Saturday, April 2, 2022

WOTS FRI APR 1 22 Al-Sadr tweets after his withdrawal from forming the government: ""Leave violence and war

WOTS FRI APR 1 22  Al-Sadr tweets after his withdrawal from forming the government: ""Leave violence and war


Al-Amiri: Do not give up the largest Shiite bloc and form it through the framework and the current

link

1648821305945.jpeg

Head of Al-Fateh Alliance Hadi Al-Amiri affirmed on Friday that the largest Shiite bloc will not be relinquished and its formation through the Shiite coordination framework, the Sadrist movement and the independents.

This came in a speech to him on the occasion of "Faili Martyr's Day", and he said that "the Faili Kurds have been subjected to great injustice for years without guilt only because they belong to the people of the house and that they had a great leadership role in the Kurdish liberation revolution without being redressed," stressing "the necessity of Removing the unjust laws that harm the Faili Kurds."

Regarding the political issue, Al-Amiri said, "The fraud and manipulation of the elections was present and we respected the decision of the Federal Court," pointing out that "the manipulation of the election results is what caused the political blockage."

He added, "Consensus and partnership is our principle in forming the Iraqi government, and we stressed the need for understanding to find a way out in the political process that was built since 2003 and until today on the basis of agreement, balance and partnership."

Al-Amiri continued, "We will not give up the formation of the largest bloc and the right of the Shiite component in the government, and we insist on the necessity of forming the largest bloc of the Shiite framework, the Sadrist movement and the independents."



Al-Sadr tweets after his withdrawal from forming the government: ""Leave violence and war

link

Today, Friday, the leader of the Sadrist movement, Muqtada al-Sadr, issued a tweet .after his decision to withdraw from forming the government

Al-Sadr said in a tweet that was followed by (Baghdad today): "Have mercy on those on earth, those in the heavens will have mercy on you, and leave violence and war, ".

God will remove all anguish from you

Earlier, the leader of the Sadrist movement, Muqtada al-Sadr, announced his withdrawal from the process of forming the government, saying: "In order that Iraq does not remain without a government, and the security, economic, service and other conditions deteriorate, here I am giving (the blocking third) an opportunity to negotiate with all the blocs without exception to form A national majority government without the Sadrist bloc from the first day of Ramadan to the ninth of Shawwal, and the Sadrist bloc must not interfere in this, neither positively nor .negatively

 

Al-Amiri: We will not give up forming the largest bloc.. Twisting arms and breaking wills does not serve Iraq

link

The head of the Al-Fateh Alliance Hadi al-Amiri said, on Friday, that the coordinating framework will not give up on forming the largest bloc, of which the Sadrist movement and some independents must be part.  

 

Al-Amiri added in a speech followed by “Nass” (1 April 2022), that “any manipulation will lead us to a political blockage, despite our emphasis on the necessity of understanding between the political forces to find a way out of the current crisis. The process has been built since 2003 on consensus, balance and partnership, and the recent elections were built an unjust law."  

He stressed that "we will not give up on forming the largest bloc of the framework, the Sadrist movement and the independents that guarantee the right of the Shiite majority and that nominate the prime minister after naming the president of the republic and go towards forming the government, a point a line head."  

Al-Amiri called for "forming the largest bloc and carrying out the task of defining the prime minister and understanding him among us as a larger bloc, and unless the required number is achieved in the Shiite opposition circle, I am the first ready to go towards the opposition - thus we will guarantee the opposition and the sufficient number of the opposition, as well as we will ensure consensus and the right of the Shiite majority is not lost." .  

He pointed out, "We were not greedy to participate and we were not going (for the cake) and the opposition has privileges as well, but the loyalists should provide opportunities for the opposition, and not keep them away from the parliamentary committees and not give them any oversight role, as this is an eradication of the opposition's role."  

He explained that "the opportunity is still great and exists, but attempts to twist arms and stubbornness and break wills will not serve Iraq, and the political leaders have the experience, experience and practice to find a way out for the country."  

Al-Amiri indicated that "the leader of the Sadrist movement proposed to us, during his visit to us in Baghdad at the end of December, his willingness to go to the opposition and the framework would go towards forming a government, but we refused and called him to understanding and agreement and ensuring a sufficient number of the opposition, even if we did not participate in the government."


An "embarrassing deadline" in front of the coordination framework for forming the Iraqi government

link

The coordinating framework forces in Iraq are facing great embarrassment, after the leader of the Sadrist movement, Muqtada al-Sadr, gave them the green light to form a government if they were able, in a move that observers considered a "new political maneuver."

 

Al-Sadr announced his retreat for the next forty days, and gave his Iranian-backed rivals the opportunity to form the new government.

This sudden move comes against the backdrop of the continuing political stalemate in Iraq, 5 months after the general elections.

