OKIEOILMAN UPDATE, 24 JULY

[..okieoilman] WELL CRUD—IT’S BEEN SO LONG SINCE I’VE LANDED I AM HAVING TROUBLE FINDING MY PRE-LANDING CHECK LIST–I AM SEARCHING THE COCKPIT FOR IT NOW.JUST PICKED UP THE OUTER BEACON (MARKER) BUT AM STILL A SHORT DISTANCE FOR THE INNER MARKER,I HOPE TO PICK UP INNER MARKER HOPEFULLY LATE TONIGHT OR TOMMOROW——–HOW ABOUT THAT SPORT’S FAN’S? [..okieoilman] I AM ON HIGHEST ALERT I HAVE

The start of the work of the joint committees between Baghdad and Erbil

The start of the work of the joint committees between Baghdad and Erbil









07/24/2013 12:00 AM

Baghdad, Omar Abdel-Latif
resumed joint committees between the Kurdistan region and the center, work to resolve outstanding issues between the parties, the center’s insistence shown by the National Alliance for the settlement of all files is different on them, particularly oil and gas laws and border demarcation and Article 140, which is the same thing that was expressed by a coalition of Kurdish blocs, When expressed welcomed the move which he described as "positive".

formed joint committees between the province and the center, after talks adopted the principle of dialogue between the two sides, before so they can be set a deadline for the start of work after a visit by the President of the Kurdistan region, Massoud Barzani to Baghdad recently, during which he met Prime Minister Nuri al-Maliki, and the President of the House of Representatives,

and a number of political leaders, who agreed to activate the joint committees between Baghdad and Erbil to end the differences. spokesman for the coalition of Kurdish blocs MP supporter Tayyip announced for "Center Brief for the Iraqi Media Network," said the joint committees to resolve outstanding issues between Baghdad and Erbil began its work effectively, and that the priority in solving the problems will be the issues that relate to Balsulttin the executive and legislative branches.

For his part, predicted a member of the House of Representatives for the National Alliance Haitham al-Jubouri that the complexity of the Finance Committee during the next few days, a meeting to determine the direction between the central government and the Kurdistan region.

Among Jubouri in an interview for "Center Brief for the Iraqi Media Network," The committees are determined to solve all the problems after the committee was formed specialized on each file of the outstanding issues, as a committee of oil and gas, financial and other common legal issue of powers.

Prime Minister said during a news conference collected President of Kurdistan, Massoud Barzani during the latter’s visit to Baghdad, "it was agreed to activate the joint committees to address all outstanding issues between the federal government and the Kurdistan Regional Government on the back and the base of the higher interest and the Constitution."

extensive details .. resumed joint committees between the Kurdistan region and the center, work to resolve outstanding issues between the parties, the center’s insistence shown by the National Alliance for the settlement of all files is different on them, particularly oil and gas laws and border demarcation and Article 140, which is the same thing expressed by the coalition of Kurdish blocs, when expressed welcomed the move which he described as "positive".

formed joint committees between the province and the center, after talks adopted the principle of dialogue between the two sides, before so they can be set a deadline for the start of work after a visit by the President of the Kurdistan region, Massoud Barzani to Baghdad earlier this month, and during which he met Prime Minister Nuri al-Maliki, and the President of the House of Representatives,

and a number of leaders politicians, who agreed to activate the joint committees between Baghdad and Erbil to end the differences. actual work spokesman for the coalition of Kurdish blocs MP supporter Tayyip announced that the joint committees to resolve outstanding issues between Baghdad and Erbil began its work effectively, and that the priority in solving the problems will be the issues that relate to Balsulttin Executive and the legislature.

believes ok in an interview for "Center Brief for the Iraqi Media Network," that the federal system is a new system for Iraq, it is natural to witness this application differences between the province and the federal government, on the one hand and the federal government and other provinces on the other, but there is of regulating these relationship, namely the Iraqi Constitution and the Federal Court, hoping that the Federal Court role in resolving such disputes on the grounds that this court could play an important role in any federal country to organize the relationship between the center and the provinces and territories.

priority files and the MP that the committees that have been agreed to form between the federal government and the province to resolve outstanding issues have begun their work, noting that the priority in solving the problems will be common issues that relate to Balsulttin executive and legislative branches, such as the oil and gas, which, if enacted,

it will ensure that solve many of the problems, as well as the issues that aspires everyone to processed through the work of those committees, counterbalance the Peshmerga and pass a law demarcation of the administrative border of the provinces and the security file in the areas of disagreement and Article 140.

