The opening of the garage “electronic” Motor Bank in Baghdad

Electronic garage has been erected in the Bank of the UNESCO Baghdad
Author: BS, MJM
Editor: AT, BS
09/17/2015 20:59
Number of Views: 875

Long-Presse / Baghdad

Ahli Bank of Iraqis in Baghdad, opened on Thursday parking “electronically” car, and while the company is executing the project noted that this garage is the first of its kind in the country, showed that accommodates 12 cars and an area of ​​no more than three meters.

He said Moataz Abdel Wahed managing director of North executing the project lights in an interview with the (long-Presse), “This private car garage is the first of its kind in Iraq, which is a model,” noting that “accommodates 12 cars have been erected to one Iraqi banks in order to exploit space that were not accommodate is a very small number of cars. “

For his part, Technical Supervisor, Ali Farhan, in an interview with the (long-Presse), that “electronic garage, which was erected in the Bank of the UNESCO in the capital Baghdad, accommodates only sedans” sedan “, and there are garages similar also accommodate SUVs and other cars “, and that have not been installed or implemented in Iraq until now.”

Farhan said, that “the space occupied by no more than two car garage Mitrasftin space and is easy to move the monument and in addition to the electrical Aguetsadath as it does not consume his work in more than five amperes of electrical power.”

He hilarious, that “this form of monument garages will contribute to increasing demand for the establishment of other garages similar to his work, and he especially economic and investment and bear different weights and the cost does not exceed 160 000 dollars.”

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Iraqi army aviation destroys vehicle bomb driven by a suicide modern West

Thursday, September 17 / September 2015 11:33


The band announced the seventh army commander Maj. Gen. Abdul-Zobaie Naumann, Thursday, for the destruction of the army aviation bomb driven by a suicide vehicle modern West.

Zobaie said that «the Army Aviation and in coordination with the intelligence seventh band managed today, from the bombing of a vehicle bomb Hummer driven by a suicide bomber tried to target the stationed security forces in the west of Haditha (160 km west of Ramadi), resulting in the destruction of the suicide bomber who was driving and was killed.»

Anbar province is experiencing on a daily basis confrontations and clashes and violent medium between the security forces and the crowd tribal elements against state regulation of the liberalization of a number of areas seized by the organization in the province.

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Nechirvan Barzani, a delegation led by visiting Baghdad

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Erbil INA / announced Deputy for the Kurdistan Alliance Ahawk dry, on Friday, for an expected visit by a delegation headed by President of the Kurdistan Regional Government Naچervan Barzani to Baghdad in the coming days.

Dry said in a press statement that “it is scheduled to go delegation headed by Prime Minister Naچervan Barzani to Baghdad in the coming days, afterthought that” the date of the visit and the delegation members will meet with whom the delegation is still not specific issues. “

She noted that “determining the Kurdistan Region within the general budget of the Iraqi budget for 2016 will be similar to last year’s budget.”

The Baghdad and Erbil have agreed last year that the first export of 550 000 barrels of oil through the pipeline Turkish Kurdish daily average for the benefit of the Iraqi oil marketing company SOMO, including 300 000 barrels of Kirkuk oilfields and the rest of the fields of the region, that is second to send the region’s share of the budget General, amounting to 17% of it, is that the two sides often accuse each other of failing to honor the agreement.

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Rubaie reveals L / scales News / for the mystery of the presence of US forces in Iraq!

Wish

Since 09/17/2015 18:05 pm (Baghdad time)

Special – scales News

MP for the coalition of state law and a member of the Commission on Security and Defense parliamentary Rubaie, on Thursday, the mystery of the presence of US forces in Iraq.

Rubaie said L / scales News /, that “160 US troops resides now in military bases in Anbar province,” noting that “the Americans claim that the duty of the ground forces in Iraq now is to protect the 3800 expert-American and coach of the threat from al Daash terrorist”.

He MP for the coalition of state law and a member of the security and defense committee in Parliament, said that “the goal real the presence of wild American forces in Iraq is to strengthen the component” Sunni “in Iraq in order to establish a Sunni province, and then” Snstan “independently linked to Saudi Arabia, Turkey and America.”

