Dinar Recaps

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Frank26 Video Replay and Iraqi News Tuesday 10-20-2020

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Samson:  A representative source confirms the resumption of parliamentary sessions tomorrow, Wednesday

20th October, 2020

Today, Tuesday, a parliamentary source revealed that Parliament sessions will likely resume tomorrow, Wednesday.

The source explained during his speech to Tigris, that the borrowing bill that the government previously submitted to Parliament, as well as the election law, will be at the forefront of Parliament's agenda during the upcoming sessions.

He stressed that resolving and completing the two laws is a priority in the current period. Meanwhile, another parliamentary source revealed that there is a tendency within the House of Representatives to amend some of what was mentioned in the second borrowing bill before it is passed, explaining that the amendments may include the ceiling of internal borrowing and reducing unnecessary expenditures, in an effort to reduce the damages resulting from resorting to borrowing to fill the deficit and secure Payroll bill.

With regard to the differences over the electoral districts, a source confirmed that the blocs had not reached a consensus formula yet, ruling out the election law being resolved during the next few sessions.  LINK

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Monday Night CC Replay   

WALKINGSTICK, DELTA, MM & PETRA!!

https://fccdl.in/9ZOSz81XrS

https://youtu.be/KIw1hWeJ888?t=1

Samson:  Parliamentary Finance: An investigation was opened regarding the payment of September salaries, and doubts about printing other currencies

18:37 - 19/10/2020

The Parliamentary Finance Committee announced, on Monday, that an investigation has been opened to ensure that the government has secured the salaries of September, despite the Parliament's lack of approval for the loan presented, indicating that its insurance is subject to doubts between withdrawing from the central reserve and printing other currencies.

A member of the Finance Committee, Mahasin Hamdoun, told Al-Maalouma that "the government has submitted a second request to Parliament to borrow to secure salaries for the coming months."

And she added that "in the event that the request for borrowing is not approved, the government may announce that salaries will not be disbursed and that the House of Representatives hold the reason for not disbursing salaries," noting that "the government is evading and creating crises and throwing them into the House of Representatives."

Hamdoun explained that "the committee intends to open an investigation that the government will spend the salaries of employees despite the Parliament's failure to approve borrowing," noting that the matter indicates the existence of money and the existence of the financial crisis.

She pointed out that "indicators show that" securing them was done either by borrowing from the Central Bank of Iraq or by printing additional currencies."   LINK

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Samson:  Al-Kazemi concludes his visit to Paris and heads to Berlin

19th October, 2020

On Monday, Iraqi Prime Minister Mustafa Al-Kazemi concluded a 24-hour official visit to France and went to Germany on his second leg of his European tour.

Iraqi government spokesman Ahmed Mulla Talal said in a tweet on Twitter, that "during a fruitful 24 hours in Paris, Prime Minister Mustafa Al-Kazemi met with French President Emmanuel Macron, and he held meetings with the accompanying ministerial delegation with the French government," After that he held a distinguished meeting with major French companies, and now on the way to Berlin."

Al-Kazemi left on Sunday evening for Paris at the start of the first European tour by the Prime Minister of Iraq since taking office last May.  LINK

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Samson:  Ministry Of Trade: The Establishment Of An Economic Forum In Baghdad

19th October, 2020

The Minister of Trade, Dr. Alaa Ahmed Al-Jubouri, discussed with the President of the Federation of Chambers of Commerce, Abdul Razzaq Al-Zuhairi and the President of the Baghdad Chamber of Commerce, Firas Al-Hamdani, ways to provide government support and its orientation to the market economy, put forward proposals, observations, and areas of cooperation with the ministry and hold specialized exhibitions on the grounds of the Baghdad Fair.

The minister stressed that "the establishment of an economic forum in Baghdad has international, Arab and local economic dimensions, and will have the support and presence of the prime minister, ministries, sectors and bodies."

He pointed to "the government's vision, direction and interaction to support the private sector and the market economy, which enhances the national product, by organizing work and opening wide areas for dealing." He said, "His ministry is responsible for the internal and external economic policy of the country, and that the private sector is within this policy and its support receives the attention of the ministry and the government in general."

Al-Jubouri pointed out the need to “work to develop the national product in industry and agriculture and restore the citizen’s conviction in it, as well as restore the status of the national industry in the external environment and define the identity of the Iraqi merchant. For his part, the President of the Federation of Chambers of Commerce, Abdul Razzaq Al-Zuhairi, made a number of proposals, and between the chambers’ role in establishing economic forums And conferences to support the private and public sectors.

