Wednesday, July 27, 2022

WOTS TUE JUL 26 22 Adviser to the Iraqi Prime Minister determines one option to reduce the dollar exchange.. He predicts the fate of the 2023 budget

 WOTS TUE JUL 26 22 

Adviser to the Prime Minister determines one option to reduce the dollar exchange.. He predicts the fate of the 2023 budget


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To Give The Kurds A Chance To Agree” .. Parliamentary Favoring The Holding Of The Session To Choose The President Of The Republic Next Week

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Representative of the State of Law coalition, Muhammad Chihod, suggested, on Tuesday, that a session to choose the president of the republic would be held early next week, while stressing that the postponement of the session came to give an opportunity for the Kurdish parties to agree on one candidate for the post of president.

Chihod said in an interview with the "Information" agency, that "the coordinating framework or the largest parliamentary bloc may submit a request to the parliament presidency to hold a session to pass the President of the Republic," considering that "the agreement between Al-Yakti and Al-Party on one candidate for the Peace Palace will end the issue of forming the new government."

He added, "In the event that the presidential election session is not held next Thursday, its date will be at the beginning of next week, in order to give an opportunity to the Kurdish parties; To agree on one candidate for the presidency.

The representative of State of Law explained that “the Kurds if they do not agree on one candidate, then the matter will be in the hands of the members of the House of Representatives, pointing out that there are more than 20 candidates for the presidency of the republic by all Kurdish parties, and one candidate will be voted on.”

According to the Iraqi constitution, the second step, after the vote on choosing the presidency of the parliament, is to vote on the candidate for the presidency, after which the new President of the Republic assigns the candidate of the major parliamentary bloc to form the government and submit it to Parliament for confidence within one month after the assignment


The appearance of Muhammad Salih: The issuance of a late budget law is better than the end of the fiscal year without it

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The financial expert, the advisor in the Cabinet, confirmed that the issuance of a late budget law is better than the end of the fiscal year without it.
He told the National Iraqi News Agency ( NINA ) that the availability of the appropriate legislative atmosphere is necessary for approving the general budget, even if its issuance was late.

Saleh added: Issuing a budget law is better than the end of the fiscal year, which is empty without a general budget.

The state budget law was supposed to be approved at the beginning of this year


A New Parliamentary Movement To Restore The Price Of The Dollar To Its Previous Era

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The representative of the National Approach Alliance, Hassan Al-Asadi, indicated, on Tuesday, the possibility of reducing the dollar exchange rate in the new general budget, stressing that there is a parliamentary movement to return the dollar exchange rate to what it was previously.

Al-Asadi said in a statement to "Al-Maalouma", that "there is a parliamentary move to reduce the dollar exchange rate in the new budget to its previous price."

He added that "all the justifications adopted by the caretaker government regarding changing the exchange rate of the dollar had negative economic effects on the Iraqi people."

Al-Asadi pointed out that “lowering the dollar exchange rate should be a priority for the next government,” noting that “Iraq is going through a very bad economic situation as a result of the caretaker government’s confusion and its raising of the dollar exchange rate.” 


Hopes related to the new government.. Returning the dollar price is the first task 

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here we go again ...

Today, Tuesday, the representative of the Al-Fateh Alliance, Rafiq AlSalihi, announced the existence of a parliamentary movement aimed at .restoring the price of the dollar to its previous era

Al-Salihi told (Baghdad Today), that "the parliamentary movement aimed at restoring the exchange rate of the dollar against the Iraqi dinar, as it was previously, continues, and it will not stop until after achieving its full goals, in order to lift the ".injustice against the poor citizen

He added, "Restoring the dollar's exchange rate against the Iraqi dinar will be one of the first tasks of the new Iraqi government, as the new government will be with the citizen, not against the citizen, as Mustafa Al-Kazemi's government worked in many ".decisions

On December 19, 2020, Finance Minister Ali Abdul-Amir Allawi announced the adoption of a new price for the Iraqi dinar, against the dollar, at 1450 dinars, as part of what he described as the reform policy of the . government that will be adopted during the 2021 budget

The country is facing a stifling financial crisis due to the drop in oil prices, and the government aims from the decision to reduce the value of the dinar to bridge the financial deficit in the operating budget, as it resorted to reducing the value of the local currency after maintaining the price of 1200 dinars to the dollar, in order to secure internal expenses, with a decline The value of the country's oil imports to less . than half

Allawi indicated that his ministry will raise the dollar exchange rate to 1450 dinars for the dollar sold to the Central Bank of Iraq, indicating that next year's budget will be . reformist

He pointed out that the Central Bank will add a margin to the specified price, explaining in an interview with reporters that the margin that the Central Bank will .add will not be large, and may reach 1490 dinars per dollar 

 

 

Adviser to the Prime Minister determines one option to reduce the dollar exchange.. He predicts the fate of the 2023 budget

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Adviser to the Prime Minister determines one option to reduce the dollar exchange.. He predicts the fate of the 2023 budget

 

The Prime Minister's Advisor for Economic Affairs has identified one option to reduce the dollar's exchange rate against the Iraqi dinar, while predicting the fate of the 2023 budget.

Haitham al-Jubouri said; For the program {Alstra} broadcast by Al-Furat satellite channel tonight, that: “The financial equation in the country is the one that controls the exchange rate of the dollar, and if we want to strengthen the dinar and convince investors abroad to invest in the country gradually, the dollar begins to decline, i.e. encouraging investments and increasing non-oil revenues will raise the level of value of the dinar. 

He added, "The Iraqi people are increasing by one and a quarter million people annually, and if we do not remedy the situation and make plans, we will actually suffer in paying salaries during the coming years. The future of future generations cannot be mortgaged to fluctuating oil prices."

Al-Jubouri explained, "In Iraq, if thinking about the economy remains in the same current mechanism, we will have mercy on the current exchange rate, and the white paper remained ink on paper without brains;

With regard to the federal budget for the fiscal year 2023, al-Jubouri said, "It can only be approved by the presence of a new government and not necessarily the same approach as the current government. It may take austerity for the sake of the article, but if the current government remains, we will proceed with setting the doors of law." 

