Thursday, August 11, 2022

WOTS WED AUG 10 22 Al-Maliki requires the dissolution of Parliament by the reconvening of its sessions.. Al-Sadr tweets: Corrupt will not rule ‎

 WOTS WED AUG 10 22 Al-Maliki requires the dissolution of Parliament by the reconvening of its sessions.. Al-Sadr tweets: Corrupt will not rule ‎

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Al-Kazemi, addressing the political forces: Dialogue for a thousand years is better than the moment we collide with as Iraqis

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On Wednesday, Prime Minister Mustafa Al-Kazemi considered dialogue the only way to overcome the current political crisis in the country.

This came in his speech during the ceremony of laying the foundation stone for the rehabilitation project of Mosul International Airport.

Al-Kazemi said in his speech, "We succeeded in crossing the economic challenge as well as the security challenge, and today the political blocs are required to assume their responsibilities by resolving the issue of the political blockage, for the sake of Iraq's interest and its future."

He added, "I wish everyone to work with all force to resolve the political impasse and resort to dialogue to resolve differences, and we have no choice but dialogue," adding that "dialogue for a thousand years is better than the moment we collide with as Iraqis."

With regard to Mosul Airport, Al-Kazemi said, "The Mosul International Airport project is a strategic and important project for our sons in the province, and we are laying the foundation stone today."

He also stated that "Mosul International Airport will provide job opportunities, facilitate transportation, and facilitate the lives of citizens."

Al-Kazemi described the "city of Mosul" as "a model of Iraqi coexistence and diversity, which we consider an element of strength," saying, "a model of tolerance that proves that Iraq possesses a lot of human capabilities and competencies in this province, which is good with its people and history."

He went on to say that "the city of Mosul has suffered a lot from the policies of confusion, terrorism and poor planning, and God willing, what happened in the past will not be repeated, neither in Mosul, nor in Nineveh, nor in the whole of Iraq."

The head of the federal government also noted that "there are tremendous efforts being made daily for reconstruction, and I personally follow them, and follow the details of the challenges and overcoming them, in order to send a message that the Iraqis deserve life, and that they are able to turn challenges into opportunities for success."

He added, "We must pay tribute to the other projects that the province is witnessing, and soon (..) we will come to inaugurate the project of reconstructing Al-Nuri Mosque, this important mosque that is on the conscience of the people of the province and all Iraqis." International organizations, UNESCO, and international organizations, as well as the advisory office of the University of Mosul, and brother Rakan Al-Allaf have worked, and we hope that this project will be completed in the near future.

"Today, we all need integration and cooperation in order to mobilize energies and build an Iraq worthy of Iraqis, and these efforts will not be lost, and we will not allow the corrupt to exploit these projects to squander the people's money," he stressed.

Al-Kazemi stressed that "the result of everyone who tries to tamper with these projects for personal interests or for the sake of gangs and corrupt groups will be the same as the fate of the terrorists who tried to destroy this city.

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage

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Al-Kazemi: The Mosul International Airport project is strategic and important and will provide job opportunities 

Al-Kazemi: We succeeded in crossing the economic and security challenges 

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage


Al-Kazemi lays the foundation stone for the reconstruction of Mosul International Airport (photos)

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Prime Minister Mustafa Al-Kadhimi laid the foundation stone for the reconstruction of Mosul International Airport.
The media office of the Prime Minister stated, in a statement received by Al-Oula News, today, Wednesday, that "Al-Kazemi laid the foundation stone for the reconstruction of Mosul International Airport."

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In the presence of Blackshart.. The start of a meeting of Kurdish parties in Erbil

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The Kurdish parties held, on Wednesday, a meeting to discuss the political situation and resolve the presidential candidate, in the presence of the representative of the Secretary-General of the United Nations, Jenin Plasshart.

The meeting witnessed the presence of the Patriotic Union of Kurdistan, the Kurdistan Democratic Party and the Movement for Change, as well as the Islamic Union, the Islamic Group, the Socialist Party and the Communist Party.

According to the official news agency, the parties' reports that were prepared after the last meeting will be discussed, in addition to discussing the political situation and the issue of the president's decision. 



Kurdistan parties announce the results of their meeting today regarding the region's elections

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The Kurdish parties agreed, on Wednesday, to maintain the election law, to include the general polling day only for the parliamentary elections in the region, excluding members of the Peshmerga forces and security forces.

According to a political source, the meeting attended by the UN envoy to Iraq, Jenin Plasschaert, also resulted in the activation of the Independent High Commission for Elections and Referendum in the region.

Another meeting is scheduled for the beginning of September.

Earlier in the day, the President of the Kurdistan Region, Nechirvan Barzani, sponsored in the capital, Erbil, a meeting of the leaders of the first row of the Kurdish political parties and forces, in the presence of the representative of the Secretary-General of the United Nations in Iraq, Jenin Hennis-Plasschaert.

On February 24, the President of the Kurdistan Region, Nechirvan Barzani, signed an order setting the first of next October as the date for holding the elections for the sixth session of the region’s parliament. Six months of preparation.
The electoral law, the commission, the voter lists and the date of the elections are the most prominent points of contention between the Kurdish forces, which will be discussed in this meeting.



An Economist Expects Oil To Be Stable At The $110 Per Barrel Barrier During The Winter

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The economic expert, Dr. Mustafa Hantoush, suggested that oil prices would stabilize at the $110 per barrel barrier in the winter season, pointing out that this stability depends on what will be agreed upon by OPEC Plus.

Hantoush told Al-Maalouma, "OPEC Plus met and decided to increase oil production, but this organization means Russia, and this country stands for any increase in production at the expense of its market share."

He added, "If the commitment was in OPEC and Russia would be removed from the equation, prices would witness a decrease and the price of a barrel may reach 80 dollars, because the supply will be more than the demand."

And he indicated that "OPEC Plus is committed by all its parties, and therefore prices will remain above $90 a barrel, but in the winter phase, the matter depends on the nature of the agreements and there may be an increase in production."

