With determination and high confidence in the ability of the Iraqi financial and technical cadres to overcome the challenges of the technical gap that Iraq suffered due to the repercussions of the siege, wars and instability during the information revolution period.
The Central Bank, banks and specialized technical companies were able to overcome the challenges that stand in the way of the digital transformation of the banking sector and stand in the right direction in the darkest economic and security conditions that our country has experienced during the past years and draw a sound road map to catch up with the technical developments in the countries of the world.
The observer of the situation in Iraq during the years (2016-2021) notes the extent of belief in the Iraqi capabilities and competencies to bring about change and bridge the technical gap between us and the developed world. This is evident in the important achievements that have been achieved, as follows:
1 - The methodology adopted by the Central Bank and implemented by banks and electronic payment companies always focuses on working under a sound legislative, regulatory and legal umbrella, as well as strengthening the concepts of governance and global standards with regard to information technology and financial technologies. 2‐ Issuance of the electronic money payment system No. 3 of 2014 and the establishment of the National Payments Council, governance controls and institutional management of information and communications technology, and legal regulations and instructions that regulate the work of banks and electronic payment service providers.
3- The central bank plays a pivotal role in establishing advanced infrastructure, pursuing the latest global technologies, and developing the bank’s financial and banking systems, payment systems, and advanced communication networks according to the latest technologies.
4‐ The central bank, banks, and electronic payment companies own advanced payment systems as well as retail payment structures, and the national exchange was one of its most important parts. Up to 12 million credit cards were issued and approximately 1,300 ATMs were distributed
and more than 5,000 points of sale. 5- Granting work licenses to many electronic payment service providers (card issuers, collectors, mobile payment companies’ operations, bill presenters and payment gateways through various channels).
6- Extensive interest in implementing the first objective of the first strategy of the Bank (2019-2020) and second (2021-2023),
which is to achieve monetary and financial stability and enhance digital transformation in the banking sector through a sound financial system with interest in achieving financial inclusion and reducing risks, as well as adopting a localization project Employee salaries, which increased from 11% to 23%, and expected to achieve the target percentage in 2023. It is clear from the above achievements that the Central Bank, the banking sector and electronic payment companies have overcome the challenges of the technical gap due to the blockade, occupation and terrorism, and it is moving today at a steady pace to achieve digital transformation in the comprehensive financial and banking sector towards achieving financial stability and moving from the cash society to the cashless society, which is also one of the objectives of the curriculum The reformist government in the white paper for the transition towards a digital economy. Future plans for digital transformation 1- Enhancing research and development activities for the manufacture of new banking products that are spread across governorates, districts, districts, and small cities.
2- Improving the performance of banks through new inputs based on modern technologies, as well as the development of patterns and policies that adopt modern banking techniques that the countries of the developed world preceded us to.
3- Capacity building and qualification of digital transformation leaders and human resources in the field of modern banking sciences, technology and innovation with the aim of achieving sustainable development goals.
4- Develop plans and programs that aim to transform society into a society that deals with criticism, into a non-cash society and into an information society, so that plans and strategies for economic and social development are produced while working to achieve sustainable development goals.
5- Preparing national policies and strategies consistent with the plans of the monetary authority in management, supervision and control, and in coordination with information and communication technology. * Economic and banking consultant
America describes its relationship with the Kurdistan Region as a strategic partnershiplink On Monday, the United States of America described its relationship with the Kurdistan Region as a strategic partnership, and a catalyst for stability in Iraq and the region. This came during the reception of the leader of the Kurdistan Democratic Party, Massoud Barzani, to the US Ambassador to Iraq Matthew Tueller and the accompanying delegation in Erbil. During the meeting, the US ambassador congratulated the success of the Iraqi parliamentary elections and the victory of the Kurdistan Democratic Party candidates, expressing at the same time his hope that these elections would become a reason for consolidating stability and correcting the political process in Iraq. The US ambassador stressed that his country’s partnership with the Kurdistan Region is a strategic and a catalyst for stability in Iraq and the region. According to a statement by Barzani’s office, the two sides discussed the views on the post-election phase and the formation of the Iraqi government, and it was stressed the need to observe the principles of true partnership. During the meeting, they discussed the situation in Syria and the terrorist threats throughout Iraq.v
The National Approach: The privatization of Rafidain Bank is unacceptable and inconsistent with the lawlink The National Approach Alliance confirmed: "The decision to privatize Al-Rafidain Bank is rejected and contrary to the law and will lead to the transfer of the hegemony of the state to the control and control of influential political parties."
