Al-Tamimi: Parliament is able to pass a borrowing law within six days

05-10-2020 12:59 AM

Baghdad / Al-Akhbariya:

The legal expert, Ali Al-Tamimi revealed, on Monday, that Parliament needs six days to pass the borrowing law, indicating that the law is passed according to several stages.

Al-Tamimi said in a statement to Al-Akhbariya that, “Parliament can hold an extraordinary session at the invitation of the Prime Minister, the President of the Republic, the Speaker of Parliament, or 50 deputies to specialize in the legislation of this law … according to Article 58 of the Iraqi constitution..but if the session is held on the 10th Tishreen, enacting this law requires a lengthy process. ”

He added, “According to Articles 128 to 136.. of the Parliament’s internal system, when the bill arrives in Parliament, the Speaker refers it to the competent committee to prepare the law, then it is presented to Parliament for approval of the bill in principle by the majority of the members of the Council, then an article by article is discussed and then it is voted on.” Fully “g

He pointed out that, “. The bill is voted on after 4 days of reading it and hearing opinions. Then he reads a first reading, then after two days he reads a second reading and finishes.”

He pointed out that “the law voted on in Parliament is then sent to the Presidency of the Republic to ratify the law in accordance with Article 73. Third of the Iraqi constitution.”

The General Secretariat of the Council of Ministers decides to suspend the official working hours next Thursday

2020/10/04 21:02

The number of readings 112

Section : Iraq

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Baghdad / Obelisk: The General Secretariat of the Council of Ministers announced, on Sunday, October 4, 2020, that the official working hours will be suspended next Thursday.

In a brief statement, the secretariat said, “It has been decided to suspend the official working hours on Thursday 10/8/2020 in all state departments, except for service ones, coinciding with the fortieth anniversary of the martyrdom of Imam Hussein.”

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Iraq announces the suspension of its official working hours



Official holiday

The fortnight visit

2020-10-04 13:35

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Shafaq News / The General Secretariat of the Iraqi Council of Ministers decided, on Sunday, to suspend the official working hours next Thursday.

A brief statement of the secretariat, received by Shafaq News Agency, stated that “it was decided to suspend the official working hours on Thursday, 8-10-2020, in all state departments, except for service ones, coinciding with the fortieth anniversary of the martyrdom of Imam Hussein.”

Finance Minister: Iraq is in the process of transferring its budget from the traditional to the program budget

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Baghdad / Al-Masala: The Minister of Finance, Ali Abdul-Amir Allawi, stated, Sunday, October 4, 2020, that Iraq will move from the traditional budget to the program budget within a year and a half, indicating that the tax rate will not be high, but the citizen will not accept it for not providing the necessary services.   

Allawi said in a statement followed by the obelisk: “The budgets for the years 2021-2023 we have started working on them now, but they will not be the main ones, because the Ministry of Finance is currently unable to implement it in a complete way, but it may be hindered for a year and a half so that we can move from the method of drawing the budget. Traditional to budget programs. ”


He added, “The tax returns are indirect, and will constitute a very small percentage of the state’s resources, which are not high if compared to any other country, since the tax structure is reasonable in Iraq.”

He pointed out that “citizens will not respond to taxes, and they may have a justification, because the state does not provide them with the necessary services, so the level of taxes must be linked to services and their quality.”

He continued, “It is assumed that we get 8 trillion dinars from taxes, while we are currently getting less than one trillion, because there are large exemptions and exemptions.”

Economics and politics

On the political issue, the Minister of Finance stated that “there is a link between economics and politics, and all the decisions issued since 1950 were aimed at politics and ideology, and over time they transformed from an ideology to a kind of balance, which in turn led to the seizure of the state.”

Iraq and the Culture of Conquest

He stated, “Iraq contains a kind of state seizure, as it is not necessary for this seizure to be by the parties, but it may be from all parties that have a stake and influence on decision-making.” 

Subject the state to professional controls 

He stressed, “The need to subject the state to completely different professional controls and ways of working, and the solution must be a kind of separation between the legitimate and semi-legal requirements of political parties, according to the electoral results, because the balance is difficult, so that we have a completely independent government apparatus, which does not exist at present “.

He noted that “the current political crisis may help in changing views according to the way the administration is going.”

