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Samson: The Iraqi market enters a recession stage

28th August, 2022

The Iraqi market entered a period of stagnation, as a result of the political developments in Baghdad, which led to the storming of Parliament by supporters of the Sadrist movement, in addition to threats of civil disobedience in the southern provinces

The trader, Muhammad Karim, told Al-Iqtisad News, "The market is in a stagnation stage now, and political developments have negatively affected it," adding that "buying and selling is only for basic needs

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A government meeting to complete the project to modernize public financial management systems

25th August, 2022

Thursday, the Ministry of Finance held an expanded meeting to complete the project to modernize public financial management systems.

A statement by the ministry stated that Mawazine News received a copy of it, that "the Minister of Finance and Agency Ihsan Abdul-Jabbar chaired an expanded meeting to complete the stages of preparing the project to modernize the public financial management systems IFMIS, with the participation of members of the project's steering committee and the head of the project management team PMT, and the AARC consultancy company for the ICC contract, in the presence of the Undersecretary of the Ministry and directors of the departments concerned with the implementation of the project.

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Samson: An Iraqi hacker claims responsibility for cyber attacks on government and party websites

26th August 2022

On Friday, an Iraqi hacker team claimed responsibility for the cyber attacks that affected a number of government and party websites.

The "GN-Cyber" team said, in a statement received by Shafak News Agency, "In support of the Ashura revolution that came out against injustice and corruption, we announce our responsibility for targeting and disrupting a number of media websites affiliated with the power parties on August 26, 2022 in a ddos ​​attack that caused their removal from the service".

The team clarified that "these websites are the website of the Supreme Judicial Council, the website of the head of the wisdom movement Ammar al-Hakim, the website of the Dawa Party, the website of Al-Ahd channel, the website of Afaq channel, the website of Al-Ghadir TV, and the website of Watan TV." LINK

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Samson: Legal expert: Recent events open the door to international intervention in Iraqi affairs

25th August, 2022

The legal expert, Ali Al-Tamimi, confirmed that the recent events open the door to the intervention of the United Nations in the internal affairs, pointing to the importance of holding an emergency session of Parliament in order to correct the situation.

Al-Tamimi told Al-Maalouma, "The recent events will be a justification for the intervention of the United Nations and the issuance of a Security Council resolution in accordance with Articles 39, 24 and 34 of the UN Charter, because the disruption of constitutional institutions gives the Security Council a justification for intervention in countries, as they are considered countries where a breach of peace and security has occurred. internationals".

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Samson: Wasit Governor announces the launch of projects listed in the emergency support law

25th August, 2022

Today, Thursday, the Governor of Wasit, Muhammad Al-Mayahi, announced the launch of the projects listed in the Emergency Support Law for Food Security and Development.

Al-Mayahi said in a statement issued by his office, received by the Iraqi News Agency (INA): "We announce, with God's blessing, the launch of the first batch of projects that were included in the budget of the Emergency Support Law for Food Security and Development, after we completed the listing requirements in accordance with the directives and instructions of the Ministry of Planning."

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Samson: **THIS WAS POSTED BY THE CBI YESTERDAY**

MilitiaMan: Thank you Samson!! The education continues.. imo ~ MM

History of the Iraqi Dinar

24th August, 2022

When Iraq was part of the Ottoman Empire, a number of European currencies were in circulation alongside the Ottoman lira. After the British mandate after World War I, Iraq merged with the Indian monetary system run by the British and the rupee became the major currency in circulation at the price of dinar = 13.33 rupees.

(1950-1930)

In 1931, the Iraqi Currency Council was established in London for the purposes of issuing banknotes and keeping a reserve of the new dinar currency. Currency board, a conservative monetary policy concluded by holding extremely high reserves as a cover for the dinar. The strength of the dinar has been strengthened by its tie to the British pound, where it was tied at the equivalent price with the British pound until 1959.

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Samson: The World Bank sets the end of 2023 to implement e-governance

24th August, 2022

The World Bank has set the end of next year 2023 as a time limit for all state institutions to implement e-governance programs

A member of the United Nations Convention against Corruption coalition and head of the Al-Nahrain Network to Support Integrity and Transparency, Muhammad Rahim Al-Rubaie, said in a statement reported by the official "Al-Sabah" newspaper,

The World Bank funds governance processes, which must be implemented by all state institutions, especially those of public interest, including the ministries of oil and finance." He pointed out that "it has been funding the Ministry of Finance and the Extractive Industries Transparency Initiative for years to implement projects related to this matter

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Samson: Oil prices cross $100 a barrel again

23rd August, 2022

Oil prices exceeded $100 a barrel again after a period of decline.

According to the latest update, the price of a barrel of Brent crude reached $100 and 10 cents, while its price from the OPEC basket was $99.96.

US crude recorded $93.94 a barrel. LINK