And he continued, "Prime Minister Mustafa Al-Kazemi is the most president who followed up on the energy file in the country, and Iraq spent nearly $6 billion on the electricity sector in 2021, and there was supposed to be a levy for electricity that covers the ministry's costs completely, but it does not currently reach 15%." 

Al-Jubouri went on to say, "The Federal Court's decision that the oil and gas law in the Kurdistan region is unconstitutional is a good step to negotiate with the federal government, and the Office of Financial Supervision is responsible for following up on the revenues generated from the region's oil, while the advances that the region currently receives are deducted from its share in the budget."

Regarding the economic pressure paper on Turkey after the criminal attack against civilians in the Bazakho resort, al-Jubouri said, "It is possible that the government has now begun to escalate. There is a complaint submitted to the Security Council and there is an intention for the presence of Iraqi forces in the areas adjacent to the Turkish border."

He stressed, "the need to arrange the situation before the boycott and to find an alternative to import, as the value of our imports from Turkey exceeds 20 billion dollars, which is higher than China."
Regarding automation, Al-Jubouri commented, “Iraq needs the correct automation of the border crossings, and we need other measures to make the automation step successful,” noting “Al-Kazemi’s failure in the financial file, but in general he acted wisely and got Iraq out of major crises.”

With regard to the political file, al-Jubouri stressed, “The framework is keen on the unity of the national ranks by nominating Muhammad Shia al-Sudani for the position of prime minister, and I think that his personality is acceptable to all parties and he is known for his integrity, and so far most of the blocs are welcome. 

Al-Jubouri concluded, "The two Kurdish parties are both insisting on their candidates for the presidency, and the nomination of Al-Sudani will lead to the acceleration of deciding the position of President of the Republic."



The "Cherionists" are discussing the "Sudanese candidacy": the popular escalation is very likely

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The prominent civil activist, Abu Zain Al-Abidin Al-Hasnawi, revealed today, Tuesday, meetings and contacts between the coordinations of the Tishreen demonstrators to discuss the issue of the nomination of Muhammad Shia Al-Sudani for prime minister by the coordination framework.

Al-Hasnawi told Shafaq News Agency, "Since the first hours of the coordination framework's announcement of Muhammad Shia'a Al-Sudani's candidacy, contacts and meetings took place between a number of Tishreen coordination activists and demonstrators with the aim of coming up with a unified position towards this nomination."

And he indicated that "the coordination of the October demonstrators has a clear position on the nomination of Muhammad Shia Al-Sudani for prime minister, as it rejected this nomination previously, and the issue of returning to the popular protests is very possible to reject this nomination, and this matter is under discussion and discussion between the coordination of the October demonstrators, and in the coming days, a position may be issued. official and unified for the next stage.

Yesterday, Monday, the coordination framework officially announced the selection of Al-Sudani as a candidate for prime minister, explaining that his selection came during a meeting and in a "positive atmosphere."

Al-Sudani is one of the leaders of the Islamic Dawa Party. He ran several ministries in successive governments, and was nominated by Nuri al-Maliki to head the new government


18 French military radars for Iraq

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The American "Defense Industry Daily" website, which specializes in military news, stated that the French multinational company "Thales" will provide Iraq with four air defense radars.

 

In a report translated by Shafak News Agency, the website stated that "Thales Group" designs, develops and manufactures electronic systems and equipment devices for the aviation, defense, transportation and security sectors, and will supply Iraq with the four "GM403" - Ground Master radars, under a contract that also includes Providing the Iraqis with a command and operations center.

The report indicated that the cornerstone of the operations center had been laid.

She added that the second phase of cooperation between Iraq and the French company may include a contract to supply Iraq with 14 additional GM200 radars.

In another context, the report stated that the American company "Sally Port Global" for industrial and transportation services, won an "unspecified" contract to support basic operations and security services in order to support the Iraqi "F-16" program.

The report indicated that the American company's operations will take place at the "Brigadier General Martyr Ali Falih Air Force Base" (Balad Base).

According to estimates, the company's business will be completed by January 30, 2023. He pointed out that this contract is part of a single acquisition agreement that includes military sales to Iraq.




The Foreign Minister arrives in New York to attend the Security Council session

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noo details yet


What did the minister of al-Sadr mean by the image of the (Sudanese) who shakes hands with his shadow?

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The publication of a page close to the leader of the Sadrist movement, Muqtada al-Sadr, in the name of Saleh Muhammad al-Iraqi (the Minister of the Leader), a picture of a Sudanese man with a comment with the phrase (Sudanese shakes hands with his shadow) sparked a wave of comments and analyzes, as those close to and followers of al-Sadr read it as a point of reference. To begin by rejecting the nomination, and that Al-Sadr meant that Al-Sudani has a political shadow, or is the shadow of others, in reference to Nuri al-Maliki's rule of law.

While some saw that this publication comes within the framework of an ongoing counter-media campaign to confront all steps of the coordination framework, as Al-Sadr did not want to comment directly on the assignment, so he preferred to go in the direction of ridicule it, while some considered it an unpopular mockery and in it after a clan disparagement and other comments that took place It has been on social media over the past few hours.

However, it is clear that Al-Sudani's task is not easy at all, and that he may wait for difficult days as it seems, and he may end up apologizing for completing the task.


An American company wins a contract worth 127 million dollars to support the F-16 aircraft in Iraq

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The US Department of Defense has announced that Reston-based Acuity International has received a $127 million Air Force contract to provide essential operational and security support for the Iraqi F-16 program .

Under the contract, work will be carried out at Brigadier General Ali Fleih Air Base in Iraq, and is expected to be completed by January 30, 2023. The contract was a single-source acquisition and involved foreign military sales to Iraq.

The Pentagon said a $62.2 million foreign military loan was binding under the grant . According to virginiabusiness website.

The Pentagon has named Sallyport Global Holdings Inc. the award winner in its announcement. Sallyport was a subsidiary of Reston -based Caliburn International , which split in late 2021 to form two companies - Acuity International , focusing on technology services, and Valiance Humanitarian LLC , which had acquired immigration detention contracts for the previous company 


this was  in Iraq's news

Report: 10 reasons why the dollar is the main engine of the global economy

 

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The US dollar is everything to everyone, its fingerprints are in every corner of the global economy: it is the currency in which vital raw materials are bought and sold, and it is the safe haven of investors in times of turmoil.

