Thread: Archive Latest News - Dinar Think Tank - 27/08/08 - 15/01/09

Iraq from Kuwait hopes to agree to extend the period of payment of compensation

Iraq hoped that the Kuwaiti government agreed to his proposal for pay awards by Baghdad, of the invasion of Saddam Hussein's regime in 1990, which Istqtaha the UN, to Kuwait, "the longest period of time."

The Finance Minister Baqir Jabr Solagh told AFP: "We have to pay a total of about fifty billion dollars so far paid 23 billion dollars."

"The United Nations deduct 5% of the proceeds from each oil to pay such compensation." He explained: "We are in discussion with the Emir of Kuwait, ministers and the hope the acceptance of 1% of the proceeds rather than 5% and the Iraqi people in the hope that the Kuwaiti people accept our proposal, which accepts the will through which we pay compensation and to less effect."

"We are ready to pay all the damages but we want to be distributed to a longer period because Iraq should work to devote money for reconstruction, given that oil prices had fallen".

The Iraqi minister said he had visited Kuwait recently to discuss the damage caused by Iraq's invasion of Kuwait in 1990.

Has forced the UN Security Council after Iraq's invasion of Kuwait to pay 5% of its oil revenues to fund the United Nations to compensate for the invasion of Iraq.

The Fund received requests for compensation of $ 354 billion dollars, but acknowledged only $ 52 billion, including 45 billion for Kuwait.

The fund paid 21 billion dollars in compensation for Iraqi invasion of Kuwait, including 11 billion dollars for Kuwait.

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Iraqi politicians criticize the nomination of Prime Minister Nobel Prize

Iraqi politicians criticized the government for the nomination today, Thursday, Prime Minister Nuri al-Maliki for the Nobel Peace Prize, saying it was too early to talk about the prizes for peace in a country still riven by violence.

The Iraqi government says he should be given to the Maliki win the prize for his role in establishing peace and security in Iraq, where violence has sharply declined over the past year.

The question of the nomination largely symbolic because the government has no say in the process of granting the award are nominated and dozens of people each year without there being little chance for the prize.

Last month, Iraq has seen the lowest number of deaths officially by violence since the beginning of the war but the country still experiencing daily bomb attacks.

The independent deputy of Osama Najifi he believed it was better to wait for the stable political situation and security.

The MP said the Izz el-Deen when he last displaced Iraqis, or when implementing the amnesty laws, justice and accountability when it was full and reconciliation among Iraqis, this award will be greater and therefore he believed that the nomination was premature.

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Zubaidi: Cabinet vote in the next two days on a draft Convention Strategy

Said Finance Minister Bayan Jabr said the cabinet vote on the draft agreement strategic with the United States on Saturday or Sunday.

Zubaidi said that a thorough discussion about the U.S. response on the final draft to the Convention currently under way between the Americans and the Iraqi negotiating team and the Office of Prime Minister Nuri al-Maliki ..

Zubaidi said that the cabinet will meet on Saturday or Sunday to discuss the final draft and vote by vote, adding that ministers would be drafted by the Convention full of yes or no, considering that the U.S. side has clearly said that the Iraqi response to the final amendments completely .. The Minister of Science and Technology pilot struggled Fahmy said earlier that the cabinet decision on the Convention would be taken after obtaining the full translation of the U.S. response and legal advice.

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Maliki: Amendment to the Constitution are in accordance with specific mechanisms

Prime Minister Nuri al-Maliki, on Thursday, the amendment to the Constitution no right to a certain point in itself, but there are specific mechanisms to do so, according to a statement of the prime minister.

The statement received (Voices of Iraq) Maliki during a meeting between a delegation from today, Thursday, Karabila tribe, "We asked to amend in order to be satisfactory to all, and the opposition to Qenaha it is natural Changing the Constitution is not for me or the right to the territory of Kurdistan, but there are specific mechanisms Under the amendment. "

He has demanded changes to the constitution gives the central government broader powers than it is now, which was opposed by many political forces in the forefront of the Kurds claim as an enemy of democracy Atnsjm with the Constitution.

Maliki said, according to the statement, "We appreciate the sacrifices made by the tribes to stabilize the rule of law and order and security."

He noted that "the government will continue to support farmers in the agricultural part of the initiative."

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Iraq hopes for deal with Kuwait on Gulf war reparations

Iraq hopes to cut a deal to extend its timetable for paying war reparations to Kuwait for damage caused by Saddam Hussein's 1990 invasion of the country, the finance minister has said.

