Tuesday Afternoon Iraq Parliament News Highlights 10-4-22

Tuesday Afternoon Iraq Parliament News Highlights 10-4-22

President Barzani And Al-Kazemi Discuss Security Challenges And The Iraqi Political Process

Posted On2022-10-04 By Sotaliraq   President Masoud Barzani and Iraqi Prime Minister Mustafa Al-Kazemi discussed in Erbil on Monday the most prominent security challenges facing Iraq and the Kurdistan Region, as well as the future of the political process in Iraq.

This comes as part of a visit by Al-Kazemi to the Kurdistan Region to discuss a number of political issues and issues in Iraq and the region with Kurdish leaders in the region.

During the meeting, they exchanged views on the political situation in the country and the latest developments in the Iraqi political process, stressing the importance of the political parties' adoption of dialogue and understanding as a way to resolve issues.

In another aspect of the meeting, security challenges and joint coordination between Erbil and Baghdad were discussed, especially the issue of combating terrorism and ensuring stability.   LINK

Parliamentary Sessions Are Expected After Only One Condition Is Met

Posted On2022-10-04 By Sotaliraq   The coordination framework confirmed, on Tuesday, that the general situation in Iraq is ripe for the resumption of parliamentary sessions, indicating that its convening depends on the consensus of the Kurds.

And the leader, Fahd al-Jubouri, said in an interview, that "there are no obstacles to convening the next parliament sessions, especially after the previous parliament session was held and the deputy speaker of parliament was chosen."

He added, "The political forces that withdrew from the political process did not express a position opposing the convening of the council's sessions, so the situation is ripe for holding any upcoming session," noting that "the holding of the session for selecting the president of the republic depends on the Kurds reaching a common agreement."  LINK

Extension: There is no choice but for Iraq to become its own master

Posted On2022-10-04 By Sotaliraq   The extension movement affirmed, with regard to the sovereignty of the country, that there is no choice but for Iraq to become its own master, stressing that international and regional powers should not interfere by imposing their will in forming its future governments.

This came in a statement: Monday (October 3, 2022), on the occasion of the anniversary of Iraq's accession as a member of the League of Nations in 1932 and the global recognition of its sovereignty.

The movement, which emerged from the October 2019 demonstrations, expressed its ambition for Iraq to obtain its "true sovereignty".

The statement added: "After ninety years, we see that sovereignty is being violated every day by neighboring countries and other international forces, loose weapons, and the mafias of corrupt parties that swallowed up the wealth of this rich country."

An extension movement, which held that “there is no choice but for Iraq to become its own master, and the international and regional powers have no say in imposing their will to form its successive governments, so that the outcomes will be national governments that cannot be blackmailed or weakened by those forces that only care about their interests and the interests of their people.”

Thus, “Extension” announced that their joy and celebration of this occasion would be suspended until “the return of full sovereignty.”

It is worth noting that the United Nations Security Council will hold a session on the situation in Iraq tomorrow, Tuesday (4 October 2022).

And the United Nations Assistance Mission for Iraq (UNAMI), stated in a statement today, that the United Nations Security Council will hold a session on the situation in Iraq on Tuesday, at 10:00 a.m. New York time (5:00 p.m. Baghdad time).

The statement added that "the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennis-Plasschaert, is expected to brief the session on developments in Iraq, and on the United Nations Assistance Mission for Iraq (UNAMI).

This comes in light of the political paralysis in Iraq for months, and the accompanying demonstrations in Baghdad and many provinces, demonstrations on the third anniversary of the October protests, the intense security deployment of the security forces, and the closure and cutting of several bridges, roads and squares in Iraqi cities

Where the parties still monopolize the political scene a year after the legislative elections in October 2021, politicians are still quarreling unable to choose a new prime minister.   LINK

The Frame” Catches Its Breath After The Dispersal Of The Saturday Protests, And Al-Sadr Tweets: The Blessed State Without Militias

Posted On2022-10-04 By Sotaliraq  Baghdad / Tamim Al-Hassan  The coordination framework caught its breath after the dispersal of Saturday's demonstrations, and understood what happened that day as a green light to proceed with the formation of a coalition government under his leadership.

News circulates in political circles about setting the end of this month as a date for a session to nominate the President of the Republic, in preparation for the presentation of the new cabinet.

But on the other hand, the level of confidence of the "framework" of the street's reactions to his plan is not equal. There are those within the Shiite bloc who are still pessimistic.

This pessimism is supported by the protesters' announcement that they will return after two weeks to demonstrate if the political forces do not respond to the list of demands broadcast on Saturday, and the difficulty of predicting the movements of the Sadrists.

To remove embarrassment from the "framework" and to anticipate any unexpected scenarios, the latter is still promoting the idea of ​​the "outstretched hand" in his speech with al-Sadr.

Yesterday, Al-Sadr broke some of his political silence that has been going on for about a month, and repeated his famous phrase, "Neither Eastern nor Western", in a tweet on the occasion of the National Day.

In the week preceding the demonstrations commemorating the third anniversary of the October demonstrations, the coordination framework had announced unofficially a new coalition that includes all political forces except for al-Sadr.

A Shiite politician close to Al-Attar said in an interview with Al-Mada that "the end of Saturday's demonstrations has indications that there is no opposition to the formation of the government of Muhammad Al-Sudani."

The security forces used stun grenades and tear gas to disperse the demonstrators in Tahrir Square on Saturday evening, hours after stones and Molotov cocktails were thrown between the two parties.

The number of wounded among the demonstrators has fluctuated, reaching about 200, as a result of suffocation and stone injuries, according to activists.

On the other hand, the official statistics issued by the Government Media Cell spoke of about 30 casualties, between military and civilians.

The media cell said it had arrested what it described as "infiltrators" who were throwing glass balls at the security forces.

Thousands gathered on Saturday morning in the Tahrir Squares in central Baghdad, and Al-Nusour, west of the capital, to demand the prevention of the formation of a government according to party sizes, and the punishment of the killers of Tishreen.

After the dispersal of the protests, Prime Minister Mustafa Al-Kazemi announced that his government had met the demands of the 2019 demonstrations, to treat the wounded and arrest the "death squads."

Last Friday, Al-Kazemi issued strict orders not to fire live bullets at the protesters, and to prevent any armed demonstrations.

And the coordinating framework had expected to repeat last Saturday, the scenario of what happened 3 years ago, when the sit-ins lasted about 6 months before “Corona” spread and the Al-Kazemi government was formed.

In light of these concerns, the "framework" postponed the announcement of the state administration coalition, as a press conference on the new coalition or signature papers on the agreement had not yet appeared.

The politician who is close to the "framework" adds after the dispersal of the protests that: "The new coalition has no choice but to proceed with the understandings to form the government."

The coordination framework considered what happened last Saturday as a result of the infiltration of a number of "saboteurs and intruders" in the demonstrations.

The framework stated in a statement on Sunday that it "appreciates the great role played by the participating security forces in protecting state institutions and the demonstrators alike from intruders and saboteurs who committed some unacceptable violations and abuses during the Saturday demonstrations."

He added that «the right to peaceful demonstration and to demand legitimate rights within the ceiling of the constitution and the law to ensure that the Iraqi people form a new government with full powers, capable of imposing security, providing services and eliminating corruption».

Political mines!

The politician believes that there are "mines" and "pitfalls" in front of forming a government that need additional dialogues, such as the issue of the pledge to keep the Popular Mobilization away from some Sunni areas, and the relationship with the Kurdistan region.

As for the most concerned factor among some "frameworkers", according to what the informed politician conveys, it is "the difficulty of knowing what is going on in the minds of the Sadrist movement, which is believed to have participated in Saturday's protests."

Al-Sadr broke his silence yesterday, which began about a month ago, in what was known as the "Arba'een truce" imposed by the atmosphere of the Arba'een visit of Imam Hussein in Karbala.

And the leader of the movement said in his last tweet on "Twitter", commenting on the national day, that "the real national day of Iraq is the day of its liberation from corruption and spoilers."

Al-Sadr added: “On the day of true reform, there is no subordination, no quotas, no experiment, no corruption, no external interference, no militias.”

Al-Sadr also referred in his tweet to what he described as the "blessed state", which is "neither Eastern nor Western."

Al-Sadr's circles had recently hinted at the possibility of returning to the street, with a date for choosing the president of the republic.

The resigned Sadrist MP Haider al-Muhammadawi said on his Facebook page that "the session for selecting the president of the republic and assigning the prime minister will be decisive (the last fight)."

On the other hand, the Sadrists' calls meet with the protesters, as activists talk about Ayyo's rejection of a government formed by the coordination framework.

Before the withdrawal, the protesters in Al-Nusour Square gave the parties until the 25th of this month to leave the political process, vowing to take "escalatory" steps.

The final statement of the demonstration about the demonstrators stated that: "Our goal is to change the political system (...) and to zero in on the entire existing political process."

The statement added: “We will give all political forces until the twenty-fifth of this October, to leave the political process and zero it, otherwise we are proceeding with larger and broader steps and escalatory mechanisms, and we will not give them the opportunity to rest.”

They also called for a "interim transitional government under international supervision", led by an elite of patriots, provided that none of the personalities who held positions after 2003 should be in it.

According to the scenes of the discussions of the political forces, the date of the 30th of this month for the elections of the President of the Republic is set, and it seems that the date came to wait for what might happen on the 25th of next.

But so far, there is no date for a future session of Parliament, with the exception of the announcement by the Deputy Speaker of Parliament, Shakhwan Abdullah, about collecting the signatures of 125 deputies to discuss the Iranian bombing of Erbil. 

Shakhwan said in a statement to Kurdish media that the signatures had already been collected, but "without setting a date for the session."

Meanwhile, Jawad al-Ghazali, a representative of the state of law, told Al-Mada that "the coordinating framework still has dialogues with all political forces, and that its hands and heart are open to the Sadrist movement."

The "frameworks" had revealed the possibility of conceding half of the supposed Shiite ministries in the next government (6 out of 12) to the Sadrist movement and discussing early elections.

Al-Ghazali adds that "holding early elections is linked to the opinion of the parliament, the new government, the amendment of the law and the commission."   LINK

Tuesday AM Iraq Parliament News Highlights 10-4-22

Tuesday AM Iraq Parliament News Highlights 10-4-22

Al-Sadr: Freedom From The Corrupt Is The True National Day Of Iraq

Shafaq News/ The leader of the Sadrist movement, Muqtada al-Sadr, said on Monday that liberation from the corrupt is the true national day of Iraq.

Al-Sadr said in a tweet seen by Shafak News Agency, "Today is Iraq's National Day, so Iraq lived free, proud, independent and strong, and that Iraq's true national day is the day it was liberated from corruption and the corrupt, and the day of real reform without dependency, quotas, no experiment, no corruption, no external interference or militias." .

He continued, "Rather, it is a blessed country, neither eastern nor western, whose light almost shines from the people's age and dignity."

Today, October 3, marks Iraq's National Day, the date of the country's accession to the League of Nations  LINK

Until The Return Of Sovereignty To The Country.. An Extension Of The Celebration Of The National Day

Political | 06:55 - 03/10/2022   Baghdad - Mawazine News   The extension movement, which emerged from the Tishreen movement, announced, on Monday, the suspension of its celebrations of the National Day of Iraq until the return of full sovereignty to the country.

