Thursday, December 9, 2021

WOTS WED 12 8 21 Iraq will leave “Chapter VII” in early 2022

 WOTS WED 12 8 21

Iraq will leave “Chapter VII” in early 2022




These are the articles I discussed on the My FX Buddies Podcast:



Dec 7th, 2021,

Iranian President: Some are trying to raise currency rates to coincide with negotiations

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Iranian President Ibrahim Raisi revealed today, Tuesday, that there are people trying to raise currency rates in conjunction with the ongoing negotiations in Vienna on reviving the nuclear deal.

In a speech he delivered at the Sharif University of Technology in Tehran during his visit to it on the occasion of Student's Day, he said that the national intelligence services are following up on this file, adding that some of these people are residing inside, and some are outside Iran.

Raisi added that these "want to link the negotiations to the internal economy", but "we do not mortgage the economy and people's livelihood to negotiations."

According to the Iranian president, the country's foreign exchange sources "are in good condition and unlike the first days of our government, we are not worried about the situation." He added that 


Germany signs a contract worth 18.29 billion euros with Iraq.. Learn about its goals - Urgent

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Today, Wednesday, the German government signed a contract worth 18.29 billion .euros with Iraq 

The United Nations said in a statement received (Baghdad today), that "the German government and the United Nations Development Program signed today an agreement amounting to 18.29 million euros (21.78 million US dollars) to enhance ".job opportunities and increase economic growth for vulnerable communities in Iraq


Final election results are awaiting ratification and identification of aspects of challenge

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A member of the Parliamentary Legal Committee in the former parliament, Salim Hamza, has determined, on Tuesday, the right of the Independent High Electoral Commission to appeal the Federal Court's decision in this case.
In an interview with Mawazine News, Hamzah said, "The Federal Court has set 15 days to resolve disputes and appeals regarding the election results, and they will be resolved in the middle of this month," stressing that "after the Federal Court's approval of the results, no one has the right to challenge the election results, and the appeal is to the High Commission."

The Independent Elections Commission only if it finds that there are unfair decisions against it."

He pointed out that "from a legal point of view, the Federal Court does not have the right to re-count and hand count unless it detects major violations or violations of the constitution. It has the right to reject the election results and not to ratify them."


December 8th, 2021


Al-Kazemi: Iraqi blood is precious to us, and there is no difference in it, regardless of its affiliation

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The Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, confirmed, on Wednesday, during his visit to the Basra Operations Command and his meeting with security leaders, that Iraqi blood is precious to us and there is no difference in it, regardless of its national or religious affiliation.

According to his media office, Al-Kazemi said, "This morning we were in Makhmour, and we sent a clear message to the terrorist groups that they are unable to play with Iraq's security."

He added, "Just as we brought down the leaders of terrorism one by one, and struck its cells in the most remote deserts and mountains, we will be on the lookout for them at any point in our beloved Iraq."

He pointed out, "From here, I tell you that Iraqi blood is one, and terrorism is one, even if it has many names and masks," pointing out that Iraqi blood is precious to us, and there is no difference in it regardless of its national or religious affiliation.

He continued, "We will stand with full force in front of those who threaten the security of Iraq and dare to intimidate Iraqis, and cover up under any cover."

He stressed, "There is ISIS that seeks to terrorize the citizen, and here it seeks to terrorize the state, and both are one enemy."

She went on to say that terrorism wants to dissuade the state from its duties, and preoccupies it with chaotic events; In order to harvest cheap interests.

Al-Kazemi said that the crime of murdering our officers in the security services was treachery and betrayal, and the crime of killing our best youth in cold blood is one series of crimes known to all, and that we will not be dragged into confrontation, but we will drag them to justice by law, and just retribution awaits them.

He continued, "Just as we arrested the killers of Hisham, Ahmed, and Safaa, we will bring the criminals one by one, and they will stand before the just judiciary, and before the people to expose their crimes."

He stressed, "It is very important for anyone who thinks that he is above the state and the law, and the logic of force will definitely backfire on its owners."

He stressed, "I say to the criminals of terrorism and chaos:

Al-Kazemi concluded his speech, "We are continuing and continuing to arrest ISIS terrorists as well as death squad terrorists, in retaliation for the blood of our martyrs.

 

Because of the New Year holidays, the state postpones the military battle with the Americans

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The Secretary-General of the Babylon Movement, Rayan Al-Kildani, announced today, Wednesday, that the Secretary-General of the Sayyid Al-Shuhada Brigades, Abu Ala Al-Wala’i, has agreed to postpone the military operations against the Americans.

