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Mary B

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Mary B last won the day on October 12 2020

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  1. Kuwait congratulates Iraq on its exit from Chapter VII procedures political Today, 00:26 BAGHDAD - Kuwait's Ambassador to the United Nations, Mansour Al-Otaibi, congratulated Iraq on its exit from Chapter VII procedures. Al-Otaibi said in Kuwait's speech before the UN Security Council during the session devoted to hearing the briefing of the Chairman of the Board of Directors of the United Nations Compensation Committee, followed by the Iraqi News Agency (INA), "We welcome the termination of the mandate of the United Nations Compensation Committee over Iraqi funds, and we also congratulate brotherly Iraq on its commitment to implementing decisions The United Nations and his exit from Chapter VII and the end of the compensation file.” He added, "Iraq's fulfillment of its international obligations represents a starting point," stressing that "we will spare no effort to support Iraq's sovereignty, independence and territorial integrity." https://www.ina.iq/149580--.html
  2. The Minister of Foreign Affairs announces Iraq's exit from Chapter VII procedures political Today, 00:07 Baghdad - INA The Minister of Foreign Affairs, Fouad Hussein, announced that Iraq has exited from Chapter VII procedures, after paying all of its financial obligations, while stressing that Iraq is no longer required to pay any additional sums of money in the future. Hussein said in Iraq's speech at the Security Council during the session devoted to hearing the briefing of the Chairman of the United Nations Board of Directors for the Compensation Committee, a copy of which was received by the Iraqi News Agency (INA), that "Iraq today is turning an important page of its history that lasted more than thirty years," pointing out that "Iraq seeks to strengthen cooperation frameworks with the international community." He added, "Iraq has paid the last payment in accordance with its financial obligations and paid the full amount of due compensation," stressing that "Iraq is no longer required to pay any additional amounts of money in the future." He pointed out that "the Iraqi government confirms that working with the United Nations Compensation Commission was a successful model for multilateral work," noting that "Iraq continued to fulfill these obligations in full according to the timetables." He explained, "The Government of Iraq considers the full fulfillment of its international obligations towards the international community and the sisterly State of Kuwait as a great development," noting that "Iraq has sought to complete this unique model to remove Iraq from all Chapter VII procedures." And he continued, "Iraq looks forward to the fact that closing this file will reflect positively on its regional and international relations," adding: "We congratulate the Iraqi people and government for ending international obligations and for Iraq's exit from Chapter VII procedures." Below is the text of the word: I have the honor to begin my speech as a representative of my country, by congratulating the Russian Federation on its assumption of the presidency of the Security Council for the month of February, wishing the Permanent Representative of Russia success in this mission. I also extend my thanks and gratitude to the Kingdom of Norway for assuming the duties of managing the presidency of the Security Council for the past month. As well as thanks and gratitude for the briefing given by the Chairman of the Board of Directors of the United Nations Compensation Commission. Mr president ... Iraq today turns an important page of its history that lasted more than thirty years, and a new page begins in Iraq’s diplomatic, political and economic history, a page that strengthens its regional and international role in proportion to its history and cultural weight on the map of the region and the world, as an effective state in harmony with the aspirations and goals of the international community, as it seeks Iraq to strengthen frameworks of cooperation with the international community, led by the United Nations, considering that Iraq is one of the founders of this organization and the signatories to its charter on October 14, 1945, and in order to restore its role as an effective and responsible member of the international community. Mr president ... According to the final report issued by the United Nations Compensation Commission, and the briefing given by the Chairman of the Committee's Board of Directors, and the clear indications it contained on Iraq's fulfillment of all its international obligations under the relevant Security Council resolutions, Iraq has paid the last