Saturday, July 23, 2022

WOTS THU JUL 21 22 An Iraqi technical team confirms the authenticity of the audio recordings of the owners

 WOTS THU JUL 21 22 An Iraqi technical team confirms the authenticity of the audio recordings of the owners


An Iraqi technical team confirms the authenticity of the audio recordings of the owners

link

1643752386848.jpg

 

An Iraqi technical team confirmed on Thursday the authenticity of the leaked audio recordings of the head of the State of Law coalition, Nuri al-Maliki, noting that it did not find applications specialized in deep forgery (Vic Deep) that have the ability to falsify sounds in the Arabic language.

The Technology for Peace team stated in a statement received by Shafak News Agency; "We have worked since the first moments of the blogger (Ali Fadel) publishing the first audio clip on July 13, 2022, which he claimed to be part of a leaked recording of the former Iraqi Prime Minister and head of the State of Law coalition (Nuri al-Maliki) to verify this and to publish other recordings after that. We continue to take notes on these recordings to find out what they are."

The statement added; Despite Al-Maliki’s repeated denials of these recordings and his claim that they were fabricated by quoting excerpts from his voice and installing them to appear in this way, the observations we made about the video prove the opposite, as follows:

1- After the blogger (Ali Fadel) published five audio recordings with a total length of 16:41 minutes, he claimed that they were part of an audio recording that lasted for about an hour. Also, in all the circulating recordings, the transition between the sentences was very consistent and natural, and there were no different and inconsistent transitions or the presence of pieces as an indication of the merging of different audio clips.

2- When listening to the five audio recordings that were published, it is noted that the tone of the voice that was claimed to be al-Maliki’s speech was in one layer, accompanied by an echo, free of any difference and without any distortion.

3- By comparing the voice in the circulated audio recordings with that of Al-Maliki in several interviews that were conducted with him, the last of which was broadcast by Al-Ahed satellite channel yesterday, Wednesday, July 20, 2022, a great similarity was observed in the pronunciation of words mentioned in the current recordings and in the meetings with Al-Maliki, Especially the words (Sunnis, Muqtada al-Sadr, Shiites, Shiism).

4- The presence of different voices of people speaking at a different volume with the presence of sounds of a chair movement and the sound of friction are additional indications that the circulating recordings were not fabricated by voice-fabrication programs.

5- Extensive research was conducted to identify the tools and devices available for voice spoofing and a number of programs and tools were found that news websites have articles about, such as SV2TTS and AutoVC, which have been tested to conduct experiments to fake voices and deceive both the WeChat application that allows users to log in with their voice, And the Amazon Alexa app, which allowed users to use voice commands to make online purchases and payments via third-party apps like Uber, the fake apps managed to trick WeChat and Alexa, but deepfakes were more successful at mimicking the voices of women and the voices of foreign-born English speakers. We did not find any applications to falsify the voice in Arabic, especially since the conversation in the recordings included the pronunciation of vocabulary in the colloquial dialect.

The statement indicated that "the above points were written down after reviewing the recordings, and we shared them to clarify the truth of the allegations circulating about this, pending the competent government authorities and the Iraqi judiciary, which announced that fundamental investigations were conducted regarding the audio leaks attributed to the owners in accordance with the law after receiving a request in this regard from the Public Prosecution.



"Because of the leaks" .. A leader in the call calls for the dismissal of al-Maliki from the secretariat of the party and the latter responds: a personal point of view

link

 

The leader of the Islamic Dawa Party, Ali Al-Alaq, called on Thursday for the dismissal of the party's Secretary-General, leader of the State of Law coalition, Nuri al-Maliki, and the abolition of this position, against the background of audio leaks attributed to the latter, while stressing the need to adhere to the approach of the supreme religious reference Ali. Al-Sistani, while the Dawa Party considered that Al-Alaq does not represent him.

Al-Alaq said in a statement received by Shafaq News Agency, "After the spread of recent leaks, which, regardless of their validity or incorrectness, have seriously harmed the Shiite reality in particular and Iraq in general, which requires all of us as advocates concerned with the matter of the call and its fate, and calls from those who are currently facing the responsibility of the call in particular and those who have taken on this responsibility. And they must fulfill its fidelity before God and join the righteous martyrs, the current preachers, and the Iraqi people, in order to empty their debts of the responsibility placed on them and preserve for the call its prestige and its shining history and to ward off the danger of falling and falling into the quagmire of politics far from the constants and adoptions of Islam, or to be a bridge to the personal dreams of this or that preacher. ".

