“Things are Bigger than Many See” – Sat. PM KTFA Thoughts, News w/ MilitiaMan 8-20-22

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Samson » August 20th, 2022

Legal expert: Execution for the minister who perjures the oath and endangers Iraq’s security and stability

19th August, 2022

The Iraqi legal expert, Ali Al-Tamimi, answered, on Friday, the obelisk’s question about the punishment of the minister who perjures the oath.

Below is Al-Tamimi’s answer:

1. If the minister violates the text of the oath contained in Article 50 of the Constitution, then he has intended to prejudice the security and independence of the country, which he has sworn to abide by.. The penalty for that is the death penalty according to Article 156 of the Penal Code, which punishes the death penalty for anyone who works against the security and independence of the country or work on it.

2. The person who initiates the legal procedures is Parliament, as an agent of the people, and the Public Prosecution, as it represents the people, and according to Articles 2 and 5 of its Law 49 of 2017. As well as the Integrity Commission under its Law 30 of 2011.

3. As for the verification of the video, it shall be from the investigation court by means of criminal evidence.

4. The penalty applies to those who incite him to commit the act with the same penalty according to Articles 47, 48 and 49 of the Iraqi Penal Code.  LINK

Suzie » August 20th, 2022

Thought the EFSL was going to help all this,  Iraq better get a move on, I don’t see a new exchange rate in the near future based on Iraq’s and the world’s news of what’s happening there, just MY OPINION! 

MilitiaMan » August 20th, 2022

I am not sure what news globally, regionally and or even locally that makes you feel that there is to much going on for this not to happen anytime soon. I don’t see anything that would suggest that Sadr and Kahdimi don’t have the Citizens in mind and their needs met in a hurry. 

They clearly do. The article #37 Samson brought talks about the dissolution is the best option and then we see Sadr have words to take it even further now about what he expects. After today negotiations apparently go away. I guess, my view is different in that what we are witnessing is that there is a battle between the CF and Sadrists.. That battle is coming to a head and fast. Sadr will have no further secret dialogue.

As for a parallel issue on finance and the political side of things, Iraq is to have a summit with GCC countries Monday. That is the AMF by extension. That means they will be talking about currency.

We just saw in the news today on the study done by the AMF on how positive news affects exchange rates.. If they dissolve parliament in a constitutional manner and it is legal, then there will be stability in the eyes of the citizens, the region and the international community.

All of which are watching and converging for the same thing. The UN yesterday told us that the political issue is not impossible and the reforms can go forward.

This legal expert today comes out and has a few words about Ministers not doing holding their oath or effectively doing their job for the citizens could be a death sentence. That is a big deal. And today Sadr just fired off a big bullet… imo.. Things are bigger than many see and it is coming to a head very fast now.. imo ~ MM

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The political crisis confuses the citizen: the poor are getting poorer and the employees are worried

“Dissolving Parliament may be the best option to get out of the upcoming political and economic crisis.”

LINK

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Iraqi cleric Moqtada Al Sadr says deadlock will continue if demands not meLINK

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“Mr Al Asadi, who led the Sadrist-linked Al Ahrar bloc in parliament, said the cleric “believes those people have occupied government positions and we have not seen any good come out of it.” “He is a firm believer in the capability of specialists to lead the country and that was the main reason why he’s objected to the people presented by the framework,” he said.

“We need to see changes on the ground because Iraqi people are not going to tolerate or accept new failures and without planning and drawing policies we cannot go further.” Instead, Mr Al Sadr has been calling for the dissolving of the parliament and for early elections. “These are very easy demands to implement by the government and political parties if they are serious about reforms and changes,” Mr Al Asadi said.” LINK

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Al-Sadr: There is no secret dialogue after today, and wait for my next step

20th August, 2022

The leader of the Sadrist movement, Muqtada al-Sadr, announced on Saturday that he had submitted a proposal to the United Nations to sponsor a public debate with the “political parties”, but he did not receive a tangible response from them, while stressing that there is no secret dialogue after today.

