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MilitiaMan , Tivon and more "The Convergence is Amazing" 8-11-2022

.KTFA:

Samson: The current and the framework issue new directives to their supporters to mobilize counter-demonstrations

11th August, 2022

Both the Shiite coordination framework and the Sadrist movement opposed to it issued new directives today, Thursday, to their supporters to mobilize for counter-demonstrations in the central and southern regions of Iraq against the background of the aggravation of the political crisis, and its reaching a road in the country.

The "Organizing Committee for Demonstrations to Defend Legitimacy and Preserve State Institutions" of the framework said in a statement today that "the start of the mass demonstrations (the people protect the state) will be at five o'clock in the afternoon tomorrow, Friday, August 12, 2022, on the green walls on the side of the suspension bridge."

The statement called on "all Iraqis who love their country and their state" to "actively participate in order to demand respect for state institutions, especially the legislative and judicial ones, and to prevent lawlessness, chaos, and disruption of security and community peace, and to peacefully demand the formation of a national service government that alleviates people's suffering from high prices, water scarcity and electricity cuts, and approves a budget.

KTFA:

Samson:  The current and the framework issue new directives to their supporters to mobilize counter-demonstrations

11th August, 2022

Both the Shiite coordination framework and the Sadrist movement opposed to it issued new directives today, Thursday, to their supporters to mobilize for counter-demonstrations in the central and southern regions of Iraq against the background of the aggravation of the political crisis, and its reaching a road in the country.

The "Organizing Committee for Demonstrations to Defend Legitimacy and Preserve State Institutions" of the framework said in a statement today that "the start of the mass demonstrations (the people protect the state) will be at five o'clock in the afternoon tomorrow, Friday, August 12, 2022, on the green walls on the side of the suspension bridge." 

The statement called on "all Iraqis who love their country and their state" to "actively participate in order to demand respect for state institutions, especially the legislative and judicial ones, and to prevent lawlessness, chaos, and disruption of security and community peace, and to peacefully demand the formation of a national service government that alleviates people's suffering from high prices, water scarcity and electricity cuts, and approves a budget.

The state is to provide job opportunities and eliminate unemployment and poverty, and it takes upon itself the responsibility of completing the project of the great port of Faw and the rest of the lagging projects, and it has a real role in supporting farmers and promoting agriculture, and fighting corruption by activating the role of integrity and financial control, and other matters that concern Iraq and the Iraqis. He added, "Our date is the bridge, and the free people will have a patriotic stand that refuses to confiscate the opinion of the people and monopolize it under any pretext. Iraq is for all, the parliament is for all the people, and the judiciary is the pillar of the state."

The statement called on supporters of the framework to "adhere to the instructions of the committee, not to encroach on public and private property, and to cooperate fully with our brothers in the Iraqi security forces."

In turn, the "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr said in a post on social media, "The reform-lovers should prepare (to support reform) by gathering each in his governorate, and at five o'clock tomorrow, Friday, you will be rewarded with the best reward and stay until further notice."

From this page, not fake pages. He attributed the reasons for the demonstrations, including what he called the anger of the corrupt, "as well as filling out legal forms to be submitted to the judiciary in order to dissolve Parliament."

This is the second counter-demonstrations by the followers of the coordination framework and the Sadrist movement since the Sadrists stormed the Iraqi parliament building in protest against the nomination of the framework, Muhammad Shia Al-Sudani, for the position of Prime Minister.

The political scene in Iraq has been going through a dangerous turn since supporters of the Sadrist movement led by prominent Shiite cleric Muqtada al-Sadr stormed the parliament building in the fortified Green Zone in central Baghdad, and staged a sit-in in protest against Al-Sudani's nomination for the position of head of the next federal government.

The Sadrist bloc had obtained the highest votes in the early legislative elections that took place in October of 2021, but the efforts of the leader of the current failed to form the new federal government due to the Shiite coordination framework standing in its way by obtaining a fatwa from the Federal Court with the so-called blocking third in a contract The session for electing the President of the Republic, which paves the way for naming the Prime Minister.

The three-way alliance between the Kurdistan Democratic Party led by Masoud Barzani, the Sovereignty Alliance headed by Khamis al-Khanjar, and the Sadrist movement led by Muqtada al-Sadr was broken following the resignation of the Sadrist bloc's deputies, and the movement's withdrawal from the political process by order of al-Sadr.

The political scene is living in a crisis situation and a dead end unprecedented in the history of Iraq, as more than 300 days have passed since the early elections without being able to form a new government in the country, and the survival of the caretaker government headed by Mustafa Al-Kazemi.

On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure.

As soon as the preliminary results of the elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.   LINK

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Tivon:  I am sitting back in awe as to how little attention this has gotten from the members here. You guys are sleeping at the wheel. You claim you want this investment to end so badly. Things are moving to slow. To much corruption. And you just drive past this article without even noticing the three powerful men Mustafa,(CBI) Al-Kazemi,(PM) and Al-Sadr,(Religious Clerk)who are taking charge and presenting this to you basically sharing your sentiment about wanting to get this over with as soon as possible.

 These are the people that share your frustration that actually has the power to get reforms done and you still don't see what's in front of you.

You should be jumping up and down that someone wants this over with and is encouraging citizens to mobilize on that notion and be rewarded for their efforts that will result in a win-win for us all. This is why I didn't respond until now to see how many would notice how monumental this one article is above all others posted today. Imo

OlLar:  Right/ Exactly what I was thinking, nobody seems impressed by this

DallasDude:  Well, the way I see it you can officially announce to the citizens tomorrow that the dissolution of parliament is official and Kazemi will have full power to move ahead with reforms and no longer have to worry about the obstructionist with new elections in the future sometime..regaining control over looted monies is also huge..

MilitiaMan: Interesting that there are things that seem to be playing off one another. Demonstrations are set for tomorrow at or after 5:00 pm. They are hoping that they will be peaceful. They have been told that they will be rewarded with the "best reward" and to stay until further notice.

Also there is an important case to be announced by the Integrity Commission for the first time. They will be disclosing the details. Likely to be a big deal with respect to even more looted funds and likely by who is responsible for the theft(s).

Sadr calls for the dissolution of Parliament next week. Next week may be as early as this coming Sunday or sooner. Time will tell.

We do know that they have passed the Emergency Food Security Law. So, will the current executive authority (present government) with having high flexibility to adjust and respond to economic conditions be used for emergency financial surprises?

Could the demonstrations from both sides be timed for to show the details of those found to be corrupt and guilty of looting money and while at the same venues expose the international rate for the citizens purchasing power?

Seems to me the citizens would want to know who stole their wealth and would also like to know that their demands have been met economically, as well. All under the sharp eye of the security.

It is interesting there is an article out from the US Army. Reminds me of the elimination of ISIS. If we recall the close quarters fighting was highly accurate with no collateral damage. Makes one wonder if there will be assets around and the corrupt would likely know the risks. Thus, demonstrations will likely be peaceful. I pray so..

Give them the corrupt and give them purchase power, the outcome will likely be far better than with out those things. imo.. It is going to be an interesting weekend..

All banks must be hooked up to the CBI electronic platform by 08/15/2022. The platform that will be able to transparently track the countries revenues and expenses among many other financial issues. So the likelihood of those refraining from using the platform may not be around long. 

I like what we are seeing and the convergence is amazing.. imo ~ MM

So as long as the country is in an emergency state (which it is for not having been outside the constitution for 10+ months, imo) or even worse a declaration of war, the current government has necessary powers to see to the countries day to day affairs. If they do dissolve parliament, then, the present government in the contextual manner of speaking (caretaker) will be resigned and can still run the day to day affairs. 

The powers that be know full well how they are playing this out and down to the wire.

This weekend may see some very interesting things happen. Let pray they are in line with peace, security and stability to allow the them to give the best rewards to the people and spell them out tomorrow.. We shall see.. ~ MM

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 Integrity reveals the details of an important case that will be announced for the first time

08/10/2022 11:12:54

Tomorrow, Thursday, the Integrity Commission will reveal details of important cases that it will declare for the first time to the media related to the recovery of funds and others of interest to public opinion.


A statement by the commission stated that {Euphrates News} received a copy of it, in which it called on "the honorable correspondents, delegates and representatives of the media to hold the Federal Integrity Commission's semi-annual conference for the year 2022, tomorrow, Thursday, at ten o'clock, at Al-Khild Hall."

The statement added, "In it, the entire achievements of the departments of the investigative, preventive and awareness-raising committee will be announced for the past six months of this year," noting that "the conference activities will also witness the disclosure of details of important issues that are announced for the first time to the media, related to the recovery of funds and others of interest to public opinion." INK
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Al-Sadr calls on the judiciary to dissolve parliament next week: the constitutional deadlines have expired  LINK

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LINK

Al-Kazemi's advisor talks about the possibility of approving budgets for more than one fiscal year
10th August, 2022

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, on Wednesday, the possibility of approving budgets for more than one fiscal year

Saleh said, to the official news agency, that "the amended Financial Management Law No. 6 of 2019 refers to the approval of the general budget on an annual basis, as the draft law sent by the executive authority is presented in the House of Representatives to legislate the law called the Federal General Budget Law," noting that "The global applications of the general budget are mostly annual

He explained, "Iraq adopts a strategy for the general budget that extends for the next three years and is in line with the indicators of the country's economic development plan, but it is subject to amendment annually

He pointed out that "a proposal that the general budget for more than one fiscal year requires amending the effective financial management law, abandoning the annual budget and replacing patterns of budgets that are approved for a number of years," noting that "this type of budgets will grant the financial authorities in particular and the executive authority in general." High flexibility in adjustment and response to developments, economic conditions and emergency financial surprises when legislating a general budget that extends for more than one fiscal year

He added, "The proposal has not been implemented in the world's financial experiences, so it is necessary to study the issue with one of the multilateral international financial organizations, of which Iraq is a member, in order to study the idea in accordance with the approved
systems in public finance and its global applications and to assess the legal effects." and accounting related 


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LINK

Integrity prevents the waste of two trillion dinars and confirms: Most institutions refrain from implementing electronic work

Today, Thursday, the Integrity Commission announced the recovery and prevention of waste of nearly two trillion dinars, while noting that most institutions refrain from implementing electronic work

The head of the commission, Alaa Al-Saadi, said in a press conference held at the commission's headquarters during the media of its semi-annual report, "We look to the House of Representatives, with what it possesses from the supervisory side and the executive authority, to make Iraq an environment that expels corruption," noting that "the commission in its work depends on professionalism and submits its report and does not hesitate to mention names whenever they are authorized

He added that "many institutions trade bribery and obstruct transactions, and began to lose the confidence of the citizen," noting that "most government institutions deliberately refrain from implementing electronic work and lay arguments against the application of these systems

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The US Army is preparing to use the first "bullet made of light"  LINK

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Thursday Afternoon Iraq Economic News Highlights 8-11-22

.Thursday Afternoon Iraq Economic News Highlights 8-11-22

Al-Kazemi: The Issue Of The Budget Is A Very Serious Matter, And We Have Good Financial Abundance

Policy 2022-08-11 | 07:11 Source: Alsumaria news 153 views Alsumaria News - Baghdad, Prime Minister Mustafa Al-Kazemi said today, Thursday, that dialogue is the only solution to solve our problems, and we have no other. As for resorting to methods of media escalation and social media, and spreading chaos and frustration among people, it will not help in building the modern democratic experience.

Thursday Afternoon Iraq Economic News Highlights 8-11-22

Al-Kazemi: The Issue Of The Budget Is A Very Serious Matter, And We Have Good Financial Abundance

Policy  2022-08-11 | 07:11  Source:  Alsumaria news  153 views   Alsumaria News - Baghdad, Prime Minister Mustafa Al-Kazemi said today, Thursday, that dialogue is the only solution to solve our problems, and we have no other. As for resorting to methods of media escalation and social media, and spreading chaos and frustration among people, it will not help in building the modern democratic experience.

Follow...    LINK

Al-Kazemi's Advisor Talks About The Possibility Of Approving Budgets For More Than One Fiscal Year

Money and business   Economy News _ Baghdad    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, on Wednesday, the possibility of approving budgets for more than one fiscal year.

Saleh said, to the official news agency, that "the amended Financial Management Law No. 6 of 2019 refers to the approval of the general budget on an annual basis, as the draft law sent by the executive authority is presented in the House of Representatives to legislate the law called the Federal General Budget Law," noting that "The global applications of the general budget are mostly annual."

He explained, "Iraq adopts a strategy for the general budget that extends for the next three years and is in line with the indicators of the country's economic development plan, but it is subject to annual amendment.

He pointed out that "a proposal that the general budget be for more than one fiscal year requires amending the effective financial management law, abandoning the annual budget and replacing patterns of budgets that are approved for a number of years," noting that "this type of budgets will grant the financial authorities in particular and the executive authority in general." High flexibility in adjustment and response to developments, economic conditions and emergency financial surprises when legislating a general budget that extends for more than one fiscal year.

