“It is Time to RV” – Mon. AM TNT Thoughts/News 12-27-21

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TNT

Ivantulafitov:
{Political: Al Furat News} The Federal Supreme Court approved the results of the House of Representatives elections in its fifth legislative session. The Federal Court rejected the case for canceling the election results and the appeal submitted regarding the quota, in the session it held this morning.  https://www.ninanews.com/Website/News/Details?key=947149 in arabic

I would guess UN was waiting for this also so maybe officially out of chap 7 then…..

Smitty76:
UN posts new rates at the beginning of the month

RVAlready:
I think they are finally getting the idea. It is time to RV and move on!!!

Imak:
I may have to apologize to my banker. He told me back in mid October he was hearing our exchange to be right after first of new year. I told him he was crazy. He said see you in January. I wonder who is going to wear the egg?

Smitty76:
It does make accounting/Bookkeeping sense to initiate your Exchange at the beginning of a quarter….So when we finally get the 800’s and set up an appointment it may be close to the first of the year, hang in there!!

Tishwash:
Announcing the timing of the decision session of the Federal Court

The Coordinating Framework’s lawyer, Muhammad Al-Saadi, revealed the hour of the Federal Court session to decide on the results of the appeals against the results of the legislative elections, according to the lawsuit filed by the framework in this regard.

Al-Saadi said in a press statement, “The Federal Court is scheduled to hold its session at 11 am today.”

He pointed out, “There is a security presence and a blocking of many roads in the vicinity of the streets leading to the court in Baghdad. The session was held and the demonstrations against the election results began, which caused traffic jams.”

The Federal Court decided to conclude the pleading last Wednesday and set 12/26/2021 as the date for issuing the decision in the case after hearing the last pleas and requests of the two parties in the lawsuit filed from the coordination framework regarding the election results, but it was postponed until today because Sunday was considered an official holiday on the occasion of holidays The birth of Jesus (PBUH)

link

Planning: Positive indicators for the economy will rise

Today, Monday, the Ministry of Planning announced an increase in positive indicators for the economy in 2021, while identifying factors to increase the movement of the economic wheel.

Abdul-Zahra Al-Hindawi said, in an interview with the Iraqi News Agency and followed by “Economy News”, that “the rise in the prices of goods and commodities worldwide came due to the interruption of the supply chain between the countries of the world, which led to a scarcity of materials and an increase in demand for them, whose price will certainly rise.” 

Regarding economic indicators and readings after changing the exchange rate, and Iraq’s reliance on the local product, Al-Hindawi explained, “The reading and the emergence of results will be after two years at least,” noting that “the return of life to normal and the suspension of the embargo measures related to Corona contributed to the rotation of the economic activity in a way.” general”.

He stressed, “All economic development movement has positive results and effects on reality,” noting that “the ministry has not prepared a report on economic indicators during the year 2021 because the year has not ended yet, but there is an improvement in many joints.” 

He pointed out that “all the projects that were suspended, work has resumed, as the government projects that were suspended due to the financial and economic crisis,” stressing that “the movement of these projects generates job opportunities.” 

He added, “Those who lost their jobs in the past year 2020, returned to it, which helped in the economic movement, as well as many projects in the private sector, in the field of housing and in other fields, and they began to work, all of these are positive indicators in the year 2021.”

And he stated, “Inflation is calculated according to indicators, including the rise and fall of the local currency, the increase in demand for goods from existing goods and the presence of a monetary mass in circulation, as well as what prices are witnessing worldwide.”

And he concluded, by saying: “Inflation in all countries has risen, as a result of the rise in food prices in the global market, and the smoothness of supply between countries has stopped due to the pandemic  link

Iraq: An explosion targets a coalition convoy on its way to Kuwait (photos) (12/27)

The Security Media Cell announced, on Monday, the targeting of the withdrawing international coalition forces on the highway in Al-Diwaniyah Governorate.

A statement of the cell received by NRT Arabic, a copy of it, (December 27, 2021), stated that “an explosive device targeted a convoy carrying military equipment of the International Coalition retreating towards Basra Governorate on its way to the State of Kuwait, on the highway in Diwaniyah Governorate.”

The statement added, “The bomb caused material damage to one of the wheels of the convoy. link

Source: Dinar Recaps

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