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Zig’s Place Chatroom News Tuesday Late PM 12-21-21

Zig’s Place Chatroom News Tuesday Late PM 12-21-21

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

Butterfly   The Central Bank announces the completion of the last remaining installment of Kuwait’s compensation

Tuesday 21 December 2021 23:05 The Central Bank of Iraq announced the completion of the last remaining installment of Kuwait's compensation, amounting to 44 million dollars.

The bank stated in a statement: "The payment of the last remaining installment of the State of Kuwait's compensation amounting to 44 million US dollars has been completed, and thus Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution 687 of 1991, A total of (52.4) billion US dollars for the State of Kuwait.

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He added: "It is hoped that ending the payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on re-integrating the Iraqi banking system into the global banking system and benefiting from the financial abundance that will be achieved." https://ninanews.com/Website/News/Details?key=946163

butterfly   Coordination Framework Lawyer: There is new evidence that we will present to the Federal Court

Tuesday 21 December 2021 23:57 The lawyer for the coordination framework, Muhammad Majeed Al-Saadi, announced the existence of new evidence that the framework will present to the Federal Court.

He said in a televised statement: "We will ask the Federal Court to choose expert programmers," noting that there are lawsuits submitted by political blocs and personalities that are not part of the coordinating framework.

And he indicated that: "It is not possible to set a specific time for deciding the appeals that were submitted to the Federal Court." https://ninanews.com/Website/News/Details?Key=946171

Butterfly   Oil Continues Work On The Offshore Pipeline To Export Crude Across The Gulf

Economic  Last Update 12/21/2121 | 11:10 AM 

The Ministry of Oil announced, on Tuesday, that the Oil Projects Company will continue its work by implementing the offshore pipeline project within the Japanese loan to contribute to increasing export capacity and providing more flexibility to pass Iraqi crude through the country’s ports on the Gulf.

Al-Sabah newspaper quoted a source at the Ministry of Oil as saying, “The project is focused on by the ministry due to its strategic importance at the level of the Iraqi oil industry,” noting that “the Oil Projects Company, since the beginning of the project last March, has focused on completing the onshore part of the third marine pipeline, hoping To be handed over to the beneficiary, the Basra Oil Company, next June.

The statement added, "The project consists of three sites, the first is the coastal valves area (BVS) and includes the activities of laying a 48-node pipe with the installation of valves with their accessories, as well as burial and stone packing works, in addition to the electricity building."

He continued, "The second site is located in the (Mini faw) area and includes laying and welding a 48-node pipe with a length of 750 meters, installing seven valves with civil works and implementing concrete rules, in addition to implementing a drainage basin, skimmer sender and propulsion system," noting that "the third site includes The central control building inside the Faw warehouse with all its details. https://almaalomah.me/2021/12/21/572029/

butterfly   Here is another article about it: 2021-12-21 14:40

Shafaq News/ The Central Bank of Iraq announced, on Tuesday, that Iraq paid the last payment to Kuwait, amounting to 44 million dollars.

The Bank said that "the last installment of the State of Kuwait's compensation was paid.”

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"Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council, with a total of 52.4 billion US dollars for the State of Kuwait."

It added, "It is hoped that the last payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on reintegrating the Iraqi banking system into the global banking system."

Under the United Nations Compensation Commission (UNCC), Kuwait and Iraq agreed that payments would gradually increase from 0.5 percent of Iraqi oil proceeds in 2018 to 1.5 percent in 2019 and 3 percent in both 2020 and 2021.

Located in Villa La Pelouse within United Nations Office in Geneva, Switzerland., UNCC was created to process claims and pay compensation for losses and damage suffered due to Iraq's unlawful invasion and occupation of Kuwait in 1990-91. https://www.shafaq.com/en/Economy/Iraq-fulfills-its-obligations-to-Kuwait-under-UNCC-supervision

butterfly   Iraqi Sunni parties compete for parliament speaker 2021-12-21 15:31

Shafaq News/ The recent announcement of a new Sunni alliance headed by wealthy businessman Khamis al-Khanjar opens a new chapter in the ongoing competition over the political leadership and spoils in post-election Iraq. The New Determination bloc, so far made up of 34 winners in the October election and hailing from five small parties, represents a serious challenge to Mohammed al-Halbusi’s political claim of Sunni representation in Baghdad.

