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Now for Iraqi Dinar News.
CBI suspends all transactions at Warka Bank; Issues an order to cease all dealings
Posted: September 20, 2010
Iraq, Dinar, IQD, CBI, warka, Government, Central bank, Business, Central Bank of Iraq, Financial services, Basra, Banking Services
Basra, September 19 (Akaniwz) – complained about a number of local residents and Iraqi traders in the province of Basra from the way it treats the Warka Bank Ahli Recently, with official source in a branch of Bank Central Bank of Iraq issued an order to cease all dealings branches Warka until decide that the committee overseeing the Warka Bank this topic.
Said Mohammad Rahim Ragab (dealer) told Kurdistan News (Akaniwz) on Sunday, “I deal with Warka Bank for more than a year, where did they deal with customers on a good level, but recently turned all parallel.”
He explained that “the large sums that are deposited in the Warka Bank became trapped and I can not withdraw their payments do I need in my work, which requires me to permanent financial liquidity.”
Read more: http://bit.ly/8Zp6Z1
Warka suspended? Oh MAN that is huge news! We’ll tackle it tomorrow on the conference call.
More on that:
Warkaa bank says it has not collapsed
Monday, September 20th 2010 1:36 PM
Sulaimaniya, Sept. 20 (AKnews) – The general director of Iraq’s Warkaa Bank said on Sunday that his bank has not collapsed but has faced problems due to a recent decision of the Iraqi government to that led to over $1.6 billion to be withdrawn from the bank.
Read more: http://bit.ly/95Njic
The three presidencies distributed among the main forces, source
Friday, September 17th 2010 7:33 PM
Karbala, Sept. 17 (AKnews) – The Iraqi political scene is witnessing a new consensus about the distribution of the sovereign posts in the country. The Kurds will get the presidency of the parliament, al-Iraqiya will have the Republic presidency and the National Coalition, represented by the Iraqi National Alliance (INA) will get the prime minister’s post, said on Friday a leader in al-Iraqiya list led by former Prime Minister Ayad Allawi.
Read more: http://bit.ly/9NQVsi
Sharing the power…. a three way split?! We’ll tackle THIS tomorrow as well!
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Talk to you tomorrow!
Warm RV Regards,
– Adam Montana