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Al-Qaeda bombing, financial networks degraded

PUKmedia 28-09-2008 17:32:24

mnf-iraq.com

Al-Qaeda in Iraq’s car bomb and financial networks were further debilitated by the capture of seven suspected terrorists during Coalition force operations Saturday and Sunday.

An operation in Baghdad Saturday netted one wanted man who is believed to be a key player in AQI’s improvised explosive device network. Another suspect was also detained during the operation.

Coalition forces, acting on a tip from a suspected terrorist already in custody, targeted a wanted man assessed to be one of AQI's financial bookkeepers in eastern Mosul early Sunday. When forces arrived at the location, the man was taken into custody without incident.

Then the detained man, who is believed to oversee AQI's terrorist payroll, led Coalition forces to a second location where they arrested four more men believed to be his associates.

"Attacking the innocent children and citizens must stop and Coalition forces will continue to seek out terrorists that threaten the safety and security of the people of Iraq.," Said Navy Lt. Cmdr. David Russell, MNF-I spokesman.

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Report: U.S., Iraq take security pact to leaders

Posted 2h 24m ago

WASHINGTON (AP) — U.S. and Iraqi negotiators have agreed on a draft security pact that would govern the presence of American troops in Iraq after January, Bush administration officials say, but its final approval is far from certain.

The draft calls for U.S. troops to pull out of Iraqi cities by the end of June next year and leave Iraq by Dec. 31, 2011, unless the Baghdad government asks them to stay. It also includes a compromise on the biggest bone of contention: legal immunity for American forces, according to the officials, who spoke on condition of anonymity to discuss the evolving diplomacy on the so-called Status of Forces Agreement.

The draft, reached after months of halting and often tense talks, contains elements that are expected to further aggravate an already difficult effort to get the Iraqi government and parliament on board, the officials said.

It also may draw objections from U.S. lawmakers, whose support is not legally required but is considered essential to the eventual success of any deal, according to the officials.

However, the negotiating teams have decided they cannot improve on the proposal and have sent it to higher-ups for a political decision as time runs out on both the Bush administration and the U.N. mandate under which U.S. troops now operate, which expires on Dec. 31, they say.

Without an agreement soon, the officials said Tuesday that the two sides will have to begin look more seriously at alternatives that include extending the U.N. authority, which is fraught with complications.

The officials would not discuss the draft agreement in detail. Yet they did discuss the troop pullout dates and described in general outlines the provisions on legal immunity. Under the agreement, Iraqi authorities would have a limited role in the prosecution of off-duty U.S. soldiers accused of committing crimes off their bases, they said.

Meanwhile, civilian employees of the Defense Department would be afforded the same immunities granted to State Department workers under the Vienna Convention on Diplomatic Relations, the officials said.

The compromise allows Iraq to claim jurisdiction over Americans while preserving nearly all the protections U.S. forces and employees now hold in Iraq. The vagueness appears deliberate, thus allowing both sides to argue they got concessions they needed.

A military official said top Pentagon leaders are not entirely happy with the legal immunity compromise as written in the draft. Officials have said repeatedly, however, that the administration "can live with" the proposed deal.

Officials said Secretary of State Condoleezza Rice and other top Bush aides will soon to begin briefing key members of Congress on the draft, some of whom they fear will oppose the immunity provisions.

But of greater concern, U.S. officials fear that Iraqi Prime Minister Nouri al-Maliki may not be able to sell it to either his own government or the Iraqi parliament.

There is intense opposition to any surrender of Iraqi sovereignty among al-Maliki's Cabinet and lawmakers.

On Tuesday, in Baghdad, al-Maliki presented the tentative accord to President Jalal Talabani as well as to the country's Sunni and Shiite vice presidents. They were the first in a series of sessions aimed at measuring political support for the agreement in Iraq.

An official statement said al-Maliki, Talabani and the two vice presidents — Tarik al-Hashemi and Adil Abdul-Mahdi — studied the draft "in depth and in detail," but it gave no indication how the participants reacted.

Al-Maliki on Wednesday was to show the draft to the National Security Council, a consultative body that includes himself, Talabani, the vice presidents, leaders of political blocs and the parliament speaker. If they agree, he will submit the draft to his Cabinet for their approval by two-thirds majority. The final step will be parliament's approval.