He added, "The proposal has not been implemented in the world's financial experiences, so it is necessary to study the issue with one of the multilateral international financial organizations, of which Iraq is a member, in order to study the idea in accordance with the approved systems in public finance and its global applications and to assess the legal effects." and accounting related to the foundations of governance of public budgets of this type.  425 views  Added 08/10 2022 - 6:23 PM  Update 08/11/2022 - 1:19 PM   https://economy-news.net/content.php?id=29263

Iraq's Oil Exports To China Rise By 77.4%

Energy      Economy News – Baghdad   The Chinese Customs Administration announced, on Wednesday, that Iraqi oil exports to independent Chinese refineries amounted to 32 refineries during the month of July 2022.

And the administration showed in its statistics, according to "Shafaq News" agency, that "Iraq's oil exports to independent Chinese refineries rose in July by 77.4% to reach 1.384 million metric tons, or the equivalent of (10.103 million barrels), compared to June 2022, which amounted to 780 thousand. Metric tons, or the equivalent of (5.694 million barrels), and an increase of 71.7% compared to the same month of last year 2021, in which oil exports to China amounted to 806 thousand tons, or the equivalent of (5.883 million barrels).

And it indicated that "Iraq ranked fifth among the ten major oil-exporting countries to independent Chinese refineries, after it was ranked eighth in the month of May."

She pointed out that "Iraq came after Malaysia, which came first with exports of 3.902 million tons, most of which were from Iranian barrels, and Russia came second with 3.400 million tons, and the UAE came third with exports of 2.140 million tons, and then Saudi Arabia came fourth with exports of 1.545 million tons." . 155 . views   Added 08/10/2022 - 3:57 PM  Update 08/11/2022 - 12:21 PM

https://economy-news.net/content.php?id=29259

Al-Kazemi's Advisor Clarifies The Possibility Of Approving Budgets For More Than One Fiscal Year

Yesterday, 18:00   Baghdad - conscious - Nassar al-Hajj, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, today, Wednesday, the possibility of approving budgets for more than one fiscal year, while indicating the requirements for that.

Saleh said, to the Iraqi News Agency (INA), that "the amended Financial Management Law No. 6 of 2019 refers to the approval of the general budget on an annual basis, as the draft law sent by the executive authority is presented in the House of Representatives to legislate the law called the Federal General Budget Law." Noting that "the global applications of the general budget are mostly annual."

He explained, "Iraq adopts a strategy for the general budget that extends for the next three years and is in line with the indicators of the country's economic development plan, but it is subject to annual amendment.

He pointed out that "a proposal that the general budget for more than one fiscal year requires amending the effective financial management law, abandoning the annual budget and replacing patterns of budgets that are approved for a number of years," noting that "this type of budgets will grant the financial authorities in particular and the executive authority in general." High flexibility in adjustment and response to developments, economic conditions and emergency financial surprises when legislating a general budget that extends for more than one fiscal year.

He added, "The proposal has not been implemented in the world's financial experiences, so it is necessary to study the issue with one of the multilateral international financial organizations, of which Iraq is a member, in order to study the idea in accordance with the approved systems in public finance and its global applications and to assess the legal effects." and accounting related to the foundations of governance of public budgets of this type.     https://www.ina.iq/162897--.html

Estimated In Billions.. The Municipality Of Baghdad Announces The Seizure And Return Of 277 Properties Belonging To It 

Baghdad / Obelisk: The Baghdad Municipality announced, on Thursday, August 11, 2022, that the Diwani Order Committee 50 of 2019 seized and returned 277 properties belonging to the Municipality under the direct supervision of the Prime Minister and his office manager.

A statement by the secretariat stated, "The Baghdad Municipality extends its thanks and appreciation to all the higher authorities that sought to preserve public money and the effort they made to return the properties belonging to the Municipality of Baghdad, especially the Prime Minister, the director of his office, the head of the Integrity Commission, the head of the Financial Supervision Bureau, the Mayor of Baghdad, and the head and members of the Diwaniyah Committee." 50 for the year 2019 and director of the legal department in the Municipality of Baghdad.

The statement indicated that "the number of properties that have been returned amounted to 277 properties valued at billions of dinars."

He added, "The aforementioned committee is still continuing its work to investigate and audit other properties to return them to the Municipality of Baghdad, especially since it previously returned 240 properties belonging to the Municipality," noting that "the committee's work is very accurate and with a high level of professionalism in order to preserve public money."   https://almasalah.com/archives/10225

The Iraqi "Finance" Approves The Creation Of More Than 39,000 Job Grades In The "Health"

August 10, 2022 11:32 PM   Mubasher: The Iraqi Ministry of Finance agreed, today, Wednesday, to create more than 39,000 job positions within the staff of the Ministry of Health and its departments.

And it stated in the ministry’s letter addressed to the Ministry of Health and received by the Iraqi News Agency (INA), “Approval was obtained (as far as events are concerned) to create (39,108) job grades within the vocabulary of the owners of the center of your ministry and its departments in the provinces to appoint graduates with medical, health and prevailing professions covered by the gradation law Medical No. (6) for the year 2000, amended.

And the ministry continued in its letter: This is done as indicated in the attached table, after excluding (879) degrees and job titles for the purpose of appointing them within the Ministry of Higher Education and Scientific Research and its affiliated formations, based on what was stated in paragraph 2 of the decision referred to above with its financial costs for the purpose of speedy coordination with the Service Council. Federal General Assembly for the purpose of enabling the Council to release appointments to those covered by the above law.

She added, "The accounting department will be provided later with detailed tables that include the triple name, degree, job title and its financial costs with the number and date of the appointment order and the number and date of the commencement order."     LINK

The Iraqi Stock Exchange Index Declined With The Conclusion Of The First Week Of August Trading

Market     Economy News / Baghdad      During the second week of August 2022, the Iraq Stock Exchange organized four trading sessions from Sunday 07/08/2022 to Thursday 08/11/2022, as the trading session was not organized for Tuesday 09/7/2022 because it coincided with an official holiday. During this week, the following indicators were achieved :

The number of shares traded during this week amounted to more than (1) billion shares , while the value of shares traded this week amounted to more than (2) billion dinars .

And the trading index closed in the market for the first session of the week at (569.70) points, while the index closed at the end of the week at (564.40) points, achieving a decrease of (0.94%) from its closing in the first session .

And executed during the week more than (1600) contracts of buying and selling on the shares of companies listed in the market .   Views 72   Added 08/11/2022 - 4:49 PM    Update 08/11/2022 - 11:45 PM

https://economy-news.net/content.php?id=29285

Leaked UN Document: Iraq Is Among 60 Countries Around The World Struggling To Secure Food Costs

Reports   Economy News – translation   A report by the Politico Foundation (based in Europe) stated on Wednesday that a leaked UN document revealed difficulties that affect more than 60 countries around the world, including Iraq, related to providing food to the population and achieving food security after the Russian invasion of Ukraine.

The report, which was translated by "Economy News", stated that "a document seen by POLITICO reveals the summary of the meeting led by UN officials on July 28, which states that the working group (continues to focus on ... the rise in import costs affecting the balance of payments in more than of 60 countries) as well as food security challenges caused by currency devaluations from exchange rates and national budgets struggling to sustain essential imports.

The document seen by Politico is an email from and David Nabarro, WHO Special Envoy on COVID-19 sent on August 4, summarizing the July 28 meeting.

The document reveals that "participants highlighted how to counteract the decline in the poor's consumption of nutritious foods as a result of high prices. Similar risks have been reported from Colombia, Congo, Chad, Ecuador, Iraq, Kenya, Malawi and Mauritania."

The report explained that "UN Secretary-General António Guterres formed the 32-member Global Crisis Response Group, or GCRG, in March - after Russia invaded its neighbor and major food producer Ukraine in February - in order to present policy proposals to deal with crises in the energy, finance and food sectors." food.”

Since then, "a network of key players in the fight against world hunger has advised the food component of GCRG, which is jointly led by Inger Andersen, President of the United Nations Environment Programme, and David Nabarro, Special Envoy on COVID-19 at the World Health Organization." .   

  The report pointed out that "the informal advisory group on the food crisis met 13 times this year, but there was no mention of its presence on the United Nations website."

https://economy-news.net/content.php?id=29267

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Iraqi News Thursday Afternoon 8-11-22

.Iraqi News Thursday Afternoon 8-11-22

Tlm724 Administrator Bondlady’s Corner

Central Bank: Cash Reserves Rise To 82 Billion Dollars

Economie| 11:05 - 11/08/2022 Baghdad - Mawazine News The Central Bank of Iraq revealed, on Thursday, that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels.

The official spokesman for the Central Bank, Omar Assem, said in an interview with the official newspaper "Al-Sabah", followed by Mawazine News, that "the bank's reserves currently amount to 82 billion dollars."

Iraqi News Thursday Afternoon 8-11-22

Tlm724 Administrator Bondlady’s Corner

Central Bank: Cash Reserves Rise To 82 Billion Dollars

Economie| 11:05 - 11/08/2022    Baghdad - Mawazine News  The Central Bank of Iraq revealed, on Thursday, that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels.

The official spokesman for the Central Bank, Omar Assem, said in an interview with the official newspaper "Al-Sabah", followed by Mawazine News, that "the bank's reserves currently amount to 82 billion dollars."

He added, "Iraq also advanced 10 ranks in the table of countries with the most gold in possession, to become the 30th globally and 4th in the Arab world, as its total possessions exceeded 130 tons, after purchasing an additional 34 tons, and this came within the bank's policy to achieve stability and ability to face changes." local and international economics.   https://www.mawazin.net/Details.aspx?jimare=202097

The Central Bank Reveals That Cash Reserves Have Risen To $82 Billion

Thursday, August 11, 2022 9:14 am   Baghdad / National News Center  The Central Bank of Iraq revealed that cash reserves have risen to $82 billion, as well as an increase in its gold balance to record levels.

Expectations indicate that reserves will grow more and reach the threshold of $90 billion by the end of this year, a record level for Iraq.

The official spokesman for the Central Bank, Omar Asim, said in a statement to the official newspaper he followed, that "the bank's reserves currently amount to 82 billion dollars."

He added that "Iraq also advanced 10 ranks in the table of countries with the most gold, to become the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, after purchasing an additional 34 tons, and this came as part of the bank's policy to achieve stability and ability to face economic changes. local and international.”

Gold is one of the most important assets held by central banks and international financial institutions, due to its acceptance at the level of international dealings.    https://nnciraq.com/146456/

Integrity Commission: Many Institutions Deal In Bribery And Obstruct Transactions

Today, Thursday, the Integrity Commission announced the recovery and prevention of waste of nearly two trillion dinars, while noting that most institutions refrain from implementing electronic work.

The head of the commission, Alaa Al-Saadi, said in a press conference held at the commission's headquarters during the media of its semi-annual report, "We look to the House of Representatives, with what it possesses from the supervisory side and the executive authority, to make Iraq an environment that expels corruption," noting that "the commission in its work depends on professionalism and submits its report and does not hesitate to In mentioning names whenever they are authorized.

He added, "Many institutions trade bribes and obstruct transactions, and began to lose the confidence of the citizen," noting that "most government institutions deliberately refrain from implementing electronic work and put up arguments to evade the application of these systems."

He continued, "The authority was able, during the first half of this year, to recover and prevent wasting (1,773,380,063,273) dinars of public funds to the account of the public treasury through its deterrent and preventive measures," noting that "those amounts represent what has been actually recovered to the public treasury account, Or the money that it revealed, or the money that judicial rulings have been issued to return it and which prevented and stopped its waste.

He stated that "the penal cases in the first half of this year included 280 ministers and special degrees, general managers and those of their rank," explaining that "these were distributed by 39 ministers and those of his rank, and (241) those with special grades, general managers and those of their rank."

And he indicated, "The commission considered, during the first half of this year, (34,209) communications, reports and criminal cases, distributed among (8,877) communications, (10,535) reports, and (14,797) criminal cases."

Regarding the investigative side, Al-Saadi pointed out that "the commission received 8,877 communications and 10,535 reports, and resulted in 14,797 cases, of which 7,739 people were accused."

While the director general of investigations at the authority, Karim Al-Ghazi, said during the conference: "The number of defendants referred to the trial court - misdemeanors and felonies during the first half of 2022 amounted to 1754."

He added, "Its investigations led to the issuance of (731) arrest warrants by the judicial authorities, of which (396) were executed, including (Cool ministers and those of their rank, and (53) of those with special degrees, general managers and those of their rank."

Regarding the recovery files, the director of the recovery department in the commission, Moataz Al-Abbasi, confirmed that "the Integrity Commission worked during the first six months of this year on (58) files related to fugitives wanted in corruption cases, 23 of which were prepared, including (11) files against people with special degrees, general managers and those of their rank, in addition to (104) files to recover smuggled money, in which (166) judicial decisions were issued.

He pointed out that "in the same period (9) drafts of cooperation agreements and memoranda of understanding were prepared with Iraqi, Arab and international ministries and governmental institutions, one of which was concluded.    https://www.radionawa.com/all-detail.aspx?jimare=30679

International Forecasts For Rising Oil Demand In 2023

Energy    Economy News-Baghdad   The International Energy Agency said high summer temperatures and rising gas prices boosted the use of oil for power generation, boosting demand but masking weaknesses in economies grappling with recession fears .

