Spiked Camel Kava Lava Java With Guava !

[DinarThug]

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The Kurdish delegation returns to Baghdad to proceed with the federal budget discussions

 

 

8th December, 2019

After the agreement between Erbil and Baghdad regarding the budget and oil, and after the arrival of the draft budget from the government to the House of Representatives, a delegation from the Kurdistan Regional Government is scheduled to visit Baghdad to meet the political blocs in the House of Representatives, and a representative of the Kurdistan Regional Government in Baghdad said that they will make Efforts to implement the agreement as is.

Representative official Faris Issa said that the agreement was reached between the governments of the region and Baghdad regarding the budget and oil and the general Iraqi budget bill for the year 2020 was to be sent from the Iraqi government to the parliament last week, so the Kurds are awaiting the arrival of the draft law to the council and are making efforts with the blocs The other policy is to pass it as it is.

Issa added that with the arrival of the bill to the parliament, a delegation from the region’s government will visit Baghdad and meet with the political blocs in the Iraqi parliament, adding that this Kurdish political delegation includes representatives of all the Kurdish blocs in the parliament. He stressed that the agreement between the region and Baghdad is linked to the budget and oil and will be implemented as is.

[DinarThug]

12-8-2019   Intel Guru Delta   

AN INTERVIEW TOOK PLACE ON 09/30/19...I JUST GOT IT...

WITH GENERAL DIRECTOR OF FINANCIAL OPERATION DEPARTMENT OF THE CBI...

Mahmoud Mohamed Dagher.  

THIS DEPARTMENT JOB IS...

implementing the monetary policy of the Central Bank of Iraq.  
HE SAID THAT THEY LAUNCHED THE PROCESS OF  LIFTING ZEROS AND NEW LDS ON SEPT...

AND MUCH MORE...
 

27 minutes ago, DinarThug said:

And This Just In From Frank And Delta’s Blue Couch Pillow Talk !  

 

     
 

 

12-8-2019   Intel Guru Delta  

 

 

20 minutes ago, Artitech said:

Wishing that was true!

Weegie’s Been Disguising Himself As A Naked Blue Smurf Couch Cushion While Supposedly Blending In To Eavesdrop !
 

 

And He Claims That It’s Sofa King True ...

 

     

[DinarThug]

LINK

The Iranian currency marks a new collapse with the presentation of the budget to Parliament

 

 

8th December, 2019

On Sunday, the Iranian currency recorded a new collapse against foreign currencies, with President Hassan Rouhani presenting the draft budget to the Islamic Shura Council (Parliament).

According to reports, the gradual rise in the price of the US dollar in Iran continues, and the appreciation of the currency against the riyal, on Sunday, reached a great level. And offered sites and channels of exchange via "Telegram" in Iran, the price of one US dollar worth 135 thousand riyals, while the process of buying the dollar worth 131 thousand riyals.

The exchange rate of the euro reached 150 thousand riyals, and the sterling price reached 171 thousand riyals. And the official agency "IRNA" justified the news, the rise of the foreign exchange market and the collapse of the local currency, the riyal, with what it called "the psychological impact of the high prices of gasoline and the low supply of currencies by some exporters, which is one of the most important factors that led to the rise of the dollar in recent days."

A spokesman for the Iranian government, Ali Rubaie, admitted that his country’s government is facing a major shortage in the provision of foreign currencies, but press reports have said that the dollar’s rise is behind the government because of a deficit in the country's general budget.

[DinarThug]

LINK

Iraq is seeking to collect nearly $ 90 billion, owed by 55 countries

 

 

9th December, 2019

The Integrity Commission disclosed that Iraq seeks to obtain amounts in excess of $ 87 billion as an initial estimate, due from 55 countries that had contracted with it before Iraq’s occupation of Kuwait, while stressing Spain’s readiness to pay the value of a signed contract with the country during that same period in the form of goods.

The semi-official newspaper, Al-Sabah, was quoted in its issue issued today, Monday, by the Head of the Recovery Department in the Integrity Commission as saying that Iraqi laws authorize two official bodies to retrieve Iraqi money abroad, which is the money-back fund that was then formed under the chairmanship of the Deputy Minister of Finance and the membership of a number of bodies such as the Central Bank and the two foreign ministries Justice was his specific mission to recover the money that was used during the period of economic sanctions on Iraq after the occupation of Kuwait and specialized in the topic of oil for food.

He added: The other official authority is the recovery department that was formed according to Decree No. 30 of 2011 and is concerned with the recovery of funds and those accused after 2003 due to corruption crimes, as the Integrity Commission is concerned with the United Nations Convention against Corruption, and therefore it has become the official body to implement the obligations of Iraq Under the United Nations agreement, it did not allow it to communicate with external parties and their counterparts.

And he added: It is part of the United Nations Convention against Corruption in the fourth chapter of the fifth chapter on asset recovery and international cooperation as a recovery department, since most of the laws in force are not regulated and do not take into account the issue of recovery of money, given that the recovery of accused and convicted persons is regulated by bilateral agreements.

He indicated that the issue of the recovery of funds, which is the focus of the conversation, appeared on the surface after the Arab Spring, as there were no laws in this regard such as the recovery of funds, and accordingly the Commission found the legal basis for one of the chapters to recover the assets and obligated the countries included in the United Nations Convention against Corruption to show possible assistance in recovering the assets. Obtained from corruption crimes, and the commission started working in this field, as it is Iraqi money that must be worked on.