In a statement received by Mawazine News, the movement stated, "On the occasion of the anniversary of Iraq's accession as a member of the League of Nations in 1932 and the global recognition of its sovereignty, we aspire for Iraq to obtain its true sovereignty. After ninety years, we see that sovereignty is violated every day by neighboring countries and other international powers." And unarmed weapons and the mafias of the corrupt parties that swallowed up the wealth of this rich country.”

She added, "Therefore, there is no choice but for Iraq to become its own master, and the international and regional powers have no say in imposing their will in forming its successive governments, so that the outcomes will be national governments that cannot be blackmailed or weakened by those forces that are only interested in their interests and the interests of their people." Therefore, we announce the suspension of our joy and celebration of this great occasion, until the return of full sovereignty.

https://www.mawazin.net/Details.aspx?jimare=207224

A Deputy Reveals The Most Prominent Laws To Be Discussed By Parliament

Iraq   12:01 – 2022   Member of the Sadiqoun Parliamentary Bloc, Rafiq Al-Salihi, confirmed, on Tuesday, that economic, social and service legislation will be at the forefront of the legislative agenda of the House of Representatives.

Al-Salihi said, "The Council, in its legislative capacity, will be a partner in this direction by approving more laws that can meet the needs of many citizens."

He added that "this session will witness a resolution of the pending laws that were previously put forward by the council," noting that "the public interest requires everyone to join forces in order to pass important laws."  

Al-Salihi pointed out that "among the legislation that falls within the council's priorities are the Social Security Law, the Law on Desertification, Compulsory Service and Slums, as well as other laws related to the agricultural reality."     https://kirkuktv.net/AR/Details/9405

The Exacerbation Of Differences Within The Kurdish House..The Union Rules Out A New Agreement With The Democratic Party

political| 12:37 - 04/10/2022   Special - Mawazine News   ruled out, on Tuesday, that the Patriotic Union of Kurdistan (PUK) had concluded a new strategic agreement with the Kurdistan Democratic Party.

The leader, Rabiha Hamad, said in an exclusive interview with "Mawazine News", "Although we do not expect an agreement to be reached, we hope a lot for understanding, at least regarding the issue of forming the government and electing the president of the republic," indicating that there will be no agreement on the presidency of the republic at least. And he set a special program to preserve the constitutional entitlements of the region.”

She added that “there is a real need for the joint agreement, especially with regard to the outstanding issues in the region,” stressing that “we are in favor of concluding a new agreement, and if the opportunity does not arise, at least there will be an understanding because the strategic agreement needs to Solid ground."

She added, "Sitting down and making a new agreement, as happened in the time of Mam Jalal, needs a set of steps and procedures that precede it."    https://www.mawazin.net/Details.aspx?jimare=20728

To Win The Presidential Palace .. A Deep Dispute Between The Party And The Yekti, And A Kurdish Party Expects The End

political| 08:54 - 03/10/2022   Special - Mawazine News   The Kurdistan Islamic Party confirmed, on Monday, that all matters indicate the existence of a deep political dispute between the two ruling parties in the region over the file of the Presidency of the Federal Republic.

The former deputy of the Islamic Party, Salim Hamza, said in an exclusive interview with Mawazine News Agency, that the reality of the political relationship between the Democratic Party and the National Union indicates that reaching the agreement is not an easy matter, but it is not impossible either.

Hamza continued, that with the insistence of the two parties on their candidates, we believe that the Kurds will enter the Federal House of Representatives with two candidates, and that their choice falls on the shoulders of the democratic process in the country.

He added, however, that Baghdad does not have the right to interfere in naming a candidate for the presidency, because this matter is considered a political custom that belongs to the Kurds, specifically the National Union, but the Democrat now found himself in need of change and took the position. Ended 29/R77    https://www.mawazin.net/Details.aspx?jimare=207235

]Saleh Receives A Congratulatory Message From The French President On The Occasion Of The Iraqi National Day

Political | 12:07 - 04/10/2022   Baghdad - Mawazine News   Britain's King Charles III congratulated the President of the Republic, Barham Salih, on the occasion of the Iraqi National Day.

A brief statement by the Presidency of the Republic, received by Mawazine News, stated, "The President of the Republic, Barham Salih, received a congratulatory telegram from Britain's King Charles III on the occasion of the Iraqi National Day."    https://www.mawazin.net/Details.aspx?jimare=207252

Al-Maliki's Coalition: The Urgency With The Participation Of The Current In The Government Is A Compliment And The Granting Of Positions Is In The Hands Of The Framework

Political | 06:45 - 03/10/2022   Special - Mawazine News  , the State of Law coalition confirmed, on Monday, that an explicit date was not set for the next parliament session, describing the urgency of the Sadrists' participation in the next government as courtesy.

State of Law Representative Aref Al-Hamami said in an exclusive interview with Mawazine News Agency that determining the next parliament session will not be by notification, but will need political understandings and consensus, and we have not been notified of any date so far.

He added, "We do not expect Parliament to hold its next session this week, but in all cases and circumstances it will be close."

As for the insistence of the political parties that the Sadrist movement should participate in the government, he stressed that it is political courtesies, nothing more. We do not find any legal or constitutional loophole for their participation in the government.

Al-Hamami continued, "It is known that the parties that participate in the government are the winners in the elections and that the Shiites share 12 ministries. If there is a desire to grant the Sadrists from the ministries allocated to them, the decision is up to the framework." Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=207223

Tishreni's Deputy: We Cannot Prevent The Formation Of A Consensus Government

Political | 06:00 - 03/10/2022   Special - Mawazine News,  the parliamentary extension bloc emanating from the Tishreen movement confirmed, on Monday, its inability to stand in front of forming a consensual government, explaining the reason for preparing its deputies in Parliament.

Member of the bloc, Representative Haider al-Salami, said in an exclusive interview with Mawazine News Agency, that the presence of Tishreen's political representatives is an extension of the public presence, indicating that we did not want demands to resign from the leaders or the masses.

He continued, "We are continuing to achieve the demands of the masses, and that the political line is parallel to the protest line, stressing that despair has not struck us with the presence of these masses, which gives us a greater incentive to achieve our demands."

Al-Salami indicated, "Our role in the session to choose the president of the republic will be opposing, and we will not be with any tendencies to form a consensus government that has destroyed the country for more than 18 years, and we cannot be part of it or enable it."

Al-Salami pointed out that if this government is formed, it is not our fault because our numbers are few, and the game in Parliament now is the game of preparation, pointing out that the readings will be clear before the presidential election session, and the parties who attend the session and who will boycott will know. Ended 29/R77    https://www.mawazin.net/Details.aspx?jimare=207218

Nechirvan Barzani: The Democratic Party And The National Union Need Today A New Strategic Agreement

Political | 04:29 - 03/10/2022   Baghdad - Mawazine News    The President of the Kurdistan Region, Nechirvan Barzani, confirmed, on Monday, that the two main parties in the region (the Democratic Party and the Patriotic Union) need to organize a strategic agreement between them.

Barzani said in a speech during a memorial ceremony on the anniversary of the departure of former Iraqi President Jalal Talabani in Erbil, which was followed by Mawazine News, "We now sense the void left by Jalal Talabani, as his history is an important part of the history of the Kurdish liberation movement."

He added, "Mam Jalal for me is an important memory of peace and cooperative work, as I met him for the first time when he signed on November 8, 1986 with my father (Idris Barzani) the peace agreement between the Kurdistan Democratic Party and the Patriotic Union of Kurdistan."

He pointed out that this "peace agreement between Mam Jalal and my father was a reason for entering into public peace in Kurdistan."

He added, "Mam Jalal and President Masoud Barzani have always united in decisions and the progress and prosperity of the Kurdistan region, due to the unification of the ranks of the political forces."

Barzani said, "Today, both the Democratic Party and the Patriotic Union need a new strategic agreement according to the current stage. After the strategic agreement that took place between the two parties, the manifestations of duplication of administration in the Kurdistan region decreased, and the foundations of the regional government were established, and justice spread."

https://www.mawazin.net/Details.aspx?jimare=207211

Tuesday AM Iraq Economic News Highlights 10-4-22

Tuesday AM Iraq Economic News Highlights 10-4-22

For the second day, oil prices continue to rise and approach $90

Economie| 09:18 - 04/10/2022   Follow-up - Mawazine News:  Oil prices continued to rise for a second day in early Asian trading, amid expectations that OPEC + may agree to a significant reduction in crude production when it meets tomorrow, Wednesday, but concerns about the global economy limited the gains.  Brent crude futures rose 41 cents, or 0.46 percent, to $89.27 a barrel by 0444 GMT, after gaining more than 4 percent in the previous session.

US crude futures also rose 22 cents, or 0.3 percent, to $83.85 a barrel. It had risen more than five percent in the previous session, posting its biggest daily gain since May.

https://www.mawazin.net/Details.aspx?jimare=207258

Al-Kazemi: We Have Important Contracts With Major Oil Companies, And Iraq Will Remain An Important Source Of Energy Production

Shafaq News/ The head of the federal government, Mustafa Al-Kazemi, said that his government has contracts with major oil companies to develop infrastructure in the energy production sector in the country.

Al-Kazemi said in an interview with the French newspaper "Le Figaro", "Iraq is an important country in the field of energy production, and we have worked on developing energy infrastructure to be able to secure the energy market with high flow. We have signed important contracts with Total to expand the flow of energy supply." extracting associated gas in our oil fields, and developing clean and alternative energy projects.

He added, "We have changed the title of the Ministry of Electricity to the Ministry of Electricity and Alternative Energy, an indication of our government's directions towards moving towards clean energy that is suitable for the environment."

Al-Kadhimi continued, "We have other important contracts with major oil companies to develop infrastructure in Iraq, and Iraq will remain an important source of energy production in the world. At the same time, we are working hard to adapt our energy production to modern standards appropriate to the environment to protect it and maintain its safety."   LINK

Iraq's Oil Revenues Drop 9% In September

Shafaq News/ Iraq's oil revenues decreased by more than 9% last September, while an oil expert attributed this to the drop in world prices.

According to the data of the Iraqi Oil Ministry seen by Shafak News Agency, the country's exports, excluding flows from the Kurdistan Region, decreased by 3.4% on a monthly basis in September to reach 98.765 million barrels, compared to last August, in which exports amounted to 101.859 million barrels. barrel.

Total oil revenues for the month of September decreased by 9.6% to reach 8.773 billion dollars on a monthly basis, compared to the month of August, when revenues amounted to 9.784 billion dollars.

Total oil revenues from Basra oil exports through the southern ports decreased by 10.43 percent on a monthly basis, reaching 8.587 billion dollars, compared to August, when revenues amounted to 9.587 billion dollars.

Meanwhile, oil revenues from Kirkuk crude exports through the Turkish port of Ceyhan increased by 42% on a monthly basis to reach $175 million, compared to the month of August in which revenues amounted to $101 million.

