On Wednesday, the United Nations Security Council extended the mandate of the United Nations Assistance Mission for Iraq (UNAMI) until 31st July 2014, so it can “continue to advise and support the country, which has been hit by the worst violence in years, to progress on the path to stability and development“.

In a unanimously adopted resolution, the 15-member body also called on the Government of Iraq to continue to provide security and logistical support to the Mission, and on Member States to continue to provide it with sufficient resources.

UNAMI will now take responsibility for several issues relating to Kuwait, which were moved from Chapter VII to Chapter VI in a vote in late June.

But the extension of the mandate also has implications for the credibility of the forthcoming parliamentary elections, which are due to take place in the first half of next year; UNAMI will be observing the conduct of the elections, with logistical support committed by Foreign Minister Hoshyar Zebari.

With violence on the increase, and Prime Minister Nouri al-Maliki unlikely to be allowed a third term in office, the election may be quite eventful — having the UN Assistance Mission still in place will certainly aid the process.


Zebari denies washouts Iraq into civil war and confirms the failure of security agencies to protect Iraqis

Iraqi Foreign Minister Hoshyar Zebari
Author: HAA
Editor: AHS 7.25.2013 21:50

Range Press / Baghdad
Denied, Iraqi Foreign Minister Hoshyar Zebari, on Thursday, "drift Iraq toward civil war," and attributed the violence to hit the country to the failure of security agencies to take appropriate measures to protect citizens, underlined that Iraq is one of the most affected countries by the conflict in Syria.

Zebari said in an interview with Radio th (BBC) British and seen by (the long-Presse), "Although the security events that took place recently, and led to the downfall of a lot of innocent civilians, I do not think that Iraq سينجرف toward civil war or even a sectarian conflict" , adding that "Iraq is facing some security challenges and serious political and regional."

And Zebari said that "the fall of a lot of civilian casualties due to attacks by terrorist groups, due to the failure of our security in the provision of security measures appropriate to protect the citizens, in addition to be affected by Iraq, including being of the events in Syria,"

noting that "Iraq will be the most affected countries are constantly If the conflict in Syria, in terms of geography and Social and Djioboltkih, This is why we are monitoring the situation in Syria with great concern on what is happening from the tragedies of continuing. "

He Zebari "Unfortunately transformed Syria into the fighting were collected jihadis from both communities, and this is something we warned him from the start, fearing that take the events in Syria turn sectarian," he said, adding, "Hezbollah’s role in the fighting and calls for jihad clerics Year responses from some Shiite militias as well, to participate in the fighting. "

He Iraqi Foreign Minister that "any of these invitations to volunteer will not Thoudy the eBay Support Ochjaa-from the Iraqi government, because the government with a political solution and respect for the opinion and the will of the Syrian people, consistent with democracy."

The International Police (Interpol), issued on Thursday, warning provinces regarding the escape group that got in the prisons of Abu Ghraib and Taji, and noted that the warning came request of the Iraqi authorities, Fimaokdt to work with the Iraqi authorities to gather information on the escaped prisoners.

A source at the Interior Ministry said Sunday, (July 21, 2013), that several mortar shells fell on Abu Ghraib prison west of Baghdad, on Thursday evening, followed by the outbreak of clashes between the special force came to the prison after the fall of shells and gunmen attacked during approached the prison building,

also fell number of mortar shells near Taji prison (Pisces), followed by the explosion of several explosive devices on the road leading to the prison, "noting that" unidentified gunmen attacked after elements of the protection of the prison which led to the outbreak of violent clashes between the two sides.

The Iraqi List, accused on Wednesday, Prime Minister Nuri al-Maliki to "failure" in running the security file, and while confirming that the security agencies infiltrated by "terrorism and militias,"

after he turned into a "sword hanging on the necks of Iraqis," pointed out that the judicial coronary and Abu Ghraib were subjected to collective punishment after the escape of prisoners.

A security source earlier revealed, on Monday, (the 22 of July 2013 now), the number of inmates escaped from the Abu Ghraib prison after the attack, it amounted to more than 600 runaway, the source expected rise in armed attacks in the coming period because the fugitives "of the most dangerous terrorists," He pointed out that a large number of the victims were killed on both sides.

The Ministry of Justice announced on Monday, too, that the death toll from the attacks on prisons Taji and Abu Ghraib, amounted to 68 dead and wounded, but pointed out that about nine Antharin and three car bombs used in the attacks on the prisons as well as they faced the shelling of more than 100 mortar rounds, noting to the formation of committees to achieve the attacks and conduct a census to make sure no prisoners escape.

A source at the Interior Ministry said on Sunday (21 th of July present), that several mortar shells fell on Abu Ghraib prison west of Baghdad, followed by the outbreak of clashes between the special force came to the prison after the fall of shells and gunmen attacked during approached the prison building,

also fell number of mortar shells near Taji prison (Pisces), followed by the explosion of several explosive devices on the road leading to the prison, "noting that" unidentified gunmen attacked the then prison protection elements, which led to the outbreak of violent clashes between the two sides.