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Baghdad is taking 4 measures to stop targeting the “green and airport” and promises positive results



American embassy

Baghdad airport

Bombing the Green Zone

2020-10-04 10:56

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Shafaq News / The Iraqi Foreign Minister, Fouad Hussein announced on Sunday, that it had taken four measures to stop the attacks on the Green Zone and Baghdad Airport, promising “positive results” soon.

This came when he received a phone call from Heiko Maas, the German Foreign Minister.

According to a statement by the Ministry of Foreign Affairs received by Shafaq News Agency, the conversation focused on “bilateral relations and ties between the two countries, and on the initial decision of the American administration to withdraw the embassy from Baghdad.”

Hussein expressed “concern about this decision, despite it being a sovereign decision on the American side, but it may lead to results that are not in the interest of the Iraqi people.”

The Iraqi foreign minister affirmed that “his country’s government has taken a number of security, organizational, political, and diplomatic measures to stop the attacks on the Green Zone and the airport, and there will be tangible positive results in the near future.”

The two ministers discussed “various future possibilities for the status of diplomatic missions in Baghdad,” stressing “the importance of continuing to exchange views and communicate in order to find solutions to this crisis.”

The file of the repeated targeting of US interests and forces witnessed widespread controversy in the country recently after news that Washington might close its embassy in Baghdad, which could lead to the imposition of economic sanctions on the country.

Al-Kazemi’s spokesman reveals that important leads have been reached regarding the indiscriminate rocket launchers

04-10-2020 05:45 PM

Baghdad – news

Today, Sunday, the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, revealed that important leads have been reached regarding launching rockets towards the Green Zone, stressing that the operations of imposing law and confining weapons to the hands of the state are continuing.

In a press statement followed by Al-Akhbariya, Rasoul said, “The intelligence effort is present, so today work is underway according to an accurate intelligence plan through which we reached important strings regarding the launching of rockets,” stressing that “the investigative committees that were formed under the order of the Commander-in-Chief of the Armed Forces Mustafa Al-Kazemi,” Their aim was to reach the rocket launchers towards the Green Zone and towards the citizens, the last of which was in Radwaniyah, in which three martyrs were killed and two were wounded.

In the same regard, Major General Rasoul asserted that “the operations of imposing law, imposing the prestige of the state, and controlling fugitive weapons are continuing and did not stop, until the issue of tribal disputes is completed, in coordination with the original Iraqi tribes.”

He pointed out that “the present time is the time to secure the forty-day visit of the martyrdom of Imam Hussein, peace be upon him, and the divisions now have a mission to secure the routes that the visitors take, as well as to perform the tasks of pre-emptive security operations against ISIS terrorist gangs and their remnants.”

Now is the perfect time to buy gold, and here are the reasons

Time: 10/04/2020 12:58:45

{International: Al Furat News} The Swiss investment bank UBS advised investors around the world to buy gold at that time, with expectations of a new wave of fluctuations in the markets due to the uncertainty in global markets due to the Corona pandemic.

In addition to the blurring of the US election scene, the results of which are widely seen as an engine for the markets in the coming period.

“We prefer gold … We believe that gold will reach levels of $ 2000 an ounce by the end of this year,” Kelvin Tay, director of wealth management at the Swiss bank, said in an interview with CNBC.

Tai added, “In times of uncertainty about the US elections and the Corona pandemic, gold is a very ideal hedging tool, and its recent review represents a good opportunity for investors who want to enter and invest in the precious metal … These prices represent a bottom in which to enter and build positions that will generate a good return.”

Earlier this year, gold prices exceeded levels of $ 2000 an ounce for the first time in its history, but it has witnessed declines in recent times with profit-taking and liquidation in the market to cover positions in the stock markets that witness sharp fluctuations.

Tai added that the low interest rate environment will play a decisive role in making gold attractive to investors at that time, as the returns provided by other investment tools in the stock portfolio markets decline.

He said, “If interest rates remain low for a long time, the opportunity cost of owning gold (an asset that does not provide fixed returns) will be very low, with the fact that investors are constantly looking for assets that provide a return. If other assets do not provide the desired returns, then investing in Gold would be the best solution. ”

And earlier last month, the US Federal Reserve kept interest rates unchanged and hinted to continue expansionary policies and keep interest rates at low levels until 2023, as the Bank of England, the British Central Bank, hinted, for the first time in its history, to the possibility of resorting to rates. The negative benefit of stimulating the economy, which has been severely affected by the outbreak of the mysterious virus.

