More News, Rumors and Opinions Wednesday Night 3-17-2021

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Mar 17

TNT:

Tishwash: A representative source reveals the agenda for tomorrow's session

A representative source told the "Tigris" today, Wednesday, that the parliament session to be held tomorrow, Thursday, will be devoted to voting on the budget and the Federal Court law. link

KTFA:

Samson: Parliamentary proposal to vote on the Federal Court and the budget with "one basket"

17th March, 2021
A parliamentary source said, on Wednesday, that there is a political proposal to vote on the Federal Court laws and the budget in one basket.

The source said to Shafaq News Agency, that "there is a proposal among some political blocs that the vote on the Federal Court and the budget be in one basket, provided that the political blocs offer their concessions in exchange for voting on the two laws at tomorrow's session, Thursday."

The source pointed out that "the Shiite blocs have no objection to voting on the region's share of the budget, as stated in the government text that the Kurdish blocs give up on the unanimous voting clause in the Federal Court Law."

The Federal Supreme Court is the highest court in Iraq, which has jurisdiction over constitutional disputes. It was established by Law No. (30) of 2005 in accordance with Article (93) of the Constitution. Its decisions are binding on all authorities, and it is completely independent from the regular judiciary and there is no connection between them. It is based in Baghdad and consists of a president and eight members.

Parliament had voted to amend a number of provisions of the Federal Court Law in effect on Monday, after it was unable to overcome differences over three articles in the new draft law for the Federal Court.

This amendment contravenes the Iraqi constitution, which stipulates in Article 92 / Second: “The Federal Supreme Court consists of a number of judges, experts in Islamic jurisprudence, and legal scholars, whose number is determined, the method of their selection and the work of the court shall be regulated by a law enacted by a two-thirds majority of the members of the House of Representatives."

Discussions are still going on in the corridors of Parliament to agree on the remaining articles to pass the new bill, in order to remedy the constitutional breach. LINK

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Courtesy of Dinar Guru

Frank26 You're going to have the new small category notes that will be given to the citizens and they will coexists with a specific amount of 3 zero notes...as they get phased out inside of Iraq, they get phased out outside as well...5 or 6 years ago the 50 note was cancelled by the Central Bank of Iraq - they gave everybody 90 days. So you had 90 days to turn in those 50 notes...

Jeff What's the #1 thing that they're hiding from you....? It's the budget...why is the budget so important? What does it mean? What does it signify? The reason I put a linchpin on it is because the budget itself is the linchpin to the rate change. That's why they're playing the games in the media...when they finish the budget on Saturday the 20th IMO they're probably going to change the rate about 24 hours later.

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(3/17) Vote on budget bill will be postponed until after Newroz holiday

Dinar Investor: Mar 17, 2021

https://www.youtube.com/watch?v=X0SmvFfrGBg