KTFA:

Samson: The Iraqi market enters a recession stage

28th August, 2022

The Iraqi market entered a period of stagnation, as a result of the political developments in Baghdad, which led to the storming of Parliament by supporters of the Sadrist movement, in addition to threats of civil disobedience in the southern provinces

The trader, Muhammad Karim, told Al-Iqtisad News, "The market is in a stagnation stage now, and political developments have negatively affected it," adding that "buying and selling is only for basic needs

He stressed that "political statements, regarding the lack of salaries for the next year, made the employees not shrink in spending, for fear of the unknown. He pointed out that some retail stores in residential areas have closed their doors, and this puts pressure on the economy and increases unemployment and poverty

On the other hand, Hamid Salem, the owner of a real estate office, told "Al-Iqtisad News" that the real estate market is witnessing a stagnation, as a result of the lack of clarity in the future, adding that the demand for real estate has witnessed a significant decrease due to the political situation. He pointed out that the citizen who wants to sell his property quickly, reduces the price by 10%, and this will contribute to reducing the price in the coming period

Yesterday, Parliament Speaker Muhammad Al-Halbousi talked about the existence of an 80 trillion surplus of oil sales in the Ministry of Finance, and the government is unable to spend it due to the absence of a budget law   LINK

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Samson: After placing them under surveillance, Sulaymaniyah arrests 12 brokers trading in dollars

27th August, 2022
The spokesman for the dollar market in Sulaymaniyah, Jabar Goran, announced on Saturday, the arrest of 12 brokers trading in dollars after they were placed under surveillance for several days.

Goran told Shafak News Agency, "The security forces arrested 12 brokers in the dollar market."

In the context, a special source confirmed to Shafaq News Agency, "Since last Thursday, a special force has monitored many currency exchange brokers in the dollar market in Sulaymaniyah, and after monitoring, on Saturday, 12 brokers were arrested."

On August 19, the Security Directorate (Asayish) in Sulaymaniyah Governorate announced in a statement the arrest of five merchants and brokers of land and public properties who used their positions and powers in the departments illegally.

It also stated that by a decision of the judge, five traders and brokers who dealt illegally in public lands and properties were arrested.  LINK

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Samson:  Hackers seize Zain telecom system in Najaf and steal major customers

28th August, 2022

A local source reported, on Saturday, that professional hackers "hackers" penetrated the system of Zain Communications Company (Zain Cash System) in Najaf Governorate, and a number of main customers were robbed.

The source told Shafaq News Agency, that the theft was carried out through a number used by Al-Rafidain Bank in cooperation with Zain Communications Company, and the main customers were persuaded (on the pretext that the system was formatted) and were robbed of 26 million dinars in their own wallets.

He added that the headquarters of the "Zain" company was aware of the accident that the first customer was exposed to, and despite that, it did not inform other customers to be careful, as the penetration process took place over several hours and not one hour, and customers were stolen at different times.

The source added that customers are resentful of Zain's behavior with them and its concealment of the incident, fearing that its reputation in the telecommunications market will be tarnished.  LINK

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Samson:  Al-Sadr's Minister presents his vision for the new Iraq

28th August, 2022

The so-called "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr presented on Sunday his leader's vision about the new shape of Iraq.

“Come to a new #Iraq in which there is no subordination, no militias, no occupation, no terrorism, no corruption, no drugs, no loose weapons, and no tested parties,” the Minister of Commander said in a post on social media. There is no tempter to be tried in it, no deep state in it, no sectarianism in it, no quotas in it, no crime in it, no violence, fighting in it, no clinging to power, no epidemic, no poverty, no unemployment, no high prices There is no smuggling in it, nor dryness in it, nor indecency in it.”

He added, "There is a law that is enforced, brotherhood prevails, the citizen is honored, minorities are honored, an impartial judiciary, balanced relations with the outside, peace prevails, an army that protects, a people serve, a government that serves, loyalty to the homeland, and in it Clans fraternize, in which boundaries are preserved, in which dignity is not humiliated, in which women are protected, in which youth are helped and helped, in which religions are respected

iI n which beliefs are accepted, in which ideas are formulated, in which agriculture and industry flourish, in which construction continues, in which the currency and economy are stronger, and in which the budget is established. And in it obedience to God is loved, and in it disobedience to God is rejected, and in it loyalty to the homeland is required.”   LINK

Samson:  Iraq repays $1.6 billion of Iranian gas debt

28th August, 2022

Today, Sunday, the director of the Iranian Gas Company, Majid Jakni, announced that Iraq has paid $1.6 billion in gas export funds.

In an interview with Fars News Agency, Jakni said that the amount comes within the debts owed by Iraq from the export of Iranian gas.

He pointed to the growth of gas swaps by 138%, as well as the continuation of gas swaps with Armenia, and negotiations with various countries, especially neighboring countries, in this regard.

Jakni indicated that Iran's position has risen in the field of gas trade, as a record number of gas condensate exports has been achieved in the past three years, and that gas export revenues have grown by 64%, and its export to Turkey has increased by 11%, and negotiations are continuing in this field. LINK

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Samson:  International companies use the Iraqi airspace for the first time in history

28th August, 2022

The General Company for Air Navigation Services, one of the formations of the Ministry of Transport, announced today, Sunday, that three international companies have used Iraqi airspace for the first time.