Al-Kildani said in a statement that (Al-Oula News) received a copy of it, that in the midst of the jihadist call launched by the dear brother Abu Ala’ al-Wala’i, the leader of the Sayyid al-Shuhada Brigades, in which the horn sounded for the Iraqi youth to volunteer and more than fifty thousand of the sons of Iraq joined, and after he announced the twelfth of the December 31 is a date for decisive operations. Our people fear that the festive season will turn into a new cycle of tension.

He added, "As our major political and existential battles were deeper than a certain time, and harder than their timings, the commander of the battalions, the resistance brother Abu Ala', agreed to postpone military operations and escalation until further notice, asking God that this be a message of peace to the inside and outside of the Iraqis, as They cross into the new year, with determination, will, and anticipation for the future, after a year of epics and internal and external confrontations. All the resistance, which was found to protect its people, works to instil security and safety in the homes of our people, and to stay in our country and defeat every oppressor, tyrant and occupier.

Al-Kildani concluded his statement, that survival in itself is resistance, and from here, I call on my brothers from all spectrums of the Iraqi people, to chant your throats with chants, and to permeate your peaceful homes with the intercession of Saint Mary and her son who is coming to send warmth to all humanity.



Iraq will leave “Chapter VII” in early 2022

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Thursday - Jumada I 5 1443 AH - December 09, 2021 AD Issue No. [15717]
 
 
 
Baghdad: Fadel Al-Nashmi

The Chairman of the Committee of Financial Experts, Dr. Abdul Basit Turki, expected that Iraq will get rid, early next year, of the risk of falling under Chapter VII of the Charter of the United Nations after fulfilling its financial obligations related to compensating the State of Kuwait for the losses it incurred as a result of Iraq’s invasion of it in August 1990. .

according to Turki, who oversees the committee on Iraqi funds derived from the production and export of petroleum and petroleum products shall be deposited in a sub - account with the reserve Bank Fed in New York, the «Iraqi Central Bank will repay the full remaining amount of compensation directly, after turning off the automatic deduction». In an interview with Asharq Al-Awsat, Turki called for "the Ministry of Foreign Affairs and the concerned authorities to urge the formulation of a draft resolution that includes removing Iraq from the provisions of Chapter VII of the United Nations Charter completely."

The Iraqi government intends to pay the last batch of compensation for the Kuwait war, before the end of this year, after depositing, the day before yesterday (Tuesday), more than 207 million US dollars, with the Federal Reserve; As a prelude to removing Iraq from Chapter VII. Turki explained that the Federal Reserve, two days ago, specifically hours after paying the penultimate payment, stopped the “automatic deduction” from the account of the Iraqi Ministry of Finance with it, in the interest of the Kuwait War Compensation Fund, following a request made by the Central Bank of Iraq.

He noted the need for the forthcoming decision to provide for "protecting Iraq from any claims related to the Kuwait war compensation, whether it is individual claims or filing lawsuits related to compensation," calling for "the annulment of all decisions that resulted from the Kuwait war."

The UN Compensation Committee was formed in 1991, obligated Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others who incurred losses resulting directly from the invasion of Kuwait.

Iraq stopped making payments in 2014 during the war against ISIS, which controlled large parts of the country, but it resumed payments in 2018.

Former Iraqi Foreign Minister Hoshyar Zebari announced in June of 2013 that the “Council of Security decided to remove Iraq from under Chapter VII, and Resolution No. 2108 became a “historic day.” But Turki described Zebari's statement as "inaccurate and misleading." Because "the council's resolution stipulated stopping the use of force against Iraq only."

Contrary to reality, and Turki's words, Zebari said that after the resolution was issued, Iraq became "liberated from the regime of sanctions and isolation."

Turki said, “The restrictions are still in force; Because Iraq has not completely escaped the provisions of Chapter VII, despite Zebari's assertion at the time that "Iraq has returned to occupy its natural financial and banking position."
In a related context, according to the financial advisor to the Iraqi Prime Minister Mazhar Muhammad Salih, "Iraq will end Kuwait's compensation file in early 2022."

Saleh said in a press statement earlier, that “Iraq has finally paid 490 million dollars of the compensation amounts approved by the United Nations Compensation Committee, and will work to pay the remaining amount of the total compensation, estimated at 629 million dollars, at the beginning of 2022, to close the compensation file. Permanently".

