WOTS TUE MAY 11 21 Sistani's office announces its expectations on the first day of Eid al-Fitr
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Alia Nassif reveals a surplus in oil revenues
MP Alia Nassif called on the Prime Minister to instruct the Ministers of Finance and Planning and all concerned authorities not to sign any foreign loans, due to the existence of a surplus in oil revenues of $ 7 billion, at a minimum, at the end of last month.
Nassif Al-Youm explained: “At the end of last April, Iraq achieved a surplus in oil revenues of 7 billion dollars as a minimum, given that the price of a barrel fixed in the budget is $ 45, while its actual price is not less than $ 63, and this surplus in oil revenues eliminates the need. To external borrowing. ”
It indicated: “The Finance Ministry should not sign any foreign loans under the pretext of a deficit, including the World Bank, whose loans are considered a kind of colonial domination, in addition to the rest of the loans that are (declared corruption) such as the Indian and Swedish loans, and electricity contracts must be referred to a tender. Instead of direct referral, with the aim of opening the door for competition to obtain the best prices. ”
And Nassif added, "We say it frankly and in front of the Iraqi people, after this increase in oil revenues, whoever borrows is corrupt and corrupt."
The post Alia Nassif reveals a surplus in oil revenues appeared first on the independent press agency.
First comment from joint operations on the withdrawal of Lockheed Martin from Balad base
On Tuesday, the Joint Operations Command warned of the withdrawal of companies operating in the maintenance of F-16s, while confirming that these aircraft are the backbone of the Air Force.
"The F-16 aircraft are very important aircraft and the backbone of the Iraqi Air Force and the Iraqi arm in fighting and fighting terrorism," said the spokesman for the leadership, Major General Tahseen Al-Khafaji, in a statement to the official agency affiliated with "Nas" (May 11, 2021), indicating that "the companies operating in the maintenance These aircraft have a direct impact on the process of preparing the cadres and technologies that contribute to raising the capacity of Iraqi technicians. "
He added, "We hope that the training of our technical cadres will be completed in order to take the principle of maintenance, as well as fully equip and repair," indicating that "any interruption in the schedule of the preparation process will negatively affect the training processes, complete our capabilities and build our engineering and technical capabilities."
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, had announced earlier, the need for training, arming, equipping, and exchanging intelligence information with the international coalition, stressing that this would complement building the capabilities of the Iraqi armed forces.
And the American company "Lockheed Martin" announced that it had withdrawn maintenance teams for F-16s from the Iraqi "Balad" air base for security reasons.
"In coordination with the US government and with the safety of our staff being our top priority, Lockheed Martin is relocating the F-16 team that is based in Iraq," Joseph Lamarca Jr., a communications officer at the weapons manufacturer, said in a statement, without revealing how many employees are. Being pulled.
"The company has 70 employees at Balad base, 50 of them will be transferred to the United States and about 20 to Erbil in the Kurdistan region," an Iraqi official told the New York Times
A senior official in the Iraqi Ministry of Defense confirmed that the company would withdraw the staff due to the repeated missile attacks on the base, noting that "efforts to persuade the company to stay have been unsuccessful."
He pointed out that when they were asked to postpone the decision, they said, "We will leave in two or three months, and when you provide protection, we will return to Iraq."
A recent US Defense Department report said: “The Iranian-backed militias focused during the first three months of this year on attacks on major bases in Iraq, which prompted US contractors to temporarily leave the Balad base of the Iraqi Air Force. ".
Lockheed Martin's decision is expected to stop the remaining number of F-16s in the Iraqi fleet from operating, which casts doubts on Iraq's ability to fight ISIS militants without much help from the United States, according to the newspaper.
Iraq bought F-16s in 2011, after the withdrawal of US combat forces from the country, and the announcement of the deal, which was estimated at billions of dollars, marked a new era of security cooperation between the United States and Iraq.
