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Iraqi News Wednesday AM 8-10-22

Iraqi News Wednesday AM 8-10-22

Tlm724 Administrator Bondlady’s Corner

Sarwa Abdul Wahed Announces Boycott Of The Meeting Of Kurdish Parties Under The Supervision Of The United Nations

Wed, Aug 10 2022 12:31 PM   Baghdad / National News Center   The head of the New Generation Parliamentary Bloc, Sarwa Abdul Wahed, announced today, Wednesday, a boycott of the meeting of Kurdish parties under the supervision of the United Nations over the elections in the Kurdistan region.    https://nnciraq.com/146342/

He Vowed To Continue The Sit-In.. Al-Sadr Pressures The Judiciary To Dissolve Parliament

Political | 04:34 - 10/08/2022   Najaf - Mawazine News  The leader of the Sadrist movement, Muqtada al-Sadr, demanded, on Wednesday, the Supreme Judicial Council to dissolve the House of Representatives before the end of next week.

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Al-Sadr said in a tweet via Twitter seen by / Mawazine News /, "Someone might say: The dissolution of Parliament needs to hold a parliament session to dissolve itself. No, there are blocs that adhere to quotas and persistence in corruption and will not succumb to the people's demand to dissolve Parliament, but I say: The solution Parliament is not limited to that."

He added, "From here, I address my words to the competent judicial authorities, especially the President of the Supreme Judicial Council, hoping that they correct the course, especially after the end of the brief constitutional deadlines and others for Parliament by choosing the President of the Republic and assigning a Prime Minister to form a government of stakes, as well as the national or independent majority and away from the old, grim faces that despair Including the people, and if they are not corrupt, they are either deficient or deficient.

Yes, I direct my words to the Iraqi judiciary, from which we still hope for good despite the political and security pressures it is subjected to and leaks from here and there, provided that it dissolve Parliament after those constitutional violations above.. ...within a period not exceeding the end of next week, and graciously assigning the President of the Republic to set a date for early elections, subject to several conditions that we will announce later.

Al-Sadr continued, "During this, the revolutionaries will continue their sit-ins and their revolution, may God reward them with the best reward... and they will have another position if the people fail again, and we ask all the revolutionaries, the resigned Sadrist bloc, other deputies, and all lovers of the homeland to submit official lawsuits to the Federal Court, through legal methods and through centralization.

" The committee supervising the sit-ins will present them to the competent judicial authorities. It is clear that the elimination of the stake is at stake, and we hope that it will take into account the interest of the people and not be afraid of pressures. I am sure that many judges are with the people and with reform.” Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=202037

The Supreme Judicial Council: We Have No Authority To Dissolve Parliament

Political | 05:27 - 10/08/2022   Baghdad - Mawazine News  On Wednesday, the Supreme Judicial Council issued a clarification regarding its powers to dissolve the House of Representatives.

And the judiciary stated in a clarification issued on March 22, 2022, a copy of which was received by Mawazine News, that “Iraq is a constitutional and political system country, and the mechanisms for forming authorities in it are based on the principles and provisions defined by the Constitution of the Republic of Iraq for the year 2005, which stems from the will of the Iraqi people who chose their system.

Political problems are dealt with in accordance with the constitutional provisions only, and no party, whether judicial or otherwise, may impose a solution to the state of political obstruction except in accordance with the provisions of the Constitution.

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The Council is dissolved by an absolute majority of its members with two options, the first at the request of one-third of its members, and the second at the request of the Prime Minister and with the approval of the President of the Republic.

He added: "From this text, it is clear that no other party, including the judiciary, in both its ordinary and constitutional parts, has the power to dissolve the House of Representatives because there is no constitutional or legal basis for this procedure."

Earlier today, Wednesday, the leader of the Sadrist movement, Muqtada al-Sadr, called on the Supreme Judicial Council to dissolve the House of Representatives before the end of next week.

Al-Sadr said in a tweet via Twitter seen by / Mawazine News /, "Someone might say: The dissolution of Parliament needs to hold a parliament session to dissolve itself. No, there are blocs that adhere to quotas and continue to corruption and will not succumb to the people's demand to dissolve Parliament, but I say: The solution Parliament is not limited to that."