Yesterday, the Central Bank of Iraq received a notification from the General Secretariat of the United Nations in Geneva, indicating that the remaining amount of compensation is 43 million US dollars.

It is noteworthy that the Committee of Financial Experts headed by Dr. Abdul Basit Turki, a former head of the Financial Supervision Bureau and the Central Bank, was established based on a decision of the Council of Ministers, and began its work in early April 2007; To be an alternative supervisory body for the International Advisory and Monitoring Board, which is currently supervising the expenditure of Iraqi public funds derived from the production and export of oil and petroleum products, which are deposited in an opening account at the Federal Reserve Bank in New York, based on Security Council resolutions issued after the overthrow of the President’s regime The late Saddam Hussein, on behalf of the "Development Fund for Iraq". This account has been granted international immunity so that it is not subject to seizure or confiscation as a result of decisions of international courts, which may be issued by lawsuits and claims against the former regime.

The “Development Fund for Iraq” and another account was established by Security Council Resolution 1483 in May 2003 to manage the revenues of crude oil and oil products exported from Iraq, the remaining balance of the “oil for food” program and receipts from frozen assets from the former regime.

It is expected that the Central Bank of Iraq will pay the last installment, before the end of this year. Thus, Iraq has paid $52.38 billion in compensation for the repercussions of its invasion of Kuwait.


Partial WOTS report for December 8th 2021


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 December 8th, 2021 total sales amount $163,501,100

including   $24,030,000. CASH 


ISX Update:   

www.isx-iq.net/

Shares Traded: not updated for today
Value Traded: not updated for today 

12-8-2021   Newshound/Intel Guru Mnt Goat  ...we have seen an enormous amount of recent coordination with the other Central banks first throughout the Middle East...and now throughout the other leading developed nations of the world...This is all VERY amazing...and I fully believe we can expect to see the IQD move to the global trading platforms VERY soon...we can clearly see the path to the early January 2022 timeframe is in the spotlight. WOW! There is just so much pointing to this period... you can see the speeded-up effort to put in place the final steps to the process to go international... I am...talking about finally bringing back the dinar to it’s “glory days” and reinstating it...
12-7-2021  Intel Guru MarkZ   [via PDK]   We are getting more chatter from Redemption Center folks. They were told to fully expect to work this weekend...We are still hearing fantastic chatter from Reno. They have big expectations but they are not being given a time. They are being told that we are close and they need to stay in place...Most of them are very happy. To me that means something is going on to keep them very content.
 [So, is this our week?] There is a great chance based on the banking side…of course my DC Beltway contacts are saying it will be somewhere between Dec 12th-and the 15th. My bank folks though are convinced we will all be going before that.

12-7-2021   Intel Guru Frank26  FIREFLY CONT:   They say the dinar is back to global trading market platforms. They're saying Iraq will again be a leader in the region and they said that the dinar will be a supportive feature not only in the country of Iraq but on a global market.   FRANK:   ...This is fantastic.  Every day notice that they're telling you more and more.  Now they tell you that the new exchange rate is basically in the white papers.  They already told you that it's in the budget of 2022.  Remember they called it the 'guarded surprise' for you Iraqi citizens in order to complete your reforms.  I'm extremely excited for you and for me...that's why they're teaching you about the new small category notes that you are about to receive!   [Post 2 of 2]

12-7-2021   Intel Guru Frank26   [Iraq FIREFLY boots-on-the-ground TV update]  FIREFLY:  All last night they kept talking to us about the digital platform again...telling us that it is complete, saying that in early 2022 the budget will be supporting a rate that will enable it to bring the white paper reforms.  FRANK:  When you say 'When is it going to happen?' It's happening...the first video made it very clear 'we're international.'  The second video is about, 'should we raise the value of our currency.'  FIREFLY:  They just told us they have 3 shows and the next 3 shows will be Friday, Saturday and Sunday to finish the whole pros and cons series.  [Post 1 of 2....stay tuned]

12-7-2021   Newshound Guru Pimpy   Iraq's doing everything they can to regain their sovereignty to get removed off the blacklist.  We got more oil in the fields that need to be drilled and discovered.  We need to develop the private sector so people have jobs but in addition to that less reliance on oil for the budget.  The elections are over.  Corruption is being dealt with. And we know that Sadr met with Al-Kazemi.  Let's hope something comes out of that and we see this continuation of great work...

12-7-2021   Intel Guru Holly  The sources I talk to say this is ready to go. All are being prepared. An event is expected to trigger this.

