, including 63.4 percent in chemical fertilizer, 41.2 percent in cement, 38.9 percent in mopeds and motorcycles, 35.6 percent in garment-textile, 102 percent in plastic products, 101 percent in metals, and 94.8 percent in processed fruit and vegetables.

“With such a rise in inventories, nobody dares to produce more," Lich said.

As of last month, the total number of registered business enterprises was 647,600, but only about 463,800 businesses are still operational. Thus, the number of active enterprises accounted for only 71.6 percent of registered enterprises.

Among the remaining 29.4 percent, 82,000 have been dissolved, 16,000 have stopped working for tax returns, and 85,800 are left without any understanding of what real estate is theirs.

Under this situation, enterprises are classified into three types.

The first are the most healthy ones, the most wanted group for lending, but they will not borrow; while the second group, though still operational, found that more lending will bring them no profits, so they also limits their borrowings.

In this context, bad debt is very high and increasing, especially in the weak banks. So, there are good banks with surpluses, but they are doing nothing but buying government bonds at an interest rate of about 11.5 percent a year to maintain liquidity capacity.

“Therefore, I had suggested in late 2011 that the Government warm up the real estate and securities markets.”

Finding a sustainable rate for growth

If Vietnam’s GDP growth doesn’t recover by the end of the coming quarter, the national economy will probably fall into stagflation, the combination of stagnation and inflation.

If this were to happen the 6 to 6.5 percent growth target set this year by the Government will be difficult to achieve.

But if easing monetary policies by increasing the money supply is so drastic as to stimulate growth, the inflation risk will come back in 2013.

So, finding an adequate money supply for a 5.5 percent GDP growth is the most sustainable scenario, he said.

If the average interest rate of 10 percent is a real positive for depositors, Lich said the depositing interest rates will decrease gradually to 10 percent a year so that lending rate will be about 13 percent a year.

http://www.vietfinancenews.com/2012/...-monetary.html ]]> More Investments TRC http://www.dinarrumor.com/showthread.php?36170-Gov’t-to-have-more-fiscal-monetary-maneuverability-in-2012 <![CDATA[Mohammadi: Maliki's abstention to respond to the demands of Arbil meeting could lead]]> http://www.dinarrumor.com/showthread.php?36169-Mohammadi-Maliki-s-abstention-to-respond-to-the-demands-of-Arbil-meeting-could-lead&goto=newpost Fri, 18 May 2012 16:12:34 GMT Mohammadi: Maliki's abstention to respond to the demands of Arbil meeting could lead to replace him .

18/05/2012 11:47:00

Baghdad / NINA /-- MP ,Walid Abboud Mohammadi for the Center coalition within the Iraqiya Slate said in a statement to NINA today : “ Lack of response of Prime Minister Nuri al-Maliki to the demands of the recent five parties meeting of Irbil ,would lead to chose a candidate from the National Alliance to replace him .

He added: "The political blocs today are determined to correct the course of the political process , to implement the reform of the government , stressing that if needed to withdraw confidence from al-Maliki and replace with another character from the National Alliance," the major political blocs are keen to do so .

http://www.ninanews.com/English/News...ar95_VQ=FLHMGK ]]> General Iraq News Communicator http://www.dinarrumor.com/showthread.php?36169-Mohammadi-Maliki-s-abstention-to-respond-to-the-demands-of-Arbil-meeting-could-lead Why Strawberries? An Effective Development Tool http://www.dinarrumor.com/showthread.php?36168-Why-Strawberries-An-Effective-Development-Tool&goto=newpost Fri, 18 May 2012 16:12:03 GMT Image:...
By Bob Nottelmann, crop production specialist with California Pacific Plant Exports (Cal Pacific) and Ekland Marketing of California (Emco).

May 18 2012

The introduction of commercial strawberry production in Iraq has been a satisfying success. Following the initial introduction of certified nursery stock to a few trial growers in 2009, the production of strawberries in the country has enjoyed annual growth well in excess of 100% each season. Why has it been such a success and why strawberry and not another crop?

Strawberry production is a special development tool for several reasons. First, it’s a high value crop yielding nearly unmatched gross revenues on a per hectare basis. Farmers with very small land holdings can earn an impressive income on a modestly sized parcel. And the turnaround on investment is very short. An Iraqi farmer can plant in October and complete his season by May or June, effectively earning his return on investment in less than a year.

Managed properly, some plantings are good producers the following season. Certainly the labor requirement is substantial but in the absence of other employment opportunities, farm jobs are of great benefit to a community or extended family.

But strawberries are not an easy crop to grow, harvest and market. The crop is management and labor intensive. Attracted by the financial reward of growing this valuable crop, farmers learn to manage valuable techniques and practices they can apply to the production of other crops; drip irrigation, fertigation, the use of plastic mulch for weed control and effective post-harvest handling and marketing are examples.

Iraq is not the first economy to benefit from the introduction of strawberry production as a development tool. It has been used as a licit substitute crop in Colombia, the Cochabamba region of Bolivia and the golden triangle in Southeast Asia. Even today in Northern California we see Hmong refugees establishing themselves on tiny parcels of land with strawberry production. One can only imagine why some of the most successful strawberry growers in California are of Japanese descent.

Bob Nottelmann is a crop production specialist with California Pacific Plant Exports (Cal Pacific) and Ekland Marketing of California (Emco). Specializing in strawberry and blackberry, Cal Pacific is an exporter of certified nursery stock to fruit growers in over 50 countries. Cal Pacific sources its stock from certified nurseries in the United States, Turkey and Argentina. Emco is a marketing and licensing company providing plant breeders a range of services including overseas trialing, licensing of nurseries, marketing and promotion, royalty collection and variety protection and registration.

http://www.iraq-businessnews.com/201...elopment-tool/ ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36168-Why-Strawberries-An-Effective-Development-Tool GCC union is inevitable says Kuwait http://www.dinarrumor.com/showthread.php?36167-GCC-union-is-inevitable-says-Kuwait&goto=newpost Fri, 18 May 2012 15:57:38 GMT May 18 2012 KUWAIT CITY: Gulf monarchies must respect human rights, freedom of expression and allow for popular participation before turning it... May 18 2012

KUWAIT CITY: Gulf monarchies must respect human rights, freedom of expression and allow for popular participation before turning it into a union, Kuwait's parliament speaker said yesterday.

"It is inevitable that the GCC states will have no choice but to improve their relations to an advanced form of a union," Ahmad Al Saadun said. This will make the member states "capable of confronting potential challenges targeting their interests, security and even their very existence," Saadun said.

But he insisted that all member countries of the proposed union must have similar regimes that are open to their people and respect human rights and freedoms.

This should include "freedom of expression and the right of popular participation in decision-making which we hope will be achieved in all GCC states shortly so the union can be established under its umbrella," he said.

http://www.gulf-daily-news.com/NewsD...storyid=330302 ]]> More Investments TRC http://www.dinarrumor.com/showthread.php?36167-GCC-union-is-inevitable-says-Kuwait <![CDATA[Iraq's fourth auction will boost oil hopes]]> http://www.dinarrumor.com/showthread.php?36165-Iraq-s-fourth-auction-will-boost-oil-hopes&goto=newpost Fri, 18 May 2012 15:53:45 GMT Iraq is preparing for its fourth auction of oil and natural gas exploration zones as it tries to rival Saudi Arabia as the world's leading oil producer.


BAGHDAD, May 17 (UPI) -- Iraq is preparing to have its fourth auction of oil and natural gas exploration zones as part of its drive to rival Saudi Arabia as the world's leading oil producer.

Despite myriad problems, the prospect for Iraq achieving these goals has been enhanced by the fact that most Middle Eastern oil states -- even the mighty Saudis -- are producing at capacity.

