For those who can't get on OM, and who don't have access to the forum. I will post here the articles I like for the day and some of my thoughts. Check back later
Today, Friday, the International Coalition commented on the missile strikes that targeted Baghdad .Airport
The coalition stated, in a tweet via "Twitter": "At least 6 missiles fell at Baghdad Civil Airport this ".morning, at (4:30) in the morning
He added that "outlaw militias, for the second time this month, threaten and bomb Baghdad International Airport," stressing that "all the rockets took place in the runway area and/or areas ".close to the civilian side
He pointed out that "the Iraqi air defense missile prevention system was activated at the airport, ".and it was able to stop a number of missiles
Airlines issues a notice about the bombing of Baghdad airport
Today, Friday, the General Company for Iraqi Airways commented on the missile targeting of .Baghdad International Airport
And she said in a statement received by (Baghdad Today), that "the missile bombing that targeted Baghdad International Airport at dawn today, Friday, damaged one of the company's ".out-of-service planes perched in the vicinity of the airport ".
She reassured "passengers that our direct flights are continuing
The Sadrist bloc on targeting Baghdad airport: We will make Iraq free of uncontrolled weapons
Today, Friday, the head of the Sadrist bloc, Hassan Al-Adari, commented .on the targeting of Baghdad airport with missiles
Al-Adari said, via Twitter, that "targeting government facilities in general, and Baghdad Airport in particular, is one of the actions of the enemies of Iraq, who, with ".their actions, seek to isolate Iraq internationally and economically
And he added: "But we say we will make Iraq a state free of terrorism and uncontrolled weapons through a government of a national majority, that secures the ".homeland and is keen on the security of the citizen and the masters of Iraq
Hadi Al-Amiri resolves the file of participation in the next 'majority' government
The leader of the Al-Fateh Alliance Hadi Al-Amiri warned, on Friday, that the political situation is going to "obstruction", calling on all political forces to end what he called "stubbornness" and to place the interests of the people over personal benefits.
This came during a memorial ceremony attended by Al-Amiri, followed by "Nas" (January 28, 2022), in which he stressed "the importance of consensus on the person of the next prime minister, and regarding the next stage and its management," warning if this is difficult, "We will enter a closed door and it will be The only loser is the Iraqi people."
Al-Amiri called on all political forces to "end stubbornness and put the interests of the Iraqi people at the forefront of these matters, and put aside special interests," saying: "The national majority is the one who signed it and adopted it, but it must exist in opposition and loyalty."
He continued, "It must be part of the Shiites, Sunnis and Kurds in the loyalists, as well as that part of them be in the opposition, but if a certain Shiite party is excluded, we will not accept it, as this is not a national majority," as he put it.
Publishes the prices of foreign currencies, gold and oil globally, on Friday, (January 28, 2022), according to the Iraqi Political Economic Center Dollar selling price 148,500 Dollar buying price 147,500
The Markets:
The Asian markets closed mixed NIK up by 2.09% HSI down by 1.09% SHANG down by .97%
The UK markets are currently trading in the red from 1.31% to 2.07%
Our futures are currently trading down DOW at 34917 down by .51% SNP at 4301.5 down by .38% NDX at 1392 down by .03%
Precious Metals:
Gold is red at 1783 Silver is red at 22.43 Copper is red at 434 Platinum is red at 994
A specialized economic report expected oil to reach $100 per barrel by the middle of this year, despite the lack of enthusiasm by the Organization of the Petroleum Exporting Countries (OPEC).
And the specialized "Oil Price" bulletin added in its report, "Morgan Stanley Investment Bank expects the global reserve oil production capacity to shrink from 6.5 million barrels per day at the present time to two million barrels per day by the middle of the year.
The bank indicated that this will be “the result of OPEC and its partners increasing production in accordance with their agreement to return to pre-pandemic production levels.
And it is likely that "this decrease in spare capacity will push Brent crude to $ 100 and perhaps more," a vision supported by "Oil Price
And last Wednesday, Brent crude futures were trading at $90 a barrel, its highest level in 7 years, and this came with the support of the Ukraine crisis amid tensions between Russiaand the West.
Oil Price" estimates that oil reaching $ 100 "is something that OPEC does not want and on which many do not agree, but it may be achieved at the end of the second quarter of this year, with the strength of the current emerging factors in the market
Quotes aboutOle HansenFrom "Saxo BankHe said that “the momentum behind the rise in oil prices is slowing, and we could see a correction soon.
As for tensions in Ukraine, which has also been named among the factors driving oil higher, Hansen noted that “these tensions are more likely to affect natural gas prices in the event of an escalation rather than oil prices
The “Oil Price” report added that “whatever the immediate future movements of oil prices, the fact remains that the Organization of the Petroleum Exporting Countries and the RussiaAnd their partners in Central Asia do not seem to be able to meet their production quotas
He explained the reasons for this as “ranging from political problems in Libya to technical problems in Nigeria and dwindling spare parts.”Russia \and most of OPEC
In contrast, strong oil demand and insufficient investment seem to have been consistently underestimated by some forecasters
This could add more bullish potential for prices, which is looming in the oil industry,” the report said
Saudi Arabia and the former Secretary-General of "OPEC" had warned that the lack of investment would negatively affect last year
At the same time, most forecasters are betting on a continued decline in oil demand, as the lights are on low-carbon energy
But the fact - says the Oil Price report - has proven otherwise, and it is only a matter of time before highlighting the world's increasingly limited oil production capacity.
The report of the specialized bulletin concluded that “OPEC” does not want oil at $ 100, according to what some officials in the organization said. Expensive oil is not good for exporters because it weakens demand
But this time, it seems that there is little that OPEC can do about it except to hope that demand will not grow too quickly too soon, so that prices remain relatively unchanged from what they are now
Al-Rafidain determines the interest rate for savings accounts
Today, Friday, Al-Rafidain Bank set the interest rate for savings accounts
And the media office of the bank stated in a statement received by Alsumaria News, that "the interest rates of savings accounts are 4 percent paid to citizens in return for depositing their money
The international coalition comments on the bombing of Baghdad airport
Today, Friday, the International Coalition commented on the missile strikes that targeted Baghdad .Airport
The coalition stated, in a tweet via "Twitter": "At least 6 missiles fell at Baghdad Civil Airport this ".morning, at (4:30) in the morning
He added that "outlaw militias, for the second time this month, threaten and bomb Baghdad International Airport," stressing that "all the rockets took place in the runway area and/or areas ".close to the civilian side
He pointed out that "the Iraqi air defense missile prevention system was activated at the airport, ".and it was able to stop a number of missiles
Airlines issues a notice about the bombing of Baghdad airport
Today, Friday, the General Company for Iraqi Airways commented on the missile targeting of .Baghdad International Airport
And she said in a statement received by (Baghdad Today), that "the missile bombing that targeted Baghdad International Airport at dawn today, Friday, damaged one of the company's ".out-of-service planes perched in the vicinity of the airport ".
She reassured "passengers that our direct flights are continuing
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.
1-28-2022 Newshound/Intel Guru Mnt Goat Article: "RETURNING THE DOLLAR EXCHANGE TO ITS PREVIOUS PRICE IS ONE OF OUR PRIORITIES" ...let me remind you what the phrase “returning the dollar’s exchange rate to its previous price” means. Some authors do mean from 1450 back to the 1122 program rate, but the CBI means back to the “Glory Days”...If the CBI wanted to revalue back to the old program rate of 1120 they would have done it already in December 2021. They do not need any change in the government to revert it back it...So, this alone tells us that something different is about to happen. They are going to get out of the program rate. This is not business as usual.
1-27-2022 Intel Guru MarkZ [via PDK] [Any new estimates on the dong?] I am still hearing $2.20 - $2.30…
1-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're now talking on the TV about what they're going to do with the rate. They thinking it will go to 1000 or so then float...a lot of talk about the rate being better than previous then float. FRANK: It is the hot conversation in your country...it's actually hot all over the Middle East...Every Middle East country they're talking about your exchange rate...
1-27-2022 Intel Guru Holly They said it would get crazy at the end. I am seeing news all over. The rv is real! Don’t ever give up! ...The best is yet to come!
1-27-2022 Newshound/Intel Guru Walkingstick [via Frank26] The total value and the exchange rate that they are using is in the budget and the white papers. That [the exchange rate] is one of the line items... They're going to pass it. They're going to use it...
1-27-2022 Newshound Guru Kaperoni The IMF made it very clear about 10 years ago of the policy for Iraq... they want Iraq to move to a float when the conditions are appropriate and allow the dinar to gradually appreciate. This is what will happen as a result of the growth of the economy. There are no shortcuts.