payment in accordance with its financial obligations and paid in full. The amount of compensation owed by him, which is (fifty-two point four) billion dollars, through the United Nations Compensation Committee, which was distributed to (one point five million) claim from all categories of claims, and according to what was stated in that, and the wording of the paragraphs of the Council’s resolution was approved The security approved in this session, and as a reminder of all relevant Security Council resolutions, the Compensation Committee has fulfilled its mandate in full, and has completed consideration of any future claims on the issue of compensation, and Iraq is no longer required to pay any additional sums of money in the future, or deal with Chapter VII procedures. In this context, my country's government affirms that working with the United Nations Compensation Commission and your esteemed council has been a successful model for multilateral action, a model that enhances confidence in international mechanisms and procedures in settling the crises that have afflicted and afflicted our world until today, and through this international mechanism and out of respect Iraq has fulfilled its obligations under the relevant Security Council resolutions and fully assumed its responsibilities, Iraq continued to fulfill these obligations in full in accordance with the timetables and percentages approved by the Compensation Committee, despite the difficult circumstances that Iraq experienced in the previous years of bearing the burdens and economic costs of fighting terrorism and taking its role at the forefront of the countries of the world To address the terrorist gangs of ISIS and recover the cities from the organization’s control, the costs of the programs to return the internally displaced to their cities, the programs to restore stability, services, provide aid and reconstruction costs, which were accompanied by a significant decrease in the prices of oil salesGlobalism. In this regard, the Government of Iraq considers the full fulfillment of its international obligations towards the international community and the sisterly State of Kuwait, as a major development that would enhance Iraq's relations with its regional and international surroundings, as well as the Iraqi-Kuwaiti historical relations and move them to broad future horizons based on trust and equal bilateral relations. . Mr president ... Iraq has sought to complete this unique model of work, international effort and joint cooperation under the frameworks and mechanisms of the United Nations, through its full fulfillment of its international obligations, which in turn highlighted an international legal and moral commitment to the international community and the United Nations, which is to remove Iraq from all procedures of Chapter VII, and to preserve Iraq’s rights, funds and international legal entitlements, and its protection from any future claims within the framework of the international effort led by the United Nations, based on the Charter of the United Nations, the rules of international law and the general principles of international law in justice and equity, which enhances confidence in these UN mechanisms. This is what we were keen to confirm and defended hard to include it in the UN Security Council resolution in cooperation with the (British) pen holder and the rest of the Security Council members. As this international effort will not have completed its success until after Iraq's legitimate demands are embodied and included in the UN Security Council resolution. Mr. President... My country's government affirms, in light of the historical and legal vision that we have presented, that Iraq is looking forward in this regard and of great importance, for your esteemed council to assume its historical responsibilities, so that closing this file will reflect positively on Iraq in its regional and international relations, particularly with neighboring countries. The lesson is always with its conclusions, meaning that the success of the work is always measured by its conclusions, results, outputs and positive repercussions on peoples and countries. In conclusion... Allow me, Mr. President, to express our thanks and appreciation to you and the other members of the Council, and to the pen holder, the esteemed British mission, which engaged in intensive negotiating rounds with the Iraqi mission, and to all the friendly countries that provided support to my country to overcome this historical era that was Bitter for the peoples of the region, as well as our thanks and appreciation to the State of Kuwait, the leadership and people. We congratulate the Iraqi people and their government for the termination of these international obligations, and for Iraq’s exit from the procedures of Chapter VII, and we extend our thanks and pride to those in charge of Iraqi diplomacy, especially the permanent Iraqi mission in New York for its tireless efforts in negotiations to include Iraq’s legitimate demands in the resolution, wishing continued prosperity, prosperity and progress for the people of Iraq and the peoples of the region and the world. Thank you, Mr. President. https://www.ina.iq/149577--.html