Al -Sadr 's offer came in a tweet in which he also called on his followers not to interfere "positively or negatively," while his rivals are trying to form a government together with the Coordination Framework Forces, an alliance of Shiite parties backed by Iran.

Commenting on this, the researcher in Iraqi affairs, Fatima Salloumi, said, "Al -Sadr's call represents an embarrassment to the forces of the coordinating framework, or as it is called the guarantor third, specifically after Parliament failed to achieve the second session to choose the President of the Republic," noting that "that call and determining A period of time for this negotiation may also be an attempt to repeat the scenario of what happened in Parliament sessions of not completing a quorum.”

Saloumi added, in a statement to "Sky News Arabia", that "the Sadrist move put the coordination framework in front of the responsibility of success or failure before public opinion, in forming the government, especially since the framework itself is well aware that it is not possible to form a government without the Sadrist bloc and the unification of the Shiite house." Which, if it is finally agreed upon, will be the largest bloc, over which the dispute still exists.”

The Iraqi political parties reached a dead end, while Sadr - the winner of the elections - was unable to form a coalition government. Al-Sadr attacked his opponents, saying that they "obstructed the process and are still obstructing it."

The two sides differ over the selection of the candidate for the post of president, an obstacle that may also extend to the premiership.

The same demands

In his response to al-Sadr's initiative, the leader of the Coordination Framework Forces, Jabbar al-Maamouri, said that "the framework's demands are still the same, which is the coming of al-Sadr, to the largest Shiite bloc, to nominate the prime minister, and we are not asking for positions or authority.

He added that "Al-Sadr has been working with the coordination framework over the past years , so why now does he want to work without him? Although the blocs with which he allied himself are accused of dependency and corruption, as well as of employment."

In the first response to al-Sadr's plan, the Sovereignty Alliance and the Kurdistan Democratic Party affirmed their adherence to the tripartite alliance "Save a Homeland" with the Sadrist bloc.

A joint statement of the two alliances stated: "(We) clearly declare our adherence to the Alliance of Sovereignty and the Kurdistan Democratic Party to the Alliance to Save the Nation, as it is the hope that Iraqis are waiting for."

He added, "We also affirm our keenness on the understanding of the brotherhood within the Shiite house, and their agreement to nominate the Sadrist bloc's candidate for prime minister, and to put forward a ministerial program and curriculum that is consistent with the reality of the country and enjoys the support of the main components and forces."

Al-Sadr defies the coordination framework

The expert on Iraqi affairs, Hamza Mustafa, confirmed that "this step came as a challenge from Al-Sadr to the forces of the coordination framework, as he confirmed that he is sticking to the majority government and the largest bloc that he owns through the (Save the Homeland) coalition," noting that "this path raises a question. About the extent of the cohesion of Al-Sadr’s alliance, in light of his call for his Sunni and Kurdish allies to start consultations with the forces of the Coordination Framework and the National Union, as well as with the Azm alliance (Sunni 12 deputies), which means that we are facing a new round of dialogues.

Mustafa adds, in a comment to "Sky News Arabia", that "the current situation is heading towards another constitutional breach, with its implications, most notably resorting to the Federal Court for its referendum on the next step, as the specified time will end on the sixth of this month."


Sources: Al-Sadr's allies were already aware of his step in "abandoning" the formation of the government

link

: Special sources said that the announcement by the leader of the Sadrist movement, on Thursday, that he abandoned the formation of the majority government and called on the forces of the coordination framework .to proceed with that, was in agreement with Sadr's allies, who are Masoud Barzani and Muhammad al-Halbousi

The sources confirmed that the two sides were already aware of this, although they announced that they were not .aware of it Al-Sadr had given the green light to his allies in "Save the Homeland", to proceed with the coordination framework to form a new government in the country, but analyzes see this as a political tactic to put the framework forces in .political embarrassment

The Sovereignty Alliance and the Kurdistan Democratic Party affirmed, on Friday, their adherence to the tripartite .alliance "Save the Homeland" with the Sadrist bloc

A joint statement of the Sovereignty Alliance and the Kurdistan Democratic Party stated that while we appreciate the position of Muqtada al-Sadr and his initiative towards expediting the formation of a strong government that works to address the complex issues facing the Iraqi people, we affirm our adherence to our partnership with the brothers in the Sadrist bloc and a strong government cannot be born. without their partnership

The statement added: We also affirm our keenness on the understanding of the brothers within the Shiite house and their agreement to nominate the Sadrist bloc’s candidate for prime minister and to put forward a ministerial program and curriculum that is consistent with the reality of the country and enjoys the support of the main components and .forces

 

The Kurdistan Democratic Party on al-Sadr's tweet: Drop an imposition

link

On Friday, the leader of the Kurdistan Democratic Party, Hoshyar Zebari, considered the tweet of the leader of the al-Sadr movement, Muqtada al-Sadr, during which he gave the "blocking third" an opportunity to form a national majority government as a "imposition".   

