The ministry is working on the best investment for these riches Oil Minister: Iraq has oil and gas reserves large

Oil Minister praised Mr. Adel Abdul-Mahdi, the efforts of the Russian company Lukoil to develop the West Qurna field / 2 in the province of Basra and the great commitment in the implementation of development plans and increase production.

This came during a meeting with the President of Lukoil single Aliakbrov and the delegation accompanying him. The oil minister said that the Russian company is an important partner for Iraq, it is one of the major international companies operating in Iraq, has yielded cooperation and deal with them positively on the reality of the oil industry national They are working on the development of oil fields and patches of exploration as well as the development and training of the technical personnel of the Iraqi National and provide social projects and service to the residents of the areas surrounding field. Stressing the importance of cooperation with foreign companies that possess the expertise and technology in addition to the potential large investment, and that Iraq has oil and gas reserves large, and that the ministry is working on the best investment for this wealth Btoveralbaih appropriate for the work of international companies and to overcome the problems and difficulties and challenges and to ensure that the expansion of the volume of cooperation with them and including contribute to achieving the goals for the future. For his part, head of Russia’s LUKOIL single Alekperov on the importance of cooperation with Iraq and the keenness of Directors to expand the size of cooperation and investment in the sectors of oil and gas exploration and liquidation. He added Alekperov: to work in the West Qurna / 2 is implemented in accordance with the approved plan included in the contract with the Oil Ministry and that this field will see early next year a rise in the production capacity so that up to four hundred thousand barrels per day, adding work now on projects of geological exploration with other foreign companies in the area of ​​exploration of the tenth and I believe that he was the formation of appropriate conditions for investment in Iraq and to ensure that the investor in Iraq’s rights. He explained that his company is one of the largest companies operating in the oil sector in Iraq has invested in Iraq six billion dollars over four years of work.

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Iraq Is Still Worth Saving

“Iraq is still a country, and it is still worth saving, but it may not have much time left.”

“Iraq is still a country, and it is still worth saving, but it may not have much time left.”
Michael O’Hanlon
October 15, 2014
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In his new book, Iraq After America: Strongmen, Sectarians, Resistance , Joel Rayburn has accomplished something remarkable. A book written before the invasion of northwestern Iraq this year by ISIL, and before the departure of Nouri al-Maliki from the prime-minister position, seems nonetheless entirely up to date-and Rayburn himself seems clairvoyant. Everything we have seen in Iraq these last several months follows logically, and now it appears almost inevitably, from his analysis.

I had hoped otherwise. Rayburn is a longstanding friend and colleague whom I got to know well during the days of the surge in 2007. He was extremely well groomed in Iraqi matters then; in the ensuing seven years, his mastery of the subject has only deepened. One lesson of this case, apart from what Rayburn teaches about Iraq, is that the US military still does something right when it creates intelligence and politics expertise of this type among some of its best officers, and we need to preserve that capacity, even as the armed forces downsize.
But back to the issue at hand. For most of the last five years or so, when I listened to Colonel Rayburn describe Iraq’s severe problems, I tended to hope that he was wrong, that Iraqis would find a way, that a people and a political class that had been through such torment and suffering for years and years would not throw away such a chance to build a new and stable nation. My hopes, alas, were misplaced, and Rayburn was right.

His book does not dwell on America’s high-level political decisions-to fight the Iraq war in the first place, to do so with poor preparation for a proper stabilization effort in the early years, to surge forces and change strategy in 2007, to withdraw in 2011. Being a uniformed military officer, Rayburn clearly does not believe it his place to revisit such decisions. And that is a good thing. Enough other people have done so in their books on Iraq. Moreover, those decisions were so momentous that it is difficult for any author who addresses them to wind up saying much that is memorable about any other aspect of the subject.

