Iraqi News Sunday AM 8-28-22

Iraqi News Sunday AM 8-28-22

Tlm724 Administrator Bondlady’s Corner

Saleh Receives Blackshart To Discuss Ways Out Of The Current Crisis

Political | 02:33 - 28/08/2022   Baghdad - Mawazine News, the President of the Republic, Barham Salih, stressed, today, Sunday, the importance of adopting dialogue in order to reach solutions that rise to the challenges and requirements required.

The Presidency of the Republic said in a statement received by Mawazine News that "the President of the Republic, Barham Salih, received today, Sunday, at the Peace Palace in Baghdad, the representative of the Secretary-General of the United Nations in Iraq, Jenin Hennis-Plasschaert."

He added that "the two sides discussed the developments of the political situation in the country and ways to get out of the existing crisis through solutions that rise to the challenges and entitlements required."

Saleh stressed "the importance of adopting dialogue between all to reach satisfactory results that guarantee security and stability and achieve the aspirations of citizens." Ended 29/M99

https://www.mawazin.net/Details.aspx?jimare=203713

The "Iraqi Presidencies" Call For Dialogue, And "Al-Sadr" Responds With An Initiative

Posted On2022-08-28 By Sotaliraq   Amid a state of political escalation among the Iraqi components, the three presidencies (the republic, ministers and parliament) warned of the aggravation of the current political crisis in the country, calling for calm and dialogue, while the "Sadr movement" put forward a new initiative to end the escalating crisis that stipulates the non-participation of all political parties and personalities. in the next elections.

The outgoing Iraqi President, Barham Salih, said in a speech before a conference in Baghdad to combat violence against women, that "the current challenges in his country require everyone to have a good understanding and to resort to the principle of concessions in favor of what is a comprehensive national and in favor of a reform project to overcome the underlying defect in the system of governance."

He called on everyone to "resort to the option of dialogue, regardless of the degree of crisis and disagreement, instead of escalation and collision, as everyone will lose in it."

In turn, the outgoing Prime Minister, Mustafa Al-Kazemi, said in a speech to the same conference, that “it is unreasonable for the political crises in Iraq to remain without solutions,” noting that “everyone is at a crossroads, either the path of crisis, chaos, political conflict and threatening social peace, or the path of stability, security, construction and prosperity.”

He believed that "the solution is for everyone to show willingness to make concessions so that the country does not get lost in conflicts and political challenges," warning that "the moment when a clash occurs and shootings are fired will not stop and remain for years."

In this context, Parliament Speaker Muhammad al-Halbousi called on the political forces to sit down for a dialogue table to reach solutions to the political crisis, warning that the country's situation cannot continue in this case.

Al-Halbousi said: "What we have reached today represents a regression from what we were before. We must sit at the dialogue table and proceed with early elections."

The Iraqi leaders' statements come at a time when the political crisis in Iraq, which has continued since the parliamentary elections held in October last year, is worsening, as the conflicting political forces failed to agree to form a new government and elect a new president for the country. A new initiative to end the escalating political crisis in the country stipulates that all parties and political figures should not participate in the upcoming elections.

A post on Facebook by a leader close to the leader of the "Sadr movement" Muqtada al-Sadr, Saleh Muhammad al-Iraqi, stated that the initiative calls for the non-involvement of all political parties and personalities that have participated in the political process since 2003 until now, including the "Sadr movement" in the the next elections.

He stressed that the personalities covered by this ban include leaders, ministers, employees and special ranks affiliated with the parties.

Al-Iraqi said that this demand is more important than the demand to dissolve parliament and hold early elections, adding that it "would be an alternative to all the initiatives sought by some, including the United Nations."

Al-Iraqi expressed Al-Sadr's readiness to sign an agreement that guarantees this within a maximum period of 72 hours.

The "Sadr movement" called, yesterday, the highest judicial authority in Iraq for the second time in less than a month, to dissolve parliament in the context of pressure on his political opponents.

The crisis has worsened in recent weeks, with the political forces represented by the Sadrist movement and its main opponent, adopting the "coordinating framework" to organize protests and sit-ins in order to pressure the implementation of their demands, and the matter reached the point of organizing a sit-in in front of the Supreme Judicial Council.

The political analyst and deputy head of the "Political Decision Center" in Iraq, Haider al-Moussawi, confirmed that there are not many papers with the "Sadr movement" to keep pressure on its rival, the "coordinating framework." Al-Moussawi indicated, in statements to Al-Ittihad, that “the sit-in in front of the parliament building could turn into in front of the presidential palace, and this would be a new step to put pressure on the Patriotic Union of Kurdistan, given that Barham Salih is from this party, and put pressure on him, which is a major ally of the framework.” Coordination,” stressing that there is no solution except through dialogue.

In turn, Adnan Al-Sarraj, head of the Iraqi Center for Media Development, said that the coming days will witness a breakthrough in the Iraqi political scene with news of pressures that will be directed to the "Sadr movement" to reorganize its papers to suit the local, regional and international reality and to demand a moderate discourse.

Al-Sarraj said in a statement to Al-Ittihad, “The demand and signature of more than 180 deputies to hold a parliamentary session with the presence of emerging political forces calling for this matter and moving towards the Kurdistan Democratic Party and the Sovereignty Alliance to move and persuade the Sadrist movement to dialogue, all of these things are evidence of an upcoming breakthrough for the political crisis. in Iraq".

Yesterday, the Security Media Cell in Iraq reported the killing of 4 ISIS members and the wounding of others in Diyala Governorate, northeast of Baghdad.

The Media Cell said, in a press statement, that "forces from the First Division in the Diyala Operations Command managed to discover the movements of ISIS elements coming from Hamrin Mountain and Lake, and they tried to attack the main surveillance cameras."

She explained that the Iraqi forces confronted the "ISIS" elements, and managed to kill 4 and wound others.

Meanwhile, an Iraqi soldier was killed and two others were wounded, yesterday, in an explosion targeting a military patrol southwest of Baquba, the center of Diyala province.

The local authorities said: A security force went to the scene of the accident and launched a search for the perpetrators.   LINK

The Rise In Gold Prices In The Iraqi Market

Economie| 11:56 - 28/08/2022  Baghdad - Mawazine News, the prices of the yellow metal rose slightly in the Iraqi markets today, Sunday.

The price of a 21-carat gold weight, the most traded among the public, reached 359 thousand and 85 dinars, excluding drafting fees.

he price of a gold weight of 24 karat, 410 thousand and 375 dinars, excluding the fees of goldsmithing.

https://www.mawazin.net/Details.aspx?jimare=203699

The Dollar Stabilizes In The Iraqi Market

Economie| 10:08 - 28/08/2022   Baghdad - Mawazine News  The dollar exchange rates stabilized today, Sunday, on the Iraqi Stock Exchange.  

And the selling prices of the dollar were 148000 dinars per 100 dollars, while the purchase prices of the dollar were 147,900 dinars per 100 dollars.    https://www.mawazin.net/Details.aspx?jimare=203690

More Than One Billion And 300 Million Dollars In Central Bank Sales Last Week

Saturday 27 August 2022 12:00 | Economic Number of readings: 393

Baghdad / NINA / - The sales of the Central Bank of Iraq in the currency auction, during the past week, amounted to approximately one billion and 300 million dollars.

And the Central Bank stated in a statement, that it sold during the past week, for the five days in which the auction was opened, from Sunday to Thursday, one billion and 292 million and 29 thousand and 554 dollars, at a daily rate of 258 million and 459 thousand dollars, down by 3.7% from the previous week.

He added: "The lowest dollar sales during the past week were on Thursday, reaching 224 million and 465 thousand and 450 dollars, while the highest sales were on Monday, reaching 273 million and 775 thousand and 540 dollars."

He pointed out that most of these sales went in the form of Transfers abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to cash sales, amounted to 1460 dinars per dollar./End 8    https://ninanews.com/Website/News/Details?key=996335

The Results Of The Foreign Currency Sale Window Monday 08/29/2022

Announcement No. (4712)   Sale date - Monday 08/29/2022  the details   the amount

Total sale for the purposes of strengthening balances abroad (remittances, credits)  204,322,070

Total cash sale  43,450,000    total total sales  247,772,070

Note that:

The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar.

The cash sale price is ( 1460 ) dinars per dollar.

» The Central Bank of Iraq’s foreign currency sales schedule, Monday 29/8/2022

https://cbi.iq/currency_auction

Customs: The Zeroing Decision Has Significantly Affected The Treasury's Revenues

Money and business   Economy News _ Baghdad   Today, Sunday, the General Customs Authority confirmed that the decision to zero in customs significantly affected the financial revenues of the treasury.

The Director General of the Human Rights Commission, Shaker Mahmoud Al-Zubaidi, said in an interview with the Iraqi News Agency, and followed by "Al-Iqtisad News", that "the work of customs is not limited to providing the state treasury with revenues, but rather that there are social goals that the government bears responsibility for, especially after the global crisis due to the Corona pandemic and the Russian war." Ukrainian".

He added that "it was necessary to alleviate the burden of the citizen by introducing food, consumer and construction materials without fees," noting that "the decision to zero has significantly affected the financial revenues of the treasury, despite the human dimensions."

And last March, the Customs Authority announced the application of procedures for issuing circulars for the implementation of Resolution 72 of 2022, which includes zeroing customs duties for basic food and consumer items and building materials, in order to support the citizens’ segment and the people’s food, which affects their daily lives to meet the challenges of high prices.

Views 13   Added 08/28/2022 - 3:39 PM  Update 08/28/2022 - 4:53 PM

https://economy-news.net/content.php?id=29493

Sunday AM Iraq Parliament News Highlights 8-28-22

Sunday AM Iraq Parliament News Highlights 8-28-22

Al-Sadr's Minister Calls For A New Iraq: There Is No Dependency In It

Policy    2022-08-28 | 03:56    1,785 views   Alsumaria News – Politics     The Minister of the Sadrist movement, Saleh Muhammad al-Iraqi, called today, Sunday, for a new Iraq devoid of dependency, and where peace prevails.

In a post followed by Alsumaria News, Al-Iraqi said: “Come to a new Iraq, where there is no subordination, no militias, no occupation, no terrorism, no corruption, no drugs, no uncontrolled weapons, no tested parties, It is tempted and tempted in it, there is no deep state in it, no sectarianism in it, no quotas in it, no crime in it, no violence in it, no fighting in it, no clinging to power, no epidemic in it, no poverty in it, no unemployment in it, no high prices in it. There is no smuggling in it, nor dryness in it, nor indecency in it.”

He added, “There is a law that is enforced, brotherhood prevails, the citizen is honored, minorities are honored, an impartial judiciary, balanced relations with the outside, peace prevails, an army that protects, a people serve, a government that serves, and loyalty to the homeland. In it, clans fraternize, in which boundaries are maintained, in which dignity is not humiliated, in which women are protected, in which youth are helped and helped, in which religions are respected, in which beliefs are accepted, in which ideas are formulated, in which agriculture and industry flourish, and in which construction continues, and in which the currency and economy are stronger.

And in it the balance is approved, and in it obedience to God is loved, and in it disobedience to God is rejected, and in it loyalty to the homeland is required.   LINK

Al-Jubouri: Some Dissonant Voices Aim To Stir Up Sedition

Policy   2022-08-27 | 15:56   Source:   Alsumaria news   3,461 views   The Secretary-General of the National Masses Party, Ahmed Abdullah Al-Jubouri, considered, on Saturday, that some of what he described as "dissonant voices" aim to stir up sedition and ignite crises among the sons of the same component through audio leaks.

Al-Jubouri said in a statement, "We extend our thanks and praise to all the authentic Arab tribes in Salah al-Din Governorate, which supported us and confronted the frantic attacks and campaigns that targeted our national project in Salah al-Din and other governorates."

He added, "We appreciate the positions of the sheikhs, dignitaries, youth and activists, who rejected the attempts being raised to mix papers and trolling with murky water by some dissonant voices that aim to stir up sedition and ignite crises among the sons of the same component, through audio leaks compiled and fabricated to make people believe that they are accurate."

