News DINARRECAPS8 News DINARRECAPS8

Saturday AM Iraq Parliament News Highlights 9-10-22

.Saturday AM Iraq Parliament News Highlights 9-10-22

Acts of violence and poverty" .. "The New York Times" reveals the repercussions of political conflicts in Iraq

Policy 2022-09-10 | 05:25 765 views Alsumaria News – Politics The New York Times published a report in which it confirmed that Iraqi politicians had failed to form a new government nearly a year after the last elections, while indicating that the power struggle between political groups had sparked a sectarian war.

The newspaper said that "after the US invasion, the majority dominated Shiite in Iraq The government, the power struggle between political groups sparked a sectarian war, and now there is a serious threat to the country's already fragile stability

Saturday AM Iraq Parliament News Highlights 9-10-22

Acts of violence and poverty" .. "The New York Times" reveals the repercussions of political conflicts in Iraq

Policy   2022-09-10 | 05:25  765 views  Alsumaria News – Politics  The New York Times published a report in which it confirmed that Iraqi politicians had failed to form a new government nearly a year after the last elections, while indicating that the power struggle between political groups had sparked a sectarian war.

The newspaper said that "after the US invasion, the majority dominated Shiite in Iraq The government, the power struggle between political groups sparked a sectarian war, and now there is a serious threat to the country's already fragile stability

She added, "The weaknesses ofIraqIt reappeared sharply last week when the deadlock over forming a new government - nearly a year after the last election - erupted into violence in the heart of the capital.Baghdad".

According to the newspaper, she said: Maria Fantabi [/url] From the Center for Humanitarian Dialogue, a conflict management organization based in Switzerland: "If we discuss post-2003 Iraq, we have to say that it was not in fact a functioning state... We did not have a prime minister who had complete control over the security forces or the borders."

Related Articles

And she added, "there is so little trust in the political system that voter turnout in Baghdad It was about 30% in the last elections, and many expect the same corrupt politicians to remain in power thanks to the post-2003 regime that It guarantees key positions to specific religious and ethnic groups.

 She revealed, "The credit for not collapsingIraqIt is largely due to the country's vast oil wealth, but most citizens never see the benefit of this wealth, and suffer from daily power cuts, dilapidated schools, lack of health care or even clean water and the state cannot provide basic services and this is what led to widespread protests before Three years".

 stated " The New York Times "With 'dysfunctional' ministries and a weak central government, there are no real efforts to improve public services or life for a quarter of the population that the government estimates live in poverty."

 And about the education crisis inIraqSchools are so overcrowded that they work in shifts, providing only half a day of lessons for students, and many schools lack running water or adequate toilets, the newspaper said, noting that “more than half of Iraqi students drop out of pre-secondary school in Iraq.”BaghdadIn other cities, out-of-school children push wooden carts in outdoor markets or sell water bottles to drivers in traffic.

She concluded by saying, "With the violation of both Iran and Turkey For Iraqi sovereignty frequently, the weakness of the Iraqi government and state institutions poses a threat to regional stability — as happened in 2014 when the Iraqi army collapsed in the face of an Islamic State offensive.that dominated large parts of Iraq". LINK

Deputy: The Framework Intends To Hold The Parliament Session After The Arbaeen Visit

Iraq  12:45 - 09-10-2022   Member of Parliament, Zahra Al-Bajari, announced that the coordination framework and the forces allied with it are proceeding with the process of repeating the sessions of the House of Representatives after the end of the Arbaeen visit.

Al-Bajari said that the coordination framework and the forces allied with it are keen to hold parliament sessions and abide by the constitutional instructions.

She added, that the request submitted to the Presidency of the Parliament includes the signatures of one hundred and eighty deputies from different political blocs to hold a session of the House of Representatives and proceed with the constitutional entitlements.

https://kirkuktv.net/AR/Details/8799

A leader in the Al-Fateh Alliance reveals the fate of the mandatory conscription law[/size]

Iraq   16:27 - 09-09-2022   On Friday, the leader of the Al-Fateh Alliance, Muhammad Al-Tamimi, revealed the fate of the mandatory conscription law.

Al-Tamimi said, "Compulsory conscription is one of the important laws that is seen as a priority in the Iraqi security scene in the next stage, and had it not been for the recent crisis, it would have been in the role of discussion in the corridors of Parliament before proceeding to vote on its paragraphs,"

adding, "There is a political consensus to move forward." It was issued after making amendments to some of its provisions in coordination with the Ministry of Defense, as it is the authority concerned with its application, pointing out that it is too early to resolve several files in the law, including age, salaries and other details related to the service period, especially for graduates.

He pointed out that "there are 3 important points that determine the pace of law enforcement: the financial cover and training camps, in addition to the administrative and organizational system to receive tens of thousands of young people annually to perform the service of science."

The conscription law was proposed in the last parliamentary session, but the elections pushed it to be postponed."    https://kirkuktv.net/AR/Details/8780

Granting Entry Visas To Iraqi Territory For Visitors Is Done Through A Single Electronic Window

Political | 12:59 - 10/09/2022   https://www.mawazin.net/Details.aspx?jimare=205032   

The Democrat Stresses The Necessity Of Returning The Sadrists To Dialogue: We Will Not Succeed In Any Work Without Them

political| 11:57 - 09/09/2022   Special - Mawazine News   The Kurdistan Democratic Party stressed the need to return the Sadrist movement to dialogue, indicating that without returning the Sadrist movement's representatives, no action will succeed until the parliament is dissolved.

Party leader Wafaa Muhammad Karim said in an interview with "Mawazine News" that "there is an active element that is absent from any political dialogue or discussion," noting that "their return will be through implementing the conditions they announced during the Friday prayer, and with this we have brought them back despite their resignation." ".

He continued, "The Sadrist movement sacrificed 73 parliamentary seats, ministers and others for the sake of the political process, so why not implement the conditions announced." Ended 29 / h

https://www.mawazin.net/Details.aspx?jimare=205003

Iraq Calls On The International Community To Provide Justice For The Victims Of Terrorism

Political | 09:27 - 09/09/2022   Baghdad - Mawazine News, National Security Adviser Qassem Al-Araji called on the international community to do justice to the victims of terrorism, while noting that the Iraqi government launched psychological and health recovery programs for all societies that were under the control of ISIS.

A statement from Al-Araji's office stated that "the National Security Adviser participated in the first global conference on victims of terrorism, held at the United Nations headquarters in New York, and through closed circuit television, with the participation of the Deputy Secretary-General of the United Nations, Director of the Counter-Terrorism Office, Mr. Iraq's seat at the United Nations, Permanent Representative, Ambassador, Muhammad Husayn Bahr al-Ulum.

Al-Araji delivered Iraq’s speech at the conference, in which he stressed, “Iraq has faced terrorism and extremism for years, as the terrorist organization ISIS tried to ignite sedition, raped cities, killed men and women, stole money, and caused the emigration of more than one million and four hundred thousand citizens, but the Iraqis thwarted its plans with their awareness.” and their social cohesion.

Al-Araji added, "The Iraqis, with all their components and sects, fought heroic battles against the terrorist ISIS, and the fatwa of sufficient jihad issued by the supreme reference had a great impact in the victory over terrorism," noting that "the terrorist threat of ISIS has become limited, thanks to the sacrifices of the security forces of all kinds and the help of the coalition." international and friendly countries.

Al-Araji indicated that "the Iraqi government launched psychological and health recovery programs for all communities that were under the control of ISIS, adding that the psychological cell of the National Security Adviser continued its tasks with the support of the Iraqi government, civil society organizations and the United Nations, to provide treatment and advice to restore psychological balance to the victims of terrorism, Through the use of psychiatric clinics for returnees from the Syrian Al-Hol camp and the rest of the displacement camps, to help the victims cope and understand their fears.”

He pointed out, "The Iraqi government has enacted Law No. 20 of 2009 on Victims of Terrorism, as well as the Law for Redress for Yazidi Survivors, in order to enforce the law and punish terrorist criminals."

Al-Araji called on the international community to "do justice to the victims of terrorism and reintegrate them into society, by increasing programs to support victims and rehabilitate returnees from the Syrian al-Hol camp, especially women and children, as well as focusing on raising the capacities of workers in the field of psychological rehabilitation," stressing that "Iraq is heading towards To develop a strategy that includes an integrated package of services to cover the needs of victims of terrorism." Ended 29 / h

https://www.mawazin.net/Details.aspx?jimare=204993

Its Most Prominent Conditions Are To Keep Al-Kazemi... Will Al-Sadr's Initiative Solve The Iraq Crisis?

Posted On2022-09-10 By Sotaliraq    Iraqi Prime Minister Mustafa Al-Kadhimi   Iraqi political circles are awaiting the end of Imam Hussein's fortieth visit to start its political activities, especially that the leader of the Sadrist movement, Muqtada al-Sadr, put forward a new initiative to end the intractable crisis, which is the longest period in which Iraq remains without a government, after the fall of Saddam Hussein's regime in 2003.

Al -Sadr's recent initiative stipulated that Prime Minister  Mustafa Al-Kazemi should remain  in office, as well as the President of the Republic,  Barham Salih  , to manage a transitional phase and hold early elections.

He also demanded the dissolution  of the House of Representatives  through the resignation of his allies, such as  the Kurdistan Democratic Party  headed by Masoud Barzani, as well as the Sovereignty Alliance headed by  Muhammad al-Halbousi and  Khamis al-Khanjar  

The forces of the coordination framework refuse to keep Prime Minister Mustafa Al-Kazemi in his position to manage the next stage, citing his incompatibility with the practices of the armed factions and their desire to impose their control over the reins of power in the country and his implicit opposition to Iran’s policy, as he is a pragmatic figure who managed to achieve successes at the diplomatic level by restoring relations closely. Between Iraq and its Arab surroundings, which angered the groups loyal to Tehran.

Worried about Al-Kazemi's survival

The coordinating framework forces fear that Al-Kazemi will remain to manage the upcoming elections, while observers believe that this is due to their desire to make a change in the numbers or falsify some election results, which means the need for an ally president for those forces.

Al-Sadr believes that keeping Al-Kazemi will be a balancing factor between the two parties for his independence, as he was able to hold elections that were widely accepted internationally in terms of their reasonable integrity.

Al-Sadr fears the advent of a new prime minister, with the support of the framework forces, which means the possibility of taking punitive measures against him or his supporters, such as the implementation of judicial warrants issued against Sadrist leaders, last month.

Al-Sadr rejects any return to Parliament sessions, and wants to dissolve it in any way, while observers say that Al-Sadr has his allies in Parliament, such as Parliament Speaker Muhammad al-Halbousi, as well as his deputy from the Democratic Party, Shakhwan Abdullah, which means the possibility of returning Parliament sessions, to take the required measures.

Coordinator looks forward to a new government

It seems that the coordinating framework is proceeding with its vision of forming an Iraqi government away from al-Sadr and imposing his will, which led to large protests in the country from supporters of the Sadrist movement, to violent clashes between his supporters and the Shiite factions affiliated with the coordinating framework, which caused the killing and wounding of dozens, and a great crack that is difficult to reconcile in The popular Shiite community.

In response to Al-Sadr’s initiative, the leader in the Coordination Framework Forces, Ali Al-Fatlawi, said that “any talk about extending the government of Mustafa Al-Kazemi is rejected, and it is not possible to keep this government to be supervising the early elections, especially since it is a daily caretaker government, and it does not have full powers.”

He added in a press statement, " Al- Kazemi's government  was an essential part of the crisis that  Iraq  is currently going through, and for this it is not possible to maintain the government or even give a second term to Al-Kazemi, and work is proceeding towards forming a new government."

The researcher in Iraqi political affairs, Rahim Al-Shammari, believes that “there is a blurring of decisions, and a stream of tweets and daily statements that complicate the political scene, without committing to a clear approach, or a single plan, which makes the political situation in great dispersion, which is what led us to what We are on it now.”

Al-Shammari added, in an interview with “Sky News Arabia” that “the existing conflict does not represent the will of the people, and there are those who put their personal interests ahead of the public interest. For example, some parties refuse the resignation of their representatives, agents and ministers who represent them, and this feature is what guides the political scene in the country.” .

Observers of the Iraqi affairs believe that al-Sadr proposed a step towards a solution, as it came on the grounds that the President of the Republic was characterized by moderation, and his recent speech laid out a road map for early elections and constitutional amendments, and did not speak on a political side.

But despite this, the so-called extreme right within the coordination framework still rejects this path, and wants to form a new government, which will take upon itself the management of the country for the next stage, and the holding of early elections, while the movement will be with the fortieth visit a new round of political activity, in the hope of reaching to solutions.  LINK

Read More
Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Saturday Morning 9-10-2022

TNT:

CandyKisses: Iraq's oil exports to America halve in a week

On Saturday, the US Energy Information Administration announced that Iraq's oil exports to America had halved during the past week

The administration said in a report that "the average US imports of crude oil during the past week from eight countries amounted to 5.782 million barrels per day, an increase of 661,000 barrels per day compared to the previous week, which amounted to 5.121 million barrels per day

She added that "Iraq's oil exports to America amounted to an average of 222 thousand barrels per day last week, halving from the previous week, when oil exports to America reached an average of 401 thousand barrels per day. She pointed out that "most of America's oil revenues during the past week came from Canada at a rate of 3.538 million barrels per day, followed by Mexico at a rate of 965,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 423,000 barrels per day, and then Colombia at a rate of 261,000 barrels per day

According to the administration, "the amount of US imports of crude oil from Brazil amounted to an average of 227 thousand barrels per day, from Ecuador at a rate of 144 thousand barrels per day, and from Nigeria at a rate of 2 thousand barrels per day, while it did not import any quantity from Trinidad and Tobago or Russia

TNT:

CandyKisses:  Iraq's oil exports to America halve in a week

On Saturday, the US Energy Information Administration announced that Iraq's oil exports to America had halved during the past week

The administration said in a report that "the average US imports of crude oil during the past week from eight countries amounted to 5.782 million barrels per day, an increase of 661,000 barrels per day compared to the previous week, which amounted to 5.121 million barrels per day

She added that "Iraq's oil exports to America amounted to an average of 222 thousand barrels per day last week, halving from the previous week, when oil exports to America reached an average of 401 thousand barrels per day. She pointed out that "most of America's oil revenues during the past week came from Canada at a rate of 3.538 million barrels per day, followed by Mexico at a rate of 965,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 423,000 barrels per day, and then Colombia at a rate of 261,000 barrels per day

According to the administration, "the amount of US imports of crude oil from Brazil amounted to an average of 227 thousand barrels per day, from Ecuador at a rate of 144 thousand barrels per day, and from Nigeria at a rate of 2 thousand barrels per day, while it did not import any quantity from Trinidad and Tobago or Russia

Doc:  Will Kazimi still go to the US and the UN if the people riot and burn the place down

KaseyKo1:  I think so. Based on what I have read about this meeting, I think there's more going on than meets the eye with this meeting.

