WOTS Thursday 1/24/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,166.4000 | 1,164.5000 | 1,164.5000 | | 07:03 |
| USD/VND | | | 23,194.0000 | 22,800.2000 | 22,800.2000 | | 07:03 |
| USD/CNY | | | 6.7955 | 6.7682 | 6.7820 | | 07:44 |
| USD/KWD | | | 0.3030 | 0.3022 | 0.3030 | | 07:45 |
| GBP/USD | | | 1.3087 | 1.3017 | 1.3084 | | 07:47 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,181.4000 | 14,106.5000 | 14,135.0000 | | 07:47 |
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DC NY Iraq Articles:dd
Urgent: Parliament postpones completion of Abdelmahdi's government to another notice
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Shafaq News / Iraqi parliament raised its session scheduled for Thursday noon to another notice. Shafaq News / Iraqi parliament raised its session scheduled for Thursday noon to another notice.
And the failure of the parliament to convene not to achieve the quorum of attendance of members, to decide the presidency of the parliament to adjourn the meeting to an unknown time after it was able to pass the budget in an advanced time on Thursday. And the failure of the parliament to convene not to achieve the quorum of attendance of members, to decide the presidency of the parliament to adjourn the meeting to an unknown time after it was able to pass the budget in an advanced time on Thursday.
Shafaq News / Iraqi parliament raised its session scheduled for Thursday noon to another notice. Shafaq News / Iraqi parliament raised its session scheduled for Thursday noon to another notice.
And the failure of the parliament to convene not to achieve the quorum of attendance of members, to decide the presidency of the parliament to adjourn the meeting to an unknown time after it was able to pass the budget in an advanced time on Thursday. And the failure of the parliament to convene not to achieve the quorum of attendance of members, to decide the presidency of the parliament to adjourn the meeting to an unknown time after it was able to pass the budget in an advanced time on Thursday.
The deputies failed yesterday to vote on the ministers of education and justice after the withdrawal of most of the attendees after the completion of the passage of the budget. The Deputies failed yesterday to vote on the ministers of education and justice after the withdrawal of most of the attendees after the completion of the passage of the budget.
The parliament was to approve the candidate of the Ministry of Education Safana al-Hamdani and the candidate of the Ministry of Justice staff capable, and basically remain the government of Abdul Mahdi, passing the ministers of defense and interior, which Parliament failed to pass because of a dispute over the candidates. The parliament was to approve the candidate of the Ministry of Education Safana al-Hamdani and the candidate of the Ministry of Justice staff capable, and basically remain the government of Abdul Mahdi, passing the ministers of defense and interior, which Parliament failed to pass because of a dispute over the candidates.
Iraqi Prime Minister Adel Abdul-Mahdi has been criticized for presenting a candidate for the Ministry of Education, with a bachelor's degree only, with a biography considered modest, after the relationship broke the brother of the former candidate Shaima Hayali with Daash, which prevented the vote on them, . Iraqi Prime Minister Adel Abdul-Mahdi has been criticized for presenting a candidate for the Ministry of Education, with a bachelor's degree only, with a biography considered modest, after the relationship broke the brother of the former candidate Shaima Hayali with Daash, which preverted the vote on them,.
Abdul-Mahdi announced the submission of Al-Hamdani to the House of Representatives to vote by the Minister of Education, and the pillars of Bibani Minister of Justice, while delayed the submission of candidates for the Ministries of Interior and Defense, because of incompatibility by the political blocs. Abdul-Mahdi announced the submission of Al-Hamdani to the House of Representatives to vote by the Minister of Education, and the bills of Bibani Minister of Justice, while deferred the submission of candidates for the Ministries of Interior and Defense, because of incompatibility by the political blocs.
The candidate Safana Hamdani holds a Bachelor's degree in the Faculty of Education in 1983 and has a 30-year educational service. She has 12 books of thanks and a number of courses in various fields. The candidate Safana Hamdani holds a Bachelor's degree in the Faculty of Education in 1983 and has a 30-year educational service. She has 12 books of thanks and a number of courses in various fields.
The parliament was to approve the candidate of the Ministry of Education Safana al-Hamdani and the candidate of the Ministry of Justice staff capable, and basically remain the government of Abdul Mahdi, passing the ministers of defense and interior, which Parliament failed to pass because of a dispute over the candidates. The parliament was to approve the candidate of the Ministry of Education Safana al-Hamdani and the candidate of the Ministry of Justice staff capable, and basically remain the government of Abdul Mahdi, passing the ministers of defense and interior, which Parliament failed to pass because of a dispute over the candidates.
Iraqi Prime Minister Adel Abdul-Mahdi has been criticized for presenting a candidate for the Ministry of Education, with a bachelor's degree only, with a biography considered modest, after the relationship broke the brother of the former candidate Shaima Hayali with Daash, which prevented the vote on them, . Iraqi Prime Minister Adel Abdul-Mahdi has been criticized for presenting a candidate for the Ministry of Education, with a bachelor's degree only, with a biography considered modest, after the relationship broke the brother of the former candidate Shaima Hayali with Daash, which preverted the vote on them,.
Abdul-Mahdi announced the submission of Al-Hamdani to the House of Representatives to vote by the Minister of Education, and the pillars of Bibani Minister of Justice, while delayed the submission of candidates for the Ministries of Interior and Defense, because of incompatibility by the political blocs. Abdul-Mahdi announced the submission of Al-Hamdani to the House of Representatives to vote by the Minister of Education, and the bills of Bibani Minister of Justice, while deferred the submission of candidates for the Ministries of Interior and Defense, because of incompatibility by the political blocs.
The candidate Safana Hamdani holds a Bachelor's degree in the Faculty of Education in 1983 and has a 30-year educational service. She has 12 books of thanks and a number of courses in various fields. The candidate Safana Hamdani holds a Bachelor's degree in the Faculty of Education in 1983 and has a 30-year educational service. She has 12 books of thanks and a number of courses in various fields.
The House of Representatives votes unanimously on the budget of 2019
Thursday, January 24, 2019 - 1:49 p
The House of Representatives voted unanimously on the draft law of the general budget of the country for the year 2019.
This came in an urgent news broadcast by the Iraqi channel and his follower.
South Korea to send special envoy to head of large delegation to Iraq
24/01/2019 12:23 PM | Number of readings: 19
The South Korean Foreign Ministry announced on Thursday that it would send a special envoy to Iraq at the head of a large delegation next week. "The delegation will come as part of efforts to improve bilateral relations between the two countries and with the new Iraqi government of the country," Yonhap said. "The delegation will be led by Korean President Han Pyeong-do's advisor," she said, noting that the visit will take three days from Monday. "The South Korean government delegation will include officials from the Ministries of Foreign Affairs, Finance and Construction, the Defense Insurance Agency and the Korean companies for business in Iraq," she said.
Oil falls hours after budget approval
12:34 - 24/01/2019
Information / Baghdad ..
Oil prices fell on Thursday as worries persisted that a slowdown in global growth could curb fuel demand and a sudden increase in US crude inventories.
Brent crude futures were $ 60.85 a barrel, down 29 cents, or 0.5 percent, from the previous settlement price.
US WTI crude futures were $ 52.37 a barrel, down 25 cents from the previous close.
"The crude market is currently focusing on global growth concerns mainly ... it seems to be looking at stock readings as a secondary factor," said Hugh Freim, portfolio manager at Frame Funds in Sydney.
"The IMF's reduction of the 2019-2020 outlook and the constant comments from Davos confirming that they expect global growth to slow down over the next two years put selling pressure on oil," he said.
Earlier this week, the IMF cut its forecast for global economic growth in 2019 and 2020 due to weakness in Europe and some emerging markets.
Meanwhile, world leaders and senior executives are meeting in Davos, Switzerland to discuss policy management amid fears of a global economic slowdown, damage caused by trade wars and British secession from the EU.
Oil market sentiment was also hurt by a surprise surge in US crude inventories after refiners cut output, the US Petroleum Institute said on Wednesday. Ending / 25
Siemens: We face fierce competition in energy contracts in Iraq
Release date: 2019/1/24 12:37 • 105 times read
{International: Euphrates News} The CEO of Siemens, Germany {Joe Kaiser} said that competition is fierce on contracts for electricity in Iraq.
"The fierce competition in Iraq is good as long as the best is able to win," Kaiser said in a statement on the sidelines of the Davos forum in Switzerland.
Earlier, the Ministry of Electricity announced the signing of two separate agreements with Siemens and General Electric to develop the country's electric power sector.
The agreement aims to solve the electricity crisis in Iraq through contracts and agreements that will be elaborated later with the aim of rehabilitating generating units and converting others into complex cycles, as well as the processing of new generation plants for the production of electricity and other transformational stations of different capacities in selected sites, .
The electricity production and distribution sector in Iraq has suffered from major problems for more than 15 years.
