“We Await Outcome of UN Meetings” – Thurs. PM KTFA Thoughts/News 9-22-22

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Samson » September 22nd, 2022

France’s Total refuses to complete a $27 billion contract with the national oil company

22nd September, 2022

The independent deputy, Basem Khashan, revealed today, Thursday, the reason for the French company’s refusal to complete a contract worth 27 billion dollars with the National Oil Company

Khashan wrote in a Facebook post, saying, “The French Total refused to complete a contract worth 27 billion dollars because of its refusal to participate in the National Oil Company, which the new government and parliament have not yet announced its full legal status,” stressing that “this is a direct indication of the illegality of this transaction.” the company

He added, “The decision issued by the Federal Court yesterday cut the way for this deal and other deals that the Minister of Oil and Al-Kazemi wanted to complete before their departure to ensure a very appropriate retirement  LINK

Pete2001 » September 22nd, 2022

this seems like an important article….not sure which way this points to for our investment, imo

Samson » September 22nd, 2022

Al-Kazemi meets his Kuwaiti counterpart in New York

21st September, 2022

Wednesday, Prime Minister Mustafa Al-Kazemi met his Kuwaiti counterprart Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah in New York. 

And the Prime Minister’s media office said, in a brief statement received by “Al-Naeem News”, that “Prime Minister Mustafa Al-Kazemi met in New York with Kuwaiti Prime Minister Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah.”  LINK

The Minister of Foreign Affairs discusses with his Saudi counterpart the bilateral relations between the two countries

09/22/2022 18:18:50

Foreign Minister Fouad Hussein discussed, today, Thursday, with his Saudi counterpart, the bilateral relations between the two countries.

In a statement received by Al-Furat News, Foreign Ministry spokesman Ahmed Al-Sahaf said, “Foreign Minister Fouad Hussein met with his Saudi counterpart, Faisal bin Farhan, the bilateral relations between the two countries and ways to advance them to serve the interests of the two peoples.”  LINK

Oil prices continue to rise amid fears of tight supplies

22nd September, 2022

Oil rebounded today, Thursday, as fears of tight supplies with the onset of winter overshadowed fears of a global recession

Brent crude futures rose 50 cents, or 0.6%, to $90.33 a barrel by 03:19 GMT, offsetting losses in early Asian trade, and US West Texas Intermediate crude rose 45 cents to $83.39. Both benchmarks fell to nearly two-week lows on Wednesday after the US Federal Reserve raised interest rates by 75 basis points for a third time to tame inflation

Meanwhile, some Chinese refineries are considering increasing operations in October, eyeing increased demand and a possible reversal of Beijing’s fuel export policy, which could boost demand for crude oil but analysts at “Citi” said in a note that oil prices remain under selling pressure due to the build-up of inventories and the deteriorating economic outlook

US crude stocks rose by 1.1 million barrels in the week ending September 16 to 430.8 million barrels

A higher dollar also put a lid on oil price gains as it makes crude oil more expensive for many buyers. The dollar index touched a 20-year high against a basket of other currencies on Wednesday  LINK

3 years in prison for a former local official and his employees in Tikrit

22nd September, 2022

Today, Thursday, the Iraqi judiciary issued a 3-year prison sentence against a former local official and two employees in the city of Tikrit, Salah al-Din Governorate. 

An official source told Shafaq News Agency, that a court ruling was issued today against Omar Al-Jarad, the former director of Tikrit municipality, and the employees in his office, “Ahmed Mazhar” and “Nazim al-Samarrai”, to imprisonment for 3 years in corruption cases.  LINK

DoTalkToMe » September 22nd, 2022

We await outcome of UN meetings. The excruciatingly long labor pains are going to give birth….and this BABY is about to come forth and temperarily save the world’s economy from imploding. IMO

Billuke » September 22nd, 2022

I posted this reply several times in past years….Baby? It’s been so long, it should give birth to an adult. 

Samson » September 22nd, 2022

Imprisonment and imprisonment of a general manager at the Investment Authority and an officer of the Interior

22nd September, 2022

The Federal Integrity Commission announced today, Thursday, the issuance of two verdicts convicting a former director general in the National Investment Commission, and a liaison officer between the ministries of interior and health.

The commission’s investigation department said, in a statement received by Shafaq News Agency, that the Rusafa and Al-Muthanna Criminal Courts, which are specialized in integrity issues, issued two sentences of imprisonment and imprisonment in the presence of the former Director-General of the Relations and Promotion Department in the National Investment Commission, and a liaison officer between the Ministry of Interior and the Muthanna Health Department.

The circuit added that the Rusafa Misdemeanor Court issued a prison sentence with enforcement against the accused, the Director-General, on the issue of exploiting his position to recruit foreign workers and diverting them outside the workplace.

