"Tidbits From TNT" Saturday Morning 3-25-2023

TNT:

CandyKisses:  Economic center: Iraq recorded in January 2023 its highest rise in years in inflation rates

Baghdad - Iraq Today:

The Iraq Future Center announced that Iraq recorded the highest annual inflation rate during January 2023.

The director of the center, Manar Al-Obaidi, said in a statement that "the rise in the annual inflation rate for the month of January 2023 to reach more than 8.2%, is the highest rise for Iraq in years."

Al-Obaidi added that "the annual inflation rate in the food sector reached 10.4%, while the annual inflation rate in the transport sector reached 13.9%."

He continued: "As for the highest rise in inflation rates, it reached in the electricity and water supply sector, as it increased by 34% compared to the previous year," adding: "As for the inflation rates in rents, they rose only by 1.6%."

"The only two sectors that witnessed a decline in inflation rates were the telecommunications sector, which fell by 11%, and the maintenance services sector, which fell by 1.4%," he said.

CandyKisses:  Closing the entrances to the green zone and entering only the owners of the "bagat"

Baghdad Today - Baghdad

On Saturday, the Green Zone in central Baghdad witnessed the closure of all its entrances, while only the Bajat campaign was allowed to pass.

The (Baghdad Today) correspondent said, "The security services closed this morning the entire Green Zone, while only owners of (bags) are allowed to cross, amid strict security measures." 

It is expected that the House of Representatives will hold its session today, Saturday, to pass the local elections law and the House of Representatives, in light of expectations that citizens will demonstrate to protest against "St. Lego". 

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CandyKisses:  Al-Sudani consultant recommends the formation of a consumer protection council to deter price manipulators

 Baghdad - Mawazine News

Advisor confirmed Prime Minister Mazhar Mohamed Saleh to accelerate the distribution of baskets Food at government-subsidized prices will contribute to market stability, he recommended By forming a consumer protection council to deter manipulators.

Saleh said The official agency, continued by Mawazine News, said that "consumer protection in Iraq remains A source of social, economic and health mobility, and a consumer culture of official importance And the popularity brought by the Consumer Protection Law No. 1 of 2010, which went to Lofty goals, including ensuring basic consumer rights and protecting them from illegal practices that lead to harm to it, in addition to raising the level of consumer awareness and preventing all action Violates the rules of import, production or marketing of goods, detracts from their benefits, or leads to misleading the consumer."

He added, that" What we are witnessing these days of unjustified price rises that intersect with the ethics of a protection law Consumer No. 1 of 2010 and its obligations", indicating that "there are exploitative phenomena It is practiced by some from the commercial sector, especially in seasons of high household demand for materials food to meet the requirements of the month of Ramadan".

He noted, The wave of seasonal demand for food commodities is described among the commodity demand for necessities, a rigid and inelastic demand that is achieved even if commodity prices rise required," pointing out, that "the forces of commercial supply in the market are aware of Prior to the issue of the decrease in the price elasticity of demand for foodstuffs, as the forces of Greed and exploitation to manipulate market balances through the temporary increase in supply prices For foodstuffs, meat and other necessities in the range of the wave of demand for goods Food before the holy month, which is a negative economic phenomenon inherited in our country and contrary to the principles of religion."

Saleh pointed out, "The speed of distribution of food baskets at subsidized prices by the state will constitute no Reap a large added supply of foodstuffs, and at the same time the prices of baskets will be Very low price equivalent in price cooling down and the immediate market returning to stability in the coming days."

Saleh stressed "The necessity of starting and activating the provisions of Article 4 of the Consumer Protection Law, which Provides for the formation of the Consumer Protection Council, which will go to assume its procedural tasks in terms of setting Policies and work programs to protect and regulate consumers and their rights, and work to raise The level of consumer awareness, as well as the legal and disciplinary issues protecting For consumers such as receiving and investigating complaints and making appropriate decisions

And recommendations in and to warn the violator that the violation must be removed within (7) days from the date of Reporting or initiating the case in the event of the continuation of the violation," he explained, that "the Council The warning is based on the reports of the inspection committees."

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Tishwash:   Australia informs Iraq of its desire to invest in 5 sectors

Australia has expressed its desire to strengthen relations with Iraq in five important sectors.

And the Iraqi Ministry of Foreign Affairs stated, in a statement, that "Hisham Al-Alawi, Undersecretary for Political Planning Affairs, met the Australian Ambassador to Iraq, Paula Ganley, at the ministry's headquarters in Baghdad."

The statement added, "During the meeting, they discussed the results of the visit of the Australian special envoy to Baghdad last month, and exploring opportunities to develop bilateral relations between Iraq and Australia and ways to improve them to serve the aspirations of the two friendly countries."

The Undersecretary affirmed, "The Iraqi side's desire to expand cooperation in the academic and professional fields through scientific programs, training courses, and specialized workshops to prepare and qualify diplomatic cadres at the Foreign Service Institute," expressing his "aspiration to benefit from Australian academic and diplomatic expertise."

For her part, Ambassador Ganley expressed her country's desire to strengthen bilateral relations and expand cooperation between the two countries in important sectors, including energy, agriculture, education, health and security, for the benefit of both countries, in addition to its readiness to support the Foreign Service Institute at the Ministry of Foreign Affairs.  link

Mot:  ... Seeeee We All are Doing Just Fine- like this dude! ~~~~

Mot:  .... Already I Am for an Exciting Night!! ~~~~