Zig’s Place Chatroom News Thursday AM 1-27-22

Zig’s Place Chatroom News Thursday AM 1-27-22

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Butterfly   Al-Maliki comments on Al-Sadr's condition to exclude him: I'm open-handed for the interests of Iraq 2022-01-27 08:36

Shafaq News/ The State of Law Coalition leader commented to the Sadrist movement leader, Muqtada al-Sadr, who expressed readiness to cooperate with all the Shiite Coordination Framework in the new government except for Nouri al-Maliki.

"Usually, in my political and social life, I do not comment to those who personalize the national political differences, and I respond to them in the political and security fields, in defense of Iraq and the security of citizens." Al-Maliki said on Twitter.

"from a position of strength, power, and a sense of responsibility, I say to everyone looking for disagreements, grudges, and hatred; I'm open-handed for the best relations that are in the interest of Iraq and its people" the Head of the State of Law added.

Al-Maliki said that if the relations are not for the country's interest, "I do not like and do not welcome any partnership with any party."

On Thursday, the Al-Fateh Alliance revealed that the leader of the Sadrist Movement, Muqtada Al-Sadr, offered the portfolio of the Ministry of Interior to Hadi Al-Ameri in exchange for disengaging the alliance with the Head of the State of Law coalition, Nouri Al-Maliki.

The leader of Al-Fateh, Ali Al-Fatlawi, told Shafaq News Agency, "The Framework refuses to leave the State of Law coalition leader alone in the opposition and not participate in the next government. His coalition has many parliamentary seats which entitled him to assume three Ministerial portfolios in the next government."

butterfly   "Muqtada al-Sadr, presented to the leader of the Fatah Alliance Hadi al-Amiri the portfolio of the Interior Ministry, in exchange for entering into one alliance with the Sadrist bloc and forming a majority government without Al-Maliki."

Al-Fatlawi confirmed that this proposal was rejected, and Al-Amiri stressed that the Framework would ally as one unit. Otherwise, it will turn to the opposition or the boycott."

Earlier, A source in the Shiite Coordination Framework revealed that the Head of the "Fatah" alliance would submit a proposal to the Sadrist Movement leader, Muqtada al-Sadr, regarding the formation of the next Iraqi government.

The source told Shafaq News Agency that today, Al-Amiri would hand over Al-Sadr a proposal that the Framework parties participate in the "Majority" government with the Sadrist.

"The State of Law Coalition will also participate in the new government along with the Al-Fateh Alliance and the Sadrist, but its head, Nouri al-Maliki, will not assume any executive position in the next government, according to al-Sadr's condition."

Muqtada al-Sadr, the Kurdistan Democratic Party, Takadum, and Azm alliances tried to include the Shiite Framework into the next government to no avail.

Al-Sadr rejects any participation for al-Maliki, (a prominent part of the Framework) in the national majority government.

Al-Sadr said in a televised speech, "I invited Hadi Al-Amiri, Qais Al-Khazali, and Faleh Al-Fayyad (leaders of the Framework) to participate in the majority government, on condition that Al-Maliki would not participate, but they refused."

He said he will ally with "whoever puts Iraq's national interests first." That is an indication, Iraqi officials and Western diplomats say, that he may exclude some Iran-backed Shiite blocs in favor of parties with cross-sectarian support.

butterfly   The Sadrist bloc emerged as the clear winner with 73 seats in the 329-seat parliament. Takadum party, one of two main Sunni political groups and led by the speaker of the outgoing parliament Mohammed al-Halbousi, followed with 37 seats. Former prime minister Nouri al-Maliki's State of Law bloc came third with 33 seats.

The Iran-backed al-Fatah Alliance won only 17 seats, compared with 45 in 2018.

The Kurdistan Democratic Party (KDP) won 31 seats, while the Kurdistan Alliance, led by the Patriotic Union of Kurdistan (PUK), won only 17 seats. https://www.shafaq.com/en/Iraq-News/Al-Maliki-comments-on-Al-Sadr-s-condition-to-exclude-him-I-m-open-handed-for-the-interests-of-Iraq

butterfly   Parliament to vote for a president o February 7th 2022-01-27 09:06

Shafaq News/ Iraqi parliament will hold a vote to determine who will succeed the incumbent President of the Republic, Barham Salih, on February 7th.

Endorsed by the Patriotic Union of Kurdistan (PUK), Salih will be running for a second term in office.

However, the Kurdistan Democratic Party (KDP), who secured 31 seats in the recent parliamentary election-well ahead of the PUK's 18, has put forth the name of Hoshyar Zebari, a member of the KDP's Politburo and Iraq's former Minister of Foreign Affairs.

Talks between the PUK and KDP collapsed with the two leading Kurdish parties engaged in a strained war of words heated with reciprocal recriminations.

A few days after lifting their suspension following an order by Iraq's supreme court, the Parliament Speaker, Mohammad al-Halboosi, and his deputies convened earlier today to deliberate the procedures related to nominating and electing the next president.