The coalition said in a statement: "What the Ministry of Finance announced regarding the decision to restructure Rafidain Bank, which includes in one of its mechanisms announced by senior specialists in the position of authority, options to privatize that sovereign institution, which is rejected and calls for a national stand from the elites, academics and specialists with the insight of public opinion. The danger of this emergency approach to Iraqi society.”
He added: "The privatization of government banks and subjecting them to the principle of partnership with the private sector in ownership contradicts Article (29) of the Investment Law of 2006, which prevented privatization activities in the fields of oil and gas extraction and the government banking sector, and that the transfer of ownership of this bank, which represents the state's financial sovereignty From the state to the private sector, or involving it in its ownership, an exclusive sovereign right of the state is taken away and transferred to merchants and businessmen, and this is a dangerous trend that threatens the state’s economic structure.”
The statement explained: "Some of the justifications put forward for this project, such as the bank's losses from the foreign debts it owed, the exchange rate adjustment losses, the war losses and the looting of its branches, all arose from the state's policy or circumstances that the bank as a government institution had no choice or will in its occurrence and its effects." It is correct that the state’s policy in the aforementioned field be reviewed and not go to a decision in which the oldest national banking and financial institution is wasted and neglected,” noting: “This wrong decision will transfer the state’s dominance over more than (80%) of the assets of the Iraqi banking market to the control and control of personalities or Influential political parties by entering the process of transformation towards privatization and partnership in the ownership of the bank, which includes controlling the sovereign state funds and deposits of state ministries and government institutions.
He continued: "One of the so-called proposals to restructure the Rafidain Bank includes selling the bank's shares and establishing joint ownership with traders and investors. ".
He pointed out: “Some fears also result from the dismissal of many cadres and employees of the bank and its branches, as the decisions of the bank’s board of directors will participate in drafting the partners in the ownership of the bank from merchants and investors who are looking to reduce production costs, of course, for the purpose of increasing their returns and profits to the highest extent. The severe fears of this decision is the formation of a mixed company for the new bank with the participation of private banks. The Iraqis watched and followed its negative role in the currency auction and the depletion of the Central Bank’s reserves in the most difficult economic conditions that the country passed through without any positive development activities for the national economy.”
An economist warns of the control of the billionaire mafias of corruption on the currency marketlink The expert in economic affairs, Safwan Qusay, stressed the need for the Central Bank to control all outlets of foreign currency transferred abroad or sold internally, warning against "the control of billions of corruption mafias on the currency market."
Qusay said in a statement to the National Iraqi News Agency / NINA /: “Foreign currency sales in the Central Bank of Iraq are facing fluctuations and declines as a result of the Central Bank of Iraq’s attempt to implement new instructions to control the currency sale window and track the movement of funds and the mechanism used to enter goods and services and include them in taxes and customs.” .
He pointed out: "These measures will transfer the demand for foreign currency to the parallel market in the short-term period, especially since there are goods flowing into the Iraqi market from unofficial outlets, and their owners obtain the Iraqi dinar and try to get it out in various ways, including inflating the price of imported goods from abroad." .
He added: "If the attempt of the Central Bank of Iraq to track the movement of dollar funds out of Iraqi banks abroad succeeds, and then control the import outlets from solid origins, irregular traders will gradually turn to the regular market to obtain foreign currency through official methods, and we may witness an increase in the price of the dollar." In the parallel market, unless the central bank continues to sell the dollar in cash and more than the market needs to maintain the parallel price.
The economic expert stressed the need to control all outlets of foreign currency transferred abroad or sold internally, because financial and monetary reform must be comprehensive, and without that, the billions of corruption mafias will continue to grow at the expense of the wealth of Iraqis
The appearance of Muhammad Salih: The surplus oil price revenues will go towards achieving economic and social well-beinglink
Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that: the surplus oil price revenues will tend to achieve economic and social prosperity.
He told the National Iraqi News Agency ( NINA ) that: The general budget in 2022 will achieve a surplus, especially if the average annual oil barrel increases to be at least 75 dollars.
Saleh added: This surplus will be directed in two directions, the first: building a precautionary financial account called the “budget stability account,” which is the government’s foreign reserve to counter the fluctuations of public budget revenues in the coming years, and it is called the “budget stability fund to achieve financial sustainability.”
