Bond Lady’s Corner Iraqi News Monday AM/PM 5-17-21

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Iraqi News Monday AM 5-17-21

TLM724 Administrator Bond Lady’s Corner

Representative Finance: The Scheduling Of Exchange Rates Is Not Subject To Monetary Policy

Author: AhadNA4 On 5/16/2021 – 5:21 PM 207

On Sunday, the Parliamentary Finance Committee described setting up a schedule of the dollar’s exchange rate as it is now for four years as “illogical”.

A member of the committee, MP Muhammad al-Shabaki, said in a statement followed by Al-Ahed News, that “setting a schedule for four years to restore the dollar exchange rates to normal is illogical and contains many inaccuracies,” indicating that “the scheduling of exchange rates is not subject to monetary policy.”

He added, “The increase in exchange rates was part of the government’s monetary policy to fill the deficit in some economic areas, and this matter cannot be generalized to the rest of the years.”

He pointed out that “the determination of exchange rates and monetary policy shall be annually according to the needs of the state.”   https://alahadnews.net/196361/%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af/

The Largest Power Plant In Iraq Is Preparing To Enter Service

Energy   Al-Aqsad News _ Baghdad   Wasit Governorate announced, on Monday, the imminent completion of the maintenance of all generating units of Al-Zubaidiyah Thermal Power Station and bringing them into service with full design capacity of 2540 megawatts, which is one of the largest stations in the country.

Wasit Governor Muhammad Jamil Al-Mayahi said in a statement seen by “Al-Eqtisad News”, that “the technical and engineering staff of the Ministry of Electricity reached 80 percent of the campaign for the maintenance of the obstetric units in the Zubaidiya electrical thermal station, and it is hoped that the current week will witness the completion of the maintenance and introduction of all obstetric units. For the service after linking it within the national network.

Al-Mayahi stated that “the station is currently working with local fuel extracted from the Ahdab oil field and not with imported fuel, after the completion of the pipelines for transporting fuel to operate them with two lines, the first was allocated to transport liquid fuel and the second to transport gaseous fuel.”

He added, “In the event that the station’s maintenance is completed, it will produce 2540 megawatts, which will contribute to giving the governorate its full share of electrical energy and achieving self-sufficiency not only for homes, but also for factories and agricultural projects.”

Number of observations 1759 Date of addendum 05/17/2021

https://economy-news.net/content.php?id=25083

The High Price Of The Dollar In The Iraqi Market

Pratha News Agency123 2021-05-17   The exchange rate of the dollar rose today, Monday, against the Iraqi dinar on the main stock exchange in the Iraqi capital, Baghdad.

Today, the Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 148,500 Iraqi dinars for 100 US dollars.

The selling and buying prices increased in the exchange shops in the local markets in Baghdad, where the selling price reached 149,000 dinars, while the purchase price reached 148,000 dinars per 100 dollars.

http://burathanews.com/arabic/economic/392578

Decision-Makers In The Country

Monday 17, May 2021 10:12 | Economical Views: 371  Baghdad / NINA / The expert in economic affairs, Raad Twig, said that excluding Iraq from the International Davos Forum held last month is a wake-up call for decision-makers in the country.

Twig said in a statement to the Iraqi National News Agency / NINA / that “the Davos International Forum is a global economic forum that discusses economic developments in the world, and the exclusion of Iraq from it for the lack of quality education, whether at the level of higher and primary education, represents a warning bell for decision-makers in the country, so institutions must Al-Iraqiya should not listen to this warning, update economic policies, and change the essence of education in Iraq in order for it to be productive education. “

He added: “In practice, the quality of education is the first step towards building an economy that can support 40 million people, which will double to 80 million after two decades, and this represents a wake-up call for decision-makers in the country to put the right man in the right place in the leadership of distinguished economic and educational institutions. Stereotyped. “

Twig stressed “the necessity to search for scientific methods to start from the state of immersion in the static and monotonous economy, and to launch a major economic process to obtain high growth rates equivalent to the high population growth rate”, indicating: “The projections for annual growth rates in Iraq indicate 1.8%, and it is necessary.” From the acceleration of major, immediate, real and realistic economic development, and the necessity of keeping political interference away from economic reality.