It is said that “a leading figure in affiliated Badr forces under the body the popular crowd on behalf of Salami revealed to / scales News /, earlier, about the presence of wild American military forces Habbaniyah base, among He does not know what is the role of presence and do not know their role in fighting al Daash terrorist “.anthy 29/9 P

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Source: Al-Mahmoud transfer request achieve Jassim al-Maliki file to the Judicial Council  

Editor Ali Jasim – Thursday, 17 September 2015 20:16
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Alsumaria News / Karbala
A source in the Criminal Court of the province of Karbala, on Thursday, the head of the Supreme Judicial Council, Medhat al-Mahmoud called for the transfer of private investigation file an organ of the provincial council Jassim al-Maliki to the Judicial Council.

The source said in an interview with Alsumaria News, “The secret book mentioned by Mahmoud al-Maliki to move your investigation file to the Supreme Judicial Council.”

The source, who asked not to be named, said: “This is the first time that the request for investigation of the case by the Judicial Council file.”

The Karbala criminal court, in (2 September 2015), an arrest warrant for a member of the provincial council Jassim Hamid Hani al-Maliki, on charges of abusing his position to obtain funds illegally.

The Prime Minister Haider al-Abadi face, in (9 August 2015), open the previous and current files of corruption under the supervision of a higher committee working principle of “Where did you get this”, while calling the judiciary to adopt a number of well-known judges of integrity to investigate and prosecute corrupt.

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Nuri al-Maliki meets US ambassador

Iraq
By Roudao 57 minutes ago
المالكي والسفير الامريكي
Maliki and US Ambassador

Roudao – Erbil

President of a coalition received state law, Nuri al-Maliki, on Thursday 09/17/2015, the US ambassador in Baghdad, Stuart Jones, was talking about the political and security developments in Iraq, with the need to coordinate stances between the two countries and activating efforts, in a bid to curb the expansion of armed groups and eliminate them completely .

A statement from the Information Office of the Nuri al-Maliki that he “received today his official office, US Ambassador to Iraq, Stuart Jones, noting that” During the meeting, they reviewed the political and security developments. “

The statement added that it was also “focus on the joint efforts between Iraq and the United States in particular and the international coalition in general in the war on terrorism and working to meet the Daash in Iraq and defeat the final, in the framework of cooperation between the two countries.”

For his part, the US ambassador for his government’s continued support for Iraq in its war against terrorism, referring to the US government’s commitment to provide full military support to Iraqi security forces.

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The plight of the judiciary reforms and anticipated demands of the demonstrators / 3

