Zig’s Place Chat and News Thursday AM 5-6-21
Zig’s Place Chat and News Thursday AM 5-6-21
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butterfly A slight increase in the exchange rate of the dollar on the local stock exchange
Thursday 06, May 2021 10:06...........The exchange rate of the dollar rose, today, Thursday, on the main stock exchange in Baghdad slightly. The central Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 148,500 dinars, compared to 100 dollars. The selling price in the exchange shops in the local markets in Baghdad was 149,000 dinars, and the purchase price was 148,000 dinars per 100 dollars.
butterfly Rasheed Bank: advance salaries to non-resident officers
Thursday 06, May 2021 11:23...............Al-Rasheed Bank announced that officers of the ministries of Defense, Interior and National Security, who are not resettled, have been granted personal advances.
The bank explained, "The amount of the advances is (10.8.5) million dinars, according to the limits of the net salary," adding that "one of the conditions set by the bank is that the beneficiary pledges to settle his salary with the bank in the future."
butterfly Parliamentary energy: 20 billion dinars a month, losses to close the Nasiriyah refinery
Thursday 06, May 2021 12:53..............The Parliamentary Oil and Energy Committee confirmed that Iraq suffered losses of 20 billion dinars per month as a result of the closure of the Nasiriyah refinery in Dhi Qar governorate.
Committee member MP Sadiq Al-Sulaiti said, in a press statement, that "the losses in the closure of the Nasiriyah refinery by protesters demanding appointment are estimated at twenty billion dinars during the month of April," calling on Prime Minister Mustafa Al-Kazemi and Minister of Interior Othman Al-Ghanimi to shoulder their responsibilities and find quick solutions to the problem.
He added, "The government's negligence of the demands of the demonstrators and the failure to put in place appropriate solutions for them, caused losses to the state estimated at twenty billion dinars per month due to the closure of the refinery, in addition to the great shortage in the supply of asphalt, which many governorates depend on producing the Nasiriyah refinery from, to implement cladding and tiling projects As well as the lack of oil products and derivatives produced by the refinery (white oil, kerosene and vacuum gas oil), what caused the lack of national production of these derivatives and resorting to raising import quantities, and this burdens the state’s budget.
He explained, "The refinery was closed on 1/4/2021 and until now without interference or interest from the central government in this federal file."
butterfly Parliamentary Finance by / NINA /: Forming a temporary committee that does not intersect with our work to follow up the implementation of the general budget law
Thursday 06, May 2021 13:22................The Parliamentary Finance Committee confirmed: "The formation of a temporary committee to follow up the implementation of the General Budget Law 2021 will not intersect with its periodic work in following up on the implementation of the law."
A member of the committee, MP Majed Al-Waeli, stated in a statement to the Iraqi National News Agency / NINA /: "The formation or lack of a temporary committee does not constitute an obstacle before the House of Representatives in following up the implementation of the provisions of the General Budget Law 2021, similar to the legislation of previous laws."
He added, "The formation of the new committee does not intersect with the work of the Parliamentary Finance Committee, whether the parliamentary finance participated in its membership or continued its regular periodic work in isolation from the new committee," noting that "the Finance Committee and deputies from other parliamentary blocs and committees all followed the implementation of the 2019 budget law."
Deputies of various blocs adopted, on April 20, a formal request to the Presidency of the Council of Representatives to issue a decision to form a temporary committee to monitor the implementation of the general budget, in order to monitor the good implementation and commitment of the government to the provisions of the 2021 Budget Law, and to keep the money allocated to major projects and loans from the hands of the corrupt.
butterfly The parliamentary request, accompanied by the signatures of 71 deputies from different blocs, included the formation of a temporary committee comprising 3 members of each of the Finance and Integrity Committees, Agriculture, Economy, Energy, Work, Services and Regional Affairs, and following up on the implementation of the representative government program. Integrity Committee and its rapporteur from the members of the committee to follow up the implementation of the government program
According to the parliamentary request, the temporary committee has the right to seek assistance from the Office of Financial Supervision, the Integrity Commission, the Budget Department at the Ministry of Finance, the Department for Combating Economic Crime in the Ministry of Interior, and any other department or body the committee deems necessary to seek assistance from.
butterfly Ports are discussing with the Korean company Daewoo to find job opportunities for the unemployed in the large Faw port project
Thursday 06, May 2021 13:33....................The General Company for Ports of Iraq discussed with the Korean company Daewoo to find suitable solutions for the protesters demanding job opportunities in the large Faw port project.
