KTFA:

Samson:  Brent crude drops below $90 a barrel for the first time since the Ukraine war

09/07/2022 16:34:27

 International Brent crude oil fell below $ 90 a barrel for the first time since Russia's war on Ukraine.

And oil prices fell today, Wednesday, to their lowest levels since last January, after the restrictions of Covid-19 in China and expectations of further interest rate hikes renewed fears of a global economic recession and reduced fuel demand growth. LINK

Samson:  Iranian Central: Offering the Iraqi dinar to local banks

7th September, 2022

The Governor of the Central Bank of Iran announced the introduction of the Iraqi dinar currency in local banks.

The governor, "Ali Saleh Abadi," said in a statement on the sidelines of the cabinet session today, Wednesday, that a quantity of the Iraqi dinar entered the country yesterday and will be distributed starting tomorrow (Thursday).

He pointed out that those wishing to perform the fortieth visit of Imam Hussein (peace be upon him) should go to the local banks to provide the dinar currency besides reviewing the exchange offices.

And he indicated that 25 local banks have been identified to offer the dinar currency, in order to avoid crowding the exchange offices in the market.  LINK

************

Samson:  The Federal Court rejects the lawsuit to dissolve Parliament..and this is the text of its decision

09/07/2022 15:12:03

The Federal Supreme Court decided to reject the case for dissolving the House of Representatives.

In light of its decision, the Federal Supreme Court held  the following:

1. The members of the House of Representatives, after being elected, do not represent themselves or their political blocs, but rather the people. Therefore, it was necessary for them to work to achieve what they were elected for, which is the people’s interest, not to be a reason to obstruct their interests and threaten their safety and the safety of the people completely

2. The stability of the political process in Iraq requires everyone to abide by the provisions of the constitution and not to exceed it, and no authority may continue to exceed the constitutional periods indefinitely, because this is in violation of the constitution and the demolition of the entire political process and a threat to the security of the country and citizens

3. The penalty imposed on the House of Representatives for not carrying out its constitutional duties is to dissolve the House when there are justifications for it

4. The Constitution of the Republic of Iraq for the year 2005 has drawn up the constitutional mechanism for dissolving the House of Representatives in accordance with the provisions of Article (64/First) thereof

5. The jurisdiction of the Federal Supreme Court is limited by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law and does not include the dissolution of Parliament

6. The Constitution of the Republic of Iraq for the year 2005 did not overlook the regulation of the provisions of the dissolution of Parliament, and therefore there is no room for applying the theory of constitutional omission  LINK

~~~~~~~~~~~

Ryan1216:  Now how will we get Parliament dissolved and move forward??

DoTalktome:  Frank has taught us parliament has been dissolved a long time ago. Pay no attention to articles saying otherwise.

Popeye7:  Imo, thanks Samson for the news today, and everyday that you never fail to keep us informed about Iraq...

There is certainly something afoot, and with the ruling of Iraq's Judicial council, this to me is good news in that all avenues have been exhausted for the public to see... In fact it would not surprise me if this delayed ruling was a diversion of sorts...

There is a day for this to occur that very few know... We are drawing closer to it... Lots of what is going on is filler so to speak till that day is reached...

The fact remains, and as Frank, and the teams have pointed out, Iraq's parliament is nothing more than a lame duck, having no power at all... They neglected their constitutional duties as the articles pointed out... As we have all been reading, PM Kazemi has been exercising the authority granted him because of parliament lame duck status, and the very reason why he has been meeting with leaders of other nations on an ongoing basis for the past few months or so...

Remember the article earlier this week inviting him to the UN meeting that begins on the 13th of Sept?... It is the 77th session as MM posted a link for that 2 week meeting to transpire... Let's see how the rest of the week plays out... But remember that everything is in order for this to go folks... Just a matter of when, and not if...

No rates, or dates, and do not allow for the distractions within some of the articles to lessen the enthusiasm.. There is always going to be drama propagated via the press... All the while everything is in order for this to occur... Again Imo, and in God's prophetic time frame... Have a great day, and God bless... Thanks again for all here.. 

************

Samson:  Legal expert: The Federal Court ruled that Parliament should be dissolved, but it did not fulfill it

07/09/2022 15:54:49

 A legal expert explained the decision of the Federal Supreme Court regarding the response to the case for dissolving the House of Representatives.

Ali Al-Tamimi said in a statement that {Euphrates News} received a copy of it: “In the Federal Court’s decision, condemning the Iraqi parliament for violating the constitutional terms, which leads to the demolition of the entire political process and threatens its safety and the integrity of the country as a whole.

 Its dissolution is based on Article 93 and Article 4 of the Constitution, that it is not within its competence to dissolve Parliament, but rather the matter is left to the political blocs and the executive authority.”

The Federal Supreme Court rejected, at its session today, the lawsuit submitted by the Sadrist movement regarding the dissolution of the House of Representatives. The court considered that its competencies are “determined by Article (93) of the Constitution and Article (4) of the Federal Supreme Court Law, and it does not include the dissolution of Parliament, but the penalty imposed on the House of Representatives for failing to fulfill its constitutional duties is to dissolve the Council when there are justifications.”

The court reminded the members of the House of Representatives that they "do not represent themselves or their political blocs, but rather the people, and therefore it was necessary for them to work to achieve what they were elected for, which is the people's interest, not to be a reason to obstruct their interests and threaten their safety and the safety of the people completely."

And she stressed that "the stability of the political process in Iraq requires everyone to abide by the provisions of the constitution and not to exceed it, and no authority may continue to exceed the constitutional periods indefinitely, because this is a violation of the constitution and the demolition of the political process completely and a threat to the security of the country and citizens." She noted that "the Constitution of the Republic of Iraq for the year 2005 has drawn up the constitutional mechanism for dissolving the House of Representatives in accordance with the provisions of Article (64/First) of it."

LINK

Samson:  Integrity seizes 14 fraudulent loan transactions in a government bank

7th September, 2022

Today, Wednesday, the Investigation Department of the Federal Integrity Commission revealed the seizure of loans granted in a government bank in Baghdad, according to forged transactions.

The Investigations Department of the Integrity Commission reported, through a statement, that "Al-Naeem News" received a copy of it. The work team of the Baghdad Investigation Directorate, which moved to one of the branches of Al-Rasheed Bank in Baghdad, was able, after carrying out follow-up, investigation and audit work, to seize the origin of (14) false loan file, pointing out that “there was complicity by a group of bank employees in granting loans.” 

She added that "the loan amounts range between (15-20) million dinars for each loan, within the loans granted to small projects," noting at the same time "the control of the account statement for the movement of customers for these loans."

She explained that "through the audits carried out by the team, it was found that all the documents submitted to obtain the loans were forged," noting that "a fundamental seizure report was organized with the seized criminal evidence, and presented to the judge of the Rusafa Investigation Court, which is specialized in integrity issues; to take appropriate legal action.”   LINK