"Iraq is the only country in the region that has the resources to meet the demand for oil in the coming years virtually by itself," observed analyst Bernhard Zand.

Iraq's oil reserves are officially pegged at 143.1 billion barrels, the fourth largest reserves in the world after Saudi Arabia, Venezuela and Canada.

But the architect of Iraq's ambitious energy development and expansion strategy, Hussain al-Shahristani, the former oil minister and now deputy prime minister in charge of energy affairs, says the country has potential reserves of another 214 billion barrels in untapped fields.

It also has natural gas reserves estimated at 100 trillion cubic feet, along with roughly 150 tcf in probable reserves.

Writing in the German newsmagazine Der Spiegel, Zand said: "Global demand for oil will increase by at least 10 percent over the next 20 years.

"Most of this demand will most likely be met by sources in the Middle East and North Africa.

"Most countries in the region, however, are already producing oil at the limit of their capacities. Some are in the midst of revolts and revolutions while others may face violent upheaval in the future."

In February, the International Energy Agency in Paris slashed its forecast global oil demand growth for 2012 due to the effects of lower-than-expected economic growth in Europe and elsewhere.

The IEA, which acts as the industrialized nations' energy watchdog, said global oil consumption would increase in 2012 by 800,000 barrels per day, down from the 1.1 million bpd forecast the previous month. That was the agency's sixth consecutive reduction.

Be that as it may, Iraq, engaged in a $50 billion program of upgrading and expanding its aging infrastructure, particularly its export facilities, is pushing ahead with its plans to transform its energy industry, even as that of its main rival, Iran, is being weakened by international sanctions.

In April, Iraq's Oil Ministry unveiled the 12 exploration zones that will be auctioned off May 30-31.

All are in remote areas, part of the ministry's strategy of expanding Iraq's production base, but making them riskier investments since they are harder to protect from insurgent attacks.

At least 47 international companies have been pre-qualified to drill in the zones, which are expected to add 29 trillion tcf of gas and 10 billion barrels of oil to Iraqi reserves.

The zones up for grabs are mainly in western and central Iraq and companies that win the licenses will have to commit to spending up to $90 million-$300 million each, depending on the block.

These moves come as Iraq's oil strategists come to terms with the fact that the initial targets that Shahristani set for upgrading the oil industry and quadrupling production over the next few years were overly ambitious.

Global industry analysts have long argued that Shahristani's aim of boosting production to 10 million-12 million bpd by 2017 was unreachable given the state of Iraq's infrastructure after decades of neglect, war and economic sanctions during Saddam Hussein's era.

Most suggested that a ceiling of 5 million-6 million bpd -- around double the current production level of some 2.5 million bpd, the highest since 1979 -- was more realistic.

In April, Shahristani acknowledged that and said Baghdad plans to "slightly lower" the target of 12 million bpd so that increased production could be extended over a greater period of time.

He set the new target to be set by the end of the year would be "significantly higher" than the figure of 8.5 million bpd mooted in 2011.

"Iraqi output is constrained by its internal distribution infrastructure and the country's export capacity," observed Oxford Analytica.

"While the government's most ambitious targets suggest 12 million-13 million bpd by 2020 is theoretically possible, an output plateau of around 6 million-7 million appears more likely."

Even that would give Iraq immense clout within the Organization of Petroleum exporting Countries, and at today's prices would earn Baghdad some $1 billion a day to fund national reconstruction.

http://www.upi.com/Business_News/Ene...1701337281498/ ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36165-Iraq-s-fourth-auction-will-boost-oil-hopes House OKs continued war in Afghanistan http://www.dinarrumor.com/showthread.php?36166-House-OKs-continued-war-in-Afghanistan&goto=newpost Fri, 18 May 2012 15:53:42 GMT May 18 2012 WASHINGTON (AP) — The House endorsed the continued war in Afghanistan on Thursday despite acknowledgment from Republicans and... May 18 2012

WASHINGTON (AP) — The House endorsed the continued war in Afghanistan on Thursday despite acknowledgment from Republicans and Democrats that the American people are war-weary after more than a decade of conflict.

By a vote of 303-113, lawmakers rejected an amendment that would have swiftly ended combat operations in Afghanistan by limiting funds only to the "safe and orderly withdrawal of U.S. troops and military contractors from Afghanistan."

More than 10 years after the Sept. 11 terrorist attacks, American public support for the overseas conflict has deteriorated. An Associated Press-GfK poll released last week showed that backing for the war has hit a new low and is on par with support for the Vietnam War in the early 1970s. Only 27 percent of Americans say they support the war effort, and 66 percent oppose it, according to the survey.

"The American people are far ahead of Congress," said Rep. Barbara Lee, D-Calif., sponsor of the amendment, who called on Congress to stand squarely with the American people. "It's past time to end the war and bring the troops home."

Opponents of the amendment conceded that the public has grown tired of war, but they argued against a precipitous withdrawal.

"If we leave too early and the Taliban and al-Qaida return, more Americans will suffer," Rep. Mac Thornberry, R-Texas, said.

The vote came as the House considered a $642 billion defense budget for next year, debating more than 140 amendments to the far-reaching legislation. Final passage of the measure was expected Friday.

Rather than a speedy withdrawal from Afghanistan, the spending blueprint calls for keeping a sizable number of U.S. combat troops in the country. The bill cites significant uncertainty in Afghanistan about U.S. military support and says that to reduce the uncertainty and promote stability the president should "maintain a force of at least 68,000 troops through Dec. 31, 2014, unless fewer forces can achieve United States objectives."

The United States currently has 88,000 troops there. President Barack Obama envisions a final withdrawal of U.S. combat troops in 2014. Earlier this month, he signed an agreement with Afghan President Hamid Karzai on the role of America forces in counterterrorism and training of the Afghan military. The president insisted that the U.S. combat role was winding down.

In a series of votes late Thursday, the Republican-controlled House narrowly passed an amendment preventing federal agencies from requiring contractors to sign project labor agreements to secure federal contracts. The agreements require contractors to negotiate with union officials, recognize union wages and generally abide by collective-bargaining agreements. The vote was 211-209.

Clamoring for fiscal austerity, House Republicans backed deficit-cutting legislation last summer that calls for a $487 billion cut in projected defense spending over 10 years. They abandoned that plan in March, embracing a budget that adds billions of dollars for the military while slashing funds for some safety-net programs for the poor.

The $642 billion spending blueprint — $8 billion more than last year's agreement — provides funds for aircraft, ships, weapons, the war in Afghanistan and a 1.7 percent pay raise for military personnel. The House Armed Services Committee, in crafting its version of the budget, snubbed the Pentagon and military leaders on a range of issues, rejecting calls for another round of domestic base closings and increases in monthly health care premiums for working-age military retirees.

Health care costs have skyrocketed for the military, rising from around $19 billion in 2001 to more than $53 billion in recent years. The Pentagon has estimated that the premium hike — ranging from $35 to $140 per month — would save the military more than $12 billion over 10 years. But one of the most powerful constituencies, the network of veterans groups and retired generals, has lobbied lawmakers to prevent any increase.

The House's action on the budget has divided Republicans.

In a statement Thursday, Sen. Bob Corker, R-Tenn., said that if the House is serious about cutting the deficit, it can show its commitment by not passing "a final highway bill, postal bill or any other bill that would violate the Budget Control Act" — last summer's deficit-cutting pact between Obama and Congress.

Republicans used the House bill to make an election-year argument that they're stronger on defense than the president.

They backed construction of a missile defense site on the East Coast that the chairman of the Joint Chiefs of Staff says is unnecessary, saved aircraft and ships slated for cost-saving retirement, and slowed planned reductions in the Army and Marine Corps. They added millions of dollars for nuclear weapons and restricted the president's ability to reduce the nuclear stockpile under a treaty with Russia that the Senate ratified in December 2010.

