WOTS MON MAR 30 2020
The Markets:
The Asian markets closed down
NIK at 1.57% HSI at 1.32% SHANG .90%
Currently our markets are due to start negatively at 2:49 am cali time
all under 1% though at 1:08 cali tme the DOW is at about 21392 at.21 %snp .01% and NDX futures are green up .25%
UK markets re currently extending losses all red but under 1%
Precious Metals:
Gold red at 1622 Silver red at 14.24 Copper red at 216 Platinum red at 729
brent is at 23 according to bloomberg it's at a 17 year low
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1172.4000 |  1226.9000 | 1192.6000 | 1192.2000 | 1192.6000 | -0.6000 | 11:49 |
| USD/VND | 23394.9900 | 24121.3400 | 23617.9300 | 23615.5700 | 23615.5700 | 43.6300 | 15:00 |
| USD/CNY | 7.0912 | 7.0932 | 7.0991 | 7.0918 | 7.0985 | -0.0074 | 20:56 |
| USD/KWD | 0.3142 | 0.3152 | 0.3135 | 0.3135 | 0.3135 | 0.0001 | 11:46 |
| GBP/USD | 1.2333 | 1.2335 | 1.2413 | 1.2245 | 1.2413 | -0.0081 | 20:56 |
| USD/IRR | 0.0000 | 0.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 00:00 |
| USD/IDR | 16370.0000 | 16411.0000 | 16375.0000 | 16317.0000 | 16327.0000 | 43.0000 | 15:59 |
Things in the News:
Goal is to get location data in up to 500 U.S. cities to help plan response; privacy concerns call for ‘strong legal safeguards,’ activist says
WASHINGTON—Government officials across the U.S. are using location data from millions of cellphones in a bid to better understand the movements of Americans during the coronavirus pandemic and how they may be affecting the spread of the disease.
Riots erupt in Wuhan...
Iraqi Articles:
Call to activate the digital economy and work from home
Witness the Iraqi economy, as well as the Iraqi market, the exceptional circumstances calling for the adoption of alternatives that would push things along better and closer than it was before the spread of the virus, "Corona" in recent weeks.
Finds a group of specialists in economic affairs on the necessity to adopt the best alternatives that fit the current stage, which is the activation of the digital economy and supporting the ways and means of working from home legislation legal exceptional.
The digital economy
Know the digital economy is that economy that is based in a complex of operations on information, is based in most of his steps on the use of information and communication technology, which abolished barriers to the flow of information, goods and services and movement of capital to and from any point in the world, at any time, and allows the economics of the digital send and receive any amount of currency electronic instantaneous at any time and place.
In this regard, said researcher economic Lubna Al-Shammari said that "the widespread use of the internet among the public and across mobile phones, computers and open up new possibilities for including the possibility of working from home."
The Al-Shammari told the"morning": that "the work of the house, especially in the government sector, need legislation to enact appropriate laws to strengthen this trade and activate it not in the days of crises and disasters, but at all times".
The statement that "activate the work of this aspect would bring the proportion of advanced achievement in employee productivity saving time and effort in the execution of transactions in e-government".
Financial transactions
Through the payment systems in the system of payments of the central bank's move to enhance the role of financial inclusion through digital services offered by banking providers of Payment Services website as an important dimension in the strategy for the central automation work through the use of payment instruments electronic and encouragement on using financial services and banking offered by banks and providers of Payment Services website.
VMware academic economic Dr Majid Moor" the need to raise public awareness of the importance of cash handling over the phone through special applications with mobile phones, which started to work since a few years ago".
Added Moor for the "morning" that "there are a lot of citizens are unaware of the way the work of the e-wallets launched by the telecom companies in collaboration with the central bank through the POS to transfer funds and receive amounts to and from family members and friends of the telephone line in a manner that is effective and safe
And comfortable".
Registration e-mail
Among the moors that "these services also allow the transfer of funds through the use of the telephone line also, along with the possibility of shopping through the internet sites of e-commerce in Iraq through the payment gateway of the e-mail, which allows the purchase of various types of goods, services, products, fashion, flight bookings and much more". Said Moor: "what the country is going through exceptional circumstances and restrict movement to prevent the spread of "Corona", the registration e-mail via phone will be safe from all respects of his being singing about going to the markets and crowded places, and to cope for paper which may be one of the reasons for the spread of the virus, to achieve feasibility level health
And economic".