He pointed out that "Europe is a strategic ally of Iraq and the Gulf, and thus there may be an increase in production with or without the approval of OPEC Plus, and oil prices in the next stage may be at the barrier of 110 dollars per barrel during the winter, but in the event that the agreement to increase production is not deviated from. Prices may reach $160 per barrel



Al-Sadr sets a time limit for dissolving the House of Representatives.. Directive to the sit-in

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Today, Wednesday, the leader of the Sadrist movement, Muqtada al-Sadr, called on the Supreme Judicial Council to dissolve the House of Representatives next week, while the President of the Republic called for setting a date for early "conditional" elections

Al-Sadr said in a tweet via Twitter, followed by Alsumaria News, "I am addressing my words to the Iraqi judiciary, from which we still hope for the best despite the political and security pressures and leaks it is subjected to from here and there, provided that it dissolves Parliament after constitutional violations within a period not exceeding the end of next week." Assigning the President of the Republic to set a date for early elections, conditional on several conditions that we will announce later.

Al-Sadr directed the protesters and representatives of the Sadrist bloc who resigned from the House of Representatives to “submit formal lawsuits to the Federal Court, through legal methods, and through the centralization of the committee supervising the sit-ins, to submit them to the competent judicial authorities.”

 

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In the name of God

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 Someone might say: The dissolution of Parliament requires a parliament session to dissolve itself. No, there are blocs that adhere to quotas and persistence in corruption and will not succumb to the people’s demands.

 dissolution of Parliament.

 Rather, I say: The dissolution of Parliament is not limited to that.  Hence, I address my words to the competent judicial authorities, especially the President of the Supreme Judicial Council, in the hope that they correct the course, especially after the end of the brief constitutional deadlines and others for Parliament by choosing the President of the Republic and assigning a Prime Minister to form a government of shareholding from the national or independent majority and away from the old, grim faces that the people despair of, which if  She was not corrupt, she is either deficient or remiss.  Yes, I address my words to the Iraqi judiciary, from whom we still hope for the best, despite the political and security pressures and leaks from here and there.  As well as

 On the condition that he dissolve Parliament after those constitutional violations above...within a period not exceeding the end of next week..and graciously assign the President of the Republic to set a date for elections.

 It is subject to several conditions, which we will announce later.  During that, the revolutionaries will continue their sit-ins and their revolution, may God reward them with the best reward.. and it will be

 They have another position if the people fail again.  We ask all the revolutionaries, the resigned Sadrist bloc, other deputies, and all the lovers of the homeland to submit official cases to the Federal Court, through legal means, and through the centralization of the committee supervising the sit-ins, to submit them to the competent judicial authorities.  I am sure that many judges are with the people and with reform.. God is my guardian

 Good luck.

 Citizen

 Muqtada al-Sadr

 10/8/2022



Release Of Funds For Lecturers And Administrators For The Governorates

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The Ministry of Finance announced, today, Wednesday, the release of financial amounts for lecturers and administrators, and labor and social security contributions for the governorates.
A statement by the ministry, which was reviewed by (the information), stated that "the Ministry of Finance has started implementing the Diwani Order No. 35 of 2022, which includes the release of financial amounts for lecturers and administrators."
The statement added that the release of the amounts included "work and social security contributions for the governorates, which are covered by the Emergency Food Security Support Law No. 2 of 2022."



Sources: An upcoming meeting of the coordination framework to take decisions to dissolve parliament and go to early elections

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Sources close to the coordination framework revealed, today, Wednesday, that an important meeting of the leaders of the framework will be held tomorrow, Thursday.

The sources, who requested anonymity, confirmed that "the leaders of the coordination framework will hold an important meeting tomorrow evening, Thursday, in Baghdad, in order to take important decisions regarding the next stage." Indicating that "the decisions hoped to be taken are related to dissolving the parliament and going towards early parliamentary elections, in addition to the framework's position on forming the new government, in light of the Sadrist movement's sit-in inside the Green Zone and near the Iraqi parliament building.



Parliamentarian: Al-Sadr killed his revolution and retreated from the demands for a radical change of the regime in Iraq

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 On Wednesday, a member of the Iraqi Parliament, Basem Khashan, criticized the October demonstrators for joining the protests of the Sadrist movement, at a time when he considered that the leader of the movement, Muqtada al-Sadr, retracted the demands for a radical change of the regime in the country, and that he only aims to re-conduct the legislative elections to restore Seats lost by his bloc's resignation from Parliament.

This came in a post on the social networking sites "Facebook" entitled "How to deceive people in five days without a teacher?".

In that publication, Khashan said that "part of the demonstrators decided to participate in his "revolution", even in another arena, because they thought that Sadr had taken his first step to achieve the radical change of the system, the constitution and the elections that he promised them, and they thought it was an opportunity that would not be repeated, and the truth is that These demands were just bait to lure them."

And he saw that "Al-Sadr retracted these demands frankly, and killed his revolution, so the demands for radical change died, and he made it clear that he only wanted to hold early elections that would restore his seats that he had lost with the resignation of his deputies. Declaring their adherence to what al-Sadr abandoned, and they are trying to convince people that radical change will take decades, and people must be patient with what has befallen them and what will happen to them until God grants them a clear victory.

Khashan continued by saying, "We advised our comrades, but they did not take our advice, but rather stuck to something that achieves the people's current and future interests, and we advise them now, that the shortest path to reform is the path of the constitution and the law supported by the popular movement, and this is what Tishreen followed thanks to the demands that I wrote myself."

The independent deputy concluded, "Tishreen is the revolution of the people and the constitution against all those who violated the people's rights and money, and it was not a coup against the constitution of Iraq, which preserves its unity and guarantees the rights of its children."

Al-Sadr recently adopted the slogan of dissolving the House of Representatives and proceeding to hold early elections in the country, after bringing the followers of the current to the street in a clear position in raising the ceiling of demands against the background of the failure in the political process.

The political scene in Iraq has undergone serious developments since supporters of the Sadrist movement led by prominent Shiite cleric Muqtada al-Sadr stormed the parliament building in the fortified Green Zone in central Baghdad, and protested against the nomination of the coordination framework, Muhammad Shia Al-Sudani, for the position of Prime Minister for the next federal government.