The head of the recovery department promised that the recovery fund was born dead since its establishment in the Ministry of Finance, and after that the urgent need to activate it appeared, which was done in 2015 and after confirming that there are funds for Iraq in a number of countries, noting that, with a proposal from the recovery department, a technical team has been formed To recover the money and it was formed in January 2017, within the Prime Minister's Office, as it includes all the concerned authorities, and that also gives him a kind of strength, and already began work on creating a database that includes all Iraqi money abroad, and a form was prepared and sent to all ministries, institutions and governorates about what is Exists of money from Kh Shake the country

Before the occupation of Kuwait

He pointed out that everyone knows that Iraq and after the occupation of Kuwait, all its money abroad was frozen in Security Council resolutions 660 and 661, whether they are official or people related to the former regime. For example, Iraq had a contract with Italy concluded in the end of the eighties to establish a naval war fleet of 11 ships worth One billion and 350 million dollars were delivered to the Italian side, in the form of oil and other cash.

He continued: The contract was lagged due to the issue of Kuwait and was postponed and not implemented and the money received from the Italian side and the ships were not delivered to Iraq and after that they were sold by Italian specialized companies to another party and despite that the Italian side filed a lawsuit against Iraq for the damage after 2003 and then Iraq delegated

Lawyers to restore his right

And he added: There is another contract with Spain worth 11 million dollars in agreement with the Ministry of Industry to provide Iraq with various industrial materials, which was not implemented also due to the Kuwait war and was recently discussed with the Spanish side, who confirmed his willingness to pay the money but in the form of goods, noting that contact was made with the Ministry Industry and now we are in the process of importing goods to the ministry of the amount, disclosing that his department has a database and statistics for 55 city-states in Iraq.

He emphasized that the work team that was formed in the year 2017 worked to amend the law of the money-back fund and the orientation had to be in the Integrity Authority and transferred the priorities of the recovery team to the fund, including statistics in the amounts that belong to Iraq in the hands of 55 countries as a result of contracts concluded before Iraq’s occupation of Kuwait and the establishment of a base Data includes all Iraqi money abroad.

He added: that a form has been prepared and sent to all ministries, institutions and governorates about what is available from money outside Iraq, especially since the money claimed by Iraq is not documented and is not corporate money and it is concluded contracts that were not implemented and tired because of the Kuwait issue, stressing that the estimated number of these amounts is estimated at 84 One billion and 291 million dollars, in addition to two billion and 337 million euros, and approximately one trillion and 326 billion dinars, indicating that the fund is currently working to ensure that information in these debts does not intersect between ministries, governmental institutions and governorates.

[DinarThug]

https://cbi.iq/news/view/1365

The Central Bank of Iraq calls for not to deal with the Mazaya electronic payment company

 

 

9th December, 2019

 

The Central Bank of Iraq would like to warn that the ( Electronic Payment Benefits 
Company for Jordanian credit and paid card services ) is a company that is not 
licensed to operate by this bank and is not subject to its supervision and control
and may not be dealt with, and in contrast the violator bears legal consequences 

 

The Central Bank of Iraq

information Office

December 9, 2019

 

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LINK

Central Bank: Mazaya Electronic Payment Company is not licensed to operate in Iraq

 

9th December, 2019

 

The Central Bank of Iraq revealed the illegal operation of Jordan Electronic Payment Benefits Company for credit and paid card services

The Central Bank said in a press statement received by "Al-Iqtisad News", that the advantages of electronic payment services for credit and paid card services are a company that is not licensed to operate by the central bank and is not subject to its supervision and control and may not be dealt with, and contrary to that, the violator bears legal consequences

[DinarThug]

LINK

Al-Rafidain: We continue to distribute the salaries of state employees who hold a Master Card to our bank

 

  

 

 

 

09:22 - 09/12/2019

 

Rafidain Bank announced, on Monday, that it will continue to distribute the salaries of a number of ministries and state institutions through the bank's electronic payment tools.

The media office of the bank said in a statement received / information / that "the salaries of employees of some ministries and state institutions have been distributed from those whose salaries have been localized with the bank and holders of the electronic card MasterCard."

He pointed out that "the bank continues to pay salaries according to specific contexts and deadlines." 

[DinarThug]

LINK

The Stock Exchange stops its activity for tomorrow

 

9th December, 2019

 

The Stock Exchange decided, on Monday, to suspend its activities for tomorrow to coincide with an official holiday

The Stock Exchange said in a statement seen by the "Economy News", that on the occasion of the anniversary of the victory over the ISIS gang and the liberation of all Iraqi soil that falls on Tuesday 10/12/2019 , it was decided not to organize the trading session on this day as an official holiday in Iraq

"The sessions will be organized from Wednesday 11/12/2019 according to their official timing," the statement added

[DinarThug]

ladyGrace'sDaddy

• Senior Member
• 
• Platinum VIP
   

Yo Snap - Somebody Feed That Jolly ‘Fat’ Man Some Krispy Kreme’s Or Something !  

 

     

 

 

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Santa Claus in the Iraqi demonstrations

 

 

 

12/8/2019 21:30

 

 

After the Al-Sank massacre, which targeted dozens of demonstrators between a martyr and a wounded man at the hands of an unidentified armed force on Friday, one of the demonstrators baptized the atmosphere of peace in the demonstration squares in the center of the capital, Baghdad.
 

Where one of the demonstrators wore the dress of (Pope Noel) and wandered in the protest squares in central Baghdad, to spread a picture of love and peace between the demonstrators and the security forces.  He also took pictures with security forces and demonstrators in a calm environment.

The Patriarch Cardinal Louis Raphael Saco decided to cancel the manifestations of the celebration of Christ’s birthday and New Year’s Day, out of respect for the blood of the martyrs and wounded demonstrators and security forces, and in solidarity with the aches and pains of their families.

 

                          
 

 

                    

[DinarThug]

Parliamentary Finance: The government is obligated to send the budget to Parliament despite its conversion to conduct business

 

2019 - 12-09

 

The Parliamentary Finance Committee confirmed, on Monday, that the Council of Ministers is obligated to send a draft federal budget law for 2020 to the House of Representatives according to the Federal Financial Administration Law despite its transformation into a caretaker government.