As the top Sunni winner with 37 seats, Halbusi’s Progress bloc, drawing several independent winners, now has 43 seats, making it the single most powerful Sunni player. The formation of Khanjar’s new bloc, with its membership likely to grow, represents a serious challenge to Halbusi’s political ambitions of leading the Sunnis.

The immediate bone of contention between the two alliances is the speakership of the new parliament. Reserved for Sunnis in Iraq’s ethnosectarian power-sharing formula, the speakership carries with it the most political leverage and economic patronage a Sunni could aspire to.

As the speaker of the outgoing parliament, Halbusi used the post to build his political base, pursuing a reconstruction campaign in Ramadi that earned him popular support, translating into his alliance’s electoral win in the recent election.

Khanjar’s alliance formation is widely seen to challenge Halbusi’s ambition to hold the speakership again. His move to form the alliance was worrying enough to Halbusi that he visited the businessman in Baghdad shortly after the alliance was announced, despite the bitter personal hostility between the two that was on display during the run-up to the election.

butterfly   Following the meeting, Halbusi said in a tweet that the meeting “stressed the importance of solving the dossiers of the disappeared, returning the displaced and reconstructing the liberated cities.” The reference to the “dossiers of the disappeared” is a concessionary nod to Khanjar’s main election theme and criticism of Halbusi's politics.

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Halbusi’s rise to the speakership in 2018, based on a deal with the Shiite Fatah Alliance, essentially meant that he should keep silent about the Sunni “disappeared,” referring to those killed and buried in mass graves by Shiite militias and to the imprisonment and execution sentences issued by Iraqi courts based on false reports and confessions extracted under torture.

The Popular Mobilization Units, heavily represented in the outgoing governing Fatah Alliance, were accused of human rights abuses against Sunnis during the military campaign against the Islamic State, including forcing Sunnis out of the Jurf al-Sakhar area southeast of Baghdad.

Khanjar repeatedly talked about returning the displaced to this area. The joint statement from the meeting emphasized the intention of the two alliances to press with the Shiite “political partners” a number of “strategic dossiers including those of the disappeared and the displaced.”

butterfly   Far from the appearance of Sunni unity in the joint statement the two alliances tried to project by “forming a unified negotiation team” to “negotiate with other [non-Sunni] partners,” Khanjar’s New Determination is careful not to rush into overarching alliances.

Seeing in Khanjar’s new bloc a political opportunity to win Sunni allies to form the largest parliamentary bloc, the Shiite Coordination Framework sent Nouri al-Maliki, leader of the State of Law Coalition, to visit Khanjar shortly after Halbusi’s visit. Insiders told Al-Monitor that Maliki tried to convince Khanjar to join the Coordination Framework in return for a top position in the new government, possibly vice president or speaker of the parliament.

Khanjar’s response was noncommittal, emphasizing in an official statement that his alliance is committed to “a national dialogue with all, without backing one side at the expense of the other.” Realizing the Framework is fighting an uphill battle against the better-organized Sadrists, the top winners in the national election, Khanjar is likely expecting a better deal with them.

New Determination’s biggest challenge is internal. It is the fragility of the alliance itself as it lacks a common goal beyond the anger at Halbusi’s perceived autocratic ways and the desire by many of its members, including Khanjar himself, to get better local deals in Sunni areas. Insiders told Al-Monitor that Khanjar is willing to support Halbusi’s bid for the speakership in return for relinquishing the Al-Anbar governorship to New Determination.

