Iraq Elects Nizar Amedi As President

2026-04-11 Shafaq News- Baghdad   Iraq’s Parliament elected Nizar Amedi as president on Saturday, following a second round of voting in which he secured the required majority. 

The vote came after no candidate reached the two-thirds threshold (220 out of 329 lawmakers) in the first round, sending the process to a runoff under constitutional rules requiring half-plus-one, or 165 votes.

Good Morning Dinar Recaps,

Oil Shock Reverberates, Capital Flight Risks Rise, and Central Banks Face Policy Trap

Fresh global developments show energy instability, fragile capital flows, and limited policy options converging at a critical moment 

Iraq Government Formation: The Constitution that cannot enforce its own deadlines

2026-04-09 Shafaq News   Iraq's parliament is 70 days past the constitutional deadline to elect a president, with a new session set for April 11, and whether it produces a result or another postponement, the constitution offers no answer for what happens if it does not.  This is not an anomaly. It is the operating logic of post-2003 Iraqi governance.

Since the fall of Saddam Hussein, Iraq has formed ten governments, none on schedule. The shortest delay —the 2014 government of Haider al-Abadi— took 131 days, compressed by international pressure and the existential emergency of ISIS's advance on Baghdad.

Good Afternoon Dinar Recaps

Geopolitical Risk Surge: Central Banks Shift Focus Away from Inflation

Rising global tensions are overtaking inflation as the primary concern, signaling a shift in monetary priorities and systemic risk

Good Morning Dinar Recaps,

Global Growth Warning: Energy Shock Threatens Monetary Stability

Rising energy disruption and slowing growth are forcing central banks into a narrowing policy path with global consequences

Huge Losses And A Record Increase In Financial Corruption Cases In The European Union

Money and Business   Economy News - Follow-up   The European Public Prosecutor's Office is witnessing the registration of thousands of investigations into financial crimes and corruption in the countries of the European Union, at a time when total losses exceed 67 billion euros annually as a result of these crimes.

Ruptly quoted European Parliament member Phidias Panayiotou as saying that the European Public Prosecutor's Office opened more than 3,600 active investigations last year, with estimated losses exceeding 67 billion euros, an indicator reflecting the widening scope of financial crimes within the European bloc.

Good Afternoon Dinar Recaps

Energy Shock Reversal: Falling Rate Expectations Signal Policy Shift

Cooling oil prices and shifting market expectations are forcing central banks to rethink tightening strategies amid global instability 

Good Morning Dinar Recaps,

Macron Courts Trump with Versailles Invite as G7 Unity Faces Strain

France deploys symbolic diplomacy to secure U.S. engagement amid rising fractures within Western alliances