|
Search the Community
Showing results for tags 'parliament.'.
-
Here's some articles of Dinarian interests... The top story is: Al-Zaidi To US: A Partnership Of Equals To Finance Productive Projects. Treat as rumors. Not verified. Your opine. TNT via Tishwash: The Iraqi Parliament Will Resume Its Work At The Beginning Of July, With The Cabinet Reshuffle On The Agenda. ARTICLE: MP Duha al-Sadkhan, from the “National Approach” bloc, revealed the date for the start of the 2nd legislative session of the House of Representatives, confirming that the Parliament’s leadership will determine during the month of July a date for the resumption of sessions, including a session to complete the vote on the Ministerial Cabinet. Al-Sadkhan said that the House of Representatives' legislative recess will end next week, with the 2nd legislative session beginning on July 1st. She added that the Speaker of the House of Representatives will set the date for the 1st session after the start of the new legislative term, noting that the agenda will include readings from the Koran & discussing a number of draft laws, while other laws need to be voted on within the council. She indicated that the parliament's leadership will determine, during the 2nd or3rd week of July, a date for holding a session to complete the vote on the Cabinet. News: The resumption of the House of Representatives' work comes amid anticipation of discussing & approving a number of important & postponed laws, as Al-Sadkhan had previously confirmed the existence of more than 100 draft laws in the halls of parliament, distributed between laws that need to be read & discussed & others that are waiting for amendment or voting. According to Al-Sadkhan, the new legislative session is expected to witness the discussion & voting on a number of prominent pieces of legislation, most notably the Oil & Gas Law, the Popular Mobilization Forces Law, the Federal Court Law, the Federal Civil Service Council Law, the Retirement Law & the Salary Scale Law. The First Deputy Speaker of Parliament, Adnan Faihan, had previously confirmed that there was parliamentary activity to proceed with the legislation of a number of important & delayed laws, most notably the Oil & Gas Law, the Popular Mobilization Forces Law, & the Federal Civil Service Law. These laws are among the most prominent legislative files postponed during recent parliamentary sessions, especially the Oil & Gas Law, which is still subject to disputes regarding the management of natural resources & the distribution of revenues between the federal government, the Kurdistan Region & the oil-producing governorates. Tishwash: Iraq Enters The Era Of Space Communications & "Starlink" Is The Latest Fruit Of The Technological Openness Led By The Al-Zaidi Government. ARTICLE: After years of discussing digital infrastructure modernization & attracting global technology companies, PM Ali al-Zubaidi's government has achieved a new breakthrough in the telecommunications sector by finalizing the procedures for bringing Starlink service to Iraq. Experts view this as part of a broader strategy adopted by the government to develop digital infrastructure, promote technological transformation & open the Iraqi market to global investments in a sector closely linked to economic development & modern services. Arabs & Middle Easterners: American billionaire Elon Musk recently announced the launch of Starlink satellite internet service in Iraq following the official approval of its operating license. This opens the door to a new era of high-speed communication services & reflects the success of the government's efforts to attract global technology companies & modernize the country's digital infrastructure. Musk stated in a post on the X platform that Iraq had approved the Starlink operating license, paving the way for the launch of satellite internet services within the country. PM Ali al-Zubaidi & US Special Envoy to Iraq Tom Barrack welcomed the license approval, indicating the project's importance to Iraq & its int'l partners. Following directives from PM Ali al-Zaidi, the past period witnessed intensive government meetings & discussions regarding the company's operational mechanisms within Iraq & the requirements for granting a license. This aligns with the government's strategy to attract global technology companies & expand internet service options for citizens. Starlink's entry represents a strategic development for the Iraqi telecommunications sector, as the service provides internet access to remote, border & desert areas that have suffered for years from weak traditional infrastructure. Furthermore, it offers higher connection speeds & greater service stability compared to many currently available alternatives. This development comes after months of government initiatives & technical discussions led by relevant telecommunications sector stakeholders, within a broader approach adopted by al-Zaidi's government to promote digital transformation & attract global technology investments, in parallel with programs to develop electronic infrastructure & expand the scope of government digital services. Experts believe that the entry of the giant American company represents a new message of confidence in the Iraqi investment environment, especially since Starlink is one of the largest satellite internet projects in the world & operates in dozens of countries through a wide network of low-orbit satellites. The project’s benefits are not limited to improving internet services for citizens, but extend to supporting the economic, educational, health & security sectors, by providing more stable communications for government institutions, companies & investment projects, as well as supporting e-government & digital transformation projects that Baghdad seeks to accelerate in the coming years. Technology expert Nawras Aref said that “Starlink’s entry into Iraq represents an important step towards modernizing the communications sector & raising the efficiency of digital services, especially as the world is rapidly moving towards relying on smart infrastructure & high-speed sustainable connectivity.” Aref added to Iraq Observer that “Iraq needs such advanced services because they give users super speeds & internet access in areas that are difficult to cover with traditional terrestrial networks & they also provide future solutions that support e-learning, digital commerce & smart government services.” He explained that “the presence of global companies the size of Starlink within the Iraqi market will create a positive competitive environment that will drive the development of local services & raise quality levels, as well as enhance Iraq’s attractiveness to int'l technology investments.” In keeping with global trends, experts confirm that the government's success in completing the licensing procedures reflects a clear desire to keep pace with global technological advancements, especially given the growing need for a modern communications infrastructure capable of supporting the demands of the digital economy, foreign investment, artificial intelligence projects & cloud services. As the official launch of the service approaches, Iraqis anticipate a new era of internet services, with expectations that Starlink's entry will help bridge the digital divide between cities & remote areas & open broader horizons for the digital economy & the technological transformation that the government seeks to establish within its development vision for the coming years. Tishwash: Will The "Programs & Performance" Budget Succeed In Converting Funds Into Services? ARTICLE: Specialists & experts have confirmed that the program & performance Budget the government is moving towards implementing represents a significant shift in public spending management. However, it faces implementation challenges related to the readiness of ministries, the efficiency of monitoring & the ability of institutions to translate financial allocations into tangible services for citizens. The PM's financial advisor, Mazhar Muhammad Salih, told Al-Mada that the government is proceeding with the implementation of the program & Performance Budget, which links financial allocations to measurable performance indicators & results within state institutions. This aims to improve spending efficiency & direct resources towards the most effective programs. He explained that the new system enhances transparency and financial governance & raises the level of accountability, which could lead to improved public services. However, he also pointed to challenges related to the varying levels of readiness among ministries, weak institutions & information infrastructure, the need to develop monitoring systems & build administrative capacity. For her part, Suad al-Maliki, a former member of the Parliamentary Strategic Planning Committee, warned in an interview with Al-Mada against proceeding with a program-based