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#BREAKING: The Iraqi Parliament has passed the Shiite Personal Status Law, the Kurdish property and land restitution law, and the Sunni General Amnesty Law, 21 JAN

 #BREAKING: The Iraqi Parliament has passed the Shiite Personal Status Law, the Kurdish property and land restitution law, and the Sunni General Amnesty Law.

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Sources: Iraq's Parliament to tackle controversial laws in “One Basket” vote

Shafaq News/ Iraqi political and parliamentary leaders have reached an agreement to vote on the controversial laws in "one basket" during a session scheduled for Tuesday, parliamentary sources said on Monday.

The sources revealed to Shafaq News, "The session is expected to proceed with a full quorum to pass the three controversial laws, including the Personal Status Law proposal, the draft Property Restitution Law  (second amendment to the decisions of the dissolved Revolutionary Command Council), and the second amendment to the draft General Amnesty Law.” 

“The controversial laws are expected to be voted on in tomorrow's session, following an agreement among all political and parliamentary parties,” they added. 

Overview of the Controversial Laws

The draft Property Restitution Law, which addresses properties affected by decisions from the dissolved Revolutionary Command Council, has become a focal point in Iraq’s political landscape. Kurdish MPs and officials argue that the law is aimed at returning properties to their original Kurdish and Turkmen owners, confiscated under eight decisions made by the Council between 1975 and 1979. These decisions were intended to enforce demographic changes in disputed areas.

The proposed amendments to the Iraqi Personal Status Law No. 188 of 1959 have ignited heated debates within Parliament and civil society organizations. The proposed changes cover a wide range of issues, including marriage, divorce, inheritance, and child custody.

Meanwhile, Sunni parliamentary and political forces continue to press for the passage of the General Amnesty Law, a proposal that has met opposition from Shiite factions due to concerns over the potential release of detainees linked to terrorism charges. Since the formation of Mohammed Shia Al-Sudani’s government, this law’s fate remains uncertain. Despite an agreement to enact it, observers point to a lack of political will, particularly within the Shiite Coordination Framework (CF), which is believed to be delaying the law’s progress and backtracking on prior commitments made to Sunni forces to secure their support for the new government.

Sunni blocs conditioned the passage of this law during negotiations to form the State Administration Coalition, which included the CF, and Kurdish and Sunni blocs, leading to Al-Sudani's government. Sunni MPs maintain that the government’s program includes enacting the Amnesty Law, canceling security checks in their provinces, and addressing the suspension or abolition of certain entities that have contributed to significant tensions.

Syria to revive rail and road links with Iraq, minister told Shafaq News, 21 JAN

 Syria to revive rail and road links with Iraq, minister told Shafaq News

Shafaq News/ Syrian Transport Minister in the new government, Bahaa al-Din Sherim, revealed, on Monday, plans to rehabilitate the railway and road networks connecting Syria to Iraq.

In an interview with Shafaq News Agency, Sherim stated that developing transportation infrastructure between Syria and Iraq "is among the priorities of the new Syrian Ministry of Transport."

He linked the speed of implementation to overcoming security obstacles, noting, "There are some challenges at present due to the security situation in the Deir ez-Zor and Hasakah regions." 

Shermi emphasized that securing the road would lead to "restoring the railway lines and completing their connection with Iraq."

He also confirmed that road maintenance would take place, adding that there may be plans to "construct new roads to enhance the transportation of goods between Syria and Iraq."

There are four official border crossings between Iraq and Syria, with a border stretching over 600 kilometers. 

This border has witnessed significant tensions since 2011 and has been a central part of the battles in the region during those years.

IRAQ STATUS, 21 JAN

 IRAQ STATUS

Highlights

Summary

• 📅 Budget Preparations: The Iraqi government is in the process of approving budget law amendments that impact the Kurdistan region’s oil costs.
• 💳 Financial Services Expansion: The CBI is focusing on expanding ATMs, which are essential for the Dinar’s anticipated value change.
• ⚖️ Bond Payment Buzz: There are reports of bond payments being processed, creating excitement among investors.
• 🔍 Economic Fundamentals: A strong economy is crucial for any changes in currency value, and the CBI will only act when confident in economic stability.

Key Insights

• 🔄 Complexity of Currency Changes: Changing a currency’s value is not a straightforward process. It requires careful consideration by the Central Bank of Iraq and necessitates a strong economic foundation. This insight emphasizes the intricate relationship between a country’s economic health and its currency value.

