Al-Barti directs a new accusation against the Kurdish parties: they are trying to thwart the passage of the oil and gas law
7-23-2023
Information / special.
Today, Sunday, the Kurdistan Democratic Party accused the Patriotic Union and the New Generation of trying to thwart the passage of the oil and gas law, while the latter law was considered “more important” than the federal budget.
“The oil and gas law is more important than the federal budget law, and its approval Read more…
Kurdish deputy: Senior officials in Baghdad are behind the dollar smuggling operation out of Iraq
2023-07-23 08:13
Shafaq News/ The Kurdish MP, Soran Omar revealed Saturday, that the federal budget law has not yet entered into force, and while he indicated that the regional government will pay the salaries of June from its own imports, he confirmed that “senior officials” are behind the operations of smuggling foreign currency out Read more…
A parliamentary committee is awaiting a meeting with the President of the Kurdistan Region regarding the oil and gas law, which the Sudanese insist on approving
2023-07-23 04:55
Shafaq News/ The Parliamentary Oil and Natural Resources Committee confirmed, on Sunday, that it is awaiting a meeting with the President of the Kurdistan Region, Nechirvan Barzani, to resolve the final version of the oil and gas law, noting at the same time the insistence of the head of the federal government, Muhammad Shia’a al-Sudani, to approve it Read more…
Iraqi Dinar Guru opinions 7-22-2023
7-22-2023 Intel Guru Frank26 Article Quote: “The parallel price means the exchange rate of the dollar in the market…and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers.” What…when? They don’t have to tell you when. They don’t have to tell you
nothing. But all of a sudden…this exchange rate comes out of nowhere like Godzilla coming out of the ocean and surprising with a big roar, ‘Our official exchange rate is 1132.’ No it’s not. You’ve been telling everybody it’s 1320…If you remember, I told you I was hoping they would get this down to 1100 or to around 1000. In that way we can just drop the zeros and we’re at 1 to 1. Read more…
Warnings of catastrophic scenarios due to US interventions
7-22-2023
Information / Baghdad..
Today, Saturday, the leader of the State of Law Coalition, Jassim Muhammad Jaafar, warned of the continuation of American pressure on Iraq, indicating that the scenario of the fall of the government of Adel al-Mahdi may be repeated.
Jaafar said in a statement to Al-Maalouma, “The scenario of overthrowing the government Read more…
Punishing Iraq’s banks: a shake-up in the financial sector and expectations of dollar scarcity
July 22, 2023
The decision of the US Treasury Department to impose new sanctions on 14 Iraqi banks, months after imposing similar sanctions on 4 important banks due to financial dealings with Iran and others related to money laundering operations, caused a rapid reaction inside Iraq, as it led to a decline in the value of the dinar against the dollar, along with the influx of depositors to the punished banks to withdraw their money Read more…
About a billion dollars in Iraqi Central sales last week
2023-07-22 03:13
Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to about one billion dollars.
The economic correspondent of Shafaq News agency said that the Central Bank sold during the past week, and for the four days in which the auction opened, 889 Read more…
Iraqi banks and citizenship
7-22-2023
Sami Jawad Kazem
Every citizen has responsibilities for the sake of his homeland and the love of the homeland from faith when you find your identity in it and the responsibility is represented in his actions at the various levels in which he is present. This is one aspect and another aspect in Iraq after the fall, dozens of private banks appeared and apart from how they were established, Read more…
Most notably the US Treasury.. The reasons for the rise in dollar prices in the Iraqi markets
7-22-2023
Information / special.
Today, Saturday, the economist Nabil Al-Tamimi explained the relationship of the US Treasury Department with the rise in the exchange rates of the dollar in the local markets, while confirming that there is a great demand for the dollar away from the window for selling Read more…
Iraq achieves self-sufficiency by marketing wheat locally and expects a qualitative boom in production next year
2023-07-22 03:13
Shafaq News/ The Minister of Trade, Atheer Al-Ghurairy announced today, Saturday, that the locally marketed quantities of wheat crop for the year 2023 amounted to 5 million and 194 thousand tons, describing this quantity as the “highest” in the history of wheat cultivation Read more…
The Iraqi dinar pays the bill for the confrontation between Washington and Tehran
7-22-2023
BAGHDAD – The crisis of the collapse of the Iraqi dinar’s exchange rate against the dollar has returned to the forefront, prompted by US sanctions against 14 Iraqi banks that Washington believes constitute a vital artery for the flow of hard currency to Iran, while the Iraqi government is powerless Read more…
Iraqi Dinar Guru opinions 7-21-2023
7-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying the oil and gas law need to include the decision of the federal court. FRANK: There it is again. Notice that the HCL is the key to the budget. Notice that the budget is the key to the new exchange rate. It is also the key for Iraq to stop depending on other countries for energy… Read more…
Former deputy: The region owes Baghdad $37 billion for oil
7-21-2023
Information / Baghdad..
The former member of the Parliamentary Oil and Energy Committee, Ghaleb Muhammad Ali, confirmed that the region owes Baghdad $37 billion for oil exports, pointing to the importance of enacting the oil and gas law in order to solve Read more…
Biden continues to stir up controversy and is unable to leave the stage alone
7-21-2023
Information/follow-up.
US President Joe Biden was unable to leave the stage alone during an event that took place on Thursday in Philadelphia.
And Biden appears in a video clip circulating Read more…
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Political warnings from the legislation of the oil and gas law before resolving the file with the Kurds
7-21-2023
Information / Baghdad…
Today, Friday, political analyst Hazem Al-Bawi warned against going towards the legislation of the oil and gas law before resolving the file with the Kurds in terms of the violations that occurred and the control of some oil fields by the region.
Al-Bawi said in a statement to Al-Maalouma that “the Iraqi people know very well Read more…
“Moody’s” reduces the assessment of the economic strength of Iraq by two points to “ba2”.. What does that mean?
2023-07-21
Moody’s announced the downgrade of Iraq’s economic strength to “ba2”, and said that this assessment balances the size of the economy and the abundance of natural resources with the instability and turmoil of economic growth, weak infrastructure, and the economy’s lack of Read more…
Economist: US sanctions on Iraqi banks have a political goal
7-21-2023
Today, Friday, the economic expert, Aziz Shwan, said that the US sanctions imposed on a number of Iraqi banks “have a political goal.”
Schwan said in an interview with “ Al-Jarida ”, that “the violations of the banks are twofold, intended and unintended,” explaining that “the penalties were imposed Read more…
The crisis of the rise of the dollar returns to the fore… and an upcoming parliamentary procedure
2023-07-21 01:44
Shafaq News/ The Parliamentary Finance Committee confirmed, on Friday, its intention to host the Governor of the Central Bank and the Minister of Finance during the next week, to find out the reasons for not controlling the parallel exchange rate.
The parallel price means the exchange rate of the dollar in the market and exchange offices, and not the official rate set Read more…
Temporarily.. Sweden moves its embassy from Baghdad to Stockholm
2023-07-21 03:33
Shafaq News/ The Swedish Ministry of Foreign Affairs stated that the assigned staff and operations at the Swedish Embassy in Baghdad were temporarily transferred to Stockholm for security reasons.
This came, according to what was reported by the Swedish News Agency (TT) today, Friday, on the authority of the Ministry Read more…
Iraqi Dinar Guru opinions 7-20-2023
7-20-2023 Newshound/Intel Guru BGG Personally, I think it would be the best thing in the world for the Dinar Investor if they did join some “Brics type” union APART from the US. They could even be a reserve currency (since their oil would be bought and sold in Dinar)… meaning the currency you hold would be vastly more valuable. Forget what the US thinks… Read more…