budget for 2027 without evaluating the results of the current budgets. She emphasized the success of the experiment hinges on the government's ability to effectively implement the 2025 & 2026 Budgets. She explained that the delays in the 2025 Budget schedules & the lack of clarity regarding implementation results raise questions about the readiness for the transition to the new system. She added that the success of this transformation requires political will & coordination between the executive & legislative branches, along with the adoption of transparent standards & each ministry accurately identifying its needs before auditing by central authorities. She noted that the transitional phase may witness gaps due to administrative changes. Similarly, economic expert Duraid al-Anzi believes that the success of a program-based Budget is not linked to changing its name or form, but rather to the state's ability to implement & monitor it. Speaking to Al-Mada, he said that the fundamental problem lies not in preparing the Budgets, but in converting funds into actual projects & services, warning against the continuation of stalled projects that hinder the achievement of results. He added that weak executive efficiency & the absence of integrated economic planning lead to continued waste & a diminished impact of public spending, stressing that genuine reform begins with improving management before increasing allocations. Al-Anzi pointed out that building an effective economic planning system requires extensive institutional reform that will extend over several years, potentially up to ten, to achieve comprehensive sustainable development. He believes the greatest challenge lies in implementation, not in the plans themselves. While the government is banking on program & performance budgeting to reorganize public spending & link it to results, the real test remains the ability of state institutions to translate allocations into tangible services that citizens can actually experience. Tishwash: Al-Zaidi To Washington: A Partnership Of Equals To Finance Productive Projects. ARTICLE: All eyes are on the upcoming visit of PM Ali Faleh al-Zaidi to the US as a pivotal economic milestone, given the regional & international changes taking place in the region & the need to reformulate economic relations between Baghdad & Washington on new & viable foundations based on investment, production & technology transfer, moving beyond just security & oil issues. Experts believe that the success of the visit scheduled for the middle of next month depends on turning it into a platform for launching strategic projects & feasible economic agreements that contribute to diversifying the Iraqi economy, improving the investment environment & enhancing raq’s position as a regional & int'l economic partner. Comprehensive vision: Amer Al-Jawahiri, an advisor on development & investment, said that the importance of the visit comes after the peace agreements witnessed in the region & the accompanying comprehensive vision to strengthen economic relations between its countries, which opens the door for the participation of international companies in major reconstruction & development projects, including Iraqi projects. Al-Jawahiri explained in an interview with Al-Sabah that Iraq faces major challenges, including the delay in implementing steps to diversify the economy & invest its natural resources, in addition to the large size of projects whose implementation requires a long-term government program to which successive governments are committed. He pointed out that addressing the electricity crisis represents one of the most prominent economic tests for the government, in light of the escalating financial obligations & concerns about the inadequacy of oil revenues to cover operational expenses & finance strategic projects. Visit files: Al-Jawahiri stressed that the current stage requires unifying the economic vision among all concerned parties, calling for the Ministerial Council for the economy to hold periodic sessions with specialists from outside government institutions & economic advisors to benefit from their expertise in preparing visit files, as well as drawing up the paths of the economic program for Iraq during the next stage. He pointed out the need for the visit to include presenting specific economic files to the American side, foremost among them addressing the restrictions imposed on a number of Iraqi banks & increasing flexibility in dealing with the US Federal Reserve, which would positively affect the financial sector & the movement of trade transfers. He stressed the importance of attracting direct American investments or implementing projects in partnership between the Iraqi government & the private sector, according to the model of joint-stock companies with the possibility of offering their shares to finance & operate the projects. Investment opportunities: He pointed out that Iraq has a number of major investment opportunities, including the Al-Nibras Petrochemical Project, nitrogen fertilizer projects in Basra & Baiji, phosphate fertilizers in Al-Qaim-Akashat, the silica manufacturing project in Anbar & the extraction & manufacturing of sulfur in Nineveh. He noted that one of the important files is also involving American companies in implementing the Development Road project, which includes railway lines, industrial cities & production projects aimed at meeting the needs of the local market & boosting exports. Al-Jawahiri proposed the idea of establishing an Iraqi-American financial investment fund, financed by a portion of Iraqi oil exports to the US to be allocated to financing well-studied productive projects that achieve sustainable economic returns. He stressed that the success of this initiative depends on the existence of a clear program & efficient management mechanisms that ensure the actual implementation of the projects. He emphasized that the success of any economic understandings requires taking practical steps to improve the business & investment environment through continuous consultation with the Private Sector Development Council & holding a weekly roundtable that includes specialists & those concerned with the economy & business inside & outside government institutions, in order to give the Iraqi delegation a comprehensive vision that can be presented during its meetings in Washington. He also stressed the importance of stimulating competition among countries & int'l companies wishing to invest in Iraq, in order to ensure the best offers & the maximum benefit from the available economic potential. Comprehensive Economic Partnership: For his part, financial expert Dr. Nabil Al-Abadi stressed that the visit should not be viewed as a passing diplomatic event, but rather as an economic necessity imposed by the nature of the stage that Iraq is going through, noting that the relationship with the US has remained for years within the framework of oil & security, while the current stage provides an opportunity to move towards a broader comprehensive economic partnership. Al-Abadi told Al-Sabah: “Iraq is not just a source of oil, but it possesses the potential to be a promising market for investments & modern technology, as well as being an important arena for reconstruction & an active partner in supporting the stability of global energy markets.” He added that the visit represents a practical opportunity to implement the concept of “oil for technology and investment” by attracting major American companies to invest in advanced petrochemical industries, associated gas investment & renewable energy, which are sectors that would add value to the national economy, support the path of economic diversification & reduce dependence on oil revenues. Financial & Banking Sector: Al-Abadi pointed out that the most prominent challenge facing the Iraqi economy is the reality of the financial & banking sector & the challenges it faces related to financial compliance & combating money laundering, which makes it necessary to take advantage of the visit to conduct a direct dialogue with the UST Department & the Federal Reserve with the aim of establishing a safe financial corridor that ensures the smooth flow of financial transfers, enhances the stability of the ER & raises the level of confidence of int'l investors in the Iraqi market. He stressed that Iraq is not looking for aid or grants, but rather for a strategic economic partnership based on common interests, indicating that the success of the visit should be measured by the practical results it achieves, represented in the signing of investment agreements & the launching of projects in the fields of gas, agriculture, industry & infrastructure, in addition to putting in place clear implementation & follow-up mechanisms that ensure that understandings are transformed into real projects that contribute to building a more diversified & productive Iraqi economy.