The Paris-based agency stated in its monthly oil report, in which it raised its forecast for demand in 2022 by 380,000 barrels per day, "Natural gas and electricity prices rose to new record levels, spurring the switch from gas to oil in some countries ."

It also expected a rise in oil demand in 2023 by about 2.1 million barrels per day to exceed pre-pandemic levels, and also indicated that global oil supply will record new records in July, exceeding pre-Corona levels .

The International Energy Agency warned that "these exceptional gains, which are largely concentrated in the Middle East and Europe, mask relative weakness in other sectors," noting the decline in fuel use in road transport in developed countries and a slowdown in growth by the end of the year .

On the other hand, the IEA report showed that China has overtaken Europe to become the main destination for Russian oil .

Russian oil export revenues fell by two billion dollars in July to 19 billion dollars, primarily due to the drop in prices .

Meanwhile, global oil supplies in July exceeded their high levels before the Corona epidemic, supported by higher-than-expected production for Russia, whose exports fell by 115,000 barrels per day in July to 7.4 million barrels per day, a decrease of 600,000 barrels per day. Only since the beginning of the year .

Views 121    Added 08/11/2022 - 1:30 PM   Update 08/11/2022 - 5:57 PM

https://economy-news.net/content.php?id=29280

The Iraqi Stock Exchange Index Declined With The Conclusion Of The First Week Of August Trading

Market   Economy News / Baghdad   During the second week of August 2022, the Iraq Stock Exchange organized four trading sessions from Sunday 07/08/2022 to Thursday 08/11/2022, as the trading session was not organized for Tuesday 09/7/2022 because it coincided with an official holiday. During this week, the following indicators were achieved :

The number of shares traded during this week amounted to more than (1) billion shares , while the value of shares traded this week amounted to more than (2) billion dinars .

And the trading index closed in the market for the first session of the week at (569.70) points, while the index closed at the end of the week at (564.40) points, achieving a decrease of (0.94%) from its closing in the first session .

And executed during the week more than (1600) contracts of buying and selling on the shares of companies listed in the market .

Views 12   Added 08/11/2022 - 4:49 PM  Update 08/11/2022 - 5:45 PM

https://economy-news.net/content.php?id=29285

In Detail.. The Council Of Ministers Takes A Package Of Decisions

Reconstruction and building   Economy News – Baghdad   The Council of Ministers, during its session held today, Thursday, issued several decisions.

The Prime Minister's Media Office said in a statement, "The Council of Ministers held its twenty-ninth regular session, headed by Prime Minister Mustafa Al-Kazemi, and hosted the Governor of Basra, who in turn provided an extensive explanation of the service reality of the province, the great challenges it faces, and the most important needs and requirements that enable the improvement of infrastructure. And raising the level of services there, and the most important solutions developed to address the existing problems.”

The statement added, "After discussing what was presented, the Council of Ministers voted to meet the needs of Basra Governorate from service projects provided by its governor."

The Council of Ministers, which is entrusted with the minister's powers to administer the Ministry of Electricity, hosted the meeting, where it reviewed the current reality of electricity, the problems facing the ministry, and the mechanisms adopted to overcome the problems of the electrical system, in order to ensure the provision of electrical energy to the maximum.

The session witnessed a review of the epidemiological report, the continuous efforts of the Ministry of Health in following up on the Corona pandemic, and providing the necessary medical supplies to confront it.

After discussing the issues on the agenda, the Council of Ministers issued, according to the statement, the following decisions:

First / Approval of the recommendation of the Ministerial Council of Economy regarding my projects (consulting mega projects in the Ministry of Planning), and (monitoring and controlling mega projects/advisory tasks for the ministries of (Finance and Planning).

Second / agree to the following:

1. Authorizing the Undersecretary of the Ministry of Foreign Affairs for Political Planning Affairs, the authority to negotiate and sign draft memoranda of understanding with the countries mentioned in the paragraph below.

2. The Ministry of Foreign Affairs approves the entry stamp for holders of diplomatic, service and special passports for nationals of the following countries: (China, Russia, the Sultanate of Oman, the State of Qatar, the Arab Republic of Egypt, and the Republic of Sudan), upon entry and exit to and from Iraqi airports and border ports, on the basis of the principle of treatment Likewise.

3. The Ministry of Foreign Affairs adopts what is stated in Paragraph (1) above, in coordination with the Ministry of Interior, and implements this with other countries that wish to conclude such an agreement in the future with the Republic of Iraq.

Third / Approval of the amendment of Paragraph (Third) of Cabinet Resolution (94 of 2010) regarding the recommendations of the Job Grade Review Committee, as follows:

1. Launching the promotion of the preparatory certificate holders exclusively to the (third) degree, provided that this does not result in the creation of new job titles.

2. The Ministry of Finance, the Ministry of Planning and the Federal Service Council shall undertake to amend the job description approved by the ministries and entities not affiliated with a ministry in a manner that ensures that those mentioned in paragraph (1) above of this decision reach the third degree.

3. This decision shall be implemented upon approval of the next federal general budget law.

Fourth / agree to the following:

1. Adoption of the recommendation of the Ministry of Foreign Affairs regarding the opening of an embassy of the Republic of Iraq in the Irish capital Dublin instead of a general consulate, based on the provisions of Articles (25) and (26) of the Foreign Service Law No. (45 of 2008), provided that opening it does not lead to an increase in Numbers of workers in diplomatic missions, taking into account the notes of the legal department in the General Secretariat of the Council of Ministers, which are confirmed by its memorandum numbered (M/S/2/4/11/191 LQ) dated June 23, 2022.

2. The required amounts shall be financed from within the budget law allocations for the year 2023.

Views 12   Added 08/11/2022 - 5:22 PM  Update 08/11/2022 - 5:45 PM

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Thursday Afternoon Iraq Parliament News Highlights 8-11-22

.Thursday Afternoon Iraq Parliament News Highlights 8-11-22

State Law Comments On The Request To "Dissolve Parliament"

Policy 2022-08-10 | 14:42 Source: Alsumaria news 17,727 views A member of the State of Law coalition considered, on Wednesday, that the request to dissolve the House of Representatives by the judiciary is incorrect, while the Shiite street confirmed that it is divided into two parts.

And he said Zuhair Chalabi During his speech to the "Bil-Makhtaz" program broadcast by Alsumaria satellite channel, he said, "The request (dissolving parliament) is not within the jurisdiction of the court, and the Judicial Council responded previously, and there is a separation of powers."

Thursday Afternoon Iraq Parliament News Highlights 8-11-22

State Law Comments On The Request To "Dissolve Parliament"

Policy   2022-08-10 | 14:42  Source:  Alsumaria news    17,727 views  A member of the State of Law coalition considered, on Wednesday, that the request to dissolve the House of Representatives by the judiciary is incorrect, while the Shiite street confirmed that it is divided into two parts.

And he said Zuhair Chalabi  During his speech to the "Bil-Makhtaz" program broadcast by Alsumaria satellite channel, he said, "The request (dissolving parliament) is not within the jurisdiction of the court, and the Judicial Council responded previously, and there is a separation of powers."

He added, "If al-Sadr went to the opposition in Parliament with 73 deputies and with him other blocs, he would form a great force and they would be able to hold any government that forms in the future accountable," noting that "the request to dissolve parliament is incorrect and the Kurds and half a year are not satisfied with dissolving parliament in this way."

Chalabi pointed out that "the Shiite street is divided into two parts. There are those who support the framework and those who support Mr. Sadr."

demanded a leader   Sadrist Movement   Muqtada al-Sadr  Today, Wednesday, the Supreme Judicial Council dissolved the House of Representatives next week, while the President of the Republic called for setting a date for early “conditional” elections.

Today, Wednesday, the coordinating framework stressed the need to expedite the decision of the presidential candidate and the formation of a service government, while calling on the political forces to work together to preserve the democratic gains.  LINK

Coordination Calls For Expediting The Resolution Of The Presidential Candidate To Form The Government

Policy   2022-08-10 | 13:51      8,286 views   He called on the coordination, "the Iraqi masses who believe in the law, the constitution and constitutional legitimacy to stand with all legal and constitutional steps to form a government and defend the democratic path in which we all believe."   LINK

Iraq And The European Union Are Discussing The Fight Against ISIS

Policy  2022-08-10 | 11:51 328 views   The National Security Adviser, Qassem Al-Araji, discussed today, Wednesday, the Ambassador of the European Union in Baghdad, Fele Variola, to fight ISIS.

The media office of the National Security Adviser said in a statement received by

Alsumaria news    During the meeting, the political and security situation in the country was reviewed Iraq and the region, emphasizing the continuation of constructive cooperation between Iraq and the international community.”

He added, "Al-Araji assured the European Union ambassador the stability of the security situation in the country."Iraq With the continued efforts of the security forces to combat ISIS The terrorist," noting that "the security services continue to perform their duties away from any political debate, and that the Iraqis committed to protecting and securing diplomatic missions, based on the Vienna Convention on Diplomatic Relations.”

With regard to Al-Hol camp, Al-Araji explained that “losing control of those inside the camp will pose a threat toIraqand the world."

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As Al-Araji emphasized, “Keeping Iraq Not to compel Iraqi refugees in Europe whose applications have been rejected, except in accordance with the principle of voluntary return and the availability of appropriate conditions,” he said, noting that “Iraq He is keen to protect, embrace and care for his children wherever they are, while continuing to cooperate with the European Union in combating refugee smuggling, expressing his "welcome Iraq Any cooperation with the European Union in all fields, especially in the field of cyber security,” noting that “Iraq He does not want to put pressure on liberties as much as preserving the country's security and stability.”

For his part, the European Union Ambassador stressed, “the importance of the role ofIraqin the Middle East and the world," referring to "the European Union's continued cooperation with Iraq in the field of combating extremism leading to terrorism,” praising the “efforts of Iraq In addressing the Iraqi refugee crisis in Belarus, and the Iraqi government’s keenness to take quick measures that resulted in their return to their country, and to prevent the problem from turning into a humanitarian crisis, praising “the voluntary return procedures from Al-Holcamp to Iraq"The European Union will continue to support Iraq in all fields," he said.    LINK

After Al-Sadr's Demands, Jurists Determine Ways And The Possibility Of Dissolving The House Of Representatives - Urgent

Policy   2022-08-11 | 05:12  Source:  Alsumaria news  3,621 views   Alsumaria News – Baghdad   The pace of discussions between the political and legal circles escalated after the tweet of the leader of the Sadrist movement Muqtada al-Sadr and his request to dissolve Parliament and talk about the possibility of the Supreme Judicial Council dissolving it in light of the political impasse in Iraq nearly 10 months ago from the early elections that were held on 10/10/2021.

Yesterday, the leader of the Sadrist movement demanded   Muqtada al-Sadr, the Supreme Judicial Council to dissolve   Parliament   During the next week, the President of the Republic called for setting a date for "conditional" early elections.

Al-Sadr said in a tweet via Twitter, I followed it    Alsumaria news “I direct my words to the Iraqi judiciary, from which we still hope for the best despite the political and security pressures it is subjected to and leaks from here and there, provided that it dissolve Parliament after constitutional violations within a period not exceeding the end of next week, and assign the President of the Republic to set a date for early, conditional elections. Terms and conditions we will announce later.

* Legal Methods The legal  legal expert  Ali Al Tamimi , confirms that there are two opinions about the eligibility of the Federal Court to dissolve   Iraqi parliament.

Al-Tamimi says in an interview with Alsumaria News, that the first opinion is as follows, "The Federal Court has no right to resolve the matter."   Iraqi parliament

The argument of this opinion is that the dissolution of Parliament is precisely defined in Article 64 of the Constitution, whereby it dissolves itself at the request of one-third of the members and with the approval of the absolute majority of the number of members.

Related Articles

The President of the Judicial Council determines the penalty for violating the constitutional rule - urgent

06:12 | 2022-04-1  Zidane talks about a historic responsibility awaiting the House of Representatives - urgent

03:08 | 2022-02-14  The judiciary resolves the controversy of dissolving the House of Representatives

10:42 | 2022-03-22   He added, as for the second opinion, it is "a request from the Prime Minister and the President of the Republic and the approval of the majority for the number of members, and this method is not possible because the current government is a caretaker government, and thus the first opinion remains the only solution to dissolve Parliament."

And he continued, "As for those who say that the judiciary can dissolve Parliament, their argument is that a case should be submitted to the Federal Court. These cases are based in the appeal that Parliament has been reluctant to implement constitutional entitlements first and second to articles 47 and 59 of the Civil Code related to legal personality and they consider Parliament a personal It is morally permissible for the judiciary to dissolve it in the event of reluctance to perform its duties as stated in Article 59 of the Civil Code. ".

He stressed, "In the end, the final say remains if the cases are submitted to the Federal Court, as it is financially and administratively independent in accordance with Articles 92, 93 and 94 of the Constitution, and it is the one that decides to dissolve Parliament or not."

On the other hand, the legal expert says:   Fawzi Karkan, if solving Parliament  It is a specialty  Constitutional Court  And the Court of First Instance does not have jurisdiction over the so-called minor cases.

