"Tidbits From TNT" Wednesday Morning 8-24-2022

TNT:

Harambe:  Iran, Russia exchange rial, rouble for the first time to trade | IRNA

 (8/24/22)

The exchange of currencies happened through Russia’s Mir business bank, Kazem Jalali said in a meeting held in Moscow on Tuesday evening with industrial practitioners who are present in MIMS Automobility Moscow (Int'l Exhibition of Automotive Parts, Components, Car Maintenance Equipment, and Products) underway in the Russian capital.

As the current Iranian government, which took office a year ago, is after developing cooperation with neighbors, the Islamic Republic pays special attention to Russia, Jalali underlined.

Russians and foreign participants in the MIMS Automobility have wondered when they saw Iran’s industrial capabilities introduced to the exhibition, he added.

The MIMS Automobility Moscow (Int'l Exhibition of Automotive Parts, Components, Car Maintenance Equipment, and Products) kicked off in the Russian capital on August 22 and is to go on for four days. About 600 companies from 18 countries have participated in the event.

He went on to say that agricultural products are the main parts of Iran’s exports to Russia; meanwhile, Tehran can today export technology to this country.

Touching upon the issue of North-South Transport Corridor whose deal started in 2000, the ambassador said the Russian side has stressed the importance of completing the corridor.

North–South Transport Corridor is a sea, rail, and road route expected to facilitate and boost exchange of goods between Iran, India, Russia, Europe, and the Central Asian states.

In his remarks, the ambassador also referred to good agreements between Iranian and Russian customs administrations, and described it as a big step.

Also about the 25-year document on agreement on cooperation between Tehran and Moscow, Jalali said it is not a secret issue but a strategic agreement whose draft has already been prepared and the two governments will sign it after review; then it will be sent to the Majlis (Parliament) for approval.

https://en.irna.ir/news/84864149/Iran-Russia-exchange-rial-rouble-for-the-first-time-to-trade

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Tishwash:  Al-Kazemi: The security and military forces will not be drawn into political conflicts

The Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, affirmed today, Tuesday, that the Iraqi security and military forces will not be drawn into political conflicts, while waving “harsh” punishments against violators.

Yahya Rasoul, spokesman for the Commander in Chief of the Armed Forces, said in a statement received by Earth News, "Al-Kazemi confirmed that the Iraqi security and military forces will not be drawn into political conflicts, and will not be a party to them, and their duty will always remain to protect Iraq and its capabilities, and the sanctity of Iraq's blood."

Al-Kazemi directed to "implement the harshest legal penalties against any member of the Iraqi security and military forces who violate the established instructions in this regard."  

Al-Kazemi stressed "the need for all security and military units to conduct an audit of their employees, and to apply legal procedures against violators."

The Commander-in-Chief stressed "preventing the security and military institutions from issuing any statement of a political nature, or that represents a transgression and a suggestion that any institution is not committed to the applicable military and security context  link

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CandyKisses:  Judiciary denies filing international complaint over sit-in yesterday

 The Supreme Judicial Council clarifies that ladies and gentlemen judges and members of the Public Prosecution who continue to serve in particular are committed to the obligations and duties imposed on them by the Judicial Organization Law, including not acting with individual diligence in cases that occupy public opinion, so the Supreme Judicial Council denies the publication containing the request of the group of judges to complain before international courts regarding the events of 23/8/2022, especially since the Iraqi judiciary is competent and able to deal with any case in accordance with the Iraqi laws in force.  

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Tishwash:  Riyan" accounts for the Iraqi state... The continued contribution of oil to 96% for the third month

The Ministry of Finance issued the Iraqi state accounts for the month of June for the fiscal year 2022, which indicated that the contribution of oil to the federal budget is still high, reaching 96% for the third month in a row, while an economic expert attributed the matter to high oil prices and zero customs.

Shafaq News Agency continued, the data and tables issued by the Ministry of Finance in the current month of August for the accounts of last June, which showed that oil is still the main resource for Iraq's general budget, reaching 96%, which is the same percentage for the month of last May, which indicates that the rentier economy is The basis for Iraq's general budget.

Through the financial tables, it appears that the total oil revenues for the month of June amounted to 72 trillion and 476 billion and 471 million and 603 thousand and 97 dinars, which represents 96% of the total revenues. 

While the total non-oil revenues amounted to 3 trillion and 163 billion and 857 million and 400 thousand and 641 dinars, which constitutes 4% of the total revenues.

While the total oil and non-oil revenues amounted to 75 trillion and 639 billion and 329 million and 3 thousand and 738 dinars, which is the highest by 89.49% over the same period last year 2021, which amounted to 39 trillion and 917 billion and 497 million dinars as a result of high oil prices.

According to the finance report, the revenues for the month of June came from current revenues, which amounted to 75 trillion and 603 billion and 414 million and 231 thousand and 21 dinars, and also came from capital revenues, which amounted to 35 billion and 914 million and 772 thousand and 716 dinars.

For his part, financial expert Hilal Al-Tahhan told Shafaq News, "The high oil prices, which amounted to nearly $100, are behind the high contribution of the oil sector to the general budget, in addition to zeroing customs to support food security in Iraq."

Al-Tahhan added, "The percentage of oil's contribution to the budget is normal in Iraq," explaining that it "represents the rentier economic nature, which is not a modern matter, but this is considered dangerous because of the fluctuations in the dangerous oil market, which we witnessed during the Corona period that Prices dropped to about $20 a barrel.

Al-Tahhan pointed out that "Iraq is still unable to raise non-oil production, which is considered unjustified in light of its reliance on imports to finance its local markets and away from developing and returning its factories that have been suspended for years."

The Prime Minister's Adviser for Financial Affairs, Mazhar Muhammad Salih, had confirmed in March 2021, in an interview with Shafaq News Agency, that the reasons for the survival of the economy are rentier due to wars and the imposition of siege during the past era and the political conflicts we are witnessing today, which led to the dispersal of economic resources.

And the Iraqi state’s continuation of relying on oil as the only source of the general budget makes Iraq at risk of global crises that occur from time to time due to the impact of oil on it, which makes Iraq turn every time to cover the deficit through borrowing from abroad or inside, which thus indicates the inability to manage Effectively state funds, and the inability to find alternative financing solutions. link

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Iraqi News Tuesday Evening 8-23-22

Iraqi News Tuesday Evening 8-23-22

Tlm724 Administrator Bondlady’s Corner

Al-Halbousi Warns Against The Lack Of International Recognition Of The Entire Political Process, The Structure Of The State And Its Outputs

Political | 12:09 - 23/08/2022   Baghdad - Mawazine News  Today, Tuesday, Parliament Speaker Muhammad al-Halbousi called for resorting to the constitution to get the country out of the stifling crisis, while warning against the lack of international recognition of the political process in Iraq.

Al-Halbousi said in a statement that Mawazine News received a copy of it: "We previously participated in the elections at the end of last year, after popular protests called for changing the government and holding early elections."

He added, "Our goal was to reform the situation, give space to the emerging forces in political participation, take their role in political decision-making within the parliament, add stability to political work, and implement real reforms through constitutional institutions."

He continued, "Unfortunately, what we have reached today is a more regression than we were previously, through the disruption of constitutional institutions, (a disabled parliament, a disabled judiciary, a caretaker government)."

He stated: "We must all resort to the constitution, and be up to the responsibility to get the country out of this suffocating crisis that is heading towards the absence of legitimacy, and may lead to a lack of international recognition of the entire political process, the structure of the state and its outputs." Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=203224

President Of The Republic: Disrupting The Work Of The Judicial Institution Is A Serious Matter That Threatens The Country

Political | 01:47 - 23/08/2022  Baghdad - Mawazine News, the President of the Republic, Barham Salih, affirmed today, Tuesday, that the developments of events in the country require everyone to abide by the calm.

Saleh said in a statement that Mawazine News received a copy of it, that "the developments of events in the country require everyone to abide by the calm and prevail over the language of dialogue, and to ensure that it does not slip into unknown and dangerous labyrinths in which everyone loses, and opens the door for stalkers to exploit every loophole and problem inside our country."

He added that "peaceful demonstration and expression of opinion is a constitutionally guaranteed right, but disrupting the work of the judicial institution is a serious matter that threatens the country, and work should be done to protect the judicial institution, its prestige and independence, and that dealing with demands should be in accordance with legal and constitutional frameworks."

And Saleh continued: "The country is going through a delicate circumstance that requires unifying ranks and preserving the peaceful democratic path for which our people sacrificed, and it should not be neglected at any price, and work to avoid any escalation that might affect societal peace and security."

https://www.mawazin.net/Details.aspx?jimare=203242

The Federal Court launches the electronic project for the validity of the issuance of official documents

Monday, August 22 2022 4:15 PM   Baghdad / National News Center   The Federal Court announced, on Monday, the launch of the electronic project on the validity of breasts and the work of issuing them electronically.

The court stated, in a statement received by the National News Center, that it "launched today the electronic project to cancel the validity of breasts and work to issue them electronically." 

She added, "This was done in the presence of a specialized cadre from the General Secretariat of the Council of Ministers / National Data Center Department."   https://nnciraq.com/148276/

Iraq Ranks 62nd In The World In Terms Of Average Net Monthly Salary

The Independent/-- Iraq ranked 62nd among a list of 105 countries in terms of the average net monthly salary of an employee, which amounted to $600 in Iraq, according to what was published by the American magazine "CEOs World".

Switzerland topped the world in terms of average income, according to what was published by the magazine, as the average monthly salary in the European country amounted to 6,142 dollars per month, followed by Singapore, Austria, and then the United States in the next third places in the world ranking with an average monthly salary ranging from 4,350 dollars to 3,721 dollars .

In the Arab world, the UAE ranked first and fifth globally, with an average monthly salary of $3,663, followed by Qatar in 11th place globally, with an average monthly salary of $3,168.

And in the third place in the Arab world came Saudi Arabia, with an average salary of 1888 dollars, and Kuwait ranked 26th globally, with an average monthly salary of 1854.45 dollars.

The Gulf Cooperation Council countries competed for the Arab leadership, as Bahrain ranked 28th in the world, with an average of $1,728.74, while Oman ranked sixth in the Arab world and ranked 30th globally, with an average of $1,626.64.

Despite the crises that Lebanon is experiencing, it has maintained an advanced rank at the Arab and international levels, among the list of 105 countries, as it ranked 47th globally, with an average salary of more than 837 dollars per month, while

Palestine ranked eighth in the Arab world, and 52nd globally with an average of 778 dollars.

According to the American magazine, which calculated the average net monthly salary after deductions in different countries around the world and compared the income in some rich and low-income countries,

Jordan and Iraq ranked 61st and 62nd globally, with a salary in the range of $600.

Morocco was first among the Arab countries in Africa, and 86th in the world with an average salary of $385, followed by Tunisia, then Algeria, while Egypt ranked last among the Arab countries on the list and 100th globally with an average monthly salary of $219.

Pakistan and Sri Lanka were at the bottom of the list in the world, with an average salary of not more than 165 dollars.    https://mustaqila.com/العراق-يحتل-المرتبة-62-عالميا-من-حيث-متو/

Iraq Ranks 79th In The World Among The World's Poorest People

Monday, August 22 2022 10:01 AM  Follow-up / National News Center  Iraq ranked 79th globally among the world's poorest people, ahead of Egypt, which ranked 92nd in the world, according to the American magazine Global Finance.

The magazine said in a report, that “the poorest countries in the world suffered from civil wars and ethnic and sectarian conflicts, and then the Covid-19 came, which made the bad conditions worse,” noting that “the world has enough wealth and resources to ensure that the entire human race enjoys a basic standard of living.”

"However, people in countries such as Burundi, South Sudan and Central African Republic - the poorest in the world - still live in extreme poverty," she added.

And the magazine indicated, according to a table prepared for this, that "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, as the Iraqi per capita GDP amounted to 12,141 thousand dollars annually."

In the Arab world, Somalia came with the poorest Arab people and ranked fifth globally, with a share of 1.322 thousand dollars, followed by Yemen in second place with 13th globally with a share of 2,078 thousand dollars, followed by Eritrea third and 14th globally with a share of 2,101 thousand dollars, followed by Sudan fourth and 40th globally with a share of 4,442 thousand dollars, followed by Mauritania is fifth and 62nd in the world, with a share of 6,920 thousand dollars.

