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Parliamentary Foreign Affairs: Trump is wanted by the Iraqi judiciary, but the country's interest comes first 2024-11-06 03:13 Shafaq News/ The Foreign Relations Committee in the Iraqi Parliament revealed, on Wednesday, how Iraq dealt with Donald Trump after his victory in the US presidential elections, with an arrest warrant issued against him by the country's Supreme Judicial Council on charges of assassinating Qassem Soleimani and Abu Mahdi al-Muhandis. Committee member Mukhtar al-Moussawi told Shafaq News Agency, "Trump is a criminal for Iraq and according to Iraqi laws, but Iraq will deal with him normally, as there is an interest for Iraq in that, and Trump's arrival to the White House will not affect relations between Baghdad and Washington," noting that "America is a state of institutions and is not greatly affected by presidents in important foreign dealings." Al-Moussawi, a representative of the Coordination Framework, added that "Trump does not recognize the Iraqi government and does not respect the authorities in Iraq," noting that "his visit to Iraq during his previous term was limited to visiting his soldiers at the Ain al-Assad base in Anbar Governorate, but Iraq will deal with Trump normally." The member of the Parliamentary Foreign Relations Committee concluded that "if Trump visits Iraq during the next stage, there will be difficulty in executing the arrest warrant against him, as there is an interest for the Iraqi state that comes before all other interests, as it prevents any real implementation of that warrant against Trump." It is noteworthy that Iraqi Prime Minister Mohammed Shia al-Sudani had strongly attacked the administration of former US President Donald Trump, during a speech he gave at a memorial ceremony held in Baghdad in 2023 on the anniversary of the assassination of former Iranian Quds Force commander Qassem Soleimani and deputy head of the Popular Mobilization Authority Abu Mahdi al-Muhandis in an airstrike near Baghdad International Airport in early 2020. The head of the Supreme Judicial Council in Iraq, Faiq Zidane, also announced the issuance of arrest warrants against Trump over the orders he issued to kill Soleimani and Al-Muhandis. https://shafaq.com/ar/سیاسة/الخارجية-النيابية-ترامب-مطلوب-للقضا-العراقي-لكن-مصلحة-العراق-ولى

2025 Strong national economy and sound banks Articles ir Al-Nusairi In an important presentation before the MERI Conference on Economic, Financial and Banking Reform, the Governor of the Central Bank, Mr. Ali Mohsen Al-Alaq, explained the indicators of the recovery of our national economy and the major transformations in the structure of government and private banks achieved in 2023 and 2024 and expected in 2025. These are standard indicators that are relied upon to evaluate the strength of the economy and the soundness of the banking sector. The most prominent of these indicators are the sufficiency of foreign cash reserves, the local currency issued, the inflation rate and the external debt, while emphasizing that the objectives of the monetary policy of the Central Bank stipulated in its applicable law are to achieve economic growth and stability, and that one of its main objectives is to achieve stability in the financial and monetary system, reduce inflation rates and stabilize the prices of goods and services in extremely complex economic, security and political conditions that Iraq suffered from in 2023 and 2024 and that the world is currently going through, especially the countries of the geographical region, which our country is negatively and positively affected by. These conditions have been suffered by our economy for decades, and the reason is the rentier economy and the dependence of 95% of the general budget revenues on oil, which constitutes approximately 60% of the gross domestic product. The government is making clear efforts to revolutionize the active economic sectors, namely agriculture, industry, tourism, customs and tax services fees, and to increase their share in the general budget revenues to 20%. The low contribution of these sectors to the gross domestic product has led to the absence of local production that covers the consumption needs of citizens for food and other basic materials. Therefore, there was almost complete dependence on imports for the private commercial sector from different sources. Successive governments were unable to control internal trade and regulate foreign trade, and the weak control over illegal trade and unofficial border crossings, which led to the impact on the monetary and commercial market. Therefore, this indicator was the most prominent challenge facing monetary policy and directly affected the stability of the exchange rate, which led the Central Bank to take many measures in cooperation with the government to regulate foreign trade, control foreign transfers, regularity in the global financial and banking system, compliance with international standards, digital transformation in the banking sector, and work on preparing and launching its new strategy for banking reform and classification in all its basic links at the level of internal and external banking transactions, the most prominent of which is securing the US dollar for major and registered traders and for every trader, regardless of his classification, at the official price exclusively through the electronic platform. This was achieved through analyzing the indicators of the annual inflation rate, which amounted to 3.8% after it was 4.4%, and by comparing it with the annual inflation rates of regional and neighboring countries. Inflation rates in most of these countries reached very high rates, reaching 80.2% in Turkey, 117.4% in Sudan, 40.0% in Iran, and in the Maghreb countries with relative economic stability in Tunisia 9.3%, Algeria 9.0%, Morocco 5.0%, and in Egypt 37.4%, and in the Gulf countries with stable and oil-rich economies, they ranged between 2.4% and 4.8%. This confirms, without a doubt, that the strategy of the Central Bank and its procedures during the years 2023 and 2024 achieved one of the basic objectives of monetary policy, which is to reduce the inflation rate and maintain the general level of prices of goods and services. It is currently working to achieve other objectives, which are the stability of the exchange rate and maintaining a foreign reserve that covers the local currency in circulation and imports, which exceeded $100 billion, with a sufficiency of 140%, which covers the local currency in circulation. Therefore, the economic results and outputs confirm that the policies and procedures undertaken by the Central Bank in cooperation with the government have achieved an important objective of monetary policy, to achieve stability in the monetary system, which is an important step in achieving the other objectives of monetary policy. It must be noted that one of the most prominent indicators of the strength and recovery of our economy is what the International Monetary Fund recently predicted, that the expected economic growth rate in 2025 will be 5.3%, while it contracted by 2.2% in 2022. The expected rate is higher than the growth rates in Morocco, Kuwait, Bahrain, Oman, Algeria, Jordan and Qatar. It is an indicator of the strength of our economy and is an inevitable result of the economic and financial reform programs implemented by the government and the Central Bank since 2023. 50 views Added 2024/11/06 - 12:30 PM https://economy-news.net/content.php?id=49540