hinted good that benefits the oil companies in the Kurdistan region, which did not prove within the budget in 2013 can not be solved only by legislation the law of oil and gas, pointing out to the existence of differences in the understanding of the powers of the province and the federal government on this issue, likely renewed differences on the budget 2014 as happened in the budget this year, describing those differences as normal and solvable

. was balancing this year 2013 has seen many of the differences between the political blocs and the coalition of Kurdish blocs on dues of the oil companies operating in the region, because the coalition mentioned that the amount that must be paid to those companies is 4 trillion and 200 billion dinars,

while the figures installed with BSA confirms that the remaining amount of those companies is trillion and 600 billion dinars, and thus be There is a vast difference between the two figures, which led to the vote on the budget by the political blocs was rejected by a coalition of Kurdish blocs vote.

recent meeting of his predicted a member of the House of Representatives for the National Alliance, Dr. Haitham al-Jubouri that the complexity of the Finance Committee during the next few days, a meeting to determine the direction between the central government and the Kurdistan region of Iraq.

between Jubouri in an interview for "Center Brief for the Iraqi Media Network," The committee is determined to solve all the problems after the committee was formed specialized on each file of the outstanding issues, as a committee of oil and gas, financial and other common legal issue of powers.

was Prime Minister said during a news conference gathered the President of Kurdistan, Massoud Barzani during the latter’s visit to Baghdad earlier this month, "it was agreed to activate the joint committees to address all outstanding issues between the federal government and the Kurdistan Regional Government on the back and the base of the higher interest and the Constitution."

He Maliki that Among the issues which will operate the joint committees to be resolved as soon as, Article 140 and the mechanics of application and provincial boundaries and the law, and a census in order to resolve this issue and end up not remain a problem, as well as topics of oil and the Peshmerga and the security forces and all the issues that the difference in views, and by including also pass laws broken.

For his part, Barzani said that it was agreed to take practical steps through the activation of the committees agreed to form and reach the results that serve Iraq and Iraqis, adding that the results of the work of the committees applied in the field are not the issues of formality.

http://www.alsabaah.iq/ArticleShow.aspx?ID=50764

Alkitan Plans Basra Cement Plant

By John Lee.
A Pakistani company identified as “Alkitan” has said it will build a new cement plant in Basra.
Company director Shakir Ali told the Basra Investment Commission that they wanted to set up there “due to the abundant natural resources and investment opportunities”.
He added that the plant will be built on a 50-acre site.
(Sources: )

Source: Iraq-BusinessNews.com.

Post your commentary below.

UN Condemns Assassination of Sheikh

The Acting Special Representative of the United Nations Secretary-General for Iraq (A-SRSG), Mr. Gyorgy Busztin, has condemned in the strongest terms the assassination on 22 July of the Head of the Arab bloc in the Kirkuk Provincial Council and Deputy Chairman of the Provincial Council Security Committee, Sheikh Abdallah Sami Al-Assi, and two of his bodyguards.
Sheikh Al-Assi was a pivotal and well-respected political figure in Kirkuk, who always advocated dialogue and peaceful coexistence in the province. He engaged with UNAMI in the discussions on the way forward for holding Kirkuk elections.
Mr. Busztin extends his sincere condolences to the families of Sheikh Al-Assi and of those who were murdered with him, as well as to the Kirkuk Provincial Council.
(Source: UNAMI)
(Picture: The Government Electoral Office in Kirkuk, Iraq. UN Photo/Rick Bajornas)

Source: Iraq-BusinessNews.com.

Post your commentary below.

Behind Iraq’s Upsurge in Violence

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.
Will a political deadlock, a lack of government control and spiralling chaos push the war-torn nation over the edge?
Mike Hanna discusses the reasons behind the increasing violence in Iraq recently with guests: Laith Kuba, director of the Middle East and North Africa programme at the National Endowment for Democracy.Laith was the former adviser to the Iraqi prime minister; Brigadier general Mark Kimmitt, a former secretary for political and military affairs and former director for strategy at United States Central Command [CENTOM); and Souad Mekhennet, a columnist at Newsweek. Souad has covered Iraq extensively and authored a book called, “The Children of Jihad “.

Source: Iraq-BusinessNews.com.

Post your commentary below.