1-27-2022 Intel Guru MarkZ [via PDK] ...based on whales staying in place, the constant articles from Iraq saying they are raising the rate…and they want the new rate before they open the 2022 budget…we know its near …we just don’t know if they will get it all done within the next week or two. At this point I do not think there is a can being kicked…all systems are go…
1-27-2022 Newshound Guru Pimpy I know there's some talk out there about the Iraq exchange rate. I've seen the articles. I know it's being discussed but as I said before if they do change it it's going to change back to the previous rate. You're not going to see any huge RI or RV. Not yet. Most likely it'll go from getting 1450 dinars for every 1 dollar to back to where it was before, 1190 dinar. That's going in the right direction. The lower that number gets the more we benefit. Just be patient...no one can deny Iraq is going in the right direction...
1-27-2022 Regular Guy Guru Vital BradQuestion: "Will the rate fluctuate?" Great question. When the Iraqi dinar goes back onto the Forex market - it's the international market - the free market it becomes a legitimate recommissioned currency. It's going to fluctuate just like other currencies. They fluctuate. They move...Let's say it comes in at 1 to 1 and it's going to do what they call a 'float' where it's going to gradually go up over time...it won't be massive fluctuations like cryptocurrency.
1-27-2022 Intel Guru MarkZ [via PDK] After I finally get that announcement and I know we are headed to the bank…They are going to try to finish all of our currency transactions within 30 days. At which point they may make the larger denomination notes worthless except for those owned by treasury departments in the foreign currency reserves…So eventually the currency we hold will not be any good. So imo…you had best get in and out within 30 days. This is what I have heard and believe it to be accurate.
1-27-2022 Intel Guru Frank26 Article: "Parliamentary Moves To Reduce The Price Of The Dollar In The Next Parliamentary Session" Quote: "There is a great move by the State of Law to reduce the dollar exchange rate and return it to its previous position."
1-27-2022 Newshound/Intel Guru Mnt Goat Iraq has 1/6 of a penny for their dinar? Unbelievable isn’t it? ...we read article they had the largest foreign reserves EVER!...Dr Sinani Shabibi wanted to reinstate the dinar way back in Jan 2013.So why are we still here over 8 years later?
Catnip's Corner:
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ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, meets with security leaders in Basra Governorate
Today, Thursday, the Prime Minister and Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, chaired a meeting that included military and security leaders in Basra Governorate, during his visit to the province today.
Al-Kazemi listened to a briefing on the security situation in the province, and the security services’ plan to secure the cities, districts, and external roads linking Basra and the rest of the provinces.
His Excellency stressed the need to take precaution, caution and not be complacent about everything that threatens the security and stability of Basra, and the importance of following up on organized crime gangs, prosecuting their members and bringing them to justice without the slightest complacency.
Media Office of the Prime Minister
27- January 2022
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ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side; 17 pix)
Prime Minister Mustafa Al-Kazemi visits the Young Warriors Academy for People of Determination in Basra Governorate
Today, Thursday, Prime Minister Mustafa Al-Kazemi visited the Young Warriors Academy to care for children of determination in Basra Governorate, and attended a celebration that included various activities presented by the academy's children.
Al-Kazemi described the children of the Academy in his speech as warriors for life, not for war, and expressed his overwhelming happiness to meet them, and praised his Excellency for the activities they presented during the ceremony.
Mr. Al-Kazemi was briefed on the means of care, education, and capacity development that children of determination who are enrolled in this academy receive, and he continued the efforts made to facilitate the integration of these children, and to ensure that they receive the care they deserve.
The Prime Minister directed to grant the Academy a plot of land to build a building for it, after it was delayed for five years, and directed the Ministry of Health to take care of all the health care for the enrolled, secure their basic needs, fill the deficiencies and raise the level of service provided to children of determination, while he directed the Governor of Basra to provide All forms of support for the Academy.
During the inspection visit, His Excellency was accompanied by the Ministers of Oil and Health.
Media Office of the Prime Minister
27- January 202
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ARTICLE 2 (from Government of Iraq twitter account)
Watch: A video of PM @MAKadhimi’s visit to the Young Warriors Academy in Basra where he met children of determination, children with special needs, and attended a graduation ceremony, saying that it was a joy to be amongst them, describing them as “warriors for life, not war.”
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ARTICLE 3
Al-Maliki responds to Al-Sadr and hints that he will not participate in the new government
2022-01-27 07:10
Shafaq News/ The leader of the State of Law coalition, Nuri al-Maliki, responded on Thursday, to the leader of the Sadrist movement, Muqtada al-Sadr, who stipulated that the coordinating framework should include them in the new government without al-Maliki.
Al-Maliki said in a tweet on Twitter, followed by Shafak News Agency, "I am used to in my political and social life that I do not issue a response to those who transcend and personify national political differences, and respond to them in the political and security field, in defense of Iraq and the security and interests of citizens and to stop harming those who underestimate blood and confiscate Money, property and liberties.
And he added, "And from a position of strength and power, and a sense of responsibility, I say to everyone looking for differences and venting grudges and hatred, that my hand is extended for the best relations, if it is in the interest of Iraq and its people, and without it I do not like and do not welcome any relationship and partnership with any party that harms the interests of Iraq and the dignity of people." .
Earlier today, the Al-Fateh Alliance, led by Hadi Al-Amiri, revealed on Thursday that the leader of the Sadrist movement, Muqtada Al-Sadr, presented the portfolio of the Ministry of Interior to Al-Fateh in exchange for breaking the alliance with the leader of the State of Law coalition, Nuri al-Maliki, and excluding the latter from participating in forming the next government.
The leader of the coalition, Ali Al-Fatlawi, told Shafaq News Agency, "The coordination framework forces refuse to leave the leader of the State of Law coalition, Nuri al-Maliki alone in the opposition and not to participate in the next government, despite his coalition owning a large number of parliamentary seats, especially since the seats of al-Maliki's coalition entitle him to fill 3 Ministerial portfolios in the next government.
Al-Sadr arrived yesterday evening, Wednesday, to the Iraqi capital, Baghdad, to discuss with the political forces, especially the leaders of the coordination framework, on the alliances that will lead to the formation of the next government.
Al-Sadr, whose list topped the elections, had said in a televised statement, the day before yesterday, Tuesday, that he offered the Coordinating Framework Forces to enter into a national majority government on the condition that the leader of the State of Law coalition, Nuri al-Maliki, did not participate, but they refused.
Al-Sadr blames Al-Maliki, who headed the government for two consecutive terms (2006-2014), for rampant corruption and acts of violence in the country, in addition to the ISIS invasion of a third of Iraq in the summer of 2014.
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ARTICLE 4
The rule of law alludes to boycotting the voting session on Zebari as a candidate for the presidency
27/01/2022 19:31
Baghdad / Obelisk: The spokesman for the State of Law Coalition, Bahaa El-Din Al-Nouri, hinted, on Thursday, January 27, 2022, to the possibility of boycotting the voting session on the Kurdistan Democratic Party candidate Hoshyar Zebari for the post of President of the Republic, by the coordination framework and the Patriotic Union of Kurdistan.
Al-Nouri said in a televised interview, that the voting session for the post of President of the Republic may witness a withdrawal by the coordination framework, the Patriotic Union of Kurdistan, and some other parties, especially with regard to the vote on the Kurdistan Democratic Party candidate Hoshyar Zebari.
Al-Nouri added that the vote for the position of the President of the Republic needs 220 deputies, but at the same time he expected the opposite to happen in the event of an agreement between the Patriotic Union and the Kurdistan Democratic Party.
Al-Nouri confirmed that the framework had negotiated with the Kurds and Sunnis, and its message was clear by calling on them not to side with a Shiite party at the expense of another.
And on the administration of the state, he said, Either we are real partners, and we do not go partly to form the government without the other, and he also expressed his hope that the Kurds will come to Baghdad with one candidate for the post of President of the Republic.
He explained that political understandings and agreements may emerge at the last moments, and sometimes everything changes, in a session inside the parliament cafeteria.
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ARTICLE 5
The Iraqi parliament sets the seventh of next month as the date for electing a new president
January 27 2022
Today, Thursday, the presidency of the Iraqi parliament announced the setting of next February 7, the date for holding a session to elect a new president for the country, in light of the continuing political differences between the two Kurdish parties over the position, which was the political custom in force in the country, after the American invasion of Iraq in 2003, to be from the share of the Kurdish political forces.
