TNT
Tishwash:
MP sues government over delay in sending budget tables to parliament
Member of Parliament Hadi Al-Salami revealed on Monday that a lawsuit has been filed against the government for not submitting the 2025 budget schedules to Parliament.
Al-Salami said in a video that “the government violated Article 62 of the Constitution, Financial Management Law No. 6 of 2019, and Budget Law No. 23 of 2023,” noting that “these violations negatively impacted the lives of citizens.” link
Resignation of the Chief Justice of the Federal Supreme Court in Iraq
The Chief Justice of Iraq’s Federal Supreme Court submitted his resignation on Monday, following the resignation of nine other members of the court due to an unprecedented constitutional vacuum .
According to local media reports monitored by Al-Sa’a Network, “Federal Supreme Court Chief Justice Jassim Al-Amiri submitted his resignation a short while ago,” without providing further details .
Earlier, nine members of the Federal Court submitted a surprise resignation, leaving Iraq facing an unprecedented constitutional vacuum and effectively paralyzing the judicial institution empowered to resolve disputes and interpret laws .
Experts and parliamentarians described the resignation as a paralysis of the state’s legal mind, opening the door to a legitimacy crisis affecting all aspects of the regime and placing sovereign issues on hold .
Some political parties and legal experts have also warned against suspending the Federal Court’s work, as ultimately only the Federal Supreme Court can resolve the legal issues of governance in Iraq by implementing the provisions of Article 93 of the Constitution and deciding on the public interest link
Advertisement
______________________________________________________
About 5,000 foreign oil workers exit Iraq amid Iran–Israel conflict
Thousands of foreign workers employed by international oil companies in Iraq’s Basra province have left the country due to escalating regional tensions following US airstrikes on Iranian nuclear facilities, a senior oil official told Shafaq News on Sunday.
According to the source, a total of 4,860 foreign employees have departed oil sites in southern Iraq since the strikes—part of a wider conflict triggered by Israel’s military campaign and Washington’s direct involvement.
“Approximately 1,700 workers from British Petroleum (BP), 1,000 from France’s TotalEnergies, and 700 from the US-based Schlumberger have exited their sites,” the official said.
In addition, 560 personnel from Italy’s Eni, 500 from Kuwait Energy, and 400 from ExxonMobil have also left their posts in Basra. The source attributed the departures to security concerns stemming from the conflict between Iran and Israel, as well as the heightened risks following the US strikes on key Iranian nuclear facilities in Fordow, Natanz, and Isfahan.
While Iraq has not been directly targeted, fears are mounting that its strategic energy sector could become collateral in the broader regional fallout. The mass withdrawal of foreign technical staff raises concerns about operational continuity in one of the world’s most oil-rich provinces.
The Ministry of Oil has not yet issued an official statement on the departures. link
European countries are pushing to retrieve gold reserves stored in the United States
US President Donald Trump’s rhetoric against the Federal Reserve, coupled with escalating geopolitical tensions, has reignited debate in Europe about the need to repatriate gold reserves held in the United States, particularly by Germany and Italy.
Advertisement
______________________________________________________
In statements to the Financial Times, Fabio De Masi, a former member of the European Parliament for the German Left Party, said there are strong arguments for returning a larger portion of Europe’s gold reserves, especially in light of what he described as “challenging times.”
Germany and Italy hold the second and third largest gold reserves in the world after the United States, holding 3,352 tons and 2,452 tons of gold, respectively, according to data from the World Gold Council.
A large portion of these reserves are stored in the vaults of the Federal Reserve in New York, where their market value is estimated at approximately $245 billion, according to the Financial Times.
President Trump recently hinted at the possibility of interfering in the Federal Reserve’s policies if it does not cut interest rates, raising concerns about the US central bank’s independence.
Earlier, US President Donald Trump stated that he would blame the Federal Reserve for any economic weakness resulting from his trade war if the central bank did not cut interest rates soon, according to the Wall Street Journal.
According to the newspaper, Trump “may also seek to delegitimize the historically independent institution in a way that could undermine its effectiveness.” link
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