  3. International Acclaim For Iraq’s Payment Of All Kuwait’s Compensation: An Internationally Unprecedented Measure 02/22/2022 Earth News/ During the Security Council session, today, Tuesday, Iraq received international acclaim over the payment of Kuwait's compensation, while representatives of countries affirmed that Iraq's payment of all compensation to Kuwait is an unprecedented measure in international law. The US delegate said during the Security Council session and followed by "Earth News", "Iraq has paid all the dues related to Kuwaiti compensation, and we appreciate its role in ending the compensation file and the work of the Compensation Committee will end." The delegate of France stressed during the session that "Iraq's payment of all compensation to Kuwait is an unprecedented measure under international law." For her part, the UAE delegate said during the Security Council session that "our position is consistent and is represented in supporting the unity and sovereignty of Iraq and Kuwait." And Mexico's delegate to the Security Council considered that "Iraq opens a new chapter in its history." https://earthiq.news/archives/33448
  4. Economist: The Decision To Reduce The Dollar Exchange Rate Is In The Hands Of The Central Bank Only 02/17/2022 204 Earth News/ The economic expert, Hammam Al-Shamaa, confirmed today, Thursday, that the decision to reduce the dollar exchange rate is exclusively in the hands of the Central Bank of Iraq according to the law, and no one is allowed to act on it. Al-Shammaa said in an interview with Earth News, "The decision to reduce the dollar exchange rate in the local markets is exclusively in the hands of the Central Bank of Iraq, according to the law, and no one may act on it without a decision from the bank." He added, "On the other hand, the tweet of the leader of the Sadrist movement, Muqtada al-Sadr, does not mean a return to the old price, as it is not permissible to reduce the exchange rate at the expense of the poor, as exchange rates must maintain their balance so that everyone maintains their standard of living without being hurt by the rise or decline.” And the economic expert continued, “What happened in the process of changing the exchange rate neglected the consequences of the change for low-income people and the levels of the general Iraqi people, and the government did not take adequate measures to compensate the poor for the poor living conditions they suffered as a result of the high prices of imported and local materials at rates up to 25%, and this is heavier their shoulders.” He continued, "Therefore, I think that Al-Sadr respects the laws and the powers of the Central Bank and estimates that returning the exchange rates to its previous era will lead to major economic problems." https://earthiq.news/archives/29792
  5. Al-Hilali: Parliamentary movement to return the exchange rate to its previous era political| 11:48 - 12/02/2022 Baghdad - Mawazine News , Member of Parliament, Ibtisam Al-Hilali, demanded, on Saturday, the government to return the dollar exchange rate to its old price, while stressing that the only victim is the poor citizen. Al-Hilali said in a statement that Mawazine News received a copy of it, that "there is a parliamentary movement soon towards returning the dollar exchange rate to its old price," adding that "other deputies within the same trend will not allow the exchange rate to remain high." Al-Hilali indicated that she and many members of the House of Representatives "pay great attention to the segment of the poor who have been affected by the rise in the dollar exchange rate." Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=184382