He pointed out that "he will remain loyal to all those who supported the project of the National People's Party, which has proven its presence and success under the auspices of the sons of Salahaddin And protecting the identity of the governorate," stressing that "these campaigns will only increase his determination and steadfastness in his national positions, with the presence of the honorable people of this country who rejected these open attacks."   LINK

The "Iraqi Presidencies" Call For Dialogue, And "Al-Sadr" Responds With An Initiative

Posted On2022-08-28 By Sotaliraq    From a sit-in by supporters of the Sadrist movement in front of the Supreme Judicial Council in the Green Zone last week (AFP)

Huda Jassim (Baghdad)    Amid a state of political escalation among the Iraqi components, the three presidencies (the republic, ministers and parliament) warned of the aggravation of the current political crisis in the country, calling for calm and dialogue, while the "Sadr movement" put forward a new initiative to end the escalating crisis that stipulates the non-participation of all political parties and personalities. in the next elections.

The outgoing Iraqi president, Barham Salih, said in a speech before a conference in Baghdad to combat violence against women, that "the current challenges in his country require everyone to have a good understanding and to resort to the principle of concessions in favor of what is a comprehensive national and in favor of a reform project to overcome the underlying defect in the system of governance."

He called on everyone to "resort to the option of dialogue, regardless of the degree of crisis and disagreement, instead of escalation and collision, as everyone will lose in it."

In turn, the outgoing Prime Minister, Mustafa Al-Kazemi, said in a speech to the same conference, that “it is unreasonable for the political crises in Iraq to remain without solutions,” noting that “everyone is at a crossroads, either the path of crisis, chaos, political conflict and threatening social peace, or the path of stability, security, construction and prosperity.”

He believed that "the solution is for everyone to show willingness to make concessions so that the country does not get lost in conflicts and political challenges," warning that "the moment when a clash occurs and shootings are fired will not stop and remain for years."

In this context, Parliament Speaker Muhammad al-Halbousi called on the political forces to sit down for a dialogue table to reach solutions to the political crisis, warning that the country's situation cannot continue in this case.

Al-Halbousi said: "What we have reached today represents a regression from what we were before. We must sit at the dialogue table and proceed with early elections."

The Iraqi leaders' statements come at a time when the political crisis in Iraq, which has continued since the parliamentary elections held in October last year, is worsening, as the conflicting political forces failed to agree to form a new government and elect a new president for the country. A new initiative to end the escalating political crisis in the country stipulates that all parties and political figures should not participate in the upcoming elections.

A post on Facebook by a leader close to the leader of the "Sadr movement" Muqtada al-Sadr, Saleh Muhammad al-Iraqi, stated that the initiative calls for the non-involvement of all political parties and personalities that have participated in the political process since 2003 until now, including the "Sadr movement" in the the next elections.

He stressed that the personalities covered by this ban include leaders, ministers, employees and special ranks affiliated with the parties.

Al-Iraqi said that this demand is more important than the demand to dissolve parliament and hold early elections, adding that it "would be an alternative to all the initiatives sought by some, including the United Nations."

Al-Iraqi expressed Al-Sadr's readiness to sign an agreement that guarantees this within a maximum period of 72 hours.

The "Sadr movement" called, yesterday, the highest judicial authority in Iraq for the second time in less than a month, to dissolve parliament in the context of pressure on his political opponents.

The crisis has worsened in recent weeks, with the political forces represented by the Sadrist movement and its main opponent, adopting the "coordinating framework" to organize protests and sit-ins in order to pressure the implementation of their demands, and the matter reached the point of organizing a sit-in in front of the Supreme Judicial Council.

The political analyst and deputy head of the "Political Decision Center" in Iraq, Haider al-Moussawi, confirmed that there are not many papers with the "Sadr movement" to keep pressure on its rival, the "coordinating framework." Al-Moussawi indicated, in statements to Al-Ittihad, that “the sit-in in front of the parliament building could turn into in front of the presidential palace, and this would be a new step to put pressure on the Patriotic Union of Kurdistan, given that Barham Salih is from this party, and put pressure on him, which is a major ally of the framework.” Coordination,” stressing that there is no solution except through dialogue.

In turn, Adnan Al-Sarraj, head of the Iraqi Center for Media Development, said that the coming days will witness a breakthrough in the Iraqi political scene with news of pressures that will be directed to the "Sadr movement" to reorganize its papers to suit the local, regional and international reality and to demand a moderate discourse.

Al-Sarraj said in a statement to Al-Ittihad, “The demand and signature of more than 180 deputies to hold a parliamentary session with the presence of emerging political forces calling for this matter and moving towards the Kurdistan Democratic Party and the Sovereignty Alliance to move and persuade the Sadrist movement to dialogue, all of these things are evidence of an upcoming breakthrough for the political crisis. in Iraq".

Yesterday, the Security Media Cell in Iraq reported the killing of 4 ISIS members and the wounding of others in Diyala Governorate, northeast of Baghdad.

The Media Cell said, in a press statement, that "forces from the First Division in the Diyala Operations Command managed to discover the movements of ISIS elements coming from Hamrin Mountain and Lake, and they tried to attack the main surveillance cameras."

She explained that the Iraqi forces confronted the "ISIS" elements, and managed to kill 4 and wound others.

Meanwhile, an Iraqi soldier was killed and two others were wounded, yesterday, in an explosion targeting a military patrol southwest of Baquba, the center of Diyala province.

The local authorities said: A security force went to the scene of the accident and launched a search for the perpetrators.     LINK

Al-Sadr's Initiative Raises The Ceiling Of Demands And Blows Up The Dialogue Tables

Posted On2022-08-28 By Sotaliraq    Baghdad    Beyond the dialogues, Muqtada al-Sadr, the leader of the Sadrist movement, through his minister, raises the ceiling of demands and blows up the tables, calling for the removal of all the personalities involved in the political process since 2003 from the scene, in a new position from the leader of the movement, he declared that it is even more important than dissolving parliament and elections early.

Al-Sadr leaves the scene open to interpretations, with a sentence open to two possibilities. The first is to withdraw, leaving the fate of the protest in the hands of the street, or not to interfere in the political process at all.

This position came after the meeting of the three presidencies, the judiciary, the United Nations and international figures, and the repeated calls for dialogue and conditional elections.

As if there is no escape from the political process from the habit of understandings and discussions every time the crisis escalates, while experts believe that the dialogue tables were set for the sake of dialogue, not the solution, because they do not have any real agenda.

Thus, the political process continues to falter between two wills, the old consociationalism or the replacement of the whole scene, turning the page of 20 years of reluctance and failure in managing a country that continues to be drowned in major problems and crises.  LINK

Ukraine Crises Acceleratees Economic Polarization- BRICS as a Model

KTFA:

Samson:  Ukraine crisis accelerates economic polarization... BRICS is a model

28th August, 2022

The international community is in a state of anticipation and waiting for the outcomes of the important developments it is witnessing, especially in the post-"Korna pandemic" and "Ukrainian crisis" phases.

An impression has been established since the outbreak of the Covid-19 virus less than three years ago that the conditions of this pandemic will generate a new phase in relations between countries and peoples, but as soon as the Ukrainian crisis erupted, six months ago, international interest in the pandemic declined. The question has become when and how will the Ukrainian crisis end, not when we will witness the end of the Corona pandemic?

Most experts talk about a new world order that will be born after many struggles experienced by the international community, whether in the economy, politics or security, each in his field of interest, but they point out that we are heading towards a new world order in which the rules of coexistence and relations will be different, whether they were in most decades of the millennium the second or in the first and second decades of the third millennium.

Much has been written about the political dimensions of this system, but it is useful to focus on the economic frameworks, which are the focus of attention of many countries, especially the countries of the “third” world. These political dimensions may constitute the new foundations on which the new world order is based, which is trying to build new bases of economic, political and security relations. We are talking about the Shanghai Economic Cooperation Organization; About the BRICS group; For the Association of Southeast Asian Nations “ASEAN” and others.

Perhaps the “BRICS” group constitutes the most promising framework that makes many mouth-watering countries under the domination of the dollar, the International Monetary Fund, economic sanctions, monopoly on science and technology, human ignorance and human arrogance.

“BRICS” is an abbreviation of the Latin BRICS initials that make up the names of the countries with the fastest economic growth in the world, namely; Brazil, Russia, India, China and South Africa. The first BRICS leaders' meeting was held in July 2008 on the Japanese island of Hokkaido, where the G8 Summit met. 

The BRICS summit was attended by Russian President Vladimir Putin, Chinese President Hu Jintao, Indian Prime Minister Manmohan Singh and Brazilian President Lula da Silva. 

The heads of these countries agreed to continue coordination in the most immediate global economic issues, including cooperation in the financial field and solving the food issue.. In 2009, the first summit between the heads of the four founding countries was held in Yekaterinburg, the fourth city of Russia, during which the announcement of the establishment of a “bipolar world order”. As soon as the country of South Africa joined the group in 2010, it became called "BRICS" instead of "BRIC" previously.

The area of ​​these countries constitutes a quarter of the land area, and their population is approximately 40% of the Earth's population.

 By the year 2050, the economies of these countries are expected to compete with the economies of the richest countries in the world, and it is expected that these countries will form an alliance or a political club among themselves in the future. 

This group has economic priorities.

Therefore, at the summit held in Russia in 2015, it discussed the BRICS payment system, where ministers and experts from the countries of the group began to discuss the alternative payment system to the “SWIFT” system controlled by the United States; To the development of payment systems and transfers in national currencies.

This strategy is, in fact, trying to stand up to the dominance of the dollar in international financial settlements in the interest of “a multilateral and multinational payment system that would provide greater independence.”

The BRICS countries are not included in a political alliance, but they coordinate with each other to influence basic trade agreements. They have the ability to form a strong economic bloc outside the framework of the Group of Seven (G7), because the BRICS countries are more developed in the economic field globally.

And this matter is supported by a number of strengths, including Brazil, the giant of Latin America, which is one of the most supplier countries of raw materials, Russia, the global exporter of potential energy and gas, and India, which exports information technology, while China has an advanced and developed production and demographic position, and finally South Africa, which is an important mining region globally. It has a very important global strategic position by overseeing the Indian Ocean and the Atlantic Ocean together, and these are, in short, the most prominent pillars of the “BRICS” countries.

The United States is considered one of the main opponents of this group and calls it a group of “corrupt countries”, but most economic analysts believe that this group, which was formed far from European countries and the United States, can constitute a very big challenge to the current world order.

At the last meeting of this group, which was held in China, Algeria was invited; Egypt; Indonesia; Kyrgyzstan; Senegal; Uzbekistan; Cambodia; Ethiopia; Fiji; Malaysia and Thailand while Pakistan failed to attend due to opposition from India. Iran has applied to join this group.

There is a belief that the Ukrainian crisis will push this group to speed up the economic coordination process due to its diversified economic and human potential in light of the economic problems that the economies of the entire world suffer from, especially Europe and America.

In short, our current world is being reshaped, and the post-Ukrainian crisis is not the same as it was before it. The economic component will be a determining element for the new world order that will be born on the ruins of unipolarity.  LINK

"Tidbits From TNT" Sunday 8-28-2022

TNT:

CandyKisses:  Al-Sadr's Minister presents his vision for the new Iraq

 The so-called "Minister of the Leader" who is close to the leader of the Sadrist movement Muqtada al-Sadr presented on Sunday his leader's vision about the new shape of Iraq.

“Come to a new #Iraq in which there is no subordination, no militias, no occupation, no terrorism, no corruption, no drugs, no loose weapons, and no tested parties,” the Minister of Commander said in a post on social media.

There is no tempter to be tried in it, no deep state in it, no sectarianism in it, no quotas in it, no crime in it, no violence, fighting in it, no clinging to power, no epidemic, no poverty, no unemployment, no high prices There is no smuggling in it, nor dryness in it, nor indecency in it.”

 He added, "There is a law that is enforced, brotherhood prevails, the citizen is honored, minorities are honored, an impartial judiciary, balanced relations with the outside, peace prevails, an army that protects, a people serve, a government that serves, loyalty to the homeland, and in it Clans fraternize, in which boundaries are preserved, in which dignity is not humiliated, in which women are protected

In which youth are helped and helped, in which religions are respected, in which beliefs are accepted, in which ideas are formulated, in which agriculture and industry flourish, in which construction continues, in which the currency and economy are stronger, and in which the budget is established. And in it obedience to God is loved, and in it disobedience to God is rejected, and in it loyalty to the homeland is required.”