He added, "There are two ways in front of us that have no third, either completely rejecting and denying these leaks, or acquiescing in their authenticity and their occurrence in reality.

And Al-Alaq indicated, "On the first path, which is to reject and completely deny the leaks, what is required is to form a high-level committee that will be respected and accepted by others."

He explained that the committee's work "is to prove the invalidity of these leaks in a scientific, technical and technical way, using the highest expertise in this field, to convince others of their invalidity and open the door for a constructive dialogue to confront conspiracies targeting the Shiite reality in particular and Iraq in general."

He stressed, "Maintaining national unity and the unity of the Shiite house, putting forward a major strategic project for building Iraq, deepening trust among its people, laying the foundations and constants for relations between entities and components, and setting controls to hold accountable the negligent and those working to confuse the arena and spread chaos in it, and consider the interest of Iraq, the people and religion above all special considerations." ".

Al-Alaq continued, "The committee is working to bridge the rift by seeking to find rapprochement and reconciliation between the opposing parties, keeping the invitation away from personal mistakes and reassuring others that the invitation transcends targeting others and is above harming any of them. all."

And he added, "If the committee was unable to prove the invalidity of these leaks and the matter turned to the second way, which is to submit to the validity and realism of the leaks, in this case an urgent corrective pause must be taken to establish the call that all preachers and those who oppose them in particular, first of all issue, by issuing a statement rejecting these statements and declaring that they are not Adopting the call for it, and that it does not represent its policy at all, and that it is the responsibility of the people who authorize it only and who bear its judicial responsibility.”

Al-Alaq concluded by saying, "The second matter is the holding of an urgent extraordinary conference for the call, in which the amendment of the internal system is proposed, the clause of the Secretary-General of the party is canceled and the responsibility is transferred to the collective leadership only, and the participation of all preachers in electing the new leadership and a new shura for the party, and the presentation of the call's vision of the sober relationship with the blessed supreme reference represented by the supreme reference. Al-Sistani, firmly sticking to its approach and instructions and guided by the wise Islamic approach of the two martyrs, the two references, the martyr Muhammad Baqir al-Sadr and the martyr Muhammad Sadiq al-Sadr, and rebuilding strong relations with all parties to the arena, especially the Shiite ones, and dealing on the basis of high flexibility and selflessness to achieve the higher interests of the Iraqi people.

In turn, the media office of the Islamic Dawa Party responded, in a statement received to Shafaq News Agency, in which he said, "Some social media circulated a statement issued by Mr. Ali Al-Alaq, who has nothing to do with the Islamic Dawa Party, and his words do not represent the party's position. He talks about his personal view on the The recent fabricated media leaks, so it needs to be noted.”



Parliament sets a condition to determine the date for the election of the President of the Republic

link

 

The Iraqi political arena is preoccupied these days with two tracks that complement each other. While no new news about the name of the candidate or candidates for prime minister was nominated by the coordination framework, and things remained oscillating on previous expectations and timings, the two Kurdish parties “Al-Kiti” found the Patriotic Union and the Democratic Party Both of them are in the last mile race to decide the name of the candidate for the presidency, at a time when Parliament distanced itself from setting the date of the upcoming election session, conditioned on political consensus outside its corridors.

"The Kurdish political blocs hope that the two Kurdish parties will reach an agreement in this regard," said the representative of the Patriotic Union of Kurdistan, Dylan Ghafoor, in an interview I followed (Iraqi Media News Agency / INA).

She added, "Meetings at the leadership level are continuing to reach a consensus figure for the position of President of the Republic, and we hope that we will reach a specific agreement, and in the event that no solution or agreement is reached between the two Kurdish parties, the scenario of 2018 will return to the political front."

For his part, the leader of the Patriotic Union of Kurdistan, Ghiath Al-Sorji, said in an interview that was followed by (the Iraqi Media News Agency / INA): “A meeting was held between the two parties, the Patriotic Union and the Democratic Party, represented by the head of the Union Party, Bafel Talabani, and the leader in the Democratic Party, Minister of Foreign Affairs Fouad. Hussein, and no statement was issued regarding the content of the meeting.