-
Here's some articles of Dinarian intetrests... The top story: -US sanctions 9 members of Parliament over terrorist activities. Treat as rumors. Not verified. Your opine. TNT via Tishwash: Masrour Barzani Will Be In Baghdad Next Week To Discuss The Electricity & Oil Files. ARTICLE: Kurdistan Regional Government PM Masrour Barzani will head to Baghdad next week, leading a high-level delegation, for a series of talks with the federal government on the electricity & oil sectors. Aziz Ahmed, Deputy Director of the PM's Office, stated in a post on the "X" platform that the regional government will present its successful "Ronaki - Electricity" project, which aims to provide 24-hour electricity, during the visit. He emphasized that the delegation will offer technical support to the new Iraqi government to accelerate reforms in the electricity sector across the country. He added that "the PM will also address the issue of security guarantees necessary to enable oil & gas companies to resume production & export operations, noting that the ongoing drone threats make it difficult for these companies to continue their work." Tishwash: Government advisor: The Ministry Of Finance Is Preparing A 3-Year Emergency Plan To Boost Revenues. ARTICLE: The PM’s financial advisor, Mazhar Muhammad Salih, revealed on Friday five options to address the shortfall in financial revenues & restructure the Iraqi economy, in light of the challenges resulting from the decline in oil exports & the closure of the Strait of Hormuz, while indicating that the Ministry of Finance is moving towards preparing a 3-year emergency plan to boost revenues. Saleh said that "Iraq is facing a financial gap estimated at about $9.5 billion per month as a result of the decline in oil exports," noting that "the Ministry of Finance is moving towards preparing a 3-pronged emergency plan that includes internal & external borrowing, in addition to measures to maximize non-oil revenues through taxes, fees & financial reforms." He explained that “domestic borrowing is a quick solution to cover salaries & operational obligations, but it may lead to a withdrawal of liquidity from banks, an increase in the cost of local financing & a weakening of private sector financing, while external borrowing provides liquidity in Dollars & maintains relative monetary stability, but it is linked to reform conditions & an increase in debt service burdens.” He added that “maximizing non-oil revenues is the most strategic option in the medium & long term, through controlling border crossings & customs, automating the tax system, reducing the informal economy & improving collection without harming economic activity,” noting that “implementing the Government Financial Management Information System (IFMIS) contributes to strengthening financial oversight, reducing waste and corruption & raising the efficiency of public spending management.” Saleh stressed that “reforming the banking sector, especially Rafidain & Rasheed banks, is necessary to develop development finance, digital & credit services, as well as the importance of reforming private banks to achieve financial inclusion, support small & medium enterprises & attract investments.” He explained that “activating the Public-Private Partnership Law would alleviate pressure on the General Budget & create new job opportunities, provided that a stable legal environment, investment guarantees & combating administrative corruption are provided,” stressing that “any emergency plan will not succeed without real financial reform that includes controlling operational spending, reducing waste in government contracts & adopting spending priorities linked to production & development.” Saleh explained that "the current crisis represents a real test for the structure of the Iraqi economy, which is dependent on oil," stressing that "accelerating financial and banking reforms and diversifying the economy will enhance the state's ability to cope with geopolitical & economic shocks." Tishwash: The USD: Can Washington Guarantee Its Continued Flow Into Iraq Under al-Zaidi's Rule? ARTICLE: The USD has returned to the forefront of political debate, with assurances that Washington will not stop the flow of currency to Iraq during Ali al-Zaidi's government, amid talk of trade & financial ties that make it difficult to impose financial restrictions that could threaten Iraqi economic stability. Political analyst Adel Al-Manea confirmed that the United States will not prevent the flow of Dollars to Iraq during Ali Al-Zaidi’s government, attributing this to the existence of commercial & financial ties with the American side that will exert pressure towards the continued flow of currency to the country. Al-Mana’ said: “Talk of new alliances or coalitions that include more than 140 MPs does not actually exist at the moment,” considering that “they do not go beyond being political understandings & reactions to what happened during the session to grant confidence to Al-Zidi’s government.” Al-Mana’a pointed out that “the current political reality within the coordination framework can be described as ‘a harmony of faces & a difference of hearts,’ stressing that ‘the majority of political parties & rational people are pushing towards passing what remains of Al-Zidi’s cabinet according to the convictions of the representatives, away from political pressures.” He explained that “one of the political leaders predicted that Hebat al-Halbousi would not continue as Speaker of Parliament after the vote of confidence session,” noting that “the Sadiqun movement will not participate in al-Zidi’s government.” Regarding the visit of US General David Petraeus to Iraq and his meeting with al-Zaidi, al-Mana’ said, “It came in the context of emphasizing that no factions should participate in al-Zaidi’s government without exception.” He pointed to “American proposals related to restructuring some security institutions & including the Popular Mobilization Forces within a new security ministry that includes various security agencies.” Al-Mana’ also suggested that “Qasim Atta will be appointed Minister of Interior after the Eid al-Adha holiday,” revealing that “more than 28 MPs withdrew from the Reconstruction and Development Alliance due to the failure to adhere to some of the promises & understandings that accompanied the formation of the government.” He stressed that “Al-Zaydi was put forward by a “heavy” figure from outside the coordination framework & was accepted by most political forces in order to end the political deadlock,” emphasizing “the rejection of any tampering with the Popular Mobilization Forces file, as it is an institution established by a law from the House of Representatives.” Tishwash: Among Them Are Members Of Parliament: The UST Sanctions 9 Individuals For Allegedly Facilitating Hezbollah Activities. ARTICLE: The UST Department announced on Thursday new sanctions targeting 9 individuals accused of facilitating Hezbollah's activities & undermining Lebanese sovereignty. The sanctions package included members of the Lebanese parliament, the Iranian ambassador to Beirut, Mohammad Reza Raouf Sheibani & Lebanese security officials, who it said "exploited their positions to support Hezbollah & obstruct efforts to disarm it." The UST, in a statement translated by Shafaq News Agency, said that the sanctioned individuals "serve Tehran's malicious agenda & impede the path to peace & recovery for the Lebanese people." In conjunction with these measures, the US State Department’s “Rewards for Justice” program has set up a financial reward of up to $10 million for any information leading to the dismantling of Hezbollah’s financial networks & mechanisms. Washington issued a strongly worded warning that this step is "just the beginning," vowing to hold accountable anyone who continues to provide cover for the party, cooperates with it, or undermines Lebanon's sovereignty. A statement issued by the US State Department stressed that Lebanon’s stability, security and independence require the complete disarmament of Hezbollah & the restoration of the Lebanese government’s exclusive & absolute authority over the security file throughout the country. The statement concluded by reaffirming the US' commitment to supporting the Lebanese people & their legitimate institutions in building a more secure & prosperous future.
-
Here'sm some articles of Dinarian interests... Four Reasons Behind The Worsening Dollar Crisis In The Markets. Treat as rumors. Not verified. Your opine. TNT via Tishwash: An Economist Reveals Four Reasons Behind The Worsening Dollar Crisis In The Markets. ARTICLE: Economic expert Nabil Al-Marsoumi revealed on Tuesday the reasons for the worsening dollar crisis in the parallel market, in light of the continued pressures related to imports and the shifts in trade routes after the implementation of the new import mechanism (ASCODA) and the activation of the customs tariff law. Al-Marsoumi explained in a statement followed by the “Iraq Observer” agency that “the application of the ASYCUDA mechanism and the customs tariff has pushed a large part of imports to shift geographically towards the ports of the Kurdistan Region, which do not apply this mechanism.” He added that “this shift has put significant pressure on the parallel dollar to finance trade with Türkiye, noting that about 2,000 containers of goods enter through the Ibrahim Al-Khalil crossing alone.” He explained that “this pressure contributed to the rise of the dollar in the parallel market and its exceeding the 1,500 dinar mark per dollar, in conjunction with additional pressure resulting from trade with Iran, which amounts to about one billion dollars per month and is also financed from the parallel market.” Al-Marsoumi believes that “the dollar will continue to rise until a balance is achieved between the cost of importing through Basra ports, which are financed at the official dollar rate, and the cost of bringing goods in through Kurdistan ports, which rely on the parallel dollar rate.” link Tishwash: Iraqi Dinar Weakens Amid Washington’s