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Zig’s Place Chatroom News Tuesday AM 12-28-21

Zig’s Place Chatroom News Tuesday AM 12-28-21

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Butterfly   Iraq tops the list of the most Arab purchases of real estate in Turkey

Monday 27 December 2021 The Turkish Statistics Authority announced today, Monday, that the Iraqis ranked first as the most Arab people buying real estate in Turkey during the past months of this year.

The authority said in a report: "House sales to foreigners increased by 39.4% between January and November and became 50,735 homes, compared to 40,800 homes during the past year."

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And she added, "The Iraqis led the Arab countries in buying real estate in Turkey during this period, as they bought 7,622 homes, Kuwait came second with 1,825 homes, Yemen third with 1,169 homes, and Palestine fourth with 1,146 homes."

She pointed out that "Jordan came in fifth place by buying 1,074 houses, Egypt came sixth with 1,3 houses, Lebanon seventh with 849 houses, and Sudan eighth with 624 houses."

The commission explained that "the demand for home purchases by foreigners increased during the month of November, reaching 7,363 homes, compared to October, in which purchases of Turkish homes reached 5,893 homes." https://ninanews.com/Website/News/Details?key=947069

butterfly   Oil prices are rising and approaching the $80 threshold, and Brent is at 79.60 a barrel

Tuesday 28 December 2021 Oil prices rose, today, Tuesday, to their highest level in a month, which they reached in the previous session, against the background of expectations that the Omicron variant of the Corona virus will have only a limited impact on global demand.

US West Texas Intermediate crude rose $ 76.57 a barrel, achieving gains for the fifth consecutive session.

Brent crude approached the $80 threshold, recording 79.60 a barrel. https://ninanews.com/Website/News/Details?key=947370

butterfly   / NINA / publishes a list of the winners of the House of Representatives elections approved by the Federal Court

Tuesday 28 December 2021 National Agency publishes the Iraqi News / Nina / list the names of the winners of the membership of the Iraqi Council of Representatives 2021 ratified by the Federal Supreme Court sent to the Presidency for approval ... In the following link names ..

Https://drive.google. com/file/d/1RAw5Sp09uWOv5u6GAUs6a3TPcf-qguB3/view?usp=drivesdk

The Independent High Electoral Commission had called today, Tuesday, for the Presidency of the Republic (based on the provisions of Article 54 of the Constitution), to ratify the final results of the general elections for the membership of the Iraqi Council of Representatives for the year 2021, after the approval of Federal Supreme Court on the findings.

The Electoral Commission has sent a list of the winners for membership in the Iraqi Council of Representatives 2021 approved by the Federal Supreme Court. https://ninanews.com/Website/News/Details?key=947378

butterfly   The countdown to the convening of the new Iraqi parliament: the start bell for the alliances race

12-28-2021   The countdown to the convening of the new Iraqi parliament - the start bell for the alliances raceYesterday, Monday, the approval of the Iraqi Federal Court on the results of the legislative elections that took place on the tenth of last October, closed 11 weeks of political debate over the results, and opened the door wide for the winning and losing political forces to proceed with the formation of alliances before the first session of Parliament The new, which is supposed to be held within 15 days of ratification, that is, no later than the eleventh of next month.

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The movement began towards forming alliances from the “coordinating framework”, which includes the forces objecting to the election results, most notably the “state of law coalition” headed by Nuri al-Maliki, the “Al-Fatah” alliance led by Hadi al-Amiri, the “state forces” alliance headed by Ammar al-Hakim, and other forces.

The director of the office of the head of the State of Law Coalition, Hisham Al-Rikabi, said that the “coordinating framework” will begin by sending and receiving delegations regarding serious discussions related to alliances, explaining during a press statement that the approval of the Federal Court on the results will contribute to drawing the Iraqi political map.

butterfly   Arab reports

Iraq’s entitlements after the approval of the election results: How are the presidencies chosen?

He pointed out that “the current stage will be a starting stage to search for alliances that are consistent with the framework’s vision in forming a consensus government,” adding: “Many forces, including Sunni and Kurdish, share the framework with the principle of consociationalism, and therefore there is no red line or veto on their joining the declaration of political alliances.” cross-sectarianism.”

Al-Rikabi added that “the framework forces and those who will join them want a more stable and effective political process in performing constitutional duties, working to reform the economic and political reality and moving from the stage of quotas to participation by all in the government.”

The desire of the “coordinating framework” to form a consensus government may clash with the position of the leader of the “Sadr movement” Muqtada al-Sadr, who reiterated the need to form a “national majority” government during a statement issued yesterday, Monday, after the election results were approved.