First comment from joint operations on the withdrawal of Lockheed Martin from Balad base
On Tuesday, the Joint Operations Command warned of the withdrawal of companies operating in the maintenance of F-16s, while confirming that these aircraft are the backbone of the Air Force.
"The F-16 aircraft are very important aircraft and the backbone of the Iraqi Air Force and the Iraqi arm in fighting and fighting terrorism," said the spokesman for the leadership, Major General Tahseen Al-Khafaji, in a statement to the official agency affiliated with "Nas" (May 11, 2021), indicating that "the companies operating in the maintenance These aircraft have a direct impact on the process of preparing the cadres and technologies that contribute to raising the capacity of Iraqi technicians. "
He added, "We hope that the training of our technical cadres will be completed in order to take the principle of maintenance, as well as fully equip and repair," indicating that "any interruption in the schedule of the preparation process will negatively affect the training processes, complete our capabilities and build our engineering and technical capabilities."
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, had announced earlier, the need for training, arming, equipping, and exchanging intelligence information with the international coalition, stressing that this would complement building the capabilities of the Iraqi armed forces.
And the American company "Lockheed Martin" announced that it had withdrawn maintenance teams for F-16s from the Iraqi "Balad" air base for security reasons.
"In coordination with the US government and with the safety of our staff being our top priority, Lockheed Martin is relocating the F-16 team that is based in Iraq," Joseph Lamarca Jr., a communications officer at the weapons manufacturer, said in a statement, without revealing how many employees are. Being pulled.
"The company has 70 employees at Balad base, 50 of them will be transferred to the United States and about 20 to Erbil in the Kurdistan region," an Iraqi official told the New York Times
A senior official in the Iraqi Ministry of Defense confirmed that the company would withdraw the staff due to the repeated missile attacks on the base, noting that "efforts to persuade the company to stay have been unsuccessful."
He pointed out that when they were asked to postpone the decision, they said, "We will leave in two or three months, and when you provide protection, we will return to Iraq."
A recent US Defense Department report said: “The Iranian-backed militias focused during the first three months of this year on attacks on major bases in Iraq, which prompted US contractors to temporarily leave the Balad base of the Iraqi Air Force. ".
Lockheed Martin's decision is expected to stop the remaining number of F-16s in the Iraqi fleet from operating, which casts doubts on Iraq's ability to fight ISIS militants without much help from the United States, according to the newspaper.
Iraq bought F-16s in 2011, after the withdrawal of US combat forces from the country, and the announcement of the deal, which was estimated at billions of dollars, marked a new era of security cooperation between the United States and Iraq.
Protesters set fire to tires near the Iranian consulate in Karbala
![[article_title_text]](https://akhbaar.org/home/assets/images/big/protester_fire_tyres_near_iranian_condulat_in_karbalaa_09052021.jpg)
Al-Rafidain raises the interest rate for saving accounts for citizens who have deposited their money in the bank
Al-Rafidain Bank announced, on Monday, to raise the interest rate for citizens’ saving accounts.
The bank’s media office said in a statement that Mawazine News received a copy of, that “based on the bank’s policy aimed at maximizing revenues in order to attract cash and encourage customers to save their money instead of hoarding it at home, the bank decided to increase the interest rate on savings accounts to 4.5 percent”.
The bank called on citizens to “deposit their money in the bank and benefit from that service provided to them.”
Al-Attar stresses the need to launch direct economic support packages
On Monday, a member of the Iraqi Economic Council, Ghadeer Al-Attar, called on the government to launch direct economic support packages.
Al-Attar said in a statement received by (the Iraqi Media News Agency / INA) that "there is an urgent need to hold an economic reconciliation between the Iraqi government and the private sector, in order to solve all problems and get rid of obstacles through the formation of a tripartite committee from the executive, legislative and private sectors."
He added, "It is for that committee to study the defects and submit its recommendations to the Council of Ministers to take decisions regarding them."
A member of the Economic Council indicated that "the committee must review draft economic laws and land look into old legislation."