According to Reuters, the greenback is now at its highest levels in 20 years against other major currencies, thanks in part to expectations that the Federal Reserve (the US central bank) will raise interest rates at a faster pace than most other currencies.

Here are 10 reasons why you should pay attention:

Americans Abroad - A strong dollar is great if you're an American tourist. Hotels, meals and luxury bags are all cheaper by comparison, whether in London, the French Riviera or Cancun. Needless to say, the opposite is true for US-bound travelers - unless they've bought Disneyland tickets or flights to Las Vegas long in advance, which will cost them more.

— Delight equals value — This is an added boon for Americans heading to one of the 19 countries that use the euro and a small consolation for European tourists in the United States. No more math is needed to convert between dollars and euros - you can consider it pretty much a one-for-one thing now.

Made in America - For shoppers around the world looking for the best American brands, a strong dollar means they may end up paying a premium unless local distributors try to mitigate the impact of the currency.

Only in recent days have US companies such as Mattel - maker of Barbie dolls and Hot Wheels toy cars - said they have been hurt by the dollar's rise, even if consumers seem willing to pay higher prices.

For consumer goods giant Procter & Gamble — maker of consumer products like diapers and Ariel laundry powder — a rising dollar always tends to have a similar effect on its sales.

An Emerging Problem - For Argentine residents, the dollar's appreciation against the peso has doubled domestic prices in just one year and led to an escalating economic crisis.

 

Governments and companies in many emerging economies finance themselves by issuing bonds in US dollars. Amounts owed now have increased in value when measured in their local currency. Markets' ways to get more credit are also becoming more expensive due to rising interest rates in the United States.

Raw materials - Countries such as Turkey and Egypt, which import much of their raw materials, have been hit by a double whammy. Most commodities, from oil to wheat, are priced in US dollars, which means they pay more in their local currencies for every barrel or bushel they buy.

This comes at a time when prices for many of these materials have already reached multi-year highs due to the crisis in Ukraine, severe changes in weather conditions and the consequences of the Covid pandemic.

Supporting families - The dollar's rise is good news for residents of poor countries like Mexico and Guatemala who depend on money sent by relatives working in the United States. The fallout from COVID-19 dealt a heavy blow to these remittances in 2020, but they have seen a steady recovery since then.

Inflation – Even for wealthier countries like Germany, a rising dollar can cause problems because it helps fuel already high inflation through more expensive imports. Domestic central banks have generally responded by raising interest rates, which makes credit more expensive and slows economic growth.

Rise of the ruble - The Russian ruble is the only currency in the world to make an effortless profit against the dollar this year - an unexpected result for a country under international sanctions because of the Ukraine crisis.

But this power - a somewhat artificial result of foreign exchange controls - is of little use to ordinary Russians. Moscow may be making tens of billions of dollars each month from energy sales to the West, but Russian households still cannot withdraw their foreign exchange savings. Many Western brands, from Adidas to H&M and Ikea, have stopped selling their products in Russia since the crisis began.

Cryptocurrency Bitcoin is being marketed as the last shield against inflation, but the world's largest digital currency has fallen short of its promise and has lost more than half its value this year despite runaway consumer prices in large parts of the world. The legions of retail investors who were drawn to cryptocurrency during last year's market rally have dumped it and shifted their savings to the safer US currency they saw.

Dollar Strength – If we take the price of a burger as an example, the dollar might actually be very strong and very likely to fall.

The Economist's Big Mac index, which compares the price of burgers around the world, shows that the US currency is overvalued against all but a handful of currencies. The dollar is the most expensive — and the Big Mac is cheaper for the American traveler — in Venezuela, Romania and Indonesia. The opposite is true in Switzerland, Norway and Uruguay.


Whether the Kurds agree or not, a parliamentary movement to expedite the holding of the presidential election session

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The deputy for the coordination framework, Mahdi Taqi, confirmed today, Tuesday, the existence of a parliamentary movement aimed at expediting .the holding of the presidential election session

Taqi told (Baghdad Today), "The session for electing the president of the republic cannot remain suspended due to the Kurdish-Kurdish dispute over the candidate for this position, and for this there is a parliamentary movement in order to expedite the holding of the session to elect the new president, in order not to disrupt the process ."of forming the government. new

And he indicated that "the movement will work to collect signatures to compel the parliament's presidency to hold a session to elect the president of the republic during the current week or the beginning of next week, even if the Kurds have not reached ".any agreement regarding the candidate for the presidency

It is worth noting that the Kurdistan Democratic Party, on Monday, resolved the controversy over an agreement on a compromise candidate .for the presidency

The leader of the Democratic Party, Arafat Karam, said in a tweet that he posted on his official account on the Twitter site and followed by (Baghdad Today): "Our ".position is consistent with regard to our candidate for the presidency


Dana Gas announces that it will continue production after a missile strike targeted a field in the Kurdistan Region

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 The Emirati company, Dana Gas, confirmed today, Tuesday, the continuation of the production process in the Khormore gas field in the Kurdistan Region "in a natural way", after it was subjected to a new missile bombardment.

The company said in a statement via the Abu Dhabi Stock Exchange, seen by Shafak News Agency, that the company continues to produce normally in the Khormore concession area in the Kurdistan Region of Sulaymaniyah Governorate, after two small shells landed on the Khormore gas field.

"As a result, there were no injuries, and production operations continue normally without interruption," she added.

The company said that it is coordinating directly with the Kurdistan Regional Government, and the latter has taken all necessary measures to enhance security measures in Khor Mor.

Yesterday, Monday evening, the Kurdistan Regional Government condemned the repeated attack on the "Kormore" gas field in the Chamchamal district of the Sulaymaniyah Governorate.

"We call on the federal government to take the necessary measures to limit these terrorist attacks and prevent their recurrence, especially since these repeated attacks aim to undermine security and stability throughout Iraq, and economic prosperity in the Kurdistan Region," said Jutiar Adel, in a statement received by Shafaq News Agency. ".

On June 25, 2022, the General Directorate of Counter-Terrorism Forces - CTG reported that the "Kormore" gas field was bombed with at least 6 missiles during three attacks targeting it in close days, from late last June.


