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IRAQI PARTIES CONTINUE TO WRANGLE OVER NEXT PM, AS PROTESTERS REJECT TWO NAMES Photo: Social Media/NRT Arabic 12 Hours ago http://nrttv.com/En/News.aspx?id=19199&MapID=2 SULAIMANI — As protests continued in the streets of Baghdad and the southern provinces on Tuesday (January 21), Iraqi political leaders continued to wrangle over who should take over from caretaker Prime Minister Adil Abdul Mahdi. Several names have been floated, but have either been rejected by the political blocs in parliament or by protesters in Tahrir Square. Among those reportedly being considered by the parties are former communications minister Muhammad Tawfiq Allawi and former minister of planning Ali Yousif al-Shukri, and head of the intelligence service Mustafa al-Kazemi. Kazemi has previously indicated that he would not seek the post himself. On Monday, the State of Law Coalition issued a statement expressing a preference for Shukri. On Tuesday, protesters hung posters in Tahrir Square near the Turkish restaurant building with the faces of Allawi and Shukri crossed out in red, indicating that their candidacies had been rejected by the street. Both have previously held positions in the government and the protesters have demanded that any new head of government be someone who has never held a senior position in the government, which they see as a fundamentally corrupt system. (NRT Digital Media)

Iraq to ‘stop’ Iran gas transfers if US waiver ends: bank Washington slapped tough sanctions on Iran's energy sector in 2018 but has granted Iraq a series of temporary waivers over the last 15 months to allow it to buy gas from Tehran Janhttps://www.globalvillagespace.com/iraq-to-stop-iran-gas-transfers-if-us-waiver-ends-bank/uary 21, 2020 The bank through which Iraq pays for Iranian gas imports to power its grids said Tuesday it would stop processing payments if a crucial US sanctions exemption expires next month. “We’ll stop. As simple as that,” the head of Trade Bank of Iraq (TBI) Faisal al-Haimus told AFP. That could be devastating for Iraq’s crippled electricity sector, which has relied on Iran for about a third of its supply, and comes at a time of heightened US-Iran tensions. Washington slapped tough sanctions on Iran’s energy sector in 2018 but has granted Iraq a series of temporary waivers over the last 15 months to allow it to buy gas from Tehran. US President Donald Trump threatened to impose sanctions “like they’ve never seen before” on Iraq if US troops were forced out Baghdad pays for the imports by depositing Iraqi dinars into an account at the state-owned TBI, which Iran is technically allowed to use to purchase non-sanctioned goods. But if Iraq’s waiver is not renewed next month, TBI would stop processing payments, Haimus said. “If the waiver ended, of course TBI will not pay for any gas or deal with any Iranian entity over gas or electricity. Absolutely,” he said. “As a bank, the most important thing we have is that we are compliant (with international regulations). That’s why people trust us,” the chairman added. Sanctions threat Any entity that deals with institutions or countries that are blacklisted by the US could be slapped with secondary sanctions, which restrict its access to US dollars. The waiver protected Iraq from such sanctions, allowing it to continue importing about 1,400 MW of electricity and 28 million cubic metres (988 million cubic feet) of gas from Iran. In the meantime, Iran and Iraq agreed on a payment scheme in line with US regulations: a TBI account in Iraqi dinars. As of last year, Iraq had an outstanding bill of around $2 billion for previous gas and electricity purchases, according to Iranian Oil Minister Bijan Zangeneh. Haimus declined to disclose how much had been paid into the account or how much was still owed, but told AFP that “disputes” meant Iran had not been able to actually access the money. “A few payments were made according to this mechanism but the problem is that handling this money was not possible,” he said. Iraq fears being swept up in the spiralling tensions between Iran and the US, both of them allies to Baghdad. Earlier this month, Iraq’s parliament voted in favour of ousting foreign troops — including some 5,200 US forces — following a US drone strike near the Baghdad airport that killed top Iranian and Iraqi military officials. Outraged by the vote, US President Donald Trump threatened to impose sanctions “like they’ve never seen before” on Iraq if US troops were forced out. The US then informed Iraq that it was considering blocking Baghdad’s access to a US-based account where Iraq keeps oil revenues that contribute 90 percent of the national budget.