12-7-2021   Intel Guru MarkZ   [via PDK]  Good news all around...Banking Centers are Absolutely Staffed and ready to go!!! They are in place and prepared!   I know of 3 centers personally that are fully staffed and ready to go as of 9:30 this morning.  These are exciting times.  They have really cranked up preparations in anticipation. I do not know if it is going today but it seems like we are right on the precipice.  I am hearing positive news all over. We know this is a “when”  not an “if” and even though we do not know the exact timing…We are close IMO.

12-7-2021   Intel Guru Frank26  [The CBI and Governor of the CBI] met with the London bank office - basically the Central Bank of England and they had some very official meetings.  And the article was telling us that they were dealing with all of the advances that the CBI has done lately - their digital currency.  Impressive...we've counted about 30 something banks around the world that have communicated with the Governor of the Central Bank...why in the world would England allow Iraq banks to be build all over their country? Why does Iraq have banks from England inside of Iraq?  What the heck's going on?

12-7-2021   Newshound Guru Sandy Ingram  One thing is for sure, the moment you earn a profit on the Iraqi dinar...you will need to report your profits to the tax agency in your country.  There are 2 important tasks that you must accomplish when experiencing high 5-figure or 6-figure profits.  1.  You must create a way to generate income to support yourself and your family.  2.  You must figure out a way to lower your tax liability.  These are 2 concerns of every wealth building individual.  [NOTE:  Always consult your tax and financial advisors at the appropriate time to build a winning strategy specific to your unique circumstances.]

12-7-2021   Newshound Guru MilitiaMan   Articles:  "His Excellency the Governor of the Central Bank of Iraq meets His Excellency the British Ambassador in Baghdad";  "THE CENTRAL BANK ANNOUNCES THE IMPLEMENTATION OF AUTOMATION FOR THREE GOVERNMENT INSTITUTIONS"  These two articles...touched on the white papers, economic reforms and the priorities of implementation. The CBI and Government are now on the same level playing field and can track the money via new FinTech and Blockchain. They have launched the Digital System back 10/31/2021. It is utterly transparent, and it is an apparent necessary thing to have prior to fully being Article 8, imo...  There is no going back now. They have full intention of changing their exchange rate to meet all international standards. Automation of the borders will usher in the WTO once the REER  (Real Effective Exchange Rate) is exposed. imo...We are in an awesome place.


Catnip's Corner:
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ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)

The Council of Ministers holds its forty-seventh regular session headed by Prime Minister Mustafa Al-Kazemi

Today, Tuesday, Prime Minister Mustafa Al-Kazemi presided over the forty-seventh regular session of the Council of Ministers, during which the general situation in the country was discussed, and the topics on the agenda were discussed.

At the beginning of the session, the Council of Ministers expressed its condemnation of the cowardly terrorist incident that took place in Basra province today, and vowed to pursue the perpetrators and punish them, asking God Almighty for mercy and forgiveness for the martyrs, and a speedy recovery for the wounded.

The Prime Minister directed the Commander-in-Chief of the Armed Forces to conduct quick investigations to uncover the executor and planner of the cowardly terrorist bombing that targeted our safe sons in Basra, and his sovereignty stressed the security services to double the intelligence effort in all governorates.

The Cabinet session witnessed a discussion of a number of files in various fields related to providing services to citizens.

The epidemiological report, the measures taken to confront the Corona pandemic, and the developments in the work of the Committee to Strengthen Government Actions in the areas of prevention and health awareness control were also reviewed. To limit the spread of the virus, government efforts to confront the pandemic, provide the necessary medical supplies, and secure vaccines through vaccination outlets spread throughout the governorates.

After discussing the topics on the agenda, the Council of Ministers issued the following decisions:

First / authorizing ministries and agencies not affiliated with a ministry to continue contracting to implement their annual plan until December 31, 2021, instead of December 15, 2021.

Second / Approval of authorizing the Minister of Finance to borrow from the Trade Bank of Iraq, the details of which are set out in the Trade Bank of Iraq letter No. (288) dated November 24, 2021, at an amount of $76,000,000, only seventy-six million dollars, to finance the Great Samawa Water Project, Based on the provisions of Article (2/Second/Deficit/2/p), of the Federal General Budget Law for the fiscal year 2021.

