Zig’s Place Chatroom News Saturday PM 1-8-22

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Butterfly   Newspapers focus on the parliament session tomorrow and efforts to form the largest bloc

Saturday 08 January 2022 The newspapers issued in Baghdad today, Saturday, the eighth of January, were interested in the first session of the House of Representatives, scheduled to be held tomorrow, Sunday, and the moves and efforts to form the largest bloc tasked with forming the government.

Al-Zaman newspaper said: "The House of Representatives, headed by the oldest member, will inaugurate its first session tomorrow, Sunday, to choose a speaker and two deputies, according to the presidential order issued by the President of the Republic, Barham Salih."

The newspaper pointed out that observers said: "My coalition has progress and determination, we have announced the merger and the formation of a coalition that includes 64 deputies before the first session of the new parliament is convened tomorrow, Sunday."

Observers added: "This coalition is satisfied with the Sadrist movement and the Kurdistan Democratic Party, which previously participated in efforts to bridge the differences between its leaders, Al-Halbousi and Al-Khanjar, and enjoys Arab support."

butterfly  Al-Zaman quoted Mishaan al-Jubouri, a member of the Azm alliance, as saying: "It was agreed with the National Progress Alliance to renew the second presidency of al-Halbousi."

Al-Jubouri added: “We left a meeting of the Representatives of Azm, attended by 12 deputies, during which we renewed our confidence in the dagger for the leadership of the coalition, and we restored our previous mandate to him on everything related to naming the presidencies and the government.

The leader in the coordination framework, Hassan Shaker Al-Kaabi, revealed, according to the newspaper, a new point of contention with the Sadrist movement over the formation of the government.

Al-Kaabi said: "There is a new point of contention between the coordination and the Sadrist bloc, which is the lack of agreement between the two parties on the personality of the Prime Minister, and that the other points cannot be said to be the main focus of the dispute, but rather they are resolved according to the preparation of each bloc in Parliament."

butterfly   Al-Sabah newspaper, which is issued by the Iraqi Media Network, followed the issue of the largest parliamentary bloc and the moves and efforts to form it.

n this regard, she said: "Although there are only 24 hours left for the first session of the new parliament, things seem vague and unclear regarding basic issues, foremost of which is the "largest bloc" that will be tasked with forming the expected government."

The newspaper added: "If the Shiite duo, the Sadrist bloc and the coordination framework, agree to enter into one alliance, things will go smoothly. But in the event that they separate and one of the parties manages to declare itself a "bigger bloc" and proceed with consensus with the other partners, the country will go into a blockage. Perhaps, more clearly, a "dark tunnel" whose end you do not know.

And Al-Sabah continued: "The last hours carried a joint movement from the Kurdish duo, the Democratic Party and the Patriotic Union, as they met the Sadrist movement's political body and the leaders of the coordination framework."

She pointed to the words of a member of the joint Kurdish delegation, Hoshyar Zebari: "The electoral benefits will be the verdict in determining the fate of Iraq. Dialogue with the Sadrist movement is very useful and everyone is required to take advantage of the opportunity."

butterfly  While the newspaper quoted the leader in the coordinating framework, Wael al-Rikabi, as saying: “The coordinating framework will enter the first session of parliament scheduled to be held on Sunday with approximately 100 deputies, and will deliver the parliament’s presidency a letter declaring that it is the largest parliamentary bloc.”

He added, "The coordinating framework is still hopeful, and we are on the threshold of the first session, to enter it with the Sadrist movement as a larger bloc that represents the Shiite component for the purpose of forming a government."

And he said: "If the Sadrist movement continues to refuse to enter with us in a government that agrees, we will go alone to enter the first session, in addition to those with us from some of the winning personalities and the winning independent candidates." https://ninanews.com/Website/News/Details?Key=949289

Dave  Mishaan al-Jubouri, same dude from yrs ago admitting that he had accepted millions in bribes.....

Dave   Sparky Figure Sadr will form a majority GOVT?

Sparky   ... I thought Sadr was the man, two elections ago ... still soso ...

Sparky   ... million man army and all ...

Dave   Sparky 165 votes......

Dave   though an Insurrection sounds possible

Dave   generally considered a desperate attempt to Force change...loss of life stuff like that .

Dave   the best plan.....?????

Sparky   Dave ... LOP, carry both categories, and float with economic growth ... imo ...

Dave  sorry cant fix that......

Sparky   ... delete the zero's ...

Dave   which float?

Dave   free or managed?

Sparky   ... off jump street, 1490, free float ...

Sparky  ... IQD?USD ...

Sparky  ...IQD/USD ...

Dave   did you read Kap's posts from yesterday?