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

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

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

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

He added, "This step also aims to help Iraqi companies find opportunities to work with their counterpart companies inside and outside the Kingdom of Saudi Arabia by providing financing and facilities that meet their needs and aspirations."

The Managing Director of the National Bank of Iraq, Ayman Abu Dhaim, confirmed that "the bank's conduct of its business in Saudi Arabia will contribute to increasing the volume of trade exchanges between Iraq and Saudi Arabia by building a network of banking relations with major institutions and companies operating in various economic sectors in the Kingdom of Saudi Arabia, which is expected to achieve more." of progress and growth based on its Vision 2030.” 

In turn, the CEO of the National Bank of Iraq / Saudi Branch, Zaid Abunayan, said, "The National Bank of Iraq, by providing all banking services and various banking facilities, will be able to cover the untapped sectors in the Saudi trade market, and the bank will have the opportunity to increase its market share in total commercial transactions. between Saudi Arabia and Iraq by providing services to strategic corporate clients and facilitating their commercial transactions.”

Abunayan added that "the National Bank of Iraq has started providing its banking services in the Saudi market, as bank accounts have been opened for a number of Saudi companies, which allows them to benefit from an integrated set of banking services provided by the Iraqi National Bank to its corporate clients, including receiving remittances. and documentary credits from Iraq, smoothly and quickly. ink

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CandyKisses:  Iraq Increases Currency and Gold Reserves

The Central Bank of Iraq (CBI) reportedly expects cash reserves to reach $90 billion by the end of this year, up from about $80 billion currently.

CBI Deputy Governor, Ammar Khalaf, told the Iraqi News Agency (INA) that the increase is a result of higher oil prices.

He added that gold reserves have increased by about 30 tons, to more than 131 tons.

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

Tishwash:  Report: Iraq is a "runaway train" and its democracy is being tested

The American newspaper, "The Christian Science Monitor" quoted experts and analysts as saying that the emerging democracy in Iraq is being tested in light of the political crises it is currently witnessing, but the state is extremely weak and has not collapsed, as it is like a "loose train" without a leader. 

The American newspaper considered that the current political crisis reveals the fragility of the country in the face of the whims of one disaffected and unelected player like Muqtada al-Sadr.

He reviewed the American report, which was translated by Shafak News Agency; The developments of the recent Iraqi events, since the results of the elections and attempts to form a government and the clash between the Sadrist movement and the forces of the coordination framework, then the resignation of the Sadrist parliament, the attack on the parliament building, sit-ins, and an attempt to storm the judiciary headquarters in the Green Zone. 

The report quoted a political analyst and a former government official, who asked not to be named, that "what we are witnessing now is that the emerging democratic institutions in Iraq are being tested, in their limits and their ability to withstand these shocks." 

And after the same source indicated that al-Sadr "does not like to play by the rules," he clarified that "our parliament does not exist because the Sadrists obstruct it, and our judiciary decided to close because of the Sadrists' attempt to break in, and we have an interim transitional government whose mandate in the executive authority has expired." 

"The three branches of the government are either paralyzed or they lack any authority at all," the analyst explained. This is the weakest that a country can reach without collapsing. We are in uncharted territory." 

The report considered; The institutional controls succeeded to some degree, to prevent al-Sadr from completely dismantling the fledgling democracy in Iraq, as the regime served as a political adhesive to the various sectarian branches existing in Iraq, despite the spread of corruption, apparent dysfunction and long periods of stagnation. 

The report quoted a researcher at the American "Atlantic Council" Institute, Abbas Kazem, as saying that there was a "lack of strategy" in al-Sadr's decision to withdraw his deputies from parliament, adding that putting pressure on the judiciary as a way to reach new elections constitutes a "lost battle for them." The judiciary cannot legally dissolve Parliament.

Kazem explained that the Sadrists "handed over their seats to their rivals, and completely eliminated themselves from any political participation in the government, and if they had relied on any of the advisors, they would have told them: You are committing suicide politically." 

Kazem continued, "Now that they are out, they want to return," adding that "there is no political bloc that can afford to stay outside the government for 3 and a half or 4 years. They have turned Iraq into a lonely train at the present time, and it is without a parliament and no judicial authority, And there is a caretaker government that has cut off the powers to a large extent.”

The report drew; He pointed out that the current protests differ from the popular demonstrations that took place in 2019, as the current power game is being played by following al-Sadr in the street, adding that it is unclear whether the new elections, which will take at least a year to organize, require new funding, It will be sufficient to fulfill the expectations that al-Sadr put forward among his supporters about the "revolution". 

Hamza Haddad, a researcher at the European Council on Foreign Relations, explained that what al-Sadr did was to go to the Green Zone and occupy Parliament, recalling that al-Sadr blazed such a paper for the first time in 2016, after his supporters stormed parliament and imposed a broad cabinet reshuffle that some ministers entered technocrats in. 

Despite this, the demand for organizing new elections, even if they are achieved, raises concerns about Iraqi democracy.

The report quoted an analyst in Baghdad as saying, "It is one of the system's flaws... Yes, we hold elections and we have someone to represent us in parliament, but what is the use of that as long as they receive their orders from the leaders of their political parties?" 

Haddad said that "the issue will be the promotion of democracy in Iraq, which will progress in the long run," adding that "the early elections can be a major obstacle, and in the eyes of the people, it lacks legitimacy.   link

KaseyKo1:  Jenin Plasschaert, part of the UN envoy, "is seeking to enable the coordination framework and the Sadrist movement to hold a national meeting to reach a solution, noting at the same time the need for the two parties to "make mutual concessions." She believes this will bear fruit in the near future, explaining that the political parties are waiting for the end of the Arbaeen visit ceremony.

KaseyKo1 Well, we'll see what happens soon enough with Sadr stating he is ready, within a maximum period of (72) hours, to sign an agreement.

Speedy:  UN Envoy pushing meeting between the Framework and Sadr, Sadr already said He won’t do it !!! Some of theses people are retarded.

NetGlobal:  I think without the UN intervention, Iraq is headed for a civil war and soon. I  think Sadr recognizes that the court is owned by Makili and they won’t decide to dissolve parliament so Sadr is resigned to a civil war.

Speedy:  You can’t negotiate with evil !!!

KaseyKo1: Hang on, here we go! Al-Maliki's coalition responds to "Minister Al-Sadr": a condition that cannot be implemented

KaseyKo1: Sadr's latest tweet. It's a doozy. He's wanting a signed agreement from the various coalition parties (basically Maliki's allies) stating they will not participate in the elections, etc. To be done within 72 hrs.

KaseyKo1:  Maliki's people are refusing to sign this. The UN is just needing to go ahead & jump in & deal with this issue themselves. I'm not seeing how Iraq's going to be able to accomplish any change on their own at this point. They are so not wanting to do any comprising with each other.

CharlieOK: Kasey: That has been the problem all along. Too many tribal/religious divisions for centuries. The unity thing for Iraq is a joke. What is even more maddening is that you then have to throw a foreign country in the mix (Iran) to understand what is going on.

Speedy: Other than all this drama with the Govt. Of Iraq, everything else We are looking at points to an RV soon in my opinion.

RVAlready:  The corrupt are going to have to back down. Otherwise, what will happen in Iraq will resemble the French Revolution.

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

Mot: ... Yeppers! - Strong Awareness into that Marital Thingy! ~~~

Mot: . More insight into that Marital Thingy! - Bee Careful out there Guys! ~

Iraqi News Saturday Evening 8-27-22

Iraqi News Saturday Evening 8-27-22

Tlm724 Administrator Bondlady’s Corner

Al-Sadr Announces His Readiness To Sign An Agreement: No Participation For All Political Blocs In The Elections

Political | 03:52 - 27/08/2022    Baghdad - Mawazine News, the head of the Sadrist movement, Muqtada al-Sadr, called for the signing of an agreement to resolve the political crisis, ensuring that all political blocs, including the movement, would not participate.  Salih Muhammad al-Iraqi, nicknamed the Minister of al-Sadr, quoted the latter as saying: “

In the name of God, there is something more important than dissolving parliament and holding early elections. The most important thing is: the non-participation of all the parties and personalities that participated in the political process since the American occupation in 2003 to this day... in all its details. Leaders, ministers, officials, and special ranks affiliated with the parties, absolutely..including the Sadrist movement..I say this with full mouth.

This is in exchange for all the initiatives that some, including the United Nations , are seeking.Thank you. I am ready and within a maximum period of 72 hours to sign an agreement That includes it now.

It is not to be said that this is achieved after the upcoming elections, nor is it to be achieved in a bloody manner.

If this is not achieved, then there is no room for reform.. Therefore, there is no need for me to interfere with what is happening in the future, not by tweeting or by anything else.

On his authority, Saleh Muhammad al-Iraqi. https://www.mawazin.net/Details.aspx?jimare=203630

The President of the Republic: The political movement and its multiple paths should not turn into a dispute

Today, Saturday, the President of the Republic, Dr. Barham Salih, affirmed that the country is going through a delicate and sensitive circumstance and serious challenges.

Saleh said, during the Islamic Conference to Resist Violence against Women: "The country is going through a delicate and sensitive circumstance and grave challenges," stressing that "the current political stumbling is unacceptable."

He added: "The option of dialogue must be won, regardless of the degree of crisis and disagreement," warning that "the political movement and its multiplicity of paths must not turn into a dispute that threatens the integrity of the national project in building the state and completing its institutions."

He continued, "It is necessary to reform and address the existing deficiencies in order to reach radical solutions that would enable the Iraqis to build a real state that protects and serves the interests of all Iraqis."

He stressed "the necessity of victory for the dialogue option, whatever the degree of crisis and disagreement, instead of escalation, clashing and strife - God forbid - since everyone is a loser in it."

He added, "We have a lot to do, and at the forefront is the fight against corruption, the establishment of justice, equality and equal opportunities, and the reform of institutions in order to immunize our country and our people from the dangers around us in the world from terrorism, corruption and severe economic fluctuations." https://www.radionawa.com/all-detail.aspx?jimare=30892

Al-Kazemi And Al-Halbousi Invite To Sit At The National Dialogue Table

Today, Saturday, Prime Minister Mustafa Al-Kazemi confirmed that the key to the solution is to all sit at the national dialogue table, noting that the national dialogue initiative is the right way to solve the crisis.

"Today, we are going through a political crisis that threatens the security achievement," Al-Kazemi said during the Islamic Conference to Combat Violence against Women, stressing that "everyone bears the responsibility to find solutions to the crisis."

He added that "the political crises in Iraq are unreasonable to remain without solutions," calling on everyone to "make concessions."

He stressed that "the key to the solution is to all sit at the national dialogue table."

He continued, "Trust must be restored between the brothers and the deep bonds that unite us," stressing that "the national dialogue initiative is the right way to resolve the crisis."

He continued: "Today, the country still has a great opportunity to achieve economic booms," adding: "We have overcome an economic crisis and provided salaries to employees."

Parliament Speaker Muhammad al-Halbousi also stressed the need to sit at the dialogue table and proceed with early elections.

"I call on the political forces to sit down for a dialogue table that will find solutions to the political crisis," Al-Halbousi said during the Islamic Conference to Combat Violence against Women, reiterating his "support for the national dialogue initiative."

He added, "The country's situation cannot continue in this situation, and what we have reached today represents a regression from what we were on," noting that "the end of this year the government cannot spend any money without a budget."    https://www.radionawa.com/all-detail.aspx?jimare=30893

Economist: Parliament Should Launch Investment Financing With A Vote To Dissolve It

Posted On2022-08-27 By Sotaliraq    Economic expert Safwan Qusay confirmed, on Friday, that the political crisis has greatly affected the economic situation in Iraq, especially after disrupting the passage of the general budget for 2022, which led to the suspension of financing investment projects despite Iraq's urgent need for it.

Qusay explained: “The continuation of the political conflict, the dissolution of the House of Representatives, and going to new elections means that we will go to 2023 without an investment budget, and when projects are left for a long time, the implementers will withdraw, and consequently we will incur double losses as a result of that withdrawal.” Avoid it through the following method, which is that Parliament should think about finding a legal tool that accompanies the process of dissolving it so that the current government or others can continue to spend investment and this can be settled through Parliament’s vote to establish self-financing funds that can finance these projects.  LINK

Transparency And Financial Disclosure Is A Strategic Approach For The Central Bank Of Iraq

Samir Al-Nusairi   Economic and banking consultant    Central banks in the countries of the world (they are stability banks) mainly aim to achieve economic stability by achieving stability in the monetary system and the financial system in accordance with their programs and strategies that aim to maintain stability in the macro economy through the applications of monetary policy tools.