Deputy: The Presidential Election Session Will Be Held This Week

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The deputy of the coordination framework, Mortada Ali Al-Saadi, confirmed, on Tuesday, that the presidential election session will be held during the current week, indicating that the coordination framework is awaiting the agreement of the Kurdish House to resolve the presidential candidate to present the prime minister.

Al-Saadi said in a statement to "Al-Maalouma", that "the session to elect the president of the republic and assign a candidate for prime minister will be held during the current week."

He added that "the framework will present the official charged with the prime ministership to Parliament after the decision of the presidential candidate by the Kurdish house," noting that "the framework forces with the unification of the Kurdish house in the progress of the presidential candidate."

Al-Saadi expected "a repetition of the 2018 scenario," noting that "the closest to resolving the presidential candidate in the event that the Kurds do not reach an agreement."

Barzani's Party Rules Out Holding A Presidential Election Session Next Thursday

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The leader of the Kurdistan Democratic Party, MP Mahma Khalil Ali Agha, ruled out, on Tuesday, holding a session of the House of Representatives next Thursday to elect the President of the Republic.

And he said in a statement received by "The Information", a copy of it, that "the upcoming sessions of the House of Representatives will be dedicated to determining the day of the session to elect the President of the Republic in accordance with Articles 70 and 71 of the Iraqi Constitution, in the presence of two-thirds of the members of the House of Representatives."
He added, "As an electoral merit, size and weight, the Democratic Party has the right to present its candidate for the presidency, Professor Riber Ahmed, and this right was used by the other components in the presidency of the House of Representatives and in the prime ministership."

But Ali Agha, saw, “It is in the interest of the Iraqi people that the parties that insist that the position of the President of the Republic be from a particular party, and this matter was left by the Sunnis as well as the Shiites in the positions of the presidency of the Council of Representatives and the ministers, so it is in the interest of the brothers in the National Union not to cling to with this culture.”

Ali Agha suggested, “Two methods are used in the matter of agreeing on a candidate for the Kurdish house for the presidency, which are: either going to one reference, which is the parliament of the region to nominate a candidate for the presidency, or adopting the electoral weight and merit in the process of choosing the party that presents a candidate for the presidency of the republic. “

He explained, "The Shiite house's agreement on Muhammad Shia'a Al-Sudani to nominate for prime minister, we respect him, and he is a national figure, and I dealt with him personally, and he is close to everyone."

He pointed out, "There is a meeting held between President Masoud Barzani and his nephew Bafel Talabani, and they reached advanced levels of understandings, but the issue of renewing Barham Salih as President of the Republic, this will not happen, because Saleh has lost his political compass, and it is not acceptable." In the political space, who accepted Muhammad al-Halbousi for the presidency of the House of Representatives, and Muhammad Shi`a al-Sudani as the prime minister.

And he continued, "Saleh's clinging to this position is what created the political blockage, as he has problems with the coordination framework, and problems even within his party."


Change: Choosing Al-Sudani Is An Important Step To Advance The Political Process

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The leader of the Change Movement, Julie Asaad, confirmed, on Tuesday, that choosing Muhammad Shia’a Al-Sudani for the position of prime minister is a first and important step in moving forward with the political process.

Asaad said in an interview with the "Information" agency, "The interests of citizens have been disrupted and life in general is on hold, and the caretaker government cannot remain."

He added that "Al-Sudani is a professional personality and has experience in managing the state and held several positions and had no differences with political parties or specific components, so his candidacy is a step in the right direction."

Yesterday, Monday, the coordination framework announced the unanimous nomination of Muhammad Shiaa Al-Sudani for the position of prime minister.



Will Al-Sudani succeed in forming the new Iraqi government? - urgent 

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political analyst Adnan Al-Sarraj confirmed today, Tuesday, that the candidate for , the coordination framework for the prime minister, Muhammad Shiaa Al-Sudani, will .succeed in the tasks of forming the new government, among the reasons for this

Al-Sarraj told (Baghdad Today) that "the candidate for the coordination framework for the prime minister, Muhammad Shia'a Al-Sudani, will succeed in the tasks of forming the new government for several reasons, the most prominent of which is that Al-Sudani enjoys international and regional acceptance, and has the support of all Shiite, Sunni and Kurdish political forces, and there is no veto or objection to it by .any bloc or party

And he indicated that "there is a parliamentary majority that will support Muhammad Shia'a al-Sudani's pursuit of the tasks of forming the new government. Therefore, there are no obstacles in front of him with great political and parliamentary support ".for him, and his government will be formed very soon



Iraq signs a memorandum of understanding with the United Nations on the digital transformation project

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The General Secretariat of the Council of Ministers announced, on Tuesday, the signing of a memorandum of understanding with the United Nations Development Program on the digital transformation project in Iraq.

A statement by the secretariat, which Mawazine News received a copy of, stated that, under the patronage of the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, the Director of the National Data Center in the General Secretariat of the Council of Ministers signed, today, Tuesday, with the resident representative of the United Nations Development Program (UNDP) in Iraq, a memorandum Understanding on the digital transformation project in Iraq.

Al-Ghazi indicated, during the signing ceremony ceremony, that the signing of this Memorandum of Understanding is a step forward towards further digital transformation in Iraq, in line with our national strategies and objectives, by strengthening e-governance processes, and establishing a more efficient, modern and reliable civil system for all Iraqis.


He added that the United Nations Development Program (UNDP), through the memorandum, will provide advisory support and training in the field of digital transformation and e-governance by providing specialized international consultants to formulate digital transformation policy, as well as preparing for a national cloud strategy, and developing road maps that support e-government projects.



The framework sends a request to the Presidency of Parliament regarding the voting session on the President of the Republic

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Today, Tuesday, the coordinating framework sent an official request to the Presidency of Parliament to hold a session to vote on the President of the Republic and the Deputy Speaker of Parliament.

And Earth News learned, from an informed source, that "the coordinating framework sent an official request to the Presidency of the House of Representatives to hold the parliament session next Saturday to vote on the President of the Republic and the Deputy Speaker of Parliament."

He added, "Until this moment, the Presidency of the House of Representatives has not set the date for the next session."