Political Pressure; Gold Surpasses $5,100/oz. ARTICLE: The Iraqi dinar weakened to 151,500 per $100 amid U.S. political pressure, while global gold prices hit a historic record, surpassing $5,100 per ounce due to geopolitical risks. The Iraqi dinar experienced a sharp decline in value against the U.S. dollar on Monday, fueled by a convergence of tightened electronic transfer regulations and escalating diplomatic pressure from Washington regarding the composition of Iraq’s next government. The domestic currency volatility coincided with a historic surge in global commodities markets, where the price of gold surpassed $5,100 per ounce for the first time in recorded history, signaling a period of acute economic and geopolitical uncertainty. Kaifi Mohammed, the spokesperson for the currency exchange market in the Kurdistan Region, stated on Monday, Jan. 26, 2026, that market stability has been directly undermined by a series of technical and political interventions. According to Mohammed, the exchange rate for $100 reached 151,500 Iraqi dinars by midday, but he cautioned that the rate is unlikely to remain stable at its current level. Market projections suggest the currency could weaken further to 153,000 dinars per $100 in the coming hours as demand for foreign currency outstrips available supply. Mohammed identified three primary catalysts for the dinar’s depreciation. He noted that procedures on the official currency transfer platform have been significantly tightened, creating a bottleneck that prevents merchants from obtaining the dollars necessary to conduct international trade. This administrative friction is compounded by a hardening U.S. policy toward Baghdad. Washington has reportedly intensified its demands for the removal of militias from state decision-making centers, a move that has introduced a high degree of unpredictability into the local financial system. Furthermore, Mohammed pointed to a broader shift in U.S. foreign policy under the Trump administration, which he characterized as increasingly transactional. He noted that Washington appears to be linking regional security and protection to direct financial payments, a stance that market participants view as a business-centric approach to geopolitics. This perceived shift has led to increased anxiety among Iraqi merchants who, burdened by existing financial obligations and debts, have been forced to purchase dollars at prevailing market rates regardless of the cost, thereby driving the price higher. The domestic currency strain is unfolding against the backdrop of an unprecedented rally in the global gold market. At the start of trading on the London Stock Exchange on Monday morning, the price of an ounce of gold breached the $5,000 threshold for the first time. The metal’s ascent continued rapidly, rising by 2 percent to reach $5,093 before eventually settling above the $5,100 mark. Financial analysts noted that the speed of the increase is significant; gold first broke the $2,000 barrier in January 2024, and has more than doubled in value in the two years since. Economic experts cited by market observers attribute the record-breaking gold prices to three main drivers: a sharp increase in geopolitical risks across multiple global regions, sustained and large-scale bullion purchases by central banks, and market expectations that the U.S. Federal Reserve will continue to lower interest rates. The convergence of these factors has reinforced gold's status as a primary haven for investors seeking to hedge against currency devaluations and political instability. The local and global economic fluctuations are deeply intertwined with the deteriorating diplomatic relationship between Baghdad and Washington. Abbas Jibouri, head of the Baghdad-based Rafid Center for Political and Strategic Studies, warned on Sunday that Iraq has reached a "dangerous crossroads." Jibouri noted that U.S. threats to restrict Iraq’s access to its own oil revenues—which are deposited in the Federal Reserve Bank of New York—represent a potent economic pressure tool that could trigger a systemic "salary shock" and broad financial sanctions. Because oil revenues account for more than 90 percent of Iraq’s state income, any disruption to the flow of dollars from the United States would have immediate and devastating consequences for public sector salaries and infrastructure projects. Jibouri argued that the United States is increasingly viewing Iraqi governance through a security lens, particularly concerning the participation of armed groups in the next cabinet. He warned that any steps toward "legalizing weapons outside the framework of the state" could prompt Washington to freeze assets or impose severe banking restrictions. This assessment is supported by recent reports from the Associated Press, which indicated that the United States has begun a strategy that observers describe as "economic suffocation" or "dollar starvation." According to the report, Washington is leveraging its recent access to Venezuelan oil to manage global energy markets. By reintroducing Venezuelan exports to the world stage, the U.S. administration believes it can mitigate price spikes even if Iraqi exports are disrupted by financial sanctions. This suggests that the U.S. is now positioned to impose comprehensive sanctions on the Iraqi government itself rather than just targeting specific individuals or institutions. The threat of economic isolation looms large as Iraqi political forces deliberate the formation of the next government. U.S. officials have explicitly warned that the inclusion of armed factions opposed by Washington in the next cabinet would likely trigger a suspension of dollar transactions. Despite these repeated warnings, several groups and individuals the U.S. deems problematic have already secured, or are expected to secure, senior positions in the government. Jibouri urged Iraqi political leaders to recognize that economic stability is now inseparable from political and security stability. He argued that the only solution to the looming crisis is for Baghdad to adopt a governance model that consolidates the monopoly of force under state institutions and reassures international partners that the government will remain independent of external regional influences. Failure to achieve this balance, he warned, would place the heaviest burden on ordinary Iraqi citizens, who are already feeling the impact of the dinar’s fall and the rising cost of living. As of late Monday, merchants in Erbil and Baghdad remained in a state of high alert, monitoring the currency exchanges for further signs of depreciation. The historic high in gold prices serves as a global indicator of the same fears driving the local market: a world defined by intensifying power rivalries and a diminishing reliance on traditional rules of international cooperation. link Tishwash: Another Blow To The Constitution: The Failure To Elect A President Brings Back The Scenario Of Coldly Disregarding Constitutional Requirements. ARTICLE: The constitutional process in Iraq has suffered another setback with the postponement of the presidential election session, despite the country nearing the end of the constitutional deadline. This comes at a time when Parliament was expected to resolve this sovereign issue, amidst escalating political disputes, particularly within the Kurdish political bloc, and conflicting interpretations regarding adherence to constitutional timelines. In a move that has raised widespread questions, the parliamentary session designated for electing the president did not convene, even though the constitutional deadline is in its final stages. This has revived fears of a repeat of past instances where deadlines were exceeded. The Parliament's media office announced the postponement of the presidential election session in a brief statement, without specifying a new date. Some members of Parliament stated that the postponement was due to the lack of necessary political consensus to hold the session, which has opened the door to various interpretations regarding the future of the process and the possibility of circumventing constitutional deadlines. A Kurdish request for postponement: According to official documents, the Kurdistan Democratic Party (KDP) submitted a request to postpone the session due to ongoing disagreements within the Kurdish political bloc regarding the presidential candidate. The lack of a final consensus that would allow for a decisive election session prompted the postponement to avoid the session's failure or its holding without results. The core of the crisis lies in the continued division between the two main Kurdish parties. The KDP has put forward its candidate, Fuad Hussein, while the Patriotic Union of Kurdistan (PUK) insists on its candidate, Nizar Amidi. Political mediation efforts have thus far failed to unify positions or agree on a compromise candidate, leaving the presidency hostage to the Kurdish-Kurdish dispute and its repercussions on the power balance in Baghdad. Political analyst Ali Nasser, familiar with the issue of exceeding deadlines, stated that “adherence to constitutional deadlines has not been consistent in past sessions, as we have witnessed, on more than one occasion, exceeding these deadlines, sometimes by several months.” Nasser added to Iraq Observer that “what distinguishes the current phase from its predecessors is the clear emphasis by the head of the Supreme Judicial Council, Faiq Zaidan, on the necessity of adhering to important constitutional deadlines, even though the Iraqi constitution does not explicitly stipulate penalties for exceeding these deadlines.” Nasser explained that “divisions within the Kurdish political bloc have directly impacted the selection of the president, given the lack of a unified candidate from the two main parties,” noting that “these divisions coincided with the nomination of Nouri al-Maliki for the premiership, which has added a new layer of complexity to the political landscape.” He added that “the agreements were supposed to be decided first within the