Followers of influential Shiite cleric Muqtada al-Sadr oppose any agreement that would keep U.S. soldiers in Iraq. And Shiite-dominated Iran, which wields considerable influence among some Shiite parties, also opposes the agreement.

http://www.usatoday.com/news/washington/2008-10-15-iraq-us-security_N.htm

US agrees to limited Iraqi jurisdiction

By QASSIM ABDUL-ZAHRA, Associated Press Writer
11 minutes ago



BAGHDAD - Iraq would have the first crack at prosecuting American troops and Pentagon contractors accused of major, premeditated crimes committed outside U.S. bases and when they were not on duty, under a draft security pact governing military operations here, Iraqi officials said Wednesday.

The draft also calls for U.S. troops to leave Iraqi cities by the end of June and withdraw from Iraq entirely by Dec. 31, 2011, unless the Baghdad government asks them to stay. The draft must be ratified by the Iraqi parliament before the current U.N. mandate expires at the end of this year.

But the most contentious portion of the agreement is a compromise formula over who has the right to prosecute American troops and contractors for crimes allegedly committed on Iraqi soil.

The U.S. had demanded exclusive jurisdiction. But the Iraqis insisted on a role in trying Americans as an affirmation of sovereignty.

Under the compromise, the U.S. would have the right to try troops and contractors for alleged offenses committed on U.S. bases or during military missions, the officials said, speaking on condition of anonymity because they were not supposed to release the information.

But Iraq would have the primary right to try U.S. military personnel and Pentagon contractors for major, premeditated crimes allegedly committed outside American bases and when they were not on an authorized mission, the officials said.

In case American troops are arrested for such offenses, they would be transferred to U.S. custody but made available to Iraqi authorities for questioning and trial, the officials said.

Most of the estimated 147,000 U.S. troops here rarely leave their bases except on authorized missions, so it was unclear whether many of them would face trial before an Iraqi court.

However, the Iraqis have been enraged by a number of cases, including the 2006 rape-slaying of a 14-year-old girl and the murder of her family in Mahmoudiya south of Baghdad.

Four U.S. soldiers pleaded guilty or were convicted in military courts in the Mahmoudiya case. A former soldier, Steven Dale Green, was arrested in the case and is expected to stand trial in April.

The 22-year-old from Midland, Texas, faces a possible death sentence if convicted on 16 charges that include premeditated murder and aggravated sexual assault.

http://news.yahoo.com/s/ap/20081015/ap_on_re_mi_ea/ml_iraq_us_security_pact;_ylt=AtlmjhrzZ19chJe8wojwT_VvaA8F

Parliament calls on Americans to apologize Odierno's remarks


15 October, 2008 - 07:35:55

Baghdad / Voices of Iraq: The deputy asked Mohsen Saadoun, Wednesday, the U.S. side to provide a formal apology to members of the House of Representatives on charges of the top U.S. commander in Iraq, Raymond Odierno, the Iraqi parliamentarians getting bribes from Iran to block approval of a security treaty to be held between Iraq and the United States.

The Al-Saadoun (Voices of Iraq) "We believe that Congress, such as statements that fired on us remarks charge unreasonable and the U.S. commander to provide evidence to prove it if already available, as the U.S. side to officially apologize to the Council."

Saadoun said that "a U.S. commander extremely dangerous, especially if launched his official capacity," saying that "interference in Iraq's internal affairs and a violation of the rules of procedure of the House of Representatives."

The General Raymond Odierno, who assumed command of U.S. forces in Iraq mid-September of last September from his predecessor, General David Petraeus had indicated earlier that his country believes that Iranian agents were providing kickbacks to Iraqi MPs to ensure their opposition to sign security agreement with the United States, which was rejected by the Iraqi Vice - Excluded by Iran to do so.

The two sides are negotiating on U.S. and Iraqi security agreement between the organization and status of U.S. forces operating in Iraq after the end of this year, which ends with the duration of the mandate of these forces by the UN Security Council.

Said Dhafer al-Ani questioned a member of the House of Representatives with the Accordance Front, in the background of U.S. remarks

He said Al-Ani (Voices of Iraq) "I doubt in this matter and I consider this kind of statements of political rhetoric."

Ani said, "We in the House of Representatives do not want to be a victim of this rhetoric told U.S. officials."

The Iraqi government criticized Wednesday, Odierno accusations of Iraqi parliamentarians having received bribes from Iran to ratify the agreement, disrupt security to be held between Iraq and the United States, said a government statement.

The government expressed its deep concern on the remarks, noting that it is not appropriate to the elected members of the Iraqi people.