The leader of the Masses (Jamahir) party, Ahmed al-Jiburi, known as Abu Mazin, a skilled political survivor, aims by joining Khinjar’s alliance to put pressure on Halbusi to get back to his party the governorship of Salah Aldin after its current governor, Ammar al-Jiburi, left Abu Mazin’s party last year to join Halbusi’s Progress party.

butterfly   It is difficult to see how Khanjar’s alliance, more defined around opposition to Halbusi than anything else, will survive as a coherent bloc beyond the formation of the new government in Baghdad.

Source: Al-Monitor

butterfly   Dividing the Divided: Enhancing Al-Sadr's Chances of Forming a Majority Government in Iraq

The consultations to form the Iraqi government witnessed new developments. In addition to the coordination framework’s rejection of the election results, and its awaiting the decision of the Federal Supreme Court on December 22 on the appeals submitted to cancel the election results, attempts to overcome differences within the Sunni and Kurdish blocs have failed, at the time when a bloc was established. A new opposition crosses the Arab-Kurdish sectarian divisions under the name “For the People”.

Changes in the political landscape:

During the past few days, the Iraqi arena witnessed a number of political moves, which can be highlighted in the following points:

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1- The inability of the Kurds to overcome their internal differences: The main Kurdish political forces, represented by the Kurdistan Democratic Party and the Patriotic Union of Kurdistan are still unable to overcome their differences, which is evident in their failure in the coalition to form a unified political alliance, in order to negotiate with other political forces In Baghdad, about their next candidate for the presidency, and the rest of the positions that are considered by the Kurds.

butterfly   Kurdish delegations affiliated with the two main parties negotiated with the Iraqi political forces individually, without announcing that any understandings had been reached, including a meeting of a delegation from the Kurdistan Democratic Party with the State of Law coalition led by Nuri al-Maliki and the Sadrist movement led by Muqtada al-Sadr on December 12 each Separately.

Although it is noticeable that the Kurdistan Democratic Party revealed that its understandings with the Sadrist movement, regarding the formation of the next Iraqi government, are more advanced than the understandings with the coordinating framework.

The main reason for the internal Kurdish dispute is due to the Kurdistan Democratic Party’s desire to bypass previous understandings with the Patriotic Union of Kurdistan regarding the position of the President of the Republic. The General of the Patriotic Union of Kurdistan, represented by Jalal Talabani at the time, assumed the presidency of Iraq, in exchange for the leader of the Kurdistan Democratic Party, Massoud Barzani, assuming the presidency of the Kurdistan region of Iraq.

The Patriotic Union of Kurdistan insists that the party's candidate take the position of head of state, while the Kurdistan Democratic Party believes that taking this position has become its right, especially after it managed to win most of the votes of Iraqi Kurds.

butterfly   The recent period witnessed an attempt to resolve the dispute, as the Kurdistan Democratic Party tended to grant the position to the Patriotic Union; Provided that another leader of the National Union is nominated for this position, with the exclusion of the current president, Barham Salih. However, the head of the union, Bafel Talabani, still insists on nominating Saleh for the position of President of the Republic.

Even in the event that the two Kurdish parties fail to agree, they can return to the “2018 formula,” when both parties put forward their candidate for the presidency, and Barham Salih was elected, at that time, as head of state, while the losing Kurdistan Democratic candidate, Fuad Hussein, took over the portfolio of foreign affairs. .

2- Continuing Sunni differences: The Sunni scene is dominated by two main alliances, namely the Alliance of Progress led by Muhammad al-Halbousi, which ranked first among the Sunni Arabs by obtaining 43 seats in the October 2021 elections, as well as the “Azm” alliance, which Khamis Khanjar announced its founding.

On December 11, from a coalition that includes five political forces: the Azm Alliance (14 seats), the Mass Party bloc, the Hasm Movement for Reform, and deputies from the National Contract Bloc, and the Arab Alliance in Kirkuk. The new bloc has about 34 deputies.

