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Iraqi News Tuesday AM 12-7-21

 Iraqi News Tuesday AM 12-7-21

TLM724 Administrator BondLady’s Corner

Report: Iraq Ranks 117th In The List Of The Richest Countries In The World

Posted On 2021-12-07 By Sotaliraq   Iraq ranked 117th globally, and 11th in the Arab world, among the richest countries in the world for the current year 2021, according to the American Global Finance magazine.

And the magazine stated in a report seen by (Al Mada), that "the State of Qatar ranked first as the richest Arab country, while it ranked fourth in the world, as the Qatari per capita GDP amounted to 100.037 thousand dollars annually, followed by the UAE second in the Arab world and 6th globally with a share of 74,245 A thousand dollars annually, and Bahrain is the third Arab country.

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The report added, “Bahrain ranked 23rd globally with 53,128 thousand dollars, Saudi Arabia fourth in the Arab world and 27th globally, with a per capita GDP of 48,908 thousand dollars, then Kuwait fifth in the Arab world and 35th globally with a share of 44,609 thousand dollars, and Oman sixth in the Arab world and ranked 52 globally, with a share of 32,327 thousand dollars, and Libya ranked seventh in the Arab world and 100th globally, with a share of 13,489 thousand dollars.

And she added, "Egypt ranked eighth in the Arab world and 101 globally with a share of 13,422, then Algeria came ninth in the Arab world and 111th globally with a share of 11,829 thousand dollars, then Jordan came tenth in the Arab world and 114th globally with a share of 10,821 and Iraq came in 11th in the Arab world and 117415 globally with a share of 10,821."

Globally, Luxembourg came as the richest country in the world in 2021, with a per capita GDP of $126,782 thousand, Ireland came in second place with a share of 111,360 thousand, and Singapore came third with a share of 107,677 thousand dollars, while Burundi followed the list with 779 dollars, preceded by Somalia At $953.   LINK

Financial Times: Five Years After Its Liberation, Anbar Is Witnessing A Vigorous Reconstruction Movement

Posted On 2021-12-07 By Sotaliraq   Translation/ Hamid Ahmed  Five years after defeating ISIS, the signs of a growing economic activity in the city of Ramadi are clearly visible, and on a street along the river lit by lampposts, new roads and shopping centers are being built there.

After it was known as a haven for armed groups that witnessed battles since the American invasion of Iraq and was considered a stronghold of Al-Qaeda and then ISIS, a temporary calm has returned to Anbar, the largest province in Iraq.

As a result, the buzz of reconstruction projects pervas the governorate's central cities of Ramadi and Fallujah, where bustling markets and places for family fun are, including the Fallujah Land game park.

Bakr Mahmoud, 33, owner of a mobile phone store, said while sticking a screen cover on a customer’s phone inside the shop, “After the security situation improved, the commercial movement started to become more and more active. The best thing was that we forgot about sectarianism.”

Adjacent to the porous Syrian border, and sharing borders with Jordan and Saudi Arabia, Anbar, several miles from Baghdad, was for a long time a dangerous area.

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Al-Anbar, the largest province in Iraq in terms of area, and inhabited by tribal tribes with a majority Sunni population, was in the past the scene of the fiercest battles in Iraq. The sons of the tribal awakening in 2006 and the right to defeat them. But in 2014, Anbar fell to the terrorist organization ISIS. According to the Iraq Body Count, the British observatory, which is concerned with documenting human war losses, during the period between 2003 and 2017, nearly 20,400 people were killed in Anbar, out of a total of 200,000 deaths throughout the country.

Five years after the Iraqi forces expelled ISIS militants from the cities, the military commander, Nasser Ghanem, says that ISIS militants are in their weakest stage now. "I proudly tell you that over the past two years, there has not been any major terrorist attack in Anbar," Ghanem said from inside a military base in Iraq's western desert. ISIS is at its weakest stage now, and the number of ISIS remnants does not exceed 75 militants in all of the Anbar desert.”

Finally, the improvement in the security situation allowed the people of Anbar to rebuild their lives and homes. The Iraqi government and international agencies have allocated a lot of money to build better roads and build new bridges. More than 1.5 million people displaced by the fighting have returned to their areas. The Anbar Investments Authority has issued hundreds of investment licenses.

"Life is better now than it was before ISIS," said a resident of Karma who works in the field of mechanics. There is no comparison in my opinion, the security situation and working conditions are better now than they were before.”