He continued: As for the other side, the financial surplus will be spent on investment projects, especially faltering income-generating projects that maximize the added value, which absorb the momentum of unemployment and help raise growth in the gross domestic product by no less than 5% or double the annual growth of the country's population in a manner that achieves the minimum limits of economic and social welfare.
For lower risks.. Long-term stock investment tips link this was in iraq's news ....getting them ready to invest??? hmmm 
There is no doubt that long-term investments in stocks are the safest and best in terms of the low risk that the investor takes in this way, and in particular, it is the best option for investors who are not filled with a passion for quick profit, such as daily speculators and others who aspire to achieve quick profits in a short period of time. logical. It is wise when making a long-term investment decision in stocks that you set basics and rules based on clear and logical foundations and strategies to make your decisions right in choosing stocks that guarantee you less risk when investing in them in the long term, and this is what AvaTrade’s answer to trading and investing provides in the body of this mobile. This means that you will choose it based on a certain set of criteria in which you see the hope of achieving a satisfactory return and additional income that is worth your investment and patience in the long term. It is easy to be able to analyze huge amounts of information to arrive at an investment decision about the best stocks… especially for beginners in investing. However, there are steps that you can take as one of the long-term stock investors, to ease this hurdle and the burden on you from the many thoughts that are scattering your decision to choose the best of these stocks for long investment. You may see many tips and instructions about the best stocks for long-term investment everywhere and on websites and social networks, most of which revolve around analyzing the company, its financial statements, its past and other such matters…. These are tips to reach a manageable number of stocks in the long term that deserve further study and research. We now discuss below 3 of the best practices for picking winning stocks, in the medium and long term, which we have collected for you from the tips and strategies of experienced traders and what we have realized from the common mistakes of novice investors . 1- Selecting stocks based on their sector:Some investors begin their search for the best stocks for long-term investment based on the principle of growth as a sector or subject that has convincing and logical motives that it is inevitably destined for growth, whether in the near or far future, “which may be considered in the target period for investment as a non-candidate and valid stock.” 2- Set your goal intelligently:Others are looking for industries that are strong but still have room for growth, based on their roots and positive long-term fundamentals. 3- Analysis of investments and expectations of their outcome:Simply put, a company's market capitalization is calculated by multiplying the number of shares issued by the current share price, which is a common measure of a company's size. But… what we have not found its explanation to this day; Most of the investors who fall into the trap of defrauding trading companies are aware and certain of the safety of investing with trusted international and local stock companies, for which there are those who hold them accountable when any of the investor’s rights are violated. A fake and a fraud, and she deposits her money with her and more than that is the borrowing based on the hope of near compensation and obtaining double profits in a short time... But unfortunately we all know the conclusion that befalls these investors. Make logic part of your plan...how?
Simply, when you control logic in your investment decisions, you will find that most of the offers you face are against the common sense of life and the principle of patience to get profits and that it is not logical to accumulate the wealth of your dreams in a short period of time. Invest with companies with a long history, even if you found that the percentage of profits is not something you dreamed of, but at least it could become one day! At least it's a safer investment and far from the risk of going back to scratch like investing with global business leaders like the leading tech company Apple. Amazon, AMZN and ExxonMobil “XOM”, however, huge numbers are turning to unknown companies that do not have any documented past or real licenses from one or more of the approved and official financial supervisory bodies such as the British FCA and the Saudi Capital Market Authority CMA and other bodies that are keen to Transparency of dealing in the financial markets and the credibility of transactions conducted by trading and brokerage firms with investors in various fields of interests and activities.