Therefore, the Central Bank of Iraq works By achieving its objectives contained in Law 56 of 2004, most notably building sufficient foreign reserves in accordance with special international standards issued by the International Monetary Fund, facing crises, challenges, economic and political shocks, controlling stable rates of inflation rates, interest rates, the general level of prices and stability in the exchange rate, managing money supply, and applying regulations and rules Compliance and Anti-Money Laundering and Terrorist Financing.

The Central Bank’s march has proven that it is following a steady and strategic approach that depends on transparency and disclosure of financial data and dealing with international financial organizations and institutions, based on the keenness to restore confidence in international banking transactions, which Iraq has suffered due to reputational risks and negative media impact towards damage to the Iraqi economy and leakage of inaccurate data and information. and fabricated .

Which led the Central Bank’s management to draw up its strategies, and one of its main and subsidiary objectives was to adopt transparency and disclosure locally and internationally about the march of results achieved for the financial and banking sector, and to adhere to the international standard standards applied by sober international banks, which led to the creation of a new and balanced relationship with banks.

The international banking institutions are based on confidence in the financial statements presented and announced by the Central Bank .

For example, the Central Bank announced last week, with high transparency and disclosure, a detailed report on the overall financial and economic indicators of Iraq as the financial advisor to the government. Total revenues amounted to 109 trillion dinars in 2021, compared to 119 trillion dinars in 2012 , and exports rose to 102 trillion dinars in 2021 and the public debt rose From 6.5 trillion dinars to 69.9 trillion dinars, imports decreased from 50 billion dollars to 34 billion dollars in 2021, and exports decreased from 96 billion dollars to 73 billion dollars .

And the number of banks with significant growth rates during 10 years, and what confirmed the transparency of the report is the issuance of the International Monetary Fund report for the month of August 2022, which strengthened the data contained in the report issued by the Central Bank .

Also, the Central Bank announces daily and with a comprehensive disclosure of its daily sales of dollars in the foreign currency sale window, according to the classification of each bank and with special criteria for that. International accounting standards that ensure the transparency of financial statements .

From all of this, we note that the Central Bank, with this strategy and with this approach, announces to local and international public opinion the following:

1. The statements issued by it and the Iraqi banking sector confirm the transparency and disclosure of the Central Bank of Iraq by announcing approved and transparent reports of total foreign currency revenues and total foreign currency expenditures for the government in accordance with the approved exchange chapters.

2. The data contained in his daily reports on his official website refutes all media statements made by non-specialists in the various media, especially with regard to the foreign currency sale window. In foreign currency with the required accuracy, it will greatly help to enhance confidence in our national economy and the Iraqi banking sector locally and internationally, because disclosure, transparency and credibility will raise the percentage of financial inclusion and Iraq's reputation internationally .

25 . views   Added 08/27/2022 - 1:50 PM   Update 08/27/2022 - 5:30 PM

https://economy-news.net/content.php?id=29476

Parliamentary Finance: One Segment Will Be Affected By The Absence Of The Budget

Money and business   Economy News – Baghdad   On Saturday, the Parliamentary Finance Committee identified the only segment affected by the absence of approving the budget law.

Committee member Jamal Cougar said, "The only segment that will be affected by the absence of the budget law are contract employees who are waiting to be confirmed once the budget is approved, and that the rest of the segments will not be affected."

Cougar added, in a statement to "Mawazine News" and followed by "Al-Iqtisad News", that "these are the only ones who will wait for the law to be passed, as for others whose salaries are fixed employees and contractors, there is no fear for them." provided by the budget law.

17 . views  Added 08/27/2022 - 4:41 PM   Update 08/27/2022 - 6:25 PM

https://economy-news.net/content.php?id=29478

Oil Prices Are Rising In Global Markets

Economie| 09:31 - 27/08/2022   Follow-up - Mawazine News   : Oil prices rose, at the end of trading week, supported by indications from Saudi Arabia that OPEC may reduce production, but trading was volatile with investors assimilated and ultimately ignoring the warnings of the President of the US Federal Reserve against facing some economic suffering.

Brent crude futures rose $1.65 to settle at $100.99 a barrel. US West Texas Intermediate crude futures rose 54 cents to settle at $93.06 a barrel.

Overall, Brent crude rose 4.4 percent during the week, while WTI rose 2.9 percent. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=203583

With A Difference Of 100 Dinars .. The Exchange Rates Of The Dollar In The Local Markets

Economie| 11:51 - 27/08/2022    Baghdad - Mawazine News   The dollar exchange rates witnessed, today, Saturday, stability in the Iraqi Stock Exchange. Selling price: 148000 dinars per $100   purchase price: 147,900 dinars per $100   https://www.mawazin.net/Details.aspx?jimare=203598

The Ministerial Council Approves The Extension Of The Work Of (UNITAD) In Iraq

Political | 04:25 - 27/08/2022  Baghdad - Mawazine News, today, Saturday, the Prime Minister, Commander in Chief of the Armed Forces, Mustafa Al-Kazemi chaired a meeting of the Ministerial Council for National Security.

A statement by Al-Kazemi's office, which Mawazine News received a copy of, stated that "the developments in the security situation in the country were discussed, and a number of important security files were discussed."

At the beginning of the meeting, Al-Kazemi praised "the efforts of the armed forces as they continue their operations in pursuit of the remnants of ISIS terrorist gangs, and their ability to kill a number of terrorist leaders in qualitative operations, and to destroy many terrorist dens."

The Commander-in-Chief of the Armed Forces stressed the "necessity to redouble the security effort in combating organized crime and prosecuting drug gangs."

He directed all security services to "coordinate and integrate in the implementation of security plans, in a way that contributes to spreading stability and strengthening the elements of social security in its various forms."

The Ministerial Council for National Security discussed the files and topics on the agenda, and issued decisions, recommendations and directives on them, and the Council agreed to extend the work of the mission of the United Nations team to investigate the crimes of the terrorist organization ISIS (UNITAD). End https://www.mawazin.net/Details.aspx?jimare=203635

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

https://www.bondladyscorner.com/

Saturday Afternoon Iraq Economic News Highlights 8-27-22

Saturday Afternoon Iraq Economic News Highlights 8-27-22

Iraqi Parliament Speaker: We Have 80 Trillion Dinars Idle Financial Surplus

2022-08-27 05:15   Shafaq News/ The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, warned of upcoming economic crises that Iraq will face if the political crisis continues in the country and the constitutional institutions are disrupted.

Al-Halbousi and during his participation in a feminist celebration in Baghdad; He stressed that there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget.

Al-Halbousi added; The Financial Management Law, which will continue to manage the country’s financial affairs in an emergency, in the event that the budget for the year 2023 is not approved, will not allow any additional financial spending, which will put the country in front of major economic crises in the year 2022.   LINK

A New Speech From The Chairman Of The Service Council Regarding Job Grades In The Food Security Law

Money  and business  Economy News – Baghdad  Today, Thursday, the Federal Public Service Council confirmed communication with the concerned authorities regarding the degrees mentioned in the emergency support law.

A statement by the council stated, "The Chairman of the Federal Public Service Council, Mahmoud Al-Tamimi, received a number of representatives of graduates of Iraqi universities in various specializations, accompanied by members of the House of Representatives, in the presence of Representative Samia Al-Ghallab and Representative Sana Al-Lahibi."

And he indicated that, "the file of appointing those covered by Laws 67 and 59, the file of contracts, lecturers and graduates of veterinary medicine, and the possibility of implementing what was stated in the recommendations of the Diwani Order Committee 35, were discussed, as well as a discussion of the job intersection file and the speed of its completion before launching the electronic form."

Al-Tamimi confirmed, according to the statement, that "the Council, in cooperation with the Finance and the Audit Bureau, is in continuous contact with other government agencies to expedite the process of intersection of names and the creation of job grades to implement what is stated in the Food Security Law," noting that "the federal service is in the process of preparing all procedures and requirements before the expiry of the time period." specified for the creation of grades and provided by the Finance.

67 . views   Added 08/25/2022 - 8:54 PM   Update 08/27/2022 - 1:01 PM

https://economy-news.net/content.php?id=29474

Bp Data Monitors The Iraqi Per Capita Consumption Of Electrical Energy 

2022-08-27 05:18   Shafaq News/ The data and statistics of the British company BP monitored that the average Iraqi per capita consumption of energy amounted to more than 51 gigawatts during 2021.

The statistics, seen by Shafaq News Agency, showed that the Iraqi per capita consumption of energy reached an average of 51.6 gigawatts during 2021, up from an average of 49.4 gigawatts in 2020, indicating that the highest consumption per capita in Iraq was in 2018, where it reached an average of 59.6 gigawatts. Watts.

She added that the growth rate in energy consumption in Iraq rose to 1.2% between 2011 and 2021.

She pointed out that Iraq was the least energy consuming Arab Gulf country, where the Qatari individual came first and also first globally, with a consumption rate of 686 gigajoules, followed by the Emirati individual at a rate of 487 gigajoules, then the Kuwaiti individual at a rate of 402 gigajoules, and then the Omani at a rate of 329 gigajoules. Joules, and then Saudi Arabia at a rate of 303 gigajoules.

Each gigajoule equals one million megajoules

Each megajoule is equal to 0.28 kilowatt-hours LINK

The Reality Of The Sino-Iraqi Agreement

Baghdad/The Obelisk:  Hassanein Ali Al Saadi    Some Iraqi satellite television channels affiliated with certain parties and some social media publish from time to time that there is an (Iraqi-Chinese agreement) for joint cooperation signed by the former Prime Minister, Mr. objective and rational according to the following points:

First

if there was actually an Iraqi-Chinese agreement between the two countries, it would have been published in the Chinese and Western media before the Iraqi one, because such agreements for joint economic cooperation are not secret. Therefore, we have not seen today any media outlet that published anything about the details of the agreement or its provisions.

Secondly

if there was an Iraqi-Chinese agreement signed by Mr. Adel Abdul-Mahdi in the name of the Republic of Iraq, it would be obligatory for Mr. Al-Kazemi and his government to implement it as it was signed by an Iraqi government and not a personality belonging to the name of the former Iraqi Prime Minister.

Third

if there was an actual real agreement, the Chinese companies would start implementing their projects after the agreement entered into force in order to gain time and take their due from the money or Iraqi crude oil. It does not care about the name of the country or the people of the government.

Fourth

If there was an Iraqi-Chinese agreement signed in 2019 and it was obstructed by President Al-Kazemi after receiving the ruling, as they claim, we would have found Chinese companies filing judicial complaints with all judicial and international authorities, and they would demand compensation and millions of dollars because signing any joint international agreement requires setting penalties, fines and harsh conditions on the party Withdrawing and violating the contract, as in all contracts signed in the world.

The pretexts and justifications mentioned by the claimant of the existence of the Sino-Iraqi agreement in the time of Adel Abdul-Mahdi that the agreement is real and was signed, but America prevents its implementation so that China does not benefit as a political opponent of America.

The answer to such justification, everyone knows that America after World War II imposed itself as the first global pole and after Its victory over the communist camp and the collapse of the Soviet Union became the only pole in the world and it is in control and imposed its control as responsible for the security of the countries of the world. Therefore, no economic agreements are made between countries except by paying a financial percentage of the agreement or the contract under the pretext of its control over the security of the countries of the world.

Therefore, if there was an Iraqi-Chinese agreement concluded It is true that China was able to give a percentage and part of the contract to America and manage the implementation of this agreement. The evidence is that the Chinese company (Petrochai) works as an investment oil company in the Iraqi oil fields (Maysan and Wasit), with America giving a percentage of the contract for providing the security of the Chinese company.

We also do not forget that the American occupation army in Iraq since 2003 has contracted with Chinese companies only to finance its soldiers with all the logistical needs that the American soldier needs from important and necessary requirements, in addition to the Chinese investment companies operating in the same European and American countries in exchange for contracts to provide security for these companies before America.