Then, near the suspension bridge leading to the Green Zone, demonstrations against the Sadrist movement took place by the audience of the coordination framework, after an invitation from the "Organizing Committee to Support Legitimacy and Preserve State Institutions."

The Sadrist bloc had obtained the highest votes in the early legislative elections that took place in October of 2021, but the efforts of the leader of the current failed to form the new federal government due to the Shiite coordination framework standing in its way by obtaining a fatwa from the Federal Court with the so-called blocking third in a contract The session for electing the President of the Republic, which paves the way for naming the Prime Minister.

The three-way alliance between the Kurdistan Democratic Party led by Masoud Barzani, the Sovereignty Alliance headed by Khamis al-Khanjar, and the Sadrist movement led by Muqtada al-Sadr was broken following the resignation of the Sadrist bloc's deputies, and the movement's withdrawal from the political process by order of al-Sadr.

The political scene is living in a crisis situation and a dead end unprecedented in the history of Iraq, as more than 300 days have passed since the early elections without being able to form a new government in the country, and the survival of the caretaker government headed by Mustafa Al-Kazemi.

On the tenth of last October, Iraq held early legislative elections to get out of a political crisis that swept the country after large demonstrations in the central and southern regions in 2019 in protest against the widespread unemployment in society, the spread of financial and administrative corruption in government departments and institutions, and the deteriorating reality The service and the livelihood, which prompted the former prime minister, Adel Abdul-Mahdi, to resign under popular pressure.

As soon as the preliminary results of the elections were announced, the voices of political forces and actors rose in their rejection of losing many seats, accusing them of major fraud in the ballot, which was denied by the executive and judicial authorities, at a time when the United Nations and international organizations praised the integrity of the electoral process.

A Leader In Law Reveals The Details Of The Upcoming Al-Sadr And Al-Amiri Meeting

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The leader of the State of Law coalition, Jassim al-Bayati, confirmed, on Wednesday, that the expected meeting between the head of the Fatah Alliance Hadi al-Amiri and the leader of the Sadrist movement, Muqtada al-Sadr, is personal and does not represent the coordinating framework, indicating that the meeting is to dampen the atmosphere and not a new mediation.

Al-Bayati said in a statement to "Information", that "the announcement of an upcoming meeting between the head of the Al-Fateh Alliance Hadi al-Amiri with the leader of the Sadrist movement, Muqtada al-Sadr, is not a mediation, but rather a personal meeting that links the two personalities of a good relationship."

He added that "the meeting does not represent a dialogue between the framework and the current, but rather the desire of Al-Amiri to dampen the political atmosphere," noting that "the dissolution of Parliament will only take place through the parliament and under an elected government after the completion of the adoption of a new election law and the replacement of the Electoral Commission."

Information and sources have indicated for several days about an expected meeting that will bring together al-Sadr and al-Amiri at the home of the first in al-Hanana in Najaf al-Ashraf, without specifying a date for this meeting and a statement of its most prominent agendas.



Government official: Iraq is not thinking of floating the currency at the moment

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A government official confirmed, on Wednesday, that Iraq is not considering floating the currency currently, indicating that the flotation at the present time will threaten the collapse of the country's economy.

The official said in an interview with Shafaq News Agency, "The rentier nature of the Iraqi economy makes it difficult to float the Iraqi currency, and therefore Iraq is not currently thinking of floating it."

The official, who asked not to be named, added, "Access to hard currency in Iraq comes mostly from our oil exports, which is in the hands of the government, and that the local market is circulating for it and does not bring this currency, and therefore its flotation will threaten the Iraqi economy with collapse because it will increase demand for it in exchange for limited supply."

He also indicated that "floating the currency without diversifying the economy will have negative repercussions on the purchasing power of the Iraqi consumer, especially the middle and poor groups," adding that, "the float is on the table with the government in the long run because of its importance in stimulating the production process in the country."

It is noteworthy that some officials talk from time to time on the necessity of floating the currency and liberalizing it to preserve the hard currency reserves with the Central Bank.


Al-Sadr Committee issues a notice regarding the upcoming Friday prayer

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Al-Sadr Committee issues a notice regarding the upcoming Friday prayer

Today, Wednesday, the Central Committee of the Sadrist movement issued a notice regarding the upcoming Friday prayer.

In a statement received by Alsumaria News, the committee stated: "In order to perform the legitimate duty in obedience to God Almighty, and in fulfillment of the martyr of Friday, the blessed Friday prayer will be held near the sit-in camps and exclusively for the protesting revolutionaries.

Despite paying all the war debts, Iraq is obligated to pay other money to Kuwait

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Iraq's permanent envoy to the United Nations, Muhammad Hussein Bahr Al-Uloum, announced today, Wednesday, that Iraq will pay all the foreign debts imposed on it within the Security Council resolution as a result of the occupation of Kuwait, while indicating that there are bilateral debts .outside this resolution that Iraq is still committed to paying

Bahr Al-Uloum (Baghdad today) said that "there is a debt owed by Iraq to Kuwait, ".although it was able, within the Paris Club, to reduce 80% of the debt

He added that "Iraq negotiated with countries on a bilateral basis and was able to extinguish some of them and some of them were paid.

These debts, although related ".to the previous regime, are not linked to the UN Security Council Bahr Al-Uloum indicated that "there is international cooperation regarding the ".remaining debts to reduce many of them


Al-Maliki requires the dissolution of Parliament by the reconvening of its sessions.. Al-Sadr tweets: Corrupt will not rule ‎

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With Three No's .. The leader of the State of Law coalition, Nuri al-Maliki, says no to the dissolution of Parliament, no change to the system, and no early elections, except by reconvening the sessions of the House of Representatives, and he is the one who discusses and decides this according to the contexts of the constitution.