He added, "From here, I address my words to the competent judicial authorities, especially the President of the Supreme Judicial Council, hoping that they correct the course, especially after the end of the brief constitutional deadlines and others for Parliament by choosing the President of the Republic and assigning a Prime Minister to form a government of stakes, as well as the national or independent majority and away from the old, grim faces that despair Including the people, and if they are not corrupt, they are either deficient or deficient.

Yes, I direct my words to the Iraqi judiciary, from which we still hope for good despite the political and security pressures it is subjected to and leaks from here and there, provided that it dissolve Parliament after those constitutional violations above.. ...within a period not exceeding the end of next week, and graciously assigning the President of the Republic to set a date for early elections, subject to several conditions that we will announce later.

Al-Sadr continued, "During this, the revolutionaries will continue their sit-ins and their revolution, may God reward them with the best reward... and they will have another position if the people fail again, and we ask all the revolutionaries, the resigned Sadrist bloc, other deputies, and all lovers of the homeland to submit official lawsuits to the Federal Court, through legal methods and through centralization.

" The committee supervising the sit-ins will present them to the competent judicial authorities. It is clear that the elimination of the stake is at stake, and we hope that it will take into account the interest of the people and not be afraid of pressures. I am sure that many judges are with the people and with reform.” Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=202040

With A Difference Of 100 Dinars.. Dollar Exchange Rates On The Iraqi Stock Exchange

Economie| 09:44 - 10/08/2022   Baghdad - Mawazine News, the dollar exchange rates stabilized today, Tuesday, on the Iraqi Stock Exchange.  Selling price: 148,600 dinars per $100,  buying price: 148,500 dinars per $100 https://www.mawazin.net/Details.aspx?jimare=201992

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The Rise In US Crude Stocks Brings Down Global Oil Prices

Economie| 08:56 - 10/08/2022  Follow-up - Mawazine News: Oil prices fell, Wednesday, after industrial data showed that US crude stocks rose unexpectedly last week, although concerns about supplies kept losses in check.  Brent crude futures were down 21 cents, or 0.2 percent, at $96.10 a barrel at 04:23 GMT.

US West Texas Intermediate crude futures were down 28 cents, or 0.3%, at $90.22 a barrel. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=201986

Oil Falls Below $95

Energy   Economy News – Baghdad Oil prices continued to decline, today, Wednesday, to record the price of a barrel below 95 dollars.  In the latest update, Brent crude futures recorded $94.47 a barrel, while its price of US crude was $88.77.    Added 08/10/2022 - 5:19 PM   Update 08/10 2022 - 5:46 PM

https://economy-news.net/content.php?id=29262

Trial Scales  

August 10, 2022   The Central Bank of Iraq demands exchange companies, categories (A) and (B) with trial balances...To view, click here https://cbi.iq/static/uploads/up/file-166011944738749.pdf

https://cbi.iq/news/view/2057

The Iraqi Insurance Company Announces The Provision Of New Insurance Coverage

Money and business  Economy News-Baghdad   The Iraqi Insurance Company announced, on Wednesday, the start of expanding insurance coverage in response to the market need and to expand the services provided by it to serve the Iraqi economic sector .

The company's general manager, Wissam Mohammed Al-Khorsan, said in a statement that "the company offers distinct documents that cover the risks of (ship hull insurance), (aviation responsibilities insurance), (aircraft insurance) (commercial general liability insurance for companies) and other documents that provide full protection for lives and public and private property. Which is considered one of the means of attracting investment capital .

He added that this "comes within a comprehensive strategic roadmap aimed at developing the company's work, which is one of the ways to advance the company and restore its global role in the map of international companies specialized in insurance work, which will reflect positively on the public interest, maximizing revenues and advancing the economic wheel . "

Views 103   Added 08/10/2022 - 1:13 PM  Update 08/10 2022 - 5:48 PM

https://economy-news.net/content.php?id=29256

 

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

https://www.bondladyscorner.com/

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