Still fighting Obama's long-settled decision to allow gays to serve openly in the military, the bill would bar same-sex marriages on military installations.

"Welcome to the world of manufactured crisis," House Minority Leader Nancy Pelosi, D-Calif., told reporters in criticizing the provision as unnecessary.

The political challenges embodied in the bill are unlikely to survive. The White House has threatened to veto the legislation, citing a long list of objections.

Defense Secretary Leon Panetta has slammed the bill and lawmakers for protecting their pet projects. The Democratic-controlled Senate Armed Services Committee is expected to jettison many of the provisions in its version of the budget. The committee meets next week to write its bill.

The GOP effort to make Obama's national security record an issue in the campaign has gotten little traction. Opinion surveys show Americans give the president high marks on defense after the killing of Osama bin Laden, repeated drone attacks against suspected terrorists and a weakened al-Qaida, and an end to the Iraq war.

The House planned to debate the remaining amendments throughout the night Thursday, including one that would end the indefinite detention of terrorist suspects, even American citizens, captured on U.S. soil.
The issue has proved highly divisive for both parties.

"The president right now has the authority to go outside and lock somebody up indefinitely," said Rep. Adam Smith of Washington state, the top Democrat on the House Armed Services Committee. "It's an extraordinary amount of power to give the executive branch."

Smith and several tea party Republicans back an amendment that would bar indefinite detention without charge or trial of suspected terrorists and roll back the military custody requirement. Last year, Congress passed and Obama reluctantly signed a defense bill that included the provision allowing indefinite detention.

Thornberry, the Texas Republican, argued that the amendment would give terror suspects full constitutional rights.

"As soon as a member of al-Qaida sets foot on U.S. soil, they hear you have the right to remain silent," he said during debate.

Smith pointed out that the Constitution grants all persons due process. "Your beef is with James Madison," Smith said.

On Tuesday, a federal judge in New York struck down as unconstitutional the portion of the defense law that gives the government broad powers to regulate the detention, interrogation and prosecution of suspected terrorists.

http://news.yahoo.com/house-oks-cont...230734894.html ]]> The Rumorholic Lounge TRC http://www.dinarrumor.com/showthread.php?36166-House-OKs-continued-war-in-Afghanistan Sadr denies receiving any response from the National Alliance and the recently announ http://www.dinarrumor.com/showthread.php?36164-Sadr-denies-receiving-any-response-from-the-National-Alliance-and-the-recently-announ&goto=newpost Fri, 18 May 2012 15:46:24 GMT *Sadr denies receiving any response from the National Alliance and the recently announced a meeting of the political blocs * Friday, May 18 / May... Sadr denies receiving any response from the National Alliance and the recently announced a meeting of the political blocs


Friday, May 18 / May 2012 12:55


[Najaf - where]

Said the cleric Moqtada al-Sadr, a meeting soon to realize the project of national unitary, denied receiving any reply to his letter from the National Alliance. "


Sadr said in response to a question from one of his followers for receiving the response by the National Alliance to his letter with nine points and what are the next step after the deadline for the fifteen days that have been identified after the meeting of Irbil Five "has not received any response from any one of the brothers in the National Alliance at all and will be a meeting soon put the finishing touches to the project forward towards the achievement of the national Democratic Unionist ", without naming the political blocs participating in the meeting or to attend a venue.


And had been issued for the Arbil meeting a series of resolutions sent by the cleric Moqtada al-Sadr, in a letter to the National Alliance in the second of the month of May, and revealed the political sources that the message of the chest to the National Alliance included a clause to withdraw confidence from the government of Nouri al-Maliki in the absence of implementation of agreements on Arbil within a period of [15] days specified in his chest, according to those sources, the State of Law coalition refused to policies included in the message.

It is said that the National Alliance has failed over the past days the last Wednesday in a meeting of the whole political after sources familiar with the disputes between the State of Law coalition and the Liberal block of the Sadrist movement for a chest, which included a deadline for the owners of the implementation of the Convention on the Erbil or withdrawal of confidence by the .

Sadr has denied on Thursday during a joint press conference with the National Congress leader Ahmed Chalabi, after a meeting in Najaf, attended by the correspondent [where] he took "no response from a coalition of state law for the letter included nine points and sent by the National Alliance after the meeting Quintet, which was held in Erbil the end of the month of April, has said that Chalabi also at the press conference. "


For his part, MP for the National Alliance, Tima Ammar's [where] the mandate of President Ibrahim al-Jaafari coalition representatives to the National Alliance, the delivery response to a letter to the leaders meeting Irbil Five.

http://translate.googleusercontent.c...UVtm8AX9Y2pLUw ]]> General Iraq News Communicator http://www.dinarrumor.com/showthread.php?36164-Sadr-denies-receiving-any-response-from-the-National-Alliance-and-the-recently-announ <![CDATA[Iraq extends pipeline under Babylon's Hanging Gardens]]> http://www.dinarrumor.com/showthread.php?36163-Iraq-extends-pipeline-under-Babylon-s-Hanging-Gardens&goto=newpost Fri, 18 May 2012 15:41:12 GMT
Babylon's archaeological site - Unesco said key structures in the famed city were damaged as US forces dug trenches and pits, and used construction chemicals. Source: AFP

May 18 2012

BABYLON'S Hanging Gardens was one of the Seven Wonders of the Ancient World, but heritage appears to be no match for Iraq's booming oil industry in a dispute over a new pipeline.

As Baghdad is working to get the UN Educational, Scientific and Cultural Organisation (Unesco) to list Babylon as a World Heritage Site, archaeologists and oil ministry officials are in a battle over a pipeline that one side insists threatens the site and could cause irreparable damage to the ruins.

Qais Rashid, head of the Supreme Board of Antiquities and Heritage, said the oil ministry drilled to extend a pipeline that runs about 1.5km in length, to transport petroleum products through the archaeological site of Babylon.
The pipeline was officially opened in March.

"The work could damage priceless antiquities belonging to the modern era of Babylon, especially by drilling," Mr Rashid said.

Mariam Omran, head of the antiquities department in Babil province, where the site lies, added that much of the archaeological area was still unexplored, and while no damage was visible, there was no telling what the impact was beneath the surface.

"There may be antiquities just centimetres below the ground," she said. "The antiquities at these sites have not yet been fully discovered, just like the rest of the historical landmark."

But oil ministry spokesman Assem Jihad defended the Babylon project, saying "it was carried out...hundreds of metres from the archaeological sites".
"We did not find any traces or evidence of the existence of antiquities during the drilling operations."

Babylon lies some 90km south of Baghdad and is considered one of the cradles of human civilisation. It was the capital for two renowned kings of antiquity: Hammurabi (1792-1750 BC) and Nebuchadnezzar (604-562 BC), who built the Hanging Gardens.

The Inner City covers an area of 2.99sq km and the outer walls surrounding the city east and west of the Euphrates enclose another 9.56sq km.

Listed as an archaeological site since 1935, it has been partially excavated over the past century, but much of the ancient city remains to be uncovered.

A 2009 report from Unesco said: "The archaeological city was plundered during the US-led war in 2003 that ousted Saddam Hussein. Contents of the Nebuchadnezzar and Hammurabi museums and of the Babylon Library and Archive were stolen and destroyed."

And the city was damaged by "digging, cutting, scraping and levelling" for a US military base that was located there from April 2003 to December 2004.

The Ishtar Gate and Processional Way were among key structures damaged, the UN agency said, as US forces made key adaptations to the historical site to fortify their base by building trenches and pits, and using chemicals to complete construction works.

Iraq is a country rich in history and archaeological sites that offer great potential for tourism, but the vast majority of government revenues still come from oil.

Exports are rising rapidly, averaging 2.508 million barrels per day in April and pulling in $8.8 billion, with both figures at their highest levels since 1989.