  6. The Central Bank reviews its development initiatives worth 15 trillion dinars Time: 12/22/2021 20:08:57 Reading: 2,275 times {Economic: Al Furat News} The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, stressed the importance of reviewing his development initiatives worth 15 trillion dinars. And the bank held a workshop in which it discussed its development initiatives under the title {Central Bank of Iraq’s initiatives, reality, challenges and ambitions}. The Governor stressed the fear in a speech in which he stressed "the importance of reviewing the development initiatives launched by the Central Bank, whose values exceeded more than (15) trillion dinars, as well as the importance of coordination with public finance in providing financial support that saved the country from a major crisis caused by the complex security and health crises that go through." For his part, the Secretary-General of the Council of Ministers stressed the importance of the initiatives of the Central Bank and the sectors they covered, and thanked the Central Bank management and its employees and the banking sector contributing to these initiatives. During the workshop, the most prominent indicators achieved by development initiatives and their positive effects, especially in the housing sector, were reviewed, as well as a number of presentations by the Industrial and Real Estate Bank and the Housing Fund, which were followed by discussions from the audience. The workshop was attended by a number of central bank officials, managers of government and private banks, and investors from the private sector. https://alforatnews.iq/news/البنك-المركزي-يراجع-مبادراته-التنموية-بقيمة-15-ترليون-دينار
  7. Legal eLegal expert: The expiry of Kuwait’s compensation has nothing to do with Iraq’s exit from Chapter VIIxpert: aq’s exit from Chapter I 2021-12-23 11:26 Legal expert: The expiry of Kuwait’s compensation has nothing to do with Iraq’s exit from Chapter VII Shafaq News/ Legal expert Tariq Harb confirmed today, Wednesday, that the payment of the last batch of Kuwait's compensation has nothing to do with Iraq's exit from Chapter VII. Harb told Shafaq News Agency, "Chapter VII was lifted several years ago, and what has now ended with regard to the debt committee that was based on Chapter VII by deducting sums from Iraq," noting that "Iraq after exiting Chapter VII was able throughout The past years of buying weapons and the process of trading in all things, and thus the completion of the payment of compensation, has nothing to do with Iraq's exit from Chapter VII. Harb added, "After it paid the last amount of $44 million, all compensation under Security Council Resolution 87 of 1991 ended," adding at the same time, that "these debts were not even applied under Chapter VII when payments were postponed in 2014 with The entry of ISIS and the drop in oil prices. The Central Bank had announced yesterday, Tuesday, the payment of the last batch of compensation to Kuwait amounting to (44) million US dollars, expressing the hope that the termination of the payment of compensation will contribute to removing Iraq from Chapter VII. Iraq had to deposit 5 percent of its export revenues from sales of oil, its products and gas, before reducing it to 3 percent in 2018 in a UN fund that was established under the name of the United Nations Compensation Fund. In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait. https://shafaq.com/ar/سیاسة/خبير-قانوني-لا-علاقة-بانتها-سداد-تعويضات-الكويت-بخروج-العراق-من-البند-السابع
  8. link https://yesiraq.com/الكويت-العراق-سدد-الدفعة-الاخيرة-من-ال/
  9. Kuwait: Iraq paid the last batch of compensation 3 months ahead of schedule Yes Iraq: Baghdad Kuwait announced that Iraq handed over the last batch of compensation amounting to 44 million dollars before its due date in the spring of next year. The Kuwaiti Al-Rai newspaper, quoting officials, reported that “Iraq paid the last payment of $44 million to complete the remaining $629 million for Kuwait, revealing that the amount returned from the deduction from oil sales amounted to about $585 million, and the remaining 44 million, so the Iraqi government decided to pay The remaining amount instead of waiting for the next quarterly withholding payment to be due, in the spring of 2022.” She added that "the Iraqi government wants to achieve two goals, the first is a message of friendly signal to Kuwait of its commitment to implement its commitments, and the second is to re-integrate the Iraqi banking system with the global banking system." She indicated that "the United Nations Compensation Committee will hand over to Kuwait the last batch of compensation owed to it from Iraq at the end of this month or the beginning of next January at the latest, indicating that the committee will meet next February to issue its own report that Iraq has fulfilled all its obligations in terms of paying the prescribed compensation claims. It is complete for Kuwait. In accordance with Security Council resolutions, the percentage deducted from the proceeds of export sales of oil and its products was 5% in 2003, then it decreased to 0.5% in 2018, and then rose to 1.5% in 2019, to stabilize since 2020 at 3%. In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait. On November 21, 2021, the Central Bank announced the payment of the last batch of compensation to Kuwait amounting to (44) million US dollars, expressing the hope that the termination of the payment of compensation would contribute to removing Iraq from Chapter VII.