He continued, “Improving the quality of education is not by training a number of students on specific exams, but by spreading knowledge collectively to the Iraqi community as a whole and not in a piecemeal fashion, and that will have an economic impact on society, which will raise the name of Iraq high in Davos and other forums.” / End 8    https://ninanews.com/Website/News/Details?key=904744

Oil Prices Record A New High

Pratha News Agency100 2021-05-17 Today, Monday, oil prices increased due to instability in the Middle East region, after Israel launched a major attack on the Gaza Strip, which threatens its expansion and its impact on the surrounding oil-rich areas, but a new wave of Covid-19 restrictions in Asia raises concerns From low demand.

Brent crude futures rose 5 cents, or 0.08%, to $ 68.77 a barrel by 05:36 GMT, while West Texas Intermediate crude increased 7 cents, or 0.1%, to $ 65.42.

The two decades jumped about 2.5% on Friday and were able to make slight gains last week, marking the third consecutive weekly increase.

Tensions increased in the Middle East after Israel launched a major attack on the Gaza Strip, threatening a war that could expand in the region and threaten foreign companies operating in the oil fields in the region and stop them from working.

However, the recovery of the main US pipeline network from supply concerns and a new wave of Covid-19 restrictions in Asia has brought back fears of reduced demand.   http://burathanews.com/arabic/economic/392574

Source: Dinar Recaps


More Iraqi News Monday PM 5-17-21

TLM724 Administrator Bond Lady’s Corner

Warnings Of The Ability Of Corrupt Money To Buy The Receivables Of The Media To Defend Those involved

05/16/2021 22:17    The number of readings 1708    Section: Popular topics  Baghdad / Al-Masala: Media machines are competing to market targeted programs that question government efforts to combat corruption, and promote journalists defending those accused of corruption, under the pretext that the targeting is primarily political, in an attempt to dissuade the fight against corruption in Iraqi state institutions from its role.

And analyzes suggest that the media coverage of the corrupt is an attempt to discourage an anticipated campaign by the Anti-Corruption Commission to arrest MPs, officials and influential officials involved in stealing public money.

One of these warnings was launched on Sunday, May 16, 2021, according to which a group of writers and journalists intend to launch a media campaign questioning the intentions and goals of the Anti-Corruption Committee.

The Iraqi Center for Fighting Rumors warned of the emergence of a new wave of Those who claim to be writers and journalists openly defend the corrupt.

The center said in a statement that, in conjunction with the series of investigations into corruption files conducted by the Supreme Anti-Corruption Committee, a wave of those claiming to be writers and journalists appears with articles containing inciting speech against leaders and employees in The Supreme Committee for Combating Corruption aims to demoralize employees and their collaborators and betray them.

On March 27, 2021, the Prime Minister, Mustafa Al-Kazemi, considered the accusations directed to the Anti-Corruption Committee as an attempt to discredit it, indicating that the Anti-Corruption Committee is subject to accusations. The abuse of officials arrested on charges of corruption, and there is a distortion of the reputation of that committee.

Such media activities that favor corrupt individuals are a serious indication of the ability of those involved to buy media professionals, to defend them.

The center said that this segment, which claims to be opinion leaders and represents society, must warn the corrupt and work to expose their corruption better than the language of threat and incitement against the supervisory authorities whose duty is to open the files of those who have stolen and looted and to remember that all investigative measures are under supervision The judiciary has the final say in the files of corruption.

It hosts satellite channels and media outlets, analysts, MPs and politicians talking about the need to fight corruption, while these satellite channels and the media itself are accused of being funded by public money stolen from the state.