Below here is the daily WOTS report "Word on the Street" for October 26, 21:
he exchange rate of the dollar against the Iraqi dinar in Iraq today, Tuesday, October 26, 2021 Baghdad - Kifah Stock Exchange 147,800 The price of 100 dollars today in most Baghdad exchanges, buying 147,250, selling 148,250 Baghdad - Al-Harithiya Stock Exchange 147,800 Basra - Bursa 147,800 Erbil - Bursa 147,750 Sulaymaniyah - Bursa 147,750 Dohuk - Bursa 147,750 Mosul - Bursa 147,800
The Markets: The Asian markets closed mixed NIK up by 1.77% HSI down by .36% SHANG down by .34% The UK markets are currently trading in the green from .51% to .99% Our futures are currently trading mixed DOW at 35724 up by .29% SNP at 4577 up by .42% NDX at 15597.25 up by .66%
Precious Metals: Gold is red at 1803 Silver is red at 24.40 Copper is red at 450 Platinum is red at 1051 Brent 85 WTI 83 Bitcoin: 62,857 10 yr yield: 1.63
Favorite Currencies Forex Quotes| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|
| USD/IQD |  1435.7000 |  1487.3000 | 1457.1000 | 1457.0000 | 1457.1000 | -0.3000 | 10:50 | | USD/VND | 22757.0000 | 22760.0000 | 22735.2200 | 22733.4600 | 22733.4600 | 3.5800 | 00:26 | | USD/CNY | 6.3795 | 6.3815 | 6.3850 | 6.3801 | 6.3848 | -0.0045 | 05:13 | | USD/KWD | 0.3011 | 0.3021 | 0.3012 | 0.3012 | 0.3012 | 0.0000 | 04:24 | | GBP/USD |  1.3810 | 1.3811 | 1.3810 | 1.3756 | 1.3764 | 0.0046 | 05:13 | | USD/IRR | 42000.0000 | 42500.0000 | 42238.3000 | 42205.5000 | 42238.3000 | -16.6000 | 00:00 | | USD/IDR | 14121.0000 | 14133.0000 | 14175.0000 | 14121.0000 | 14161.0000 | -40.0000 | 05:12 |
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Things in the News: Iraqi Articles: Goldman Sachs expects Brent price to exceed $90 by the end of the yearlink Goldman Sachs said that a strong recovery in global demand for oil could push Brent crude prices, the global benchmark, to exceed its year-end forecast of $90 a barrel . The American investment bank said that it "expects oil demand to soon reach pre-Covid-19 levels, at about 100 million barrels per day, with consumption recovering in Asia after a delta mutating wave." The bank also expected that "the switch from gas to oil may add at least one million barrels per day to the demand for crude." Goldman Sachs does not expect any slowdown in oil prices in the near term, noting that "demand will rise again in the near term, stronger than expected." This comes with the reopening of more countries and the easing of restrictions, amid the success of vaccination campaigns against Corona Barzani meets the US ambassador to Iraq link Kurdistan Region President Nechirvan Barzani met with Matthew Tueller, the US ambassador to Iraq, and an accompanying delegation. The meeting discussed the Iraqi parliament elections and their results, the situation in Iraq in general and expectations for the future of the political process, according to a statement by the presidency of the region. The views of both sides agreed that the voting process took place in a technically organized manner and without problems, and it is important after the approval of the results that an inclusive government be formed in Iraq that meets the hopes and aspirations of the citizens. In this regard, reference was made to the statement of the UN Security Council, which supported the voting process and considered it an important step. The attendees also highly valued the role of the Independent High Electoral Commission in Iraq in conducting the voting process, and the role of the United Nations, the European Union, the Arab League and all the parties that supported this process. President Nechirvan Barzani shed light on the election law that was applied for the first time in Iraq, stressing that the Kurdistan Region Presidency is working to meet with all political parties in the Kurdistan Region to achieve the unity of the Kurdish parties. Iraq and Kurdistan’s relations with America, Erbil-Baghdad relations, Iraq’s efforts to normalize its relations with neighboring countries and countries in the region, the importance of striving to solve outstanding problems between the Kurdistan Region and the Iraqi federal government and the implementation of the constitution, Sinjar Agreement, Kurdistan Region’s relations with neighboring countries, the threat and threats of ISIS, The situation in Syria and developments in Afghanistan formed other axes for the meeting.
The United States congratulates Iraq on the success of the parliamentary electionslink The United States congratulated the Iraqi people and their government on the success of the parliamentary elections that were held on the tenth of October.
The US State Department said in a statement that Washington "welcomes the press statement of the UN Security Council regarding the October 10 elections in Iraq."
The statement added that the US State Department congratulates "the people and government of Iraq on the process of safe, technically successful, and largely peaceful elections.
" That “the elections provided an opportunity for the Iraqi voters to decide their future through a government that reflects their will.”
The US State Department announced, according to the statement, "
The United States expressed its aspiration to work with the new government once it is formed to strengthen the strategic partnership; In a manner that serves the common multilateral interests of the two countries, including supporting the stability and sovereignty of Iraq, enabling its economy, efforts to combat corruption, energy and climate independence, and protecting human rights.