He added, "The meeting discussed resolving the issue of the position of the President of the Republic, and what happened in the meeting is a prelude to a meeting in the next few days between the two political offices, and if necessary, the heads of the National Union and the Democratic Party will meet."

And he indicated that "the two options presented are that (Al-Party) will have the position of President of the Republic in exchange for (Al-Yakti) obtaining the federal ministerial positions designated for the Kurds, or (Al-Yakti) withdraws his candidate for the position of President of the Republic, and the two sides agree on a joint candidate for the position," explaining that "these options are not options. Neither the National Union nor the Democratic Union, but rather it is about putting forward part of the forces of the coordination framework as solutions to break the political blockage and nominate the candidate for the post of President of the Republic.”

In this regard, the political specialist, Dr. Haider Salman, said that “one of the points raised by the Kurdistan Democratic delegation (Al-Parti) at the meeting of Sulaymaniyah with the Patriotic Union (Al-Yakti) is obtaining the position of President of the Republic in exchange for (Al-Yakti) obtaining the federal ministerial positions designated for the Kurds.”



The Supreme Framework Committee is confused and hesitant.. Satisfying Al-Sadr is the biggest problem!

link



A well-informed political source said about the ongoing negotiations to form the government that "the task is still complex and tainted by many difficulties, as the selection committee has differences in views on some of the names presented."

The well-informed politician said, asking not to be named: “The committee wants to resort to selection mechanisms, while there are still differences over some of these mechanisms, including, for example, the first line that was excluded. There are those who see that a figure like Haider al-Abadi could be a successful settlement candidate, in addition to a tendency to renew the current Prime Minister Mustafa al-Kadhimi, despite the strong objections to him among the majority of the leaders of the framework, but some see that there is a real Iranian desire for him to remain, as he is still He holds the file of foreign relations, especially the file of the relationship between Iran and the Arab Gulf states, Iran and the United States, and Al-Kazemi’s survival with an Iranian desire is not a good thing and is not acceptable to many Iraqi political and popular circles..

Among the members of the High Commission in charge, there are those who wish to choose National Security Adviser Qassem al-Araji as prime minister for reasons he deems sufficient to give him preference over his competitors, and among these reasons is that he combines flexibility and rationality in decision-making, and strength and firmness in its implementation, and this was demonstrated during his tenure of the Ministry of Interior in the government of al-Abadi. ».

The well-informed politician believes that “while the commission in charge must take into account the recommendations of the leadership of the coordination framework, it, on the other hand, cannot ignore the position of the leader of the Sadrist movement, Muqtada al-Sadr regarding the name that can be agreed upon to head the government,” explaining that “the ghost of al-Sadr and the veto.” The petition presented by a number of leaders of the coordination framework, led by al-Maliki, makes the task of the committee difficult, which can postpone the resolution to other days and not within 72 hours, as the framework circles say.

Also, the issue will not end just because the “coordinating framework” announces the name of the candidate for prime minister. Where the Kurdish dispute still exists over the candidate for the post of President of the Republic.

In parallel to the meetings of the "coordinating framework" forces in Baghdad, the meetings are being talked about as being decisive in Erbil to resolve the file of the position of the president of the republic between the two Kurdish parties (the Kurdistan Democratic Party and the Patriotic Union of Kurdistan).

The most important thing in everything that is being talked about is the possibility of the leader of the Sadrist movement accepting the candidate's name or not. In the event that Sadr turns a blind eye to the name of the candidate, it is a green light for his acceptance by the other political blocs. But if al-Sadr rejects the candidate, the government, even if it is formed, will not continue because al-Sadr will move the angry street against it.


Including Iraq.. 6 countries supply the European Union with one million barrels of oil per day

link

 

1643608458109.JPG

 

The S&P Global Commodities at Sea platform confirmed that 6 countries supply the European Union with one million barrels of crude oil per day in compensation for Russian crude.

The platform said that despite the decline in EU imports of Russian crude by more than 1 million barrels per day compared to pre-war levels, Russia remains the largest exporter of crude shipped from the trading bloc with more than 1.8 million barrels per day of flows to the European Union in early July. This July. 