Knowing that Iraq and Al-Kazemi’s government in 2021 contracted with China to build 1,000 schools in 2022 and 3,000 model schools in 2023, and this agreement (building integrated model schools with an area of​​acres in exchange for Iraqi crude oil to be paid in installments) and the Supreme Committee formed by Al-Kazemi to supervise On this file, it is composed of members belonging to the Secretariat of the Council of Ministers, the Ministry of Planning and Finance, the education directorates in all of Iraq, the Baghdad Municipality, the Baghdad governorate, and representatives of the governors in all the governorates, under the supervision of members of the Parliamentary Education Committee.

So, unfortunately, the lie of the alleged Chinese-Iraqi agreement is a media game from which the personalities of the framework parties want to market it in the media to make their government in the era of Adel Abdul Mahdi an angelic service government in exchange for their fight against Al-Kazemi’s government, although both governments (twins in corruption and failure with one difference is the bloody security apparatus of Abdul-Mahdi’s government against The peaceful October demonstrators and the peaceful and professional Al-Kazemi security services against the peaceful demonstrators of the Ashura Revolution).

Therefore, we hope that corrupt politicians will stop marketing lies and media bubbles, as playing with the minds of simple Iraqis is no longer useful to polish your black image.

https://almasalah.com/archives/13696

Parliamentary Finance: Contracts employees are the only group affected by the lack of budget approval[/size]

Economie   12:59 - 08-27-2022   The Parliamentary Finance Committee identified, on Saturday, the only segment affected by the failure to pass the 2022 financial budget law.

A member of the Parliamentary Finance Committee, Jamal Cougar, said, “The only segment that will be affected by the absence of the budget law are the contract employees who are waiting to be confirmed if the budget is approved, and that the rest of the segments will be affected by the absence of the budget law.” You won't be harmed."

He continued, "These alone will wait for the law to be passed, as for others whose salaries are fixed employees and contractors, there is no fear for them," noting that installing any contractor on the state's owners needs a legal cover provided by the budget law.         https://kirkuktv.net/AR/Details/8445

Eight Oil Tankers Reach The Berths Of Khor Al Zubair Specialized Port

Khor Al Zubair Specialized Port received (8) oil tankers regularly docked at the port's berths.

The director of Khor Al Zubair specialized port, Haider Fakher Nasser, said that the best port services were provided to the oil tankers that filled the port.

He added that the port received the tanker Jag Lokesh docked on berth No. 2 with a load of gas oil, the tanker Lian Yang Hu docked on berth No. 3 with a load of gasoline, and the tanker Baghdad docked on berth No. 5, which will be loaded with fuel oil, and the tanker S j Dana docked on berth No. 7 with a cargo of material pieps, Front Cougar docked at Berth No. 9, will be loaded with naphtha, Vaughan, docked at Berth No. 9, will carry fuel oil, Tanker Regina, docked at Berth No. 10, with a load of petrol, and tanker Camilla, docked at Berth No. 11, will carry fuel oil.    https://n.annabaa.org/iraq/79224

With A Difference Of 100 Dinars .. The Exchange Rates Of The Dollar In The Local Markets

Economie| 11:51 - 27/08/2022    Baghdad - Mawazine News   The dollar exchange rates witnessed, today, Saturday, stability in the Iraqi Stock Exchange.   Selling price: 148000 dinars per $100   purchase price: 147,900 dinars per $100    https://www.mawazin.net/Details.aspx?jimare=203598

Public Traffic: We are not responsible for the tiling.. the collection money goes to the Ministry of Finance

Iraq   11:52 - 2022-08-27   Today, Saturday, the General Traffic Directorate confirmed that it is not responsible for paving, covering and furnishing internal and external streets, but rather traffic signs.

A traffic statement stated, "The Traffic Directorate's main work is to regulate traffic in all squares, intersections and main streets, organize the process of registering vehicles of all kinds, and issue and grant driving licenses in accordance with Traffic Law No. (8) of 2019".

He added that "coordination with the relevant authorities related to its work with our directorate, which is (Baghdad Municipality, Roads and Bridges, Ministry of Transport and Baghdad Governorate)," noting that "the directorate is not responsible for paving, cladding and furnishing internal and external streets, but traffic signs and traffic lights."

 He continued, "This work is at the heart of the work of the Municipality of Baghdad, the provincial municipalities, and the Roads and Bridges Department of the Ministry of Housing and Construction, and this is not a shirk from responsibility, but it is a clarification for the Iraqi citizen."

 He pointed out that "roads and bridges collection fees are collected in the Traffic Directorate, but go to the Ministry of Finance (the public treasury), and the Ministry of Finance is responsible for distributing all the revenues it receives from all government departments."

He pointed out that "developing the traffic system and working according to technology, development and modernity, this is the matter of the Traffic Directorate, and work is underway on many steps, including archiving the fines that were previously scattered electronically, issuing the recognized international driving licence, translated into 10 languages, and introducing the electronic check system or the so-called vibrator."

And he indicated that "the traffic has opened 10 sites so far to register vehicles, transfer ownership and issue driving licenses to absorb the momentum in the province of Baghdad, as well as regulate traffic and traffic during official occasions, holidays and religious occasions."

The directorate called on "citizens to be aware of the work carried out by the Traffic Directorate and to assist it in respecting and implementing the traffic law."    https://kirkuktv.net/AR/Details/8441

Saturday Afternoon Iraq Parliament News Highlights 8-27-2

Saturday Afternoon Iraq Parliament News Highlights 8-27-22

The Washington Institute: Al-Sadr And Al-Maliki Are Competing For Leadership Of Iraq's Shiites.[/Size]

Baghdad / Obelisk: A US report published by the Washington Institute stressed that letting the emerging democracy in Baghdad manage its affairs on its own has become a great risk.

The report, prepared by the director of the Arab Politics Program at the Washington Institute for Near East Policy, David Schenker, confirmed that the approach adopted by the Biden administration later, which is based on non-interference in the process of government formation, has strengthened Iran's influence.

"For some unclear reason, it appears that Iraq - where the United States has fought two major wars in recent decades - is no longer a priority for Washington, but it is a priority for Tehran," the report added.

The obelisk publishes the report according to:

In light of Tehran's relentless efforts to reverse the effects of the setback it suffered in last year's elections, letting the emerging democracy in Baghdad manage its own affairs has become a huge risk.

About six weeks ago, US President Joe Biden boasted during an interview with The Washington Post that the Middle East had become "more stable and safer" than it was when he took power from his predecessor, Donald Trump. Among the examples he cited was Iraq, where the number of missile attacks against US soldiers and diplomats declined.

While he is right in terms of the decrease in the number of attacks targeting Americans, this measure alone is not sufficient to support his claim to the stability of the region. By almost all other measures, Iraq is less stable today than it was in January 2021—and threats to American interests there have only intensified.

It is a remarkable turn of events. Just 10 months ago, Iraq did not seem ready to form a government. Today, Iran's political allies in Iraq have the upper hand, the country's fragile democracy is more threatened than ever, and for the first time in a decade, the potential for violence even among Shiite groups is emerging.

But the situation could have been different. Muqtada al-Sadr was the biggest winner in the parliamentary elections that took place last October, and he is a cleric who called during his election campaign to build a [free] Iraq that is not dominated by neither Washington nor Tehran. Al-Sadr's coalition won the majority of the 329 seats in the House of Representatives.

The chest is not a panacea. In the aftermath of the US invasion of Iraq in 2003, the "Mahdi Army" founded by Al-Sadr became one of the fiercest opponents of the US presence in Iraq, and the cleric was almost killed by US forces. However, al-Sadr has recently shown himself as a nationalist and a corruption fighter, criticizing the military activities carried out by the Popular Mobilization Forces in Iraq against American diplomats and soldiers.

To be sure, we do not know whether a cleric with fickle attitudes will eventually choose a religious system when he comes to power. At least in the aftermath of the elections, al-Sadr was ready to form a government coalition with a majority Shiites, including Sunnis and Kurds.

The report says that al-Sadr and al-Maliki have been competing for leadership of the Shiite community in Iraq since at least 2008, when government forces led by al-Maliki attacked the "Mahdi Army" that al-Sadr had established and defeated it in the "Battle of Basra."

Given this history of hostility, al-Sadr responded to the designation of the “coordinating framework” on July 25 for Maliki’s ally Muhammad Shia al-Sudani for the position of prime minister by instructing his supporters to occupy the House of Representatives and prevent voting to elect a prime minister, which they did as required. It seemed as if al-Sadr had followed in the footsteps of the rebels who stormed Congress on January 6, 2021 in Washington.

Today, the Sadrists are no longer in the House of Representatives, but they are still present in the “international zone” (the “Green Zone”) across from the House of Representatives, to prevent the election of Al-Sudani. On the other hand, al-Sadr calls for the dissolution of parliament and the holding of early elections under an amended electoral law—demands opposed by the Coordination Framework.

As the stalemate continues, tensions are rising among Iraq's Shiites. Regardless of how to get out of this stalemate, Iran's influence in Baghdad is likely to increase, discouraging Iraqi voters who voted overwhelmingly for change last October.      https://almasalah.com/archives/13547

Al-Halbousi: The Government Will Not Be Able To Spend At The End Of The Year Until The End Of The Fiscal Year

Policy   2022-08-27 | 04:14  2,652 views    Alsumaria News – Politics    Parliament Speaker Muhammad al-Halbousi called on Saturday the political forces to sit at the dialogue table and solve the current political crisis, while stressing that the current government will not be able to spend at the end of this year.

Al-Halbousi said in his speech during  Islamic Conference to combat violence against women”

Alsumaria news   "We renew our support for the national dialogue initiative to bring together the parties in order to address the crisis," stressing "all parties must take a serious stand regarding the disruption of constitutional and legislative institutions."

He added, "At the end of this year, the current government will not be spending on any side until the end of the fiscal year," noting that "the constitution does not allow any party to disrupt state institutions, although it guarantees peaceful protest and political activities."

Al-Halbousi stated, "The country's situation cannot continue in this state, and what we have reached today represents a regression from what we were before."     LINK

Al-Kazemi: We Are Going Through A Political Crisis That Threatens The Security Achievement, And Everyone Must Make Concessions

Policy  2022-08-27 | 04:02   Source:   Alsumaria news   1,785 views   And the caretaker prime minister stated, "The current government has done a lot to develop solutions to the many crises that Iraq has gone through, and today the National Dialogue Initiative presents what concerns us the security and safety of Iraqis."   LINK

The President Of The Republic: Political Stumbling Is Unacceptable, And Iraqis Will Not Allow Violence As A Solution To Their Problems

Policy   2022-08-27 | 03:54    Source:  Alsumaria news   1,632 views    Alsumaria News – Politics   The President of the Republic, Barham Salih, demanded, on Saturday, the political forces to end the political crisis and to resort to reason and the constitution to end the blockage, indicating that the challenges facing Iraq and the region necessitate that everyone align to end the crisis.

"Strengthening efforts to combat violence against women is a national task, and the security services must be supported in combating the phenomenon of human trafficking," Saleh said in his speech during the "Islamic Conference to Combat Violence against Women," which was followed by Alsumaria News.

He added that "the country is going through a delicate and sensitive circumstance and serious challenges, and the current political stumbling in the completion of the national constitutional entitlements after ten months of holding the elections is unacceptable."

He continued, "The dialogue option must be won, regardless of the degree of crisis and disagreement. There must be reform and addressing the existing imbalances in order to reach radical solutions that enable the Iraqis to build a real state that protects and serves the interests of all Iraqis," noting that "the political movement and the multiplicity of its tracks must not turn into A dispute threatens the integrity of the national project.”

And Saleh, that "political stumbling is unacceptable and Iraqis will not allow violence as a solution to their problems."    LINK

Addressing A Message To Al-Sadr.. Al-Hakim: Raising The Ceiling Of Political Demands Is Not A Solution

Policy 2022-08-27 | 03:38  Source:  Alsumaria news  13,923 views  Al-Hakim explained, "The mobilization of all social and political energies, their investment, and the unification of their compass represents the best solution for what we are going through. Iraq He pointed out that "the presence of everyone does not mean everyone's participation in government and executive work on the basis of quotas and negative consensus, but rather it means the effectiveness of everyone in decision-making, supporting achievements and successes, and providing constructive recommendations and proposals with which the state strengthens and the government succeeds in serving the citizens and their interests."

And he stated, "We have previously stated, and we affirm today once again that we are not participating in the next government booth, not out of an escape from responsibility, but out of a way to allow the prime minister to choose his successful and harmonious team.