A statement by the Presidency of the Iraqi Parliament said that the Presidency of the Council of Representatives held, today, Thursday, a meeting to discuss the provisions and procedures related to the nomination of the post of the President of the Republic, pointing out that “during the meeting, it was decided to announce the names of the candidates for the post of President of the Republic who met the legal conditions on next Monday, corresponding to January 31 January, after completing the legal procedures based on the Law No. 8 of 2012 on the Provisions for Candidacy for the Post of President of the Republic.
The statement confirmed that, "At the meeting, Monday, February 7, was set as the date for the parliament session to elect the president of the republic."
The setting of the date for electing a new president comes in light of the continuing political differences, and the upcoming meeting of the leader of the "Sadr movement" Muqtada al-Sadr, with leaders and representatives of the "Coordination Framework" coalition, to discuss the crisis of forming a government.
The new Iraqi constitution defines mechanisms that are linked to each other, to nominate senior positions represented by the presidencies that the political custom has decided to be chosen according to quotas among the Iraqi political components.
The Presidency of the House of Representatives has set today, Thursday, the seventh of next month, the date for the session to elect the President of the Republic.
The presidency said in a press statement received by Earth News that "the Presidency of the House of Representatives held a meeting to discuss the provisions and procedures related to the nomination of the position of President of the Republic."
She added, "It was decided during the meeting: Announcing the names of the candidates for the post of President of the Republic who meet the legal conditions on next Monday, January 31, after completing the legal procedures based on the Law of Provisions for Candidacy for the Post of President of the Republic No. 8 of 2012."
She added, "Selecting Monday, February 7, as the date for the parliament session to elect the president of the republic."
Al-Fatlawi: Al-Sadr offered the Ministry of the Interior to Al-Amiri in exchange for not including Al-Maliki
The Al-Fateh coalition led by Hadi Al-Amiri revealed that the leader of the Sadrist movement, Muqtada Al-Sadr, presented the portfolio of the Ministry of Interior to Al-Fateh in exchange for breaking the alliance with the leader of the State of Law coalition, Nuri al-Maliki, and excluding the latter from participating in forming the next government.
The leader of the coalition, Ali Al-Fatlawi, said that the Coordinating Framework Forces refuse to leave the leader of the State of Law coalition, Nuri al-Maliki alone in the opposition, and not participate in the next government, despite the fact that his coalition owns a large number of parliamentary seats, especially since the seats of al-Maliki's coalition entitle him to hold 3 ministerial portfolios in the next government. And he indicated that the leader of the Sadrist movement, Muqtada al-Sadr, presented to the leader of the Fatah Alliance Hadi al-Amiri the portfolio of the Ministry of Interior in exchange for leaving al-Maliki and entering into one alliance with the Sadrist bloc and heading towards forming a majority government, stressing al-Amiri's rejection of this matter and his insistence that the framework ally with all its forces with the movement without exclusion. One of its parties, or going to the opposition or boycotting
Al-Maliki: My hands are outstretched for the best relations
The leader of the State of Law coalition, Nuri al-Maliki, confirmed today, Thursday, that his hands are extended for the best relations with those who are looking for the interest of Iraq, while indicating that his response to transgressors will be in the political and security fields
Al-Maliki said in a tweet via Twitter, "I am used to in my political and social life that I do not issue a response to those who transcend and personify national political differences, and I respond to them in the political and security fields, in defense of Iraq and the security and interests of citizens and to stop harming those who underestimate bloodshed, and who confiscate money, property and freedoms.
He added, "From a position of strength and power, and a sense of responsibility, I say to everyone looking for differences and venting grudges and hatred that my hand is extended for the best relations, if they are in the interest of Iraq and its people, and without it I do not like and do not welcome any relationship and partnership with any party that harms the interest of Iraq and the dignity of Iraq." the people"
Qaddo: Al-Sadr showed flexibility by entering the entire framework with him in the government, but with one condition
The leader of the Al-Fateh Alliance, Waad Qaddo, revealed that the leader of the Sadrist movement, Muqtada al-Sadr, showed flexibility by entering the entire framework with him in the government, but according to harsh conditions, according to his opinion.
Qaddo said that Al-Sadr met, upon his arrival in Baghdad, with Al-Amiri and informed him of the possibility of entering the entire framework of the Shiite alliance, provided that the name of the prime minister would be presented by Al-Sadr and it would be agreed upon, indicating that three names would be proposed and the framework should accept them, and those names are Mustafa Al-Kazemi, Saleh Al-Tamimi or Adel Mahouder.
The Silk Road on the {morning} table penetrates 70 countries and revives Iraq's role in international trade
Global and regional interest and a continuous local discussion regarding the Silk Road and the benefit it brings to the countries it passes through, as it carries within it major changes in the reality of the global market, especially that food and transport prices during the past months have risen to levels that have raised international communities. In order to shed light on this important topic that occupies all the countries of the world that are under its umbrella and outside it, {Al-Sabah} met the expert on economic affairs and member of the Baghdad Economic Forum, Afif Al-Rais, and studied with him the reality of this project, which is being implemented in nearly 70 countries in the continents of Asia, Africa and Europe, and it is repeating Reviving Iraq's pivotal role in trade exchanges, as it represents the heart of the land and sea Silk Road.
Al-Rayes said: "At the end of 2014, China initiated the establishment of the Silk Road Fund, a state-owned investment fund with a capital of 40 billion dollars, aimed at financing infrastructure projects, numbering about a thousand, which will be implemented gradually to link the countries of the three continents, Asia, Africa, and Europe through A complex transportation network of bridges, roadways, railways, ships and aircraft, including the construction of ports, airports, free zones, electric power lines, internet networks and other infrastructure along the length and breadth of the seventy Belt and Road countries on three continents.”
trade promotion
He added, "This extensive transportation network will be built with modern tools and high-tech equipment that will provide high-speed trains, develop durable and safe land roads, and ports with large and fast loading and unloading capacities, all of which will enhance the growth of land and sea trade at the same time through this large project, which will provide a global option." For a more inclusive, open and balanced globalization that supports the free world trade system and an open global economy led by open regional cooperation to enhance the orderly and free flow of economic factors and the employment of resources with high efficiency to achieve full integration between markets, as well as joint coordination between the various economic policies of the countries benefiting from this project.
Asian Bank
Al-Rais continued, "To bring this initiative out of its theoretical framework into practical implementation, China, in addition to the Silk Road Fund, established the Asian Infrastructure Investment Bank, a multilateral financial institution that brought together the 57 countries concerned to meet the needs of extensive infrastructure, with a capital of $100 billion. The investment needs in these projects are estimated at $73 billion during the period 2015-2020.
It should be noted that despite the magnitude of these needs, there is no difficult problem in providing these amounts if we know that China has a global foreign exchange reserve of $3.37 trillion during 2020, and this will be a catalyst and complementary factor in providing the financial needs for infrastructure projects, as well as About that this would be an opportunity to operate these reserves in the global financial market, and 7 Arab countries joined the Asian Infrastructure Investment Bank, as these developments deepened Sino-Arab cooperation through documents that added a new concept of cooperation that made China the second largest trading partner of the Arab countries as a whole.
The standard of living
Al Rayes pointed out that during the seventh ministerial meeting of the China-Arab Cooperation Forum in May 2017 in Doha, the meeting agreed to continue developing friendly relations by jointly building the Belt and Road project, with the Silk Road Fund taking over the task of financing projects in the countries through which the Belt and Road passes, including countries In the Arab world, the Fund is expected to provide a large volume of loans to Arab countries in order to enable them to improve infrastructure and create a successful investment climate, as well as the continuation of the role of the Asian Investment Bank as one of the existing financing institutions in providing aid and soft loans to finance development projects aimed at alleviating poverty and raising the standard of living in the countries benefiting from the project.
Joint cooperation
And he indicated that "many countries in the Middle East have sought to highlight their role in the success of the Chinese initiative and taking an important position on the Belt and Road track, as Kuwait signed a memorandum of understanding with China in June 2014 to develop joint cooperation on the Silk Road, and Qatar and China in November 2014 To sign a memorandum to enhance joint cooperation on the Silk Road, and in the same context, the UAE sought to activate the strategic partnership with China in December 2015, followed by Saudi Arabia, too, to sign a memorandum of understanding in January 2016 for the same purpose, as did Egypt in January 2016. Iran has refrained from seeking to occupy a position in the project as long as China will invest hundreds of billions in constructing new transportation routes, and a joint cooperation agreement has been signed to turn Iran into a transit center for Chinese goods pending the activation of the Silk Road. economicallyTo increase the volume of exports and diversify and expand trade exchange with the countries through which the Silk Road passes, Turkey has engaged in this initiative through a memorandum of understanding signed in November 2015 to link Turkey with China through regional land transport lines.