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Hashemi calls on Bulgaria to activate economic cooperation with Iraq


15 October, 2008 - 09:08:30

Baghdad / Voices of Iraq: Vice President Tareq al-Hashemi, Wednesday, Bulgaria to activate the economic and industrial cooperation with Iraq in order to enhance the historical relations between the two countries, according to a statement of Hashemi's office.

Pena was quoted by the Office of the Vice President of the Republic received (Voices of Iraq) a copy of which is that al-Hashemi called on Bulgaria to activate the economic and industrial cooperation and investment with Iraq during a meeting today (Wednesday) the Bulgarian ambassador in Baghdad, Valeri Rachev. "

The statement said that Vice President Tariq al-Hashemi (who is also secretary-general of the Iraqi Islamic Party, one of the pillars of the Iraqi Accordance Front, and the third largest parliamentary bloc holds 38 seats of the total seats in the parliament of 275 seats) with the Bulgarian ambassador discuss "ways to strengthen and broaden bilateral relations Between the two countries. "

The Ambassador of the Hashemite Rachev During the meeting, according to the statement, among other proposals "that would revitalize the historic relationship between the two countries, especially in the fields of oil, energy and extractive industries."

The statement quoted the Bulgarian ambassador in Baghdad as saying that his country "is interested in access to investors in a number of economic areas in Iraq," expressing the willingness of the Bulgarian government, "al-Hashemi invitation to visit Sofia in the near future", without clarifying whether the statement Hashemi accepted the invitation or not .

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Coalition discuss results of the meetings of the four-party alliance and security agreement


15 October, 2008 - 09:31:04

Baghdad / Voices of Iraq: Leaders Alliance bloc in parliament, on Wednesday, led by Abdul Aziz al-Hakim, head of the Iraqi Islamic Supreme Council, the results of the meetings of the four-party alliance and the ongoing negotiations on the agreement between Iraq and the United States, according to a statement of the Council.

The statement, which received (Voices of Iraq) a copy of "The leaders of the United Iraqi Alliance held this evening (Wednesday) weekly meeting chaired by Abdel-Aziz al-Hakim," during which "examine the results of the meetings of the four-party alliance, which includes the Supreme Council and Dawa Party and the Kurdish parties."

The statement added that the meeting also discussed "recent amendments made by the U.S. side on the security agreement to be held between Iraq and the United States."

The two sides are negotiating the Iraqi and American currently on a long-term security agreement between them, which sharply raised controversy among local political roots and, over the past months, determine the legal nature of the U.S. military presence on Iraqi territory after the end of the year will end with the international mandate given to the American army in Iraq United Nations under Security Council resolution.

The statement continued, "As the meeting had discussed the results of the talks in the Iraqi Council of Representatives is aimed at the adoption of article 50 of the provincial elections law on minorities."

The Iraqi Council of Representatives had voted in the 24 months from September of last September for a law on provincial elections, but canceled the Article 50 of the Act, which guarantees the right of minorities in Iraq proportional representation, the move drew widespread protest and organized minority in demonstrations demanding the restoration of stabilization in the article Law, where the political and parliamentary blocs are extensive discussions to find a way out of this issue.

The statement noted that "the meeting ill-considered remarks by the commander of U.S. forces in Iraq, General Odierno, at which the false accusations to the members of the Iraqi Council of Representatives, as the abuse of the Iraqi people and an affront to their representatives," and called "the Presidency of the Council of Representatives to take a position at the appropriate statements and accusations and Apology by the U.S. administration to the Iraqi people and pledged not to repeat the future. "

The commander of U.S. forces in Iraq, General Raymond Odierno, expressed his belief that there is an Iranian plot to bribe a number of Iraqi representatives, to ensure the security of the opposition Convention, which was rejected by the Iraqi Congress.

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Oil: the conclusion of the London conference of 35 international companies


15 October, 2008 - 05:07:06

Baghdad / Voices of Iraq: spokesman said the oil ministry, on Wednesday, the Conference of the Economic promoted for the first licenses concluded Tuesday evening in London with the participation of all companies eligible for investment, he said, adding that the ministry signed with these companies will be under a service contract and not a partnership Production.

The Assem Jihad told (Voices of Iraq) that "the conference held on Monday and Tuesday included a meeting with representatives of companies and a full explanation of the fields to be developed and an explanation of the contract model for the development of oil fields."

He pointed out that "They would receive the representatives of those companies in the coming days, a bag of information on the fields and the model contract companies also identified the month of February next year the date for a workshop to review the technical details of the contracts."

