WOTS WED JAN 5 22 Iraq receives invitations from 6 countries to establish new industrial cities
These are the articles I discussed on the My FX Buddies Podcast
In Numbers... An Economist Reveals The Fate Of Last Year's Budget Surplus
The economic expert, Dia Al-Mohsen, confirmed, on Tuesday, the existence of corruption and failure of the government in managing the financial aspect and its failure to manage the country’s economy within the budget of the past year, describing its claim of a rise in the central bank’s reserves as a “lie.”
Al-Mohsen said in a statement to the "Information" agency, that "the data indicated the existence of failure, failure and great financial corruption by the caretaker government in managing the budget of the past year, since there were about 33 percent of the budget's funds of unknown fate," noting that "the government is responsible for the disappearance of those funds." money.”
He explained that "the budget of the past year was approved in the amount of 128 trillion dinars, and the actual expenditure for the investment and executive sectors was 90 trillion, which means that there is a surplus of 38 trillion dinars whose fate is unknown," wondering, "Are there final accounts prepared by the ministries with regard to expenditures within that budget and the ways of spending them?" “.
He pointed out that "the government's claim of a rise in the central bank's reserves of hard currency is a lie because it came through an increase in the dollar exchange rate in local markets, as well as an increase in oil prices in global markets."
Cougar expects the budget approval date..Does it include job grades?
A member of the former Parliamentary Finance Committee and the winning deputy, Jamal Cougar, suggested, on Tuesday, the approval of the draft financial budget law for 2022 next June, indicating that the budget will not differ from its predecessors.
Cougar said in an interview with the official "Al-Sabah" newspaper, "The lack of a budget for this year is incorrect, and the issue is far from the constitutional timing, because without a budget, it means that the new government will be a (caretaker) government and will not implement its government program, and if it does not implement it, it means that A quarter of her life has passed without implementing her government program, expecting that "the 2022 budget will be approved next June."
He added that "this year's budget will not contain anything new and will not differ from the previous one and will be similar to others, because the new government will not have room for creativity and the old government is the one who set the budget."
Regarding the Cabinet’s decision to create job grades, Cougar stated that “the funds for these grades are supposed to be included in the 2022 budget, but if the installation is according to (deletion and creation), it is possible, but any new installation is not possible.”
An explosive device targets a convoy of the International Coalition in Baghdad
On Tuesday, January 4, 2022, a logistical support column belonging to the International .Coalition was attacked with an explosive device in Baghdad
A security source said that the explosion of an explosive device targeted a logistical support convoy belonging to the international coalition while it was passing within the southern borders of Baghdad governorate, without .causing any casualties
The Sadrist Movement: We discussed with the leader Barzani and put the points on the letters
The Sadrist movement disclosed, on Tuesday, the details of its talks with Kurdish leader Massoud Barzani, during the meeting he held in Erbil.
The Sadrist movement said in a statement received by Shafaq News Agency, "The head of the Sadrist negotiating delegation, Hassan al-Adhari, met with Kurdish leader Massoud Barzani during an official visit to the Kurdistan Region. ?
The statement quoted Al-Adhari as stressing "the necessity of forming a national majority government with the participation of the winning parliamentary blocs, as well as creating a strong opposition under the dome of Parliament."
The statement pointed out that "the meeting took place in a positive and optimistic atmosphere, as well as the two parties' stress on the importance of putting points on letters and striving to save the homeland."
And earlier today, Tuesday, the Kurdistan Democratic Party, the largest party in the Kurdistan Region, mortgaged its position on forming the new federal government with the outcomes of the talks between the two political poles of the Shiite forces in Iraq represented by the Sadrist movement, and the coordination framework.
"So far, we do not support any party, whether the Sadrist movement or the coordination framework," party spokesman Mahmoud Muhammad said in a press conference held today after a meeting with the Sadrist movement's delegation.
He added, "The Sadrist movement supports the formation of a national majority government, and the framework is with a political majority, and we are waiting during these two days to where the results of their talks will reach."
Regarding the meeting to be held between the two main parties in the Kurdistan Democratic Region and the Patriotic Union of Kurdistan, Muhammad said: We have a common vision with the Patriotic Union and a common project, but we need to update relations to find a Kurdish working paper to discuss with the Sunni and Shiite parties in Baghdad.
On the positions, the KDP spokesman said that the issue of distributing them between the two parties is not within the powers of the committee that will meet tomorrow, but rather within the authority of the two political offices, and they will decide these positions, including the position of the President of the Republic.
Iraq: Iran's allies bargain to remove Al-Kazemi from the government
The area of differences between the Iraqi political forces is still wide over the formation of the new government and the nomination of the new presidents of Parliament and the Republic, with the influential parties in the political scene continuing to adhere to their positions, according to what three Iraqi political sources in Baghdad and Najaf confirm to Al-Araby Al-Jadeed, suggesting that new mediations will enter To put forward initiatives about the crisis in the next few days.
Expectations of an open session of the Iraqi parliament
Amid expectations that the first session of Parliament, scheduled for the ninth of this January, will turn into an open session that may last several weeks before reaching a comprehensive political agreement, the sources talked about the continued adherence of the “coordinating framework” forces to the conditions of a consensual government and the refusal to renew a second term for any of the three presidencies.