At present the United Nations takes five percent of the revenue from every barrel of oil Iraq exports and applies it to a fund to pay back countries that suffered during the invasion, principally Kuwait.

The small, oil-rich Gulf emirate has claimed damages from Iraq for the invasion and seven-month occupation by Saddam's forces, which were driven out in 1991 by a US-led coalition.

Iraqi Finance Minister Baqer Jabr Solagh told AFP in remarks on Wednesday that he has proposed reducing the cut to one percent, extending the timetable to pay the reparations.

"It is in total around 50 billion (dollars). We paid until now around 23 billion, because when we sell each barrel, the UN cuts five percent from our oil revenue," he said.

"We want to reduce the five precent to one percent. The Iraqi people hope the Kuwaitis will accept this offer," he said, adding that falling oil prices were making it hard for Iraq to fund its reconstruction after years of war.

Solagh took the offer to Kuwait during a visit in September but did not receive an official response.

Figures released at the time showed the UN compensation fund has received claims worth 354 billion dollars, but had approved just over 52 billion dollars, of which around 45 billion dollars are for Kuwait.
The fund has paid out more than 21 billion dollars, around 11 billion dollars of it to Kuwait.

Saddam was toppled during the 2003 US-led invasion of Iraq and ****uted in 2006 for crimes against humanity.

http://www.zawya.com/Story.cfm/sidAN...%20Reparations

Basra seeks a region of its own within Iraq

Thousands of citizens unite to demand their own federal autonomous region.

Seeing opportunities in the success of Kurdistan Region, the residents of Basra look to turn province around after years of being marginalized and neglected.

The people of Basra province in southern Iraq collected 34,800 names for a campaign in which they are demanding the establishment of a federal region of their own. The head of Karbala provincial council sees the establishment of such regions as normal, but some parties have declared their opposition.

Iraqi Parliament independent member Wa'il Abdul-Lateef, who arranged the campaign, said on Monday at a press conference that he expects the announcement of a Basra federal region within the coming three months. He spoke at the Basra branch of the Independent High Electoral Commission of Iraq.

"We submitted to the Commission office this morning the demands of 34,800 Basra citizens who ask to make the province a federal region," said Abdul-Lateef. He said more signatures will be collected in preparation for holding a public referendum in the province about the project. "If the supporters of this project reach 50% plus one during the referendum, then the prime minister must announce Basra as a region."

He explained that the procedures to establish the region would not take more than three months and would not impact the provincial council elections expected at the end of next January. He also noted that this future possible region will have a Parliament of 75 members, an ****utive authority with no less 25 ministers, as well as a court. As for their goals, he noted that through a region service vacancies can be filled. "The Basra population has a big desire to transform their province to a region because of the neglect and marginalization they have incurred over the past years."

He insisted on "benefiting from the Kurdistan Region experience" while establishing Basra region. "Federalism in Iraq cannot be realistic while there is one region of Kurdistan, but the Basra region must also be established in order to make federalism practical in Iraq."

The head of Karbala province, Abdul-Al Al-Yasiri, said he expects to see the establishment of several regions based on individual provinces.

"Founding regions in Iraq is normal because we have a federal state according to the Constitution. Therefore, establishing regions here and there is not a strange [act]," said Al-Yasiri, commenting on the attempts by Abdul-Lateef to establish Basra region in an interview with "Newsmatique" on Tuesday.

"The financial achievements for a region go above those for a province, and this I consider a main factor that may achieve welfare for the people of the region," he said, noting, "The developments ongoing in Iraqi Kurdistan Region is something that encourages others to reach for the same experience."

The system of regions enhances the unity of Iraq and reduces the burden on the central government, said the Karbala official. "Founding regions on [singular] province bases is the right step at the current time, and this can be developed later to see several regions combine to build a bigger region," he added.

However, several Iraqi parties expressed their opposition to Basra's goal. The Sunni Arab leader of the Arab Bloc for National Dialogue, Salih Mutlak, described the action as an "electoral campaign."

"Provinces that change to a regional system at the current time will not be able to govern themselves; this will lead to problems with rivers, oilfields, and borders of the provinces as well as administration problems," warned Hashim Al-Ta'I, a Parliament member from the Sunni Accordance Front list.