Member of Parliamentary Finance proposes a "real solution" to eliminate unemployment Economie 2020-01-21 | 06:20 https://www.alsumaria.tv/news/اقتصاد/332207/عضو-بالمالية-النيابية-تقترح-الحل-الحقيقي-للقضاء-عل Member of Parliamentary Finance Committee Magda Al-Tamimi said on Tuesday that eliminating unemployment would be through supporting the commercial, industrial and agricultural sectors, saying that the private sector "died" as a result of high costs and wide open import for most things, even simple ones. Al-Tamimi said in an interview with Alsumaria News, that "we have a personal work to archive the financial history of Iraq from 1921 in which the defects of the financial policies of the Iraqi state and across previous governments were explained," noting that "the big dilemma was after 2003 in which we followed how many were awarded A government of budgets without knowing where to go. " She added, "Most of the budgets went to salaries in addition to the waste and corruption in the allocations intended for the investment side, which were not going to real projects," noting that "the role of the Ministry of Planning is to follow up the need of each ministry of employees to work according to the specialization and is sent clearly and periodically Today we have a surplus of workers in the public sector, in addition to placing people in an inappropriate place within the specialty and certification, which has created a kind of confusion in terms of specialization and greater numbers of need, which has created additional burdens and a large financial deficit that needs to be covered. She pointed to "the issuance of decisions according to reactions and not according to studies, where he deliberately addressed the file of the unemployed in response to reactions without elaborating a study and perhaps he responded to partisan pressures," stressing that "the real solution to eliminating unemployment is by supporting the rest of the agricultural, industrial and commercial sectors to end The citizen needs to search for a government job to provide for his livelihood because the citizen wants a job opportunity, not a government job. And she continued, "The private sector died as a result of the high costs and wide open import of most things, even simple ones that Iraq can simply manufacture for intentional or unintended reasons, which caused the closure of many factories," saying that "the solution is through the coming of a leader who puts the country and an interest The people have their eyes in mind that Iraq should be first and foremost and not in the interest of others, and that the person with jurisdiction comes to the right place without fear of this or that. " The Central Bureau of Statistics reported, last Thursday, that "the urban unemployment rate was 14%, and in the countryside 13.2%."

Prof. Haider Wahab Al-Anzi *: Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study 01/19/2020 http://iraqieconomists.net/ar/2020/01/19/أ-د-حيدر-وهاب-العنزي-أضواء-قانونية-على/ The issue of the independence of the central bank from the executive branch conflicts in two opposing directions. The first sees that the independence of the central bank is merely a myth, an illusion or an idea that is not applicable for several reasons, foremost of which is that the monetary authority has not yet reached the amount of the independent public authority, just as it is like other public legislative and executive authorities. Judicial and the monetary policy that the central bank is concerned with formulating and implementing is part of the general policy in the state and therefore the central bank must refer to the executive and legislative authorities and be associated with them and is in the process of drawing monetary policy and implementing it either. I saw that the independence and the necessary condition necessary for the success of the work of the Central Bank and other than that the bank is subject to the domination of the government and this is what causes financial risks standing in the forefront of falling into the inflationary crises. The truth is that independence is a necessity at the present time because it enhances the efficiency of the central bank and guarantees the neutrality of its job as independence maintains the economy from the risks of inflation and excludes the central bank from the impact of political disputes and independence protects the central bank money from the risks of judicial seizure that arise due to the claims lodged by creditors The government and requiring them to seize the bank’s money deposited abroad . But if independence is necessary, all its components must be available, namely financial independence, administrative independence and technical independence. If the constitution of the Republic of Iraq in force for the year 2005 stipulated that the central bank is an independent public body that is responsible for questioning it and interrogating its employees, the constitutional treatment of the issue of independence was not a treatment. Integrated, where several deficiencies were marred, and the researcher took the spotlight on the constitutional and legislative deficiencies with proposing the necessary and appropriate solutions to enhance the independence of the Central Bank from the executive authority to ensure that the aforementioned bank performs its duties to the fullest. To download the study as a PDF, click on the following link (*) Professor of Public Finance and Financial Law, Faculty of Law, Al-Mustansiriya University

Prime Minister: The government submitted its resignation about two months ago and we are still asking the parliament and political forces to present new candidates to hand over the tasks and responsibilities to the new government in a smooth and smooth manner, and we can return to the conditions of a full-fledged government, and until now nothing has happened ...

