MArkets
all down all the asian markets closed down
dow abt 200 sp about 20 ndx about 80
precious metals
gold up hlf a percet to 1574 silver up a bit to 17.62 copper down a bit 259 platinum up amost half a percent 967
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1166.3000 |  1221.6000 | 1192.8000 | 1192.8000 | 1192.8000 | 0.3000 | 06:08 |
| USD/VND | 22875.5100 | 23612.4200 | 23217.6400 | 23217.6400 | 23217.6400 | 8.9600 | 06:08 |
| USD/CNY |  6.9834 | 6.9854 | 6.9843 | 6.9707 | 6.9709 | 0.0125 | 06:32 |
| USD/KWD | 0.3044 | 0.3054 | 0.3049 | 0.3044 | 0.3046 | 0.0003 | 06:28 |
| GBP/USD | 1.3044 | 1.3045 | 1.3045 | 1.2944 | 1.2957 | 0.0087 | 06:41 |
| USD/IRR | 0.0000 | 0.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 00:00 |
| USD/IDR | 13710.0000 | 13712.0000 | 13719.0000 | 13500.0000 | 13635.0000 | 78.0000 | 06:40 |
Things in the News ...
Siba The Standard Poodle Beats Out Fan Favorite Daniel For Westminster Crown
donate donate donate
MAGA stocks drive market higher as Trump fights for White House
Meth, fentanyl coming over at record rate...
World's oldest man: Never get angry and keep smiling!
Iraqi Articles:
Kuwait’s foreign reserves at $39.9bn by end of 2019
Mubasher: Kuwait’s foreign reserves increased by 7.2% year-on-year (YoY) in December 2019 to KWD 12.09 billion ($39.9 billion), compared with KWD 11.28 billion ($37.1 billion) in December 2018, according to official data by the Central Bank of …
Read in Mubasher: https://apple.news/
NATO willing to expand Iraqi training mission to meet Trump demand
NATO is considering an increase to its training mission in Iraq to relieve the burden on the U.S.-led coalition against Islamic State, senior officials and diplomats said on Tuesday.
Read in Reuters: https://apple.news/
CBI, ISX,Dinar Guru:
CBI Update:
Click on the link above for the latest update.
The CBI for Thurssday Feb 13th rate is 1190.
The currency auction total sales amount $30,170,000.
Kuwait’s foreign reserves at $39.9bn by end of 2019
Mubasher: Kuwait’s foreign reserves increased by 7.2% year-on-year (YoY) in December 2019 to KWD 12.09 billion ($39.9 billion), compared with KWD 11.28 billion ($37.1 billion) in December 2018, according to official data by the Central Bank of …
Read in Mubasher: https://apple.news/
NATO willing to expand Iraqi training mission to meet Trump demand
NATO is considering an increase to its training mission in Iraq to relieve the burden on the U.S.-led coalition against Islamic State, senior officials and diplomats said on Tuesday.Read in Reuters: https://apple.news/
CBI, ISX,Dinar Guru:
CBI Update:
Click on the link above for the latest update.
The CBI for Thurssday Feb 13th rate is 1190.
The currency auction total sales amount $30,170,000.
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-12-2020 Newshound Guru Kaperoni Currency auctions are based on a "balance" of dinar to dollars. In fact, the recent weeks have seen a significant increase in dollar sales, therefore the CBI has to inject dinar to balance it. That is why you also see an increase in recent weeks in the money supply of dinar...its the balance of the two that maintains the exchange rate and the stability of the spread is a IMF requirement. [ 2 percent 90 days yes] Yes, they are in compliance, but that is because they are maintaining a balance of dinar to dollar...so there is no way to significantly reduce the money supply (either dinar or dollars) under the current system. If they reduced the dollars, they could in theory also reduce the dinar but it must be a balance or the exchange rate and spread would change and if you reduced the dollars it would create issues since they need dollars for foreign exchange. It is complicated and their are many aspects you need to consider...it is not a simple, reduce the money and RV...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-12-2020 Newshound Guru Kaperoni Currency auctions are based on a "balance" of dinar to dollars. In fact, the recent weeks have seen a significant increase in dollar sales, therefore the CBI has to inject dinar to balance it. That is why you also see an increase in recent weeks in the money supply of dinar...its the balance of the two that maintains the exchange rate and the stability of the spread is a IMF requirement. [ 2 percent 90 days yes] Yes, they are in compliance, but that is because they are maintaining a balance of dinar to dollar...so there is no way to significantly reduce the money supply (either dinar or dollars) under the current system. If they reduced the dollars, they could in theory also reduce the dinar but it must be a balance or the exchange rate and spread would change and if you reduced the dollars it would create issues since they need dollars for foreign exchange. It is complicated and their are many aspects you need to consider...it is not a simple, reduce the money and RV...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
BANKS/BANKING/CREDIT
40 German Banks Seek Regulator’s Green Light to Offer Bitcoin Custody
On the heels of new Anti-Money Laundering laws, several German banks are reported to be seeking regulators’ go-ahead to offer digital assets services. Local newspaper Handelsblatt reported on Feb. 7 that Germany’s Federal Financial Supervisory Authority (BaFin) is dealing with a cascade of applications from 40 banks seeking to become regulated cryptocurrency custodians. As of Jan. 2020, new legislation has permitted banks to extend their offerings beyond traditional securities such as stocks and
Read in Cointelegraph: https://apple.