Tai also advised investors looking for good returns to invest in Chinese bonds during the coming period as it prepares to join the FTSE Russell government bond index by next October, which would allow billions of dollars in inflows into China.

He explained that the yields of Chinese bonds amount to about 2.5%, which is better than their counterparts in America, which hover around the level of 0.6%, and in Europe, where the returns are in the negative range.

“These are very good returns for government bonds with high quality and strong financial positions,” he said.


Parliament delegation offers condolences to the Emir of Kuwait


Sunday 4 October 2020 | 04:34 pm

Parliament Speaker Muhammad al-Halbousi arrived in Kuwait today, Sunday, at the head of a parliamentary delegation, to offer condolences for the death of the Emir of the country .

According to a statement from his media office, Al-Halbousi and the accompanying delegation offered condolences, in the name of the people and the Iraqi parliament, to the Emir of Kuwait, Nawaf Al-Ahmad Al-Jaber Al-Sabah, on the death of the late Emir of the country, Sabah Al-Ahmad Al-Jaber Al-Sabah .

Al-Halbousi expressed “feelings of sympathy for this great affliction, asking Al-Bari the Most High and the Most High for mercy and forgiveness for the deceased, the forgiven, and patience and solace for his family, loved ones, and the brotherly Kuwaiti people .”

Massoud Barzani discusses with Fayyad several files and informs him: The stability of Iraq is our concern


Massoud Barzani

2020-10-04 08:30

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Shafaq News / The Kurdish leader, Masoud Barzani discussed, on Sunday, with the head of the Popular Mobilization Authority, Faleh al-Fayyad, the latest developments in the security and political situation.

Barzani’s office said in a statement received by Shafaq News, “The meeting witnessed a discussion of immediate challenges and security threats to the stability of Iraq and the region, and views were exchanged on security coordination and joint work for the Kurdistan Region with the federal government and facing threats.”

In another aspect of the meeting, “emphasis was placed on the need to take serious steps to restore normalcy in the areas covered by the constitutional article 140.”

Barzani reiterated his assertion of “the political process in Iraq,” and declared that “the stability of Iraq is a source of concern for the Kurdistan Region.”

The new Emir of Kuwait meets with senior officials from America and Iran


OCTOBER 4, 2020 / 4:54 PM / 3 HOURS AGO

Reuters Staff

KUWAIT (Reuters) – The new Emir of Kuwait, Sheikh Nawaf Al-Ahmad Al-Sabah, met on Sunday with senior officials from the United States and Iran who arrived in the country to mourn the death of the former emir.

And Sheikh Nawwaf assumed power after the death of his brother Sheikh Sabah Al-Ahmad last Tuesday.

The late Emir sought to achieve balance in his country’s relations with both Saudi Arabia and Iran, and he also maintained the strong relationship between his country and the United States, which led a coalition that ended the Iraqi occupation of Kuwait in 1991.

“He will remain in memory a great man and a dear friend of the United States,” US Defense Secretary Mark Esper said in a tweet published by the US embassy during his visit.

And Kuwait News Agency (KUNA) said that Sheikh Nawwaf also received Iranian Foreign Minister Muhammad Javad Zarif, who praised the late Emir for seeking “moderation and balance.”

Sheikh Nawwaf, 83, is expected to maintain the oil and foreign policies of his OPEC member country.

Sheikh Nawwaf has not yet appointed a crown prince to help manage the country’s affairs at a time when low oil prices and the Covid-19 epidemic have affected the country’s financial conditions, amid tensions between Riyadh and Tehran.

The prince has a year to name the crown prince, but analysts expect a decision in the coming weeks, as senior members of the Al-Sabah family race to win the position. Parliament must approve who should choose the emir.

Dr. Muhammad al-Faili, professor of constitutional law at Kuwait University, told Reuters that appointing a crown prince “will end this competition and send a message of stability”.

Among the nominees for the crown prince are Sheikh Nasser Sabah Al-Ahmad, who previously held the position of Minister of Defense, Sheikh Nasser Al-Mohammed, former Prime Minister, and Sheikh Meshaal Al-Ahmad Al-Jaber, Deputy Chief of the National Guard.