Doc:  If he does and Iraq is burning down how embarrassing

KaseyKo1:  I think one needs to keep in mind what the overall endgame will be. I have to wonder if this is part of that plan. Is this the way the situation is going to force the UN to get involved?

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

Tishwash:  Warnings of an “economic catastrophe” hitting Iraq

Today, Saturday, an expert in economic affairs, Salam Sumaisem, confirmed the impact of the political situation on the economic and financial situation in Iraq during the next stage.

Sumaisem told (the Iraqi Media News Agency / INA) that "there is a great danger of an "economic catastrophe" that will strike Iraq during the next stage, and the first reason for this is the absence of a draft state budget law for two consecutive years, and this is a major financial disaster, and it cannot happen to any country. In the world, and this is due to the current political conflict and disagreement, as it has a significant impact on the economic situation.”

And she indicated that “there is a clear confusion in the management of the financial and economic file, and this will lead to an economic catastrophe that will strike Iraq during the next stage, and that is why everyone should beware of the upcoming economic situation, especially with the absence of a budget law to control public expenditures and prevent wastage of funds, and that is why it must be formed government in order to speed up the legislation of the general budget of the Iraqi state.  link

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

Tishwash:  Its most prominent conditions are to keep Al-Kazemi... Will Al-Sadr's initiative solve the Iraq crisis?

Iraqi political circles are awaiting the end of Imam Hussein's fortieth visit to start its political activities, especially that the leader of the Sadrist movement, Muqtada al-Sadr, put forward a new initiative to end the intractable crisis, which is the longest period in which Iraq remains without a government, after the fall of Saddam Hussein's regime in 2003.

 Al -Sadr's recent initiative stipulated that Prime Minister Mustafa Al-Kazemi should remain in office, as well as the President of the Republic, Barham Salih , to manage a transitional phase and hold early elections.

He also demanded the dissolution of the House of Representatives through the resignation of his allies, such as the Kurdistan Democratic Party headed by Masoud Barzani, as well as the Sovereignty Alliance headed by Muhammad al-Halbousi and Khamis al-Khanjar .

The forces of the coordination framework refuse to keep Prime Minister Mustafa Al-Kazemi in his position to manage the next stage, citing his incompatibility with the practices of the armed factions and their desire to impose their control over the reins of power in the country and his implicit opposition to Iran’s policy, as he is a pragmatic figure who managed to achieve successes at the diplomatic level by restoring relations closely. Between Iraq and its Arab surroundings, which angered the groups loyal to Tehran.

Worried about Al-Kazemi's survival

The coordinating framework forces fear that Al-Kazemi will remain to manage the upcoming elections, while observers believe that this is due to their desire to make a change in the numbers or falsify some of the election results, which means the need for an ally president for those forces.

Al-Sadr believes that keeping Al-Kazemi will be a balancing factor between the two parties for his independence, as he was able to hold elections that were widely accepted internationally in terms of their reasonable integrity.

Al-Sadr fears the advent of a new prime minister, with the support of the framework forces, which means that punitive measures may be taken against him or his supporters, such as the implementation of judicial warrants issued against Sadrist leaders, last month.

Al-Sadr rejects any return to Parliament sessions, and wants to dissolve it in any way, while observers say that Al-Sadr has his allies in Parliament, such as Parliament Speaker Muhammad al-Halbousi, as well as his deputy from the Democratic Party, Shakhwan Abdullah, which means the possibility of returning Parliament sessions, to take the required measures.

Coordinator looks forward to a new government

It seems that the coordinating framework is continuing in its vision to form an Iraqi government away from al-Sadr and impose his will, which led to large protests in the country from supporters of the Sadrist movement, to violent clashes between his supporters and the Shiite factions affiliated with the coordinating framework, which caused the killing and wounding of dozens, and a great crack that is difficult to reconcile in The popular Shiite community.

In response to Al-Sadr's initiative, the leader of the Coordination Framework Forces, Ali Al-Fatlawi, said that "any talk about extending the government of Mustafa Al-Kazemi is rejected, and this government cannot be maintained to be supervising the early elections, especially since it is a daily caretaker government, and it does not have full powers."

He added in a press statement, " Al- Kazemi's government was an essential part of the crisis that Iraq is currently going through, and for this it is not possible to maintain the government or even give a second term to Al-Kazemi, and work is proceeding towards forming a new government."

blurry decisions

The researcher in Iraqi political affairs, Rahim Al-Shammari, believes that "there is a blurring of decisions, and a stream of tweets and daily statements that complicate the political scene, without committing to a clear approach, or a single plan, which makes the political situation in great dispersion, which led us to what We are on it now."

Al-Shammari added, in an interview with "Sky News Arabia", that "the existing conflict does not represent the will of the people, and there are those who put their personal interests ahead of the public interest, for example, some parties refuse the resignation of their representatives, agents and ministers who represent them, and this feature is what guides the political scene in the country." .

Observers of the Iraqi affairs believe that al-Sadr proposed a step towards a solution, as it came on the grounds that the President of the Republic was characterized by moderation, and his recent speech laid out a road map for early elections and constitutional amendments, and did not speak on a political side.

But despite this, the so-called extreme right within the coordination framework still rejects this path, and wants to form a new government, which will take upon itself the management of the country for the next stage, and the holding of early elections, while the movement will be with the fortieth visit a new round of political activity, in the hope of reaching to solutions.    link

Mot: ...... Anyone Else!!!???? ~~~~~

Mot:  ... How bout - Lets Enjoy ~~ Autumn in Hobbiton........

Read More
News DINARRECAPS8 News DINARRECAPS8

More Iraqi News Late Friday PM 9-9-22

.More Iraqi News Late Friday PM 9-9-22

Tlm724 Administrator Bondlady’s Corner

Border Crossings: More Than 333,000 Visitors Entered Iraq On Thursday

Posted On2022-09-09 By Sotaliraq Rudaw border crossings: More than 333,000 Very Happy visitors entered Iraq on Thursday The Iraqi Border Ports Authority revealed the number of visitors who entered the country yesterday, Thursday, through the border crossings.

The official spokesman for the commission, Alaa Al-Din Al-Qaisi, told Rudaw Media Network, Friday (September 9, 2022), that "the number of visitors who entered Iraq to participate in the performance of the Arbaeen ceremony of Imam Hussein, yesterday, Thursday only, reached 333,364."

More Iraqi News Late Friday PM 9-9-22

Tlm724 Administrator Bondlady’s Corner

Border Crossings: More Than 333,000 Visitors Entered Iraq On Thursday

Posted On2022-09-09 By Sotaliraq   Rudaw border crossings: More than 333,000 Very Happy visitors entered Iraq on Thursday  The Iraqi Border Ports Authority revealed the number of visitors who entered the country yesterday, Thursday, through the border crossings.

The official spokesman for the commission, Alaa Al-Din Al-Qaisi, told Rudaw Media Network, Friday (September 9, 2022), that "the number of visitors who entered Iraq to participate in the performance of the Arbaeen ceremony of Imam Hussein, yesterday, Thursday only, reached 333,364."

The official spokesman for the authority, Alaa Al-Din Al-Qaisi, explained that "this number of visitors entered through six border crossings."  It is noteworthy that the border crossings were registered from Sunday, August 14, until September 7, as follows:

Zorbatia port: 630,329 arrivals

Shalamcheh port 365200 arrivals

Sheeb port 120070 expatriates

- Munthiriya port 79,470 arrivals

Najaf airport port: 45579 arrivals

- Safwan port: 7959 arrivals

- Baghdad airport port 4406 expatriates

The total, through these ports, will be 1,262,133 arrivals, as of the seventh of September.

The numbers of departures during the above period are:

Zorbatia port 129,309 departures

Shalamcheh port 69,263 departures

Sheib port 28,606 departures

- Al-Muntheria port 4710 departures

Safwan port 5269 departures  Thus, the total number of departures through these ports is 237157.  LINK

Iraqi Businessmen Participate In An Economic Forum In Tunisia

The Iraqi Businessmen Union announced its participation in an economic forum to be held in Tunisia next month.

A statement by the federation stated that the second international forum for entrepreneurs and sustainable development will be held in the city of Bizerte in Tunisia from 21 to 27/10/2022.

He added that the forum will be held under the title (the importance of economic policies and growth strategies in keeping pace with sustainable development), noting that the event will be under the supervision of the Tunisian Minister of Tourism and the mayor of Bizerte.  https://www.radionawa.com/all-detail.aspx?jimare=31115

Iraq Presents A Vision For The 2030 Development Plan With The Belt Initiative

Economie Yesterday, 14:44  Beijing - INA - Sami Al-Jabri, the advisor of the Iraqi embassy in the People's Republic of China, Dr. Baher Mardan, presented a vision for the 2030 development plan with the Belt Initiative.

And the reporter of the Iraqi News Agency (INA) stated that "Mardan presented, in his speech in which he represented Iraq before the Chinese Forum in its third session, Iraq's future plans in sustainable development,

expressing" through his paper on the Global Development Initiative and the National Development Plan in Iraq for 2022 about the possibility of the Iraqi government. And its specialized institutions concerned with national development and its plans towards the sustainable development journey and

Iraq’s vision for 2030 by adopting a program based on development employment and a joint bilateral program with the Belt Initiative and the Global Development Initiative in light of China’s successful development experiences that deserve to be emulated.  

The Iraqi embassy advisor added that "the Iraqi government seeks to strengthen partnership with the European Union, friendly countries and agencies of the United Nations development offices to accelerate the pace of sustainable development plans in Iraq, which represent part of the United Nations agenda," stressing that

"the Iraqi government worked to prepare national development plans with the aim of reducing Among those crises and their repercussions and the challenges facing them that represent brakes on the way, including the threats of terrorist gangs of ISIS, as well as the challenge of unemployment and poverty with the challenge of the environment and problems of desertification and the challenge of the Corona pandemic and the file of anti-corruption.  

He stressed "the need to refer to the unique Chinese experience in combating poverty, which affects more than 100 million people," noting that

"the initial agreement between the Chinese International Center for Poverty Control in China and the Iraqi Ministry of Planning in the past period was the beginning of steps for joint developmental employment and cooperation in the development of knowledge expertise.".

In turn, the Chinese ambassador for Middle East issues expressed

"the mutual cooperation between China and the Arab countries as a fruitful cooperation that has taken an increasing pace, as China imports 265 million tons of crude oil from Arab countries, which is a large and important percentage.

In addition, the Chinese ambassador expressed his country's desire to work with The Arab side to continue expanding trade and improving its advantages in industry and energy with the development of the digital economy and the transfer and establishment of modern technological projects.

He called on the Chinese and Arab sides "to take the green color as a slogan and background for the upcoming economic cooperation in agriculture and others after the Corona pandemic."

In his turn, Assistant Secretary-General of the League of Arab States Khalili Al-Dhawati stressed in his speech that:

"It is imperative for us to work together to accomplish plans and achieve real development, and this requires concerted efforts."

On the other hand, the Arab League renews its support for the one-China principle and its keenness to strengthen its relations with the Republic of China.   https://www.ina.iq/165132--2030-.html

The Central Bank: Iraq Has Taken A Series Of Corrective Measures For The Anti-Money Laundering System

Sweetened Yesterday, 20:50  BAGHDAD -  The Central Bank's Anti-Money Laundering and Terrorist Financing Council confirmed today, Friday, that Iraq has taken a series of corrective measures for the anti-money laundering system, noting that

government measures contributed to the country's exit from the European Union's list of high-risk countries.

The Council stated in a statement received by the Iraqi News Agency (INA), that

"Iraq announces its readiness to start the mutual evaluation process that is being held by the Financial Action Task Force for the Middle East and North Africa, where the date for the field visit of experts has been set within the timetable prepared by the group above. During the month of August 2023.  

The statement added that "a meeting was held with a high-level representation of all concerned parties in the anti-money laundering and terrorist financing system, headed by the

Chairman of the Anti-Money Laundering and Terrorist Financing Council, the Governor of the Central Bank, in addition to the support of the Prime Minister and the President of the Iraqi Judicial Council for this important file, with (Johar Al-Nafisi). - Head of the Financial Action Task Force for the Middle East and North Africa / MENAFATF) as well as (Selman Al-Jabreen - Executive Secretary of the group),

for the purpose of showing the extent of Iraq's commitment to supporting the international assessment process of the Republic of Iraq in this aspect.  The statement indicated that

The Chairman of the Council outlined the measures taken by Iraq during the previous period, which led to Iraq’s official exit from the status of enhanced follow-up to the usual follow-up or the so-called (updating every two years), and

since the Republic of Iraq underwent the first joint evaluation process during 2012 to evaluate the anti-laundering system Funds and the financing of terrorism that were operating in accordance with the provisions of the Anti-Money Laundering Law No. 93 of 2004 (in force at the time and currently repealed), and based on the results and outputs of the evaluation report submitted by the resident experts at the time,

the Republic of Iraq was included in the gray list as a result of identifying strategic shortcomings in those The system, and

as a consequence, Iraq has taken a series of corrective measures to combat money laundering, terrorism financing and proliferation to ensure its compliance with international standards and recommendations, in light of the action plan and follow-up with the International Review Team of the Financial Action Task Force (FATF), in addition to some requirementsfor the purpose of combating these crimes.  He added that

"those procedures began with the issuance of the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 in force), which is considered one of the latest laws in the region and in compliance with international standards, in addition to the issuance of many regulations, instructions, controls, circulars and relevant guides," noting that

"the Republic of Iraq presented To the general meetings of the group (9) reports during the period between 2013-2018, which included the intensive procedures and efforts that were made in order to fulfill the identified shortcomings towards the system.