The sales are providing much needed income to help fund rebuilding of Iraq's dilapidated infrastructure, wracked by decades of war and sanctions.

"There have been two pipelines to transport petroleum products in the same location for more than 30 years," said oil ministry staffer Jihad, adding that "the new strategic pipeline supplies oil products from refineries to the south of Baghdad".

But Mr Rashid unfurled a map of the site across his desk in his office in Iraq's National Museum and said: "The pipeline passes via the northern edge of the site, through the archaeological site, and then through the southern edge."

He said the pipeline presented "major risks", including pollution of the environment, and the threat of a potential explosion of the pipeline.

Ms Omran of the antiquities department showed off a visible section of the pipeline, which lies nearly two metres underground.

"The implementation of this project," she said, "is an extreme violation of the law on the protection of antiquities".

Iraq made three requests to establish Babylon as a Unesco World Heritage Site under Saddam Hussein's regime, but all were rejected because the site was badly administered, the organisation said.

Saddam did not properly care for the site, even rebuilding part of the city with bricks stamped with his initials.

But Mr Rashid said: "Unesco stressed that it is not only the former regime, but the current regime in Iraq that also does not respect the antiquities."

When asked about the pipeline, Unesco told AFP that "it will respond formally on this matter" but gave no further details.

Mr Rashid, however, claimed that "putting in the pipeline is like a bullet that killed our efforts to include the city of Babylon" as a World Heritage Site.

http://www.theaustralian.com.au/busi...-1226360437711 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36163-Iraq-extends-pipeline-under-Babylon-s-Hanging-Gardens Qutaiba Jubouri: Mutlaq turned against the Iraqi no-confidence about him, would be th http://www.dinarrumor.com/showthread.php?36162-Qutaiba-Jubouri-Mutlaq-turned-against-the-Iraqi-no-confidence-about-him-would-be-th&goto=newpost Fri, 18 May 2012 15:31:27 GMT *Qutaiba Jubouri: Mutlaq turned against the Iraqi no-confidence about him, would be the closest to him* On: Friday 18/05/2012 13:01 ... Qutaiba Jubouri: Mutlaq turned against the Iraqi no-confidence about him, would be the closest to him

On: Friday 18/05/2012 13:01




Baghdad (news) .. He said the head of the / Iraq Free / MP Qutaiba Jubouri, the leader of the dialogue, the leader of the Iraqi List, Saleh al-Mutlaq turned on its list of its withdrawal of confidence in Prime Minister Nuri al-Maliki, through his return to office, will also be closest to those of the owners .
The Jubouri in a statement to the Agency (news) Friday: that the issue of withdrawal of confidence from the current government headed by Nuri al-Maliki, is not new to the masses has not been applied, and use the Lal political pressure and was one off the return of the Deputy Prime Minister Saleh al-Mutlaq of the office, indicating the following: that Iraq is witnessing a split Ajmalla after the withdrawal of confidence, because of the return of al-Mutlaq of office in addition to the presence of a cluster solution that reject the idea.

The head of the Iraqi Free: that al-Mutlaq has intelligence enough to exploit the political crisis properly, through his position as Deputy Prime Minister and has direct contact with Nuri al-Maliki, and thus the closest would be in Iraq for the owners.

The Jubouri: The components of the Iraqi (reconciliation, dialogue, solution, Iraqi, Refurbished) now does not have decision-making within the list, but has become a resolution, however, the components of the Islamic sectarianism, (to him).

And yesterday, the withdrawal of Prime Minister Nuri al-Maliki, a book no-confidence in his deputy, Saleh al-Mutlaq of the parliament.
Yassin Majeed said deputy State of Law coalition said in a statement: that Maliki face the withdrawal of the book that sent him to the presidency of the parliament ahead of time and the judge to withdraw confidence from the Vice President for Services Affairs Saleh al-Mutlaq.

Prime Minister Nuri al-Maliki sent a letter to the chairman of the parliament directed the withdrawal of confidence from his deputy, Saleh al-Mutlaq, on the back called him the owners of "dictator who Eebeni" but al-Mutlaq has declined recently and said that Maliki was not a dictator and he leads the Council of Ministers professionally. / Finished / 0.7 . n. r /

http://translate.googleusercontent.c...M58zO8bCiEYflQ ]]> General Iraq News Communicator http://www.dinarrumor.com/showthread.php?36162-Qutaiba-Jubouri-Mutlaq-turned-against-the-Iraqi-no-confidence-about-him-would-be-th Chest: we will hold a meeting soon to finalize the national project http://www.dinarrumor.com/showthread.php?36161-Chest-we-will-hold-a-meeting-soon-to-finalize-the-national-project&goto=newpost Fri, 18 May 2012 15:20:58 GMT May 18 2012 (Voice of Iraq) - Alsumaria News / Najaf Denied the cleric Moqtada al-Sadr, on Friday, receiving no response from the National... May 18 2012

(Voice of Iraq) - Alsumaria News / Najaf

Denied the cleric Moqtada al-Sadr, on Friday, receiving no response from the National Alliance on his message so far, as he emphasized that the meeting would be held soon to finalize the project's national and democratic.

He said Moqtada al-Sadr in response to a question from one of his supporters on receiving a response from the National Alliance on his message, and received "Alsumaria News", a copy of it, he "has not received any response from the brotherhood of the National Alliance at all," asserting that "the meeting will be held soon to finalize The final draft of the national and democratic. "

The block free of the Sadrist movement revealed, on Thursday, (17 of May) that the current leader Moqtada al-Sadr delivered a formal response from the National Alliance on his message, while confirming that the chest will be in the coming hours.

And refused to cleric Moqtada al-Sadr rejected, on Thursday (17 May 2012), to comment on the question about the withdrawal of confidence from Prime Minister Nuri al-Maliki with the deadline set by him, as he emphasized that the decision whether or not to stick to its demands will be determined during the next few hours.

The leader of the Kurdistan Democratic Party just Berwari, the first on Wednesday, (16 of May) meeting of five other political leaders in Najaf, adding that this step is in the interest of Iraq so as not to appeal the meeting of Erbil, which was held on the 28 of April.

And timed the 15-day, as determined by the cleric Moqtada al-Sadr to Prime Minister Nuri al-Maliki in the letter sent by the leader of the National Alliance, Ibrahim al-Jaafari, said on Thursday (17 May 2012), to start implementing the decisions of the meeting of the five leaders in Arbil, which was held the 28 of last April, and included focus on the importance of the national meeting and need to adhere to its decisions that come out, and commitment to the Constitution which defines the form of the state and the relationship of the three powers and the independence of the judiciary and the nomination of the names of the security ministries, to be ratified by the House of Representatives during the week that there was a sincere and serious by al-Maliki.

The Sadrists announced that the National Alliance will meet after the deadline set by its leader to start procedures for withholding confidence from the Prime Minister if you do not respond to the demands of nine, as revealed by the presence of four candidates replacements for the current Prime Minister Nuri al-Maliki within the National Alliance, stressing that the President of the National Alliance Ibrahim Jaafari is the favorite to fill the position for the existence of approved within the coalition and outside, while noting a coalition of state law that the points leader of the Sadrist movement, acceptable to all except the no-confidence in Maliki and determine its mandate, stressing that the majority of the political blocs were part of the National Alliance is committed to a government of national partnership, "led by Maliki, has not been discussed until now the subject of censure him.

It is noteworthy that the province of Arbil have seen in (April 28, 2012) closed-door meeting attended by President of the Republic Jalal Talabani and parliament Osama Najafi and the Iraqi leader Iyad Allawi and the Kurdish regional President Massoud Barzani and the cleric Moqtada al-Sadr, considered by some observers to try to withdraw confidence from the Prime Minister Nuri al-Maliki after alliance with the Sadrists a component of the National Alliance task.