Rayburn, by contrast, focuses on internal Iraqi politics since 2011. He defines three main classes of actors-Shia supremacists, Sunni chauvinists and Kurdish maximalists-who have, unfortunately, done so much in recent times to tear the country apart and leave it vulnerable to the ISIL onslaught of this past spring and summer. Nouri al-Maliki is of course a major villain, but he is hardly the only one-and the Shia groups he represents are hardly the only guilty parties in what has befallen Mesopotamia since the hopeful days of roughly 2007 through 2009.

This message of criticism for many of Iraq’s modern actors will surprise few, at least in its broad terms, though the detail on who did what and when is very useful (without being tedious or excessive either). But what is most important about the book is the detail about each of these major sectarian groups that includes not only numerous broad-reaching indictments of many powerful figures, but a number of hopeful stories and themes as well. For all of Iraq’s Sectarianism , there are still many leaders-and much of the Iraqi public-That want to hold the country together and seize this historic Opportunity.

Rayburn’s own words capture it best:

“There is a popular trope among western academics that since Iraq’s borders are an artificiality created by European diplomats, it must follow that Iraq itself is an artificiality, and that there is no genuine Iraqi national identity. But this is not borne out among Iraqis inside Iraq-at least not for the present. For all the fractures that run through Iraqi society and that divisive politicians and militants have exploited so well, there seems to remain a silent majority of Iraqis of all kinds who would greatly prefer to live together as one people, in one country. They consider themselves heirs to a common ancient Iraqi heritage, a people sharing the country where civilization was borne. ”

As such, Rayburn’s message must still be interpreted as hopeful, despite what ISIL has wrought since he penned these pages. Indeed, the decision of Iraqis to form a new government under Prime Minister al-Abadi is an encouraging testament to their capacity to learn, and to recognize that going over into the abyss not once, but twice, within a decade may be to dig a hole from which they can not save themselves-and that no one else will be willing or able to rescue them from, either.

Rayburn’s words also have implications for whatever kind of Iraqi federalism may emerge from the current mess. Those of us who have studied “partition” know it is hard and hardly any panacea in a situation like this. Rayburn’s message should help us realize that partition is also not what most Iraqis tend to want themselves, even if they may now feel the need to create new structures (like the Iraqi National Guard) that allow for more self-government in various ways. We should stay flexible and open-minded about new constitutional and institutional arrangements that may emerge in Iraq in the coming months and years, as its different peoples try to find a way to coexist while still also being one Iraqi people as well.

A final word, however-there may not be much time to waste any longer, as Rayburn reminds us. Thus, the Obama administration’s role in the current crisis, while impressive in the political and military results it helped produce in recent months, may not be enough for what now lies ahead. My own view (not necessarily Rayburn’s) is that among other US diplomatic and economic roles, American advisory and mentoring teams and special forces may need to deploy in the field with Iraqi units-sooner, not later-as the Iraqi army and National Guard plot and execute a counteroffensive against ISIL in 2015. Iraq is still a country, and it is still worth saving, but it may not have much time left.

Michael O’Hanlon , senior fellow at Brookings, is Coauthor with James Steinberg of Strategic Reassurance and Resolve: US-China Relations in the 21st Century .

Public Spending hits War Financing

The Financial Times reports that a looming fiscal crisis is threatening to limit Iraq’s ability to finance its war against the Islamic State insurgents.

This is despite the country having large oil revenues, billions of dollars in reserves and surplus funds left from unexecuted projects.

In recent years, expenditures have “skyrocketed“, with the public payroll, and food and energy subsidies, taking up 70 percent of the public budget. In addition, as much as $500 million is needed every month just to feed the 1.75 million internal refugees who have been displaced in the war.

Baghdad also owes billions of dollars to the Kurdistan Region. The situation is not helped by the fact that parliament has yet to agree a budget for this year, at a time when oil prices have dipped below $90 a barrel.