He noted that  "after discussing the above reports and completing the work plan and follow-up with the international review team with the FATF, these efforts culminated and

the field visit was achieved during June 2018 with Iraq's official exit from the enhanced follow-up status to the regular follow-up or the so-called (update every two years), especially after If we have a solid legislative base and

we have identified the regulatory and supervisory authorities for each of the sectors within that system, for the purpose of exercising their roles in controlling and supervising the related activities and following up on the compliance of the entities subject to their control and supervision to the above law and the relevant controls, and

how to tighten oversight in a way that contributes to the monitoring of activities Suspicious financial affairs and reporting this to the Anti-Money Laundering and Terrorist Financing Office on the one hand, and

on the other hand, developing capabilities in a way that enhances the increase in the number of suspicious reports submitted to the Public Prosecution and support the investigative and judicial authorities to prove whether or not money laundering and terrorist financing suspicions.  He pointed out that

"during the years from 2019-2020, work was done to take the necessary measures that demonstrate the commitment of the Republic of Iraq to the forty recommendations issued by the FATF, which culminated during early 2022 with Iraq's exit from the European Union's list of high-risk countries."  He stressed that,

"After that, to ensure adherence to the first recommendation of the recommendations and the importance of the subject, we worked to complete our procedures in the first national assessment of the risks of the anti-money laundering and terrorist financing system, by arriving at identifying each of (weaknesses and threats) at the various legislative and operational levels, and

we did not stop there. Rather, a corrective action plan has been formulated and a prioritization has been formulated in line with the results of the assessment, and

we will work to update our national strategy to combat money laundering and terrorist financing in light of those results.”  He pointed out that

"the Financial Action Group (MENAFATF) has identified the Anti-Money Laundering and Terrorist Financing Council (as the national coordinating body) for the mutual evaluation process and

there is full support from the Iraqi government, in addition to identifying the national coordinator and a substitute for him, and a technical team has been formed from all concerned parties.

They were also given all powers and support to complete this project, as the team will work to meet all the requirements of the mutual evaluation related to the two aspects (technical commitment and effectiveness evaluation) and prepare all logistical matters for the visit of the resident expert team to Iraq during 2023 and until the report is discussed in the plenary session.  https://www.ina.iq/165158--.html

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

https://www.bondladyscorner.com/

Read More
News DINARRECAPS8 News DINARRECAPS8

Friday Afternoon Iraq Parliament News Highlights 9-9-22

.Friday Afternoon Iraq Parliament News Highlights 9-9-22

Al-Sadr: Returning To Parliament Is Strictly And Absolutely Prohibited

He said that the ball is in the court of allies and independents, and the dissolution of the council is possible without the bloc

The Independent Arabic Thursday 8 September 2022 17:23 The statement said that the current "is aware of the many pressures on our allies, but the sacrifice in order to end the suffering of an entire people is also commendable and required" (AFP)

Friday Afternoon Iraq Parliament News Highlights 9-9-22

Al-Sadr: Returning To Parliament Is Strictly And Absolutely Prohibited

He said that the ball is in the court of allies and independents, and the dissolution of the council is possible without the bloc

The Independent Arabic    Thursday 8 September 2022 17:23   The statement said that the current "is aware of the many pressures on our allies, but the sacrifice in order to end the suffering of an entire people is also commendable and required" (AFP)

Today, Thursday, September 8, Muqtada al-Sadr resolved his current position on returning to the Iraqi parliament , stressing that "the Sadrist bloc has withdrawn."

Al-Sadr said in a statement by Saleh Muhammad al-Iraqi, known as "the leader's minister," that "the ball is in the allies' court to end the suffering of the people."

The statement added, "Some of the lovers are seeking, by legal means, to return the Sadrist bloc to Parliament," and pointed out that "the first expected result of the withdrawal of the Sadrist bloc is to block all ways to conform to the so-called coordinating framework, as my example does not agree with them at all," stressing that "returning The bloc to the House of Representatives has the possibility, even if weak, of finding this consensus, and it is forbidden to us.”

Al-Iraqi indicated that the return of the current to the council would be a political blockage once again, and that "there is no need for us to return, but as soon as the Sunni and Kurdish allies withdraw as well as the independents, the parliament will lose its legitimacy and will be dissolved directly."

The statement said that the movement "is aware of the large number of pressures on our allies, but the sacrifice in order to end the suffering of an entire people is also commendable and required. It is the people, not the movement, who refuse to rotate faces and re-manufacture a corrupt government again. The ball is in the allies' court, not in the court of the Sadrist bloc."

The Minister of the Leader explained that "the final opinion on the issue of the return of the Sadrist bloc to the House of Representatives is that it is absolutely and absolutely forbidden, under any pretext, as the corrupt reject a government, neither eastern nor western, with a national majority, and we categorically reject a consensual government."

read more

Will the Federal Court's decision end the Iraqi political crisis?

The political process in Iraq is on the edge of the abyss, so has hope for stability vanished?

The Iraqi Supreme Court rejects the motion to dissolve parliament

The outcomes of the national dialogue in Iraq are without a realistic balance

The statement indicated that "the dissolution of Parliament is possible without the return of the Sadrist bloc, especially with the presence of its allies in the House of Representatives and some independents who are currently on the hill," calling on allies and independents to take a "courageous stance that ends the entire crisis."

Al-Iraqi indicated that "the solution at that time will not be current, but rather the dissolution of parliament will be national, Sunni, Shiite, Kurdish and independent, so that the President and Prime Minister remain at the head of a caretaker government and to supervise early elections or with the help of others, Iraqis or internationals."

The statement stressed that "there is no need to resort to the current or framework in solving the problem, for the keys are with the first to solve and contract, not with the (politicized judiciary), nor with (the feared courts) nor with the (withdrawing chest bloc)."  LINK

The Interactions Of The Hour.. The Constitution Requires The Formation Of The Government Before Any Solution To Parliament, And The Interests Of Sunnis And Kurds Prevent Them From Withdrawing

Baghdad/The Obelisk: The Obelisk Agency published the most prominent interviews via satellite channels, Thursday 08/09/2022.

Member of the State of Law Coalition, Adel Al-Manea, during a televised interview:

- The Sadrist movement made mistakes in its speech

- The movement was convinced that the political forces are going with the framework by holding the session

- Al-Kazemi, the spoiled prime minister of the Sadrist movement

- There is a contradiction in the Sadrist movement's rhetoric

- The framework will not allow elections in the presence of the Al-Kazemi government

- There is international acceptance of the outcomes of the national dialogue

- Political interests prevent the Kurds and Sunnis from withdrawing

- Salih Muhammad al-Iraqi is a fictitious figure

- The Shiite confrontation will not happen

- There is no guarantor in Iraq at the moment except the reference

- The past two weeks have witnessed the dissolution of the political half-decade

- Parliament will hold a session after the fortieth visit

- The framework postponed the session for technical reasons related to To reform the parliament building

- the current must form a recognized committee to undertake dialogue with partners

Personalities claiming to be leaders in the movement may appear due to the lack of negotiators

Legal expert Jamal Al-Asadi during a televised interview:

- The Federal Court established a constitutional custom by its decision yesterday

- Party work in parliamentary systems is a necessity and not a desire

- Dissolving Parliament is subject to controls and is not done by moods

- Dissolution of Parliament before forming a constitutionally violating government

- Kurdish and Sunni forces are not with elections currently being held

- The Sadrist movement wants to exclude the framework by any means Method

- The status of a speaking person is one of the ways of the line of return

- The political process needs more than one guarantor

- The Federal Court has distanced itself from imposing sanctions on Parliament

- The situation in Iraq will move towards a solution within 40 days

- Parliament will hold its session within 20 days

- Early elections will not Produces a solution

- the government will not be temporary and will be led by a figure who enjoys the approval of all parties

- Kurdish and Sunni forces participated in creating the Shiite rift

The Director General of Literacy Eradication in the Ministry of Education, Muayyad Al-Obaidi, during a televised interview:

- Iraq has previous experiences in eradicating the phenomenon of illiteracy at the end of the seventies, where it succeeded in completely eradicating this scourge with the testimony of UNESCO

- The return of the spread of illiteracy in the nineties was due to wars and economic deterioration

- since 2012, more than 6 thousand centers have been opened and more than 500 thousand students have joined

The number of beneficiaries in general since the launch of the campaign in 2012 until now from all literacy programs has reached more than two million students and studies  https://almasalah.com/archives/16685

Al-Maliki's Coalition Calls On Al-Sadr's Allies To Play The Role Of Mediator Between The Current An

Article at link    https://baghdadtoday.news/ar/news/200128/A

American Efforts To Get Iraq Out Of Its Political Crisis

September 09 2022   مساع أميركية لإخراج العراق من أزمته السياسية

The importance and timing of Mrs. Lev's visit?

Barbara Leaf warned that the Iraqi political scene is "on the edge of the abyss." What does this mean for America?

Is Iraq still on Washington's security priorities, and how can American national security be threatened in the event that the situation in Iraqi politics deteriorates and heads to the "abyss"?    LINK

"The New York Times" Writes About The Repercussions Of The Clashes: One Factor Prevents The "Collapse Of Iraq"!

Baghdad - IQ    The report sheds light on the repercussions of the political crisis and its impact on basic services and the education sector in Iraq.

The report, published by the New York Times, and translated by  IQ News , notes that "the crisis is exacerbating the impact of rampant corruption on public services or the life of a quarter of the population that the government estimates live in poverty."

Report text:

On most days in the Iraqi capital, jackhammers and electric drills provide the soundtrack to a construction boom, as multi-story restaurants take shape and the new $800 million Central Bank building rises above the horizon .

But this apparent prosperity in parts of Baghdad belies what many Iraqi officials and citizens see as the crumbling foundation of the state - an oil-rich Middle Eastern country that the United States intended to be free and democratic when it led an invasion 19 years ago to topple dictator Saddam Hussein .

After the invasion, Iraq's long-marginalized Shiite Muslim majority dominated the government, and a power struggle between Shiite and Sunni political groups fueled a sectarian war.

Now, in a grave threat to the country's already fragile stability, rival Shiite armed groups, most famously linked to neighboring Iran, are fighting each other outside the control of the central government .

"Internally and externally, and at the political and security level, Iraq is now a failed state," said Saad Iskandar, an Iraqi historian. The Iraqi state cannot impose its authority on its lands or its people."

Iraq's weaknesses surfaced again sharply last week when the deadlock over forming a new government - nearly a year after the last elections - erupted into violence in the heart of the capital .

Followers of influential Shiite cleric Muqtada al-Sadr stormed the heavily guarded Green Zone in an anti-government protest after al-Sadr announced his withdrawal from politics. Then rival Shiite paramilitaries loyal to Iran on the public payroll began shooting at the protesters, and armed members of Sadr's movement appeared to fight them .

After the prime minister ordered that protesters not be shot, government security forces were largely sidelined as rival militias fought them off. After two days of fighting that left 34 people dead, al-Sadr ordered his followers to withdraw from the Green Zone, restoring an uneasy calm .

The roots of the violence lie in the deadlock over government formation that has persisted since the elections in October 2021. Sadr's followers won the largest bloc of seats in parliament, although this was not enough to form a government without coalition partners.

When he failed to form a governing coalition, the main Iran-backed parties with paramilitary wings—Shiite political rivals to Mr. Sadr—intervened and tried to marginalize him .

Then al-Sadr turned to his power in the street rather than sitting at the negotiating table, and ordered his followers to set up a protest camp in Parliament—a tactic he used in the past .

“If we discuss post-2003 Iraq, we have to say that it has never been a functioning state,” said Maria Fantabi of the Center for Humanitarian Dialogue, a conflict management organization based in Switzerland. We've never had a prime minister with complete control over our security forces or borders."

Iraq has not collapsed thanks in large part to the country's vast oil wealth. But most citizens never see the benefit of this wealth, as they suffer daily electricity cuts, dilapidated schools, and a lack of health care or even clean water .

Last month, respected Finance Minister Ali Allawi resigned with a stark warning that staggering levels of corruption were draining Iraq's resources and posing an existential threat .

"Extensive secret networks of high-ranking officials, corrupt businessmen and politicians are working in the shadows to control entire sectors of the economy and literally withdraw billions of dollars from the public treasury," Allawi wrote in his resignation letter to the prime minister. "This gigantic octopus of corruption and deceit has reached every sector of the country's economy and institutions: it must be dismantled at any cost if this country is to survive."

Allawi, who also served as finance minister in 2006, said he was shocked to see "to what extent the machinery of government has deteriorated" under the dominance of special interest groups linked to various countries in the region .

“You have people who travel to Tehran, travel to Oman, travel to Ankara, travel to the United Arab Emirates, travel to Qatar,” he said in an interview with the New York Times in June. Previously, they used to fly to Washington, but they no longer do that."

Meanwhile, the United States has increasingly withdrawn from the Arab world, focusing primarily on containing Iran and promoting normalization with Israel. For years, the country, which has been the target of hostility due to its occupation of Iraq, appears to be losing importance as Shiite militias fight for supremacy .

Iraq is located on the fourth largest oil reserves in the world, and oil revenues fueled corruption and supported the economy .

According to government and local officials, militias and tribal groups are draining customs revenue from the Iraqi port of Umm Qasr on the Gulf. The crossings along the 1,000-mile border with Iran are another source of illicit revenue.

Iran-backed militias in Iraq control sectors such as scrap metal, extort payments for protection from companies, and government contracts are another major source of corruption .

The Iraqi Ministry of Health, traditionally run by officials loyal to Mr. Sadr, is the monopoly buyer of nearly half of the medicines imported into Iraq, and is considered one of the most corrupt, according to Iraqi officials and outside experts .

Three years ago, Alaa Alwan, a former official at the World Health Organization, resigned as health minister, saying he could no longer fight corruption in the ministry or ward off threats .

In his June interview when he was still finance minister, Mr. Allawi described a country that had essentially become ungovernable .

"You can do nothing but manage the day-to-day affairs, given that in this country, there is a crisis every day," he said.

With the war in Ukraine causing oil prices to soar, state revenue recently came from oil exports - a lack of diversification that could prove disastrous as the world increasingly turns to alternative energy sources .

But with ministries dysfunctional and central government weak, there is no real effort to improve public services or the lives of a quarter of the population that the government estimates live in poverty .

Large parts of the country suffer from a lack of electricity or clean water, an ongoing crisis that fueled widespread protests three years ago, which led to the downfall of the government .

Few sectors are so blatantly dysfunctional as the country's once-respected education system. For nearly seven years, thousands of temporary teachers have been working without pay, waiting for an opportunity to be hired by the Ministry of Education. The ministry has now started making payments .