Saleh heads to Switzerland after negotiations to nominate the prime minister faltered Editing Date: 1/21/2020 19:07 • 65 times read http://www.alliraqnews.com/modules/news/article.php?storyid=86190 [Baghdad-where] The President of the Republic, Barham Salih, headed to Switzerland today, Tuesday, to participate in the Davos Economic Forum, which started this morning. A source in the Prime Minister said, "President Saleh went to Switzerland to participate in the Davos Economic Forum." A well-informed political source indicated that "Saleh left after the agreement stalled again to name a new prime minister because the political blocs did not agree on a particular candidate."

Deputy: The President of the Republic succumbed to the pressure of quotas advocates and did not name a Prime Minister Policy 2020-01-21 | 14:38 https://www.alsumaria.tv/news/سياسة/332253/نائب-رئيس-الجمهورية-رضخ-لضغوط-دعاة-المحاصصة-ولم-يس On Tuesday, MP Mohammed Al-Khaldi considered that the President of the Republic succumbed to the pressure of the quota advocates and did not name a Prime Minister. Al-Khalidi said in a statement that Alsumaria News received a copy of it, "The national forces and personalities have endeavored, with continuous and continuous efforts, for nearly two months and more to reach a strong national, political and popular agreement on a strong personality that can cross the political process to safety." He added that "those efforts reached their final stages after we submitted the signatures of more than 170 deputies to the specifications that should be met by the candidate for the post of prime minister, and after that we presented the name of a candidate accompanied by the signatures of more than 60 deputies, and we were able to gather the national class towards a person with specifications agreed upon in order to assign it to the president Republic yesterday evening. " Al-Khalidi stressed, "The president of the republic was supposed to announce the name of the candidate yesterday, but he gave in to pressure from the quota-sharing advocates who did not like them to liberate Iraq from the hegemony of the parties and to achieve the change that was called for by the demonstrations." He pointed out that, "From this standpoint, after the quotas have succeeded in passing their will and passed their word and failed everything that we went through to achieve the aspirations of the street with change, we leave the decision today to the largest bloc and the decision-maker and all the authorities, which is the Iraqi people to defend their rights by peaceful means that they deem appropriate. And to serve Iraq and achieve the legitimate and constitutional demands. "

01/21/2020 20:03 http://almasalah.com/ar/news/186466/ائتلاف-النصر-العطلة-التشريعية-ملزمة-دستوريا-موازنة-2020-ومرشح-الحكومة-يعالجان-بجلسة-استثنائية Victory Coalition: the legislative holiday is constitutionally binding .. the 2020 budget and the government candidate treated with an extraordinary session Baghdad / Obelisk: Member of the House of Representatives for the victory coalition, Hoda Sajjad, affirmed on Tuesday, January 21, 2020 that the oversight role of the House of Representatives will not stop during the legislative recess, and that the supervisory work will continue. Sajjad said in a press statement, seen by the "obelisk", that "many MPs prefer to work during the legislative holiday and perform their supervisory duties." She explained, "The proposal to postpone the legislative term is against the constitution," noting that "there are two legislative seasons in one year, between one and the last two months of legislative holiday, which have been reduced to one month, and according to the constitution, we cannot postpone the legislative term." And carpets continued, that "in the event of a vote on the budget or a candidate for the prime minister, there will be an extraordinary session and attendance is necessary especially that according to the constitution the legislative term is not lifted if the budget arrives."

