Al-Sadr: We will work to raise the level of the Iraqi dinar
These are the articles that I discussed on the My FX Buddies Podcast:
The Saudi Minister of Commerce announces the imminent opening of the first Iraqi bank in Riyadh
Saudi Trade Minister Majid Al-Qasabi said, on Saturday, that Riyadh's investments in Iraq have already begun, stressing that the relationship between the two countries is strong and strong, and that no "stumbling" will occur between them.
Al-Qasabi added, during a meeting with colleague Saif Ali, which was followed by “Nas” (October 9, 2021), that “Saudi Arabia is working to restore bridges of communication with Iraq through several channels,” noting that “the two countries witnessed differences in the past, but they did not disagree on each other, and this is what It happens between brothers, especially since Iraq is part of the nerve of the nation and part of the region."
Al-Qasabi pointed out, "The relationship between Iraq and Saudi Arabia during the era of Prime Minister Mustafa Al-Kazemi witnessed a comprehensive openness and a remarkable and significant improvement, not only at the level of governments, but even among businessmen, which resulted in the establishment of the Saudi-Iraqi Business Council and many other things."
He continued, "At the beginning of the establishment of the Iraqi-Saudi Coordination Council, the Crown Prince directed me, quoting the Custodian of the Two Holy Mosques, as a minister in the Iraqi government, and my work is evaluated by the Iraqi Prime Minister," saying: "We worked much better than the first, opened all files and discussed frankly all the challenges and bureaucracies that we suffer." More than one file has been resolved.
And the Saudi Minister of Commerce added, "There are Saudi investments in Iraq, and the Saudi-Iraqi Company has also been established with a capital of $500 million, and this will be a guarantor of investment," saying, "We have passed the difficult stage."
He pointed out that "the council has achieved many achievements, including the opening of the consulate in the capital, and obtaining visas in Baghdad instead of going to Amman, and three other consulates will be opened in Iraq, and the commercial attache in Iraq has also been opened, as well as the Arar port, which was closed for a period of 29 years." year".
Al-Qasabi stressed that "Iraq and Saudi Arabia are in a close and strong relationship, and Iraq must return to the Arab embrace, and Iraq is Arab before anything else and our interests are common."
And he indicated that "strengthening commercial communication between the two countries will provide job opportunities for young people in the two countries, and this matter has actually begun," offering his thanks "to Al-Kazemi for solving many challenges, and this is what often happens. There is no work without problems."
Al-Qasabi stressed the importance of "Iraq developing itself for it, getting out of the old bureaucracy and overcoming investment obstacles."
The Saudi minister explained that Iraq’s problem lies in “its financial infrastructure, especially banks, where we personally suffer from transferring money, which takes an estimated time of 15 days, and this problem also occurs in the salaries of embassy employees, which causes delays, although we are in the age of speed.” .
He stressed that "Prime Minister Mustafa Al-Kazemi pledged to open an Iraqi bank in Saudi Arabia, and the procedures began, as the site was rented and the license was obtained, and this bank is the first Iraqi bank in Saudi Arabia."
Will the standard of living of the citizen improve and oil prices above 80 dollars?
International oil prices are still above the $80 per barrel barrier, at a time when this means a jump inIraq’s revenues, because the budget has adopted a much lower price, which makes the public wonder where these differences go and why the standard of living for individuals does not improve?
Laws suspended for 14 years await the new Iraqi parliament
The most important of them are oil and gas, domestic violence and freedom of expression
At a time when many observers and observers of parliamentary affairs in Iraq consider that the current session is the least in terms of legislation and oversight, including interrogations, compared to previous sessions, there are those who defend this session in terms of the circumstances that accompanied it.
Less than a year after the parliament was formed after the 2018 elections, the largest mass demonstrations in the country's history erupted, which lasted for more than a year and a half, disrupting political life to a large extent. While the demonstrations led to the dismissal of the government of Adel Abdul-Mahdi in late 2019, the country remained without a government for about 6 months, during which the “Corona” pandemic swept through Iraq, which already suffers from a dilapidated health system. And if the demonstrations provided more than 600 dead and more than 30,000 wounded, the “Corona” pandemic ravaged the Iraqi parliament, where about half of the parliament members were infected with “Corona,” 5 of whom died, which led to the disruption of the parliament’s effectiveness in carrying out its legislative and oversight duties.
What is taken on the outgoing parliament is the irregularity of its sessions and the frequent absences among its members, in addition to the presence of dozens of deputies, none of whom had any intervention during the three-and-a-half-year session. It is also taken for him to retain a number of deputies who won the elections without repeating the oath.
But the parliament's supporters defend the type of laws that can be legislated, namely the election law, the Independent High Electoral Commission law, the amendment of the Federal Court Law, and a number of other laws of varying importance.