The "coordinating framework" includes the "State of Law" coalition led by Nuri al-Maliki, "Al-Fath" led by Hadi al-Amiri and other blocs usually described as close to Tehran.
On the other hand, the leader of the Sadrist movement, Muqtada al-Sadr, insists on the option of the majority government and that his bloc (the Sadrist movement) name the new government, according to the elections' due date, as he came first with 73 seats, far ahead of his closest rivals from the Shiite Arab political forces that have established political custom in the country. Since 2003 to be the prime minister of them.
The names are being put forward for the purpose of removing any chance of renewal for Mustafa Al-Kazemi
The past few days witnessed a wide political movement in both Baghdad and Najaf, between different political forces, with the aim of arranging a new meeting between Muqtada al-Sadr and leaders and representatives of the "coordinating framework" forces, in the coming days, in the hope of reaching preliminary understandings about the form of the new government, and the issue of the "bloc bloc". "The Greater" within the Iraqi parliament, which the constitution granted the right to form a government.
This move came after the failure of the second meeting between the two parties in the city of Najaf , last Wednesday, as it ended without any tangible results, and a press conference that was scheduled after the meeting, which lasted for about two hours, was canceled at Al-Sadr's house in the old Najaf.
Refusal to renew Mustafa Al-Kazemi
According to the same sources, the leaders of the "Coordination Framework" officially informed Al-Sadr of their refusal to renew the mandate of Prime Minister Mustafa Al-Kazemi, after indications by those forces that Al-Sadr does not oppose the renewal of Al-Kazemi's mandate, as he is a settlement candidate who is not affiliated with any political party.
A prominent deputy in Parliament, who participated in the first meeting held between Al-Sadr and the Coordination Framework Forces in Baghdad last month, told Al-Araby Al-Jadeed, "Any signs of understanding or agreement have not been nominated so far, and there is no validity for any mediation initiative, not from Najaf." The Marja’iya of Sayyid Ali al-Sistani), nor from Tehran.
The deputy, who asked not to be named, added that "the move must be to persuade al-Sadr to abandon the demand of the majority government, and to choose what everyone supports, and it is a consensual government in which the winning forces participate in a clear government program for four years," adding that "any government far from consensus, It will not last more than 6 months.
Another deputy confirmed, in contact with Al-Araby Al-Jadeed, that "so far, there is no agreement on any candidate for prime minister, but the names are being put forward for the purpose of removing any opportunity for renewal for Mustafa Al-Kazemi, who is rejected by political forces in the coordinating framework."
So far, there is no agreement on the name of any candidate for prime minister
The names circulated to take over the presidency of the Iraqi government
For his part, the leader of the "Al-Fateh" coalition (the political wing of the Popular Mobilization), Mukhtar Al-Moussawi, said in an interview with Al-Araby Al-Jadeed, "The most prominent names currently circulating to take over the presidency of the new Iraqi government are Haider Al-Abadi (former Prime Minister), and Asaad Al-Eidani. (Basra Governor) and Ali Shukri (former Minister of Planning) There are also political parties within the coordination framework that raise the name of Nuri al-Maliki."
Al-Moussawi explained that "these names, in order to be agreed upon, must be officially presented to the rest of the Sunni and Kurdish political forces, but so far there has been no agreement or official proposal for the name of any candidate."
Al-Moussawi added that "the agreement on the name of the prime ministerial candidate for the next phase will take place after agreeing on the form of the government. Especially since there is no political objection to these names."
The Sadrist movement insists on a majority government
On the other hand, the leader of the Sadrist movement, Riyadh Al-Masoudi, said in an interview with Al-Araby Al-Jadeed that "the Sadrist movement has not yet put forward the name of its candidate for prime minister, because dialogues are taking place and negotiations are still going on with all political parties regarding this matter. But the current has A lot of people are qualified for this position."
And Al-Masoudi indicated that "some political forces have put forward names for candidates for prime minister, such as Asaad Al-Eidani, Haider Al-Abadi, Ali Shukri and others, but the right to nominate the new prime minister remains for the Sadrist movement, as it constitutes the largest bloc so far and the party that won the highest seats in the new parliament."
He stressed that "the Sadrist movement is still adamant and is working to form a majority government, not a consensual government, and the prime minister will be chosen by the Sadrist movement and the forces that will be within its major bloc."
He pointed out that "the Sadrist movement is looking for a prime minister who is able to implement what he promises, and is not looking for the names of personalities who are satisfactory and supported by internal or even external forces."
Al-Moussawi: Agreement on the name of the prime ministerial candidate for the next phase will take place after agreeing on the form of the government
Burn the names of the candidates
In the context, the expert in Iraqi political affairs, Ahmed Al-Sharifi, said, in connection with Al-Araby Al-Jadeed, that "there are well-known political forces that put the names of some personalities as candidates for prime minister, in order to burn these names and prevent them from becoming prime minister, as they want a prior rejection of them." At the political or even popular level.
