Dinar Recaps

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"Tidbits From TNT" Sunday Morning 1-1-2023

TNT:

Tishwash:  Expert: There is no concern about the stability of the dinar, with the large reserves of dollars and gold

Al-Shammari said in a press statement, followed by the Independent, that what happened during the last period of the rise in the dollar against the local currency was caused by a lack of supply and an increase in demand for it.

Al-Shammari added that external factors stand behind this rise, including Iraq's payment of dues to Iran in the national currency, which is around 3-5 trillion dinars.

He explained that these sums were pumped into the Iraqi market in one way or another to buy dollars in light of Iran's need for foreign currency more than the Iraqi dinar to revitalize its tired economic situation.

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Al-Shammari stressed that with these factors, in addition to others, there is no fear or concern for the Iraqi dinar, in light of the presence of large reserves of dollars and gold, in addition to the continuous flow of foreign currency from the export of oil in particular.  link

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CandyKisses:  Al-Kinani: America has taken the dollar as a pressure card to keep Iraq away from China

Information / Baghdad... 

Political analyst Hussein Al-Kinani saw that America took the dollar as a pressure card against the government to keep it away from China and its projects and push Baghdad towards Washington's allies in the region, pointing out that America seeks to make the Sudanese government like its predecessor in order to serve its interests. 

Al-Kinani told Al-Maalouma, "The American administration does not want Iraq to contract with China and implement its agreement with Beijing, and goes beyond that towards the survival of American forces inside Iraq and an attempt to force Baghdad to conclude agreements with Washington's allies." 
He added, "America used the dollar bill as a factor of pressure on the Sudanese government in order to ensure that this government does not succeed, in addition to its attempt not to continue to remain in power." 

Al-Kinani explained, "There is an American effort to make the Sudanese government the same as its predecessor headed by Al-Kazemi, especially since it came from blocs that are not allies of Washington, which makes America push towards thwarting the government and its projects in order to obstruct its projects in various fields." 

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Tishwash:  An "angry" demonstration is expected in front of the US embassy in Baghdad

A member of the Coordinating Body of the Popular Movement for the Belt and Road, Hussein Ali Al-Karawi, announced on Sunday that he is preparing to demonstrate in front of the US embassy in response to its interference in Iraqi affairs . 

Al-Karawi said in a statement to Al-Maalouma, "The popular movement for the Belt and Road is in the process of preparing to demonstrate in front of the American embassy of Iraq, to ​​demand that the US not interfere in determining Iraq's evil economic destination." and conclude agreements that would build Iraq. 

He added, "The popular movement calls on the Iraqi people to go out in this upcoming demonstration to save what remains of their wealth and build a future for future generations," noting that "the date for the demonstration will be determined after coordination with independent representatives, independent forces and trade unions."

Al-Karawi called on the independent members of the House of Representatives to "convene a session to reduce the servility and subjugation of the political forces and their leaders to the Americans who will preserve their gains and their partisanship and personal interests."  link

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Tishwash:  The Federal Court talks about corruption in Iraq and sets a condition for ending it

On Sunday, the President of the Federal Supreme Court, Jassem Muhammad Abboud, spoke about the causes of widespread corruption in Iraq, stressing that it is practiced by junior and senior employees.  

Abboud said in an interview with the Iraqi News Agency, which was seen by "Al-Iqtisad News", that "corruption in Iraq is of two types: large and small," noting that "small corruption is what is committed by junior employees, and this leads to the loss of confidence of the Iraqi citizen in the public office, so Now most Iraqi citizens have lost their confidence in the public office, although sometimes there are a large number of employees who enjoy high integrity, but this culture is currently prevalent in Iraqi society based on foundations that led to the spread of this culture.

He pointed out that "for example, when an Iraqi citizen goes to any of the state departments, he is exposed to blackmail in order for his transaction to be completed. This corruption led to the citizen's loss of confidence in the public office, while the administrative system in Iraq was one of the most prominent administrative systems in the Middle East." Pointing out that "great corruption is committed by senior officials or by some political parties. This corruption is what impedes state building."

And he indicated that "the failure to find a real national strategy and intention to fight corruption is the reason for not putting an end to this corruption, and therefore when there is a real political intention to end corruption, it will end, and when we do not find this real intention, this corruption will not end      link

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Mot: .... to be Honest Here!!! - I .........

Mot: .... Blessings fer the new Year these is! ~~~~

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