US President Donald Trump played a role in trying to block the German company's deal with the Iraqi government and push for the full deal to be awarded to US General Electric, Siemens' chief executive Joe Kaiser said in a November 5 press release.
"It is clear that there are extraordinary forces involved in the deal," he said. "Siemens has tremendous power in the United States, employing 60,000 people and indirectly creating another 150,000. So we are also an American company, We deserve respect and equality in the workplace. "
Earlier, the Ministry of Electricity announced the signing of two separate agreements with Siemens and General Electric to develop the country's electric power sector.
The agreement aims to solve the electricity crisis in Iraq through contracts and agreements that will be elaborated later with the aim of rehabilitating generating units and converting others into complex cycles, as well as the processing of new generation plants for the production of electricity and other transformational stations of different capacities in selected sites, .
The electricity production and distribution sector in Iraq has suffered from major problems for more than 15 years.
US President Donald Trump played a role in trying to block the German company's deal with the Iraqi government and push for the full deal to be awarded to US General Electric, Siemens' chief executive Joe Kaiser said in a November 5 press release.
"It is clear that there are extraordinary forces involved in the deal," he said. "Siemens has tremendous power in the United States, employing 60,000 people and indirectly creating another 150,000. So we are also an American company, We deserve respect and equality in the workplace. "
Turkish Airstrikes Kill at Least Two Civilians in Kurdistan
24/01/2019 - 00:33 Published in Kurdistan
Turkey conducts regular airstrikes and artillery bombardments in the region, allegedly targeting the positions of Kurdistan Workers’ Party (PKK).
According to locals, at least two other civilians are missing now.
BasNews has learned that the Wednesday airstrikes were around Shaja and Peparkha villages of Amedi district.
Parliamentary faction of the ruling Kurdistan Democratic Party (KDP) has denounced the airstrike in an official statement, reiterating that bombing civilians “could not be justified under any circumstances”.
It has also called on forces who give Turkey the excuse for continued offensives to withdraw from the civilian-populated areas.
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Mass demonstrations in Wasit in support of the governor of the coast
Release date: 2019/1/24 11:49 • 20 times read
(Wasit: Euphrates News) The people of Wasit province, on Thursday in mass demonstrations in favor of Governor Mohammed Jamil al-Mayahi.
The protests come after a vote by the provincial council on Tuesday to cancel the previous decision to elect Mohammed Jamil al-Mayahi governor.
The legal expert Tariq Harb, the vote of the Council of Wasit, "null after the issuance of a presidential decree in the appointment of the governor."
The legal expert Tariq Harb, the vote of the Council of Wasit, "null after the issuance of a presidential decree in the appointment of the governor."
The Council of Wasit voted on November 13, 2018, to choose Mohammed al-Mayahi as the successor to the former governor Mohammed Abd al-Rida Talal, who won the membership of the parliament of the national wisdom.
On 21 November, President Barham Salih issued a decree appointing Mohamed al-Mayahi as governor of Wasit.
According to the republican decree, "Mohamed Jamil Odeh al-Mayahi will be appointed governor of Wasit, and this decree will be implemented from the date of its issuance and published in the Official Gazette."
According to the republican decree, "Mohamed Jamil Odeh al-Mayahi will be appointed governor of Wasit, and this decree will be implemented from the date of its issuance and published in the Official Gazette."
A Russian oil company stops its work in a disputed area
Editorial Date: 2019/1/24 11:15 • 129 times read
Baghdad: A Kurdish official revealed the failure of Russian companies to explore oil in an exploratory area in a disputed area between the provinces of Diyala and Kirkuk.
"After two years of trying to dig three oil wells in the borders of Karamian, Gazprom canceled its work and failed to deliver the land to the peasants of the region," said the director of the Karka district of Kefri district, Ramyar Abdel Rahman.
He added that the company operating in the area of oil {Shakl} borders Kfri, stopped work, because of its failure to dig three oil wells within the area.
"The proportion of water was large in the oil wells, and that is why the oil production process could not produce more revenue than expenses, so the company finished its work and transferred its equipment from the region."
The Russian company compensated the landowners and handed over the land to another company for settlement and then handed over to the farmers
He added that the company operating in the area of oil {Shakl} borders Kfri, stopped work, because of its failure to dig three oil wells within the area.
"The proportion of water was large in the oil wells, and that is why the oil production process could not produce more revenue than expenses, so the company finished its work and transferred its equipment from the region."
The Russian company compensated the landowners and handed over the land to another company for settlement and then handed over to the farmers
Sumo sells Basra crude with strong bonuses
Release date: 2019/1/24 11:11 • 82 times scheduled
The Iraqi oil marketing company (SOMO) sold 2 million barrels of Basra light crude for loading at the end of February with price increases between $ 1.30 and $ 1.40 a barrel above the official price, trade sources said on Thursday.
The sources said Exxon Mobil probably bought the shipment for shipment on February 27 and 28 and is expected to be transported to Europe.
One source said the scarcity of supplies of high-sulfur crude in Europe and the competitive price of Basra crude compared to the Russian Oral ore, which is similar in feasibility, supported the Basra ore premium.
One source said the scarcity of supplies of high-sulfur crude in Europe and the competitive price of Basra crude compared to the Russian Oral ore, which is similar in feasibility, supported the Basra ore premium.
Qatar for the Gulf States: Build good relations with Iraq and Iran
Editorial date: 2019/1/24 9:09 • 295 times read
[Al-Furat News] Qatari Foreign Minister Mohammed bin Abdul-Rahman Al-Thani said there is no solution on the horizon for the Gulf crisis, calling on the Gulf Cooperation Council countries to build "good" relations with Iraq and Iran.
The Qatari minister said on Wednesday that the crisis between his country on the one hand and Saudi Arabia, the UAE, Egypt and Bahrain on the other will not be resolved soon.
In an interview with the Bloomberg network, the Qatari minister said that "there has been no move or step since the summit of the Gulf Cooperation Council (GCC) countries where some of the détente was expected to take place." Qatar continues its national agenda and remains open to dialogue, While the siege escalates from time to time. "
Sheikh Mohammed bin Abdulrahman Al-Thani called on the GCC countries to open a "positive" dialogue with Iran as part of the Gulf's geography in order to solve the "central issue of regional security".
The Qatari foreign minister also said that there is no alternative to Qatar from the Gulf Cooperation Council countries, stressing at the same time the need to build good relations with Turkey, Iran and Iraq because these countries form part of the region.
In an interview with the Bloomberg network, the Qatari minister said that "there has been no move or step since the summit of the Gulf Cooperation Council (GCC) countries where some of the détente was expected to take place." Qatar continues its national agenda and remains open to dialogue, While the siege escalates from time to time. "
Sheikh Mohammed bin Abdulrahman Al-Thani called on the GCC countries to open a "positive" dialogue with Iran as part of the Gulf's geography in order to solve the "central issue of regional security".
The Qatari foreign minister also said that there is no alternative to Qatar from the Gulf Cooperation Council countries, stressing at the same time the need to build good relations with Turkey, Iran and Iraq because these countries form part of the region.
Mashaan Jubouri: Fayadh bought the debts for the post of interior minister and industry minister a disaster on Iraq
Release date: 2019/1/24 8:30 • 367 times read
The former deputy Mishan Jubouri said that the candidate of the coalition of construction Faleh al-Fayadh of the Ministry of Interior, "bought the receivables of the deputies for the post," while the Minister of Industry and Minerals Saleh al-Jubouri "a disaster on Iraq."
"The completion of voting on the rest of the cabinet is difficult because of the candidates of justice and education," he said, adding that "a new candidate for education (joke) without knowing the fate of former candidate (Shaima Al-Hayali), which passed the distortion of the truth against the law."
"I do not think parliament speaker Mohamed Halabousi dares to the media that voting on [Shaima al-Hayali] would be a 101-vote pass if he did not have support from the parties of the [deep state] authority," he said, adding that "I was not supportive of Faleh al-Fayadh to assume the Interior Ministry."
Jubouri said that "Fayadh succeeded in buying the receivables of deputies in other blocks and provided facilities and appointments and promises of services in order to nail the position of the Ministry of the Interior is not with the mass of victory, but found to dismantle."
He added that "the former governor of Salah al-Din and the head of the Axis bloc Ahmad al-Jubouri chose the Minister of Industry Saleh al-Jubouri for evil reasons, believing that he would pass through Maired, came a former Iraqi intelligence officer from abroad called (Mutasim Adel Abdul Jabbar) was appointed in the Ministry of Industry, To the office of the current minister. "
He pointed out that "the Minister of Industry is a respected family son and unfortunately entrusted with the management of the ministry and we have to stop the disaster because it reached the fact that there is a controlled factor and one of them was given to the son of the sister {Muthana Samurai]," noting that "the general manager of the leather company was successful and exempted from To appoint one of the poles of the mass Ahmed al-Jubouri called {Riad Abdul Hussein Shafi} director of the company. "
"The president of the parliament and the political line he represents want to sell companies [to divide] Iraq. The deep state is working against the fact that there are factories in Iraq. Unfortunately there is movement in the axis of the building alliance to sell all vital installations in Iraq."