 

Zebari said in a blog post, which was followed by "Nass" (April 1, 2022), that "after the relentless attempts to disrupt the formation of the national majority government by the opposition forces within the coordination framework and those who support them in the judiciary and abroad, Muqtada al-Sadr launched an explicit position that the current does not mind their establishment." In forming a majority government. There is no objection to them going to the opposition. It is an imposed fall. Try it and let's see!"  

  

On Thursday, the leader of the Sadrist movement, Muqtada al-Sadr, gave the "blocking third" an opportunity to form a national majority government, while specifying the period granted to them.  

Al-Sadr said in a tweet on "Twitter" followed by "Nass" (March 31, 2022): "A blessing that God has bestowed upon me... if I can be the largest winning bloc in the elections, but an unprecedented victory, then we made the bloc or the alliance." The greatest Shiite.      

He added, "Then who should be the first to succeed in forming the largest national bloc "Save the Homeland" and nominating a prime minister acceptable to all, and I will not dispense with that, and praise be to God, Lord of the Worlds."    

He continued, "These alliances bothered a lot, so they obstructed and are still obstructing, and in order for Iraq not to remain without a government, and the security, economic, service and other conditions deteriorate, here I am giving the "blocking third" an opportunity to negotiate with all the blocs without exception to form a majority national government without the Sadrist bloc, From the first day of the blessed month of Ramadan to the ninth of the holy month of Shawwal.    

And he continued, "To that day, I ask you to pray and accept obedience, and the loved ones in the thoracic bloc should not interfere with that, neither positively nor negatively... May God reward them with the best reward, and thus I cleared my responsibility before everyone."   


Al-Maliki begins his political contacts in preparation for the announcement of the framework initiative

link

The State of Law coalition said that its leader, Nuri al-Maliki, will start his contacts with other political forces to discuss the possibility of starting a negotiating dialogue that paves the way for the formation of the next government.

And the representative of the state of law, Thaer fearful, suggested that this process would lead to a change in the political map, expressing his belief that the Kurds might agree on one candidate for the presidency. He said that the framework does not want to exclude anyone in the next government, and we hope that Sadr will have a role in the government, and we will seek to communicate with him about this.


Today..a meeting of the leaders of the coordination framework in the house of al-Maliki

link

An informed political source revealed, today, Friday, an upcoming meeting of the leaders of the coordination framework at the home of the head of the State of Law coalition, Nuri al-Maliki.

The source told Earth News, "The leaders of the coordination framework are meeting today at the house of the head of the State of Law coalition, Nuri al-Maliki, to discuss the latest developments in the political situation."

He added, "The meeting will be at eight o'clock in the evening, Baghdad time," without giving further details.

Yesterday, Thursday, the leader of the Sadrist movement, Muqtada al-Sadr, called the "blocking third"   to form a government without the Sadrist movement within a maximum period of 40 days, calling on members of his bloc not to interfere with it.

Yesterday, Thursday, the leader in the coordination framework, Aid Al-Hilali, commented on Muqtada Al-Sadr's tweet, describing it as a political maneuver aimed at throwing the ball into the framework's court.

below here is other stuff


The conclusion of the Iraq International Real Estate and Investment Exhibition

link

9-1648797230.jpg

The activities of the Iraq International Real Estate and Investment Fair, which was held in its first session under the auspices of the Baghdad Investment Authority, was concluded yesterday evening, Thursday, March 31, 2022, on the grounds of the Baghdad International Fair. During four days, the exhibition hosted a large number of investment companies operating in the residential and real estate sector, and during its opening days, many visitors flocked. The participating companies offered their services to citizens and introduced them to the registration mechanism for their housing projects.
 
Engineer Haider Al-Ansari, head of the Baghdad Investment Commission, stressed during his attendance at the closing of the exhibition that this forum is considered a strategic platform for investment companies, and that the establishment of these activities is an ideal opportunity to communicate with investors and businessmen in order to make the investment process successful in the capital, Baghdad, and expand the horizons of cooperation with local, Arab and foreign companies. . The pavilion of the authority witnessed an intense activity represented by visiting a number of officials and holding fruitful meetings and important discussion sessions with investors and businessmen to introduce the work of the authority and the mechanism of granting investment licenses and the facilities and support it provides to investors as well as answering the inquiries of visitors who flocked to the exhibition.
 