Missile bombing near the Turkish consulate building in Mosul 

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Today, Wednesday, a security source reported that a missile attack took place near the Turkish .Consulate building in Mosul The source told (Baghdad Today) that "a missile attack took place near the Turkish consulate ".building in Mosul On Friday, a local source reported that the Turkish bombardment was renewed on the Kani Masi .district in Dohuk governorate

In an interview with (Baghdad Today), the source said, "The Turkish bombing targeted the village ".of Kesta, located in the Kani Masi district in the Amadiyah district, Dohuk governorate


he's waving good-bye

Al-Kazemi assigns his office manager, Raed Jouhi, the duties of the head of the intelligence service

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An informed Iraqi government source revealed, on Tuesday evening, that the outgoing Prime Minister appointed the director of his office as head of the Iraqi intelligence service.

 

The source told Shafaq News Agency, "Al-Kazemi assigned his office manager, Raed Jouhi, with the tasks of the head of the Iraqi intelligence service, and the assignment letter will be officially issued in the coming hours


July Diaries..Monitoring calls for a major demonstration in Tahrir Square

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Wednesday 27 July 2022

Invitations to a large demonstration in Tahrir Square and then launch in front of the green gates

Tuesday 26 July 2022

An armed group targets the vicinity of the Turkish consulate in Mosul with missile strikes

Security Council begins emergency session on Turkish aggression on Iraq

3 gangs arrested for smuggling antiquities and promoting counterfeit currency in three governorates

Integrity seizes extortion and illegal transfer of real estate in Diwaniyah and Muthanna

Education announces the opening of the application form to the licensed teachers channel

Farmers accuse water resources of ending agriculture in the Muthanna desert

The thresholds of Karbala complete its preparations to commemorate Ashura ceremonies

Health records 2,654 new cases of corona

Education tests students who will represent Iraq in the ALECSO Olympiad

The Foreign Minister arrives in New York to attend the Security Council session

The Council of Ministers holds its regular session headed by Al-Kazemi

A security force detonates a booby-trapped den in Al-Rutba

Airlines resume direct flights between Iraq and Pakistan

National Security thwarts the smuggling of 50 tons of medicines in Kirkuk and Basra

Iraq's weather.. a rise in temperatures starting next Wednesday


Oil: Financial well-being will end after 3 years..Ministries must act before Iraq becomes “without salaries”

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Oil Minister Ihsan Abdul-Jabbar said that the financial “well-being” achieved as a result of the rise in oil prices will not last for more than 3 years, and that other ministries such as transport and industry should invest these revenues before Iraq finds itself “without salaries.”

Abdul-Jabbar said in a press statement, that the current oil exports to Iraq are 100 million barrels per month, indicating that there is supposed to be an optimal exploitation of the revenues generated from oil exports, which are estimated at 120 billion dollars annually.

He considered that the state of abundance and prosperity in oil prices will not last for more than three years, explaining that the rest of the ministries such as industry, transport and others are supposed to invest this financial surplus in productive projects for the country to stabilize the economic situation of the country and avoid falling into crises similar to what happened in 2020, when Iraq did not have Money to pay his employees.

Tomorrow .. Al-Kazemi is in Anbar for a mission that may be the last 

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An informed political source revealed, on Tuesday, that Prime Minister Mustafa Al-Kazemi intends to go tomorrow to Anbar Governorate to lay the foundation stone for the .governorate's international airport project

The source said in an interview with (Baghdad Today) that " Prime Minister Mustafa AlKazemi will visit the city of Ramadi, tomorrow, Wednesday, to lay the foundation stone for ". Anbar International Airport He added that "strict security measures were taken along the Anbar-Baghdad road to ".prevent any violation being recorded during the visit T

he caretaker Prime Minister Mustafa Al-Kazemi's last days in power, after the coordinating .framework decided the nomination of Muhammad Al-Sudani in his place


The American position on Iraq's demand to expel Turkish forces 

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The spokesperson for the US State Department, Ned Price, commented on the Iraqi Foreign Minister Fouad Hussein's call, the international partners in the UN Security Council, including the United States, to issue a resolution related to the removal of Turkish forces from Iraqi territory.

The spokesman said in a statement to the American Al-Hurra website, "We are aware of the complaint submitted by the Iraqi government in the Security Council, and the statement issued by the Council on this matter, and we reiterate our position that military action in Iraq must respect Iraqi sovereignty and must respect territorial integrity." Iraqi".

In response to a question about whether the United States would support such a resolution proposed by Iraq, Price said: "We supported those principles, including the principles that were made clear in the statement of the United Nations Security Council."

Price expressed the United States' condolences to the families and loved ones of the victims who were killed or injured (as a result of the attack that took place in Dohuk a few days ago), and stressed the importance of ensuring the protection of civilians.

And Iraqi Foreign Minister Fouad Hussein told the Security Council yesterday, Tuesday, during a session to discuss the attack, that "this aggression is tangible evidence before the council of Turkey's continued ignoring Iraq's demands to stop its continued military violations of Iraqi sovereignty, and to withdraw its military forces from Iraqi territory."

He pointed out that "there is no security agreement between Iraq and Turkey regarding allowing Turkish forces to penetrate Iraqi territory to chase the PKK, in return for Turkey's insistence on the existence of such an agreement."

The minister called for "issuing a decision obligating Turkey to withdraw its military forces from all Iraqi territory, as the presence of these forces is illegal and was not at the request of the Iraqi government, and there is no military or security agreement or agreement in this regard, and that their presence will destabilize the security situation and create instability condition.

Iraq accuses Turkey of being the party that bombed a tourist area in Dohuk, killing 9 civilians and wounding 23. Ankara denied responsibility, blaming the Kurdistan Workers' Party (PKK).

And Ankara, which establishes military bases in northern Iraq, launches military operations against the PKK rebels stationed in training camps and rear bases in the region.



European report:Iraq needs measures to address the crisis of the delay in forming a government

7/27

link

A European report stated that Iraq needs urgent political measures to address the delay in forming a government for more than ten months, indicating that European countries want to deal with a prime minister who is not inclined to the Iranian side. Simultaneously with the Turkish bombing.

A report published on the website of the European Council on Foreign Relations and its translation (Al-Mada) stated that "the delay of the Iraqi parliament in forming the new government is not surprising in relation to the political situation in the country."

The report added, "This chronic paralysis has left a power vacuum that leads to continued instability in the country."