However, not everyone has benefited from this development, and there are many who are still paying the price for the battles and turmoil that took place after ISIS was expelled from the region in 2016 during a military operation. Shiite armed factions from the Hashd formations that participated in the fight against ISIS still control parts of Anbar Province.

In one of the dusty streets of Saqlawiya, there are still some houses in the rubble. Saadia Hamid, 59, lives with 14 of her grandchildren and four daughters-in-law. She lost all her nine children during the military operations against ISIS in 2016, when their locality in Saqlawiya was raided by a group of armed men wearing military uniforms.

Hamid said, “The government did nothing in this area and did not provide any services. I am still under the weight of debts that I borrowed to repair my house, which was burned during the displacement. The government only reformed the main street, but neglected the internal streets.”

The military commander, Ghanem, is concerned that extremist ideology still exists, and affirmed, "While the Anbaris have distanced themselves from this thing, I think that the people who still carry these ideas will not stop."

Yet years of a supposed resurgence of extremist threats have not deterred Mohammed Salman from serving the customers of his brother's crowded perfume and cosmetics store in Ramadi. After two decades in Sweden, he returned this year so optimistic about Anbar that his Jordanian wife and four children intend to leave Europe to join him.

"I think Anbar will be better in the future," Salman said. I don't want to get into politics, but I'm convinced of the people who are leading Anbar now. As for the security aspect, it is very good here.”   LINK

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Parliament's First Session Awaits Resolution Of Electoral Cases

Posted On 2021-12-07 By Sotaliraq     Baghdad: Shaima Rashid   It seems that the ratification of the election results will be delayed until the appeals submitted to the Federal Supreme Court are resolved. Experts suggested that the court would issue its decision regarding the cases during the current month in order to resolve the issue, ratify the results, and go towards holding the first parliamentary sessions. Legal expert Tariq Harb explained in his interview with “Al-Sabah” that “the Federal Court will not delay resolving the cases regarding the elections, and they may be resolved during this month, and the evidence is that the court does not give close dates as it did in the lawsuit filed by the head of the Al-Fath bloc Hadi Al-Amiri.”

He added that “the approval of the winning names in the recent parliamentary elections is not done until after the cases are resolved, and as long as a session has been formed and considered, it is not possible to ratify until after the issue is resolved, which may take one, two or three sessions, and this matter is up to the discretion of the Federal Supreme Court, but The approval of the results follows the resolution of these cases, because it is related to the first session, the approval of the results, and the formation of the new parliament.”

 Harb ruled out the delay in resolving the case, noting, “I do not think that resolving the case will be delayed, and in the most estimate this month, the issue will be resolved,” noting that “the issue is natural and legal that the case be postponed more than once and that the approval remains pending until the case is resolved.” Legal expert Ali Al-Tamimi supported Harb’s words regarding the approval of the election results, saying in an interview with “Al-Sabah”:   LINK

Al-Maliki Calls On The Security Services To Take The Necessary Measures And Maintain The Security And Stability Of The Provinces

Tuesday 07 December 2021 17:12 | a wish Number of readings: 55   Baghdad / NINA / - Head of the State of Law Coalition, Nuri al-Maliki, called on the security services to take the necessary measures and maintain the security and stability of the provinces.

Al-Maliki wrote, in a tweet via the Twitter social networking platform, “The breaches of the security file in the north and south of the country, and the attack that took place today in Basra, with the bombing of the hospital, requires more firmness and awareness of the movement and activities of terrorists, reviewing the implemented security plans, addressing the defect quickly, and revealing the terrorist entities.” Arrest them and bring them to court to receive their punishment.”

He added, "We call on the security services to take the necessary measures and maintain the security and stability of our dear governorates, and we call on all movements, agencies, masses, clans and parties to stand with the security services in detecting and prosecuting terrorist cells." / End 5

https://ninanews.com/Website/News/Details?Key=943421

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Iraq Discusses With NATO The Training Plan For The Year 2021

a wish| 03:27 - 07/12/2021  Baghdad - Mawazine News  The Ministry of Defense discussed, on Tuesday, with NATO the training plan for the year 2021.

A ministry statement stated, "To increase the prospects for cooperation in the field of training and coordination between the Ministries of Defense and the Peshmerga with the Office of Security Cooperation of the North Atlantic Treaty Organization (NATO), it was held at the headquarters of the Ministry of Defense.