It is noteworthy that the incidence of violence in Baghdad and other Iraqi provinces have seen since, the beginning of February 2013, a rise steadily, as stated the United Nations Mission in Iraq, in the first of June 2013, the month of May last year, was the deadliest after the killing and injury of 3442 Iraqi operations violence in areas parts of the country,

and stressed that it "very sad" to such a large number, called upon the Iraqi political leaders to "act" urgently to "stop the bloodshed unbearable, while Baghdad has seen, on June 24, 2013, killing and wounding 188 people with a series bombings hit different areas of the capital.

The British Mission for Human Rights in Syria, promised Monday July 15, 2013, that the rebels in Syria after two years of conflict could not meeting on the unified command, which has increased the rivalry between the forces of the secular opposition and the al Qaeda leadership of extremists,

while confirming the presence of fighting between the Syrian army free and al-Qaeda elements for control of the strategic locations in the orchard palace in Aleppo, showed that the risks to the ranks of militants from the fragmentation exploited by government forces in their favor uniting professional military forces behind the leadership of Bashar al-Assad.

The government forces launched a violent attack against the rebels in the province of Homs and the city castle, where the rebels and four consecutive days of attacks by government forces.

Referred to as the Damascus regime presented and exposed to package a variety of sanctions, Arab and international levels, as pressure is mounting on Assad to step down from his post and went to the extent the approval of the United States to arm the Syrian opposition to a limited extent,

but the protection of political and diplomatic offered him Russia and China, which for Jatta to use the right of veto three times so far, against any resolution condemning the violent practices of the Syrian regime led to a worsening of the conflict and threatens regional involvement of neighboring countries, which especially after Hezbollah’s involvement in public in Syria.

Experiencing Syria, since (15 March 2011 the past), a protest movement wide popularity began to raise demands for reform, democracy and ended claim fall of the regime after encountered violently bloody unprecedented by Syrian security forces and what is known as "Shabiha", resulting in even today fall More than 100 thousand people dead and tens of thousands of detainees, as well as more than a million and a half million refugees and displaced people.


Weak US data gives dollar a boost

NEWS.com.au12 hours ago

The Australian dollar is up strictly because the US dollar is down. Source: Getty Images. THE Australian dollar is higher after disappointing US durable goods data dampened hopes that the Federal Reserve will begin tapering its economic stimulus soon.

$A higher as weak data pressures US dollarThe West Australian
Weak US dollar push oil higherThe Australian

Weak US data gives dollar a boost

NEWS.com.au15 hours ago

The Australian dollar is up strictly because the US dollar is down. Source: Getty Images. THE Australian dollar is higher after disappointing US durable goods data dampened hopes that the Federal Reserve will begin tapering its economic stimulus soon.

Weak US dollar push oil higherThe Australian
$A higher as weak data pressures US dollarThe West Australian

– Natural gas prices tracked lower on Thursday on sentiments that milder temperatures that are currently edging out a heat wave over the eastern U. S. will cut into the need for gas-fired electricity generation in the coming weeks.
Unseasonably warm summer temperatures in the U. S. normally send prices gaining as businesses and homes ramp up their air conditioners, while milder temperatures have the reverse effect.
On the New York Mercantile Exchange, natural gas futures for delivery in August traded at USD3. 680 per million British thermal units during U. S. afternoon trading, down 0. 63%.
The August contract settled down 1. 20%, at USD3. 698 per million British thermal units on Wednesday.
States in the U. S. Midwest, Northeast and mid-Atlantic regions may see below-normal temperatures next week, which allowed prices to fall.
Bullish supply trimmed earlier losses though weather forecasts served as the market’s chief weather vane.
The U. S. Energy Information Administration said in its weekly report that natural gas storage in the U. S. in the week ended July 19 rose by 41 billion cubic feet, below market expectations for an increase of 46 billion cubic feet.
Total stocks now stand at 2. 786 trillion cubic feet, down 399 billion cubic feet from last year at this time and 46 billion cubic feet below the five-year average the report said.
The report showed that in the East Region, stocks were 120 billion cubic feet below the five-year average, following net injections of 25 billion cubic feet.
Stocks in the Producing Region were 45 billion cubic feet above the five-year average of 980 billion cubic feet after a net injection of 12 billion cubic feet.
Elsewhere on the NYMEX, light sweet crude oil futures for delivery in September were up 0. 37% and trading at USD105. 75 a barrel, while heating oil futures for August delivery were down 0. 07% at USD3. 0450 per – offers an extensive set of professional tools for the Forex, Commodities, Futures and the Stock Market including real-time data streaming, a comprehensive economic calendar, as well as financial news and technical & fundamental analysis by in-house experts.

International banks looking to Iraq’s desire mixed with fear

7/25/2013 | (Voice of Iraq) –

Middle East Online show international banks, including “Citibank” and “Standard Chartered” desire to find a foothold in Iraq, but this desire often collide with several negative factors in the country is witnessing عراكا politically tense security sustained.
Yet tens of millions of potential customers who owns a few of them only bank accounts, Pat Iraq represents an ambitious target of banking institutions, particularly that the Iraqis are looking forward now to banking services is greater than those available to them.