The data also indicated that the United States, Norway, Egypt, Iraq, Brazil and Angola have become major alternative crude suppliers to the European Union, collectively supplying an additional 1 million barrels of crude oil since last February.

It indicated that although the EU embargo excludes Russian crude exports through the Druzhba pipeline to central Europe, the EU was importing about 2.3 million barrels per day of Russian crude and 1.2 million barrels per day of its oil products before the war.



Abdullah: There is no election for the President of the Republic before the framework agreement is reached on the candidate for prime minister

link

Deputy Speaker of the House of Representatives, Shakhwan Abdullah, announced that the election of the President of the Republic will not be included in the Parliament's agenda, until the coordination framework reaches an agreement on the candidate for the position of prime minister.

Abdullah said in a press statement: "We have not set a date for our meeting with the heads of the parliamentary blocs, and it may not be held today."

The meeting was scheduled to take place between the Presidency of the House of Representatives and the heads of parliamentary blocs at 11:00 this morning, to set a date for the election of the President of the Republic. 
The Kurdistan Democratic Party and the Patriotic Union of Kurdistan have not yet agreed on a single candidate for the post of President of the Republic, and Reber Ahmed is still a candidate for the Democratic Party and Barham Salih is a candidate for the Patriotic Union. 
Regarding setting a date for the parliament session to elect the president of the republic, Shakhwan Abdullah affirmed that they will not allow the ball to be thrown in the court of the Kurdish forces, adding that "the election of the president of the republic will not be included on the parliament's agenda, until the coordination framework reaches an agreement on a candidate for the position of prime minister." 

He added that "we are insisting on reaching an agreement between the Patriotic Union of Kurdistan and the Kurdistan Democratic Party," noting that "meetings are being held at a high level, and we have not been informed of anything so far about a single candidate, and we insist on the need for the two parties to reach an agreement."
The coordination framework had called in His last statement was for the Kurdish parties to intensify their dialogues and agree on a candidate for the presidency, or to present a mechanism for his election before the parliament session, which the framework demanded to be held to elect the president of the republic.


\\\\\

In order not to be a government of promises without promises..a deputy sends a message to the coordinating framework

link

 

On Thursday, the representative of the Azm Alliance, Khaled Al-Obeidi, sent a message to the coordination framework regarding the formation of the government and the selection of the prime minister.

Al-Abdi said in a tweet via Twitter, followed by / Mawazine News /, that the size of the frustration felt by the Iraqis due to their loss of hope in the political system, holds all blocs, led by the brothers in the "framework", a great responsibility to expedite the nomination of the Prime Minister to form a government of services, investments and employment, which determines the ceilings It is obligated to carry out its duties towards the Iraqis, so that there is no government without promises. 


Al-Kazemi reviews the details of the political and field situation in front of the heads of political

link

Al-Kazemi reviews the details of the political and field situation in front of the heads of political blocs

 

Today, Thursday, the Iraqi presidencies, leaders of political forces, parties and national blocs and their representatives held a meeting at the government palace in Baghdad, at the invitation of Prime Minister Mustafa Al-Kazemi; To discuss the latest security situation imposed by the Turkish aggression on Iraqi lands in the Dohuk Governorate in the Kurdistan Region of Iraq; Which led to the death and injury of a number of Iraqi citizens, mostly women and children.

The Media Office of the Council of Ministers stated in a statement received by the National News Center that "the Prime Minister reviewed the details of the political and field situation and their developments, the details of the recent Turkish attack, the government's follow-up to the families of the martyrs and the wounded, and the measures taken at different levels. To defend Iraqi sovereignty and the security, political and diplomatic steps taken by the government, as well as the complaint that Iraq will submit to the UN Security Council and the United Nations, and the nature of the international position in condemning the attack.

The attendees affirmed the unity of the Iraqi national position in protecting the sovereignty of Iraq and the lives of Iraqis, and condemning the Turkish aggression, as well as supporting measures aimed at international complaints.