The company's general manager, Nizar Ibrahim Al-Ziyadi, said in a statement received by "Al-Iqtisad News", that the Iraqi air movement at the present time is witnessing demand from civil aviation companies.

He added that today, Armenian Airlines joined Iraq's skies for the first time, in addition to the Omani company Salam air and the Saudi Flyadeal company, given that Iraq is characterized by an important strategic location and is considered the shortest road and air corridors linking the East to the West.

LINK

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Samson:  More than 15,000 families east of Salah al-Din are trapped in homelessness and "electoral promises"

28th August, 2022

More than 15,000 displaced families east of Salah al-Din complained of the tragedy of displacement, "electoral deception", and indifference and seriousness to return them to their areas of residence from which they were displaced more than 8 years ago.

The director of Suleiman Bek district, east of Salah al-Din, Talib Muhammad Mustafa, told Shafaq News Agency; "More than 15,000 families distributed in 7 villages in Suleiman Bek and the borders of Amerli district have not returned to their areas of residence since 2014 until now due to security and service obstacles."

And between Mustafa; Some villages have turned into military barracks and their return is threatened by security due to the lack of control over the vicinity of the villages and terrorist hotbeds, which still pose a threat to the displaced, in addition to their lack of service readiness to return so far.

Mustafa added, however, that "despite the security and service obstacles, a number of families of farmers and livestock owners have returned to their villages despite service difficulties and security concerns for living reasons and to secure their sources of livelihood and livelihood."

While Abu Ammar al-Bayati, 62, a resident of the outskirts of Suleiman Bek, was quoted to Shafaq News Agency; "Most of the displaced villages obtained security and administrative approvals to return until their villages were not prepared in terms of service and security for return at the present time."

Al-Bayati referred to the resentment and indignation of the displaced families due to electoral tricks and false promises made by deputies and candidates during the 2018 and 2022 election cycles, taking advantage of the tragedies of the displaced to steal their electoral votes, which is a fraud that is unparalleled in the dictionaries of humanity.

Al-Bayati stressed that "the people will not be stung again with promises and electoral tricks, and will not give their votes to any candidate in the future, and they will have a firm stance against this exploitation and deception."

The residents of more than 10 villages were displaced from the outskirts of Suleiman Bek district, east of Salah al-Din, during the events of ISIS in 2014 and its invasion of several administrative units.

It is located in the Suleiman Bek district, 90 km east of Tikrit. It is administratively affiliated to the Tuz Khurmatu district. It includes 28 villages and is inhabited by approximately 37,000 people.  LINK

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Samson:  The Iraqi parliamentarian gets more than twenty thousand dollars a month while he is unemployed

27th August, 2022

The Iraqi parliament's deputies turned completely unemployed, after the lack of sessions, but their salaries, privileges and protections were not affected, and some of them increased their influence over the ministries under the pretext of oversight tasks.

And one Iraqi parliamentarian receives a salary of up to 30 million dinars, equivalent to 20 thousand and more than 200 dollars per month, according to circulating information, and these figures may be completely inaccurate, but they are very close to the truth.

The former member of Parliament for the Kurdistan Union, Rizan Sheikh Diliar, says that Parliament used to allocate a salary for a representative who holds a bachelor's degree, 6 and a half million per month. Diller notes that Parliament has also allocated salaries to 14 individuals who work in a personal protection capacity, and each of them receives a salary of 950,000 dinars.

Parliament allocated an amount estimated at two and a half million as rent allowances for each representative who is not a resident of the capital, Baghdad, according to Diller, who went on to say that the parliament provided other allocations such as fuel for wheels and granting delegations and other matters.

The Iraqi parliament failed to hold more than one session to elect a president of the republic due to a boycott by the coordinating framework forces and some independent Kurdish forces for the session, which requires the attendance of 220 deputies, equivalent to “two-thirds,” in order to vote on the presidential candidate.

Alaa al-Rikabi, the Secretary-General of the Emtlad movement, had revealed, in January 2021, the salaries of members of the House of Representatives. Al-Rikabi confirmed that the members of the House of Representatives received a salary of 30 million dinars, equivalent to 20 thousand and more than 200 dollars per month.

According to Al-Rikabi, the representative receives 4 million nominal salaries, two million position allowances, and three million housing rent allowances, in addition to the allowances for the certificate, car fuel, and the salaries of protection personnel, which amount to 16 million Iraqi dinars.

Farhad Alaeddin, advisor to the President of the Republic, said in a press statement that Iraq has lost nearly 19 billion dinars on allocations, salaries and expenses of the House of Representatives since the first session of the new parliament was held until now. According to Aladdin, the House of Representatives, although more than 32 weeks have passed since its election, is broken, and its building is closed.

The obelisk observed the ridicule on social networking sites of representatives whose work is to issue statements, tweets, blogs and courtesy visits to Iraqi ministries, especially since many of these ministries are mediators to appoint friends, loyalists, or people from the electoral district only.  LINK