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"Tidbits From TNT" Friday Morning 3-4-2022

TNT:

Tishwash:  The Iraqi street is upset by the delay in forming the new Iraqi government

It is not surprising that the process of forming the Iraqi government has been prolonged. This happened after every election held since 2005, but the deep differences this time were not accustomed to by the ruling class in Iraq.

This situation aroused the discontent of the Iraqi street, as citizens question the feasibility of early elections in light of this delay that accompanied the formation of the expected government, five months after the elections.

Ali Talib told Shafaq News Agency, a winning speaker from his small booth, "The demands made by the Tishreen revolutionaries are to eliminate the corrupt who took power in Baghdad. The elections were held, but they did not achieve their goals. Four months have passed since the October elections and they have not taken place yet."

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Choosing a President of the Republic as well as a Prime Minister, and this may negatively affect many areas related to the life of the citizen.

He added that the political parties must solve all the problems facing the political process and form a government of services as soon as possible, because the only person affected by the delay in forming the government is the simple Iraqi citizen.

The delay in forming the new Iraqi government was not only negatively reflected on the political side, but was also largely reflected in the economic reality due to the delay in approving the federal budget for the current year.

For this reason, the observer of Iraqi political affairs, Mahmoud Yehudi, confirms to Shafak News Agency, that the caretaker government does not have the right, according to the constitution, to pass the federal budget of the Iraqi Council of Representatives according to the Iraqi constitution.

And a Jew indicated that forming a government according to these data requires a time of at least five months to come, and this means disrupting many aspects of life during that period at a time when the Iraqi citizen suffers from successive crises.

However, political meetings between the various parties intensified, with the conflict remaining open between the leader of the Sadrist movement, Muqtada al-Sadr, who is looking for a national majority, and the coordinating framework that is looking for consensus, while no signs appeared that could be inferred to the form of the next government.  link

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Samson:  Expert: Oil Prices Will Not Fall Below $90

The expert in oil affairs, Hamza Al-Jawahiri, confirmed, on Thursday, that the current prices will not rise more due to Russia achieving its goals after it besieged the Ukrainian cities and largely neutralized the Ukrainian forces, indicating that the coming months will witness a decrease in prices, but it will not reach less than 90 dollar.

Al-Jawahiri said in a statement to "Information", that "the Russian-Ukrainian war, which led to a large and unexpected rise in oil prices, is the golden opportunity for Iraq by investing the money earned from the rise to develop its infrastructure and activate non-oil economic activities."

He added, "Oil prices will not rise more, and if they rise very little, because Russia achieves its goals after it besieged the Ukrainian cities and largely neutralized the Ukrainian forces, and that stopping the war is almost imminent," noting that "the coming months will witness a decrease in prices, but it will not reach less than 90 dollar" 

It is noteworthy that oil prices exceeded the price of Brent crude, on Thursday, the threshold of 119 dollars a barrel, while the price of West Texas Intermediate crude jumped by more than five percent, in a rise caused by the growing fears over oil supplies, as a result of the continuing Russian war on Ukraine

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TooTall:  Can u believe yada it's March and we still haven't RV'd?

Yada: We are in the process and they are backed into a corner. Think of what those in authority have done. The Good guys follow the rules while the bad guys use the rules to serve their purpose. Kadzimi is playing them like a violin because he is using the rules, constitution, against them. To think that 2-7-22 was our intended day for the release. Instead, it weakened those who played the stop card and look where they are now. Forced to get back in line

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Tishwash:  An economist determines a way to track the region's sold oil and the money obtained from it

The economic expert, Safwan Qusay, stressed today, Friday, the importance of a parliamentary move to legislate the Oil and Mineral Resources Law, while defining a way to track the oil sold in the Kurdistan region.

Qusay said, in an interview with Earth News, that "despite the issuance of a decision by the Federal Court that oil exports from within the fields of the Kurdistan region should be handed over to the Federal Ministry of Oil through the SOMO Company, but it seems that there is an insistence by the legislative side in Kurdistan on the need to present this The matter is in the form of a federal oil law in order for the wealth to be divided in a legal way.”

He added, "Such a topic will lead to a continuation of controversy over the region's share in the federal budget," noting that "the process of presenting this issue to professional parties such as the Office of Financial Supervision, through which we can track the movement of sold oil and the money that is collected through these exports."

And he continued, "It is possible for a Sumo company to have a branch within the borders of the Kurdistan region, which is responsible for the export process as well as involving the region's side in managing this company in all transparency," stressing that "the issue needs a parliamentary move in order to resolve it and enact a law for oil and mineral resources to be Transparent to all Iraqi provinces and the region, with the need for all parties to abide by it.

The Federal Supreme Court had earlier issued a ruling ruling that the Oil and Gas Law of the Kurdistan Regional Government, issued in 2007, was unconstitutional, and rescinded it for violating the provisions of constitutional articles, as well as obligating the region to hand over oil production to the federal government   link

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Mot:  After all, romantic love may come and go, but a love between a man and his mountain bike will last forever.

Mot:  aaahhhhhh - the Joys of Becoming More and More Seasoned! ~~~

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