Defense Coordination meeting chaired by the Secretary General of the Ministry of Defense Lieutenant-General Raad Hashem Al-Taie with the NATO Cooperation Office and in the presence of the Secretary-General of the Ministry of Peshmerga Lieutenant-General Jabbar Yawar and the representative of the Kurdistan Region in Baghdad Faris Issa.

The statement added, "During which they discussed the development of joint work, the training plan for the next year, the courses that will be opened for the Iraqi armed forces for the next year, and their importance in developing training through a complete vision of an annual curriculum, an indication of the quality of courses, the selection of candidates, and the development of a new mechanism to help speed up the application process for candidates and their entry into courses."

Pointing out that "this meeting comes within a series of meetings held by the Ministry of Defense with NATO in order to continue support in the field of training and developing capabilities for the Iraqi forces." Ended 29 / h

https://www.mawazin.net/Details.aspx?jimare=177641

The Political Economy Of Foreign Direct Investment

Tuesday 07 December 2021  217   Dr. Hamed Rahim

Political economy is one of the important branches of economics, which deals with the interactions between economics and politics and the mutual influence between them. a lot.

As for direct foreign investment, what is meant by it is that economic investment act, which is carried out by an individual or an economic establishment whose residence or headquarters is in the mother country and the project is in another country (a future country) with the intent of managing that project to produce goods or services. As for the (direct) connotation, it comes to distinguish This type is about indirect foreign investment, which means speculation and profiting from the purchase of financial assets that are put on the markets.

Money for the future country.

Reference here to the recent steps taken by Iraq within the framework of this type of investment with the French company (Total), whose contract value is 27 billion dollars, and the American (Baker Hughes), whose contract value is 370 million dollars, in addition to the contracts concluded with important Asian countries such as Japan and port contracts. The port of Umm Qasr and South Korea, and its large contracts, China and even the German company Siemens, whose contracts ranged between investment and contracting, in addition to the oil sector and its consequences.

Away from the purely economic impact represented by the positive aspects represented by modernizing the technological infrastructure, increasing production and filling the shortage of the commodity locally, and the possible negative effects represented by the potential high technological level, which is characterized by being capital-intensive and light-working, which may not correspond to the high level of unemployment and potential profit transfers and other changes, the focus will be on the potential political impact of such steps.

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The reality of the situation necessitates dealing with the international system for the purpose of achieving internal stability to initiate economic development (if there is an intention to do so), and this stability is achieved by finding ways to intertwine interests and establish the best relations with the regional and international environment. It is based on mutual interests, as capital is an important pillar of interest, often looking for stability and minimizing risks, and here is the point of convergence of interests, as the current situation in Iraq is turbulent and all of these countries are important within the framework of the international system, especially Western Europe and America because of the great international weight they constitute.

Such investment policies demonstrate that Iraq is stepping towards involving the international community in its economic reality, which creates a unity of purpose represented in the internal stability of Iraq, as it will harness important efforts for those countries working to put Iraq on their foreign agendas, in a way that supports its positions towards creating stability Political and security, countries do not move according to moral standards. Rather, the pragmatic, utilitarian aspect is the engine, and the best thing that represents the interests of the countries is capital.

The school-economic debate in this context is very long and apparently will prolong in light of the great rush of cross-border companies, and the corresponding attempts to fortify against them through theorizing skeptical about the feasibility of these investments or focusing on the political impact and its related assumptions of hegemony and so on, and we in Iraq have to We look at the potential impact in the long term by reading the economic and political axes of this investment activity, to come out with the highest returns and at the lowest costs, and this requires political maturity, perhaps not available, so the analysis will be limited to the immediate circumstance as a result of the political and security conditions and confusing relations with the regional and international environment.

The pragmatic thinking for Iraq should (as mentioned above) be based on achieving interests only, without having central political tendencies based on an ideological vision. Iraq currently has important economic partnerships with the regional environment and even globally, as we explained with the countries of Asia and Europe, but they It remains concerned if the American conciliatory link with Iraq is absent, given the great capabilities that America possesses in the global reality and the Iraq file in particular.

So we must use our economic advantages, because the Iraqi economy is a very promising market and its investment opportunities are very large, and here lies the relatively better behavior to use the political economy to achieve general stability inside Iraq. Economy and then the economy is the best way to get us out of the whirlpools of chaos and narrow bets.  LINK

 

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

 https://www.bondladyscorner.com/

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