The general manager of the company, Farhan Muheisen Al-Fartousi, said in a statement to the company’s information: “We discussed with the Korean company providing job opportunities in the large Faw port project, which will create about (10-15) thousand job opportunities for the people of Al-Faw district.”
He added, "We discussed with the Korean side the mechanism for employing local workers and achieving justice in terms of additional work wages. We directed the protesters from the people of Fao in agreement with a local labor company to be approved in the Faw port project and linked with the project authority.
butterfly Iraq and Saudi Arabia are discussing issues of common interest in the agricultural field and ways to develop them Thursday 06, May 2021 14:26...............Iraq and Saudi Arabia discussed issues of common interest in the agricultural field and ways to develop them.
According to a Foreign Ministry statement on Thursday, the Chargé d'affaires ai of the Embassy of Iraq in Riyadh Abdul - Jabbar Abdul Rahman Hadhoud met with the Minister of Environment and Water and Agriculture Abdul Rahman bin Abdul Mohsen al- Fadhli. "
During the meeting , they discussed a number of issues of common interest in the field of agriculture and ways to develop them in The framework of the Middle East initiative launched by the Saudi Crown Prince, which won the support and welcome of Iraq, and which is reflected in the improvement of relations between the two brotherly countries .
butterfly Lahore Sheikh Genki: ISIS terrorist organization is trying to return again
Thursday 06, May 2021 14:08.................Lahore Sheikh Genki confirmed that the increase in attacks in Iraq reveals that the terrorist organization ISIS is trying to return again.
The Lahore Sheikh Cengi publicly President Joint National Union in a press statement that the organization Daesh he organized himself, noting the failure to eliminate the Daesh final and now has thousands of gunmen in Iraq , "and expressed concern that the organization Daesh was able to organize himself again.
He revealed the arrest of 38 element in Daesh weeks before all of them Kurds , and between the ages of 20 to 22 years old and were in possession of weapons and bombs and planned to carry out a number of terrorist acts, calling for caution and vigilance.
He stressed Sheikh Cengi that the disputed areas have become a fertile environment for Daesh, considering that the lack of coordination between The region and Baghdad caused the emergence of ISIS and the increase in its power and capabilities.
butterfly Jordan floats an oil tender linked to Iraq
05/06/2021 12:31:24...............{Economical: Al Furat News} The Jordanian Ministry of Energy and Mineral Resources announced today, Thursday, the launch of a tender to transport crude oil from the loading site in Iraq to the Jordanian oil refinery site in Zarqa, at a rate of 10 thousand barrels per day.
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. The ministry has set the deadline for obtaining a copy of the bidding documents and submitting inquiries on May 27, and the deadline for submitting bids is at twelve noon on the third Thursday of next June.
The Jordanian Ministry indicated that the value of the tender copy is 500 dinars, while the bid bond is 500,000 dinars.
butterfly Iraq is chasing the fortunes of the defunct regime in a European country
05/06/2021 .................{Politics: Al Furat News} A spokesman for the Ministry of Foreign Affairs, Ahmed Al-Sahhaf, said, Thursday, that Iraq is pursuing a great wealth of the defunct regime in a European country
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here
Al-Sahhaf said in a statement that Al-Furat News received a copy of it that "work is underway to recover the Iraqi funds frozen in Italy since the time of the former regime, which amount to about (600) million euros."
He added, "We are working to diversify the economic partnerships of Iraq, and to acquire international support for investment, in confirmation of the great opportunities we have in various sectors."
butterfly An international report reveals important information about Al-Kazemi's role in mediation between the countries of the region
05/06/2021 ................{Politics: Euphrates News} The international Bloomberg Agency published a report in which it spoke about the major and important role of Prime Minister Mustafa Al-Kazemi in the stability of the Middle East, describing it as "of a very prominent position in Washington and the world, according to American professors specializing in international political affairs."
Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here
Bloomberg said, "Al-Kazemi sailed in Iraqi politics on the broader front line with Iran, and played his cards wisely." His position is very high in Washington now, noting that, "Al-Kazemi has placed Iraq with a strong role and position internationally because he realizes that the stability of his country internally has a great relationship. About the conditions of the region. ”
The report pointed out that“ Iraq is playing a mediating role between Iran and the oil-producing Gulf countries, including Saudi Arabia, in a transformation of a country known to be a victim of the regional conflict rather than a channel to defuse it. ”
In recent weeks, Iraq has conducted according to The report has "indirect talks between its two neighbors, Saudi Arabia and Iran, with a focus on the Yemen war, as the two countries support opposite sides."
"Saudi Arabia and its ally the United Arab Emirates consider Iraqi Prime Minister Mustafa Al-Kazemi, a former intelligence chief with expertise in regional security issues, with a degree of independence from Iran," Bloomberg said. Four people briefed on the talks said he was thus able. Building confidence to make such participation possible. "
butterfly Al-Kazemi also kept, according to the report, "open channels between Tehran and the administration of President Joseph Biden, which two people familiar with the Iraqi side said had welcomed the separate method of diplomatic contact with Iran. World powers are holding talks in Vienna to try to revive the 2015 agreement with Iran to rein in its nuclear activity in exchange for easing sanctions." ".
He pointed out that "the end of the mid-May agreement on monitoring Iranian nuclear facilities gives these multi-track talks an additional urgency that could help regional communication in promoting the revival of the nuclear agreement, after former President Donald Trump's unilateral exit followed by attacks on global shipping lanes and oil facilities." Saudi Arabia, many of which blamed Iran or its regional proxies. "
Robert Satloff, executive director of the Washington Institute and an expert on US policy in the Middle East, said, "Al-Kazemi sailed in Iraqi politics on the broader front line with Iran, and played his cards wisely. His position is very high in Washington now."
Iraq has long been stuck in the midst of conflicts between global and regional powers, and is still rebuilding from the invasions of the United States and ISIS, and Iraq hopes to reduce tensions that directly affect it, while Al-Kazemi also seeks to strengthen his role on the international stage, even when he navigates domestic politics in Iraq, where it gravitates between powerful rival parties, according to the report.
Butterfly 2021-05-06 05:42 Shafaq News / The Iraqi Ministry of Foreign Affairs confirmed on Thursday that it is seeking to recover frozen Iraqi funds.
A spokesman for the Ministry, Ahmed Al-Sahaf, said that work is underway to recover the Iraqi funds frozen in Italy since the former regime’s era, indicating that they amount to about 600 million euros.
butterfly 2021-05-06 05:07 Shafaq News/ The Central Bank of Iraq sales of hard currency declined to nearly $149 million today, Thursday.
Shafaq News Agency correspondent reported that CBI sales at the Foreign Exchange Auctions registered a 10.78% decline in its sales to settle at $149,814,579, compared to $167,300,000 yesterday. The weighted average rate of the dinar to the U.S. dollar amounted to 1460.
Our correspondent explained that 11 banks and five exchange companies cashed $13.3 million, while $136,514,579 went to boost funds abroad in the form of transfers and credits, with 31 banks meeting those requests.
butterfly 2021-05-06 03:30
Shafaq News/ Precious-gold prices hiked today, Thursday, in the markets of the Kurdistan Region.
One mithqal of the 24-carat gold stood at 429 thousand dinar, while the 21 and 18-carats were valued at 379 and 324 thousand dinar, respectively. A mithqal is equivalent to 4.5 grams.
Doug_W Silver:$26.9 +0.34
butterfly 2021-05-05 08:11 Shafaq News / China announced, on Wednesday, that trade exchange with Iraq is more than 30 billion dollars in 2020.
On the economic relations between China and Iraq, the commercial advisor at the Chinese embassy in Baghdad, Xu Chun said in a virtual press conference attended by Shafaq News Agency that "trade exchange between China and Iraq is about 30,200 million dollars in 2020, while it was 53,300 million dollars in 2019," indicating that" the dropping is due to the decrease in global oil prices.”
The most prominent information about trade exchange between the two countries in the year 2020, which was reported by the Chinese advisor:
A decrease in Chinese exports to Iraq by 15.5% during 2020 to 10,924 million dollars.