The appearance of Muhammad Salih: The surplus oil price revenues will go towards achieving economic and social well-beinglink
Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that: the surplus oil price revenues will tend to achieve economic and social prosperity.
He told the National Iraqi News Agency ( NINA ) that: The general budget in 2022 will achieve a surplus, especially if the average annual oil barrel increases to be at least 75 dollars.
Saleh added: This surplus will be directed in two directions, the first: building a precautionary financial account called the “budget stability account,” which is the government’s foreign reserve to counter the fluctuations of public budget revenues in the coming years, and it is called the “budget stability fund to achieve financial sustainability.”
He continued: As for the other side, the financial surplus will be spent on investment projects, especially faltering income-generating projects that maximize the added value, which absorb the momentum of unemployment and help raise growth in the gross domestic product by no less than 5% or double the annual growth of the country's population in a manner that achieves the minimum limits of economic and social welfare.
CBI Update: Just a note: They have been having auctions and the ISX has been trading regularly; the sites just don't update in time to put the information in this report, unless it is
here.
Click on the link above for the latest update.
The CBI for rate is 1460
The currency auction For October 26th, 2021 total sales amount $ 177,104,384.
10-25-2021 Intel Guru MarkZ [via PDK] On my currency groups in tier 3 that were slated to go today have been put off until tomorrow.
10-25-2021 Newshound Guru Petra IMO..Iraq has been ready for 3 months…CBI Governor announced they were completely digital 3 months ago, but, needed to see the testing of the “mechanism” and they did…3 times ...Iraq has already lit the fuse with the cessation and removal of the 3 zero notes…A vacuum has been created and “must” be filled soon or there will be confusion in the minds of the citizens …
10-25-2021 Newshound Guru Militiaman They [Iraq] talked Dinar digital currency today!! Why? Because it is reality ….. Imo they are further along than most actually get. Imo ...The amount of data to suggest that...can be seen yesterday about the local digital crypto currency that took the street by surprise and was successful and we never heard of it.. …. They are more savvy than given credit.. imo
10-25-2021 Inel/Newshound Guru Frank Article "Generalization of the credit card reader on cash transactions" CBI CONTINUES TO EDUCATE Article quote "According to the Central Bank, one of the most important achievements in the payment systems in the Payments Department is the start of work to assess the readiness of the Iraqi payment system, in line with the international standards {PFMIs} of the World Bank"
10-25-2021 Intel Guru MarkZ [via PDK] [What are you hearing on rates?] It does nobody any good to speculate on the rates. Nobody will know for sure until we get there…. I am still hearing that tha rate is $4.71 in Iraq . I am still hearing that if you are in the group 4b you will make a couple dollars over that in a contract rate. I am still hearing the low $2 range for the Vietnamese dong.
10-25-2021 Newshound Guru Militiaman Article "The 5 and (to) 10 thousand dinars denominations disappeared from the ATMs" The information on the digital transformation that is upon is everywhere. The amount of top level work completed now is mainstream and straight from the highest in Finance in the world. They are openly talking about Retail Digital Currencies, digital cross border payments, etc.. Article quote "It also covers digital trade systems and fair and inclusive global governance." Notice they use the words INCLUSIVE GLOBAL GOVERNANCE!!! That is because the digital transformation is approved and on stage for all to see.. IMO there is nothing to stop it now.. Lets see what they show us next..
10-25-2021 Newshound Guru Breitling Article "Al-Kazami advisors propose a solution to reduce the value of the dollar..." People have sent me that headline asking do they really mean the dinar? No they mean the dollar. They are reducing the value of the dollar that means they're adding value to their own currency. In this last election they just had... you had Sadr, you had Maliki and all these guys talking about how they are going to add value to the currency. What would that do to the value of a dollar inside of Iraq?
10-25-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of chatter about today right now… Today is a day to watch guys!!! ...I have another source who is handling large groups tell me that we will not see it until tomorrow morning because reconciliation in banks is today...out of Iraq they still believe it is any moment. They have starting exchanging some of the lower denominations in the street. They have already issued the 10 dinar notes . I think we will see action there before the week is over based on Iraqi chatter... I am hoping to hear something big today. I am hoping to wear that golden egg shirt today.
