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Mon. PM KTFA News Articles/Thoughts 10-10-22

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Samson » October 10th, 2022

Al-Mandalawi: A request signed by 170 deputies to hold a session to elect the President of the Republic next Wednesday

10/10/2022 15:06:13

First Deputy Speaker of Parliament Mohsen Al-Mandalawi revealed today, Monday, that he had received a request signed by 170 deputies to hold a session to elect the president of the republic.

A parliamentary source told Al-Furat News: “Al-Mandalawi received a request signed by 170 deputies to hold a session to elect the president of the republic next Wednesday.” 

He added, “Al-Mandlawi promised that the request would be discussed and decided upon by the parliament’s presidency.”    LINK

A request signed by 170 deputies to elect the President of the Republic in Wednesday’s session

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10th October, 2022

The deputy of the Coordination Framework, Ibtisam Al-Hilali, announced on Monday that he had submitted a request signed by 170 deputies to hold the presidential election session next Wednesday.

Al-Hilali told Shafaq News Agency, “Members of Parliament and from different political blocs collected more than 170 signatures to hold a session on Wednesday to elect the President of the Republic,” explaining that “the request was submitted during today’s session to the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi.”

She explained that “Al-Mandlawi will meet this evening with Parliament Speaker Muhammad al-Halbousi to discuss and consider the request, and in the event the parliament’s presidency approves, Wednesday’s session will be dedicated to electing the president of the republic.”

In this context, the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, noted, according to a statement by the Media Department of the House of Representatives received by Shafak News Agency, to submit a request signed by 170 deputies to hold a session to elect the President of the Republic next Wednesday, noting that “the Presidency of the Council will discuss the request and decide on it.” LINK

Zeeman » October 10th, 2022

its been a one year delta since the (Iraqi) elections, i would like to thank malaki his party the federal court and iran for doing a bang up job in preventing the gov from forming. besides the above you have the corrupt gov officials lining their pockets as well as the cbi whom has tripled their reserves since 2020 all at the expense of its citizens iimo even though its all fact

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Samson » October 10th, 2022

The United Nations Mission: The 2023 budget decision before the end of the year is urgent

10th October, 2022

Today, Monday, the United Nations mission called on the active actors in Iraq for dialogue and to meet the needs of the people.

The mission stated in a statement, “The Iraqis went to the polls a year ago in the hope of drawing a new future for their country, and the elections were held with great difficulty, which came as a result of popular pressure through protests that swept across the country, in which several hundred Iraqi youth were killed and thousands were injured.” That “democratic practice was followed by divisive policies that generated general and bitter disappointment.”

And she added, “Iraq does not have much time,” noting that “the protracted crisis portends more instability and also threatens the livelihoods of citizens.” And she stressed, “The adoption of the 2023 budget before the end of the year is urgent.” 

And she continued, “Now is the time for the political class to take responsibility and match words with deeds,” stressing that “all actors must engage in dialogue without preconditions and collectively agree on the main results by making concessions that reaffirm their stated goal, which is to meet the needs of the Iraqi people and the formation of a government with full and effective powers.”  LINK

The decline in oil prices .. and “Brent” crude recorded $ 97 a barrel

10/10/2022 08:28:48

Oil prices fell, today, Monday, from their highest levels in five weeks, with the market reaping profits, following strong gains last week, amid expectations of tight supplies after the OPEC + decision to reduce production and before the European Union imposed a ban on Russian oil.

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Brent crude futures fell 81 cents, or 0.8%, to $97.11 a barrel by 0131 GMT, while US West Texas Intermediate crude recorded $91.88 a barrel, down 76 cents, or 0.8%, according to “Reuters”. Both contracts touched their highest level since August 30 earlier in the session, but they lost their gains, and retreated with stocks in Asia amid thin trading with markets in Japan and South Korea closed due to public holidays. “Profit taking may be the main reason for pressure on oil prices today, after five days of gains last week,” said Tina Teng, an analyst at CMC Markets.

The “OPEC +” production cuts, which come before the European Union’s ban on Russian oil, will lead to a decline in supplies in a market that is already suffering from a tight supply. European Union sanctions on Russian crude and Russian oil products will enter into force in December and February, respectively.

Analysts at banks and brokerages raised their forecasts for crude oil prices, as they expect Brent crude to rise above $100 a barrel in the coming months. Teng said that the possible easing of the “Covid-19” restrictions imposed by the authorities in China in the last quarter and in 2023 may lead to a recovery in oil demand and allow for a further rise in its prices.   LINK

Al-Sari: The amount lost in taxes has increased to two billion dollars, and the Finance has 7 days to answer or we will sue

10/10/2022 18:40:59

The head of the State Forces Alliance bloc, MP Faleh Al-Sari, announced that the amount lost in the Tax Authority of the Ministry of Finance has increased to two billion dollars.

Al-Sari said in a press conference held at the parliament building today, Monday: “There is a loss of 800 million dollars from the General Authority for Taxes in the Ministry of Finance and committees that were formed for them. He added, “The amount has exceeded two billion dollars until this moment,” calling on “the Ministry of Finance, the Judiciary, the Integrity Commission and the Public Prosecution to open an urgent investigation into the matter because the amount is constantly increasing.”

And Al-Sari indicated that the origin of the amount is “the issuance of bonds for trusts deposited in the tax accounts in the Rafidain Bank, and these instruments are for large companies with amounts of up to 400 million dinars and up to 800 million in each instrument, and these amounts are aggregated.”

He pointed out that “the response of the Ministry of Finance was not satisfactory and did not inform us of the entire issue, and we will give it 7 days. On the contrary, we will take measures in the judiciary, the Public Prosecution and the Integrity Commission.” He stressed the existence of “waste and waste of public money in the most important department, such as taxes.”

On September 26, the Minister of Oil {Finance Agency} Ihsan Abdul-Jabbar announced the embezzlement of $800 million that had been illegally withdrawn from the Rafidain Bank. Abdul-Jabbar said in a televised press statement: “At least 800 million dollars were illegally withdrawn from Al-Rafidain Bank in the Ministry of Finance, and there is a judicial investigation, and those responsible for this dangerous file have been dismissed.”

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He added, “The parties behind the embezzlement of this large amount will be revealed, and the Government Integrity Commission has launched an investigation into the embezzlement of this amount, which was illegally withdrawn from the Rafidain Bank.”   LINK

Source: Dinar Recaps

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