  10. For this reason.. Kuwait: Iraq handed over the last batch of compensation before it was due THURSDAY, 12-23-2021,PM 12:27 KARAR AL ASADI http://non14.net/public/images/large/8-1640251654.jpg Kuwait announced that Iraq handed over the last batch of compensation amounting to 44 million dollars before it was due. The Kuwaiti Al-Rai newspaper, quoting officials, stated that "Iraq paid the last payment of $44 million to complete the remaining $629 million for Kuwait," revealing that "the amount returned from the deduction from oil sales, amounted to about $585 million, and the remaining 44 million, so the Iraqi government decided Pay the remaining amount rather than wait until the next quarterly withholding payment is due, in the spring of 2022.” She added that "the Iraqi government wants to achieve two goals, the first is a message of friendly signal to Kuwait of its commitment to implement its commitments, and the second is to re-integrate the Iraqi banking system with the global banking system." She indicated that "the United Nations Compensation Committee will hand over to Kuwait the last batch of compensation owed to it from Iraq at the end of this month or the beginning of next January at the latest," noting that "the committee will meet next February to issue its own report that Iraq has fulfilled all its obligations in terms of payment." The compensation claims imposed on him are in full to Kuwait. In accordance with Security Council resolutions, the percentage deducted from the proceeds of export sales of oil and its products was 5% in 2003, then it decreased to 0.5% in 2018, and then rose to 1.5% in 2019, to stabilize since 2020 at 3%. In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait. On November 21, 2021, the Central Bank announced the payment of the last batch of compensation to Kuwait amounting to (44) million US dollars, expressing the hope that the termination of the payment of compensation would contribute to removing Iraq from Chapter VII. http://non14.net/public/142894
  11. After 31 years.. Iraq closes the most prominent outstanding issues with Kuwait Time: 12/21/2021 20:28:19 Reading: 2,756 times {Political: Al Furat News} Iraq has completed paying the compensation amounts allocated to the State of Kuwait for the losses of the Saddam's invasion of the neighboring country in 1990, at a value of 44 million US dollars. The Central Bank of Iraq stated: "The payment of the last remaining payment of $44 million in compensation from the State of Kuwait has been completed, and thus Iraq has completed the payment of the full compensation amounts approved by the United Nations Compensation Committee." The bank's statement today, Tuesday, said: "It is hoped that ending the payment of compensation will contribute to the re-integration of the Iraqi banking system into the global banking system." Thus, Iraq paid 52.2 billion dollars to compensate for the destruction caused by its invasion of Kuwait to the Kuwaiti infrastructure and the losses it caused to Kuwaiti citizens and foreigners as a result of the Saddamist invasion. https://alforatnews.iq/news/بعد-31-عاماً-العراق-يغلق-أبرز-الملفات-العالقة-مع-الكويت
  12. Iraq announces the final closure of the Kuwaiti compensation page Economy News _ Baghdad The Central Bank of Iraq announced, on Wednesday, the completion of the last remaining installment of Kuwait's compensation, amounting to 44 million dollars. The bank said in a statement received by "Al-Iqtisad News", that "the payment of the last remaining installment of the State of Kuwait's compensation amounting to $44 million has been completed." He continued by saying, "With this, Iraq will have completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution (687) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait." He added, "It is hoped that ending the payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on reintegrating the Iraqi banking system into the global banking system and benefiting from the financial abundance that will be achieved." In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait. Iraq had stopped making payments between 2015 and 2017 during the war on the terrorist "ISIS", which controlled a third of the country, but it resumed in 2018. Iraq was paying the amount of compensation to a UN fund established under the name of the United Nations Compensation Fund, through a percentage of oil sales. Views 534 Date Added 12/22/2021 https://economy-news.net/content.php?id=27003