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butterfly   The past few days witnessed preliminary consensus between the two sides to form a single alliance to negotiate with other political forces. However, these understandings face challenges. It seems that one of the reasons for the dispute is the failure of understanding about the identity of the position of Parliament Speaker, as Al-Halbousi expresses a desire to retain the position, which the Azm Alliance expressly opposes, and who wants to replace al-Halbousi with another figure affiliated with the Azm Alliance.

On the other hand, it is noted that there are divisions in political positions between the two sides. While the Alliance of Azm is closer to the coordination framework close to Tehran, the Alliance of Progress is the closest to the Sadrist movement.

3- Establishment of an Arab-Kurdish opposition alliance: The civil forces that won the last parliamentary elections sought to unify their position within the new Iraqi parliament during the coming period, which was crystallized in the establishment of an opposition civil-political alliance called “For the People” on December 15, 2021, which is considered The first of its kind, which consists of 28 winning members in the last elections.

This new alliance includes the civilian “Extension” movement headed by Alaa Al-Rikabi, as well as members of the “New Generation” movement led by Shaswar Abdul Wahed, which is active in the Kurdistan region of Iraq. It is noted that such a bloc is the first cross-ethnic bloc of Arab-Kurdish divisions in Iraq since 2003, which seeks to be the nucleus of a parliamentary opposition that adopts the slogans and demands of the “October Uprising.”

4- Continuing the escalation of the coordination framework: The forces affiliated with the coordination framework, which lost the last elections, led by the Al-Fateh Alliance, which represents the militias of the Popular Mobilization Forces affiliated with Iran, continue to call on their supporters to demonstrate and protest near the Green Zone in Baghdad to confirm their continued rejection of the election results, and to exert pressure The political forces opposed to them, represented by the Sadrist movement, should accept the formation of a consensus government with them, or put pressure on the Federal Supreme Court to cancel the elections.

The Federal Supreme Court announced the postponement of the consideration of complaints and appeals submitted to cancel the election results, some of which were submitted by the head of the Al-Fateh Alliance, Hadi Al-Amiri, to December 22, in the second postponement of its kind. The list, so that its decision, whether to confirm the results of the elections, which is likely, or to cancel them, would not cause the outbreak of conflict between the Iraqi Shiite parties.

Implications for the formation of the government:

butterfly   The previous political developments in the Iraqi arena are reflected in the efforts to form the new government, which is evident in the following:

1- Al-Azm Alliance approaching the coordination framework: It is expected that more coordination and consensus will occur between the “Al-Azm” alliance headed by Khamis al-Khanjar, and some components of the coordination framework, in light of their meeting about refusing to renew the three presidencies, as some forces affiliated with the coordination framework refuse to renew the mandate A second for Mustafa Al-Kazemi, the Iraqi Prime Minister, while the Sunni “Azm” coalition expresses its rejection of naming Al-Halbousi for a second term in parliament.

The coordinating framework may tend to expand its current alliance, so that it is not limited to Shiite forces, but also includes Sunni forces close to its orientations represented by the Alliance of Resilience, and this is supported by the framework’s announcement of the establishment of a political institution that includes the forces of the coordination framework, independent political forces and the forces of other components to form the next government. This is in an attempt to steal the entitlement to form the next government from the Sadrist movement, or at least deprive al-Sadr of the votes necessary to form a majority government, which eventually leads him to accept the formation of a consensual government in cooperation with the coordination framework.

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butterfly   2- The crystallization of understandings between al-Sadr, al-Halbousi and al-Barzani: The Sadrist movement (73 seats) is close to an alliance led by al-Halbousi (43 seats) and the Kurdistan Democratic Party (31 seats), meaning that this alliance, if it is officially announced, will have about 147 seats, meaning that it It needs only about 18 seats, to reach the number of seats needed to form a majority government, estimated at 165 seats in parliament.