The center called The media should not host such personalities that use attractive headlines and misleading content that are not based on facts.  https://almasalah.com/ar/News/209334/تحذيرات-من-قدرة-المال-الفاسد-على-شراء-ذمم-وسائل-اعلام-للدفاع-عن-المتورطين

An American Report Suggests That The Iraqi Air Force Will Abandon The F-16s

Security   Monday 17 May 2021 | 1:50 p.m.| Views: 55  The Iraqi Air Force may in the future abandon the use of the US “F-16IQ Fighting Falcon” multi -role fighters , according to a report in the American Military Watch newspaper .

According to the newspaper’s report, the Iraqi army is currently using 34 American lightweight F-16IQ Fighting Falcon fighters received in the years 2014-2017, indicating that the maintenance of these aircraft depends on American technical experts who may withdraw from Iraq due to changes in the political situation. There.

According to the newspaper, the Iraqi military leadership has begun to consider purchasing modern warplanes.  The newspaper says that, last August, senior Iraqi military officials announced their desire to acquire the “Su-57” plane as the most powerful fighter in the Russian army, but Iraq’s budget does not allow the purchase of this fighter because of its high price .

As for the “MiG-29” and “MiG-35” fighters, according to the newspaper, they can help Iraqi air force pilots gain the necessary competence to command fighters such as the “Su-57” and “Su-30SM2” Russian-made .

Moreover, the “MiG-29” is equipped with air-to-air missiles with active self-guided radar warheads. As for the American counterparts, the AIM-120C, they were not supplied to Iraq. Therefore, advanced Russian weapons may be another incentive for Iraq to buy Russian fighters .

All this led the American newspaper to conclude that the MiG-29 fighter jets may be an important complement to the weapons systems that Iraq buys in Russia .

The newspaper recalled that Iraq is currently studying the possibility of purchasing the Russian “S-40” anti-air system.    https://aynaliraqnews.com/index.php?aa=news&id22=147575

The New Commander Of The NATO Mission Decides On The Tasks Of Their Forces In Iraq

Time: 05/17/2021 16:04:47 Read: 1,092 times   {Iraq: Al Furat News} The National Security Adviser, Qasim Al-Araji, discussed today, Monday, with the new commander of the NATO mission in Iraq, Lieutenant General Michael Lawsard, the mission’s work and training missions in Iraq, which are related to developing training capabilities for Iraqi forces and providing advice.

According to the statement of his office, Al-Furat News received a copy of it, that “the new commander of the NATO mission presented a summary of the mission’s work and its specific tasks,” stressing that “there is no combat force inside Iraq, but the mission’s work is limited to training and advisory tasks, within the framework of cooperation between Iraq and NATO to support the capabilities of the Iraqi forces in counseling and training.

For his part, Al-Araji stressed that “the Iraqi forces have made great strides in the field of combat experience,” noting that “cooperation with NATO falls within the framework of the need to develop the training side, which is an important factor to strengthen the capabilities of our security forces and keep abreast of developments in this field.”   LINK

The New Commander Of The NATO Mission Decides On The Tasks Of Their Forces In Iraq

Time: 05/17/2021 16:04:47 Read: 1,092 times  {Iraq: Al Furat News} The National Security Adviser, Qasim Al-Araji, discussed today, Monday, with the new commander of the NATO mission in Iraq, Lieutenant General Michael Lawsard, the mission’s work and training missions in Iraq, which are related to developing training capabilities for Iraqi forces and providing advice.

According to the statement of his office, Al-Furat News received a copy of it, that “the new commander of the NATO mission presented a summary of the mission’s work and its specific tasks,” stressing that “there is no combat force inside Iraq, but the mission’s work is limited to training and advisory tasks, within the framework of cooperation between Iraq and NATO to support the capabilities of the Iraqi forces in counseling and training.

For his part, Al-Araji stressed that “the Iraqi forces have made great strides in the field of combat experience,” noting that “cooperation with NATO falls within the framework of the need to develop the training side, which is an important factor to strengthen the capabilities of our security forces and keep abreast of developments in this field.”   LINK

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

Source: Dinar Recaps

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