For its part, the managing director of the organizing company confirmed that, with this exhibition, they targeted all real estate companies located in Baghdad and Erbil to provide an opportunity for citizens wishing to purchase housing units in investment projects by collecting them in one place and providing them with all information related to residential complexes, explaining that the company will work to expand this activity. Next year, it will include a larger number of Arab and foreign companies. She also expressed her thanks and gratitude to the management of the authority and presented its head and the public relations and media department in the authority with a shield of excellence and creativity for their support and the great role they played for the success of the exhibition and providing the appropriate atmosphere for its establishment.
 
In conclusion, Al-Ansari praised the efforts of the organizing company and the participating investment companies, who reflected a positive and civilized image that cast a shadow on the work of the authority and its role in developing and reviving the investment process in the capital, and presented them with a shield of excellence. The extraordinary they made for the success of the exhibition.


The US Export-Import Bank agrees to several deals with Iraq... while withdrawing Russian contracts 

link

Reuters revealed, today, Friday, that the Board of Directors of the US Export-Import Bank has officially voted to withdraw the bank from any other business in Russia and approved financing and guarantee deals worth up to 381 million dollars for Iraq, Sr

And the US government export credit agency said, in a Reuters report translated by (Baghdad Today), that “its board of directors also voted to notify Congress of the proposed renewal of a $450 million credit guarantee for Citibank that supports a $500 million facility to allow 365 suppliers to Boeing Aircraft Manufacturing. (BA.N) to ."obtain it

And for Iraq, the Council approved a resolution authorizing Export-Import Bank officials to approve, reject, and amend applications for credit for insurance coverage on letters of credit used by the Trade Bank of Iraq for up to $300 million on .purchases of American goods and services

The Board of Directors, meeting for the first time under the new Chairman and" President Rita Joe Lewis, approved a $48 million loan guarantee to support the sale of 12 locomotives from US-made Wabtec Corp (WAB.N) to Sri Lanka Railways. It also won (Wabtec), which acquired GE's locomotive business in 2019, with a $56 million .contract on Chinese competitors

The lender also approved an initial commitment to obtain an energy efficiency license .of approximately $33 million for Albania's National Electricity Utility

The bank noted that "the Import and Export Department is working urgently to settle ".the payments of these transactions


Oil announces the highest financial revenues since 1972 during the last month

link

The Ministry of Oil announced today, Friday, achieving the highest financial revenues since 1972, amounting to (11.07) billion dollars.

The ministry said in a statement received by Earth News, "The total amount of crude oil exports amounted to (100) million (563) thousand and (999) barrels, with revenues amounting to (11.07) billion dollars, which is the highest financial revenue achieved since 1972. She
added, "The total quantities of crude oil exported for the month of March from oil fields in central and southern Iraq amounted to (99) million (115) thousand and (64) barrels, while from the Kirkuk fields through Ceyhan port, the exported quantities amounted to one million and (115) thousand and (64) barrels. (448) thousand and (935) barrels.
She pointed out that "the average daily quantities amounted to (3) million and (244) thousand barrels per day, and that the average price of one barrel amounted to more than (110,090) dollars


The Sadrist movement: We will take this step if the coordination framework fails to form a government

link

 

A member of the Sadrist movement, Safa al-Asadi, said that "in the event that the coordination framework fails to form the government within the deadline set by al-Sadr, the movement will proceed with its project to form a government of the national majority," stressing in statements to reporters in Baghdad today, that "the leader of the Sadrist movement, when He met with the leaders of the "coordinating framework" at the home of the leader of the "Al-Fateh Alliance" Hadi al-Amiri, and presented to them his project to form a government of the national majority, without targeting or exclusion, and that the goal is to correct the course of the political process, and that whoever comes to this government is according to conditions and controls, and whoever refuses goes to the opposition. Al-Sadr also raised the possibility of him going to the opposition if they refused to form a majority government, and then all the framework forces rejected this matter.

He stressed that "the tripartite alliance (save a homeland) is a solid and stable alliance, however, Al-Sadr gave the partners the green light and lifted restrictions, and they are free in what they adopt to go to form the government with the framework according to its program," stressing that "in the event that the coordination framework succeeds in Achieving a majority, the Sadrist bloc will be the first to attend the parliament session to complete the quorum for naming the President of the Republic, and we will not be a disabled third.” He added, "But if the framework and its allies fail, the Sadrist bloc will continue to form the government, given that it is the largest parliamentary bloc."


Baghdad begins implementing the Federal Court's decision to bring the oil of the Kurdistan region under its control

liink

The US Bloomberg Agency said, quoting a document seen on March 31, that the Iraqi government asked the Kurdistan region to transfer its business in the oil and gas sectors to be under the management of a new company, in preparation for Baghdad to be the supervisor of operations in the region.

The document, signed by Iraqi Oil Minister Ihsan Abdul-Jabbar, requests copies of all oil and gas contracts the KRG has signed since 2004, and details its revenues from oil production and its derivatives.