The mistake is out of concern and constructive criticism away from weakening the state and its institutions, which is what we have always done in strengthening the state and its institutions.

He stated, "We affirm our call to all parties to give priority to the supreme national interest through cooperation and constructive dialogue, leaving emotions and accusations aside. We must all respect the opinion and the other opinion, and not be ashamed of any national energy that can participate in decision-making and present the best visions and projects, and it is not shameful to disagree."

In ideas and visions, but it is shameful that we do not find a solution to our problems and do not identify the common points of convergence that unite us in building the nation, safeguarding its interests, and strengthening the state.

He stressed that "many of the national projects proposed in our arena, which aim to develop the system, modify paths and correct mistakes, are true projects that we adopt and believe in their necessity, and we share with others from the benevolent forces to move them forward, and we have put forward many of them in the past decade."

The head of the Wisdom Movement said, "We still believe in the importance of achieving a new social and political contract that is more sober, developed and unanimous, and we still call for reviewing and developing many constitutional provisions that experience has proven to be incomplete or impractical.

We believe in the necessity of national alliances that cross sectarian and nationalism, and we stress the necessity of Overcoming negative quotas through the duality of (active majority and constructive opposition), and we also adopt the necessity of fair and balanced representation of social components and the management of diversity in our country.

He continued, "All these projects and others we have put forward and looked into, and we have taken the initiative to approach all parties with them previously, and we reiterate our position on the necessity of proceeding with them according to the following foundations:

First: Safe and logical progression.

We believe that major projects under democratic regimes need a tripartite maturation, consensus and codification, and it is not possible to rush and unilaterally proceed with them and bypass legal frameworks in imposing or passing them.

Large projects such as constitutional amendments, sensitive laws, and national strategies require the active participation of all social components and academic, cultural and youth elites to move them forward in a stable, non-active environment. They are not limited to parliamentary and political presence only, but are national issues that require real participation from all.

Second: Dialogue and Understanding:

The process of correction and change in democratic systems is based on effective dialogues and openness to opinion and the other opinion. As for imposing wills, exchanging accusations, and cutting bridges of dialogue, they are impenetrable dams against any positive and secure political and social transformation in the country.

Third: The right timings:

The safe democratic transition needs a sound environment and correct timings. What is required is to move to a more stable, strong and prosperous stage, not to impose on the state and society immediate and passive projects that will bring us out of a deep crisis to deeper and more complex crises.

We are in dire need of calming souls before amending texts, filtering intentions before settling accounts, accepting the other instead of omitting or ignoring it, and sharing and cooperating instead of dissonance and intersection.

Fourth: Mutual trust:

The lack of trust, suspicion of others, monopolizing the right to change, and ignoring others represent shocking and disruptive obstacles to any positive transformation in the country.

Al-Hakim called on "all parties, partners and brothers, whose sincerity, patriotism and good intentions I do not doubt, to give priority to the interest of the country, to shake hands with love and brotherhood, and to rely on each other to overcome the current crises together towards a secure and prosperous future for our people."

And the wise sent a message Muqtada al-Sadr And the

Sadrist Movement, saying: I tell them: (we were, are, and will remain the sons of one homeland, one history, one family, we should not be separated by differences of opinions and misunderstandings, and our unity should not be torn by the hands of sedition, ignorance and hatred), we have never given up on our fraternal relations with you, despite the media escalation.

And the erroneous practices that were issued against us and the state institutions and their disruption, and we were with other brothers from the national forces in the coordination framework and others, the first initiators to persuade you to refrain from boycotting the elections and the first to congratulate you on your victory in it and the first to support the project of the national majority with its required conditions, including preserving the position of the largest social component.

Al-Hakim continued, "We have been allies in many social and political fields for many years, and we appreciate and respect the sources of differences in viewpoints, and we do not see this as a reason for any tension, accusation or skepticism," explaining,

"We still believe with the brothers in the coordinating framework in the importance of the sons of  Sadrist Movement And their presence and effectiveness in decision-making centers and work in state institutions, not only according to their electoral eligibility, but also because of the presence of benevolent and patriotic energies in this current.

Al-Hakim pointed out that "the coordinating framework has made and is exerting maximum efforts to preserve national cohesion, the unity of the larger social component, and the true partnership in the decision.

Al-Hakim said, "Going to early elections needs parliamentary and legal preparations and discussions that make this option a practical, safe and acceptable path for all partners, and it is an option that can be discussed, understood and implemented after forming the new government, amending the electoral law, ensuring the integrity of the performance of the Independent High Electoral Commission and providing logistical and technical requirements." Required to hold fair elections that address the mistakes of the recent past and approve the country’s general budget,” he said, calling on “all parties to exercise the highest levels of political, popular and media restraint and to allow reason, logic and understanding to prevail.”   LINK

MilitiaMan Saturday PM "Many Things in the Works for Reforms" 8-27-2022

KTFA:

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

25th August, 2022

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

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

The statement added, "During the meeting, reports related to the project's work were reviewed in terms of studying the market and potential risks, as well as approving the outputs of the first phase of the project, in addition to discussing the strategic factors for the success of the IFMIS project (19??), and providing all means within efforts to complete it in a manner that ensures its safety from various potential strategic risks.

He pointed out that "the basis for implementing the digitization of financial management was discussed during the meeting, which includes implementing the first phase of the integrated financial management system, presenting new ways of working to be implemented through new tools and practices, in addition to integrating and simplifying public financial management processes, as well as enhancing planning, strategy and optimal use of financial resources.

According to the statement, Abdul-Jabbar stressed that "the application of the system will work to achieve a set of goals, the most important of which is financial discipline, reducing errors, achieving efficiency and effectiveness in the use of government resources, in addition to providing accurate and real-time data and information on all government financial information that helps provide services efficiently and effectively." Pointing to raising the level of financial transparency, follow-up, control and financial accountability, as well as increasing the ability to properly plan government cash flows.

The statement continued, "The system is a means of linking all public government agencies and contains all the functions of public financial management from the financial and accounting operations that take place in all stages of preparing and implementing the budget, starting from the strategic planning stage and ending with the accounting stage and submitting final accounts."

 He pointed out that "the process of implementing the system comes within the framework of the adoption of the financial and economic reform project represented in the white paper, and with the aim of shifting towards integrated financial and accounting management that is consistent with internationally approved programs and systems." 

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MilitiaMan:  Yesterday was a big day, as is today. Many things are in the works for reform for Iraq both economicly and financially. Despite the picture of instability and lack of security "", things may not be as bad for our investment as one may think..

In the above piece it tells us that the process of implementation of financial and economic reforms comes within the frame work and is adopted by the reform project and it is being integrated with financial and managerial accounting that is consistent with international programs and systems, in real time.

The digitization of the process and it's systems are under way. It is about transparency and efficiency. They have it all and it is underway.. imo ~MM

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Al-Kazemi’s advisor: The emergency support law has entered into force

25th August, 2022

The Financial Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed, 08/25/2022, the entry into force of the Emergency Support Law for Food Security and Development.

Saleh told Al-Masala that the Emergency Support Law for Food Security and Development No. 2 of 2022 has now entered into force, especially after the financial instructions accompanying the same law were issued.

He added that work will continue to apply the law until the completion of the distribution of its allocations to the exchange sections stipulated by the law and which are detailed by the financial instructions.

He pointed out that the central control bodies referred to in Article 14 of the Emergency Food Security Law are in charge of exercising their supervisory and legal functions in the best way, in addition to the central role in implementation and follow-up undertaken by the Ministries of Finance and Planning to ensure the accuracy of the law's application.  LINK

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Al-Kazemi’s advisor identifies the supervisory bodies supervising the emergency support law 

25th August, 2022

Thursday, the Financial Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed the entry into force of the Emergency Support Law for Food Security and Development, while specifying the supervisory authorities that supervise its implementation.

 Saleh said, "The Emergency Support Law for Food Security and Development No. 2 of 2022 has now entered into force, especially after the financial instructions accompanying the same law were issued."

He added, "The work will continue to apply the law until the completion of the distribution of its allocations to the exchange sections stipulated by the law and which are detailed by the financial instructions."

He pointed out that "the central control agencies referred to in Article 14 of the Emergency Food Security Law are responsible for exercising their supervisory and legal functions in the best way, in addition to the central role in implementation and follow-up, which is assumed by the ministries of finance and planning to ensure the accuracy of the law's application." LINK

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MilitiaMan:  The same day we see Salih confirms the EFSL financial instructions were issued. They are introduced into FORCE.. They will continue to be until there is completion of distribution. Let the sink in. They are to keep working until completion of distribution through the Ministries of Planning and Finance is complete and will have follow up subsequently thereafter. Imo ~ MM 

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

25th August, 2022

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

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

He added, "Parliament must hold an emergency session in accordance with Article 58 of the Constitution at the invitation of the Speaker, or at the request of 50 deputies, or at the invitation of the President of the Republic, as it is an issue related to security."

And he indicated that "the council, in the event of its convening, takes the steps by which it dissolves itself after a certain period and grants the government the emergency power stipulated in the constitution until early elections are held without condition or restriction because the country is going through a dangerous turning point and allows unwanted international interference." LINK

MilitiaMan:  Again on the same news day there is the mention of international intervention in Iraq's affairs. The UN Charter can intervene in the political process under emergency circumstances. The make that known and quite clear about it.  Under the present conditions there appears to be support now for the intervention to facilitate the dissolution. Question is, does the UN Intervene prior to or at the same time as the Judiciary is scheduled to meet on the 08/30/2022 time line. We shall see and keep that thought.. ~ MM

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Basem Khashan talks about "massive thefts" linked to the Central Bank of Iraq

25th August, 2022

On Thursday, independent deputy Bassem Khashan spoke of massive thefts linked to the Central Bank of Iraq.

In a Facebook post seen by / the information /, Khashan said that "despite the multiplicity of fronts, and despite the fierceness of the confrontations, my war on corruption is still continuing, and has even expanded."

He added, "I received serious information and documents about massive thefts linked to the Central Bank of Iraq."

He continued, "All the sticks of the opponents and some of the swaying comrades were broken, and our wheels did not stop! We have a real reform project for which we have done a lot, and we will not be satisfied with anything less than achieving it." LINK

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MilitiaMan:  Here we have this guy talking about massive thefts linked to the CBI.. He goes on to say that his group will not be satisfied with anything less than achievement of reforms.. Then look below... They toppled those behind the currency auctions days prior. Lets not forget the the FM left town and publicly stated he was threatened and blackmailed to stay quiet. All of this seems to be and fit insecurity and instability.. But, is it? Recall prior to this big fish being caught, there were hundreds of small bait fish prior to this.. Lots of money has been clawed back in the process. Hundreds and Hundreds of billions of Dinar and USDs..  ~ MM

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After scandals escalated, the Central Bank topples a company that mediated in the currency auction

2022-08-21

Yes Iraq: Baghdad

On Sunday, the Central Bank of Iraq announced the withdrawal of the license of a mediation company for the sale and purchase of foreign currencies for violating the instructions and confiscating its 50 million dinars insurance, at a time when leaks and scandals increased about the currency auction.

In a statement, the bank said that "in view of the violation of the (Al Habib) company to mediate for the sale and purchase of foreign currencies, the provisions of the instructions regulating the work of mediation companies and the purchase of foreign currencies, it was decided to withdraw the company's license."

He added, "It was also decided to confiscate its insurance deposited with the bank amounting to 50 million dinars in favor of this bank," calling on the Ministry of Commerce to "cancel the certificate of incorporation granted to the company in addition to writing off the company's name from the records and providing the Central Bank with the certified liquidation letter."

The latest revelations about scandals in the currency sale auction, was what was revealed by specialized authorities that the banks of the clutch, Al-Ansari and the Middle East, affiliated with businessman Ali Ghulam, were granted about $2.5 billion during a period of 50 days preceding the date of the exchange rate change, amounts equivalent to 30% of the sales of the Central Bank. During that period.