"The companies will be given to the period up to April next year to study the information after the bids will be received during the months of April and May Maes next year and the end of negotiations to declare the names of the winning companies to develop fields the middle of next year."

Jihad noted that "the development work will be for three years to address the deterioration of wells and create Astaqrarip production in the next period would be to increase the production of those wells."

He stressed that "within the ministry and the contract will contract with companies under a service contract and not participate in the production, in addition to its national oil company or a state-owned companies will share profits with the company, which will win the contract and by 49 percent of the profits to the contractor and 51 percent of the company said."

He said "corporate profits will be on the basis of what will be an increase in production that is currently producing fields, as the field produced 100 thousand barrels currently being developed to 200 thousand company will be given a reward of 100 thousand that have been added only."

Jihad noted that "the ministry's plan to develop the production of 4 million and 500 thousand barrels per day by 2013."

The Jihad said the time for the former (Voices of Iraq) that "there will be at the conference of companies qualified to provide documentation on the fields developed by the ministry are aimed Rumaila fields North and South and West Qurna, and Abu Albozorkan West and Fakkah in Maysan, as well as fields of Kirkuk and Bai Hassan, along with fields of hard up And invading was developed, noting that "international companies from 35 different nationalities received a license competition for the rehabilitation of Iraqi oil fields.

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Trade Minister: There are no financial or administrative corruption in the ministry and we need large amounts to cover items of the ration card


By HM

Published 15.10.2008, 20:38

Uzmatik / Baghdad

Said Trade Minister Abdel Falah Hassan, the Sudanese that "most food within the ration card items to be imported from abroad, and therefore we need large amounts to cover these items, because of the high prices in the global market," pointing out that "there is no financial corruption Or administrative ministry. "

The Sudanese press conference held in Al-Mansour Hotel in Baghdad on Wednesday, said that "the issue of food security for the citizens of great importance to us, is providing food to the general Iraqi people."

The Sudanese minister at the conference, which was attended by "Uzmatik" "The ministry buys eight million and 500 thousand tons of food per month, and therefore we need a lot of money, although the Iraqi government allocated five billion dollars for next year in 2009 for the purchase of items of the ration card, in addition to the capabilities Significant logistical and security of transport and storage. "

He said the Sudanese that "the ministry faced difficulties in providing supply for a continuous way, there is a lack happen sometimes because some of the material damage due to transportation and processing of some of those articles of the Ministry of Commerce damaged."

He pointed out that "does not foresee the possibility control of the material damaged during the coming days, although the ministry put the highest international standards for the import of food," pointing out that "the phenomenon of corruption and damage the food is a global phenomenon."

The Commerce Minister said "We accept any constructive criticism to evaluate the work of the Ministry, from any point was," stressing that "the work of the Ministry of Commerce is transparent, and there is no financial or administrative corruption in the ministry."

The positions of some political blocs, and the presidency of the Iraqi parliament, banned earlier to include the issue of interrogation and Trade Minister by the Iraqi Council of Representatives, against the backdrop of accusations of corruption and the ministry deficit for the delivery of ration to citizens.

The head of the Integrity Committee in parliament Fadhila party MP morning Saadi in an interview earlier for "Uzmatik" "The withdrawal of confidence from the Sudan has become a national demand and popular, after the failure of his ministry in the provision of food basket for Iraqis," he said, calling for "large demonstrations out to demand his dismissal" .

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Parliament: political blocs sought to reduce the powers of the central government, and Maliki sought to cancel most of the powers of local governments

15/10/2008 Wednesday, 15 - Shawwal -1429 e

Bassem al-Sharif, told (AKI) Italian news Wednesday that "there are differences in views and perceptions between those who want strong central state and the rejection of her is out of hand and the demands of the federal government,

Others see the need to adopt the confederation. "He pointed out that the pursuit of political blocs represented in parliament to reducing the authority of the central government due to fears of a return to genuine manifestation of totalitarianism and dictatorship once again, believing that the strengthening of the Government Center will allow for that, he was

Sharif said "the repeated calls to Iraqi Prime Minister Nuri al-Maliki and a number of leading his party (Islamic Call) to distasteful to some parliamentary blocs, especially those represented in the four-party alliance (Kurds and Shiites), which seeks to eliminate most powers of the Federal Government and the granting of provincial and local governments more authority in the provinces" .