The high oil prices must be exploited by approving a supplementary budget for the current year
Economic expert, Raad Twaij, stressed the need to approve a hypothetical supplementary budget for the current year after the rise in global oil prices.
Twig said in a statement to the Iraqi National News Agency ( NINA ) that: With the increase in oil prices to 69 dollars and the increase in revenues to 6 billion dollars this month and the possibility of a large cash surplus, a hypothetical supplementary budget must be decided and made of a productive developmental nature that increases business activity in the country. Iraqi society. ”
He pointed out,“ the need to empower the Iraqi woman, as it is more than half of the society, by preparing a plan to transform the Iraqi woman into a productive woman through industry and sewing on a large scale, and that this plan should be within the supplementary budget in order to replace her from imports of clothes that take more than 10 billion dollars. Dollars a year. "
Twig continued, "We must take advantage of the high oil prices, which rise to $ 70, in a supplementary budget to employ 20 million Iraqis.
Al-Sistani's office announces its expectations on the first day of Eid al-Fitr
Al-Sistani's office announces its expectations on the first day of Eid al-Fitr
The office of the supreme Shiite cleric in Iraq, Ali al-Sistani in Najaf, expected that the crescent of the Shawwal month will be seen next Thursday with the naked eye, and in light of this, next Friday will be the first day of the blessed Eid al-Fitr.
According to the booklet of the crescent times issued by the office, according to what was stated by the Abbasid shrine site, it is expected that the crescent of the month of Shawwal will be on the evening of Thursday (30 Ramadan 1442 AH) corresponding to (May 13, 2021 AD) at the skyline of the holy city of Najaf at sunset at 6:51 pm It also follows:
Age is 44 hours and 47 minutes.
Height from the horizon is 17 degrees, 3 2 minutes.
The duration of stay after sunset is 1 hour and 33 minutes.
- The proportion of the illuminated section is 2.39%.
In this case it is expected to be seen very loud and clear.
It is also expected that the crescent will be on the evening of Wednesday (29 Ramadan 1442 AH) corresponding to (May 12, 2021 AD) at 6:50 as follows:
Age is 20 hours and 47 minutes.
- The height above the horizon is 6 degrees 59 minutes.
Duration of stay after sunset is 38 minutes.
- The proportion of the illuminated section is 0.52%.
In this case, it is not expected that the crescent will be seen with the naked eye.
It is noteworthy that it was stated in the introduction to the pamphlet: “These calculations do not represent the opinion of the religious reference, but are merely astronomical predictions, because the beginning of the lunar months depends on the legitimacy of the sighting of the crescent moon. By seeing if possible. "
Earlier Tuesday, the Sunni Endowment in Iraq and the Ministry of Endowments in the Kurdistan Region announced that Thursday will be the first day of Eid al-Fitr.
And the Sunnis in Iraq began fasting Ramadan a day before the start of the Shiites.
Source: A high-ranking Saudi delegation is visiting Baghdad today
The source said, "The Saudi delegation will be headed by a high-ranking government figure, and this is the first visit of its kind."
He added, "For security reasons, the visit was not announced earlier, and the name of the delegation and its head is not allowed to be revealed."
On the seventh of May, the American New York Times revealed a high-level Saudi-Iranian meeting in the capital, Baghdad, this month.
It is noteworthy that diplomatic moves and talks are taking place in the Middle East during the recent period, even between the most adversarial parties in the region.
The most prominent of these moves were the negotiations between Saudi Arabia and Iran that were held in Baghdad under Iraqi auspices, which are expected to continue, according to the American "New York Times", which revealed an upcoming meeting between Saudi and Iranian officials, which may be held in Baghdad this month "at the level of ambassadors." .
In addition to Iraq's sponsorship of the Saudi-Iranian dialogue, Baghdad also sponsors talks between Washington and Tehran, as Bloomberg reports, citing informed sources.
Al-Aradi stresses the importance of the trends aimed at digital transformation and its role in promoting economic performance
Baghdad Economic Forum member Jassem Al-Aradi stressed, on Monday, the importance of the trends aimed at digital transformation and its role in promoting economic performance in Iraq.