Based on the decision of the general authority at its meeting on 5 / 12, which included the increase in the bank's capital from 100,000,000,000 billion shares to (150,000,000,000) one hundred and fifty billion shares, according to Article (55 / I) of the companies act no. (21) of 1997, by offering new shares for the conclusion of (50,000,000,000) fifty billion shares, the value of one shares In one of the banks.. the board of directors therefore invites the participants and the generous public, to end this increase and as follows: Article: Company Name: Spectrum Islamic Investment & Finance Company (private contribution). Article: 1. Company Centers: Main Branch in Baghdad. 2. He has the right to open branches inside and outside Iraq and under an annual plan of the company after the approval of the central bank of Iraq also has the right to transfer the main branch or any branch of its branch or close or merge any branch after the approval of the bank Iraqi central. Article: The Company's purpose, nature and activities: The Bank aims to provide financial and banking services in line with the provisions of the Islamic law to contribute to the development of the national economy as much as it is available and for that purpose it exercises for itself or for others in Iraq and abroad all known and updated banking activities and all banking Various Islamic investments are not in conflict with the provisions of the Islamic law, the Islamic International Standards, the law of the central bank and the Islamic Banks, the law of the central bank and the Islamic Banks, and the instructions issued by them, and in order to carry out activities to: Receiving Cash Deposits (in the form of on-demand deposits, term deposits, tied or non-tied or other types of deposits) or other types of deposits) or any other funds outstanding without interest in accordance with Islamic legitimacy and standards Islamic International and legitimacy, the law of Islamic banks in force and the instructions issued under it. To be committed to operating, hiring and investing the amount of deposits held under an agency contract for a specific wage only or to take a fixed wage plus a share of the profit achieved on the investment process if it is increased above a certain limit in the contract and The money of the deposit shall be carried out as agreed upon when deposit in accordance with the provisions of Islamic law and international Islamic legal and accounting standards. Establishment of investment wallets and investment funds and issuing joint opposition instruments or ad-specific instruments as defined by the central bank of Iraq. Establishment of mutual insurance funds for the bank or its clients in various fields. Acceptance of commercial and financial papers to protect them, collect the rights of the owners and pay the collection of instruments, orders and permission unless they contain interest or contrary to provisions. Provision of set-off, settlement and transfer services for transport, Securities, payment orders, payment tools (including instruments and credit cards), debit, other payments, tourism networks, bank transfers, and payments The City and its pre-authorized credit, as well as providing services as a manager of papers, as a financial advisor or as a financial consultant, taking into account the law of the central bank of Iraq, the Islamic banks law, the electronic payment system in force and the instructions issued under it and It does not go against the provisions of Islamic law and international legal and accounting standards. Conservation and management of precious objects, including securities and the provision of Secretariat Conservation Services, in accordance with the provisions of the Islamic law, international legal standards and the Islamic banks law in force and the instructions issued under it. To carry out research and studies on project creation, economic utility studies and the recruitment of others for this activity, as well as special studies for the account of its clients and provide information and advice to them. To participate in the union of Islamic banks and exchange of experience with the Islamic development bank and Islamic Banks across the globe. Possess, sell, invest, rent, invest, rent and rent, including the rehabilitation of owned and rented land and its preparation for Agriculture, industry, tourism and housing upon the approval of the central bank Transfer of real estate ownership once the purpose it was created for. Establishment or contribution of companies in various areas that complement their activities and contribute to existing companies with non-prohibited activity, with the approval of the central bank of Iraq and no more than the percentage of the bank's capital and reserve His. Contribution to the capital of Islamic banks within and outside Iraq after the approval of the central bank of Iraq. Banking interest does not take and give. Investment or financing of any goods or project shall not be considered for the Islamic law. The financing of real estate brokerage operations is not. The value of fixed property prepared to use (30 %) of its net basic private funds and does not exceed its investments in fixed property including the above (50 %) of The value of his portfolio. The Bank shall appoint a legal body by the general authority of the bank of the bank of no less than (5) members, including (3) experienced in Islamic doctrine and assets and (2) At least those who are experienced and competent in banking, legal and financial, and no member of the legal authority shall be able to resolve the legal body or to relieve any member of it, except by the decision of the board of directors of the bank by a two-third majority of the members and the approval of the Article: Company Capital: Paid Capital (100,000,000,000) hundred billion dinars is divided into one hundred billion shares, the value of one dinar. Article V: Company Board: Members of the board of directors of the bank: elected by the general body of the company (5) of the company's general body (1) and shall be selected in the manner and rates of the original members. Taking into account the availability of legal requirements in the membership of the board of directors in the banks act no. 94 of 2004, the instructions issued and the companies act no. (21) of 1997, and the rules and controls And the instructions of Islamic banks 1. Start Date: 19 / 1 / 2020 2. Number of shares for conclusion: Fifty billion shares, the value of one shares. 3. Venue: Middle East Investment Bank Baghdad - 🚫🚫 Indian District Babylon - m / 929-G / 25-building / 14. 4. The subscription shall be for all participants, taking into account section (56 / III) of the companies act no. (21) of 1997, by giving the right of interest to the contribution to the contribution within the first 1997 days of the date Subscription. 5. Subscription Period: no less than 30 days and no more than 60 days. 6. the public and the non-subscribed contribution will be closed in the first 6. Days in the second 30 days until (30 days). The subscription will be closed at the end of the period mentioned above in the event of the full shares and the subscription will not be entered The most important unsubscribed again 7. Attached the documents required below with the subscription form: A. Stock Certificate (for the contribution only). B. An instrument in the amount of the order of the bank C. Photo of the certificate of citizenship and the identity of civil status or National Card (for the first time). Note: The subscription is cancelled if the instrument returns for any reason. Chairman of the board Hilarious Saddam mercy