Committee member Siham Shannon said in a press statement, "The government's shift to conducting business does not hinder it from sending the federal budget bill for 2020 to the House of Representatives." The Federal Financial Administration Act allowed the government to send the budget even if it was a business only.

She added that "the Council of Ministers will abide by the Federal Financial Administration Law to send the budget to Parliament during the coming period," noting that "the Kurdish delegation who arrived in the capital, Baghdad, at the beginning of this week, agreed to commit to delivering the oil share on a daily basis beginning of next year."

And indicated that "the agreement with the Kurdistan Regional Government may facilitate the process of sending the budget to parliament as it exceeded an important contentious point."

The MP revealed the Kurdish Islamic Group, Salim Hamza, the day before yesterday, Saturday, the details of the final agreement between Baghdad and Erbil on the 2020 budget, indicating that Erbil is committed to handing Baghdad 250 barrels.

link

[DinarThug]

LINK

Iraqi Ambassador receives European Investment Bank

 

 

9th December, 2019

The Ambassador of the Republic of Iraq to Brussels Mr. Sadiq Al-Rakabi received a delegation from the European Investment Bank.

They discussed ways of resuming negotiations between the two sides on the framework agreement to be signed between Iraq and the European Investment Bank.

The Bank’s funding and support for private sector projects will contribute to stimulating intra-trade between Iraq and ITU Member States, and provide many vacancies for Iraqi university graduates.

On his part, the head of the delegation of the European Investment Bank stressed the importance of Iraq, its position to the European Union, and their appreciation for the difficult circumstances and challenges, indicating their readiness to start negotiations again and provide assistance to Iraq in the common interests.

The two sides agreed to hold a second expanded meeting to discuss the draft framework agreement.

[DinarThug]

LINK

Why do some countries print their currency in others?

 

9th December, 2019

 

The currency represents the national façade of any country along with its economic importance, and a number of symbols and objects that suggest the history of the country are often printed on these currencies, whether paper or metal

Many countries of the world resort to printing their local currency in other countries, which calls into question about this. Why can't we print our local currency ourselves? What are the risks of this matter

A small number of countries print their currency within the country's borders. For example, India prints its currency on its territory, while a law in the United States of America requires that the currency be printed within American territory

A number of international companies specialize in currency printing, perhaps the most famous of which is the British company De La Rue , which prints 11 percent of the currency in the market

Where you print about 140 currencies of central banks in the world, and ironically, if we want to accumulate the currencies that you print within a week, you will reach an increase equivalent to the height of the Everest summit

It is mentioned that the major companies specialized in currency printing are distributed in North America and Europe

Why countries do not print their currency

The process of printing currencies is considered expensive and complicated, and companies that do this work have done it for hundreds of years and have acquired great experience in this field, where they have the necessary equipment in addition to the safety standards that follow

Fsharkp De La Rue began producing leaves cash since 1860, and was Muruiius the first country to ask the company to print its currency, Kamal company produces new plastic banknotes for the Bank of England from class 5 and 10 pounds

It makes sense for small countries to print their currency abroad. For example, the United States of America prints approximately 7 billion banknotes annually

How dangerous is the printing of currency outside the country?

The 2011 incident in which Britain detained 1.86 billion Libyan dinars is an example of the seriousness of such matters, as this led to a lack of cash in the last days of Muammar Gaddafi's rule

De La Rue had a share of 140 million banknotes printed by the company

The Russian "Guznak" company is considered one of the largest international companies in this field, as it has customers in more than 20 countries in Asia, Africa and Europe, in 2014, the company produced 1.1 billion banknotes, in addition to the production of passports and coins

For example, the Russian company issues and prints the Lebanese currency, "the lira", as printing a package containing 1000 Lebanese banknotes costs Lebanon 60 euros, and therefore printing ten packages of the smallest Lebanese paper money category costs 10 percent of its value. As for knowing the amount of Lebanese money printed in Russia, it is difficult, given the existence of a strict secret

According to Russian company sources, the printing of Lebanese funds in Russia dates back more than 10 years. Lebanon is not the only country that prints and imports its money from Russia. There are countries like Syria, Laos, Malaysia, Belarus, Guatemala and other countries

Dealing in cash with technology

The use of cash in its various forms is diminishing by the day, especially in the developed countries, where the technology sector witnessed a great revolution, which led to the introduction of payment techniques via mobile phones

In a 2016 statistic of the Chinese Central Bank, only 10 percent of commercial transactions were made in cash, and the rest were electronically via smartphones

But despite new technologies, the demand for banknotes all over the world continues to grow globally, growth is 3.2%, and the market is estimated at $ 10 billion

[DinarThug]

After years of banks collapsing .. Iraq launches a company to guarantee depositors' money

 

- One Day Has Passed

 

 

Announced in Baghdad last week the establishment of the Iraqi company to guarantee deposits after years of the collapse of some private banks and stand in the way of the development of the banking sector, which has a number of dealers with 22% of adults after the project to localize the salaries of state employees.

And several banks collapsed, especially in Iraq in the years that followed the year 2003, such as the banks, Al-Warka, Basra, Dar es Salaam, the economy, etc., and until now the depositors are demanding their money after bankruptcy of banks through demonstrations that they organize periodically in front of the buildings of financial institutions such as the central bank.

The capital of the Iraqi company to guarantee deposits is 100 billion dinars, "$ 83.3 million", and 42 private, governmental and foreign banks operating in Iraq contribute to it, in addition to the National Insurance Company and the state employees' pension fund.