Sharif said "Even when we wrote the Constitution in the Fadhila party that will inevitably result in substantial differences in the application of its future because it was set by the forces is basically divided at the Alaidioljiat and visions towards a political system in Iraq," as he put it

The Sheriff, "wrote the Constitution establishes a system of Confederation, not federal, so he had the powers of local governments above all the powers of the federal government and give them character expansion and expansion in the future, so when he talks about strengthening the Maliki government position must first consider amending the Constitution, and otherwise be To his political speeches is not just only ", as he put it

He stressed that "Fadhila party advocates a federal system" He continued, "but we maintain with the Federal Government now powers a strong, with a need to decentralize the administration with the governorates should have greater powers and the status of a wider", he was

Sharif expressed his belief that the Constitution would not change in the current parliamentary session, P "There are requests to leave the major political differences, particularly those relating to the power and authority between the Government of the center and the regions, especially on the distribution of the wealth of the country to the next Parliament", as he put it

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Turkish companies to visit the Kurdistan region of Iraq in search of investment opportunities, despite the border Altotraly

By RS

Published 15.10.2008, 11:09

Uzmatik / Dohuk

Said Chamber of Commerce and Industry Dohuk, the industrial and trade delegation visited Turkey in Dahuk province, view the investment opportunities.

The Chairman of the Chamber of Commerce and Industry Dohuk, Iyad Hassan Abdul Halim in an interview with "Uzmatik" today, Tuesday, that "The trade and industrial delegation from the Turkish province of Diyarbakir province of Dohuk arrived to search for investment opportunities in the region, and to discuss mechanisms of coordination and cooperation between the commercial and industrial Dohuk, Diyarbakir , And mutual participation in local and international exhibitions held in Turkey and the Kurdistan region of Iraq. "


Abdul Halim added that "a number of venture capitalists and investors from members of the visiting delegation expressed their willingness to develop investment and trade projects in the area but did not specify the areas intended to Turkish companies to invest in it."

The Chairman of the Chamber of Commerce and Industry Dohuk that "the territory of Iraqi Kurdistan and the main gate of the safe delivery of products from Turkey to the Iraqi market," noting that "the development of trade and economic relations between Turkey and the Kurdistan region of Iraq would be in the interest of both sides."

Abdul Halim said that "commercial relations between Turkey and Iraqi territory were not affected by the Turkish military operations on the border between Iraq and Turkey."


Abdul Halim said that "the trade process between the Territory and Turkey in the event of a natural," adding that "the Habur border gate between the two sides open for twenty-four hours without interruption and the daily flow of Turkish products to the markets of the region and throughout Iraq," and predicted that "are trade between Iraq and Turkey Development in the future. "

Abdul Halim said that "an agreement for cooperation and coordination between the Chambers of Commerce and Industry in Diyarbakir, Dohuk and concluded four months ago," adding that "The agreement aims to stimulate trade and industry between the two sides."

The more than forty Turkish company working in various areas throughout the Dohuk governorate, 460 km north of Baghdad, and the volume of trade exchange between Iraq and Turkey is currently around three billion dollars a year according to Turkish sources and the Chamber of Commerce and Industry Dohuk.

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Financial crisis and its repercussions on the Iraqi economy


Kamal Basri
Wednesday, 15 - Shawwal -1429 e

Financial crisis and its repercussions on the Iraqi economy

D. Kamal Basri
October 2008

The study is looking into the global financial crisis and is trying to be interpreted scientifically economically. Although the interdependent international economy, but the Iraqi economy away from the blast and the flood, but remains under the indirect effect. The study possible effects on oil revenues and its implications on the investment plan and meet Balatzamat business.

And calls for accelerating the development of economic relations with the investment with cash flow (, such as the Gulf).


First: the global financial crisis:
The crisis is the prevailing global financial crisis, financial mismanagement resulting from the tendency to expand financial markets. It was not logical expansion in the controls, taking into consideration the implications on the implications of the law of diminishing returns. That took place was ignored and the pursuit of short-term goals and continue to provide Loans (even for groups with dangerous to recover the value of the loan). To provide liquidity in the Western world led to an increase in demand for real estate and thus the high prices and other price. For the purpose of controlling monetary policy and reduction of inflation, the central bank to lift interest rates, which Led to serious economic losses. Before to our readers a brief to study still under preparation by the financial crisis as it did not have adequate statistics researcher.