It is noteworthy that Ankara received at the beginning of this year the first freight train to use the new route from China to reach the farthest point in western Europe (London). Which will bring great benefits to all the countries through which the railways passed.
Iraq site
Al-Rayes stressed that {the importance of the Belt and Road strategy for Iraq comes from the fact that it will revive Iraq’s pivotal role in trade exchanges during the Silk Road throughout history, given its geographical location, which represents the bridge linking the continents of Asia and Europe, and some economists believe that Iraq represents the heart of the land and sea Silk Road project. Both, the project provides Iraq with a strategic opportunity to achieve its national interests in economic and commercial terms as a transit crossing through its lands towards the continent of Europe and the Levant region and vice versa. He possesses the qualifications of geographical concentration to control the land, sea and air transport lines, but Iraq did not take advantage of this advantage and employ it to serve its interests by the previous governments that neglected the development of railways so that it no longer has any connection with the railways with other countries.Neighboring, while railways in Europe, Asia and Africa intertwined and became productive and effective economic arteries that achieve huge financial resources by collecting service fees for train cars, as well as fees for transporting passengers and goods.
Big benefits
He said: {The Ministry of Transport, in a study prepared by it on behalf of the Asian Belt Project in 2017, estimates that the load of one cargo train is equivalent to the load of 311 trucks, which means that 371,000 trucks operating on the road can be dispensed with, as well as enhancing safety and reducing traffic congestion. This belt will also provide Other great benefits to society by providing a means of transportation that is less expensive, faster and more efficient compared to its counterpart from other means of transportation; Which contributes to the development and development of the transport sector, whether for companies operating in this sector, and achieving economic benefits for the state, and we cannot neglect that this project contributes to creating relations and trade exchanges between Iraq and all countries, whether the countries located towards Europe or the countries located towards China, and this is another advantage that is added What features will it achieve?
The project}.
Agreements and Memoranda
And he indicated that {Iraq sought to take the initiative and seize the opportunities offered by the Belt and Road, as the Iraqi government signed with its Chinese counterpart five agreements and memoranda of understanding for economic, technological, military, diplomatic and energy cooperation during the visit of Prime Minister Dr. Haider Al-Abadi to China in December 2015. The first memorandum related to participation The establishment of the economic belt and the maritime and land Silk Road for the twenty-first century, and the two sides had the desire to jointly advance cooperation regarding participation in the above project, and through reaching several understandings, the most important of which are; The two sides work to achieve the common development goal of the two countries by developing and strengthening regional interconnection and communication among the various countries along the Belt and Road line, and supporting cooperation in the fields of transportation, economy, trade and investment.
He explained that the understandings dealt with the cooperation of the two sides on strategic and development policies, ways to activate cooperation in the fields of infrastructure, energy and industry, and practical cooperation in planning and building infrastructure projects, including airports, ports, electricity and communications, and Iraq expressed its intention to establish a new railway line for cooperation with the Chinese side. It links Iraq from east to west, provided that the Iraqi side does not bear any costs for its construction, except for the site and the lands that the railway passes through.
railway
Al-Rayes indicated that the railway project in Iraq includes several tracks, including the railway plan from the Shalamcheh area in Iran and enters Iraq through Basra to Zakho in northern Iraq and from there to Turkey, and the railway tracks from the Kermanshah region in Iran and enters Iraq through the Badra border port Wasit Governorate down to the Jordanian port of Aqaba, and the railway tracks from the Kermanshah region and enters Iraq through the Mehran-Badra region to the port of Latakia in Syria, as well as the route of the railways from the Kermanshah region and enters Iraq through the Khanaqin region down to the port of Latakia, and the railway tracks from the Latakia region Kermanshah through Kut - Karbala - Arar to the port of Duba
Saudi}.
Expert Estimates
Al-Rayes stressed that "China attaches great importance to partnership with Iraq for several reasons, the first of which is; that Iraq is a rich country that owns large oil fields, and this is what prompted China to think about working and investing in Iraq, and to have a foothold in it; Because China is in great need of oil, and according to expert estimates, China will be the largest consumer of oil during the next few years (2025), and there is an agreement between the two countries to extract oil from the Ahdab and Halfaya fields. It was also agreed recently that China will build a thousand schools in various governorates of Iraq. In return for this interest, Iraq must go to work on building strong and solid relations with China in all fields, and mainly to work on concluding an agreement with China for Iraq’s participation in the establishment of the economic belt and the Silk Road for the twenty-first century, which would raise the level of trade exchange between them to high levels. ambitious, as well as other economic fields,” noting that “to support and strengthen this partnership.”
Infrastructure }.
Infrastructure
Al-Rayes pointed out that {many countries preceded us in moving towards starting the practical side to prepare the infrastructure requirements for sea, air and land services, and we should not see you lost opportunities in the shift towards the practical and executive side of the project, despite the fact that all concerned parties, whether ministries and relevant institutions, as well as centers of strategic thought. The private sector has decided its opinion on the need for Iraq to participate in the road and the belt, as it is one of the
The most important steps towards diversifying sources of income the National}.
This is the video featuring Kazemi
Below here is the daily WOTS Word on the Street report for January 27 2022
Publishes the exchange rate of the dollar on the local stock exchange for Thursday, (January 27, 2022), according to the monitoring of specialists.
Baghdad - the stock exchange
147,900
....
The price is in most Baghdad exchanges
Purchase
147,500
sale
148,250
———————
Basra - Bursa
148,000
———————
Erbil - Bursa
148,025
———————-
Mosul - Bursa
148,050
The Markets:
The Asian markets closed down NIK by 3.11% HSI by 1.99% SHANG down by 1.78%
The UK markets are currently trading in the red mostly from .28% to .77%
Our futures are currently trading mixed DOW at 34000 down by .16% SNP 4336 down by .10% NDX at 14146 down by .07%
Precious Metals:
Gold is red at 1809 Silver is red at 23.16 Copper is red at 446 Platinum is red at 1026
The leader of the Al-Fateh Alliance, Waad Qaddo, revealed that the leader of the Sadrist movement, Muqtada al-Sadr, showed flexibility by entering the entire framework with him in the government, but according to harsh conditions, according to his opinion.
Qaddo said that Al-Sadr met, upon his arrival in Baghdad, with Al-Amiri and informed him of the possibility of entering the entire framework of the Shiite alliance, provided that the name of the prime minister would be presented by Al-Sadr and it would be agreed upon, indicating that three names would be proposed and the framework should accept them, and those names are Mustafa Al-Kazemi, Saleh Al-Tamimi or Adel Mahouder.
Today, a critical meeting between Al-Sadr and the coordination framework to discuss three options - urgent
Today, Thursday, the coordination framework revealed that an important meeting was held in the capital with the leader of the Sadrist movement, Muqtada al-Sadr.
The leader in the framework, Ali Al-Fatlawi, told (Baghdad Today), that "an important and decisive meeting will be held between the leaders of the coordination framework and the leader of the Sadrist movement, Muqtada al-Sadr, for the purpose of resolving the file of forming the largest bloc, as well as forming the new Iraqi government, in the coming hours."
Al-Fatlawi indicated that "the meeting of the coordination framework with Al-Sadr will be decisive and final, and the framework will inform that the framework with the participation of all its parties in the new government, and otherwise no participation, and the trend will be towards boycott or opposition, and we have no third option
We have often referred to the importance of employing the hoarded monetary mass in dealing with the financial crises that the country has witnessed, and we have repeated in more than one article the possibility of directing this employment in directions aimed at revitalizing the market movement and getting out of the successive cases of downturn that the local markets witnessed during the successive financial crises that followed the country after the year 2014 following the entry of terrorism and the escalation of the need for spending in order to finance the war machine and the logistical effort in conjunction with the drop in oil prices, and then the urgent need to finance the construction and reconstruction machine in the provinces affected by terrorism, and the subsequent stages that were crowned by the Corona pandemic with a global closure that led to economic stagnation and a decline in The rates of global trade movement, which caused a drop in oil prices again, as well as a clear depression in the movement of local markets due to the depreciation of the currency exchange rate. local.
Now with the rise in oil prices, whose revenues can be scientifically employed according to a national program to advance the macroeconomic scene, the indebtedness file can be addressed and foreign debts that can confiscate the Iraqi national decision can be confiscated in the context of creditors' requirements, at a time when other available financial tools can be employed. , and this was demonstrated through the launch of building bonds, which is a wonderful idea to move the hoarded cash mass, which the Central Bank estimates at about 70 percent of the issued cash amounting to 44 trillion dinars. Iraqi.