He added that Morocco came sixth and 67th globally with a share of 9,041 thousand dollars, followed by Jordan in the seventh place and 11,861 thousand dollars, and then Iraq in the eighth, followed by Tunisia, Algeria and Egypt, which came 11 Arabs and 92nd globally with a share of 14,928 dollars.

Globally, Burundi came first with a share of $856, with a share of $856, followed by South Sudan with a share of $928, and then the Central African Republic with a share of $1,102 thousand.

While the table did not address Lebanon, Syria, Afghanistan and Ukraine, as there are no official statistics available for them.

It is noteworthy that the Iraqi Ministry of Planning and Development Cooperation had expected that the poverty rate in the country would rise to 25 percent during the current year 2022, after it recorded 22.5% in the last census of 2019.    https://nnciraq.com/148216/

The Governor Of The Central Bank Of Iraq Meets The Ambassador Of The People's Republic Of Bangladesh

 August 22, 2022  His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif, received His Excellency the Ambassador of the Republic of Bangladesh in Baghdad, Mr. Amdi Fadloul Bari.

The Ambassador conveyed the greetings of His Excellency the Governor of the Central Bank of Bangladesh to His Excellency.

He discussed prospects of cooperation between the Republic of Bangladesh in aspects related to the financial and banking sector.

During the meeting, the Ambassador discussed the issue of the dues of Bangladeshi workers during the past period, and the issue of a request to facilitate the procedures for transferring their entitlements at the present time.

The two sides discussed the continuation of cooperation and the development of its fields between the two countries, stressing his interest in cooperation between the two monetary institutions in the two countries, with directing the concerned banks to facilitate the procedures for paying these dues and transferring them to where they wish through official channels.

Central Bank of Iraq   information Office  22-August-2022    https://cbi.iq/news/view/2067

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Tuesday Evening Iraq Parliament News Highlights 8-23-22

Tuesday Evening Iraq Parliament News Highlights 8-23-22

Al-Sadr's Minister Expresses A Position On The Judiciary's Suspension Of Its Work

Policy  2022-08-23 | 07:23   1,938 views  Today, Tuesday, the Minister of the leader of the Sadrist movement, Saleh Muhammad al-Iraqi, expressed a position on the suspension of the Supreme Judicial Council’s work, following the recent demonstrations in front of its gate in Baghdad.

Al-Iraqi said in a statement received by Alsumaria news He said, "As soon as the protests against the corrupt intensify, they rush to seek help from the chest, but two days ago he decided not to interfere at all."

He added, "And because the "Ashura" revolution continues to be spontaneous, Al-Sadr may order in the future to suspend the work of the committee supervising the protests in exchange for the judiciary and courts suspending their work."

Al-Iraqi added, "Otherwise, it is shameful for the judiciary and courts to suspend work in order to end a reformist revolution and not suspend their work in order to denounce rampant corruption if they are not able to prosecute the corrupt on all sides."   LINK

An “Angry” Statement From The Coordination Framework: We Reject Any Direct Dialogue With The Sadrist

Article at link:  https://baghdadtoday.news/ar/news/198653/A

The Coordination Framework Refuses To Receive Any Message From The Sadrist Movement Or Any Invitation For Direct Dialogue

413   Today, Tuesday, the coordination framework announced its refusal to receive any message from the Sadrist movement or any call for direct dialogue, except after announcing its withdrawal from the occupation of the constitutional state institutions.

A statement by the framework stated that "the coordinating framework expresses its full condemnation of the dangerous transgression of the judicial institution and the threats of physical liquidation against the President of the Constitutional Court," calling on "all respected national political forces as well as community activities not to remain silent, but to take the initiative to condemn this infringement."

He added that "the framework refuses to receive any message from the Sadrist movement or any call for direct dialogue, except after announcing its retreat from the occupation of the constitutional state institutions and returning to the side of the forces that believe in peaceful and democratic solutions."

The coordination framework, according to his statement, held the government fully responsible for preserving state property and the lives of employees and officials, especially the judiciary, which is the only valve that remains for Iraq as a result of the domination of forces outside the state on institutions and the imposition of their will outside the authority of the state.

The coordination framework called "the Iraqi people, with all their segments, to be highly prepared and fully prepared for the next step in which the people must say what they say against the state's kidnappers to restore its prestige and authority."

He called on the international community to clarify its clear position in the face of this dangerous infringement on constitutional institutions, foremost of which is the judiciary and the legislative institution.  LINK

Al-Araji Discusses With The European Union Delegation Three Files – Urgent

Policy  2022-08-23 | 07:34  Source:  Alsumaria news  765 views  Today, Tuesday, National Security Adviser Qassem Al-Araji discussed the political and security situation at the regional and international levels, and the file of the Syrian Al-Hol camp.

And the media office of Al-Araji stated in a statement received by  Alsumaria news - The National Security Adviser, Qassem Al-Araji, received in his office today, Tuesday, the new head of the European Union advisory mission in Iraq, Anders Vibari, and his accompanying delegation, in the presence of the Ambassador of the European Union in Iraq, the master  Villa Variola".

He added, "During the meeting, the work of the European Union's advisory mission in the country was reviewedIraqAnd ways to enhance cooperation and partnership in the field of support and advice, in addition to discussing the political and security situations at the regional and international levels, and the file of the Syrian al-Hol camp. Iraq An important country in the region and that its stability is the stability of the whole region, noting that the common denominator of all religions is humanity.

For his part, Vibari stressed that "the European Union works in partnership and communicates with the Iraqis," expressing "the mission's readiness to provide support to Iraq in the field of command and control."  LINK

The Ministry Of Foreign Affairs Assigns The Director Of The Arab Department To The Post Of Iraq's Ambassador To Lebanon

Baghdad / Obelisk: The Iraqi Ministry of Foreign Affairs assigned, 08/22/2022, Director of the Arab Department in the Ministry, Osama Mahdi Al-Rifai, with the post of Iraq's ambassador to Lebanon.

Representative Ahmed al-Jubouri said in a tweet on Twitter: I congratulate Osama Mahdi al-Rifai, head of the Arab Department at the Ministry of Foreign Affairs, assigning him the duties of the ambassador of the Republic of Iraq in Lebanon.

The Iraqi Foreign Ministry had earlier issued an order to transfer the Iraqi ambassador to Lebanon, Haider Al-Barrak, from the Iraqi embassy in Beirut to the ministry's center in Baghdad.

And the Iraqi ambassador to Beirut, Haider Al-Barrak, appeared in one of Lebanon's regions, throwing weapons at a place with a number of people around him.    https://almasalah.com/archives/12665

Parliamentary Oil: Parliament Has Closed The Door To Oversight For Government Institutions

{Politics: Al Furat News} The Parliamentary Oil and Energy Committee confirmed today, Monday, the impact of Parliament's disruption on its oversight performance of government institutions.

A member of the committee, Suhaila Al-Sultani, told Al-Furat News: "Many government institutions closed their doors to us and under the directives of agents and general managers, under the pretext that the work of the House of Representatives is suspended and that MPs have no work in the community."

Al-Satani indicated that "the committee's attempt to follow up the mechanism for disbursing the paragraphs of the emergency food support law, which included many paragraphs that may be doors to corruption and a waste of world money."

Since last July 30, followers of the Sadrist movement have continued their sit-in inside the Green Zone and in front of the House of Representatives, in refusal to nominate the coordinating framework, Muhammad Shia Al-Sudani, for the position of prime minister, while the differences between the political forces that prevent the formation of a new government continue since the last elections were held on October 10, 2021.

In turn . Parliament Speaker Muhammad al-Halbousi announced the suspension of Parliament until further notice.

The Sadrist movement demanded the dissolution of the House of Representatives and the holding of new elections, but the Federal Supreme Court postponed the decision on the claim of dissolving the House of Representatives to 30 August.  From: Raghad Daham Editing: Wafaa Al-Fatlawy   https://alforatnews.iq/news

Al-Abadi Calls For An End To The Sit-Ins And Resort To Constructive Dialogue - Urgent

Policy  2022-08-23 | 06:48  Source:  Alsumaria news    969 views  Alsumaria News – Baghdad The head of the victory coalition Haider al-Abadi called, today, Tuesday, to end the sit-ins that disrupt the constitutional state institutions and to resort to constructive dialogue.

Al-Abadi said in a tweet I followed Alsumaria news  “The political conflict may not reach the point of involving the judiciary in it, and we stress the need to preserve the impartiality and integrity of the judiciary and refuse to harm it and its institutions, and we call for respecting its constitutional and service role to rule among people with justice.”

He added, "We demand calm, an end to the sit-ins that disrupt the constitutional state institutions, and resort to constructive dialogue."   LINK

In Conjunction With The Sadrist Sit-In, The President Of The Judicial Council Receives The American Ambassador

Political | 11:43 - 23/08/2022   Baghdad - Mawazine News, the President of the Supreme Judicial Council, Faeq Zeidan, received the US ambassador to Iraq, Alina Romanowski.

And the Judicial Council said in a statement that Mawazine News received a copy of it, that "Zidane received the American ambassador and discussed with her the American support in the field of training judges in the fight against corruption and economic crimes."

The meeting came in conjunction with the Sadrist sit-in in front of the Supreme Judicial Council building, and the latter's decision to suspend its work.     https://www.mawazin.net/Details.aspx?jimare=203219

Al-Kazemi Cut Short His Visit To Egypt And Warned Against Disrupting The Judicial Institution

Political | 12:22 - 23/08/2022   Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi cut short his visit to the Arab Republic of Egypt on Tuesday morning and returned to Baghdad following the developments of the current events in the country and for the direct follow-up to the performance of the duties of the security forces in protecting the institutions of the judiciary and the state.

Al-Kazemi warned, according to a statement issued by his media office, that “disrupting the work of the judicial institution exposes the country to real dangers,” stressing that “the right to demonstrate is guaranteed according to the constitution, with the need to respect state institutions to continue their work in the service of the people.”

The Prime Minister called on "all political forces to calm down, and to take advantage of the national dialogue opportunity to get the country out of its current crisis," calling for "an immediate meeting of the leaders of the political forces in order to activate the national dialogue procedures and defuse the crisis." Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=203225

Tuesday Afternoon Iraq Economic News Highlights 8-23-22

Tuesday Afternoon Iraq Economic News Highlights 8-23-22

Fluctuations In Oil Prices With Renewed Fears Of Tight Supply

Shafaq News/ Oil prices fluctuated, on Tuesday, with renewed concerns about the scarcity of supply that dominated market sentiment after Saudi Arabia warned that the largest oil producer may cut production to correct the recent decline in oil prices, so that Brent prices rose while US crude fell.

Brent crude futures rose 70 cents, or 73%, to $97.18 a barrel by 04:28 GMT, after a volatile session on Monday when it fell more than $4 before paring losses to trade near stability.

US West Texas Intermediate crude futures fell 54 cents, or 59%, to $90.23 a barrel.

The Kingdom of Saudi Arabia, the largest exporter in the Organization of the Petroleum Exporting Countries (OPEC), said that the Organization of the Petroleum Exporting Countries (OPEC) stands ready to cut production to correct the recent drop in oil prices, driven by weak futures market liquidity and macroeconomic concerns, which ignored the lack of Extremely severe physical raw supplies.

The official Saudi Press Agency quoted Saudi Energy Minister Prince Abdulaziz bin Salman that OPEC + has the means and flexibility to deal with challenges.

Iran accused the United States on Monday of stalling efforts to revive the 2015 Tehran nuclear deal, a charge denied by Washington, which said the agreement was closer than two weeks due to Iran's apparent flexibility.

Meanwhile, Europe faces a new disruption to energy supplies due to damage to the pipeline system that transports oil from Kazakhstan through Russia, adding to concerns about reduced gas supplies.  LINK

The Closure Of The Baghdad Stock Exchange On A Decrease In The Exchange Rates Of The Dollar

Shafaq News/ The exchange rates of the dollar decreased against the Iraqi dinar, today, Monday, with the closure of the main stock exchange in Baghdad.

