RAY”S TNT UPDATE, Saturday, February 9, 2019 - 2:32 PM PST
- Iraqi TV broadcasted a member of the Finance Department requesting that all ministries of the government receive a copy of the revised budget and to get it ratified and ready for implementation starting on Monday.
- Iraqi TV aired footage of US troops patrolling downtown Baghdad today
- Iraqi TV is reporting that the budget will be printed in the gazette "in the next two days" and will be enforced immediately upon its printing.
- US Banks are reporting an "expectation" of exchange activity possibly as early as Monday. Reported IQD screen rates are varying from $4.43 to $4.60...depending on the source.
Trying to confirm a possible rumor of exchange activity across the Pond........standby for that one, it could take a while.
Also he reminded us that if this comes at $4.43 to remember that this is the starting rate!
WOTS Saturday 2/9/19
Forex Rates:
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1,186.0000 | 1,186.0000 | 1,186.0000 | | 16:35 |
USD/VND | | | 23,203.0000 | 23,203.0000 | 23,203.0000 | | 15:00 |
USD/CNY | | | 6.7438 | 6.7438 | 6.7438 | | 12:00 |
USD/KWD | | | 0.3035 | 0.3035 | 0.3035 | | 16:29 |
GBP/USD | | | 1.2943 | 1.2943 | 1.2943 | | 17:11 |
USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
USD/IDR | | | 14,030.7000 | 14,030.7000 | 14,030.7000 | | 16:30 |
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DC NY Iraq Articles:dd
Finance calls on ministries and governorates and independent bodies to review them to receive a copy of the budget
Saturday, February 9, 2019 12:01 pm
BAGHDAD / The Ministry of Finance on Saturday called on the representatives of ministries and non-linked bodies to review the ministry to receive a copy of the amended and approved budget law.
The ministry said in a statement that "the Ministry of Finance in the federal government, invite representatives of ministries, provinces and councils, and non-linked to the Ministry, to review the Ministry of Finance to receive a copy of the amended budget and approved."
She pointed out that "the instructions to implement the law from the budget department, began from next Monday and the days following the week." Finished
Al-Baldawi: Al-Fathoun and Al-Fatah agreed to appoint the ministers to the vacant ministries by name
Baghdad / News
The MP of the Fatah Alliance Mohamed Karim al-Baldawi, Saturday, that several committees emerged from the meeting of the alliance and the conquest and others and began its work today, pointing out that there is a committee will nominate ministers for vacant ministries.
Al-Baldawi told Al-Akhbar that "the committees that resulted from the meeting of the Fatah and others began today, with their tasks," noting that "the committees will not work together, but that each committee has a task separately from the other ."
He added that "the committees distributed certain terms of reference," explaining that "the first committee related to finding mechanisms to complete a draft resolution to amend the Convention strategic framework and the other will work to complete the cabinet cabins and nominate ministers by name as well as the designation of special grades, while the Third Committee entrusted with naming the heads of parliamentary committees and follow-up Services ".
Baldawi said that "these committees have committed a specific time to complete their tasks to complete its work and offer to the leadership of the two alliances before the start of the legislative chapter of the House of Representatives."
Newspaper: Reference rejects applications to meet the three presidencies and sets out two conditions for "ending the boycott"
February 9, 2019 12:00 PM - Number of readings: 21 views
Iraqi Position Network
The Lebanese newspaper "Al Akhbar" reported on Saturday that the religious authority Sayyid Ali al-Sistani rejected requests from the presidents of the republic Barham Saleh and the government Adel Abdul Mahdi and Parliament Mohammed Halbusi to meet him, noting that Sistani has identified two conditions to end his flock with politicians.
The newspaper said in a report and his follow-up "the Iraqi situation," that President Barham Saleh, Prime Minister Adel Abdul-Mahdi, and Speaker of Parliament Mohammed Halabusi, were quick to request meetings with Sistani, for the (Neil satisfaction and legitimacy with the beginning of the state), except The answer was disappointing. As the reference apologized for not receiving them, in a position where I want to say that (the reference seek a serious shift in the performance of the three presidencies until they start again).
"If the leader of the Sadrist movement, Moqtada al-Sadr, and the leader of the Fatah Alliance, Hadi al-Amiri, gave Abdul-Mahdi a general opportunity to tackle the thorny issues, the principle of" timeout "also applies to Najaf, but it will not be that much, "It is necessary to move seriously on two levels: the first is to achieve progress on the level of service is satisfied with the people, and the second to take serious steps in the fight against corruption and the accountability of the corrupt)", according to informed sources in an interview with the news.
"If there is progress on these two levels, it will be a reason to" suspend the reference, "but failure will lead to" prolongation "of any meetings of this kind, and only to meet international officials from time to time, A petition urging political forces to commit.