The document was sent on March 24 by the central government in Baghdad, requesting the KRG to respond with information within 15 days.

An Iraqi court upholds Baghdad's demands

In a report prepared by Deloitte LLP, a company that specializes in auditing and financial advisory services, to the regional government, it was stated that the Kurdistan Regional Government of Iraq exported crude oil through pipelines in quantities worth more than $9 billion in 2021.

And it appears in the statement of accounts, which was issued on Thursday, March 31, that the Kurdistan Regional Government supplied local refineries and other local consumers with quantities of crude oil and condensates, worth $88 million.

Baghdad has long sought to bring Kurdish production of oil and its derivatives under its control in exchange for money from the Iraqi national budget. Especially since a ruling in February by the Federal Supreme Court of Iraq upheld the right of the Iraqi central government to control hydrocarbon production in the semi-autonomous Kurdistan region.

But the Kurdistan Regional Government in Erbil insists that its right to control hydrocarbons in the region is enshrined in the constitution.

Kurdistan "committed" to its contracts with companies

Masrour Barzani, the prime minister of the Kurdistan region, said Monday (March 28th) that his government is still committed to its contracts with oil and gas companies despite the Iraqi court ruling.

Kurdistan produces about 450,000 barrels of oil per day, which is a small part of Iraq's total daily production of 4.3 million barrels.

In the document, Baghdad asked the Kurdistan Regional Government to appoint officials to work with the central government to establish the new company, and suggested naming it "Kurdistan Oil Co."

It is noteworthy that the Kurdistan Regional Government spokesman did not issue an immediate response to requests for comment on the document.

The coordination framework ends its meeting and issues a statement from 4 points

link

 

In the name of God, the Most Gracious, the Most Merciful
{When two sects of you wished to fail, and God is their Guardian, and upon God let the believer trust in
God, the Most High. }

Proceeding from the legitimate, national and moral responsibility entrusted to it, the coordination framework is still ready for serious and constructive dialogue with all blocs and independents to get out of the political blockage. And the only one affected by it is the Iraqi people.. Accordingly, the framework announces its vision to address the political blockage, which is based on several foundations that we list below. The framework will present its details in its dialogues with the political forces and summarize them as follows:

1. Commitment to the constitutional terms and registration of the bloc with the largest number of parties to ensure the right of the component and the completion of the national entitlement for the other components of the three presidencies, within a unified vision in which the framework and its allies, the Sadrist bloc and its allies participate.
2. After the announcement of the most numerous bloc, the candidate for the position of Prime Minister is agreed upon according to the required conditions and criteria such as competence, integrity and independence, and that will be through a joint committee of the coordination framework and the Sadrist bloc
. 3. Agreement on the government program within a specific time limit to be agreed upon, and whoever wishes to participate in managing its implementation From the winning blocs that adhere to the program, and those who are qualified are nominated to run the country, provided that they are characterized by competence, integrity and competence.
⁴. The opposition within the House of Representatives shall monitor the government and hold it accountable for its mistakes and transgressions. The opposition is empowered to carry out its work properly and is protected in accordance with the law.

We repeat our call to our brothers who rejected our repeated calls for cooperation in righteousness and piety, and we urge them to place the interests of the nation and citizens above partisan and factional interests.
God grants success .

coordinating framework


A "mechanism for choosing the prime minister"... The coordination framework issues a number of decisions after the meeting of Al-Maliki's house

link

The coordination framework issued, today, Friday, a number of decisions after the end of the meeting held at Al-Maliki's house, including the .development of mechanisms for choosing the prime minister

The framework said in a statement received (Baghdad today): "Based on the legitimate, national and moral responsibility entrusted to it, the coordination framework is still ready for serious and constructive dialogue with all blocs and ".independents to get out of the political blockage

The framework called on all loyalists to "bear responsibility and not insist on the equation of breaking wills that would further complicate the scene in vain, and the only one affected by it is the Iraqi people," noting that "he announces his vision to address the political blockage, which is based on several foundations, and the .framework will present its details in His conversations with political forces

The coordinating framework affirmed its commitment to the constitutional terms and the registration of the most numerous bloc of the two parties to ensure the right of the component and the completion of the national entitlement for the other components of the three presidencies, within a unified vision in which the framework .and its allies, the Sadrist bloc and its allies participate

He stated that "after the announcement of the most numerous bloc, the candidate for the position of prime minister is agreed upon in accordance with the required conditions and criteria such as efficiency, integrity and independence, and that will be through a joint committee of the coordination framework and the Sadrist bloc," noting that "there is an agreement on the government program within a specific time limit to be agreed upon." Those who wish from the winning blocs that adhere to the program will participate in the management of its implementation, and those qualified to run the country will be nominated, provided that they are characterized .by competence, integrity and competence