Deputy in Al-Fateh: Our partners will not allow Al-Zorfi to pass
The deputy of the Alliance of Fateh Mukhtar al-Musawi said on Monday that the partners of the Shiite blocs will not allow the passage of the government of Prime Minister-designate Adnan al-Zarfi in the House of Representatives.
Al-Musawi said in a statement to "Al-Maalouma", that "what happened from the commissioning of Adnan Al-Zarfi by the President of the Republic, Barham Salih, is a coup against partnership."
He added that "the way in which Zorfi was assigned is considered a flagrant violation of the constitution and ignored the larger bloc," noting that "Zrafi's continued formation of the government will work with our other partners not to give him confidence in Parliament."
The deputy of the Alliance of Cyclists Abbas Aliwi confirmed in a previous statement to the "information", that the Prime Minister-designate Adnan Al-Zarfi is moving at the present time to persuade the political blocs to pass his government, while the ministerial cabinet has not been completed yet.
Al-Musawi said in a statement to "Al-Maalouma", that "what happened from the commissioning of Adnan Al-Zarfi by the President of the Republic, Barham Salih, is a coup against partnership."
He added that "the way in which Zorfi was assigned is considered a flagrant violation of the constitution and ignored the larger bloc," noting that "Zrafi's continued formation of the government will work with our other partners not to give him confidence in Parliament."
The deputy of the Alliance of Cyclists Abbas Aliwi confirmed in a previous statement to the "information", that the Prime Minister-designate Adnan Al-Zarfi is moving at the present time to persuade the political blocs to pass his government, while the ministerial cabinet has not been completed yet.
Iraq faces the crisis by printing currency, despite Abdul Mahdi receiving the government with a surplus of 14 billion dollars
Analytics have reported that the measures taken to tackle the financial crisis, through .borrowing or printing paper money, are disastrous options for the state's economic security
She added that Prime Minister Adel Abdel-Mahdi recognizes the state with a surplus of $ 14 billion to the .government of Abdel-Mahdi, in addition to the 2019 budget Officials indicated that financial waste and mismanagement put the country on the verge of collapse, in light of .the financial crisis it is witnessing due to the deterioration of oil prices Officials called on parliament to hold the current government accountable for its reckless spending policies and .abuse of power by managing public interests
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed on Saturday, 28 March 2020, the options of Iraq to face the new financial situation, which was imposed on the country after the decline in oil prices and the emergence of the Corona virus, while stressing that the issue of printing an Iraqi currency to avoid the . crisis is just an opinion and a proposal
Saleh said, in a statement to the obelisk, that a team working with the Ministerial Council to restructure the state’s expenditures, indicating that our options for facing the financial situation are heading towards the pressure of expenditures, indicating that the issue of printing the currency is merely a personal and suggested opinion that is not consistent with the Central Bank Law, and the salaries of employees are priorities The government has .financial measures that will not lead to its failure
And the Follow-up Cell in the Prime Minister's Office revealed on Friday 27 March 2020 that the government will be able to distribute the salaries of the current month of March, while it will resort to some solutions to ensure the .provision of salaries next month
The head of the government follow-up cell, Mustafa Sanad, said in a televised statement that Iraq’s monthly .income from oil is currently estimated at only one billion dollars, after the price of a barrel drops to 18 dollars
He explained that the salaries of employees amount to 3 billion and a half per month, which may prompt Iraq to .borrow or to print the currency as a last option, as the state will be affected starting from next month
By the time the salaries are due, how will they be distributed with the curfew?
Corona pandemic caused a major crisis in the Iraqi currency market, as well as the work of private and government banks, especially with the start of the distribution of monthly salaries to employees.
In spite of the curfew, many governmental and private banks were able to resume their work after receiving exceptions to the curfew by the Crisis Cell and the concerned authorities, and began to disburse employees ’salaries and financial entitlements, as well as facilitate citizen transfers.
Al-Rashid Bank announced that it would begin distributing the salaries of employees of a number of ministries and institutions of the endemic country, their salaries with the bank using electronic payment tools.
The bank said in a statement that "people" received a copy of it, that "all bank branches were opened in implementation of the decisions of the crisis cell, and that all bank branches in the central and southern region continue to provide services to citizens despite the curfew and in coordination with the crisis cells in those provinces."
Regarding the departments that the bank began distributing its salaries, he stated that he raised the salaries of the employees of the endemic government departments with their salaries, and of all palm card holders and more than 30 ministries and institutions where the lifting operations were completed on 03/24/2020, and assured the bank that all salaries are insured and will be raised if It is received by the ministries and institutions by the bank, knowing that it is possible to receive from any of the bank’s branches or from the authorized agents of Suwij Company.