The newspaper said in a report and his follow-up "the Iraqi situation," that President Barham Saleh, Prime Minister Adel Abdul-Mahdi, and Speaker of Parliament Mohammed Halabusi, were quick to request meetings with Sistani, for the (Neil satisfaction and legitimacy with the beginning of the state), except The answer was disappointing. As the reference apologized for not receiving them, in a position where I want to say that (the reference seek a serious shift in the performance of the three presidencies until they start again).
"If the leader of the Sadrist movement, Moqtada al-Sadr, and the leader of the Fatah Alliance, Hadi al-Amiri, gave Abdul-Mahdi a general opportunity to tackle the thorny issues, the principle of" timeout "also applies to Najaf, but it will not be that much, "It is necessary to move seriously on two levels: the first is to achieve progress on the level of service is satisfied with the people, and the second to take serious steps in the fight against corruption and the accountability of the corrupt)", according to informed sources in an interview with the news.
"If there is progress on these two levels, it will be a reason to" suspend the reference, "but failure will lead to" prolongation "of any meetings of this kind, and only to meet international officials from time to time, A petition urging political forces to commit.
Trade: Our budget allocations are not sufficient to provide the card items for a full year
Politics, security and economy
Friday February 9, 2019
The Ministry of Commerce confirmed that its financial allocations in the budget of 2019 and the trillion and 500 billion dinars not enough to buy ration card items throughout the year.
Undersecretary Walid al-Moussawi told the ministry that the Ministry of Commerce needs 4 trillion dinars to be able to provide the vocabulary for a full year and the existence of 5 food items per month.
French defense minister reveals fate of French foes in Iraq
Editorial date: 2019/2/9 • 209 times prescribed
(International: Euphrates News) French Defense Minister Florence Barley arrived in Baghdad on Friday to discuss the future of military cooperation with Iraq.
French Defense Minister Florence Barley, speaking of the French in Iraq, said the verdict against the French militants held in Iraq was due to the authorities of that country, and also warned of the flight of French nationals from Syria.
Barley said in a press statement that the verdict against the French militants detained in Iraq belongs to the authorities of this country.
"I will not go into public scenarios that could threaten the safety of the French. My responsibility is to avoid the escape of a number of jihadists," Barley said of the fate of the French detained in Syria.
Earlier, French Justice Minister Nicole Belloubi said Paris would intervene if French nationals were sentenced to death, who fought in the ranks of jailed judges in Iraq and Syria.
The visit comes three weeks after a visit by French Foreign Minister Jean-Yves Le Drein to strengthen cooperation and partnership with Iraq.
Barley explained that this cooperation can continue within the framework of the international coalition, but also on a bilateral level, amid the concern of foreign forces in Iraq about a bill submitted to parliament demanding its withdrawal.
Barley said in a press statement that the verdict against the French militants detained in Iraq belongs to the authorities of this country.
"I will not go into public scenarios that could threaten the safety of the French. My responsibility is to avoid the escape of a number of jihadists," Barley said of the fate of the French detained in Syria.
Earlier, French Justice Minister Nicole Belloubi said Paris would intervene if French nationals were sentenced to death, who fought in the ranks of jailed judges in Iraq and Syria.
The visit comes three weeks after a visit by French Foreign Minister Jean-Yves Le Drein to strengthen cooperation and partnership with Iraq.
Barley explained that this cooperation can continue within the framework of the international coalition, but also on a bilateral level, amid the concern of foreign forces in Iraq about a bill submitted to parliament demanding its withdrawal.
Kauaihn Iraq Articles:dd
Moroccan media reported on the statement of the Directorate General of the National Security of Morocco that the suspect opened several bank accounts in Morocco, in parallel with the creation of fictitious companies and exchange offices in order to receive money for commissions, before conversion for the benefit of Moroccan fighters loyal to the terrorist gangs in Syria and Iraq.
According to the statement, the arrested Iraqi citizen was able to fabricate a complex financial network with extensions in many countries in Asia and the Middle East, which he used to smuggle foreign currency through the hawala system or through intermediaries.
International Monetary Fund: Oil exporters have not fully recovered from the shock of 2014
Editorial Date: 2019/2/9 12:12 • 28 times read
International oil exporter Christine Lagarde said on Saturday that oil exporters did not fully recover from the oil price shock of 2014 and that the future is largely uncertain despite modest growth.
"Due to the decline in revenues, the fiscal deficit is slowly easing, despite important reforms on both sides of spending and income, including the introduction of VAT and production taxes," Lagarde told a conference in Dubai.
"This has led to a significant increase in public debt from 13 percent of GDP in 2013 to 33 percent in 2018," she said.
She pointed out that there is scope for improving financial frameworks in the Middle East with some weaknesses resulting from "focus on short-term projects and insufficient credibility".
"This has led to a significant increase in public debt from 13 percent of GDP in 2013 to 33 percent in 2018," she said.