Kurdish house, before moving on to discussing them with the Coordination Framework as the representative of the largest bloc, but the recent meetings, whether between the Coordination Framework and the Democratic Party, or with the Patriotic Union, did not result in setting clear deadlines or agreeing on final names.” In this context, constitutional experts explain that Article (72/First/B) of the Constitution set the deadline for electing the President of the Republic at thirty days from the date of the first meeting of the new House of Representatives. Since the House held its first session on December 29, 2025, the last day of the constitutional deadline is January 29, 2026. They emphasize that the calculation of the period begins from the date of the meeting, not from the date of the vote, and that any interpretation to the contrary leads to an unjustified extension of a deadline explicitly stipulated in the constitution, noting that the procedural deadlines for nomination, objection and judicial resolution are part of this deadline and not added to it. With open scenarios and the country entering the final days of the constitutional deadline, fears are growing that the continuation of political disputes will lead to a new postponement, which may open the door to another jump over deadlines, not only in the election of the President of the Republic, but also with regard to the appointment of the next Prime Minister, in a scene that indicates the weakness of political consensus, and the difficulty of managing constitutional entitlements within their specified timeframes. link
-
Here's some articles of Dinarian interests... -Parliament Reveals Plans For Sessions During Ramadan. -National Bank Wins Excellence Award From CITI Bank. -Iraq Will Not Be On The Losing Team. Treat as rumors. Not verified. Your opine. TNT via Tishwash: Parliament Will Not Be Suspended" Parliamentary Legal Committee Reveals The Plan For Sessions During Ramadan. Member of the Parliamentary Legal Committee, Mohammed Anouz, confirmed on Thursday that the Iraqi Parliament will not be suspended early due to the upcoming legislative elections, stressing that the Council has a moral & constitutional responsibility to continue holding its sessions & approving the remaining laws. Anouz added to Shafaq News Agency that the 1st & 2nd legislative chapters are sufficient to complete the reading & discussion & voting on many laws, stressing that the Council will resume its sessions next week. He pointed out that Parliament sessions during the month of Ramadan will be in the evening, i.e. after breakfast, to ensure the continuation of legislative work before the end of the current session. It is noteworthy that the current session of the Iraqi Council of Representatives began on January 9, 2022 & is scheduled to continue for four years, which means that it will end on January 8, 2026. According to the amended Electoral Law No. 12 of 2018, legislative elections must be held 45 days before the end of the parliamentary term. Accordingly, the next elections are expected to be held in late November 2025. Recently, the Independent High Electoral Commission began its technical & logistical preparations to ensure that the elections are held on the scheduled date, in coordination with the PM’s Office. Tishwash: National Bank Of Iraq Wins The “Excellence Award” From “Citi Bank” In Recognition Of Its Outstanding Performance. The National Bank of Iraq announced that it won the “Excellence Award” from Citi Bank, in recognition of its exceptional performance in managing incoming and outgoing financial transfers, stressing that this is an achievement that reflects its commitment to the highest standards of quality and transparency in banking services. This award is a global testament to the bank’s efficiency in implementing financial operations with utmost precision, as it excels in ensuring that transactions are processed according to the highest international standards, while providing the required documents in the correct manner & on time. This achievement reinforces the position of the National Bank of Iraq as one of the leading banks in the Iraqi banking sector, committed to providing reliable & effective financial solutions that meet the needs of its individual & corporate clients. Commenting on this achievement, Ayman Abu Dahim, Managing Director of the National Bank of Iraq, expressed his pride & honor in the bank receiving this prestigious award, explaining that receiving this award reflects the bank’s tireless efforts & its firm commitment to providing banking services that are in line with the highest int'l standards, noting that the National Bank of Iraq believes that innovation and continuous development are the key to success, so it has worked to adopt the latest technologies to ensure the speed & efficiency of financial transfers, which provides its customers with a safe & reliable banking experience. Abu Dahim praised the efforts made by the bank’s work team at all administrative & functional levels in providing the best banking services and achieving the highest levels of accuracy and transparency, stressing the bank’s commitment to continue developing its operations and strengthening its partnerships with global financial institutions, in a way that ensures the provision of advanced banking solutions that keep pace with the aspirations of our customers & contribute to supporting the national economy. It is worth noting that the National Bank of Iraq is one of the leading private financial institutions in the Iraqi banking market, as it constantly seeks to provide innovative banking services that meet the needs of customers & enhance their confidence, by providing integrated financial solutions that support individuals & companies, while adhering to the best int'l practices in the banking sector. Tishwash: It Will Not Be On The "Losing Team".. Iraq Moves To The Post-Iran Phase. An American report shed light on the attempts that Iraq is facing to get out of the "Iranian orbit" & the "axis of resistance", which took Iran years to build in order to expand its influence deep into the Arab world, but it is rapidly shrinking & could collapse overnight. A report by the American magazine "The Atlantic", translated by Shafaq News Agency, explained that "the axis of resistance has deteriorated during the past year from its formal rise to a stage of final decline, as Israel struck two of its main members, Hamas & Hezbollah, the regime of Bashar al-Assad fell & the Lebanese parliament elected a new president & a new prime minister, who are not on friendly terms with the axis." The report stated that until recently, Iran boasted that it controlled four Arab capitals: Damascus, Beirut, Sanaa & Baghdad, but now the 1st two have slipped away, while the 3rd is still under the control of the Houthis, who are still loyal to Tehran. But what about the fourth, Baghdad? Absolute Control. In this regard, the American report saw that the degree of Tehran's control over Baghdad is always changing, as the Iraqi parties loyal to Tehran cannot form a government on their own, and are forced to form coalitions with other parties, including those dominated by the Kurds and Sunnis, who have limited ideological ties to the "axis", adding that even among the Shiites, the pro-Tehran position has become a matter of intense controversy, especially after the balance of power in the region shifted away from Iran. He pointed out that the forces loyal to Iran organized violent clashes in the streets & were able to obstruct this through religious & parliamentary maneuvers, so Muhammad Shia al-Sudani took over the prime ministership in October 2022, which was described as an “Iranian victory,” for reasons including that the PM who replaced al-Sudani was Mustafa al-Kadhimi, whom the report described as the 1st non-Islamic ruler of Iraq since the fall of Saddam Hussein & that al-Kadhimi had restored Iraqi relations with Sunni powers such as Saudi Arabia, Egypt & Jordan & even established excellent relations with Iran & encouraged the restoration of diplomatic relations between the Iranians & Saudis. However, the American report warned that Tehran's control over Baghdad is not completely secure, as Al-Sudani relies on the support of parties loyal to Tehran, but he continued to follow a large part of Al-Kazemi's regional agenda to strengthen relations with Arab countries. The Losing Team. The report considered that there are many issues that cause division among Iraqis, but there is one issue that unites many of them, which is that they do not want Iraq to turn into a battlefield for Iran’s conflicts with the US & Israel, indicating that in light of the decline in the fortunes of the Tehran axis, these Iraqis do not want to be on the losing team in the region. The report indicated that many Iraqis are now publicly demanding the dissolution of the Popular Mobilization Forces, which the report described as "the main tool of Iranian interference in Iraq," noting that members of the Iraqi government say that with the defeat of ISIS, the presence of the Popular Mobilization Forces is no longer necessary. In this context, the report mentioned the recent statements of the Iraqi Foreign Minister Fuad Hussein that he hopes “we will be able to convince the leaders of these groups to lay down their weapons & that two or three years ago, it was impossible to discuss this issue in our society.” It also mentioned the recent statements of Mr. Muqtada al-Sadr in which he pointed out the necessity of limiting the carrying of weapons to the state’s security forces only. Baghdad & Washington. However, the report found that what is most surprising is that figures from within the Coordination Framework, which includes parties loyal to Tehran, support this position, including MP Mohsen al-Mandalawi, the Kurdish Shiite billionaire, adding that “dissolving the armed militias or integrating them into the regular security forces would remove Iran’s main source of influence inside Iraq.” The report considered that such a step may be calculated to