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Tishwash:
Two civilians were injured in a bombing targeting the house of the Iraqi Parliament Speaker
Security sources reported that two people were wounded by Katyusha rockets targeting the house of the new Iraqi parliament speaker, Muhammad al-Halbousi, in the Karma area of Anbar Governorate (118 kilometers west of Baghdad).
The sources indicated that 3 Katyusha rockets landed this evening (Tuesday) in the vicinity of the house of Parliament Speaker Muhammad al-Halbousi in the Karma area, injuring two people, according to what was reported by the German News Agency.
There was no comment from the Iraqi Joint Operations Command about the bombing link
A government move to form a sovereign fund in Iraq that was supposed to work 18 years ago
The Prime Minister’s advisor, Mazhar Muhammad Salih, considered today, Wednesday, that the sovereign funds are “not difficult”, and he also said that they were supposed to work 18 years ago, that is, after the fall of the regime of former President S****m Hussein.
Saleh said in an interview with Shafaq News Agency, “The sovereign funds that countries take are not difficult to establish, and they are part of the financial surpluses that come to protect the national economy in times of crisis or when prices drop, and they are called stability funds,” describing “such an approach as positive, logical and correct.” And the budget was supposed to have taken it 18 years ago.”
He added, “There is a tendency at the present time by the Iraqi government to establish a stability or sovereign fund to protect the public budget and the Iraqi economy.”
Saleh also pointed out that “sovereign funds have many and varied names,” noting that “the Generation Fund is whenever there are large surpluses of funds, and when the desires of the current generation are not at the expense of the desires and aspirations of the next generation, then certain sums are provided to them from The money will therefore have current and future protection for future generations.”
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A sovereign wealth fund or sovereign funds is a state-owned fund consisting of assets such as land, shares, bonds or other investment devices, and these funds can be described as entities that manage state surpluses for investment and promise billions of dollars invested by states in stocks and bonds.
Iraq: The Federal Supreme Court decides the constitutionality of the first parliament session
Today, Tuesday, the Federal Supreme Court of Iraq decided to reject the lawsuit regarding the constitutionality of the first session of Parliament, which was held on January 9th.
The court decided to cancel the state order issued on January 13 to stop the work of the parliament’s presidency, based on the lawsuit submitted by the two representatives; The independent Bassem Khazal Khashan, and a member of the “Azm” coalition, MP Mahmoud al-Mashhadani.
The Federal Court first considered a lawsuit filed by two representatives of the Shiite “coordinating framework”; They are: Alia Nassif and Atwan Al-Atwani, regarding the violations that accompanied the first session of the Iraqi parliament regarding the most numerous parliamentary bloc registered in the first session of the parliament, and the court decided to postpone consideration of the case until February 1 next to complete the discussions.
On the 13th of this month, the court issued a state order to stop the work of the elected Iraqi parliament, headed by Muhammad al-Halbousi and his two deputies, based on the lawsuit.
On the 19th of this month, the court held a first public session devoted to hearing the testimonies of the parties to the case about the disturbances that accompanied the first session of the Iraqi parliament, which caused the transfer of the elderly member of Parliament, Representative Mahmoud al-Mashhadani, who presided over the opening session, to the hospital after he fell ill.
The court judge decided to adjourn the session in order to check the case papers.
The political circles in Iraq are awaiting the outcome of events regarding the expected decision of the court on the constitutionality of the first session of Parliament in order to proceed with the constitutional entitlements to complete building the pillars of the political process represented in electing a candidate for the post of President of the Republic no later than the 9th of next month and assigning a candidate to form the new Iraqi government link
Source: Dinar Recaps
Tishwash:
Economist: Iraq may get half a trillion dollars annually if it is linked to the Silk Road
Economic analyst Younis Al-Kaabi said, on Wednesday, that if Iraq agreed to the Silk Road project, it would generate revenues of more than $500 billion annually, while referring to the project, which would revive the entire economic aspect of the country.
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Al-Kaabi told the agency, “Information”, that “the initiative put forward by China, which includes more than 64 countries, is not just a transportation road project, but a package of important economic projects such as transportation, tourism, and the establishment of industries and oil and industrial facilities,” noting that “the project also includes the construction of roads.” Fast, ports and transportation lines shorten the long sea routes that are now used by global maritime trade.”
He added, “Iraq has not yet taken a decision about its approval of the Silk Road project. If approved, it will not bear any costs related to the project, but the entire initiative will bear China’s high costs,” noting that “the volume of investment in the project is currently approximately $500 billion, and it is possible that Iraq’s revenues from revenues through transit will be much more than this number, because most of global trade will pass through Iraq.”
Al-Kaabi explained, “The revenues of the Silk Road will be the first and main axis that enters Iraq, followed by oil, meaning that it will reduce its dependence on the oil side only,” stressing that “the project will revive the entire economic aspect of the country and even the country’s infrastructure will change to be compatible with China’s standards for the establishment of this road.” Global”.
The analyst concluded by saying, “China will try to transfer its industries and establish new industries to the countries that participate in this initiative to shorten costs and be at preferential prices, and thus provide many job opportunities in establishing this road and in the industries that follow it link
Source: Dinar Recaps
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