Ashraf Abdelaal, the economic affairs officer for the UN mission to Iraq, told the FT:

“The IMF and the World Bank will not give Iraq one dollar until the budget has been approved … Credibility in the Iraqi system does not exist any more.”

http://www.iraq-businessnews.com/2014/10/14/soaring-public-spending-hits-war-financing/

Baghdad is safe .. and retreating terrorists

10/15/2014 0:00

Allowing big trucks to enter Baghdad at all times
Baghdad Qasim Hilfi
Scoffed at the Baghdad Operations Command of the media campaign misleading trying to undermine the strength and resilience of our brave troops, and confirmed that Qtatha are chasing the terrorists in several areas of the provinces of Anbar, Salahuddin and Babylon, in the time allowed by the big trucks to enter Baghdad and canceled the previous decision the judge to prevent entry only after a time Fourth pm.

Chasing terrorists

Media director in Baghdad Operations Command, Brigadier-General Qassim Attiya said in a statement singled out the “morning”: that “the pieces fighter operating under the command of the Baghdad Operations Command Chen military operations, many great and chasing down terrorists Alkhaúben deep in several areas of Anbar province in the vine and Aldhabtih and acidic and adjacent areas From the outskirts of Baghdad, as well as in the viewing areas and Nibai in Salahuddin and Latifiya and areas of the province of Babylon, adjacent to the capital, “.ocd Attia inflict terrorists heavy losses in dead and the destruction of many mechanisms for them and destroy their weapons in the quality of operations in coordination with the leaders of the operations in those provinces and the leaders of the Air Force and Army Aviation. He added that the leadership mockery of clowning media systematic practiced by some Arab media and foreign and driven him some Iraqi media without evidence or truth to be harnessed to raise the morale of the terrorists who are receiving air strikes and ground daily and incurring heavy losses in lives and mechanisms, and to try to destabilize the internal front and the impact on the psyche of the citizen-Baghdadi or stir up sectarian strife, adding that the leadership and two days ago, organized field trips to many of the local media and Arab and foreign countries in the areas of Abu Ghraib and the outskirts of Baghdad to Ifandoa News misleading, including the media lied to its news and Sahanha after that prepared reports from areas which claimed that the violent clashes and terrorists will enter Baghdad or control the airport.

Baghdad safe

Attiya stressed that Baghdad is safe from danger, and that the security forces will not only deter those who want to molest her, but hanging over him until eliminated.
He noted that the Baghdad Operations Command has decided to conduct proves the strength of the security situation in the capital to allow for large trucks to enter Baghdad at any time except hours of urban night that behave international highways and annuals and are subject to controls access to the inner city as the case previously, indicating that the leadership those decisions are issued from the reality of their work in determining the security measures and the safety of citizens and build on the achievements sedate security achieved on the ground.

Complete control

For his part, stressed security source working in the boycotted hand YUSUFIYA, Alexandria and Latifiya “morning” provisions of the control of the security forces on the outskirts of Baghdad, denying news that talk about the control of the organization “Daash” terrorist belt Baghdad Aoukrb fall or attempt to enter, stressing that those news baseless and aimed at weakening the mettle of fighters and create confusion to weaken the internal front and raise the morale of the terrorists who are receiving daily strikes juggernaut of the security forces and the popular crowd.
The media leaks regional and international and local reference to the existence of a threat to the capital of Baghdad and near the gangs “Daash” terrorist Baghdad airport west of the capital.
In the meantime, Transport Minister Baqer al-Zubaidi in his personal location social networking (Facebook) that “some media leaks of local, regional and international suggest that Baghdad threatened to fall at the hands of Aldoaash and respond to these leaks that Baghdad bacillus to collapse.”
“The bears ripping among us will fail because the options and weapons Stmzkkm and stunting your dreams Barcaa Baghdad.”