Fintech has finally cracked the US banking sector
Varo Money is poised to become a full-fledged bank, making it the first of a new wave of fintech upstarts to win that approval in the US. The company's long and expensive journey through a thick barrier of regulation is a reason why America's banks have repelled the tech disruption sweeping through other industries. The...
Read in Quartz: https://apple.news/
Dow 30,000! How It Happens In 12 Months (Or Less)
Dow Jones 30,000! Analysts think the milestone and then some is just a year away — thanks to powerful contributions expected from several Blue Chip giants.
Read in Investor's Business Daily: https://apple.news/
Coronavirus is 'one of the biggest' risks, warns $113 billion money manager
Wilmington Trust's Meghan Shue expects elevated market volatility until the number of coronavirus cases peak.
Read in CNBC: https://apple.news/
Catnip's Corner:
************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
*************
ARTICLE 3
Read in Cointelegraph: https://apple.
Fintech has finally cracked the US banking sector
Varo Money is poised to become a full-fledged bank, making it the first of a new wave of fintech upstarts to win that approval in the US. The company's long and expensive journey through a thick barrier of regulation is a reason why America's banks have repelled the tech disruption sweeping through other industries. The...
Read in Quartz: https://apple.news/
Dow 30,000! How It Happens In 12 Months (Or Less)
Dow Jones 30,000! Analysts think the milestone and then some is just a year away — thanks to powerful contributions expected from several Blue Chip giants.
Read in Investor's Business Daily: https://apple.news/
Coronavirus is 'one of the biggest' risks, warns $113 billion money manager
Wilmington Trust's Meghan Shue expects elevated market volatility until the number of coronavirus cases peak.Read in CNBC: https://apple.news/
************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
*************
ARTICLE 3
Al-Araji: Abdul-Mahdi informed the political blocs of leaving his post after 30 days, and Saleh will replace him
2/12/2020 21:32 •
[Baghdad-where]
Former Deputy Prime Minister Bahaa Al-Araji revealed on Wednesday that resigned Prime Minister Adel Abdul Mahdi informed the political blocs of not staying in the position "one minute" after 30 days, noting that the President of the Republic, Barham Salih, would replace him according to the constitution.
Al-Araji said in a tweet on his Twitter site, "After meeting yesterday with the Prime Minister-designate of the resigned, the second informed the political blocs that he will not continue in office for even a minute after the lapse of 30 days from the date of the assignment."
Al-Araji added, "By this, the President of the Republic replaces him in accordance with Article 81 of the Constitution," saying that "this is a way to pressure those blocs to accept Allawi's methodology of reform."
On Tuesday, the head of the caretaker government, Adel Abdul-Mahdi, discussed with Prime Minister-designate Muhammad Tawfiq Allawi efforts to form the government.
A statement issued by Abdul-Mahdi office said, "There was deliberation on the developments of the situation in the country, the peaceful movement, support for efforts to form the new government, and emphasized the need for all forces to cooperate to facilitate the task of the Prime Minister-designate in expediting the selection of the cabinet and strengthening the work of state institutions."
*************
ARTICLE 4
2/12/2020 21:32 •
[Baghdad-where]
Former Deputy Prime Minister Bahaa Al-Araji revealed on Wednesday that resigned Prime Minister Adel Abdul Mahdi informed the political blocs of not staying in the position "one minute" after 30 days, noting that the President of the Republic, Barham Salih, would replace him according to the constitution.
Al-Araji said in a tweet on his Twitter site, "After meeting yesterday with the Prime Minister-designate of the resigned, the second informed the political blocs that he will not continue in office for even a minute after the lapse of 30 days from the date of the assignment."