avoid problems with Washington, as it is believed that the Donald Trump administration is considering imposing new sanctions on Iraq unless the Popular Mobilization Forces are disarmed, adding that the Iraqi government is looking to calm things down with Washington, as Al-Sudani & Iraqi President Abdul Latif Rashid sent congratulatory telegrams to the American president when he was elected. The report quoted MP Ali Nema (from the Coordination Framework) as saying that he expected Iraqi-American relations to improve & that the Coordination Framework, which is loyal to Iran, “is not worried about Trump.” The report recalled Al-Sudani’s recent visit to Tehran, saying that “relations with Tehran are more controversial than ever,” as Al-Sudani received harsh criticism from Supreme Leader Ali Khamenei, who called for preserving & strengthening the Popular Mobilization Forces &d expelling all American forces & described the recent change of power in Syria as the work of “foreign governments. Iran Axis. The American report then asked whether all this data is sufficient to indicate that Iraq is also leaving the Iranian axis, but it noted that Iraqi experts did not agree on an answer to this question. The report also quoted Hamdi Malik, a researcher at the Washington Institute, as saying that Iran “still exercises significant influence in Iraq,” and that al-Sudani’s government initially sent “cautious but positive signals” to the new Syrian regime, but “the tone in Shiite circles in Iraq changed completely after Khamenei expressed a completely hostile view of developments there.” After noting that Al-Sudani's government relies heavily on the support of the Coordination Framework, the report quoted Malik as saying that "any attempt by Al-Sudani to limit Iran's influence will be merely cosmetic attempts." The report said that Farhang Fereydoun Namdar, an Iraqi analyst from the University of Missouri, agreed with this assessment, as the Popular Mobilization Forces still have about 200,000 members and a budget of about $3 billion, indicating that this force is unlikely to go anywhere, despite calls for its dissolution. The report quoted Namdar as saying that “almost all factions of the Popular Mobilization Forces are loyal to Iran & the Mobilization has managed to entrench itself in the economy & politics of Iraq & is the backbone of the Sudanese government.” Strategic Location. The American Atlantic report saw that Iraq's position may be more complicated than just the image of a state subordinate to a neighboring regime, as Baghdad is distinguished by a unique position to achieve a balance between Iranian interests and the interests of the Sunni states in the region & it is trying hard to build partnerships with its non-Iranian neighbors. The report quoted Iraqi affairs expert Aaron Robert Walsh, who is based in Amman, as saying that he believes that Al-Sudani is “cautiously separating Iraq from the axis without completely severing relations with Tehran,” noting that Tehran & its Iraqi allies could spoil these efforts, for example by attacking projects in which the Gulf states have invested. The report concluded by reminding that Iraq will hold elections in October, and that if enough Iraqis reject pro-Tehran parties at the ballot box, as most did in 2021, there will be an opportunity for al-Sudani, or whoever may succeed him, to form a government that makes an extra effort to assert Iraqi sovereignty.
-
Here's some articles of Dinarian interests... -Iraq's economy on the verge of collapse.. Expert warns of the consequences of not passing the amendment to Article 12. -Al-Sudani: Iraq is a pivotal partner and national decision-making sovereignty is a priority. -The President of the Republic discusses ways to enhance relations between Iraq and Honeywell Energy Company. Treat as a rumor. Not verified. Your opine. TNT via Tishwash: Iraq's Economy On The Verge Of Collapse. Expert Warns Of The Consequences Of Not Passing The Amendment To Article 12. ARTICLE: Oil expert Kovind Shirwani commented on Tuesday (January 21, 2025) on amending Paragraph 12 related to the export of Kurdistan Region oil. Sherwani told Baghdad Today, "The amendment was submitted by the Federal Government Presidency in consultation with the Ministry of Oil & it addresses a major dispute over calculating the region's oil production fees." He added, "Because of the dispute, the region's oil exports were halted for 22 months & the losses to the Iraqi economy due to the halt of 400,000 barrels of oil per day reached 18 billion Dollars." He pointed out that "not obstructing the amendment of Article 12 will harm all of Iraq & the country's economy, which loses between 800 & 900 million Dollars per month due to the halt in exports. Passing this amendment will support the Budget with these funds & thus the 1st beneficiary of passing the amendment is the Iraqi economy & not passing it is the Iraqi economy. It is unfortunate that this amendment is portrayed as serving the region only & this is a great fallacy." The Finance Committee of the House of Representatives announced on Sunday (January 19, 2025) the imminent vote on amending Article 12 of the Budget related to the Kurdistan Region’s oil, while pointing to the most prominent proposals submitted to amend this paragraph. The head of the committee, Atwan Al-Atwani, said in a speech during a committee meeting, according to a statement received by "Baghdad Today", that "the committee's meetings are continuing to discuss amending Article 12 of the Budget Law related to the Kurdistan Region's oil," indicating that "the committee has reached the final stages of completing the hosting & providing a lot of information in preparation for voting on the amendment today." He added, "It is necessary for there to be a decision from the committee to submit the draft law to a vote," expressing his hope that "an agreement will be reached to vote on this draft law, which complements the 2023 Budget." He pointed out that "a number of committee members have raised many paragraphs & submitted proposals & we will raise them so that everyone is aware of them, but they cannot be added considering that the project is an amendment & not Budget Tables," indicating that "the committee's opinion from the beginning is to proceed with amending the law, but we do not want the clauses & amendments to be like their predecessors, unproductive amendments." Al-Atwani explained that “the committee added to the amendment paragraphs the obligation of the parties, whether the Ministry of Finance or the Ministry of Oil Resources, to abide by the outputs of the consulting company,” stressing that “there must be an obligation for both parties.” Al-Atwani concluded by saying: “The consulting company must have a working period that may end in 2025 & it has not achieved results,” stressing that “we are keen to implement the results during this year to be a basis for 2026. -Tishwash: Al-Sudani: Iraq Is A Pivotal Partner & National Decision-Making Sovereignty Is A Priority. PM Mohammed Shia al-Sudani stressed that Iraq has a special status in dealing with the will to survive, stressing that "the Iraqi people are among the most proud & self-confident personalities & cannot be subject to anyone, whoever they may be. The PM said, in an interview with Elaph website: Washington is a major partner of Iraq & the government is working to build a stable institutional relationship with it, noting that the government is determined to build a new Iraq based on its cultural heritage. Al-Sudani pointed out that portraying Iraq as subordinate to any country contradicts the historical character of the country," stressing that "the relationship between Iraq and the UK enjoys a unique special status." He added that "Baghdad is working to build a stable institutional relationship with Washington, as the US remains a major partner of Iraq & we are committed to a policy of openness & true partnership," indicating: "Today we are facing a new stage in our relationship with the UK & Iraq plays a pivotal role as an effective mediator between various regional parties & Baghdad has become a center for calm dialogue that aims to bridge the gap between the parties." He explained that "Riyadh is a partner “It is essential to Iraq’s economic equation & that the electrical connection with Saudi Arabia is not just a technical project, but a step towards achieving long-term economic integration,” stressing that “the country is moving confidently towards institutional reform.” He pointed out that “the government is working to integrate the armed factions within the legal & institutional frameworks & is determined to build a new Iraq based on its Arab cultural heritage.” -Tishwash: The President Of The Republic Discusses Ways To Enhance Relations Between Iraq & Honeywell Energy Co. President of the Republic Abdul Latif Jamal Rashid discussed ways to enhance relations between Iraq & Honeywell Company in the oil & energy industries. The presidency said in a statement, "President of the Republic Abdul Latif Jamal Rashid received today at his residence in Davos, CEO of Honeywell Energy & Sustainability Solutions Ken West. The statement added, "During the meeting, ways to enhance relations between Iraq & Honeywell Company in the oil and energy industries were discussed. The President of the Republic referred to the current stability in Iraq at all levels and the investment opportunities available in various sectors. The President stressed Iraq's desire to develop the management of oil & gas wealth in Iraq & control the burning of associated gas due to its impact on air quality, explaining Iraq's readiness to activate communication mechanisms & provide the necessary facilities for the work of Honeywell Company & exchange experiences with it in a way that helps raise the level of the energy sector in the country. For his part, West stressed Honeywell's desire to develop relations with Iraq at all levels, especially investment in the field of oil industries & the development of wells, in a way that enhances the positive partnership.