Thursday, September 17, 2015

And complete our previous article, and say:
The third axis: the legitimacy of the Federal Cassation Court:
Federal Court of Cassation come in importance after the Federal Supreme Court within the judiciary institutions Bmekanikih the inauguration of the President of the Court imposed by paragraph / 3 of Section / 2 contained by order of the Coalition Provisional Authority Order No. 35 of 2003 which necessitated that is headed by President of the Federal Court of Cassation, the Supreme Judicial Council, and that The President of the Court of Cassation had to be according to the law No. judicial organization of 160 in 1979, its article 47 / V, and as stated in the first part of it is 35, and the judiciary to draw attention to the naming of The Presidency of the Federal Court of Cassation and clearly according to the law and judicial traditions that used to label members of the configuration of the various courts and the bodies away from any legal debate about the legitimacy of the presidency of the Court of Cassation and its discriminatory and health decisions issued after the extension of service of judges No. 39 of 2012 Act, which may result in raised this particular time into a constitutional, legal and judicial setback might not be borne by the judiciary in attempts cohesion and independence from government and party conflict in Iraq now, there are several legal opinions addressed the legitimacy of the presidency of Mr. Medhat al-Mahmoud of the Federal Court of Cassation, Sotnolha in several observations, as follows:
First: that is the Coalition Authority No. (35) making the head of the Court of Cassation is the head of the Supreme Judicial Council and that the text did not apply because of the chairs of the Supreme Judicial Council is the President of the Federal Supreme Court and Article 61 of the Iraqi Constitution stipulates that the appointment of President of the Federal Court of Cassation is through the approval of the House of Representatives and this unless you happen Court of Federal discrimination chaired Judge Medhat al-Mahmoud since 2003, and without the issuance of a decree to appoint him to the Federal Court of Cassation, pursuant to Article 47 of the Judicial Organization Act (appointed by the President of the Court of Cassation by a presidential decree) According to (Article 61 / V / a) of the Constitution of 2005, assuming the presidency of this court of any judicial figure, must have the consent of the House of Representatives should be in addition to the issuance of a presidential decree in accordance with (Article 73/7) of the Constitution.
Second: that of the acting head of the Federal Court of Cassation is the Senior Vice-President of the Federal Court of Cassation and Mr. (Medhat al-Mahmoud) did not participate in the issuance of any decision of the Federal Court of Cassation since 2003 and so far, and that the chairmanship of Mr. Medhat al-Mahmoud of the Federal Court of the Supreme not conferred the presidency of the Council of the Judiciary Supreme and the Presidency of the Federal Cassation Court, because the judicial system and the law of the extension of judges and members of the Public Prosecution Service Act is determined by the Judicial Service, and is now defunct Coalition Provisional in Iraq No. 35, the authority for the year 2003 clearly stated that the head of the Supreme Judicial Council is the President of the Federal Court of Cassation, not President of the Federal Supreme Court and keep Mr. Medhat al-Mahmoud, headed by (the Supreme Judicial Council and the presidency of the Federal Court of Cassation and the Presidency of the Federal Supreme Court), a major judicial authority of the joints, and is a departure from the provisions of the Judicial Organization Law No. 160 of 1979, and is now defunct Coalition Provisional in Iraq No. 35, the authority for the year 2003 and the law of the extension service judges and public prosecutors No. 39 of 2012, a window of the laws and due followers and application which enables him to remain president of the Federal High Court alone and only referred to retire.
But saying that the Federal High Court Act, Mr. President of the Federal Supreme Court authorizes stay in the judicial function; the argument believe violates the constitution and the law and functional norms.
Third, after the extension of service of judges No. 39 of 2012 and determine the age of President and members of the Federal Cassation Court no later than 68 years, the continuation of the current chairman of the Court of Cassation law is contrary to the provisions of Article (1 / II) of the Code of extension above, and the survival of this breach continues despite more than 3 years after the publication of legislation in the facts of Iraq is flawed judicial authority, which must submit the rest of the authorities in the implementation of constitutional and legal rules, but to say that the President of the Judicial Council, the current does not manage Federal Court of Cassation, and his deputy, the oldest is the one who administered it is not correct for a group of reasons:
Thousand-based on the provisions of the Judicial Organization Law No. 160 of 1979 that Joost exclusively took the Senior Vice-President of the task President discrimination Court in cases of absence or presence of mind legal (CG 63) thereof, that is the subject of act as Vice-President of the Court of Cassation must be on the way associated with the temporary absence exception or legal inhibitor on kinship or affinity to the President of the Court with some members of the discriminatory bodies or legal impediment on the parties to the lawsuit.
B: that is well known that the President of the Supreme Judicial Council did not preside over virtually the General Authority for the Federal Court of Cassation since 2003, the great preoccupations in the management of the Judicial Council and the chair of the Federal Supreme Court, and if the Vice President of the Federal Court of Cassation is the task of the Presidency, the correlation imposed is power defunct CPA in Iraq No. 35 of 2003, section (2) of paragraph (3) which states that the President of the Court of Cassation, president of the Judicial Council, and so will the Attorney to be chairman of the Judicial Council and whether the Judicial Council wanted it or not, the question arises: from is a judicial figure who initiated the formation of the names of the judges who make up the discriminatory bodies since 2006 to the present day? Knowing there position of President of the Federal Court orders confirm the formation of his discriminatory bodies since 2006 to the last meal twenty judges who approved the appointment of the House of Representatives on 03.05.2012 as judges of the Federal Court of Cassation? And will become the President of the Judicial Council appointed the Federal Court of Cassation bodies may in practice March the role of President of the Federal Court of Cassation We have thus defied the selections Wort in the text of Article (1 / II), Law 39 of 2012.
There is a need to have the President of the Federal Court of Cassation name clearly and declared having regard to Article 128 of the Constitution and a number of substantive and procedural law, which stipulates that (export laws and judicial rulings on behalf of the people), and there is also a positive important now and in accordance with paragraph / 3 of Section / 2 contained an order authority Coalition Provisional No. 35 of 2003 which necessitated a provision that is headed by the President of the Federal Court of Cassation of the Supreme Judicial Council before any legislation Law 112 for the year 2012 and that the head of the Supreme Judicial Council is the President of the Federal Supreme Court.
The fourth axis: the legitimacy of judicial offices
There are several opinions have emerged through the writings of several affirming the legitimacy of judicial offices (president of the Cassation Court, the chief prosecutor, head of judicial supervision, the heads of fifteen appeal) because of non-observance of approval in the House of Representatives (Article (61 / V. a) of the Constitution, they are preparing of special grades, shall be appointed with the consent of the House of Representatives (Article (61 / V – b) the issuance of a presidential decree, and this was confirmed by order 35 of 2003, which stated in the first section of it (the appointment of judges and public prosecutors to work judicial office stipulated by regulation law Judicial number (160) of 1979 and the Law on Public Prosecution No. (159) for the year 1979) and judges who occupy these positions on the two classes class acting, not appointed with the consent of the House of Representatives, and the class was appointed by a presidential decree but without passing the House of Representatives means that the appointment contrary to the Constitution and the law.
And we say that these formalities are required and the task is not a must, but if we are, that we consider these positions are illegal we will be in front of toppling the entire state, because the majority of the positions designated by proxy, and the abolition of office we will be in front of cessation of many of the joints of the judicial institution, resulting in disabling work the entire state and the interests of those illegitimate and do not fit into the implications of justice and law.
Theme V: The question of the legal age of retirement:
All laws and decisions in force and instructions relating to the legal age for referring the employee or the judge or the President of the Court of Cassation to retire and most recently the extension of judges and members of the public prosecution service number 39 of the 2012 Act, found necessitate referral to retire when they reach the legal age of 63 years or 68 years for the President and members of the Federal Cassation Court Under the leadership of the now defunct Revolution applicable Council resolutions work under the provisions of Article 130 of the Constitution, and after reviewing the biography of the life of the President of the Supreme Judicial Council (filled with books brilliant legal studies) it turned out that he was born in 09.21.1933 any that in 2003 at the age (70 years ) was referred to retire any that violates the provisions of the laws has been appointed head of the Federal Court in 2005, at the age of 72 years and currently old (82 years) and this is clear evidence that he had never referred to retire, and that the Federal High Court Act No. 30 of 2005 came in the text of Article (6 / III) Chairman and members of the Federal Supreme Court to continue the service without specifying an upper age limit only if he wishes to leave the service, that is, if it reaches a hundred years old he continues to function, and that all instructions and decisions and laws and medical studies confirm The employee who is the legal age and wants an extension, be issued a medical support from the medical point in favor of his physical and intellectual integrity of the exercise of his work to the fullest, did not know the reasons not to transmit it to retire a Nahz age 70 years in 2003, although the law provided for is 68 In the legal age for referral to retire.
And complete the rest of our article on the second crossing.