A new framework position comes after the insistence of a leaderSadrist Movementthe masterMuqtada al-SadrTo dissolve parliament and go towards early elections that prevent the return of old faces, and hours after al-Maliki’s statement, al-Sadr indicated through a tweet on the occasion of the tenth of the monthMuharramIt is forbidden that the corrupt will not rule and like him will not pledge allegiance to corruption

Observers believe that the war of statements and tweets between the two rivals of the scene and the two parties to the conflict is escalating in intensity in exchange for a stalled political process, and Parliament is also affected by forced disruption and its walls are surrounded by protesters. Now, and perhaps it will become clearer soon, if the dispute intensifies and the crisis extends beyond two thousand and twenty-two


Abrahim Al-Jabri: We will continue to demonstrate until the Iraqi parliament is dissolved

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The representative of the Sadrist movement's leader in the Baghdad demonstrations, Ibrahim Al-Jabri, said that Al-Sadr's supporters will continue the protests until the Iraqi parliament is dissolved.

Ten days ago, thousands of al-Sadr's supporters have been camping in the Green Zone adjacent to the Tigris River, which includes government and diplomatic headquarters, where demonstrations began to protest the name given by al-Sadr's political opponents in the coordinating framework, to the prime minister.

Al-Jabri told Kurdistan 24, "We will continue to protest until our demands are achieved, until parliament is dissolved and early elections are held."

Iraq has been experiencing complete political paralysis since the legislative elections in October 2021, in light of the inability to elect a new president and form a new government.

The elections produced a fragmented parliament, in which neither party has an absolute majority, despite al-Sadr's obtaining the largest number of seats in it (73 out of 329 deputies).

This time, the political parties failed to reach a consensus among themselves after long months of negotiations.

The main difference between the two parties is that the Sadrist movement wanted a "national majority" government in alliance with the Sunnis and the Kurds, while its opponents, in the coordinating framework, wanted to maintain the consensus formula.

Unable to achieve the majority government he wanted, al-Sadr began to put pressure on his rivals and left them the task of forming the government after his deputies resigned from the Iraqi parliament.


Kurdistan parties announce the results of their meeting today regarding the region's elections

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The Kurdish parties agreed, on Wednesday, to maintain the election law, to include the general polling day only for the parliamentary elections in the region, excluding members of the Peshmerga forces and security forces.

According to a political source, the meeting attended by the UN envoy to Iraq, Jenin Plasschaert, also resulted in the activation of the Independent High Commission for Elections and Referendum in the region.

Another meeting is scheduled for the beginning of September.

Earlier in the day, the President of the Kurdistan Region, Nechirvan Barzani, sponsored in the capital, Erbil, a meeting of the leaders of the first row of the Kurdish political parties and forces, in the presence of the representative of the Secretary-General of the United Nations in Iraq, Jenin Hennis-Plasschaert.

On February 24, the President of the Kurdistan Region, Nechirvan Barzani, signed an order setting the first of next October as the date for holding the elections for the sixth session of the region’s parliament. Six months of preparation.
The electoral law, the commission, the voter lists and the date of the elections are the most prominent points of contention between the Kurdish forces, which will be discussed in this meeting.


The coordinating framework pins hopes on the early elections and expects to raise its parliamentary balance to 50% - Urgent 

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The leader in the coordination framework, Turki al-Atabi, expressed, on Wednesday, the framework's fear of holding any early elections, provided that an amendment is made to the .law, indicating that the current election law has lost 50% of our parliamentary balance

Al-Otbi said in an interview with (Baghdad Today), that "the framework forces are not afraid to hold elections at any time, but they must be according to tracks that create an appropriate atmosphere that contributes to a broader participation of all components to cast their votes and to be under the supervision of a new government capable of managing Iraq's ." .overlapping crises

Al-Otabi added, "The current election law is unfair and changing it is an absolute priority for the framework forces," noting that "the law has lost 50% of our parliamentary balance, ".especially since we have large popular bases in all governorates without exception

He pointed out that "there are no elections without changing the electoral law, and this can only be achieved in the presence of a parliament that exercises its functions in order to vote on the new law, stressing that any future changes in the axes of the political process cannot ".take place without legal tracks



This is a really good report  about their future  too bad not that many people will read it 

Economic dynamism and the positioning of economic state building in Iraq

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According to the foreseeable global, political, international and economic changes and transformations, and the focus of international coalitions and alliances, each according to its approach, interests, strategies, influence and vision to lead the new world order, logically the world has entered a new era of competition between scientific methodological knowledge that is rapidly transforming, adapting and modeling, and the needs of the requirements of new life and the sustainability of survival after the environmental crisis The Corona pandemic, global discoveries and challenges, and building a new innovative global economy capable of ensuring the sustainability of humanity’s survival in a densely populated planet. Despite the recent statistics that indicate a decrease in the population of the world’s countries due to the causes of Covid-19 infection, and the increase in poverty and violence rates as a result of political, climatic, economic, health and other transformations.

Benefiting from new scientific and economic knowledge has become a trend in the twenty-first century of great interest, competitiveness and global dominance.

 In response to global changes and developments, and environmental, economic and financial crises, countries faced the task of modernizing public government administration accordingly. 

The attempt to explain the dynamic approach from the theoretical side and the transition to the practical and applied side is a very complex matter, and the context of the transition requires an in-depth understanding of the role of the economic and financial positioning of the state and its mechanisms.

It is clear that the objective and traditional economic foundations of governance and state mechanisms in the conditions of the market system contributed to slowing down the development of the economy, which requires active participation of the state in building mechanisms and an active economic pattern, improving spending on scientific knowledge and mitigating economic and non-economic risks methodically and practically.

When reviewing the opinions of specialists, experts and professors of economics, it is noted that they praised the market economy as one of the greatest achievements of human civilization. Undoubtedly, he has stood the test of time and managed to convincingly show his immense vitality. History does not know examples of a national economy under a market economy that works efficiently without advanced and flexible active market mechanisms that work according to standard economic models that are consistent and adapt to the mechanisms of the state. 

The modern economy, as evidenced by the practices of all countries of the world, including the economies of Arab countries without exception, presupposes the active participation of the state in it as a guide and supervisor for the issue of market economic relations in the form of an economic system that outlines the relationship patterns and the dynamics of the economy concerned, as well as regulatory and governing bodies. In different countries of the world, relations between the government and the main economic actors (entrepreneurs, business families and unions) are built in different ways, according to traditions, real practices, market dynamics and accumulated experiences. 

