Friday 21 April 2017 - 14:00 GMT
Iraqi federal police forces raised the largest Iraqi flag in the right side of the city of Mosul.
Aggiedad77 » April 21st, 2017
( Statement) in order to clarify the full picture about the branches of foreign banks dealing with the sale of foreign currency window We would like to show follows
The branches of foreign banks operating in Iraq, representing the bank president with all its potential, including the capital and the claim of the Central Bank of Iraq to the need to provide these branches (seventy billion dinars) is only operational capital and does not represent the entire share capital of the bank.
The entry of the sale of foreign currency window for banks operating in Iraq in general be approved by the Central Bank of Iraq standards and accounting firms of international solid and are available for all banks to see them and thus when they exceed some branches of foreign banks , these criteria are excluded from entering the window either when matching standards , as is the case with all Iraqi banks will get the maturity and there is no discrimination deal for the Central Bank of Iraq between banks operating in Iraq , whether foreign or Iraqi , but on the basis of classification because it forms part of the Iraqi banking system .
Note that the number of Arab and foreign banks do not enter the window of the sale of foreign currency intervention or already in limited quantities and that the share of the Iraqi banks continue to represent the largest proportion of dollar sales. Aloha Randy
Samson » April 21st, 2017
21/04/2017 - 3:50
It called on the Iraqi government, on Wednesday, the German counterpart to the need to launch Iraqi funds frozen in some German banks, stressing the need to strengthen economic cooperation between the two countries.
Jaafari said during a joint press conference with his German counterpart, Sigmar Gabriel, in Baghdad and I followed "Economy News", "Iraq contemplates opening the prospects for economic and commercial dealings between the two countries, as well as the launch of Iraqi funds frozen in some German banks because of the need to bring it back to Iraq."
He added, "We have confirmed German Foreign Minister need to play Germany, the task of playing an important role in the reconstruction and construction efforts in the areas liberated both in Salah al-Din or Anbar or Mosul.
Samson » April 21st, 2017
20th April, 2017
The U.S. State Department has approved the sale of $295.6 million worth of military equipment to Iraq for artillery and infantry Kurdish peshmerga units, a Pentagon agency said on Wednesday.
The equipment requested by the Iraqi government would outfit two peshmerga infantry brigades and two support artillery battalions, the Defense Security Cooperation Agency said in a statement.
Congress was notified of the approval on Tuesday, and the notice does not mean the sale has been concluded, the agency said.
Samson » April 21st, 2017
04/21/2017 - 13:06
Tuesday morning met with senior financial officials of the world in Washington, DC, in an effort to push the host head of the country's policies that are still under development away from trade protectionism In order show broad support for open trade and integration.
According to "Reuters", the set spring meetings of the International Monetary Fund and the World Bank member institutions of the 189 members in the face with the work of President Donald Trump table, which spearheaded "First of America" slogan as holding their meetings on after only two blocks from the White House.
Domenico Lombardi, a former official with the IMF, which is currently working with the Center for Innovation in the field of international governance, a research institution Canadian and explained that these meetings will be all about Trump and the effects of his policies on the international agenda, adding that Christine Lagarde, director of the IMF aims to engage the new management agenda Fund and the impact of business management options in various policies.
The IMF has issued warnings to reduce the US trade deficit plans by Trump possible measures to restrict imports, saying the latest economic forecasts that trade protectionism policies would negatively affect global growth, which began gaining momentum.
The attacking Trump administration officials at the present time, these warnings, saying that there are other more have adopted countries trade protection from the United States, and promised Trump softened financial controls adopted in the United States following the global financial crisis in 2008, and in return confirms the IMF that such action would " the possibility of "provoking a financial storm in the future.
Furthermore, the second highest responsible executive at the World Bank said that US President Donald Trump administration will work in favor of an agenda that raise the slogan of "America First" if the United States to reduce the role of leadership in multilateral institutions including the World Bank.
Said Kristalina Georgieva, General Administrative Director of the World Bank, said that meetings with Trump administration officials did not reveal yet any desire to withdraw from the multilateral institutions, adding that during the forum at the beginning of the spring meetings of the International Monetary Fund and the World Bank: "I did not hear them never had a say We want to withdraw. "
The aim of the management proposal that Trump is known as the "meager budget" to reduce funding for multilateral development banks including the World Bank by $ 650 million over three years compared to the commitments made by the former President Barack Obama's administration.
However, the US Congress is to take the final decision on spending levels in the fiscal year ended on the first of October (October), not the White House.
Georgieva reported that the budget shows that the US administration estimated its position in the institutions. The United States is the largest contributor to the World Bank so far and holds about 17 per cent of the voting power in it, noting that during the meeting with the Bretton Woods institutions to "ignore your standing in the institutions that you enjoy the voice of an influential and very important not consistent much with America's first logo."
She added that the World Bank financing is probably not on top of the many priorities of the new administration confirmed that the bank relies on self-financing in many respects.
She drew Georgieva, that one of the reasons you think it will pay management to maintain Trump on the role of the World Bank is the work of the bank to achieve stability in the war-torn areas and the United States interests in them.
She said Georgieva: "We are in Iraq and Afghanistan. We hope to be in Syria someday, these places need investments in order to bring about stability. I do not know how it can hurt any of our shareholders that the world be more stable.
PappaJack » April 21st, 2017