Al-Sharifi expected that "political parties will push the Iraqi street to demonstrate to reject some candidates for prime minister, especially since the names currently nominated were candidates in previous periods, but were rejected by the Iraqi street."
The disclosure of the names of some candidates for prime minister came after the Iraqi President, Barham Salih, called the new parliament to hold its first session on the ninth of this month, three days after the country's Federal Supreme Court announced the ratification of the election results
The oldest member: The first parliament session will remain for deliberation in the event that a new president is not chosen
The oldest member of the new parliament, Mahmoud al-Mashhadani, clarified today, Monday, the procedures followed when not choosing the presidency of the parliament in the first session, while indicating that no decision has been taken so far to hold the session in the morning or evening.
Al-Mashhadani said, "The House of Representatives will hold its first session on January 9 to take the constitutional oath and choose a president and his two deputies," noting that "there is no open session according to the decision of the Federal Court."
He added, "The parliamentary blocs will seek to choose the permanent speaker of the House of Representatives in the first session, and if we do not succeed in that and there were problems and the blocs did not agree, there must be a legal way out, which is to keep the session for deliberation without closing it until the political blocs agree," explaining that "the decision In the Azm bloc, to which we belong, is the election of the Speaker of the House of Representatives in the first session, as it is in the constitution.
He continued, "We have not yet taken a decision on whether to hold the session in the morning or in the evening," noting: "I have an upcoming meeting with the chief of the court to determine the features of the session."
He stated that "an alliance of determination continues with all blocs to discuss a mechanism and best scenarios for the first session," describing "the first session of Parliament as the most dangerous."
Iraq receives invitations from 6 countries to establish new industrial cities
Director of the Industrial Cities Authority in the Ministry of Industry, Hamid Awad Muhammad, revealed, on Tuesday, that Iraq had received invitations from Iran, Saudi Arabia, Kuwait, Egypt, Syria and Turkey, to establish new industrial cities.
Muhammad indicated, "Meetings were held with delegations of most of these countries during the past two weeks at the Industrial Cities Conference held in Syria to discuss this matter, while the meeting took place with Turkey to establish an economic city in northern Iraq on the border separating the two countries."
Regarding the economic city with Jordan, Muhammad confirmed, "All procedures are completed and approvals are obtained from the General Secretariat of the Council of Ministers to allocate the land. Currently, the authority is preparing for the feasibility study phase and preparing the basic designs for the city by an international organization to be announced for development by contracting with international, international and regional companies, and transforming the area into Attractive to investors, industrialists and manpower.
Muhammad explained, in a statement to the official "Al-Sabah" newspaper, which was followed by Mawazine News, that "the economic city between Iraq and Jordan is an industrial development city and a free zone for trade exchange, and its area on the Iraqi side is 4800 acres and the same on the Jordanian side."
Al-Rafidain announces the resumption of its work in Baghdad and the provinces
Al-Rafidain Bank announced, today, Tuesday, the resumption of its business in Baghdad and the provinces.
Al-Rafidain Bank had announced, earlier, the suspension of withdrawals and deposits from savings accounts from December 23 to January 3.
He explained that the suspensions come in order to pay the annual accounts, calculate the interests of savings accounts, as well as organize budgets
Will 2022 Be Without A Budget?
The previous Parliamentary Finance Committee denied, on Tuesday, statements that talked about the expectation that the current year 2022 will be free of the budget due to the delay in Parliament and the absence of a government, likely to be approved in the month of next June.
And the former member of the Finance Committee and the winning representative for this session, Jamal Kougar, said in an interview seen by / the information /, that “the absence of a budget for this year is incorrect, and the issue is far from the constitutional timings, because without a budget it means that the new government will be a (caretaker) government.” It will not implement its government program, and if it does not implement it, it means that a quarter of its life has gone without implementing its government program,” he said, expecting that “the 2022 budget will be approved in next June.”
He added that "this year's budget will not contain anything new and will not differ from the previous one and will be similar to others, because the new government will not have room for creativity and the old government is the one who set the budget."
Regarding the Cabinet’s decision to create job levels, Cougar stated that “the funds for these degrees are supposed to be included in the 2022 budget, but if the installation is according to (deletion and creation), it is possible, but any new installation is not possible.”
He explained that "according to the statements of the Minister of Finance that Iraq will lay off its employees after ten years, this means that the numbers are large, and according to international standards, the number of employees in Iraq is eight times the rest of the countries.
A proposed roadmap for the economic reform of the new government
All of Iraq's political, security, economic and social problems lie in finding effective solutions to economic problems, and this means that the next government will be based on the adoption of clear foundations, policies and programs that are considered a roadmap for economic reform and a radical and comprehensive change to the previous methodologies for reform, most of which were diagnosed in the white paper and that these policies Unfortunately, nothing significant has been
achieved in the past years.
Therefore, we include below our proposals for the roadmap for the methodology of economic reform in the next phase of the new government:
First, the adoption of a new methodology for managing the economy and achieving the central goal of creating sustainable development, achieving diversity in
resources, and developing economic and human structures for the sound construction of the national economy and building introductions to the transition to a market economy social.
Secondly, relying primarily on the management and distribution of public money in a transparent and fair manner, provided that the beneficiary of the results and outputs is the citizen.