She pointed out that there is scope for improving financial frameworks in the Middle East with some weaknesses resulting from "focus on short-term projects and insufficient credibility".
Allawi arrives in Cairo to participate in Arab leaders conference
Date of release: • 2019/2/9 10:10 • 94 times scheduled
The head of the National Coalition, Iyad Allawi, arrived Saturday in Egypt to participate in the conference of Arab high-level leaders, which will be held by the Arab Parliament at the headquarters of the League of Arab States, according to a statement by his office.
The statement said that the conference aims to "prepare the Arab document to strengthen solidarity and meet the challenges that will be raised by the Arab Parliament of the Council of the League of Arab States at the summit level to be held in Tunisia next month."
Iran, Iraq Deal to Boost Cooperation in Electricity
High-ranking officials from Iran and Iraq on Friday signed two memorandums of understanding (MoUs) and a contract to boost cooperation between the two countries in the electricity industry.
At the end of his three-day visit to Iran, Iraqi Minister of Electricity Luay al-Khatteeb signed two MoUs and a contract on the electric industry with Iranian Energy Minister Reza Ardakanian.
Speaking at the signing ceremony, Ardakanian said, “What is happening today as a result of the Iraqi minister of electricity’s visit to Iran and the negotiations that took place during this visit is the beginning of a new chapter in the comprehensive cooperation between the two countries in the field of electrical industry.”
“Within the framework of this cooperation, we intend to not only continue electricity exports as long as and as much as required by our Iraqi brothers and sisters, but also cooperate with them in technical terms… in the field of electricity,” he added.
The agreements came as governors of the central banks of Iran and Iraq signed an agreement to develop a payment mechanism aimed at facilitating banking ties between the two neighboring countries.
The deal on the payment mechanism was signed in a meeting between Iran’s Abdolnaser Hemmati and Iraq’s Ali Mohsen al-Allaq in Baghdad on Tuesday.
In addition to natural gas and electricity, Iraq imports a wide range of goods from Iran including food, agricultural products, home appliances, and air conditioners.
Speaking at a joint press conference with Iraqi President Barham Salih in Tehran in November, Iranian President Hassan Rouhani said the value of trade and economic interaction between Tehran and Baghdad stands at around $12 billion, adding that the two neighbors have the potential for a $20-billion trade target.
Rouhani hoped that cooperation between Tehran and Baghdad would contribute to regional security and stability.
Morocco investigated with an Iraqi accused of collecting and smuggling money to the terrorist
Release date: 2019/2/9 10:58 • 101 times scheduled
The Moroccan authorities said that the investigations carried out by the National Police Police Division in coordination with the General Directorate for Monitoring the Moroccan National Territory concerning the Iraqi citizen who was arrested last Wednesday in the city of Casablanca, confirmed his involvement in the collection and smuggling of important amounts of foreign currency outside Morocco illegally.
Moroccan media reported on the statement of the Directorate General of the National Security of Morocco that the suspect opened several bank accounts in Morocco, in parallel with the creation of fictitious companies and exchange offices in order to receive money for commissions, before conversion for the benefit of Moroccan fighters loyal to the terrorist gangs in Syria and Iraq.
According to the statement, the arrested Iraqi citizen was able to fabricate a complex financial network with extensions in many countries in Asia and the Middle East, which he used to smuggle foreign currency through the hawala system or through intermediaries.
Police arrest ISIS financier in Mosul's West Bank
Saturday، 09 February 2019 12:57 AM
ISIS
A security force on Friday arrested a financier of ISIS terrorist group in the West Bank of Mosul, according to a statement by the security media center.
The arrested terrorist had been funding ISIS by smuggling oil and its derivatives, adding that an arrest warrant has been issued against him earlier over terrorism charges.
Accusations are flying about oil smuggling in Iraq's Ninevah province, and many accusers say government officials, armed factions and other powerful parties are involved, Iraqi author Adnan Abu Zeed said.
Representatives of the province, including parliament member Ahmed al-Jabouri, have said recently that oil is being smuggled from the Ninevah wells.
That news coincided with Osama al-Nujaifi, head of the Iraqi Decision Coalition, telling the media Feb. 1, “Security forces sent out military vehicles to halt the smuggling operations, but armed parties controlling the wells stood in the way.”
The arrested terrorist had been funding ISIS by smuggling oil and its derivatives, adding that an arrest warrant has been issued against him earlier over terrorism charges.
Accusations are flying about oil smuggling in Iraq's Ninevah province, and many accusers say government officials, armed factions and other powerful parties are involved, Iraqi author Adnan Abu Zeed said.
Representatives of the province, including parliament member Ahmed al-Jabouri, have said recently that oil is being smuggled from the Ninevah wells.
That news coincided with Osama al-Nujaifi, head of the Iraqi Decision Coalition, telling the media Feb. 1, “Security forces sent out military vehicles to halt the smuggling operations, but armed parties controlling the wells stood in the way.”
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