The intervention of state mechanisms and decisions in economic processes is also implemented to a different extent. However, the general line is that the role of states in the economy becomes more and more complex over time and requires more and more qualifications and responses from government agencies. It also requires visualizing the influence of the state on the economy not in quantitative estimates (more - less), but in terms of economic efficiency and qualitative merit of state organization.

 When formulating certain questions, the state, on the one hand, does not claim to be a kind of maker of the economic system, and on the other hand, it is not limited to performing the functions of a "night watchman". This instills in the economist a balanced view of the state, free from both excessive enthusiasm and bias with the importance of the theories of Keynes, Friedman and others, but we find it necessary that it be a realistic economic and financial philosophy that establishes the adoption of economic models and the interpretation of economic phenomena and the proposal of studied microprocessors in a manner consistent with the business environment and the economy objectively and realistically. .

The theoretical and methodological basis should be rooted and the Iraqi economic model should be consolidated in order to form efficiency and economic and financial merit, scientific, analytical, research and innovative sober, and intensify the search for new research and scientific models (including, but not limited to, the modern institutional economy, knowledge economy, digital economy techniques, modern economic system, economic methodology, for example, but not limited to Talking...etc.)

 The economic functions of the state in Iraq, according to its traditional undeveloped economic system and the lack of mastery of modern market management methods, as well as the structural imbalances and the lack of accurate diagnosis of the reality of challenges and the series of changes and economic transformations as it seems to me without embellishment of reality or the economic situation seems particularly complex (in essence, complex ). And most importantly, the continuation of the concerned governmental economic philosophical theorizing and interested in economic and financial decision-making that is practically unproductive for reasons outside the adaptation of applicable economic theory and without logical and realistic responses on the one hand, and for not changing the economic mentality that controls the philosophy and trends of the non-model Iraqi economy on the other hand, as well as political will .

The basis of any type of market economy is the private sector, and its subjects have mutual and growing special interests and goals, as well as relations, ties and mutual interests. As they are often conflicting or intersecting in order not to devote and consolidate the methodology of developing and sustaining the work of the private sector.

Usually, a very important question arises regarding the role of the state’s / or government’s supposed intervention in stopping or confronting deflationary fiscal policy. Undoubtedly, before answering this question, it is necessary to understand the role of the state’s positioning in economic construction and organization, whether in the case of economic deflation, stagflation or complex economic situations. And another complex, and taking into account the lack of clarity of the optimal economic model for dealing with how to adopt the economic philosophy and the methods and policies required in its light.

Far from jumping from the facts and realistically and respecting the efforts of other actors and influencers in the trends and development of the Iraqi economy (decision-making, decision-making, diagnosis, analysis, evaluation and others), there is a perception that the implementation of the current unorganized and inconsistent economic and financial reform programs and efforts with scientific and specialized knowledge as it seems to me realistic It is not uncommon for it to lead, whether in deflation, stagflation, or other things, to a weakening of the severity of economic problems, but rather an exacerbation of them, especially the absence of a future vision and economic and financial initiatives and responses (and diligence in generating / or making theoretical financial and economic complexities of the government with an inflexible economic philosophy that is not desirable Achieving economic growth or real development in a realistic way) in light of the continued rise in selling prices of Iraqi crude oil in global markets.Because of the importance of this topic, a special vision will be prepared later in the financial economy that deals with the dynamics of the Iraqi economy in accordance with the adoption of an active economic model in harmony with the business environment and the economic market...


The coordinating framework pins hopes on the early elections and expects to raise its parliamentary balance to 50% - Urgent 

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The leader in the coordination framework, Turki al-Atabi, expressed, on Wednesday, the framework's fear of holding any early elections, provided that an amendment is made to the .law, indicating that the current election law has lost 50% of our parliamentary balance

Al-Otbi said in an interview with (Baghdad Today), that "the framework forces are not afraid to hold elections at any time, but they must be according to tracks that create an appropriate atmosphere that contributes to a broader participation of all components to cast their votes and to be under the supervision of a new government capable of managing Iraq's ." .overlapping crises

Al-Otabi added, "The current election law is unfair and changing it is an absolute priority for the framework forces," noting that "the law has lost 50% of our parliamentary balance, ".especially since we have large popular bases in all governorates without exception

He pointed out that "there are no elections without changing the electoral law, and this can only be achieved in the presence of a parliament that exercises its functions in order to vote on the new law, stressing that any future changes in the axes of the political process cannot ".take place without legal tracks



Diplomats from 30 Muslim countries visited China's Xinjiang region 

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A delegation of 32 envoys and senior diplomats from 30 Muslim-majority countries have paid a visit to China's Xinjiang Uyghur Autonomous Region at the invitation of the Ministry of Foreign Affairs to learn about the region's economic and social development.

The five-day visit took place last week and included envoys from countries including Algeria, Saudi Arabia, Iraq, Yemen and Pakistan. The delegation visited the provincial capital Urumqi in addition to Kashgar and Aksu prefectures. They were met by Ma Xingrui, secretary of the Party Committee of Xinjiang Uyghur Autonomous Region.

A spokesperson for theFforeign Ministry, Hua Chunying said the diplomats visited mosques, Islamic schools, museums, old city renovation, grassroots communities, technology enterprises, green development and rural revitalisation projects.

"Members of the delegation expressed that the Chinese government adheres to the people-centred approach and has made great achievements in promoting the governance and development of Xinjiang," she said.

 

 
 
 
Ji Rong嵇蓉
 
@JiRongMFA
Seeing is believing.Diplomatic envoys from 30 Islamic countries visited #Xinjiang&witnessed ethnic groups living in harmony,religious belief freedom protected,breakthroughs made in poverty alleviation&rural revitalization,which is true reality in Xinjiang. http://bit.ly/3SwIH9r

"We sincerely welcome friends from all over the world to have the opportunity to visit Xinjiang in the future to experience the beauty, harmony and development of Xinjiang," she added.

 

According to China's CGTN, the delegation "witnessed Xinjiang's achievements in social stability, economic development, the improvement of people's livelihoods, religious harmony and cultural prosperity, expressing their hopes that exchanges and cooperation with the region would be deepened."