Shafaq News Agency's reporter said that the central Al-Kifah and Al-Harithiya stock exchanges were closed in Baghdad at 147,900 Iraqi dinars for $100.

While the prices this morning were 148,050 Iraqi dinars for $100.

Our correspondent indicated that the buying and selling prices in banking shops in the local markets in Baghdad stabilized, as the selling price amounted to 148,500 Iraqi dinars, while the purchase prices amounted to 147,500 dinars per 100 dollars.   LINK

The Arab Monetary Fund Expects The Iraqi Economy To Grow During 2022

Baghdad / Obelisk: The Arab Monetary Fund launched, on Tuesday, August 23, 2022, the seventeenth edition of the "Arab Economic Prospects" report, including expectations of economic growth and trends in the development of domestic prices for Arab countries, including Iraq, during the years 2022 and 2023.

The report expected that the Iraqi economy would recover, achieving a growth of 5.5 percent in the current year, and a relative decline in economic growth to 4.4 percent in the year 2023.

He reviewed part of the government and the Central Bank's measures to contribute to achieving growth in the country, indicating that the Central Bank had set among its priorities in its strategic plan for the years 2021-2023 to support digital financial and banking services by preparing for the "Know Your Customer Online" project, to adopt the use of digital identification to open bank accounts and integrate Customers digitally, and obligating the banking sector to use digital applications, such as mobile phone applications and online banking services, in accordance with international best practices.

The report indicated that the Central Bank launched, in coordination with the government, several initiatives in order to stimulate economic activity, especially in the field of financing small, medium and large enterprises, and in the field of housing and personal loans, and to enhance credit to the private sector by reducing the interest imposed on loans granted.   https://almasalah.com/archives/12721

In Baghdad... A National Trade Forum That Includes An Exhibition (Made In Iraq) And International Visits To Iraqi Projects

Shafaq News / The Baghdad Chamber of Commerce announced today, Tuesday, the discussion of the establishment of the Iraqi National Trade Forum in cooperation with the International Trade Center, the United Nations Migration Agency, while it indicated that the most prominent activities of the forum are to include the visit of international companies to Iraqi companies and projects and to activate the exhibition (Made in Iraq).

The Chamber said in a statement received by Shafaq News Agency, "The Baghdad Chamber of Commerce held a joint meeting with the International Trade Center ITC and the International Agency for Migration IOM to discuss joint cooperation and the role that the Chamber will provide in the Iraqi National Trade Forum,

which contributes to enhancing the competitiveness of the value chain for agricultural businesses in Iraq, indicating that "The forum is scheduled to be held next November in Baghdad for companies and related projects, in the presence of the government and the private sector, over a period of three days."

The statement added that "the forum will include sessions, discussion dialogues and (B2B) sessions, including Iraqi companies and entrepreneurs with major international companies (20) companies, in addition to the (Made in Iraq) exhibition for Iraqi agricultural projects and field visits to participating international companies to Iraqi companies and projects to see their work. and their accomplishments.

The statement added that "the Baghdad Chamber of Commerce discussed" all the details with (ITC) and (IOM), and its role in the forum in general, and the participation of entrepreneurs, owners of ideas and emerging pioneering projects with the required specialization, as well as the way for Iraqi projects and companies to participate in the forum.

In its statement, the Baghdad Chamber of Commerce indicated that the meeting was attended by Board member Alaa Al-Nouri, Director of Entrepreneurship and Marketing in the Chamber, Falah Hassan Al-Jubouri, Director of International Organizations Anmar Iyad Molouki, and a representative of the United Nations Migration Agency (IOM) Mahdi Muhammad, the national official in charge of livelihoods. Zahraa and Tut are Program Officer at the International Trade Center (ITC), and Rop Kohlimann is the ITC Trade Promotion Officer. LINK

Kuwait And Baghdad Resume Negotiations On The "Khor Abdullah" Shipping Lane

The flag of Iraq and the flag of Kuwait

 August 23, 2022 12:44 PM  Kuwait - Mubasher: A Kuwaiti delegation is heading to the Iraqi capital, Baghdad, this week to resume Kuwaiti-Iraqi negotiations on the "Khor Abdullah" shipping lane.

The two sides are seeking to enhance cooperation and coordination on the outstanding issues after negotiations were halted during the nearly two-year period of the Corona pandemic.

According to sources, the delegation includes the Undersecretary of the Ministry of Communications, Kholoud Shehab, the commissioned assistant undersecretary for the transport sector, Jamal Kandari, and some officials. According to Kuwaiti news.

The sources stressed the great importance of "Khor Abdullah" as a navigation corridor located between the Kuwaiti islands of Bubiyan and Warba, and the Iraqi Faw peninsula.

She stressed the need to complete the demarcation of the maritime border with Iraq in full.

The sources stated that the political leadership in both countries was keen to finalize this file without disturbing the atmosphere of bilateral and neighborly relations between the two countries.  LINK

Iraqi Oil Announces The Provision Of "Super" Gasoline... Soon

Shafaq News/ The Iraqi Ministry of Oil announced today, Tuesday, the close availability of "super" gasoline in its operating stations.

The General Company for the Distribution of Oil Derivatives, affiliated with the ministry, said in a brief statement, received by Shafak News Agency, that it will "provide imported super high-purity gasoline at fuel filling stations."

Globally, gasoline is divided into several categories, namely, regular gasoline (less than 95 degrees of purity), improved high-octane gasoline (95 degrees of purity), and high-octane gasoline, (98 degrees of purity), where each category differs from the other in the power and performance of the engine. To do it in the best way and in a natural way.

Filling stations in Iraq distribute regular gasoline and high-octane (95) gasoline, with the exception of the Kurdistan Region, where petrol stations provide super, in addition to these two types.   LINK

Labor Launches The Electronic Form For Registration In The Poverty Rule According To Law 11 Of 2014

502   LINK

Grain And Fuel Are Iraq's Most Important Imports From India

Shafaq News/ Iraq's imports of grain and petroleum fuel amounted to half of what it imported from India during the year 2021, according to the trade map website, which provides a map of countries' trade for exports, imports, international demand, alternative markets and competitive markets.

And the site stated in a statistic on its website and seen by Shafak News Agency, that "Iraq imported 24 items of goods from India during the past year, with a value of 2,032.421 billion dollars," noting that "the growth of imports from India increased by 7% between 2017 to 2021." .

He added that "cereals came first in Iraq's imports from India, with a value of 522 million dollars, followed by mineral fuels, mineral oils and their distillation products, with a financial value of 511 million dollars, followed by meat, offal and edible limbs with a value of 207 million dollars, followed by pharmaceutical products with a value of 103 million dollars. .   Iraq has great commercial relations with India, as Iraq is one of the largest exporters of crude oil to it.   LINK

Gold Prices Rise From Their Lowest Level In 3 Weeks

Arabic and international   Economy News _ Baghdad   Global gold prices rose during trading on Tuesday, rebounding from its lowest level in 3 weeks.

According to global market data, the prices of the yellow metal increased in spot transactions by 0.1%, or the equivalent of $1.8, to $1,738.06 per ounce, by 04.17 GMT.

And gold futures contracts for December delivery rose by 0.12%, equivalent to $2.5, to reach $1,750.7 an ounce.

In terms of other precious metals, silver decreased by 0.16% to $18.84 an ounce, platinum declined by 0.05% to $867.85, while palladium increased by 1.13% to $201478.

26 . views   Added 08/23/2022 - 10:16 AM   Update 08/23/22 - 1:15 PM

https://economy-news.net/content.php?id=29429

The Minister Of Finance Is An Agency Directs To Find Solutions To The Conditions Of Educational Retirees In Basra

Money  and business      Economy News-Baghdad   Today, Tuesday, the Minister of Finance, Ihsan Abdul-Jabbar, directed an emergency meeting to resolve the completion of the transactions of the retired educators in Basra, while stressing the need not to harm the citizens .

Abdul-Jabbar said in a statement that "it is necessary to urgently find appropriate solutions to start receiving the transactions of retired educators in Basra Governorate," directed to "convene an emergency meeting to discuss the issue of delaying the receipt of transactions ."

He added that "the educators and their families are not guilty of the contradictions that existed ten years ago between the ministries of finance and education," stressing "the need to expedite finding a legal settlement to receive transactions for about a thousand teachers who have been deprived of their pensions for more than a year ."

He stressed that causing harm to citizens is something that we cannot accept at all, especially as it concerns the segment of educators who have devoted their lives to educating generations after generations in our dear country .   74 . views   Added 08/23/2022 - 10:21 AM  Update 08/23/22 - 1:15 PM  

https://economy-news.net/content.php?id=29431

Tuesday Afternoon Iraq Parliament News Highlights 8-23-22

Tuesday Afternoon Iraq Parliament News Highlights 8-23-22

The Supreme Judicial Council Decides To Suspend Its Work, The Courts Affiliated With It, And The Federal Court

Iraq   10:56 - 08-23-2022   Today, Tuesday, the Supreme Judicial Council and the Federal Supreme Court decided to suspend their work in protest against the open sit-in of the Sadrist movement’s demonstrators in front of the Supreme Judicial Council building.

A statement to the judiciary said, "The Supreme Judicial Council and the Federal Supreme Court met in person and electronically this morning, following the open sit-in of the Sadrist movement's demonstrators in front of the Supreme Judicial Council to demand the dissolution of the House of Representatives by pressing the Federal Supreme Court to issue a decision by state order to dissolve the House of Representatives and send threatening messages over the phone. pressure on the court.

He added that "the meeting decided to suspend the work of the Supreme Judicial Council, the courts affiliated with it, and the Federal Supreme Court in protest against these unconstitutional and violating actions and to hold the government and the political party behind this sit-in legally responsible for the consequences of this behavior."    https://kirkuktv.net/AR/Details/8336

The Judiciary Suspends Its Work And Holds The Government Responsible For The Sit-In In Front Of Its Gate

Policy  2022-08-23 | 03:51  Source:  Alsumaria news  9,446 views  Alsumaria News – Baghdad The Supreme Judicial Council decided today, Tuesday, to suspend its work, following the protests in front of its building, in what it described as "unconstitutional and in violation of the law."

And the judiciary’s media mentioned in a statement received by Alsumaria news

The Supreme Judicial Council and the Federal Supreme Court met in person and electronically this morning, following the open sit-in of the demonstrators Sadrist Movement Before the Supreme Judicial Council to demand the dissolution of the House of Representatives by pressuring the Federal Supreme Court to issue a decision by the state order to dissolve the House of Representatives and sending threatening messages over the phone to pressure the court.

And the statement continued, "The meeting decided to suspend the work of the Supreme Judicial Council, the courts affiliated with it, and the Federal Supreme Court in protest against these unconstitutional and violating actions and to hold the government and the political party behind this sit-in legally responsible for the consequences of this behavior."   LINK

Al-Halbousi: Our Rivalry Should Not Be With The Judiciary

Iraq  12:14 - 08-23-2022   Today, Tuesday, Parliament Speaker Muhammad Al-Halbousi announced his refusal to quarrel with the Supreme Judicial Council.

Al-Halbousi said in a tweet via Twitter: "We support the demonstrations in accordance with the legal and constitutional contexts, in a manner that preserves the state and its institutions and protects its existence."

And he added, "But our dispute should not be with the judiciary, to which we all resort if we dispute."

https://kirkuktv.net/AR/Details/8340

The Iraqi Bar Association Suspends Its Work In Parallel With The Judiciary

Iraq   12:09 - 2022-08-23   Today, Tuesday, the Iraqi Bar Association announced the suspension of its work in parallel with the judiciary, stressing the preservation of its independence.

The head of the Bar Association, Ahlam Al-Lami, said in a statement, "We were and are still with the revolutionaries' demands, and we seek with them to achieve the desired social justice, and the Bar Association has announced this position in conjunction with the rest of the unions and unions."

Al-Lami added: "However, all demands must be formulated in accordance with constitutional frameworks, and expressed in templates that are supposed to achieve those goals, and that the judicial institution is one of the most important of these constitutional bodies, and it should not be in the equation of political pressure."