Well-informed political sources told Al-Araby Al-Jadeed that the Sadrist movement wants to form a majority government, explaining that it will send delegations to negotiate with the winning forces in the elections, most notably the Kurdish ones, as well as those representing the northern and western governorates, with the aim of reaching understandings regarding forming the next government.

butterfly   The news of the Federal Court officially ratifies the results of the Iraqi elections and pointed out that the current is aware that the countdown to holding the first session of Parliament has begun, so its moves towards other forces will be quick to resolve the broad lines of understandings before the parliament session, indicating that the end of next week may witness the emergence of features The forces that will lead the scene during the next stage.

She indicated that the dialogues in the coming days will focus on understanding with the coalitions “Progress” and “Al-Azm” regarding the Speaker of Parliament, because the first session of the new House of Representatives must witness the election of a Speaker of Parliament for four years in accordance with the constitutional contexts.

Meanwhile, the leader of the “Azm” coalition, Jamal Karbouli, called on the political forces to abide by the constitutional deadlines, calling for the formation of a government capable of ending 18 years of suffering.

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Sources close to the coordinating framework forces suggested that the protests organized by supporters of the forces opposing the election results would end today, Tuesday, and told Al-Araby Al-Jadeed that the general trend is to withdraw from the approaches of the Green Zone. And ending the protests after the framework forces announced their commitment to the court’s decision.”   rawabetcenter.com

butterfly   Zwipe, INC to pilot Biometric Payment Cards in Iraq 28th December 2021 in Iraq Banking & Finance News .......... Norwegian biometric authentication firm Zwipe and International Network for Cards and Digital Payment Services (INC) have announced that they will pilot Biometric Payment Cards in Iraq.

According to a press release from Zwipe, this will be the first biometric payment card pilot in the country, and INC will be offering issuance of white label biometric cards as a service for banks and other payment companies.

In collaboration with Zwipe, INC will incorporate biometric payment cards in its portfolio and offer it as a standard payment product to its client banks in the Iraqi market, with the first client being INC's own NEO Visa cards which will be introduced as the first biometric plastic cards in Iraq.

This development was made possible through INC's strategic partner Nymcard which confirmed in September 2021 its collaboration with the Norwegian technology company Zwipe to bring biometric payment cards to the MENA region.

(Source: Zwipe) https://www.iraq-businessnews.com/2021/12/28/zwipe-inc-to-pilot-biometric-payment-cards-in-iraq/

butterfly   CBI cashes $47 million in Tuesday's currency auction..expert: cash sales hinder depreciation 2021-12-28 06:47

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

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction amounted to 202,629,408, 5.16% below yesterday's $213,071,890. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 18 banks and 217 exchange companies cashed out $47.94 million, while the remaining $154,689,408 went to boost funds abroad in the form of credit and non-cash transactions, with 25 banks meeting those demands.

In a statement to Shafaq News Agency, financial expert Hilal Tahhan, "the CBI cash sales suffices the domestic market. The commercial activity and imports are funded by the non-cash and credit transactions, which amount to the bulk of the CBI sales."

"The CBI cash sales restricted the rise of the dollar exchange rates," he said, "the cash sales average $50 million a day, which is enough to meet the market's daily demand." https://www.shafaq.com/en/Economy/CBI-cashes-47-million-in-Tuesday-s-currency-auction-expert-cash-sales-hinder-depreciation

butterfly  Dollar exchange rates in Iraq 2021-12-28 01:46

Shafaq News / The dollar exchange rates dropped in the Iraqi market today, Tuesday (December 28, 2021).

• 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

In Erbil, the capital of the Kurdistan Region   Selling prices in the banking stores in the local markets

•Sale price: 147,900 dinars for $ 100   •Purchase price: 147,700 dinars for $ 100 https://www.shafaq.com/en/Economy/Dollar-exchange-rates-in-Iraq-1-9-3

butterfly   Iraq urged to 'starve’ those profiting from rising drug trade

An apparent increase in drug trafficking into the country from both its eastern and western borders, with fallout from instability in Afghanistan and 'mafia' groups in Syria as well as use of illicit substances in Iraq, has raised concern. https://www.al-monitor.com/originals/2021/12/iraq-urged-starve-those-profiting-rising-drug-trade

butterfly   Iraq's top court ratifies election results after rejecting fraud claims

The Iran-backed Fatah Alliance and other Shiite groups had contested the election results, saying there were many irregularities https://www.thenationalnews.com/mena/2021/12/27/iraqs-supreme-court-dismisses-claims-of-fraud-in-october-elections/

butterfly   A look back at 2021 in Iraq: a year of hopes and challenges

From visits by senior world leaders such as Pope Francis to security and political upheavals, Iraqis experienced ups and downs https://www.thenationalnews.com/mena/iraq/2021/12/27/a-look-back-at-2021-in-iraq-a-year-of-hopes-and-challenges/

 

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