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15 minutes ago, Dinarrock said:

No it will not the Rial will Lop and go Nowhere you can take that to the bank! The US sanctions on Iran have absolutely zero to do with Iraq’s monetary system!

Tell me about the monetary policy...and how does the economic sanctions affect the monetary policy?

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Hope that damn Finance Minister brought a MF pen so they can sign some ****..

It's spelled "stopping."   If you read through my posts you'd come across a TON of economically sound statements/facts about how money flows in the world (micro and macro).    But

How Many Bro’s Does It Take To Put In A Light Bulb ?       Two - One To Put It In And One To Go ‘Haha’ After They Discover That Bro Accidentally Put Back In The Bad Bulb !  

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It is Saturday - let the news begin to flow

 

from Yota

 

 

Release date:: 9/13/2019 21:27 • 186 times read
Fahmi reveals what parliament has approved so far and expected it to the next stage
(Baghdad: Euphrates News) MP unveiled a coalition of Saeron Raed Fahmy, the number of laws passed by the House of Representatives in the first year of its current session.
Fahmi said (for the Euphrates News) that "the House of Representatives passed {19} law, including important laws, while the first reading of {34} another law," noting that "there are many laws have reached the stage of voting."
He stressed that "the House of Representatives is able to provide more in the next stage."
Parliament will resume its sessions on Saturday after a legislative recess that lasted for about 40 days. It intends to resume its third legislative term on Saturday with an ordinary agenda, which was absent from important files that it was hoped to open, such as the unknown shelling that targeted camps and warehouses of armed factions from the crowd. In addition to the file to complete the government of Adel Abdul Mahdi, which is still lacking Minister of Education.
The session, according to a schedule published by the Information Chamber of the House of Representatives, will discuss the law of the first amendment to the law of human organ transplantation and prevention of trafficking, and discuss the law of Iraq's accession to the UNESCO Convention on the Protection of Underwater Cultural Heritage.
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OPEC
  

 energy


Economy News - Baghdad:

OPEC Secretary General Mehmet Barkindo said that the demand for oil will increase to 112 million barrels per day in the coming period.

He added in his speech at the conference of the Iraq Energy Forum 2019, that the transport sector is witnessing great development and that until 2040, the wheels that use petroleum products are dominant.

He pointed out that it is necessary to use technology in the oil sector and the use of appropriate competencies, stressing that it is necessary to make the right to energy is a human right.


Views: 47   Date Added: 14/09/2019

 

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OPEC Secretary General Mohammed Barkindo
  

 energy


Economy News - Baghdad:

OPEC Secretary-General Mohammed Barkindo has welcomed Iraq's commitment to OPEC's decision to cut production.

Barkindo said in his speech at the conference of the Iraq Energy Forum 2019, and attended by the "Economic News", that "Iraq is a resource-rich countries is an effective and influential element in OPEC and all its decisions are taken into account."

He added that "can not implement Iraq's decisions without the presence of OPEC," noting that "OPEC is pleased to show Iraq its commitment to support its decision, especially in reducing production."


Views: 31   Date Added: 14/09/2019

 

 

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The Presidents of the Republic and the Ministers discuss the implementation of the government program

 
Baghdad / morning 
 
President Barham Saleh and Prime Minister Adel Abdul Mahdi discussed the political and security developments in the country and the implementation of the government program.
The Presidency said in a statement received "morning" a copy: "The President of the Republic Barham Saleh, at the Peace Palace in Baghdad, Prime Minister Adel Abdul Mahdi," noting that "discussed the latest developments on the Arab and international levels."
"The meeting discussed developments in the political and security situation in the country and the implementation of the government program and the importance of exerting more efforts to improve the service status of citizens," the office added.
On the other hand, the President of the Republic Barham Saleh, a phone call with the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to check on his health. 
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Documents .. Abdul Mahdi forms four ministerial councils

Documents .. Abdul Mahdi forms four ministerial councils

 

Baghdad / Al-Ghad Press:

Official documents obtained by "tomorrow", the formation of Prime Minister Adel Abdul Mahdi, the formation of four ministerial councils.

 

 

According to documents issued by the Prime Minister's Office, a ministerial council for the economy, another for energy, a third for social services and a fourth for human development have been formed.