Bonds are debt instruments that governments and companies resort to to finance their projects, as these bonds are issued as securities of a certain value, so that the owner of the bond is a creditor to the issuer of the bond, in return for a financial return in a specified period of time, and this method is one of the investment vessels to collect a certain amount with the aim of financing a project What, in what can this method be employed in the case witnessed by the Iraqi financial market, which suffers from the decline of the monetary mass from the banking circulation arena, as only 30% of the issued monetary mass moves, which is a major imbalance in the monetary and financial system, so the bonds here are a tool From the toolkit to withdraw the chunky cash block.
The success of the bond issuance experience will not only contribute to the movement of hoarded funds, but will also contribute to strengthening the state of trust between the banking sector and the public, in addition to devoting a culture of savings and spreading banking awareness. The exchange rate, to refute what is said in this regard, and to encourage the public to trade and exchange Finance.
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.
1-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground TV report] FIREFLY: The Finance Mister just came on our television channel One...he says Iraq need to show their true value.FRANK: the REER. FIREFLY: They're saying that they are losing billions a day by not having the true value...he's saying that Iraq is a stable society and we have security and we have just signed an economic meeting with Saudi Arabia but doing all these things without a true real value is basically useless to the Iraqis and to our nation. The time has come to show the real value to the world so Iraq can grow.
1-26-2022 Intel Guru MarkZ [via PDK] [I talked to an Iraqi Native in Kentucky last night, he said his family in Iraq sees the REER ( real effective exchange rate) will be changed back to an acceptable rate, for the poor Iraqi people, any day now!] It is common when taking with Iraqis…they know they will soon have this…They know how this works.
1-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] IMO the formal training of all the banks has been completed whether in Iraq or outside of Iraq...they are telling you it would be done in the early part of this year. You see article after article after article telling you the very same thing...
1-26-2022 Intel Guru BobTheTaxManThis is a government process. This is going to go through a series of things they've got to accomplish. They did get Kuwait taken care of...we are in a really good position for this to come to fruition...
1-26-2022 Intel Guru Frank26 Article: "His Excellency Dr. Al-Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, delivers a speech at the opening of the Work of the Seventh Meeting of The Undersecretaries of Arab Ministries of Finance" The CBI has turned in the official documentations for the RI. Quote: "The meeting was attended by the undersecretaries of the miniseries of finance in the Arab countries and experts from the International Monetary Fund, the World Bank...in addition to the Arab Monetary Fund..." Everybody's there...they are admitting what they are doing...
1-26-2022 Intel Guru Holly I have been asked to keep quiet so I will. My silence is good and things are happening...We are almost there...It will be worth the wait. The best is yet to come!
1-26-2022 Regular Guy Guru Vital Brad When the Iraqi dinar goes back onto the international market it's going to be an internationally recognized currency/a tradable currency so we're going to be able to take our Iraqi dinar down to a Forex bank (you'd have to look up your area which one actually trade foreign currency) and you'll see the IQD - the Iraqi dinar. You'll be able to exchange it at the going rate...and I don't think there's going to be a prior rate to the public.
1-26-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight. I am not hearing a thing except groups still believe they are being funded tomorrow evening or Friday. These are large Tier 3 and 4a groups that have aggregated currencies already. All I can say is I am hopeful. We appear to be right at “Crunch time” and need to see it happen...We are all sitting at the edge of our seats waiting for solid news.
1-26-2022 Newshound Guru PimpyArticle: "Al-Sadr after the Federal Court's decision: We are proceeding with the majority government and our door is open to those we think well of" The courts have ruled the first parliamentary session was considered constitutional therefore it continues. This is a good sign. Now that Halbousi has been nominated and has been voted in as the President of Parliament they turned about and they nominated Salih to be the president of Iraq...It looks like Salih is going to become the president of Iraq barring any other issues.
1-26-2022 Newshound Guru Kaperoni Today's Iraqi Federal Court decision appears to confirm previous parliamentary session was legit giving Al-Sadr now the momentum to move forward and begin to create a new government.
1-26-2022 Intel Guru Sheila [via MarkZ] …I am sure they are preparing to roll this blessing out to us as soon as possible. I feel this may be our week...
1-26-2022 Intel Guru MarkZ [via PDK] [Does the CBI need to set the dinar rate before we get the RV?] They will have. Keep in mind that when Kuwait changed their rate …we did not see it posted at their central bank until people were already exchanging…they had tried to hide it for about 10 days…So we may not see it at the CBI at first…but we also might…Keep in mind when Kuwait went there was no internet and they could hide it…in today’s day and age with the internet and social media…they may not be able to…we will have to see how it plays out.
Catnip's Corner:
***********
ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side; 13 pix)
The Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi meets with the leaders of West Nineveh operations to follow up on the situation of the Iraqi-Syrian border and issues several directives related to border security
The most prominent of what was stated in the speech of the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, during his visit to the border villages with Syria and his meeting with the citizens there:
We are here today to confirm that the government does not differentiate between one region and another, that the rights of the Iraqi citizen are sacred, and his security is sacred and unquestioned.
The border areas are unfortunately among the forgotten areas, which is something we reject. Those inhabited by Iraqis must provide services and protect them.
I call on the brothers in Nineveh Governorate and its district districts to act urgently and quickly to address the citizens’ problems, which are always exacerbated by every climate change in the cold of winter or the heat of summer. It secures their rights to services.
The security situation is stable and tightly controlled, and what is said here or there is just media intimidation, and from here I call on the political brothers to expedite the formation of the government in a way that meets the needs of citizens in all parts of the country and its lands, from the north to the south and from the east to the west.
Rest assured, we are with you, we have never forgotten you, and we will not forget you.. You are the wall of the homeland as well as your heroic brothers in the security services. Your cooperation and integration with them enhances security and stability, imposes the prestige of the state, and blocks all attempts to destabilize security and stability.
From you and from your adherence to your regions and villages, we derive the determination and strength, to build a homeland and a stable state that we have always dreamed of.
Media Office of the Prime Minister
26- January 2022
***************
ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Highlights of the speech of the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, during his visit to the border strip area
The most prominent of what was stated in the speech of the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, during his visit to the border area with Syria today, Wednesday:
Our visit today comes to directly supervise the procedures and precautions in place by our heroes in the security and military forces, and our presence in this place confirms the strong presence of the state, and the readiness of our armed forces to confront any attempt aimed at tampering with the security and stability of our country.
We listened to the security briefing, and I am aware of direct and daily follow-up to the developments of various events, and I am confident in your abilities and determination to protect Iraq and Iraqis, and to confront the foolishness of terrorists outside and inside, who seek to perpetuate chaos and undermine state institutions, for their personal interests, but they were disappointed.
I say to ISIS terrorists: Do not test us, you have tried a lot and failed, and you will try a lot and will fail. You know very well that we are pursuing you, inside and outside Iraq, and you know well that the blood of the Iraqis is very precious to us, and you will pay the price for every folly you have committed.
I say to the terrorists of ISIS: You are a group of gangs that have no place among us. This is our decision and the decision of every honorable Iraqi before it is the decision of the state, the government and the security establishment. We will only accept to eliminate you and protect our land and honor.
My brothers and sons in the security forces..you are stronger today than you were yesterday, and tomorrow you will be stronger, God willing, the security of Iraq is your responsibility, and there is no complacency in the face of this great responsibility...Your blood is precious, so you must abide by the military instructions and directives, and implement them as fully as possible. .
The country is preserved and preserved when the borders are maintained and maintained, and today it is thanks to the efforts of the heroes as well. We will spare no effort to provide your needs in order to perform the tasks assigned to you to the fullest.
Our directives to commanders, officers, and officials of the various units that the discipline of the forces and ensuring the implementation of the drawn plans are your responsibility.
You must bear your full responsibilities, do not be negligent, our morale is solid thanks to you, and no media intimidation shakes you.. Your potential, capabilities and fighting spirit are high enough to eliminate any attempt or foolishness, and this is what the terrorists must realize starting from here from the border line, and in every spot. from the land of Iraq.
Media Office of the Prime Minister
26- January 2022
***************
ARTICLE 2-A (from Government of Iraq twitter account)
Highlights of PM @MAKadhim'sspeech to Iraqi security forces during his visit to the Iraq-Syria border strip in Nineveh province:
PM @MAKadhimi: Our visit today is to see the procedures and defences put in place by our heroes in the security and military forces.
