Zig’s Place Chatroom News Friday PM 1-7-22

Zig’s Place Chatroom News Friday PM 1-7-22

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly   Al-Fath: Crime Escalated After The Dollar Was Raised And Created Three Problems Within Society

Economic  Last Update 01/07/2022 | 12:04 PM   The leader of the Al-Fateh Alliance, Uday Al-Khadran, confirmed, on Friday, that the crime has escalated remarkably after the decision to raise the dollar in the Iraqi markets.

Al-Khadran said in a statement to “Information” that “the economic situation is an important factor in enhancing the stability of societies, and poverty is the disease for all security problems, including organized crime, stressing that raising the price of the dollar had severe consequences for millions of Iraqis because it raised prices significantly, weighing the burdens of the poor, who reach Their number is 13 million.

Al-Khadran added, “The most prominent factor in the escalation of crime with its various headings is the current economic crisis, one of the main causes of which is the high prices after raising the dollar and devaluing the Iraqi dinar, stressing that this decision increased the rates of theft, divorce and even addiction.”

He pointed out that "it is not possible to achieve stability in a society whose millions of people live below the poverty line, stressing the need to pay attention to the difficult economic conditions that are exploited by networks and gangs in promoting crime and attracting young people to it." https://almaalomah.me/2022/01/07/575161/

Dave   NORV CBI had mentioned free float seemed too volatile and indicated that the managed float being based on their own assets and rather than that of foreign markets

Dave   100 trillion in circulation........show me that

Dave   your imf article reveals nodda on CBI delete 3 zero program.........

Dave   from 2013

Dave   NORV   Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate

Dave   predictable and gradual appreciation ....sounds more like the managed float than free float.....

Dave   exchange rates required to change 2-3 % every 90 days..........unlike the free float....which of the 2 floats offers the greatest predicable and gradual appreciation??????

Dave   to only change....oops

Butterfly   Iraqi Airways becomes one of the first airlines to operate the A220 in the Middle East

Iraqi News January 7, 2022 \ ............ Iraq’s national airlines, Iraqi Airways, received the first of five A220-300 aircrafts from Airbus. The new airplane is en route to Baghdad International Airport from Mirabel, Canada. Iraqi Airways is one of the first airlines to operate the Airbus A220 in the Middle East. 

The Iraqi Airways’ Airbus 220 will seat 132 passengers with 12 seats for business class and 120 seats for economy class.

Iraqi Airways has been modernizing its fleet including further orders for Boeing’s 737 MAX 8s and 787-8 Dreamliners. https://www.iraqinews.com/business/iraqi-airways-becomes-one-of-the-first-airlines-to-operate-the-a220-in-the-middle-east/

butterfly    Al-Sadr formed the largest bloc; the Framework considers its exclusion "a political suicide" 2022-01-07 16:12

Shafaq News/ Two political sources revealed that the leader of the Sadrist Movement had created the largest parliamentary bloc that will be able to form the next Iraqi government.

A leader in the Movement, and another Sunni leader, told Shafaq News Agency, "Al-Sadr was able to form a large bloc that includes 180 deputies."

Al-Sadr needs 165 members' votes to form the next government.

The first session of Parliament is scheduled to be held next Sunday to elect the new speaker of Parliament and his two deputies.

Earlier on Friday, al-Sadr hinted at the political forces allied with him to form the next government, saying, "Any Threats will make us more resolute (Tasmeem bloc/ five seats), advanced (Takadum bloc/ 37 seats), and determined (Al-Azm bloc/ 14 seats) to reach an Iraqi democracy (Kurdistan Democratic Party/ 31 seats)."

The two sources added that smaller and independent political blocs also joined the new bloc of al-Sadr, who seeks to form a "national majority" government.

It is worth noting that according to the results of the elections, the Sadrist Movement won the highest number of seats (73.)

Compared with 2018 results, The Al-Fateh Alliance lost 31 seats, taking only 17 seats in the last elections.

The Shiite Coordination Framework, which includes the State of Law Coalition and Al-Fateh, renewed its call to "all representatives of the largest social component (Shiites), especially the brothers in the Sadrist bloc, to form the lrgest bloc to preserve this constitutional entitlement and the stability of the political process."

A State of Law member, Aref Al-Hamami, warned that excluding his alliance from the next government is "a political suicide," expecting new developments in the coming hours.

butterfly  Al-Hamami told Shafaq News Agency, "The position of prime minister has become a constitutional right for the Shiite component, as well as the Iraqi presidency for the Kurdish and the speaker of parliament for the Sunni component."

He added, "at present, the political statements are incorrect, and the coming hours will be full of surprises."

"Eliminating the Coordination Framework from forming the next government is political suicide, and its consequences are dangerous for the country's future." He warned.

The Framework and the Sadrist met frequently, but the main difference between the two sides still occurred.

On the shape of the government, Al-Sadr insists on a majority government while the Framework suggested a consensus. https://shafaq.com/en/Iraq-News/Al-Sadr-formed-the-largest-bloc-the-Framework-considers-its-exclusion-a-political-suicide

butterfly   The Coordination Framework holds an "important" meeting at Al-Maliki's house 2022-01-07 12:12

Shafaq News/ A political source said, on Friday, that the Shiite Coordination Framework is holding an important meeting to discuss its future options.

The Source told Shafaq News Agency, "The Framework is meeting at the house of the head of the State of Law Coalition, Nuri al-Maliki, in Baghdad to discuss the outcomes of the dialogues and negotiations with other parties about forming the largest bloc and the new government."

It is worth noting that according to the results of the elections, the Sadrist Movement led by Muqtada al-Sadr won 73 seats, followed by the "Progress (Takadum)" Coalition led by Muhammad al-Halbousi with 37 seats. Next, the State of Law Coalition led by former Prime Minister Nuri al-Maliki with 33 seats, then the Kurdistan Democratic Party led by Masoud Barzani with 31 seats.

Compared with 2018 results, The Al-Fateh Alliance lost 31 seats, taking only 17 seats in the last elections.

During this period, more frequent periodic meetings and encounters are held among all political parties to follow up many entitlements, including forming the new Iraqi government and choosing the prime minister, selecting the new Speaker of Parliament, and the president of Iraq.

Despite all discussions with the Shiite Coordination Framework, Al-Sadr insists on forming a national majority government with the participation of the winning blocs instead of a consensus government. https://shafaq.com/en/Iraq-News/The-Coordination-Framework-holds-an-important-meeting-at-Al-Maliki-s-house

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