Algeria's Ambassador to China, Hassane Rabehi, was quoted by local media as saying, "The fruit here is so sweet, just like the life of the people here", adding that he got to know the "real situation" of Xinjiang, where the rights of people of all ethnic groups are well protected, said reports.

Following the event, a press release by the Ministry of Foreign Affairs stated that envoys expressed that "freedom of religious belief and various rights of Muslims are duly guaranteed." And that what the delegation saw and heard along the way "is completely different from what some Western media reported."

The US, its allies and the World Uyghur Congress have accused Beijing of committing genocide against the mostly-Muslim Uyghur ethnic minority which is contested by the Chinese government which claims they are combatting terrorism and separatism.

In 2019, 22 mostly Western countries in a joint statement to the High Commissioner to the UN condemned China's crackdown on Uyghur Muslims. However, a day later, 37 other countries signed their own letter defending Beijing's human rights record, and dismissing the reported detention of up to two million Muslims. Nearly half of the signatories were Muslim-majority nations.

On 31 July, a day before the delegation visited China, thousands of protestors staged demonstrations in solidarity with China's Uyghurs as part of the Stand4Uyghurs campaign.

 

Al-Sadr responds to Al-Maliki: The Iraqi parliament does not need to be dissolved

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Al-Sadr responds to Al-Maliki: The Iraqi parliament does not need to be dissolved

 

Today, Wednesday, the leader of the Sadrist movement in Iraq, Muqtada al-Sadr, responded to the head of the "State of Law" coalition, Nuri al-Maliki, regarding the dissolution of the House of Representatives, saying that "the dissolution of the Iraqi parliament does not need to be held."

And he said in a press statement: "Someone might say, that dissolving parliament needs to hold a parliament session to dissolve itself. No, there are blocs that adhere to quotas and persistence in corruption and will not succumb to the people's demand to dissolve parliament. Rather, I say: the dissolution of parliament is not limited to that."

Al-Sadr added: “From here, I address my words to the competent judicial authorities, especially the President of the Supreme Judicial Council, hoping that they correct the course, especially after the expiry of the brief constitutional deadlines and others for Parliament by choosing the President of the Republic and assigning a Prime Minister to form a government of dividends, as well as the national or independent majority and away from the old, grim faces. Which the people despair of, and which, if not corrupt, are either deficient or deficient.”

And he continued: "Yes, I address my words to the Iraqi judiciary, from which we still hope for good despite the political and security pressures it is subjected to and leaks from here and there, provided that it will dissolve Parliament after those constitutional violations above within a period not exceeding the end of next week, and graciously assign the President of the Republic. Setting a date for early elections, subject to several conditions, which we will announce later.

And Al-Sadr added: “During this, the revolutionaries will continue their sit-ins and their revolution, may God reward them with the best reward, and they will have another position if the people fail again, and we ask all the revolutionaries, the resigned Sadrist bloc, other deputies and all lovers of the homeland to submit official lawsuits to the Federal Court and through legal methods and through the centralization of the committee.” supervising the sit-ins to submit them to the competent judicial authorities.

He concluded his statement by saying: "It is clear that the judiciary is at stake, and we hope that it will take into account the interest of the people and not be afraid of pressures. I am sure that many judges are with the people and with reform.



The Sadrist movement clarifies about the next Friday prayer in the Green Zone

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To perform the legal duty in obedience to God Almighty, and in fulfillment of the martyr of Friday, the blessed Friday prayer will be held near the sit-in camps and exclusively for the protesting revolutionaries.  May God grant everyone to obey him

 

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The Supreme Judicial Council: We have no authority to dissolve Parliament

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On Wednesday, the Supreme Judicial Council issued a clarification regarding its powers to dissolve the House of Representatives.

And the judiciary stated in a clarification issued on March 22, 2022, a copy of which was received by Mawazine News, that “Iraq is a constitutional and political system country, and the mechanisms for forming authorities in it are based on the principles and provisions set by the Constitution of the Republic of Iraq for the year 2005, which stems from the will of the Iraqi people who chose their system. Political problems are dealt with in accordance with the constitutional provisions only, and no party, whether judicial or otherwise, may impose a solution to the state of political obstruction except in accordance with the provisions of the Constitution. The Council is dissolved by an absolute majority of its members with two options, the first at the request of one-third of its members, and the second at the request of the Prime Minister and with the approval of the President of the Republic.
He added: "From this text, it is clear that no other party, including the judiciary, in both its ordinary and constitutional parts, has the power to dissolve the House of Representatives because there is no constitutional or legal basis for this procedure."

And the leader of the Sadrist movement, Muqtada al-Sadr, demanded, earlier today, Wednesday, the Supreme Judicial Council to dissolve the House of Representatives before the end of next week.
Al-Sadr said in a tweet via Twitter seen by / Mawazine News /, "Someone might say: The dissolution of Parliament needs to hold a parliament session to dissolve itself. No, there are blocs that adhere to quotas and continue to corruption and will not succumb to the people's demand to dissolve Parliament, but I say: The solution Parliament is not limited to that."

He added, "From here, I address my words to the competent judicial authorities, especially the President of the Supreme Judicial Council, hoping that they correct the course, especially after the end of the brief constitutional deadlines and others for Parliament by choosing the President of the Republic and assigning a Prime Minister to form a government of stakes, as well as the national or independent majority and away from the old, grim faces that despair Including the people, and if they are not corrupt, they are either deficient or deficient. Yes, I direct my words to the Iraqi judiciary, from which we still hope for good despite the political and security pressures it is subjected to and leaks from here and there, provided that it dissolve Parliament after those constitutional violations above.. ...within a period not exceeding the end of next week, and graciously assigning the President of the Republic to set a date for early elections, subject to several conditions that we will announce later.
Al-Sadr continued, "During this, the revolutionaries will continue their sit-ins and their revolution, may God reward them with the best reward... and they will have another position if the people fail again, and we ask all the revolutionaries, the resigned Sadrist bloc, other deputies, and all lovers of the homeland to submit official lawsuits to the Federal Court, through legal methods and through centralization."