The meeting reiterated, “the emphasis on Iraq’s respect for the principles of good neighborliness, and the prevention of aggression against the lands of neighboring countries from its lands, and Iraq’s refusal to be an arena for settling accounts between illegal armed groups and the Turkish army, or exporting internal crises to others, or assaulting its rights, sovereignty and security of its people.” “.

The meeting stressed the coherence of the political and popular stance towards the challenges, and called on the government to take all necessary measures and steps to protect Iraq's security and sovereignty, and prevent the recurrence of attacks.


Details of Al-Kazemi’s meeting with the leaders of the political forces

link

 

Today, Thursday, the four presidencies held a meeting with the leaders of the political blocs at the invitation of the Prime Minister, Mustafa Al-Kazemi; To discuss the latest security situation imposed by the Turkish attack on Dohuk.

The media office of the Prime Minister stated in a statement received by Mawazine News that "the presidencies, leaders of the Iraqi political forces, parties and national blocs and their representatives, held a meeting on Thursday evening at the Governmental Palace in Baghdad, at the invitation of Prime Minister Mustafa Al-Kazemi, to discuss the developments in the security conditions imposed by him. The Turkish attack on Iraqi lands in the Dohuk governorate in the Kurdistan region of Iraq, which led to the death and injury of a number of Iraqi citizens, most of whom were women and children.

 He added, "The Prime Minister reviewed before the meeting the details of the political and field situation and their developments, the details of the recent Turkish attack, the government's follow-up to the families of the martyrs and the wounded, the measures taken at different levels to defend Iraqi sovereignty and the security, political and diplomatic steps taken by the government, as well as the complaint that Iraq will submit. To the UN Security Council and the United Nations, and the nature of the international position in condemning the attack.

The participants affirmed, according to the statement, "the unity of the Iraqi national position in protecting the sovereignty of Iraq and the lives of Iraqis, and condemning the Turkish aggression, as well as supporting the measures aimed at international complaints."

The conferees reiterated "Iraq's respect for the principles of good neighborliness, and the prevention of aggression against the lands of neighboring countries from its lands, and Iraq's refusal to be an arena for settling accounts between illegal armed groups and the Turkish army, or exporting internal crises to others, or assaulting its rights, sovereignty and the security of its people." "

The meeting stressed "the coherence of the political and popular position regarding the challenges, and called on the government to take all necessary measures and steps to protect Iraq's security and sovereignty, and prevent the recurrence of attacks."


from the CBI website

electronic platform

link


he Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks .. To view, click here

M/ the electronic platform

 good greeting .

 Proceeding from this bank’s keenness to develop banking work in accordance with international best practices in line with the technical developments witnessed by the global banking industry, which will be reflected in raising the level of compliance of the banking sector operating in Iraq with local and international requirements, which will give it more opportunities to expand external banking activities with  Correspondent banks, thus attracting a larger segment of the commercial operations available in the market.

 As this bank will adopt a specialized platform for the purposes of exchanging documents and data with all banks, which will allow you to benefit from many services, including trading foreign currencies and stocks, and access to global financial markets in order to analyze financial data to benefit from them in raising the level of efficiency of decisions related to investment and others, so your banks must

 Subscribe to this platform no later than 15/8/2022

 And you can contact the Department of Financial Operations and Debt Management via e-mail (e-platform@cbiraq.info) for the purpose of asking any inquiry or clarification from you regarding the method of subscribing to it. with Appreciation.


State law deputies launch a reconciliation initiative between alSadr and al-Maliki 

link

Today, Thursday, a member of the State of Law coalition, Fadel Mawat Kassar, revealed the launch of a mediation initiative by the State of Law deputies for .reconciliation between Maliki and al-Sadr

Kassar said in a statement to (Baghdad Today), "The State of Law's deputies will launch a mediation initiative for reconciliation between the leader of the Sadrist movement and the leader of the State of Law coalition, Nuri al-Maliki, in order to end ".sedition and miss the opportunity for saboteurs

Earlier, an informed source said that a meeting is being held with the participation of all state lawmakers and a number of clan dignitaries and sheikhs to work and launch .a reconciliation mediation between Mr. Muqtada al-Sadr and Mr. Nuri al-Maliki

The source told (Baghdad Today), "The meeting is currently taking place in the office of Representative Sheikh Muhammad Al-Sihoud in Baghdad, Palestine Street, and a ".statement will be issued in this regard


Iraq's employees want a new salary scale that achieves justice

link

 

The Iraqi government is moving to amend the salary scale within the next government program to reduce disparity and raise the income of employees of the lower ranks of the career ladder.