It is a very complicated problem, and so can the reader Enkerbha Holy Sostain hypothetical example follows:

To imagine the world farming village of farmers, who lived a simple, December have bought their homes using the local bank. The bank mainly relies on the collection of shops savings of investors. Since the loans profitable real estate and almost free of relative risk, as wanting to expand the Bank's policy to provide policy loans. Was to provide liquidity to increased trading and the purchase of real estate, it resulted in harm to the high prices, including prices of real estate. Event, which encouraged farmers who have already bought the property in the previous period, to accept to obtain additional loans commensurate with the increase in the price of their property. They used these loans to purchase additional furniture better, also seek to increase agricultural production (in the territories that are less fertile ground in which they were previously Istgloha). This expansion has called for the establishment of fertilizer manufacturing plant and another plant to manufacture food bank financing. This increase in the loan to pay monthly installments caused burdensome to farmers.

Agricultural expansion has also gone beyond the optimal level resulting in an increase in output value by less than the increase in the cost of production inputs. In other words, the marginal cost of production has become higher than the marginal benefit of production (the law of diminishing returns).

By another local bank was also exceeded controls on the extent desired by providing loans. That the bank is usually classified according to technical methods to members of society: people with serious and dangerous medium, with few serious. Coverage was obtained by the large proportion of people who are outside Area with few risk loans. In order to control prices, it was a policy of raising interest rates. Because this move would earn cash pooling savings. It should be noted that the bank in order to encourage the demand for loans, the bank starting presented Hilji a lower interest rate and then convene until after the adjournment. But This decision was the straw that broke the camel's back:

1) immediately faced a critical owners loans to pay the monthly installments, exceeding financial potential. Which happened (in accordance with the contract between the bank and the borrower) that the bank borrower forcing the evacuation of the building and sell the bank to recover the value of the loan. This is what happened for a number of real estate, so real estate prices collapsed.

2) that the monthly payments were a necessary profits paid by the bank to investors in the bank. The absence of such payments has forced the bank announcing the bankruptcy, and the demobilization of personnel work.

3) and the wave of unemployment and high production costs and fertilizer plant faced weak demand, and thus unable to pay the premium costs of production, including bank loans. Which resulted in the cessation of factories and laying off staff

4) investors in the bank and plant fertilizer and plant food, that they had bought from the insurance company to protect their money as monthly installments. But the collapse of the real estate market and the inability of the bank to hold meet with these investors, forcing them to claim their rights financial insurance company. When Alhzp that the insurance company found itself unable to cope with the money required, because the money invested in assets also difficult recovery soon, and there was no help at the bank opposite the matter. Announcing bankruptcy and the other is laid off their workers.

5) The owners of criticism began to fear criticism from any investment process and reflected Bti_dd bank loans, including loans, including real estate

Solution is that everyone is aware that they lost to varying degrees (and they will lose more). The solution requires the state to stop the bleeding, because the delay increases the problem, and it must benefit first from the body to develop immune Otlam wound and, secondly, to pump more blood again. Here, village leaders must interfere, by persuading villagers to bear the loss and all Thhid potential and create the necessary liquidity necessary to re-work the bank to do its part to create a climate of economic and financial confidence lost for the return of investors to invest their money in the bank. The bank has part of the loss and accept the practice of support State, so the insurance company. Asttaao that the recovery of money secured soon they will accept the risk if it does not encourage the re-pumped and invested in the bank (leadership to ensure the village).

Second: economic analysis of the problem:

Because of economic scarcity of resources, the economics call to determine spending priorities. In the area of financial services industry as banks arranging techniques and classification of projects and individuals to: less serious (A), and the average risk (B), and high-risk (C). Is usually the exclusion of financial transactions related to the recent Group (C), either the second (B) is being studied separately and then determine their position, but the first group (A) are usually dealt with without hesitation.

< Insert Non-existent Table here! >

Economic analysis above refers to the importance of balance and control dealings according to economic criteria (to stay away from the policy of excessive and compromise). And the intervention of the State duty to thirsty commitment instructions. That the crisis require that the role of the guarantor encouraging owners to return the money to invest in financial assets and financial balance of the deposit attractive to the Financial institutions are invited to a reduction in interest rates.

In order to face the crisis, called on the seven industrialized nations at a meeting on October 11, 2008 in Washington to invite the world to reduce interest rates and the demand of oil-producing nations to increase production. The United States already has provided that the $ 700 billion, Britain $ 100 billion limits for the purpose of increasing liquidity Cash. That the prevailing approach of globalization requires collective action under an international agreement to resolve the crisis if none of us fully immune to their effects on poor countries will be affected by the vulnerability because of the support programs and aid.