Karkan adds: “It is possible to resort to the beginning to challenge the legality of it   Parliament

Because he has violated the constitution and the constitutional terms and did not respect them, how can he be asked to dissolve himself in accordance with the constitution?

And he continued, "Article 94 of the constitution allows for the possibility of challenging the legitimacy of the council, with the presence of a legal opinion mentioned by the head of the Supreme Judicial Council, Judge Faiq Zaidan, where it is possible to resort to a joint request from the heads of the government and the republic and under the supervision of the judicial authority to dissolve Parliament, as a possible solution."

The legal expert confirmed that "the Federal Court will reject any lawsuit demanding the dissolution of the Council because it is not within its jurisdiction according to the Constitution."

* Sticking to the coordinating

framework, and issued the coordinating framework, yesterday, Wednesday, on the need to expedite the resolution of the presidential candidate and the formation of a service government, while calling on the political forces to work together to preserve the democratic gains.

The framework was mentioned in a statement received by  Alsumaria news  He "held his meeting, and during the meeting a number of political issues were discussed, foremost of which is the course of the ongoing dialogues with the rest of the national forces in order to expedite the completion of the constitutional entitlements, and to speed up the resolution of the presidential candidate and the formation of a service government that addresses the service and security problems that the citizen suffers from."

The meeting renewed, according to the statement, "their position on the necessity of respecting institutions, foremost of which is the judicial and legislative authority, rejecting all forms of encroachment upon them and not obstructing them from performing their constitutional duties."

The leaders of the framework called on the political forces to "work together to preserve the democratic gains and continue constructive dialogues to reach solutions to the current crisis and form a government capable of overcoming the challenges facing the country, especially in the field of energy and water scarcity, and the failure to pass the federal budget."

He called on the coordination, "the Iraqi masses who believe in the law, the constitution and constitutional legitimacy to stand with all legal and constitutional steps to form a government and defend the democratic path in which we all believe."

* Judiciary and dissolution of Parliament

On 04/01-2022, the President of the Supreme Judicial Council, Faiq Zaidan, issued a clarification regarding the penalty for violating the constitutional rule and dissolving Parliament.

Zaidan said in the article that was received by Alsumaria News, "The text of the constitution The Republic of Iraq  For the year 2005 on dissolution procedures   Parliament

According to Article (64/first) of it, there are two ways, the first is a self-dissolving solution  Parliament

At the request of one-third of its members and voting with the approval of the absolute majority of its members on this request and this procedure is not expected to take place in practice, as it means that the legislative authority imposed the penalty (dissolving Parliament) on itself. As f

or the second way, it is represented by a request from the Prime Minister and with the approval of the President of the Republic, to be submitted to Parliament

The text required the approval of this request by an absolute majority of the number of members  Parliament And the right of dissolution according to these conditions will be difficult to implement, and thus the executive authority loses the means of influencing the legislative authority in return for owning   Parliament

A means of withdrawing confidence from the government, which upsets the political and constitutional balance between the two authorities (we have referred to this problem in detail in the doctoral thesis submitted to the Islamic University of Beirut in the year 2020).

He added, "The Iraqi political reality is witnessing an explicit violation of a constitutional rule stipulated in Article (72/second/b) of the constitution by specifying the period for the President of the Republic to continue exercising his duties until after the end of the elections."   

Parliament

The new president and its meeting within a maximum period of thirty days from the date of the first meeting of the Council and the necessity of electing a new President of the Republic during that time, but this did not happen due to the lack of political agreement between the parties and the political forces that make up the   Parliament

Although the Federal Supreme Court endeavored to find a way out for this constitutional violation when it permitted the President of the Republic to continue exercising his duties until the election of a new president in accordance with the decision issued on (2/13/2022) No.

The vacancy of the position and the consequent politically not agreed upon procedures, but it was not sufficient to address the continuation of violating the constitution indefinitely due to the two-thirds majority requirement stipulated in Article (70/First) of the constitution regarding the quorum of a session  Parliament  dedicated to electing the President of the Republic and not providing for the existence of a (constitutional sanction) for this violation.

Therefore, we consider amending the constitutional text contained in Article (64/First) to be a solution   Parliament By a decision of the Prime Minister and with the approval of the President of the Republic, provided that it is not during the period of the Prime Minister’s interrogation, and thus a balance is achieved between the legislative and executive authorities, that the penalty for violating the constitutional rule is by a decision of the legislative authority in the event of its violation by the executive authority to withdraw confidence from it, and vice versa.

From the executive authority (the Prime Minister and the President of the Republic jointly) in the event of a violation of the constitutional rule by Parliament  By dissolving the council without consent condition  Parliament

On the procedures for dissolution and to ensure that the executive authority does not arbitrarily impose a penalty with a solution  Parliament  Because of the importance of this procedure exclusively, it is a solution decision   Parliament  Issued by the executive authority is subject to appeal before the Federal Supreme Court. LINK

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Tivon, MilitiaMan and KTFA Members Thursday Afternoon 8-11-2022

.KTFA:

Samson: The Central Bank: The cash reserve rose to 82 billion dollars

11th August, 2022

On Thursday, the Central Bank of Iraq revealed that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels

The official spokesman for the Central Bank, Omar Asim, said in a statement reported by the official "Al-Sabah" newspaper, that the bank's reserves currently amount to 82 billion dollars

Assem added, "Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, after purchasing an additional 34 tons, and this came within the bank's policy to achieve stability and ability to confront Local and international economic variables

KTFA:

Samson:  The Central Bank: The cash reserve rose to 82 billion dollars

11th August, 2022

On Thursday, the Central Bank of Iraq revealed that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels

The official spokesman for the Central Bank, Omar Asim, said in a statement reported by the official "Al-Sabah" newspaper, that the bank's reserves currently amount to 82 billion dollars

Assem added, "Iraq also advanced 10 ranks in the table of countries with the most gold, becoming the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, after purchasing an additional 34 tons, and this came within the bank's policy to achieve stability and ability to confront Local and international economic variables

Gold is one of the most important assets held by central banks and international financial institutions, due to its acceptance at the level of international dealings   LINK

Jerry1971:  Bravo Iraq is a very rich country indeed thanks to the brilliant leadership and sincerity of Pm Kazemi to his country and people tremendous prospects for the iqd to be released in short order. IMO.   

************

Samson:  About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars

11th August, 2022

The Federal Integrity Commission announced, on Thursday, that 39 ministers and those of his rank and (241) of those with special grades, general managers and those of their rank, are among the accused in criminal cases.

She explained, during a press conference, that during the first half of this year, she considered (34,209) communications, reports and criminal cases, distributed among (8,877) communications, (10,535) reports, and (14,797) criminal cases.

It noted the recovery and prevention of wasting (1,773,380,063,273) dinars of public funds to the account of the public treasury through its deterrent and preventive measures.

The authority indicated that these amounts represent what has been actually recovered to the account of the public treasury, or those that have been revealed, or the funds that have been issued court rulings to return them, which prevented and stopped their waste.

Integrity also said that its investigations led to the issuance of (731) arrest warrants by the judicial authorities, of which (396) were executed, including (8) ministers and those of his rank, and (53) of those with special degrees, general managers and those of their rank.

Integrity revealed that, during the first six months of this year, it worked on (58) files related to fugitives wanted in corruption cases, of which (23) files were processed, including (11) files against people with special degrees, general managers and those of their rank, in addition to (104 ) Files to recover the smuggled money, in which (166) judicial decisions were issued.

She indicated that she had prepared, during the same period (9) drafts of cooperation agreements and memoranda of understanding with Iraqi, Arab and international ministries and governmental institutions, one of which was concluded.  LINK

~~~~~~~~~~~~~

Sir:  IMO-Excellent news people!

All though they have many more files that will be addressed, we can see clearly they are in warp speed to get the corrupt out of the way. There have been many articles about the corruption in all areas and we can clearly see that this is a major part of the plan in order to publicly see the rate change.

I know some of you might think that this has nothing to do with the rate changing, but I beg to differ on that! Think about just how much corruption is out there, do you really think that Kazemi and his team want these rats to prosper anymore than they have been for decades, ( Absolutely not )!

That’s why the delay in changing the rate, while the other projects are put into place they are also showing the people just who’s who. Now we can see that the people are now in the streets and demanding that the corrupt be removed.

There was an article posted yesterday speaking of a 3 year budget, well what if this has been in place all along sense December 2020 when the White Papers came out. What if the budget was for 2021-2023 and a second set of books was in play! This would keep the rats hands away from a lot of new revenue due to the RI and would also explain why so many projects have been completed and still more in the works.

 Kazemi is a smart man and he has a lot of help around the world from highly intelligent people who are getting things put into place to take down a corrupt system that has been ruling us for far too long. When the time is right you will get what you are seeking, but it’s going to be World wide and not just Iraq.

We are in a good place and we are closer than you can imagine, but there’s more to be done. Soon we will wake up to a new world free of corruption and evil doers.

Prayers for those who are making this happen and double prayers for those who gave it all. 
Keep your vibrations high, it helps!  “All in my opinion of course”

~~~~~~~~~~~~

Tivon:  Someone has been paying attention. Great job. Brilliant. This is why I asked a  month or so ago for people to post more often and establish themselves so we can value more of what is put out with more detail than just half hearted complaints that help no one. And you took up that request and flew with it. Thank you Sir. This is well thought out.

These are the post I like to read because it builds on what has been firmly established over the past few months with another viewpoint I concur with that plays into the overall coverage as to why certain things were in place to ensure that the citizens do not get usurped by corrupt political figures who are looking to take advantage of the new monetary system that benefits the country and not the one who pretended to protect the citizens while at the same time stealing from them and their future.

Look at how much has been recovered already. You did a marvelous run down on the reasoning of things that I have been trying to get across for months. And you summarized it beautifully. Wow. Imo

~~~~~~~~~~~~~

MilitiaMan:  Well done Sir.. Agreed.. Sadr brought more than meets the eye(s) to meetings. He wants no one with corruption on their hands to benefit from the re - instatement or re - valuation. Nor does Kahdimi. The digital transformation is going to see to that the money is being tracked and will be into the future with a high level of accuracy. The reason there were many that refused to use electronic means is exactly that, the corrupt would not want to use it. IT would expose them, well not using it exposed them as well.. imo... SMH ... lol ~ MM

**************

BlaqueBeauty:  Imo ….very nice   In turn, the "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr said in a post on social media, "The reform-lovers should prepare (to support reform) by gathering each in his governorate, and at five o'clock tomorrow, Friday, you will be rewarded with the best reward and stay until further notice." From this page, not fake pages. He attributed the reasons for the demonstrations, including what he called the anger of the corrupt, "as well as filling out legal forms to be submitted to the judiciary in order to dissolve Parliament."

TivonLook at how this is unfolding. What a time to be alive. People are just not getting how close we are.

Samson:  Al-Kazemi complains that the caretaker government will remain for 9 months and calls for solving the budget issue

11th August, 2022

Prime Minister Mustafa Al-Kazemi complained, on Wednesday, that the caretaker government that he heads has remained for 9 months without being able to form a new one during this period of time that followed the early legislative elections in the country, warning at the same time that Iraq will remain without a financial budget for the year 2022, which is nearing completion.

This came in a speech to him during the opening of the cabinet session that was held today, according to a statement issued by Al-Kazemi's office.

Al-Kazemi said in the speech, "Iraq is facing a real political problem in the post-election stage, and it needs a solution, and the solution requires dialogue, wisdom, and sacrifice, as Imam Hussein (peace be upon him) sacrificed for justice, values, and religion, as well as what is required of Political leaders make sacrifices for the sake of the homeland, and for the sake of our children."

He added, "The challenges we are facing are reflected in the performance of the government and all Iraqi state institutions. This government spent 28 months, and it is unfortunate that during this period there was only a budget for 6 months, so how can the state function in the absence of a budget?"

Al-Kazemi also said, "We are going through a difficult period, and with all this we have worked to overcome many problems. There were lagging or failed projects that had been planned for many years, and we worked to revive them and turn them into opportunities for success, in rebuilding lagging hospitals and other projects related to electricity oil, gas, and alternative energy, but without a budget, people's lives will be disrupted."

He added, "We are now in the eighth month of 2022, and there is no budget, and the imbalance is not in the government, but because of the existing political situation, so how do we build schools, pave roads and build projects with the absence of political consensus on forming the government or finding a solution to the political blockage."

The Prime Minister warned that “the issue of the budget is a very serious matter,” adding that “we have a good financial abundance and we need to invest it in rebuilding infrastructure and achieving the demands of our honorable people. Good schools, reasonable roads, and effective government institutions. He pointed out that "the political dispute has begun to reflect on the service reality in the state, and therefore we must look for a solution and I call on everyone to engage in dialogue in all seriousness."

Al-Kazemi stressed that "dialogue is the only solution to solve our problems and we have no other, as for resorting to methods of media escalation, social media, spreading chaos and frustration among people, this will not help in building the modern democratic experience. We are a young democracy, and we need to act according to wisdom." and mind."

The head of the federal government addressed the Iraqis by saying, "They should know that every day a solution to the political impasse is delayed, the government is restricted, and it is in a difficult situation in which it is difficult to carry out its duties."

He explained that "the caretaker government according to the constitution, its work is supposed to be coupled with a short period and not to stay for nine months without a new government, and it is unreasonable for the government to remain tied, and the constitutional deadlines have been exceeded, and we are required to remain a caretaker government; this is not possible."

Al-Kazemi pointed out that "the political blocs must cooperate with the government to find a solution to the issue of the budget, and we are ready to help and play our role as an executive authority in accordance with the law." He stressed that "there must be real political support for the government instead of political differences," noting that "there are parties that always turn the conflict towards the government, and the government has nothing to do with it, as we are not a party to the political conflict."

Al-Kazemi said, "We went through an ordeal during the past two or three weeks, and, thank God, the crisis was dealt calmly, and we succeeded in not having Iraqi blood flowing on Iraqi soil, and we will continue with this approach." He also warned that, "Those who think that this government is working to strain the atmosphere are mistaken.

We have said since the first day: We are ready to hand over power to any elected government, and at the moment the political blocs agree, we are ready. What is the talk about the government or the Prime Minister working? For obstructing the formation of the government or the solution is nothing but nonsense; who is the one who accepts to stay in these difficult circumstances?”

Al-Kazemi continued by saying that "the story is not a position story, but a success story, either we are successful and accept the challenge, or the political blocs must accept their role to find a solution to the blockage, in order to move towards a bright Iraq with an opportunity for hope, and we must be optimistic, and not a solution is through dialogue.

The Prime Minister concluded his speech by saying that "we presented an initiative and it was approved by most of the political blocs, and we are still working to create an opportunity for dialogue. We must preserve our democratic system, and we must correct if there are wrong paths or there are paragraphs in the constitution, correction or change." There must be consensus on it from all the Iraqi people."

LINK