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MilitiaMan:  Now to the EFSL and 50 days. The EFSL was published in the Gazette on 07/06/2022. That was 50 days yesterday. 50 days was mentioned prior to the exchange rate change.. The entitiees were toppled because of that.. Last banking day of the week. Take not the article about the modernizing of the public financial management systems..  The Emergency Food Security Law same day is put into force with full details and instructions for implementation through completion of distribution to the Planning and Financial Ministries.  Security? Stability? hmm KW RVd or RId in massive turmoil.. Wee shall see.. imo ~ MM

DallasDude:  I agree with MM's statement about Kuwait's RI - the New York Times wrote an article just after the rate change that people were exchanging in banks with no electricity - the country was in shambles.  This big mess of parliament, people in sit-ins, etc - is a perfect time for the CBI to publish a new rate - IMO of course

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

MilitiaMan:  Whether we like the UN or not, they bring arrows in their quiver to the table. Because of what you say above has some relevance,  it is not however, taking into consideration that the corruption that is so rampant and that there has been unprecedented threats against not just the judiciary, but the finance minister and political side of the circumstances.

Sadr's right hand man was assassinated if I recall correctly.  Al-Alawi was threatened with his life and with black mail in teh mix, politicians wanting to speak out are asking for protection to do so, as speaking out  can be a death sentence for anyone in doing so.

Do to the "" emergency the UN describes may from the legitimacy given by UN  whether we like it or not, can be wielded now under such circumstances as to be the bad guy... It wasn't us that dissolved the parliament it was them.. There is data out lately to support that if they don't have things sorted accordingly in short order they can impose Chapter VII tutelage.. 

That my friends would not be in our favor. imo.. So, lets not shoot them in the foot and think they are not relevant.. imo They are. If they do intervene under the articles above, then, all those that have been threatened can possibly sleep a little better knowing they were not the ones that dissolved them selves. The UN will have that on their hands again, whereby if by issuing a Security Council resolution becomes the action taken. We shall see if the previous dissolution proves this is all just a dog and pony show or not.

Btw.. The EFSL became law in middle of JULY  - ish 2022.. That CBI 50 day mention about exchange rate change noted in the article yesterday has relevance to auctions and to timing. The breach of the acutions within the 50 days of an exchange rate change was acted on and we see the results of that in the article.

Alawi was given the green light we recall, hence, once he was threatened he had to protect himself. That guy in the article has lost many things from his corruption.. The clock is ticking.. IMO.. ~ MM

Saturday AM Iraq Parliament News Highlights 8-27-22

Saturday AM Iraq Parliament News Highlights 8-27-22

New Talk From Parliamentary Finance Regarding The Budget

Economie| 06:28 - 26/08/2022   Special - Mawazine News, The Parliamentary Finance Committee confirmed that it is not possible to talk about a measure taken by the Committee regarding the budget law or others.

Committee member Jamal Cougar said in an interview with "Mawazine News" that "the committee knows its work and that any financial measure related to the budget cannot be taken by the current government, because it is a caretaker government and does not have the powers."

He continued, "Any parliamentary committee cannot continue its work unless the parliament sessions have resumed and its work has not resumed."    https://www.mawazin.net/Details.aspx?jimare=203541

Parliamentary Finance Identifies The Only Segment Affected By The Absence Of The Budget

Political | 12:32 - 27/08/2022   Special- Mawazine News  The Parliamentary Finance Committee identified, on Saturday, the only segment affected by the failure to pass the 2022 financial budget law

. Committee member Jamal Cougar told / Mawazine News /, “The only segment that will be affected by the absence of the budget law are the contract employees who are waiting for their confirmation. If the budget is approved, the rest of the segments will not be harmed."

And he continued, "These alone will wait for the law to be passed, as for others whose salaries are fixed employees and contractors, there is no fear for them," noting that installing any contractor on the state's owners needs a legal cover provided by the budget law.   https://www.mawazin.net/Details.aspx?jimare=203605

The Kurdistan Government Responds To SOMO Regarding The Threat To Buyers Of The Region's Oil

Political | 05:21 - 26/08/2022   Baghdad - Mawazine News, the Ministry of Natural Resources in the Kurdistan Regional Government responded today, Friday, to the letter of the Oil Marketing Company "SOMO" regarding the pursuit of buyers of the region's oil.

The ministry said in a statement received / Mawazine News / Nakhsa Muntah, that "the (SOMO) message contains misleading information, and it is part of the political conflict in the country," noting that "the (SOMO) company will impede the ongoing dialogues between Erbil and Baghdad."

The ministry confirmed, "The continuation of the production and sale of crude oil."

And "SOMO" had promised new legal measures against buyers of crude oil from the region

https://www.mawazin.net/Details.aspx?jimare=203535

Integrity Seizes Waste Of Public Money And Smuggling Of Oil Derivatives Through “Hidden” Pipelines In Diyala

Posted On2022-08-26 By Sotaliraq     On Friday, the Investigation Department of the Federal Integrity Commission reported that it had carried out a series of seizures of cases of waste of public money, price hikes, embezzlement and smuggling in a number of electricity departments and gas stations in Diyala Governorate.

The department indicated in a statement that “the Diyala Investigation Office team carried out (5) separate operations in the electricity departments in the governorate, in the first of which it revealed an exaggeration in the purchase prices of (20) electric poles by the Electricity Distribution Directorate in the governorate at an amount of (72,000,000) million dinars. , an amount that exceeds the real prices prevailing in the local markets, indicating that the purchase was in violation of the technical specifications approved by the Ministry of Electricity, according to the report of the examination committee.

She added, "The investigations of the commission's investigation office in the governorate led to the seizure of a special exchange transaction that was promoted again; Despite its previous disbursement, pointing out that the Diyala Governorate Office - Accounts Department promoted a disbursement transaction for the project to implement a new electricity network to (the Military District - Zuhairat - Abi Saida), explaining that this led to a waste of public money amounting to (52,722,572) million dinars. “.

In a third operation, the team seized the origin of the purchase of materials that did not comply with the technical specifications in the Diyala Electricity Distribution Directorate, as well as an exaggeration in the purchase prices of (150) lighting briquettes of (250 watts) for the street lighting project from Al-Quds Intersection to Al-Mafraq Bridge, pointing out that the purchase prices The materials entered into storage amounted to (20,433,000) million dinars.

The department explained that the office team was able to arrest the director of the Al-Azeem Electricity Maintenance Center and one of his employees. For promoting “fake” maintenance transactions and embezzling electrical wires that were disbursed under those transactions, indicating that (4) “fake” transactions were seized.

She pointed out that "the last operation in the Electricity Departments, during which two suspects were arrested in the Canaan Electricity Maintenance Center and the Secretary of the Network Store of the Diyala Electricity Distribution Branch; For stealing a transformer (250kv) with its accessories, knowing that the transformer was supplied by the Governorate Electricity Distribution Company.

The department confirmed that "the team carried out two separate operations at two fuel stations. After investigation and follow-up work during the first operation, it was able to detect smuggling operations of oil derivatives at a fuel station in Khanaqin, by extending pipes from fuel tanks hidden under the concrete floor of the station to the outside of the pumping equipment.

And dumping inside a hidden room used to smuggle (gasoline and gas), and electrical wires were seized inside the underground pipes of the station, in addition to electrical impulse generation devices to manipulate the meters of fuel pumps, unloading equipment and seals proving the involvement of oil products employees, two of whom were caught tampering. .

In the second operation, (4) employees of the Central Oil Police Directorate, who are assigned to protect government gas stations were seized; for supplying large quantities of gasoline to the owners of the “revolved” wheels; Contrary to regulations; In return for receiving sums of money (bribery), with reference to the decision of the judge of the Baqabah Investigation Court, which is specialized in integrity issues, to arrest the accused in accordance with the provisions of Article (340) of the Penal Code.   LINK

The “Curse” Of Iraq’s Bounties Turns It Into A Poor Country

Posted On2022-08-27 By Sotaliraq   Iraq ranked 8th in the Arab world and 79th globally among the world's poorest people (Reuters)

[size=45]Iraq ranked   79th in the world among the world’s  poorest people  , despite the capabilities and wealth that are considered a “blessing” owned by Mesopotamia, but it has become a curse on Iraqis as a result of the economic deterioration and the wrong policies pursued by successive governments, the rampant corruption in the joints of the state and the failure to activate the private sector, where the poverty rate rose to Higher levels than before, according to the American magazine "Global Finance", while the Iraqi Ministry of Planning and Development Cooperation expected the poverty rate in the country to rise to 25 percent during the current year 2022, after it recorded 22.5 percent in the last census of 2019.

[size=45]The magazine said in a report, that “the poorest countries in the world suffered from civil wars and ethnic and sectarian conflicts, then the Corona virus came, which made the bad conditions worse,” noting that “the world possesses 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 - continue to 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."

Income improvement strategy

On the other hand, the Ministry of Planning revealed its intention to prepare a strategy to improve the income and livelihood of poor families, while confirming the imminent launch of the largest economic and social survey.

The spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said in a press statement that "the ministry is preparing, in coordination and cooperation with a group of ministries and institutions, including the ministries of commerce, labor and social affairs, to prepare the third poverty reduction strategy in Iraq for the years 2024-2028."

He added that "the goal of the strategy is to improve the standard of living for people with low incomes, which focuses on two axes, the first: reconsidering and evaluating the social protection network so as to ensure that it reaches those who are eligible for the benefit, and re-examining the poverty line in order to ensure that support reaches poor families."

He pointed out that "the second axis focuses on reforming the ration card system and working with the Ministry of Commerce with the aim of allocating this program to poor families while reconsidering those covered, as many of them are well-off, and it is first for these materials to go to poor families."

The strategy also aims to improve the income and standard of living of poor families through other pathways related to education, health and housing," he added.

He stressed that “from this framework, the Ministry of Planning is preparing to launch one of the largest economic and social surveys in Iraq, and soon the work of this survey will be launched, which will give us very important indicators about the poverty level, the poverty line, the living standard of the poor and their areas of concentration, and then we will use the outcomes of this survey and its indicators in writing a strategy poverty that is currently being prepared.”

Fighting poverty is a difficult task

In addition, the economic researcher, Bassam Raad, believes that despite the huge financial resources derived from oil revenues, which exceeded 72 billion dollars during the past seven months of this year, unemployment rates rose to 16.5 percent, which represents the percentage of the unemployed labor force. Poverty rates reach 25 percent of the population, according to some estimates, which indicates that we are living in a very critical stage.”

He points out that “fighting poverty in Iraq will be a difficult task, as it has become an absolute necessity, and work should be done to end poverty in all its forms and work to promote sustainable development while ensuring decent education and educational opportunities and working to promote comprehensive sustainable economic growth, productive employment and decent work for all, and this requires reform In addition to eliminating manifestations of administrative and financial corruption, administrative and financial corruption is one of the most important problems that the country suffers from, and it greatly hinders policies to reduce poverty and unemployment rates.”

Raad believed that a rapid reduction in poverty rates is possible by supporting the components of the ration card and increasing the amounts of social care for vulnerable groups that suffer from unemployment and poverty. Otherwise, the poverty map in the country will expand, which portends serious social risks that threaten the unity and safety of society.  LINK

The Minister Of Oil Stresses The Strengthening Of Cooperation With International Companies In The Field Of Energy

Energy    Economy News / Baghdad   The Minister of Oil, Ihsan Abdul-Jabbar Ismail, received the Russian ambassador in Baghdad, "Elbrus Kutrashev", and during the meeting, they discussed strengthening bilateral relations between the two countries.

The minister stressed the importance of strengthening joint cooperation with reputable international companies in the energy, oil and gas sector.

For his part, the Russian ambassador expressed his country's desire to strengthen the frameworks of joint cooperation with Iraq in several fields.

61 مشاهد views   Added 08/25/2022 - 9:43 PM   Update 08/27/2022 - 12:50 PM

https://economy-news.net/content.php?id=29475

Friday Evening Iraq Economic News Highlights 8-26-22

Friday Evening Iraq Economic News Highlights 8-26-22

The Minister Of Oil Stresses The Strengthening Of Cooperation With International Companies In The Field Of Energy

Energy     Economy News / Baghdad  The Minister of Oil, Ihsan Abdul-Jabbar Ismail, received the Russian ambassador in Baghdad, "Elbrus Kutrashev", and during the meeting, they discussed strengthening bilateral relations between the two countries.

The minister stressed the importance of strengthening joint cooperation with reputable international companies in the energy, oil and gas sector. For his part, the Russian ambassador expressed his country's desire to strengthen the frameworks of joint cooperation with Iraq in several fields.