Third - Activating the Higher Committee for Economic and Financial Reform, and adding to its membership representatives of the private sector, provided that a special system is established for it that is binding on the ministries to implement their decisions. His first task is to set policies and mechanisms to diversify the sources of financing the public budget and not rely on oil only.
Fourth ‐ Implementation of the principle (centralization of planning and decentralization of implementation), and this means that the Supreme Committee for
Economic and Financial Reform takes charge of drawing plans and policies centrally and approving them by the Council of Ministers and distributing their implementation to specialized councils for reconstruction, investment and implementation of development projects in the economic and human fields. These
councils are: ‐
* The Private Sector Council
* Reconstruction Council
* Small and Medium Enterprises Development Authority
* Public Service Council
* Council to support and protect the local product, as well as to achieve sustainable economic development, create and prepare the investment climate for local and foreign investors, motivate and encourage them, and guarantee their contractual rights to attract their capital and protect them from the pressures of spoilers.
Fifthly, providing soft loans to finance small, medium and large projects and establishing a legal and institutional system for their management, development and development, as well as issuing and amending laws of the legal environment to organize the economic process, which here means issuing new laws instead of the laws issued in 2004 by the American Civil Governor Paul Bremer.
Sixth - Activating investment in the agricultural and industrial sectors, energy, tourism, services and housing, as well as working on reforming, developing and developing the banking sector through monetary policy applications, regulating the relationship and restrictions that govern financial and monetary policies, as well as a serious approach to reforming the financial system, clarity of financial policies, and automation of the customs and tax sectors. Addressing cases of failure to achieve the required growth rates in national income and to overcome the rise in unemployment and poverty rates.
* Advisor to the Association of Iraqi Private Banks
December 5th 2022
A source reveals the names of the most likely candidates for the post of Prime Minister
A political source revealed, today, Tuesday, the most likely candidates for the post of Iraqi Prime Minister.
The source told "Earth News", "The most likely candidates for the position of Prime Minister are Haider al-Abadi, Muhammad Tawfiq Allawi, and Mustafa al-Kazemi."
The source added that "understandings and meetings are still continuing between the forces of the coordination framework and the Sadrist movement to form the largest bloc in Parliament."
And a political source said, earlier today, Tuesday, that the leader of the Sadrist movement stipulated several points on the leaders of the coordination framework for the purpose of forming the largest bloc, and while noting that the framework made pledges to al-Sadr, he suggested that the formation of an alliance between al-Sadr and the framework under the title “the largest bloc” was likely.
The source told "Earth News", "The framework forces pledged to the leader of the Sadrist movement, Muqtada al-Sadr, not to delay corruption files for more than 45 days, as part of their efforts to ally with the Sadrist movement and participate in the next government."
He added, "The response came from al-Sadr that the (factions) must be dissolved and the mobilization preserved, and that the prime minister be nominated alone, while giving the framework the right of veto against one of the five candidates, and if the framework is accepted, al-Sadr will accept the participation of all parties to the framework in the government."
The source indicated that "Al-Sadr was angry at the amendment of the paper that was submitted to the framework, but the discussion between the two parties ended in great agreement, which confirms the presence of great signs for Al-Sadr's prospects with the framework's forces to form the largest bloc.
The Shiite House Is Complete.. The Movement Will Join The Coordination Framework
The winning candidate for the State of Law coalition, Hussein Nima, confirmed, on Wednesday, the close agreement between the Sadrist bloc led by Muqtada al-Sadr and the coordination framework.
Nima said in a statement to the "Information" agency, that "the Shiite house is in great quest to enter parliament as a strong and cohesive Shiite bloc," noting that "the Sadrist bloc will enter parliament accompanied by the coordinating framework."
He added that "the Shiite house will unite to lead the next government and will enter parliament as a strong Shiite bloc, and forming the new government is one of the priorities of the Shiite house."
The former representative of the victory coalition, Nada Shaker, indicated, earlier, that the meeting of the framework forces at the house of the head of the victory coalition Haider al-Abadi came as a continuation of the discussions related to forming the largest bloc and the next government, indicating that the framework forces reached 83 to 86 seats and could form the largest bloc.
Yesterday, Tuesday, the Asa'ib Ahl al-Haq movement confirmed that the coordinating framework had agreed with the leader of the Sadrist movement, Muqtada al-Sadr, to preserve the largest Shiite bloc, to form a consensus government
Parliament Completes Preparations For Holding The First Session Of The House Of Representatives
The Secretary-General of the House of Representatives, Sirwan Abdullah Serini, announced that all procedures have been completed to hold the first session of the House of Representatives in its fifth session on the scheduled date next Sunday morning.
The Secretary-General said, according to the official agency, that "the General Secretariat of the House of Representatives has completed all the security, administrative and technical procedures and preparations for holding the first session of the House of Representatives in its fifth session, on schedule, next Sunday morning."
He pointed out that "a meeting was held this morning with the head of the age to discuss these procedures and give an explanation of the paragraphs listed on the meeting's agenda and inform him of the steps by which the voting process will take place on the Speaker and his two deputies.