-
Here's some articles of Dinarian intertests... -Sunday's Parliament Session Agenda. -The Answer Shouldn't Be Hard. Treat as rumors. Not verified. Your opine. KTFA: Parliament Publishes Sunday's Session Agenda.. 8 Paragraphs Including Amending The Budget Law. ARTICLE: The media department of the House of Representatives published, on Saturday, the parliament’s agenda for the session next Sunday, corresponding to January 19, which includes 8 paragraphs, including the 1st amendment to the Federal Budget Law. Ariel: The Answer Shouldn't Be Hard. ARTICLE: What do you all think this action would be? What is the one thing above all that will solve this issue? What have you been reading on my page for the past few years? What are a dozen other countries waiting for to solve their liquidity issues? What is the one thing that will instantly fill our reserves? Elon Musk: Major and immediate action is needed to prevent America from going bankrupt. Department of Government Efficiency: The last time a comprehensive review of the federal government was completed in 1984, the budget was $848 billion, national debt was $1.6 trillion & debt to GDP ratio was 38%. The budget is now $7 trillion, the national debt is $35.3 trillion & the debt to GDP ratio is 121.6%.
-
Here's some articles of Dinarian interests... -80 Companies. Opening Of The Iraq Int'l Exhibition For Building & Construction. -The Securities Commission Warns Against -Dealing With Fictitious Companies Claiming To Provide Stock Trading Services. -MP Reveals Movement To Call For Early Elections: Ending The Parliament That Offers Nothing To The People. -Blinken Arrives -In Jordan On Middle East Tour To Discuss The Syrian Crisis. Treat as rumors. Not verified. Your opine. KTFA via Clare: With The Participation Of 80 Companies. Opening Of The Iraq Int'l Exhibition For Building & Construction. ARTICLE: Baghdad Governor Abdul Mutalib Al-Alawi opened the Iraq International Exhibition for Construction, Building and Infrastructure today, Thursday, while pointing out that most of the participating companies are from the private sector, which is the main partner in the process of construction, reconstruction & development. Baghdad Gov Abdul Mutalib Al-Alawi said during the opening of the Iraq International Exhibition for Construction, Building & Infrastructure to the Iraqi News Agency (INA): "Today we opened this exhibition, which contains materials involved in the field of construction & reconstruction taking place in Iraq in general & especially in the capital, Baghdad." He added, "The products of these companies on display are made with the latest technologies & we are in dire need of them as Iraq is witnessing a major urban renaissance, in addition to the market's need for such products," noting that "most of the companies participating today are from the private sector, which is the main partner in the process of construction, reconstruction & development in general." He explained that "these companies come to Baghdad and display their products & they will have a share in the Iraqi market & contribute to development in all governorates." For his part, the Assistant Director General of the Private Sector Development Department at the Ministry of Trade, Mohammed Hanoun, confirmed to the Iraqi News Agency (INA), that "Iraq is witnessing a major urban renaissance that requires international, Arab & Iraqi companies to participate in the process of construction, rehabilitation & reconstruction, as well as strengthening partnerships between the Iraqi & international private sectors & giving a realistic picture of what Iraq is witnessing in terms of reconstruction & building." He pointed out that "international companies provide many construction materials that will in turn contribute to the construction process that Iraq is witnessing, noting that "this exhibition, in its third edition, is the largest in terms of the participating companies & the quality of the materials on display." He added, "We aspire to achieve a partnership between the Iraqi & international private sectors & for state institutions to benefit from this exhibition in a way that enhances development, construction, reconstruction & investment in Iraq." Clare: The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services. He added, "The products of these companies on display are made with the latest technologies & we are in dire need of them as Iraq is witnessing a major urban renaissance, in addition to the market's need for such products," noting that "most of the companies participating today are from the private sector, which is the main partner in the process of construction, reconstruction & development in general." He explained that "these companies come to Baghdad & display their products & they will have a share in the Iraqi market & contribute to development in all governorates." For his part, the Assistant Director General of the Private Sector Development Department at the Ministry of Trade, Mohammed Hanoun, confirmed to the Iraqi News Agency (INA), that "Iraq is witnessing a major urban renaissance that requires international, Arab & Iraqi companies to participate in the process of construction, rehabilitation & reconstruction, as well as strengthening partnerships between the Iraqi & international private sectors & giving a realistic picture of what Iraq is witnessing in terms of reconstruction & building." He pointed out that "international companies provide many construction materials that will in turn contribute to the construction process that Iraq is witnessing, noting that "this exhibition, in its 3rd edition, is the largest in terms of the participating companies & the quality of the materials on display." He added, "We aspire to achieve a partnership between the Iraqi & international private sectors & for state institutions to benefit from this exhibition in a way that enhances development, construction, reconstruction & investment in Iraq." Clare: The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services. The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement received by the Iraqi News Agency (INA): "The gov of the CBI visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants & the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market. " The gov of the CBI stressed - according to the statement - the need to make efforts to achieve fluidity & provide the best banking services to the bank's customers. The governor pointed out that "the CBI's continued opening of multiple external channels in foreign & Arab currencies achieves continuous stability in the exchange rate & gradually eliminates the black market." Clare: MP Reveals Movement To Call For Early Elections: Ending The Parliament That Offers Nothing To The People. Independent MP Mohammed Al-Ziyadi revealed on Thursday that there is a desire to submit a request to the presidency of the House of Representatives to hold early elections & end the work of the current House of Representatives, indicating that the parliament was unable to legislate important disputed laws. Al-Ziyadi told Shafaq News Agency, "The House of Representatives, during the period of extending the legislative term, was unable to legislate important & disputed laws," stressing that "the heads of the political blocs were unable to manage the sessions." Al-Ziyadi continued: “If the legislative role of the House of Representatives continues to be disrupted after the holiday & in the next legislative session, we will collect signatures to demand early elections & the end of this council, which is no longer able to provide services to the citizen or the country.” He explained, saying: “After the legislative holiday and in the next legislative session, we will submit a request to the Council Presidency to hold early elections for the House of Representatives by amending the elections law & setting a date for holding legislative elections in the country.” The Iraqi Council of Representatives failed to hold its 20th regular session on Sunday, December 8, to vote on proposed laws, Personal Status Law No. 188 of 1959, the return of properties to their owners covered by some decisions of the dissolved Revolutionary Command Council & the 2nd amendment to the General Amnesty Law No. 27 of 2016. Although the House of Representatives extended its legislative session for 30 days on November 7th to pass pending laws, the House was also unable to pass these controversial laws during the extension period & thus they were postponed until the new legislative session. The House of Representatives entered a legislative session recess after extending it for 30 days based on Article 58 of the Iraqi Constitution. Consequently, that period has ended & it has become obligatory to enter a recess from December 9 of this year to January 9, 2025, according to political researcher Saif Al-Saadi. Clare: Blinken Arrives In Jordan On Middle East Tour To Discuss The Syrian Crisis. US Secretary of State Anthony Blinken arrived in Jordan on Thursday, starting a tour to discuss the crisis in Syria after the overthrow of Syrian regime President Bashar al-Assad. US officials told reporters accompanying him that the outgoing Blinken will meet with Jordan's King Abdullah II & his foreign minister in the Red Sea city of Aqaba (about 325 kilometers south of Amman) as part of his efforts to have an "inclusive" process to select members of the next Syrian government. Upon his arrival, Blinken headed to the meeting & is scheduled to travel to Türkiye later today. Blinken called for an "inclusive" process to form the next Syrian government that includes protecting minorities after opposition factions led by Hayat Tahrir al-Sham ended the rule of Bashar al-Assad, who belongs to the Alawite sect, which constitutes a minority in Syria. The US State Department said in announcing Blinken's tour that he would call for an authority in Syria that does not provide "a base for terrorism or pose a threat to its neighbors," in reference to concerns expressed by both Turkey & Israel, which has carried out hundreds of airstrikes in the neighboring country in recent days. State Department spokesman Matthew Miller said that during the discussions in Aqaba on the Red Sea, "Blinken will reiterate U.S. support for an inclusive transition to accountable and representative government." It will also discuss "the need to respect the rights of minorities, facilitate the delivery of humanitarian aid, prevent Syria from becoming a base for terrorism or a threat to its neighbors & ensure that chemical weapons stockpiles are secured & safely destroyed." This is Blinken's twelfth visit to the Middle East since October 7, 2023, and the Hamas attack on Israel, which responded with a violent & destructive campaign that is still ongoing in the Gaza Strip. Blinken's previous trip ended in disappointment after he failed to secure a deal in which Israel & Hamas would end the war in exchange for the release of hostages held in Gaza. Blinken will leave office on January 20 with the administration of President Joe Biden. President-elect Donald Trump has described the situation in Syria as a "chaos" & said the US should not intervene, although he has not clarified U.S. policy since Assad's fall.
