Iraqi News and Highlights Tuesday AM 8-11-20
Iraqi News and Highlights Tuesday AM 8-11-20
TLM724 Administrator BondLady’s Corner
MP Muhammad Shiaa Al-Sudani Is Filing A Civil Lawsuit To Issue A State Order Stopping The Extension Of Mobile Phone Licenses Contracts
11/08/2020 A member of the Government Program Implementation and Strategic Planning Committee, MP Muhammad Shiaa al-Sudani, said on Tuesday 08/11/2020 that it confirms our firm position on refusing to renew contracts for mobile phone licenses in Iraq, as they involve constitutional and legal violations as well as causing damage to public money and depriving the public treasury of large sums.
Due to companies and the lack of real competition that allows other companies to engage in providing this service in a way that guarantees the increase in non-oil revenues and support for the national economy and based on our legal and moral duty and the lack of response by the Media and Communications Authority to all official positions and what an elite group of experts and specialists have declared in terms of rejecting the aforementioned decision and demanding a review in it; Because of our firm belief in the fairness and independence of the Iraqi judiciary, we initiated on Monday, as a representative of the people, to review the Court of First Instance of Al-Karkh to file a civil case against the responsible authorities and managers of the mobile phone companies included in the renewal (Zain, Asia Cell, Korek
At the same time, the Sudanese attorney asked the judge to issue a state order stopping the implementation of the extension until the case is settled, in order to prevent the waste of public money, and we presented all the legal supporting documents.
The judge has approached the Media and Communications Commission to provide the court with all the priorities, and the date for the hearing has been set on (8/18). Honorable representatives.
More appreciation should be given to the valuable advice and arguments provided by experts in the fields of communications and contracting, who had a great impact in organizing this case and bringing it into existence. We hope that this evidence and evidence will form a solid basis for a judicial ruling that will preserve public money and stop damages. Before it happened. Media Department Parliament 8/11/2020 LINK
Al-Kazemi Confirms His Support For The True Demands Of The Demonstrators
Tuesday 11 August 2020 119 Baghdad / morning Prime Minister Mustafa Al-Kazemi affirmed his support for the true demands of the demonstrators, which raised the slogan of change in order to improve the reality of the country and build a better future for Iraq, based on justice, equality and decent living for citizens.
Al-Kazemi stated, during his reception yesterday with a number of wounded demonstrators in Dhi Qar Governorate, that the government is determined to fulfill the demands of peaceful demonstrators, which are among the priorities of its program Government.
A statement by the Prime Minister’s office, received by Al-Sabah, stated that “Al-Kazemi pledged to provide treatment for the wounded demonstrators, and to transfer some of them for treatment outside Iraq if necessary, as well as to consider their inclusion with exclusions of salaries for the social protection network.
Al-Kazemi called on the delegation to convey its greetings to the people of Dhi Qar, the city of history and civilization depth, and stressed that "the reality of Nasiriyah today is not pleased with us at the level of services, and we will make every effort to provide a decent life for the citizens of the city and all Iraqis." LINK
Chairman Of The Authority To Al-Sabah: 537 Billion Dinars, Our Revenues Within Six Months
Tuesday 11 August 2020 104 Baghdad / Hazem Muhammad Habib The head of the Border Ports Authority, Omar Al-Waeli, stressed the need to amend some paragraphs of the Commission’s Law No. 30 of 2016 regarding granting it greater powers in exercising control and auditing over all departments operating at border crossings, indicating that the violating seizures that the commission prevented from entering Iraq during the first half From the current year, it amounted to 1073 violations, including customs violations, smuggling, drug seizure, prescription change and forgery.
Al-Waeli added, in an interview with Al-Sabah, that the move of Prime Minister Mustafa Al-Kazemi to allocate a protection force for each border crossing is important to provide a safe environment for the employees of the departments operating at the port to perform their duties without pressure or fear, indicating that the Council of Ministers had previously issued its numbered decision. 13 of 2019, Paragraph Second / 1, which stipulates that the Kurdistan Region ports must be bound to the Federal Border Ports Authority, and there are steps to proceed with this file according to a study submitted by the Authority to the Prime Minister's Office.
Al-Waeli revealed that the revenues of the border crossings for the first half of 2020 amounted to about 537 billion Iraqi dinars, despite the closure of most of the border ports due to the Corona pandemic, as well as the large number of customs exemptions and zero customs fees for many imported materials. LINK
Al-Kaabi Stresses To Expedite The Completion Of The Stalled Projects
Tuesday 11 August 2020 99 Baghdad / morning First Deputy Speaker of Parliament Hassan Karim Al-Kaabi stressed the need to give the areas around the capital Baghdad full priority in terms of completing all projects that are lagging in them, and focus on investment and the private sector to provide the best services to its residents.