The unity of the differences between the political blocs escalated when shifted from the different Iraqi rule of law to the difference in the latter with the Kurdistan Alliance, too, after the new President of Iraqi Kurdistan Massoud Barzani (April 6, 2012), during his visit to the United States attack against the central government in Baghdad and accused her of derogation of the promises and commitments, while stressing that the Kurds would not accept in any way to be positions and powers, however, one person, "leading the army two million."

And reliable parties politicians currently on the National Congress to resolve differences among themselves, except that the conference is expected to take place in the coming days, you may not carry the solution to the tireless differences under the threat of the Iraqi List boycott does not comply with a coalition of state law, the implementation of the terms of Erbil, which was formed on the basis of the government, eight or ten items put forward by the leader of the Sadrist movement during its meeting in Arbil with Kurdish regional president Massoud Barzani.

http://translate.googleusercontent.c...#axzz1v2nqfTvw ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36161-Chest-we-will-hold-a-meeting-soon-to-finalize-the-national-project Undersecretary of the Ministry of Agriculture: The coming days will witness a decline http://www.dinarrumor.com/showthread.php?36160-Undersecretary-of-the-Ministry-of-Agriculture-The-coming-days-will-witness-a-decline&goto=newpost Fri, 18 May 2012 15:07:48 GMT Undersecretary of the Ministry of Agriculture: The coming days will witness a decline prices of vegetables and fruits to the large number of articles... Undersecretary of the Ministry of Agriculture: The coming days will witness a decline prices of vegetables and fruits to the large number of articles in the local markets

May 18 2012

(Voice of Iraq) - Baghdad (news)

Technical reasons for the agent of the Ministry of Agriculture Mehdi ligature Qaisi, the reasons for increased prices of vegetables and fruits in the markets during the past two months to the lack of local product, likely decrease in the coming days multiples of the many articles in the local markets.

He said Qaisi (for the Agency news) Friday: The issue of prices of vegetables and fruits determined by supply and demand in local markets, and in the past two months, the product's local vegetables and fruits few, which led to increased prices in the markets, forcing the ministry to allow the import of materials (vegetables and fruits) of abroad temporarily.

He added that the ministry field committees to monitor the quantities of supply and demand and to determine the import of light to create a balance in supply and demand in order to support the local product.

He pointed out: that the harvest of crops and started coming days will see a display of local produce abundant fruit and vegetables and therefore will see a sharp decline Basaarhma.

The Iraqi market is witnessing a big increase prices of vegetables and fruits, especially after the decision of the Economic Committee in the Council of Ministers last February to prevent the import of foreign fruits and vegetables in order to support the local product.

http://translate.googleusercontent.c...#axzz1v2nqfTvw ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36160-Undersecretary-of-the-Ministry-of-Agriculture-The-coming-days-will-witness-a-decline Minister of Finance: the private sector more freedom in the completion of projects .. http://www.dinarrumor.com/showthread.php?36159-Minister-of-Finance-the-private-sector-more-freedom-in-the-completion-of-projects-..&goto=newpost Fri, 18 May 2012 15:04:35 GMT Minister of Finance: the private sector more freedom in the completion of projects ..The government can not create jobs May 18 2012 (Voice of... Minister of Finance: the private sector more freedom in the completion of projects ..The government can not create jobs

May 18 2012

(Voice of Iraq) - Baghdad (news)

Finance Minister Rafie al-Issawi, said that the private sector more freedom in completing projects in the country, stressing that the government can not create jobs.

Issawi said in a statement singled out by the Agency (news): it is necessary to start the private sector and the banking sector in a genuine partnership with the government, in cooperation with the private sector and this is what the text of the Constitution.

And Issawi: that, despite all the budgets provided by the Government in general and the Finance Ministry to other ministries, in particular, remain the hands of the private sector more freedom and more bureaucracy to reach the completion of projects and job creation especially as the country is now experiencing thirst large part to the implementation of projects large and small where .

The al-Issawi: that the government can not all the way to cover all the projects and create jobs and economic balance so we believe that the leadership of the private sector in particular with regard to the banking sector to embrace the investment is something positive and healthy as infrastructure investment, a goal must be to combine government agencies to support .

It is noteworthy that Iraq declared earlier to postpone the program for restructuring the financial system of Iraq until the year 2013, which included the restructuring of the largest banks Iraqi owned by the state and are the Rafidain and Rasheed, and restructuring of the Audit Department at the Central Bank and the development of the private banking sector.

The Central Bank of Iraq, said in November of the year 2010, that foreign banks operating in Iraq do not work independently, but under the umbrella of the local community banks, indicating that the investments of the regional countries in Iraq with a commercial character and lacking in international standards.

http://translate.googleusercontent.c...#axzz1v2nqfTvw ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36159-Minister-of-Finance-the-private-sector-more-freedom-in-the-completion-of-projects-.. Defence confirmed the withdrawal and redeployment of its forces in cities across http://www.dinarrumor.com/showthread.php?36158-Defence-confirmed-the-withdrawal-and-redeployment-of-its-forces-in-cities-across&goto=newpost Fri, 18 May 2012 15:01:19 GMT May 18 2012 (Voice of Iraq) - Baghdad / term Defence Ministry said, on Thursday, said that the process of military withdrawal Qtatha city... May 18 2012

(Voice of Iraq) - Baghdad / term

Defence Ministry said, on Thursday, said that the process of military withdrawal Qtatha city centers and their redeployment outside depends on the plan developed for this purpose depends on the state of security and stability in the country.The commander of the armed forces of Iraq Nouri al-Maliki announced on the ninth of January, the formation of joint committees of the Ministries of Defense and the Interior to transfer security responsibilities to the internal troops and Interior Ministry.

And holds the forces of the Ministry of Defence mainly manage the security file in all the provinces through the leadership of the operations supported by Interior Ministry forces to rein in armed groups and cells linked to al Qaeda.

He said ministry spokesman Colonel Zia agent, told the Kurdish news agency (Rn) that "the process of withdrawal of troops from city centers and re-deployment is outside under a plan developed for this purpose is dependent on the state of security and stability."

The agent that the withdrawal and redeployment Whitman gradually now, "and the element of security and stability is determined by the speed Atmamanma."

And the state to provide security and stability "may accelerate the timelines established within the plan" for the withdrawal of military forces to the barracks assigned to them.

Iraq continues to suffer from tension in the security situation, and see his cities deadliest bombings almost daily basis mainly targeting government troops and officials in power.

And security incidents occur, although reports indicate that the Iraqi Al-Qaeda militant faces "significant failures" during the past two years, especially after the killing or arrest of the most prominent leaders.

The number of members of the Iraqi army forces present, according to the Iraqi Ministry of Defense of more than 130 thousand element, including 115 thousand in the ground forces, and 700 in the Air Force, and 1100 in the Navy, and 15 thousand in the special forces, and 11 thousand in the various units of the cross-martial.

It consists of the current Iraqi army by the ministry of 114 combat battalions, including anti-terrorism regiment associated with the Office of the Commander in Chief of the Armed Forces Nouri al-Maliki, and the regiment stun plus eight regiments of the infrastructure strategy.

http://translate.googleusercontent.c...#axzz1v2nqfTvw ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36158-Defence-confirmed-the-withdrawal-and-redeployment-of-its-forces-in-cities-across Iraq Olympic delegation in 2012 to visit the British Embassy to prepare for travel http://www.dinarrumor.com/showthread.php?36157-Iraq-Olympic-delegation-in-2012-to-visit-the-British-Embassy-to-prepare-for-travel&goto=newpost Fri, 18 May 2012 14:53:13 GMT Iraq Olympic delegation in 2012 to visit the British Embassy to prepare for travel to London May 17 2012 (Voice of Iraq) - Baghdad - where ... Iraq Olympic delegation in 2012 to visit the British Embassy to prepare for travel to London

May 17 2012

(Voice of Iraq) - Baghdad - where

A number of members of the mission the Iraqi Olympic visit the British embassy in Baghdad yesterday to create and official travel documents to participate in the Olympic Games to London in 2012.