  13. Economist to / NINA /: Ending Kuwait's debt file will contribute to reconsidering Iraq's credit rating and its exit from Chapter VII Monday 13 December 2021 11:01 | Baghdad / NINA / - An expert in economic affairs, Safwan Qusay, confirmed that the decision to end Kuwait's debt file will contribute to reconsidering Iraq's credit rating and allowing Iraq to exit the sanctions imposed on it in accordance with Chapter VII. Qusay said in a statement to the National Iraqi News Agency ( NINA 😞 "It has become clear that Iraq is moving towards clearing the debts of the first Gulf War by paying the last installment of 600 million US dollars, after it succeeded in paying more than 50 billion US dollars incurred as a result of the occupation of Kuwait." And what followed,” noting: “This will contribute to reconsidering Iraq’s credit rating and allowing it to get out of the sanctions imposed on it in accordance with Chapter VII.” He added, "However, the financial liberalization of Iraq's money should focus on the continuation of the American protection system for these funds, because raising the American protection system will enable Iraq's creditors to seize these funds." Qusay stressed the financial policy maker in Iraq to invest in this situation in favor of activating the decisions of the Kuwait Conference in support of the rehabilitation of Iraq by supporting Gulf investments and supporting international guarantees in favor of investment growth in Iraq. He continued, "This approach can restore confidence in Iraq's financial ability and free 3% of Iraq's oil revenues to finance the Iraq Sovereign Fund, which will represent the new window to support investment and establish infrastructure in Iraq." And the Central Bank of Iraq announced last Thursday that it had ended the necessary banking arrangements with the US Federal Reserve to stop the automatic deduction of Kuwait's compensation from Iraqi crude oil export revenues. And he confirmed, in a brief statement, the possibility of paying the remaining amount of compensation in full before the end of the current year 2021 to end this file./End 8 https://ninanews.com/Website/News/Details?Key=944525
  14. Iraq leaves “Chapter VII” in early 2022 and an urgent step for the US Federal regarding Kuwait’s compensation Time: 12/09/2021 {Political: Al Furat News} The Chairman of the Committee of Financial Experts, Abdul Basit Turki, expected that, at the beginning of next year 2022, Iraq will get rid of the risk of falling under Chapter VII of the Charter of the United Nations after fulfilling its financial obligations related to compensating the State of Kuwait for the losses it incurred as a result of the regime’s invasion. Saddam Hussein in August 1990. According to Turki, whose committee oversees the Iraqi funds derived from the production and export of oil and petroleum products and deposited in a sub-account with the Federal Reserve Bank in New York, "The Central Bank of Iraq will pay the entire remaining amount of compensation directly, after stopping the automatic deduction." In a press statement, Turki called for "the move of the Ministry of Foreign Affairs and the concerned authorities to urge the formulation of a draft resolution that includes removing Iraq from the provisions of Chapter VII of the Charter of the United Nations completely." The Iraqi government intends to pay the last batch of compensation for the Kuwait war, before the end of this year, after depositing, the day before yesterday, Tuesday, more than 207 million US dollars, with the US Federal Reserve; As a prelude to removing Iraq from Chapter VII. Turki explained that the Federal Reserve, two days ago, specifically hours after paying the penultimate payment, stopped the “automatic deduction” from the account of the Iraqi Ministry of Finance with it, in the interest of the Kuwait War Compensation Fund, following a request made by the Central Bank of Iraq. He noted the need for the forthcoming decision to provide for "protecting Iraq from any claims related to the Kuwait war compensation, whether it is individual claims or filing lawsuits related to compensation," calling for "the cancellation of all decisions that resulted from the Kuwait war." The UN Compensation Committee was formed in 1991, obligated Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others who incurred losses resulting directly from the invasion of Kuwait. Iraq stopped making payments in 2014 during the war on ISIS terrorist gangs that controlled large parts of the country, but it resumed payments in 2018. https://alforatnews.iq/news/العراق-يغادر-الفصل-السابع-مطلع-2022-وخطوة-عاجلة-للفيدرالي-الأمريكي-بشأن-تعويضات-الكويت
  15. Central bank sales of hard currency are rising again Economie| 01:13 - 12/07/2021 Baghdad - Mawazine News, the Central Bank of Iraq's sales of hard currency, on Monday, rose again. Today, the Central Bank auction for the sale and purchase of foreign currencies witnessed an increase in its sales by 8.13%, to reach 226 million, and 735 thousand and 591 dollars, which it covered at a base exchange rate of 1460 dinars per dollar. The purchases amounting to 169 million and 745 thousand and 591 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 56 million and 990 dollars went in cash. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=160240
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