The committee supervising the sit-ins will present them to the competent judicial authorities. It is clear that the elimination of the stake is at stake, and we hope that it will take into account the interest of the people and not be afraid of pressures. I am sure that many judges are with the people and with reform.”


Forming a government and holding the protesters’ killers accountable.. Demands for demonstrations starting on Friday

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Today, Wednesday, the Secretary-General of the "I go down to take my right to democracy" movement, Mashreq Al-Fraiji, revealed the main demands of the Friday .demonstrations called by some of the parties to October

 

Al-Furaji said in a statement to (Baghdad Today), that "part of the October movements, as well as civil political movements, organizations and unions, will ".participate in this demonstration

He added, "The demands of this demonstration are to form a government, regardless of its formality, that will hold early elections, and it will have some tasks, such as holding the killers of the demonstrators accountable, and investing the financial ".surplus to lift the burden on the citizen Al-Fraiji added, "The demonstration will start on Friday in Al-Firdaws Square in ".Baghdad at six in the evening 



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

The exchange rates of the dollar, Wednesday , (August 10, 2022), according to the monitoring of specialists.  

 

Baghdad - the price on the stock exchange  

148.550  

  

The price in most exchanges  

148.000  

149,000  

—————-  

Erbil - Bursa  

148,525  

——————————  

Basra - Bursa  

148.600  


The Markets:
The Asian markets closed down NIK  by .65% HSI by 1.96% SHANG by .54%
The UK markets are currently trading in the green mostly from .07% to .22% 
Our futures are currently trading up  DOW at 32803  by .20% SNP at 4133.75  by .22% NDX at 13064  by .25%

Precious Metals:
Gold is red at 1809 Silver is red at 20.44 Copper is green at 360 Platinum is red at 933 

Brent 95 WTI  89   Bitcoin: 23,070  10 yr yield: 2.79

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1432.6000  1491.4000 1458.2000 1458.1000 1458.1000  0.9000 10:56
 USD/VND  23385.0000  23395.0000 23386.9700 23386.2100 23386.9700  -1.3000 23:36
 USD/CNY  6.7553  6.7573 6.7589 6.7513 6.7515  0.0037 05:21
 USD/KWD  0.3064  0.3074 0.3064 0.3062 0.3062  0.0001 05:17
 GBP/USD  1.2091  1.2093 1.2105 1.2064 1.2066  0.0025 05:31
 USD/IRR  42100.0000  42600.0000 42332.1000 42332.1000 42332.1000  85.4000 10:23
 USD/IDR  14853.0000  14854.0000 14882.0000 14840.0000 14858.0000  -4.0000 05:31

Things in the News:


Iraqi Articles:

Release Of Funds For Lecturers And Administrators For The Governorates

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The Ministry of Finance announced, today, Wednesday, the release of financial amounts for lecturers and administrators, and labor and social security contributions for the governorates.
A statement by the ministry, which was reviewed by (the information), stated that "the Ministry of Finance has started implementing the Diwani Order No. 35 of 2022, which includes the release of financial amounts for lecturers and administrators."
The statement added that the release of the amounts included "work and social security contributions for the governorates, which are covered by the Emergency Food Security Support Law No. 2 of 2022."



A Leader In Law Reveals The Details Of The Upcoming Al-Sadr And Al-Amiri Meeting

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The leader of the State of Law coalition, Jassim al-Bayati, confirmed, on Wednesday, that the expected meeting between the head of the Fatah Alliance Hadi al-Amiri and the leader of the Sadrist movement, Muqtada al-Sadr, is personal and does not represent the coordinating framework, indicating that the meeting is to dampen the atmosphere and not a new mediation.

Al-Bayati said in a statement to "Information", that "the announcement of an upcoming meeting between the head of the Al-Fateh Alliance Hadi al-Amiri with the leader of the Sadrist movement, Muqtada al-Sadr, is not a mediation, but rather a personal meeting that links the two personalities of a good relationship."

He added that "the meeting does not represent a dialogue between the framework and the current, but rather the desire of Al-Amiri to dampen the political atmosphere," noting that "the dissolution of Parliament will only take place through the parliament and under an elected government after the completion of the adoption of a new election law and the replacement of the Electoral Commission."

Information and sources have indicated for several days about an expected meeting that will bring together al-Sadr and al-Amiri at the home of the first in al-Hanana in Najaf al-Ashraf, without specifying a date for this meeting and a statement of its most prominent agendas.



In the presence of Blackshart.. The start of a meeting of Kurdish parties in Erbil

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The Kurdish parties held, on Wednesday, a meeting to discuss the political situation and resolve the presidential candidate, in the presence of the representative of the Secretary-General of the United Nations, Jenin Plasshart.

The meeting witnessed the presence of the Patriotic Union of Kurdistan, the Kurdistan Democratic Party and the Movement for Change, as well as the Islamic Union, the Islamic Group, the Socialist Party and the Communist Party.

According to the official news agency, the parties' reports that were prepared after the last meeting will be discussed, in addition to discussing the political situation and the issue of the president's decision. 


Al-Kazemi, addressing the political forces: Dialogue for a thousand years is better than the moment we collide with as Iraqis

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On Wednesday, Prime Minister Mustafa Al-Kazemi considered dialogue the only way to overcome the current political crisis in the country.

This came in his speech during the ceremony of laying the foundation stone for the rehabilitation project of Mosul International Airport.

Al-Kazemi said in his speech, "We succeeded in crossing the economic challenge as well as the security challenge, and today the political blocs are required to assume their responsibilities by resolving the issue of the political blockage, for the sake of Iraq's interest and its future."

He added, "I wish everyone to work with all force to resolve the political impasse and resort to dialogue to resolve differences, and we have no choice but dialogue," adding that "dialogue for a thousand years is better than the moment we collide with as Iraqis."

With regard to Mosul Airport, Al-Kazemi said, "The Mosul International Airport project is a strategic and important project for our sons in the province, and we are laying the foundation stone today."

He also stated that "Mosul International Airport will provide job opportunities, facilitate transportation, and facilitate the lives of citizens."