Al-Aradi said during his participation in the Digital Transformation Summit in virtual Iraq, that Iraq desperately needs to develop automation and governance in managing the country's joints and moving to a better stage commensurate with the country's capabilities.
The Digital Transformation Summit was held in Iraq under the auspices of Asiacell, with the participation of many thought leaders and influencers from all over the world to share their ideas about the digital transformation strategy in Iraq. Among the prominent attendees were high-level government officials, decision-makers, strategists, digital innovators, digital transformation leaders, banks, financial institutions, donor organizations, and many more.
The summit, which was held hypothetically due to the pandemic conditions, included many critical topics and new ideas related to digital structural reforms presented in a series of dynamic seminars, interactive panel discussions, and strategic dialogues. Among these topics were the leap from the paper economy to the data-based economy, the implementation of the e-government program within government institutions, the acceleration of electronic banking services provision and financial inclusion, and the implementation of new e-learning systems that develop solutions to the current educational challenges in Iraq.
The summit discussed the emerging technologies in the world such as artificial intelligence, big data, cloud computing, analytics, robotics, and how these pioneering innovations should be used to contribute to the development of Iraq. One example used to illustrate this progress is Asiacell's data centers, which have proven to be the most appropriate reference for technological excellence in Iraq.
Despite the delay in digitizing many sectors in Iraq, the telecommunications sector is the most competitive and only advanced technology sector. Asiacell, which was the first among telecom companies operating in Iraq, has assumed responsibility for transforming Iraq into a digital country, starting with organizing and supporting the "Iraq Digital Transformation Summit". With networking and communication technologies such as the Internet and the mobile phone, this summit will establish the seed for a digital national economy, enhance the competitiveness of technology between Iraq and the world, and open the doors wide for an exceptional quality of community life.
For his part, Asiacell spokesman and director of integrated marketing communications, Abdullah Hassan, said, "We are happy to have a leadership role in this summit, stressing our readiness to be the main player for change towards digital transformation in Iraq."
He added, "The number of subscribers to traditional mobile phone communications is currently approaching 99% of the population, while the number of subscribers to Internet services in Iraq has exceeded 30 million subscribers, which means that 75% of the Iraqi people connect to the international network of the Internet, and this is a positive sign. That the number of users has exceeded the global average of only 50%, taking into account that the number of users has increased by 11 million Internet users in Iraq between 2019 and 2020 only! And that the percentage of smart phone subscribers to regular phones on our network is more than 72%, and this is an indicator. Excellent, and the continuation of remote work and study is evidence of the Iraqi people's awareness of the role of digitization; therefore, the transition to e-government will certainly be a success for all parties.
Here is the regular WOTS "Word on the Street" daily report:
The exchange rates of the dollar on the local markets on Tuesday (May 11, 2021), according to the monitoring of Mukhasin.
Baghdad - Al-Kifah Stock Exchange
148,300
....
Price in exchange (approximate)
147,750
148,750
——————————
Basra / Stock Exchange
148,300
——————————
Erbil / Bursa
148,600
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1454.7000 |  1504.2000 | 1473.4000 | 1470.8000 | 1473.4000 | 13.0000 | 12:53 |
| USD/VND | 23055.0000 | 23065.0000 | 23044.9500 | 23044.1300 | 23044.1300 | 1.9700 | 00:04 |
| USD/CNY |  6.4215 | 6.4235 | 6.4313 | 6.4149 | 6.4149 | 0.0059 | 04:59 |
| USD/KWD | 0.3004 | 0.3014 | 0.3005 | 0.3005 | 0.3005 | -0.0001 | 04:57 |
| GBP/USD | 1.4133 | 1.4135 | 1.4146 | 1.4104 | 1.4117 | 0.0015 | 05:00 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 |
| USD/IDR | 14187.0000 | 14201.0000 | 14229.0000 | 14168.0000 | 14195.0000 | -9.0000 | 05:00 |
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Oil prices fell by more than half a dollar per barrel
Global oil prices fell today, Tuesday, by more than half a dollar per barrel.