And she continued: "And to distance it from any actions that affect its independence, and no country can rise without maintaining the independence of the judiciary and preserving its prestige, and judicial decisions are issued according to legal visions, not by pressure on the will of the independent judiciary. We declare our position in support of the Iraqi judiciary, and we suspend the work of The Iraqi Bar Association is parallel to the judiciary.

The head of the Bar stressed: "All political parties must understand the danger of not protecting the independence of the judiciary, which will lead us to lose the most important pillars of building a constitutional state, and that the judiciary must be preserved, and maintained again."

https://kirkuktv.net/AR/Details/8339

Karkh Investigation Court Begins Procedures For Collecting Evidence Of The Crime Of Threatening The Federal Court

Iraq   11:49 - 08-23-2022   Today, Tuesday, the Supreme Judicial Council announced the initiation of procedures for collecting evidence of the crime of threatening the Federal Court.

A statement by the judiciary stated, "The Karkh First Investigation Court is proceeding with the procedures for collecting evidence of the crime of threatening the Federal Court to take legal measures against the perpetrators."    https://kirkuktv.net/AR/Details/8338

The Supreme Judiciary Stresses The Importance Of Adopting Constitutional And Legal Contexts To Resolve The Political Crisis

Iraq   16:27 - 08-22-2022   Today, Monday, the head of the Supreme Judicial Council, Faiq Zeidan, stressed the importance of adopting constitutional and legal contexts to resolve the political crisis, while noting that the judiciary stands at the same distance from everyone.

The Supreme Judicial Council said in a statement, "The President of the Supreme Judicial Council, Faeq Zaidan, received today, the Syndicate of Journalists, Muayyad al-Lami, accompanied by a group of journalists and media professionals, and discussed with them the importance of the media's role as a fourth authority in disseminating the facts as they are before public opinion."

The head of the Supreme Judicial Council stressed "the importance of adopting constitutional and legal contexts to resolve the current political crisis," stressing "the need to strengthen the citizen's confidence in the judiciary, which stands at the same distance from everyone and rules in the name of the people, and applies the law according to the constitution and legislation in force based on the available evidence and facts. Not based on rumors and gossip.

He added that "media campaigns against the judiciary and political pressures will not deter judges from continuing their work in achieving the right and in accordance with what the laws impose."

In turn, the attendees stressed "the importance of the role of the judiciary and its dimensions from political conflicts, as it is the most important pillar on which the foundations of the state are based and from which it derives its legitimacy."    https://kirkuktv.net/AR/Details/8327

UNAMI Comments On The Disruption Of The Iraqi Judiciary

Political | 12:50 - 23/08/2022    https://www.mawazin.net/Details.aspx?jimare=203231

The Resolve To Disrupt The Judicial Institution: A Fatal Bullet In The Head Of The State

Political | 12:38 - 23/08/2022   Baghdad - Mawazine News   , the head of the Azm Alliance, Muthanna al-Samarrai, considered the disruption of the judicial institution a "fatal bullet in the head of the state."

Al-Samarrai said in a tweet via Twitter: "There is nothing left of the building of this state except the institution of the judiciary, which is the fortress and the refuge. Therefore, compromising it and disrupting it and impeding its role is like a fatal bullet in the head of the state, a deliberate assassination of its entity, and a clear declaration of chaos that will suffocate everyone with fire."     https://www.mawazin.net/Details.aspx?jimare=203228

Al-Fatlawi Tweets: Leave The Judiciary, As It Is The Only Remaining Legitimate And Undisturbed Authority

Political | 12:24 - 23/08/2022   Baghdad - Mawazine News   tweeted, after the sit-in of the Sadrist movement's supporters in front of the Green Zone, the representative of the State of Law coalition, Hanan Al-Fatlawi.

Al-Fatlawi said in a tweet via Twitter: "The judiciary has said its word more than once: We have no authority to dissolve parliament. Why do some people try to forcibly involve the judiciary in political disputes? Leave the judiciary, as it is the only legitimate and non-disruptive authority left!! Do you want to finish off the rest of the state?" If you want a way out, you have nothing but the constitution and its mechanisms. https://www.mawazin.net/Details.aspx?jimare=203227

Al-Halbousi Warns Against The Lack Of International Recognition Of The Entire Political Process, The Structure Of The State And Its Outputs

Political | 12:09 - 23/08/2022   Baghdad - Mawazine News  Today, Tuesday, Parliament Speaker Muhammad al-Halbousi called for resorting to the constitution to get the country out of the stifling crisis, while warning against the lack of international recognition of the political process in Iraq.

Al-Halbousi said in a statement that Mawazine News received a copy of it: "We previously participated in the elections at the end of last year, after popular protests called for changing the government and holding early elections."

He added, "Our goal was to reform the situation, give space to the emerging forces in political participation, take their role in political decision-making within the parliament, add stability to political work, and implement real reforms through constitutional institutions."

He continued, "Unfortunately, what we have reached today is a more regression than we were previously, through the disruption of constitutional institutions, (a disabled parliament, a disabled judiciary, a caretaker government)."

He stated: "We must all resort to the constitution, and be up to the responsibility to get the country out of this suffocating crisis that is heading towards the absence of legitimacy, and may lead to a lack of international recognition of the entire political process, the structure of the state and its outputs." Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=203224

Integrity Carried Out 45 Arrests Of Accused And Files During The Month Of July

Political | 11:09 - 23/08/2022   Baghdad - Mawazine News   The Commission's Investigation Department announced the seizures carried out by its directorates and investigation offices during the month of July, noting that 45 arrests were carried out in Baghdad and the provinces, during which 15 suspects were arrested.

The department reported that the team of the Commission's investigation office in Maysan diagnosed fraud and poor implementation of a construction project at a cost of (7,600,000,000) billions of dinars, indicating that poor implementation and manipulation of building materials for the administration and passports building at Al-Sheeb border crossing led to the fall of the building, and in Kirkuk governorate, an investigation office revealed

The authority in the governorate revealed suspicions of corruption in the project of paving the street from the “Sergnar” bridge to the entrance to the governorate from the side of Sulaymaniyah, in addition to suspicions of corruption in the contract for the supply of the “Sibab” mask in the Kirkuk Health Department.

The department added that the Najaf Investigation Office monitored violations in the governorate health department, which were represented by the department's employees organizing recycled purchase transactions from 2021 in the amount of (395,860,000) million dinars; Despite the lack of financial provision, in Dhi Qar, the work team of the Governorate Investigation Office was able to stop the disbursement of amounts (120) contracts;

The presence of manipulation, forgery and violations in the Personnel Contracts Division in the governorate, pointing out to the addition of these operational contracts after forging the margin of the Deputy Governor and Project Accounts Manager with approval and financial allocation by fixing the margins with a “scanner” on the applications submitted for contracting and completing its contractual procedures.

She added that in Diyala, a transfer was made to the Governorate Electricity Distribution Company, and the priorities for implementing a project to rehabilitate networks in a number of villages were set, with the feeders divided by referral to a contracting company,

but investigations by the authority's office in the governorate confirmed that the implementation on the ground was carried out by employees Diyala Electricity Directorate and using its mechanisms, while the Anbar Investigation Office team was able to detect cases of forgery and waste of public money, after forging the signatures of the Electricity Generator Processing Committee to the Rawa District, indicating that this led to a waste of (49,140,000) million dinars after promoting the advance exchange transaction. Forged signatures.

The department indicated that (64) file folders were seized for beneficiaries of the allocation report in the directorate of the municipality of Hilla. For the directorate’s property manager to prepare a record of allocating plots of land with areas larger than what is legally permitted, as well as allocating plots to people who were previously allocated to them, in violation of the controls and instructions. End 29/h

https://www.mawazin.net/Details.aspx?jimare=203216

KTFA Members "News and Views" Tuesday PM 8-23-2022

KTFA:

Samson:  Oil prices cross $100 a barrel again

23rd August, 2022

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

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

US crude recorded $93.94 a barrel.   LINK

Samson:  $30 million a day.. The appearance of Muhammad Salih summarizes the losses of the ISIS war from 2014 to 2017

23rd August, 2022

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said that the war on terrorism in the years 2014 to 2017 cost the Iraqi treasury about 30 billion dollars, indicating that terrorism robbed nearly a fifth of Iraq's non-oil GDP

Saleh added in an article he published on the Iraqi Economists Network website that "the costs of daily military operations rose from 5 million dollars per day to nearly 30 million dollars per day, which are expenses required by the fields of war against terrorism

He pointed out that "terrorism led to the displacement of about 6 million citizens of the occupied governorates, which raised poverty rates to 30% due to families' loss of sources of income and economic activity, as well as the increase in unemployment rates

He pointed out that "the economic atmosphere at that time remained frustrated by the challenges of recession represented by its three pillars, stagnating prices, declining growth in domestic and gross domestic product, and high levels of unemployment  LINK

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Samson:  Al-Kazemi cut short his visit to Egypt and called for an "immediate meeting"

23rd August, 2022

On Tuesday, Prime Minister Mustafa Al-Kazemi cut short his visit to Egypt, which he arrived yesterday to attend an Arab summit, and returned to Baghdad to follow developments in events, warning that disrupting the work of the judicial institution exposes the country to real risks.

Al-Kazemi's office said, in a statement received by Shafak News Agency, that the latter cut short, this morning, his visit to the Arab Republic of Egypt, and returned to Baghdad in light of the developments in the current events in the country, and for the direct follow-up to the performance of the duties of the security forces in protecting the institutions of the judiciary and the state.

Al-Kazemi warned, according to the statement, that disrupting the work of the judicial institution exposes the country to real risks, stressing that the right to demonstrate is guaranteed according to the constitution, with the need to respect state institutions to continue their work in the service of the people.

Al-Kazemi called on all political forces to calm down, and to take advantage of the opportunity for national dialogue, to get the country out of its current crisis, calling for an immediate meeting of the leaders of the political forces; In order to activate the national dialogue procedures and defuse the crisis.

LINK

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Samson:  The Iraqi street is divided between supporters and opponents of the sit-ins in front of the Supreme Judicial Council 

23rd August, 2022

The acceleration of events and the escalation of the movement against the political process in the country led to a split in the street between supporters and opponents of the escalating step taken by the Sadrist movement's supporters to sit in front of the Supreme Judicial Council building in the fortified Green Zone in the center of the capital, Baghdad.

Dozens of supporters of the prominent Shiite leader Muqtada al-Sadr marched with their open sit-in at the entrances to the Supreme Judicial Council, where dozens of tents were erected there to pressure the judiciary to dissolve the Iraqi parliament.

Lawyer Duaa Al-Dabisi, 33, told Shafaq News Agency, "All Iraqis are fed up with corruption in all its forms, especially since its repercussions have negatively affected all aspects of the daily life of the Iraqi individual, and the demand to fight it (corruption) has become an inevitable matter, but by legitimate and civilized ways and without constituting an obstacle or An added burden on the citizen.

She explained, "After al-Sadr's supporters escalated their movement at the highest judicial authority in the country, this will inevitably affect the functioning of the institutions associated with it, especially those related to referring cases to specialized courts or transferring cases from to specific institutions, as well as the disruption of procedures for release or trial of convicts in various cases, and this is limited. The same is a declaration of the absence of the state and the spread of chaos.”

For his part, Hussein Al-Daraji, 50, owner of a real estate office, confirmed that "after all this escalation, it is time for the government to resign and hand over power to the army to declare a state of emergency, in addition to suspending the constitution, dissolving parliament and all parties, and restructuring the state in all its details, ensuring that the heroes of corruption and their parties do not return to power."

In an interview with Shafaq News Agency, he indicated that "all the movement rejecting corruption must be quick by taking decisive decisions to end the state of hesitation prevailing in the street," adding, "The work must be intensified and the controversy resolved over whether or not the current political system will survive, otherwise what is the point of expanding the space protests without serious and effective steps.”

Umm Ahmed, 44, confirmed, to Shafaq News Agency, that "change does not come easily and everyone must support the protest movements seeking to rebuild the state in a manner that is in harmony with the demands of Iraqi society and preserves its wealth as well as preserving the prestige of the state."