While the oil expert, Muhammad Al-Hasani, in an interview with Shafaq News, attributed the reason behind the decline in Iraq's financial revenues derived from oil, to the drop in global oil prices in addition to the decline in Iraq's production as a result of the suspension of exports after the leakage that occurred in the export pipelines.

He stressed that "the expected reduction in the production of OPEC members during next Wednesday will not affect Iraq's oil exports," noting that "Iraq's production is sufficient to cover what refineries need and to export the rest of it."   LINK

Karbala Refinery..A Step To Meet Iraq's Need To Import Oil Derivatives

Shafaq News/ The administration of Karbala Refinery announced, on Monday, new details about the expected production quantities of gas, gasoline and other derivatives, and while setting the date for the initial production, it confirmed that it will include all Iraqi governorates.

The director of the refinery, Muhammad Fazza, told Shafaq News Agency, "The Karbala Refinery will produce 1,500 cubic meters of cooking gas per day, according to international standards, in an amount that suffices the needs of Karbala and Najaf, and may exceed their needs, during the first quarter of next year, specifically in the third month."

On the possibility of a decrease in the price of gas bottles after the refinery’s work, Fazza explained, “The refinery gives free gas to support citizens, but there is a government law that regulates prices, and the companies operating in it are self-financed.”

He explained that "the refinery was established at a filtering depth of up to 80 percent to produce the largest amount of gasoline needed by the country and citizens, and production will reach 9 million liters per day, in addition to the production of white oil, jet gasoline, kerosene, black oil, and heavy fuel."

Fazza added, "All units of the refinery are determined to work at once, and their capacities gradually increase until they reach full capacity," noting that "the production of gasoline will initially be 60 percent, and then production will rise according to operational conditions, since the refinery is new and caution should be taken when Increasing its capacity," stressing that "gasoline production will reach the farthest point in Iraq."

On September 25, Iraq launched trial operations for a new oil refinery in Karbala, and this project, according to specialists, would help oil-rich Iraq significantly reduce its imports of fuel.

The refining capacity of this refinery is 140,000 barrels per day, and it will contribute, during the next few period, to covering part of the local need and reducing imports of oil derivatives and fuel, according to a statement issued by the Iraqi Oil Ministry.

After this first operational phase, production at the refinery is scheduled to start in early 2023, as the ministry had announced earlier.

The new refinery is located 40 km from the city center of Karbala. The foundation stone was laid in 2014, at a construction cost of six billion and 500 million dollars, and it was built by a Korean group of companies headed by Hyundai.

In August, Iraq exported 101 million barrels of crude oil, the equivalent of $9.7 billion, according to preliminary oil ministry figures.   LINK

Integrity Announces The Issuance Of An Order To Recruit A Dhi Qar Investment Manager

Political | 11:05 - 04/10/2022   Baghdad - Mawazine News, the Federal Integrity Commission reported, on Tuesday, the issuance of a summons order against the director of the Investment Authority in Dhi Qar Governorate for damaging public money and violating his job duties.

In a statement received by Mawazine News, the Commission's Investigation Department said, "The Nasiriyah Investigation Court, which is competent to look into integrity issues, issued the order against the background of the investment manager granting a plot of land as an investment opportunity for a commercial complex, contrary to the approval of the Nasiriyah Municipality Directorate and the relevant departments that refer to the use of The land is intended for industrial purposes, in addition to the fact that changing the type of land is not within the powers of the head of the investment authority in the governorate.”

The department stated, "The Nasiriyah Investigation Court, which is competent to consider integrity issues, issued the recruitment order, based on the provisions of Article (340) of the Penal Code." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=207271

An Order Was Issued To Bring In A Dhi Qar Investment Manager For “Damaging” Public Money

Economy News – Baghdad     On Tuesday, the Federal Integrity Commission reported the issuance of a summons order against the director of the Investment Authority in Dhi Qar Governorate for damaging public money and violating his job duties.

The Commission’s Investigation Department said in a statement, “The Nasiriyah Investigation Court, which is competent to look into integrity issues, issued the order against the background of the investment manager granting a plot of land as an investment opportunity for a commercial complex, contrary to the approval of the Nasiriyah Municipality Directorate and the relevant departments that refer to the use of the land for industrial purposes. In addition, changing the sex of the land is not the prerogative of the head of the investment commission in the governorate.”

The department stated, "The Nasiriyah Investigation Court, which is competent to consider integrity issues, issued the recruitment order, based on the provisions of Article (340) of the Penal Code."

48 . views   Added 10/04/2022 - 11:10 AM  Update 10/04/2022 - 1:09 PM

https://economy-news.net/content.php?id=30026

Efforts To Establish A Trade Exchange Zone Between Iraq And Saudi Arabia In Najaf

Reconstruction and building   Economy News – Baghdad    Najaf Governor Majid Al-Waeli revealed that there are efforts to establish a free zone for trade exchange between Iraq and Saudi Arabia in the province.

Al-Waeli said, "An area for trade exchange between Iraq and the Kingdom of Saudi Arabia has been identified, which is hoped to have an area of ​​1,000 dunams within the Iraqi depth, 10 kilometers from the Iraqi-Saudi border."

He added, "This project is underway in coordination with the General Secretariat of the Council of Ministers," noting that "the project is a commercial city for free exchange between Iraq and Saudi Arabia."

He continued, "The project will provide thousands of job opportunities for the people of the province and the neighboring provinces," stressing that "its cadres are in vigorous follow-up for the purpose of completing the approvals from the concerned authorities in the Iraqi government and the Saudi side."

209 views   Added 10/03/2022 - 6:09 PM   Update 10/04/2022 - 11:32 AM

https://economy-news.net/content.php?id=30016

Some "Tuesday News" Posted by Samson at KTFA 10-4-2022

KTFA:

Samson:  America affirms its commitment to its strategic partnership with Iraq under the framework agreement between the two countries

4th October, 2022

US Secretary of State Anthony Blinken affirmed that "the United States will remain committed to its strategic partnership with Iraq and to deepening and strengthening our relations under the Strategic Framework Agreement between the United States and Iraq," expressing his aspiration to continue working on common priorities and strengthening ties between the two countries.

And the Iraqi News Agency (INA) stated that this came during the congratulatory cable received by Iraqi Prime Minister Mustafa Al-Kazemi, on Monday, from US Secretary of State Anthony Blinken, on the occasion of the Iraqi National Day.  LINK

Samson:  Al-Halbousi Congratulating the National Day: The Beginning of the Nation's March as an Independent Sovereign Country

3rd October, 2022

Monday, Parliament Speaker Muhammad al-Halbousi congratulated the National Day of the Republic of Iraq, while noting that this occasion is the beginning of the nation's march as an independent and sovereign country.

Al-Halbousi said in a tweet on his Twitter account, which was followed by (Al-Oula News), "On the third of October, we commemorate the independence of the Iraqi state and the beginning of the homeland's march as an independent and sovereign country."

"We are inspired from this day by the duty to defend its sovereignty, independence and territorial integrity, and we are united under its banner and work for its progress and prosperity," he added.

LINK

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Samson:  Al-Kazemi: We have important contracts with major oil companies, and Iraq will remain an important source of energy production

4th October, 2022

The head of the federal government, Mustafa Al-Kazemi, said that his government has contracts with major oil companies to develop infrastructure in the energy production sector in the country.

Al-Kazemi said in an interview with the French newspaper "Le Figaro", "Iraq is an important country in the field of energy production, and we have worked on developing energy infrastructure to be able to secure the energy market with high flow. We have signed important contracts with Total to expand the flow of energy supply." extracting associated gas in our oil fields, and developing clean and alternative energy projects.

He added, "We have changed the title of the Ministry of Electricity to the Ministry of Electricity and Alternative Energy, an indication of our government's directions towards moving towards clean energy that is suitable for the environment."

Al-Kazemi continued, "We have other important contracts with major oil companies to develop infrastructure in Iraq, and Iraq will remain an important source of energy production in the world. At the same time, we are working hard to adapt our energy production to modern standards appropriate to the environment to protect it and maintain its safety."   LINK

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Samson: Iraq participates in an international exhibition in Greece

4th October, 2022

Today, Tuesday, the Iraqi Businessmen Union concluded its participation in the Athens International Exhibition of Modern Technologies, Plastics and Packaging Factories, which started its work on the 1st of this month, confirming its participation in another exhibition for food industries next month in the Greek capital, Athens.

A member of the administrative body of the union, Abdel-Hassan Azzouz, told the official agency, which was followed by (Al-Oula News): "The participation of the union, consisting of businessmen of various specializations, from members in this exhibition came to introduce the public to the Iraqi products manufactured by the private sector," stressing that "the Iraqi pavilion met public approval.”

He pointed out that "after the success of the union's participation in these exhibitions, several exhibitions will be held in the future, including the Food Industries Exhibition, which will be held in November - 2022 in the Greek capital, Athens."  LINK

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Samson:  Protesters set fire to the entrance to the Dhi Qar Governorate Diwan

3rd October, 2022

Protesters set fire to the entrance to the Diwan of Dhi Qar Governorate, after clashes and skirmishes with the Iraqi security forces, on Monday evening.

A security source told Shafaq News Agency, "Protesters set fire to the outer courtyard of the governorate's office building, in the center of Nasiriyah."

He added that "the fire reached the external inquiries of the governorate office, after protesters threw Molotov cocktails from a distance," noting that "the protesters were unable to storm the building, and the security forces are in control of the situation."

Earlier in the day, a senior security commander in the Dhi Qar Police Command stated that the security forces are facing a "deviant group" intending to storm the governorate office building for the purpose of burning it.  LINK

Samson:  For the second day, oil prices continue to rise

04/10/2022 08:10:21

Oil prices continued to rise for a second day in early Asian trading, amid expectations that OPEC + may agree to a significant reduction in crude production when it meets tomorrow, Wednesday, but concerns about the global economy limited the gains.

Oil prices rose on Monday on renewed concerns about tight supply. There are expectations that the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, will cut production by more than 1 million barrels per day in their first in-person meeting since 2020 on Wednesday.

Reuters quoted sources in OPEC as saying that voluntary cuts by members could come on top of that, making it the largest wave of cuts since the start of the Covid-19 epidemic.

Brent crude futures rose 41 cents, or 0.46 percent, to $89.27 a barrel by 0444 GMT, after gaining more than 4 percent in the previous session. US crude futures also rose 22 cents, or 0.3 percent, to $83.85 a barrel. It had risen more than five percent in the previous session, marking its biggest daily gain since May. “Despite everything going on with the war in Ukraine, OPEC+ has never been this strong and will do whatever it takes to make sure prices are supported,” Edward Moya, a senior analyst at OANDA, said in a note.

And OPEC + boosted production this year after record cuts in 2020 due to the damage to demand caused by Corona. But the organization failed in the past few months to meet the planned increases in production, which it did not achieve in July, by 2.9 million barrels per day.

Oil prices have fallen for four consecutive months as the COVID-19 shutdown in China, the largest oil importer, curbed demand while higher interest rates and a stronger dollar put pressure on global financial markets.

Major central banks embarked on the biggest round of interest rate increases in decades, raising fears of a global economic slowdown.