"If he decides to stand in front of me in the judiciary, I will open the gates of hell to him because I have the documents of his intervention," al-Jubouri said.
A member of the Parliamentary Integrity Committee in the previous session that "the Committee was closing the files of corruption with funds, especially in banks, and the currency of one of them, and there are those who benefited in the Integrity Commission in large numbers."
He pointed out that "corruption operations are waiting to pass Article 14 of the Federal Budget Law for 2019 and the Alliance of Reform and Reconstruction succeeded in canceling," explaining that "Article 14 was added to the budget law of the lobby imposed by the axis of Ahmed Jubouri and any attempt to produce this article in a new format is a betrayal of Iraq "He said.
He recalled Jubouri "in 2013 was arrested by the investigating authorities on charges of fraud against one of my relatives of the former regime, and stood before the judiciary and came Omar Hegel of the Islamic Party and swear to the Koran I reached, and the judge found in the documents and documents that was in his possession I was sentenced to death by the regime and found the name of Washi Blogger and released me. "
On the inclusion of the proposal of Foreign Minister Mohammed Ali al-Hakim by adding paragraph {f} to Article 31 of the Budget Law explained Jubouri said: "The Foreign Minister is a professional diplomat wants to give jobs to graduates of the diplomatic corps and not to appoint Baathists from abroad," likely "the Department of Defense and Interior ministries by proxy" .
In response to the goal of the Qatari player Bassam Al-Rawi in the game against Iraq at the Asian Nations Championship, the former MP said: "I think Bassam Al-Rawi a ball player and take another nationality and his right to register and achieved a great goal of the state that embraced him and this case opens a file of all the Iraqi experience that went to other countries."
"I do not think parliament speaker Mohamed Halabousi dares to the media that voting on [Shaima al-Hayali] would be a 101-vote pass if he did not have support from the parties of the [deep state] authority," he said, adding that "I was not supportive of Faleh al-Fayadh to assume the Interior Ministry."
Jubouri said that "Fayadh succeeded in buying the receivables of deputies in other blocks and provided facilities and appointments and promises of services in order to nail the position of the Ministry of the Interior is not with the mass of victory, but found to dismantle."
He added that "the former governor of Salah al-Din and the head of the Axis bloc Ahmad al-Jubouri chose the Minister of Industry Saleh al-Jubouri for evil reasons, believing that he would pass through Maired, came a former Iraqi intelligence officer from abroad called (Mutasim Adel Abdul Jabbar) was appointed in the Ministry of Industry, To the office of the current minister. "
He pointed out that "the Minister of Industry is a respected family son and unfortunately entrusted with the management of the ministry and we have to stop the disaster because it reached the fact that there is a controlled factor and one of them was given to the son of the sister {Muthana Samurai]," noting that "the general manager of the leather company was successful and exempted from To appoint one of the poles of the mass Ahmed al-Jubouri called {Riad Abdul Hussein Shafi} director of the company. "
"The president of the parliament and the political line he represents want to sell companies [to divide] Iraq. The deep state is working against the fact that there are factories in Iraq. Unfortunately there is movement in the axis of the building alliance to sell all vital installations in Iraq."
"If he decides to stand in front of me in the judiciary, I will open the gates of hell to him because I have the documents of his intervention," al-Jubouri said.
A member of the Parliamentary Integrity Committee in the previous session that "the Committee was closing the files of corruption with funds, especially in banks, and the currency of one of them, and there are those who benefited in the Integrity Commission in large numbers."
He pointed out that "corruption operations are waiting to pass Article 14 of the Federal Budget Law for 2019 and the Alliance of Reform and Reconstruction succeeded in canceling," explaining that "Article 14 was added to the budget law of the lobby imposed by the axis of Ahmed Jubouri and any attempt to produce this article in a new format is a betrayal of Iraq "He said.
He recalled Jubouri "in 2013 was arrested by the investigating authorities on charges of fraud against one of my relatives of the former regime, and stood before the judiciary and came Omar Hegel of the Islamic Party and swear to the Koran I reached, and the judge found in the documents and documents that was in his possession I was sentenced to death by the regime and found the name of Washi Blogger and released me. "
On the inclusion of the proposal of Foreign Minister Mohammed Ali al-Hakim by adding paragraph {f} to Article 31 of the Budget Law explained Jubouri said: "The Foreign Minister is a professional diplomat wants to give jobs to graduates of the diplomatic corps and not to appoint Baathists from abroad," likely "the Department of Defense and Interior ministries by proxy" .
In response to the goal of the Qatari player Bassam Al-Rawi in the game against Iraq at the Asian Nations Championship, the former MP said: "I think Bassam Al-Rawi a ball player and take another nationality and his right to register and achieved a great goal of the state that embraced him and this case opens a file of all the Iraqi experience that went to other countries."
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The text of the Federal Court's appeal of articles in the law of the National Oil Company thank you DC
Editorial Date: 2019/1/23 12:20 • 19 times read
The Federal Supreme Court issued a constitutional ruling on the appeals contained in articles in the law of the Iraqi National Oil Company No. (4) for the year 2018, which ruled unconstitutional section of those materials, including on the identification of the objectives of the company and the process of marketing oil.
"The Supreme Federal Court held its session today under the chairmanship of Judge Medhat al-Mahmoud and the presence of all members of the judges and considered the appeals contained in the law of the Iraqi National Oil Company and issued a ruling on them."
Al-Samok added that "the court found that the constitutional articles that directly govern the subject of the case are: Article (5) of the Constitution, which stipulates" the sovereignty of the law and the people, the source of the authorities. "Article 61 (1) of the Constitution, (62 / II) of the Constitution, which provides for (the House of Representatives to move between the doors and chapters of the general budget and reduce the total amounts, and if necessary to propose to the Council of Ministers to increase the total amount of expenditure.
He added that "the articles according to the ruling of the Federal Supreme Court also includes Article (78) of the Constitution, which called on the Prime Minister the responsibility for the direct implementation of public policy of the state, and Article (80) of the Constitution, which in paragraphs (I and IV) the Council of Ministers the authority to plan and implement the policy And the general plans of the state and the preparation of the draft general budget and the final account and development plans.
He pointed out that "the court stated in its ruling Article (106) of the Constitution, which decided the existence of a public body to monitor the allocation of federal imports and justice, and Article 110 of the Constitution provided for the exclusive powers of the federal authorities, including the provision of paragraph (first) (Drafting the foreign economic and trade policy sovereign), and paragraph (III) of which stipulated (the drawing of fiscal and customs policy and issuance of currency and regulation of trade policy across the borders of the province and provinces in Iraq and the development of the general budget of the state and the formation of monetary policy and the establishment of the Central Bank and its administration).
The official said that "the court cited the article (111) of the Constitution, which decided that oil and gas is the property of the Iraqi people in all regions and provinces, and Article (112) of the Constitution, where paragraph (I) of them that the management of oil and gas extracted from The current fields are handled by the federal government with the governments of the provinces and producing provinces to distribute their imports in a fair manner commensurate with the distribution of population throughout the country taking into account the affected regions and those that were unfairly deprived by the former regime and then affected to ensure the balanced development of different regions of the country " .
He added that "the Court mentioned paragraph (II) of the same article provides for the validity of the federal government and the governments of regions and provinces producing together to draw strategic policies to develop the wealth of oil and gas, and Article (114) of the Constitution, which specialized in the statement of common competencies between the federal authorities and regional authorities, Development and general planning and the design and organization of the internal financial resources policy to ensure fair distribution. "
"The Supreme Federal Court found that the inclusion of any text in the law leads to the removal of jurisdiction of the exclusive federal authorities or joint competencies between them and the authorities of the provinces and provinces producing oil and gas is contrary to the provisions of the Constitution and the need to rule unconstitutional."
He went on to say, "The Federal Supreme Court and based on the above decided to rule on the unconstitutionality of the following articles:
Article (3) of the law, because the tasks carried out by its objectives are contrary to the provisions of Article (112) with its paragraphs (1) and (II) and Article (114) of the Constitution. The tasks mentioned in Article (3) The federal government with the governments of oil-producing provinces and provinces.
2 - Paragraph (III and V) of Article (4) of the law and as far as the process of marketing oil, as this is the functions of the Ministry of Oil and the associated company, in contradiction to Article (112) of the Constitution.
Article (7 / I / 1) of the law, which stipulates that "the company shall be headed by an employee with the rank of minister ...", in contradiction to the provisions of Article 62 / II of the Constitution. .