The General Secretariat of the Council of Ministers confirmed, on Thursday 07/21/2022, that the government is working to amend the government’s salary scale,

Ministries raised financial allocations to increase the salaries of their employees, while the same specialization, certificate and degree in another ministry receive the least salaries, which causes societal disparity among state employees.

Economists believe that the salary scale in Iraq in general has no justice and there is a great disparity between one degree to another, and that prices in general rose at all levels as a result of the rise in the exchange rate of the dollar against the dinar, offset by a decrease in the purchasing value.

Opinions state that the current salary scale is unbalanced and cannot remove injustice from a large segment of employees unless a new salary scale is approved.

Lawyer Hussein Ahmed talks about the huge disparity between the salaries of state employees. He says that an employee of the sixth degree receives approximately six hundred thousand dinars in education, agriculture and trade, in return for another employee of the same degree, but an employee in the secretariat of the prime minister, in parliament, in the central bank, in embassies or in Oil or foreign affairs, he receives no less than two million dinars!

facts

Most Iraqis with low incomes see the Iraqi state and its laws encouraging class differences.

The differences between the salaries of the employees caused the people with the few salaries to leave in large demonstrations calling for the unification of salaries.

The Parliamentary Finance Committee said, on Wednesday, July 6, 2022, that there are three reasons behind the obstruction of the discussion of the salary unification law, the first of which is the political situation and the withdrawal of the Sadrist bloc, and the accompanying repercussions that led to the disruption of the work of parliamentary committees.

He added: While the second and third reasons were the committee's initiation during the last period to draft the food security law that was approved, and the parliament's announcement that it had entered the recess of the first legislative term.

Dr. Hassanein Hamid expresses his opinion by saying: Justice disappears in the distribution of salaries among state institutions. There are departments such as the three presidencies, electricity, higher education, oil, the central bank and the diplomatic corps. or water resources.

Hamed added: This great disparity prompted most employees to transfer their services to departments with the most salaries and allowances, on the one hand, and on the other hand, the employee in general faces a sharp decrease in the value of the salary, which came due to the increase in the value of the dollar, which reduced nearly 30% of the salary with the accompanying increase In terms of prices, the government did not increase or support the employees in the lowest levels most affected, 10, 9, 8, 7, 6 and 5.

On Wednesday, July 6, 2022, Minister of Planning Khaled Battal Al-Najm pointed out a defect in the salary system in the government sector in the country, and while he indicated that employees in the fifth degree down the poverty line, he stressed the need for a political decision to address the differences in salaries.

Muhsin al-Jubouri, a municipal worker, says: We make more effort than the employee who sits in a circle, but our salaries are not enough to meet our needs.

As the educational teacher Yasser Al-Shammari says: Our salaries rise according to the service, but its rise is small and does not equal the educational fees.

And because the salary scale in Iraq does not have justice and there is a great discrepancy between one degree and another, the directors of departments and sections receive huge salaries of up to 3 million dinars and more.


Below here is the WOTS for the day "Word on the Street" report:

List of the Iraqi dinar exchange rate against the dollar on the Iraqi Stock Exchange for today, Thursday (July 21, 2022), according to specialists.  

 

Baghdad - the stock exchange  

148,475  

—-  

The price is in most Baghdad exchanges  

148,000  

149,000  

——————  

Najaf - Bursa  

148,550  

———————-  

Basra - Bursa  

148,550  

———————-  

Erbil - Bursa  

148,650  

———————-  

Sulaymaniyah - Bursa  

148,675  

———————  

Mosul - Bursa  

148,650  


The Markets:
The Asian markets closed mixed NIK up by .44% HSI down by 1.51% SHANG down by .99%
The UK markets are currently trading in the red mostly from .39% to 1.58% 
Our futures are currently trading mixed DOW at 31783 down by .21% SNP at 3959.25  down by .07% NDX at 12478 up  by .11%

Precious Metals:
Gold is red at 1680 Silver is red at 18.16 Copper is green at 327 Platinum is red at 833 