10-25-2021 Newshound Guru Kaperoni If anybody understands how Iraq forms a government, must realize it is not an elected prime minister it is political groups joining together to form the largest block which they then choose the next prime minister. Al-Maliki has been working diligently to form the largest block. This needs time to play out but to see Al-Maliki hosting meetings to form the largest bloc to choose the next prime minister (which he hopes is himself) is not what we want.
10-25-2021 Newshound/Intel Guru Mnt Goat Article: "OIL EXPERT: IRAQ WILL ENTER ONE BILLION DOLLARS ANNUALLY IF THE PRICE OF OIL INCREASES BY ONE DOLLAR" Boy, oh boy, I have to admit they are very good at hiding their numbers. Well so at $1 billion additional monetary reserves for every $1 increase in a barrel of oil then with and increase of $20 a barrel (additional $20 billion in monetary reserves ..right?) they are telling us they can reach over $100 billion in monetary reserves by the end of the year. I said by the end of the year… Could this be their goal all a long?
Catnip's Corner:
************* ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side) Prime Minister Mustafa Al-Kazemi receives Lebanese Prime Minister Najib Mikati
Today, Monday, Prime Minister Mustafa Al-Kadhimi received Lebanese Prime Minister Najib Mikati and his accompanying delegation, who arrived in Baghdad this afternoon on an official visit.
The meeting discussed ways to enhance cooperation between Iraq and Lebanon, and coordinate bilateral positions with regard to regional and international issues and issues of common interest.
Mr. Al-Kazemi welcomed the guest delegation, stressing the importance of deepening Iraqi-Lebanese relations to serve the two brotherly peoples. His Excellency indicated that Iraq is looking forward to strengthening economic cooperation and trade exchange, as well as strengthening coordination in the security field, combating terrorism, and drying up its sources.
For his part, the Lebanese Prime Minister, Najib Mikati, praised the Iraqi positions in support of the Lebanese people, as well as the steps that Iraq has taken regionally in promoting the policy of calm and giving priority to the language of dialogue and constructive communication.
Media Office of the Prime Minister 25 - October - 2021
*************** ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa Al-Kazemi holds phone talks with his Spanish counterpart
Today, Monday, Prime Minister Mustafa Al-Kazemi received a phone call from his Spanish counterpart, Pedro Sanchez, during which they discussed bilateral relations between the two countries, and ways to enhance joint cooperation.
During the call, the two sides discussed means of enhancing cooperation between Iraq and Spain in the sectors of security, economy, industry, culture and investment, as well as combating terrorism and the roots of extremism.
Mr. Al-Kazemi expressed to Mr. Sanchez the appreciation of the Iraqi government and people for the facilities provided by Spain during the Corona pandemic crisis.
For his part, Mr. Sanchez praised the economic and administrative reforms that Al-Kazemi's government accomplished in record time, and what was embodied in the white paper presented by the government as a platform in this field.
Media Office of the Prime Minister 25 - October - 2021
************* ARTICLE 2 (from Government of Iraq twitter account)
10-25-2021 around 9 am Eastern As part of Baghdad Renaissance project, Al-Sina’a Street in Al-Karrada has been rehabilitated to suit the cultural and technological development, to achieve the required technical specifications befitting the University of Technology’s scientific edifice located there. 10-25-2021 around 12 noon Eastern PM @MAKadhimi meets Lebanese PM @Najib_Mikati and his accompanying delegation. They discussed ways to enhance cooperation between two countries, and to coordinate bilateral positions regarding the regional and international issues of common interest.
After the "Najaf" message, four names are on the al-Sadr table for the government settlement 2021-10-25 09:17
Shafaq News/ An informed political source revealed, on Monday, that the bloc rejecting the election results deliberated the names of three "settlement" candidates to present them to the rest of the blocs, including the Sadrist bloc.
The source, who attended the meeting of the blocs rejecting the election results last night, Sunday at the home of the leader of the State of Law coalition, Nuri al-Maliki, told Shafaq News Agency, "According to the current data, it is difficult for the Sadrist bloc to single out a candidate for prime minister without the support of the political parties participating in the next government." .
He added, "Therefore, it will be searched for a compromise candidate, and this was discussed in the meeting of the parties rejecting the election results last night."
And he indicated that "the meeting deliberated some of the settlement candidates, including Qassem al-Araji, Muhammad Shiaa al-Sudani, Abdul-Hussein Abtan, and Tariq Najm, provided that the names were also presented to Muqtada al-Sadr to express his position."