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Imports and dependence on oil are obstacles to Iraq’s accession to the World Trade Organization Economic 2024/11/03 Baghdad: The pillar of the emirate Membership in the World Trade Organization allows access to international trade policies. Despite the economic policies that Iraq has adopted over the past two decades in terms of international openness and the pursuit of establishing modern economic and legislative rules, attempts to obtain a seat in the World Trade Organization have not succeeded so far, noting that Iraq obtained observer status in the organization in 2004. The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Salih, said: The Iraqi economy lacks regulatory and supervisory regulations in the scope of trade relations and international requirements according to internationally approved standards. Supporters of joining the World Trade Organization believe that this path allows member states of the organization to have broader access to global markets, while membership in the World Trade Organization guarantees access to international trade policies. Salih indicated that there is a lack of some important economic legislation, especially those related to the rights of workers in the private sector, the field of social security and trade union organization. He referred to the existence of two restrictions that weaken Iraq's role in the international organization: the first is that Iraq is an importing country and does not have the competitive ability to export, and the second is the almost total dependence on oil. For his part, academic Dr. Amr Hesham explained that supporters of joining the World Trade Organization have a number of reasons that encourage joining, including that international trade agreements provide broader vital access to global markets in the areas of goods and services, and the agreements and their rules create a commercial climate that allows for a reasonable degree of commercial forecasting, thus achieving the goal of preparing marketing and export plans. He explained that trade agreements include obligations and rights, and the exercise of the rights contained in the agreements is limited to member states in the region and no one else, and resorting to the Trade Dispute Settlement Body imposes seriousness in applying the rules to all parties with the existence of a special mechanism to take punitive measures in the event of non-implementation. Hesham pointed out that membership in the World Trade Organization guarantees access to other trade policies, and the procedures they include that may affect access to markets, and the extent of their consistency with international agreements, and participation in future negotiations in a way that ensures the defense of commercial interests that concern those countries, and the formulation of new agreements approved by ministerial meetings. The World Trade Organization (WTO): An intergovernmental organization that regulates and facilitates international trade among nations. Governments use the organization to establish, review, and enforce the rules governing international trade. The organization formally began operations on January 1, 1995, under the Marrakesh Agreement, replacing the GATT of 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 98 percent of world trade and global gross domestic product. https://alsabaah.iq/105164-.html