Iraq acquires ExxonMobil's stake in West Qurna field
Today, Wednesday, the Council of Ministers approved the acquisition by the National Oil Company of ExxonMobil's stake in the West Qurna field.
And Oil Minister Ihsan Abdul-Jabbar Ismail said in a statement received by the Iraqi News Agency (INA), that "the Cabinet approved the National Oil Company's acquisition of ExxonMobil's share in the West Qurna/1 field."
The statement added, "The West Qurna field is one of the giant fields.
Al-Fayyad arrives in Erbil and immediately meets Masoud Barzani
The Kurdish leader, Masoud Barzani, met today, Wednesday, the head of the Popular Mobilization Committee and the leader in the coordination framework, Faleh Al-Fayyad, in Salah al-Din to discuss political developments.
A source in the media office of Al-Fayyad told Shafaq News Agency, that the latter had arrived earlier today in the city of Erbil, the capital of the Kurdistan Region, and then went directly to the residence of the leader Barzani.
Since the approval of the Federal Supreme Court - the highest judicial authority in Iraq - on the results of the early elections that took place in October of the year 2021, the political forces in the country, including Shiites, Kurds, and Sunnis, have embarked on talks to form the federal government through meetings they gathered in Baghdad, Najaf and Erbil. .
The leader of the Sadrist movement, Muqtada al-Sadr, whose bloc won the highest seats in the recent elections, wants to form a national majority government, while the coordination framework that includes Shiite political forces rejecting the election results rejects the formation of a consensus government similar to previous governments formed after 2003.
The Kurdish and Sunni political forces refuse to support the position of one of the Shiite poles represented by the Sadrist movement, and the coordination framework at the expense of the other, and demand the necessity of agreement between them to proceed in forming the new federal government.
Al-Sadr presents in front of the frame five candidates for prime minister.. Three of them exited the competition, and only two remained.. Who are the two candidates?
Iraq is witnessing an unexpected political breakthrough, after Muqtada al-Sadr lowered the ceiling of his political vision to meet the next stage.
A "road map" was drawn up, which he and the other Shiite parties followed to raise the chances of the success of the Iraqi parliament meeting on the ninth of this month, to take the oath and prepare for the selection of the council's president and his deputy, and the nomination of the next president of the republic.
Al-Sadr presented the names of his candidates for prime minister, as he holds the largest number of parliamentary seats among the new Shiite bloc, which will include all Shiite parties that choose the prime minister of Iraq.
... On Monday night - Tuesday, a meeting was held, attended by the majority of Shiite leaders, to discuss the proposals submitted by Al-Sadr and exchange ideas presented by the "coordinating framework" that represents the majority of other Shiite parties.
A leading source in Baghdad who participated in the meeting said that al-Sadr had presented a vision of 12 items related to fighting corruption, the fate of the armed factions, the future of the Popular Mobilization Forces and unarmed weapons.
The "coordinating framework" discussed all the items, responded to them, and found al-Sadr attentive, who said that he would amend his reform paper to suit everyone.
The leader of the Sadrist movement and other Shiite parties agreed to go to Parliament by consensus to announce the largest bloc supported by all Shiite parties involved in political work.
This gives the Shiite coalition the right to name the prime minister and agree with the Sunnis to elect the speaker of parliament, and with the Kurds to choose the president of the republic, who will assign the largest bloc to appoint the new prime minister.
The "coordinating framework" agreed to al-Sadr's request that he choose the next prime minister, provided that he submit five names for discussion, one of which is agreed upon by all the gathered Shiite parties. It featured Asmaa Mustafa Al-Kazemi, Muhammad Tawfiq Allawi, Haider Al-Abadi, Ali Douai and Hamid Al-Ghazi. However, the last two names owe to belonging to the Sadrist movement, and therefore they are almost certainly not approved by the other Shiite parties.
As for Allawi, it is certain that Nuri al-Maliki refuses to name him because of the strong dispute between the two, which gives the great fortunes of Abadi and Al-Kazemi.
It seems that Al-Kazemi is the one who got the most votes so far after Al-Maliki visited him and announced his approval of him more than any other candidate, and therefore matters are related to Al-Sadr's presenting other names or being satisfied, by the "coordinating framework", with the name that everyone agrees on.
The political process is proceeding according to the framework set for it, and consequently, it is expected that political matters will ease as long as the Shiite leaders agreed not to fight each other and to go under one umbrella to Parliament in its first session after the approval of the results of the parliamentary elections.
Undoubtedly, the supreme authority in Najaf, blesses the removal of the Shiite-Shiite dispute that has escalated in the recent period and the agreement on the program to end corruption and fight it and make power in the hands of the state exclusively after the departure of all foreign forces from Iraq... But the lesson remains in performance and application and the ability of Sadr On the success of the next government and the achievement of the desired goals promised to the Iraqi people and its voters.
The Pentagon: US Forces In Iraq Are Still In Danger
The Press Secretary of the US Department of Defense, John F. Kirby, admitted that the US forces in Iraq are still in a dangerous environment despite their “mission shift” in the country.