The framework pointed out that "the opposition within the House of Representatives is responsible for monitoring the government and holding it accountable for its mistakes and transgressions. The opposition is empowered to carry out its work ".properly and protect it in accordance with the law

He continued, "We repeat our call to our brothers who rejected our repeated calls for cooperation in righteousness and piety, and we urge them to place the interests of ".the nation and citizens above partisan and factional interests 

Arab Monetary} is looking for {economy} from afar

link

The Institute for Training and Capacity Building at the Arab Monetary Fund held a training course on "econometrics", by adopting the distance training method adopted by the Fund in continuation of its activities. training.
Econometrics is the application of statistical methods in the practical evaluation of economic relations. Econometrics analysis is widely used in international economics to estimate the causes and effects of international trade, exchange rates, and international capital movementsIt is also one of the branches of economics, and is concerned with measuring and analyzing real economic phenomena quantitatively, using economic theory, mathematical economics, mathematical and economic statistics, as well as appropriate statistical induction methods with the aim of analyzing and testing various economic theories on the one hand, and assisting in policy formulation, decision-making and forecasting. On the one hand, the values of future economic variables 
other.

The fund explained in a statement followed by "Al-Sabah" that "the course aims to enable participants to familiarize themselves with the most important basics of simple and multiple linear regression models, address the challenges resulting from the autocorrelation of random errors and their heterogeneity, and use these models in preparing future expectations."

The statement quoted the Fund’s Director and Chairman of the Board, Dr. Abdul Rahman bin Abdullah Al-Hamidi as saying: “The Arab Monetary Fund decided to organize this training course as it stems from the needs of the Arab member states within the framework of the “Arabstat” initiative, with the aim of developing the participants’ capabilities and knowledge of econometric methods and their applications on data using specialized statistical software.

Al-Hamidi explained: “Quantitative methods are of great importance in analyzing economic conditions, assisting in the decision-making process, adopting sound economic policies and foreseeing the future, as the use of quantitative methods, especially econometric methods in scientific research and analysis of economic conditions, has become one of the main pillars that economic experts adopt to provide solutions. This is appropriate for many economic issues of interest to officials and decision makers, as interest in and reliance on them has increased significantly in many economic, financial, social and demographic matters in conjunction with the development of information programs and the increase in data production.

It is noteworthy that econometrics can be considered as the practical application of both economic theories and mathematical economics, by employing the content of economic theories and mathematical relations on economic phenomena on the ground. Hence its paramount importance for every student or economic researcher.

Also, the follower of studies and research in the field of economics published in local and international scientific journals will hardly find a study or research devoid of econometric applications. It is generally accepted today that whoever does not know the art of econometrics is not considered an economist in the contemporary sense.

Al-Humaidi concluded his speech by inviting the participants and urging them to take advantage of this occasion to benefit from the experiences of the various Arab countries, which will maximize the benefit of the session.


Below here is the daily WOTS Report for April 1 2022 the "Word on the Street":

Exchange rate of the dollar in the local market witnessed, today, Friday, stability at its last decline, last Thursday night, as shown below:

Baghdad
Sale 147.500 dinars
Buy 146.500 dinars

North
Sale 147.750 dinars
Buy 146.750 dinars

South
Sale 147.750 dinars
Buy 146.750 dinars



The Markets:
The Asian markets closed mixed NIK down by .56% HSI up by .19% SHANG up by .94%
The UK markets are currently trading in the green from .28% to .89% 
Our futures are currently trading green  DOW at 34788 by .49% SNP at 4553.25  by .50% NDX at 14951.25  by .56%

Precious Metals:
Gold is red  at 1937 Silver is red at 24.92 Copper is red at 472 Platinum is red at 995 

Brent 105 WTI  100   Bitcoin: 45,144  10 yr yield: 2.41

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1435.8000  1490.0000 1456.8000 1456.2000 1456.2000  -0.9000 12:33
 USD/VND  22837.0000  22841.0000 22842.3900 22840.0000 22842.3900  -2.7300 02:46
 USD/CNY  6.3603  6.3623 6.3616 6.3390 6.3390  0.0211 04:59
 USD/KWD  0.3037  0.3047 0.3036 0.3036 0.3036  0.0000 04:22
 GBP/USD  1.3130  1.3131 1.3151 1.3113 1.3138  -0.0008 05:01
 USD/IRR  42000.0000  42500.0000 42278.5000 42258.6000 42278.5000  -13.8000 08:54
 USD/IDR  14366.0000  14366.0000 14377.0000 14341.0000 14343.0000  23.0000 05:00

Iraqi Articles:

A joint statement by the Sovereignty and the Democratic Party regarding Al-Sadr's deadline for the Shiite framework

link

A joint statement by the Sovereignty and the Democratic Party regarding Al-Sadr's deadline for the Shiite framework

 

The Sovereignty Alliance and the Kurdistan Democratic Party affirmed, on Friday, their adherence to the tripartite alliance "Save the Homeland" with the Sadrist bloc.  

