Kurdistan Financial Kurdistan takes a decision on salaries

 

Kurdistan Finance takes a decision on salaries
 18 minutes ago

The Ministry of Finance and Economy in the Kurdistan Regional Government, on Monday, to stop announcing the schedules of the distribution of salaries to employees of ministries and official institutions in the government from now on, indicating that the ministries will receive salaries every 30 days and will be sent to the accounts directly.

The distribution of salaries began last August, and the first ministry to receive salaries was the Ministry of Peshmerga.

Information indicated that the 70 and 80 forces of the Peshmerga forces will receive their salaries on Tuesday.

She also pointed out that next Wednesday was allocated to receive employees of the Ministry of Education for their salaries.

The Ministry of Finance began on the fifth of the month of October last distribution of salaries last July, and continued to distribute salaries until 25 of the same month.

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Swift Financial System isolates Iranian banks

 

05-11-2018 07:31 PM

The international financial interbank association, known as the SWIFT International Financial System, began Monday to apply US sanctions on Iran by blocking access to Iranian banks within the international financial remittance system among the world’s banks.

“This action, although regrettable, has been taken for the sake of the interests, stability and integrity of the global financial system,” said Swift in a statement.

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Iran proposes to Washington to negotiate

Iran proposes Washington to negotiate
 Twilight News    
 46 minutes ago

Iranian Foreign Minister Mohammad Javad Zarif has expressed his country’s readiness to start negotiations with the United States over a new nuclear deal if Washington re-examines the 2015 agreement.

In an interview with USA Today, Zarif said on Monday that negotiations would be possible “if there is a basis for a constructive dialogue.”

“Mutual trust is not a necessary condition for the start of negotiations, but the necessary condition is mutual respect,” he said. “Mutual respect begins with the respect, signature and word of the party.”

The Iranian minister said that the current US administration “does not believe in diplomacy but believes in the imposition of (will).”

Commenting on Washington’s return on Monday to sanctions imposed on the United States before the United States signed it before Iran signed a nuclear deal with the international community in 2015, Zarif questioned whether Trump could achieve its economic objectives through this measure. It is absolutely impossible to achieve their political goals through sanctions. “

The Iranian minister pointed out that the nuclear agreement was approved by the United Nations, so the US authorities, by insisting on the accession of other countries to its sanctions imposed on Iran, the international community in fact to violate international laws.

The announcement of imposing the latest wave of sanctions on Tehran, as promised by the administration of US President Donald Trump after the withdrawal of the United States on May 8 last year of the joint comprehensive plan of action, the agreement, concluded in 2015, between the international community (represented by States The six intermediaries, including Russia and the United States) and Iran, aimed at restricting Tehran’s nuclear program in exchange for lifting international sanctions and unilateral European and American restrictions on Iran.

Initial Agreement Made on Iraqi Government Lineup: Source

 

Initial Agreement Made on Iraqi Government Lineup: Source

ERBIL  — Iraqi Prime Minister Adil Abdul-Mahdi and major political factions have reached an initial agreement to fill the eight remaining ministerial positions in the new cabinet. 

A source confirmed to BasNews that Mahdi now has the approval of the political blocs to approve his candidates during Tuesday’s parliamentary session. 

The parliament approved 14 candidates to different ministries last month while the main posts remained vacant for political disagreements between the sides. 

However, the source said that it is not yet clear if the parliament would succeed on Tuesday to vote for all eight candidates.

http://www.basnews.com/index.php/en/news/iraq/478100

Washington announces sanctions on Iran and temporarily exempts 8 countries

 

US Secretary of State Mike Pompeo
 Arab and international

Economy News Baghdad:

US Secretary of State Mike Pompeo said sanctions against Iran would lead to a decline in its economy .

In a joint press conference with Treasury Secretary Stephen Manuchein, Pompeo said sanctions were aimed at the oil and banking sectors to “persuade the Iranian regime to change its behavior and reach a new nuclear deal .”