And the website of the US Department of Defense quoted Kirby as saying in a press conference that "despite the change in the mission of the US forces in Iraq, the forces are still in a dangerous environment and they retain the ability to defend themselves."
And the report added, “The mission of the American forces in the country shifted from fighting to providing advice and assistance two weeks ago under an agreement between the United States and Iraq. However, the forces that advise and assist the Iraqi forces are at risk.
Kirby added that "the strikes on the missile launch sites were not air strikes, and US forces bombed the sites to ensure that no missiles were fired at coalition forces," he claimed, "noting that" it is clear that our men and women are still in harm's way. We must take this threat seriously. We always have the right to self-defense.”
He continued, "We are still seeing threats against our forces in Iraq and Syria from the factions, but again, I do not have a specific backing on who is responsible for these exact locations, but they constitute a source of concern to us about the safety of forces in the region."
The dollar exchange rate on the local stock exchange on Wednesday (January 5, 2022), according to the monitoring of specialists.
Baghdad - the stock exchange
147,850
....
The price in most Baghdad exchanges
Purchase
147,500
sale
148,250
————————
Basra - Bursa
147,900
————————
Mosul - Bursa
147,900
———————
Erbil - Bursa
147,900
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1431.8000 |  1484.9000 | 1457.1000 | 1457.0000 | 1457.0000 | -0.9000 | 10:23 |
| USD/VND | 22755.0000 | 22765.0000 | 22823.6800 | 22776.9900 | 22823.6800 | -53.5200 | 22:11 |
| USD/CNY | 6.3535 | 6.3555 | 6.3543 | 6.3522 | 6.3539 | -0.0005 | 05:14 |
| USD/KWD | 0.3022 | 0.3032 | 0.3025 | 0.3023 | 0.3025 | -0.0002 | 04:56 |
| GBP/USD |  1.3539 | 1.3539 | 1.3554 | 1.3522 | 1.3525 | 0.0013 | 05:14 |
| USD/IRR | 42025.0000 | 42525.0000 | 42245.5000 | 42229.7000 | 42245.5000 | 3.4000 | 00:00 |
| USD/IDR | 14359.0000 | 14382.0000 | 14384.0000 | 14340.0000 | 14343.0000 | 26.0000 | 05:11 |
Rise of Cybermen: Nimble robot can open bottle, give injection, lift 65lbs...
Cutting edge humanoid...
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Fed Minutes Eyed for Details on Rate Liftoff, Shrinking Assets
Bank Fees for Green Debt Surpass Fossil-Fuel Financing
Oil is falling as US fuel stocks rise
Oil prices fell on Wednesday, with a rise in fuel stocks in the United States, which raised fears of a decline in demand in the world's largest oil consumer amid a massive escalation in cases of the Covid-19 virus caused by the Omicron type.
The American Petroleum Institute (API) reported late Tuesday that US gasoline stocks rose by 7.1 million barrels in the week ended December 31, and distillate stocks rose 4.4 million barrels in the week.
Rising inventories undermined bullish expectations from investors during the previous session when the price rose more than 1% as market participants took the decision by major producers to add supply next month as a sign of confidence in a rising COVID-19 situation that won't hurt demand for long.
Brent crude futures were down 22 cents, or 0.27%, at $79.78 a barrel at 04:54 GMT after reaching $80.26 a barrel, while US West Texas Intermediate crude futures were down 24 cents, or 0.31%, at 76.77. dollars per barrel.
As expected, the Organization of the Petroleum Exporting Countries (OPEC), Russia and its allies, together called OPEC+, agreed on Tuesday to add another 400,000 barrels of supply per day in February, as they have done every month since last August.
The decision to stick with increased production reflects the group's view that Omicron will have a short-term impact on global energy demand.
"The plan to gradually restart production can move forward as OPEC+ anticipates a tighter market in the first quarter," said Edward Moya, an analyst at OANDA.
Iraq acquires ExxonMobil's stake in West Qurna field
Today, Wednesday, the Council of Ministers approved the acquisition by the National Oil Company of ExxonMobil's stake in the West Qurna field.
And Oil Minister Ihsan Abdul-Jabbar Ismail said in a statement received by the Iraqi News Agency (INA), that "the Cabinet approved the National Oil Company's acquisition of ExxonMobil's share in the West Qurna/1 field."
The statement added, "The West Qurna field is one of the giant fields.
The Pentagon: US Forces In Iraq Are Still In Danger
The Press Secretary of the US Department of Defense, John F. Kirby, admitted that the US forces in Iraq are still in a dangerous environment despite their “mission shift” in the country.
And the website of the US Department of Defense quoted Kirby as saying in a press conference that "despite the change in the mission of the US forces in Iraq, the forces are still in a dangerous environment and they retain the ability to defend themselves."
And the report added, “The mission of the American forces in the country shifted from fighting to providing advice and assistance two weeks ago under an agreement between the United States and Iraq. However, the forces that advise and assist the Iraqi forces are at risk.
Kirby added that "the strikes on the missile launch sites were not air strikes, and US forces bombed the sites to ensure that no missiles were fired at coalition forces," he claimed, "noting that" it is clear that our men and women are still in harm's way. We must take this threat seriously. We always have the right to self-defense.”