Thirdly: the crisis and its repercussions on the Iraqi economy
The nature of the Iraqi economy makes it less affected than other economies, if economic relations financial / banking is still primitive and that many of the contracts and transactions do not rely on bank liquidity (and in fact the banks have liquidity). For example, a small percentage of citizens resorts For the banks to complete the process of buying real estate, and the private sector are reluctant to deal the bank due to rising interest rates, and that the bulk of economic activity is the public sector financed from the state budget. With the Iraqi economy is affected by the crisis through the following aspects:

1) Government revenue:
Oil income accounts for up to 90% of state revenues, and any Anhfad lead to the faltering reconstruction efforts. Here prospects following:

A. Because of the recession, which will in the world, it is anticipated decline in demand for crude oil, and this decline will not be limited to the traditional industrial countries in the world but even China India. "OPEC is now considering the question of maintaining the price of oil by reducing production. But Iraq because of the embargo over the years by producing countries and the fact that its share in the prior period, calls for it to enter Iraq Ptfawd with OPEC on the need to further increase Iraqi exports, or at least maintain the minimum 1.9 million barrels per day.

B. The price is expected to decline, and now we see falling prices this year had exceeded $ 100 a barrel, to reach Bhddod is now $ 80. Expected the price to fall to 55 - $ 65. It is therefore expected to have revenue between 37 - $ 44 billion . That the shortfall in income is definitely a challenge to find the pace of reconstruction efforts.

The decline in income would mean re-prioritize spending to reduce the financial allocations that have been emphasized.

2) Foreign trade:
Foreign economic relations based on the export of crude oil (Zmor exports because other sectors). Almtvhs and the nature of the interrelationship between economic sectors through check transactions substantive agenda of inputs and outputs for 1981 (which undoubtedly represents an advanced state of the current situation), we find a pattern of the intersection of weak sectors . This means that the structural fabric, which combines these activities and sectors with plenty of gaps. Because of the economic situation inherited, almost Iraq imports more than 90% of consumer needs, and by greater investment needs. And because of rising inflation in the industrialized world, the ability of the Iraqi economy to import Will import all its challenges and difficulties.

3) Foreign investment:
The problem of weak cash flow obstacle, it is difficult for financial institutions to provide expenses associated with foreign investments. This is expected to failed efforts of foreign investment in Iraq. Which requires travel to certain countries, such as oil-producing Gulf states or encouraging them to fill the investment gap. That the work required in that direction anyway. The efforts to encourage foreign investment will not be realized if improved infrastructure to facilitate the action of government and banking facilities ... Etc.. The other hand, recession and economic strangulation if it happened, Iraq would be a breathing space. May be made available to Iraq to obtain the best bid.



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Trade Minister: There are no financial or administrative corruption in the ministry and we need large amounts to cover items of the ration card


By HM By HM
Published 15.10.2008, 20:38


Uzmatik / Baghdad

Said Trade Minister Abdel Falah Hassan, the Sudanese that "most food within the ration card items to be imported from abroad, and therefore we need large amounts to cover these items, because of the high prices in the global market," pointing out that "there is no financial corruption Or administrative ministry. "

The Sudanese press conference held in Al-Mansour Hotel in Baghdad on Wednesday, said that "the issue of food security for the citizens of great importance to us, is providing food to the general Iraqi people."

The Sudanese minister at the conference, which was attended by "Uzmatik" "The ministry buys eight million and 500 thousand tons of food per month, and therefore we need a lot of money, although the Iraqi government allocated five billion dollars for next year in 2009 for the purchase of items of the ration card, in addition to the capabilities Significant logistical and security of transport and storage. "

He said the Sudanese that "the ministry faced difficulties in providing supply for a continuous way, there is a lack happen sometimes because some of the material damage due to transportation and processing of some of those articles of the Ministry of Commerce damaged."


He pointed out that "does not foresee the possibility control of the material damaged during the coming days, although the ministry put the highest international standards for the import of food," pointing out that "the phenomenon of corruption and damage the food is a global phenomenon."

The Commerce Minister said "We accept any constructive criticism to evaluate the work of the Ministry, from any point was," stressing that "the work of the Ministry of Commerce is transparent, and there is no financial or administrative corruption in the ministry."

The positions of some political blocs, and the presidency of the Iraqi parliament, banned earlier to include the issue of interrogation and Trade Minister by the Iraqi Council of Representatives, against the backdrop of accusations of corruption and the ministry deficit for the delivery of ration to citizens.