Pompeo has identified eight countries exempt from US sanctions on Iran “temporarily” – China, Greece, India, Italy, Turkey, South Korea, Taiwan and Japan – adding that his country would persuade the countries to stop dealing with Tehran .

The US minister pointed out that his country’s goal of sanctions is to pressure Iran to reduce its destabilizing role in the region and the world, stressing the continuation of pressure relentlessly .

He added: “We will not allow the transfer of funds received by Iran for humanitarian purposes to military objectives,” adding: “The Iranian regime has two options: either change its behavior in the region, or see the economy collapses .”

“Iran will not be able to obtain nuclear weapons as long as Trump remains president, Pompeo stressed .

Treasury Secretary Stephen Manuchen said: “Sanctions have been imposed on more than 900 targets linked to Iran in less than two years .”

He added: “The sanctions on Iran include shipping sectors, Iranian Airlines, and financial institutions .”

He called on the US Treasury Secretary “Iran to abandon its missile program and nuclear ambitions, to obtain exemptions from sanctions .”

In May, US President Donald Trump withdrew from a nuclear deal signed by world powers with Iran in 2015 and re-imposed a first package of sanctions against Iran in August .

The most prominent sectors that will be subject to sanctions include: ports and shipping companies related to the ship sector, and transactions related to the oil industry, which include the National Iranian Oil Company, the Commercial Oil Company and the National Oil Tanker Company .

Transactions of foreign financial institutions with the Central Bank of Iran and any other financial institution are subject to the US sanctions list, which means a global ban on supplying Tehran with hard currency .

The sanctions targeted at the most important resources of the Iranian government, at a time when Iran is experiencing a severe economic crisis, was the loss of the Iranian riyal about 70% of its value against the dollar since last April .

The forecasts of economic institutions and oil companies to drop Iranian oil exports by about one million barrels per day, but for months announced the President of the OPEC countries, led by Saudi Arabia, its ability to compensate for any shortage in the global market.

http://economy-news.net/content.php?id=14273

Deputy Speaker of the Parliament for {Euphrates News}: This is what we will discuss tomorrow’s session

 

Editorial Date: 2018/11/5 18:39 
(Baghdad: Al Furat News) The First Deputy Speaker of the House of Representatives Hassan Karim, Sunday, the Council discussed four important axes at its meeting tomorrow.
Karim told the {Euphrates News} that “the meeting will see the formation of parliamentary committees, as well as the discussion of the budget for the year 2019, and the performance of some deputies to the constitutional Yemen, in addition to the crisis of fish deaths in the province of Babylon.” 
“The session will also witness the distribution of 329 deputies to the parliamentary committees in accordance with a set of controls to be adopted by the Council of Representatives,” stressing that “the presidency of the Council will adopt the competence and experience in the formation of committees, and will not allow the membership of any deputy committee is far from its competence whatever the maturity of political bloc “He said. 
He pointed out that “after the formation of committees, the Council will start by selecting the presidencies in accordance with a number of considerations, the most important of which is competence, experience and political merit; to be formed 27 deputies, 27 rapporteurs and 27 vice-chairmen of the Committee.”

Urgent .. House postpones vote on the cabinet to next Sunday

 
Light News – 

Al-Nour News / Baghdad 
The Iraqi Council of Representatives decided to postpone the vote on the selection of ministers in the new government to next Sunday.

“The House of Representatives decided to postpone the vote on the remaining ministers who have not been given confidence in the government of Adel Abdul Mahdi to next Sunday,” a source familiar with Al-Nour News said.

The House of Representatives will hold its 10th meeting for the first legislative year of the first legislative term. The agenda includes the constitutional oath of some of the deputies and the appeals submitted on the health of some members of Parliament. The permanent parliamentary committees of the House of Representatives, and a general topic of discussion regarding the death of fish.

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