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Central Bank Governor: We will not reduce the dollar exchange rate now Time: 2024/08/04 15:22:32 Reading: 364 times {Economic: Al Furat News} Member of the Parliamentary Finance Committee, Ikhlas Al Dulaimi, confirmed that the Governor of the Central Bank, Ali Al Alaq, confirmed that “there will not be a move to reduce the dollar exchange rate at the present time.” Al-Dulaimi said in a press statement that "the dollar price has stabilized somewhat, and it may rise and fall within certain limits," indicating: "We will not currently go to reduce the dollar price, as the governor of the Central Bank said, considering that there are other measures that have not been taken." She warned that "the recent security repercussions and the problems between Iran and America may have repercussions on some banks and the dollar price." She explained that "the Ministry of Finance is demanding funding, and the issue has not been resolved yet, and this is one of the reasons for hosting the governor of the Central Bank today, as there were answers and other answers will be sent soon." Today, Sunday, the Parliamentary Finance Committee hosted the Governor of the Central Bank to follow up on the exchange rate file, the Real Estate Bank initiative, the auction file, and foreign trade financing. It is noteworthy that the dollar exchange rate in the parallel market is about 1490 dinars, while the Central Bank of Iraq sells the dollar at the official price of 1320 dinars. https://alforatnews.iq/news/محافظ-البنك-المركزي-لن-نذهب-الى-خفض-صرف-الدولار-حالياً

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utube at link Secret Service rushes Trump off stage after popping noises heard at his Pennsylvania rally The former president is expected to survive, two law enforcement officials said, and held up his fist to the crowd as agents moved Trump into a vehicle. Watch: Trump rushed off stage by Secret Service after shots fired at rally 03:27 July 13, 2024, 5:27 PM CDT / Updated July 13, 2024, 5:46 PM CDT By Amanda Terkel and Megan Lebowitz Former President Donald Trump was rushed off the stage just minutes into his rally in Butler, Pa., on Saturday, after loud noises that sounded like gunshots were heard. Trump is expected to survive, according to two senior law enforcement officials briefed on the matter. He had blood on the side of his head and his ear. Trump was speaking when he reached for the side of his face as popping sounds rang out over the rally. He then crouched down as Secret Service agents rushed the stage and surrounded him. He was quickly escorted into a vehicle, walking off the stage with agents on all sides. Screams from the audience rang out as the scene unfolded. Donald Trump is surrounded by U.S. Secret Service agents at a campaign rally in Butler, Pa., on Saturday, July 13, 2024.Evan Vucci / AP President Joe Biden, who is in Delaware for the weekend, has been briefed on the situation, according to a senior White House official. The Biden campaign is aware of the situation and monitoring it, a senior spokesperson tells NBC News. Politicians began posting to social media that they were praying for Trump in the minutes after the incident unfolded. https://www.nbcnews.com/politics/donald-trump/secret-service-rushes-trump-stage-shots-fired-pennsylvania-rally-rcna161735

TRUMP Gunshots reportedly fired at Donald Trump rally - as former president rushed off stage appears to be shot on right side of head estimated 8 shots Donald Trump was giving a speech in Pennsylvania when he appeared to fall to the ground - at which point he was surrounded by armed security staff. Saturday 13 July 2024 23:22, UK Gunshots have reportedly been fired at Donald Trump's rally in Pennsylvania, with the former president rushed off-stage by security staff. Trump appeared to fall to the ground as he was giving a speech. He was quickly surrounded by armed security and stayed down for around a minute. What is Outbrain He then rose to his feet and pumped his fist in the air, before being escorted off stage and into a vehicle. He was then driven away from the scene. Video appeared to show blood on his ear as he was taken away. The former president appeared to be clutching the side of his head as he fell to the ground. Republican senator for Ohio, J.D Vance, said in a post on the X social media platform: "Everyone join me in praying for our President Trump and everyone at that rally. I hope everyone is ok." US President Joe Biden said he was not briefed on the reported shooting, speaking to reporters as he walked out of church in Delaware. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow @SkyNews on X or subscribe https://news.sky.com/story/shots-fired-at-donald-trump-rally-as-former-president-rushed-off-stage-13177651

Supreme Court Bombshell After Trump Verdict - Bragg Is Done