Schools are so overcrowded that they work in shifts, offering only half a day of classes to students. Many schools lack running water or adequate toilets. Most of them are lucky if they have fans at half the boiling point.

More than half of Iraqi students drop out before high school. In Baghdad and other cities, out-of-school children push wooden carts in outdoor markets or water bottles to drivers in traffic.

“ We have not received new textbooks this year,” said Umm Zahra, a primary school teacher who was doing paperwork at the Ministry of Education this week. "We are trying to use old names," she added, saying she did not want to reveal her full name because she did not have her husband's permission to speak .

Umm Zahra said her own neighborhood in Baghdad, the second largest city in the Middle East, had not had regular running water since 2014 .

There is so little confidence in the political system that voter turnout in Baghdad was about 30 percent in the last elections.

Many expect the same corrupt politicians to remain in power thanks to the post-2003 regime that guarantees key positions to specific religious and ethnic groups .

With neighboring Iran and Turkey frequently violating Iraqi sovereignty, the weakness of the Iraqi government and state institutions poses a threat to regional stability — as happened in 2014 when the Iraqi army collapsed in the face of an Islamic State offensive that occupied large parts of the country .

Historian Iskandar said Iraq's instability can be traced back to before Saddam's overthrow, when it lost control of some of its borders and territory in the Iran-Iraq war. But he said he still had hope that the country could survive "Changing leaders - changing generations - is the only way," Iskandar said.

https://www.iqiraq.news/political/41896--.html

Read More
News DINARRECAPS8 News DINARRECAPS8

Friday Afternoon Iraqi Economic News Highlights 9-9-22

.Friday Afternoon Iraqi Economic News Highlights 9-9-22

The New York Times: Iraq's oil wealth is breathing its last after corruption spreads in all ministries[

Baghdad / Obelisk: According to a report by the American newspaper New York Times, Thursday 08/09/2022, the state in Iraq cannot provide the simplest basic services to its citizens due to the catastrophic scale of corruption rampant in all the joints of the ministries.

In its report, the newspaper quoted the Iraqi historian Saad Iskandar as saying: Internally and externally, at the political and security levels, the governments are failing and have not been able to extend their authority over their lands or their people.

Friday Afternoon Iraqi Economic News Highlights 9-9-22

The New York Times: Iraq's oil wealth is breathing its last after corruption spreads in all ministries[

Baghdad / Obelisk: According to a report by the American newspaper New York Times, Thursday 08/09/2022, the state in Iraq cannot provide the simplest basic services to its citizens due to the catastrophic scale of corruption rampant in all the joints of the ministries.

In its report, the newspaper quoted the Iraqi historian Saad Iskandar as saying: Internally and externally, at the political and security levels, the governments are failing and have not been able to extend their authority over their lands or their people.

The report added that the credit for not collapsing Iraq is largely due to the enormous oil wealth of the country. But most citizens never see the benefit of this wealth, suffering from daily power cuts, dilapidated schools, and a lack of health care and even clean water.

He added that the Iraqi Ministry of Health, which is usually run by officials from one of the major political blocs, is considered one of the most corrupt ministries.

With oil prices soaring due to the war in Ukraine, state revenue has recently risen from oil exports but there are no real efforts to improve public services or life for a quarter of the population the government estimates live in poverty.

The report indicated that the education sector suffers from a flagrant dysfunction. For nearly seven years, thousands of temporary teachers have worked without pay, waiting for an opportunity to be appointed by the Ministry of Education without result.

He added that more than half of Iraqi students drop out before high school in Baghdad and other cities. Children who have left school push wooden carts in outdoor markets or sell water bottles to drivers in traffic. Translation by Sajjad Al-Khafaji  Source (https://tinyurl.com/486rbkv6)

https://almasalah.com/archives/16695

The House Of Representatives Denies Spending Billions Of Dinars To Maintain Its Building

Political | 02:12 - 09/09/2022   Baghdad - Mawazine News, today, Friday, the House of Representatives denied the news that billions of dinars were spent for the maintenance of its building.

The parliament's media department said in a statement, "Some social media pages circulated news about the parliament spending billions on the parliament building."

The statement added, "In this regard, the media department in the House of Representatives would like to show that all that was circulated in this regard is baseless and baseless news, and that most of what was done was to re-clean and periodic maintenance of the parliament building did not cost anything and from the regular budget of the Council and not Special financial allocations for this purpose, as the cadres of the General Secretariat of the Council were relied upon.

The statement called on the media to "be careful in reporting news and to rely on official sources." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=204948

Sumo: We Are Receiving Requests To Increase The Quantities Of Iraqi Oil Exported To Asia

The Iraqi Oil Marketing Company "SOMO" confirmed today, Friday, that it had received requests to increase the quantities of Iraqi oil exported to Asia, while noting that the OPEC agreement affected the increase in revenues entering the country.

The company's general manager, Alaa Al-Yasiri, told the Iraqi News Agency (INA), that "Russia is currently actually present in Asia as a competitor, but it will not affect the presence of Iraq, as the Oil Marketing Company has contracted with major government companies in major crude oil consuming countries."

Al-Yasiri added, "Iraq is in contract with almost all government refineries in China, as well as with government refineries in India, and these countries are not willing to risk abandoning Iraqi crude oil because they are sure that Russian crude from an economic point of view is better for it to go to Europe because the distance The pipeline network and the cost of transportation all have effects. In the event that the problem between Russia and Ukraine ends, the Russian exporter does not prefer sending crude to Asia and will send it to Europe.

As for Iraq, it prefers to send its crude oil to Asia because they see that the future is with Iraqi crude and they will not give it up at a time when they are buying Quantities of markets in order to raise their stocks, but so far none of our customers has requested canceling the contract, on the contrary, there is a request to increase quantities in Asia.”

And he continued, "Iraq has not had a reduction for a while, and now it exports all the quantities available for export and there is no problem, and all the quantities produced in excess of the domestic need available for export are completely exported," noting that "the OPEC agreement affected raising the revenues that enter Iraq." .

He continued: "In previous periods, the revenue from exports to the Ministry of Finance ranged between one and a half billion and two billion before the agreement, but after it, prices began to recover and reached $60 and $70, and during the Ukrainian crisis the price reached $100, so the revenue thus exceeded 11 billion." dollars a month, and now we've made $82 billion."

He pointed out that "the Oil Marketing Company targets all refineries in all countries of the world and all markets, and it contacts all the companies that own the refineries and offers them Iraq's oil, and in the absence of contracts, they are met through seminars that the company conducts once or twice during the year."

And he stated, "The seminars are large, and the company invites all international companies to attend them." Next year, there will be an increase in quantities and a change in the type of crude oil purchased.”

He pointed out that "some companies may want to change heavy oil to medium and vice versa, and some companies have objections that must be taken into account with regard to fines, logistics and docks, and most important of all are the specifications of the crude sold," adding: "We have committees that form For the purpose of determining quantities and buyers for the coming year.

He noted that "Iraq for three years is the first supplier of crude in India, as it imports from many countries as one of the large countries, as well as China, but now it is said that this year will be the competitor to Iraq, Russia in this market, but Iraq is still the largest supplier to the market." ".

He continued: "Saudi Arabia is a major exporter and producer of crude oil and a very important competitor, and it has a presence in all markets through large investments, not only through the commercial relationship in buying and selling, but they have investments in various refineries in the world. Among their conditions in these investments is that the oil that is used in This refinery must be in a certain proportion purely Saudi, as it is a competing country, but the market needs Saudi and Iraqi oil.”

He stressed, "The relationship of Iraq and Saudi Arabia is very good in terms of oil, and also the relationship in OPEC is good, and all decisions taken have coordination, and Iraq is usually supported in the issues in which an agreement occurs."

He concluded by saying: "As for the ministerial meetings, the Saudi prince, the minister, and the one before him always communicate, considering that the Iraqi oil minister is very important and influential in making decisions, so most decisions are discussed with the ministers for the benefit of the two countries because the benefit is mutual."   https://www.ina.iq/165133--.html

The Minister Of Transport Discusses With The French Ambassador The Realization Of The "Iraqi Dream"

Reconstruction and building

Economy News – Baghdad   The Minister of Transport, Nasser Al-Shibli, said, on Thursday, that the suspended train project, which he described as "the dream of the Iraqis", will extricate the capital, Baghdad, from the "bitter reality" it suffers from.

The Ministry of Transport said in a statement, "The Minister of Transport, Captain Nasser Hussein Bandar Al-Shibli, received today, Thursday, the French ambassador to Iraq, Eric Chevalier, to discuss the implementation of the suspended train project."

The statement quoted Al-Shibli as saying that "this project is one of the important projects in the capital, Baghdad, as it will remove the bitter reality that the capital Baghdad suffers from, which is the traffic jams and the large number of cars and their importation. ".

The meeting also touched on "many important aspects that focused on joint cooperation in several areas related to transport and contributing to facilitating the preparation of projects and proposals that serve the two countries."

The Minister of Transport stressed that "the ministry is continuing to study the mechanism for implementing the project to reach tangible results that will realize the dream of the Iraqis."

Views 116   Added 09/08/2022 - 4:27 PM   Update 09/09/2022 - 2:19 PM  

https://economy-news.net/content.php?id=29617

Iraq Market: More Than 3 Billion Shares Traded In A Week

Money and business   Economy News – Baghdad [size=21]The Iraqi Stock Exchange organized during the first week of September 2022 five trading sessions from Sunday 04/09/2022 to Thursday 08/09/2022.   According to a statement to the market, the following indicators were achieved during this week:

1. The number of shares traded during this week reached more than (3) billion shares.

2. The value of traded shares this week amounted to more than (5) billion dinars.

3. The trading index closed in the market for the first session of the week at (592.35) points, while the index closed at the end of the week at (592.10) points, achieving a decrease of (0.04%) from its closing in the first session.

4. During the week, more than (2600) buying and selling contracts were executed on the shares of companies listed in the market.   69 . views   Added 09/08/2022 - 4:42 PM   Update 09/09/2022 - 2:32 PM

https://economy-news.net/content.php?id=29618

Saleh: The Idea Of ​​Converting 4 Ministries To A Self-Financing System Needs Legal Amendment

Money and business   Economy News _ Baghdad   The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Tuesday, that the idea of ​​converting 4 ministries to the self-financing system needs a legal amendment.

Saleh said in an interview with "Al-Sabah" newspaper, which was seen by "Economy News", that "the idea of​​converting 4 ministries into a context that is somewhat similar to self-financing, needs a major legal amendment, because the budget and exchange units are completely central."

And he indicated that "the idea put forward by Counselor Haitham al-Jubouri is to convert some ministries into revenue, and these revenues cover current operational expenses, as the operational aspect includes current expenses that include employment and salaries."

He explained that "the current budget has two parts: the first is to operate the administration of the public office and its costs, and the other part is salaries and wages, and the latter is paid into the federal general budget through the operating budget that pays salaries, wages and the cost of operating the budget, which is called, according to the financial literature, the current budget."

Saleh reiterated that “the proposed idea needs a legal amendment to transform these ministries into revenue ministries, meaning that their services are paid for as if they are a private sector, and this collection pays as salaries to its employees and covers its expenses instead of taking fees and taxes that go as central revenues, and therefore it will be a decentralized revenue, and this ( A hybrid context) because we have self-financing units that are subject to quasi-market rules governed by the provisions of the Public Companies Law No. 21 of 1997 and that these companies make profits that are costs and revenue and work on a revenue-equivalent point that covers the costs with everything in it, so this pattern is called (hybrid public finance) You need to amend a law that entails rights and duties related to retirement and others that reduce public revenues as a cost.

https://economy-news.net/content.php?id=28948

Its Godfather Is A Minister And A Deputy..A Deal To Seize Maintenance Contracts For Iraqi Airways

Posted On2022-09-08 By Sotaliraq   On Wednesday, Representative Alia Nassif denounced that a member of the House of Representatives took advantage of his position in the parliament by deluding the Minister of Transport that he was able to silence the voices that revealed corruption files in the Ministry of Transport during his tenure of the ministry.

Nassif said in a statement that she received "The Information", a copy of it, that "this deputy claimed that he had a relationship with one of the heads of the parliamentary blocs and one of the representatives who revealed major corruption files related to the work of the ministry despite the pressures put on him to close it,

and (the corrupt representative) And in cooperation with the Minister of Transport in the caretaker government, to seize the maintenance contract for Maintenance Center No. (1) belonging to the General Company for Iraqi Airways through one of the companies and without right in order to benefit from it at the expense of public money, according to what is published on the Iraqi Airways website The official website was posted on Facebook on 9/5/2022, in exchange for closing the corruption files belonging to the minister, according to this deputy’s claim.

She added, "Such behaviors and actions have nothing to do with the parliamentary work and are considered perjury of the oath that the representative swore before everyone in preserving the rights of the people and preserving public money from waste."   LINK

Read More
News DINARRECAPS8 News DINARRECAPS8

Friday AM Iraqi Economic News Highlights 9-9-22

.Friday AM Iraqi Economic News Highlights 9-9-22

Iraq Is The Third In The Arab World And Thirty In The World With Gold Reserves

Economie 2022-09-09 | 04:50 255 views Statistics from the World Gold Council showed that the reserves of the world’s central banks of the yellow metal amounted to 35,393 thousand tons by the end of July 2022.

According to those statistics, Iraq ranked third in the Arab world, and thirty in the world, with reserves amounting to 130.4 tons until the end of last July. The Deputy Governor of the Central Bank, Ammar Khalaf, had previously indicated to an increase in gold reserves by 30 tons.

Friday AM Iraqi Economic News Highlights 9-9-22

Iraq Is The Third In The Arab World And Thirty In The World With Gold Reserves

Economie   2022-09-09 | 04:50   255 views   Statistics from the World Gold Council showed that the reserves of the world’s central banks of the yellow metal amounted to 35,393 thousand tons by the end of July 2022.

According to those statistics, Iraq ranked third in the Arab world, and thirty in the world, with reserves amounting to 130.4 tons until the end of last July.  The Deputy Governor of the Central Bank, Ammar Khalaf, had previously indicated to an increase in gold reserves by 30 tons.

Khalaf told the official agency, "The rise in the Central Bank's reserves came as a result of the rise in international oil prices, and this is reflected in the rise in reserves," expecting that "the reserves will reach 90 billion dollars by the end of this year."