~~~~~~~~~~~~~~

Tivon: I see what Al-Kazemi is doing. If we are going with what he is saying along with Mazhar Muhammad Saleh if they form a general government and budget it will be off the heels of dissolution thus the corruption would have been dealt with in Parliament and HOR. Because everyone knows it will not be the CF(Coordination Framework) .

So we should feel very comfortable. Why? They (Federal Integrity Commission) already identified 300 corrupt officials. And the funds they stole. (Post 20) Not t9 mention they also seized and recovered properties belonging to the Municipality which involved another billion Dinars in value. As I have stated before the EFSL was designed to clean out corruption. 

Because I always said the funds left over from the EFSL can be thrown in with any budget they happen to come up with. Ask yourself why would Al-Kazemi push for a budget at the end of the year?

Jamal Cougar stated it takes about a couple of months to get through the process of creating a budget. But we know the citizens were already promised they would see the changes they want very soon before August is done with.

Al-Kazemi will use that time to bring forth reforms as a interim emergency government. And he will solidify his reputation, legacy, and authority. Al-Kazemi knows he only needs the oil surplus to achieve or meet the Citizens Entitlements which is tied to the HCL/Oil & Gas Law.

Everything else can be dealt with accordingly. Keep in mind they have gold, oil, and hard currency reserves to support the rate if they was to release one before they form a GOI or present a budget. Please remember that. 

Also Keep in mind the post from yesterday (Post 114) as to what the new budget will come with if they happen to pass one. Because I think they already studied it and came to an agreement as to the components in it.

Especially the emergency surprise funds added as a bonus. So even if they form a government and pass a budget it wouldn't matter because Al-Kazemi only has to announce or present his transitional interim gov and can release the new rate afterwards.

So he isn't saying he needs the budget to finish what he is already doing. It will be needed once he no longer needs to use the EFSL.

Remember they were only going to put 51 trillion in the 2022 budget given how little time was left in 2022. And since the transitional gov is temporary I am positive funds from that will be transferred over to a general budget. The EFSL was always going to be temporary. So this article is of no surprise. Imo

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Iraqi News Thursday AM 8-11-22

.Iraqi News Thursday AM 8-11-22

Tlm724 Administrator Bondlady’s Corner

Al-Kazemi: We Are Ready To Hand Over Power To Any Elected Government

Political | 02:27 - 11/08/2022 Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi warned, today, Thursday, of the danger of not having a budget, while confirming his readiness to hand over power to any elected government.

Al-Kazemi said in his speech during the opening of the cabinet session that was held today and was followed by / Mawazine News /, "I offer my deepest condolences on the occasion of Ashura, the anniversary of the martyrdom of Imam Hussein (peace be upon him), from which we draw inspiration from the values ​​of sacrifice, justice, and fighting injustice, and from which we draw inspiration from the spirit of sacrifice, justice, and fighting injustice.

Iraqi News Thursday AM 8-11-22

Tlm724 Administrator Bondlady’s Corner

Al-Kazemi: We Are Ready To Hand Over Power To Any Elected Government

Political | 02:27 - 11/08/2022    Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi warned, today, Thursday, of the danger of not having a budget, while confirming his readiness to hand over power to any elected government.

Al-Kazemi said in his speech during the opening of the cabinet session that was held today and was followed by / Mawazine News /, "I offer my deepest condolences on the occasion of Ashura, the anniversary of the martyrdom of Imam Hussein (peace be upon him), from which we draw inspiration from the values ​​of sacrifice, justice, and fighting injustice, and from which we draw inspiration from the spirit of sacrifice, justice, and fighting injustice.

Belonging to the homeland and humanity, and the importance of building nations on the basis of justice,” noting that “we started with this government together by facing great economic, security, political and health challenges, and we accepted the challenge, and for nearly two and a half years we are still working to overcome all obstacles in very complex circumstances. ".

He added, "Iraq faces a real political problem in the post-election stage, and it needs a solution, and the solution requires dialogue, wisdom, and sacrifice, as Imam Hussein (peace be upon him) sacrificed for justice, values, and religion, and political leaders are also required to make sacrifices."

For the sake of the country, and for the sake of our children,” noting that “the challenges we face are reflected in the performance of the government and all the institutions of the Iraqi state, as this government spent 28 months, and it is unfortunate that during this period there was a budget only for 6 months, so how can the state work Without a budget?

He continued, "We are going through a difficult period, and with all this we have worked to overcome many problems," noting that "

He stated, "We are now in the eighth month of 2022, and there is no budget, and the imbalance is not in the government, but because of the existing political situation." .

Al-Kazemi warned of “the seriousness of the budget issue,” explaining, “We have good financial abundance and we need to invest it in rebuilding infrastructure and achieving the demands of our honorable people. ".

He stressed, "We have been late for 17 years and now we have a chance, and this government was at the same distance from everyone and focused on the technical side more than the political side," pointing out " We stand in the middle of the road, at the same distance from everyone; I hope the political blocs will support this government to accomplish its mission."

Al-Kazemi said, "We have provided money for electricity, health and lagging projects, and we must work with all our might to help our children," noting that "citizens are waiting for a lot from us, and this is their right to demand the government."

Al-Kazemi expressed his regret for “what is happening, as our people do not deserve this circumstance, but rather deserve the best and that we sacrifice for the sake of the people and the future,” noting that “the political dispute has begun to reflect on the service reality in the state, and therefore we must look for a solution.”

Al-Kazemi called on “everyone to engage in dialogue in all seriousness,” noting that “dialogue is the only solution to solving our problems and we have no other, as for resorting to methods of media escalation, and social media, and spreading chaos and frustration among people, this will not help in building the modern democratic experience. We are a young democracy, and we need to act according to wisdom and reason.”

Al-Kazemi called on "citizens to know that every day it is delayed in finding a solution to the political blockage, the government is restricted, and it is in a difficult situation to carry out its duties," explaining that "the work of the caretaker government according to the constitution, is to be coupled with a short period and not Staying for nine months without a new government."

He stated, "It is unreasonable for the government to remain tied, and the constitutional timings have been exceeded, and we are required to remain a caretaker government, and this is not possible," stressing the need for "political blocs to cooperate with the government to find a solution to the issue of the budget, and we are ready to help and play our role as an executive authority in accordance with Law".

He continued, "We have accepted the challenge in the past, and we are ready now, too. We worked calmly and tolerated injustice and slander, and all the rumors that tried to take from the determination of the ministers and the government, for the sake of Iraq and the Iraqis,"

noting that "we accepted the responsibility; to spare the people's blood, and we came In difficult circumstances and despite the absence of all the ingredients for success, and praise be to God, the government succeeded in presenting an achievement within a short period, by presenting works that a government did not achieve except in two sessions.

He stressed, "We have the ability to continue serving our people, but there must be real political support for the government instead of political differences," noting that "there are parties that always turn the conflict towards the government, and the government has nothing to do with it, as we are not a party to the political conflict."

And he said, "We went through an ordeal during the past two or three weeks, and the crisis was dealt with calmly, and we succeeded in not having Iraqi blood flowing on Iraqi lands, and we will continue with this approach," noting that "whoever thinks that this government is working to strain the atmosphere is mistaken." .

He said, "We have said since the first day: We are ready to hand over power to any elected government, and at the moment the political blocs agree, we are ready. And what is the talk about the government or the Prime Minister working to obstruct the formation of the government or the solution but nonsense," wondering, "Who is the one who is Will he accept to stay in these difficult circumstances?"

He stressed that "the story is not a position story, but a success story, either we are successful and accept the challenge, or the political blocs have to accept their role to find a solution to the blockage, in order to move towards a bright Iraq with an opportunity for hope, and we must be optimistic," stressing that There is no solution without dialogue."

He stressed, "I mentioned yesterday, and a week ago, and I repeat it now: a thousand years of dialogue is better than one moment in which there is a clash between Iraqis," noting that "Iraqi blood is precious, and our people have suffered a lot for 70 years, and therefore we must not devote a culture of destroying ourselves by ourselves, destroying the historical opportunity.

He pointed out that "Iraq may be in an advanced position today, as it has capabilities, wealth and financial abundance that help us build our country, and during the two years we succeeded in restoring our relations with all countries of the world, and Iraq became a point of meeting and integration with others, in order to serve our people and the peoples of the region.

" He pointed out, "We presented an initiative, which was approved by most of the political blocs, and we are still working to create an opportunity for dialogue."

He stressed "the importance of preserving our democratic system," stressing "the need to correct if there are wrong paths or if there are paragraphs in the constitution. Correction or change must be agreed upon by all the Iraqi people." Ended 29/M 99 https://www.mawazin.net/Details.aspx?jimare=202111

America Reinforces Its Forces In Iraq With Hundreds Of Soldiers

Political | 04:43 - 11/08/2022   Baghdad - Mawazine News   America is strengthening its forces in Iraq within the framework of the international coalition to eliminate ISIS with an additional 300 soldiers who will remain in Iraq for nine months and return to America in July 2023.

These additional soldiers belong to the 163rd Field Artillery Division of the Indiana National Guard, and these are The first time since 2008 that America sends this number of soldiers to Iraq.

An officer in the US National Guard Command, Aaron Lang, announced that National Guard forces are deployed annually to other countries, but such a number of soldiers have not been sent to another country before.

While about 85 countries participate in the international coalition to eliminate ISIS, this American officer did not explain the force that these soldiers go to strengthen, while US officials indicated that the 300 soldiers will support the security forces of the international coalition present in Iraq.

And American media indicate that American soldiers often volunteer to demand that they be sent to other countries, and at other times, military leaders choose soldiers and experts for this purpose.

US soldier Josep Beckler, one of the soldiers scheduled to be sent to Iraq, says he has served in Japan before and that the difference in weather and exposure to different cultures made him excited.

Pickler says the soldiers were trained before being sent to Iraq and told all about Iraq.

There are currently 2,500 American soldiers in Iraq, and these soldiers work within the framework of the international coalition to eliminate ISIS and within the framework of NATO, and they provide advice to the Iraqi forces, and it is not known whether their number will reach 2,800 soldiers with the arrival of the new force, or there will be a replacement of soldiers, as America does every now and then. finished 29/h

https://www.mawazin.net/Details.aspx?jimare=202122

Oil Prices Fall, Affected By Demand Concerns And Increased Supplies

Economie| 08:46 - 11/08/2022   Follow-up - Mawazine News:  Oil prices fell in early Asian transactions today, Thursday, as traders are waiting for more crude supplies to be pumped into the market, coupled with weak demand.

Brent crude futures fell 53 cents, or 0.5 percent, to $96.87 a barrel, while West Texas Intermediate crude futures fell 61 cents, or 0.7 percent, to $91.32 a barrel.

The US Energy Information Administration reported that US crude stocks increased by 5.5 million barrels in the last week, compared to an expected increase of 73,000 barrels.

Gasoline supplies also increased in the last week to 9.1 million barrels per day, despite data showing a six percent drop in demand in the past four weeks on an annual basis.