She added, "Many protest movements against the political regimes that followed the administration of government after 2003, but they did not succeed in achieving the aspirations of the people in terms of providing the necessary services as well as supporting the economy, activating the labor market, eliminating unemployment and supporting educational, health and economic security files to create a state of stability, and we hope to achieve this in the future.”  LINK

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Sir:  IMO-The people of Iraq have been victims of the corruption for far too long and they seek justice, the taking to the streets to bring attention to their cry’s of injustice and the corruption of most if not all aspects of the government and possibly the SJC a long with private sectors.

They do this peacefully as they know what the outcome of a non peaceful protest would be, and they have lived that before and will not follow that road again. They have the power of their voice and the support of a true patriot in Kazemi and his team and they are bringing the corrupt to justice.

IMO-the people are in fear that the scales of justice has a heavy hand on the scale and justice becomes a political corrupt injustice. Perhaps it is time to bring in the military in on a temporarily bases to defend the constitution and the Iraqi people as they took an oath to so ( hold new elections within 90 days for a new smaller government ).

This would avoid a civil conflict and needless blood shed of the people of Iraq who just want a free and just smaller government of the new Republic of Iraq. A constitutional Iraq for the people and by the people, “wow what a simple concept” !

Kazemi has a plan and justice is at the top of the list as he knows the corruption runs deep and wide and we see the corrupt being removed daily. But as the fruit farmer said to his grandson, I remove the bad apples from the barrel to keep the whole barrel from becoming rotten, but from time to time the whole barrel becomes rotten and you have to throw it away and start over with fresh apples.

This is true when a so called government has to many bad apples, time to start over!

This should be for all countries around the world and the people should settle for nothing less, and yes it can be done the strong united voice of the people and not the blood of the people!
“ all in my opinion of course “

Samson:  A Legal Expert Confirms: Declaring A State Of Emergency Is The Exclusive Competence Of The House Of Representatives And A Permanent Government

23rd August, 2022

Legal expert Counselor Salem Hawass confirmed today, Tuesday, that declaring a state of emergency “and not an emergency government as some imagine” is within the exclusive competence of the House of Representatives and as stated in the 2005 constitution, as well as in accordance with the order for the defense of national safety No. 4 of 2004.

Hawass added in a statement received by Earth News that “the constitutional text contained in Article 61 / item / ninth of the Constitution of the Republic of Iraq states:

The House of Representatives has the following competences: Ninth: A- Approval of a declaration of war and a state of emergency by a two-thirds majority, based on a joint request. From the President of the Republic and the Prime Minister.

Hawass continued, “Paragraph (b) of Paragraph Nine of the same article states: B- A state of emergency is declared for a period of thirty days, subject to extension, with approval each time.”

And he added that “Paragraph (c) of the same constitutional clause above states: C- The Prime Minister is empowered with the necessary powers that enable him to administer the country’s affairs during the period of declaring war and a state of emergency, and these powers are regulated by law, in a way that does not conflict with the Constitution, provided that D- The Prime Minister shall present to the Council of Representatives the measures taken and the results, during the period of declaring war and the state of emergency, within fifteen days from the date of its end.

He stressed that "all of this must be with the approval of a two-thirds majority and a permanent government?" Because the order to defend national safety is a text that precedes the constitutional text on the one hand, and that the constitutional text is later mentioned in it, and therefore the text of Article 130 of the Constitution states: (The legislation in force shall remain in force, unless it is repealed or amended, in accordance with the provisions of this Constitution), Accordingly, the constitutional legal text is prepared later and amends the Defense of National Safety Order No. 4 of 2004, and therefore is considered a legal and constitutional ruler over it.”

He wondered, “If the House of Representatives is able to hold its session and obtain a two-thirds quorum based on Article 61 / ninth for the purposes of declaring a state of emergency, then it is a fortiori to elect a President of the Republic and form a majority government and not go to declare a (state of emergency) and enter the country into martial provisions that benefit the interim government and the government of Conducting daily matters that have no authority over this in accordance with the law and the constitution, and its emergency action may extend for an (indefinite) term, plunge the country into a vicious cycle and complete chaos.”

Hawass pointed out that the meeting of the Supreme Judicial Council and the Federal Supreme Court in person and electronically this morning, following the open sit-in of the Sadrist movement’s demonstrators in front of the Supreme Judicial Council, to demand the dissolution of the House of Representatives by putting pressure on the Federal Supreme Court to issue a decision on the state order to dissolve the House of Representatives and the position of the Bar Association in solidarity with The Council, for that was decided by the Supreme Judicial Council a few days ago by rejecting the request (dissolving parliament), considering that the judiciary is not a party to political disputes and violates (the principle of the independence of the judiciary), and because it does not have the authority to legally and constitutionally dissolve parliament, as stated in the response decision issued by the Supreme Judicial Council in 2022.  LINK

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Safeone:  Step right this way folks, come one come all!!  You are going to see the most amazing sights and hear the most amazing lies and all right here on the midway.  

On your left we have the old guard, you know the Iran backed government stooges, who seem to think they still have power.    The least of which is Al-Maliki, who is trying in reality to save his neck. 

Over there we have others who are trying to maintain their do nothing and rob the kitty life style.  And lest we forget, we have the ego maniacs.  All these folks are spewing out balderdash in their effort to maintain their past glory. 

Sorry, but you political has-beens have become wannabes!  The clowns are already in the main ring!  Popcorn, peanuts, candy coated snacks.  Get your carnival treats right over there.  Hot dogs ...... !  This is better than Barnam and Bailey.  Fact.  IMO

Tuesday AM Iraq Economic News Highlights 8-23-22

Tuesday AM Iraq Economic News Highlights 8-23-22

Saudi Arabia: “OPEC +” Has Become More Committed And Flexible

Economie  2022-08-22 | 13:00  Source:  Agencies 232 views  Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz stressed today, Monday, that the volatility of oil markets and poor liquidity are giving wrong signals to the markets at a time when the need for clarity is most urgent.

And “Bloomberg” agency quoted the minister as saying, “The OPEC Plus group is more committed and flexible, and it has means within the framework of the cooperation declaration mechanisms that enable it to deal with these challenges, which include the possibility of reducing production at any time, and in different ways, which was proven by the OPEC Plus group. repeatedly and clearly during the years 2020 and 2021 AD.

Prince Abdulaziz bin Salman stressed that “the oil futures market has fallen into a vicious and recurring negative cycle consisting of severe weakness in liquidity and volatility in the markets, which together undermine the most important basic functions of the market, namely, effectively accessing appropriate and correct prices, and making the cost of hedging and managing The risks are very great for dealers in the spot market, and this situation has a significant negative impact on the smoothness and effectiveness of dealing in the oil markets, and the markets for other energy products, and other commodities because it creates new types of risks and concerns.”

Related Articles

The Director of "International Energy" urges "OPEC +" to increase oil production

02:42 | 2022-02-16  

Oil prices.. What after the "OPEC Plus" decision

16:31 | 2022-08-3   The first statement of the elected OPEC president: Oil has passed the worst period

14:22 | 2022-01-4   He pointed out that "this episode is becoming increasingly negative with allegations that are not actually based on evidence about a drop in market demand, repeated news about the return of large quantities of supplies to the markets, ambiguity and uncertainty about the possible effects of setting a price limit on crude oil and its products, and the embargo measures." and imposing sanctions.

On the impact of the fluctuating situation on the performance of the markets, the Saudi Energy Minister said, “This situation is very harmful, because without sufficient liquidity, the market cannot meaningfully reflect its real reality, but it can, in fact, give a false sense of security, at a time when the spare production capacity is limited. very high, and the risk of severe supply disruptions is very high.”

The Saudi Energy Minister said, "We will soon start working on drafting a new agreement beyond 2022 AD, in which we will continue to build on our previous experiences, achievements and successes, and we are determined to make the new agreement more effective. negatively in the fundamentals of the market’s performance, and undermined its stability, only increases our determination to achieve this.”  LINK

After The Saudi Warning, Oil Prices Are Rising Again

Economie  2022-08-23 | 01:47  1,614 views   Alsumaria News - Economy

Oil prices rose today, Tuesday, after Saudi Arabia warned that the Organization of the Petroleum Exporting Countries (OPEC) may cut production to correct the recent decline in oil futures.

Brent crude futures rose 32 cents to $96.80 a barrel by 00:04 GMT, after a volatile session on Monday when it fell more than four dollars before paring losses to near stability.

US West Texas Intermediate crude futures also rose 37 cents to $90.73 a barrel.

On Monday, Saudi Arabia said that the organization stands ready to cut production to correct the recent drop in oil prices, which is due to weak futures market liquidity and macroeconomic concerns.

In the meantime, faceEuropeNew disruption to the energy supply due to damage to the pipeline system that transports oil fromKazakhstanAcrossRussia, raising fears of reduced gas supplies.   LINK

Dollar Exchange Rates In Local Markets

2022-08-23 | 02:20  2,907 views  Today, Tuesday, the dollar exchange rates witnessed a decline in the local markets.

And the selling prices of the dollar were recorded at 147,900 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147,800 dinars per 100 dollars.

Was Central Bank of Iraq’ It was decided to adjust the exchange rate of the dollar against the Iraqi dinar at the end of the year 2020, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at (1460) dinars per dollar, while the selling price to the citizen is at (1470) dinars per dollar. .  LINK

During 2022... The Arab Monetary Fund Expects The Iraqi Economy To Grow By 5.5 Percent

Internationals 2022-08-23 | 03:11   322 views  The Arab Monetary Fund launched the seventeenth edition of the "Arab Economic Prospects" report, including economic growth expectations and trends in the development of domestic prices for Arab countries, including Iraq, during 2022 and 2023.

The report expected that the Iraqi economy would recover and achieve a growth of 5.5 percent in the current year, and a relative decline in economic growth to 4.4 percent in the year 2023.

It reviewed part of the government and the Central Bank's measures to contribute to achieving growth in the country, indicating that the Central Bank was placed among its priorities in its plan. The strategy for the years 2021-2023 Supporting digital financial and banking services by preparing for the “Know Your Customer Electronically” project, to adopt the use of digital identification to open bank accounts and digitally integrate customers, and to oblige the banking sector to use digital applications, such as mobile phone applications and online banking services in accordance with international best practices .

The report indicated that the Central Bank launched, in coordination with the government, several initiatives in order to stimulate economic activity, especially in the field of financing small, medium and large enterprises, and in the field of housing and personal loans, and to enhance credit to the private sector by reducing the interest imposed on loans granted.    LINK

Under The Direction Of The Minister Of Justice.. Launching The Electronic Form For Registration In The Poverty Rule

Iraq   21:03 - 08-22-2022  Today, Monday, the Ministry of Labor and Social Affairs announced the launch of the electronic form for registration on the poverty base.

The ministry said in a statement, that "at the direction of the Minister of Labor and Social Affairs, Salar Abdul Sattar Agency, the Social Protection Authority announces the launch of the electronic form for registration in (the poverty rule according to Protection Law No. 11 of 2014)."

The authority confirmed, according to the statement, that "the form is available free of charge via the link below, and it will be available 24 hours a day, from today, Monday, until 11/22 2022," noting that "those who want to register should give the correct data so that they do not fall under the burden." Legal accountability". https://kirkuktv.net/AR/Details/8331

The President Of The Baghdad Chamber Of Commerce Meets The Merchants To Find Out The Obstacles To Their Work And The Needs Of The Market

Economie| 08:34 - 22/08/2022   Baghdad - Mawazine News, President of the Baghdad Chamber of Commerce, Firas Al-Hamdani, met, on Monday, with a number of shop owners in the Armenian market to diagnose the most important problems and obstacles facing commercial work and to find effective solutions to them.

For their part, the merchants reviewed the problems facing their work, including those related to the weakness of the communications network of Asia Cell and the urgent need of the market for fire protection systems and equipment, as well as their demand to solve the problems of the delay in issuing the visa, which is harmful to their commercial dealings. They also demanded the security authorities to provide the necessary protection for them and their commercial stores. .