33 views   Added 08/25/2022 - 9:43 PM  Update 08/26/22 - 12:39 PM

https://economy-news.net/content.php?id=29475

For Not Sending Iraq "Gas Oil" .. A General Shutdown Of Electricity In Lebanon At Noon Friday

Article at link:   https://baghdadtoday.news/ar/news/198902/A

Oil Is Down Two Dollars

Shafaq News/ Oil prices fell by about two dollars a barrel on Thursday in volatile trading as investors prepared for the possibility of the return of Iranian oil exports subject to sanctions to global markets and due to fears that higher US interest rates would weaken demand for fuel.

Brent crude fell $1.88, or 1.9 percent, to settle at $99.34 a barrel. US West Texas Intermediate crude fell $2.37, or 2.5 percent, to $92.52 a barrel upon settlement.   LINK

"SOMO" Warns Of Legal And Punitive Measures Against Buyers Of Oil From The Kurdistan Region

2022.08.25 - 14:14   Baghdad - people    The Iraqi Oil Marketing Company (SOMO) has threatened new legal measures against buyers of crude oil from the Kurdistan region, according to a letter dated August 23 seen by Reuters.

  The speech is the latest in a series of moves by the Iraqi Oil Ministry to try to control oil revenues from the Kurdistan region.

  The letter stated, "Strict legal action will be taken against all concerned parties, in order to prevent the loading of those illegal shipments coming from Iraq, including but not limited to shipments coming from the Kurdistan region.

“The Iraqi Federal Ministry of Oil and SOMO as its subsidiary reserves the right to take all legal action against any dealer or buyer of smuggled crude oil who is proven to have specifically loaded Iraqi oil from Turkey’s Ceyhan Oil Terminal, without the express endorsement of SOMO.”    https://www.nasnews.com/view.php?cat=92597

Baghdad Pressures Kurdistan Oil With New Sanctions Against Buyers

In the latest move to implement the Federal Court's decision, SOMO threatens to take firm legal action against any deal to sell Kurdistan oil without official permission from Baghdad.

Thursday 08/25/2022      Baghdad warns companies against "smuggling" oil through Ceyhan port in particular BAGHDAD - The state-owned Iraqi Oil Marketing Company (SOMO) has threatened new legal action against buyers of crude oil from the semi-autonomous Kurdistan region, according to a letter dated August 23.

The letter is the latest in a series of moves by the Iraqi Oil Ministry to try to control oil revenues from the Kurdistan region.

And the message, which was quoted by Reuters news agency, excerpts from, stated that "firm legal measures will be taken against all concerned parties, in order to prevent the loading of those illegal shipments coming from Iraq, including but not limited to shipments coming from the Kurdistan region."

"The Iraqi Federal Ministry of Oil and SOMO as its subsidiary reserve the right to take all legal measures against any dealer or buyer of smuggled crude oil who is proven to have loaded Iraqi oil from Turkey's Ceyhan Oil Terminal, specifically, without express endorsement from SOMO," SOMO added.

This move mimics a similar move by the Iraqi Oil Ministry in 2014 to prevent ships carrying crude from the Kurdistan region from unloading cargo at foreign ports.

A ruling by Iraq's Federal Supreme Court in February considered the legal foundations for the oil and gas sector in the Kurdistan region unconstitutional.

The Kurdistan Regional Government has repeatedly rejected the ruling. The region's prime minister last month described its decision as a "political" and unconstitutional ruling.

Iraq made several attempts to implement the Federal Court ruling. He summoned many companies operating in Kurdistan to commercial court sessions, which were repeatedly postponed, and introduced a policy to blacklist oil field service companies if they did not withdraw from the Kurdistan region.

The oil dispute between the two parties was renewed at the peak of prices and at a time when Iraq was seeking to increase its production and develop the oil infrastructure.

In May, the Iraqi Oil Ministry asked oil and gas companies operating in the Kurdistan region to sign new contracts with "SOMO" instead of the regional government.

Prior to that, Oil Minister Ihsan Abdul-Jabbar said that the Oil Ministry would start implementing the Federal Court ruling after talks with the KRG failed.

The oil file and the management of oil wealth is considered one of the most prominent outstanding issues between Baghdad and Erbil for years, and the events of 2017 reflected the state of tension between the two parties, forcing the federal government to send military forces that regained control of the oil fields in Kirkuk and forced the Kurdish forces to leave after a referendum on the independence of the Kurdish region The majority voted for secession.   LINK

Gold Prices Are Dropping Locally

Economie   2022-08-27 | 03:27  602 views  The prices of the yellow metal decreased, today, Saturday, in the Iraqi markets.

The price of a 21-carat gold Mithqal, the most widely traded among the public, amounted to 357,400 dinars, excluding drafting fees, while the price of a 24 carat gold Mithqal amounted to 408,450 dinars, excluding the drafting fees.

It is reported that gold prices today inIraqIt is important economic information for those who are about to get married, and it is of interest to investors inIraqBecause gold is linked to the global economy and at a time when the economy of many countries has deteriorated, gold has remained a safe haven for many, whether inIraqor in other countries.   LINK

"Tidbits From TNT" Saturday 8-27-2022

TNT:

Tishwash:  BI choosing banks, payment actors for disbursing digital rupiah

Later, the millennials can do a (purchase through the) metaverse (platform) from their digital account using digital rupiah.

Jakarta (ANTARA) - Bank Indonesia (BI) is currently in the process of selecting the most reliable banking and payments system players for the task of distributing digital currency or digital rupiah.

At the 16th Bulletin of Monetary Economics and Banking (BMEB) International Conference here on Thursday, BI Governor Perry Warjiyo said that the issuance of digital rupiah as a central bank digital currency (CBDC) and the state’s legal tender has been mandated by the Constitution and the BI’s regulation.

Globally, there are two options that have been implemented by various countries for distributing digital currency.

The first one involves the central bank solely focusing on distributing digital currency systemically using the wholesale scheme. Meanwhile, the second option involves giving the mandate to banking and payments system companies to distribute the CBDC through the retail scheme.

The BI Governor said that the bank has decided to distribute the digital rupiah through a retail scheme, meaning the digital currency will be disbursed by BI only to large banks and payments system companies.

Meanwhile, other central banks around the world have tended to choose both schemes, he noted.

"The distribution platform (of the digital rupiah) will use the Distributed Ledger Technic (DLT) blockchain, thus the designated banks will have two accounts, a digital account and a standard account,” he informed.

Hence, only selected banks or payments system companies will receive digital rupiah from BI through their respective DLT blockchain accounts, he added.

Currently, BI is striving to develop the ecosystem for supporting the use of the digital rupiah, including preparing to issue the digital currency, building a digital rupiah platform, as well as selecting distributors.

Thus, in the future, the younger generation will have two accounts at banks and payments system companies—regular accounts and digital accounts, Warjiyo said.

"We will implement it. Later, the millennials can do a (purchase through the) metaverse (platform) from their digital account using digital rupiah," he added.   link

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Tishwash:  The Speaker of the Iraqi Parliament: We have 80 trillion dinars, a suspended financial surplus

The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, warned of upcoming economic crises that Iraq will face if the political crisis continues in the country and the constitutional institutions are disrupted.

Al-Halbousi and during his participation in a feminist celebration in Baghdad; He stressed that there is an 80 trillion Iraqi dinars (50 billion dollars) financial surplus over the revenues of oil exports for the current year, which are frozen and cannot be spent due to the failure to approve the 2022 budget.

Al-Halbousi added; The Financial Management Law, which will continue to manage the country’s financial affairs in an emergency, in the event that the budget for the year 2023 is not approved, will not allow any additional financial spending, which will put the country in front of major economic crises in the year 2022.   link

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Tishwash:  Analysts: Dissolving the Iraqi Parliament is an "urgent necessity" to calm the political crisis

raqi analysts considered the dissolution of parliament an "urgent necessity" to avoid escalation in the country, at a time when an analysis published by the European Council on Foreign Relations concluded that holding new early elections in Iraq was futile just because the leader of the Sadrist movement, Muqtada al-Sadr, wanted it.

The analysis indicated that proceeding with this step would lead to the erosion of what remained of democracy in the country and to the consolidation of corrupt parties.

At the same time, an Iraqi political analyst suggested that early elections may be the only solution after the current crisis in the country has reached a path that threatens to escalate further between the opposing parties.

The analysis, written by Hamza Haddad, said that "the international community should avoid supporting early elections simply because the Shiite political leader is not satisfied with the outcome of the government formation process and threatens violence in response."

However, Haddad believes that "given the seriousness of the current impasse, early elections seem to be the most likely outcome to end the conflict, but he indicated that there is little possibility that such a step" would provide a real mechanism for resolution."

Haddad continues, "Given that the parliamentary elections that took place last October saw a low turnout, another election may erode what remains of the country's democracy, especially if it is held merely to appease al-Sadr."

The analyst explains that "there is no reason to believe that another early election will reverse this trend, and may instead further entrench the corrupt parties and their control over state facilities, given that only their supporters will go to vote."

He notes that "although early elections are an appropriate mechanism to resolve the deadlock in many democracies around the world, they cannot address the structural weaknesses of the political system in Iraq."

On Friday, the Sadrist movement, led by Shiite cleric Muqtada al-Sadr, renewed its call for the highest judicial authority in Iraq for the second time in less than a month, to dissolve parliament.

Thousands of Sadrists' supporters participated in Friday prayers, which were held in a square adjacent to the Iraqi parliament. In a sermon delivered by Muhannad al-Moussawi, who is close to al-Sadr, the current demanded the Federal Court to dissolve Parliament.

The court is scheduled to hold, next Tuesday, a session to consider the case submitted by the Secretary-General of the Sadrist bloc, Nassar al-Rubaie, a source in the court confirmed to AFP.

Addressing the judiciary, Al-Moussawi said, "If the rule is in your hands, the law is under your authority and the constitution is under your eyes, you decide what you want," and continued, "Take it as my advice: We will not abandon our right even after a while."

Since the early parliamentary elections in October 2021, Iraq has been in complete political paralysis with the inability to elect a new president and form a new government.  

The level of escalation between the Sadrist movement and its opponents in the coordination framework rose on July 30, when al-Sadr supporters began a sit-in at the Iraqi parliament building in the Green Zone, demanding the dissolution of parliament and the holding of early elections, days after the resignation of the 73 Sadrist bloc deputies.

For their part, Sadr's opponents, in the coordinating framework that includes the bloc of former Prime Minister Nuri al-Maliki and the Fatah bloc representing the Popular Mobilization, want to form a government before going to early elections. 

Supporters of the coordination framework have also been carrying out a sit-in in front of the Green Zone, which includes government institutions and Western diplomatic headquarters, since August 12. 

The Iraqi constitution states in Article 64 of it that the dissolution of the Council of Representatives takes place “by an absolute majority of the number of its members, at the request of one-third of its members, or at the request of the Prime Minister and with the approval of the President of the Republic.”

Iraqi political analyst Issam Al-Faili believes that all political parties believe that the solution to the intractable crisis in Iraq lies in dissolving parliament and holding early elections, but they differ on the mechanism by which this should be done.

In an interview with Al-Hurra, Al-Faili added that the dissolution of Parliament will necessarily lead to an end to the state of political tension that the country has been witnessing for several months, with both sides insisting on their demands.

Al-Faili stresses that dissolving parliament has become an "urgent necessity" to resolve the situation and avoid further escalation.

Al-Faili believes that the continuation of the current situation may lead one of the opponents to carry out civil disobedience, which will affect the country's economy and possibly stop the movement of life completely in the country.

Al-Faili shows that "the early elections will prove the size of each party and may lead to a breakthrough or split in one of the two camps, paving the way to facilitate the task of the other party in obtaining the majority needed to form a government."

It is customary in Iraq for the parties of the "Shiite House" that have dominated the political scene since 2003 to reach an agreement among themselves on the name of a prime minister. 

This time, however, the political parties failed to achieve this after many months of negotiations. The main difference between the two parties is that the Sadrist movement wanted a "national majority" government in alliance with the Sunnis and the Kurds, while its opponents, in the coordinating framework, wanted to maintain the consensus formula.   link

Mot:  ..... Soooooo Where Do You See Urself in ~~~~5 years

Mot: .. aaaaahhhh ---- hmmm -- aaaahhhhhhhh ((( What to Say ))