Monday, October 28, 2024

NADER FROM MID EAST:THE SPIKE ON FOREX: THE IQD LOST it's zero and it's .0014 instead of .0076

 


“One of the most difficult sessions”.. 4 important laws on the parliament’s table today, 28 OCT

 “One of the most difficult sessions”.. 4 important laws on the parliament’s table today


The Legal Committee of the Iraqi Parliament will hold two crucial meetings, one on Saturday and one on Sunday, to make it easier to pass three controversial laws.

“The Parliamentary Legal Committee will meet this evening to review the readiness of the General Amnesty Law, Personal Status Law, and Property Restitution Law, all listed on the agenda for Sunday’s session,” says committee member Aref Al-Hamami.

He also said that the committee will meet again on Sunday morning to finish these bills before the session, with the goal of passing them quickly.

Al-Hamami said that there is a lot of “political and parliamentary consensus” to pass these laws during the session on Sunday, which shows that everyone is working together to get them passed.

Personal Status Law The Personal Status Law, which was passed by Prime Minister Abdul Karim Qasim in 1959, applies to all Iraqis, regardless of their religious affiliation. However, Iraqis would be able to select whether Shia or Sunni law would govern personal status matters like marriage under the proposed amendments.

The amendment says that religious opinions will take precedence if parties in a family case disagree about which legal source applies. This modification gives religious texts more weight than current civil law.

In addition, the amendments mandate that the State Council and the Shia and Sunni Endowment Councils jointly draft a comprehensive code of religious rulings on personal status issues. Within six months of the law’s passage, this code would need to be presented to Parliament for approval.

Personal status courts’ approval of Muslim marriage contracts is another important provision. Before recognizing any contracts, these courts must ensure that they meet both religious and legal requirements.

Within the Coordination Framework, Shia voices argue that the amendments address family-related issues and are constitutional. Political parties and activists from civil society, on the other hand, have criticized the changes, calling the current law the “best in the region.”

Rivals likewise guarantee the alterations license youngster marriage, deny spouses of provision and authority freedoms, and supplant common regulations with organization explicit strict texts. They argue that this change hinders the advancement of women’s rights in Iraq.

Since its first enactment in 2008, when it was passed alongside the General Budget Law and the Law of Governorates Not Incorporated into a Region, the General Amnesty Law (GAL) in Iraq has been a key component of political compromises. This was a sign of a political deal in which each major faction—Shia, Sunni, and Kurdish—got a law that was good for them.

A second version of GAL was enacted in 2016 as part of a political agreement that was primarily motivated by Sunni demands. The fact that it was voted on alongside the “Popular Mobilization Authority Law” and the “Baath Party Ban Law” reinforces the idea that the law is the result of political concessions. Since then, Sunni blocs have made GAL a major demand, particularly during negotiations for the “State Administration” coalition, which brought together Shia, Sunni, and Kurdish parties to form the current government headed by Prime Minister Mohammed Shia al-Sudani.

The law faces opposition within the Shia Coordination Framework due to concerns that it could permit the release of individuals convicted of terrorism, murder, and other serious crimes, despite the fact that it is an essential requirement for Sunni participation. Officials have proposed amendments to exclude terrorists, those involved in human trafficking, drug offenses, and crimes that threaten national security in order to address these concerns.

Law on Property Remedies The goal of the proposed law, which is supported by the five Kurdish blocs that make up the Iraqi Parliament, is to overturn decisions made by the Baath Party about agricultural lands in areas that are covered by Article 140 of the Iraqi Constitution. In the 1970s, these decisions resulted in the confiscation of Kurdish and Turkmen farmers’ lands, which were then redistributed to Arab settlers, most notably in Kirkuk. The bill aims to correct the ethnic disparity caused by the Baathist regime’s policies and return these properties to their original owners.

The Kurdish blocs have worked together to pass the law, meeting with Shiite and Sunni groups multiple times to make sure it moves forward. Notably, representatives from Kurdistan met with the Chairman of the Government Committee for the Implementation of Article 140, Hadi al-Amiri, to obtain support and thwart opposition from other parliamentary blocs.


" I THINK WE'RE GETTING PRETTY CLOSE" BY @ERADORADA, (ENGLISH & SPANISH), 28 OCT

@LAERADORADA

Dr. Tom: A few days ago we were told that the final presentation has been made to the world courts, the US Treasury and the Department of Defense and the first wave of funding will arrive sometime this month.

They had a problem last week with the cabal who we were told removed some of the gold, but they got caught.

The release codes will be presented next week and they are testing the systems with the whales. 

Again, it may happen next week, but I don't think anything will happen until after the election. The process will begin, there will be no delays, I know we all want it now, but I don't see this happening until after the new president comes on the scene in January, but hopefully much sooner.

I don't think this will happen past January. I don't really see it now, but I think we're getting pretty close.


Jane: Yes, we will stay on guard and in the meantime we will maintain our vibrations and the high frequency and in addition to really connecting with our higher self, our Gods and goddesses that we are, that will help energetically in everything that happens outside of us, in addition to what what happens inside us. 

So thank you very much Dr. Tom, thanks for the update, we really appreciate it and we'll talk to you again soon. 

Dr. Tom: Thank you. OK.

Jane: Do you have anything to add Zorra about VR and the elections?

Zorra: No. But know that it is already done. Go out and find the house you want to buy and claim it as yours. Find the car you like, place your hands on it and claim it as yours. This way you will move your energies and you will be able to have it.