He added that "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, as it increased by about 30 tons, and this led to a higher classification of Iraq globally."   He stated that "gold is not increased continuously, but rather through long periods    LINK

Oil Prices Are Rising Again

Economie   2022-09-09 | 04:28   765 views    Oil prices rose today, Friday, supported by investor interest in Russia's threat to halt oil and gas exports to some buyers, but crude is heading for a second weekly decline, with demand affected by large interest rate increases by central banks and the impact of restrictions related to the Corona virus in China.

Brent crude futures rose 22 cents, or 0.3 percent, to $89.37 a barrel by 0635 GMT. While US West Texas Intermediate crude futures rose ten cents, or 0.1 percent, to $ 83.64.

"Basically, the sharp decline in the US Strategic Petroleum Reserve indicates that short supply remains a problem in physical oil markets, but recession fears may continue to pressure," said Tina Teng, an analyst at CMC Markets Financial Services. .

The two benchmark oil benchmarks are heading for a weekly decline of 4 percent, with the market dropping at some point this week to its lowest level since January.

Related Articles

This drop has been hampered by clear supply shortages amid Russia's threat to cut oil flows to any country that supports a cap on its crude price, a small production cut by OPEC and its allies, and a weaker outlook for oil production growth in the United States.

The US Energy Information Administration said on Thursday that it expects US crude production to rise by 540,000 barrels per day to 11.79 million barrels per day in 2022, down from previous expectations of an increase in production by 610,000 barrels per day.

Analysts said that in light of supply expectations, the selling, which reduced the 50-day moving average to below the 200-day moving average in the middle of the week, may be exaggerated, as demand in China, the world's largest oil importer, could increase recover quickly.

"Chinese demand is more difficult to predict, but the reopening after Covid has previously seen a decline rather than a gradual increase in demand," said National Australia Bank  analysts.    LINK

Pharmacists Syndicate: Iraq Is At The Bottom Of The Health Reality Among Arab Countries

Political | 10:43 - 08/09/   Baghdad - Mawazine News, the head of the Iraqi Pharmacists Syndicate, Mustafa Al-Hiti, counted today, Thursday, the number of pharmacists in Iraq, while noting that Iraq is at the bottom of the health reality in the Arab countries.

Al-Hiti said, "Iraq suffers from a surplus in the number of pharmacists, as the actual need is 16,000, while we have more than 30,000 pharmacists."

He added that "there are colleges of pharmacy in Iraq whose dean does not have a doctorate, while others do not have professors who hold this degree, and this is not true, as there is no interest in this file."

And he indicated that "Iraq is below the health reality in the Arab countries, so there is no real support for the Ministry of Health, and its funding is very weak."   https://www.mawazin.net/Details.aspx?jimare=204922

Neither New Projects Nor Appointments” .. Iraq Has Repeatedly Experienced A “Dangerous Experience” Over Recent Years

Posted On2022-09-09 By Sotaliraq   The delay in approving the general budget has become a common thing in Iraq. Political and security instability, discussions and objections to it made Iraq’s budget delay for several months at the beginning of each year, turning into a mirage during 2022 in light of the inability to form a government.

The lack of approval of the budget for the current year has caused damage to economic development in the country due to the disruption of investment projects and this will be reflected in an increase in the unemployment rate and raise poverty indicators, according to specialists.

Not approving the budget is a “dangerous” experience

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, described the failure to pass the budget as a “dangerous” experience, indicating the continuation of exchange operations for public expenditures 1/12 for the next year 2023.

He said that "the economic cycle depends on government sources and therefore cannot be stopped, as the cessation of government spending ends life in Iraq, and it can be called "financial suicide", which is rare."

Saleh added that “exchange and spending operations will be 1/12 according to the year 2022 and will also include ongoing incomplete projects without new investment projects,” stressing that “the lack of approval of the budget indicates instability and lack of political security, and that a country that passes without a budget is considered a dangerous experience.” .

He continued, "Whenever the financial budget is disrupted, it means new projects that do not exist, new appointments that do not exist, disruption of government programs and a decline in economic development in general."

No new projects

The spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said that “it is not possible to include new projects without a budget law, while the existing ongoing projects will be according to the Financial Management Law for the year 2019 and will be spent on them according to the percentages of completion and according to the terms of work.”

He added that "there are more than 6,000 projects under implementation, for which allocations are granted according to the stages of completion, distributed over all Iraqi governorates."

market contraction

The economist, Basem Jamil Antoine, considered that “there is no crisis in public expenditures, whether it is salaries or spending on ongoing projects in the event that the budget is not approved, but the problem lies in economic development, where there is no presence of new investment projects, which is a long period of two years.”

And Antoine continued, "The lack of projects will reflect on the market, and there will be stagnation, austerity and a major economic downturn," noting that "the private sector will not move and only salaries will remain moving in the market, while there are more than 8 million working in the market and living on the ongoing investment business. All of this will affect the increase in unemployment and the rise in poverty in Iraq.”

Food security is palliative and not treated

Economic expert Salam Sumaisem says that "the absence of an investment budget will be a defect in the general budget because the developmental aspects of society will stop."

She explained that "the existence of the Food Security Law is an urgent solution, although it gives a partial solution to address the economic aspects that suffer from paralysis due to the lack of approval of the budget, but it is considered as a pain reliever, but it is not treated, but it helps some thing to pass the stage."

And the Speaker of the Iraqi Parliament, Muhammad al-Halbousi, warned earlier last month of expected economic crises that Iraq would face if the crisis continued, noting that there are 80 trillion Iraqi dinars (50 billion dollars) in financial surplus from the revenues of oil exports for the current year, which are frozen and cannot be spent due to lack of Approval of the budget for the year 2022.

Al-Halbousi added that the financial management law, which will continue to manage the country’s financial affairs in case the 2023 budget is not approved, will not allow any additional financial spending, which will put the country in front of major economic crises from the year 2022. Political crises in the country and the disruption of constitutional institutions.   LINK

Where Is The Ministry Of Water Resources? A Report Criticizing The Poor Response To Drought In Iraq

Posted On2022-09-09 By Sotaliraq   The British newspaper "The Guardian" criticized the Ministry of Water Resources in Iraq for its failure to deal with the repercussions of the drought that hits the country's fertile lands and turns it into a barren desert, with devastating consequences for the lives of farmers who make up 18% of the population.

The British newspaper began its report, which was published today, Wednesday, in English, by saying that the green land is turning into a barren desert in the Fertile Crescent region of Iraq, due to water scarcity, while the 8,000-year-old irrigation system, in addition to poor management, exacerbates the The effects of drought, crop death and livestock mortality.

The British report dealt with the story of the farmer Abdul Hadi Muzhir, who was digging a well on his farm, 16 meters deep in the ground, but despite this depth, not a single drop of water appeared, indicating that Iraq witnessed a dry summer season, but the Muzher family has been in this place for four generations. She lives on growing wheat, vegetables and raising cows, and considers this year to be particularly exceptional.

The report quoted Mezher, 35, as saying that "the green land has turned into a barren desert. I don't remember seeing anything like this in my life."

The report pointed to a decline in the water level in the Tigris and Euphrates rivers, where the ancient civilizations of Mesopotamia flourished on their banks 8000 years ago.

The British report indicated that government officials say that the reason behind this is the spread of water dam projects in the sources in neighboring Turkey and Iran, which represents a long-term problem, but it is exacerbated by the mismanagement of water resources and the increasing decline in the amount of rainfall.

After the report mentioned that Iraq is considered the fifth country most exposed to the climate crisis, and that it is at the same time an oil-rich country that generates revenues of $ 10 billion per month, it pointed to the spread of corruption and the failure of governments to prepare to deal with what experts warn is coming.

The report quoted Iraqi water engineer Nazir Al-Ansari, a professor at Lulea University of Sweden, as saying that "the officials do not look at the future of the country, and that all that matters to them is the extent to which they benefit from the positions they occupy," adding that "the people who took over the Ministry of Water (Resources) They have no experience."

Al-Ansari considered that the rainfall in Iraq will decrease by 15-20% during the current century, which means that the water in the Tigris and Euphrates rivers will decrease by up to 73%, which will have serious repercussions on groundwater levels.

However, the British report considered that the consequences were already devastating for farmers who depend on river water. For example, Muzhar crops did not achieve the hoped-for success during this year, which made his family of 13 people, without financial income, and forced him to start selling his meager cows. For a small amount compared to its usual price.

The report quoted Mezher as saying, "The main responsibility lies with the government to secure the infrastructure...there is no planning and no support for farmers."

According to the report, the agricultural sector has deteriorated for decades due to conflicts, lack of investment and global warming, while farmers’ profit margins have been declining due to increased expenditure costs and agricultural import prices, adding that the Iraqi government, instead of resorting to developing the agricultural sector, has reduced the area of ​​land allocated for agriculture by an amount The current half of the year in the context of dealing with the phenomenon of drought, which represents a painful blow to the agricultural sector, which occupies 18% of Iraqis.

The report pointed out that the Mezher farm is located to the west of the ancient city of Babylon, whose empire was established during the second millennium BC through King Hammurabi's expansion of irrigation networks during the Sumerian era, adding that Iraq still depends on the same irrigation methods.

In this context, Al-Ansari said that the irrigation techniques currently used, which were used 8,000 years ago, have very high water loss rates.

The report indicated that irrigation water flows through a network of open channels, which leads to an increase in evaporation rates when temperatures exceed 50 degrees Celsius during the summer. The report continues that more water loss occurs when water reaches the fields, as farmers use flood-reliance techniques, instead of drip irrigation or the more accurate and economical sprinkler.

The report goes back to the Mezher farm, where crops withered, including the grass intended to feed livestock, noting that one of the cows was so lean that it could not stop standing while its calf was begging for milk that it was unable to produce.

It's the first victim, but I expect more by the end of the summer," Mezher said, pointing to his cow.

Because Mezher could not afford the cost of fodder, he sold 11 of his 17 cows for less than $20 each, even though the price of each one is usually between $800 and $1,000.

The British report concluded by noting that water scarcity has exacerbated old tensions between farms located on irrigation canals, as accusations are being made that water diversions are being carried out to a greater extent than is acceptable. Oversight by the government to impose penalties on those who use excessive water.”

The report concluded by saying that tens of thousands of people in southern Iraq have already been displaced due to the scarcity of water, with many taking refuge in crowded cities facing a lack of jobs and services, which is causing unrest.

However, Mezher still refuses to give up the farm, saying, "This is the land of my ancestors." LINK

Read More
News DINARRECAPS8 News DINARRECAPS8

Iraqi News Friday AM 9-9-22

.Iraqi News Friday AM 9-9-22

Tlm724 Administrator Bondlady’s Corner

Iraq Offers Condolences To The United Kingdom On The Passing Of Queen Elizabeth Ii

political| 12:08 - 09/09/2022 Baghdad - Mawazine News, today, Friday, Iraq offered condolences to the United Kingdom on the departure of Queen Elizabeth II.

The ministry said in a statement received by Mawazine News, a copy of it, that "the Iraqi Ministry of Foreign Affairs extends its deepest condolences and sympathy to the government of the United Kingdom and its friendly people, on the passing of Queen Elizabeth II, who had a presence in the most important historical, social and political stations of the kingdom and its friends."

Iraqi News Friday AM 9-9-22

Tlm724 Administrator Bondlady’s Corner

Iraq Offers Condolences To The United Kingdom On The Passing Of Queen Elizabeth Ii

political| 12:08 - 09/09/2022   Baghdad - Mawazine News, today, Friday, Iraq offered condolences to the United Kingdom on the departure of Queen Elizabeth II.

The ministry said in a statement received by Mawazine News, a copy of it, that "the Iraqi Ministry of Foreign Affairs extends its deepest condolences and sympathy to the government of the United Kingdom and its friendly people, on the passing of Queen Elizabeth II, who had a presence in the most important historical, social and political stations of the kingdom and its friends."    https://www.mawazin.net/Details.aspx?jimare=204940

The Currencies Of These Countries Will Change Shape After The Death Of Queen Elizabeth

the scientist| 01:35 - 09/09/2022   Follow-up - Mawazine News   After the death of Queen Elizabeth II, changes are expected to be made in the form of banknotes and coins, in the countries subject to the British crown, whose currencies were marked by the faces of British kings.

The currencies of Britain, Canada, Australia, New Zealand, Jamaica, and the Central Bank of the Eastern Caribbean, and the rest of the Commonwealth countries, are expected to change their current shape, to bear the face of King Charles, the successor of the late Queen.

This change in the form of the currency will not be immediate, and the current currencies will continue to be used, and they may be gradually replaced.

The Bank of England issued a statement, yesterday, Thursday, confirming that banknotes containing images of Queen Elizabeth II will remain legal tender after her death, and that it will make another announcement regarding the current banknotes after the mourning period ends.

It is scheduled to carry banknotes of different denominations in Britain, the image of the new king, and gradually replace the old.

In the monarchy, it is customary for the king's face to appear in the opposite direction to the face of his predecessor. As such, the left side of King Charles' face will appear on UK coins, as the coin had the right side of the late Queen's face.

Although the Queen assumed the British throne in 1952, she did not appear on banknotes until 1960, when her portrait first appeared on the 1 pound note, and her portrait later appeared on the rest of the banknotes.

In Australia, most Australians did not see any other face on their coins, other than Queen Elizabeth. For decades, the Queen's portrait has been an important reminder of Australia's relationship with the royal family and its status as a constitutional monarchy.

It is expected that the Queen's portrait will remain on coins, the Australian $5 bill, for some time, and a gradual transition to King Charles coins. It is also possible for currencies bearing the image of both to be traded together.

Since 1966, more than 15 billion pieces of coins have been minted in Australia, most of them bearing the image of Queen Elizabeth, but after her death, according to the Reserve Bank of Australia, all coins and banknotes issued by it since 1913, including Bearing the portrait of the late queen, it retains its legal status as the country's currency.

"The king traditionally appears on the lowest denomination of Australian banknotes, and we expect this to continue in the event of a change of king," an Australian Reserve spokesman said.

"We will plan to update the design of the $5 banknote, in due course...Creating a new design for the new banknote is a complex process," he added.

In Canada, the central bank said the current $20 banknote, which features Queen Elizabeth's portrait, is set to circulate for years to come, and that there is no legislative requirement to change the design during a certain period when the monarch changes.

According to some experts, it is expected that the face of King Charles will appear on the Canadian currency within a year or two, according to the plans of the authority responsible for the minting.