The source concluded by saying, "After a letter of reference from Najaf that cut the way for all the heads of previous governments to return to the prime ministership, it has become necessary to choose a settlement candidate, and the matter does not intersect with the Sadrists' orientations in naming a candidate for them whose loyalty is to Iraq only."
The atmosphere of forming the next government is still shrouded in uncertainty, and its compass is faltering between the Sadrist bloc, which won the largest number of parliamentary seats, and the coordination framework that includes Shiite blocs rejecting the election results. Matters became more complicated after talking about a crack in the coordination framework due to the division of its parties between a supporter of restoring confidence. The former Prime Minister Nuri al-Maliki to form the next government, and others reject that.
A message from Najaf confused the Shiite blocs aspiring to the premiership, as the Najaf message included a decisive directive that put the blocs in embarrassment.
Najaf's message included that "no party can form the next government alone, and it is not possible for those who were in power to return again under any circumstances, meaning that the road has been cut off for promoters or those seeking to restore confidence in the heads of previous governments," according to a source who told Shafak Agency. News.
The source added; "The actors or parties controlling the political scene in Iraq are still holding the threads of the future scene's movements, and any talk outside that context is not applicable on the ground, referring to the difficulty of the Sadrists forming the government without the approval of (America and Iran)."
Earlier today, the Sadrist movement, led by Muqtada al-Sadr, stressed that the latter does not seek to monopolize the political decision or power, as it adopts the principle of working according to the rule (partners of the nation).
Al-Sadr's representative in Dhi Qar Governorate, Ibrahim Al-Jabri, told Shafaq News Agency, "Al-Sadr seeks to form an alliance to serve the country based on the principle or base (partners of the nation), and this denies what some are trying to promote, and also dispels the fears of some parties to the political process that fear the Sadr's control of power.
Several political parties announced their fear of forming a Sadrist government for fear of al-Sadr's direct intervention in its administration.
For his part, a source from Al-Hanana - Al-Sadr's headquarters in Najaf - told Shafaq News Agency, "The political parties that reject the sanction of the Sadrists, the government, are afraid to reconsider the previous and current corruption files and to refer those involved in those files to the judiciary and prosecute them."
The source pointed out that this matter in itself "constitutes an obsession of concern to them, and from here comes the attempts to cancel the election results and manually recount and sort all electoral stations."
************* ARTICLE 4
The Commission: We will issue a final statement of the appeals accepted and rejected 08:43 - 10/25/2021 Baghdad - Mawazine News
The Independent High Electoral Commission announced, on Monday, that it will issue a final statement at a later time showing the total number of accepted and rejected appeals.
Commission spokeswoman Jumana al-Ghalay said, in a television interview followed by Mawazine News, that "the process of counting the votes of the stations acceptable to challenge their results will take place in the hall of honor with the monument to the unknown soldier in the presence of political party agents and candidates."
She added, "The Commission will issue a final statement that includes the position and the full number of accepted appeals, which will open its stations to count and sort them manually, rejected appeals and the measures taken in their regard, and we will first start with Nineveh stations as of next Wednesday."
And she stressed that "it cannot be expected that there will be changes in the results unless the votes are counted and counted in the stations whose appeals are accepted, and the results may be identical to what the commission announced and may change."
She pointed out that "the ratification of the names of the winners will not take place until the end of the process of considering the accepted appeals and counting and counting their votes." Ended 29/R77 More about this source textSource text required for additional translation information
************* ARTICLE 5
Ancient wine factory discovered in IraqBaghdad, 25 oct (Prensa Latina) Archaeologists in Iraq discovered remnants of a 2,700-year-old wine factory and along with them, they found rock reliefs to honor Assyrian kings, it was reported in Baghdad on Monday. The stone bas-reliefs show kings praying to the gods carved into the walls of a nearly nine-kilometer-long irrigation canal at Faida, in northern Syria.
The discovery was made by a joint team of archaeologists from the Department of Antiquities in Dohuk and colleagues from Italy.
The carvings are 12 panels measuring five meters wide by two meters high, and show gods, kings and sacred animals dating from the reigns of Sargon II (721-705 BC) and his son Sennacherib.
Iraq was the birthplace of some of the world's earliest cities, home to Sumerians, Assyrians and Babylonians, and one of mankind's first examples of writing.
It is also now a location for smugglers of ancient artifacts.
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