He pointed out, "The new government, even if it appears in the coming months, the main problem for European decision-makers will be the quality of the prime minister who will lead it."

The report stated, "The dead end in Baghdad will continue until parliament elects a new president of the republic, who in turn will assign the elected prime minister to form a government."

He added, "After that, the Prime Minister will have a period of 30 days to obtain Parliament's approval on the cabinet's composition and the government's program."

And the report pointed out, that “if the Shiite blocs determine their candidate for prime minister before the Kurds appoint their candidate for the presidency, this may force the Kurdish parties to allow members of parliament to be free to choose the candidates instead of obtaining their sealed approval for a previously elected candidate. “

And he spoke about, “a growing popular discontent at the same time as a result of Turkish bombings targeting civilians and the inability of the political elites to find solutions to economic challenges or the consequences of climate change.”

The report stated, "All of these things make it very likely that other disturbances will occur, especially as the Sadrist movement is preparing for street protests."

He noted, "European countries that seek to work with Iraq on common issues, especially security issues, must now deal not only with a stalled government, but with an Iraqi state whose legitimacy is eroding."

The report continues, "Any new Iraqi government, in the midst of this tense situation, must accelerate an urgent task in consolidating the stability of state institutions and restoring the people's confidence in them."

And he added, "The country has gone through a series of fragile consensus governments, one of the reasons for this is that the candidates for prime minister do not require them to run in elections to be eligible for the position."

And the report continued, "A section of European countries are betting that the current Prime Minister, Mustafa Al-Kazemi, will remain in his position. And he hopes so too.”

But on the other hand, the report sees, “Al-Kazemi’s fortunes were subjected to a strong setback after his political supporter, the leader of the Sadrist movement, Muqtada al-Sadr, decided in June 2022 the resignation of his 73rd bloc members from Parliament.”

The report noted, "These developments are one of the reasons that made the process of forming a government in Iraq now one of the longest operations in the history of Iraq beyond 2003."

He added, "In the meantime, Al-Kazemi continued to show himself as a mediator in Middle Eastern issues and to mobilize the support of Western governments to support his plans to remain in the position."

The report stressed, "The withdrawal of the Sadrist movement harmed Al-Kazemi's chances of staying for a second term, yet this withdrawal did nothing to push for the formation of a new government."

He also stated, "The members of the coordination framework will take advantage of this opportunity to present a prime minister from among their ranks, and if they insist on choosing a candidate from their ranks, this means that Al-Kazemi has no luck in a second term."

The report adds, however, that "there is a point related to the political will of this candidate, which means that any candidate from political parties that are entrenched in power will be motivated to create policies that maintain the status quo of the country."

And he indicated, "Many Iraqis are tired of the corruption and mismanagement of ruling political parties, and therefore the people will be suspicious of the intentions of any prime minister from those ruling parties."

The report stressed, "This popular concern increases its pressure on the government formation process, and this may represent the best opportunity for Al-Kazemi to remain in his position."

The report asserts that “European countries will be in a relatively difficult position to work with a prime minister nominated by a political party who has pro-Iranian tendencies and adopts extremist ideas.”

He explained, "European countries understand that they are eager to see friendly faces running the new Iraqi government, but this will not achieve anything good if this government continues to maintain what the country is while slowly eroding the sovereignty and legitimacy of the state."

And the report added, “A candidate like Muhammad Al-Sudani, who has no political flaws like the rest of his other competitors from the first-line framework candidates, may prove to be the most suitable candidate for the position, a consensual and centrist prime minister who will have better luck in implementing internal and external policies effectively.” 

And the report went on, that "the country, ten months after the elections in Iraq, is clearly in need of urgent political measures, and the matter remains whether the Iraqi political elites understand this.


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


The exchange rate of the US dollar against the Iraqi dinar today, Tuesday, July 26, 2022, from the Iraqi markets and the stock exchange for several provinces.

Baghdad - Al-Kifah Stock Exchange
148,550
—- The
price in most Baghdad exchanges
148,000
149,000

——————————
🔸Erbil – Bursa
148,675
—————————
🔸Najaf – Bursa
148,600
———————-
🔸Basra – Bursa
148,650

The Markets:

The Asian markets closed mixed NIK down by .16% HSI up by 1.67% SHANG up by .83%
The UK markets are currently trading in the red mostly from .36% to .41%  green from 18% to .60%
Our futures are currently trading down  DOW at 31781 by .58% SNP at 3952.75  by .44% NDX at 12293.75  by .48%

Precious Metals:
Gold is red at 1714 Silver is green at 18.40 Copper is green at 344 Platinum is red at 868 

Brent 106 WTI  98   Bitcoin: 21,073  10 yr yield: 2.76

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1431.0000  1489.6000 1455.9000 1455.9000 1455.9000  -2.0000 20:00
 USD/VND  23370.0000  23376.0000 23401.2700 23388.7800 23401.2700  -15.0500 22:44
 USD/CNY  6.7630  6.7650 6.7624 6.7453 6.7495  0.0123 05:17
 USD/KWD  0.3068  0.3078 0.3067 0.3067 0.3067  0.0000 05:07
 GBP/USD  1.1988  1.1989 1.2089 1.1985 1.2040  -0.0052 05:17
 USD/IRR  42100.0000  42600.0000 42378.5000 42358.6000 42378.5000  29.3000 11:44
 USD/IDR  15011.0000  15018.0000 15017.0000 14947.0000 14963.0000  48.0000 05:17

Things in the News:
Iraqi Articles:

Hopes related to the new government.. Returning the dollar price is the first task 

link

here we go again ...