Article (h) of paragraph (2) of Article (7) concerning the making of the oil company (somo) from the formations associated with the status of the company, in contradiction to the provisions of Article (110 / I and III) of the Constitution.
5- Article (8) of the law which stipulates the functions of the Board of Directors and that the majority of these functions are the competencies of the federal government with the oil producing regions and governorates together on the basis of Articles (78), (80) and (112) of the Constitution.
Article (11) of the law, which stipulates (first: the company deducts an amount covering all investment and operational costs and not less than the average cost in all fields invested for each barrel of crude oil and gas produced plus a certain percentage of profit and this is determined by agreement between The Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance after the end of the financial year of the company and after the completion of the final accounts and ratification ) For its incompatibility with the provisions of Articles (78), (80), (111) and (112) of the Constitution.
Article (12) of the law, which showed the financial revenues of the company and its profits and distribution, in violation of the provisions of Articles (78), (80 / First and Second), (106), (111) and (112) of the Constitution.
Article (13 / second) of the law stipulates that "Excluding the incentives of the employees of the company from the provisions of the law of the salaries of state employees and the public sector No. 22 of 2008 and this shall be determined by a system issued by the Council of Ministers. II) of the Constitution where it included a financial burden not taken in the opinion of the Council of Ministers.
9- Article (16) of the law stipulated in paragraph (1) that the company and the companies owned by it shall be excluded from the Financial Management Law, the Public Companies Law, the Customs Law, the Foreigners Residence Law, the Law of Implementing Government Contracts, the Instructions to facilitate its implementation, Article (5) of the Constitution shall be issued by the Council of Ministers and at the suggestion of the Company to replace the exempted laws provided for in paragraph (1) of this article individually to guarantee the rights of the public treasury. That it is not permissible to annul the law of Ma Bin System or instructions.
10- Article (18 / VI) of the law which stipulates that "the company may contribute to the development of the agricultural, industrial and service sectors ...", in contradiction to the provisions of Articles (78) and (80) of the Constitution.
Al-Samok said that "the Federal Supreme Court decided to respond to the rest of the appeals contained in the consolidated cases mentioned above because they do not conflict with the provisions of the Constitution and with the general policy of the state provided for in Article 80 of the Constitution and because it came as a legislative option for the House of Representatives, (61 / I) of the Constitution. "
Al-Samok added that "the court found that the constitutional articles that directly govern the subject of the case are: Article (5) of the Constitution, which stipulates" the sovereignty of the law and the people, the source of the authorities. "Article 61 (1) of the Constitution, (62 / II) of the Constitution, which provides for (the House of Representatives to move between the doors and chapters of the general budget and reduce the total amounts, and if necessary to propose to the Council of Ministers to increase the total amount of expenditure.
He added that "the articles according to the ruling of the Federal Supreme Court also includes Article (78) of the Constitution, which called on the Prime Minister the responsibility for the direct implementation of public policy of the state, and Article (80) of the Constitution, which in paragraphs (I and IV) the Council of Ministers the authority to plan and implement the policy And the general plans of the state and the preparation of the draft general budget and the final account and development plans.
He pointed out that "the court stated in its ruling Article (106) of the Constitution, which decided the existence of a public body to monitor the allocation of federal imports and justice, and Article 110 of the Constitution provided for the exclusive powers of the federal authorities, including the provision of paragraph (first) (Drafting the foreign economic and trade policy sovereign), and paragraph (III) of which stipulated (the drawing of fiscal and customs policy and issuance of currency and regulation of trade policy across the borders of the province and provinces in Iraq and the development of the general budget of the state and the formation of monetary policy and the establishment of the Central Bank and its administration).
The official said that "the court cited the article (111) of the Constitution, which decided that oil and gas is the property of the Iraqi people in all regions and provinces, and Article (112) of the Constitution, where paragraph (I) of them that the management of oil and gas extracted from The current fields are handled by the federal government with the governments of the provinces and producing provinces to distribute their imports in a fair manner commensurate with the distribution of population throughout the country taking into account the affected regions and those that were unfairly deprived by the former regime and then affected to ensure the balanced development of different regions of the country " .
He added that "the Court mentioned paragraph (II) of the same article provides for the validity of the federal government and the governments of regions and provinces producing together to draw strategic policies to develop the wealth of oil and gas, and Article (114) of the Constitution, which specialized in the statement of common competencies between the federal authorities and regional authorities, Development and general planning and the design and organization of the internal financial resources policy to ensure fair distribution. "
"The Supreme Federal Court found that the inclusion of any text in the law leads to the removal of jurisdiction of the exclusive federal authorities or joint competencies between them and the authorities of the provinces and provinces producing oil and gas is contrary to the provisions of the Constitution and the need to rule unconstitutional."
He went on to say, "The Federal Supreme Court and based on the above decided to rule on the unconstitutionality of the following articles:
Article (3) of the law, because the tasks carried out by its objectives are contrary to the provisions of Article (112) with its paragraphs (1) and (II) and Article (114) of the Constitution. The tasks mentioned in Article (3) The federal government with the governments of oil-producing provinces and provinces.
2 - Paragraph (III and V) of Article (4) of the law and as far as the process of marketing oil, as this is the functions of the Ministry of Oil and the associated company, in contradiction to Article (112) of the Constitution.
Article (7 / I / 1) of the law, which stipulates that "the company shall be headed by an employee with the rank of minister ...", in contradiction to the provisions of Article 62 / II of the Constitution. .
Article (h) of paragraph (2) of Article (7) concerning the making of the oil company (somo) from the formations associated with the status of the company, in contradiction to the provisions of Article (110 / I and III) of the Constitution.
5- Article (8) of the law which stipulates the functions of the Board of Directors and that the majority of these functions are the competencies of the federal government with the oil producing regions and governorates together on the basis of Articles (78), (80) and (112) of the Constitution.
Article (11) of the law, which stipulates (first: the company deducts an amount covering all investment and operational costs and not less than the average cost in all fields invested for each barrel of crude oil and gas produced plus a certain percentage of profit and this is determined by agreement between The Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance after the end of the financial year of the company and after the completion of the final accounts and ratification ) For its incompatibility with the provisions of Articles (78), (80), (111) and (112) of the Constitution.
Article (12) of the law, which showed the financial revenues of the company and its profits and distribution, in violation of the provisions of Articles (78), (80 / First and Second), (106), (111) and (112) of the Constitution.
Article (13 / second) of the law stipulates that "Excluding the incentives of the employees of the company from the provisions of the law of the salaries of state employees and the public sector No. 22 of 2008 and this shall be determined by a system issued by the Council of Ministers. II) of the Constitution where it included a financial burden not taken in the opinion of the Council of Ministers.
9- Article (16) of the law stipulated in paragraph (1) that the company and the companies owned by it shall be excluded from the Financial Management Law, the Public Companies Law, the Customs Law, the Foreigners Residence Law, the Law of Implementing Government Contracts, the Instructions to facilitate its implementation, Article (5) of the Constitution shall be issued by the Council of Ministers and at the suggestion of the Company to replace the exempted laws provided for in paragraph (1) of this article individually to guarantee the rights of the public treasury. That it is not permissible to annul the law of Ma Bin System or instructions.
10- Article (18 / VI) of the law which stipulates that "the company may contribute to the development of the agricultural, industrial and service sectors ...", in contradiction to the provisions of Articles (78) and (80) of the Constitution.
Al-Samok said that "the Federal Supreme Court decided to respond to the rest of the appeals contained in the consolidated cases mentioned above because they do not conflict with the provisions of the Constitution and with the general policy of the state provided for in Article 80 of the Constitution and because it came as a legislative option for the House of Representatives, (61 / I) of the Constitution. "
BANKS/BANKING/CREDIT
OFG Bancorp Reports 4Q18 & 2018 Results | Global Banking & Finance Review
Global Banking & Finance Review
OFG Bancorp (NYSE: OFG) reported results for the fourth quarter and year ended December 31, Read the full story
Goldman Sachs to back retail wealth platform Nutmeg
Sky News
Goldman Sachs, the Wall Street banking giant, is to extend its push into Britain's retail financial services sector by taking a stake in Nutmeg, the digital wealth manager. Read the full story
Heavyweight U.K. banks fall, pulling FTSE down
MarketWatch
The FTSE struggles as banks, miners and energy shares come under pressure. Read the full story
Bailout inspectors back in Greece, focus on banks
ABC News
Representatives of Greek bailout creditors review progress on measures demanded in return for debt relief Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in The Market on Wednesday
Investing.com
Economy Jan 23, 2019 10:53 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, January 23: 1. U.S. Futures Point Higher U.S. stock futures are quoted slightly higher after reports that the Senate will vote Thursday on rival proposals to end the partial shutdown of the federal government. At 5:45AM ET (10:45 GMT), the blue-chip Dow futures were up 82 points, or about 0.34%, the S&P 500 futures was up 8 points, or around 0.30%, while the tech-heavy Read the full story
Dow snaps 4-day winning streak as fears of an economic slowdown intensify
CNBC
Stocks fell as weak data out of China and lower global growth estimates from the IMF renewed fears of the global economy slowing down. Read the full story
European markets lower amid global growth concerns; UBS shares fall 4%
CNBC
European stock markets were in negative territory on Tuesday amid concerns on slowing global growth. Read the full story
Stocks - Global Growth Worries Send U.S. Futures Lower
Investing.com
Forex Jan 22, 2019 11:58 GMT Investing.com - U.S. futures pointed to a lower open on Tuesday when Wall Street reopens its doors after the Martin Luther King Jr. Day holiday amid a stream of concerns over global growth. The blue-chip Dow futures fell 187 points, or 0.76%, to 24,00.5 points by 6:52 AM ET (11:52 GMT), the S&P 500 futures lost 21 points, or 0.80%, to 2,650.12 points, while the tech-heavy Nasdaq 100 futures traded down 66 points, or 0.97%, to 6,727.12 points. U.S. investors will Read the full story
With Quantitative Tightening, Asset Price Deflation Has Arrived. Time To Sell?