Al-Hamdani made several contacts during the meeting with the relevant authorities, stressing that official books were directed to these needs and that the Baghdad Chamber of Commerce stood by the commercial family and sought to overcome all difficulties and cooperate with the relevant authorities to solve the problems facing their work.

The Baghdad Chamber of Commerce was keen to have a marketing representative at the Development Bank attend to discuss the possibility of granting merchants appropriate bank loans and simplifying their procedures.

This ban was met by the head of the supervision and follow-up department, the head of the Traders Affairs Committee, Omar Al-Sudani, and Lieutenant-Colonel Youssef Kazem, an assistant civil defense officer, Al-Shorja, the Civil Defense Center.    https://www.mawazin.net/Details.aspx?jimare=203173

Finance Denies Its Refusal To Spend The Sums Allocated To Contracting With A Foreign Coach

Political | 12:04 - 23/08/2022   Baghdad - Mawazine News   The Ministry of Finance clarified, today, Tuesday, regarding the disbursement of the funds allocated to the Iraqi Football Association to contract with a foreign coach for the national team.

A statement by the ministry, which Mawazine News received a copy of, stated, "Some media and social networking sites dealt with misleading information, claiming that the Undersecretary of the Ministry of Finance refrained from disbursing the amounts allocated to the Iraqi Football Association to contract with a foreign coach for the national team."

The statement added that "the ministry denies the validity of this information, which falls within the framework of the fierce attack targeting the ministry's joints and its people, and in a miserable attempt to reduce the ministry's role and efforts in implementing the financial reforms package and fighting corruption."

The ministry confirmed, according to the statement, "it is proceeding with the procedures for implementing the decision of the Council of Ministers, and the Ministry of Youth and Sports must complete the financing of the amounts allocated under the decision to support the Arab Gulf Cup for football, which it is hoped will be held in the city of Basra," calling on the "Ministry of Youth and Sports to complete the requirements for financing the allocated amounts. In this regard.”     https://www.mawazin.net/Details.aspx?jimare=203223

Oil Ministry: Kerosene Consumption Rose To 30 Million Liters Per Day In 2022

Energy    Economy News-Baghdad  The Undersecretary for Distribution Affairs affirmed the ministry's keenness to supply petroleum products to vehicles, electric power plants and private generators, and that the consumption needs are met with a high flow

Hamed Yunus said, in a statement, that "the operations of pumping and supplying kerosene to fuel filling stations in Baghdad and the governorates for vehicles are continuing in accordance with the program, planned quotas, and the electronic monitoring program, in conjunction with the implementation of the program to supply the owners of private generators with kerosene, according to a cabinet decision in July."

Last year, which requires increasing the supply of private generators owners with fuel and reducing its price, in order to cope with the heat wave, and to compensate for the shortage in the supply of electric power for citizens, explaining that the quantities of consumption rose this year to more than 30 million liters per day compared to consumption last year, which amounted to 22 million liters . "

The undersecretary indicated that "the ministry has succeeded in addressing many fabricated crises, and illegal trafficking, smuggling or monopoly operations, through qualitative campaigns in cooperation with the security services, as well as continuing the intensive follow-up and oversight operations to monitor violations in the distribution outlets . "

Younes stressed the Ministry and the company's affirmation and their keenness to "achieve a high flow of processing mechanisms in light of the price difference supported by the state and the government for fuel" (kerosene), which is exploited by some owners of weak souls, for monopoly, smuggling and illegal trade, or what is called the (black market). " .

And he continued, "With regard to the (gasoline) product, the ministry pumps large quantities through distribution outlets and fuel filling stations in Baghdad and the provinces, appealing to citizens to cooperate with the ministry and the company in obtaining the quantities they actually need, and not to try to obtain quantities in excess of their needs, and cause them to fabricate queues".

It is reported that Cabinet Resolution No. 159 of 2022 stipulated “reducing the price of fuel supplied to owners of private generators to (250) dinars per liter, and the Ministry of Oil increasing the amount of fuel supplied to owners of private generators, and opening outlets in all (the governorates that are not organized in the region). To sell gas/kerosene oil to owners of private generators to meet their fuel needs

4 . views   Added 08/23/2022 - 1:09 PM   Update 08/23/22 - 1:10 PM

https://economy-news.net/content.php?id=29435

Tuesday AM Iraq Parliament News Highlights 8-23-22

Tuesday AM Iraq Parliament News Highlights 8-23-22

With The Participation Of Iraq.. Five-Year Arab Summit In Egypt

Erbil (Kurdistan 24) - Today, Monday, the city of El Alamein is witnessing a five-year Arab summit, led by Egypt, called for by President Abdel Fattah El-Sisi, which includes leaders of 5 countries: Egypt, the UAE, Bahrain, Iraq and Jordan.  The summit represents an extension of the many meetings held by Arab leaders over the past months, for coordination, consultation and consensus of visions among them.

The Five-Year Arab Summit will be held today, Monday, in the city of El Alamein in Marsa Matrouh, in the presence of President Sisi, "the country inviting the summit" - Sheikh Mohamed bin Zayed, President of the United Arab Emirates - King Abdullah II of Jordan - Mustafa Al-Kazemi, Prime Minister of Iraq - and Sheikh Hamad bin Isa Malik the two seas.

The summit will discuss the current developments in the Arab world in light of the current crises and problems, including the repercussions and effects of the Russian-Ukrainian crisis on the countries of the region, the current crisis in Iraq, the situation in the Palestinian, Libyan and Yemeni arenas, and the crisis and repercussions of the third filling of the Renaissance Dam.

And the Iraqi News Agency quoted a government source, that Prime Minister Mustafa Al-Kazemi will visit Egypt today, Monday, to participate in a mini-Arab summit, noting that Al-Kazemi will confirm the Iraqi government's endeavor to continue to support dialogue between brothers in the region.

The source added, "Al-Kazemi will confirm to the mini-Arab summit, the Iraqi government's endeavor to continue supporting dialogue between brothers in the region, and Iraq's keenness to continue the policy of balance in relations and security stability in the country, as well as its determination to enhance the role and status of Iraq at the Arab, regional and international levels for the benefit of the people." Iraq and the peoples of the region and the world.

The summit comes about a month after an Arab-American summit hosted by Saudi Arabia, with the participation of the same countries, along with other Arab leaders.   LINK

Parliamentarian Calls For The Judiciary To Be Removed From Political Disputes

Policy  2022-08-23 | 05:25   Source:   Sumerian  255 views   Today, Tuesday, the head of the Irada movement, MP Hanan Al-Fatlawi, called for the judiciary to be kept away from political disputes.

Al-Fatlawi said in a tweet, which was followed by Alsumaria News, that "the judiciary has said its word more than once: We have no authority to dissolve parliament ... why do some people try to force the judiciary into political disputes."

He continued, "Leave the judiciary, as it is the only legitimate and uninterrupted authority left!! Do you want to finish off the rest of the state? If you want a way out, you have nothing but the constitution and its mechanisms."

And the Supreme Judicial Council decided, earlier today, Tuesday, to suspend its work, its courts and the Federal Court in protest against the demonstrations.

The Supreme Judicial Council also announced the initiation of procedures for collecting evidence about the threat of the Federal Court.

In a statement, the council said, "The First Karkh Investigation Court has started procedures for collecting evidence of the crime of threatening the Federal Court to take legal measures against the perpetrators." LINK

Al-Kazemi Calls For An Immediate Meeting Of The Leaders Of The Political Forces To Defuse The Crisis – Urgent

Policy  2022-08-23 | 05:22  Source:  Alsumaria news  3,571 views  Alsumaria News   - Politics Caretaker Prime Minister Mustafa Al-Kazemi cut short his visit to the Arab Republic of Egypt, on Tuesday, and returned to Baghdad; Following the developments of current events in the country.

Al-Kazemi's media office stated, in a statement received by Alsumaria News, that "the latter cut short his visit to the Arab Republic of Egypt, and returned to Baghdad, following the developments of the current events in the country, and for the direct follow-up to the performance of the duties of the security forces in protecting the institutions of the judiciary and the state."

He added, "Disrupting the work of the judicial institution exposes the country to real dangers," stressing that "the right to demonstrate is guaranteed in accordance with the constitution, with the need to respect state institutions to continue their work in the service of the people."

Al-Kazemi called on all political forces to "calm down and take advantage of the national dialogue opportunity to get the country out of its current crisis."

The caretaker prime minister called for an "immediate meeting of the leaders of the political forces, in order to activate the national dialogue procedures and defuse the crisis."    LINK

A Deputy Holds Al-Kazemi Responsible For Suspending The Work Of The Courts: The Threat To The Judiciary Is A Threat To All The People

Policy   2022-08-23 | 05:14  Source:  Alsumaria news   2,244 views  Today, Tuesday, Representative Ahmed Al-Jubouri held the caretaker prime minister responsible for suspending the work of the courts, while noting that the threat to the judiciary is a threat to all the Iraqi people.

Al-Jubouri said in a tweet, which was followed by Alsumaria News, that "the threat to the judiciary is a threat to all the Iraqi people, and Al-Kazemi bears the suspension of the work of the courts and the Judicial Council."

He added that Al-Kazemi "hopes that he will stay in the position for a long time, even if things in Iraq turn to the law of the jungle."

Al-Jubouri called on the security services to protect the judiciary and judges from any attack or threat.”

The Supreme Judicial Council decided, earlier today, Tuesday, to suspend its work, its courts and the Federal Court in protest against the demonstrations.

The Supreme Judicial Council also announced the initiation of evidence-gathering procedures. Regarding the threat of the Federal Court

, the council said in a statement that "the Karkh First Investigation Court has started procedures for collecting evidence of the crime of threatening the Federal Court to take legal measures against the perpetrators." LINK

Al-Samarrai: Compromising The Judiciary Is A Fatal Bullet To The Head Of The State

Policy   2022-08-23 | 05:42   0 views  Alsumaria news – Politics   The head of the Azm Alliance, Muthanna Al-Samarrai, considered, today, Tuesday, compromising the judiciary as a fatal bullet in the head of the state, and a deliberate assassination of its entity.

Al-Samarrai said in a tweet, which was followed by Alsumaria News, that "there remains of the building of this state except the institution of the judiciary, which is the fortress and the refuge."

He added: "Therefore, harming it, disrupting it, and obstructing its role is a deliberate bullet to its entity and a clear declaration of chaos that will burn everyone with its fire."   LINK

Al-Halbousi Is Resentful After Disrupting The Constitutional Institutions: What We Have Achieved Represents A Major Regression

Policy  2022-08-23 | 05:13   Source:  Alsumaria news   765 views  Alsumaria News - Politics Parliament Speaker Muhammad al-Halbousi expressed, today, Tuesday, his displeasure over the disruption of constitutional institutions, stressing that what we have reached represents a major regression through the disruption of constitutional institutions.

Al-Halbousi said in a statement received by Alsumaria News, "We previously participated in the elections at the end of last year, after popular protests called for changing the government and holding early elections."

He added, "Our goal was to reform the situation, give space to the emerging forces in political participation, take their role in political decision-making within the parliament, add stability to political work, and implement real reforms through constitutional institutions."

Al-Halbousi continued: "Unfortunately, what we have reached today is a more regression than we were before, through the disruption of constitutional institutions. The Parliament is broken, the Judicial Council is down, and the business administration is."

The statement indicated that "we must all resort to the constitution, and be up to the responsibility to get the country out of this suffocating crisis, which is heading towards the absence of legitimacy, and may lead to a lack of international recognition of the entire political process, the structure of the state and its outputs."  LINK

Al-Halbousi: We Support The Demonstrations, But Our Opponents Should Not Be Against The Judiciary

Policy   2022-08-23 | 04:53   Source:  Alsumaria news  2,297 views  Alsumaria News - Baghdad, Parliament Speaker Muhammad al-Halbousi affirmed, today, Tuesday, his support for the demonstrations in accordance with the legal and constitutional contexts.

Al-Halbousi said in a tweet followed by Alsumaria News, "We support the demonstrations in accordance with the legal and constitutional contexts, in a manner that preserves the state and its institutions and protects its existence, but our rivalry should not be with the judiciary, which we all resort to if we dispute."