As for the Rafidain Bank, it has also announced that large amounts of money are available to feed its branches and distribute the salaries of employees and retirees, if available.
The bank’s media office said in a statement, “People” received a copy of it, today (March 29, 2020), that “the bank has sufficient financial liquidity to distribute the employees’ salaries and the dues of the owners of the outlets offices and other categories without interruption after allocating large amounts of money to feed its branches. ”
He pointed out that "the bank pays the employees' salaries through the electronic card and according to the timing and specific dates set by each department."
But the curfew exacerbated the suffering of citizens, regarding their ability to access these banks.
Citizens in the capital, Baghdad, and Basra Governorate, said, "The measures imposed by the security forces to prevent curfews prevented their access to bank branches to receive their salaries, whether employees or retirees."
In turn, the Islamic Spectrum Bank announced the reopening of its branches in a number of Iraqi governorates, for an official working period starting from 9 am to 12 noon, in implementation of the crisis cell headquarters in this regard.
The bank stated in a statement, "The branches of the Islamic Spectrum Bank will resume operations from the date of (29 March 2020) at 9:00 a.m. until 12:00 p.m. every day."
And between the bank, that “the branches that will resume work in Iraq are the Erbil branch (Family Mall), the Mansour Mall branch in Baghdad, the Harthy branch in Baghdad, the Hilla branch, the Kut branch, the Najaf branch, and the Nasiriyah branch.”
According to informed sources I spoke to "people", "The financial transactions offices between the Iraqi provinces are facing difficulty in their work after imposing the curfew, except for many remittance offices, financial dealings and private banks that have started to resume their work partially since yesterday, and waiting for new instructions on the work of the currency market And the exchange and transfer shops near the beginning of next April.
NAS
Yesterday, member of the Parliamentary Security and Defense Committee, Saad Ma`a Al-Halfi, criticized the government silence over the suffering of low-income families.
In a statement, a copy of which was received by “people”, Al-Halfi said, “The fear of transmission of the Corona virus has imposed a number of measures, including a curfew that will prove its effectiveness and perform its intended purpose if it is applied with regard to the humanitarian side,” noting that “the restrictions that The decision imposed by the ban on families with low incomes has added suffering to their suffering, especially since the heads of those families depend on bridging their children to earn their living from their daily work.
He added, “The sons of the Iraqi people presented a wonderful image of compassion among themselves, and a clearer picture of that is what we are seeing in the Tramaum campaign launched by His Eminence the Leader, Muqtada Al-Sadr, which relieved many of the shoulders of the needy families,” noting that “this does not absolve the government of its responsibility.” Toward its people, which is moving from crisis to crisis and from intensity to the next due to the entrenched partisanship and interests at the expense of the public interest.
Al-Halfi criticized “the government silence regarding the suffering of families with low incomes and the choice of the people between death by corona or starvation if they abide by the decisions issued to limit the spread of the deadly virus,” calling for “allocating a sum of money provided in the form of a monthly grant to each family that does not have a salary to be able to bridge Its needs during the curfew period, as well as obliging the Ministry of Trade to provide the ration card items in full and as quickly as possible.
The Human Rights Committee warning coincides with the security forces' tightening of measures to impose a comprehensive curfew in cities and popular neighborhoods.
An officer in the Ministry of Defense told Anatolia, (asked not to be identified), that this morning, the army and security forces closed five markets in the cities of Al-Sadr and Al-Shaab, east of Baghdad.
The source pointed out that the security forces prevented all kinds of gatherings outside the homes, and closed all small squares that the youth segment used to practice sports.
Deputy for Saeroun: The forces that reject Zarrafi are afraid of standing in front of their interests and privileges
A member of the House of Representatives for the Alliance of Allies Al-Rubaie, believes that the forces rejecting the prime minister, Adnan Al-Zarfi, are afraid of standing in front of their interests and privileges.
Al-Rubaie said in a statement, "The dispute inside the Shiite political house in Iraq over the candidacy of Adnan Al-Zarfi is part of it because" the forces that reject him feel his power and fear the presence of a prime minister who stands before its interests and privileges.
At the same time, he stressed, "Al-Zarfi will present his ministerial cabinet in the end to parliament during the constitutional period."