He continued, "We are still seeing threats against our forces in Iraq and Syria from the factions, but again, I do not have a specific backing on who is responsible for these exact locations, but they constitute a source of concern to us about the safety of forces in the region."
CBI Update: Just a note:
including $26,310,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
1-4-2022 Intel Guru Fleming ...We owe a HUGE THANK YOU, Iraq for moving forward with its revalued IQD in-country rate!...The Iraqi’s new Golden Dinar will take the global stage sometime through the 10th to the 15th even though they have announcements planned for the 22nd. The plan at this time is to go GLOBAL immediately with an impressive rate of over $6.00 US...
1-4-2022 Intel Guru Holly ...This is a fluid event and changes daily...We are in the final stage...We are almost there. Do not give up ever! No matter how difficult it gets, hang in there!
1-4-2022 Newshound Guru Kaperoni An article came out tonight referencing Iraq's economic successes in 2021. Primarily Iraq still has not achieved any significant steps to diversify their economy. Until that happens, there will be no change in the dinar...Iraq could be many many months away from changing the current monetary policy. Until a new government is in place, Iraq passes the laws necessary for foreign investment, and until they continue to build a diverse economy there will be no change.
1-4-2022 Newshound Guru Kaperoni An article came out tonight referencing Iraq's economic successes in 2021. Primarily Iraq still has not achieved any significant steps to diversify their economy. Until that happens, there will be no change in the dinar...Iraq could be many many months away from changing the current monetary policy. Until a new government is in place, Iraq passes the laws necessary for foreign investment, and until they continue to build a diverse economy there will be no change.
1-4-2022 Intel Guru Frank26 Article: "Likely to change the dollar exchange..Saleh: the government will amend the 2022 budget," It's nice to see this same individual no longer spreading lies that it's never going to happen - you're [Iraqi's] never going to have purchasing power. This canary is singing a new tune.
1-4-2022 Newshound Guru Petra Why they had to do two weeks of inventory right before the end of the year? ...the banks have been closed the last two weekends. The bank people had to be there to do "inventory" but it's a joke. Something is being hidden because something is being done in the background to true-up so that when the new rate does come out they're ready to rock and roll to exchange the old currency for the new...I think that's what's being lined up IMO... [Post 2 of 2]
1-4-2022 Newshound Guru Petra [Iraqi banks have been closed the past two weekends] Banks at the end of the day ledger-up all their funds. Every teller goes and takes their drawer and they go and count it, rectify it and make sure there's nothing short. They put those drawers in the vault and ready for the the next day. That information is sent to the Central Bank...For people to say we're going to take 2 weeks off to do all this accounting? Friends that accounting is done every day...Now they have a quarterly but it's all electronic now. It happens in one day... [Post 1 of 2....stay tuned]
1-4-2022 Newshound Guru Pimpy Article: "Sources: Al Sadr presents two candidates to head the government, and the likelihood is for Al-Kazemi" This article here is major...Sadr is playing 5D chess and the rest of the people are trying to catch up...whatever this move is by Sadr it seems genius - put somebody up there with him [Kazemi] that is less liked and see what they say. It looks like Al-Kazemi is going to get back in there.
1-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on the news today saying that the next government will make changes to the exchange rate. He also said the 2022 budget is waiting for the next government to be seated and that will be the very first thing we're going to do...even if approval is delayed current payout will stay until the new exchange rate is presented by the government. FRANK: I mean talk about a confession...there will be a new exchange rate, they will change the exchange rate that they have when the budget is done and when they sit the 3 presidents...the change is coming...the CBI gave the GOI the new exchange rate. That's why you're about to see the new small category notes because the exchange rate will follow right behind it or right next to it.
1-4-2021 Intel Guru MarkZ [via PDK] I hate to say it but looks like a serious nothing burger overnight. I rather expected it would be... no news from Iraq. I have spoken to many contacts since yesterday evening…They are all waiting like we are…. They believe the trigger will be pulled within the next 2 days. I am hopeful they are correct. Remember no one knows the exact timing...
1-4-2022 Intel Guru Holly ...Remember, This RV/GCR has never been done before...We are in the final stage of the roll out...I know it is very frustrating and we are beyond tired, but it will be done this month...
he exchange rate of the dollar against the Iraqi dinar in Iraq today, Tuesday 04 January 2022
The price of 100 dollars today in most Baghdad exchanges
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | 1439.2000 | 1492.4000 | 1458.2000 | 1458.0000 | 1458.2000 | 0.0000 | 09:32 |
| USD/VND | 22752.0000 | 22757.0000 | 22798.8000 | 22780.7000 | 22798.8000 | -21.0900 | 03:18 |
| USD/CNY | 6.3541 | 6.3561 | 6.3552 | 6.3531 | 6.3552 | -0.0011 | 05:20 |
| USD/KWD | 0.3023 | 0.3033 | 0.3023 | 0.3022 | 0.3023 | -0.0001 | 05:16 |
| GBP/USD | 1.3490 | 1.3490 | 1.3514 | 1.3458 | 1.3471 | 0.0015 | 05:24 |
| USD/IRR | 42000.0000 | 42500.0000 | 42243.7000 | 42226.3000 | 42243.7000 | -3.4000 | 00:00 |
| USD/IDR | 14338.0000 | 14338.0000 | 14343.0000 | 14275.0000 | 14285.0000 | 54.0000 | 05:21 |
Sci-fi medical implants here...