The International Energy Agency and the Organization of the Petroleum Exporting Countries (OPEC) are expected to release their monthly oil export data later today. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=202078

The Dollar Is Declining In The Iraqi Market

Economie| 09:27 - 11/08/2022   Baghdad - Mawazine News, the dollar exchange rates fell, today, Thursday, on the Iraqi Stock Exchange.  Selling price: 148,500 dinars per 100 dollars,   purchase price: 148,400 dinars per 100 dollars      https://www.mawazin.net/Details.aspx?jimare=202084

To read more current and reliable Iraqi news please visit BondLady’s Corner:

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"Tidbits From TNT" Thursday Morning 8-11-2022

.TNT:

CandyKisses: About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars

The Federal Integrity Commission announced, on Thursday, that 39 ministers and those of his rank and (241) of those with special grades, general managers and those of their rank, are among the accused in criminal cases.

She explained, during a press conference, that during the first half of this year, she considered (34,209) communications, reports and criminal cases, distributed among (8,877) communications, (10,535) reports, and (14,797) criminal cases.

It noted the recovery and prevention of wasting (1,773,380,063,273) dinars of public funds to the account of the public treasury through its deterrent and preventive measures.

The authority indicated that these amounts represent what has been actually recovered to the account of the public treasury, or those that have been revealed, or the funds that have been issued court rulings to return them, which prevented and stopped their waste.

 TNT:

CandyKisses:  About 300 Iraqi officials and ministers accused of corruption and integrity cases recover two trillion dinars 

The Federal Integrity Commission announced, on Thursday, that 39 ministers and those of his rank and (241) of those with special grades, general managers and those of their rank, are among the accused in criminal cases.

She explained, during a press conference, that during the first half of this year, she considered (34,209) communications, reports and criminal cases, distributed among (8,877) communications, (10,535) reports, and (14,797) criminal cases.

It noted the recovery and prevention of wasting (1,773,380,063,273) dinars of public funds to the account of the public treasury through its deterrent and preventive measures.

The authority indicated that these amounts represent what has been actually recovered to the account of the public treasury, or those that have been revealed, or the funds that have been issued court rulings to return them, which prevented and stopped their waste.

Integrity also said that its investigations led to the issuance of (731) arrest warrants by the judicial authorities, of which (396) were executed, including (8) ministers and those of his rank, and (53) of those with special degrees, general managers and those of their rank.

Integrity revealed that, during the first six months of this year, it worked on (58) files related to fugitives wanted in corruption cases, of which (23) files were processed, including (11) files against people with special degrees, general managers and those of their rank, in addition to (104 ) Files to recover the smuggled money, in which (166) judicial decisions were issued.

 She indicated that she had prepared, during the same period (9) drafts of cooperation agreements and memoranda of understanding with Iraqi, Arab and international ministries and governmental institutions, one of which was concluded.

************

Tishwash:  The Central Bank Announces An Increase In Its Cash Reserves To 82 Billion Dollars

On Thursday, the Central Bank of Iraq revealed that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels.

The official spokesman for the Central Bank, Omar Asim, said in a statement reported by the official "Al-Sabah" newspaper, which was seen by "The Information", that "the bank's reserves currently amount to 82 billion dollars."

Assem added, "Iraq also advanced 10 ranks in the table of countries with the most gold, to become the thirtieth in the world and fourth in the Arab world, as its total possessions exceeded 130 tons, after purchasing an additional 34 tons, and this came within the bank's policy to achieve stability and ability to confront Local and international economic variables.

Gold is one of the most important assets held by central banks and international financial institutions, due to its acceptance at the level of international dealings.  link

************

Tishwash:  "Get ready to support reform."..Sadr's minister calls on provinces to hold mass demonstrations tomorrow – Urgent

The Minister of the leader of the Sadrist movement, Saleh Muhammad al-Iraqi, called today, Thursday, for mass demonstrations in all provinces, while recommending that the sit-in should continue.

Muhammad al-Iraqi said in his blog post, which was followed by Alsumaria News, “The reform-lovers should prepare (to support reform) by gathering each in his governorate, and at five o’clock tomorrow, Friday, you will be rewarded with the best reward and stay until further notice from this page, not the forged pages, for several reasons:

First: Envying the corrupt... and you do not tread on any foothold that enrages the corrupt except that a good deed is written for you with it.

Second: Fill out legal forms to be submitted to the judiciary in order to dissolve Parliament.
Third: Condolences to the Ahl al-Bayt, peace be upon them, on the third imam: the day of burial of pure bodies

He continued, "As we have promised you, we are obedient and patient in the heat of the weather for the sake of the love of the people of the house and the love of reforming them. Do not fall short of that."

He stated, "There are no demonstrations in Najaf, I hope you abide by that."

And he stated, "And the sit-in should continue their sit-in, we are grateful.   link

************

Harambe:  Indonesia’s Rupiah Seen Rising to One-Year High as Funds Return | Bloomberg (8/11/22)

Indonesia’s rupiah will advance to the strongest level in almost a year as the country’s trade surplus and attractive yields lure overseas investors to local stocks and bonds, according to TD Securities.

The currency will appreciate to 14,057 per dollar in the next three months, matching the high set in October 2021, said Mitul Kotecha, head of emerging-market strategy at the company in Singapore. Attractive bond yields, rising palm oil exports to China, improving terms of trade and the prospect of interest-rate hikes should all support the currency, he said

“Indonesia is finally seeing a return of flows into both its bond and equity markets, marking a significant reversal from the previous weak trend,” Kotecha wrote in a note to clients Wednesday. The report was published before the release of the US July inflation data.

The rupiah climbed 0.5% Thursday to 14,798 per dollar as Asian currencies were boosted by the slide in the dollar after US inflation figures missed estimates. The rupiah has now extended its recovery from a two-year low of 15,038 set last month to about 1.6%.

Bank Indonesia has so far pushed back against raising rates, predicting that food-price inflation may ease in coming months. While the central bank has played for time, the Federal Reserve has been aggressively tightening, although the deceleration of US inflation last month may slow its pace of rate hikes.

Bank Indonesia is likely to start its rate-hike cycle this month and shift its stance “towards a less accommodative one”, which should also help support the rupiah, Kotecha said.

The central bank will also continue to defend the currency at the 15,000 level, while “relatively higher real policy rates than other countries in Asia also offers the IDR more protection”, he wrote.

Indonesian bonds are attractive as markets refocus on economic fundamentals following the selloff in emerging-market debt and Treasuries, JPMorgan Asset Management said last month.

https://www.bloomberg.com/news/articles/2022-08-11/indonesia-s-rupiah-seen-rising-to-one-year-high-as-funds-return

Candykisses:  FOLLOW THE CROWD OR WALK ALONE 

Mot:  .... Six Little Stories with ~~~~~

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Thursday AM Iraq Parliament News Highlights 8-11-22

.Thursday AM Iraq Parliament News Highlights 8-11-22

Parliamentarian: Al-Sadr Killed His Revolution And Retreated From The Demands For A Radical Change Of The Regime In Iraq

2022-08-10 06:51 Shafaq News/ On Wednesday, a member of the Iraqi Parliament, Basem Khashan, criticized the October demonstrators for joining the protests of the Sadrist movement, at a time when he considered that the leader of the movement, Muqtada al-Sadr, retracted the demands for a radical change of the regime in the country, and that he only aims to re-conduct the legislative elections to restore Seats lost by his bloc's resignation from Parliament.

This came in a post on the social networking sites "Facebook" entitled "How to deceive people in five days without a teacher?".

Thursday AM Iraq Parliament News Highlights 8-11-22

Parliamentarian: Al-Sadr Killed His Revolution And Retreated From The Demands For A Radical Change Of The Regime In Iraq

2022-08-10 06:51  Shafaq News/ On Wednesday, a member of the Iraqi Parliament, Basem Khashan, criticized the October demonstrators for joining the protests of the Sadrist movement, at a time when he considered that the leader of the movement, Muqtada al-Sadr, retracted the demands for a radical change of the regime in the country, and that he only aims to re-conduct the legislative elections to restore Seats lost by his bloc's resignation from Parliament.

This came in a post on the social networking sites "Facebook" entitled "How to deceive people in five days without a teacher?".

In that publication, Khashan said that "part of the demonstrators decided to participate in his "revolution", even in another arena, because they thought that Sadr had taken his first step to achieve the radical change of the system, the constitution and the elections that he promised them, and they thought it was an opportunity that would not be repeated, and the truth is that These demands were just bait to lure them."

And he saw that "Al-Sadr retracted these demands frankly, and killed his revolution, so the demands for radical change died, and he made it clear that he only wanted to hold early elections that would restore his seats that he had lost with the resignation of his deputies. Declaring their adherence to what al-Sadr abandoned, and they are trying to convince people that radical change will take decades, and people must be patient with what has befallen them and what will happen to them until God grants them a clear victory.

Khashan continued by saying, "We advised our comrades, but they did not take our advice, but rather stuck to something that achieves the people's current and future interests, and we advise them now, that the shortest path to reform is the path of the constitution and the law supported by the popular movement, and this is what Tishreen followed thanks to the demands that I wrote myself."

The independent deputy concluded, "Tishreen is the revolution of the people and the constitution against all those who violated the people's rights and money, and it was not a coup against the constitution of Iraq, which preserves its unity and guarantees the rights of its children."

Al-Sadr recently adopted the slogan of dissolving the House of Representatives and proceeding to hold early elections in the country, after bringing the followers of the current to the street in a clear position in raising the ceiling of demands against the background of the failure in the political process.

The political scene in Iraq has undergone serious developments since supporters of the Sadrist movement led by prominent Shiite cleric Muqtada al-Sadr stormed the parliament building in the fortified Green Zone in central Baghdad, and protested against the nomination of the coordination framework, Muhammad Shia Al-Sudani, for the position of Prime Minister for the next federal government.

Then, near the suspension bridge leading to the Green Zone, demonstrations against the Sadrist movement took place by the audience of the coordination framework, after an invitation from the "Organizing Committee to Support Legitimacy and Preserve State Institutions."

The Sadrist bloc had obtained the highest votes in the early legislative elections that took place in October of 2021, but the efforts of the leader of the current failed to form the new federal government due to the Shiite coordination framework standing in its way by obtaining a fatwa from the Federal Court with the so-called blocking third in a contract The session for electing the President of the Republic, which paves the way for naming the Prime Minister.

The three-way alliance between the Kurdistan Democratic Party led by Masoud Barzani, the Sovereignty Alliance headed by Khamis al-Khanjar, and the Sadrist movement led by Muqtada al-Sadr was broken following the resignation of the Sadrist bloc's deputies, and the movement's withdrawal from the political process by order of al-Sadr.

The political scene is living in a crisis situation and a dead end unprecedented in the history of Iraq, as more than 300 days have passed since the early elections without being able to form a new government in the country, and the survival of the caretaker government headed by Mustafa Al-Kazemi.

On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure.

As soon as the preliminary results of the elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.    LINK

The Surroundings Of Parliament Are Filled With Husseini Processions In An Unprecedented Scene

Posted On2022-08-10 By Sotaliraq   The surroundings of Parliament are filled with Husseini processions in an unprecedented scene 8076-1[/size]

As soon as the evening of the ninth of Muharram came, the number of arrivals to the vicinity of the Parliament building began to increase, after the erection of tents and Husseini processions, where hundreds of people camped.

With hundreds of processions scattered, and the number increased every time one approached his building, the parliament seemed to be one of the holy places.

The rituals were not limited to mentioning the incident of Tuff only, but also included educational lectures and religious sermons presented by the elders of the Sadrist movement, as well as monologues and supplications for salvation from injustice and oppression.

The sit-in did not spare any effort to make the rituals held in the place a success for the first time, and some of them spent the night transporting supplies and providing services

The rise in temperatures and the increase in the number of mourners prompted the protesters to set up tents for medical detachments called Ambulance Al-Watan, which were spread in the courtyards of Parliament to treat the mourners, especially since some of them continued their work for more than 12 hours.

According to the protesters, the tents and processions will remain even after the Ashura ceremony ends, in an indication of an increase in the pace of protest in the coming days, amid anticipation of Al-Hananah directives.

It is not possible to estimate the number of arrivals to the Green Zone on the night of the tenth of Muharram, as all the streets leading to Parliament were filled with sit-ins.  LINK

Dissolution Of Parliament And Re-Election .. Mutual Conditions And Adherence To Positions

Sumerian special    2022-08-11 | 04:48  Source:   Sumerian   204 views  And between these two parties there are other political forces, some of which support al-Sadr’s steps, and others whose positions are still unclear in this regard, such as the Kurdish forces, especially the Kurdistan Democratic Party, which some indicate that his position is approaching the coordination framework and is looking for consensus as a prerequisite for dissolving Parliament.

In a general view of the current political scene and the convulsions and fluctuations it is witnessing, and the presenting and rejection of conditions, the focus of the current dispute between the parties on the issue of dissolving Parliament can focus on the mechanism that will be followed to achieve this. Each party has its vision and adheres to it.   LINK

Kurdish-Kurdish Disputes Precede The Legislative Elections

Sumerian special   2022-06-03 | 05:18   Source:  Sumerian  1,096 views   Kurdistan Parliament Elections: Kurdish-Kurdish Disagreements Preceed the Legislative Elections.

Differences continue between the two Kurdish parties despite the recent rapprochement. The presidential candidate is still pending. The election law in the region has entered the stage of conflict amid demands to amend it along the lines of the federal law.