Walid Idi, adviser to the governor of the Central Bank of Iraq, told Al-Jazeera Net that the company aims to enhance citizen's confidence in the banking sector.

The Iraqi state launched two projects, the first of which is the localization of the salaries of state employees, retirees, and social welfare, who number 7 million people, and the second is the deployment of electronic payment tools throughout the country, to increase the number of customers with the banking sector.

Protection of the banking system,
Idi stressed that all participating banks will inform their customers that their deposits are insured with a company to guarantee deposits, noting that the establishment of this company came in accordance with international standards and thus will make its way towards leadership.

He also explained that this company will protect the banking system, maintain depositors ’money and increase the banking culture, as the monthly insurance amounts to one dinar for every 10,000 dinars,“ $ 8.3 dollars ”.

He pointed out that the company has the right to invest its money by depositing it in banks as fixed deposits and buying governmental and other securities.

According to the Law of the Iraqi Company for the Guarantee of Deposits, it does not supervise cash deposits for the value of credit facilities, bank deposits with the central bank, the legal reserve for banks, deposits of members of the board of directors of the contributing bank, and bank deposits deposited with another bank.

For his part, the executive director of the Iraqi Private Banking Association, Ali Tariq, said that the Iraqi Deposit Guarantee Company is a joint stock company and provides cover to ensure public deposits with banks operating inside Iraq only.

He pointed out that the company will establish two funds, the first is for investment and the other is for the contribution of Islamic banks, and that the immediate compensation will be a maximum of 150 million dinars for each depositor that the central bank decides to liquidate.

He pointed out that the establishment of this company will contribute to withdrawing chunky money in homes and entering it into the banking system, which will contribute to the development of the Iraqi economy.

According to Article 13 of the Banking Deposits Company Law, the amounts less than one hundred million dinars, the compensation rate will be 51%, while the amounts that are more than one hundred million dinars, the compensation rate will be 25%.

Loss of previous deposits
On the other hand, citizen Mohammed Al-Barzanji - who deposited approximately $ 40,000 in Al-Warka Bank before his bankruptcy - wondered about the fate of his money now after the company was established.

In his speech to Al-Jazeera Net, Al-Barzanji said that he called the Central Bank and the competent authorities since 2012 until now to return his money that he deposited in Al-Warka Bank, but to no avail, indicating that the answer that came after the establishment of the new company is concerned with current deposits and not deposits before its establishment.

He emphasized that our money was stolen by daylight and in front of the central bank and has not done anything so far, especially as the bank has removed from it the guardianship imposed by the central bank.

For his part, the economist Bassem Jamil Antoine said in his interview with Al Jazeera Net that the establishment of the deposit guarantee company will increase dealing with Iraqi private banks.

He stressed that the Iraqi state is required to find a quick solution to the owners of deposits in bankruptcy banks, because these have greatly affected the reputation of the banking sector, because of their lost right and the lack of state intervention to return it from those who stole it,stating that the lack of establishment of this company made government banks dominate the banking sector, Because government banks are safer for Iraqis.

The island

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[DinarThug]

The Washington Institute: Has Iran begun losing its influence over the Iraqi tribes?

 

- Two Days Ago

 

 

An article published by the Washington Institute for Near East Policy on its website dealt with the escalation of protests in Iraq, and confirmed that various Iraqi tribes began to turn away from Iran after some of them were supportive of it.

Author Philip Smith said in the article that between the escalation of the pace of protests and the resignation of Prime Minister Adel Abdul Mahdi recently, recent Iraqi events have drawn attention to the future of Iranian influence in Iraq.

Smith - a researcher at the University of Maryland - said that a number of influential Iraqi tribes in southern Iraq have set aside their traditional sectarian nervousness as a result of their anger at the violations of the pro-Iranian factions, and the failures of the Baghdad government to protect many of their basic needs, sometimes used for that violence.

Tehran is often portrayed as being in control of Shiite militias and other proxies working to serve its goals in Iraq, but many of these parties - according to the author - have tribal loyalties as well, and are steadily engaged in the conflict either in response to the actions of pro-Iranian groups against tribal leaders or because of Militias largely fail to provide security or curb corruption.

 

Counterproductive

The writer said that the Khafaga tribes - which is one of the major Shiite tribes in southern Iraq - fit a model of two main parts, one of which explains how the tribes are striving towards loyalty to Iran, which is the strongest stake in the conflict, and the other explains how Tehran's attempts can come To press it backfired.

During the rule of the late President Saddam Hussein, the Khafaga tribe pushed thousands of its elements for recruitment into the armed forces when the Iran-Iraq war was taking place, and when their "Shi'a brothers" rebelled in the south against Saddam in 1991.

Later, precisely when the American occupation of Iraq reached its limit and the Syrian uprising became impossible for war, many Khafagha clans began to bias more and more alongside pro-Iranian organizations.

In 2012, for example, Aws al-Khafaji, a tribal sheikh, defected from the leader of the Sadrist movement of Muqtada al-Sadr and created the "Abi al-Fadl al-Abbas forces" that he used to recruit fighters to support the regime of Syrian President Bashar al-Assad.

Another tribal leader, Sheikh Raad al-Khafaji, was said to have been a leader of the Hezbollah Brigades, “the most fanatical and pro-Iranian group,” which the United States has designated a “terrorist organization”.

However, the position of the Khafaga tribe regarding these connections began to change in February 2019 when the Popular Mobilization Forces arrested Sheikh Aws al-Khafaji and closed the headquarters of the Abu al-Fadl al-Abbas forces.

According to the Washington Institute article, the popular crowd was arrested because Aws al-Khafaji accused Iran of involvement in the assassination of writer and novelist Alaa Majzoub al-Khafaji, who was known for his criticism of Tehran's interference in Iraq.