Third / The Ministry of Finance / Accounting Department allocates an amount of 1 billion dinars, only one billion dinars, to the Ministry of Health from the emergency reserve for the year 2021, based on the provisions of Article (5) of the Federal General Budget Law of the Republic of Iraq for the fiscal year / 2021, to complete the requirements of the Najaf Teaching Hospital.

Fourth / Approval of the recommendation of the Ministerial Council for Energy (155 of 2021) regarding urgent measures to address water scarcity / installation of Lake Tharthar pumps as follows:
- Approval of the implementation of Cabinet Resolution (343 of 2018) from the Emergency Reserve/2021, regarding the allocation of the Ministry of Finance 300,000,000 dinars, only three billion dinars to the Ministry of Water Resources, based on the provisions of Article (5) of the Federal General Budget Law for the fiscal year 2021.

Fifth: The Ministry of Foreign Affairs continues to take appropriate measures to encourage Iraqi citizens within the borders of Poland, Latvia and Lithuania, who were forced by circumstances to migrate outside Iraq, to ​​return home, and to provide them with all facilities and assistance.

Media Office of the Prime Minister
7- December-2021

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ARTICLE 2 (from Government of Iraq twitter account)

At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.

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ARTICLE 3

Asa’ib comments on an upcoming meeting that brings together the frame and the chest: It may take place at any time
2021-12-07 12:16

Shafaq News/ The political office of Asa'ib Ahl al-Haq movement confirmed on Tuesday that there is no specific date for the upcoming meeting between the leaders of the coordination framework and the leader of the Sadrist movement, Muqtada al-Sadr, at the latter's residence in Najaf.

A member of the movement's political bureau, Saad al-Saadi, told Shafaq News, "There is no specific date for the leaders of the coordination framework to visit the leader of the Sadrist movement, Muqtada al-Sadr, and the visit may be within the next few days."

He added that "all the leaders of the coordination framework will participate in the meeting of Al-Hanana, and none of the parties to the framework has a problem or a rupture with Al-Sadr," noting that "the Baghdad meeting was friendly among the attendees and proved that."

The meeting was expected to take place today, Tuesday, according to Falah Al-Khafaji, a leader in the victory coalition.

Al-Khafaji told Shafaq News Agency, yesterday, Monday, "The meeting of Al-Hanana between the leaders of the coordination framework and Al-Sadr, will witness the formation of joint committees between the framework and the Sadrist movement, and the goal of these committees is to expedite the resolution of differences and differences on political and electoral issues, and they will also be responsible for dialogues and negotiations to form the next government."

This morning, Tuesday, the UN envoy to Iraq, Jenin Plasschaert, arrived in Najaf Governorate, met with Al-Sadr, and discussed the election results, according to a source who informed Shafak News Agency.

It seems that Blackshart had anticipated a meeting that was scheduled to take place today, for the leaders of the coordination framework with the leader of the Sadrist movement, Muqtada al-Sadr, at his home in Najaf.

The comprehensive coordination framework of the Shiite forces held the first meeting (on the second Thursday of December) with the leader of the Sadrist movement, Muqtada al-Sadr, to discuss post-election options and ways to bring together the Shiite house, before forming the next government.

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ARTICLE 4

Al-Hakim expresses his optimism about the mutual visits between the leaders and representatives of the countries of the region and stresses the dialogue to end the differences
December 07, 2021 - 7:52 PM

Al-Hakim expresses his optimism about the mutual visits between the leaders and representatives of the countries of the region and stresses the dialogue to end the differences

Ammar al-Hakim, head of the National State Forces Alliance, expressed his optimism over the mutual visits of some regional leaders among themselves, whose relations were tense. His Eminence said in a tweet to him.
"With a look full of optimism, we are following with great interest the movement that the region is witnessing at present, which is represented by the mutual visits of leaders and representatives of the countries of the regional periphery, whose relations were tense and tense," expressing his hope that these meetings will yield fruitful results that serve the peoples of the region and move towards engaging in serious dialogues to resolve crises and reduce Hotbeds of tension, these moves returned more confirmation than before that the table of dialogue and understanding is the safest, shortest and most effective way as a sober alternative to the language of tension, wars and media discourses.

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ARTICLE 5

Gilgamesh: The United States returns the book of Gilgamesh's dream to Iraq
12-7-2021 around 1:45 pm Eastern

On Tuesday, the Iraqi authorities received the historical "Dream of Gilgamesh", which is estimated to be 3,500 years old, 30 years after it was stolen.

The tablet remained on display for years at the Museum of the Bible in Washington, until a federal court order was issued to return it to Iraq.

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