Translated by Gabi for 

@Era54321Golden

SPANISH

@LAERADORADA

Dr. Tom: Hace unos días atrás nos dijeron que se hizo la presentación final ante los tribunales mundiales, el Tesoro de EE. UU. y el Departamento de Defensa y la primera ola de financiación llegará en algún momento, este mismo mes.


Tuvieron un problema la semana pasada con la camarilla que según nos dijeron, retiraron parte del oro, pero los atraparon.


Los códigos de lanzamiento se presentarán la próxima semana y están probando los sistemas con las ballenas.


Una vez más, puede suceder la semana que viene, pero no creo que suceda nada hasta después de las elecciones. El proceso comenzará, no habrá demoras, sé que todos lo queremos ahora, pero no veo que esto pase hasta después que el nuevo presidente entre en escena en Enero, pero ojalá que sea mucho antes.


No creo que esto pase de Enero. Realmente no lo veo ahora, pero creo que nos estamos acercando mucho.


Jane: Sí, nos quedaremos de guardia y mientras tanto mantendremos nuestras vibraciones y la frecuencia alta y además de conectarnos realmente con nuestro ser superior, nuestros Dioses y diosas que somos, eso ayudará energéticamente en todo lo que sucede fuera de nosotros, además de lo que sucede en nuestro interior. 


Así que muchas gracias Dr. Tom, gracias por la actualización, lo apreciamos mucho y hablaremos con usted pronto nuevamente. 


Dr. Tom: Gracias. De acuerdo.


Jane: Tienes algo que agregar Zorra sobre la RV y las elecciones?


Zorra: No. Pero sepan que ya está hecho. Salgan a buscar la casa que desean comprar y reclámela suya. Busquen el automóvil que les gusta, coloquen sus manos sobre él y reclámelo suyo. Así moverá las energías y podrá lograr tenerlo.


Traducido por Gabi para 

@Era54321Dorada

Dinar Revaluation Shocking Forex Spike : Analysis from Pimpy @DINARREV...

Rafidain: Selling the dollar to travelers at $3,000 and at the official price, 28 OCT

 Rafidain: Selling the dollar to travelers at $3,000 and at the official price

Today, Monday, the method for selling dollars to travelers was announced by Rafidain Bank.

Dinaropinions.com was provided with a statement from the bank stating that “the traveler makes an electronic reservation through the bank’s website, and the reservation form is filled out 72 hours before the date stated on the travel ticket after completing the reservation procedures and confirming the date,” implying that “the traveler then goes to one of the branches for the purpose of depositing cash in dinars in the branch exclusively.”

“The dollar will be received at the bank’s outlet inside the Babylon Hall at Baghdad International Airport exclusively, and the dollar will not be delivered to the traveler until after the travel procedures have been completed and the passport stamping has been completed,” the statement added.

“The branches designated for depositing the Iraqi dinar are the Karkh branches (Al-Mansour, Al-Rafei, Al-Ma’rifah, and Al-Muheet), the Rusafa branches (Al-Senak, Al-Firdaws, the main branch, Palestine Street, the officers’ houses, and Al-Waziriyah,” he continued.

He noted that “a valid Iraqi passport with a valid visa or residency, a civil status ID, a nationality certificate or unified national card, a residence card, and a valid travel ticket are the requirements for selling the dollar.”

MILITIAMAN CC NOTES HIGHLIGHTS, 28 OCT

 MILITIAMAN CC NOTES HIGHLIGHTS

Summary

Iraq’s political landscape faces pressure as key laws are delayed, while financial reforms aim to stimulate the economy and address exchange rate issues.

Highlights

  • 🇮🇶 Iraq’s Prime Minister directs contracts in Euro, indicating a significant shift in currency use.
  • 📜 Parliamentary legal committee discusses four key laws aimed at citizen needs.
  • 🔄 Interest rates reduced from 7.5% to 5.5% to promote economic growth.
  • 📉 Iraq reportedly lost $23 billion in project value in a month, raising concerns.
  • 💼 New hybrid monetary policy introduced by the Central Bank for economic stimulation.
  • 💵 Analysts expect the Iraqi dinar to become a base currency, shifting international dynamics.
  • 📈 Focus on local investments and job creation to combat inflation and revitalize the economy.

Key Insights

  • 🌍 Currency Shift: Iraq’s acceptance of Euro for contracts marks a significant move towards diversifying its economic relationships, potentially stabilizing its currency amid ongoing pressures.
  • 📊 Legislative Challenges: The delay in passing crucial laws reflects the ongoing political struggles, which could hinder economic reforms and public trust in governance.
  • 💰 Interest Rate Strategy: The Central Bank’s decision to lower interest rates aims to encourage borrowing for investment, addressing unemployment and stimulating economic activity.
  • ⚠️ Financial Losses: The reported $23 billion loss in project value underscores the urgent need for effective governance and swift action in infrastructure development.
  • 🔄 Hybrid Monetary Policy: The introduction of a hybrid monetary policy signals a proactive approach by the Central Bank to manage liquidity and inflation, aiming for economic stability.
  • 📈 Iraqi Dinar as Base Currency: The expectation of the dinar becoming a base currency suggests a potential shift in international trade dynamics, enhancing Iraq’s economic sovereignty.
  • 🏗️ Investment Focus: The emphasis on local investments and job creation is crucial for long-term economic health, fostering resilience against external financial pressures.

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Politician reveals political agreements to vote on personal status law, 23 NOV

Politician reveals political agreements to vote on personal status law Abdul Hamid al-Dulaimi, a member of the Anbar Sovereignty Alliance, r...