Forbes
If asset prices inflated with QE, why wouldn't asset prices deflate with QT? As long as the Federal Reserve continues to mop up liquidity through quantitative tightening, asset prices are probably going to continue to deflate. Invest accordingly. Read the full story
Wall Street worries about China slowdown complicate Trump’s get-tough trade strategy
MarketWatch
A global economic slowdown is complicating White House efforts to wring concessions from China that satisfy President Trump’s demand for fairer trade. Read the full story
South African Markets - Factors to watch on Jan 22
Reuters
The following company announcements, scheduled economicindicators, debt and currency market moves and political eventsmay affect South African markets on Tuesday. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Coinbase Rolls Out Further Institutional Support For Bitcoin, Ethereum, And Litecoin
Forbes
Coinbase, the U.S. bitcoin and cryptocurrency exchange best-known for boasting it was signing up 50,000 retail accounts per day during the 2017 bitcoin bull run, is widening its support for institutional crypto trading... Read the full story
Bitcoin's Price Counters the VIX, Confirming It's Still a Risk Asset
CoinDesk
Bitcoin's price inversely correlates with the CBOE Volatility Index (VIX), meaning the premier cryptocurrency is still a risk-asset and not a safe haven. Read the full story
Bitcoin [BTC] Technical Analysis: Bear weathers the coin down
AMB Crypto
The cryptocurrency market is seen to have a sideways movement, with the major coins seeing the vermillion side of the market mostly. Bitcoin [BTC], the largest-cryptocurrency in the market, is also seen to have a similar trend. At the time of press, the coin was valued at $3,563.14, with a market cap of $62 billion.... Read the full story
Coinbase Rolls Out Further Institutional Support For Bitcoin, Ethereum, And Litecoin
Forbes
Coinbase, the U.S. bitcoin and cryptocurrency exchange best-known for boasting it was signing up 50,000 retail accounts per day during the 2017 bitcoin bull run, is widening its support for institutional crypto trading... Read the full story
Global crypto exchange looks to go public in the U.S. through a reverse merger
CNBC
The majority owner of Korean cryptocurrency exchange Bithumb is attempting to go public in the U.S., striking a deal to merge with publicly traded Blockchain Industries. Read the full story
Is There a Gold/Bitcoin Correlation?
TheStreet
Among the two major alternative currencies, gold has emerged on the upside, at least temporarily. On Nov. 14, 2018, CME bitcoin futures broke through the important $6,000 support level and lost more than 40 percent of their value in the next 12 days. On that same day gold futures accelerated off their lows and began an explosive 9 percent rally higher. Macro traders and analysts love dependable correlations between asset classes. The desire to spot a corollary trend is so great that maybe, just Read the full story
What We Learned in 100 Crypto Talks With Institutional Investors
CoinDesk
Endowments, family offices, pensions and other institutions are enthusiastic about crypto assets despite an overall pullback in valuations. Read the full story
CURRENCIES
Forex - U.S. Dollar Steady, Yen Weakens as Risk Appetite ImprovesInvesting.com
Forex Jan 23, 2019 08:13 GMT Investing.com - The U.S. dollar was holding steady against a basket of its rivals on Wednesday and the yen was broadly lower as risk sentiment improved, but concerns over slowing global growth and U.S.-China trade tensions looked likely to keep gains in riskier assets in check. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was at 95.97 by 03:10 AM ET (08:10 AM GMT), little changed for the day. The yen was Read the full story
Dollar muted and yen stronger in risk-off currency trading
MarketWatch
The U.S. dollar kicked a short U.S. trading week off in muted fashion, as Chinese economic data released over the long Martin Luther King Jr. Day weekend confirmed worries about a slowing engine of global growth. Read the full story
Pound euro exchange rate: GBP firms against EUR on strong UK labour report
Express
THE pound euro exchange rate is trading at €1.136, up 0.3 per cent from this morning’s opening rate. Read the full story
INSURANCE / HEALTH / SCIENCE
High Cholesterol? It Must Be January
The Wall Street Journal
A Danish study found a temporary cholesterol spike after people gorged themselves on holiday foods, suggesting it might be wiser to schedule blood tests later in the year. Read the full story
How likely are you live to 90? Depends on your gender and body size
CNN
Living to the ripe old age of 90 may depend on your body size — both height and weight — and your level of physical activity, and seems to be different for men and women, according to a new study of over 7,000 people. Read the full story
Amid shutdown, federal workers face health struggles: 'We are the ones that are suffering'
CNN
Even though furloughed government employees still may have insurance coverage, their lack of pay can make certain health needs and medications unaffordable. Here's how the government shutdown has made it difficult for three workers to afford lifesaving prescriptions and bills. Read the full story
When to take (or not take) aspirin to prevent heart trouble
CNN
Aspirin, a mild pain reliever, is one of the most familiar medicines in the world. One increasingly common use of this popular medicine, though, may not be safe for some older adults, a new analysis of existing research suggests. Read the full story
Three common cold myths you should stop spreading
Popular Science
A recent poll found that seven in 10 parents rely on “folklore strategies” to help their children avoid the worst of cold and flu season. Read the full story
USA / CANADA
US Treasury yields drop as attention turns to global growth concerns
CNBC
U.S. government debt prices were higher on Tuesday as investors turn their attention to the state of the global economy. Read the full story
Government shutdown: Updates on where things stand 32 days in
The New York Times
It has now been a month since the first day of the government shutdown, which has had wide-ranging effects across the United States. Read the full story
It is conceivable that the Fed needs to ease in another year or so, Ray Dalio says
Fox News
Bridgewater Associates founder Ray Dalio on the outlook for Federal Reserve, concerns over U.S. debt and the current market environment facing investors. Read the full story
Senate leaders agree to votes that offer possible path to reopen government
The New York Times
With most Republicans united behind Mr. Trump’s insistence that any legislation to reopen the government include money for a border wall and most Democrats opposed, neither measure is likely to draw the 60 votes required to advance. Read the full story
The most popular gas station brand in all 50 states
USA TODAY
Gas stations have come a long way from the days of dodgy restrooms around the back and stale crackers in a vending machine. Read the full story
EMERGING MARKETS
Brazil investor group to file lawsuit against Boeing-Embraer deal
Reuters
Brazilian investors’association Abradin said it would file a lawsuit claiming aproposed tie-up between U.S. planemaker Boeing Co andEmbraer SA should come with a public tender offer,escalating its fight against the proposed deal. Read the full story
Jair Bolsonaro says Brazil is open for business
CNN Business
Jair Bolsonaro had a simple message for the bankers, investors and chief executives gathered in Davos: Brazil is open for business. Read the full story
Facing losses in Brazil, GM turns to Sao Paulo state for tax breaks
Reuters
General Motors Co'sBrazil unit is in advanced talks with Sao Paulo state to receivetax incentives, the company told public officials and unionrepresentatives at a meeting on Tuesday, a few days after itsaid in a memo to workers that it was losing money in Brazil. Read the full story
UPDATE 2-Brazil central banker says Bolsonaro agenda supports investor hopes
Reuters
Reuters
(Adds market reaction, central bank statement, comments onpolicy autonomy in paragraphs 10-15) Read the full story
Study: Puerto Rico received slower, less "generous" federal aid than Texas, Florida
CBS News
Survivors of hurricanes Harvey and Irma received millions more in FEMA funds than Hurricane María survivors, according to the study Read the full story
MIDDLE EAST
Alan Dershowitz: Time to tell the truth about the Palestinian issue
The Hill
The New York Times ran one of the most biased articles about the conflict by a mainstream newspaper. Read the full story
Saudi crown prince still in the eye of the storm
TRT World
Saudi crown prince still in the eye of the storm Read the full story
Saudi inflation grows 2.5% in 2018 – GASTAT
Mubasher
Saudi Arabia's consumer price index (CPI), which is known as inflation, increased 2.5% to 107.3 points during 2018, compared to 104.7 points Read the full story
Turkey planning international investigation into Khashoggi case: minister
Reuters
Turkey is planning to launch an international investigation into the murder of Saudi journalist Jamal Khashoggi and will take further steps in coming days, Foreign Minister Mevlut Cavusoglu was quoted as saying by state-owned media. Read the full story
Assad blocks access to Damascus for EU envoys: diplomats
Reuters
Syria's President Bashar al-Assad has revoked special visas for European Union diplomats and officials traveling regularly between Beirut and Damascus, complicating efforts to distribute aid to civil war victims, three senior EU diplomats said. Read the full story