.

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Announced the Presidency of the Republic, on Thursday, the president Fuad Masum endorsement of the law on political parties.

BAGHDAD / obelisk announced Presidency of the Republic, on Thursday, the president Fuad Masum endorsement of the law on political parties, and as pointed out that the latter included in the founding principles of the new party, confirmed that the law will be implemented 60 days after publication in the Official Gazette.

He said the presidential spokesman Khaled Huani in a statement, “Based on the provisions of Article 73, paragraph (iii) of the Constitution, ratified President of the Republic on the law on political parties,” noting that “the law will carry the No. 36 for the year 2015 will be implemented 60 days after the date of its publication in the Official Gazette” .

He Huani, that “the law includes new principles in the founding of parties Mrs. Mubarak establishment parties circle that attached to the Council of Commissioners of the Independent Electoral Commission of the judiciary and the competent jurisdiction to decide all matters relating to the affairs of political parties and organizations,” pointing out that “the law adopted transparent criteria in the sources of funding parties, and the establishment of the party must be on the basis of citizenship. ”

He Huani, that “the President of the Republic already introduced a bill that parties have the House of Representatives adopted nearly 80% of the project,” noting that “the law will organize the establishment parties and the organization of partisan activities in line with the constitutional developments and democracy taking place in Iraq.”

Referred to the House of Representatives voted in its session held in 16 (27 August 2015), a majority of its members on the draft law on political parties.

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What is expensive, which is expected in the case of Iraq the sale of sovereign bonds for investors?

09/17/2015 15:52

He warned a report by the Reuters news agency from the deterioration of the financial problems of Iraq in the long term.