An increase in China's oil imports by 16.1% at to reach 60,120 thousand tons (422,940 thousand barrels), which represents 11% of the total Chinese imports of oil, thus Iraq is still the third-largest source of oil to China.
On Chinese investment in Iraq, Xu Chun pointed out that "Iraq is the largest investment site in the region or among Arab countries;" noting that "Chinese companies have invested in the oil sector during the past 15 years, as they launched the first oil investment project with Iraq in the Ahdab field after 2003 as well at the Halfaya oil field.
“China operated the project at Ahdab field and reached the wanted production.” He said.
He said, "The Chinese companies that have invested in Iraq contribute to promoting the economic development of Iraq and improving the lives of the people in Iraq," for several reasons. During the past ten years, Chinese companies operating in Iraq:
Spent more than $ 50 million on charitable projects from education and water supply.
Created more than 40,000 job opportunities for the Iraqis, (the percentage of Iraqi workers working in these companies exceeds 88% of the total workers on the Chinese projects)
butterfly Paid 1,780 million dollars as taxes to the Iraqi side.
Achieved capacity of 7,400 megawatts has been achieved in the electricity sector, especially the Wasit Power Station, which meets 70% of Baghdad's electrical energy needs and 30% of Iraq's energy needs.
butterfly 2021-05-06 02:03 Shafaq News/ The Dinar/Dollar exchange rates hiked in Baghdad and Erbil today, Thursday.
Shafaq News Agency correspondent reported that Al-Kifah and al-Harithiya Central Exchanges are trading the 100 US dollar at 148500 Iraqi Dinars, compared to 148100 dinars yesterday.
Our correspondent added that today's selling and buying prices in the local markets rose to 149000 and 148000 dinars per 100 dollars.
In the capital of the Kurdistan Region, Erbil, the US buying and selling prices reached 148500 and 148300, respectively, for every 100 Dollars.
butterfly 2021-05-06 07:43 Shafaq News / The Turkish consul in Nineveh, Muhammad Kojok, reiterated on Thursday his country's readiness to secure Iraq's share of water amid the current crisis.
This came in a press conference held after a meeting with the head of the local government, Najm al-Jubouri.
Kojok discussed several topics during the conference he held with Al-Jubouri, the most prominent of which is the water crisis afflicting Iraq, pointing out, "The Turkish and Iraqi sides are following up on this file; we have taken very remarkable steps in this regard."
He said that Turkey has not and will not leave the Iraqi people without water, adding, "we will reach satisfying results."
Kojok revealed that a Turkish delegation might survey the water issue, starting from the Mosul Dam.
butterfly 2021-05-06 06:35 Shafaq News / The Iraqi Ministry of Justice commenced today, Thursday, a plan for "Human Rights in Iraq and Kurdistan" in the city of al-Sulaymaniyah.
This plan falls within the framework of the partnership between civil society organizations and the Iraqi Ministry of Justice, as well as the Kurdistan Region represented by the Kurdistan regional government international advocacy coordinator, Dindar Zebari.
The plan consists of 26 items, all of which are extracted from the recommendations of the Human Rights Council in Geneva.
Iraqi Minister of Justice Salar Abdul Sattar said in a press conference that this plan was approved by the Council of Ministers, noting that it is very appropriate and will be a solid foundation for human rights in the country.
For his part, Zebari said during the conference, that the Kurdistan Region is part of this national plan, indicating that the Regional Government has coordinated with the concerned authorities to implement this plan.
butterfly WOW............Human Rights, now that is a step ahead.
Butterfly 2021-05-06 06:15 Shafaq News/ The leader of the Kurdistan Islamic Movement, Irfan Abdul Aziz, said that his movement will refrain from running for the elections scheduled for October 10 later this year.
In a press conference held today, Thursday, Abdul Aziz said that the movement took this decision in light of "several factors" after deliberating the situation keenly.
Abdul Aziz said that the main reason behind this decision is "electoral rigging", adding that what happened in Iraq in the previous elections is unmatched, "even in Africa".
"Iraq is not a state anymore. It is an arena to settle international conflicts, while, regionally, the countries that control the parties in Iraq can do whatever they want."
Al-Dawa party-Iraq Organization said it will not participate in the early legislative elections this year, expressing concerns about repeating the scenario of the previous elections.
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