Sheikh Aws’s position on the recent events was marked by his declared support for the anti-Iraqi protests. The youth of the tribe followed suit, putting up slogans supporting the protests around Baghdad.

Other tribes, some of them predominantly Shiite and mostly mixed or Sunni, are now starting to set aside their sectarian differences to adopt a more unitary approach to the pressure exerted by Iran and its loyalists in the country, Baghdad’s disregard for it, and its constant fear for security.

Tribal elements played a big role in fueling the protests. In Baghdad, Basra, Dhi Qar and Maysan, those elements took the initiative to use methods of protests that were to block roads and even resort to violence. The tendency towards revenge - in the opinion of Philip Smith - emerged after several demonstrators were killed.

Muqtada al-Sadr

As for Muqtada al-Sadr, he tried on his part to act as a political front for those protesting against Iranian influence and government violations. Sadr City - the main stronghold of its supporters - has witnessed some of the largest protests.

The question remains: What are the options of the United States regarding what is happening in Iraq?

Smith says US policymakers, who seek to banish Shi’ite and Sunni tribes from Iran, should address the real issues that Iraqis are currently focusing on.

For example - and the talk is still for Smith - the United States, which has long focused on providing security and military solutions to the Baghdad government, should demonstrate its soft and rough power in the face of Iran by paying more attention to retraining and equipping some sectors of the local Shi'a tribes, and giving them the necessary means To express her concerns and problems.

Source: American Press

link

[trident]

Middle East

Kurdistan security forces seize counterfeit medicine, make arrests

Kurdistan 24 |

8 hours ago

 

 

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Medicine that the Kurdistan Region's security forces identified as counterfeit and seized in the capital of Erbil, Dec. 9, 2019. (Photo: Kurdistan 24)

 

Kurdistan Erbil Drug Medicine KRG

 

 

ERBIL (Kurdistan 24) – Security forces in the Kurdistan Region seized a large number of counterfeit medicines in the capital of Erbil and arrested at least two people for alleged sales of the products, a health official said on Monday.

“Drugs that claimed to treat cancer were being manufactured at a farm on the Erbil–Salahuddin Road,” Hezha Anwar, the head of the Kurdistan Region’s drug control commission, told Kurdistan 24.

The claims have “no scientific basis,” and the drugs were sold at USD 900 to 1,000 per package, she added. The security forces provided Kurdistan 24 with photos that showed the various medicines as well as two detainees who were captured on charges related to dealing with the products.

Medicine that the Kurdistan Region's security forces identified as counterfeit and seized in the capital of Erbil, Dec. 9, 2019. (Photo: Kurdistan 24)

Anwar affirmed that the security forces had made arrests related to the case, noting that investigations are continuing to find out the source and distributors of these drugs.

The official explained that a portion of these counterfeit medicines had been smuggled from Iran into the region, entering through Sulaimani province before moving to Erbil.

She cautioned citizens to purchase medicine only from pharmacies licensed by regional authorities.

The Kurdistan Regional Government (KRG) established the drug control commission recently as the need for a body to supervise the import of food and medicine grew.

Detainees whom the security forces captured on charges related to dealing with the products. (Photo: Kurdistan 24)

In July, Zana Mala-Khalid, head of the Food and Medicine Committee at the Kurdistan Parliament, told local media that one of the KRG cabinet’s agendas was to form a body that would oversee the import of said goods, as well as ensure quality and fair prices.

Kurdistan Region citizens have recently been vocal about concerns over the lack of quality control and inflated medicine prices. In October 2018, the KRG enforced new regulations on the region’s pharmaceutical industry after sales of counterfeit drugs and claims of shady deals between doctors and sales companies.

Editing by Karzan Sulaivany

[DinarThug]

LINK

Rafidain Bank Confirms Its Readiness To Receive The Requests Of Many State Departments

 

 

10th December, 2019

 

Rafidain Bank confirmed, on Tuesday, its willingness to receive the requests of many government departments who want to settle their salaries electronically with the bank and give them a Master Card and then receive their personal advances.

The media office of the bank said in a statement that the Independent Press Agency received a copy of it that "the salaries of a number of employees of ministries and state institutions have been localized and given them an electronic card and then received their monthly salaries through it."

 

He added, "MasterCard holders can take advantage of the financial features and services recently launched by the bank from advances and loans, and to apply for these advances by the bank’s branches located in Baghdad and the provinces."

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Al-Rafidain: are ready to receive the requests of the departments wishing to localize their salaries and give them advances  

LINK

 

Edited December 10, 2019 by DinarThug

[DinarThug]

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American writer: Iraq situation will affect oil prices more than Trump and OPEC

 

10th December, 2019

 

The American writer, Anas Alec, announced that the Iraqi situation is able to influence oil prices more than US President Donald Trump and the Organization of States. The oil exporter, indicating that China is monitoring the situation in Iraq with great concern because it is the largest importer of Iraqi oil

The writer, Anas Alec, said in a report published by Oil Price, that the conditions of Iraq are able to influence oil prices more than President Donald Trump and more than the Organization of Petroleum Exporting Countries (OPEC

The protests revolve around the lack of basic services in an oil-rich country, but they cannot provide electricity or safe drinking water for their people, and in fact these demonstrations denounce the massive corruption and corrupt system that has led to mass unemployment amongst young adults, as well as the deterioration of the education and health care system

The writer pointed out that the resignation of Adel Abdul Mahdi represented the only factor that prevented a major armed conflict between protesters and security forces in southern Iraq, where all the oil reserves are located, and if the protesters seized Basra, they would be at stake five million barrels per day and 12% of the proven reserves in the world, And billions that come from foreign investment

The writer stated that China is the largest buyer of Iraqi crude, and one of the largest investors in the Iraqi oil and gas industry