PM @MAKadhimi: I have confidence in your abilities and determination to protect Iraq and Iraqis, and to confront the foolishness of terrorists abroad and within, who seek to perpetuate chaos and undermine state institutions for their own interests.
PM @MAKadhimi: I say to Daesh terrorists, you are a group of gangsters that have no place amongst us. This is our resolve and the resolve of every honorable Iraqi, before it is that of the state. We will eliminate you and protect our land and honour.
PM @MAKadhimi: My brothers and sons in the security forces, today you are stronger than you were yesterday, and tomorrow you will be stronger still, God willing. The security of Iraq is your responsibility, and there is no room for complacency in this great endeavour
PM @MAKadhimi: The country is protected when its borders are secured, and today they are, thanks to the efforts of our heroes. We will spare no effort in meeting your needs in order for you to perform the tasks assigned to you.
***************
ARTICLE 2-B
Cabinet decides to transfer ownership of the land of Al-Rasheed Theater to the Ministry of Culture
26 Jan 2022 - 1:03 pm
The Cabinet held its regular meeting on Tuesday, under the chairmanship by Prime Minister Mustafa Al-Kadhimi.
At the start of the meeting, the Prime Minister extended his condolences to the families of the heroic martyrs who gave their lives defending the homeland and its people against attempts by Daesh terrorists to destabilise the country’s security and stability.
The Prime Minister affirmed that the attempts by terrorists will fail, and that they will not find a place to shelter them in Iraq or abroad. The Prime Minister added that Iraqis will work with their friends to pursue terrorists everywhere.
The Cabinet hosted the Deputy Commander of Joint Operations, Lieutenant-General Abdul-Amir Al-Shammari, and the Commander of the Border Forces, to review the current situation atIraq’s borders, the security plans for securing them and the requirements to increasethe capabilities of our forces to meet all security challenges.
The Cabinet meeting also hosted senior staff from the Ministry of Electricity to discuss the electricity crisis in the country.
the Ministry of Electricity’steam presented a comprehensive plan for the electricity sector,including sloutions and requirements.
The Cabinet then reviewed the ongoing measures in relation to Covid-19, including ensuring the availability of vaccines.
Following discussions, the Cabinet decided to:
Transfer the ownership of the land on which Al-Rasheed Theater is built from the Ministry of Construction, Housing, and Municipalities, to the Ministry of Culture – Department of Cinema and Theater, and to amortize the cost.
Direct the Ministry of Finance to provide 15 billion dinars to the Ministry of the Interiorto enhance security and start the second phase of the construction of theconcrete barriers in the area between Wadi Al-Ajeeh to Umm Jerais for a distance of 50 km.
Authorize the Ministry of Migration and Displaced tocontinue to operate by Cabinet Resolution (No 9 of 2021) to meet the needs of displaced people and returning families from IDP camps, until the issuance of the Federal General Budget Law for the fiscal year
*************
ARTICLE 3
Iraq.. Confirmation of the legitimacy of Parliament Speaker paves the way for the government
1-26-2022 around 2 pm Eastern
Baghdad - Sky News Arabia
As was widely expected, the Federal Supreme Court of Iraq decided, on Tuesday, to reject the challenge to the constitutionality of the first session of the new Iraqi parliament, in a step that would strengthen the position of the poles of the tripartite agreement in the country and weigh the option to proceed with the formation of a national majority government, according to what he confirmed. The leader of the Sadrist movement, Muqtada al-Sadr, after the court's decision.
Al-Sadr, in a tweet on "Twitter", welcomed the judiciary's decision to confirm the legitimacy of the first parliament session, saying, "We are proceeding with the formation of a national majority government."
The official Iraqi News Agency stated that the Federal Court decided to reject the challenge to the constitutionality of the first session of Parliament, which alleged that there were violations of the constitution in the session.
She added that MP Khaled Al-Daraji presiding over the first parliament session does not contradict the provisions of the constitution, and the court decided to cancel the state order for the temporary suspension of the Presidency of the Parliament.
To comment on the post-binding Federal Court decision, and its effects and repercussions on the shape and nature of the upcoming course of events, Raed Al-Azzawi, head of the Al-Amsar Center for Strategic Studies, said in an interview with Sky News Arabia, "The decision is self-evident and completely expected."
legal safety
Al-Azzawi added that the first session was sound and legal in terms of form and content, "and the appeals and skeptical defenses submitted to the Federal Court were not valid to an extent that prompted the court to be convinced and adopt it, and thus the process will continue in accordance with the constitutional procedures and stations, to complete the rest of the entitlements related to the election of the President of the Republic and from Then choose the prime minister.
Al-Azzawi, a professor of international relations at the American University in Cairo, adds, "The constitutional period for electing the president of the republic ends on February 9, and perhaps the Kurds will agree on a unified vision and one candidate for the presidency of Iraq, as it is their share."
And the researcher added, "In my opinion, the differences between the Democratic Party and the Patriotic Union of Kurdistan will end. Everyone, and I mean here specifically the Sadrist movement and the Sunnis, do not want the Kurds to fall into the trap of incompatibility and division among themselves, but rather to be in agreement and for the new Iraqi president to be chosen in a way that satisfies a different the parties".
And then we will go to the most important step, which is choosing the prime minister, and it is clear here that the coordination framework, if it remains on its current position, will lose the opportunity to participate in choosing the prime minister, an opportunity that Al-Sadr presented more than once in an attempt to bored the Shiite house, but the framework eludes and rejects, and in general It is in everyone’s interest that things do not go into a dead end with regard to the consensus between the various political books, especially the Shiite bloc.”
And he continued, "But it seems that things are heading in light of the tireless insistence on not participating, towards the Sadrists and the Alliance of Progress of resolve, and the Kurds in choosing the next prime minister, assigning a personality acceptable from all sides and forming a government based on the principle of preserving the homeland and citizenship, away from regional and internal conflicts." .
Calculations and reconciliations
For his part, writer and journalist Maher Al-Hamdani said in an interview with "Sky News Arabia" that "completing the first step in the path of electing the three presidencies, which is choosing the speaker of parliament, is the easiest, and it was not a surprising step, as the Sunni component that deserves the position, It came by consensus on one name and with one bloc, so it was easy for Shiites and Kurds to vote for it with ease.
Al-Hamdani said that "there are two major battles, namely the Kurdish battle over the presidential candidate, and the Shiite battle over the prime ministerial candidate, wondering, 'Can the Kurds present a single candidate without entering into differences between the two main parties, the Democratic Party and the Patriotic Union of Kurdistan, and will we witness the opposite of that, the contract being broken? The unwritten between the two parties, which has become customary, stipulates that the Union obtain the presidency of the republic in Baghdad, in exchange for the Kurdistan Democratic Party taking over the presidency of the Kurdistan region in Erbil?
And the Iraqi writer and journalist continues, "This time, the choice of the president of the republic will cast a direct and thick shadow over the choice of the prime minister and its disclosure. .
He expected the establishment of a new political equation for the first time in Iraq, which is the equation of the majority government, and we will witness the birth of a real opposition within Parliament formed by the coordination framework in cooperation with the Patriotic Union of Kurdistan, "and some different Sunni forces with the Alliance of Progress Azm, perhaps led by Mahmoud al-Mashhadani and his allies."
*************
ARTICLE 4
Al-Halbousi and Plaschaert stress the importance of completing the constitutional entitlements
2022-01-26 | 13:40
Parliament Speaker Muhammad al-Halbousi and the UN envoy to Iraq, Jenin Plasschaert, stressed the importance of completing the constitutional entitlements.
Al-Halbousi's office said in a statement, "The Speaker of Parliament received, today, Wednesday, the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennis-Plasschaert, and the meeting discussed developments in the political and security situation in the country."
He added that the two sides stressed "the importance of completing the constitutional dues and forming a new government that meets the requirements of the Iraqi people."
According to the statement, Plasschaert expressed her "condemnation of the missile attack that targeted Karma district and injured a number of civilians yesterday," stressing that "these actions aim to destabilize and attempt to create chaos."
*************
ARTICLE 5
Amazing benefits that you do not know from eating green onions
01/26/2022 | 7:58 pm
Green onions are vegetables that contain many nutrients that are beneficial to the health of the body, especially disease prevention.
A report published by She the People revealed that green onions are a vegetable with a high nutritional value, and it has amazing benefits, including:
Lowering blood sugar level
Green onions contain a large proportion of sulfur that helps in lowering the level of glucose in the blood, thus lowering the level of sugar in the blood.
digestion
It helps in improving the digestion process, because it contains a high percentage of dietary fiber.
good vision
Because it contains carotenoids, green onions contribute to maintaining healthy vision, in addition to containing vitamin A, which prevents vision loss.