Each Council has broad responsibilities and includes a number of ministers, deputy ministers, high-level officials and experts, each in their respective capacities.

 

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Date: Editing:: 2019/14 12:03 • 188 times read
Baghdad Operations: 408 concrete blocks were lifted during the past week
Baghdad Operations Command announced the lifting of 408 concrete blocks in the capital during the past week.
"The engineering effort in the Baghdad Operations Command continues to raise the concrete blocks and open closed roads in the capital," a statement from the command media received (Euphrates News).
"408 concrete blocks have been lifted in Baghdad over the past week," he said
 
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Source: Two unidentified aircraft participated in the attack on Saudi Arabia from Iraqi airspace

Source: Two unidentified aircraft participated in the attack on Saudi Arabia from Iraqi airspace

 

Baghdad / Al-Ghad Press:

DUBAI (Reuters) - An attack by drones on Saudi Aramco involving unidentified planes was launched from Iraqi airspace, a senior source said on Saturday.

 

 

The source told "Tomorrow Press," that "ten drones launched an attack at dawn today on a site in Saudi Arabia, eight of which were launched from Yemen, and two aircraft from Iraqi airspace, but they are unknown and it is not known who fired it."

The source, who asked not to be named, said the attack was "in response to the repeated attacks on security positions of the Hashd during the past period."

This comes in conjunction with the hosting of the Parliamentary Security and Defense Committee on Saturday morning, the President of the Popular Mobilization Authority and National Security Adviser Faleh Fayyad, to discuss the recent security breaches and targeting the headquarters of the Popular Mobilization aircraft.

Earlier on Saturday, the Saudi Interior Ministry announced that drones launched an attack on two Aramco oil plants in the Eastern Province, which led to the outbreak of fire.

Later, the Ansar Allah group (Houthis) claimed responsibility for the attack, indicating that 10 drones bombed two refineries in the Saudi company.

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From the Englishman

 

Saudi Arabia oil facilities ablaze after drone strikes

  • 1 hour ago

Footage showed flames and huge palls of smoke over Abqaiq, site of Aramco's largest oil processing plant.

A second drone attack also started fires in the Khurais oilfield to the west. The fires are now under control at both facilities, state media said.

Iran-aligned Houthi fighters in Yemen have been blamed for previous attacks.

However, the Saudi media reports did not say who could be behind the latest attacks.

"At 04:00 (0100 GMT), the industrial security teams of Aramco started dealing with fires at two of its facilities in Abqaiq and Khurais as a result of... drones," the official Saudi Press Agency reported.

"The two fires have been controlled."

Map

Abqaiq is about 60km (37 miles) south-west of Dhahran in Saudi Arabia's Eastern Province, while Khurais, some 200km further south-west, has the country's second largest oilfield.

Saudi security forces foiled an attempt by al-Qaeda to attack the Abqaiq facility with suicide bombers in 2006.

Who could be behind the attacks?

Houthi fighters were blamed for drone attacks on the Shaybah natural gas liquefaction facility last month and on other oil facilities in May.

The Iran-aligned rebel movement is fighting the Yemeni government and a Saudi-led coalition.

Yemen has been at war since 2015, when President Abdrabbuh Mansour Hadi was forced to flee the capital Sanaa by the Houthis. Saudi Arabia backs President Hadi, and has led a coalition of regional countries against the rebels.

The coalition launches air strikes almost every day, while the Houthis often fire missiles into Saudi Arabia.

However, there are other sources of tension in the region, often stemming from the rivalry between Saudi Arabia and Iran.

Saudi Arabia and the US both blamed Iran for attacks in the Gulf on two oil tankers in June and July, allegations Tehran denied.

In May, four tankers, two of them Saudi-flagged, were damaged by explosions within the UAE's territorial waters in the Gulf of Oman.

Saudi Arabia and then US National Security Adviser John Bolton blamed Iran. Tehran said the accusations were "ridiculous".

Tension in the vital shipping lanes worsened when Iran shot down a US surveillance drone over the Strait of Hormuz in June, leading a month later to the Pentagon announcing the deployment of US troops to Saudi Arabia.