In contrast, neither the parliament, whose mandate expired four days ago, nor the parliaments that preceded it were able to legislate many stalled laws for various reasons, foremost among which is the lack of consensus on some of them, the most important of which is the oil and gas law, which has been awaiting legislation since 2007. Many believe Observers say that if the oil and gas law had been enacted, the problem between Baghdad and the Kurdistan region would have been resolved due to the different interpretations of their vision of the law. While Baghdad submitted a copy of the law to Parliament in 2007 for the purpose of legislating it, the Kurdistan Region submitted a different paper, which made it difficult for members of Parliament to vote on it because of that. In addition, the majority of laws do not pass within the dome of Parliament unless they are agreed upon by the country's top political leaders in accordance with the consensual democracy in force in Iraq.
In addition to the oil and gas law, which is the oldest law that has not seen the light since the date of its submission as a draft, there are other laws that previous parliaments, the most recent of which is the current outgoing parliament, were unable to legislate, namely laws against domestic violence, squatter home ownership, cybercrime, freedom of expression and peaceful demonstration, and social security. Social, and amending the foreigners’ residency law related to Palestinians in Iraq, and the illegitimate gain law
Qaani arrives in Baghdad to arrange the post-election stage
11th October, 2021
The commander of the Quds Force in the Iranian Revolutionary Guards, Ismail Qaani, arrived on Monday in the Iraqi capital, Baghdad, on an unannounced visit.
A government source told Shafaq News Agency that, upon his arrival, Qaani held meetings with Iraqi officials and a number of political parties for the purpose of coordinating positions on political alliances for the post-announcement stage of the early parliamentary elections.
Al-Kazemi's advisor: Iraq has not witnessed "any official visit" during the last 48 hours
Confirmed bright Abbas, a political adviser to Iraqi Prime Minister Mustafa Kazmi, that Iraq has not seen over the past 48 hours , "any official visit to any foreign official."
Electoral Commission: As of tomorrow, we will receive appeals against the election results for a period of 3 days
Electoral Commission: No red complaint has been classified so far
Guterres to the Iraqi parties: Hurry up to form the government as soon as possible
United Nations Secretary-General Antonio Guterres urged, on Monday, all concerned parties to respect the timetable of the electoral process in Iraq.
And the account of the United Nations Assistance Mission for Iraq on Twitter quoted Stephane Dujarric, a spokesman for the Secretary-General, as saying that Guterres called on all parties concerned to be patient while the Independent Electoral Commission is working on preparing the results tables.
The statement also added that Guterres urged the Iraqi parties to complete the electoral process by forming a government "as soon as possible."
After the results were announced... Al-Maliki invites political leaders to an expanded meeting
Well-informed political sources revealed, on Monday, that the head of the state of the law coalition, Nuri al-Maliki, called on I leaders to hold a meeting that Sunni leaders are likely to join to discuss the results of the parliamentary elections that took place yesterday.
The sources told Shafak News Agency, that al-Maliki "called for an expanded meeting that will be held in the hours at his home, to discuss the electoral merits and the upcoming preliminary results announced by the High Elections Commission."
The sources confirmed that "Al-Maliki did not invite the Sadrist movement to attend the meeting," suggesting that "Sunni leaders whose identity has not been known so far."
The Independent High Electoral Commission announced today, Monday, the preliminary results of the elections that took place yesterday, Sunday, and initially showed that the Sadrist led bloc by Muqtada al-Sadr won the largest number of parliamentary seats, while the final and decided results of the elections are still under scrutiny.
Shi'ite cleric Moqtada al-Sadr wins Iraq election
link I still don't think this is officially official though hahaha
Al-Sadr: We will work to raise the level of the Iraqi dinar
Today, Monday, the leader of the Sadrist movement, Muqtada al-Sadr, affirmed work to improve and raise the level of the Iraqi dinar to be in the ranks of global currencies gradually.
Al-Sadr said in a speech after announcing the results of his bloc’s victory, which I followed (Baghdad Today): “This is your day, O people of Iraq, in which reform has won. It is the day of Iraq, determination and steadfastness.”
He added, “Praise be to the one who cherished reform with its largest Iraqi bloc, neither eastern nor western, and there is no place for corruption and corrupt people after today,” noting that “all embassies are welcome provided that they do not interfere in Iraqi affairs or form the government.”
Al-Sadr stressed that “the arms are confined to the hands of the state and prevented from using them outside this scope,” noting that “it is the Iraq of the reference and the wise, and we will be enlightened by their opinions.”
He stated that “it will not be for the government or the parties to control the money and wealth, but it is for the people,” threatening to “displace corruption and the corrupt.”
He continued by saying: ” The people’s oil is for the people, and we will improve the dinar to be in the ranks of international currencies gradually and activate the role of clans to support the stability of Iraq,” calling for “the confiscation of arms in the hands of the state, even if it claims to represent the resistance.”
Al-Sadr called for “celebrating the victory without harassing others or causing inconvenience to them.”
The Sadrist bloc won 73 parliamentary seats, according to the results announced by the Electoral Commission on Monday, to occupy the first place.
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