A statement of his office, received by Al-Sabah, stated that “Al-Kaabi received in his office the Governor of Baghdad, Muhammad Jaber Al-Atta, in the presence of Representatives Alaa Al-Rubaie, Sabah Al-Aqili, Alaa Sukkar, Amjad Al-Oqabi, Abbas Aliwi and Burhan Al-Maamouri, and during the meeting the most important problems facing the districts and sub-districts around the capital were discussed. , And including Sabaa Al-Bour, Taji and Al-Nahrawan.
According to the statement, Al-Kaabi said, "Providing services to citizens is one of the core tasks that fall on the responsibility of the administrative body responsible for it, and to accomplish these actions sometimes, especially in critical times, bold, quick and exceptional decisions are required within the framework of the law."
The First Deputy Speaker called, "the governor and all other concerned parties to intensify efforts to serve the districts and sub-districts located in the vicinity of the capital Baghdad, which suffer from a great shortage of services, especially since these areas are considered the lung of Baghdad, and attention to it will positively affect the environmental, health and economic situation of the general population." Baghdad" .
In addition, Al-Kaabi chaired, on Monday, an expanded meeting attended by the Minister of Construction, Housing and Municipalities, Nazin Muhammad Woso, the Governor of Baghdad, Muhammad Al-Atta, and a number of members of the House of Representatives from various parliamentary committees, to discuss the Nahrawan water project.
Al-Kaabi said, according to a statement received by "Al-Sabah": "This project serves more than 600,000 people, and the executing company has started work on it since 2011, and continued work on it until 2015, with a completion rate of 80%, and the stoppage of work on the project caused a humanitarian disaster." The residents of this region suffer from a great shortage of drinking water, and this matter is not legally acceptable Humanly. "
During the meeting, according to the statement, "the Ministry of Construction and Municipalities was granted a period of one week to terminate all legal matters with the company executing the project, and the Baghdad Electricity Directorate secured a power line during the project completion period, and fuel was continuously delivered from the Baghdad Water and Water Resources Department to the April 9 station to ensure Securing water to the Nahrawan area until the completion of the project Fully ". LINK
The Stock Market Trades 16 Billion Shares
Tuesday 11 August 2020 27 Baghdad / Hussain Thahab The report of last July for the Iraq Stock Exchange reported that more than (16) billion shares were traded, representing 56 companies whose shares were traded during 16 sessions through brokerage firms - remote trading - from their headquarters, while the investor hall continued to be closed in compliance with safety and public health decisions to prevent Gatherings due to the Corona pandemic.
Market Executive Director Taha Ahmed Abdel Salam said: “The ISX60 market index for the prices of shares traded in the session on Sunday 1 July closed at (434) points, and in the session on Wednesday, July 29, it closed at (451) points, up by 4 percent, pointing out that“ the value The traded shares exceeded the (Cool billion dinars barrier, and the total number of executed deals reached 5167 shares traded.
Trading indicators
Abdul Salam added, "On Thursdays, no stock trading session was organized due to the existence of a complete ban, and trading indicators and the price bar continued to be broadcasted online, information and company news via the market’s website, the DFN Arab agency, the depository center’s website, as well as the Iraq Stock Exchange page via Facebook Online." .
He pointed out that “the number of shares purchased by foreigners amounted to (2) billion shares executed through (549) a purchase transaction amounting to (1) billion dinars from the trading of shares of 14 listed joint-stock companies, and the number of shares sold from foreigners reached (265) million Shares executed through (168) sale transactions, at a value of (282) million dinars, from the trading of shares of (Cool listed joint stock companies.
Corporate disclosure
He pointed out that «the Securities Commission pursues its activities by following up the disclosure of the joint stock companies and the commitment of the brokerage companies and their control and through participation in the meetings of the public bodies of the joint stock companies. .
He said: “From reviewing the monthly trading bulletin and the achieved price movement, it appears that the discrepancies were associated with the increase in the share prices of companies that disclosed their positive indicators, moved the purchase rating to them and announced the distribution of the dividend to their shareholders, followed by the corrective stock price movement after the dividend distribution. This is called the post-profit taking stage.