The major Shiite parties have also announced their opposition in their own manner. The Iraqi Islamic Supreme Council, led by Abdul-Aziz Al-Hakeem, called for establishing bigger regions in a way that all southern and Shiite provinces could be formulated within the southern and middle regions. Meanwhile, the Islamic Al-Dawa Party, led by the current Prime Minister, Nuri Al-Maliki, seeks to allow more power to the central government.

http://www.zawya.com/Story.cfm/sidZA...thin%20Iraq%20

Wow! Seaview, Some really interesting articles from you today. Thanks. You're hard work is much appreciated.

Only the title makes sense in this article.....

Shell talks on oil projects in Iraq in final stages

Chief Housing MTV. Me. Epson. or oil on Friday that reached the final stage of talks with Shell on the progress Housing offers in bidding for oil exploration in Iraq.

The airline said by Reuters was interested in the opportunities that arose in Iraq's oil sector.

In April, the airline اadded to the list of eligible precondition for in bidding for oil exploration in Iraq

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Kuwait's parliament opposed to forgive Iraq's debts, & rejects use of the term Saddam's invasion

Iraq hoped that the Kuwaiti government agreed to his proposal for pay awards by Baghdad, of the invasion of Saddam Hussein's regime in 1990, which Istqtaha the UN, to Kuwait «the longest period of time».

The Finance Minister Baqir Jabr Solagh told AFP «We have to pay a total of about fifty billion dollars so far paid 23 billion dollars». He added that «the United Nations deduct 5% of the proceeds of each oil to pay such compensation». The «We are in discussion with the Emir of Kuwait, ministers and the hope the acceptance of 1% of the proceeds rather than 5% and the Iraqi people in the hope that the Kuwaiti people accept our proposal, which will pay the compensation which we are exposed to the impact and less». e said «We are ready to pay all the damages but we want to be distributed to a longer period because Iraq should work to devote money for reconstruction, especially since oil prices fell». The Iraqi minister said he had visited Kuwait recently to discuss the damage caused by Iraq's invasion of Kuwait in 1990.

Has forced the UN Security Council after Iraq's invasion of Kuwait to pay 5% of its oil revenues to fund the United Nations to compensate for the invasion of Iraq. The Fund received requests for compensation of $ 354 billion dollars, but acknowledged only $ 52 billion, including 45 billion for Kuwait. The fund paid 21 billion dollars in compensation for Iraqi invasion of Kuwait, including 11 billion dollars for Kuwait. The file of the Kuwaiti-Iraqi relations, strongly present in the meeting of parliament yesterday when deputies to address the issue of Kuwaiti debt owed by Iraq. From his part, Islamist MP Faisal al-Muslim to «Kuwaiti debt forgiveness for Iraq is unacceptable in principle as long as the nation exists, and the Government should not try to overthrow the era of the Iraqi invasion of Kuwait in history, especially after we saw the official state ********** devoted 52 this year Minutes to recall the event, and we would like to stress that the government attempts to change the term invasion of Iraq with Saddam's aggression and self-will of the people as the invasion of Iraq was the Iraqi invasion ».

The Kuwaiti cabinet decided after the fall of Saddam Hussein's regime to prevent the Iraqi invasion of the term in official correspondence and curricula to Saddam's aggression in reference to Iraqi President Saddam Hussein. Liberal MP Saleh Mullah introduced to the parliament to deal with a different vision of Iraq's debt owed to Kuwait when he said «the government to think seriously and are considering importing natural gas from abroad into account the development of Iraq, which could swap debt natural gas, and served so easy D pipeline across the common border, To be able to collect this amount of debt which amounts to 10 billion dinars, as well as we were able to secure an environmentally safe source of energy that can occupy the power stations ».

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Industry application of the system begin privatization of state companies

U.S. Secretary of Industry and Minerals Fawzi Hariri said most of the contracts in the planned rebuilding Iraqi companies will be based on a strategic partner, will be the preference of the partner capable of providing services and the possibilities of modern technology known worldwide as well as emphasis on the rehabilitation of technical personnel and funding process.

Hariri said in a press statement that the study was to find a kind of tacit agreements show how the diversity of contracts, depending on the type and nature of the institution, where there is a great demand from several Arab and regional companies to invest because they are certain that the unstable conditions will not last long.

He noted that the government's policy on investment and a clear shift from the public sector to the private sector or free market, and this will go towards supporting the private sector and industry of Iraq.

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