The conflict continues within the Kurdistan region between the two main Kurdish parties despite entering into negotiations to thaw the presidential candidate, while the parliamentary elections in the region remain the most important issue internally, as the Patriotic Union and the Democratic Union are trying to resolve their differences on a number of points.

The dispute between the two Kurdish parties is based on the election law, where the Democratic Party defends the current formula, while the Union calls for the need to amend most of its paragraphs through the current parliament.

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The Kurdish parties view these elections with great importance because of the international interest in them at a time when the political arena in the region awaits the meeting of the Kurdish forces with the UN representative to theIraqOn the ninth of next month, which is possiblethatcome out with a public agreement.

The Kurdish parties are scheduled to hold parliamentary elections in the tenth month of the current year, according to the decree signed by the president of the region Nechirvan Barzani Earlier.   LINK

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Thursday AM Iraq Economic News Highlights 8-11-22

.Thursday AM Iraq Economic News Highlights 8-11-22

Central Bank: Cash reserves rise to 82 billion dollars

Economie| 11:05 - 11/08/2022 Baghdad - Mawazine News The Central Bank of Iraq revealed, on Thursday, that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels.

The official spokesman for the Central Bank, Omar Assem, said in an interview with the official newspaper "Al-Sabah", followed by Mawazine News, that "the bank's reserves currently amount to 82 billion dollars."

Thursday AM Iraq Economic News Highlights 8-11-22

Central Bank: Cash reserves rise to 82 billion dollars

Economie| 11:05 - 11/08/2022   Baghdad - Mawazine News   The Central Bank of Iraq revealed, on Thursday, that cash reserves had risen to $82 billion, as well as an increase in its gold balance to record levels.

The official spokesman for the Central Bank, Omar Assem, said in an interview with the official newspaper "Al-Sabah", followed by Mawazine News, that "the bank's reserves currently amount to 82 billion dollars."

He added, "Iraq also advanced 10 ranks in the table of countries with the most gold in possession, to become the 30th globally and 4th in the Arab world, as its total possessions exceeded 130 tons, after purchasing an additional 34 tons, and this came within the bank's policy to achieve stability and ability to face changes." local and international economics. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=202097

Despite Paying The Full War Debts.. Iraq Is Obligated To Pay Other Money To Kuwait

Article  at link:  https://baghdadtoday.news/ar/news/197541/A

Iraq Loses 3 Trillion Dinars In One Year Due To The Corruption Of Outlets

Baghdad / Obelisk: The economic expert, Manar Al-Obaidi, revealed, on Wednesday, August 10, 2022, that Iraq lost more than three trillion dinars during the past year 2021 due to the waste taking place at the border crossings.

Al-Obaidi said in a clarification on Facebook, which was followed by the obelisk, that "seven countries announced the volume of their exports to Iraq in 2021, which amounted to more than 37 billion dollars, according to official reports issued by the customs authorities in those countries."

Al-Obaidi added: On the other hand, the Iraqi Customs Authority announced its data published by the Central Bureau of Statistics, in which it stated that the total volume of Iraq's imports amounted to 16 billion US dollars, and that the volume of Iraq's imports from these seven countries amounted to only 7 billion dollars, a difference of 30 billion dollars.

He explained, "This big difference indicates the volume of unregistered goods entering Iraq through unofficial ports or through unofficial ways, which led to Iraq's loss of more than 3 trillion Iraqi dinars as a minimum as a result of customs not obtaining the imported materials, which reflects the volume of waste that occurs in the field of ports." border, which has been talked about for a long time, but it is still clearly far from the required efficiency.”

Al-Obaidi indicated that "the Central Bank of Iraq sold more than 37 billion US dollars in 2021, most of which were to cover Iraq's imports, according to the data of the Central Bank."     https://almasalah.com/archives/9931

Low Dollar Exchange Rates In Iraq

Economie   2022-08-11 | 02:52   2,907 views  Alsumaria News – Economy  Alsumaria News publishes the exchange rates of the dollar against the Iraqi dinar in the Iraqi local markets on Thursday.

The selling prices of the dollar were 148,500 dinars per 100 dollars, while the purchase prices of the dollar were 148,400 dinars per 100 dollars.

 and decidedCentral Bank of Iraq Earlier, the exchange rate of the dollar against the Iraqi dinar was modified, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, while the price of selling it to banks was set at (1460) dinars per dollar, while the selling price to the citizen was at (1470) dinars per dollar.    LINK

Zaidan And The Minister Of Resources Discuss Judicial Procedures Against Saboteurs And Water Trespassers

Policy  2022-08-11 | 05:17   Source:  Alsumaria news  204 views  Today, Thursday, the President of the Supreme Judicial Council, Faiq Zeidan, discussed, during his meeting with the Minister of Water Resources, Mahdi Rashid Al-Hamdani, the judicial procedures against violators of the law, including violators and saboteurs of the irrigation channels.

And the judiciary's media said in a statement received by Alsumaria News, "The President of the Supreme Judicial Council, Faeq Zaidan, received the Minister of Water Resources, Engineer Mahdi Rashid Al-Hamdani, and discussed with him the judicial procedures against violators of the law, violators and saboteurs of the irrigation channels."

Zaidan indicated, according to the statement, that "sabotaging public property is a crime punishable by the anti-terrorism law under Article 2, paragraph (1) of it, and strict measures must be taken against those who commit these crimes."   LINK

Customs: Central Region Customs investigations seize 8 violating trucks

Economie| 10:53 - 11/08/2022   Baghdad - Mawazine News   The Customs Authority announced, today, Thursday, that the Central Region Customs investigations seized 8 trucks in violation of import controls and conditions.

The authority said, "its cadres in the Investigation and Combating Smuggling Department of the Central Region Customs Directorate seized 8 trucks containing various materials (secondary ceilings, fiber-class poles, construction, clothing, and various materials) in cooperation with the Iraqi National Security Agency and the Economic Security Directorate, as they were a violation. The import controls and conditions have been taken, and legal measures have been taken against them in accordance with the applicable customs law.

The authority added, in a statement received by Mawazine News, that "these measures come based on the directives of the Director General of the General Authority of Customs in activating the role of the investigation and combating smuggling department in all directorates of the authority." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=202095

Oil Prices Fall On Demand Concerns And Increased Supplies

Economie| 08:46 - 11/08/2022   Follow-up - Mawazine News:  Oil prices fell in early Asian transactions today, Thursday, as traders are waiting for more crude supplies to be pumped into the market, coupled with weak demand.

Brent crude futures fell 53 cents, or 0.5 percent, to $96.87 a barrel, while West Texas Intermediate crude futures fell 61 cents, or 0.7 percent, to $91.32 a barrel.

The US Energy Information Administration reported that US crude stocks increased by 5.5 million barrels in the last week, compared to an expected increase of 73,000 barrels.

Gasoline supplies also increased in the last week to 9.1 million barrels per day, despite data showing a six percent drop in demand in the past four weeks on an annual basis.

The International Energy Agency and the Organization of the Petroleum Exporting Countries (OPEC) are expected to release their monthly oil export data later today.

https://www.mawazin.net/Details.aspx?jimare=202078

The Investment Confirms The Completion Of The Basmaya Project And Clarifies The Prices Of Units And Services

Economie| 09:59 - 10/08/2022   Baghdad - Mawazine News   Today, Wednesday, the Investment Authority clarified the most prominent points of contention that stopped work in the Basmaya residential complex during the last period, and while it confirmed its resolution and resumption of work, reassuring citizens of the completion of the project, it responded to the demands to develop the services of the complex and establish the road leading to it, pointing to the imminent opening of a large commercial project in it.

The head of the Investment Authority, Suha Al-Najjar, said that "the dispute with the Korean Hanwha Company revolved around the achievement and the financial position, as the company stopped working, claiming that the government and the Investment Authority failed to pay the required financial payments in exchange for continuing work."

She added, "After reviewing the matter by referring to Deloitte International Company to conduct the legal and financial audits, it was found that the government handed the company more financial payments than the company deserves for the achieved completion rates, which range between 30-35%, while the government handed the company money equivalent to a completion rate that should reach to 50%, which the company did not reach and means that it received more payments than the actual achievement.”

And she added, "Based on these legal facts, we have held negotiations with the company to discuss the outcomes of the audit process, which proved that the Iraqi government paid an amount exceeding one billion dollars above the amount owed to the company. .

She pointed out that "the Basmaya project includes the construction of 100,000 housing units, the authority received only 20,000, and in return the company implemented an unparalleled infrastructure in Iraq, and we assure the citizens that work on the project will be completed and will continue."

Regarding the conditions for obtaining housing units by citizens and whether they have changed, Al-Najjar indicated that "the conditions have not changed and are the same, and the prices of apartments will remain in dollars. There is a very strong demand and they are determined to complete the project."

With regard to the project of the road leading to Basmaya and the services needed by the residents of the complex, Al-Najjar explained, "The road was taken over by the Ministry of Housing and entered into last year's budget and will continue, and the Ministry has taken serious steps to clear the conflicts to complete it," noting, "As for the issue of services, it declined due to Hanwha's suspension of work and once it resumed." Services will be redeveloped, and a commercial complex for the international Carrefour company will be opened in Besmaya, and we stressed that it must be completed quickly.”

Earlier today, Wednesday, the National Investment Commission announced the details of its discussions with the Korean Hanwha Company regarding the Basmaya residential complex, while indicating that there is a serious desire to move forward with the project and overcome all problems. Ended 29 / p. 87

https://www.mawazin.net/Details.aspx?jimare=202059

Closure Of An Iron And Steel Plant In The Kurdistan Region

Posted On2022-08-11 By Sotaliraq    On Wednesday, the Directorate of Forest and Environment Police in Sulaymaniyah Governorate announced the closure of a factory for the production of rebar within the borders of the “Bazian” region.

The directorate said in a statement that "due to the increase in the amount of toxic smoke emitted and the danger it poses to the environment of the region, yesterday, Tuesday, a detachment from the Forest Police Station in Bazian went to the location of the "Super Steel" armament factory in the "Bazian" district.

The statement added that after warning the factory about the presence of smoke and toxic waste, and confronting it with legal violations, it was decided to close the factory until this problem is addressed, pointing to the organization of an investigation file for the factory and handing it over to the judiciary.

Super Steel was established in the year 2011, and it is a company specialized in the field of iron manufacturing, mold and scrap metal recycling in the Kurdistan Region.   LINK

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Wednesday Afternoon Iraq Parliament News Highlights 8-10-22

.Wednesday Afternoon Iraq Parliament News Highlights 8-10-22

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage

Political | 12:36 - 10/08/2022 Al-Kazemi: The Mosul International Airport project is strategic and important and will provide job opportunities

Al-Kazemi: We succeeded in crossing the economic and security challenges

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage

Wednesday Afternoon Iraq Parliament News Highlights 8-10-22

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage

Political | 12:36 - 10/08/2022   Al-Kazemi: The Mosul International Airport project is strategic and important and will provide job opportunities

 Al-Kazemi: We succeeded in crossing the economic and security challenges

 Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage      https://www.mawazin.net/Details.aspx?jimare=202016

The New Generation Decides To Boycott The Meeting Of The Presidency Of The Region With The Heads Of The Kurdish Parties 

Policy   2022-08-10 | 05:03  Source:        Alsumaria news   1,122 views   Alsumaria News – Baghdad   The New Generation Bloc decided today, Wednesday, to boycott the meeting of the Kurdistan Region Presidency with the heads of the Kurdish parties under the supervision of the United Nations on the elections.

The head of the New Generation bloc, Sarwa Abdul Wahed, said in a tweet that Alsumaria News followed, that "due to the arrests of citizens, cadres of the new generation, activists and journalists, the (New Generation) movement decided to boycott the meeting of the region's presidency with the heads of the Kurdish parties under the supervision of the United Nations on the elections."

Earlier in the day, the Kurdish parties held a meeting, in the presence of the representative of the Secretary-General of the United Nations, Jenin Plasschaert, to discuss the political situation and resolve the presidential candidate.

 A political source said that "the meeting of the Kurdish parties was held today after an invitation from the President of the region, Nechirvan Barzani."

 He added, "The meeting was attended by several major parties in the region, the Patriotic Union of Kurdistan, the Kurdistan Democratic Party and the Change Movement, as well as the Islamic Union, the Islamic Group, the Socialist Party and the Communist Party," stressing that "the meeting was attended by the representative of the Secretary-General of the United Nations, Jenin Plasschaert."

 He continued, "The reports of the parties that were prepared after the last meeting will be discussed, in addition to discussing the political situation and the issue of resolving the president of the republic."

Last Saturday, dozens of people demonstrated in Sulaymaniyah, protesting the conditions in the Kurdistan region, while the security forces arrested deputies, journalists, activists and citizens.  LINK

In The Presence Of Blackshart.. The Start Of A Meeting Of Kurdish Parties In Erbil

 Policy  2022-08-10 | 04:21  336 views  Today, Wednesday, the Kurdish parties held a meeting in the presence of the representative of the Secretary-General of the United Nations, Jenin Plasschaert, to discuss the political situation and resolve the presidential candidate.

Our correspondent said, "The meeting of the Kurdish parties was held today after an invitation from the President of the region, Nechirvan Barzani."