Brent 102 WTI  95   Bitcoin: 22,984  10 yr yield: 3.05

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1431.7000  1490.6000 1456.8000 1456.8000 1456.8000  -1.7000 06:22
 USD/VND  23410.0000  23420.0000 23417.0500 23413.6900 23417.0500  -3.9100 03:01
 USD/CNY  6.7671  6.7691 6.7686 6.7546 6.7546  0.0125 05:00
 USD/KWD  0.3072  0.3082 0.3075 0.3073 0.3075  -0.0003 04:54
 GBP/USD  1.1946  1.1950 1.2003 1.1921 1.1974  -0.0028 05:04
 USD/IRR  42100.0000  42600.0000 42378.5000 42358.6000 42378.5000  29.3000 11:44
 USD/IDR  15057.0000  15057.0000 15059.0000 14970.0000 14970.0000  83.0000 05:04

Things in the News:


Iraqi Articles:

Oil prices fall as demand fears outweigh

link

 

Oil prices fell, on Thursday, for the second session in a row, as demand concerns overshadowed limited global supplies, after US government data showed tepid demand for gasoline during the peak summer driving season.

Brent crude futures were down 83 cents, or 0.78 percent, at $106.06 a barrel by 04:38 GMT.

West Texas Intermediate crude futures fell $1.96, or 1.88%, to $102.26 a barrel.

Oil prices were volatile as traders were forced to cut demand due to the loss of Russian barrels in the wake of the country's invasion of Ukraine, with recession fears that could dampen energy demand.

Government data on Wednesday showed US gasoline stocks rose 3.5 million barrels last week.

In Libya, the National Oil Corporation said that crude production has resumed in several oil fields, after lifting force majeure on oil exports last week.


Parliament sets a condition to determine the date for the election of the President of the Republic

link

 

The Iraqi political arena is preoccupied these days with two tracks that complement each other. While no new news about the name of the candidate or candidates for prime minister was nominated by the coordination framework, and things remained oscillating on previous expectations and timings, the two Kurdish parties “Al-Kiti” found the Patriotic Union and the Democratic Party Both of them are in the last mile race to decide the name of the candidate for the presidency, at a time when Parliament distanced itself from setting the date of the upcoming election session, conditioned on political consensus outside its corridors.

"The Kurdish political blocs hope that the two Kurdish parties will reach an agreement in this regard," said the representative of the Patriotic Union of Kurdistan, Dylan Ghafoor, in an interview I followed (Iraqi Media News Agency / INA).

She added, "Meetings at the leadership level are continuing to reach a consensus figure for the position of President of the Republic, and we hope that we will reach a specific agreement, and in the event that no solution or agreement is reached between the two Kurdish parties, the scenario of 2018 will return to the political front."

For his part, the leader of the Patriotic Union of Kurdistan, Ghiath Al-Sorji, said in an interview that was followed by (the Iraqi Media News Agency / INA): “A meeting was held between the two parties, the Patriotic Union and the Democratic Party, represented by the head of the Union Party, Bafel Talabani, and the leader in the Democratic Party, Minister of Foreign Affairs Fouad. Hussein, and no statement was issued regarding the content of the meeting.

He added, "The meeting discussed resolving the issue of the position of the President of the Republic, and what happened in the meeting is a prelude to a meeting in the next few days between the two political offices, and if necessary, the heads of the National Union and the Democratic Party will meet."

And he indicated that "the two options presented are that (Al-Party) will have the position of President of the Republic in exchange for (Al-Yakti) obtaining the federal ministerial positions designated for the Kurds, or (Al-Yakti) withdraws his candidate for the position of President of the Republic, and the two sides agree on a joint candidate for the position," explaining that "these options are not options. Neither the National Union nor the Democratic Union, but rather it is about putting forward part of the forces of the coordination framework as solutions to break the political blockage and nominate the candidate for the post of President of the Republic.”

In this regard, the political specialist, Dr. Haider Salman, said that “one of the points raised by the Kurdistan Democratic delegation (Al-Parti) at the meeting of Sulaymaniyah with the Patriotic Union (Al-Yakti) is obtaining the position of President of the Republic in exchange for (Al-Yakti) obtaining the federal ministerial positions designated for the Kurds.”