A preliminary poll by Reuters showed, on Monday, that US crude oil inventories increased by about two million barrels in the week ending September 30.  LINK

"Tidbits From TNT" Tuesday AM 10-4-2022

TNT:

Tishwash:  Economist: It is necessary to convert small denominations of currency into coins

The economic expert, Saleh Al-Hamashi, stressed that it is necessary to convert the small denominations of currency into coins.

He told the National Iraqi News Agency ( NINA ) that one of the tasks of the Central Bank is monetary policy, liquidity, the existing currencies and the lack of liquidity and financial dealings with large and small categories, trying to find other middle categories to facilitate the sale process.

Al-Hamashi added: The problem is not with currencies, but rather with inflation and the monetary mass in the market. There is no economic and financial benefit from this decision, but there will be an additional currency.

And he called on the government to: print larger coins and convert small coins 250, 500 and 1000 into coins due to the large number of circulating them in order to preserve the cash mass in the market.

Al-Hamashi explained: It is not economically feasible to print a new currency, but rather it will be a redundant link in the monetary mass.    link

Tishwash:  The Central Bank: New cooperation between Iraqi and international banks

The Governor of the Central Bank, Mustafa Mokhif, announced receiving requests from international banks to open prospects for cooperation with Iraqi banks, which have a credit rating from accredited rating agencies.  

Makheif said during a press interview, followed by "Nass" (October 4, 2022), that "work is currently underway with a number of sober international banks to prepare the ground for the crisis for banking cooperation with Iraqi banks with outstanding performance and a credit rating from accredited rating agencies."  

He added, "The requirements and proposals on this subject, which were submitted by some international banks, are currently being studied for the purpose of opening accounts for Iraqi banks and opening new horizons for international cooperation."   

He pointed out that "a decision was issued by the Board of Directors of the Central Bank to grant the Iraqi Deposit Insurance Company, the final license, with a capital of 100 billion dinars, to practice the work of guaranteeing deposits, taking into account the Central Bank of Iraq Law No. 56 of 2004, Banking Law No. 94 of 2004 and the amended Companies Law No. 21 For the year 1997, to be subject to the control and supervision of this bank, and the members of the company’s board of directors were selected and the authorized manager was appointed, the company’s site was chosen to complete the procedures and start doing its business.   link

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Tishwash:  Al-Kazemi: We were on the brink of a civil war.. Al-Sadr has the right to form the government, but he made a mistake

The Iraqi Prime Minister, Mustafa Al-Kazemi, stated that the country was on the verge of a civil war following the bloody confrontations in the fortified Green Zone in the center of the capital, Baghdad, between supporters of the Sadrist movement on the one hand, and the security forces and armed factions on the other hand, but he stressed that Al-Sadr has the right to form The next federal government, however, made a mistake and missed the opportunity after the withdrawal of his bloc from Parliament and the political process.

This came in an interview conducted by French journalist and writer Georges Malbrunot, chief editor of the French newspaper "Le Figaro", with Al-Kazemi.

Al-Kazemi answered a question the newspaper asked him about the day of the bloody confrontations in the Green Zone, saying: Yes, we were on the brink of a civil war, but the government worked with all wisdom and measure so as not to be dragged into that, adding that it was the two parties’ bet that the government would be with a party, but I took The decision is not to be a party.

He added that within 24 hours of the raging conflict, I used all my capabilities and made all possible communications and gave clear, explicit and firm directions to the security forces to remove the specter of civil war, and I succeeded. This is my decision from the first day of the work of my government is not to be a party to any conflict, and to maintain moderation and balance. I firmly believe that we must move away from being drawn into violence.

And he was asked about the goal of the demonstrators on August 29 last as a result of the events in the Green Zone, Al-Kazemi said, on that day, there was chaos among all the parties involved. Both sides had decisions based on wrong data that dragged them into the arena of confrontation.

He noted that all parties tried to flex their muscles, and some parties tried to express their anger, but they made a mistake in choosing a way to express it, indicating that the beginnings were spontaneous, and we succeeded in removing the demonstrators from the government palace peacefully, and the demonstrators were determined to leave Parliament Also, however, things developed between the two parties suddenly and ended up between them in a dangerous armed confrontation. That is why I always stress the need to consolidate the values ​​of democracy, adhere to the mechanisms of the modern civil state, and use the diplomacy of dialogue and understanding in accordance with the logic of the modern civil state.

And regarding the goal of the Sadrists, was it a coup or isolating leaders through confrontations with the Greens, Al-Kazemi said that there was no intention of a coup or anything like that at all. There was popular anger that was sometimes expressed in improper ways, and this was also accompanied by the unacceptable use of weapons and violence, and in the end both sides miscalculated and got involved in bloodshed.

He stated that the statements of a number of political leaders had also contributed to this, which created a dangerous escalation that contributed to igniting the fuse of violence between the two parties. In fact, there is a strong psychological war going on between the two sides, which the political leaders should be wary of.

He was asked about the fact that the Sadrists wanted early elections, and the Prime Minister said that not all political parties dealt wisely and rationally, and the reason was not to submit to the law. We have a very clear constitution, laws and constitutional timings, but unfortunately they have not been adhered to.

He explained that the reason is that the political forces do not believe in true democratic values, but rather believe in power and authority only. The values ​​of democracy are new to the country, and therefore these values ​​are alien to the political class and far from their behavior.

On the accusations against Al-Kazemi of allowing the Sadrists to enter the Green Zone, he replied: I did not allow them, but the security forces, under my direction, stood with full force before them, and our forces provided many wounded to prevent them from entering and storming state institutions.

However, he added: But the momentum of the demonstrators was great and the security forces were unable to stop them, and I had directed them not to use live bullets in all cases to prevent them from being drawn into violence, but some forces still believe in using dictatorial methods of violence and repression, and they want me to shoot live bullets at Citizens, this is unacceptable and completely contradicts my belief in democratic values, human rights and the civilized world.

With regard to Al-Sadr's stopping the bloody confrontation, the Iraqi Prime Minister stated that the pressures of various parties contributed to the matter. Scenes of bloodshed and victims as well, and the possible repercussions of this on the already tense Iraqi scene also led Al-Sadr to the decision to withdraw, and Al-Sadr himself blamed all parties, including his group, for the events.

On the necessity of early elections, Al-Kazemi said that everyone agrees on early elections. The recent elections, despite their high integrity, attested by the Security Council, the United Nations, the European Union, and other international organizations that participated in observing them, did not lead to the formation of a government due to the failure of the political forces to agree, and the scramble for power at the expense of the citizen and the movement to build the country. Therefore, as in all other parliamentary systems, there must be another election to resolve the political crisis.

Al-Kazemi called on all political parties to meet now and establish the mechanisms for conducting the elections, while providing the legal, administrative and financial requirements for holding the elections.

He stressed that the country urgently needs to agree on a new social contract, and to consolidate the culture of democratic values ​​of respecting the constitution, its timing and the results of the elections and dealing with them rationally, away from duplicity in looking at it, as they accept its results when it leads to victory and reject that when it leads to a loss for them.

Regarding Al-Sadr’s victory in the elections and his right to form a government, Al-Kazemi pointed out that Al-Sadr had won the most seats in the recent elections, and of course he should have the opportunity to form a government, but at the same time, Al-Sadr must search for other partners to be able to form the government.

He also said that al-Sadr had also made a mistake in his decision to withdraw from Parliament, which gave his rivals the opportunity to fill his void and turn into the largest bloc in Parliament. All Iraqi political forces are still young on democratic values ​​and are not good at the game of modern democratic politics.   link

Mot:  .. Was sucha Sweet Moment --- Hey Wait a minute!!! ~~

Mot: ......... Uh OH!!! ~~~~~~

Monday Evening Iraq Economic News Highlights 10-3-22

Monday Evening Iraq Economic News Highlights 10-3-22

Kurdistan Resources: The Water Conference Will Have A Very Positive Impact

Shafaq News/ The work of the first international conference, held at Kumar University in Sulaymaniyah Governorate within the Kurdistan Region, under the title (Water Resources in Iraq.... Trends and Concerns), is continuing.

The conference, which started on Sunday morning, witnessed the participation of the Iraqi Minister of Water Resources, the Minister of Agriculture in the Kurdistan Regional Government, and the Governor of Sulaymaniyah, as well as a large number of researchers and specialists in the conference hall at Kumar University in Sulaymaniyah.

The supervisor of the conference, Dr. Ako Rashid, told Shafaq News Agency, "The conference will include 95 scientific researches from around the world to discuss the water crisis and climate changes in Iraq and Kurdistan, which will last for 3 days, starting today."

On the other hand, the Minister of Agriculture and Water Resources in the Kurdistan Regional Government, Bekird Talabani, confirmed during a press conference attended by the agency, that "convening this conference at this time will have a very positive impact, as water is one of the necessities of life and has an impact on the economic, political and commercial situation and even interstate diplomacy.

Talabani added, "There are 226 shared sources of water in the world, and Iraq and Kurdistan have become vulnerable to drought and desertification after rainfall decreased to 50%."

The Kurdish minister pointed out that "the current situation requires cooperation and joint steps between the Federal Ministries of Water Resources and the Ministry of Agriculture in the region, to develop joint plans to manage the water file and face challenges."

On Sunday, Minister of Water Resources, Mahdi Rashid Al-Hamdani, reiterated that the Tigris and Euphrates rivers have been affected by the recent climatic changes in the region, calling for increased activities and initiatives to protect this sector from depletion.   LINK

90% Of Iraqis Spend Money To Buy Healthy Water

Money and business   Economy News-Baghdad    Today, Monday, Fadel Al-Gharawi, a human rights specialist, reported that 90% of Iraqi society has resorted to purchasing healthy water.

Al-Gharawi said, in a statement, that "despite the presence of fresh water sources in the Tigris and Euphrates, the proportion of the Iraqi citizen of drinking water was no more than 5 liters per day," noting that "90% of Iraqi society resort to buying healthy water, and this percentage is considered the lowest For countries with water resources, such as Egypt, Sudan, Syria, and some African and Latin American countries.”

He added, "The Iraqi citizen's share of the amount of water to impose other uses does not exceed, in the best cases, 70 liters per day per person, and this figure is considered for countries with abundant water sources."

Al-Gharawi attributed the reason for this to “the deterioration of the private water transport network, in addition to the inefficiency of the water liquefaction plants and the continuous interruptions due to the lack of electrical power supply and the periodic maintenance of these stations.”

19 . views   Added 10/03/2022 - 1:32 PM   Update 10/03/2022 - 2:54 PM

https://economy-news.net/content.php?id=30014

Eight Oil Tankers Docked At The Berths Of Khor Al Zubair Port

Energy   Economy News – Baghdad   The berths of Khor Al Zubair Specialized Port received eight tankers loaded with oil derivatives.     The Director General of Iraq Ports, Farhan Al-Fartousi, said in a statement, "The port berths received the tanker Kk Marlin docked at berth No. 2 loaded with gas oil, and the Sun Rise tanker docked at berth No. 3 loaded with gasoline, and the tanker Evance docked at berth No. 5, which will be loaded with fuel oil.