Financial data
Abdul Salam continued, saying: “In implementation of the financial and informational disclosure plan and based on the invitation made by the Iraq Stock Exchange for the joint-stock companies, the Iraq Stock Exchange organized during the month of July 2020 (6) workshops for banking and industrial companies in which it hosted the authorized directors and financial managers in the joint-stock companies for clarification. And the disclosure of the financial statements for the fiscal year ending on 31/12/2019 and the financial statements for the first and second quarter of 2020, the statement of the impact of the Corona pandemic on the performance of companies, the performance plans for 2020 and the plans expected in 2021 ».
Investment culture
He emphasized that «the market continues to organize financial and information disclosure workshops during the month of August, on Friday and Saturday of every week in cooperation with the administrations of the listed joint-stock companies, and it is a new and distinct experience in disclosure and in achieving information services for shareholders and taking advantage of the days of complete curfew using information systems And to communicate and achieve the objectives of the financial market in spreading disclosure and the culture of investment in securities ». LINK
Future Generations
Tuesday 11 August 2020 87 Yasser El-Metwally While global projections indicate that the world will lose about two billion jobs in the year 2030 due to the great development in the field of electronic application programs and their adaptation to keep pace with this new trend that draws the features of the new world order, on the other hand, some countries, including Iraq in particular, are completely preoccupied with expanding universities to create legions of Educated graduates without skills that keep pace with global development and the new system.
The question here arises: What is the benefit of graduates without skills and without planning their future in accordance with global expectations, through intensive programs to guide them towards the next development, with insistence on devoting the culture of dependence on government jobs that do not accommodate a tenth of the percentage of graduates and insistence on impeding the private sector By taking its turn by absorbing the majority of them?
Here are the challenges and problems that do not allow any government, regardless of its power, to just think of solutions and not find a solution to unemployment problems, as is one of the other big challenges.
Who bears the fate of the unemployed generation, who bears responsibility for these numbers of graduates without planning for their future?
We really need a comprehensive change in the education curriculum for new young people, assessing the reality of the education and education sectors according to the expectations of future generations, and working to change the course and orientations of the new generation at the very least, otherwise there is no solution on the horizon.
So far, we disagree and intersect on the subject of electronic education and electronic dealing, while the world is heading towards these technologies in every detail of life. Perhaps it goes without saying that who lags behind the global system and the new system will fail, regardless of its wealth, so how is the case with not managing and investing these wealth in the best way? .
It is now required to reconsider the reality of education by preparing plans and developing realistic programs that are in harmony with the image of the new world order for the new future of young people through researching programs to prepare them according to future perceptions, which means concern for the new generation and youth in a manner that ensures its dealing with the new future of learning in the world and arming them with skills It is not just an education.
The government is required now, while preparing a paper on 'financial reform for the reality in which we live now, to take into consideration the future of generations and plan to change their orientations towards electronic development and applications and how to deal with them in order to build a generation that depends on its skills and abilities to face the challenges of development and growth imposed on the world, whether we like it or not.
Thus, we will have invested human capital in an optimal and correct manner, as it is the only means to achieve real construction, growth and development. We are calling out and hoping that someone will listen and respond.
https://alsabaah.iq/28549/%D9%85%D8%B3%D8%AA%D9%82%D8%A8%D9%84-%D8%A7%D9%84%D8%A3%D8%AC%D9%8A%D8%A7%D9%84
Disclosure Of The Minister Of Interior Of His Financial Disclosure For The Year 2020
Pratha News Agency131 2020-08-10 The Federal Integrity Commission revealed, on Monday, that Minister of Interior Othman Al-Khalidi disclosed his financial disclosure for the year 2020.
A statement by the authority stated that “the authority’s prevention department indicated that it had received the current year’s financial disclosure form for the Minister of Interior (Othman Ali Farhood).”
At the end of the previous year, the Commission disclosed the details of the first amendment to its enforceable Law No. 30 of 2011, after the Parliament approved the amendment, in accordance with the provisions of Clause 1 of Article 61 and Clause Three of Article 73 of the Constitution, as Article 16 first specified Those included with disclosure of their financial receivables http://burathanews.com/arabic/news/374400
For The Second Day, The Dollar Is Stabilizing In Iraq
Time: 08/11/2020 10:11:31 Read: 3,770 times {Baghdad: Al Furat News} Today, the foreign currency markets in Iraq recorded a stable exchange rate of the US dollar against the Iraqi dinar.
The prices of selling and buying dollars in exchange companies and offices were as follows:
The selling price of one dollar was 1242.5 dinars, or 124 thousand and 250 dinars per hundred dollars.
The purchase price of the dollar is 1232.5 dinars, or 123 thousand and 250 dinars for one hundred dollars.