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From Yota

 

 

Release date:: 9/14/14 14:37  68 times read
Al-Shammari: The shadow government will be launched soon
Secretary General of the opposition front Fadi al-Shammari, on Saturday, that the national opposition is a long-term project and broad prospects, stressing that the opposition depends in its movement on the active parliamentary bloc as well as political, social and youth activities.
 
Al-Shammari said in a statement received by the Euphrates News Agency, that "supporting the reality of youth, educational and educational and reward the creators of the objectives of the front in the next stage," noting that "the opposition depends in its movement on the active parliamentary bloc as well as political, social and youth activities."
He added that "combating corruption is a national priority that the opposition seeks to activate its tools."
Al-Shammari pointed out that "the shadow government that will be launched soon will consist of specialized sectoral files corresponding to each ministry."
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Parliament votes on the formation of a committee to follow up the government procedures file missing and absentees

Political | 02:33 - 14/09/2019

 

 

BAGHDAD - Mawazine News
The Council of Representatives voted on Saturday to form a committee to follow up the government procedures file missing and absentees and the return of displaced people.
A parliamentary source, told / Mawazine News, "The House of Representatives voted during its meeting held today, to form a committee to follow up the government procedures file missing and absentees and the return of the displaced."
And that, "the committee includes the heads of parliamentary blocs and representatives of the committees of security and defense and the displaced and human rights and legal."
Parliament held its first session of its new legislative term today

 
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Release date:: 2019/14 13:04 • 174 read times
Iraq receives an international award by electronic payment
Iraq won the Best Smart Card Award at the Global Event (International Finance Prize of 2019) Best Smart Card- Finance 2019 awarded to the global smart card company.
A member of the Baghdad Economic Forum Jassem Al-Aradi told (Euphrates News) that "winning an international award in the detailed electronic payment is an important step, in the light of developments in the reality of electronic payment in the country, which touched the need of the Iraqi family, and are getting their dues effortlessly, Via electronic payment card. "
He pointed out that "this award represents a new impetus for the company to develop the joints of its work and the development of new products rise to global," pointing to the "importance of supporting national companies that achieve success in their field, especially when the evaluation is international." Iraq won for the first time in its history the award, which is the result of a great national effort for an Iraqi electronic payment company was able to transfer the reality of financial transactions to a sophisticated stage interacted with the public significantly and now embraces a family of 7 million beneficiaries, a figure not reached by the largest banks Region.
For his part, an official source in the company that "the company invests in the youth sector and provides employment opportunities for a large segment of them, and provides services that touch the need of the Iraqi family," stressing that "this award represents a new turning point in the company's work, and a motive for the development of work mechanisms and attendance near The Iraqi family through the adoption of new systems more sophisticated contribute to the creation of new products
 
 
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A member of the Kurdistan Democratic Party (KDP) said on Friday that the upcoming visit of the Kurdistan Regional Government delegation to Baghdad is a continuation of previous visits, while unnamed parties accused of trying to exploit the rapprochement between Baghdad and Erbil to hit the government of Adel Abdul Mahdi with the "Kurdish arrow."

Ali al-Faili said in an interview with Alsumaria News, "The visit of the delegation of the Kurdistan Regional Government to Baghdad next week is a continuation of the previous mutual visits in order to discuss the sensitive and important files raised in previous meetings," noting that "one of the most important priorities of the new regional government is to go to Baghdad And solve the problems of constructive dialogue. "
 

Al-Faili added that "the most prominent problems posed mostly in each meeting are the issue of oil and gas, border crossings, Article 140 and the disputed areas and the return of the Peshmerga and their budget, as thorny files and need to negotiate marathon in order to reach tangible results," stressing that "there is progress that "But the files still have a long way to go to reach definitive and definitive results."


"There are those who are trying to exploit the rapprochement between the governments of Baghdad and Erbil politically to hit the government of Adel Abdul Mahdi with the Kurdish stock," he said.
 