Al-Araji added, "By this, the President of the Republic replaces him in accordance with Article 81 of the Constitution," saying that "this is a way to pressure those blocs to accept Allawi's methodology of reform."
On Tuesday, the head of the caretaker government, Adel Abdul-Mahdi, discussed with Prime Minister-designate Muhammad Tawfiq Allawi efforts to form the government.
A statement issued by Abdul-Mahdi office said, "There was deliberation on the developments of the situation in the country, the peaceful movement, support for efforts to form the new government, and emphasized the need for all forces to cooperate to facilitate the task of the Prime Minister-designate in expediting the selection of the cabinet and strengthening the work of state institutions."
Al-Araji added, "By this, the President of the Republic replaces him in accordance with Article 81 of the Constitution," saying that "this is a way to pressure those blocs to accept Allawi's methodology of reform."
On Tuesday, the head of the caretaker government, Adel Abdul-Mahdi, discussed with Prime Minister-designate Muhammad Tawfiq Allawi efforts to form the government.
A statement issued by Abdul-Mahdi office said, "There was deliberation on the developments of the situation in the country, the peaceful movement, support for efforts to form the new government, and emphasized the need for all forces to cooperate to facilitate the task of the Prime Minister-designate in expediting the selection of the cabinet and strengthening the work of state institutions."
*************
ARTICLE 4
Al-Hakim assures the Kuwaiti ambassador of the importance of dialogue as the only way to end the region's crises
The head of the Al-Hikma Movement, Mr. Ammar Al-Hakim, stressed that dialogue represents the best way to end the crises in the region, and that everyone should bear his responsibilities towards that.
A statement of his office stated that the All Iraq News Agency [in] received a copy of it that "Al-Hakim received at his office the Kuwaiti ambassador to Iraq Salem Al-Zamanan" and discussed "ways to enhance the relations of Iraq and Kuwait and the developments in the situation in Iraq and the region."
He stressed that "the necessity of continuous and joint cooperation between Iraq and the countries of the region and the world based on the consistent common interests and mutual respect."
*************
ARTICLE 5
The head of the Al-Hikma Movement, Mr. Ammar Al-Hakim, stressed that dialogue represents the best way to end the crises in the region, and that everyone should bear his responsibilities towards that.
A statement of his office stated that the All Iraq News Agency [in] received a copy of it that "Al-Hakim received at his office the Kuwaiti ambassador to Iraq Salem Al-Zamanan" and discussed "ways to enhance the relations of Iraq and Kuwait and the developments in the situation in Iraq and the region."
He stressed that "the necessity of continuous and joint cooperation between Iraq and the countries of the region and the world based on the consistent common interests and mutual respect."
He stressed that "the necessity of continuous and joint cooperation between Iraq and the countries of the region and the world based on the consistent common interests and mutual respect."
*************
ARTICLE 5
Duplication of political statements and requests from blocks obstruct the formation of the Allawi government
1/12/2020 22:46
[Baghdad-where]
On Tuesday, a deputy from the Al-Fateh Alliance revealed the scenes of the formation of the ministerial cabinet of Prime Minister-designate Muhammad Tawfiq Allawi.
Fakhri Sadkhanfi said in press statements that "not all political blocs are consistent and agreed to pass the Allawi government, and he faces many difficulties," and suggested "the return of the Abdul-Mahdi government scenario again."
He explained that "these difficulties were represented in many of the blocs that were calling for quotas in abhorrent manner, and today they place obstacles in front of Allawi, which shows that his cabinet cabinet is not easily formed."
He added, "The first of these obstacles is the demands of the Kurds and Sunni blocs, and by a leader in the National Forces Alliance, which described the government of technocrats as [the lie] and that their shares in the ministerial formation in Allawi's government cannot be abandoned."
He emphasized, "Al-Fath is a major supporter of Allawi in order to get out of the problem and impasse and form a government," revealing "impossible requests for some of the blocs, including the identification of some ministries that have chosen for themselves."
The deputy sent on behalf of the Al-Fateh Alliance, saying, "Allawi, upon assigning him good human beings, when he said that the blocs abandoned their aspirations in the cabinet, but the opposite is true," noting that "Al-Fath gave up his electoral entitlements," expressing his regret "for the presence of internal and external parties [unnamed] ] You don't want the Allawi government to see the light and keep Iraq in chaos. "
Commenting on duplication of political statements, Sadkhan said, "Duplication is not new and it is a very big problem, and this is the political situation in Iraq. He says what he does not do," usually the "biggest problem facing the political process since 2003".