Monitors inside body...
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An explosive device targets a convoy of the International Coalition in Baghdad
On Tuesday, January 4, 2022, a logistical support column belonging to the International .Coalition was attacked with an explosive device in Baghdad
A security source said that the explosion of an explosive device targeted a logistical support convoy belonging to the international coalition while it was passing within the southern borders of Baghdad governorate, without .causing any casualties
Cougar expects the budget approval date..Does it include job grades?
A member of the former Parliamentary Finance Committee and the winning deputy, Jamal Cougar, suggested, on Tuesday, the approval of the draft financial budget law for 2022 next June, indicating that the budget will not differ from its predecessors.
Cougar said in an interview with the official "Al-Sabah" newspaper, "The lack of a budget for this year is incorrect, and the issue is far from the constitutional timing, because without a budget, it means that the new government will be a (caretaker) government and will not implement its government program, and if it does not implement it, it means that A quarter of her life has passed without implementing her government program, expecting that "the 2022 budget will be approved next June."
He added that "this year's budget will not contain anything new and will not differ from the previous one and will be similar to others, because the new government will not have room for creativity and the old government is the one who set the budget."
Regarding the Cabinet’s decision to create job grades, Cougar stated that “the funds for these grades are supposed to be included in the 2022 budget, but if the installation is according to (deletion and creation), it is possible, but any new installation is not possible.”
Will 2022 Be Without A Budget?
The previous Parliamentary Finance Committee denied, on Tuesday, statements that talked about the expectation that the current year 2022 will be free of the budget due to the delay in Parliament and the absence of a government, likely to be approved in the month of next June.
And the former member of the Finance Committee and the winning representative for this session, Jamal Kougar, said in an interview seen by / the information /, that “the absence of a budget for this year is incorrect, and the issue is far from the constitutional timings, because without a budget it means that the new government will be a (caretaker) government.” It will not implement its government program, and if it does not implement it, it means that a quarter of its life has gone without implementing its government program,” he said, expecting that “the 2022 budget will be approved in next June.”
He added that "this year's budget will not contain anything new and will not differ from the previous one and will be similar to others, because the new government will not have room for creativity and the old government is the one who set the budget."
Regarding the Cabinet’s decision to create job levels, Cougar stated that “the funds for these degrees are supposed to be included in the 2022 budget, but if the installation is according to (deletion and creation), it is possible, but any new installation is not possible.”
He explained that "according to the statements of the Minister of Finance that Iraq will lay off its employees after ten years, this means that the numbers are large, and according to international standards, the number of employees in Iraq is eight times the rest of the countries.
CBI Update: Just a note:
including $95,540,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
1-3-2022 Intel Guru Frank26 What am I looking for? The new small category notes...nothing else...it's in motion. You may say 'I don't see the new exchange rate.' It's in motion. 'I don't see the new small category notes.' It's in motion...the monetary reform is being presented to the citizens of Iraq. Not to you. Not to the international community. That's already been done...
1-3-2022 Guru Nader From The Mid East Three things and it's happening now. The army leaving, chapter 7 almost done. The government's gonna take place.
1-3-2022 Intel Guru Holly News has been quiet all weekend. It always is, but this weekend has been especially quiet. It’s always a good sign when things go quiet. All is done and all we can do is wait patiently for it to get to our turn. We are on the final yard line just waiting to cross the finish line. All sources have indicated that this week all should happen.
1-3-2022 Intel Guru Frank26 Right now they're trying to teach them that their currency is about to float because they're international. Because they're going to be 1 to 1 with the American dollar and because there are no more foreign troops in their land...
1-3-2022 Newshound Guru Breitling There's always going to be turmoil in Iraq. So you can't be hyper sensitive and any bomb that goes off 'Oh my God Iran's about to take over.' You can't do that. You have to look at what parliament, the Ministers of Planning, The Ministry of Finance, what they're doing/what they're setting up. Internationally they're setting their currency up. That's a big indicator. That's how you know...
1-3-2022 Intel Guru MarkZ [via PDK] We are sitting on the edge of our seats... I believe we are in the perfect spot for this to happen. The majority of people who need to be are now back in position for this to happen.
1-3-2022 Intel Guru Frank26 I'm not offering you a date of when this investment is going to mature. You know who is? The CBI...I'm not offering you a rate of it's going to be inside the country. I'm not offering you a rate or what it's going to be when they float the currency outside the country. The CBI is. Because you're good students you already know the answers to all these questions don't you...The CBI didn't tell us anything/wouldn't tell us anything...but now they are...I'm telling you we are beyond close.
1-3-2022 Newshound Guru Pimpy Article: "The withdrawal of the combat forces is historic achievement" We know now that the American and international coalition forces are now out of Iraq. If they're out of Iraq there you go Iraq congratulations your sovereignty is restored.
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