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Samson: Al-Kazemi’s advisor: Stabilizing contracts and appointing health professionals and higher certificates are not linked to the budget

3rd August, 2022

The technical advisor to the Prime Minister, Haitham al-Jubouri, confirmed today, Wednesday, that there is no government direction to reduce the exchange rate of the dollar against the dinar, and while he acknowledged the difficulty of approving the 2022 budget, he made it clear that fixing contracts and appointing health professionals and holders of higher degrees is not linked to its approval.

Al-Jubouri said, to the official agency I followed (the first news), that "the revenues generated by the rise in oil prices are temporary and cannot be relied upon in drawing up long-term economic plans, as they fall within the ebb and flow during the current time, which depends on global demand and supply."

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Samson: Basra, the official working hours are suspended from Thursday to Monday

2nd August, 2022

Today, Tuesday, Basra Governorate announced the suspension of official working hours due to high temperatures for three days.

The governorate said in a statement received by (Al-Oula News) that "it was decided to suspend the official working days on Thursday, Sunday and Monday due to high temperatures." LINK

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MilitiaMan: From the articles (see below) we can clearly see there is a desire for the Sadrist, Coordination Frame work, present government and others to dissolve parliament and the PM has the necessary powers to do so.

Necessary powers or necessary mechanisms are the vehicles used to get dissolution and the country off and on to early elections.

It is apparently agreed upon by most all parties. With Kahdimi's statements today we can see support that dissolution is likely in motion.

An announcement of that should be in very short order, as early elections will need to be called for within 60 days. Also, to note there are very large contracts that have time lines to them.

As we know, too there is a time frame for the BUNA to start clearing the IQD in the second half of 2022. Also, there is support that all banks in Iraq must be in compliance to communicate with the CBI for the new electronic platform by 08/15/2022.

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AshleyD: as you mentioned earlier the 15th is the back side, lets hope it gets done or else everything is back to square one and many look like fools. IMO the dissolution of the govt and restarting elections sets this thing way back even further, please elaborate if I am missing something. IMO one day soon the IMF/UN is gonna say Iraq you are hopeless continue to exist at a program rate.

Tivon: Dissolution puts in place constitutional legislation that the EFSL is based on. Which gives Al-Kazemi full powers to enact laws put on the back burner.

That is why they are not doing a 2022 budget. They want a entire new clean slate before 2023. That way when they do a budget for that year they can start on new things.

Keep in mind that the Oil & Gas Law can be passed with a transitional government. We don't care about the IMF/UN. We are talking about constitutional obligation. No power supercedes that. They can not dictate what goes on in the country when you are operating from "The Law of The Land. That goes for Total, Kurdistan, UN, IMF, etc.

The 15th is the deadline for banks. Which will be the new digital platform for shares, stocks, bonds, trades, and ofcourse daily banking practices.

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Samson: Al-Abadi renews the call for new parliamentary elections to end the Iraqi crisis

31st July, 2022

Today, Sunday, the former Iraqi Prime Minister and leader of the Victory Alliance Haider al-Abadi renewed his call for all political blocs to form a committee authorized by all parties to agree on a roadmap to end the current crisis in the service of the country's supreme national interests.

Al-Abadi, who belongs to the Shiite Coordination Framework Forces, said in a press statement, “We previously proposed a rescue initiative on the twenty-second of last June, based in essence on considering the next transitional stage that ends with new elections, and the formation of a valid and moderate governance equation that enjoys the approval of the participating and non-participating forces in governance. To ensure that the current crisis is overcome, but unfortunately it has not been taken care of.”

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Samson: Press Release – IMF Determines New Currency Amounts for the SDR Valuation Basket

29th July, 2022

The IMF Executive Board approved today new amounts for the five currencies that will determine the value of the Special Drawing Right (SDR) from August 1 onward for a five-year period.

This completes the final step in implementing the results of the latest review of the method of valuation of the SDR.

Washington, DC: Today, the International Monetary Fund (IMF) announced the new amounts for the five currencies that will determine the value of the SDR during the new valuation period that runs from August 1, 2022 until July 31, 2027.

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MilitiaMan: In other words we are going to bring purchase power with a concerted effort into the region. All will be on the same page with regional trade exchanges. They are using terms like added value and easing costs.. All timed into a calendar. All interlinking at the same time.. imo.. A shoulder to shoulder on the matter.. lol ~ MM

Samson: Iraq calls for the launch of a common market and a unified agricultural calendar among Arab countries

29th July, 2022

The Iraqi Minister of Agriculture, Muhammad al-Khafaji, called on Friday to launch a common market and a unified agricultural calendar among the Arab countries in order to improve trade exchanges between them to fill the food shortage due to the crisis the world is witnessing.

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Samson: Iran and Russia delete the dollar from financial transactions and start dealing with the riyal and the ruble

29th July, 2022

After 5 years of talks between Iran and Russia regarding the necessity of removing the US dollar from the trade exchange between the two countries, it was announced in Tehran that implementation had begun.

On the sidelines of Russian President Putin’s visit to Iran, the governor of the Central Bank of Iran, Ali Saleh Abadi, announced last Wednesday that Tehran and Moscow have started dealing in the Iranian riyal against the Russian ruble in their bilateral exchanges, and that commodity exporters can sell the ruble they get from the Russian side in the Iranian market to import goods. from Russia.

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Samson: Sharifi Confirms The Difficulty Of Forming A Sudanese Government After The Storming Of Al-Khadra By The Sadrists

28th July, 2022

Political analyst Ahmed Al-Sharifi stressed, today, Thursday, the difficulty of the coordination framework in the process of forming the new Iraqi government, after supporters of the Sadrist movement stormed the Green Zone.

Al-Sharifi told "Earth News", "The political situation in Iraq is going towards escalation, especially after the Sadrist movement's supporters entered the Green Zone and the Iraqi parliament," noting that "this matter confirms and indicates the difficulty of the coordination framework proceeding with the process of forming the new Iraqi government."