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The International Islamic Bank application It provides all the information required to localize salaries for employees of the Ministry of Interior and through your personal phone. Including the 2045 cash withdrawal centers in general Governorates of Iraq.

Abdul-Mahdi: There is no real movement to nominate a new head of government Political 06:49 - 21/01/2020 https://www.mawazin.net/Details.aspx?jimare=82881 Baghdad - Mawazine News The resigned prime minister, Adel Abdul Mahdi, revealed on Tuesday that there is no real movement to nominate a new head of government. Abdul-Mahdi said, in a speech to him during the regular cabinet session: "We have been asking for two months for a new prime minister to be appointed and there is no real movement to end and resolve this file." He added: "We refuse to blame the government for the events that Iraq is going through," asking parliament and political forces to "present a candidate for prime minister as soon as possible." And on the foreign presence in Iraq, Abdul-Mahdi said: "We started to implement the parliament's decision to remove foreign forces from Iraq," calling on everyone to "respect the sovereignty of Iraq and not to interfere in its internal affairs." End 6/6 N

After it was not possible to agree on the selection of the Prime Minister, Saleh leaves for Switzerland Political 07:10 - 21/01/2020 https://www.mawazin.net/Details.aspx?jimare=82884 Baghdad - Mawazine News Barham Saleh, President of the Republic, left on Tuesday evening, Iraq, heading to Switzerland to attend the Davos conference. Some of the world's leading businessmen and politicians, as well as a number of celebrities, are gathering in the Davos Resort, Switzerland, for the World Economic Forum. The forum’s guests vary, among those attending this year’s session: US President Donald Trump, Swedish teenager active in climate change, Greta Thunberg, and Uber chief Dara Khusrawshahi. The news of President Saleh's travel to Davos raised the anger of Iraqis, as some considered that there was a defect in assessing the priorities of the president when the crisis worsened in the country. End 6/6 N

You can now exchange the damaged Iraqi currency with a new one for free and immediately 🌹 , , , # Islamic_Advisor_Bank # Loans # Murabaha # Murabaha # Participation # Speculation # Financing loans # Project financing # Baghdad # Iraq # savings account # current account # Awareness section Banking awareness section