Sparky   ... no ...

butterfly   The stability of the dollar exchange rate against the dinar in the local markets

............... The exchange rates of the US dollar against the Iraqi dinar stabilized today, Friday, in the local markets and exchanges in the capital, Baghdad.

The selling price of the dollar was 148.250 dinars per 100 dollars, while the purchase price was 147.250 dinars per 100 dollars.

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

butterfly   Here is another one: 2022-01-08 10:06

Shafaq News / The dollar exchange rates inched up slightly in the Iraqi market today, Saturday (January 08, 2022).

• The Kifah Stock Exchange recorded 147,850 dinars for $ 100.

• The Al-Harthiya Stock Exchange recorded 147,850 dinars for 100 dollars.

In Baghdad   Selling prices in the banking stores in the local markets

•Sale price: 148,250 dinars for $ 100 •Purchase price: 147,250 dinars for $ 100

Sparky   ...1482 is a wrong direction from 1170 ...

Sparky   ... 23% decrease in value ...

Dave   1000 dinar difference on 100 bucks.......BIG DEAL????

Sparky   ... no, 23% on your entire holdings ...

Sparky   ... minus ...

Dave   Exchanges make money some how....

Dave   Sparky yes gas now 8 bucks a gallon here......

Sparky  ... that's before bank and fina taxes and fee's, well before taxes ...

Sparky  ... all we can do now is hold ...

Sparky   ... and hope for reforms ...

Dave   those poor Iraqis holding all that IQD in their mattrresses too......

Dave  you pay more now fer everything........they cant

Sparky   ... 230,000 of 1 million ... in the red ...

Dave  MCP is all CBI really has

Dave   IMF dont like that either....

Dave   old conversations.....

Dave   WTO did not like IRAQS chunky money either

Sparky   ... the thrill is gone ... BB King ... https://youtu.be/SgXSomPE_FY ...

Dave   Try Somewhere over the Rainbow

Dave   LINK

Sparky   Dave ... proprietary, but check this facsimile ... https://youtu.be/6iuk1F0q2Nk ...

butterfly   This is a new one: United States contributes $6.4m to the Enterprise Development Fund in Iraq

IraqiNews January 8, 2022 Baghdad (IraqiNews.com) – The United States have contributed $6.4 million to the Enterprise Development Fund (EDF). According to the US Embassy in Baghdad, the United States’ injection has assisted over 350 businesses and created at least 1,500 jobs for Iraqi citizens.

 The International Organization for Migration (IOM) launched the EDF in 2018 with the intention to finance Small and Medium Enterprises (SME). Since the program was initiated, EDF has invested $17 million into Iraqi businesses, empowering the private sector to create nearly 5,000 jobs in Iraq. According to the IOM, the organization is a segment of the United Nations group.

 The EDF program has been backed by countries and unions aside from the United States including the European Union, Japan, Germany and the Netherlands. https://www.iraqinews.com/business/united-states-contributes-6-4m-to-the-enterprise-development-fund-in-iraq/

Sparky   ... jk ...

Dave   butterfly 6.4 million would build a 6 mile road here

Sparky   ... $6.4 million would probably last three weeks ...

Dave   think of the car you could buy fer that

Sparky   ... there's Barzani, Maliki, and Sadr ... split three ways ...

Dave   165 works......

Dave  plus 1 vote all that matters presently    then the GAMES BEGIN.......

Sparky   ... we've been through both Maliki and Sadr (Rep) ... and Barham Saleh ... still same 'ol same 'ol ...

Sparky   ... and a few in between ...If, and a big IF ... imo

Sparky  ^ three days ...... PM's and religious leaders aka Sistani controlled the show ...

Sparky   ... Iranian ..... Iraq is nothing more than a money exchanger for Iran ...... launderer ...

UNEEK   Tishwash: The death of the former governor of the Central Bank, Sinan Al-Shabibi

Today, Saturday, a medical source announced the death of the former Governor of the Central Bank of Iraq, Sinan Al-Shabibi.

In an interview with Alsumaria News, the source said, "Al-Shabibi passed away today in Geneva, Switzerland."

butterfly   UNEEK OH WOW

UNEEK   The Central Bank of Iraq mourns its former governor

January 08, 2022  The Central Bank of Iraq mourns its former governor

The Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb, mourned the death of the brilliant economic and banking personality, Professor Dr. Sinan Muhammad Reda Al-Shabibi, who passed away next to his gracious Lord after a long professional and scientific career.

He prayed to God Almighty to make his abode in heaven and to pay for the footsteps of the institution that he contributed to managing with dedication for nearly a decade.

We belong to Allah and to Him we shall return.

Central Bank of Iraq   1/8/2022

UNEEK   https://cbi.iq/news/view/1913

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