The tanker Alforat docked at berth No. 6, which will carry fuel oil, the tanker Swama Kamal, docked at berth No. 9, which will carry naphth, and the tanker Marlin Hestia, docked on berth No. 10, loaded with gasoline, and the tanker Adena, docked at berth No. 11, which will carry fuel oil, and the tanker Fath docked. On platform No. 12 it will be loaded with fuel oil.

Views 478   Added 02/10/2022 - 4:23 PM   Update 10/03/2022 - 1:15 PM

https://economy-news.net/content.php?id=30000

Launching Social Assistance For One Million And 390 Thousand Iraqi Families

Economy News – Baghdad   Today, Sunday, Acting Minister of Labor and Social Affairs, Salar Abdul Sattar, announced the launch of the social benefit for the month of October.

In a statement, the ministry stated, "The Minister of Labor and Social Affairs, Salar Abdul Sattar Agency, announced the launch of social assistance for the month of October for more than one million and 390 thousand families, with a total amount of more than (294) billion dinars," calling on "included families." To review the exchange outlets to receive the funds.

In turn, the head of the Social Protection Authority, Sana Al-Moussawi, stated that "the number of families headed by a man is (967,124), while the number of families headed by a woman is (423,735)."

26 . views   Added 02/10/2022 - 6:57 PM  Update 10/03/2022 - 11:18 AM

https://economy-news.net/content.php?id=30002

Parliamentary Action Regarding The Decision To Raise The Price Of Gas Supplied To Cars

Energy   Economy News – Baghdad   On Sunday, the Parliamentary Oil, Gas and Natural Resources Committee decided to form a subcommittee to follow up on the decisions of the Ministry of Oil and raise the price of gas supplied to cars.

Committee member Sabah Sobhi said in an interview with "Shafaq News" and followed by "Economy News", that "there is confusion in the decisions of the Ministry of Oil, the latest of which was raising the price of gas supplied to cars to 300 dinars per liter after it was 200 dinars per liter." 

And that "the Parliamentary Committee on Oil, Gas and Natural Resources will hold a meeting in the coming days to discuss confusion with the decisions issued by the Ministry of Oil."

He added that "the decision to raise the price of gas supplied to cars affects the citizens and is not justified," noting that "the Ministry of Oil justifies the reasons for the rise as a result of the rise in prices globally."

He continued, "Iraq is an oil country and possesses gas, and that the Parliamentary Oil Committee, according to the rules of procedure, will form a subcommittee to follow up on the decisions issued by the Ministry of Oil."   41 views   Added 02/10/2022 - 7:12 PM  Update 10/03/2022 - 11:18 AM

https://economy-news.net/content.php?id=30003

Monday Evening Iraq Parliament News Highlights 10-3-22

Monday Evening Iraq Parliament News Highlights 10-3-22

Did The Iraqi Parliament Session End The Crisis, Or Did It Establish New Ones?

Posted On2022-10-02 By Sotaliraq   Speculation increased about the fate of the Iraqi political crisis after the parliament session, which renewed confidence in its president, Muhammad al-Halbousi, as it was considered a return to work in the legislative authority of Parliament after its disruption, and it constituted a milestone in the crisis of the current regime caused by the results of the early elections, despite the depth of differences in Iraq and the division of the street. Among the many leaders.

Baghdad Document

The deputy of the "Al-Fateh Alliance", Mortada Al-Saadi, revealed part of the details of the "Baghdad Document" launched by Al-Halbousi, noting that the "coordinating framework" candidate for prime minister made a pledge regarding the "Sadr movement", while the recent bombing of the Green Zone was considered a "message to the political parties." “.

Al-Saadi said in a televised statement that “the last parliament session is the beginning of the easing of the political crisis,” noting that “the political situation is tense, but the tripartite forces represented by the Coordination Framework, the Sovereignty Alliance, and the Kurdistan Democratic Party were highly coherent.”

He revealed that "the Baghdad document launched by al-Halbousi includes dialogue between the tripartite forces and the forces outside parliament, without any external interference," noting that "the leader of the Sadrist movement, Muqtada al-Sadr, did not express any objection to the holding of the parliament session, and in general he does not object." The current calls for the resumption of the sessions,” considering that “leaving reality to the ministries is a rebellion against the law and an encouragement to violations.”

While Al-Saadi confirmed that “there is no dialogue at the moment between the framework and the current,” he spoke about “the coordination framework’s adherence to the participation of the Sadrists in the new government in accordance with the parliamentary entitlement for them, represented by 73 deputies,” stressing that “there is no solution without dialogue, and there is adherence by the leader of the Fatah Alliance Hadi. Al-Amiri to meet with Al-Sadr, but not in the near future.”

With regard to the presidency, al-Saadi said that "the Kurds reached an agreement of 85 percent regarding the presidency of the republic," noting that "the parliament will hold a session as soon as possible if an agreement is reached between the Kurdish parties on a candidate for the presidency." He considered that proceeding with the 2018 agreement "causes a state of inconsistency and constitutes a nucleus for weakening the government."

As for the renewal of the caretaker prime minister, Mustafa Al-Kazemi, he confirmed that “the framework forces unanimously reject this matter.”

Regarding the nomination of Muhammad Shia Al-Sudani to head the government, Al-Saadi stated that “there are no objections to it from the political parties,” and indicated that “Al-Sadr did not accept or reject the coordination candidate, and if he refused, he must state the reasons,” stressing that “the framework decided his order to nominate Al-Sudani for the presidency.” Ministers and awaits his official assignment from the President of the Republic.”

He explained that "the international position with the formation of a new strong government with full powers is moving towards addressing the Iraqi reality in general."

Regarding the recent bombing of Al-Khadra, the representative of the “Al-Fateh Alliance” saw that it was “a message to the allied parties, and an attempt to retreat from yesterday’s session,” adding that “the language of weapons will not work and dialogue is the solution,” adding that “whoever adopts the demonstrations disavowed the bombing, and those who adopt The government is sitting in Parliament, and this means that there is a third party that wants to drive the wedge between the political forces.”

He concluded that "the abolition of quotas is a lie and a fantasy."

In turn, the political researcher, Ali Al-Baydar, admitted that "the parliamentary blocs managed to overcome the state of obstruction, but it opened other crises that are more severe than the blockage." Al-Baydar added that “the equation of the missiles that fell on the Green Zone entered the line, which indicates the fragility of the situation and the weakness of the security reality,” noting that “the missiles will be part of the next scene and a new pressure card that will strike everyone who rejects its options.”

Al-Baydar believes that "Al-Sadr will not remain silent about stripping him of everything, and his resigned deputies will push towards fueling the escalation that will lead the country to chaos."

He added, "The state administration coalition will make al-Sadr feel the decline of his influence and his ability to maneuver, and therefore he will go to more severe options, even if it requires the use of weapons to obtain gains."On the other hand, political researcher Saleh Lafta considered that "no one can predict the outcome of the Iraqi political crisis or develop a future vision for it, as it is not like political crises in other countries."

Lafta considered that "there are two different programs, and one party can attract those who share the same vision to the administration of the state, and then gives the second party the opportunity for the first party to form a government, and the second party takes the role of the opposition." He pointed out that “the differences in Iraq are deep, and the street is divided over many leaders, and every leader sings about his nights and does not want a solution that robs him of some of his gains. “.

He considered that “the parliament session, in the manner in which it was held, including road blocks, demonstrations, and popular convulsions, reflects the deteriorating political reality in Iraq, and the need for real solutions to revive Iraq before it reaches the stage of disintegration. Even if the session contributed to solving the crisis or not, the next is more and more crises that will not end no matter how leaders try to hide them, postpone them, or pretend to solve them.”   LINK

Kurdish Politician: Iran Has Exploited The State Of Weakness And Underestimated Iraqi Sovereignty

Posted On2022-10-02 By Sotaliraq   On Sunday, Kurdish politician Latif Al-Sheikh described the Iraqi response to the Iranian bombing as weakness, indicating that Tehran is exploiting Baghdad's silence to launch more attacks against Erbil and Sulaymaniyah.

In an interview, the sheikh said that "Iran has exploited the state of Iraqi weakness and underestimated Iraqi sovereignty to continue its aggression."

He added that "it is unreasonable for this Iranian silence on the daily bombing of various areas in Erbil and Sulaymaniyah," noting that "the aggression is borne by the federal government in Baghdad, as it is concerned with responding and preserving the country's sovereignty."

The Kurdistan Democratic Party had called on the government to end the Iranian aggression and to move through diplomacy to protest against the continued bombing LINK

Al-Kazemi Faces A Lawsuit For Wasting Public Money

Money and business   Economy News-Baghdad   Independent MP Basem Khashan revealed, on Monday, that he, along with independent MP Mustafa Sanad, went to file a lawsuit with the Court of Integrity against the caretaker Prime Minister, Mustafa Al-Kazemi, on charges of wasting funds, indicating that the lawsuit relates to the disbursement of 70 billion dinars to furnish a library from the funds of the Emergency Law for Food Security and Development. Without legal exchange doors.

Khashan said in a press statement, "After we obtained an official document indicating the disbursement of 70 billion dinars for the purposes of furnishing the office of Prime Minister Mustafa Al-Kazemi from the funds of the Emergency Law for Food Security and Development, and without the presence of legal exchange doors, which is a legal violation and contains suspicions of corruption."

He added, "He and the independent deputy, Mustafa Sanad, will go to file a lawsuit with the Integrity Court against Prime Minister Mustafa Al-Kazemi on charges of wasting money."

Views 44   Added 10/03/2022 - 11:43 AM  Update 10/03/2022 - 1:09 PM

https://economy-news.net/content.php?id=30009

“We Will Sue Him.” Al-Kazemi’s Government Responds To A Deputy Publishing “Misleading” Information To Blackmail It

Shafaq News/ The media office of the Iraqi Prime Minister, Mustafa Al-Kazemi issued today, Monday, a statement regarding publications he described as "misleading" published by a member of Parliament, saying that their purpose was to blackmail the government and mislead public opinion, stressing his intention to sue this deputy.

And a statement received by Shafaq News Agency stated that one of the parliamentarians published, on his page on social media, false and misleading information for public opinion about the doors of the Prime Minister's Office disbursing the amount allocated to him from the Emergency Support Law for Food Security and Development (Law No. 2 of 2022). ; This should be noted, and the ambiguities raised by a deputy who exceeded the limits of his duties and legal obligations.

He added that the sums included in the "emergency support" law were voted on by the House of Representatives, and were subject to discussion and monitoring by the members of the House, including the aforementioned deputy, and he had to register his objection according to the law to those amounts; As for the Council of Ministers, its legal responsibility is to distribute these amounts to the eligible parties according to the legal tracks, and this is what actually happened.

The statement indicated that the "emergency support" law included allocating an amount of 400 billion dinars to the security and military agencies, and from this amount an amount was allocated to the Office of the Prime Minister - the Commander in Chief of the Armed Forces, with only half of it, amounting to 35 billion Iraqi dinars, being spent during this government to The security services associated with the office of the Prime Minister - the Commander-in-Chief of the Armed Forces, in specific doors and in certain areas, and not, as the deputy claimed, that they are furniture for the Prime Minister’s office.