Al-Muttalabi: There is no agreement on the person of Muhammad Tawfiq Allawi 22:58 - 01/20/2020 https://www.almaalomah.com/2020/01/20/450914/ Information / Baghdad Member of the Legal State coalition, Saad Al-Muttalabi, said on Monday that there is no agreement on the person of Muhammad Tawfiq Allawi, as the crisis continues despite the talk of decisiveness. Al-Muttalabi said in a televised statement that I followed (Al-Maalouma), "All the candidates were occupying sovereign positions, and it is not possible to bring a person from the street and assign him as prime minister." He added that "the crisis is still continuing despite talking about decisiveness, as the parties to the crisis reject dialogue and the horizon is still closed." He explained that "the talk about resolving the prime minister candidate falls within the pressure, as there is no consensus on the person of Muhammad Tawfiq Allawi." And that "the blocs fear the nomination of an unidentified figure for prime minister and the decision is currently in the hands of other people and conquest," pointing out that "the construction and the Kurds have a comfortable majority to pass the candidate for prime minister." 25 n ended

01/20/2020 23:31 News that no agreement has been reached on any candidate to head the Iraqi government http://almasalah.com/ar/news/186414/أنباء-عن-عدم-التوصل-الى-اتفاق-على-أي-مرشح-لرئاسة-الحكومة-العراقية Baghdad / Obelisk: An Iraqi source confirmed on Monday that there is no agreement on any candidate to head the transitional Iraqi government. The source said, according to the Russian RT. He added, "It is expected that no candidate will be agreed upon within the next 24 hours." Source: RT

Asia Hawala wins four international awards in the field of digital transformation and financial inclusion http://economy-news.net/content.php?id=18831 Economy News _ Baghdad Asia Hawala Company has won four awards at the level of Iraq, the Middle East and the world in the field of digital transformation and financial inclusion. The company said in a statement, "Economy News" received a copy of it, that our company won the forefront and advanced positions in four awards at the level of Iraq and the Middle East as well as internationally with several international companies, by the organizers of the awards ceremony in the prestigious communications world award 2019 (Prestigious Telecoms World Award 2019), as the awards were presented on September 24, 2019 at the Conrad Hotel in Dubai - United Arab Emirates, during the Telecoms World Middle East Summit. She added that the company received the Best Emerging Market Initiative Award, which indicates the contribution of emerging markets to developing the economic level and services, especially electronic ones, that facilitate financial requirements and thus the life of the citizen, as well as the Digital Transformation Award Which indicates the companies and organizations that have taken upon themselves the future view of the digital trend and contribute to the global digital transformation and financial inclusion. The company noted that the other awards are the Best Use of Mobile 2019 award, which indicates the best use by companies for existing communications networks by adding new services that enhance the economic development of the market and various segments of society, and the award for the best digital experience 2019 (Best Digital Experience 2019), which indicates the best example to follow in the field of digital development taking place and the search for the best digital experience that has served both the citizen and the market. Number of views 88 Add date 20/01/2020

Iraqi Private Banking Association organizes a workshop «The private banking sector in the current circumstance» http://economy-news.net/content.php?id=18841 A side of the workshop at the headquarters of the association Economy News _ Baghdad Yesterday, Sunday, the Association of Iraqi Private Banks organized a specialized workshop (the private banking sector in the current circumstance) in which the colleges of administration and economics at the University of Baghdad, Al-Mustansiriya University, the University of Al-Nahrain, the Iraqi University and the Central Technical University attended by some deans, heads of scientific departments, teaching professors and graduate students. Representatives of the Central Bank of Iraq, government and private banks, and the Iraq Stock Exchange attended the workshop. The workshop discussed the first two papers entitled (The Private Banking Sector .. Notes and Ideas) presented by Dr. Star Al-Bayati, Professor at Al-Nahrain University, and a paper entitled (Our Banks in the Current Situation and Requirements for the Year 2020) presented by the advisor to the Association of Iraqi Private Banking Samir Al-Nassiri, and the session was chaired by Dr. Abdul Rahman Al-Mashhadani From the Iraqi University. The workshop included discussions and proposals to support private banks from the Central Bank and the government, and the workshop reached a number of recommendations that will be submitted to the Central Bank and the Ministry of Finance. Samir al-Nusiri said in an interview with "Al-Iqtisad News" on the sidelines of the workshop, that one of the most important recommendations reached by the attendees is to activate the decisions of the Council of Ministers and the Committee for Economic Affairs to support private banks that were previously issued and have not yet been implemented, and activate the initiative to finance small and medium projects . Number of views 54 Date added 20/01/2020