US demands security guarantee for Kurdish YPG from Turkey
Aljazeera
The protection of allied forces who fought and died battling the Islamic State of Iraq and the Levant (ISIL, or ISIS) in Syria must be guaranteed, US Secretary of State Mike Pompeo told his Turkish counterpart Mevlut Cavusoglu in a phone conversation. Pompeo and Cavusoglu talked on Monday as the NATO allies try to reach an agreement over the fate of US-backed, Kurdish-led fighters, who fought against the ISIL, following the planned withdrawal of US troops from northern Syria. The US State Read the full story
$5 billion Dubai megaresort rises from The World
CNN
The Heart of Europe, a $5 billion megaresort on The World archipelago, aims to revive the fortunes of one of Dubai's grandest development projects. Read the full story
Promotions lift South Africa's Clicks 20-week sales
Reuters
South Africa's retailpharmacy group Clicks reported a 7.8 percent increasein 20-week sales on Tuesday as health and beauty productsappealed to thrifty consumers in a deteriorating consumerspending environment. Read the full story
Zimbabwe: What Needs to Be Done to Stop Zimbabwe's Violent Meltdown
AllAfrica
Zimbabwe is sliding into a violent meltdown and it's expected to worsen, unless there are some serious interventions. Days of mass protests have been characterised by violence, looting and heavy-handedness by the police and army. It has led to the deaths and injury of many people, largely in Harare and Bulawayo's high-density areas. According to the Zimbabwe Human Rights NGO Forum, at least 12 people have been killed and thousands injured. In addition to placing many urban areas under military Read the full story
South Africa is said to help Zimbabwe with debt-clearance talks
FurtherAfrica
South Africa offered to use its influence with the International Monetary Fund and World Bank to help broker a debt-clearance plan for Zimbabwe, according to a person familiar with the matter. Read the full story
ASIA
Debate in China on quantitative easing heats up as growth slows
South China Morning Post
A debate over whether China’s central bank should directly bankroll state spending is flaring up among bureaucrats and economists in Beijing as the Chinese government is under growing pressure to find new ways to arrest a deepening economic slowdown. The… Read the full story
China's Xi Jinping warns over economy in high-level meeting: report
MarketWatch
Chinese President Xi Jinping has reportedly warned top officials to be wary of "black swans" and "grey rhinos" in face of a slowing economy. A report in state news outlook Xinhua said Xi told senior Communist Party officials in a speech to take action to lower risks to the economy. It came on the heels of data released Monday that showed China last year saw its slowest growth in decades. Some experts said the Communist Party is concerned that an economic slowdown could spark civil unrest, and Read the full story
Debate in China on quantitative easing heats up as growth slows
South China Morning Post
A debate over whether China’s central bank should directly bankroll state spending is flaring up among bureaucrats and economists in Beijing as the Chinese government is under growing pressure to find new ways to arrest a deepening economic slowdown. The… Read the full story
EUROPE
The practice of selling passports to the super wealthy gives free reign to mobsters and money launderers, Europe warns
Business Insider
A yacht in Malta, one of the countries that the EU is examining in its report on "citizenship for sale." The European Union is set to advise member nations how to root out abuse when selling residence or citizenship, a practice that critics warn gives free reign to foreign criminals operating in Europe. Brussels is specifically examining the "citizenship for sale" programs operated by Malta, Cyprus and Bulgaria, the Financial Times reported. Some 20 EU countries, including the UK, Portugal and Read the full story
The British public still have no idea what they voted for with Brexit – it’s not elitist to admit it
The Independent
In the run up to the 2016 EU referendum I campaigned for Stronger IN on the streets of South London. I’d never canvassed before and it was a disquieting experience. As I trudged through Lewisham handing out flyers, it became horribly apparent that most of those who I stopped to talk to didn’t understand what the hell was going on. Read the full story
Brexit survival kit helps Britons face the worst with freeze-dried fajita
Reuters
With just nine weeks to go until Britain is due to leave the European Union, a company is selling worried Britons a survival kit to help them prepare for the worst. Read the full story
How a no-deal Brexit could result in trucking hell
VICE
Britain could be weeks away from a chaotic departure from the EU that might ruin its most important border crossing Read the full story
Has Britain lost its shine in the world?
CNN
Is Brexit changing how the world views the UK? CNN's Becky Anderson talks to British diplomat Thomas Fletcher. Read the full story
UK ministers given briefing on terror threat -May's spokesman
Reuters
British ministers were given asecurity briefing by the head of the domestic intellgienceagency, Prime Minister Theresa May's spokesman said on Tuesday. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Thursday 1/24/19 did update on the indicative rates Sell Rate 1190
The currency auction is 230,787,624
There are no news and announcements.
Parliamentary Finance announces important details on the budget {expanded}
Editorial date: 2019/1/24 2:35 • 1577 times read
(Baghdad: Al-Furat News) The Parliamentary Finance Committee announced important details about the federal budget for 2019.
The Committee said in a joint press conference held in the House of Representatives after the adoption of the budget attended by the correspondent of the agency {Euphrates News} that "worked from the early morning hours of Wednesday until the last hours of the night to achieve justice and reduce the budget deficit and end the suffering of the Iraqi people, That "the most prominent paragraph worked by the Committee is to stop the new loans from abroad and rely on internal lending from the Pension Fund."
She added that she "made a great effort and bleeding human beings to the Iraqi people to achieve the budget of 2019, which included a lot of treatments for the segments of society, including the delayed contracts in the Ministries of Interior and Defense and the allocation of salaries for madmen in schools in all provinces.
"The budget also dealt with other social issues, including the social protection network, health and education by carrying out important transfers and also worked to reduce and pressure spending and stop any new external borrowing," noting that "this budget is characteristic of the rest of the budgets is the cessation of external borrowing."
"It dealt with a lot of problems where it allocated $ 3 trillion dinars for the development of regions in all provinces and trillion dinars to build a thousand new schools, and 500 billion dinars to the Ministry of Health and 500 billion dinars to meet the shortage of medicines if it happened, and 250 billion dinars to the social protection network and 200 Billion dinars extra for the ration card items. "
The committee also allocated 300 billion dinars to the Foundation of the martyrs, and the first time recognizes 400 billion dinars to start the actual establishment of the port of Faw and allocated an additional 152 billion dinars for the maintenance of dams and the distribution of more than one trillion dinars over the trillions to the provinces, and approved the allocation of funds for two important laws, Babylon, Iraq's historic capital and Samarra, Iraq's capital of Islamic civilization. "
"We also allocated a monthly tranche of 125 thousand dinars to all lecturers in all provinces, and the installation of all contracts of the Ministry of Electricity, whether investment or operational, and gave us the Council of Ministers permission to begin to install the procedure and contracts.
The committee also allocated 70% of the development of the provinces and 30% of the new projects. We also allocated additional funds to the Ministry of Higher Education and Scientific Research for 125 million dinars for the purpose of expanding student admission. We allocated more than 300 billion dollars to the Ministry of Housing and Construction to open the new international road. On the bridge of the two floors as well as the road [Abu Ghraib - Latifieh - Hala] and also allocated sums for the road Qar (architecture - Batir - Aldair). "
The Parliamentary Finance Committee pointed out "the allocation of funds to the Secretariat of Baghdad by 95 billion dinars and allocated sums for the road {Hawija - Kirkuk} and the road {Mosul - Erbil} and allocated amounts to Halabja and Sulaymaniyah to build a center for bone and cancer tumors, as we allocated to the University of Shatra in the province of Dhi Qar, Basra province allocated additional funds estimated at 100 billion dinars. "
The committee concluded its conference by saying that it "decided to limit the funds collected from the provinces added to the allocations of ministries."
She added that she "made a great effort and bleeding human beings to the Iraqi people to achieve the budget of 2019, which included a lot of treatments for the segments of society, including the delayed contracts in the Ministries of Interior and Defense and the allocation of salaries for madmen in schools in all provinces.