The Queen appeared in the first series of Bank of Canada banknotes when she was a child in 1935. Ended

https://www.mawazin.net/Details.aspx?jimare=204945

Al-Kazemi's Advisor: OPEC's Policy Will Help Stabilize Prices Instead Of Oversupplying The Market

Energy   Economy News – Baghdad The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said, on Thursday, that the process of reducing some quantities produced from the quotas of members in OPEC, is subject to a standard formula to be agreed upon unanimously by the members.

Saleh added in an interview with the official news agency, "The future of the oil market is based on a bet based on the quantities produced and oil prices, and the goal is to strike a balance between the desired supply and demand and to address the market glut."

He continued, "OPEC's policy of reducing the excess supply of what the oil markets believe, will help stabilize prices instead of market glut, and continue with high supply, which is offset by a continuous decline in prices and losses in financial returns that are unknown."

Saleh expressed his hope that setting production quotas for the country's oil would not lead to negative effects on the expected financial returns.   Views 99     Added 09/08/2022 - 7:27 PM  Update 09/09/2022 - 4:24 PM https://economy-news.net/content.php?id=29620

Sumo: The OPEC Agreement Affected The Increase In Revenues Entering Iraq

Political | 04:09 - 09/09/2022  Baghdad - Mawazine News  The Iraqi Oil Marketing Company "SOMO" confirmed today, Friday, that it had received requests to increase the quantities of Iraqi oil exported to Asia, while noting that the OPEC agreement affected raising the revenues entering the country.

The company's general manager, Alaa Al-Yasiri, said that "Russia is currently present in Asia as a competitor, but it will not affect the presence of Iraq, as the Oil Marketing Company has contracted with major government companies in major crude oil consuming countries."

Al-Yasiri added, "Iraq is in contract with almost all government refineries in China, as well as with government refineries in India, and these countries are not willing to risk abandoning Iraqi crude oil because they are sure that Russian crude from an economic point of view is better for it to go to Europe because the distance The pipeline network and the cost of transportation all have effects.

In the event that the problem between Russia and Ukraine ends, the Russian exporter does not prefer sending crude to Asia and will send it to Europe. As for Iraq, it prefers to send its crude oil to Asia because they see that the future is with Iraqi crude and they will not give it up at a time when they are buying Quantities of markets in order to raise their stocks, but so far none of our customers has requested to cancel the contract, on the contrary, there is a request to increase quantities in Asia.”

And he continued, "Iraq has not had a reduction for a while, and now it exports all the quantities available for export and there is no problem, and all the quantities produced in excess of the domestic need available for export are completely exported," noting that "the OPEC agreement affected raising the revenues that enter Iraq." .

He continued: "In previous periods, the revenue from exports to the Ministry of Finance ranged between one and a half billion and two billion before the agreement, but after it, prices began to recover and reached $60 and $70, and during the Ukrainian crisis the price reached $100, so the revenue thus exceeded 11 billion." dollars a month, and now we've made $82 billion."

He pointed out that " And he stated, "The seminars are large, and the company invites all international companies to attend them." Next year, there will be an increase in quantities and a change in the type of crude oil purchased.”

He pointed out that "some companies may want to change heavy oil to medium and vice versa, and some companies have objections that must be taken into account with regard to fines, logistics and docks, and most important of all are the specifications of the crude sold," adding: "We have committees that form For the purpose of determining quantities and buyers for the coming year.

He noted that "Iraq for three years is the first supplier of crude in India, as it imports from many countries as one of the large countries, as well as China, but now it is said that this year will be the competitor to Iraq, Russia in this market, but Iraq is still the largest supplier to the market." ".

He continued: "Saudi Arabia is a major exporter and producer of crude oil and a very important competitor, and it has a presence in all markets through large investments, not only through the commercial relationship in buying and selling, but they have investments in various refineries in the world.

Among their conditions in these investments is that the oil that is used in This refinery must be in a certain proportion purely Saudi, as it is a competing country, but the market needs Saudi and Iraqi oil.”

He emphasized, that " He concluded by saying: "As for the ministerial meetings, the Saudi prince, the minister and the one before him always communicate, given that the Iraqi oil minister is very important and influential in making decisions, so most decisions are discussed with the ministers for the benefit of the two countries because the benefit is mutual."    https://www.mawazin.net/Details.aspx?jimare=204955

Iraq's Gold Reserves Rise To 130.4 Tons

Political | 02:40 - 09/09/2022   Follow-up - Mawazine News, Iraq's gold reserves rose to 130.4 tons.

The statistics of the World Gold Council showed that the reserves of the world's central banks of the yellow metal amounted to 35,393 tons by the end of July 2022.

According to those statistics, Iraq ranked third in the Arab world, and thirty in the world, with reserves of 130.4 tons until the end of last July. Ended   https://www.mawazin.net/Details.aspx?jimare=204949

Dollar Exchange Rates Against The Dinar

Economie| 10:39 - 09/09/2022   Baghdad - Mawazine News   The dollar exchange rates witnessed stability today, Friday, on the Iraqi Stock Exchange.

And the selling prices of the dollar were recorded at 147,900 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147,800 dinars per 100 dollars. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=204932

 

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

https://www.bondladyscorner.com/

Read More
Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Friday Morning 9-9-2022

.TNT:

Yada: Folks, this will work in our favor,,,"Al-Maliki's coalition ignores the minister's tweet and sets a date for the presidential selection session" Once the president is selected, even if the whole cabinet is not, the release of the currency will take place. The appointment process can take up to 30 days but the government is technically formed with the president…. And its the Kurds who choose the President, not the Framework. (I know you all know this, now is a good time to repeat it)

Netglobal: Yada why do you think just because a new President is selected that will get automatically us the RV?

Yada: You've forgotten what we were waiting for in Jan and Feb this year. We waited for the President vote, expecting the RI, and the Kurds wanted to hold back for more. Well the more they got, was the lose of the 17% that the federal court took from them.

TNT:

Yada: Folks, this will work in our favor,,,"Al-Maliki's coalition ignores the minister's tweet and sets a date for the presidential selection session" Once the president is selected, even if the whole cabinet is not, the release of the currency will take place. The appointment process can take up to 30 days but the government is technically formed with the president…. And its the Kurds who choose the President, not the Framework. (I know you all know this, now is a good time to repeat it)

Netglobal:  Yada why do you think just because a new President is selected that will get automatically us the RV?

Yada: You've forgotten what we were waiting for in Jan and Feb this year. We waited for the President vote, expecting the RI, and the Kurds wanted to hold back for more. Well the more they got, was the lose of the 17% that the federal court took from them.

Annie68:  yada, are there even enough members to vote on it?

Yada: Annie,,that is the irony of it all, The framework needs the process to start. As long as they don't gather to vote for a dissolution of Parliment, his group will get the 2/3 vote and now that the SCOI has stated they will not, despite them saying it is illegal for parliament to not form a government, the way out of the impass is to get the President in.

NetGlobal:  Well Yada as always I hope your optimism is correct.

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

Tishwash:  The Federation of Iraqi Businessmen participates in an economic forum in Tunisia

The Federation of Iraqi Businessmen announced its participation in an economic forum to be held in Tunisia next month .

A statement by the Federation stated that the city of Bizerte in Tunisia will witness the establishment of the Second International Forum for Entrepreneurs and Sustainable Development from 21 to 27/10/2022 .

He added that the forum will be held under the title (the importance of economic policies and growth strategies in keeping pace with sustainable development), noting that the event will be under the supervision of the Tunisian Minister of Tourism and the mayor of Bizerte  link

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

Tishwash:  Iraq is the third in the Arab world and thirty in the world with gold reserves

Statistics from the World Gold Council showed that the reserves of the world’s central banks of the yellow metal amounted to 35,393 thousand tons by the end of July 2022.

Iraq According to those statistics, it ranked third in the Arab world, and thirty in the world, with reserves of 130.4 tons until the end of last July.

He was the deputy governor of the Central BankAmmar KhalafEarlier, he had indicated an increase in gold reserves by 30 tons

Khalaf told the official agency, "The rise in the Central Bank's reserves came as a result of the rise in international oil prices, and this is reflected in the rise in reserves," expecting that "the reserves will reach 90 billion dollars by the end of this year."

He added that "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, increasing by about 30 tons, and this led to a higher rating Iraq globally.”

He stated that "gold is not increased continuously, but rather over long periods.   link

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

Cutebwoy:  A Iraq’s Maliki Faces Lawsuit Demanding His Arrest, Travel Ban

Baghdad – Asharq Al-Awsat 

Head of the Sadrist bloc in Iraq Nassar Al Rubaie has filed a lawsuit against former prime minister and leader of State of Law Coalition Nouri Al Maliki.

In a letter presented to the third panel of Al-Karkh Criminal Court, Rubaie requested authorities to issue an arrest warrant against Maliki and a travel ban.

According to leaked audio cited by Rubaie, Maliki had threatened to kill Muqtada al Sadr, a Shiite cleric who leads one of Iraq’s most powerful political parties.

Moreover, the former premier was accused of threatening to attack Najaf and Kufa.

Rubaie also complained about “abusive and offensive” phrases Maliki directed against followers of the Sadrist Movement.

The suit against Maliki comes a day after the Iraqi judiciary announced that it is still investigating the leaked voice recordings attributed to the former prime minister.

“There are many specialized bodies participating in this investigation, and there is no pressure on the judicial authorities to close this file,” a judicial source who requested anonymity told Asharq Al-Awsat.

The source pointed out that there is a “legal framework that investigation authorities have to go through before announcing findings soon.”

Ali Fadhil, a US-based blogger, is responsible for the leaks. The audio allegedly belongs to an informal meeting between Maliki and unknown persons. It lasts for 48 minutes.

In the recording, Maliki specifically attacks the Sadrists and their leader, describing them as “cowards.”

Maliki's recordings also included an attack on Sunni Arabs and Kurds.

In the recordings, Maliki also revealed personal intentions to arm around 20,000 fighters on the ground.

These fighters would receive financial and logistical support and legal cover in exchange for protecting Maliki from the leader of the Sadrist movement.

Maliki, in the audio, accuses al-Sadr of wanting to “slaughter” everyone

Mot:  . You Seasoned Folks! - Might as Well Make it Fun! ~~

Mot:  .. Staying in Touch!! ~~~~

Read More
News DINARRECAPS8 News DINARRECAPS8

More Iraqi News Thursday Evening 9-8-22

.More Iraqi News Thursday Evening 9-8-22

Tlm724 Administrator Bondlady’s Corner

The Central Bank Issues A Statement On Its Annual Financial Stability Report For 2021

September 07, 2022 The Central Bank of Iraq issued a brief statement on its annual report on the special financial stability of the year 2021, which included a set of financial and monetary indicators that reflect the performance of the Iraqi financial and banking sector, and to diagnose challenges and opportunities for this important sector in the economy, and the report pointed to an increase in the growth of extreme banking deposits (96) trillion dinars for the year 2021, with an increase of (13.1%) from the year 2020, while bank credit in the public and private sectors increased to (80.62) trillion dinars for 2021 by an increase of (7.1%) from the year 2020.

More Iraqi News Thursday Evening 9-8-22

Tlm724 Administrator Bondlady’s Corner

The Central Bank Issues A Statement On Its Annual Financial Stability Report For 2021

September 07, 2022   The Central Bank of Iraq issued a brief statement on its annual report on the special financial stability of the year 2021,

which included a set of financial and monetary indicators that reflect the performance of the Iraqi financial and banking sector,

and to diagnose challenges and opportunities for this important sector in the economy, and

the report pointed to an increase in the growth of extreme banking deposits (96) trillion dinars for the year 2021, with an increase of (13.1%) from the year 2020,

while bank credit in the public and private sectors increased to (80.62) trillion dinars for 2021 by an increase of (7.1%) from the year 2020.

The indicators of financial inclusion improved By adopting the project (financial inclusion of a new economic start),

the report revealed an increase in the assembly index of financial inclusion from (20.85%) in 2017 to (33.5%) in 2021, while

the rate of private sector credit in the gross domestic product increased to (13.4%) In 2021,

the assembly index of financial stability in Iraq rose to (0.656) in the same year;

As a result of adopting the policies of achieving financial stability through the application of Basel requirements and the international standard of financial reports No. (9), as well as other requirements for the banking sector. https://cbi.iq/news/view/2078

To follow the detailed report (click here)  http://cbi.iq/static/uploads/up/file-165899787433978.pdf

note - a similar article already posted in Ms. Timmy's Thread

This article includes the link to the detailed report

The Board Of Directors Of The Center For Banking Studies Holds Its Second Meeting For The Year 2022

September 07, 2022      The Board of Directors of the Center for Banking Studies at the Central Bank of Iraq held its second meeting for the current year 2022, headed by Dr. Ammar Hamad Khalaf, Deputy Governor of the Central Bank.

The Council discussed the issues listed in its agenda, as

it reviewed the achievements achieved by the center during the first half of this year,

as well as discussing the completion rate of the annual plan that includes the establishment of a series of workshops and courses.

The Council discussed the direction of His Excellency the Governor of the Central Bank, Mr. Mustafa Ghaleb Makhif, to

start implementing the training plan for higher leadership positions in all banks, as well as for the new semen, and

the members of the Council reviewed the domestic controls of the Center for Banking Studies, and

they took a number of decisions regarding the topics included in the agenda that It would facilitate administrative procedures for the work of the center.

The Central Bank of Iraq     information Office     7 - September – 2022 https://cbi.iq/news/view/2077

Tax Accounting

September 08, 2022  The Central Bank of Iraq would like to inform the providers of electronic payment services to grant them a period of three months from the date of submitting the final accounts before it, to obtain tax accounting, or proof of its postponement from the tax authority within the relevant legal articles. https://cbi.iq/news/view/2082

The Central Bank Decides To Activate The Procedures For Verifying Licenses To Import Goods And Merchandise

Fri 02, Sep 2022 14:16 | Economic    Number of readings: 700  Baghdad / NINA / - The Central Bank of Iraq decided to oblige all banks to activate the procedures for verifying import licenses for participants in the hard currency sale window for the purpose of importing goods and commodities.   https://ninanews.com/Website/News/Details?key=997831

https://images.weserv.nl/?url=ninanews.net/Uploads/Images/2022/9/997831-5067a74d-64e9-4079-9305-8de212a7248b.jpeg

Baghdad Today" Is Investigating The Presence Of The "Israeli Dollar" In The Iraqi Markets

2,182 Economie 07/09/2022 22:24  Baghdad today – Baghda Informed sources revealed, on Wednesday, the fact that the Israeli dollar entered the Iraqi market, indicating that

influential mafias are working on smuggling and counterfeiting currency.  The sources said in an interview with (Baghdad Today), that

"counterfeiting foreign currencies is a global phenomenon that most countries suffer from in light of the presence of mafias with great capabilities,

but the use of advanced security means contributed to reducing the rate of counterfeiting by a high percentage, especially for hard currencies, including the dollar in the past years."  She added,

"Talking about the entry of the so-called Israeli dollar, which is the most famous and complex type of counterfeit edition, is inaccurate,

but there is actually a promotion of counterfeit money, whether foreign or Iraqi currencies, and it is followed up.