International foreign exchange rates, gold and crude oil until the preparation of this news:
Euro The global price: 100 euros = 117.58 British dollars
The world price: 100 pounds = 130.88 dollars of the Turkish lira
The global price: 100 dollars = 7331.20 Turkish liras
The price of an ounce Global gold = $ 2010.76,
The price of a barrel of Brent crude oil = $ 45.26,
The price of a barrel of US crude oil = $ 421.40. LINK
Oil Prices Are Rising, Thanks To Hopes Of A US Stimulus And A Recovery In Demand
Time: 08/11/2020 13:26:35 Read: 1,651 times {International: Al Furat News} Crude oil prices rose today, Tuesday, supported by expectations of US stimulus that will help launch the largest consumer of oil in the world, and a recovery in Asian demand at a time when economies reopen and the stock market is performing stronger.
Brent crude added 29 cents, or 0.6%, to $ 45.28 a barrel. US West Texas Intermediate crude rose 38 cents, or 0.9%, to $ 42.32 a barrel.
US President Donald Trump wrote on Twitter, saying that "the senior Democrats in Congress want to meet with him about an agreement to mitigate the economic effects of the Corona virus," while talks between Democrats and the Trump administration collapsed last week.
Prices also received support from indications of a recovery in demand for oil in Asia. On Sunday, Aramco Chief Executive Amin Al-Nasser said that he "sees demand recovering in Asia with the gradual opening of economies."
China's producer price index declined in July, driven by rising global oil prices at a time when industrial activities rose again towards pre-coronavirus levels, adding to signs of recovery in the world's second largest economy.
It also supported a rise in European stocks, which rose for the third consecutive session today, with gains made by the auto industry shares thanks to sales data in China. LINK
Tax Authority: 177 Billion Dinars In July 2020 Revenue
Money and business Economy News – Baghdad The General Tax Authority announced, on Tuesday, its revenues during the month of July.
The director general of the authority, Shaker Al-Zubaidi, said in a taxation reported by the official news agency, INA, that "its revenues for the month of July amounted to approximately 177 billion dinars, with a growth rate of 15 percent compared to the month of July of last year," indicating that "public taxes achieve a financial surplus to support the treasury." The country despite the repercussions of the Corona virus and its impact on the economies of Iraq and the world.
He added that "public taxes are the ones with the highest rate of revenue at 40 percent of total customs revenues, which contribute to strengthening the public budget after oil revenues," noting that "these revenues will enable the national economy to support investment and national development."
And the General Tax Authority had counted the revenues of the first half of this year, indicating that tax revenues amounted to more than one trillion and 500 billion dinars during the first half of this year, despite the measures of the Corona pandemic and its impact on commercial movement.
Number of observations 41 Date of addendum 08/11/2020 https://economy-news.net/content.php?id=21379
Land Bank: Deferment Of Monthly Installments For The Central Bank's Initiative
Banks Economy News – Baghdad The Real Estate Bank announced, on Tuesday, that the monthly installments of the Central Bank's initiative will be postponed for a period of three months.
The bank said in a statement seen by "Al-Eqtisad News", that it announces "the postponement of the collection of the monthly installments incurred by the beneficiaries of the central bank’s initiative loans only for a period of three months (July, August and September), provided that the delay does not result in any delay interest."
He added, "This comes according to what was stated in the Central Bank's book due to the exceptional circumstances the country is going through due to the Corona pandemic, which caused the stagnation of most economic sectors and the weakness of the financial resource for citizens." Number of observations 35 Date of addendum 08/11/2020
https://economy-news.net/content.php?id=21374
The Central Bureau Of Statistics: The Decrease In The Quantities Of Goods Transported By Trucks In Iraq
Money and business Economy News _ Baghdad The Central Bureau of Statistics announced, on Tuesday, that the quantities of goods transported by truck in Iraq have decreased.
The agency said in a report seen by "Al-Eqtisad News", that "the amount of cargo transported by trucks owned by the Land Transport Company reached 845 thousand tons in 2019, a decrease of 35.3% from 2018, when it was 750 thousand tons."
He added, "The quantity of goods transported by trucks that are not owned by the company amounted to 1252 thousand tons, also a decrease of 5.9% from the year 2018, when it was 1330 thousand tons."
He pointed out that "the number of transfers for the quantities of goods and other materials amounted to 33591, of which 11293 were transported by owned trucks and 22298 by trucks that were not owned by the company."
Number of observations 17 Date of addendum 08/11/2020 https://economy-news.net/content.php?id=21385
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