This morning, a number of Sadrists' supporters gathered in front of the Supreme Judicial Council building in the Green Zone in the capital, Baghdad.

And the Supreme Judicial Council decided, earlier today, Tuesday, to suspend its work, its courts and the Federal Court in protest against the demonstrations.

The Supreme Judicial Council also announced the initiation of procedures for collecting evidence about the threat of the Federal Court.

In a statement, the council said, "The First Karkh Investigation Court has started procedures for collecting evidence of the crime of threatening the Federal Court to take legal measures against the perpetrators." LINK

The Federal Court Postpones The Decision On The Appeal In The First Session Of Parliament

2022-01-19 | 04:50  7,164 views  Today, Wednesday, the Federal Court decided to postpone the decision on the appeal in the first session of Parliament.

Alsumaria correspondent said: "The Federal Court wrote down the plaintiffs' statements about the appeal in the first parliament session."

He added, "The court decided to adjourn the case to the 25th of January."  LINK

The Judiciary Begins Procedures For Collecting Evidence Regarding The Crime Of Threatening The Federal Court - Urgent

Policy   2022-08-23 | 04:21  Source:  Alsumaria news  4,948 views   Alsumaria News - Baghdad, Karkh First Investigation Court, today, Tuesday, began procedures for collecting evidence regarding the crime of threatening the Federal Court to take legal measures.

The Supreme Judicial Council said in a statement received by Alsumaria News, "The first Karkh investigation court has begun procedures to collect evidence of the crime of threatening the Federal Court to take legal measures against the perpetrators."

Earlier in the day, the Supreme Judicial Council decided to suspend its work following the protests in front of its building, in what it described as "unconstitutional and contrary to the law."

The judiciary media stated in a statement received by Alsumaria News, that "the Supreme Judicial Counciland the Federal Supreme Court met in person and electronically this morning, following the open sit-in of the Sadrist movement's demonstrators in front of the  Supreme Judicial Council to demand the dissolution of the House of Representatives by pressing the Federal Supreme Court to issue a decision by the state order to dissolve the Council." Representatives and sending threatening messages over the phone to pressure the court.

And the statement continued, "The meeting decided to suspend the work of the Supreme Judicial Council, the courts affiliated with it, and the Federal Supreme Court in protest against these unconstitutional and violating actions and to hold the government and the political party behind this sit-in legally responsible for the consequences of this behavior."   LINK

Iraqi News Tuesday AM 8-23-22

Iraqi News Tuesday AM 8-23-22

Tlm724 Administrator Bondlady’s Corner

Washington Calls For Respect For The Property Of The Iraqi Government

Tuesday, August 23, 2022 6:03 PM  Baghdad / National News Center  Today, Tuesday, the US Embassy in Baghdad called on all Iraqi parties to remain calm and refrain from violence.

In a statement received by the National News Center, the embassy said, "We are closely monitoring reports of unrest today in Baghdad around the Supreme Judicial Council."  The embassy urged "all parties to remain calm, refrain from violence and resolve any political differences in a peaceful manner based on the Iraqi constitution."

She added, "We also call on the demonstrators to respect the procedures and properties of Iraqi government institutions, which belong to the Iraqi people and serve their interests."   https://nnciraq.com/148433/

The Protesters Set Up Their Tents In Front Of The Supreme Judicial Council Building, And The Council Decides To Suspend Its Work

Today, Tuesday, the Green Zone protesters began erecting their tents in front of the Supreme Judicial Council building.

And the Iraqi News Agency said, "The protesters began erecting their tents today in front of the Supreme Judicial Council building."

For its part, the Supreme Judicial Council decided to suspend its work, the courts affiliated with it and the Federal Court.    https://www.radionawa.com/all-detail.aspx?jimare=30829

The First Comment From The Framework Candidate After Storming The Judiciary: Iraq Is Close To Chaos

Tuesday, August 23, 2022 5:09 PM  Baghdad / National News Center  The General Secretariat of the Euphrates Movement, headed by Muhammad Shiaa al-Sudani, warned on Tuesday of the threat to judicial institutions and the consequences of these actions.

A statement by the Euphrates Movement, received by the National News Center, stated, "The Euphrates Movement condemns the siege and threats to judicial institutions, and warns against the consequences of these actions that are intended to drag the country into the unknown."

The current held "the head of the caretaker government responsible for transgressing the constitutional and legal institutions, as Iraq has become close to chaos and its consequences and extensions, and this matter means compromising civil peace and the country's national security and a coup against the political process," calling on "all sane people to remedy the dangers and consequences of these acts."

https://nnciraq.com/148425/

The United Nations Stresses The Need To Respect State Institutions During The Baghdad Demonstrations

The United Nations mission, UNAMI, stressed today, Tuesday, that state institutions must operate without hindrance.

The mission said in a statement: "The right to peaceful protest is an essential element of democracy, and no less important is the affirmation of constitutional compliance and respect for state institutions."

He added: "State institutions must work without hindrances to serve the Iraqi people, including the Supreme Judicial Council."    https://www.radionawa.com/all-detail.aspx?jimare=30839

The Iraqi Economy Is Expected To Grow By 5.5 Percent In 2022

Money and business   Economy News-Baghdad   The Arab Monetary Fund launched the seventeenth edition of the "Arab Economic Prospects" report, which includes economic growth expectations and trends in the development of domestic prices for Arab countries, including Iraq, during 2022 and 2023 .

The report expected that the Iraqi economy would recover, achieving a growth rate of 5.5 percent in the current year, and a relative decline in economic growth to 4.4 percent in the year 2023 .

He reviewed part of the government and the Central Bank’s measures to contribute to achieving growth in the country, indicating that the Central Bank had set among its priorities in its strategic plan for the years 2021-2023 to support digital financial and banking services by preparing for the “Know Your Customer Online” project, to adopt the use of digital identification to open bank accounts and integrate Customers digitally, and obligating the banking sector to use digital applications, such as mobile phone applications and online banking services, in accordance with international best practices .

The report indicated that the Central Bank launched, in coordination with the government, several initiatives in order to stimulate economic activity, especially in the field of financing small, medium and large enterprises, and in the field of housing and personal loans, and to enhance credit to the private sector by reducing the interests imposed on loans granted .   232 . views   Added 08/23/2022 - 10:29 AM  Update 08/23/22 - 6:03 PM https://economy-news.net/content.php?id=29432

Oil Prices Rise After OPEC Talks About Production Cuts

Economie| 08:54 - 23/08/2022   BAGHDAD - Mawazine News  Oil prices rose on Tuesday, after Saudi Arabia warned that the Organization of the Petroleum Exporting Countries (OPEC) may cut production to correct the recent decline in oil futures.

Brent crude futures rose 32 cents to $96.80 a barrel by 0004 GMT, after a volatile session on Monday when they fell more than four dollars before paring losses to near stability. US West Texas Intermediate crude futures also rose 37 cents to $90.73 a barrel.    https://www.mawazin.net/Details.aspx?jimare=203197

The Central Bank Denies The Existence Of Evictions Of Its Employees From Its Building

Political | 02:33 - 23/08/2022   Baghdad - Mawazine News, today, Tuesday, the Central Bank of Iraq denied evacuating its building of employees.  And the bank stated in a statement, that "there are no evictions of central bank employees." Ended 29 / h    https://www.mawazin.net/Details.aspx?jimare=203248

Low Dollar Exchange Rates On The Iraqi Stock Exchange

Tuesday, 23 August 2022 9:43 AM  Baghdad / National News Center  Today, Tuesday, the dollar exchange rates fell on the Iraqi Stock Exchange.

The selling prices of the dollar were 147,900 dinars per 100 dollars, while the purchase prices of the dollar were 147,800 dinars per 100 dollars.    https://nnciraq.com/148346/

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

https://www.bondladyscorner.com/

"Tidbits From TNT" Tuesday Morning 8-23-2022

TNT:

Tishwash: The coordination framework fears the “live broadcast” and hopes that Al-Sadr will understand the “seriousness” of the matter

Shafaq News/ Various sources spoke in the comprehensive coordination framework for all Shiite political forces, except for the Sadrist movement, that they hope that the leader of the Sadrist movement will respond to the calls to sit at the dialogue table and end the crisis that the country is going through.

The sources told Shafak News Agency; "The actors in the political scene are making great efforts in order to achieve a rapprochement between the political forces and thus sit at the national dialogue table, which it is hoped that its second session will take place soon after, and it may be after the return of Prime Minister Mustafa Al-Kazemi from Egypt."

She indicated that "it is expected that the United Nations representative will visit Al-Hananah again to inform Al-Sadr the appropriate responses to his requirements that he set in return for his sitting at the dialogue table," stressing that "it is not possible to implement all of Al-Sadr's conditions, especially those related to broadcasting dialogue sessions or the national meeting, especially since it is hoped that a session will be held. A second for the National Dialogue under the auspices of Prime Minister Mustafa Al-Kadhimi.

The sources continued; That "if this condition (the live broadcast) is accepted, this may be limited to the first ceremonies of the meeting only, as broadcasting the details of such meetings may contribute to fueling the street, not calming it, and from here comes the rejection of such demands, but we hope that everyone understands the consequences of that."

And she indicated that "the meeting of the leader of the Al-Fateh Alliance, Hadi Al-Amiri, with the leader of Muqtada Al-Sadr was achieved. Things will inevitably go towards the settlement, because it is not in everyone's interest that the situation remains as it is."

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Tishwash:  After Parliament, the Sadrist movement's supporters stage a sit-in in front of the Judicial Council

Supporters of the Sadrist movement began, on Wednesday, a new sit-in in front of the Supreme Judicial Council in the capital, Baghdad, in addition to a sit-in that has been going on for weeks in the vicinity of Parliament.

Our correspondent said, "The protesters of the Sadrist movement have begun to erect tents in front of the Supreme Judicial Council building, to demand the resolution of the lawsuit to dissolve Parliament, which was submitted by supporters of the Sadrist movement earlier."
He added, "The security forces have taken strict security measures around the judiciary building."

Sadr's supporters raised banners calling for the dissolution of the Iraqi parliament, which is the main demand of the current, which wants to hold early parliamentary elections.
The leader of the movement, Muqtada al-Sadr, demanded a few days ago the Supreme Judicial Council to take the necessary measures to "correct the course" to solve the country's political crisis, but the council responded that its powers do not include dissolving Parliament.  link

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Tishwash:  The Supreme Judiciary decides to suspend its work, the courts affiliated with it, and the Federal Court

Today, Tuesday, the Supreme Judicial Council decided to suspend its work, following the protests in front of its building, in what it described as “unconstitutional and in violation of the law.”

And the judiciary media stated in a statement received by (Al-Oula News), that “the Supreme Judicial Council and the Federal Supreme Court met in person and electronically this morning, following the open sit-in of the Sadrist movement’s demonstrators in front of the Supreme Judicial Council to demand the dissolution of the House of Representatives by pressing the Federal Supreme Court to issue a decision by the state order to dissolve the House of Representatives.” Parliament and sending threatening letters over the phone to put pressure on the court.”

The statement continued, "The meeting decided to suspend the work of the Supreme Judicial Council, the courts affiliated with it, and the Federal Supreme Court in protest against these unconstitutional and violating the law, and to hold the government and the political party behind this sit-in legally responsible for the consequences of this behavior."

 The Supreme Judicial Council and the Federal Supreme Court met in person and electronically on Tuesday morning, corresponding to 23/8/2022, following the open sit-in of the Sadrist movement’s demonstrators in front of the Supreme Judicial Council to demand the dissolution of the Council of Representatives by pressing the Federal Supreme Court to issue a decision by the Parliament’s representatives. 

To put pressure on the court, the meeting decided to suspend the work of the Supreme Judicial Council, the courts affiliated with it, and the Federal Supreme Court in protest against these unconstitutional and violating acts, and to hold the government and the political party behind this sit-in legally responsible for the consequences of this behavior.  link

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Tishwash:  Al-Kazemi: The right to demonstrate is guaranteed according to the constitution, with the need to respect state institutions

Prime Minister Mustafa Al-Kazemi cut short his visit to the Arab Republic of Egypt on Tuesday morning and returned to Baghdad following the developments of the current events in the country and for the direct follow-up to the performance of the duties of the security forces in protecting the institutions of the judiciary and the state.