CBI, ISX,Dinar Guru:
CBI Update: IT SEEMS the CLOSURES have BEEN Extended WE SHALL SEE
Click on the link above for the latest update.
The CBI for rate is.
The currency auction total sales amount $ 0. No Auction today
ISX Update: At my last checking
Failure to organize trading sessions 17 / 3-2020 / 3/23
it's a document in Arabic but these are the words
Iraq Stock Exchange Iraq market for ur number: Date: \ ۷/۱۹ / C To the Securities Commission What is the lack of organization of trading sessions 3/17 - 3/23/2020
We give you our best regards. . .
Based on the decisions of the Health Crisis Cell dated 3/15/2020.
The Board of Governors decided not to organize trading sessions and stop trading activity in securities as of Tuesday 3/17/2020 to enable brokerage firms and investors to complete financial settlements between them and the clearing bank until Monday. 3/23/2020 The trading session after suspension is organized on Tuesday 3/23/2020 according to instructions and rules with appreciation CURFEW EXTENDED to APRIL 11th
Taha Ahmed Abdel Salam Duran Soran
Shares Traded: N/A
Value Traded: N/A
3-29-2020 Intel Guru Okie_Oil_Man GOOD SUNDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...GIVEN ALL THE INFORMATION FURNISHED ME WITHIN THE LAST 2 DAYS LEADS ME TO HOPE THIS WILL BE ONE OF MY LAST POSTS. INTEL FURNISHED FROM "THE TOP" STATES WE ARE IN OUR FINAL WEEK OF WANDERING AND WAITING PREDICATED ON THE MANDATE OF MARCH 31 REQUIREMENT OF COMPLETION. I WAS INFORMED OF BANKS AND REDEMPTION CENTERS BEING ON THE ALERT FOR AN ANY MOMENT NOTIFICATION FOR PROCESS STARTING... WE SHOULD BE RECEIVING OUR NOTIFICATIONS IN A VERY SHORT ORDER. THE RATES ARE EXCEPTIONAL AND WILL MORE THAN FULFILL ANY NEEDS, ASPIRATION, OR WISHES WE MAY HAVE.
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
Catnip's Corner:
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ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
The Supreme Committee for Health and Safety of the National Anti-Corona Corruption issued a number of important decisions 3-29-2020
The Supreme Committee for Health and National Safety to combat the Corona pandemic held its first meeting headed by Prime Minister Adel Abdul Mahdi, and at the beginning of the session Surat Al-Fatihah read the lives of the victims and called for recovery for all the injured, and his Excellency praised the efforts and sacrifices of medical and nursing staff and thanked them in the name of the Iraqi people, praising the efforts of Awareness, volunteer campaigns, donation and social solidarity.
The Prime Minister thanked the supreme religious authority for its good guidance and the countries that stood with Iraq in facing this crisis.
The Prime Minister affirmed that the formation of this committee came as a result of two months of work experience, progress made, overcoming difficulties and providing the necessary solutions and facilities, praising the work of the Diwaniya Command Committee 55 that did a great job.
He continued his Excellency: that Iraq took early decisions with the testimony of the World Health Organization and achieve good results in controlling the situation and the lack of injuries, despite its geographical location and compared to developed countries and possesses enormous capabilities.
The committee heard a presentation by the Minister of Health and Environment on developments in the health situation, number of injuries, deaths, procedures and preparations throughout the country.
The economic situation was discussed, providing the needs of the market and citizens, facilitating the entry of accumulated goods and foodstuffs at the border outlets, and providing the ration and other necessary facilities.
During the meeting, decisions were discussed that support the efforts to combat the epidemic and limit the risk of its spread among the Iraqi people, including those related to assessing the situation in the reforms and studying the issue of amnesty for prisoners and detainees who are not perpetrators of terrorist crimes and corruption, and many important and urgent decisions that will be issued later.
Media office of the Prime Minister
29-March-2020
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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 conducts an inspection night tour to personally find out the measures to prevent roaming, and to salute the officers and the ranks who protect the interests of the people.
4 pictures
Media office of the Prime Minister
29-March-2020
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ARTICLE 2 (from the Government of Iraq twitter account)
@IraqiGovt 3-29-2020 around 10:30 am Eastern
To Iraqi doctors, nurses, pharmacists, assistants, technicians, volunteers and frontline health staff: thank you for caring for fellow Iraqis during the #Covid19 pandemic. #DedicatedToService #والنعم_منك
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ARTICLE 3
Al-Zorfi sets 7 priorities for fighting Corona in the government program
3/29/2020 19:32
[Baghdad-where]
The Prime Minister-designate, Adnan Al-Zorfi, has announced 7 priorities in his government program to combat the Corona virus in Iraq.