 

/ Mawazine News / publishes the composition of the Kurdish delegation to Baghdad and the most prominent files of the visit

Political | 11:42 - 14/09/2019

 

Special - Mawazine News
/ Mawazine News /, Saturday, the composition of the Kurdish delegation scheduled to visit Baghdad within days and the most prominent files of the visit.
A Kurdish government source told Mawazine News that the Kurdistan Regional Government (KRG) delegation, which is scheduled to visit Baghdad, will include a group of ministers and advisors, including Planning Minister Dara Rashid, Finance Minister Awat Sheikh Janab, Interior Minister Reaper Ahmed, Agriculture Minister Picard Talabani, and a secretary. Provincial Council of Ministers Aman Rahim and Chief Cabinet Officer Omid Sabah. "
And that, "the delegation will discuss the files of the budget and salaries of the Peshmerga and the delivery of oil to Baghdad and the debt that the region with the international oil companies, which amounted to about 30 billion dollars."
The source continued: "It will also discuss topics related to the increase of ISIS activity in the areas of Kirkuk and disputed areas as well as the census and other topics."
He revealed earlier, that the most prominent files to be discussed by the delegation in Baghdad are: Deliver 250 thousand barrels of oil to Baghdad daily and put them in the accounts of SOMO. Increase the region's share of the amounts allocated to salaries. The share of the region in the budget for 2020. The future of the city of Kirkuk, especially with the adoption of the election law. Restructuring of the Joint Operations Room between the Peshmerga and the Iraqi Army

 
 
 
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Baghdad airport road opened 24 hours

Friday 13 September 2019 63

Baghdad airport road opened 24 hours

 
Baghdad / morning 
 
The Minister of Transport Abdullah Laibi said that early next month will be a date for the opening of Baghdad International Airport 24 hours to citizens, pointing out to find alternative routes for military columns, opening new outlets, expanding roads and simplifying the procedures for entry of passengers to the airport lounges.
The Transport Ministry said in a statement received "morning" a copy: "The Minister of Transport Abdullah Laibi accompanied by the military secretary of Prime Minister Lieutenant-General Mohammad al-Bayati, and Major General Zuhair al-Khafaji field trip in implementation of the directives of Prime Minister Adel Abdul-Mahdi."
"The beginning of next month will be a date for the opening of Baghdad International Airport 24 hours a day," he said.
He added, "There will be another field survey later and successive meetings to implement the directives to serve the citizen and the generous traveler."
In turn, the personal secretary of the Armed Forces Commander-in-Chief, Lt. Gen. Mohammed al-Bayati said: "The proportion of administrative and logistical preparations has reached more than 75 percent to fully open the airport."
 
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Kalkamsh Press / Baghdad

Transport Minister Abdullah Laibi said Friday that approval for the deployment of a new corridor from the far south of Iraq to the Kaban point in the far north of Iraq will be approved for Turkey.

This came during the participation of the Iraqi delegation in the meeting of ICAO on the development of air corridors between the Middle East and Europe (RDGE / 31g) in Paris 31st version.

`` Since the founding of the General Company for Air Navigation Services, the ministry has taken upon itself the development of air corridors and navigation services, to accommodate the growing movement in Iraqi airspace, and to make the movement dynamic and global safety in accordance with the standards of international organizations. ''

He added, "Iraq has demanded for years to open this corridor, but did not meet his request in response, but the serious steps of the Ministry of Transport and aviation cadres worked hard day and night to gain the confidence of international organizations and work in terms of safety and international security adopted by the Civil Aviation Organization (lCAO)." .

The Minister of Transport that "Iraq had two global corridors in the sky and today we have three operating corridors in addition to obtaining his approval to reduce the horizontal distance of the aircraft from 20 miles to 10 miles, which increases the flow of traffic and multiples."

`` This major achievement comes as the Ministry seeks to support the leading and important role of the General Company for Air Navigation Services, which struggled to succeed in attracting airlines through the passage of our aircraft through our airspace in a number that doubled from what was previously to occupy a prominent place in the Middle East and regional countries. ''

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Date: 2019/13/13 21:09 • 231 times read
Mullah Talal for Euphrates: Interrogations will condemn ministers and they will not be able to answer them
(Baghdad: Euphrates News) MP from the parliamentary wisdom bloc Mahmoud Mulla Talal, on the interrogations will condemn ministers and can not answer them.
"We have documents condemning the ministers and even condemning them in the judiciary if there is an interrogation in the next few days," Talal said.
"This is what will be shown to the people through the evidence and the evidence to be provided and the answers to the minister."
"I firmly believe that the minister will not be able to answer them as they are documented," Talal said.
The leader of the opposition national wisdom movement, Mr. Ammar al-Hakim, confirmed the opposition on the preparation of the files of the interrogation of a number of ministers in the government of Prime Minister Adel Abdul Mahdi.
Parliament will resume its sessions on Saturday after a legislative recess that lasted for about 40 days. In addition to the file to complete the government of Adel Abdul Mahdi, which is still lacking Minister of Education.
The session, according to a schedule published by the Information Chamber of the House of Representatives, will discuss the law of the first amendment to the law of human organ transplantation and prevention of trafficking, and discuss the law of Iraq's accession to the UNESCO Convention on the Protection of Underwater Cultural Heritage.
 