Some networks have been dismantled in the past months and money has been seized."

As for Khalil Al-Rashidi, owner of exchange offices, he said,

"Forgery of foreign currencies is developing greatly because it is run by large international mafias, and

we do not rule out that part of the amounts of counterfeit money entered the markets, especially since there are networks to market it."  Al-Rashidi added,

"Most of the exchange offices deal cautiously with foreign currencies and have experience in detecting counterfeit through some machines,

but there are actually very complex editions with very advanced counterfeiting tracks, which requires more efforts to detect it."   https://baghdadtoday.news/ar/news/200005/بغداد-اليوم-تتقصى-عن-وجو

An Economist Explains The Nature Of The Defect In Central Bank Sales And Financial Transfer

September 7 09:22  Information / Baghdad...

The economic expert, Mustafa Akram Hantoush, explained the nature of the defect in the central bank's sales system and the financial transfer of foreign currency.

Hantoush told Al-Maalouma that

"the central bank sells daily more than 200 million dollars as a level within 4 months, of which 25-30 million goes to the local market, while the remaining 170 million goes to foreign remittances for the purpose of import."  He added,

"The problem lies in the open credits through which funds are transferred, so that the goods enter Iraq or not, the Central Bank is not aware of it, and

this is one of the biggest mistakes, as there is coordination and linkage between the Central Bank and the Remittance Department and the Customs Authority in most countries of the world."

The credit is opened and the money is placed in the credit trust account until the goods enter the country and

a signal is given to the customs that it has entered the required specifications so that the amount is transferred from the documentary credits trust account  to the executed documentary credits account.  Hantoush pointed out that

“Iraq adopts direct accreditation so that the goods enter or do not reach the country, the competent authorities do not know whether the money has arrived or not, and

this falls within the door of money laundering and corruption, and therefore

Iraq urgently needs to link the customs authority with the central bank in order to legalize matters and prevent Transfer of funds in documentary credits except after the goods enter Iraq.

https://almaalomah.me/news/economy/خبير-اقتصادي-يوضح-طبيعة-الخلل-في-مبيعات-البنك-المركزي-والتحو

The Iraqi Government: Public Expenditures Constitute 50% Of The Gross Domestic Product

economy    Iraq    breaking    expenses    total product  2022-09-07 05:43   Shafaq News/ The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said today, Wednesday, that

government expenditures today constitute 50% of the gross domestic product, stressing that

the continuation of exchange operations for public expenditures will be 1/12 for the next year 2023..

Saleh said in an interview with Shafaq News Agency that

the government will continue the exchange process even if it does not approve or delay the 2023 budget," noting that

"government expenditures today constitute 50 of the gross domestic product."  He added that

"the economic cycle depends on government sources and therefore cannot be stopped, as the cessation of government spending ends life in Iraq and there can be no controversy in it, but an existential issue," stressing that

"the disbursement will be 1 over 12 of the actual actual current expenses achieved with security expenses." Food in 2022 even if the 2023 budget is not approved or delayed.    Saleh also pointed out that

"life and requirements grow and public finances if they stop, which means that the wheel of life and growth in Iraq has stopped,

so the exchange continues until life continues," noting that

"these are minimum budgets that also pour into the spending on unfinished ongoing projects."

And the government failed to approve the general budget for the year 2022 as a result of Parliament’s inability to form the new Iraqi government and to continue after that as a result of political instability and interactions between the political blocs and is expected to continue until 2023.

https://shafaq.com/ar/اقتصـاد/الحكومة-العراقية-النفقات-العامة-تشكل-50-من-الناتج-المحلي-ال-جمالي

With Documents, The Sadrist Bloc Files A Lawsuit Against Nuri Al-Maliki

4,696 Policy 07/09/2022 12:21  Baghdad today - Baghdad

Today, Wednesday, the Sadrist bloc filed a lawsuit against the head of the State of Law coalition, Nuri al-Maliki, against the background of leaks that spread on social media in the recent period.

The document obtained by (Baghdad Today), showed that

"the Secretary-General of the Sadrist bloc, Nassar Zughayer al-Rubaie, demanded the Third Karkh Court to take legal measures against the head of the State of Law coalition, Nuri al-Maliki, for what he issued from a clear threat to the Sadrist movement, and expressions that are inappropriate for the sacrifices of the security forces.".  And the document demanded,

"issuing an arrest warrant against the defendant, and we also demand that an order be issued to prevent him from traveling and to notify the airports and ports (border) of that." https://baghdadtoday.news/news/199982/بالوثائق-الكتلة-الصدرية-

The text of the document is below:  https://baghdadtoday.news/template/admin/js/ckeditor/plugins/fileman/Uploads/%D9%85%D8%A7%D8%A7%D8%A711.jpeg

 

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

https://www.bondladyscorner.com/

Read More
News DINARRECAPS8 News DINARRECAPS8

Thursday Afternoon Iraq Parliament News Highlights 9-8-22

.Thursday Afternoon Iraq Parliament News Highlights 9-8-22

Nechirvan Barzani points to an American delegation the "key" to solving Iraq's problems

Posted On2022-09-08 By Sotaliraq The President of the Kurdistan Region, Nechirvan Barzani, stressed, during his meeting with the US Assistant Secretary of State, on Wednesday, that solving the problems of Erbil-Baghdad and the existence of laws for distributing revenues and for oil and gas, is the key to solving Iraq's problems and establishing security and stability in the country, stressing that Iraq needs dialogue and understanding between the parties. political components, and to help friendly countries.

Thursday Afternoon Iraq Parliament News Highlights 9-8-22

Nechirvan Barzani points to an American delegation the "key" to solving Iraq's problems

Posted On2022-09-08 By Sotaliraq   The President of the Kurdistan Region, Nechirvan Barzani, stressed, during his meeting with the US Assistant Secretary of State, on Wednesday, that solving the problems of Erbil-Baghdad and the existence of laws for distributing revenues and for oil and gas, is the key to solving Iraq's problems and establishing security and stability in the country, stressing that Iraq needs dialogue and understanding between the parties. political components, and to help friendly countries.

A statement by the Kurdistan Region Presidency stated that Nechirvan Barzani received, on Wednesday, US Assistant Secretary of State for Middle Eastern Affairs Barbara Leaf and an accompanying delegation.

The statement indicated that in the meeting, which was attended by the US ambassador to Iraq, Alina Romanowski, the US Consul General in the Kurdistan Region, and a number of American diplomats, they discussed America's relations with Iraq and the Kurdistan Region, the latest developments in the political situation in Iraq, and efforts to overcome difficulties in Erbil relations. Baghdad and the outstanding problems between them.

The statement added that Lev conveyed the greetings of US President Joe Biden and the US Secretary of State to the President of the Region, Nechirvan Barzani, indicating that she is here to confirm America's commitment to its relations with Iraq and the Kurdistan Region, and that they look with interest at these relations, and confirm full support for the establishment of security and political stability in Iraq.

The statement indicated that Nechirvan Barzani, for his part, in addition to expressing his thanks and appreciation for the American aid and support for Iraq and the Kurdistan Region, reiterated that Iraq's problems will not be resolved by marginalizing any force or political party, and that the components of Iraq must reach through dialogue and understanding a method of coexistence between them.

The statement noted that the region’s opinion considered solving the problems of Erbil-Baghdad and the existence of laws for distributing oil and gas revenues, as the key to solving Iraq’s problems and establishing security and stability in the country, stressing that Iraq, for the purpose of solving its problems, needs dialogue and understanding between political parties and components, and the assistance of countries girlfriend.

The relations of Iraq and the Kurdistan Region with neighboring countries, the internal conditions of the Kurdistan Region, the importance of the unity of the Kurdish parties, the situation in the region in general, and a set of issues of common concern, were another aspect of the meeting, according to the statement.  LINK

Masrour Barzani And A British Military Delegation Stress The Importance Of Implementing The Shingal Agreement

Posted On2022-09-08 By Sotaliraq   [size=45]The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received, on Wednesday, a British military delegation headed by the Chief Adviser to the British Ministry of Defense for the Middle East and North Africa, Marshal Sami Sampson.

According to a statement by the regional government, the meeting witnessed discussions on the general situation in Iraq, in addition to discussing ways to strengthen relations between the Kurdistan Region and the United Kingdom.

In another focus of the meeting, which was attended by the British Consul General in the Kurdistan Region, David Hunt, they discussed the existing reforms in the Ministry of Peshmerga, addressing the threats and dangers of terrorist groups, and the importance of implementing the Shingal (Sinjar) agreement. LINK

Parliamentary: The Recent Federal Court Decision Implicitly Convicted Al-Halbousi Of Perjury

Shafaq News/ The independent member of the House of Representatives, Basem Khashan, considered on Thursday that the recent Federal Supreme Court decision implicitly condemned Parliament Speaker Muhammad al-Halbousi for suspending the legislative sessions of the Council.

Khashan said in a post on the social networking sites "Facebook", "The recent decision of the Federal Court implicitly condemned the Speaker of the Council of perjury and violation of the Constitution because he suspended the sessions of the Council by an individual decision, and disrupted its work."

The Federal Supreme Court (the highest judicial authority in Iraq) had announced earlier today, that no authority in the country may "exceed the constitutional periods indefinitely", stressing at the same time that it is not within its competence to dissolve the Iraqi parliament, in Its response to the Sadrist movement's suit in this regard.

Nassar al-Rubaie, Secretary-General of the Sadrist bloc, had filed a lawsuit against the President of the Republic, the Speaker of the House of Representatives, to rule to dissolve the House of Representatives for its fifth session, and to oblige the President of the Republic to set a date for holding legislative elections in accordance with the provisions of Article 64/second of the Constitution.

The leader of the Sadrist movement, Muqtada al-Sadr, had called on the Supreme Judicial Council to dissolve parliament within a period not exceeding the twentieth of this month, and assigning the President of the Republic to set a date for early elections, but the Council responded to al-Sadr's request to dissolve parliament, saying: "He does not have this authority." .

The content of the lawsuit deals with accusations of failing to elect a President of the Republic and violating the constitutional deadlines for forming the new government.   LINK

Britain Calls For Ensuring The Rights Of The Peshmerga In The Iraqi Security System

Posted On2022-09-08 By Sotaliraq   The British Senior Military Adviser in the Middle East and North Africa, Marshal Sami Sampson, affirmed, on Wednesday, his country's commitment to support the Peshmerga forces and the Kurdistan Region, calling for ensuring the rights of the Peshmerga within the Iraqi military system.

President Barzani received in Salah al-Din Resort near Erbil, Marshal Sami Sampson and his accompanying delegation.

Sampson praised President Barzani's role in efforts to unify the Peshmerga forces under the umbrella of the Ministry of Peshmerga, and stressed "the need to protect the rights of the Kurdistan Region and the Peshmerga within the framework of the Iraqi defense system."

In turn, President Barzani congratulated the visiting delegation on the formation of the new British government, praising Britain's role in assisting the Peshmerga forces in the war against ISIS.

With regard to the reforms of the Ministry of Peshmerga, the Kurdish leader said that he fully supports the reforms of the Ministry of Peshmerga, stressing the need for these forces to be under the leadership of the Ministry of Peshmerga.   LINK

Masrour Barzani To An American Delegation: The People Of Kurdistan Are Not Ready To Give Up Their Constitutional Rights Under Any Pressure

The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received, on Wednesday, the US Assistant Secretary of State for Middle Eastern Affairs, Barbara Leaf.

In the meeting, they discussed ways to strengthen relations between the Kurdistan Region and the United States, as well as the latest developments in the political situation in Iraq, according to a statement by the regional government.

According to the statement, the US Assistant Secretary of State confirmed her country's commitment to continue to support the Kurdistan Region and the Peshmerga, and said: "We will intensify our efforts to solve the problems between the Kurdistan Region and the federal government, especially the differences related to the issue of oil and gas that need to be resolved through negotiations, because the lack of Its solution will negatively affect the security and stability of Iraq.”

In addition, the Prime Minister presented an overview of the reforms implemented by the ninth cabinet in the areas of diversifying the economy, sources of income and establishing a solid infrastructure.

Regarding the relations between the Kurdistan Region and the federal government, the Prime Minister stressed that the people of Kurdistan have made great sacrifices in order to obtain their legitimate rights, so they are not ready to give up their constitutional rights under any pressure. He also renewed the desire of the Kurdistan Region to solve the problems in a fundamental way and on the basis of the constitution.

The meeting, which was attended by the US Ambassador to Iraq, Elena Romanowski, and the US Consul General in the Kurdistan Region, Erf Hicks, dealt with climate change and its negative effects on Iraq and the Kurdistan Region, attention to environmentally friendly, clean and stable energy, and the promotion of American investment and the importance of the private sector in the region.   LINK

Parties In The Framework Deny The Intention Of Parliament To Dissolve Itself

Posted On2022-09-08 By Sotaliraq   The responses of the political circles and their interactions with the Federal Court's announcement of its decision regarding the case for dissolving the House of Representatives varied.

Parties in the coordination framework were expecting to reject the case, but they denied the House of Representatives’ intention to dissolve itself, according to the Federal Court’s clarification in the body of its statement, stipulating that all political forces sit at the dialogue table, including the Sadrist movement, to draw the features of the transitional period.

Aqil Al-Rudaini, a member of the Victory Coalition, told UTV that "Parliament will not dissolve itself without conducting dialogues between the political forces on this, so we must agree on the next step to dissolve parliament."

On the other hand, political specialists stressed that the Sadrist movement rejects all the current political class and that it will not go to any dialogue that brings it together with the main Shiite political forces, and that the dissolution of Parliament is a Sadrist demand and a red line that does not accept discussion.