Al-Sadr said in a tweet seen by Shafak News Agency, O beloved Iraqi people, we would like to inform you that we submitted a proposal to the United Nations (for a dialogue session) but rather a public (debate) and a live broadcast .. with all political parties, we did not see a tangible response from them, and the answer was through The mediator gave an answer that neither sufficed nor fattened from starvation, and their answer did not include anything about reform, the demands of the revolutionaries, nor what the people are suffering from.. 

They did not give what is happening any importance at all. Therefore, we ask everyone to wait for our other step towards the policy of ignoring what happened to Iraq and its people because of Corruption and dependency.

He added, “Do not expect us to have a new secret dialogue after that.. I do not hide anything from my people, and I will not sit with the corrupt and those who want evil or (to kill) or harm those who belong to us, the Al-Sadr family, and I have waived a lot for the sake of the people and civil peace. From fixing what has been spoiled to save Iraq.”   LINK

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ATPinfinity » August 20th, 2022

Al-Sadr: There is no secret dialogue after today, and wait for my next step

WHY WOULD HE SAY TODAY?   CREDIT:THANKS Militia man

TIMES UP?????? MAYBE ARAB BANKING CONTROL’S……………………….. THE AGENDA NOW.

Samson » August 20th, 2022

The Arab Monetary Fund Issues A Study Entitled “Analysis Of Symmetric And Asymmetric Information In The Structure Of Fluctuation In Real Exchange Rates”

20th August, 2022

The results of the symmetry analysis showed that symmetric information has an equivalent effect on the returns on real exchange rates in most Arab countries.

The results of the information asymmetry study showed that positive news has statistically significant effects on exchange rate returns compared to negative news.

The study provides basic information for policy makers to take decisions that contribute to strengthening the exchange markets in the Arab countries.

Understanding the structure of fluctuations in foreign exchange rates is fundamental to assessing the risk of investing in the exchange rate (forex) market. Therefore, the study aims to analyze the symmetric and asymmetric information in the structure of exchange rate fluctuations in the Arab countries.

The study applied the (EGARCH) model to analyze the volatility structure of the selected currencies using the daily data of the rate of return on real exchange rates during the period from January 3, 2017 to June 2, 2022, including the Saudi riyal, the Kuwaiti dinar, the Bahraini dinar, the Egyptian pound, the Algerian dinar, the Tunisian dinar, the Moroccan dirham.

The results of the analysis of symmetric information indicate that the returns of the real exchange rate markets under study are affected by the information of a symmetric nature, and that the memory of exchange rate fluctuations is more affected by the previous information, and it persists for some time, except for the Kuwaiti exchange rate which shows better stability. 

On the other hand, the results of the analysis of asymmetric information indicate that real exchange rate returns in Saudi Arabia, Egypt and Algeria are significantly affected by information of asymmetric nature, and that exchange rate returns are significantly affected by positive news more than negative news. However, neither positive nor negative information or news had any statistically significant effect on the returns of the real exchange rate markets in Kuwait, Bahrain, Tunisia and Morocco.

 Also, the exchange rate markets of Kuwait, Bahrain, Tunisia and Morocco are not subject to the effects of asymmetric information.

The results of the study provide important information for policy makers and investors in the exchange rate (forex) markets in the Arab region to take decisions that enhance the stability of the exchange markets in the Arab countries. LINK

The full version of the study is available at the link

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MilitiaMan » August 20th, 2022

Well well.. Look at the preemptive study that had been on going for 5 years. There is a meeting in Egypt that includes Iraq on Monday.. Think about the good news that will come once the international exchange rate of Iraq is placed in the AMF basket of currencies.. All boats rise with the tide... lol ~ MM

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Samson » August 20th, 2022

Al-Kazemi to Egypt to attend an Arab summit

2022-08-20 

The Iraqi Prime Minister, Mustafa Al-Kazemi is scheduled to travel to the Republic of Egypt in the next two days to participate in an Arab summit.

A government source told Shafaq News Agency, that the Council of Ministers will hold its session tomorrow, Sunday, due to Al-Kazemi’s travel to Cairo on Monday, to participate in an Arab summit in which: Iraq, Egypt, Jordan, the UAE and Qatar will participate.

The source explained that the summit will discuss security and intelligence files, in addition to economic and political files, and the situation in the region in general.    LINK

Source: Dinar Recaps

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