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From Yota

 

 

Integrity seizes an official (bribery) in the port of Umm Qasr

 
Baghdad / morning 
 
The Investigations Department of the Integrity Commission reported that a bribery officer in the northern port of Umm Qasr was found with possession of a passport that he stamped in violation of the instructions in exchange for money.
The Department said in a statement on the details of the seizure process, and received a "morning" a copy of it, that the team of the Directorate of Investigation Basra, which moved to the port based on information from the office of MP Oday Awad Kazim was able to seize the official of the audit unit in the port, and seized (4) Permits.
It indicated that the accused had stamped the permits and transmitted them to the tax fee without stamping the transactions by stamping the sonar unit for financial amounts, in agreement with the faithful in contravention of the instructions of the navy which confirmed that the transactions were not referred to the tax fee without the sonar unit seal.
On the other hand, the Integrity Commission, revealed cases of extortion and bribery of two agricultural contracts in the province 
Karbala.
A statement of the Commission received "morning": "The staff of the Office of Karbala investigation in the Commission on Integrity was able to control the files on two agricultural contracts because of suspicion of extortion and bribery by a number of employees of the Directorate of Agriculture in the province." 
He added, "The files of the two contracts concluded with two citizens were seized, noting that" the first contractor filed a complaint against a number of employees of the Directorate of Agriculture; They are paid a bribe for solving the issue, and the estimated value of the land is 4 billion 
Dinar". 
The statement pointed out that "a record of the seizure of fundamentalist seizures in the process, which took place under a judicial arrest warrant issued by the judge of the Court of Investigation of Karbala 
Holy. ”
Edited by ChuckFinley
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Information / special ..

Parliamentary Finance Committee, on Friday, the Ministry of Finance responsible for the failure of the federal budget to the House of Representatives on time, pointing out that the law provides for the arrival of the budget to the House of Representatives on the first of September.

Committee member Abdul Hadi Mohan said in a statement to the information, that "the financial management law approved by the parliament provides for the submission of the budget by the government to the House of Representatives on September 1, but it did not happen and it is hoped that it will be delivered to the House in Next October. ”

He added that "the budget must be delivered at the beginning of September in order to be discussed in parliament and make amendments to it and then hold a vote before the beginning of the new year."

He explained that "the licenses within the Ministry of Finance in addition to its commitment to the implementation of the Financial Management Law, which must enter into force in 2020 prevented the budget from reaching parliament on September 1." Finished 25 N

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Converting 2020 budget from {line items} to {programs and performance}