"The budget also dealt with other social issues, including the social protection network, health and education by carrying out important transfers and also worked to reduce and pressure spending and stop any new external borrowing," noting that "this budget is characteristic of the rest of the budgets is the cessation of external borrowing."
"It dealt with a lot of problems where it allocated $ 3 trillion dinars for the development of regions in all provinces and trillion dinars to build a thousand new schools, and 500 billion dinars to the Ministry of Health and 500 billion dinars to meet the shortage of medicines if it happened, and 250 billion dinars to the social protection network and 200 Billion dinars extra for the ration card items. "
The committee also allocated 300 billion dinars to the Foundation of the martyrs, and the first time recognizes 400 billion dinars to start the actual establishment of the port of Faw and allocated an additional 152 billion dinars for the maintenance of dams and the distribution of more than one trillion dinars over the trillions to the provinces, and approved the allocation of funds for two important laws, Babylon, Iraq's historic capital and Samarra, Iraq's capital of Islamic civilization. "
"We also allocated a monthly tranche of 125 thousand dinars to all lecturers in all provinces, and the installation of all contracts of the Ministry of Electricity, whether investment or operational, and gave us the Council of Ministers permission to begin to install the procedure and contracts.
The committee also allocated 70% of the development of the provinces and 30% of the new projects. We also allocated additional funds to the Ministry of Higher Education and Scientific Research for 125 million dinars for the purpose of expanding student admission. We allocated more than 300 billion dollars to the Ministry of Housing and Construction to open the new international road. On the bridge of the two floors as well as the road [Abu Ghraib - Latifieh - Hala] and also allocated sums for the road Qar (architecture - Batir - Aldair). "
The Parliamentary Finance Committee pointed out "the allocation of funds to the Secretariat of Baghdad by 95 billion dinars and allocated sums for the road {Hawija - Kirkuk} and the road {Mosul - Erbil} and allocated amounts to Halabja and Sulaymaniyah to build a center for bone and cancer tumors, as we allocated to the University of Shatra in the province of Dhi Qar, Basra province allocated additional funds estimated at 100 billion dinars. "
The committee concluded its conference by saying that it "decided to limit the funds collected from the provinces added to the allocations of ministries."
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362,592,583
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1-23-2019 Intel Guru Delta Article: "THE HOUSE OF REPRESENTATIVES VOTES ON BUDGET LAW OF 2019" DONE...
1-23-2019 Newshound/Intel Guru Mnt Goat THE NEWS ON THE IRAQI DINAR REINSTATEMENT: There is some good news as I know the CBI desperately wants to move ahead with this process but is being held back. Over this past weekend we had a situation when the CBI wanted to reinstate and tried to pull the trigger. It was unsuccessful. Some ask me how did I know since no one knows a date or a firm rate. ...I did not know a date or a rate until AFTER the fact. How could I? I just happened to have called my CBI contact to get an update and this is what I was told. Are they lying to me? ...maybe …but I don’t think so. The very good news is the CBI still has plans for the month of January and we still have 9 days remaining…
1-23-2019 Newshound/Intel Guru Mnt Goat THE NEWS ON THE IRAQI DINAR REINSTATEMENT: There is some good news as I know the CBI desperately wants to move ahead with this process but is being held back. Over this past weekend we had a situation when the CBI wanted to reinstate and tried to pull the trigger. It was unsuccessful. Some ask me how did I know since no one knows a date or a firm rate. ...I did not know a date or a rate until AFTER the fact. How could I? I just happened to have called my CBI contact to get an update and this is what I was told. Are they lying to me? ...maybe …but I don’t think so. The very good news is the CBI still has plans for the month of January and we still have 9 days remaining…
1-23-2019 Newshound Guru Kaperoni From what I am reading today it sounds like parliament passed the budget today at the 7pm session. Need more confirmation but looks like good news.
1-23-2019 Intel Guru RayRen98 THE WAIT IS "SUPPOSEDLY" OVER...IT'S DONE...IT'S FINISHED...THE RV IS ON ITS' WAY...NO MORE TALKIN'-NO MORE TESTIN'...BRING IT ON ALREADY! ITS YOUR SEASON!!! IF NOT THIS WEEK...I'LL BE SURPRISED BIG TIME...We are just waiting for the call any day... or any hour . . .or any minute. Time will tell.
1-23-2019 Newshound Guru Breitling …the price per barrel has gone down a lot faster than what they anticipated. And the United States is taking over the world market faster than anticipated…remember their [Iraq’s] bottom line is $54-$55 per barrel Brent Price…What happens to their country when they need more? Guess what that goalpost moves and they are going to need more money…Article “U.S. could soon pump more crude than Saudia can at their peak”…we are moving a lot faster than we thought we were going to…this should make you happy. That’s good news. That’s super good news…that’s what I love about the information coming out of the oil industry. Because it means everything for us. You should be very very happy.
1-23-2019 Intel Guru Bruce [via PinkRoses] ...a lot of our sources have been silenced...they are either on gag orders, some...put under an NDA, and a lot of them just are unable to speak anymore because this is just happening so close right now. You know about the World Economic Forum in Davos, Switzerland...we do understand Iraq will announce their new currency and their new rate on the Iraqi Dinar at Davos. When it comes to our timing, we have heard really good things about Tuesday, Wednesday, and Thursday this week. I just can’t call one day or the other, but I think we are looking very strong for this week. I am feeling very good where we are...If anything I am more excited than ever... I think we are going to be pleasantly surprised in the next couple of days.
1-23-2019 Newshound Guru MilitiaMan Article: "Abdul Mahdi "comfortable" for his long stay on the head of the interior and defense .. Sadr does not mind" This is very good news...Now that that is effectively settled imo, the next move is the rate announcement before the budget...?? hmm we shall see and possibly before they vote on Wednesday or Thursday. Gotta vote on what it is in it right? So now that he (Mahdi) has Sadr on the deck allowing Mahdi to head the Interior and Defense, he can now focus on the announcement of not only his first 100 days but, what the citizens want to hear about the CBI the future of their new money...imo...We shall see...That is not something to take lightly... We know Mahdi can make the Art 8 announcement and it would be a very appropriate time to do so...imo.. Let see how it rolls. But, with the Interior and Defense out of the way nothing left but the Art 8, rate for the budget that the Big 3 Firms most likely approved of Sunday.. imo..
1-23-2019 Intel Guru RayRen98 THE WAIT IS "SUPPOSEDLY" OVER...IT'S DONE...IT'S FINISHED...THE RV IS ON ITS' WAY...NO MORE TALKIN'-NO MORE TESTIN'...BRING IT ON ALREADY! ITS YOUR SEASON!!! IF NOT THIS WEEK...I'LL BE SURPRISED BIG TIME...We are just waiting for the call any day... or any hour . . .or any minute. Time will tell.
1-23-2019 Newshound Guru Breitling …the price per barrel has gone down a lot faster than what they anticipated. And the United States is taking over the world market faster than anticipated…remember their [Iraq’s] bottom line is $54-$55 per barrel Brent Price…What happens to their country when they need more? Guess what that goalpost moves and they are going to need more money…Article “U.S. could soon pump more crude than Saudia can at their peak”…we are moving a lot faster than we thought we were going to…this should make you happy. That’s good news. That’s super good news…that’s what I love about the information coming out of the oil industry. Because it means everything for us. You should be very very happy.
1-23-2019 Intel Guru Bruce [via PinkRoses] ...a lot of our sources have been silenced...they are either on gag orders, some...put under an NDA, and a lot of them just are unable to speak anymore because this is just happening so close right now. You know about the World Economic Forum in Davos, Switzerland...we do understand Iraq will announce their new currency and their new rate on the Iraqi Dinar at Davos. When it comes to our timing, we have heard really good things about Tuesday, Wednesday, and Thursday this week. I just can’t call one day or the other, but I think we are looking very strong for this week. I am feeling very good where we are...If anything I am more excited than ever... I think we are going to be pleasantly surprised in the next couple of days.
1-23-2019 Newshound Guru MilitiaMan Article: "Abdul Mahdi "comfortable" for his long stay on the head of the interior and defense .. Sadr does not mind" This is very good news...Now that that is effectively settled imo, the next move is the rate announcement before the budget...?? hmm we shall see and possibly before they vote on Wednesday or Thursday. Gotta vote on what it is in it right? So now that he (Mahdi) has Sadr on the deck allowing Mahdi to head the Interior and Defense, he can now focus on the announcement of not only his first 100 days but, what the citizens want to hear about the CBI the future of their new money...imo...We shall see...That is not something to take lightly... We know Mahdi can make the Art 8 announcement and it would be a very appropriate time to do so...imo.. Let see how it rolls. But, with the Interior and Defense out of the way nothing left but the Art 8, rate for the budget that the Big 3 Firms most likely approved of Sunday.. imo..