Certificate citizens

And denied citizens of the inhabitants of the areas around Baghdad false news propagated by the media biased want to foment sedition among the Iraqi people living in peace and Aman.oukal citizen Saad Alkrtani from the third bridge in Abu Ghraib, the “morning”: that the judiciary quiet and there is no trace of clashes or fight it, and that the areas of Abu Ghraib are stable security and the security forces fully controlled the city and on the outskirts of Baghdad, and that life goes on as normal and the broadcast of news about the deteriorating security situation lie.
While stressing Hammad Zobaie area Altauat in Abu Ghraib, “morning” that their area is adjacent and close to the Baghdad International Airport, and the news that circulated some Arab media and foreign been the focus of an exclamation and amazement of the people of the region, because everyone did not hear the sound of rounds one, and that the terrorists did not they could advance one step on the outskirts of the city, but the opposite is true, the security forces paid strikes many goals for them and destroy them Balkamil.ama Koutaiba Ghurairy of YUSUFIYA stressed the “morning” that the region is very quiet and people exercising their daily lives usual nor trace of any clashes or military operations, He pointed out that all the people are ready YUSUFIYA like the rest of the Sons of Iraq to deter terrorists and break the thorn.

Experts: financial systems are sophisticated enough to the advancement of the economic reality

10/15/2014 0:00

BAGHDAD Shokran Fatlawi

experts recommended in an economic seminar expanded hosted by the Institute for the progress of policy development and attended the “morning” the need to develop the Iraqi banking sector by reforming the role of state-owned banks and promote the values ​​of justice and equality among all banks.

economic expert and head of the Institute of the progress of the development policies d. Mehdi al-Hafez occur at the beginning of the seminar about the existence of an essential link between the financial systems of sound developed and economic development, stressing that the experiences of countries with financial systems developed to grow at a faster pace and achieved great achievements in the fields of economy, considering the commitment to allocate financial resources from foundations to increase productivity and promote economic development and support for equality of opportunity and reduce poverty.

Hafiz said that the experience in Iraq, the financial need for a review of constructive considering the financial system in the country is advanced and plays a limited role in financial intermediation.

duplication of reference for his part spoke financial expert d. Majid picture of the existence of the phenomenon confuse the banking business is the double reference to the banks through the adoption of private banks to the Central Bank in tracking government banks to the Ministry of Finance calling for the need to be a reference one so as not to occur a state of contradiction or intersection in the provision of banking services is accompanied by the presence of the other hand, her influence on the banking sector, which is the Registrar of Companies, pointing to the inability of the General Authority for any bank my family to hold a meeting without obtaining the approval of the Registrar of Companies. called Souri need to follow the movement of capital to reduce the phenomenon of money laundering, pointing out that the Central Bank’s role is to contribute to development and work exchange rate stability.

banking technologies with the director general of the Department of Statistics and Research at the Central Bank of Iraq and Walid Idi Nabi weak banking technologies and not used widely in a large number of banks as well as sagging administrative structure in a lot of banks, especially in government banks accompanied discrimination policy in dealing with private banks, which is to prevent the state departments and public sector companies from depositing their money in those banks and non-acceptance of instruments certified and regular and letters of guarantee issued by it, but within certain limits. Registrar of Companies and warned Idi that routine procedures adopted by the Department of Registrar of Companies cause to delay ratify the decisions taken by public bodies for the banks, including the increase of capital and hold its general assembly meetings not to mention the delayed re-trading of shares of private banks in the trading sessions taking place in the Iraqi market for securities, causing damage and losses to shareholders and investors alike. confirmed Idi that the delay in government banks and some banks Private banking systems in the acquisition of a comprehensive network of branches or link contacts with the departments of public and failing to take appropriate measures for the application of electronic banking, including electronic instruments led to the other is the weakness of the banking performance. obtaining debt while suggesting an economic expert d. Akram Abdel Aziz of the National Investment Commission that the private banks suffer from the problem can not be obtaining debt in hot areas because of the lack of guarantees and this would cause the loss of her big, adding that there are banks need the support of the central bank and there are other banks require it of them to merge with Similar banks in order to be able to face the challenges.

http://www.alsabaah.iq/ArticleShow.aspx?ID=79222

Minister Kurds swears next Thursday

Tuesday, October 14th, 2014 10:08

Erbil / Baghdadiya News .. renewed five Kurdish parties to participate in the formation of the Iraqi government yesterday its support for the government of Iraqi Prime Minister Haider al-Abadi, the Minister stressed that the Kurds will perform sworn in Thursday to begin their tasks in the new government.