He pointed out that the aforementioned amount - as stipulated in the "emergency support" law - includes all departments affiliated with the Presidency of the Council of Ministers, and important files that are followed up by the government, including compensation for the wounded and security support, as well as securing the requirements and expenses of all the special squad, which is concerned with securing and protecting the departments. state, green zone, etc.

And he indicated that the disbursement procedures are carried out in accordance with the legal principles and the followed contexts, and with all transparency, after they are classified in a fundamental manner by the Ministry of Finance.

And the statement of Al-Kazemi's office continued, saying, "Until this moment, the above-mentioned amount has not been disbursed, pending the completion of the official procedures for the Ministry of Finance, and obtaining its approval for the exchange."

The statement affirmed the respect and appreciation of the legislative authority and the representatives, and expressed its regret for the decline in understanding the limits of the legislative role according to the law by some MPs, who turned social networking sites into arenas for political clowning and dissemination of false and misleading documents, in the hope of gaining illegitimate sympathy, and this is not befitting the mission that is being pursued. They elected for it.

Accordingly, the statement said, the Prime Minister's Office will prosecute the violating deputy according to the law.

And yesterday, Sunday, Representative Mustafa Sanad published a document that he said included the disbursement of 70 billion dinars of emergency support for furnishing and purchasing cars to Al-Kazemi’s office.   LINK

A Parliamentarian Calls For The Implementation Of Article 340 Of The Penal Code Against Al-Kazemi

Political | 01:27 - 03/10/2022   Baghdad - Mawazine News, a deputy from the Sadiqoun parliamentary bloc, Zainab al-Moussawi, said on Monday that the current government is "corrupt and manipulates Iraqi laws and constitution."

Al-Moussawi added, in a statement received by Mawazine News, that "the current government has gone too far on the Iraqi laws and constitution," continuing that "the Food Security Law has scattered its money in an unknown way by Al-Kazemi."

She went on to say that "Al-Kazemi cracked the heads of Iraqis with the so-called reform white paper that was not applied on the ground and was only Facebook slogans and nothing more," asking: "How does a prime minister issue a reform paper and suspicions of corruption documented with evidence and proofs wrap around it?"

Al-Moussawi called for "the application of Article 340 of the Penal Code against Al-Kazemi on charges of wasting public money." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=207196

Monday Afternoon Iraq Economic News Highlights 10-3-22

Monday Afternoon Iraq Economic News Highlights 10-3-22

Leaks Reveal The Expected Scenario Of The (OPEC +) Meeting

Economie| 10:13 - 03/10/2022    Follow-up - Mawazine News, "The Wall Street Journal" reported, quoting participants in the upcoming "OPEC +" meeting, that the coalition countries are considering reducing oil production by more than one million barrels per day to support energy markets.

The countries of the “OPEC +” group, which includes oil-producing countries from “OPEC” and outside, will hold a meeting in Vienna next Wednesday “for the first time since March 2020” since the outbreak of the Covid-19 epidemic.

And according to a statement on the group, representatives of the 13 member states of "OPEC" led by Saudi Arabia, and their ten allies led by Russia, are meeting, amid leaks that the group's countries are considering significant production cuts in the face of fears of a recession in the global economy.

Markets fear that a recession in the global economy will affect global demand for black gold, which will disrupt energy markets. Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=207171

Labor Announces The Launch Of Social Assistance For The Current Month

Economie| 05:27 - 02/10/2022   Baghdad - Mawazine News   On Sunday, the Ministry of Labor and Social Affairs announced the launch of social assistance for the current month.

According to a ministry statement received by Mawazine News, the Minister of Labor and Social Affairs, Salar Abdul Sattar Agency, announced the launch of social assistance for the month of October for more than one million and (390) thousand families, with a total amount of more than (294) billion dinars, calling on families Covered to review the exchange outlets to receive the amounts.

The head of the Social Protection Authority, Dr. Sana Al-Moussawi, stated that the number of families headed by a man is 967,124, while the number of families headed by a woman is 423753. Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=207121

70) Billion To Furnish And Maintain The Mechanisms Of Al-Kazemi’s Office From The Funds Of The Food Security Law

(document)   Posted On2022-10-02 By Sotaliraq   Today, Sunday, independent MP Mustafa Jabbar Sanad revealed a document showing the disbursement of (70) billion dinars to furnish and maintain the mechanisms of Prime Minister Mustafa Al-Kazemi's office.

Sanad said, through a document he published on his Facebook page, which was followed by (Baghdad Today), that "a sum of (70) billion dinars has been spent to furnish and maintain the mechanisms of Prime Minister Mustafa Al-Kazemi's office."

He added that "the amount was disbursed from the funds of the Food Security Law."[/size]

Below is the text of the document:   LINK

https://baghdadtoday.news/template/admin/js/ckeditor/plugins/fileman/Uploads/00%20%D8%A8%D8%A7%D9%84%D8%B5%D9%88%D8%B1/16A407E2-AECA-4459-A928-E6978081F446.jpeg?watermark=4

Trade: 5 Million People Receive The Ration And They Do Not Deserve It

Money and business     Economy News-Baghdad   The Assistant General Manager of the General Company for Foodstuff Trading, Talib Abbas, confirmed that more than 5 million people receive a ration quota and are not entitled to it because of their high salaries, while the Food Security Law gave us money for the food basket only.

Abbas said in a statement that "we have emergency food stocks that are sufficient for three months after next year," noting that "more than 5 million people receive a food ration and they are not entitled to it because of their high salaries."

He added that "the Food Security Law gave us money for the food basket only," noting that "the ministry borrowed from the Rafidain Bank in order to distribute the ration quota."

Abbas continued, "The prices of preparing the food basket have risen due to the global crisis," noting that "the Ministry of Commerce contracted with a local company for a period of 5 years to provide us with foodstuffs."    61 مشاهد views   Added 10/03/2022 - 10:40 AM   Update 10/03/2022 - 1:06 PM

https://economy-news.net/content.php?id=30008

Oil Rises 3% On Speculation Of An OPEC + Production Cut

Energy    Economy News-Baghdad   Oil prices jumped more than 3% in early Asian trading on Monday, as OPEC+ considers cutting production by more than 1 million barrels per day in its biggest cut since the pandemic, in an effort to support the market.

Brent crude futures rebounded $2.51, or 3%, to $87.65 a barrel by 02:06 GMT, after settling 0.6% on Friday, and US West Texas Intermediate crude also rose 3%, or $2.39, at 81.88 USD per barrel, after the previous session's 2.1% loss.

Oil prices have fallen for four consecutive months since June, as the COVID-19 shutdown in China, the largest energy consumer, hit demand, while higher interest rates and a stronger US dollar weighed on global financial markets.

OPEC + is considering cutting production by more than 1 million barrels per day before its meeting on Wednesday.   If agreed, it would be the group's second consecutive monthly cut after cutting production by 100,000 barrels per day last month.

Experts said anything less than 500,000 bpd was being ignored by the market. So we see a huge opportunity for a significant reduction of up to 1 million barrels per day.

22 . views   Added 10/03/2022 - 9:03 AM   Update 10/03/2022 - 11:48 AM

https://economy-news.net/content.php?id=30007

Economic Website: Iraq Loses 58% Of Electricity Production Due To Distribution Problems

Energy   Economy News-Baghdad   A report by the Eurasia Review website, which analyzes economic reports, confirmed that, despite the fact that Iraq is the second largest oil producer in OPEC, it still suffers from the chronic electricity problem in the country as a result of mismanagement and corruption in this sector.

The report stated that "approximately 95 percent of Iraq's electricity generation comes from oil and natural gas, according to the International Energy Agency, and the use of natural gas has increased from 25 percent in 2016 to nearly 60 percent in 2020, while hydropower represents most of the remaining share of production electricity in the country.

The report stated that, "According to the data, the peak of electricity supply in federal Iraq was 21 gigawatts for the year 2021, which is much less than the required capacity of 37 gigawatts needed to meet the demand in the height of the summer."

He continued, "The available or effective production capacity is much less than the installed capacity due to poor transportation infrastructure, inefficient or damaged power plants, and the peak summer demand usually exceeds the actual generation."

And he indicated that "distribution losses are still a problem in Iraq, from 2011 to 2020, the average distribution losses reached 58 percent of the total electricity supply in the country, which is a large percentage compared to the global average loss of 8 percent, which is a result of inefficiency on the network, poor system design, and high electricity theft rates.

The report pointed out that "in addition to fixing this defect, Iraq needs to diversify sources of electrical energy and engage in the field of renewable energy, such as using solar energy and other clean energy sources to reduce pollution."   55 . views   Added 02/10/2022 - 9:31 PM   Update 10/03/2022 - 12:27 PM

https://economy-news.net/content.php?id=30005

Center Calls For The Inclusion Of Borrowers In The Consumer Protection Law

Money and business   Economy News – Baghdad   The Director of the Market Research and Consumer Protection Center, Mahmoud Abdullah Jassem, called on Sunday for the implementation of the Consumer Protection Law, and its expansion to include the financial consumer.

Jassim saw, "The need for the borrower to define the final interest amount, which protects him from repaying 75 million, and he is a borrower for (50) million dinars, for example, and he had asked about the amount of interest and was informed that it is 4 percent and he did not know that it is cumulative for each year."

He pointed out that "this would deter citizens from borrowing, but if there is a law that protects the financial consumer, he will be familiar with all these details."

And he indicated the importance of activating the Consumer Protection Law, and that the Consumer Protection Council monitors its implementation mechanisms because of its importance in controlling the market rhythm and setting prices in accordance with this law.

He added that this law protects citizens from "cases of fraud and manipulation" of prices and the spread of counterfeit products that are sold at many times their real prices, according to the official news agency.    Hits 161   Added 02/10/2022 - 8:17 PM   Update 10/03/2022 - 1:07 PM

https://economy-news.net/content.php?id=30004

Monday Afternoon Iraq Parliament News Highlights 10-3-22

Monday Afternoon Iraq Parliament News Highlights 10-3-22

Parliament Is Racing Against Time Before The October 25 Demonstrations

Video   2022-10-03 | 04:53   Source:  Sumerian  561 views   Between the scene of the demonstrations and the efforts to form a government .. The factor of time is the decisive factor in ending a political crisis that lasted for more than nine months. Will the State Administration coalition be able to resolve the dispute in its favor at the expense of the demonstrators?   LINK

Al-Kazemi And Barzani Discuss The Political And Security Situation In The Country

Policy   2022-10-03 | 04:42      Source:   Alsumaria news   306 views   Today, Monday, caretaker Prime Minister Mustafa Al-Kazemi discussed, during his meeting with the head of the Kurdistan Democratic Party, Massoud Barzani, the political and security situation in the country.

Al-Kazemi's office stated, in a statement received by Alsumaria News, that the latter "met, President of the Kurdistan Democratic Party, Massoud Barzani, during his visit to Erbil Governorate."