Al-Kazemi warned, according to a statement issued by his media office, that “disrupting the work of the judicial institution exposes the country to real dangers,” stressing that “the right to demonstrate is guaranteed according to the constitution, with the need to respect state institutions to continue their work in the service of the people.”

The Prime Minister called on "all political forces to calm down, and to take advantage of the national dialogue opportunity to get the country out of its current crisis," calling for "an immediate meeting of the leaders of the political forces in order to activate the national dialogue procedures and defuse the crisis."   link

Mot:  don't know if school pictures are still like this, but here's how she remembers it going...

Mot: .. How to Train the ""Wee Folks"" to Deal with Frustration! ~

Monday Evening Iraq Economic News Highlights 8-22-22

Monday Evening Iraq Economic News Highlights 8-22-22

Iraq Is Ranked 79th Globally And 8th In The Arab World As The Poorest People In The World

Iraq  10:35 - 08-22-2022   Iraq ranked 79th in the world among the world's poorest people, ahead of Egypt, which ranked 92nd in the world, according to the American magazine Global Finance.

And the magazine said in a report, that “the poorest countries in the world suffered from civil wars and ethnic and sectarian conflicts, and then Covid-19 came, which made the bad conditions worse,” noting that “the world has enough wealth and resources to ensure that the entire human race enjoys a basic standard of living.”

And the magazine explained, according to a table prepared for this, that "Iraq ranked 8th in the Arab world and 79th globally out of 192 countries listed in the table among the poorest peoples in the world, as the Iraqi per capita GDP amounted to 12,141 thousand dollars annually."

https://kirkuktv.net/AR/Details/8312

Gold Prices Fell To An Unprecedented Level In About A Month

Economie  2022-08-22 | 02:49  1,581 views  Gold prices fell for the sixth consecutive session, on Monday, to reach their lowest level in more than three weeks, affected by the strength of the dollar and expectations that the Federal Reserve (the US central bank) would raise interest rates to curb the rise in inflation.

And the price of gold in spot transactions fell 0.1% to $ 1746.06 an ounce (an ounce) from 01:31 GMT, after it reached its lowest level since July 28 to $ 1743.83 in early Asian trading. Gold lost nearly 3% last week.

US gold futures fell 0.2% to $1,758.80.

The dollar rose 0.1% to its highest level in more than a month against rival currencies, making gold more expensive for buyers holding other currencies.

Economists in a Reuters poll said the Federal Reserve will raise interest rates by 50 basis points in September, amid expectations that inflation has reached its peak and growing fears of recession.

A series of US central bank officials said last week that the bank should continue raising borrowing costs to control high inflation.

Gold is very sensitive to rising US interest rates because it increases the opportunity cost of holding non-yielding gold.

As for other precious metals, the price of silver in spot transactions rose 0.2% to $ 19.06 an ounce, platinum fell 0.3% to $ 893.38 and palladium increased 0.2% to $ 2129.21, according to Reuters.  LINK

Al-Kazemi’s Advisor Clarifies The Fate Of Government Revenues, Taxes, And Fees In The Absence Of A Budget[/Size]

Economie| 03:41 - 08/21/2022   Baghdad - Mawazine News   , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, today, Sunday, the fate of government revenues, taxes and fees in the absence of the federal general budget.

Saleh said, "In the absence of the federal general budget, the government revenue side, both oil and non-oil, remains effective and continues to collect automatically without interruption, regardless of the legislative circumstances related to the general budget, based on the provisions and applications of the Federal Financial Management Law No. 6 of 2019 as amended."

He added, "The collection of taxes imposed on taxpayers, both direct and indirect, continues, as well as government fees and wages collected for the benefit of the state, to work automatically without interruption, and their revenues are collected from taxpayers in accordance with the provisions, regulations and legal systems legislated in the Republic of Iraq."

And he continued, "Its function is to feed public expenditures, whether in accordance with the legislation of a law for the public budget or what is available from the applications provided by the financial management law in force in how to manage public spending."     https://www.mawazin.net/Details.aspx?jimare=203051

Iraq Is The Third Largest Importer Of Fresh Turkish Fruits And Vegetables In July

Shafaq News/ The Turkish Mediterranean Fresh Fruits and Vegetables Exporters Association (AKİB) announced on Monday that Iraq was the third largest importer of these crops during the past month.

The head of the association, Ferhat Guruz, said in a report seen by Shafak News Agency, that "Turkey's exports of fresh fruits and vegetables exceeded 155 million dollars last July, while the share of exporters in the Mediterranean region of the total revenue amounted to 54.4 million dollars. ".

And he indicated that, "During the last month, Turkey delivered 179,400 tons of products to foreign markets," explaining that "European exports to Russia grew by 53% to reach $83.1 million, while exports to Germany amounted to $28.2 million, while Iraq was the third largest. An importer of fresh Turkish fruits and vegetables, he bought $4.3 million worth of produce.

Goruz added that "exports to Israel rose by 148% year on year to reach $2.6 million, and shipments of products to Austria jumped by 143% to reach $1.9 million, and exports to Saudi Arabia recorded an increase of 100% to reach 1.1 million. dollar".

He pointed out that "the most selling export products were the crops of peaches, cherries and apricots," noting that "peach exports rose by 53 percent to achieve revenues of 41 million dollars, while mushroom exports rose to 1.6 million dollars, and pear and apricot exports increased by 106 % and 82% to reach $1.2 million and $26 million, respectively.    LINK

The Recovery Of The Financial Sector And The Rise In Unemployment Rates.. Learn About The Indicators Of The Iraqi Economy During 10 Years

Money and business   Economy News-Baghdad   Economic indicators showed the recovery of the banking and financial sector in Iraq during the past ten years, in contrast to the high rates of unemployment and government expenditures.

Indicators in a report of the Central Bank of Iraq seen by "Economy News" showed that the unemployment rate rose to 16.5% in 2021, compared to 11.9% in 2012, and the foreign reserve also decreased from 69.6 billion dollars in 2012 to 63.8 billion dollars in 2021.

The indicators showed that the total deposits with commercial banks rose from 62 trillion dinars in 2012 to 96 trillion dinars in 2021, offset by the increase in the total capital of banks from 5.9 trillion dinars in 2012 to 17.7 trillion dinars in 2021.

The number of banks in Iraq increased to 73 banks, compared to 54 banks in 2012, in contrast, the total public revenues decreased to 109 trillion dinars, compared to 119 trillion dinars in 2012.

The indicators show that total expenditures rose from 90 trillion dinars in 2012 to 102 trillion dinars in 2021, while the total public debt rose from 6.5 trillion dinars in 2012 to 69.9 in 2021.

As for imports, they also decreased from 50 billion dollars in 2012 to 34 billion dollars in 2021, as well as exports decreased from 94 billion dollars in 2012 to 73 billion dollars in 2021.

Views 90   Added 08/22/22 - 11:24 AM    Update 08/22/22 - 12:57 PM

https://economy-news.net/content.php?id=29421

China Expands In Iraq: Huge Oil And Infrastructure Projects

Arab economy    In Iraq, rich in oil and poor in infrastructure, China has found a foothold. In addition to the work of its companies in the oil field, it is building schools and an airport in projects that this country needs, but it puts it in the face of the risk of falling into a debt trap with Beijing in a not so distant time.

The Chinese presence in Iraq is not new. But Beijing has recently diversified and expanded its projects in this country that has suffered from wars and conflicts for more than forty years.

And John Calabrese, director of the Middle East and Asia Project at the Middle East Institute, told AFP that "Iraq is in dire need of foreign investment, especially in the field of energy infrastructure."

Here, China found an opportunity. The People's Republic needs to secure its energy needs, diversify its sources, and become the first importer of Iraqi oil. It alone imports 44 percent of Iraq's oil exports, according to the Prime Minister's advisor, Mazhar Salih, to the Iraqi News Agency.

In the field of energy, "the situation is active," says the Chinese ambassador, Cui Wei, in response to a question by "AFP" at a press conference. But he adds: "We are still in the stage of entering Iraq and cooperating with the Iraqi side, as well as with foreign companies operating in Iraq."

Cui explains that in terms of "the number and value of projects" in the energy field, "the Chinese side is still at the beginning stage."

John Calabrese believes that behind the clear commercial goals, "there also lies China's ambition to showcase its work, polish its image, and deeply entrench itself in a country and region dominated by the West, especially the United States" for a long time.

"Belt and Road"

In 2019, Iraq became one of China's partners in the "Belt and Road" initiative, with the two countries signing an agreement in this regard.

The "Belt and Road" initiative aims to build marine and land infrastructure projects, better connecting China with Asia, Europe and Africa.

But the West sees it as a tool to enhance China's influence in poor countries, denouncing in particular the fact that these projects have accumulated large debts on those countries. Westerners also suspect corruption and human rights abuses.

A spokesman for the Chinese Foreign Ministry told AFP that "China is actively participating in the reconstruction of the Iraqi economy," stressing that Baghdad is an "important partner" in the "Belt and Road" initiative.

China Expands in Iraq: Huge Oil and Infrastructure Projects E0677A4D-7EE6-4D4B-B8F3-1892708454D9

Arab economy

Oil jumps Iraq's foreign exchange reserves above 80 billion dollars

Within the framework of this initiative, Iraq “remained the third most important partner” for China in the energy sector “between 2013 and 2022,” as stated in a report by Christoph Nedobel for the Center for Development and Green Finance at Fudan University in Shanghai.

For example, in the Maysan Governorate in southern Iraq, the Halfaya field is being developed with a consortium of companies led by the Chinese state-owned PetroChina, along with the French Total and Malaysian Petronas, as the director of the Maysan Oil Company explained in a statement to the Iraqi News Agency.

As for the trade exchange between the two countries, it is booming and amounted in the year 2020, to 30 billion dollars, as the Iraqi News Agency quoted an official at the Chinese embassy.

Given the importance of infrastructure reconstruction, many projects undertaken by China in this field fall within the framework of the agreement signed between the two countries in 2019 under the title "Reconstruction for Oil". Among these projects, a thousand schools and an airport in Nasiriyah.

In the city of Nasiriyah in southern Iraq, Power China is working on one of these schools. It is one of two Chinese companies implementing a project to build eight thousand schools in total in three phases, the first phase of which includes 1,000 schools in 15 Iraqi provinces.

Language Lessons

These projects are financed by Iraq's sale of 100,000 barrels of oil per day to China, the revenues of which are deposited in an account managed by the Central Bank of Iraq in China. These proceeds can only be used in projects carried out by Chinese companies exclusively in Iraq.

Chinese companies should also work with local Iraqi contracting companies "to provide manpower and raw materials," as explained to "AFP", spokesman for the General Secretariat of the Council of Ministers, Haider Majid.

Yasar Al-Maliki, an economist at the Middle East Economic Survey, considers that providing job opportunities for Iraqi labor is a "positive matter", but "there are rumors that the majority of Iraqi companies are politically connected, and are unknown, so there are fears of corruption."

Arab economy   The second attack targeting power transmission towers in Iraq within a day

Majeed said there were plans to also include "roads, bridges, railways, energy, oil and health projects" in the agreement.

But al-Maliki warns that "the Iraqi authorities use the agreement in useless projects, and end up with many debts, as is the case in many African countries."

China also attracts Iraqis who want to learn its language. From here, the Iraqi-Chinese Friendship Society established the only Chinese language institute in Iraq, with the exception of the Kurdistan region, less than a year ago.

On the study benches here are students who want to complete their education in China, and merchants who import their goods from this country. As for the teacher, Sajjad Al-Qazzaz, 25, he learned the language during the six years he studied medicine in China.

Al-Qazzaz says, "When I returned to Iraq from China, I found that many people want to learn Chinese."

The majority of the students are traders like Laith Ahmed. "I own a company that imports electrical appliances from China," says the man.

He added, "I always go there and find it difficult to deal with the Chinese, because most of them do not speak English, so I decided to learn Chinese to make it easier to communicate with them."  (AFP)   LINK