The representative of the Parliamentary Wisdom Bloc, Haled Al-Shajami, confirmed during a program (very close) broadcast on the Al-Furat satellite channel on Monday, that the Sunni blocs clearly adhered to their electoral entitlements, as well as the Kurds, a proposal out of the Prime Minister-designate Muhammad Tawfiq Allawi to separate the work of ministries and political work "by returning Forming a strategic policy council that includes all leaders of political parties, presidents of the republic, ministers, parliament, the judiciary, and the Federal Court.
1/12/2020 22:46
[Baghdad-where]
On Tuesday, a deputy from the Al-Fateh Alliance revealed the scenes of the formation of the ministerial cabinet of Prime Minister-designate Muhammad Tawfiq Allawi.
Fakhri Sadkhanfi said in press statements that "not all political blocs are consistent and agreed to pass the Allawi government, and he faces many difficulties," and suggested "the return of the Abdul-Mahdi government scenario again."
He explained that "these difficulties were represented in many of the blocs that were calling for quotas in abhorrent manner, and today they place obstacles in front of Allawi, which shows that his cabinet cabinet is not easily formed."
He added, "The first of these obstacles is the demands of the Kurds and Sunni blocs, and by a leader in the National Forces Alliance, which described the government of technocrats as [the lie] and that their shares in the ministerial formation in Allawi's government cannot be abandoned."
He emphasized, "Al-Fath is a major supporter of Allawi in order to get out of the problem and impasse and form a government," revealing "impossible requests for some of the blocs, including the identification of some ministries that have chosen for themselves."
The deputy sent on behalf of the Al-Fateh Alliance, saying, "Allawi, upon assigning him good human beings, when he said that the blocs abandoned their aspirations in the cabinet, but the opposite is true," noting that "Al-Fath gave up his electoral entitlements," expressing his regret "for the presence of internal and external parties [unnamed] ] You don't want the Allawi government to see the light and keep Iraq in chaos. "
Commenting on duplication of political statements, Sadkhan said, "Duplication is not new and it is a very big problem, and this is the political situation in Iraq. He says what he does not do," usually the "biggest problem facing the political process since 2003".
The representative of the Parliamentary Wisdom Bloc, Haled Al-Shajami, confirmed during a program (very close) broadcast on the Al-Furat satellite channel on Monday, that the Sunni blocs clearly adhered to their electoral entitlements, as well as the Kurds, a proposal out of the Prime Minister-designate Muhammad Tawfiq Allawi to separate the work of ministries and political work "by returning Forming a strategic policy council that includes all leaders of political parties, presidents of the republic, ministers, parliament, the judiciary, and the Federal Court.
He explained that "these difficulties were represented in many of the blocs that were calling for quotas in abhorrent manner, and today they place obstacles in front of Allawi, which shows that his cabinet cabinet is not easily formed."
He added, "The first of these obstacles is the demands of the Kurds and Sunni blocs, and by a leader in the National Forces Alliance, which described the government of technocrats as [the lie] and that their shares in the ministerial formation in Allawi's government cannot be abandoned."
He emphasized, "Al-Fath is a major supporter of Allawi in order to get out of the problem and impasse and form a government," revealing "impossible requests for some of the blocs, including the identification of some ministries that have chosen for themselves."
The deputy sent on behalf of the Al-Fateh Alliance, saying, "Allawi, upon assigning him good human beings, when he said that the blocs abandoned their aspirations in the cabinet, but the opposite is true," noting that "Al-Fath gave up his electoral entitlements," expressing his regret "for the presence of internal and external parties [unnamed] ] You don't want the Allawi government to see the light and keep Iraq in chaos. "
Commenting on duplication of political statements, Sadkhan said, "Duplication is not new and it is a very big problem, and this is the political situation in Iraq. He says what he does not do," usually the "biggest problem facing the political process since 2003".
The representative of the Parliamentary Wisdom Bloc, Haled Al-Shajami, confirmed during a program (very close) broadcast on the Al-Furat satellite channel on Monday, that the Sunni blocs clearly adhered to their electoral entitlements, as well as the Kurds, a proposal out of the Prime Minister-designate Muhammad Tawfiq Allawi to separate the work of ministries and political work "by returning Forming a strategic policy council that includes all leaders of political parties, presidents of the republic, ministers, parliament, the judiciary, and the Federal Court.
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