Wednesday, November 22, 2023

Takadum and Al-Siyada alliance authorizes alliance leaders to nominate new parliament speaker, 22 NOV

Takadum and Al-Siyada alliance authorizes alliance leaders to nominate new parliament speaker

Shafaq News/ On Tuesday, Takadum and Al-Siyada alliance granted authority to coalition leaders to choose a replacement for the vacant Speaker of the House of Representatives position.

The alliance, representing the Sunni majority, convened to discuss the current political landscape and national developments. 


During the meeting, it was decided that Muhammad al-Halbousi and Khamis al-Khanjar would be collectively authorized to nominate candidates for the crucial position of the Speaker of the House. According to the coalition's statement, the selection process will adhere to electoral eligibility criteria and seek national acceptance.


Khaleda Khalil, spokeswoman for Kurdish leader Masoud Barzani's headquarters, issued a statement emphasizing the need for consensus and acceptance among the majority of Sunni parties to elect a new Speaker of the Iraqi Parliament.

In a statement, Khalil stated, "Leader Barzani acknowledges that the Speaker of the Iraqi Parliament is the right of the Sunni component, and any candidate elected to head the Iraqi Parliament must enjoy the consensus and acceptance of the majority of Sunni parties within Parliament."


The announcement comes ahead of Wednesday's scheduled election in the House of Representatives to appoint a new speaker following the Federal Supreme Court's decision to terminate the membership of Muhammad Al-Halbousi, who called the decision "strange" and suggested it violated the constitution and undermined national stability.

In a video shared by his media office, al-Halboosi said, "We are surprised by the issuance of such decisions. We are surprised by their lack of respect for the constitution." 

He said that in his five years as Speaker, he had operated with integrity and "never discriminated" between Sunni and Shia Muslims.

The ministers of culture, planning, and industry resigned to protest what they said was the "targeting" of al-Halboosi. 

Lawmakers had gathered for a regular parliamentary session, and al-Halboosi was in the chamber when the decision was issued but then exited. 

Al-Halboosi, a former governor of Anbar governorate, was elected Speaker in 2018. He was 37 then and the youngest Speaker of Parliament in Iraq's history. He was re-elected in 2022 for a second term.

He has been the highest Sunni official in Iraq. Under the country's sectarian power-sharing system, the parliament speaker is always Sunni, the prime minister Shiite, and the president Kurdish.

Now 42, the former engineer from western Iraq who worked as a US contractor after the United States invaded in 2003 cultivated good relations with Shiite Muslims and Kurds, who helped his rise to power.

The court decided against the backdrop of a dispute between al-Halboosi and al-Dulaimi, Sunni. Al-Dulaimi had filed a lawsuit against al-Halbousi claiming that the Speaker had forged his signature on a resignation letter, an allegation the Speaker denied.


https://shafaq.com/en/Iraq-News/Takadum-and-Al-Siyada-alliance-authorizes-alliance-leaders-to-nominate-new-parliament-speaker


Tuesday, November 21, 2023

💵Iraqi Dinar💵Pretty Good🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

"RV UPDATE" BY CLARE, 22 NOV

  Clare  

Article: "An upcoming meeting between the Iraqi Central Bank and the US Treasury next week” 

 Quote "...new meeting between Iraq and the United States of America regarding the dollar...On (last September 19) in New York, Iraqi Prime Minister Muhammad Shia al-Sudani informed the US Treasury Under Secretary of the expansion of his government’s work in reducing money laundering operations, while the latter indicated that the confidence of global financial institutions had been restored."

Article:  "Iraqi Banks Association: The dollar will fall to the rate of 1,400 dinars... and the date is expected"  Quote:  " The advisor to the Iraqi Banks Association, Samir Al-Nusairi, expected dollar prices to fall to 1,400 dinars during the first quarter of next year."

Article Written by: Baqir Jabr Al-Zubaidi - former Minister of Finance "The ongoing dollar crisis

 Quote:  "The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen...

Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar."

Iraq Prepares Plans to Process Imported Gas at Al Faw, 22 nov

 Iraq Prepares Plans to Process Imported Gas at Al Faw

Iraqi Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Monday to discuss building a gas processing platform in Al-Faw Port for imported gas.

The Prime Minister’s Media Office has released a statement stating that the project is an important strategic initiative for Iraq to diversify the country’s gas sources for power generation. The project is planned to be located within the port area.

During the meeting, the Prime Minister directed the formation of a specialized committee tasked with preparing a comprehensive vision within two weeks to advance the platform project.

He expressed the government’s determination to diversify energy sources and achieve self-sufficiency in gas through strategic solutions and optimal investment. The government’s initiative seeks to achieve self-sufficiency in gas within the coming years.

To expand the scope of banks supported by the Central Bank…the Chambers of Commerce announces an initiative, 22 nov

 To expand the scope of banks supported by the Central Bank…the Chambers of Commerce announces an initiative, 22 nov

On Tuesday, the Federation of Chambers of Commerce announced the expansion of banks supported by the Central Bank. Fifteen banks now deal in Chinese yuan and UAE dirham.

Abdul Razzaq Al-Zuhairi, the President of the Federation, praised the Federation of Chambers of Commerce for its initiative to expand the scope of banks supported by the Central Bank. As a result, these banks can now operate as correspondent banks with international banks, which is a positive development.

Al-Zuhairi stated that five banks were initially supported, but now the number has increased to 10. Additionally, there are about 13 banks that deal in the Chinese yuan and two banks that deal in the UAE dirham. He called on banks to modernize and seek out partnerships with major international banks.

The Central Bank of Iraq has finalized arrangements to strengthen five Iraqi banks with the UAE dirham.

A reliable source at the bank has disclosed that the Central Bank has reached an agreement with Turkish banks to create accounts for Iraqi banks, with the purpose of facilitating external transfers in the euro currency. The same source also mentioned that the accounts of 13 Chinese banks have been reinforced.

Two banks have strengthened their accounts in Indian rupees with the Development Bank of Singapore, and others will soon follow.

World Bank Confirms RV!?💣MOF Says 1IQD = $1.00!?🤔Iraq Dinar RV Updates |...

"RV UPDATE" BY MARKZ, 21 NOV

 MarkZ  

 Question:  What is the difference between and RV and an RI?   ...RI means they are re-instating the old value. An RV is revaluing at something different than the old value. Either one will be great for us.  If they re-Instate it – I believe the rate was $3 something…maybe $3.30 or so….  Even with a re-instatement they are able to add more for inflation which could put it in the $4 dollar range.  That is the basics. 

 I have a great bank story to share with you guys.  I will leave her name out for anonymity:  “Went to a JP Morgan Chase bank today. The teller confirmed that they are in training and admitted they are changing their systems. There was a 13 foot pillar advertisement – a LED screen that was saying “Foreign Currency Exchange”  And admitted
what you [MarkZ] and the others like Frank...others tell us. 
We were smiling a lot after that bank visit today."

Question:  What is your gut saying today Mark?  MarkZ:  My gut is screaming that we are on the precipice …I think my Iraqi contacts are right and we will see it before Dec 1st.

This was a very interesting weekend. Multiple redemption center contacts say they DID WORK THIS WEEKEND…not for redeeming people but for training new people to fill out their rosters.

This to me is a very big deal...according to my sources and other people’s sources…they were training more teller level individuals over the weekend in foreign currency and exchange procedures. This is absolutely exciting news. So redemption center folks were spending their Saturday and Sunday in preparation for our exchange. Very exciting. This tells me how extremely close we are. 

📊🧭 Where Iraq Stands Economically Today: The “Intermediate Transition Stage”

📊🧭  Where Iraq Stands Economically Today: The “Intermediate Transition Stage” After analyzing key real-world economic indicators, Iraq is ...