A statement of the Embassy of the Agency has received all of Iraq [where] a copy of it for the British Ambassador Michael Aron said during the ceremony which was held in honor of the sports delegation of Iraq headed by thunder Ahuda it was "a great opportunity to meet with some members promising and Mufamin hope of Olympic delegation of Iraq, and I feel impressed to their dedication and devotion for games that practice it, and it's amazing to see Iraq be shared with the countries of the world and he has a sporting spirit high and the desire to excel. and that these young people represent the ambassadors are great for their country, "and expressed" wishes for the return with some medals. "

"The competition was held and a friendly swim between the swimmer butterfly Muhannad al-Azzawi, who at the age of sixteen years with one of the best swimmers Embassy Christopher Gulf and in the swimming pool on the embassy. The Sbahan cut the pool of three lengths starting from the moment of jumping into the water, won Muhannad in all, despite that the Gulf has made progress, but Muhannad won in the final meters. "

The delegation left the embassy after they completed measures of entry and features that will allow them to travel to participate in the Olympic Games in 2012 and which will be held in London starting from 27 July.

http://translate.googleusercontent.c...#axzz1v2nqfTvw ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36157-Iraq-Olympic-delegation-in-2012-to-visit-the-British-Embassy-to-prepare-for-travel Withdrawing confidence from government needs voting of more than half MPs, says legal http://www.dinarrumor.com/showthread.php?36154-Withdrawing-confidence-from-government-needs-voting-of-more-than-half-MPs-says-legal&goto=newpost Fri, 18 May 2012 02:10:51 GMT *Withdrawing confidence from government needs voting of more than half MPs, says legal expert* Thursday, 17 May 2012 11:57 | | | Baghdad... Withdrawing confidence from government needs voting of more than half MPs, says legal expert

Thursday, 17 May 2012 11:57 | | |


Baghdad (AIN) -The legal expert, Tariq Harb, stated "legally, withdrawing confidence from the current government is possible in case of questioning the Prime Minister, Maliki over certain issues and in case the Parliament approved it by voting on it."



"The withdrawal of confidence requires approval of (164) members of the parliament out of the total number (325) MPs which means more than half of them," stressing "this cannot be achieved because of the disputes among the political blocs."



He added "in case the withdrawal is voted on, the government would become a caretaker government."




The head of Sadr Trend, Muqtada al-Sadr, has participated in a meeting which was held in Erbil involving the President, Jalal Talabani, the Speaker, Osama al-Nijaifi, the President of Kurdistan Region, Masoud Barzani, and the as well as the head of the Iraqiya Slate, Ayad Allawi, to discuss the political crisis.



The participants in the meeting sent a letter, including nine items, to the Iraqi National Alliance requesting Maliki to apply them within fifteen days otherwise they will withdraw confidence from him. /End/

http://www.alliraqnews.com/en/index....said-legal-exp ]]> General Iraq News Communicator http://www.dinarrumor.com/showthread.php?36154-Withdrawing-confidence-from-government-needs-voting-of-more-than-half-MPs-says-legal Central Bank: banks accused of fraud in the proportion of profits in hard currency http://www.dinarrumor.com/showthread.php?36153-Central-Bank-banks-accused-of-fraud-in-the-proportion-of-profits-in-hard-currency&goto=newpost Thu, 17 May 2012 22:28:40 GMT May 17 2012

Accused the central bank, on Thursday, except the good banks to "circumvent" the rate of profit on the sale of hard currency specified by the Bank.

The deputy governor said that the appearance of Mohammed, "and, alas, except banks, Rasheed Bank does not charge the rate of profit given to it by the Central sell hard currency for consumers with a rate ten dinars per dollar."

He explained that the appearance of "the banks and instead of being the link between the central bank and the buyer turned to the final buyer and seller of a final and started to sell foreign currency at black market to consumers."

It is clear that "the owners of banks have the tricks and twisting to get the monopoly commission does not care about the country's economy," noting that "the solution lies in providing adequate foreign currency market."

The central bank last week accused the four countries to "conspiracy" to hit the financial economy to empty the financial strength of its market, noting that the free trade corridors in Iraq is becoming the means adopted to hit the economy.

http://translate.googleusercontent.c...wGx-Gd0QhFY2Ow ]]> Dinar News ONLY TRC http://www.dinarrumor.com/showthread.php?36153-Central-Bank-banks-accused-of-fraud-in-the-proportion-of-profits-in-hard-currency Exchange rate changes likely as dong up http://www.dinarrumor.com/showthread.php?36151-Exchange-rate-changes-likely-as-dong-up&goto=newpost Thu, 17 May 2012 20:39:33 GMT May 17 2012 VietFinanceNews.com - The Vietnamese dong currency is rising, so exchange rate adjustments may be in store, said economic experts... May 17 2012


VietFinanceNews.com - The Vietnamese dong currency is rising, so exchange rate adjustments may be in store, said economic experts of the National Institute for Finance at a conference in Hanoi last week.

According to analyses by experts, the dong has strengthened by 23.8% against the U.S. dollar and by 5.7% against the basket of currencies of the country’s major trading partners.

The exchange rate has stayed quite stable on the market as exporters have steadily sold the U.S. dollar to banks. The dong and dollar selling prices at times are on a par with or even lower than those set by the State Bank of Vietnam.

The greenback has been in decline against other currencies in recent years, leading to the lower rise of the dong against the basket of hard currencies.

However, according to experts, the pressure of stabilizing the exchange rate still remains a challenge for policymakers.

Inflation is seen falling towards the year-end given tight monetary and fiscal policies. The State Bank of Vietnam may be forced to adjust the exchange rate slightly to support export, reduce trade deficit and improve the balance of payments and foreign reserves.

After the exchange rate was adjusted last February to make the dong drop by 8.5% against the U.S. dollar, the rate has been kept unchanged since then.

http://www.vietfinancenews.com/2012/...s-dong-up.html ]]> More Investments TRC http://www.dinarrumor.com/showthread.php?36151-Exchange-rate-changes-likely-as-dong-up Exchange rates stay stable http://www.dinarrumor.com/showthread.php?36152-Exchange-rates-stay-stable&goto=newpost Thu, 17 May 2012 20:36:39 GMT May 17 2012 VietFinanceNews.com - Exchange rates are showing stable development, says financial and banking expert Nguyen Tri Hieu. The... May 17 2012


VietFinanceNews.com - Exchange rates are showing stable development, says financial and banking expert Nguyen Tri Hieu. The average inter-bank rate of exchange yesterday, as listed by the State Bank of Viet Nam, continued to stay at VND20,828 per US dollar, a level it had maintained for almost all of a six-consecutive-month period since November 24 last year.

Exchange rates on the regular market were showing correlative moves, with commercial banks — including Vietcombank, BIDV, Eximbank and Vietinbank — listing buying rates at around 20,820 dong/dollar and selling rates around 20,870 dong/dollar.

Hieu told Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) that the stable trend was due to significantly increasing State Bank foreign exchange reserves, few fluctuations on the gold market and great differences between the interest rates for dong and dollar, which was making the foreign currency less attractive.

The trend was also backed by central bank measures to stabilise the foreign currency market, positive signs from import-export and declining demand for foreign currencies due to domestic production slowdown, he added.

The National Financial Supervisory Committee (NFSC) said there was a high possibility that stability would continue over the coming months.

Exchange rates would not see strong fluctuations in the short term with abundant supply and small demand for foreign currency, it said, noting that the nation's general payment balance was seeing a surplus of about US$2 billion while international investors were showing greater confidence in the domestic economy.