The head of the Integrity Committee in parliament Fadhila party MP morning Saadi in an interview earlier for "Uzmatik" "The withdrawal of confidence from the Sudan has become a national demand and popular, after the failure of his ministry in the provision of food basket for Iraqis," he said, calling for "large demonstrations out to demand his dismissal" .

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Parliament: political blocs sought to reduce the powers of the central government, and Maliki sought to cancel most of the powers of local governments


Wednesday, 15 - Shawwal -1429 e



Bassem al-Sharif, told (AKI) Italian news Wednesday that "there are differences in views and perceptions between those who want strong central state and the rejection of her is out of hand and the demands of the federal government,

Others see the need to adopt the confederation. "He pointed out that the pursuit of political blocs represented in parliament to reducing the authority of the central government due to fears of a return to genuine manifestation of totalitarianism and dictatorship once again, believing that the strengthening of the Government Center will allow for that, he was

Sharif said "the repeated calls to Iraqi Prime Minister Nuri al-Maliki and a number of leading his party (Islamic Call) to distasteful to some parliamentary blocs, especially those represented in the four-party alliance (Kurds and Shiites), which seeks to eliminate most powers of the Federal Government and the granting of provincial and local governments more authority in the provinces" .

Sharif said "Even when we wrote the Constitution in the Fadhila party that will inevitably result in substantial differences in the application of its future because it was set by the forces is basically divided at the Alaidioljiat and visions towards a political system in Iraq," as he put it

The Sheriff, "wrote the Constitution establishes a system of Confederation, not federal, so he had the powers of local governments above all the powers of the federal government and give them character expansion and expansion in the future, so when he talks about strengthening the Maliki government position must first consider amending the Constitution, and otherwise be To his political speeches is not just only ", as he put it

He stressed that "Fadhila party advocates a federal system" He continued, "but we maintain with the Federal Government now powers a strong, with a need to decentralize the administration with the governorates should have greater powers and the status of a wider", he was

Sharif expressed his belief that the Constitution would not change in the current parliamentary session, P "There are requests to leave the major political differences, particularly those relating to the power and authority between the Government of the center and the regions, especially on the distribution of the wealth of the country to the next Parliament", as he put it
Lucky

Reporter:
Liberation: Salah / 2008-10-15

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Diala police to handle water shortage
October 15, 2008 - 08:52:35

DIALA / Aswat al-Iraq: Digging work has begun on 200 artesian wells in different parts of Diala, a local police chief said on Wednesday, noting that this work is a contribution by security forces to tackle the shortage of water in the province.

“Diala police command supervised the digging work,” Staff Brig. Abdelhussein al-Shamri said during his meeting with a number of Diala chieftains.

The stability in the security situation should be matched by an equivalent improvement in services, Shamri noted.

Diala province, a mix of Sunnis and Shiites, extends to the northeast of Baghdad as far as the Iranian border. Its capital is Baaquba, 57 km northeast of Baghdad. It covers an area of 17,685 square kilometers (6,828 sq mi).

A large portion of the province is drained by the Diala River, a major tributary of the Tigris.

Because of its proximity to two major sources of water, Diala’s main industry is agriculture, primarily dates grown in large Date Palm groves. It is also recognized as the orange capital of the Middle East. In January 2008 Operation Phantom Phoenix was launched in an attempt to eradicate the remnants of al-Qaeda network following the Diala province campaign between 2006 and 2007
http://en.aswataliraq.info/?p=101280

336 industrial projects worth $29M OKed
October 15, 2008 - 06:10:26

BAGHDAD / Aswat al-Iraq: The General Department for Industrial Development gave the go-ahead for 336 projects worth of $29 million in September 2008, a media source from the Ministry of Industry and Minerals said on Wednesday.



“The metal industries sector was ranked first with 96 permits, the foodstuff industry sector came second with 82 establishing authorizations, while the construction industry sector came third with 73 authorizations,” the source told Aswat al-Iraq.

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Non-Violence celebration started in Erbil
PUKmedia 16-10-2008 11:07:23
The network of the non-governmental organizations (IKNN) in Kurdistan region, al-Massala Centre for building the human capacities and the Children of Kurdistan organization celebrated the week of non-violence in al-Manara Park in Erbil.


During the celebration many artistic, cultural and athletic activities were presented to establish the non-violence concept and to cast away all kinds of violence and terror in the Iraqi community
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