He expressed his desire to cooperate with the Department of the Registrar of Companies regarding updating the data of the registered companies annually to get rid of unknown and inactive names, as well as the trade name and what is related to the laws in force, and to cooperate in allocating a permanent hall in the Baghdad Fair to hold specialized exhibitions.

In turn, the head of the Baghdad Chamber of Commerce, Firas Al-Hamdani, said, “There are several proposals in the working paper presented to the Minister of Trade, including the addition of the Baghdad Chamber of Commerce in the membership of the Export Support Fund and the General Company for Exhibitions and Commercial Services, and the establishment of the Iraqi Export and Import Bank, so that the merchant can facilitate the issue of opening documentary credits.

 And adding the Baghdad Chamber of Commerce to the membership of joint committees with Arab and foreign countries, giving exports and exports priority in facilitating procedures, adopting the principle of re-exportation, and canceling the ban on exporting some Iraqi products.  LINK

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Samson:  Smuggling of 37 Asian workers from Kurdistan and selling them in Baghdad

08:59 - 20/10/2020

The "destiny" organization for combating human trafficking revealed, on Tuesday, that 37 Asian workers had been smuggled "in a disgraceful manner" from the Kurdistan region to Baghdad.

Al-Sabah newspaper quoted the organization as saying, "The workers were smuggled by cargo trucks during the last six months of this year." The organization added, "All workers and workers present in all regions of Iraq entered through the Kurdistan region with a (tourist visa) in cooperation with companies based in the United Arab Emirates, and then they were distributed and sold to employment offices in the capital, Baghdad first, except for a few hundreds who were spotted from Before the organization, they entered Baghdad airport using (visit visa) or (emergency).

The organization appealed to the Minister of Interior, Lieutenant General Othman Al-Ghanimi, “to exercise his legal powers in his capacity as Chairman of the Central Committee to Combat Human Trafficking in accordance with the Anti-Human Trafficking Law No. 28 of 2012 in activating sub-committees headed by governors according to Article 4 / First of the Anti-Human Trafficking Law, in Baghdad and other governorates.

Associated with a region, developing practical plans to immunize society from the methods of traffickers to inflict victims, and coordinating with the Kurdistan Regional Government to prevent their offices and companies from smuggling foreign workers and workers who violate the terms of residency and work to Baghdad and the central and southern governorates, and the initiation of a national campaign to identify the dangers of human trafficking after the increase in the sale of persons And the sale of human organs in Iraq”.   LINK

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Samson:  Israel announces opening the airspace and canceling visas with the Emirates

20th October, 2020

On Tuesday, Israeli Prime Minister Benjamin Netanyahu expressed his welcome to the historic visit of the first Emirati government delegation to Israel, referring to the broad prospects for cooperation after the two countries concluded a peace treaty last September.

In a speech he delivered with the arrival of the Emirati delegation, Netanyahu said that agreements will be signed with the UAE during the visit, indicating that they will make the best for the people.

The Israeli Prime Minister affirmed that there would be cooperation with the UAE in a number of areas: “We will cooperate in investment in order to create an economic environment that benefits all citizens and business leaders, who are many in the UAE and Israel.” He added that the UAE and Israel would cooperate in technology and industry in order to serve health and the environment: "All these things are wanted and deserved by the people of our two countries." He pointed out that the cooperation will include the aviation field and exemption from visas, pointing out that: "Skies will be opened between the UAE and Israel, and visas will be canceled between the two countries."

On Tuesday, the first government delegation from the UAE arrived in Israel to discuss cooperation in the fields of investment, trade and technology. According to "Sky News Arabia", agreements for Emirati-Israeli cooperation will be signed during the delegation's historic visit. The Emirati delegation includes Minister of State for Financial Affairs Hamid Al Tayer, Minister of Economy Obaid bin Touq, and Assistant Minister of Foreign Affairs and International Cooperation for Cultural Affairs Omar Ghobash.

On this visit, which is the first for an Emirati delegation to Israel after the signing of the peace treaty concluded last month between the two countries, the two sides will sign four agreements in various economic sectors.

Meanwhile, the US Secretary of the Treasury, Stephen Mnuchin, had confirmed that the peace treaty between the UAE and Israel would lay great foundations for the economic growth of all countries in the region during the next stage.  LINK

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