The statement added, "The meeting discussed the overall political situation in the country, and the importance of adopting a national dialogue between all political forces to get out of the political impasse that is affecting the general situation, impeding the provision of services to citizens, and threatening to destabilize."   LINK

Details Of Al-Kazemi And Barzani Meeting In Erbil

Political | 11:42 - 03/10/2022   Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi met today, Monday, with the head of the Kurdistan Democratic Party, Massoud Barzani, in Erbil.

According to a statement by Al-Kazemi's office, received by Mawazine News, "The meeting discussed the overall political situation in the country, and the importance of adopting a national dialogue between all political forces to get out of the political blockage that is affecting the general situation, impeding the provision of services to citizens, and threatening to destabilize."

The meeting witnessed, "emphasis on the role of political and social activities in facilitating understanding, lowering the level of tension, avoiding incitement, and the importance of relying on responsible national discourse for a democratic, federal Iraq in which the word of the constitution and the law is above all."

The two parties discussed "the various security challenges, and the importance of continuing joint coordination between Baghdad and Erbil to address a number of files, foremost of which is the fight against terrorism, and the repeated attacks on Iraqi lands, and that Iraq's land should not be anywhere from a starting point or a haven for threatening neighboring countries." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=207182

Al-Kazemi’s Office Issues A Statement Regarding (Misleading Publications Intended To Blackmail The Government)

Political | 09:31 - 03/10/2022   Baghdad - Mawazine News, the media office of Prime Minister Mustafa Al-Kazemi issued, on Monday, a statement regarding "misleading publications whose purpose is to blackmail the government and mislead public opinion."

In the statement received by Mawazine News, the office said, "One of the representatives published on his social media page, false and misleading information for the public opinion about the doors of the Prime Minister's Office disbursing the amount allocated to him from the Emergency Support Law for Food Security and Development (Law No. 2 of 2022).

The matter that should be noted, and the ambiguities raised by a deputy who exceeded the limits of his legal duties and obligations, as follows:

1- The sums included in the “emergency support” law were voted on by the House of Representatives, and were subject to discussion and oversight by the members of the House, including the aforementioned deputy, who had to register his objection according to the law to those amounts; As for the Council of Ministers, its legal responsibility is to distribute these amounts to the eligible parties according to the legal tracks, and this is what actually happened.

2- The “Emergency Support” law included allocating an amount of 400 billion Iraqi dinars to the security and military agencies, and from this amount an amount was allocated to the Office of the Prime Minister - the Commander in Chief of the Armed Forces, with only half of the 35 billion Iraqi dinars spent during this government to the agencies The security attached to the office of the Prime Minister - Commander-in-Chief of the Armed Forces, in specific doors and in certain areas, and not, as the deputy claimed, that it is furniture for the Prime Minister's office.

3- The aforementioned amount - as stipulated in the "emergency support" law - includes all departments affiliated with the Presidency of the Council of Ministers, and important files that are followed up by the government, including compensation for the wounded and security support, as well as securing the requirements and expenses of all the special squad, which is concerned with securing and protecting the departments State-owned, green zone and others.

4- The disbursement procedures are carried out in accordance with the legal procedures and the followed contexts, and with all transparency, after being classified in a fundamental manner by the Ministry of Finance.

5- Until this moment, the above-mentioned amount has not been disbursed, pending the completion of the official procedures of the Ministry of Finance, and obtaining its approval for the exchange.

The statement added, "While we affirm the respect and appreciation of the legislative authority and parliamentarians, we regret the decline in understanding the limits of the legislative role according to the law among some representatives, who have turned social media sites into arenas for political clowning and publishing false and misleading documents, in the hope of gaining illegal sympathy. This is not appropriate for the mission for which they were elected.

Al-Kazemi's office concluded the statement by saying, "Therefore, the Prime Minister's Office will prosecute the violating deputy according to the law." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=207165

Al-Kazemi Congratulates On The Occasion Of The National Day

Political | 11:03 - 02/10/2022   Baghdad - Mawazine News   Prime Minister Mustafa Al-Kazemi congratulated the Iraqi people on the occasion of the National Day of the Iraqi Republic.    https://www.mawazin.net/Details.aspx?jimare=207151

Al-Zaidi: The October Movement Is An Important Pressure Card On The Path Of The Political Process

Political | 06:21 - 02/10/2022   Baghdad - Mawazine News, the Secretary-General of the Imam Ali Brigades, Shibl al-Zaidi, revealed, on Sunday, the importance of the Tishreen movement to the political process in Iraq.

Al-Zaidi said in a statement received by Mawazine News that the October youth, their movement and their free voice are an important pressure card on the course of the political process and its outputs, and it could change the political situation and the state structure in general if the movement’s people took advantage of their capabilities and avoided risks and avoided falling into lapses or traps.

He continued, that the observer of the political process notes that the process of generational displacement is moving in a certain direction, and there are entities and parties that are heading towards decline or decline and demise, and there are emerging young entities and independent personalities that have succeeded in good numbers in entering the parliament, and according to opinion polls, the next parliament will be under normal and security conditions.

The electorally good will witness a clear infusion of new blood into the political process, and there is a great opportunity for independents and local energies to win the parliamentary elections expected soon, and the Iraqi street is inclined to change, and has despaired of the struggles of the political class and abhorred its discourse.

Al-Zaidi continued, that this reading was noticed by the Sadrists before other political forces, as they felt that the winds of change had blown and the entire political class had taken off, and all the steps and actions taken by the Sadrists were reactions and change of tactics to keep pace with future political action with the new partners (the October generation).

They pursued two tracks, the first being a desperate attempt to form a national majority government that might enable them to stay with the upcoming parliamentary and political change movement, an opportunity through which they could weaken and exhaust the framework forces, fragment them and end their existence in the future.

Or swallow it, because, in all accounts, the real competitor in the Iraqi street is the one who fills the vacuum of political and electoral decline in the rest of the Shiite forces if they invest their energies and put their affairs in order, so the radiance of Kanon and the like of the new, independent and developing free movements is the future that is relied upon.

Al-Zaidi added in his statement, "Therefore, advocates of change and students of reform had to do two things, first, not to leave the street while preserving identity and science, and not to be drawn into conflicts as a third party with its identity, principles and demands, and to leave conflicts and not enter into the conflict of the axes, whether internally or externally, with pruning The discourse and focus on national issues and giving realistic, studied and implementable solutions,

and the second - which is the most important - preparing to work with all energies for the upcoming elections, rejecting division and ego, and presenting the nation's interest with the support of the most qualified and capable of you or your representative to fill the parliamentary seat.

And if possible, form a group of parties, alliances and entities among you. The more you gather, the better for you, and do not be divided, so your wind will go away. End 29/R77    https://www.mawazin.net/Details.aspx?jimare=207125

The Last Fight.. A Resigned Sadrist Deputy Describes The Upcoming Parliament Session

Political | 06:03 - 02/10/2022    Baghdad - Mawazine News   On Sunday, the resigned deputy from the Sadrist bloc, Haider Abdel Karim Al-Muhammadawi, described the upcoming parliament session as the last fight.

Al-Muhammadawi said in a Facebook post, which was followed by "Mawazine News", that the session for selecting the President of the Republic and assigning the Prime Minister will be decisive (the last fight).    Al-Muhammadawi stressed, "We will fold the record of consensus and quotas forever."

A political source had stated earlier today, Sunday, that the leader of the Sadrist movement, Muqtada al-Sadr, rejected all mediations from the coordination framework, except for two political parties.

The source told (Mawazine News) that al-Sadr rejected all mediations of the coordination framework, as well as from the prime ministerial candidate, Muhammad Shiaa al-Sudani.

He added that al-Sadr accepts talking only with the Alliance of Sovereignty and the Kurdistan Democratic Party on the issue of forming a government and the possibility of the current's participation in it.

The source indicated that al-Sadr will give his decision on forming the next government after evaluating contacts with the leader of the Sovereignty Alliance, Khamis al-Khanjar, and the President of the Kurdistan Government, Nechirvan Barzani.   https://www.mawazin.net/Details.aspx?jimare=207124

A Parliamentary Committee Intends To Host Officials To Discuss The Turkish And Iranian Attacks On Iraq

Political | 03:47 - 02/10/2022   Baghdad - Mawazine News   On Sunday, the Parliamentary Security and Defense Committee announced its intention to host the National Security Adviser and Deputy Commander of Joint Operations regarding the repeated Turkish and Iranian attacks on Iraqi territory.

A statement by the Parliament’s Media Department, received by Mawazine News, stated that “the Security and Defense Committee held a meeting today, headed by Representative Khaled Al-Obeidi, and the presence of the members of the committee to discuss hosting ministers and security leaders related to their work on the committee’s work based on the directives of the Speaker of the House of Representatives in the second session of the necessity of the parliamentary committees resuming their oversight role. and Legislative.”

He added that "during the meeting, the hosting of the Minister of Interior was discussed, as well as the discussion of hosting the Supreme Committee and its members to return their contracts rescinded by the military and security services."

The statement continued, "The committee discussed hosting the National Security Adviser and Deputy Commander of Joint Operations to discuss the repercussions of the repeated Turkish and Iranian attacks on Iraqi territory," noting that "the committee discussed hosting the head of the National Security Apparatus to see the mechanism of the agency's work."

The statement quoted the committee as confirming that “it will hold its periodic meetings in order to discuss the projects and proposals of the stalled laws to proceed with their legislation,” stressing that “legislating laws is one of its priority in the current legislative term.” Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=207114

Rewaz Faeq And A French Official Discuss Strengthening Diplomatic Coordination Between Kurdistan And France

Posted On2022-10-03 By Sotaliraq   Kurdistan Parliament Speaker Riwaz Faeq discussed on Sunday ways to strengthen diplomatic relations between the Kurdistan Region and France.

This came during her meeting with the head of the Committee on Foreign Relations and Defense in the French Senate, Christian Camon, during which they discussed a number of files.

A statement issued by the Kurdistan Parliament's media office stated that the two sides shed light during the meeting on parliamentary work, public freedoms, human rights, coexistence and equality between the various religious and national components in the Kurdistan Region.

Cambon stressed the need to strengthen parliamentary relations and diplomatic cooperation between France and the Kurdistan Region, as well as the exchange of experiences between the parliamentary committees of both sides.

Rewaz Faeq touched on the historical relations between the Kurdistan Region and France, especially the support of Daniel Mitterrand after the uprising of the Kurdish people, and considered it a memory that will never be forgotten. She also praised France's role in supporting the Kurdistan Region and its support in the war against ISIS terrorists, according to the statement.   LINK

Iraqi News Monday AM 10-3-22

Iraqi News Monday AM 10-3-22

Tlm724 Administrator Bondlady’s Corner

The United States Affirms Its Support For A "Stable, Secure And Prosperous" Iraq

Monday, 3 October 2022 9:20 Am   Baghdad/National News Center  Today, Monday, the United States of America affirmed its support for a "stable and secure" Iraq, on the occasion of the Iraqi National Day.

The US Embassy in Baghdad said, in a brief statement, received by the National News Center, that it "congratulates the Iraqi people on the occasion of the Iraqi National Day, stressing that the United States stands by the Iraqi people in supporting a stable, secure and prosperous Iraq."