-
Here's some articles of Dinarian interests... -Parliament Session Agenda For Thursday. -The Budget Is Hedged By The Oil Price At $70. -Finance Committee To Complete The Amendment Of The Budget Law. Treat as rumors. Not verified. Your opine. Frank26 via Tishwash: Parliament Session Agenda For Thursday. ARTICLE: The House of Representatives will hold a regular session tomorrow, Thursday, in which it will read the 2nd reading of the amendment to the financial budget law for the years {2023, 2024 and 2025). Reading verses from the Holy Quran. 1st: Voting on the draft law of the National Intelligence Service. Security and Defense Committee. Article 36 (The National Intelligence Service. Affairs). Neutrality 2nd: Voting on the proposed law amending the first law of Passports Law No. 32 of 2015. (Security & Defense Committee) (5) Article). Third: Report and discussion of the 2nd reading of the draft law amending the 1st law of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2020 - 2025) No. (13) of 2023. Finance Committee). 2024. Fourth: Report and discussion of the second reading of the draft law amending the fifth amendment to the Civil Aviation Law No. 148 of 1974. (Transport and Communications Committee). Tishwash: Government Advisor: The Budget Is Hedged By The Oil Price At $70 & The Deficit Is 64 Trillion Dinars. The financial advisor to the PM, Mazhar Muhammad Salih, confirmed today, Wednesday, that "the Federal General Budget No. 13 for the year 2023 (the three-year budget) is hedged by the price of a barrel of oil at $70. Saleh told Al Furat News Agency, "Any increase in oil prices, assuming fixed production & export quantities, will lead to reducing the hypothetical Budget deficit gap of 64 trillion Dinars." He explained that "despite the above, reducing Iraq's share of production within OPEC + is supposed to remove any potential glut in the supply of crude oil in the energy market, which leads to prices being higher than what is estimated in the Budget & may even compensate for the shortfall in the quantities of oil produced that were reduced at the same time." The House of Representatives is scheduled to begin its session tomorrow, Thursday, with the second reading of amending the three-year budget law. Prime Minister Mohammed Shia al-Sudani, during his hosting of today's session, called on the House of Representatives to expedite amending the Budget Law. Tishwash: The Finance Committee Decides To Host Taif Sami To Complete The Amendment Of The Budget Law. On Wednesday, the Finance Committee held a meeting at its headquarters to discuss the report on the draft law amending the 2nd amendment to the Federal General Budget Law for the years 2023 - 2024 - 2025, No. (13) of 2024. A statement by the committee stated that the meeting was held in the presence of its chairman & all members, and began by emphasizing “the exceptional & the obligations associated with them.” The statement added that the committee chairman "stressed the importance of setting applicable provisions & obligating the relevant authorities to implement them, while pointing out the need to obtain clarifications from the Ministry of Finance regarding the mechanism for financing the amounts & financial allocations." According to the statement, the committee discussed the draft report of the 2nd Budget Amendment Law, reviewed & approved members’ comments & held detailed discussions on how to calculate production & transportation costs, appropriations & contracts, in addition to the mechanism for managing accounts. The Finance Committee decided to host the Ministry of Finance to complete the procedures related to amending the law, while the meeting discussed the committee’s report on hosting the Ministry of Oil & the results drawn from this hosting.
-
Luigi found this article of Dinarian interests... The 5th session of Parliament has started. The formation of a new government has begun. Treat as a rumor. Not varafied. Your opine. TNT: Tishwash: The winning deputies in the fifth parliamentary session are sworn in... The winning candidates in the recent parliamentary elections were sworn in today, Sunday, in the first session of the House of Representatives. The constitutional oath was preceded by a reading of the names of the representatives, preceded by a speech by the Secretary-General of the House of Representatives, then the head of the age Representative Mahmoud al-Mashhadani, took over the administration of the session, followed by the Secretary-General of the constitutional oath in the Kurdish language. Thus, the Fifth House of Representatives achieved a quorum of 325 deputies. Tishwash: Officially, progress and determination choose the candidate of the year for the presidency of Parliament
-
Luigi found these Guru articles of interests... Hopefully...Parliament will get this new government up & running on Sunday. Here's to success in Parliament's Sunday vote of confidence. Treat as rumors. Not varafied. Your opine. 5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's DONE and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day." 5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government… 5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
-
Luigfi asks... Will this break the back of the RV/RI? Treat as a rumor. Not varafied. Your opine. CNN: Iraq Parliament votes to expel US Forces.
-
Luigi says... How can key Bills like the HCL be passed if nobody shows up to vote? What can Abadi do to get Parliament to show up & do their jobs? Not verified. Your opine. 11/30/2017 KTFA: Don961: Hmmmm .... 100 didn't show up for work ..... does President Salim have bad breath ? ... or forgets his Right Guard too often ? .... curious to find the true reasons ... imo Samson: Al-Mahna reveals 100 deputies did not attend the sessions of Parliament "final" 13:05 - 30/11/2017 The deputy of the National Alliance Sadik al-Mahna, on Thursday, the existence of 100 deputies did not attend any session of the House of Representatives "final", noting that the presidency of Parliament is not "firm" in the application of the rules of procedure regarding absences. Al-Mahna said in a statement to Al-Maaloumah that "more than 100 deputies did not attend the sessions completely," describing it as "the shameful thing to the House of Representatives and members." Al-Mahna added that "the absence includes all blocs without exception," noting that "the Presidency was not firm in the application of the rules of procedure of the House of Representatives."
-
13 Aug 2015...Aggiedad77... The COM. meeting that is to happen Thursday...Today... They mentioned it would contain some sudden & important information...to me that is key... & it would be really special to many people us included,, if some of this information would include their plans for things like HLC, the investment law, the national guard law... anything they have been dragging their feet on...some of these have been delayed for a number of years. I have also tied this to the announcement, that the speaker of Parliement Jubouri, made earlier in the day, that Parliament is going to be refocusing on getting laws passed. Luigi says... dont get your hopes up too high based on this story. Luigi remains excited something big is in the near future. Go RV.