Ghaleb Al-Daami, a political specialist, told UTV that "the Sadrist movement, as I expect, will not go to any dialogue unless real and conclusive visions are presented to dissolve Parliament."

The political situation is getting more complicated, and the stalemate is expanding without clear solutions on the horizon, with the Tishreen activists and the Sadrist movement continuing to mobilize for demonstrations starting on the anniversary of the popular protests three years ago. LINK

Iranian Interior Minister Arrives In Baghdad

Shafaq News/ The Iranian Minister of Interior, Ahmed Vahidi, arrived on Thursday in the Iraqi capital, Baghdad. This visit comes to discuss and coordinate with Iraqi officials and his Iraqi counterpart regarding the conditions of pilgrims on the pilgrimage of Imam Hussein, according to what was announced by official Iranian media.

The Minister of Interior, Othman Al-Ghanimi, received his Iranian counterpart upon his arrival in Baghdad.

A statement issued by the Iraqi Ministry of Interior stated that Al-Ghanimi discussed with Wahidi a number of issues of mutual interest, foremost of which is related to the entry of Iranian visitors to Iraq and the organization of their entry into the country.

For his part, Wahidi praised the great role played by the Iraqi security services to protect the pilgrims, provide services to them, and secure all the roads they pass on their way to Karbala, according to the statement. LINK

Al-Abadi Proposes An Initiative Conditional On A "Political Agreement"

Shafaq News/ The head of the victory coalition Haider al-Abadi put forward, on Wednesday, a new initiative to solve the political crisis that has afflicted the country for nearly 10 months.

Al-Abadi said, in a tweet seen by Shafak News Agency, "I call for presenting an initiative based on Article 64 of the Constitution, and within a scheduled political agreement that includes early elections, their laws and institutions, under the supervision of a government with full powers, and the dissolution of the House of Representatives."

He added that "order, stability, peace and development are top national priorities, and they are in the interest of all."

And earlier today, Wednesday, the Federal Supreme Court (the highest judicial authority in Iraq), rejected the case for dissolving the House of Representatives.

The court announced that no authority in the country may "exceed the constitutional terms indefinitely," stressing at the same time that it is not within its jurisdiction to dissolve the Iraqi parliament.   LINK

Read More
News DINARRECAPS8 News DINARRECAPS8

Thursday Afternoon Iraq Economic News Highlights 9-8-22

.Thursday Afternoon Iraq Economic News Highlights 9-8-22

Regarding The Budget.. An Expert Determines The Amount Of Money That The Al-Kazemi Government Will Spend

Posted On2022-09-08 By Sotaliraq Economist Nabil Al-Ali determined, on Tuesday, the amount of money that the caretaker government can spend during the current year if the budget is approved, while questioning the role of food security after it entered the implementation tricks.

Al-Ali said in an interview, “The Financial Management Law allowed the government to spend what it spent in the preceding year, meaning that the government has the authority to spend approximately 120 trillion dinars, in addition to food security, which allowed it to spend 25 trillion dinars.”

Thursday Afternoon Iraq Economic News Highlights 9-8-22

Regarding The Budget.. An Expert Determines The Amount Of Money That The Al-Kazemi Government Will Spend

Posted On2022-09-08 By Sotaliraq    Economist Nabil Al-Ali determined, on Tuesday, the amount of money that the caretaker government can spend during the current year if the budget is approved, while questioning the role of food security after it entered the implementation tricks.

Al-Ali said in an interview, “The Financial Management Law allowed the government to spend what it spent in the preceding year, meaning that the government has the authority to spend approximately 120 trillion dinars, in addition to food security, which allowed it to spend 25 trillion dinars.”

He added, "The total money that the government can spend this year amounts to approximately 145 trillion dinars, an amount that is close to two budgets (double) the days of the Abadi government, and it covers all spending and more."

The economic expert explained that, “Going back to the political demands about approving the budget, we will find no reason more than the politicians’ desire to increase government spending for this year; Because the financial revenues from the sale of oil may reach $132 billion, or approximately 195 trillion dinars.”

He continued: "And to it, about 20 trillion dinars are added to non-oil revenues, bringing the total expected revenues to about 215 trillion dinars, and for this reason we may ask what are the reasons for the increase in political conflict over power and influence.”

And he concluded by saying: “I want to mention the support of the corrupt and popular pressure to pass the Food Security Law,” asking, “What was the law able to change after it entered into force?”

Earlier, the independent deputy, Basem Khashan, confirmed, in an interview, that “there were paragraphs inserted into the Food Security Law that were aimed at stealing large sums of money from Iraq,” explaining that “the documents in which the former Minister of Finance explained the reason for his resignation confirm that there are large sums of money from Iraq.” The money was stolen by adding some clauses in the Food Security Law.” Done/25 SR   LINK

The Continuing Emigration Of Doctors In Iraq: Reasons Beyond The Search For A Good Wage

Health Baghdad   Toka Alani  08 September 2022   There Are Many Reasons Behind The Escalation Of The Emigration Of Iraqi Doctors (Assaad Niazi/AFP)

Various Iraqi cities are recording an escalation in the phenomenon of doctors and people with different medical specialties emigrating outside the country, in search of work or a better living reality, despite previous and repeated statements by the health authorities in Baghdad that there is a shortage of medical personnel and their quest to entice migrant doctors to return with different offers, from Including the provision of housing and salary.

On the other hand, reports of attacks on medical and health personnel continue in various cities of Iraq, despite previous pledges to the security authorities to increase the penalty for assaulting them.

Last week, the city of Sulaymaniyah, in the far north of the country, in the Kurdistan region, recorded a case of an attack on a doctor in a health center after the death of an elderly man.

The Corona pandemic , which struck the country in early January 2020, posed a major challenge to the Iraqi health sector, which lost more than a thousand doctors and health workers during the virus, in addition to the damage to infrastructure after a series of fires and chaos that were the result of the situation getting out of control after receiving thousands of cases. critical daily.

According to a prominent Iraqi official in the Ministry of Health, there is an acute shortage of a number of medical specialties with the continued migration of doctors abroad, specifically the specialties of anesthesia, oncology, neurosurgery, blood vessels and mental health, in addition to other technical specialties such as radiology, ultrasound, (Eco) and others. He stressed that Iraq also urgently needs 16 hospitals, and about 30,000 of those specialties are required by Iraqi hospitals in total.

In an interview with Al-Araby Al-Jadeed, he indicated that the program to return immigrant doctors to Iraq is almost completely faltering, and there is even a migration of this segment to foreign and Arab countries, if it is for the purpose of completing studies and taking a higher specialization, or for work, but they do not return again. to Iraq.

And he considered that the five-year leave for the employee, which was approved by the government as one of the treatments for the financial crisis, was one of the reasons for the exacerbation of the shortage of medical and health personnel as well, as this year recorded the departure of more than a thousand Iraqi doctors from the country under various pretexts and pretexts, including study and special circumstances, but most likely they decided completing their lives outside Iraq,” he said.

Earlier, the Iraqi government announced its intention to bring in foreign medical teams to treat Iraqi patients instead of sending them abroad, as tens of thousands of Iraqis travel annually to countries, most notably India, Turkey, Iran, Jordan and Lebanon for treatment at their own expense, and unofficial figures indicate that about 200 million Dollars Iraqis spend on medical treatment abroad annually.

Dr. Haidar Al-Taie, a specialized doctor, is one of those who left Iraq after the US invasion of the country in 2003, where Baghdad recorded dozens of assassinations against doctors and various competencies at the hands of militias and organized crime gangs. He told Al-Araby Al-Jadeed: “The real problem facing the health sector is The bad thing in Iraq is that there is no state governed by institutions, in addition to the control of parties and militias.

He added that "the emigration of doctors before the American occupation was due to the difficult financial situation in the country, but after the occupation, more reasons appeared, most notably the deteriorating security situation, and the lack of a correct health system, in addition to the conditions that Iraq has experienced since the occupation, such as sectarian fighting and displacement, marginalization, and the absence of all real state institutions.

The continuing emigration of doctors in Iraq: reasons beyond the search for a good wage 1111111

Health   The emigration of doctors... The Algerian health sector is in danger

In the same context, Doctor Ahmed Al-Ani, who works as a resident doctor in one of Baghdad’s government hospitals, said in an interview with Al-Araby Al-Jadeed that his country “does not urgently need recruitment as much as it needs to raise the current health situation,” referring to the deterioration of the infrastructure of Iraqi hospitals and the lack of their number. .

He continues: "Recruitment will solve part of the problem, but not all, and the number of doctors in Iraq is sufficient, but the state does not encourage them to stay, and does not provide them with appointments in the government sector, which forces them to search for better opportunities outside the country."

On this, a member of the Iraqi Medical Syndicate, Ahmed Abdel Karim Al-Sheikhly, said in a telephone conversation with Al-Araby Al-Jadeed that migration is not limited to doctors only, but there are many segments, including engineers, university professors, and various specializations, seeking to migrate, the economic factor and the search for a safe place.

Socially, stable and comfortable is the biggest motivator, "considering that the attacks facing doctors have decreased a lot in the past period, but the doctor, like other Iraqis, wants to live in a stable and comfortable place for him and his family members."

He considered that if the randomness and chaos in the health sector were addressed and the modern administration and electronic system were adopted in daily dealings, there would be no shortage of medical cadres in Iraq, especially with annual payments that are graduated annually from Iraqi universities.   LINK

Basra Raw Materials Exported To Asia Decreased By 7%

2022-09-08   Yes Iraq: Baghdad  The Basra medium and heavy crude prices fell today, Thursday, to more than 7%.   Basra Medium crude, exported to Asia, decreased by 7.08 dollars, a change of 7.44%, to reach 88.11 dollars per barrel.  Basra Heavy crude, exported to Asia, fell $6.88, a change of 7.60%, to $83.71.

OPEC crude also declined, as Saudi Arabian crude recorded $94.94 a barrel, a decrease of $7.22, and the UAE Murban mix recorded $89.71 a barrel, a decrease of $4.83 a barrel.

Global oil prices witnessed a significant decline with fears of global economic recession, slowing demand in Europe, and high interest rates.   LINK

Basra's Medium And Heavy Crudes Are Declining To More Than 7%

Shafaq News/ The Basra medium and heavy crude prices fell today, Thursday, to more than 7%.

Basra Medium crude, exported to Asia, decreased by 7.08 dollars, a change of 7.44%, to reach 88.11 dollars per barrel.  Basra Heavy crude, exported to Asia, fell $6.88, a change of 7.60%, to $83.71.

OPEC crude also declined, as Saudi Arabian crude recorded $94.94 a barrel, a decrease of $7.22, and the UAE Murban mix recorded $89.71 a barrel, a decrease of $4.83 a barrel.

Global oil prices witnessed a significant decline with fears of global economic recession, slowing demand in Europe, and high interest rates.   LINK

The Council Of Ministers Announces The Promotion Of The Preparatory Certificate Holders To The Third Degree

2022-09-08 | 07:46   0 views   Alsumaria News – Localities The General Secretariat of the Council of Ministers announced today, Thursday, the promotion of the preparatory certificate holders to the third degree.

And the secretariat stated in a statement received by Alsumaria News, that it “decided to launch the promotion of the preparatory certificate holders exclusively, up to the (third) degree, provided that this does not result in the creation of new job titles, and the amendment of the ministries (Finance, Planning) and the Federal Service Council, the job description approved by the Ministries and entities not affiliated with a ministry, in a manner that ensures that those covered by the decision reach the third degree.

The Cabinet Affairs and Committees Department in the secretariat stated that "the decision will be implemented starting with the issuance of the next federal budget law."   LINK

Currency Sale Window A Source Of Corruption

Majed Zeidan   There is an ongoing debate about the currency sale window in the Central Bank, and there is a national consensus that it causes damage to the economy and a door to corruption through currency smuggling, and what is more dangerous is that it is a window to finance the parties in power directly and indirectly.

Despite the wide observations and calls among economists and politicians to find and use another way to manage hard currencies and meet the needs of the local economy of hard currencies and according to controls that prevent or limit corruption, which is being talked about on a large scale due to the auction caused in this way and the failure to follow up on the dollar sold.

The work of the window is marred by a lot of criticism, comments and disagreement with this mechanism, and what is said about it has become certain, well-established and tangible, including money laundering, forged invoices, inferior goods overpriced, and others, but international reports indicating its disadvantages, in addition to confessions from Iraqi officials regarding it, and the realization of outrageous profits.

By banks and companies authorized to deal with the currency auction without providing a service to citizens that cannot be compensated and providing the huge sums to be shared by the influential.

What is more dangerous is that the authoritarian parties and the associated parties such as merchants, bankers and brokers use this window to finance their activities and goals, that is, they use public money that is not in its place and its goals, but rather to maintain control over the country’s capabilities and develop personal wealth.

From this controversy that is being raised about the issue, the insistence on purifying the window of corruption is urgent

Adhering to the laws, tightening and developing control, and then addressing the exchange rate and monetary policy, and whether it is to reform the window or find alternatives to provide currency for it, it is important and necessary to dry up the sources of corruption, and thus deprive the controlling forces of a source that finances uncontrolled and uncontrolled power to achieve stability in the country and mobilize resources for sustainable development and combating poverty.

In the years 21-20 and 2020, the import of goods reached 18 and 17 billion dollars, respectively, but the dollar sales more than doubled. In 2019, the Central Bank of Iraq sold 44 billion dollars of hard currency in the Central Bank auction, mostly allocated to cover the import of materials and goods the country needs, and to stabilize the price of the Iraqi dinar and prevent inflation, according to bank data.

However, Iraqi economists say the volume of Iraqi imports has reached $18 billion, without specifying where the difference went. Experts warn of currency leakage out of Iraq due to corruption in the currency auction. There is actually a difference of about 30 billion dollars between the volume of remittances abroad and the value of the goods entering, which indicates that the currency auction is not doing its proper duty to provide funds for the purpose of import.

The Finance Committee called in more than one parliamentary session to reconsider the issue of the currency auction, and that the issue of the currency window for the Central Bank does not exist in all countries of the world except for Iraq. It is clear that sales in it exceed imports, and it has become a means of supporting Iran and Turkey, whose currencies are suffering from the collapse.

The new government, if it is formed, must seriously consider this problem in order to preserve resources and protect the national economy, and before that answer the stark question: Where did the difference go? LINK

Read More