Iraqi News Monday Afternoon 4-4-22

Iraqi News Monday Afternoon 4-4-22

TLM724 Administrator BondLady’s Corner

The Federal Court Rejects The Lawsuit Filed Regarding Raising The Dollar Exchange Rate

Political | 12:43 - 04/04/2022  Baghdad - Mawazine News  Today, Monday, the Federal Supreme Court rejected the lawsuit filed regarding raising the price of the dollar.

And the official news agency reported, "The Federal Court held a session today to decide the case against raising the price of the dollar."   She added, "The court decided to dismiss the case." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=189253

Al-Halbousi: The Term Presidency Is Canceled And Will Not Be Used At All

Political | 04:04 - 04/04/2022   Baghdad - Mawazine News  On Monday, the office of the Speaker of Parliament, Muhammad al-Halbousi, issued a circular unconstitutional of the term “presidency,” stressing that it should never be used.

A document appended to Al-Halbousi’s signature, a copy of which was received by Mawazine News, stated, “Based on Article (54) and Article (55) of the Constitution and Federal Court decisions No. (87/Federal/2010) and No. (5, 6/Federal/22) The final, binding and attached hereto and the provisions of Article (1/4 and Fifth) of Parliament Law and its formations No. 13 of 2018, all of which refer to the unconstitutionality of the term (the Presidency of the House of Representatives), as the Federal Court decision (87/Federal/2010) nullified this The name, and the decision indicated that the texts of the internal system should not be outside what was stated in the constitution, so the term (the Presidency) is considered null and is not dealt with at all. https://www.mawazin.net/Details.aspx?jimare=189269

Expert: A Legal Necessity Requires The Government To Send The Budget

Political | 12:21 - 04/04/2022  Special - Mawazine News, the legal expert, Ali Al-Tamimi, confirmed today, Monday, that "the economic necessity requires the government to send the budget law to the House of Representatives."

Al-Tamimi said, in a statement to "Mawazine News", that "any issue related to security is one of the government's priorities, and that economic security is one of the necessities, so it is imperative for the government to go in any direction to help the economic situation, especially with regard to food security and the budget."   He added, "There is no legal harm in sending the budget, and that it is under the name of force majeure law." Ended       https://www.mawazin.net/Details.aspx?jimare=189251

After The "Declaration Of Bankruptcy"... An Expert Talks About The Volume Of Iraqi Deposits In Lebanese Banks

Money  and business   Economy News – Baghdad  Economist Nabil Al-Marsoumi confirmed, on Monday, that there are no accurate figures for Iraqi deposits in Lebanese banks, but indicated that they "may exceed several billion dollars."

Al-Marsoumi wrote on his Facebook page, "The Central Bank of Lebanon is carrying out an inventory of the amount of gold in its possession, after His Excellency the Deputy Prime Minister of the Lebanese Government, His Excellency Al-Shami, announced the bankruptcy of the state and the Central Bank of Lebanon, and said that the losses would be distributed to the state, the Banque du Liban, banks and depositors."

He added, "There are no accurate figures about Iraqi deposits in Lebanese banks, but their amounts are large and may exceed several billion dollars, and they belong to individuals and companies, and some private sources indicate that most of the Iraqi funds deposited in Lebanon are caused by corruption operations that took place in Iraq, as the banks facilitated Lebanese deposit and transfer operations for Iraqis in the past years, and it was a financial center for companies, officials and politicians.

And the Deputy Prime Minister in the Lebanese government, His Excellency Al-Shami, announced, earlier today, Monday, "the bankruptcy of the state and the Central Bank of Lebanon."

Al-Shami said: "There is a fact that cannot be ignored and we cannot live in a state of denial and we cannot open (banking) withdrawals to all people, and I wish that if we were in a normal state."

He explained, "There are absolutely no restrictions on internal bank transfers and withdrawals from bank to bank in the Capital Control Law."

Views 36 Date added 04/04/2022   https://economy-news.net/content.php?id=27425

Parliamentary Finance Hosts The Ministers Of Planning And Labor On The Emergency Support Law For Food Security And Development

Political | 12:04 - 04/04/2022  Baghdad - Mawazine News   Today, Monday, the Parliamentary Finance Committee hosted the Ministers of Planning and Labor regarding the Emergency Support Law for Food Security and Development.

The Media Department of the House of Representatives said, in a brief statement received by Mawazine Nawz, that "the Parliamentary Finance Committee headed by Hassan Al-Kaabi hosted the Ministers of Planning and Labor and the advanced cadre in the two ministries."

She added, "The hosting came to discuss the Emergency Support Law for Food Security and Development." https://www.mawazin.net/Details.aspx?jimare=189249

 

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