Even if the Patriotic Union of Kurdistan (18 seats) aligned with the coordination framework, and refused to join the Sadrist movement, which is unlikely, the coordination framework will not be able to form the Iraqi government, given that the “For the People” list has about 28 seats, in addition to being The closest to the Sadrist movement in political positions than the coordination framework, given that some of its components emerged from the October Revolution, which aims to weaken Iranian influence over Baghdad.

In conclusion, most of the developments in the Iraqi political arena over the past days point to the failure of the coordination framework so far to enhance its chances of forming the next Iraqi government, or pressure on al-Sadr to form a consensus government that does not exclude him, which means that the coordination framework will count The Federal Court to annul the election results.

butterfly   In the event that the latter acknowledges the validity of the Iraqi elections, he will have only two options, either resorting to violence or negotiating with al-Sadr, and perhaps al-Sadr’s refusal to meet with representatives of the coordination framework until after the Federal Supreme Court announces its ruling is an indication that al-Sadr is ready to reach understandings with The coordination framework, but after the latter presented realistic demands that take into account the decline in his popular weight, which means abandoning his demand to reject the nomination of the Iraqi Prime Minister, Mustafa Al-Kazemi, for a second term.

https://rawabetcenter.com/archives/139714

butterfly   Another article............. The Central Bank of Iraq officially announces the completion of the payment of compensation to Kuwait

Pratha News Agency 100 2021-12-21   Today, Tuesday, the Central Bank of Iraq announced the completion of the payment of compensation for the State of Kuwait.

The Central said in a statement that "the payment of the last remaining installment of the State of Kuwait's compensation amounting to (44) million US dollars has been completed, and thus Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution No. (687) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait.

It is hoped that the termination of the payment of compensation, according to the statement, will "contribute to removing Iraq from Chapter VII, as well as its impact on re-integrating the Iraqi banking system with the global banking system and benefiting from the financial abundance that will be achieved."

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The UN Compensation Committee was formed in 1991, obligated Baghdad to pay $ 52.4 billion in compensation to individuals, companies, governmental organizations and others who incurred losses resulting directly from the invasion of Kuwait.

Iraq stopped making payments in 2014 during the war on ISIS, which controlled large parts of the country, but resumed payments in 2018.

butterfly   https://burathanews.com/arabic/economic/404753

Sheila   @TWW What say you this evening, good and kind sir?

TWW  sheila Improving more & more ea day. Felt kinda cool to fly a few wks ago. Hope u r doing yung lady

Sheila  TWW excellent! went back to work 24-30 hours... got some cash flow. not strapped to cover expenses. told the other half of me tonight, he's giving me 5M bolivar for Christmas, LOL -  less than 20 bucks... he's getting off cheap. LOL LOL LOL

TWW  sheila 500, way cool, niceother half...   :Wheelbarrow:   :Car:  ooppppssss, 500,000,000.00 nice

Sheila TWW 5M bolivar. Heard tonight it might revalue at .22 to .55 cents. great exchange rate.

TWW   sheila nice ROI, hopefully :Wheelbarrow:

Sheila TWW this Holly sounded pretty solid on her rumtel.

TWW  sheila Do u trust her & her info??

Sheila TWW trust yet verify... I have no sources of my own to counter her points.

TWW  sheila How abt this new guru, Wolverine??

Sheila TWW Same goes for Wolverine. His words impress me with military connections.

TWW  sheila The wolverine (also spelled wolverene), Gulo gulo (Gulo is Latin for "glutton"), also referred to as the glutton, carcajou, or quickhatch (from East Cree, kwiihkwahaacheew), is the largest land-dwelling species of the family Mustelidae. It is a muscular carnivore and a solitary animal./..LOLOLO

Sheila  TWW Is that good or bad?

TWW  ?????????????? lololol

Sheila @TWW I read most of their postings on www.dinarrecaps.com. They seem to do good job providing content and source links.

Sheila @TWW When I saw Wolverine posting, I thought about the movie character played by Hugh Jackman.

TWW  Allways wonder abt the word :SOURCES? WHO??

Sheila @TWW take good care of yourself here in the final stretch. later sweetness

 

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