Tues. AM TNT News Articles 8-30-22



Iraq lifts curfew

On Tuesday, the Iraqi army announced the lifting of the curfew that it had imposed on Monday in all parts of Iraq after the chaos and confrontations that followed Muqtada al-Sadr’s announcement of “retiring from politics” permanently, after al-Sadr asked his supporters to withdraw from the streets.

Journalists reported that al-Sadr’s supporters began withdrawing from the Green Zone in the center of the Iraqi capital, which witnessed confrontations that left 23 people dead.     link

Judicial source: There is no Federal Court session today to consider the claim to dissolve Parliament

A judicial source said that there is no session for the Federal Court, today, Tuesday, to consider the claim of dissolving the House of Representatives.

The source told {Euphrates News} that the court did not convene today “due to the official holiday and security developments near the Green Zone.”

And he indicated that “the session will be held when things return to normal in terms of security.”

It was scheduled to hold the Federal Court today, Tuesday, its session to consider the claim to dissolve the House of Representatives, but the recent developments in Baghdad and the imposition of a comprehensive curfew prevented that.  link

A legal expert sets a date for the Federal Court session to consider the case for dissolving Parliament

A legal expert has set the date for holding the Federal Supreme Court session to consider the case for dissolving the House of Representatives.

Haider Al-Sufi said in a press statement today, “The court session has not been held, given that today is an official holiday, but according to the law, it is moved to the first official working day after the holiday.”

A judicial source told Euphrates News that “there is no session of the Federal Court, today, Tuesday, to consider the claim of dissolving the House of Representatives due to the official holiday and security developments near the Green Zone.”   link

The Iraqi authorities confirm that the Green Zone was hit by 4 missiles

The government’s Security Media Cell announced today, Tuesday, that the Green Zone was bombed by four missiles, which damaged a residential complex.

The cell said in a statement received by Shafaq News Agency, “The Green Zone in Baghdad was bombed by four missiles that fell in the residential complex.” The cell added that the bombing “caused damage to the complex, as the place of its launch was from the Al-Habiba and Al-Baladiyat areas, east of the capital.”

A security source had reported earlier today that the Green Zone was bombed by Katyusha rockets. The source told Shafaq News Agency, that as a result of the bombing, the American embassy activated the sirens without knowing more details.

The dollar and gold exchange stopped trading in Baghdad

The main stock exchange for selling the dollar in the Al-Kifah and Al-Harithiya markets, as well as the “wholesale” gold markets in the Iraqi capital, Baghdad, stopped trading today, Tuesday, as a result of the comprehensive ban that has been applied since yesterday, while the dollar exchange rates rose in Erbil, the capital of Kurdistan Region.

Shafak News Agency correspondent said that the main stock exchange in Al-Kifah and Al-Harithiya markets in Baghdad, which is specialized in trading the US dollar exchange, and wholesale gold markets in Al-Nahr Street in the center of the capital, has closed its doors today, as a result of the curfew, and the security events taking place in Baghdad and a number of provinces. 

In Erbil, the capital of the Kurdistan Region, the dollar prices witnessed an increase, as the selling price reached 148,400 dinars per 100 US dollars, and the purchase price reached 148,300 dinars per 100 dollars. link

Food prices rise 20% within 24 hours, and warnings of market paralysis

The local economic expert, Salem Aziz, warned, on Tuesday, of a paralysis that will hit the Iraqi markets within 72 hours due to the developments of political and security events, noting that food prices rose by 20% within 24 hours. 

In an interview with Al-Information, Aziz said, “The average prices of fruits and vegetables and the rest of the basic food items increased by 20% in less than 24 hours due to the green events, with the increase in demand by up to 70%, which was caused by the people’s concern, which prompted the increase in purchase rates.” 

Aziz added, “80% of the products in the Iraqi markets, especially vegetables and the rest of the foodstuffs, are imported, and the chain of transport operations due to the ban on the main roads between the governorates will lead to paralysis in the markets within a maximum period of 72 hours in terms of an abnormal rise in prices, and we will be facing a crisis.”

He pointed to “the need for flexibility in the movement of convoys around the clock between the governorates with the opening of markets and giving reassurance messages to the people that reduce the intensity of purchases that began to take a wide range due to fear of the continuing green crisis. link

Source: Dinar Recaps


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