Today, Tuesday, the representative of the Al-Fateh Alliance, Rafiq AlSalihi, announced the existence of a parliamentary movement aimed at .restoring the price of the dollar to its previous era

Al-Salihi told (Baghdad Today), that "the parliamentary movement aimed at restoring the exchange rate of the dollar against the Iraqi dinar, as it was previously, continues, and it will not stop until after achieving its full goals, in order to lift the ".injustice against the poor citizen

He added, "Restoring the dollar's exchange rate against the Iraqi dinar will be one of the first tasks of the new Iraqi government, as the new government will be with the citizen, not against the citizen, as Mustafa Al-Kazemi's government worked in many ".decisions

On December 19, 2020, Finance Minister Ali Abdul-Amir Allawi announced the adoption of a new price for the Iraqi dinar, against the dollar, at 1450 dinars, as part of what he described as the reform policy of the . government that will be adopted during the 2021 budget

The country is facing a stifling financial crisis due to the drop in oil prices, and the government aims from the decision to reduce the value of the dinar to bridge the financial deficit in the operating budget, as it resorted to reducing the value of the local currency after maintaining the price of 1200 dinars to the dollar, in order to secure internal expenses, with a decline The value of the country's oil imports to less . than half

Allawi indicated that his ministry will raise the dollar exchange rate to 1450 dinars for the dollar sold to the Central Bank of Iraq, indicating that next year's budget will be . reformist

He pointed out that the Central Bank will add a margin to the specified price, explaining in an interview with reporters that the margin that the Central Bank will .add will not be large, and may reach 1490 dinars per dollar 


Whether the Kurds agree or not, a parliamentary movement to expedite the holding of the presidential election session

link

 

The deputy for the coordination framework, Mahdi Taqi, confirmed today, Tuesday, the existence of a parliamentary movement aimed at expediting .the holding of the presidential election session

Taqi told (Baghdad Today), "The session for electing the president of the republic cannot remain suspended due to the Kurdish-Kurdish dispute over the candidate for this position, and for this there is a parliamentary movement in order to expedite the holding of the session to elect the new president, in order not to disrupt the process ."of forming the government. new

And he indicated that "the movement will work to collect signatures to compel the parliament's presidency to hold a session to elect the president of the republic during the current week or the beginning of next week, even if the Kurds have not reached ".any agreement regarding the candidate for the presidency

It is worth noting that the Kurdistan Democratic Party, on Monday, resolved the controversy over an agreement on a compromise candidate .for the presidency

The leader of the Democratic Party, Arafat Karam, said in a tweet that he posted on his official account on the Twitter site and followed by (Baghdad Today): "Our ".position is consistent with regard to our candidate for the presidency

Deputy: The Presidential Election Session Will Be Held This Week

link


The deputy of the coordination framework, Mortada Ali Al-Saadi, confirmed, on Tuesday, that the presidential election session will be held during the current week, indicating that the coordination framework is awaiting the agreement of the Kurdish House to resolve the presidential candidate to present the prime minister.

Al-Saadi said in a statement to "Al-Maalouma", that "the session to elect the president of the republic and assign a candidate for prime minister will be held during the current week."

He added that "the framework will present the official charged with the prime ministership to Parliament after the decision of the presidential candidate by the Kurdish house," noting that "the framework forces with the unification of the Kurdish house in the progress of the presidential candidate."

Al-Saadi expected "a repetition of the 2018 scenario," noting that "the closest to resolving the presidential candidate in the event that the Kurds do not reach an agreement."

Barzani's Party Rules Out Holding A Presidential Election Session Next Thursday

link


The leader of the Kurdistan Democratic Party, MP Mahma Khalil Ali Agha, ruled out, on Tuesday, holding a session of the House of Representatives next Thursday to elect the President of the Republic.

And he said in a statement received by "The Information", a copy of it, that "the upcoming sessions of the House of Representatives will be dedicated to determining the day of the session to elect the President of the Republic in accordance with Articles 70 and 71 of the Iraqi Constitution, in the presence of two-thirds of the members of the House of Representatives."
He added, "As an electoral merit, size and weight, the Democratic Party has the right to present its candidate for the presidency, Professor Riber Ahmed, and this right was used by the other components in the presidency of the House of Representatives and in the prime ministership."

But Ali Agha, saw, “It is in the interest of the Iraqi people that the parties that insist that the position of the President of the Republic be from a particular party, and this matter was left by the Sunnis as well as the Shiites in the positions of the presidency of the Council of Representatives and the ministers, so it is in the interest of the brothers in the National Union not to cling to with this culture.”

Ali Agha suggested, “Two methods are used in the matter of agreeing on a candidate for the Kurdish house for the presidency, which are: either going to one reference, which is the parliament of the region to nominate a candidate for the presidency, or adopting the electoral weight and merit in the process of choosing the party that presents a candidate for the presidency of the republic. “

He explained, "The Shiite house's agreement on Muhammad Shia'a Al-Sudani to nominate for prime minister, we respect him, and he is a national figure, and I dealt with him personally, and he is close to everyone."

He pointed out, "There is a meeting held between President Masoud Barzani and his nephew Bafel Talabani, and they reached advanced levels of understandings, but the issue of renewing Barham Salih as President of the Republic, this will not happen, because Saleh has lost his political compass, and it is not acceptable." In the political space, who accepted Muhammad al-Halbousi for the presidency of the House of Representatives, and Muhammad Shi`a al-Sudani as the prime minister.

And he continued, "Saleh's clinging to this position is what created the political blockage, as he has problems with the coordination framework, and problems even within his party."



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 26th, 2022 total sales amount $281,012,820

including   $42,850,000. CASH 


ISX Update:   not updated

www.isx-iq.net/   

Shares Traded: 
Value Traded: 

closed 


7-26-2022   Newshound Guru Jeff   Article:  "A deputy Sets The Date For The Election Of The Presidents Of The Republic And The Government"  They're bundling the election of the president and the Prim Minister together.  They only need about a week to complete both of these steps...Why one week So they can revalue immediately after they do them that's why...

7-25-2022   Intel Guru MarkZ 
  [via PDK]   Redemption folks have no idea what to expect as of this point. Everything is up in the air and fluid. ...everything is very fluid…it could happen in 2 minutes…it could happen in days…We do not know. Remember- seeing news all over the place is what we expected at the end.

7-25-2022   Newshound Guru Breitling   Remember they got to compete within their region so they're not going to have a currency that's above everybody else's...the average value of the currencies in the Middle East I think it's like $0.40 to $0.50.  So what do they want to do?  They want to be able to compete in the region and at the same time grow in other markets and that's why I say that they'll start off at $0.50/$0.60 because they can afford that.  [Post 2 of 2]

7-25-2022   Newshound Guru Breitling   Question:  "You mentioned a potential value to come in between $0.55 to $0.65...but a lot has changed - the price of oil has gone up, their coffers are getting full, they paid off debt.  Wouldn't that lend support for a higher rate as well?  Up to $1.17?"  No...its value is how many customers do they have.  How much dinar do they have out there.  And how many times is it being used... [Post 1 of 2....stay tuned]

7-25-2022   Newshound Guru Kaperoni    Guru Tivon is telling...that an RV is in the emergency support law. Well I translated it a week or so ago when it was published...there is no such talk of any RV.