Hieu warned, however, that there were still many unpredictable factors that could cause fluctuations in the foreign currency market during the remainder of the year, as global prices remain unstable and imports are likely to see sudden changes by the end of the year.

Tai Hui, an economist at Standard Chartered Bank, recently said although the trade deficit had narrowed to $257 million in the first quarter of this year from $1.6 billion in last year's fourth quarter, it was still too early to determine whether the trade balance would continue to improve or not.

He reportedly forecast that the dong would depreciate slightly by 4.3 per cent in 2012.

The NFSC said flexible policies were needed in order to avoid pressure on exchange rates between now and the end of the year and that rates should be kept at "reasonably stable" levels.

The dong should not be floated so as not to negatively affect the Government's efforts in restoring the confidence of business, investors and people in the domestic currency's value and the economy.

On the other hand, the NFSC said with an inflation difference level between Viet Nam and its major trade partners expected to reach 5-7 per cent this year, and with the dong being valued about 5.46 per cent higher than its real value, a fixed exchange rate would affect the competitiveness of domestic goods in the future.

The committee said the current exchange rate could be adjusted in a 3-5 per cent amplitude to facilitate exports, which were expected to see many difficulties.

A Government commitment to maintaining stable exchange rates with low-level adjustments would stimulate short-term capital flows into the country, including finances from foreign direct investment and foreign short-term lending, the NFSC said.

Such capital sources would help increase foreign currency supply and national reserves, which could promptly be withdrawn from Viet Nam in case of fluctuation, posing a risk for the country in the middle term if capital inflows were large-scale compared with national reserves, it noted.

http://www.vietfinancenews.com/2012/...ay-stable.html ]]> More Investments TRC http://www.dinarrumor.com/showthread.php?36152-Exchange-rates-stay-stable New SBV Deputy Governor to fast-track restructuring plans http://www.dinarrumor.com/showthread.php?36150-New-SBV-Deputy-Governor-to-fast-track-restructuring-plans&goto=newpost Thu, 17 May 2012 20:31:07 GMT May 17 2012 VietFinanceNews.com - The Prime Minister has appointed another deputy governor to the State Bank of Vietnam (SBV) to accelerate... May 17 2012


VietFinanceNews.com - The Prime Minister has appointed another deputy governor to the State Bank of Vietnam (SBV) to accelerate restructuring in the banking sector.

Dao Minh Tu will be the sixth deputy governor of the SBV, beginning May 15, 2012.

Other SBV deputy governors include Nguyen Dong Tien, Le Minh Hung, Tran Minh Tuan, Dang Thanh Binh and Nguyen Toan Thang.

Various international organisations have been recommending that Vietnam set a comprehensive programme for the restructuring of the banking sector for some time.

In order to meet this target, they say, it is vital that the country has both capital and competent human resources.

According to the country's road map for restructuring of the banking system, banks have been put into categories. Category number 3 are given from the second quarter of this year until the end of next year to complete their restructuring plans. The target for this group is to achieve credit growth rate of 8% in 2012.

Between 2013 and 2015, the country will focus on enhancing the efficiency of banks and strive to increase the level of at least 1 or 2 of them to the highest rated in the region.

Another goal is that by 2015, at least four financial institutions will be eligible to compete in the regional market. By 2020, one or two institutions are expected to be listed among the largest financial institutions in the Southeast Asia.

http://www.vietfinancenews.com/2012/...ast-track.html ]]> More Investments TRC http://www.dinarrumor.com/showthread.php?36150-New-SBV-Deputy-Governor-to-fast-track-restructuring-plans University of Baghdad Tdaumentebhe to receive their salaries through the smart card http://www.dinarrumor.com/showthread.php?36148-University-of-Baghdad-Tdaumentebhe-to-receive-their-salaries-through-the-smart-card&goto=newpost Thu, 17 May 2012 20:29:07 GMT University of Baghdad Tdaumentebhe to receive their salaries through the smart card starting from this month Image:... University of Baghdad Tdaumentebhe to receive their salaries through the smart card starting from this month


May 17 2012

BAGHDAD - and babysit - called on the presidency of the University of Baghdad employees to receive their salaries from the month of May through the smart card of the branches of the Rafidain Bank or civil offices.

A source at the university "The use of the smart card will contribute to facilitate and accelerate the distribution of salaries to employees electronically, through the branches of the Rafidain Bank spread all across the country"

"The move will ease the burden of administrative, financial and achieve the goals of the university aimed to be one of the institutions that keep pace with evolving scientific progress in all fields" ... p / i

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36148-University-of-Baghdad-Tdaumentebhe-to-receive-their-salaries-through-the-smart-card Market Summary May 17 2012 http://www.dinarrumor.com/showthread.php?36149-Market-Summary-May-17-2012&goto=newpost Thu, 17 May 2012 20:26:45 GMT Main Index 116.11 Change 0.31 Change % 0.27% Value Traded 1,421,696,352 Main Index 116.11

Change 0.31


Change % 0.27%


Value Traded 1,421,696,352


Shares Traded 584,601,732


Trades 409


Symbols Traded 43


Symbols Up 21


Symbols Down 11


Flat 11

http://72.52.252.89/isxportal/portal...urrLanguage=en

http://www.rabeesecurities.com/ ]]> Iraq Stock Exchange TRC http://www.dinarrumor.com/showthread.php?36149-Market-Summary-May-17-2012 Trade: Buy national product of the items of the ration instead of imported http://www.dinarrumor.com/showthread.php?36146-Trade-Buy-national-product-of-the-items-of-the-ration-instead-of-imported&goto=newpost Thu, 17 May 2012 20:22:29 GMT Image: http://s1.alrayy.com/alrayy/images/50920.jpg May 17 2012 *BAGHDAD - and babysit* - The Ministry of Commerce orientation for the...

May 17 2012

BAGHDAD - and babysit - The Ministry of Commerce orientation for the purchase of the national product of the items of the ration card.

She said in a press statement "that the ministry will start to buy local products instead of imported at a preferential rate (5%) up to a maximum of the price of the imported product, as this decision is to encourage private industry and public."

She added, "that the Council of Ministers decided to study the possibility of buying material sunflower oil produced by a local company to process 20 thousand tons at the price equivalent to A and / 804 / dollars per ton, delivered dinars and the period of six months and in a manner Cash."

The Council of Ministers decided at its usual Tuesday held its first allowing the Department of Commerce purchased the product to the national ration card items at a preferential rate (5%) up to a maximum of the price of the imported product ... p / i

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36146-Trade-Buy-national-product-of-the-items-of-the-ration-instead-of-imported National Insurance provide for treatment of policyholders in health abroad http://www.dinarrumor.com/showthread.php?36147-National-Insurance-provide-for-treatment-of-policyholders-in-health-abroad&goto=newpost Thu, 17 May 2012 20:21:01 GMT Image: http://s1.alrayy.com/alrayy/images/50926.jpg May 17 2012 *BAGHDAD - and babysit* - The insurance company Aloutnahan exchange amount...

May 17 2012

BAGHDAD - and babysit - The insurance company Aloutnahan exchange amount of / 320 / million cost of treating the collector and health insurance policies issued by the company, both inside and outside Iraq and the various injuries of the first four months of this year.

An official source at the company: The compensation included surgical operations sudden resulting from disease Aouhadt accidental unexpected happened during the period of validity of the insurance policy in addition to the operations of the bones and fractures and Nador diagnostic Awalalaj and screening MRI and cardiac surgery, physical therapy and massage and chronic disease processes of cancer and diseases, radiation and therapy radiation as well as emergency dental operations.

He added that this document provides a great service to the individual as it covers most types of surgeries performed inside and outside Iraq as well as coverage of the treatment after surgery and medical follow-up.