Al-Kazemi described the "city of Mosul" as "a model of Iraqi coexistence and diversity, which we consider an element of strength," saying, "a model of tolerance that proves that Iraq possesses a lot of human capabilities and competencies in this province, which is good with its people and history."

He went on to say that "the city of Mosul has suffered a lot from the policies of confusion, terrorism and poor planning, and God willing, what happened in the past will not be repeated, neither in Mosul, nor in Nineveh, nor in the whole of Iraq."

The head of the federal government also noted that "there are tremendous efforts being made daily for reconstruction, and I personally follow them, and follow the details of the challenges and overcoming them, in order to send a message that the Iraqis deserve life, and that they are able to turn challenges into opportunities for success."

He added, "We must pay tribute to the other projects that the province is witnessing, and soon (..) we will come to inaugurate the project of reconstructing Al-Nuri Mosque, this important mosque that is on the conscience of the people of the province and all Iraqis." International organizations, UNESCO, and international organizations, as well as the advisory office of the University of Mosul, and brother Rakan Al-Allaf have worked, and we hope that this project will be completed in the near future.

"Today, we all need integration and cooperation in order to mobilize energies and build an Iraq worthy of Iraqis, and these efforts will not be lost, and we will not allow the corrupt to exploit these projects to squander the people's money," he stressed.

Al-Kazemi stressed that "the result of everyone who tries to tamper with these projects for personal interests or for the sake of gangs and corrupt groups will be the same as the fate of the terrorists who tried to destroy this city.

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage

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Al-Kazemi: The Mosul International Airport project is strategic and important and will provide job opportunities 

Al-Kazemi: We succeeded in crossing the economic and security challenges 

Al-Kazemi: The political blocs are required to assume their responsibilities by resolving the issue of the political blockage



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 August 10th, 2022 total sales amount $276,401,350

Trial scales


The Central Bank of Iraq demands exchange companies, categories (A) and (B) with trial balances...To view,  click here

Banking Control Department, Non-Banking Financial Institutions Supervision Department, Audit and Inspection Division, Performance Analysis and Evaluation Issue: 9/5/295/Date: 8/7/2022

 NO: Date :

 To/ exchange companies/ both categories (AB) all m/ trial scales

 good greeting...

 Attached to our book No. (248/5/9) on 06/27/2022.

 It is decided that you will provide us with the audit balances and pay the audit fees of (1000,000) dinars (from a thousand dinars) by referring to the payment system.

 (RTGS) starting from the first semester of the year 2023.

 .. with respect.

ISX Update:   NOT UPDATED

www.isx-iq.net/   

Shares Traded: 
Value Traded: 

closed 


8-10-2022   Newshound/Intel Guru Mnt Goat  Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen gradually but all at once. The next step is to monitor for inflation for a week or two and then to reinstate on FOREX.   We will not get to the rates we want until on FOREX. Currencies are traded on FOREX and other global currency exchanges NOT on NASDAQ, NYSE or in any other of the stock markets, even ISX (the Iraqi stock exchange).

8-9-2022   Intel Guru Frank26  
Article:  "The International Development Bank joins the Federation of Emirates Banks in DubaiTHIS IS BUT ONE OF HUNDREDS OF BANKS AROUND THE WORLD THAT HAVE BEEN BONDED WITH THE CBI AND NOT AT A PROGRAM RATE!

8-9-2022   Intel Guru MarkZ   [via PDK]    So far from Iraq today I heard from a contact who says the goal is still the 15th or before...there is a lot of chatter from group leaders about this weekend. ...I am praying this is it. It feels really close.

8-9-2022   Newshound Guru Tivon   ...The CBI does not have to announce that they are Article 8.  The only time we will know that is when we literally see the rate on the Forex.

8-9-2022   Newshound Guru Kaperoni  ...There are two real possibilities for the currency in the future. 1, which is being discussed include educational programs with the citizens is a currency exchange neutral event LOP.  And 2, what the IMF has discussed for years which is floating the currency and allowing it to gradually appreciate based on the economic growth of the economy. There is absolutely zero talk or discussion of a significant RV of the Iraqi dinar...

8-9-2022   Newshound Guru Pimpy  There's still a stalemate going on but...there was a solution that I think is very interesting put forwardly Sadr.  Article:  "Al-Sadr proposes a "solution" to the political crisis: forming a government devoid of the Sadrists and "Malikis"  ...It's going to look like Sadr is willing to do whatever it takes for the Iraqi people and you know dang well Maliki is not going to agree to this and it's going to make Maliki look bad...I'm not sure how they're going to get out of this deadlock...

8-9-2022   Newshound Guru Jeff   Iraq pulled a fast one right under everyone of your noses...per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency.  They're telling you now they're going to be rescheduling the elections and dissolving parliament...Are we waiting until around September of next your?  ...the elections could easily take 3 to 6 months...Are you possibly waiting until sometime in 2024 to see a currency revaluation?

8-9-2022   Intel Guru MarkZ   [via PDK]   We are hearing very positive things from Iraq...  There is a lot of talk about Thursday from Redemption Center’s and groups…but it may be a bit premature…even though I believe we are stinkin close. We got another comment from Iraq yesterday…An advisor to Kazemi letting us know that Kazemi has already cut a deal with the CBI for the release by the 15th.  This is more confirmation that this appears to be their target to release before the 15th.  Stay calm as we watch this play out. 

8-9-2022   Newshound Guru Samson  Article: "The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament"

8-9-2022   Intel Guru Frank26   [Iraq boots-on-the-ground report]   We're still pretty sure when Kazemi and CBI have set forth something that when a seated government is in place we will see a rate change for sure...  FRANK:  Yes very shortly after Kazemi introduces his government to you citizens then he will introduce a new exchange rate and a new currency through the central bank...

8-9-2022   Intel Guru MarkZ   [via PDK]   A number of groups reached out to their folks today and sent directions or email instructions for them to make certain they are prepared to go at any moment. One of the notices received said “We do not know the timing yet, but it’s expected to be imminent so make sure you have current ID’s and make certain you have everything ready to go at the drop of a hat”... I think this is huge news that they wanted them to be prepared to go at any moment...

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