Last September, the Iraqi Basra Oil Company signed a contract with the Chinese to develop and complete eighty oil wells in the giant Majnoon oil field, as well as in Basra, with Chinese hopes to increase sales of crude oil from Iraq by more than two thirds to reach 850 thousand barrels per day by the end of this year, And it is possible that Beijing monitors the situation in Iraq with concern

The writer added that Russia, in turn, has invested in the energy industry in Iraq with more than ten billion dollars over the past nine years

This includes the development of the West Qurna field of the "Lukoil" company in Basra, which represents about 9% of the total Iraqi crude oil production. As for other places in the country, these investments include the company "Gazprom" in the center of the country, and in the Kurdistan region of northern Iraq

The writer clarified that the next question is whether the protesters dare to act because of oil

In fact, all indications are that they will do so, and they have already participated, as they closed the roads leading to five oil fields in Basra, and the anger over corruption and the things that oil money spends from Baghdad is transferred to this province

In conclusion, the author believes that the government has only two options, either the complete suppression of the protesters, which means bloodshed beyond what we have already seen, or the major reform, which is difficult, especially with Iranian influence. What the market must respond to is the clear and present danger facing 12% of the world's proven oil reserves

[DinarThug]

LINK

An American bank funds a $ 900 million contract for the Ministry of Electricity

 

10th December, 2019

 

The US Export and Import Bank, "EXIM" has  agreed to finance a contract between Stellar Energy and the Ministry of Electricity in the amount of $ 900 million to build evaporation systems and wet air pressure in three stages

A source familiar with the "Economy News" said, "The financing of the American bank is due to the agreement signed between the bank and the Iraqi Finance Ministry to lend Iraq 5 billion dollars for the reconstruction of Iraq, which was signed last October in the American capital Washington

He stressed that "the first stage approved by the Council of Ministers to build evaporation systems and wet air pressure at a value of 450 million dollars, and that the second and third stages with a value of 450 million dollars," noting that "there are major differences between the executive and legislative authorities on the terms of the contract and that the legislative authority refuses to sign the contract By the Ministry of Electricity because of the resignation of the current government headed by Adel Abdul Mahdi

[DinarThug]

An invitation to adopt financing programs for companies operating in Iraq

Tuesday 10 December 2019

 

Baghdad / Mustafa al-Hashemi

 

The current stage requires the enhancement of financial inclusion, especially after the implementation of the employee localization program, by the central bank, which would provide a greater part of their welfare through the adoption of expanded mechanisms for other financing programs for all companies operating in the country.

The salary settlement project aims to pay the salaries of state employees through cards issued by banks operating in Iraq in order to reduce the total cost of the process of paying salaries and retaining cash within the banking system. The benefit of workers is that they have a bank account that enables them to deal with all ATMs and points of sale in the country And outside it, as well as taking advantage of all other banking services provided by banks such as obtaining loans and others.

 

mutual benefit

In this regard, the economic academic, Dr. Issam Al-Mahawili, called on local and international companies operating in Iraq to "invent their own financing system in cooperation with Iraqi banks and in coordination with the Central Bank, in order to achieve mutual benefit between the public and companies at the end of 

Whether. ”Al-Mahawili said in an interview with“ Al-Sabah ”: The mutual benefit is the citizen obtaining the goods or cars and devices that he wants to buy on favorable terms of payment, while the benefit of companies is to achieve greater sales through special financing programs. It out. "

 

Finance advantages

"Financing programs are characterized by flexible solutions to purchase cars or devices and products that suit individuals and companies alike, as they offer flexible options to pay loans or advances at fixed interest rates, along with quick and easy procedures for submitting applications, as well as the need for no early termination fees." Or unsealed Contracts. " 

It is noteworthy that the use of cards provides security advantages instead of keeping cash, so the strategy of the Central Bank in creating a safe competitive environment for banks to present their offers, and that the employee has the right to choose the bank according to the best financial and banking services and the most appropriate prices.

 

Compete

Al-Mahawili continued, "The current stage requires taking part in such competitions provided by financing programs that, whenever they are on favorable terms, increase the public's appetite for enjoyment." With its advantages. "

He pointed out that "there is a group of companies belonging to the private sector, which are related to the auto trade, adopting a financing system in cooperation with government banks, to facilitate the sale of their products to employees or low-income people, and that this system is in place in several countries in the world."

He emphasized that "financing programs also come to improve the company's liquidity, cover certain expenses, or plan for business growth, as banks offer various financing programs that help companies achieve goals and reach the highest sales of their products."

 

Asset financing

Al-Mahawili pointed out that "Asset Financing assists in the purchase of equipment and vehicles, as it is one of the financing solutions for purchasing them according to a payment schedule designed according to the liquidity flows of the applicant of this type of financing." 

He stated that "there are other types of financing programs such as real estate finance, project financing, and contracting company financing that companies operating in Iraq can adopt and adopt as one of the means to expand financial inclusion To the citizens. "

LINK

 

 

Edited December 10, 2019 by DinarThug

[davis411]

46 minutes ago, DinarThug said:

An invitation to adopt

???????

 

 

a Davis

 

[DinarThug]

5 hours ago, DinarThug said:

An invitation to adopt

 

4 hours ago, davis411 said:

a Davis

 

Is He Housebroken ?  

 

 

      

[DinarThug]

LINK

Washington Addresses Baghdad: Iraqis ’will and choices must be protected from outside interference

 

 

9th December, 2019

President of the Republic Barham Salih received, on Monday evening, a phone call from Vice President of the United States of America Mike Pence.

During the phone call, the current situation in Iraq and the region in general was discussed, as well as ways to develop bilateral relations in a manner that enhances joint cooperation between the two countries.

