Dinar Recaps

View Original

Iraqi News Sunday AM 12-5-21

Iraqi News Sunday AM 12-5-21

TLM724 Administrator BondLady’s Corner

American Research Foundation: What Does A Sadrist-Led Government Mean?

Posted On 2021-12-05 By Sotaliraq   Translation/ Hamid Ahmed   The American Heritage Foundation for Studies and Research stated in its report on the current political situation in Iraq after the elections of October 10, 2021 and what this constitutes for the foreign policy of the United States towards the country, that America has two main goals in Iraq: facing the influence of Iran and fighting The extremist organization ISIS. Fortunately, the official results of the Iraqi elections have created an opportunity for the United States to advance in pursuit of these goals.

See this content in the original post

The first winner in these elections was represented by the cleric's movement, Muqtada al-Sadr, a prominent national figure. The Sadrist movement strengthened its balance in these elections by winning 20 additional seats for what it owned in the previous parliament, bringing its balance to 73 seats out of a total of 329 in the new parliament, while the Al-Fateh coalition led by Hadi al-Amiri, which includes representatives of armed factions within the Popular Mobilization, lost 31 seat, bringing his balance down from what he held in the previous parliament to only 17 seats in the new parliament.

The results of the October 10 elections had provoked direct reactions from armed factions that led to tensions, and were accompanied last month by an assassination attempt on Prime Minister Mustafa Al-Kazemi, with a drone attack on his residence in the Green Zone. But the Iraqi Electoral Commission confirmed on Tuesday the election results. This is what made the Sadrist movement considered as the largest undisputed bloc and has the final say in forming the next government.

The Heritage Research Foundation report indicates that Al-Sadr is well known to US decision-makers since his forces were fighting US forces in the early days of the Iraq war and the US invasion. And the fact that, according to the election results, the Sadrist movement has become a weighty egg to form the government, it may resort to renewing a second presidential term for Al-Kazemi, who is accepted by the Americans.

During the difficult security situation that befell Iraq in 2014 during the rule of former Prime Minister Nuri al-Maliki, and ISIS invaded large areas of Iraq and threatened to approach the capital, Baghdad, the Supreme Religious Authority issued a fatwa according to which the Popular Mobilization Forces were formed to confront ISIS, and the Sadrist movement achieved wide popularity through the participation of its military wing, Saraya al-Salam in Confronting the terrorist organization ISIS and helping the Iraqi forces to confront it.

Following the defeat of ISIS in 2017, a decision was taken to integrate the PMF forces into the Iraqi military institution under the supervision of the government, including Saraya al-Salam forces under the direct control of the Prime Minister. While there are still certain factions that refuse to comply with the army's orders and act outside the government's control.

The think tank states that despite Al-Sadr's positions against Iranian interference and his closeness to Al-Kazemi, which are two factors that support America's foreign policy goals toward Iraq, this does not prevent the movement from standing against the American presence. But there are indications that al-Sadr has become more pragmatic. He declared that all foreign embassies are welcome, including the United States, as long as it does not interfere in Iraq's internal affairs and government formation.

Al-Sadr, on the other hand, encouraged better relations with Saudi Arabia and the United Arab Emirates, which have friendly ties with the United States. He also repeated calls to curb armed groups that do not respond to the orders of successive governments and which call for arms to be confined to the hands of the state only.

Al-Sadr had previously made it clear that the presence of armed factions is not a good factor in building a state, and therefore it must be integrated within the framework of the security forces to create a more united and cohesive Iraq.

See this content in the original post

The report concludes that the United States must take a carefully considered approach in its foreign policy toward Iraq, a country beset by economic, social and political challenges and located in one of the world's most complex regions.

Al-Sadr's position opposing the growing Iranian influence in Iraq and the political majority he enjoys in the upcoming parliament make him a crucial partner to bring Al-Kazemi back and give him a chance for a second presidential term. Thus, Al-Kazemi may take steps to restore Iraq to its position as an independent country that will reward Iran as a state to a state, rather than becoming a vassal of it.   link

The Minister Of Planning Confirms Iraq's Readiness For More Cooperation With The Czech Republic In All Fields

Sunday 05 December 2021 17:02 | political Number of readings: 127  Baghdad / NINA / - Minister of Planning Khaled Batal Al-Najm expressed Iraq's readiness for more cooperation with the Czech Republic, in all fields, especially economic, investment and trade.

The ministry said in a statement: "The minister met, today, Sunday, the Czech ambassador to Iraq, Peter Stebank, and his accompanying delegation, and during the meeting, they discussed aspects of joint cooperation between the two friendly countries, at various levels, and support for the efforts of the Iraqi government, in reconstruction and development operations." in Iraq, and to benefit from the Czech experiences in this field.”/ End 7   https://ninanews.com/Website/News/Details?key=943015

The Appearance Of Muhammad Salih To / Nina /: Paying Off The State’s Debts Is A Constant Matter Regardless Of The Sources Of Annual Revenue

Sunday 05 December 2021 12:09 | economic Number of readings: 372   Baghdad / NINA / - The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that: Payment of the state's internal and external debts is done from what is allocated in the budget for this file.

He told the National Iraqi News Agency ( NINA ) that the due debts are paid through annual allocations, with their equivalent in the annual budget.

Salih added that: spending on repaying the outstanding debts is fixed regardless of the sources of annual revenue, of which oil revenue constitutes 93%.

The external debt, according to Saleh, is $20 billion. https://ninanews.com/Website/News/Details?Key=942963

See this content in the original post

More Than 4 Million Barrels Of Iraq's Oil Exports To America During A Month

Energy  Economy News _ Baghdad   On Sunday, the US Energy Information Administration announced that Iraq's oil exports to the United States amounted to 4.192 million barrels last November.

And the administration said in its schedule, which was reviewed by "Economy News", that "Iraq exported 4.192 million barrels of crude oil to America during the month of last November, at an average of 140,000 barrels per day," lower than the month of October, in which Iraqi oil exports to America amounted to 5.760 million barrels, and at an average rate of 140,000 barrels per day. 192,000 barrels per day.

He added that "Iraq exported crude oil to America during the first week of November at a rate of 51 thousand barrels per day, while an average of 42 thousand barrels per day was issued in the second week, and an average of 245 thousand barrels per day was issued in the third week," noting that "the exports of the fourth week It reached 221,000 barrels per day.

The US Energy Information Administration stated that "Iraq ranked eighth after Canada, Mexico, Saudi Arabia, Russia, Colombia, Ecuador, and Brazil, and the second Arab country after Saudi Arabia, whose exports to America during September amounted to 14 million, and 610 thousand barrels per day." She indicated that "Canada ranked first as the most oil-exporting country to America, followed by Mexico."

Views 169 Date added 05/12/2021  https://economy-news.net/content.php?id=26894

A Slight Increase In The Exchange Rates Of The Dollar In The Local Markets

Economie| 11:58 - 05/12/2021   Baghdad - Mawazine News  The dollar exchange rates witnessed, on Sunday, a slight increase in the main stock exchange and local markets in the capital, Baghdad.

The dollar exchange rate on the Central Kifah Stock Exchange in Baghdad rose today, recording 148,000 thousand dinars, for each $100 bill.

And the prices of buying and selling the dollar have stabilized in exchange companies and local markets in Baghdad, where the selling price reached 148,500 dinars, for each denomination of 100 dollars, while the purchase prices amounted to 147,500 dinars, for each paper denominations of 100 dollars. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=177418

 

To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

See this content in the original post