She explained that the Al-Muthanna Criminal Court, which is specialized in integrity issues, issued a sentence of imprisonment for five years and one month, and a fine of (23,000,000) million dinars on the accused who holds the position of liaison officer between the Ministry of Interior and the Muthanna Health Department; for appointing (38) policemen by a forged ministerial order, pointing out that the court issued the ruling; 

According to the provisions of Article (289) of the Penal Code. She emphasized that the two courts, after reviewing the evidence obtained in these two cases, found it sufficient and convincing to convict the accused.  LINK

In the document: The judiciary decides to bring in the Minister of Oil and a number of ministry officials

22nd September, 2022

The Baghdad / Karkh Court of Appeal decided to bring in the Minister of Oil, Ihsan Abdul-Jabbar, against the background of the seizure of privileged lands belonging to the Central Oil Company

And a document seen by Al-Ghad Press stated, “This court is conducting an investigation into the information attributed to the National Oil Company, which includes the seizure of privileged lands belonging to the Central Oil Company in the Mansour area and selling them in violation of the law of selling and renting state funds, and in order to complete the fundamental investigations, the court decided to bring in the accused.”

Each of (Ihsan Abdul-Jabbar Ismail, Firas Ali Muhammad Sadiq, Hamid Younis Saleh and Qaddouri Abdul Salim) according to the provisions of Article 316 of the Penal Code, for the accusation of exploiting their jobs and unlawfully seizing the plot of land numbered (7/18, District 20 Daoudi) owned by the Central Oil Company  LINK

Massive protests continue in Iran (video)

22nd September, 2022

Today, Thursday, a video clip showed the continuation of massive protests in Iran against the background of the killing of Mahsa Amini.

The video received by (Baghdad Today) shows the massive protests that roam the Iranian streets in light of the continuation of the demonstrations and their movement to most parts of the country against the background of the death of the Kurdish young woman, Mahsa Amini, hours after her arrest by the morality police” because of the way she wore the hijab.”

Earlier this week, the Iranian authorities confirmed the deaths of 3 people during popular unrest following the death of the young woman, Mahsa Amini, while in police custody, but sought to exclude any responsibility of the security forces for this, saying that the killing of the protesters was “suspicious.”

Protests over the killing of Amini continued in several cities, including the capital, Tehran, at a time when the police announced the arrest of 22 demonstrators, and the United Nations expressed concern about the Iranian government’s response to the protests and 22-year-old Mahsa Amini died last Friday, after she fell into a coma after she was arrested by the morality police in Tehran for her “improper dress”, which sparked outrage across the country and protests in many regions.

VIDEO LINK   LINK

Source: Dinar Recaps


Samson » September 22nd, 2022

Hungarian Prime Minister: Europe Has Lost 4 Governments Due To Sanctions On Russia And They Must Be Lifted

22nd September, 2022

Hungarian Prime Minister Viktor Orban said that if sanctions against Russia are lifted, prices and inflation will fall immediately in Europe, and its economy will have a chance to recover and avoid recession.

At a meeting of the ruling coalition of Fidesz parties and the Christian Democratic People’s Party, Orbán stressed that “if the sanctions are lifted, prices will immediately fall by half, and inflation will also go down. Without sanctions, the European economy will recover and can avoid the imminent recession,” he said, reiterating that sanctions are the cause of economic problems, the energy crisis and inflation.

He pointed out that “when these sanctions were imposed in Brussels at the beginning of the summer, the European bureaucrats did not promise to do so, and promised that the sanctions would hit Russia, not the Europeans. 

Since then, it has become clear that the imposed sanctions do more harm to Europe than Russia,” he said, calling on members of the ruling coalition to “do everything in their power to have Europe lift these sanctions no later than the end of the year.”

The Hungarian Prime Minister has constantly criticized the European Union for its anti-Russian policy, noting that “there are thousands of sanctions against Russia, but they have not shaken Moscow, while Europe has lost four governments and is suffering from a deep economic and political crisis.” In addition, the EU countries missed the opportunity to mediate the conflict in Ukraine, because they could not guarantee the implementation of the Minsk agreements.  LINK

Lebanese banks suspend their work indefinitely after a wave of depositors’ intrusions

21st September, 2022

The Association of Banks in Lebanon said in a statement, on Wednesday, that Lebanese banks will remain closed indefinitely, noting the continued “risks” facing employees after a series of raids on banks last week.

The association said in a statement: “As a result of the intensive contacts made by the association with the concerned authorities, and because the risks still befall bank employees and their customers… the banks will keep their doors forcibly closed at the present time, especially in the absence of any measures or even reassurances from the state and security authorities. All with the aim of ensuring a safe working environment.”

The banks had planned to reopen their doors tomorrow, Thursday, after a three-day closure announced last week, after a total of seven banks were subjected to raids by depositors seeking to obtain their savings.  LINK

Source: Dinar Recaps

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