7-25-2022   Newshound Guru Walkingstick  [via Frank26]  Question: "What if they come out at 1200?"  That would be better.  They could come out at $1.20 to 1...Remember, they are going to unpeg from the American dollar.  It won't be 1 to 1.  It won't be $1.20 to 1.  It will be whatever rate they come out at.  And it is going to have to be recalculated on a daily basis...

7-25-2022  Newshound Guru Militiaman  ...The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs. The back and forth about seating of the government now is looking to be more folly than anything else...The present government is legal and can do day to day business... They have the authority all taken care of or the deals with FRANCE would not have been done..imo.. TIMING..

7-25-2022   Newshound Guru Pimpy  What is it 9 months later and there's still no government.  Nope not at all.  What do we see every week?  We see the same thing - the Coordinating Framework promising what?  That they will have a quorum and they will elect the president and the Prime Minister...[new] elections are coming I have a feeling no matter what...

7-25-2022   Guru Nader From The Mid East  The starting point in Europe will be Paris, in the United States we don't know.  Asia, we don't know because they ain't put anywhere...over here [US] I think it's going to be New York or Miami we'll see...you don't have to travel anywhere...you just stay here then you change your dinar...

7-25-2022   Intel Guru MarkZ   [via PDK]   ...There is still a tremendous amount of chatter out of Iraq. They are still moving forward with renegotiating rates and contractors...one of the specific contracts of course is the $27 Billion dollar Total Contract from France. They had finished the deal in dollars and now are re- negotiating it to be paid in dinar. ...We know we are watching it roll out.  We know we are seeing rate change conversations in Iraq…We know banks are positioning

7-25-2022   Newshound Guru Clare   Article:  "Central Bank: Paris will be the starting point of the Iraqi banking sector towards Europe"

7-25-2022   Newshound Guru Jeff   Kazemi will be reinstated two terms for Prime Minister.  Look for him to be reinstated on a Saturday.

7-25-2022   Newshound/Intel Guru Mnt Goat  We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues
along with the other assets such as minerals, gold, etc, would surely bring the IQD way over $3 never mind the current 1/6 of penny.
 So, if you are still waiting for Iraq to turn totally capitalistic and build an enormous economy don’t hold your breath, this is not how it going to happen.

7-25-2022   Newshound Guru Walkingstick   [via Frank26]    IOO the WTO obviously knows when the CBI will give the GOI the new exchange rate...why...?  Because as a member of the WTO their currency must be convertible with no restrictions.  This is the law of the WTO and you are seeing it displayed right before your eyes... therefore IMO the new exchange rate...[is] soon to be released and used inside of Iraq by the citizens of Iraq and out of Iraq beyond their boarders...

Catnip's Corner:
On Hiatus
Nutritionist: Apple cider vinegar is a miracle drink for weight loss

link

A group of research reports that there is an easy trick you can adopt to help cut your calorie intake by 300 calories per day.

Although this trick is very easy, it requires getting used to a sharp drink and its taste may be annoying to many.

The trick involves drinking apple cider vinegar, which has been touted for many years as a miracle weight loss drink.

Apple cider vinegar is made from fresh apples through a fermentation process, where yeast converts the sugars in the apples into alcohol, and then the alcohol is converted by acetic bacteria into acetic acid, the "magic" ingredient.

"I must stress that dietary changes are of paramount importance," says nutritionist Sarah Flower. And you can't just take apple cider vinegar and eat whatever you want, hoping it's a weight loss magic pill.”

Most studies on weight loss and apple cider vinegar have found that it can increase feelings of fullness and prevent snacking.

One study, conducted in 2005, found that when a person drank a meal with apple cider vinegar, they ate 275 fewer calories throughout the day, compared to those who did not consume the drink with their meals.

The meal consists of either a buttered bagel with juice, or chicken with rice, vegetables, butter and teriyaki sauce (a sweet and sour Japanese sauce).

Participants were given either apple cider vinegar, peanuts, or something else.

Although researchers at Arizona State University describe cutting 275 calories as "weak", for some it may make a difference.

The researchers also found that apple cider vinegar helped lower blood sugar responses after meals. Not only is blood sugar management essential for treating diabetes, but it is also beneficial for weight loss, as it helps stop food cravings.

In another 2005 study of 12 healthy volunteers, researchers found that apple cider vinegar lowered glucose and insulin responses while increasing satiety even after a meal consisting largely of bread (carbs).

"Studies have shown that it can help reduce food cravings and help keep you full for longer, which means you're less likely to snack or overeat," Flower told the British newspaper, The Sun.

She continued: “It has a lot to do with balancing blood sugar and insulin sensitivity, keep your insulin balanced and you will be less likely to accumulate more fat. The main way to keep blood sugar stable is to cut back on sugar and carbs, and keep them as low as possible.”

MuscleFood nutritionist Vic Cobain noted that apple cider vinegar may help manage blood sugar, saying: “Eating meals rich in starch can lead to high blood sugar levels, but eating apple cider vinegar can help level that due to Acetic acid. It works by blocking enzymes that help our bodies digest starch, which leads to lower blood sugar.”

"There is no confirmed link yet between apple cider vinegar and weight loss because the majority of studies are done with only a small number of participants," Vick added. It is important for people looking to lose weight to understand that apple cider vinegar is not a quick fix for weight loss, and weight loss will only happen if you are calorie deficient while maintaining a balanced diet.”

There are different ways to add apple cider vinegar to your diet, and it can be mixed with healthy ingredients like olive oil, lemon juice, or even water. It is important that the amount of apple cider vinegar used for weight loss should not exceed 1-2 tablespoons (15-30 ml) per day.

According to the Mayo Clinic, although the occasional use of apple cider vinegar is safe for most people, it does carry some risks, including that it is highly acidic, which may irritate the throat if you drink it too much or in large quantities.
Apple cider vinegar may interact with some supplements or medications, including diuretics and insulin. This may contribute to low potassium levels



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