BAGHDAD / obelisk warned a report by the Reuters news agency from the deterioration of the financial problems of Iraq in the long term, following the presentation of dollar-denominated sovereign bonds in the international bond market at high interest rates to cover the deficit in the budget because of the war against Daash.

Reuters said in its report, seen by “obelisk” Iraq seems to be on his way to a successful return to the international bond market after an absence of nine years to collect billions of dollars at high interest rates may lead to a deterioration of the financial problems in the long run.

Baghdad and organized a promotion to investors last week for a series of dollar-denominated sovereign bond issues, which hopes through which you can measure up to six billion dollars.

Iraq has been under financial pressure because of the war and to organize Daash tensions between the central government and the Kurdistan region in addition to the drop in oil prices.

When allocated Standard & Poor’s rating (B-) credit for Iraq this month, no fewer than six degrees of classification investment institution said that the risks related to security and institutions in Iraq among the highest level between all the countries that institution shall be classified and on a par with Egypt and never the two Greece.

It maximizes internal risk the instability of the global market environment and the trend is expected to begin to raise US interest rates may be starting this month.

And approached a return swaps in exchange for the commitment of Iraq to ensure the five-year used in the insurance of sovereign debt defaults from its highest level in almost six years if the risk rose 77 basis points to 576 basis points.

However, reducing the risk of potential oil industry unit in Iraq’s second-largest oil producer in OPEC.

Iraq has raised crude oil production to 3.8 million barrels per day in June from 3.05 million barrels per day a year earlier.

Baghdad has said it aimed to raise its production capacity to total between 8.5 million and nine million barrels a day by 2020.

Among the factors that work to slow down the increase in oil production, bureaucratic hurdles and security concerns and inadequate pipes and storage capacity lines.

But most of the southern fields where production has survived acts of violence Iraq is expected to be able to pay its debts with satisfaction if achieved at least a part of its oil plans.

Said Ram Mohan, director at Abu Dhabi Investment Authority, which holds the review of the bond issue prospectus before deciding on the decision to invest in this version, “Iraq now has foreign exchange reserves approaching $ 65 billion and certainly contribute to higher production in increased even further.”

So fund managers say that Iraq will not find buyers for its bonds only if you pay very high returns.

Baghdad has not announced the size of the first issuance or for the entitlement But bankers expect to be in the range of two billion dollars and have him from five to seven years.

The yield on the Iraqi jumped dollar bonds maturing in 2028 to all-time highs of up to 10.80 percent last week from 8.3 percent at the end of 2014 partly due to expectations of an increase of supply in the market.

He said Raza Agha sovereign bonds of emerging markets analyst at VTB Capital “in light of the Iraqi bonds that mature in 2028 exchange rates and the level of the standard price would have to be a coupon for a new version of Iraq for a decade 10.75 percent, consistent with the bond existing” In the market.

He added that the version in the pricing of those limits mean that Iraq will become the highest return bond issues between the oil-exporting countries in the Middle East and Africa.

Iraq and systems to promote meetings for investors in London on Thursday and Friday is due to this activity moves to New York, Boston and Los Angeles this week.

Focus on the Western financial centers and indicates that Iraq might be targeting large part sale of bonds to hedge funds and professional investors willing to accept the level of risk is high not to Gulf banks, which tend to buy high-yield bonds issued by the region.

Xuan said Taha Ibrahim, the founder of Spring Securities Company in Baghdad, said the bond issue came at the wrong time due to low oil prices and increased spending on Baghdad battles in the war on the organization of the Islamic state.

“It’s the first you turn a huge surplus into a huge deficit. But the impact of that on the spot is a trend to very conservative fiscal policy is not to borrow money.”

But if the release is part of a coordinated program to strengthen the financial position of Baghdad may be investors reacted positively. According to the prospectus that it might as well be as stating that Iraq will use a range of options such as domestic bonds and loans in addition to the Special Drawing Rights of the International Monetary Fund.

In early June, and the IMF agreed to lend Iraq $ 833 million is expected that the World Bank is providing $ 1.7 billion for Baghdad.

Taha said the positive is the first time that people are thinking about all that and thinking about what happened and how to correct economic path.

Some fund managers believe that the bonds issued by Iraq priced in a manner attractive pricing compared to Egypt bonds that mature in 2020 and classified as a higher degree of one of Iraq as that Egypt faces major political and security problems.

And those bonds are trading at a price of 4.68 percent.

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