Influenza prevention
It is considered one of the foods useful in preventing colds and flu, due to its antibacterial and antiviral properties, and also reduces excess mucus.
cancer
Green onions contain compounds such as allyl sulfide and flavonoids, which contribute to the prevention of cancer and the fight against enzymes that produce cancer cells.
*************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.
1-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground TV report] FIREFLY: The Finance Mister just came on our television channel One...he says Iraq need to show their true value.FRANK: the REER. FIREFLY: They're saying that they are losing billions a day by not having the true value...he's saying that Iraq is a stable society and we have security and we have just signed an economic meeting with Saudi Arabia but doing all these things without a true real value is basically useless to the Iraqis and to our nation. The time has come to show the real value to the world so Iraq can grow.
1-26-2022 Intel Guru MarkZ [via PDK] [I talked to an Iraqi Native in Kentucky last night, he said his family in Iraq sees the REER ( real effective exchange rate) will be changed back to an acceptable rate, for the poor Iraqi people, any day now!] It is common when taking with Iraqis…they know they will soon have this…They know how this works.
1-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] IMO the formal training of all the banks has been completed whether in Iraq or outside of Iraq...they are telling you it would be done in the early part of this year. You see article after article after article telling you the very same thing...
1-26-2022 Intel Guru BobTheTaxManThis is a government process. This is going to go through a series of things they've got to accomplish. They did get Kuwait taken care of...we are in a really good position for this to come to fruition...
1-26-2022 Intel Guru Frank26 Article: "His Excellency Dr. Al-Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, delivers a speech at the opening of the Work of the Seventh Meeting of The Undersecretaries of Arab Ministries of Finance" The CBI has turned in the official documentations for the RI. Quote: "The meeting was attended by the undersecretaries of the miniseries of finance in the Arab countries and experts from the International Monetary Fund, the World Bank...in addition to the Arab Monetary Fund..." Everybody's there...they are admitting what they are doing...
1-26-2022 Intel Guru Holly I have been asked to keep quiet so I will. My silence is good and things are happening...We are almost there...It will be worth the wait. The best is yet to come!
1-26-2022 Regular Guy Guru Vital Brad When the Iraqi dinar goes back onto the international market it's going to be an internationally recognized currency/a tradable currency so we're going to be able to take our Iraqi dinar down to a Forex bank (you'd have to look up your area which one actually trade foreign currency) and you'll see the IQD - the Iraqi dinar. You'll be able to exchange it at the going rate...and I don't think there's going to be a prior rate to the public.
1-26-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight. I am not hearing a thing except groups still believe they are being funded tomorrow evening or Friday. These are large Tier 3 and 4a groups that have aggregated currencies already. All I can say is I am hopeful. We appear to be right at “Crunch time” and need to see it happen...We are all sitting at the edge of our seats waiting for solid news.
1-26-2022 Newshound Guru PimpyArticle: "Al-Sadr after the Federal Court's decision: We are proceeding with the majority government and our door is open to those we think well of" The courts have ruled the first parliamentary session was considered constitutional therefore it continues. This is a good sign. Now that Halbousi has been nominated and has been voted in as the President of Parliament they turned about and they nominated Salih to be the president of Iraq...It looks like Salih is going to become the president of Iraq barring any other issues.
1-26-2022 Newshound Guru Kaperoni Today's Iraqi Federal Court decision appears to confirm previous parliamentary session was legit giving Al-Sadr now the momentum to move forward and begin to create a new government.
1-26-2022 Intel Guru Sheila [via MarkZ] …I am sure they are preparing to roll this blessing out to us as soon as possible. I feel this may be our week...
1-26-2022 Intel Guru MarkZ [via PDK] [Does the CBI need to set the dinar rate before we get the RV?] They will have. Keep in mind that when Kuwait changed their rate …we did not see it posted at their central bank until people were already exchanging…they had tried to hide it for about 10 days…So we may not see it at the CBI at first…but we also might…Keep in mind when Kuwait went there was no internet and they could hide it…in today’s day and age with the internet and social media…they may not be able to…we will have to see how it plays out.
Catnip's Corner:
***********
ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side; 13 pix)
The Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi meets with the leaders of West Nineveh operations to follow up on the situation of the Iraqi-Syrian border and issues several directives related to border security
The most prominent of what was stated in the speech of the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, during his visit to the border villages with Syria and his meeting with the citizens there:
We are here today to confirm that the government does not differentiate between one region and another, that the rights of the Iraqi citizen are sacred, and his security is sacred and unquestioned.
The border areas are unfortunately among the forgotten areas, which is something we reject. Those inhabited by Iraqis must provide services and protect them.
I call on the brothers in Nineveh Governorate and its district districts to act urgently and quickly to address the citizens’ problems, which are always exacerbated by every climate change in the cold of winter or the heat of summer. It secures their rights to services.
The security situation is stable and tightly controlled, and what is said here or there is just media intimidation, and from here I call on the political brothers to expedite the formation of the government in a way that meets the needs of citizens in all parts of the country and its lands, from the north to the south and from the east to the west.
Rest assured, we are with you, we have never forgotten you, and we will not forget you.. You are the wall of the homeland as well as your heroic brothers in the security services. Your cooperation and integration with them enhances security and stability, imposes the prestige of the state, and blocks all attempts to destabilize security and stability.
From you and from your adherence to your regions and villages, we derive the determination and strength, to build a homeland and a stable state that we have always dreamed of.
Media Office of the Prime Minister
26- January 2022
***************
ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Highlights of the speech of the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, during his visit to the border strip area
The most prominent of what was stated in the speech of the Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, during his visit to the border area with Syria today, Wednesday:
Our visit today comes to directly supervise the procedures and precautions in place by our heroes in the security and military forces, and our presence in this place confirms the strong presence of the state, and the readiness of our armed forces to confront any attempt aimed at tampering with the security and stability of our country.
We listened to the security briefing, and I am aware of direct and daily follow-up to the developments of various events, and I am confident in your abilities and determination to protect Iraq and Iraqis, and to confront the foolishness of terrorists outside and inside, who seek to perpetuate chaos and undermine state institutions, for their personal interests, but they were disappointed.
I say to ISIS terrorists: Do not test us, you have tried a lot and failed, and you will try a lot and will fail. You know very well that we are pursuing you, inside and outside Iraq, and you know well that the blood of the Iraqis is very precious to us, and you will pay the price for every folly you have committed.
I say to the terrorists of ISIS: You are a group of gangs that have no place among us. This is our decision and the decision of every honorable Iraqi before it is the decision of the state, the government and the security establishment. We will only accept to eliminate you and protect our land and honor.
My brothers and sons in the security forces..you are stronger today than you were yesterday, and tomorrow you will be stronger, God willing, the security of Iraq is your responsibility, and there is no complacency in the face of this great responsibility...Your blood is precious, so you must abide by the military instructions and directives, and implement them as fully as possible. .
The country is preserved and preserved when the borders are maintained and maintained, and today it is thanks to the efforts of the heroes as well. We will spare no effort to provide your needs in order to perform the tasks assigned to you to the fullest.
Our directives to commanders, officers, and officials of the various units that the discipline of the forces and ensuring the implementation of the drawn plans are your responsibility.
You must bear your full responsibilities, do not be negligent, our morale is solid thanks to you, and no media intimidation shakes you.. Your potential, capabilities and fighting spirit are high enough to eliminate any attempt or foolishness, and this is what the terrorists must realize starting from here from the border line, and in every spot. from the land of Iraq.
Media Office of the Prime Minister
26- January 2022
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ARTICLE 2-A (from Government of Iraq twitter account)
Highlights of PM @MAKadhim'sspeech to Iraqi security forces during his visit to the Iraq-Syria border strip in Nineveh province:
PM @MAKadhimi: Our visit today is to see the procedures and defences put in place by our heroes in the security and military forces.
PM @MAKadhimi: I have confidence in your abilities and determination to protect Iraq and Iraqis, and to confront the foolishness of terrorists abroad and within, who seek to perpetuate chaos and undermine state institutions for their own interests.
PM @MAKadhimi: I say to Daesh terrorists, you are a group of gangsters that have no place amongst us. This is our resolve and the resolve of every honorable Iraqi, before it is that of the state. We will eliminate you and protect our land and honour.