Today, Monday, October 3, 2022, is the Independence Day of the Republic of Iraq, and the authorities have declared an official holiday throughout the country on the occasion.  https://nnciraq.com/155142/

Al-Kazemi And Barzani Stress The Importance Of Adopting Dialogue To Get Out Of The Political Blockage

Today, Monday, Prime Minister Mustafa Al-Kadhimi and the head of the Kurdistan Democratic Party, Masoud Barzani, stressed the importance of adopting dialogue between all forces to get out of the political impasse.

The media office of the Prime Minister said in a statement, "Prime Minister Mustafa Al-Kazemi met today, the head of the Kurdistan Democratic Party, Massoud Barzani, during his visit to Erbil Governorate."

He added that "the meeting discussed the overall political situation in the country, and the importance of adopting a national dialogue between all political forces to get out of the political blockage that is affecting the general situation, impeding the provision of services to citizens, and threatening to destabilize," noting that "the meeting witnessed an emphasis on the role of Political and social activities in facilitating understanding, lowering the level of tension, avoiding incitement, and the importance of relying on responsible national discourse for a federal democratic Iraq in which the word of the constitution and the law is above all.

The office stated that "the two parties discussed various security challenges, and the importance of continuing joint coordination between Baghdad and Erbil, to address a number of files, foremost of which is the fight against terrorism, and the repeated attacks on Iraqi lands, and that Iraq's land should not be anywhere from a starting point or a haven to threaten neighboring countries."

https://www.radionawa.com/all-detail.aspx?jimare=31468

Economist: The Need To Strengthen The System For The Protection Of Investment Buildings And Make It Compulsory

Monday 03 October 2022 10:36 | Economic Number of readings: 236   Baghdad / NINA / - The economic expert, Safwan Qusay, stressed the need to strengthen the investment building protection system and transform it from an optional system to a compulsory system by forcing all commercial and government property owners to deal with insurance companies to ensure the safety of users of these constructions.

Qusay said in a statement to the National Iraqi News Agency / NINA /: "The collapse of the Karrada building showed the need to strengthen the protection system and transform it from an optional system to a compulsory one by forcing all owners of commercial and government property to deal with insurance companies to verify the quality of construction and its suitability for use to ensure the safety of users of these. constructions".

And Qusay: "The fees are deducted from taxes paid on income and that the Ministry of Finance bears the costs of comprehensive insurance on all government units, with the need to not grant a license to practice commercial, health or industrial work or any other economic activity until after the insurance process is completed."

The economic expert added, "Insurance is a system of protection for individuals, property and equipment, and it is the most important key to attracting local, regional and international investments."

It is noteworthy that a five-storey building, for pathological analyzes in Al-Wathiq Square in Baghdad, collapsed yesterday, and the accident led to the death and injury of a number of citizens./ End 8

https://ninanews.com/Website/News/Details?key=1004107

Iraq Maintains Its Position Among The Largest Countries In Possession Of Gold Reserves

Monday 03 October 2022 12:09 | Economic Number of readings: 244   Baghdad / NINA / - The World Gold Council announced today, Monday, that there is a limited demand for buying the yellow metal, while noting that Iraq has maintained its thirtieth rank in the world among the largest countries in possession of gold reserves.

The council said in its latest schedule for the month of October 2022, that "purchasing gold from central banks slowed, as three banks increased their gold reserves by a ton or more, while there were no prominent sellers with the same measure in the available data."

He pointed out that "Iraq maintained its global position after it rose ten ranks last July after purchasing 34 tons of gold to rank 30 out of 100 countries listed in the table with the largest gold reserves, reaching 130.4 tons of gold, which represents 9.6% of the rest of its reserves. other".

The council stated that "the total gold reserves of the first five Arab countries, namely Saudi Arabia, Lebanon, Algeria, Iraq and Egypt, rose to 1,039 thousand tons as a result of Iraq and Egypt purchasing large quantities of the yellow metal."

Globally, the United States of America is still on the list with the largest gold holdings in the world with 8133 tons, followed by Germany 3,355 tons, then Italy 2,451 tons, while the Lao People’s Republic ranked 100 with 900 kilograms, preceded by the Republic of Cape Verde with one ton

. On June 27, Iraq announced the purchase of new quantities of gold, amounting to approximately 34 tons, with an increase of 35% over what was in its possession./ End 8

https://ninanews.com/Website/News/Details?key=1004137

Efforts To Establish A Trade Exchange Zone Between Iraq And Saudi Arabia In Najaf

Reconstruction and building  Economy News – Baghdad Najaf Governor Majid Al-Waeli revealed that there are efforts to establish a free zone for trade exchange between Iraq and Saudi Arabia in the province.

Al-Waeli said, "An area for trade exchange between Iraq and the Kingdom of Saudi Arabia has been identified, which is hoped to have an area of ​​1,000 dunams within the Iraqi depth, 10 kilometers from the Iraqi-Saudi border."

He added, "This project is underway in coordination with the General Secretariat of the Council of Ministers," noting that "the project is a commercial city for free exchange between Iraq and Saudi Arabia."

He continued, "The project will provide thousands of job opportunities for the people of the province and the neighboring provinces," stressing that "its cadres are in vigorous follow-up for the purpose of completing the approvals from the concerned authorities in the Iraqi government and the Saudi side."

29 . views   Added 10/03/2022 - 6:09 PM   Update 10/03/2022 - 6:24 PM

https://economy-news.net/content.php?id=30016

The Rise In The Exchange Rate Of The Dollar Against The Dinar

Economie| 12:02 - 03/10/2022   Baghdad - Mawazine News, the dollar exchange rates rose, today, Monday, in the local markets.  Selling price: 147.700 dinars per $100   purchase price: 147.600 dinars per $100   https://www.mawazin.net/Details.aspx?jimare=207184

Leaks Reveal The Expected Scenario Of The (OPEC +) Meeting

Economie| 10:13 - 03/10/2022    Follow-up - Mawazine News, "The Wall Street Journal" reported, quoting participants in the upcoming "OPEC +" meeting, that the coalition countries are considering reducing oil production by more than one million barrels per day to support energy markets.

The countries of the “OPEC +” group, which includes oil-producing countries from “OPEC” and outside, will hold a meeting in Vienna next Wednesday “for the first time since March 2020” since the outbreak of the Covid-19 epidemic.

And according to a statement on the group, representatives of the 13 member states of "OPEC" led by Saudi Arabia, and their ten allies led by Russia, are meeting, amid leaks that the group's countries are considering significant production cuts in the face of fears of a recession in the global economy.

Markets fear that a recession in the global economy will affect global demand for black gold, which will disrupt energy markets. Ended 29/N33   https://www.mawazin.net/Details.aspx?jimare=207171

Oil Prices Rise, And Brent Barrel Exceeds $ 87

Economie| 03/10/2022   Follow-up - Mawazine News:  Oil prices jumped more than 3% in early trading in Asia, on Monday, while the OPEC + group is considering cutting production by more than one million barrels per day in the largest reduction since the Corona pandemic in an attempt to support the market.

Brent crude futures rose $2.51, or 3%, to $87.65 a barrel, after declining 0.6% at the close on Friday.

US West Texas Intermediate crude also rose 3%, or $2.39, to $81.88 a barrel, after losing 2.1 percent in the previous session, according to "Reuters". https://www.mawazin.net/Details.aspx?jimare=207157

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

https://www.bondladyscorner.com/

MilitiaMan Monday Afternoon " Looks Good For Us" 10-3-2022

KTFA:

Samson:  Deputy: Reducing the price of the dollar will be a top priority for the new government

3rd October, 2022

The deputy of the coordination framework, Ali Al-Bandawi, revealed, on Monday, the existence of a study on the possibility of returning the dollar exchange rate to its previous era, stressing that returning the exchange rate to what it was before has become a popular demand.

Al-Bandawi said in a statement to "Al-Maalouma", that "there is a study to return the exchange rate of the dollar, as it has become a popular demand, and that the only affected person is the poor citizen."

He added that "the file of changing the exchange rate will be a top priority for the new government, as it is linked to the state's financial policy," noting that "the people affected by it are a large segment of the Iraqi people and must be returned to its previous price, as it has become a popular demand."

And the representative of the Al-Fateh Alliance, Rafiq Al-Salihi, had revealed earlier, the existence of parliamentary moves to reduce the dollar exchange rate, indicating that Iraq’s revenues increase monthly after the rise in oil prices, which necessitates the government to return the dollar exchange rate to its previous era.  LINK

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MilitiaMan:  When they reduced the IQD to 1460 from 1190, it hurt the poor. That course of doing so has been run and served it's purpose.

 The next stage for the Central Bank is to serve it's purpose in a far more profound way that benefits the poor with purchase power. 

By that, it is to adjust the value of the IQD to an internationally acceptable and tradable currency outside it's borders and on international platforms with an IMF Article VIII compliant currency.

That is what has become a popular demand we are reading about.  Reverting back to 1190 is not reverting back to an era that was internationally acceptable nor Article VIII compliant with the IMF.

Having small category denominations doesn't work with program rates. The CBI didn't print new currency issuances in 2018 to throw them in the trash..  They intend to use them..  imo.. 

The new government is being hammered out as we speak. Painfully slow it is it surely seems, however, there is movement in that regard, see below.

In fact there is an intense focus on the matter. The matter is serious and it is in line with the financial issues that are already in place and ready to go once they announce the direction they are to go politically, I.e., taxes and tariffs at the borders, WTO, BUNA, etc...

It looks as though with all that has been in the news on these matters during their National Day, suggests the future meetings in the coming hours to days are very expectant for results to flow in both directions, political and financial.. Imo ~ This all looks very good for us. ~ MM

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During his meeting with Plasschaert .. Mr. Al-Hakim calls for the formation of a government of national service   LINK

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Al-Kazemi arrives in the capital of Kurdistan 

3rd October, 2022
The Federal Prime Minister, Mustafa Al-Kazemi, arrived today, Monday, at Erbil International Airport, and was received by the Prime Minister of Kurdistan Regional Government. LINK

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Masoud Barzani and Al-Kazemi stress the importance of dialogue to get out of the political blockage

LINK

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The Security Council will discuss developments in Iraq tomorrow

3rd October, 2022

Tomorrow, Tuesday, the UN Security Council will hold a session on the situation in Iraq and the United Nations Assistance Mission for Iraq (UNAMI)  LINK

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Al-Sadr: Freedom from the corrupt is the true national day of Iraq

3rd October, 2022

The leader of the Sadrist movement, Muqtada al-Sadr, said on Monday that liberation from the corrupt is the true national day of Iraq. LINK

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Board of Governors of the Federal Reserve System

Board Meeting

 Closed Board Meeting on October 3, 2022

Government in the Sunshine Meeting Notice

Notice of a Meeting under Expedited Procedures

On Monday, October 3, 2022 at 12:15 p.m., a meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures, as set forth in section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board’s offices at 20th and C Streets, N.W., Washington, D.C. and by audio/video conference call, to consider the following matters of official Board business.

Meeting Date: Monday, October 3, 2022

https://www.federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm