More Iraqi News Thursday PM 7-28-22

Tlm724 Administrator Bondlady’s Corner

A New Parliamentary Movement To Change The Dollar Exchange Rate

Economic    Last Update 07/28/2022 | 11:29 AM  Information/Baghdad:  The State of Law Coalition’s representative, Duha Al-Qaisar, confirmed, on Thursday, that

there is support from the forces of the coordination framework to reduce the dollar exchange rate.  Al-Qaisar said in a statement to "Information" that

"most of the forces affiliated with the coordination framework are striving, and through the next government, to return the dollar exchange rate to its previous rate."  She added that

"the concerned committees in the House of Representatives presented many studies on the possibility of returning the dollar exchange rate, and this does not entail any other consequences." 

She pointed out that

"there is a real tendency among most of the political forces to reduce the value of the dollar after the rise in prices and the damage of millions of citizens, especially the poor segment."  She pointed out that

"the procedure requires all political forces in the House of Representatives to take measures that contribute to restoring the dollar exchange rate to what it was previously."

The representative of the National Approach Alliance, Hassan al-Asadi, had confirmed in a previous statement, the possibility of reducing the dollar exchange rate in the new budget,

stressing that there is a parliamentary movement to return the dollar exchange rate to what it was previously. finished / 25 h    https://almaalomah.me/2022/07/28/610965/

Protesters Storm The Parliament Building

The demonstrators stormed, this evening, Wednesday, the parliament building, after storming earlier the Green Zone in the center of the capital.

The media said that the demonstrators entered the parliament building after entering the Green Zone in central Baghdad.

Earlier, the Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, called on the demonstrators to abide by their peacefulness, to preserve public and private properties, and to the instructions of the security forces responsible for protecting them according to regulations and laws, and to immediately withdraw from the Green Zone.

Al-Kazemi stressed that the security forces will be committed to protecting state institutions and international missions, and preventing any breach of security and order.

https://www.radionawa.com/all-detail.aspx?jimare=30477

Integrity Returns More Than 350 Million Dinars To The State Treasury

Today, Thursday, the Federal Integrity Commission announced the return of more than 350 million dinars to the state treasury, indicating that these amounts were owed by the "principal of the Iraqi school" in New Delhi previously.

A statement by the Commission's Investigation Department stated, "After taking legal measures, the Commission's efforts in follow-up and investigation led to the return of the implication amount of (354,811,374) dinars from the former director of the (Iraqi School) in New Delhi to the public treasury, in accordance with the provisions of Article (331) of Penal Code, for intentionally committing a violation of his job duties with the intent of causing harm.

And he added, "The accused organized exchange documents and received their amounts for his personal benefit," noting that "the accused organized a payment document for painting the school building, while the contract concluded with the owner of the building included that the owner paints the building every two years, as well as payment documents for wages." The transfer of students and the value of the uniform for them, which investigations proved was met by the students’ parents.”

And he added, "The accused exceeded the limits of his job by opening two schools in the cities of "Allahabad" and "Hyderabad" without obtaining fundamentalist approvals, in addition to disposing of school furniture, and organizing receipts for the purchase of furniture and new "antiques", contrary to reality, and they were not handed over to the administration. The new school, based on the handover report. https://www.radionawa.com/all-detail.aspx?jimare=30481

Abdul Hassan Al-Shammari To / NINA /: There Is No Budget For The Current Year.. And The Food Security Law Is Sufficient For Investment And Operational Spending

Thursday 28 July 2022 16:59 | Economic Number of readings: 117   Baghdad / NINA / - The economic expert, Abdul Hassan Al-Shammari, confirmed that: There is no budget for the current year... and the Food Security Law is sufficient for investment and operational spending.

He told the National Iraqi News Agency ( NINA ) that: It is not possible to approve a budget for the current year in the absence of a president or a council of ministers to raise the budget to Parliament, which is busy choosing the prime minister, and this will lead to its disruption until the end of the year.

Al-Shammari added that the food security law approved by the political parties that won the elections and spent more than 1 out of 12 and with a budget of 25 trillion is sufficient for investment or operational spending.

He added that according to these data, the state's general budget cannot be approved at all, especially when we are in the second half of this year, and it is not possible to form a government within 5 months./End 3 https://ninanews.com/Website/News/Details?Key=990409

US State Department: Monitoring The Current Situation.. This Is What We Offer To Iraq

Thursday 28 July 2022 17:18 | political Number of readings: 82

Baghdad ( NINA ) - The US State Department announced that the United States is monitoring the current situation in the capital, Baghdad.

State Department Spokesman Ned Price said in a press statement that the United States does not have anything that it can offer to Iraq at the moment, other than just monitoring the situation./End 3

https://ninanews.com/Website/News/Details?key=990415

Russia's Oil Pulls The Rug Out From Under The Feet Of Iraq And Saudi Arabia

Economy     breaking    Iraqi oil    Russia's oil    Saudi oil  2022-07-27 22:31

Shafaq News/ It seems that Russian oil is on its way to the Indian and Chinese markets at the expense of Iraq and Saudi Arabia's share in the largest oil consuming region in the world, as refineries in India buy cheap Russian barrels in a large way.

India's voracious appetite for low-priced Russian oil is eroding the dominance of traditional suppliers from the Middle East, Africa and the United States in one of the world's most profitable markets.

The share of the Eurasia region, which includes Russia, in India's total imports of crude oil reached a record level of 18.8 percent during the period from April to June, compared to 3.4 percent in the previous twelve months.

The data showed that oil imports from Russia rose 15.5% in June compared to May, while imports from Iraq and Saudi Arabia fell by 10.5% and 13.5%, respectively, bringing the Middle East's share to 56.5% from 59.3%.

Russia remained the second largest oil supplier to India after Iraq, while Saudi Arabia remained in third place for the second month in a row.

Cheaper Russian oil reduces losses to India's state-run refineries that sell fuel at low prices in the domestic market, while adding to the profits of India's private companies Reliance Industries Limited (RELI.NS) and Nayara Energy, which export most of their refined products.

https://shafaq.com/ar/اقتصـاد/نفط-روسيا-يسحب-البساط-من-تحت-قدام-العراق-والسعودية

Because Of Us Policies, Iraq Seeks To Replace F-16 Planes With French Ones

POLITICIAN    2022/07/28 | 7:38 PM  Information / translation.  A report by the Bulgarian Military website, which specializes in military affairs, revealed on Thursday that

Iraq is interested in purchasing 14 fourth and fifth generation fighter planes from the French company Dassault Rafale as an alternative to the US F-16 aircraft.

The report, which was translated by the "Information" agency, stated that

"the value of the deal amounts to 240 million dollars, and

Iraq offered to pay its value through oil supplies,

while no new information from Baghdad regarding the planes was revealed whether it wanted new or used,

while France seemed open to such deals, Including a mixture of new and old aircraft.  The report added that

"Iraq is mainly armed with F-16 and F-16C Block 52 fighters, which are considered old models, as there are 34 aircraft of this type in the Iraqi Air Force's stores.

However, Iraq does not fly its F-16 fighters at least.

"This was the situation in 2021 as Russian Sukhoi 25 aircraft were grounded due to lack of spare parts and maintenance.”  And he added,

"The American team in charge of maintaining Iraqi F-16 planes at Balad Air Base had withdrawn from the site, claiming that the base had been attacked by ISIS since 2021, and

there is no information about the resumption of work, and

the reason is similar to the Russian Sukhoi-25 plane, as well as the drones that were carried out." Mainly purchased from China.  The report indicated that

“Iraq’s interest in French fighters was not accidental, as Baghdad is trying to separate from the American dependency.

The 14 Rafale fighter jets will be a signal to Washington, which refuses to withdraw its forces from the country, despite the Iraqi parliament's vote to do so at the end of 2020. End / 25 D

https://almaalomah.me/2022/07/28/611063/

Economist: Iraq Has Many Opportunities To Invest In Oil Instead Of Selling It

ECONOMIC    2022/07/28 | 8:00 PM   information/special   On Thursday, economic analyst Younis Al-Kaabi confirmed that Iraq has many opportunities to invest in oil with many major countries, similar to the agreement with France, which provides for obtaining oil in exchange for the export of aircraft to Iraq.  Al-Kaabi said in an interview with Al-Maalouma that

"there are many agreements that did not see the light of day, especially with South Korea, which was to build Iraqi infrastructure in exchange for oil," stressing that

"the Russian war with Ukraine will increase the rise in oil prices because the signs of the global crisis have begun." Her features appear.  He added,

"The Chinese agreement, whose contract with Iraq was not completed, would have served the country a lot by pledging to build thousands of schools and residential complexes, as well as state institutions, according to the development and modernity that has not entered Iraq so far."  He continued,

"If Iraq takes such strategies and concludes agreements, the rise or fall of global oil prices in the future will not directly affect the work of Iraq's future projects."

Global oil prices rose in all countries, as a result of the global war between Russia and Ukraine and Russia's decision to stop the export of oil and gas to Europe and America. finished 25/j

https://almaalomah.me/2022/07/28/611069/

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