Vice President Pence affirmed his support for the stability of Iraq and the aspirations of the Iraqis to reform, peace and renounce violence, pointing out the importance of respecting and protecting the will of the Iraqis and their choices away from external interference.

Saleh affirmed that the solutions to the current conditions should be in response to the Iraqi national decision away from external interference, by peaceful means, in a manner that preserves security and injects blood and helps to uphold the rule of law and the state, maintains the right to expression and peaceful demonstration, and promotes countering all attempts to interfere in the country's internal affairs and tamper with its security.

The President of the Republic stressed the need to renounce violence, maintain the peace of the popular movement, and safeguard the right of the nation’s people to express their aspirations and demands in a manner befitting a democratic state, while emphasizing the support of the security and military establishment to carry out its national duty to preserve the lives of citizens and property, prevent violations, and transgression on citizens and public security.

##########

Saleh receives a phone call from Pence ... and this is his details 

 LINK

[italiancat]

Urgent Saleh receives a phone call from Pence ... and this is his details

Editing Date: 12/9/2019 21:13 • 569 times read

(Baghdad: Al Furat News) President of the Republic Barham Salih received, on Monday evening, a phone call from Vice President of the United States of America Michael Pence.

A presidential statement, received by the agency (Al Furat News), said that "during the phone call, the current situation in Iraq and the region in general was discussed, as well as a discussion of ways to develop bilateral relations in a manner that enhances joint cooperation between the two countries."
Vice President Pence affirmed his support for the stability of Iraq, the aspirations of the Iraqis for reform and peace, and the renunciation of violence, noting "the importance of respecting and protecting the will of the Iraqis and their choices away from external interference."
President Saleh stressed, "Ensuring that solutions to the current conditions are in response to the Iraqi national decision away from external interference, by peaceful means, in a manner that preserves security and injects blood and helps to uphold the rule of law and the state, maintains the right to expression and peaceful demonstration, and promotes countering all attempts to interfere in the country's internal affairs." And tampering with his security. "
The President of the Republic stressed the need to renounce violence, maintain the peace of the popular movement, and preserve the right of the people of the country to express their aspirations and demands in a manner befitting a democratic state, while emphasizing the support of the security and military establishment to carry out its national duty to preserve the lives of citizens and property and prevent violations and transgression of citizens and security Year.
The President and the American Vice President also recalled the memory of liberating the city of Mosul, the sacrifices of Iraqis in the face of terrorism, the role of the United States and the international coalition and its support for Iraq in the war on terrorism, and stressed the importance of reconstructing destroyed cities, the return of the displaced and ensuring the coexistence of religious and national components and their unity to confront extremism .is over

[DinarThug]

Read This And Don’t Scroll Past It Too Quickly !  

 

     

 

 

 

Washington is bringing in hundreds of soldiers and mechanisms to boost its presence in Iraq

 

- One Hour Passed

 

 

BAGHDAD - The United States continues to strengthen its military presence in Iraq, as hundreds of tankers across Jordan coincided with the Ain al-Assad base in the west of the country, with planes carrying hundreds of American soldiers arriving at Baghdad airport.

This increase in the American forces operating inside Iraq coincides with the popular protests that this country has been witnessing since the beginning of last October, as the government became involved in its suppression, causing death, injury, and disappearance of hundreds of activists and demonstrators. It also coincides with complicated consultations to choose a successor to resigned Prime Minister Adel Abdul Mahdi, who was toppled by the protests.

Iraqi lawmakers close to Iran say that the United States is taking advantage of the power vacuum and the government's preoccupation with protests to change the rules of play at the Iraqi table, ensuring that it regains the advantage it had before the military withdrawal decided by President Barack Obama in 2011, and allowed Tehran to dominate.

It seems that the United States wants to inform Iran, which is now controlling Iraq politically, militarily and economically, that it has enough courage to bring in additional soldiers through Baghdad airport, as it previously surrounded the operations to reinforce or withdraw its soldiers in complete secrecy.

Observers said that the United States intends to announce its military actions in Iraq during this stage, so that the Iranians will be sure of its seriousness in dealing with the Iraqi file this time, after a series of previous disappointments, due to failed US policies in this country.

Witnesses said that about 500 American military vehicles have moved, over the past two days, from Jordanian territory to Iraq, to the Ain al-Asad air base in western Anbar, which now includes the largest part of the United States forces in the country.

At Baghdad airport, military sources said they had counted the landing of at least 3 aircraft, carrying US Marines.

This new American influx came, hours after a missile attack targeting a joint military site between Iraq and the United States, near Baghdad Airport, that the Asaib movement of the people of truth close to Iran, led by Qais Khazali, is responsible for its implementation.

Intelligence sources linked the airport missile attack to Al-Asaib, days after a US military operation south of Baghdad, that resulted in the killing of 3 Khazali's followers and the destruction of a missile platform, which was intended for use.

Observers believe that the strengthening of the United States and its military presence in Iraq, during this stage, aims to deter militias loyal to Iran from further defiance towards American interests, as well as give the Washington embassy in Baghdad a greater push to influence the political path of the country, which has been heading towards Tehran for years.

The relationship with the United States has turned into a major accusation that Iran's allies in Iraq are using to liquidate their political opponents. This was caused by the great vulnerability that has plagued American influence in Iraq since the United States withdrew from that country in 2011.

And the United States stopped years ago on the political influence in Iraq, because Iran closed all roads to it, and besieged it at its embassy overlooking the Tigris River, after forcing it to reduce its personnel to a minimum, through the missile attacks targeting it.

Sources indicate that Washington is moving towards establishing multiple headquarters in Iraq, giving it full flexibility to move militarily, politically and economically, if it decides that, after it was found that the link of the American political presence in the country to the embassy headquarters in Baghdad is a major restriction.

