The Federal Court rejects a lawsuit against sending 700 billion dinars to the Kurdistan Region

The Federal Court rejects a lawsuit against sending 700 billion dinars to the Kurdistan Region

2023-09-21 00:56

Shafaq News / Secretary of the Kurdistan Regional Council of Ministers, Amanj Rahim, reported on Thursday that the Federal Supreme Court (the highest judicial authority in the country) refused to issue a state order Read more…

Iraqi Dinar Guru opinions 9-20-2023

Iraqi Dinar Guru opinions 9-20-2023

9-20-2023 Newshound Guru Clare Article “Al-Awadi: Al-Sudani’s meeting with Biden will deepen understanding between Baghdad and Washington” Quote “The Iraqi government spokesman, Bassem Al-Awadi, confirmed…US President Joe Biden’s invitation to Prime Minister Muhammad Shiaa Al-Sudani to visit Washington confirms the independence of the Prime Minister’s approach to domestic and foreign policies and the high international appreciation he enjoys…the upcoming meeting…will culminate in a policy of respecting mutual interests and deepening mutual understanding.” Read more…

Iraqi Dinar/US Dollar auction results for today 9-20-2023

Iraqi Dinar/US Dollar auction results for today 9-20-2023

Results of the foreign currency selling window, Wednesday 9/20/2023
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An economist explains the reasons for delaying the implementation of the general budget

An economist explains the reasons for delaying the implementation of the general budget

9-20-2023

Information / private..
Today, Wednesday, the economic expert, Abdul Rahman Al-Mashhadani, attributed the delay in implementing the budget to the appeals submitted to the Federal Court on some paragraphs of the general budget, while he stressed that Article 16 is the most prominent article that was Read more…

State Of Law: Sudanese Will Hold Meetings With The American Side Regarding The Rise Of The Dollar

State Of Law: Sudanese Will Hold Meetings With The American Side Regarding The Rise Of The Dollar

09/20/2023

Today, Wednesday, the representative of the State of Law coalition, Jassem Al-Moussawi, revealed the reasons for the rise in dollar prices and its instability, indicating that the Sudanese will hold side meetings with the American side in this regard. Al-Moussawi said in a statement to Earth News: “The reasons for the rise Read more…

Economist: The US Treasury will place 4 other banks on the blacklist

Economist: The US Treasury will place 4 other banks on the blacklist

9-20-2023

Information / Baghdad…
Economic expert Diaa Al-Mohsen explained on Wednesday that the US Treasury may work to put 4 private banks on the blacklist, and the matter may reach the Central Bank, which will not be far from the US Treasury’s measures.

Al-Mohsen told Al-Maalouma, “The Iraqi economy follows rumors and this matter Read more…

Politician: Barzani’s presence in Baghdad in conjunction with the American delegation was not a coincidence

Politician: Barzani’s presence in Baghdad in conjunction with the American delegation was not a coincidence

9-20-2023

Information / Baghdad
Political analyst Qasim Balshan said on Wednesday that the presence of the regional government delegation, represented by Nechirvan Barzani, in Baghdad, coinciding with the arrival of a delegation from the US Treasury Department in the capital, was not a coincidence.

Balshan told Al-Maalouma, “Implementing the constitution and the law does not Read more…

For this reason… Al-Moussawi rules out Al-Sudani’s move towards ministerial changes

For this reason… Al-Moussawi rules out Al-Sudani’s move towards ministerial changes

9-20-2023

Information / private..
Today, Wednesday, the Summit Center for Strategic Studies ruled out the Sudanese tendency towards making ministerial changes during the current period, while stressing that there are many weak links that require radical changes in most ministries.

The director of the center, Haider Al-Moussawi, said in an interview Read more…

Conflicting expectations for dollar prices…and talk of a “big shock”

Conflicting expectations for dollar prices…and talk of a “big shock”

2023-09-20 23:19

Shafaq News/ The visit of the Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, to the United States of America is important in terms of its timing, which coincides with the crisis of the rise in the dollar exchange rate, amid high hopes that Iraqis have for the possibility of finding solutions to this issue.

