The latest news from the frontlines in Iraq

April 2009Monthly Archives

Kurdistan Regional Elections 2009

The original date for the Kurdistan government provincial elections was May 19 and now will have a three month delay and will occur sometime in July 2009.
Only registered political parties will take part in the elections.
Don’t forget the referendum election on the SOFA agreement also is before end of July.

Security and other Information

Recently the Iraqi Accord Front has reported receiving broad support for its candidate for post speaker Iyad al-Samarrai. This month the start of the next new parliament session will discuss and possibly vote on the next parliament speaker.

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The Iraq Banking Conference Summary January 09

In January of this year Baghdad hosted the Iraqi-International Banking Conference which was hosted by the Iraq Finance ministry. There was hardly any media coverage of this event in the western media as it’s not surprising since no one at the meeting were wounded or killed.

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Banking: What’s New

Here we are six years later and they say the security in Iraq has improved that maybe true for now and all we have are terrorist actions or incidents in the country. If the security has improved how about the banking industry for the last six years has it improved just the same as the security.
Listening to a news program broadcasting from Baghdad and the newscaster starts talking about the Iraqi Banking and says, “Despite the 28 private banks in Iraq, it still needs to start the role of its public and private banking sectors to further stimulate the Iraqi economy, particular as Iraqi development processes need greater activation of this role. It is worth noting that the performance of these banks has been ineffective, because their role has been restricted to absorbing liquidity from the citizens.”

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Iraq’s Oil Minister Interview

On 28 March Iraq’s Oil Minister gave an interview about his OPEC meeting and in this interview the Oil Minister Al-Shahristani gives his views on what is currently happening in Iraq about Iraq Oil Production and relations between the Oil contracts, KRG Oil Contracts. The interview is conducted by Amir Ibrahim who is based in Paris.

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