A statement issued afterward said that the parliament presidium will announce a list of eligible candidates on January 31st. https://www.shafaq.com/en/Iraq-News/Parliament-to-vote-for-a-president-o-February-7th

butterfly   CBI sells +200$ million in the currency auction today 2022-01-27 06:52

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency today, Thursday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in this today’s auction amounted to $203,325,745. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that six banks and 90 exchange companies cashed out $21,300,000, while the remaining $182,025,745 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands. https://www.shafaq.com/en/Economy/CBI-sells-200-million-in-the-currency-auction-today

butterfly   Oil falls as U.S. Fed's pending interest rate hike spooks investors 2022-01-27 00:35

Shafaq News/ Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the U.S. Federal Reserve will tighten monetary policy in the world's biggest oil user.

Futures pulled back amid a broader decline in financial markets triggered by the March interest rate increase telegraphed by the Fed and as the dollar climbed against its major peers. Dollar-denominated oil becomes more expensive for buyers using other currencies when the greenback gains.

Brent crude futures were down 57 cents, or 0.9%, to $89.18 a barrel at 0440 GMT, after earlier falling by as much as 1.1% to $89. Brent climbed 2% on Wednesday.

U.S. West Texas Intermediate (WTI) crude futures were down 83 cents, or 0.9%, to $86.52 a barrel, after falling by as much as 1.2% to $86.34. WTI gained 2% in the previous session.

"It could be a strong U.S. dollar at play after the Federal Open Markets Committee signalled rates will rise," said Commonwealth Bank analyst Vivek Dhar.

The dollar rose on higher U.S. Treasury yields, lifting the U.S. dollar index, which measures the greenback against major peers, to 96.604, near five-week highs.

Crude prices surged on Wednesday, with Brent climbing to $90 a barrel for the first time in seven years, amid the tensions between Ukraine and Russia, the world's second-largest oil producer, that has fanned fears of energy supply disruptions to Europe.

butterfly   Commonwealth Bank's Dhar echoed those concerns, listing that along with the Omicron coronavirus variant not impacting oil demand as badly as initially feared and efforts by OPEC and its allies, known as OPEC+, to boost supply not materialising as supportive for oil prices.

OPEC missed its planned supply increase target in December, highlighting capacity constraints that are limiting supply as global demand recovers from the COVID-19 pandemic.

OPEC+ is gradually relaxing 2020's output cuts as demand recovers from the demand collapse that year. But many smaller producers can't raise supply and others have been wary of pumping too much in case of renewed COVID-19 setbacks.

"Continued supply challenges and mounting Russia-Ukraine tensions continue to support crude oil prices. It is down slightly today but I think it is nothing more than a technical move," said Howie Lee, economist at OCBC in Singapore.

An increase in crude oil and gasoline inventories in the United States alleviated some of the concerns about supply.

Crude inventories rose by 2.4 million barrels in the week to Jan. 21 to 416.2 million barrels, compared with analysts' expectations in a Reuters poll for a 728,000-barrel drop, the Energy Information Administration (EIA) said on Wednesday.

Gasoline stockpiles rose by 1.3 million barrels last week to 247.9 million barrels, the EIA said, the most since February 2021.   Source: Reuters

Xyz  The Ministry of Finance creates a new logo for it

Today, Thursday, the Iraqi Ministry of Finance introduced a new visual identity for the ministry.

A statement of the ministry, a copy of which was received by Al-Furat News Agency, said: “The new logo that inspired the design of the new visual identity of the Ministry of Finance from the ministry’s vision, which stems from its core values of solidity, stability, and sustainability, and draws the features of its work through visual elements inspired by its civilization depth. cultural and national.

“The new logo bears a set of connotations that reflect the ministry’s vision and strategies in work and communication,” he added.

The statement pointed out that “of these indications, {palm fronds}, which represents an Iraqi symbol of sustainability and goodness rooted in Iraq, and (ornament and lock), which are considered a visual symbolism inspired by Baghdadi motifs, and bear an indication of the strength and solidity of the ministry’s work, financial strategies, and its cultural and civilizational depth.

He pointed out, “Writing the name of the Ministry of Finance using one of the most important and oldest Arabic fonts, which is the ‘Third’ font, which is consistent with the importance of the role played by the ministry in all its formations.”

The Finance noted that “the green color expresses the distinctive feature of the visual identity in terms of the land of Iraq, which was called the land of blackness due to the abundance of green in it, and it is an indication of the continuity of goodness,” explaining that “this slogan will be adopted in official correspondence and the symbolism of the Ministry of Identification.”   LINK

xyz    Al-Halbousi sets the parliament session to elect the President of the Iraqi Republic

The presidency of the Iraqi parliament announced on Thursday setting the seventh of next February as the date for holding the special session to elect the new president of the republic.   LINK

xyz   butterfly how is the flying?

butterfly  cold xyz

xyz   No freezing while on flight

butterfly   I will be glad when I can complain about how hot it is.

xyz   RV gonna transform @Kaperoni pocket to red hot and float all the way to North pole jejeje

butterfly   xyz OMG lol

xyz   BBL

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