Al-Zrafi said in his tweet on Twitter: "One of the priorities of our government program is to give the greatest effort to confront the outbreak due to the Corona virus, in order to protect the lives of citizens and will include the following measures:
First: Reshaping the crisis cell that specializes in facing the Krone Virus to be headed by the Prime Minister and the related membership of the ministers, and specialists in the field of virology and epidemiology.
Second: allocating an appropriate budget to provide the requirements to confront the virus.
Third: Harnessing all the national capabilities in the governmental and private sectors and supporting international organizations to confront the potential for widespread outbreaks of the virus.
Fourth: Taking strict and necessary measures.
Fifth: Requesting help and assistance from the international community to provide Iraq with the expertise and health materials required to face this epidemic.
Sixth: Opening the door to societal initiatives to support efforts to combat the epidemic and secure aid that reduces disease damage in areas.
Seventh: Work to provide basic foodstuffs in the market and distribute them within the ration to help people with low incomes.
First: Reshaping the crisis cell that specializes in facing the Krone Virus to be headed by the Prime Minister and the related membership of the ministers, and specialists in the field of virology and epidemiology.
Second: allocating an appropriate budget to provide the requirements to confront the virus.
Third: Harnessing all the national capabilities in the governmental and private sectors and supporting international organizations to confront the potential for widespread outbreaks of the virus.
Fourth: Taking strict and necessary measures.
Fifth: Requesting help and assistance from the international community to provide Iraq with the expertise and health materials required to face this epidemic.
Sixth: Opening the door to societal initiatives to support efforts to combat the epidemic and secure aid that reduces disease damage in areas.
Seventh: Work to provide basic foodstuffs in the market and distribute them within the ration to help people with low incomes.
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ARTICLE 4
Deputy: Al-Zrafi has not completed his cap yet and is moving to persuade the political blocs
3/29/209 16:29
[Baghdad-where]
The deputy of the Alliance of Others, Abbas Alawi, confirmed on Sunday that the Prime Minister-designate Adnan Al-Zrafi is moving at the present time to persuade the political blocs to pass his government, while the ministerial cabinet has not been completed yet.
Aliwi said in a statement, "Al-Zrafi understands the political forces’ rejection of him and is moving at the moment to persuade her of his government to achieve its passage within the parliament, "noting that" his visit to Anbar is part of its political moves. "
He added that "Al-Zrafi has not completed his ministerial cabinet yet and is trying to persuade the political blocs before sending them to the House of Representatives," noting that "Al-Zrafi's refusal or acceptance will be limited to the vote of the House of Representatives during the session of granting confidence."
The deputy of the Al-Fateh Alliance Fadel Al-Fatlawi confirmed yesterday, Saturday, that the Al-Fateh Alliance is still refusing to assign Adnan Al-Zarfi to the position of prime minister, while he indicated that some blocs are continuing in consultation with Al-Zarfi to form the government.
He added that "Al-Zrafi has not completed his ministerial cabinet yet and is trying to persuade the political blocs before sending them to the House of Representatives," noting that "Al-Zrafi's refusal or acceptance will be limited to the vote of the House of Representatives during the session of granting confidence."
The deputy of the Al-Fateh Alliance Fadel Al-Fatlawi confirmed yesterday, Saturday, that the Al-Fateh Alliance is still refusing to assign Adnan Al-Zarfi to the position of prime minister, while he indicated that some blocs are continuing in consultation with Al-Zarfi to form the government.
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ARTICLE 5
Al-Zorfi: We will start to ease the conflict between America and Iran
3/29/2020 15:57
[Baghdad-where]
Prime Minister-designate Adnan Al-Zorfi confirmed today, Sunday, that the American-Iranian conflict has negative repercussions on the situation in Iraq.
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"The increase in geopolitical tension in the region, especially the conflict between the United States and the neighbor, the Islamic Republic of Iran, has negative repercussions on the political, economic and security situation in Iraq," Al-Zorfi said in a tweet on his Twitter account.
He added: "Therefore, we will start playing a serious role in alleviating this conflict and removing Iraq and the region from its dangerous repercussions."
He added: "Therefore, we will start playing a serious role in alleviating this conflict and removing Iraq and the region from its dangerous repercussions."
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