According to Reuters / that: By 05:12 GMT / 12: 8 / Baghdad time, US West Texas Intermediate crude futures fell 61 cents, equivalent to 0.94%, to $ 64.31 a barrel, after increasing it two years on Monday.
Brent crude futures fell 56 cents, or 0.82%, to $ 67.76 a barrel, after rising 4 cents yesterday.
Today, OPEC is expected to release its monthly report on the oil market, which will include production figures for last April.
First comment from joint operations on the withdrawal of Lockheed Martin from Balad base
On Tuesday, the Joint Operations Command warned of the withdrawal of companies operating in the maintenance of F-16s, while confirming that these aircraft are the backbone of the Air Force.
"The F-16 aircraft are very important aircraft and the backbone of the Iraqi Air Force and the Iraqi arm in fighting and fighting terrorism," said the spokesman for the leadership, Major General Tahseen Al-Khafaji, in a statement to the official agency affiliated with "Nas" (May 11, 2021), indicating that "the companies operating in the maintenance These aircraft have a direct impact on the process of preparing the cadres and technologies that contribute to raising the capacity of Iraqi technicians. "
He added, "We hope that the training of our technical cadres will be completed in order to take the principle of maintenance, as well as fully equip and repair," indicating that "any interruption in the schedule of the preparation process will negatively affect the training processes, complete our capabilities and build our engineering and technical capabilities."
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, had announced earlier, the need for training, arming, equipping, and exchanging intelligence information with the international coalition, stressing that this would complement building the capabilities of the Iraqi armed forces.
And the American company "Lockheed Martin" announced that it had withdrawn maintenance teams for F-16s from the Iraqi "Balad" air base for security reasons.
"In coordination with the US government and with the safety of our staff being our top priority, Lockheed Martin is relocating the F-16 team that is based in Iraq," Joseph Lamarca Jr., a communications officer at the weapons manufacturer, said in a statement, without revealing how many employees are. Being pulled.
"The company has 70 employees at Balad base, 50 of them will be transferred to the United States and about 20 to Erbil in the Kurdistan region," an Iraqi official told the New York Times
A senior official in the Iraqi Ministry of Defense confirmed that the company would withdraw the staff due to the repeated missile attacks on the base, noting that "efforts to persuade the company to stay have been unsuccessful."
He pointed out that when they were asked to postpone the decision, they said, "We will leave in two or three months, and when you provide protection, we will return to Iraq."
A recent US Defense Department report said: “The Iranian-backed militias focused during the first three months of this year on attacks on major bases in Iraq, which prompted US contractors to temporarily leave the Balad base of the Iraqi Air Force. ".
Lockheed Martin's decision is expected to stop the remaining number of F-16s in the Iraqi fleet from operating, which casts doubts on Iraq's ability to fight ISIS militants without much help from the United States, according to the newspaper.
Iraq bought F-16s in 2011, after the withdrawal of US combat forces from the country, and the announcement of the deal, which was estimated at billions of dollars, marked a new era of security cooperation between the United States and Iraq.
Iraq officially requests the purchase of Exxon's stake in "West Qurna 1"
The head of an Iraqi oil company that manages West Qurna 1 field, one of the largest Iraqi oil fields, said on Monday that Iraq had formally requested to buy the US energy giant Exxon Mobil’s stake in the field.
Iraq said last month that Exxon wanted to sell its 32.7 percent stake in West Qurna 1, and that the Oil Ministry had begun discussions about a possible deal.
"The decision was reached, and we officially sent a letter to Exxon Mobil to buy its stake," said Khalid Hamzah, director of the Basra Oil Company, adding that the ministries of oil and finance will work on the procedures for securing the financing.
He explained that Exxon wants to sell the stake for $ 350 million, according to Reuters.