 
Baghdad / morning 
 
The House of Representatives announced "officially", the conversion of the 2020 budget from the budget of the items to the budget of programs and performance, and while continuing the parliamentary and political debate over the share of the region of the federal budget; Baghdad awaits the visit of a Kurdish delegation this week to resolve important issues related to the budget and others.
A statement issued by the Information Department of the House of Representatives on Thursday received by the morning, that the Committee to monitor the implementation of the government program and strategic planning, headed by MP Raed Fahmy and the presence of its members, hosted the delegation of advanced owners in the ministries of finance and planning headed by Deputy Minister of Finance and Planning Dr. Maher Hammad.
The meeting, which was held at the committee's headquarters, discussed the latest preparations and procedures for the ministries of finance and planning on the 2020 budget, which shifted from the budget of items to the budget of programs and performance. Housing and large development projects such as Fao port, rehabilitation and maintenance of main roads, in addition to supporting the agriculture and industry sectors.
The Strategic Planning Committee expressed its full support for the ministries of finance and planning in the face of the budget deficit by maximizing non-oil revenues, controlling border outlets and reducing unnecessary spending.
For his part, discussed the Minister of Planning Nuri Sabah al-Dulaimi, with the President of the Kurdistan region, Nechirvan Barzani, the preparation of the draft budget law for the coming year.
A statement of his media office received "morning", that "the Minister of Planning met in the province of Erbil, President of the Kurdistan region, Nechirvan Barzani," noting that "the meeting discussed the most important files of joint cooperation, and unify efforts to successfully implement the General Census of Population and Housing 2020."
He added, "The meeting discussed providing an attractive environment for investment in the region and all governorates, and ways to promote efforts to restore stability and recovery in the liberated areas," pointing out that "the two sides also discussed the preparation of the draft budget law for the coming year," the Minister of Planning, according to the statement to The Federal Government is keen to promote dialogue with the Territory in the interests of common national interests.
In addition, the parliamentary and political debate between the various parties on the share of the region in the budget and financial dues between Baghdad and Erbil.
A member of the Kurdistan Democratic Party, Ali al-Faili, that the visit of the delegation of the Kurdistan Regional Government to Baghdad is "a continuation of previous visits," while accusing unnamed parties of trying to exploit the rapprochement between Baghdad and Erbil to hit the government of Adel Abdul Mahdi "Kurdish arrow," as he put it.
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Satellites reveal what happened to ISIS

Friday 13 September 2019 72

Satellites reveal what happened to ISIS

 
Baghdad / morning 
 
ISLAMABAD (Reuters) - Satellite images showed the ISIS in the Tigris River, where international coalition missiles flew on Tuesday, to record teams before and after raids and the effects they have had on the island, described as a transit stop for ISIS travelers traveling to Iraq.
The US-led coalition to fight terrorism and fight ISIS terrorist groups announced on Tuesday that US warplanes dropped 36 tons of bombs on the island of Kaanous in the Tigris River, which is teeming with members of ISIS terrorist gangs. 15 and F-35, and targeted the island located in the province of Salah al-Din, the center of the country, north of the capital Baghdad.
It was reported that the raids killed about 25 ISIS hiding on the island, and published the website "Fox News", citing the site "Planet Labs, Inc." and researcher Wim Zwijnenberg, two images showing the island before and after the raids.
A spokesman for Iraqi counterterrorism forces told Fox News that Al Jazeera served as a "hotel" for ISIS travelers traveling from Syria to Iraq.
On the other hand, the commander of Anbar operations Major General Nasser al-Ghannam, activated airborne operations in coordination with military intelligence and military aviation.
According to the command statement received by the "morning", said al-Ghannam: "It was obtained information 48 hours ago in coordination with the Hawks cell Anbar, where we were able to carry out a specific duty through which we found a large pile in the valley deep in the desert containing 570 A newly manufactured explosive belt, in addition to improvised explosive devices, pomegranates and mines against tanks, "indicating that" this place was used by ISIS in the storage of these materials and distributed to the province of Anbar and the capital Baghdad. "
In addition, the Popular Mobilization Forces in the province of Diyala operations carried out a pre-emptive operation to cut off the supply routes of the ISIS terrorist gangs in the areas adjacent to the Diyala River north of Jalawla. 
Makhoul ”.
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The universities of Baghdad and technology enter a global classification

 
Baghdad / morning 
 
Minister of Higher Education and Scientific Research Qusai al-Suhail congratulated the academic family at the Universities of Baghdad and Technology for their entry in the British “Times” World Ranking. In a statement to the ministry, Al-Suhail praised the efforts exerted by the two universities and their keenness to improve the quality of performance in the educational process which qualified them to enter this prestigious rank.
At the same time, the Minister of Higher Education and Scientific Research urged “the rest of the Iraqi universities to exert more scientific and research efforts in order to follow the example of these two universities and improve the quality of performance and improve the level of their educational process through the application and adoption of standards adopted locally and globally in order to achieve advanced ranks in the global rankings. Sober in the near. ”
The University of Baghdad has entered the British “Thames” ranking of the best international universities by issuing the sixteenth edition of 2020 and for the second year in a row, rank (801-1000) out of 1396 universities included in the classification, with the participation of 1800 universities evaluated from 92 countries, an increase of 138 universities compared Last year, the University of Technology entered the rankings this year.
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