However, the old laws of the Covenant, and the dominant banks controlled by the government, and infrastructure vulnerable to this sector, In addition to a huge number of other obstacles Kaerak the ongoing political and security situation deteriorating, make banking activity in the country, an order is not guaranteed results.

says a Western diplomat, “it is very likely that Iraq will be a market rich in relation to the banking business.”
has returned to talk about the Iraqi market through the past few weeks after starting the major banks, including “Citibank” and “Stnadrd Chartered” moving in an attempt to establish presence in Iraq. Says مايانك owner, bank manager, “Citibank” in Jordan and Iraq, “We look to Iraq as biggest target next,” he said, adding “we see in Iraq giant is preparing for the advancement of”.

“We consider ourselves among the candidates the top, and we want to have the top priority.”

It will bank, “Citibank” in the beginning to serve existing customers, who are working within the energy companies operating in the fields of oil-rich.

But in the long term, the multinational bank will seek to move into the commercial banking business and service, although no timetable has been put in place yet.

He holds “Citibank” great hopes for Iraq, which is expected to economists bank that has a population of Iraq’s 50 million people economy worth about $ 2 trillion by 2050.

figure represents the last 15 times the current capacity of the economy, and roughly equivalent to the size of India’s economy.

With the development of sector, becoming a banking full is required, because the front of Iraqis currently limited opportunities in obtaining loans, insurance, credit cards, mortgages and other services.

As shown owner optimistic about the potential of the banking sector in Iraq, looming obstacles essential for the development of this sector.

While it decided to “Citibank” open an office in Iraq last month, the bank, “HSBC” announced later that he was withdrawing from the bank, “Dar es Salaam” local who owns 70 percent of its shares. spokesman said, “HSBC “It” At this stage we can provide more details about the process of change and timing. ”

However, diplomats and analysts pointed to a number of difficulties including the lack of modern systems to give Iraqis confidence in the banking process.

Even Iraqis who have bank accounts, they are not able on the use of ATM or services the bank over the Internet or even the ability to access their accounts from different branches of the bank itself.

has issued some credit cards, but there were no places accept handle. says a Western diplomat said “the conditions are not well suited to engage in banking individual . ”
and often complain of local companies that banks are unwilling to lend, or they demanded guarantees expensive and unacceptable., and the withdrawal of the World Bank estimates, the bank credit Iraqi amounted to less than ten percent of the gross domestic product in 2010.

For comparison, the This figure is about 55 percent in the rest of the Middle East. says Thamer Ghadhban Chairman of the advisers of the prime minister “must avoid the accumulation of cash within the government banks, but rather use the money to lend to even be a part of the system of the private sector.” adds angry that required “Technology best, as well as reductions in processing times and the Securities and staffing levels., and there is also a need to change the attitude toward customers. ” and explained that “the staff of the bank does not give them the service but the situation on the contrary,” adding, “They must attract customers and not push them out.”


said a member of the Committee on Economy and Investment parliamentary Salman al-Musawi: that economic development in Iraq can not be reached only through the transformation of the economy’s dictatorship to a free economy, pointing out that this issue is complex and not simple and requires concerted efforts despite the fact that the Constitution guarantees this transformation .
said in his speech for the “morning” in order to promote the economic reality should provide conditions are interdependent on her head, determine the strategic general economic transformation and policies used it as a policy investment, human development, production goods and services, financial aspects, monetary, customs, competition and prevent monopoly, management integrity, social responsibility and others.
infrastructure and pointed Moussawi said there also مانسميه infrastructure for economic activity as one of the most important requirements of economic development in the country, pointing out that they need to have a capital market efficient and effective with joint-stock companies an effective and successful and the system of banking and insurance market with excellent contexts work sophisticated as well as the need for a management system efficiently and effectively based on modern technologies in the management and information systems, pointing out that it is difficult to make progress tangible economic unless it is to change the administrative system prevalent in government departments and institutions.
legal system and stressed the importance of finding a legal system that includes all legislation and regulations economic combines the current legislation scattered in one group after trimmed and make adjustments required by, as well as finding a security system developed can provide security and protection for economic projects and people and property. welfare and stressed Moussawi said the improved economic activity leads therefore to improve the level of welfare of the Iraqi individual and it requires a concept of good governance down to economic progress, pointing out that the economic and investment commission is seeking to develop the Iraqi economy by contributing to the preparation of action plans and the provision of supplies as well as prepare a plan for the development of the capital market of Iraq and make it able to accommodate future changes in the Iraqi economy as well as the completion of the plan concerning the development of the administrative system year in administrative government.
Moussawi concludes his speech that the economic problem in Iraq, despite the efforts of various stakeholders to develop the economic reality but the results are regrettably limited.

Mexico Stocks End Lower; Peso Stronger Against US Dollar

Wall Street Journal9 hours ago

MEXICO CITY–Mexican stocks ended lower on Thursday on mixed economic data locally and in the U.S., while the peso gained ground against the dollar. The IPC index of the 35 leading stocks slipped 0.2% to 40752 points on volume of 231.6 million shares …
Posted in Uncategorized.