The sale implies a shift in plans for Exxon, which in 2019 appeared to go ahead with a $ 53 billion project to increase Iraqi oil production.
Hamzah said that after purchasing the stake, the Basra Oil Company will coordinate with other partners working in the field to ensure smooth operations.
Other foreign shareholders in West Qurna 1 are Petro China with a stake of 32.7 percent, Japan's Itochu with a 19.6 percent stake, and Indonesian Pertamina with a ten percent stake.
The Iraqi government-run Oil Exploration Company owns the remaining five percent.
Iraq is the second largest producer in OPEC, and oil contributes at least 95 percent of its income.
The collapse in demand and oil prices due to the Covid-19 pandemic severely affected Iraq last year.
But the market is recovering, which is what led the Organization of the Petroleum Exporting Countries (OPEC) and its allies to agree to increase production slightly from May 1.
Hamzah said that Iraq approved the investment budgets for the year 2021 submitted by foreign oil companies to develop Basra fields in the south of the country, which are managed by the Basra Company, with an estimated value of about seven billion dollars.
In order to increase revenues, he said, Iraq intends to increase production of light crude by 100,000 barrels per day to reach 1.1 million barrels per day.
He added that oil exports have averaged 2.85 million barrels per day since the beginning of May, down from 2.9 million barrels per day in April.
Kurdish delegation to visit Baghdad after the Eid .. This will be discussed?
The Parliamentary Finance Committee revealed, on Tuesday, a Kurdish delegation's visit to Baghdad.
The deputy of the Patriotic Union of Kurdistan, Shirwan Mirza, said, according to Kurdish media, that "a technical delegation from the Kurdistan region will visit the federal capital, Baghdad, after Eid Al-Fitr, to discuss the mechanism for implementing Article (11) of the budget law for the current year."
Mirza explained, "Article (11) does not stipulate the delivery of crude oil to the Kurdistan region, but rather the establishment of the specified quantity," indicating that "we want to know the mechanism for implementing this paragraph. Will it be calculated by clearing and deducting the oil from the region’s share of the budget and spending the remainder, or depositing The region has sold oil in a bank account for the benefit of the federal government. "
He stressed, "The mission of the delegation that will visit Baghdad is to agree on the mechanism for implementing Article (11) of the Federal Budget Law."
The deputy added, "According to the statements of the Federal Prime Minister Mustafa Al-Kazemi, the federal government is about to end the distribution of the sections of exchange included in the budget, including the Kurdistan region, and therefore he announced that the region's dues will soon be sent," explaining that "the region is waiting to send its share of the budget for this month."
CBI Update: Just a note:
including $46,100,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
5-10-2021 Intel/Newshound Guru Holly it was a quiet weekend. ...We have to wait to see if everything...on the GCR side etc is moved where the rv can be released. More news will be coming in today...Never, ever give up!
5-10-2021 Intel Guru RayRen98 [...RAY - SHARE THE RATES...SAME OR CHANGES - INDICATE IF THERE ARE...] NO CHANGES ...DONG . 47...DINAR 3.23...ON SCREENS...
5-10-2021 Intel Guru MarkZ [via PDK] I am really hearing some great things…hang tight as this should be a phenomenal week. The chatter is exceptional right now…there is good potential this week...I am excited but remember that nobody knows the exact timing...
5-10-2021 Intel Guru Texas Snake Not 100% confirmation as yet, but [...exchange banker is being told that] many things look very positive for a certain day next week [this week of Mon 10 May forward, •••our guy added any day from about mid-week to end of the week•••] ...This will be a Shotgun start--I can only go on the information my banker tells me...I have positive indications for this coming week...
5-9-2021 Intel Guru Frank26 It is going to happen. The process is revealing itself right now of the new small category notes and the new exchange rate. Just because you can't see it doesn't mean it is not happening. With all deep sincerity in my heart I am more than satisfied that it is happening. I wish you well. If you're hurting because you need this money I pray for you...
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