The head of the Government of the Territory Barzani in a joint press conference with leaders and representatives of Kurdish parties to participate in the federal government, after the end of a joint meeting between them yesterday and I followed / Baghdadi News / “agreed Kurdish parties to support the government of Prime Minister of the Federal Haider Abadi for the success of his booth, and we will work with This support to resolve all outstanding issues between Baghdad and the region, through the dialogue table. ”

He added: “We will try to make a number of changes in ministerial positions given to the Kurdish side in the federal government, it is important that we got the five ministries, which means that all the parties involved in today’s meeting will gain a ministerial portfolio in the new Federal Government.”

Barzani stressed the deadline set by the Kurdish side of Ebadi in order to solve all outstanding issues between Erbil and Baghdad, said: “We insist on the three-month deadline we have set for Baghdad, we hope that we can solve our problems through this period.”

He continued that “there is no guarantee to resolve these issues with Baghdad,” noting that “the only guarantee of neighborhood unity, Kurdish, we will participate in the Iraqi political process in this unit now.”

In turn, the Secretary-General of the Kurdistan Islamic Union, Muhammad Faraj “The meeting discussed the share of the Kurds in the composition of the federal government,” explaining that the Kurds wait around for the government Abadi time to overcome the lingering crisis between Erbil and Baghdad. ”

The Kurdish parties, the five participating in the federal government met yesterday morning in the political bureau of the Islamic Union of Kurdistan in Irbil, in the presence of the Special Representative of the Secretary-General of the United Nations in Iraq, Nikolay Mladenov, in order to discuss enrollment Minister Kurds federal government and the latest developments on the squares and Iraqi Kurdistan and regional.

Ali said Baber, Prince of the Islamic Group in Kurdistan, “The participation of a representative of the Secretary-General of the United Nations at the meeting was a post supportive, as confirmed that the United Nations supports all the just demands of the Kurdistan Region, and we are who we send him an invitation to attend.”

For his part, said Mullah Bakhtiar, an official body operating in the political bureau of the Patriotic Union of Kurdistan (PUK), said that “the parties participating in the meeting will be issued a communiqué finally shed from which light on the course of the meeting, and the most important principles that intervention from which our parties and our ministers in the new responsibility in Iraq to be able to which the application the duties entrusted to them by the people of Kurdistan, and resolve outstanding problems between the region and the center. ”

At the same effect, said a member of the coalition of Kurdish groups in Baghdad, who preferred not to be named, told the newspaper «Middle East» The “Minister Kurds will join the Iraqi government after the oath next Thursday,” revealing that the delegation of the Government of the region, which will be headed by Nechirvan Barzani will travel to Baghdad in the coming days to discuss the outstanding issues between Erbil and Baghdad, and work to find a solution to these problems as soon as possible, and the most likely source on Tuesday as the time limit for this Zayarh.anthy / Agencies

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Return of Kurdish MPs to Government activates patriotic partnership, says MP

Published: 2014/10/14 20:00
Return of Kurdish MPs to Government activates patriotic partnership, says MP
Baghdad (Forat) –MP, Jamal al-Mahmadawi, of the National Alliance assured that the return of Kurdish MPs to the Government will activate the political agreements and the patriotic partnership government.
Muhammadawi mentioned in a statement received by Alforat News Agency ”The return of Kurdish MPs and practicing their regular duties will activate the political agreements within patriotic partnership government.”

”Our country is undergoing hard conditions where all sides should be unified to defeat the terrorists,” he concluded. \End\
Updated: 2014/10/14 20:08

http://www.alforatnews.com