These moves coincide with widespread debate in Iraq over the fact that the popular crowd was involved in the killing of peaceful protesters, as international criticism is increasing in this context.

The Iraqi Foreign Ministry summoned the ambassadors of the countries of Germany, France and Spain, after they signed an angry statement condemning the killing of the demonstrators.

Observers believe that without a real deterrent force on the ground, international condemnations of the killing of demonstrators in Iraq will have no effect, given that the militias loyal to Iran control political and military decisions, and hit them across the wall with all internal and external warnings.

The increase in US forces in Iraq may be a clearer response to this fact, which suggests more future international pressure on Baghdad to curb the militias.

The Arabs

link

[DinarThug]

LINK

Video: The Annunciation Church opens its doors on the left side of Mosul

 

10th December, 2019   VIDEO ON THE LINK

The Annunciation Church returned with a new look after it was demolished by ISIS, as a message of reassurance to all Christians who left the city. The church was built in 1970 in the easier city of Mohandessin, the city of Mosul, and it was full of Christians just as much as the city’s mosques for Muslims, until ISIS entered in 2014 to disperse its population.

Muslims inside the city welcomed the return of Christians to their homes with the return of the Church of the Annunciation, pledging to protect it and cooperate in order to restore the religious diversity that it once enjoyed.

Muslims and Christians unite today inside the city, it is only a painful blow to the people of discord and difference, for the presence of the large number of Muslims in the opening of the Church of the Annunciation was a speaking message, which does not need detailed explanation.  Here is Mosul today, embracing its children again, after the missiles of war and bullets dispersed them, waiting for the rebuilding of their destroyed city to decay with the return of all Christians to it.

[FROSTYJACK]

29 minutes ago, DinarThug said:

Read This And Don’t Scroll Past It Too Quickly !  

 

     

 

 

 

Washington is bringing in hundreds of soldiers and mechanisms to boost its presence in Iraq

 

- One Hour Passed

 

 

BAGHDAD - The United States continues to strengthen its military presence in Iraq, as hundreds of tankers across Jordan coincided with the Ain al-Assad base in the west of the country, with planes carrying hundreds of American soldiers arriving at Baghdad airport.

This increase in the American forces operating inside Iraq coincides with the popular protests that this country has been witnessing since the beginning of last October, as the government became involved in its suppression, causing death, injury, and disappearance of hundreds of activists and demonstrators. It also coincides with complicated consultations to choose a successor to resigned Prime Minister Adel Abdul Mahdi, who was toppled by the protests.

Iraqi lawmakers close to Iran say that the United States is taking advantage of the power vacuum and the government's preoccupation with protests to change the rules of play at the Iraqi table, ensuring that it regains the advantage it had before the military withdrawal decided by President Barack Obama in 2011, and allowed Tehran to dominate.

It seems that the United States wants to inform Iran, which is now controlling Iraq politically, militarily and economically, that it has enough courage to bring in additional soldiers through Baghdad airport, as it previously surrounded the operations to reinforce or withdraw its soldiers in complete secrecy.

Observers said that the United States intends to announce its military actions in Iraq during this stage, so that the Iranians will be sure of its seriousness in dealing with the Iraqi file this time, after a series of previous disappointments, due to failed US policies in this country.

Witnesses said that about 500 American military vehicles have moved, over the past two days, from Jordanian territory to Iraq, to the Ain al-Asad air base in western Anbar, which now includes the largest part of the United States forces in the country.

At Baghdad airport, military sources said they had counted the landing of at least 3 aircraft, carrying US Marines.

This new American influx came, hours after a missile attack targeting a joint military site between Iraq and the United States, near Baghdad Airport, that the Asaib movement of the people of truth close to Iran, led by Qais Khazali, is responsible for its implementation.

Intelligence sources linked the airport missile attack to Al-Asaib, days after a US military operation south of Baghdad, that resulted in the killing of 3 Khazali's followers and the destruction of a missile platform, which was intended for use.

Observers believe that the strengthening of the United States and its military presence in Iraq, during this stage, aims to deter militias loyal to Iran from further defiance towards American interests, as well as give the Washington embassy in Baghdad a greater push to influence the political path of the country, which has been heading towards Tehran for years.

The relationship with the United States has turned into a major accusation that Iran's allies in Iraq are using to liquidate their political opponents. This was caused by the great vulnerability that has plagued American influence in Iraq since the United States withdrew from that country in 2011.

And the United States stopped years ago on the political influence in Iraq, because Iran closed all roads to it, and besieged it at its embassy overlooking the Tigris River, after forcing it to reduce its personnel to a minimum, through the missile attacks targeting it.

Sources indicate that Washington is moving towards establishing multiple headquarters in Iraq, giving it full flexibility to move militarily, politically and economically, if it decides that, after it was found that the link of the American political presence in the country to the embassy headquarters in Baghdad is a major restriction.

These moves coincide with widespread debate in Iraq over the fact that the popular crowd was involved in the killing of peaceful protesters, as international criticism is increasing in this context.

The Iraqi Foreign Ministry summoned the ambassadors of the countries of Germany, France and Spain, after they signed an angry statement condemning the killing of the demonstrators.

Observers believe that without a real deterrent force on the ground, international condemnations of the killing of demonstrators in Iraq will have no effect, given that the militias loyal to Iran control political and military decisions, and hit them across the wall with all internal and external warnings.

The increase in US forces in Iraq may be a clearer response to this fact, which suggests more future international pressure on Baghdad to curb the militias.

The Arabs

link

Thanks Thug, I am not sure how this affects our RV timeframe. Hopefully Iranian forces get thrown out of Iraq in a timely manner. But if history tells us anything, This may turn into a Civil War. There is still a lot of loyalty to Iran from the citizens. Either way it’s going to be an interesting time.