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 July 21st, 2022 total sales amount $263,475,289

including   $21,800,000. CASH 



ISX Update:   

www.isx-iq.net/   

Shares Traded: 
Value Traded: 

closed 


7-20-2022   Intel Guru MarkZ   [via PDK]  There is definitely a high alert for the next 7 hours through early in the next week…on the banker side they are very much thinking 7 hours through the next 4-5 days…that is when they believe we are going to see things.  I have a Treasury contact that says sometime over the next 3 weeks…and the absolute worst case scenario from an International contact that says things could drag out as long as September. But, the overwhelming majority...believe it’s absolutely any moment within the next 7 hours to early next week…. Most are watching the next 24 hours.

7-20-2022   Newshound Guru Tivon
  ...What did Al-Kazemi command of his cabinets on June 23rd? To address the USD rate at the earliest legislative session correct? Well what is coming up this week? ...the EFSL can not work without a rate change...So what does he request of all ministries this past Sunday? To adjust contracts & wages...

7-20-2022   Newshound/Intel Guru Mnt Goat   Article:  "THE PATRIOTIC UNION OF KURDISTAN EXPLODES A SURPRISE ABOUT THE PRESIDENCY OF THE REPUBLIC"   We could be getting very close the conclusion of the new govt. Let us hope & pray there are no other snags...

7-20-2022   Intel Guru Frank26  [ Iraq boots-on-the-ground report] FIREFLY:  My banking friend says watch for something this week from the CBI in relation to putting the dinar back to the previous rate.  Not sure what rate but that's what he told me...not sure if they mean 1200 but we're watching for something from the CBI.  Hopefully they will put it back this week.  My bank friend is telling me look this coming week...  FRANK:  Yes, IMO we know there is a change is coming and the fact that they are telling you directly straight to your face is extremely good.  We are as close as your breath is to your lungs...


7-20-2022   Newshound Guru Pimpy  Until this government is formed, everything is stabilized, it's going to be a while before the exchange rate has changed...

7-20-2022   Intel Guru MarkZ   [via PDK]  There is so much positive intel and a crazy amount of anticipation today...We continue to get phenomenal news out of Iraq. They are expecting that reset at any moment as far as their value goes….Most of the chatter I am hearing out of Iraq is they expect a reinstatement…which would put the rate in the high $3’s…their articles all talk about  “restoring the value of the dinar to prewar rates” ...Stay grounded just in case we get to tomorrow and do not see a rate change. We are in –what appears to be the final days of this... we are hearing good news from everywhere

7-20-2022   Newshound Guru Samson   Article:  "After the judiciary opened an investigation into the audio leaks, Al-Maliki may face execution or life"  Quote: "If the recording is proven correct according to the judicial investigation, the penalties that will face those who threatened to kill, incitement to civil war, and incitement to attack a holy city, according to the anti-terror law, and the penalty is up to death or life, considering what was stated in the recording is a threat to Iraqi national security and stirs up sectarian strife according to Anti-Terrorism Law No. 13 of 2005."

7-20-2022   Newshound Guru Walkingstick   [via Frank26]   The monetary reform must be announced after the seating of the government and at that time they will also discuss the dinar's value and billions to be put into circulation in the streets of Iraq for the citizens.  This part is for the citizens IQD exchange in country going from the three zero notes to the new small category notes exchange in their country.

7-20-2022   Newshound/Intel Guru Mnt Goat  Article:  "...IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION"   Does Iraq need an international currency to join the WTO?  No, they do not however, I believe they are attempting to do so prior to becoming a full member of the WTO  Certainly an international currency would make it much easier to trade if you have a currency on FOREX.  Quite frankly, I believe it would be extremely hard for Iraq to conduct major trading of goods and services with the rest of the world through the currency process of the auctions and being pegged solely to the US dollar. The risks would be too high and they know it.  This is part of the White Paper reforms to go to FOREX.

7-20-2022  Intel Guru MarkZ   [via PDK]  News from Iraq is still stunning….  Rumors from Folks on the ground are still looking for the rate this Wednesday or maybe Saturday of this week. This is what they are hopeful for…. We will have to wait and see if it pans out.

Catnip's Corner:
On Hiatus

No comments:

Post a Comment