 

A joint statement of the Sovereignty Alliance and the Kurdistan Democratic Party, a copy of which was received by "Nas", stated on April 1, 2022, that "while we appreciate the position of Muqtada al-Sadr and his initiative towards expediting the formation of a strong government that works to address the complex files facing the Iraqi people, We affirm our adherence to our partnership with the brothers in the Sadrist bloc, and a strong government cannot be born without their partnership . ”  

The statement added, "We clearly declare our adherence to the Alliance of Sovereignty and the Kurdistan Democratic Party to the

Alliance to Save the Homeland as the hope awaited by the Iraqis 
. We also affirm our keenness on a constructive national dialogue with everyone away from external interference in order to bring the country to safety . " 
 

He continued, "We also affirm our keenness on the understanding of the brothers within the Shiite house and their agreement to nominate the Sadrist bloc's candidate for the presidency of the Council of Ministers and to put forward a ministerial program and curriculum that is consistent with the reality of the country and enjoys the support of the main components and forces . "

Tweet

  

On Thursday, the leader of the Sadrist movement, Muqtada al-Sadr, gave the "blocking third" an opportunity to form a national majority government, while specifying the period granted to them.  

Al-Sadr said in a tweet on "Twitter" followed by "Nass" (March 31, 2022): "A blessing that God has bestowed upon me... if I can be the largest winning bloc in the elections, but an unprecedented victory, then we made the bloc or the alliance." The greatest Shiite.      

He added, "Then who should be the first to succeed in forming the largest national bloc "Save the Homeland" and nominating a prime minister acceptable to all, and I will not dispense with that, and praise be to God, Lord of the Worlds."    

He continued, "These alliances bothered a lot, so they obstructed and are still obstructing, and in order for Iraq not to remain without a government, and the security, economic, service and other conditions deteriorate, here I am giving the "blocking third" an opportunity to negotiate with all the blocs without exception to form a majority national government without the Sadrist bloc, From the first day of the blessed month of Ramadan to the ninth of the holy month of Shawwal.    

 

And he continued, "To that day, I ask you to pray and accept obedience, and the loved ones in the thoracic bloc should not interfere with that, neither positively nor negatively... May God reward them with the best reward, and thus I cleared my responsibility before everyone." 


Today..a meeting of the leaders of the coordination framework in the house of al-Maliki

link

An informed political source revealed, today, Friday, an upcoming meeting of the leaders of the coordination framework at the home of the head of the State of Law coalition, Nuri al-Maliki.

The source told Earth News, "The leaders of the coordination framework are meeting today at the house of the head of the State of Law coalition, Nuri al-Maliki, to discuss the latest developments in the political situation."

He added, "The meeting will be at eight o'clock in the evening, Baghdad time," without giving further details.

Yesterday, Thursday, the leader of the Sadrist movement, Muqtada al-Sadr, called the "blocking third"   to form a government without the Sadrist movement within a maximum period of 40 days, calling on members of his bloc not to interfere with it.

Yesterday, Thursday, the leader in the coordination framework, Aid Al-Hilali, commented on Muqtada Al-Sadr's tweet, describing it as a political maneuver aimed at throwing the ball into the framework's court.

Al-Maliki begins his political contacts in preparation for the announcement of the framework initiative

link

The State of Law coalition said that its leader, Nuri al-Maliki, will start his contacts with other political forces to discuss the possibility of starting a negotiating dialogue that paves the way for the formation of the next government.

And the representative of the state of law, Thaer fearful, suggested that this process would lead to a change in the political map, expressing his belief that the Kurds might agree on one candidate for the presidency. He said that the framework does not want to exclude anyone in the next government, and we hope that Sadr will have a role in the government, and we will seek to communicate with him about this.



CBI Update:  Just  a note:

They have been having auctions and the ISX has been trading regularly; the sites just don't update in time to put the information in this report, unless it is 
here.   

Click on the link above for the latest update.

The CBI for rate is 1460

The currency auction For APR 1st, 2022 total sales amount $0. FRIDAY

including   $0. CASH 



ISX Update:   FRIDAY

www.isx-iq.net/   

Shares Traded: 
Value Traded: 

closed 

https://www.dinarguru.com/
4-1-2022   Intel Guru MarkZ   [via PDK]  The chatter out of Iraq is still very positive. In a nutshell they are talking over there what the new government is going to look like, roadblocks to seating the new president have been removed and they expect to have one sat by the 4th…even though their goal was the 6th…It’s interesting that they have 2 goals on the 4th now….To have a new currency rate and anew government sat.
3-31-2022   Newshound/Intel Guru Mnt Goat   Article:  "KURDISTAN REGION IS ABOUT TO ENTER THE GLOBAL ENERGY MAP IN LIGHT OF THE CHANGES TAKING PLACE IN THE REGION AND THE WORLD AT LARGE."  Quote:  "...the Kurdistan region can provide the entire world with energy, not only Europe , stressing the quest to develop the gas and oil sector..."  I don’t know about you but for me this is HUGE….WOW!!!