The compensation was incurred by the National Insurance Company to the insured group health insurance for 2011 the amount of / 320 / million / 389 thousand and 120 dinars ... p / i

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36147-National-Insurance-provide-for-treatment-of-policyholders-in-health-abroad Nassif, demanding the prime minister replacing some members of the Iraqi-Kuwaiti http://www.dinarrumor.com/showthread.php?36145-Nassif-demanding-the-prime-minister-replacing-some-members-of-the-Iraqi-Kuwaiti&goto=newpost Thu, 17 May 2012 20:07:34 GMT Image: http://s2.alrayy.com/alrayy/images/50960.jpg May 17 2012 *BAGHDAD - and babysit* - member bloc called Iraqi Free High Nassif prime...

May 17 2012

BAGHDAD - and babysit - member bloc called Iraqi Free High Nassif prime minister to replace members of the Ministerial Committee formed to discuss the outstanding issues with Kuwait in the committees of those who repeat the previous new members.

Said Nassif in a statement received news agency public opinion (and babysit) a copy of it on Thursday: "The repetition of some of the members participating in the committees earlier had been formed for the same purpose may make the current Commission does not come with something new with respect to crucial issues outstanding between Iraq and Kuwait, as a matter of Chapter VII Mubarak and the port and the demarcation of land border and sea border and oil wells.

She added that some members of the current Commission had stated in the past period entitlement Kuwait construction of the port of Mubarak, which means that the current may be the cause of this issue is already resolved in favor of Kuwait.

She stressed: the need to replace the repeat of the previous committees as a normal practice in all countries of the world in such a international issues relating to settlement of disputes between the two states.

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36145-Nassif-demanding-the-prime-minister-replacing-some-members-of-the-Iraqi-Kuwaiti Municipality of Baghdad to discuss the reports Baghdad Metro Project with a French http://www.dinarrumor.com/showthread.php?36144-Municipality-of-Baghdad-to-discuss-the-reports-Baghdad-Metro-Project-with-a-French&goto=newpost Thu, 17 May 2012 19:57:10 GMT Municipality of Baghdad to discuss the reports Baghdad Metro Project with a French company Image: http://s0.alrayy.com/alrayy/images/51009.jpg ... Municipality of Baghdad to discuss the reports Baghdad Metro Project with a French company


May 17 2012

BAGHDAD - and babysit - discussed the technical team of the Municipality of Baghdad, on Thursday, reports submitted by the French company Systra charged with preparing designs for Baghdad Metro Project.

According to the Directorate of relations and the media that "the meeting which was attended by a number of engineers and consultants in the Municipality of Baghdad and representatives from the ministries of transport, electricity and a number of lecturers from the University of Baghdad and the rivers were able to discuss the reports prepared by Systra French and for the preparation of designs for Baghdad Metro Project."

The statement added that "the meeting also included notes by consultants, specialists and representatives of the ministries on the reports of the consulting firm and then returned to it to be modified so that the observations are completed all the final designs for the project."

The statement said that "This project will serve most areas of the capital Baghdad, where consists of two tracks I will be the length (18) km and includes (20) station and starts from the end of Sadr City, where the center locomotives main across the street Alچuadr down to the yard Khilani and yard jump (the station key shared) , then walk under the street and down to the Caliphs of Imam Al-Azam Square and ending (Antar) in the neighborhood of Adhamiya. "

The statement noted that "the second track with a length of (21) km and includes (21) station and starts from the square opening area of ​​the pool through the street Sadoun across the yard Khilani to reach the yard jump and head to the Mansour district through street (Damascus) and up to the intersection of the Baghdad International Fair and is divided into two branches, one toward Mansour and up to Washash and the other towards the Baya area across the street from the south and ends at the intersection of Sharjah. "

A statement by the Municipality of Baghdad that "the establishment of the metro network will contribute to resolve a large part of the problem of traffic congestion experienced by the streets of Baghdad because of the ever increasing number of cars that entered Iraq since the fall of the former regime, as well as that this project reduces the rates of high pollution of materials (hydrocarbon ), affecting the toxic atmosphere and environment of the capital. "

The secretariat of Baghdad has called on all international companies specialized in the area of ​​the metro to submit proposals to update the studies and designs and full bills of quantities and the implementation of the project (Metro Baghdad) Bmsarah which will be the first of its kind in Iraq and later in the region, M. J

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36144-Municipality-of-Baghdad-to-discuss-the-reports-Baghdad-Metro-Project-with-a-French Jordan strengthen its security measures with the Japanese Iraq contract http://www.dinarrumor.com/showthread.php?36143-Jordan-strengthen-its-security-measures-with-the-Japanese-Iraq-contract&goto=newpost Thu, 17 May 2012 19:51:33 GMT Image: http://s0.alrayy.com/alrayy/images/50994.jpg May 17 2012 *Follow-up - and babysit* - enhanced security measures of Jordan with Iraq...

May 17 2012

Follow-up - and babysit - enhanced security measures of Jordan with Iraq by signing a contract with Japan under which the Government of Japan to Jordan a grant of 542 million yen (about 6.78 million dollars) to provide X-ray machines to inspect trucks and vehicles.

The sites Jordan, "The grant will be provided through the Japanese Agency for International Cooperation (JICA) in the implementation of the project to strengthen security measures at the center of the limits of dignity (on the border with Iraq) within the program of Japanese aid to protect the security, which will be implemented by General Customs Department."

It quoted Minister of Planning and International Cooperation Jafar Hassan as saying 'will use funds for this grant is to provide X-ray machines (X-ray) of high technology and inspection of trucks and oil tankers and small vehicles, cargo and passenger luggage, as well as modern equipment developed for the inspection of passengers, in order to enhance security measures and protection system in the center of the limits of dignity M. J

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36143-Jordan-strengthen-its-security-measures-with-the-Japanese-Iraq-contract Kurdistan Alliance urges political blocs on the need for national meeting http://www.dinarrumor.com/showthread.php?36142-Kurdistan-Alliance-urges-political-blocs-on-the-need-for-national-meeting&goto=newpost Thu, 17 May 2012 19:48:17 GMT Image: http://s1.alrayy.com/alrayy/images/50989.jpg May 17 2012 *Follow-up - and babysit* - MP for the Kurdistan Alliance, Hassan Jihad,...

May 17 2012

Follow-up - and babysit - MP for the Kurdistan Alliance, Hassan Jihad, said that President Jalal Talabani, doing his best for the National Congress. Wish of the political blocs to be serious in his contract

It was in Arbil, a consultative meeting between the President Jalal Talabani and the cleric Moqtada al-Sadr and the Iraqi leader Iyad Allawi and President of Kurdistan, Massoud Barzani, the head of the House of Representatives Osama Najafi and resulted in a range of courses in the absence of implementation by the government Vsissar to pull-confidence, According to a letter submitted to the Prime Minister.

Jihad said that "President Jalal Talabani, meet daily with the symbols of the political process in Iraq and urging them to need to hold a national meeting for resolving all issues in the relation between them."

He added jihad that "so far there are no clear results of the meetings convened by the President of the Republic with the leaders of the blocks to the National Congress," hoping the political blocs to be serious on the subject of a national meeting in order to transfer the country to safety.

Saw the political arena recently political mobility is to set up several meetings between political leaders, where he met President Jalal Talabani, during the past few days and separately with the leader of the National Alliance Ibrahim al-Jaafari and Parliament Speaker Osama Najafi and Prime Minister Nuri al-Maliki, respectively, and discussed with them the political situation existing as research leader of the Supreme Council Iraqi Islamic al-Hakim with al-Maliki to speed up the National Meeting held to resolve political differences. M. J

http://translate.google.com/translat...er/Issue/143/3 ]]> General Iraq News TRC http://www.dinarrumor.com/showthread.php?36142-Kurdistan-Alliance-urges-political-blocs-on-the-need-for-national-meeting