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi welcomes the efforts to approve the general budget of the Iraqi state
Prime Minister Adel Abdul Mahdi welcomed the efforts to approve the general budget of the Iraqi state.
In the name of of Allah the Merciful
We welcome and salute the hard cooperation and continuous and continuous work between the government and the Council of Representatives which helped to approve the general budget of the Iraqi state for the year 2019.
We congratulate the people and all the parties that have worked to accomplish this task, which was interrupted by difficult circumstances in the stage of handover and extradition between two legislative covenants Which was made by the Presidency of the House of Representatives and the diligent work of its members and committees, especially the Finance Committee, as well as the sincere attitudes of the political forces, all of which contributed through responsible and in-depth discussions between them and various parties of the federal government and local governments from The final vote on the budget in the early hours of the morning of Thursday 24/1/2019.
The government will study the amendments and additions added by the House of Representatives, and will quickly develop the necessary instructions to start the implementation of budget materials. The government has already started laying the foundations for balancing 2020 projects and performance rather than balancing items. If we succeed, it will represent a major reform and change. The government has been working on finalizing a number of final accounts for the past years in implementation of its ministerial platform, which was based on the confidence of the people's representatives.
We hope that this great achievement will be complemented by the other achievement represented by the agreement of the political forces to complete the ministerial formation so that the government can start with all its capabilities to serve the aspirations and interests of our dear people. And God is paid.
Adel Abdel Mahdi
Prime Minister
24 January 2019
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ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi receives a telephone call from Crown Prince Mohammed bin Salman on January 24, 2019
Prime Minister Adel Abdul Mahdi received a telephone call from Crown Prince Mohammed bin Salman.
His Highness the Crown Prince expressed his congratulations and the full support of the Kingdom of Saudi Arabia for Iraq and its support for its permanent security and prosperity.
The Prime Minister thanked His Highness the Crown Prince and expressed his country's welcome to the development of relations between the two countries and the two brotherly peoples and conveyed his greetings to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz.
Media Office of the Prime Minister
24 January 2019
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ARTICLE 2 (from Government of Iraq twitter account)
PM @AdilAbdAlMahdi receives call from HRH Crown Prince Mohammed bin Salman
of Saudi Arabia who reiterates his country continuing support for Iraq,
discusses strengthening bilateral relations for the benefits of the Iraqi and
Saudi people and the region.l
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ARTICLE 3
Abdul Mahdi welcomes the adoption of the budget and reveals the study of additions to Parliament
2019/1/24 11:55
[Ayna-Baghdad]
The Prime Minister, Adel Abdul Mahdi, welcomed efforts to approve the general budget of the Iraqi state for the year 2019.
"We welcome and salute the serious cooperation and continuous and continuous work between the government and the House of Representatives, which helped to approve the general budget of the Iraqi state for 2019, and congratulations of our people and all parties that have worked to accomplish this task, which was interrupted by difficult conditions in the stage of extradition and extradition between two legislative treaties Which would not have been possible without the great efforts made by the Presidency of the House of Representatives and the diligent work of its members and committees, especially the Finance Committee. "
He also hailed "sincere positions of political forces, all of which contributed through responsible and in-depth discussions between them and various parties of the federal government and local governments from the final vote on the budget in the early hours of Thursday morning."
He pointed out that "the government will study the amendments and additions added by the House of Representatives, and will develop as soon as necessary instructions to start the implementation of budget materials."
The Prime Minister pointed out that "the government has already begun to lay the foundations to be a budget in 2020, balancing projects and performance and not balancing items, which if we succeed in it will represent a major reform and change from what was the case for the last hundred years of the life of the Iraqi state.
"The government is also working on finalizing a number of final accounts for the past years in implementation of its ministerial platform, which was based on the confidence of the people's representatives."
Abdul-Mahdi expressed his hope that "this great achievement is complemented by the other achievement represented by the agreement of the political forces to complete the ministerial lineup so that the government can start with all its capacity to serve the aspirations and interests of our dear people."
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ARTICLE 4
President Saleh says: The adoption of the budget is an important achievement towards economic recovery
BAGHDAD (Reuters) - January 24 - President Barham Salih on Thursday approved the budget by the House of Representatives as "an important achievement towards economic recovery."
Saleh said in a tweet on Twitter that "the adoption of the budget by the House of Representatives an important achievement towards economic recovery."
He pointed out that "the launch of allocations and ensure the fairness of distribution and transparency in the context of the reform process will meet the maturity of the reconstruction and decent life for citizens."
The President expressed his hope to "complete the cabinet reshuffle so that the government can start to implement its promising program."
In the same context, welcomed the Prime Minister Adel Abdul-Mahdi, efforts to approve the general budget of the country for 2019.
"We welcome and salute the serious cooperation and the continuous and continuous work between the government and the House of Representatives, which helped to approve the general budget of the Iraqi state for the year 2019, and congratulations of our people and all parties that have worked to accomplish this task, In the stage of handing over and handing over between two legislative covenants which would not have been possible without the great efforts exerted by the Presidency of the Council of Representatives and the diligent work of its members and committees, especially the Finance Committee. "
He praised what he called "sincere positions of political forces, which all contributed through discussions in charge and in-depth between them and the various parties of the federal government and local governments of the final vote on the budget in the early hours of Thursday."
He stressed that "the government will study the amendments and additions added by the House of Representatives and will set as soon as necessary instructions to start the implementation of budget materials, knowing that the government has already begun to lay the foundations to be a budget in 2020 budget projects and performance and not budget items, which if we succeed in it will represent A major reform and change from the situation of the last hundred years of the life of the Iraqi state, and the government is working on the completion of a number of final accounts for the past years, in implementation of what contained in its ministerial platform, which was based on the confidence of representatives of the people.
He concluded by saying, "We hope that this great achievement will be complemented by the other achievement represented by the agreement of the political forces to complete the ministerial formation so that the government can start with all its capacity to serve the aspirations and interests of the people."
On Thursday morning (24 January 2019), the House of Representatives voted on the Federal Budget Law of 2019. (1)
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ARTICLE 5
The Department of Investigation announced the detection of rigging and forgery of more than 5 billion dinars for the retirees of the education of Diyala
BAGHDAD, Jan. 24 (Xinhua) - The Integrity Commission announced on Thursday that it was able to control cases of fraud and forgery of 66 documents issued by the Directorate General of Diyala Province, From 5 billion dinars.
The investigations department carried out the investigations carried out by the team of Diyala Investigation Office, which moved to the Diyala Directorate of Education. After inspecting the documents and the dues in the accounts section of the Directorate, "The preliminary investigations conducted by the team led to the disclosure of the loss of the items of lists of special bonuses for pensioners amounted to (3,988,000,000) billion dinars, was disbursed under the documents of r A duplicate shelf, in addition to a repetition in its vocabulary resulted in the disbursement of the amount (386 million) million dinars, more than once contrary to the controls.
"The team noted during its audits of the priority of the disbursement documents the existence of lists items with a total amount of (616,000,000) million signed and audited without the documents of exchange or its summary, as well as lists of items under which the payment of (184 million) To its beneficiaries without the existence of exchange documents ". Finished
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ARTICLE 6
Eat these foods to avoid heart disease and brain
NEW YORK (Reuters Health) - People who eat plenty of fiber-rich and whole-grain foods are less likely to develop heart disease, stroke, diabetes and other chronic diseases than those who eat low-fiber foods, a study showed.
The study, commissioned by the World Health Organization, said that every eight grams increase in fiber content per day was offset by a 5 to 27 percent reduction in total deaths, heart disease, type 2 diabetes and colon cancer, as well as a risk of stroke Stroke and breast cancer.
The study found that eating between 25 and 29 grams of fiber per day is a good target for those seeking health gains, but data published in the Lancet medical journal also suggests that eating more fiber can provide greater protection.
"Our results provide convincing evidence of nutritional guidelines to focus on dietary fiber and the use of whole grains rather than refined," said Jim Mann, a professor at New Otago University. This reduces the risk of a wide range of serious illnesses and deaths. "
The study found that most people around the world ate less than 20 grams of dietary fiber per day. A British nutrition advisory committee recommended 2015 to increase dietary fiber to 30 grams per day, but only 9 percent of British adults could reach that goal. In the United States, The average fiber consumed by adults is about 15 grams per day.
Mann said the health benefits of dietary fiber in foods such as whole grains, legumes, vegetables and fruits stem from their chemical composition, natural properties and their impact on metabolism.
"Fiber-rich foods that require a lot of gum and retain much of their digestive structure increase the sense of satiety and help control weight ... Fiber in the large intestine by endemic bacteria has extensive additional effects, including prevention of colorectal cancer." 1)
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