• 🌍 Kurdistan’s Economic Role: The budget amendments concerning the Kurdistan region highlight the importance of regional economic activities in the larger national context. Proper management of oil extraction costs is crucial for the overall stability of Iraq’s economy.

• 💼 Investor Sentiment: The buzz around bond payments indicates a level of optimism among investors, suggesting that significant movements may be on the horizon. However, the lack of concrete confirmations from reliable sources reflects the uncertainty prevalent in the market.

• 🏦 Role of the Central Bank: The CBI’s decisions will be pivotal in determining the Dinar’s future. The video highlights that change cannot occur without a solid economic foundation, implying that the bank is likely to proceed with caution.

MZ: the dinar is popping up on different aps and pairing with different crypto pairing.this is big!!

 

Republican Congressman Joe Wilson claims Iran controls Iraq, threatens US, 21 JAN

 Republican Congressman Joe Wilson claims Iran controls Iraq, threatens US

Shafaq News/ Republican Congressman Joe Wilson, a close ally of President Donald Trump, stated, on Monday, that Iran controls the government in Iraq and that its "armed factions" pose a threat to the United States.

On X, Wilson stated, "Iran has been defeated in Lebanon and Syria but still runs Iraq. Obama and Brett Mcgurk failed in their strategy to hand Iraq to Iran during the war on ISIS."

He added, "Iranian-backed militias in Iraq threaten the U.S. and our allies they must be dealt with. Trump will fix it.

During his presidency, Donald Trump took significant actions against Iranian-backed armed factions in Iraq. He notably ordered the killing of Qassem Soleimani and Abu Mahdi al-Muhandis in January 2020 to weaken these groups' influence.

The Trump administration also imposed sanctions on these groups and maintained a US military presence in Iraq to ensure stability and counter their influence. Diplomatic efforts pressured the Iraqi government to disband or integrate these factions into the regular armed forces.

“Coffee With MarkZ” Monday Morning Chat 1-20-2025, 21 JAN

 “Coffee With MarkZ” Monday Morning Chat 1-20-2025

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning,. God Bless America

Member: Happy 1st Day of the rest of our lives! Good morning, Mark

Member: Hoping this is our week for some solid news....

Member: Lots of big changes starting today……is this our week? I hope and pray it is

MZ: There is a great piece in Iraq about new bills and security features. This is a really big one 

Member: Mark: I was disappointed to see their new security feature bank notes with the zeros still intact. Why would they print up new currency if they were going to change the rate??

MZ: “CBI unveils new banknote security features” Lots of pictures and they show us on the old bills where some of these features could be and what to look for ….This is great cover for new bills and distributing the lower denominations…….this is a world class approach. With bills with new security feature- they will need to distribute the lower denominations  throughout the banks and businesses .  

MZ: This article had me awfully excited. The dinar is going to be one of the most sophisticated currencies in the world…..and it should be as imo it is about to be the most valuable currency in the world. 

Member: Iraq needs to mount coins when the value increases

Member: I heard they didn't sign the budget contract in Iraq and they got mad and walked out and rescheduled for tomorrow. I think they are waiting on Trump for some reason.

MZ: it was quite an interesting weekend in Iraq:  “ Iraq parliament Adjourns it’s session after breaking the quorum”   yesterday when it got to the budget….members threw fits  and ministers walked out. They are reconvening Tuesday at 1:00. Sudani says they are going to settle this Erbil thing and anybody who does not show up will face a One million dinar fine. If there is a new value that would be one heck of a fine. 

MZ: It would be easier if they had the new rate so the budget tables would make sense 

MZ: “A delegation from the regions finance heads to Baghdad to discuss salaries and budget amendments”  they are sending delegations back and forth to settle things by Tuesday 

MZ: “ Parliamentary finance: Amending article 12 will cost the state $7.5 billion” this is part of what the walk outs were about. 

MZ: I guess people are more motivated to do the right thing when money is on the line. 

Member: Mark look at IQD on xe and see what it says …it started showing up on Saturday

MZ: We are seeing some crazy rates and values….buckle up…its going to be a crazy couple of days. 

Member: I heard that Holly said the RV won’t happen until the USN’s are released and the Republic announced?

MZ: I was told from day one that this would happen at the same time….

Member: if Trump is signing about 200 EO’s today…..i wonder if he will slip in the reset and Nesara while he’s signing????

Member: It is going to be a wonderful week. 

Member: Thank Mark for all this encouragement. Everyone enjoy the first day of the best of our lives. 

Fernando from ATB joins the stream today. Listen to the replay for his information