He added, "The meeting was attended by several major parties in the region. Patriotic Union of Kurdistan   And the   Kurdistan Democratic Party   The Change Movement, as well as the Islamic Union and the Islamic Group and  Socialist Party

And the  Communist Party  "The meeting took place in the presence of the representative of the Secretary-General of the United Nations, Jenin Plasschaert."

He added, "The reports of the parties that were prepared after the last meeting will be discussed, in addition to discussing the political situation and the issue of resolving the president of the republic."   LINK

Al-Kazemi: There Are Great Efforts To Rebuild Mosul

political| 09:46 - 10/08/2022  Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi said, on Wednesday, that Mosul International Airport will provide many opportunities in various fields for Nineveh Governorate, noting that there are "colossal" efforts to rebuild the city of Mosul.

Al-Kazemi's office said in a statement received by "Mawazine News", that "Prime Minister Mustafa Al-Kazemi laid, today, Wednesday, the cornerstone of the project to rehabilitate Mosul International Airport in Nineveh Governorate."

The statement added, "Al-Kazemi had directed to complete the requirements for the launch of the project on a previous visit to the governorate last month, in order for the launch to be effective and in accordance with the standards and requirements that prevent the project from delaying, and ensure its completion on time."

The statement quoted Al-Kazemi as saying that "Mosul International Airport will give many opportunities in various fields to Nineveh Governorate and neighboring regions in transporting goods and travelers."

Al-Kazemi added, "There are colossal efforts to rebuild the city of Mosul, which are subject to direct follow-up and follow-up, to ensure that these projects and works are completed as quickly as possible in order to serve the people of Nineveh, and in order for the citizen to see real results of reconstruction." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=201993

Contrasting speeches penetrated into the struggle of Al-Matoulah between Al-Sadr and Al-Maliki[/size]

Posted On2022-08-10 By Sotaliraq  In the manner of Muqtada al-Sadr, the leader of the Sadrist movement, Nuri al-Maliki, head of the State of Law coalition, came out with a speech challenging the movement, saying, “There is no solution to the House of Representatives, no regime change, and no early elections except by the reconvening of Parliament, and it is the one who discusses and decides.”

Hours later, the response of the leader of Al-Hanana, “The corrupt does not rule, and like me does not pledge allegiance to corruption,” in a speech and a counter discourse that delves into the Al-Matulah conflict that began on the social media sites, and later moved to the street, in the balances of power that Al-Sadr knows how to manage, and how to elude leaders in the The framework, however, is that the rules of the game expand and grow and change so that no maneuver or pressure card is useful with it.

The political scene is still divided after ten difficult months, between a looming revolution that will change the shape of the political process, and those who are entrenched behind their parliamentary influence and weight in the framework.

A source in the coordinating framework says that deep differences between his two teams may end in a collision if those who want to contain the crisis are not outweighed by the absorption of al-Sadr's demands, in return for those who are heading towards escalation, considering that any concession now will lead to a repetition of the scene of storming al-Khadra to obtain political gains.

With the transformation of the political conflict into an existential struggle, it seems that all the doors to the solution are closed and have no keys, while the rest of the forces are waiting for the outcome of the political process and are waiting for white smoke from the green, and who will raise the flag first. LINK

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Iraqi News Wednesday Evening 8-10-22

.Iraqi News Wednesday Evening 8-10-22

Tlm724 Administrator Bondlady’s Corner

Economic Dynamism And The Positioning Of Economic State Building In Iraq

Articles

Aqil Jaber Ali Al-Mohammadawi / researcher in financial and development affairs

According to the foreseeable global, political, international and economic changes and transformations, and the focus of international coalitions and alliances, each according to its approach, interests, strategies, influence and vision to lead the new world order, logically the world has entered a new era of competition between scientific methodological knowledge that is rapidly transforming, adapting and modeling, and the needs of the requirements of new life and the sustainability of survival after the environmental crisis The Corona pandemic, global discoveries and challenges, and building a new innovative global economy capable of ensuring the sustainability of humanity’s survival in a densely populated planet.

Iraqi News Wednesday Evening 8-10-22

Tlm724 Administrator Bondlady’s Corner

Economic Dynamism And The Positioning Of Economic State Building In Iraq

Articles

Aqil Jaber Ali Al-Mohammadawi / researcher in financial and development affairs

According to the foreseeable global, political, international and economic changes and transformations, and the focus of international coalitions and alliances, each according to its approach, interests, strategies, influence and vision to lead the new world order, logically the world has entered a new era of competition between scientific methodological knowledge that is rapidly transforming, adapting and modeling, and the needs of the requirements of new life and the sustainability of survival after the environmental crisis The Corona pandemic, global discoveries and challenges, and building a new innovative global economy capable of ensuring the sustainability of humanity’s survival in a densely populated planet.

Despite the recent statistics that indicate a decrease in the population of the world’s countries due to the causes of Covid-19 infection, and the increase in poverty and violence rates as a result of political, climatic, economic, health and other transformations.

Benefiting from new scientific and economic knowledge has become a trend in the twenty-first century of great interest, competitiveness and global dominance.

In response to global changes and developments, and environmental, economic and financial crises, countries faced the task of modernizing public government administration accordingly.

The attempt to explain the dynamic approach from the theoretical side and the transition to the practical and applied side is a very complex matter, and the context of the transition requires an in-depth understanding of the role of the economic and financial positioning of the state and its mechanisms.

It is clear that the objective and traditional economic foundations of governance and state mechanisms in the conditions of the market system contributed to slowing down the development of the economy, which requires active participation of the state in building mechanisms and an active economic pattern, improving spending on scientific knowledge and mitigating economic and non-economic risks methodically and practically.

When reviewing the opinions of specialists, experts and professors of economics, it is noted that they praised the market economy as one of the greatest achievements of human civilization. Undoubtedly, he has stood the test of time and managed to convincingly show his immense vitality. History does not know examples of a national economy under a market economy that works efficiently without advanced and flexible active market mechanisms that work according to standard economic models that are consistent and adapt to the mechanisms of the state.

The modern economy, as evidenced by the practices of all countries of the world, including the economies of the Arab countries without exception, presupposes the active participation of the state in it as a guide and supervisor for the issue of market economic relations in the form of an economic system that draws the patterns of the relationship and the dynamics of the relevant economy, as well as regulatory and governing bodies.

In different countries of the world, relations between the government and the main economic actors (entrepreneurs, business families and unions) are built in different ways, according to traditions, real practices, market dynamics and accumulated experiences.

The intervention of state mechanisms and decisions in economic processes is also implemented to a different extent. However, the general line is that the role of states in the economy becomes more and more complex over time and requires more and more qualifications and responses from government agencies. It also requires visualizing the influence of the state on the economy not in quantitative estimates (more - less), but in terms of economic efficiency and qualitative merit of state organization.

When formulating certain questions, the state, on the one hand, does not claim to be a kind of maker of the economic system, and on the other hand, it is not limited to performing the functions of a "night watchman". This instills in the economist a balanced view of the state, free from both excessive enthusiasm and bias with the importance of the theories of Keynes, Friedman and others,

but we find it necessary that it be a realistic economic and financial philosophy that establishes the adoption of economic models and the interpretation of economic phenomena and the proposal of studied microprocessors in a manner consistent with the business environment and the economy objectively and realistically. .

The theoretical and methodological basis should be rooted and the Iraqi economic model should be consolidated in order to form efficiency and economic and financial merit, scientific, analytical, research and innovative sober, and intensify the search for new research and scientific models (including, but not limited to, the modern institutional economy, knowledge economy, digital economy techniques, modern economic system, economic methodology, for example, but not limited to Talking...etc.)

The economic functions of the state in Iraq, according to its traditional undeveloped economic system and the lack of mastery of modern market management methods, as well as the structural imbalances and the lack of accurate diagnosis of the reality of challenges and the series of changes and economic transformations as it seems to me without embellishment of reality or the economic situation seems particularly complex (in essence, complex ).

And most importantly, the continuation of the concerned governmental economic philosophical theorizing and interested in economic and financial decision-making that is practically unproductive for reasons outside the adaptation of applicable economic theory and without logical and realistic responses on the one hand, and for not changing the economic mentality that controls the philosophy and trends of the non-model Iraqi economy on the other hand, as well as political will .

The basis of any type of market economy is the private sector, and its subjects have mutual and growing special interests and goals, as well as relations, ties and mutual interests. As they are often conflicting or intersecting in order not to devote and consolidate the methodology of developing and sustaining the work of the private sector.

Usually, a very important question arises regarding the role of the state’s / or government’s supposed intervention in stopping or confronting deflationary fiscal policy. Undoubtedly, before answering this question, it is necessary to understand the role of the state’s positioning in economic construction and organization, whether in the case of economic deflation, stagflation or complex economic situations.

And another complex, and taking into account the lack of clarity of the optimal economic model for dealing with how to adopt the economic philosophy and the methods and policies required in its light.

Far from jumping from the facts and realistically and respecting the efforts of other actors and influencers in the trends and development of the Iraqi economy (decision-making, decision-making, diagnosis, analysis, evaluation and others), there is a perception that the implementation of the current unorganized and inconsistent economic and financial reform programs and efforts with scientific and specialized knowledge as it seems to me realistic It is not uncommon for it to lead, whether in deflation or stagflation or other things, to a weakening of the severity of economic problems,

but rather an exacerbation of them, especially the absence of a future vision and economic and financial initiatives and responses (and diligence in generating / or making theoretical financial and economic complexities of the government with an inflexible economic philosophy that is not desirable Achieving economic growth or real development in a realistic way) in light of the continued rise in selling prices of Iraqi crude oil in global markets.

Because of the importance of this topic, a special vision will be prepared later in the financial economy that deals with the dynamics of the Iraqi economy in accordance with the adoption of an active economic model in harmony with the business environment and the economic market...       Views 113  Added 08/10 2022 - 9:36 AM   Update 08/10 2022 - 5:36 PM

https://economy-news.net/content.php?id=29248

“Disastrous Effects” .. UN Report: The Construction Of An Alcohol Dam Threatens Food Security In Iraq

Reports  Economy News – translation   A recent report issued by the United Nations Office for Coordination warned of the catastrophic effects of the construction of the Makhoul Dam, which is currently being worked on between the governorates of Kirkuk and Salah al-Din, indicating that the negative effects may threaten the food security of the Iraqi state.

The report, titled "Migration, Environment and Climate Change in Iraq", translated by "Al-Iqtisad News" , stated that " the Makhoul dam is located between Kirkuk and Salah al-Din, and the government resumed work on it in 2021, which is expected to be completed within five years, with the aim of establishing a reservoir with a capacity of three Billions of cubic meters to address the water scarcity crisis in Iraq .

He added, "The project raises serious concerns about its feasibility and impact, as it is expected to disrupt the lives of about 118,412 individuals, because the dam basin includes 39 populated villages, which means that more than 150 square kilometers of inhabited villages will be flooded and 67 square kilometers of Agricultural land will be incorporated, and up to 61,000 head of livestock may be lost, raising food security concerns for the entire country.

The report warned of the flooding of more than 395 civilian facilities (schools, clinics, water and electricity stations, cemeteries, sports stadiums and cultural centers), depriving local communities of basic services such as health, electricity, drinking water, education and sanitation . Over the next five years, if the dam becomes operational at full capacity, burial sites and cemeteries will be flooded."

He pointed out that, "Since the start of work, there have been no attempts to assess the losses of civilian infrastructure, including health facilities, water, electricity, and schools, or the social and cultural losses that might result from this. Inventories related to families and communities did not appear in any plans at the governorate level, Nor was there a formal attempt to speak or engage with the communities."

"Farm workers and landowners see the dam as a serious threat to their livelihoods, which is particularly the case for the relatively large number of female-headed households , currently engaged in small-scale agriculture and with significant concerns about food in the future," the report noted. .

Views 236   Added 08/10/2022 - 1:51 PM   Update 08/10 2022 - 6:06 PM

https://economy-news.net/content.php?id=29258

Iraq Reissues A Consignment To Jordan

Economie| 09:15 - 10/08/2022   Baghdad - Mawazine News   The Customs Authority announced, on Wednesday, the re-issue of a consignment to Jordan by the Trebil border customs center.

In a statement received by Mawazine News, the authority's media said, "The Trebil border customs center reissued a consignment (clothes) to the Jordanian side, in violation of import controls and conditions."

In the context, the statement indicated that "the Investigation and Anti-Smuggling Department of the Western Region Customs Directorate managed to seize a consignment (secondary ceilings) whose route was changed at the entrances to the city of Ramadi."

The statement stressed that "all necessary legal measures have been taken against the violators." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=201988

Sarwa Abdul Wahed Announces Boycott Of The Meeting Of Kurdish Parties Under The Supervision Of The United Nations

Wed, Aug 10 2022 12:31 PM   Baghdad / National News Center  The head of the New Generation Parliamentary Bloc, Sarwa Abdul Wahed, announced today, Wednesday, a boycott of the meeting of Kurdish parties under the supervision of the United Nations over the elections in the Kurdistan region.    https://nnciraq.com/146342/

 

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