PM @MAKadhimi: My brothers and sons in the security forces, today you are stronger than you were yesterday, and tomorrow you will be stronger still, God willing. The security of Iraq is your responsibility, and there is no room for complacency in this great endeavour
PM @MAKadhimi: The country is protected when its borders are secured, and today they are, thanks to the efforts of our heroes. We will spare no effort in meeting your needs in order for you to perform the tasks assigned to you.
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ARTICLE 2-B
Cabinet decides to transfer ownership of the land of Al-Rasheed Theater to the Ministry of Culture
26 Jan 2022 - 1:03 pm
The Cabinet held its regular meeting on Tuesday, under the chairmanship by Prime Minister Mustafa Al-Kadhimi.
At the start of the meeting, the Prime Minister extended his condolences to the families of the heroic martyrs who gave their lives defending the homeland and its people against attempts by Daesh terrorists to destabilise the country’s security and stability.
The Prime Minister affirmed that the attempts by terrorists will fail, and that they will not find a place to shelter them in Iraq or abroad. The Prime Minister added that Iraqis will work with their friends to pursue terrorists everywhere.
The Cabinet hosted the Deputy Commander of Joint Operations, Lieutenant-General Abdul-Amir Al-Shammari, and the Commander of the Border Forces, to review the current situation atIraq’s borders, the security plans for securing them and the requirements to increasethe capabilities of our forces to meet all security challenges.
The Cabinet meeting also hosted senior staff from the Ministry of Electricity to discuss the electricity crisis in the country.
the Ministry of Electricity’steam presented a comprehensive plan for the electricity sector,including sloutions and requirements.
The Cabinet then reviewed the ongoing measures in relation to Covid-19, including ensuring the availability of vaccines.
Following discussions, the Cabinet decided to:
Transfer the ownership of the land on which Al-Rasheed Theater is built from the Ministry of Construction, Housing, and Municipalities, to the Ministry of Culture – Department of Cinema and Theater, and to amortize the cost.
Direct the Ministry of Finance to provide 15 billion dinars to the Ministry of the Interiorto enhance security and start the second phase of the construction of theconcrete barriers in the area between Wadi Al-Ajeeh to Umm Jerais for a distance of 50 km.
Authorize the Ministry of Migration and Displaced tocontinue to operate by Cabinet Resolution (No 9 of 2021) to meet the needs of displaced people and returning families from IDP camps, until the issuance of the Federal General Budget Law for the fiscal year
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ARTICLE 3
Iraq.. Confirmation of the legitimacy of Parliament Speaker paves the way for the government
1-26-2022 around 2 pm Eastern
Baghdad - Sky News Arabia
As was widely expected, the Federal Supreme Court of Iraq decided, on Tuesday, to reject the challenge to the constitutionality of the first session of the new Iraqi parliament, in a step that would strengthen the position of the poles of the tripartite agreement in the country and weigh the option to proceed with the formation of a national majority government, according to what he confirmed. The leader of the Sadrist movement, Muqtada al-Sadr, after the court's decision.
Al-Sadr, in a tweet on "Twitter", welcomed the judiciary's decision to confirm the legitimacy of the first parliament session, saying, "We are proceeding with the formation of a national majority government."
The official Iraqi News Agency stated that the Federal Court decided to reject the challenge to the constitutionality of the first session of Parliament, which alleged that there were violations of the constitution in the session.
She added that MP Khaled Al-Daraji presiding over the first parliament session does not contradict the provisions of the constitution, and the court decided to cancel the state order for the temporary suspension of the Presidency of the Parliament.
To comment on the post-binding Federal Court decision, and its effects and repercussions on the shape and nature of the upcoming course of events, Raed Al-Azzawi, head of the Al-Amsar Center for Strategic Studies, said in an interview with Sky News Arabia, "The decision is self-evident and completely expected."
legal safety
Al-Azzawi added that the first session was sound and legal in terms of form and content, "and the appeals and skeptical defenses submitted to the Federal Court were not valid to an extent that prompted the court to be convinced and adopt it, and thus the process will continue in accordance with the constitutional procedures and stations, to complete the rest of the entitlements related to the election of the President of the Republic and from Then choose the prime minister.
Al-Azzawi, a professor of international relations at the American University in Cairo, adds, "The constitutional period for electing the president of the republic ends on February 9, and perhaps the Kurds will agree on a unified vision and one candidate for the presidency of Iraq, as it is their share."
And the researcher added, "In my opinion, the differences between the Democratic Party and the Patriotic Union of Kurdistan will end. Everyone, and I mean here specifically the Sadrist movement and the Sunnis, do not want the Kurds to fall into the trap of incompatibility and division among themselves, but rather to be in agreement and for the new Iraqi president to be chosen in a way that satisfies a different the parties".
And then we will go to the most important step, which is choosing the prime minister, and it is clear here that the coordination framework, if it remains on its current position, will lose the opportunity to participate in choosing the prime minister, an opportunity that Al-Sadr presented more than once in an attempt to bored the Shiite house, but the framework eludes and rejects, and in general It is in everyone’s interest that things do not go into a dead end with regard to the consensus between the various political books, especially the Shiite bloc.”
And he continued, "But it seems that things are heading in light of the tireless insistence on not participating, towards the Sadrists and the Alliance of Progress of resolve, and the Kurds in choosing the next prime minister, assigning a personality acceptable from all sides and forming a government based on the principle of preserving the homeland and citizenship, away from regional and internal conflicts." .
Calculations and reconciliations
For his part, writer and journalist Maher Al-Hamdani said in an interview with "Sky News Arabia" that "completing the first step in the path of electing the three presidencies, which is choosing the speaker of parliament, is the easiest, and it was not a surprising step, as the Sunni component that deserves the position, It came by consensus on one name and with one bloc, so it was easy for Shiites and Kurds to vote for it with ease.
Al-Hamdani said that "there are two major battles, namely the Kurdish battle over the presidential candidate, and the Shiite battle over the prime ministerial candidate, wondering, 'Can the Kurds present a single candidate without entering into differences between the two main parties, the Democratic Party and the Patriotic Union of Kurdistan, and will we witness the opposite of that, the contract being broken? The unwritten between the two parties, which has become customary, stipulates that the Union obtain the presidency of the republic in Baghdad, in exchange for the Kurdistan Democratic Party taking over the presidency of the Kurdistan region in Erbil?
And the Iraqi writer and journalist continues, "This time, the choice of the president of the republic will cast a direct and thick shadow over the choice of the prime minister and its disclosure. .
He expected the establishment of a new political equation for the first time in Iraq, which is the equation of the majority government, and we will witness the birth of a real opposition within Parliament formed by the coordination framework in cooperation with the Patriotic Union of Kurdistan, "and some different Sunni forces with the Alliance of Progress Azm, perhaps led by Mahmoud al-Mashhadani and his allies."
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ARTICLE 4
Al-Halbousi and Plaschaert stress the importance of completing the constitutional entitlements
2022-01-26 | 13:40
Parliament Speaker Muhammad al-Halbousi and the UN envoy to Iraq, Jenin Plasschaert, stressed the importance of completing the constitutional entitlements.
Al-Halbousi's office said in a statement, "The Speaker of Parliament received, today, Wednesday, the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennis-Plasschaert, and the meeting discussed developments in the political and security situation in the country."
He added that the two sides stressed "the importance of completing the constitutional dues and forming a new government that meets the requirements of the Iraqi people."
According to the statement, Plasschaert expressed her "condemnation of the missile attack that targeted Karma district and injured a number of civilians yesterday," stressing that "these actions aim to destabilize and attempt to create chaos."
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ARTICLE 5
Amazing benefits that you do not know from eating green onions
01/26/2022 | 7:58 pm
Green onions are vegetables that contain many nutrients that are beneficial to the health of the body, especially disease prevention.
A report published by She the People revealed that green onions are a vegetable with a high nutritional value, and it has amazing benefits, including:
Lowering blood sugar level
Green onions contain a large proportion of sulfur that helps in lowering the level of glucose in the blood, thus lowering the level of sugar in the blood.
digestion
It helps in improving the digestion process, because it contains a high percentage of dietary fiber.
good vision
Because it contains carotenoids, green onions contribute to maintaining healthy vision, in addition to containing vitamin A, which prevents vision loss.
Influenza prevention
It is considered one of the foods useful in preventing colds and flu, due to its antibacterial and antiviral properties, and also reduces excess mucus.
cancer
Green onions contain compounds such as allyl sulfide and flavonoids, which contribute to the prevention of cancer and the fight against enzymes that produce cancer cells.
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We are here today to confirm that the government does not differentiate between one region and another, that the rights of the Iraqi citizen are sacred, and his security is sacred and unquestioned.