3-31-2022   Newshound Guru Pimpy 
  Quote "The bankruptcy of the Iraqi Central Bank is incorrect...Bankruptcy is unlikely."  That's what I thought...They're saying there's no threat of a bankruptcy.  At the same time you can tell they have no interest in changing the exchange rate at the moment.  Again, that doesn't mean it's not going to happen.... [Post 2 of 2]

3-31-2022   Newshound Guru Pimpy  Article: "Financial Control reveals to / Magazine News/ important information regarding exchange rate"  Yes they're still talking about it [The exchange rate]...The rumor is if they change the exchange rate that will somehow bankrupt the Central Bank?  Oil prices are higher than ever.  There's a surplus of money coming into Iraq .  Their foreign reserves build ups so high and they're saying a slight change to the exchange rate would somehow bankrupt the country?  That's interesting.  [Post 1 of 2....stay tuned]

3-31-2022   Newshound Guru Godlover   Question [In your opinion, what is next? I agree they more than likely won't dissolve because they don't follow any laws; imo. So once the 6th comes and goes...can they just stay in limbo?]  There is no such thing as a deadline with Iraq . What is next, is eventually they will elect the POR & PM & cabinet...period, at some point. We just wait. I would be pleasantly surprised if they elected a POR by April 6th & they very well could.

3-31-2022  Newshound Guru Clare   Article:   "The Iraqi government reduces the official working hours during the month of Ramadan".   IN PRINT...THEY STILL WORK DURING RAMADAN. imo

3-31-2022   Newshound Guru Militiaman   ...The CBI could do as they have in the past, change the rate when they are ready. They have the FM [Finance Minister ?] on board, they even have the politicians all on board based off many articles on the matter.  So, it is not like there is going to be any 'hold on a minute.. I didn't want purchasing power... You can't change the rate until all of us politicians sit in our respective seats.' lol...Security and stability and the settlement of differences has been sorted and has played out too. All imo a very good time we are in.

3-31-2022   Intel Guru MarkZ   [via PDK]  I am hopeful this will finally be “it” this week. I am hopeful Iraq will finally have a new value on the dinar before we hit the fourth on Monday. We are here at what appears to be the end...

3-31-2022   Newshound Guru Samson   ...The other way...is for the Prime Minister to submit a request to the President of the Republic to dissolve Parliament...the President of the Republic will issue a republican decree to dissolve Parliament without the need for a vote by the House of Representatives.  The only point of controversy in the second option is the absence of a legal text or interpretation of the authority of the caretaker government and the possibility of sending it to such a request to the President of the Republic... [Post 2 of 2]

3-31-2022   Newshound Guru Samson  Article:   "Disclosure of the deadline for deciding the position of the President of the Republic"  Quote: "The deadline for voting on the President of the Republic legally is the sixth of next April...in the event that Parliament fails to resolve the position...the only legal option is to implement the article 61 First of the Constitution ...Article 61 includes two parts... The first is that the House of Representatives dissolves itself at a request submitted by two-thirds of its members...which is an unlikely option...  [Post 1 of 2....stay tuned]

3-31-2022   Newshound Guru Kaperoni   The only logical and plausible way that the Iraqi dinar could go up in value would be gradually over time so that the money supply could be reduced simultaneously. A currency's value is never random it is based on a country's wealth and GDP...Iraq's own economists have declared that Iraq's entire net worth including all minerals in the ground (including oil) is only around $16 trillion dollars. Currently, Iraq has over 100 trillion dinar in circulation...The dinar appreciation has been discussed many times in Iraq including in the IMF's Article IV Consultation of 2012.  The imf's specifically talked about allowing the dinar to gradually appreciate over time...

3-31-2022   Newshound/Intel Guru Mnt Goat   Article:  "ALI ABDUL-AMIR ALLAWI, CONFIRMED, ON SATURDAY, MARCH 26, 2022, THAT THE WHITE PAPER RESTORED BALANCE TO THE IRAQI ECONOMY"  yes, yes, yes, this is exactly the talk we need to hear from the finance minister at this time. It is the White Paper along with pressure from all sides that is going to get us the reinstatement of the dinar back on Forex.


Catnip's Corner:
On Hiatus

No comments:

Post a Comment