Al-Sudani left for New York to participate in the meetings of the United Nations Read more…

The Prime Minister’s advisor explains the spending priorities in the budget

The Prime Minister’s advisor explains the spending priorities in the budget

2023-09-20

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed Tuesday, that the improvement in oil revenues will reduce estimates of the deficit gap and avoid resorting to borrowing, while clarifying the priorities for spending Read more…

Iraqi Dinar Guru opinions 9-19-2023

Iraqi Dinar Guru opinions 9-19-2023

9-19-2023 Intel Guru Frank26 Sudani is going to the United Nations. What’s that? The world! Has the Prime Minister of Iraq ever been in front of the United Nations that you can remember? …He’s going with great pride…joy, to tell the world something. You think he’s going to tell the world, ‘Hey, we’re staying with a program rate? Hey, we want to remain a third world country? Hey, we want Iran to continue to abuse us…?’ He’s going to tell the world what you and I know about the monetary and economic reform of Iraq… Read more…

Iraqi Dinar/US Dollar auction results for today 9-19-2023

Iraqi Dinar/US Dollar auction results for today 9-19-2023

Results of the foreign currency selling window, Tuesday 9/19/2023
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Parliamentary Finance calls for controlling the runaway dollar

Parliamentary Finance calls for controlling the runaway dollar

9-19-2023

Information / Baghdad..
On Tuesday, Member of the Parliamentary Finance Committee, Khalil Dusky, called on the Central Bank to take urgent measures to dry up the sources of dollar smuggling and control the black market.

Dosky said in an interview Read more…

Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the oil and gas law

Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the oil and gas law

9-19-2023

Information / Baghdad…
A member of the Parliamentary Oil, Gas and Natural Resources Committee, Ali Saadoun Al-Lami, confirmed on Tuesday that there are many unresolved controversial points between Baghdad and Erbil, as well as the oil-producing governorates, preventing Read more…

An economist explains the reasons for continuing to sell oil in dollars

An economist explains the reasons for continuing to sell oil in dollars

9-19-2023

Information / Baghdad…
Economic expert Safwan Qusay explained, on Tuesday, the reasons for continuing to sell oil in the dollar currency instead of dealing directly with countries to obtain revenues without going through the US Federal Bank.

Qusay told Al-Maalouma, “Oil in all countries of the world is sold in dollars, and this matter came through Read more…

Iraq reduces its holdings of US bonds by $400 million

Iraq reduces its holdings of US bonds by $400 million

2023-09-19 00:04

Shafaq News/ The US Treasury Department announced on Tuesday that Iraq’s possession of US bonds decreased by $400 million to reach about $32.6 billion last July.

The Treasury stated in its latest table, seen by Shafaq News Agency, that “Iraq’s possession of US Treasury bonds for the month Read more…

Iran: Iraq is our first trading partner and we plan to establish a joint bank and a free trade zone

Iran: Iraq is our first trading partner and we plan to establish a joint bank and a free trade zone

2023-09-19 04:22

Shafaq News/ Head of the West Asia Department at the Iranian Trade Development Foundation, Farzad Belten, announced on Tuesday the Iranian government’s intention to establish a joint bank and a joint free trade zone with Iraq.

Belten said in a speech he delivered before Read more…

Al-Sudani informs the US Treasury of the extent of his government’s work to limit money laundering

Al-Sudani informs the US Treasury of the extent of his government’s work to limit money laundering

2023-09-19 21:53

Shafaq News/ On Tuesday, in New York, Iraqi Prime Minister Muhammad Shiaa Al-Sudani informed the US Treasury Undersecretary of the expansion of his government’s work in reducing money laundering operations, while the latter indicated that the confidence of global financial institutions was restored.

This came during a meeting with Al-Sudani, in New York, after midnight Read more…

Parliamentary Finance describes the Central Bank’s measures as “timid”: It must open new outlets to sell “travelers’ dollars”

Parliamentary Finance describes the Central Bank’s measures as “timid”: It must open new outlets to sell “travelers’ dollars”

2023-09-19 03:53

Shafaq News/ On Tuesday, the Parliamentary Finance Committee considered the Central Bank of Iraq’s measures regarding the dollar crisis “timid.”

Committee member Faisal Al-Naeli told Shafaq News Agency, “The Central Bank has taken many measures, especially in the recent period, but we believe that these measures are Read more…

Al-Sudani receives an official invitation from Biden to visit Washington

Al-Sudani receives an official invitation from Biden to visit Washington

2023-09-19

Today, Tuesday, during his meeting with US Secretary of State, Anthony Blinken, Prime Minister Muhammad Shiaa Al-Sudani received an official invitation from President Joseph Biden to visit Washington.

The Prime Minister’s Media Office stated, in a statement, that “Al-Sudani met, in Read more…