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Samson: An economist predicts the emergence of a new global financial system

09/04/2022 12:07:43

The Russian economist, Anton Tabagh, said that the current system of monetary relations and trade settlements has been in crisis for a long time, but the recent geopolitical events may take another dimension and form.

The expert said in a press interview, "The current financial system has deteriorated for a long time. The stagnation in the volume of trade exchange and freedom of trade has worsened since 2012, and the financial system is collapsing due to the requirements of regulators and anti-money laundering, and more recently also because of sanctions. Taking into account the recent events that if it takes place outside the financial sphere, this process can take another complete form.”

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MilitiaMan: An economist reveals the size of the currency issued by the Iraqi Central.

3 - Foreign institutions hoarding the Iraqi currency for several reasons, including the remote investment in the Iraqi dinar in the hope of a rise in its price in the future, or for reasons related to trying to control the local currency in order to pump more currency into the local market, which leads to an increase in inflation, which is a small possibility, but it is possible.

MilitiaMan: What I like about this article is the timing of it and that the bullet point takes us into consideration. There is also something the economist left out. That is the money they have destroyed in the past. We had video of them destroying perfectly good large notes.. So, with that in mind the economist bringing the note counts up at this time and now we see that CBI obliging Banks to activate procedures for verifying import licenses for participants in the hard currency window for the purpose of importing goods and commodities by no coincidence at all. imo.. ~ MM LINK

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Samson: An Iraqi government official's home was attacked by an armed man for exposing "large corruption files"

2nd September, 2022

The Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, denounced on Friday the armed "attack" that targeted the house of the Undersecretary for Planning Affairs, Youssef Muhammad Jassim, by unknown persons against the background of "exposing large corruption files".

In a statement received by Shafaq News Agency, the minister said, "Such attacks and threats will not discourage the ministry from moving forward in implementing reform plans and addressing deficiencies in order to correct the course of work in the ministry and its affiliated formations in a manner that guarantees the sustainability of the industrial process in the country."

This statement did not mention any other details. LINK

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Samson: The Federal Court again fails to rule on the claim to dissolve the Iraqi parliament

1st September, 2022

The Federal Supreme Court (the highest judicial authority in Iraq) failed for the third time in a row this week to issue a ruling in the case of dissolving the House of Representatives.

A judicial source told Shafak News Agency, that the Federal Court raises its session in the cases of dissolving the House of Representatives and sets next Wednesday as a date for issuing the decision.

The Federal Court was scheduled to issue its ruling in that case yesterday, Wednesday, 31 August, but it was postponed to the first day of the month of September.

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After Al-Kazemi's threat..a legal expert clarifies the vacancy of the prime minister's position

08/31/2022 12:28:07

A legal expert explained the mechanism of the vacancy of the position of the Prime Minister.

In the case of the conduct of daily affairs and so. And the caretaker prime minister, Mustafa Al-Kazemi, had threatened yesterday to leave the position and announce his vacancy at the appropriate time, according to Article 81 of the constitution, in the event that "continuing to provoke chaos, conflict, discord, strife, and failure to listen to the voice of reason" against the background of recent events and armed clashes in the region. green.

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Samson: Because of the current situation, Kuwait asks its nationals who are in Iraq to leave

30th August, 2022

Today, Tuesday, the Kuwaiti embassy in Baghdad urged its nationals to leave Iraq, and those wishing to travel there to postpone this due to the security conditions in the country.

And according to what was reported by the official news agency "KUNA", "the Kuwaiti embassy called on its citizens who are in Iraq to communicate with it on the emergency phone, after the chaos in the capital, Baghdad and other provinces, and clashes between Shiite factions competing for power."

The embassy also called on those who wish to travel to Iraq to postpone it due to the conditions in the country. LINK

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Samson: The United Nations and Al-Kazemi renew the call on the parties to save Iraqi blood

2022-08-29

The United Nations Mission in Iraq (UNAMI) renewed on Monday evening its call on all parties to refrain from violence immediately.

Commenting on the news that the leader of the Sadrist movement, Muqtada al-Sadr, had begun a hunger strike, the mission stated that "restraint and calm are necessary in order for the voice of reason to prevail."

In addition, the Iraqi Prime Minister, Mustafa Al-Kazemi, valued the calls of Al-Sadr and Al-Amiri, to stop the violence, and all those who contributed to the calm and prevent further violence.

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Samson: Announcing a comprehensive curfew in Baghdad

29th August, 2022

The Iraqi security forces decided today, Monday, to impose a comprehensive curfew in the capital, Baghdad.

The Joint Operations Command said, in a statement received by Shafaq News Agency, that it announces a comprehensive curfew in the capital, Baghdad, and includes all vehicles and citizens, starting from three thirty in the afternoon today, Monday.

Earlier today, dozens of Sadrist protesters headed towards the Green Zone in the center of the capital, Baghdad, amid reports of storming the government palace and other sovereign buildings. LINK

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Samson: An Iraqi bank begins providing its banking services and solutions in the Saudi market

28th August, 2022

The National Bank of Iraq, affiliated with the Capital Bank Group, announced, on Sunday, the start of providing its banking and financial services in the Saudi market, after completing all procedures related to licensing the opening of its first branch in Riyadh and the start of its banking business in the Saudi market. This step comes within the framework of the expansion strategy of the group, which is currently operating in Jordan, Iraq, Saudi Arabia and the UAE.

The bank said in a statement received by "The Information", a copy of it, that "the Iraqi National Bank, which obtained the approval of the Saudi Council of Ministers and the Saudi and Iraqi Central Bank to open a branch in Iraq, aims to encourage and facilitate trade between Iraq and Saudi Arabia in light of the increasing growth of exports between the two countries, as it will allow The presence of this branch is an opportunity for the bank to expand the scope of the service provided to its clients from the corporate sector located in Jordan, Iraq, the UAE and Saudi Arabia, by providing commercial services to them directly.”