Iraq to Import Natural Gas from Iran

By John Lee.
A spokesman for the Electricity Ministry, Musab al-Mudaris, confirmed on Tuesday that Iraq has signed a deal with Iran to import natural gas for power generation.
Associated Press reports that under the four-year deal, Iraq buy 850 million cubic feet a day of gas at international market prices, but UPI says no financial details were disclosed.
The gas will feed a power plant in Diyala, and two others in the Baghdad, generating 2,500 MW.
Javad Oji [Owji, Ouji] (pictured), managing director of the National Iranian Gas Co, said:
Construction of the 140-mile [long] 48-inch [diameter] gas pipeline is nearing completion and its extension in Iraq territory will also come to an end in the next two months.
(Sources: Associated Press, UPI, Dow Jones)

Source: Iraq-BusinessNews.com.

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DINAR GURUS UPDATE, 23 JULY

7-23-2013  Newshound Guru Doc   Members of the Finance Committee was recently interviewed concerning currency reform.  There were several very telling quotes which pretty well disprove much of the “RV is at any moment” rumors…  Tamimi was quoted as “Development is the gateway to strengthening the currency. Thus, raising the value of the dinar is more important than the deletion of zeros”. 

LONGHORN DAVE UPDATE, 23 JULY

HELLO ALL, RADIO SILENCE IS STILL IN EFFECT AT UST. WATCH FOR THE “HISTORIC”/”UN-NAMED EVENT” IN THE NEXT 24 HOURS. IF IM NOT IN JAIL I WILL TRY AND GET AN UPDATE TO EVERYONE WEDNESDAY AM. THE HEAT IS GETTING REALLY HOT AND LOTS OF PARINOIA AROUND OUR GROUP HERE. REMEMBER I SAID EGOS ARE STILL IN PLAY. KEEP HOPING.HOOK EM!

TONY UPDATE, 23 JULY

Blast from TONY************We are hearing more and more about a possible update from the U.N. Once again, several people have confirmed what our group of resources has brought to us first. The banks are indeed ready, there was a computer situation yesterday, but it was quickly resolved. Bank people are indeed working extended hours today, but with one difference……..They are not allowed to

IMF recommended non-oil sector development & foreign exchange liberalization

The IMF recommended that Iraq’s non-oil sector development and liberalization of "foreign exchange"

Tuesday, July 23, 2013 22: 05

Twilight news/ IMF praised the Government’s performance in maintaining macroeconomic stability in Iraq, despite security and political challenges faced by and the volatility of oil prices, but the Government recommended that the non-oil private sector development and liberalization of the foreign exchange market to encourage investment.

He said UNFPA representative resident in Oman Ghazi Iraq shubaikat at a press conference held at the Iraqi Business Council in the Jordanian capital Monday evening that the Fund report on the economic situation in Iraq of 2013 stressed the need for Iraq to build protective margins in finance to cope with fluctuations in oil revenues and the further strengthening of the institutional framework.

The report urged the Iraqi Government to accelerate the pace of reforms to develop the non-oil private sector, to assist in job creation and overall growth, according to the radio free Iraq and obtained by "twilight news.

Shubaikat said that the report of the Fund has been positive because of the improved oil production, as production this year rose 3.3 million barrels a day, as well as oil prices somewhat stable.

The report came up with a set of recommendations for action by the Iraqi Government to reform its economy mainly; how to manage the oil wealth and the need for reforms in the financial sector, and adjust the current expenditures and direct expenditures towards priority aspects, and increased investment spending.

The implementation rates for the investment budget for 2013 were less than required, as well as building fiscal surpluses in the Development Fund for Iraq can be used in the event of low oil prices.

According to shubaikat, the report of the International Monetary Fund recommended the liberalization of the foreign exchange market to encourage investment and strengthen laws against money laundering, and reform of the financial and banking sector in Iraq, which remains weak in the course of development in the country, in addition to the need for Iraq to reforms in agriculture wehikilih of State-owned enterprises.

Shubaikat said the main risks facing Iraq and the economy, de promotion are poor implementation of political reforms, the level of the political and security situation and the delays in increasing oil production and falling oil prices globally.

The UNFPA representative underlined the need for Iraq to have the private sector able to production, and direct investment in non-oil sectors, particularly electricity and agriculture where Iraq has a significant competitive advantage, adding that Iraq needs years of work to rebuild his fortune.

The President said the Iraqi Business Council n_ziimez the IMF assessment of the economic situation in Iraq very painless, despite some positive aspects.

He stressed the need to take the private sector role in development and economic growth, through the establishment of investment projects to support the investment budget to lighten the burden borne by.

The report is a summary of the so-called article IV report of the Convention establishing the International Monetary Fund, the Convention sets out obligations on Member States, including appropriate economic policies and is an annual report after gathering data from the States and numerous visits.