Baghdad and Erbil are accelerating the pace to resolve financial disputes

Kurdistan Region




2020-12-10 19:23

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Shafaq News / On Thursday evening, a meeting took place between the high-ranking delegation of the Kurdistan Regional Government, which is visiting Baghdad, headed by Deputy Prime Minister Qubad Talabani, with the committee formed by the Iraqi Parliament authorized to negotiate and find an appropriate and constitutional solution to the problems between the Kurdistan Region and the federal government.

A statement by the regional government received by Shafaq News stated that the meeting witnessed a clear discussion of the causes of the problems and how to solve them for the sake of the citizens of the region and Iraq.

The head of the Kurdish delegation, Qubad Talabani, told the assigned committee that the regional government has shown all its preparations to deal with the financial rights and entitlements of the region in accordance with the constitution and applicable laws, expressing his readiness to reach an agreement. 

The committee in charge of Parliament had held meetings with the competent Iraqi authorities and was busy preparing its recommendations in order to find an appropriate mechanism as soon as possible for the outstanding issues, especially the oil and financial problems.

At the conclusion of the meeting, the committee asked the region’s delegation to present its proposals and recommendations, in order for the parliamentary committee to be able to unite them with its plans in order to formulate an appropriate exit and provide facilities for defining the duties and rights of the Kurdistan Region in the 2021 budget.  

It is scheduled that the Parliamentary Committee will hold its meeting during the next two days with the federal government in order to crystallize a way to solve the problems that are in the interest of both sides.

The region’s delegation arrived in Baghdad yesterday to resume talks with Baghdad with the aim of reaching a solution regarding financial disputes and the Kurdistan Region’s share in the financial budget for the next year.

Since last April, the federal government cut the salaries of Kurdistan Region employees, which put the Kurdistan Regional Government in a stifling financial crisis.


The region’s delegation to the parliamentary negotiating committee: We are ready to reach an agreement with Baghdad on this condition

Time: 12/10/2020 23:53:53 Read: 1,209 times

{International: Al Furat News} The delegation of the Kurdistan Regional Government heading to the capital Baghdad, headed by Qubad Talabani, Vice President of the Regional Government, held a meeting this evening, Thursday, with a negotiating committee formed on the recommendation of the House of Representatives and charged with finding appropriate and constitutional solutions to the outstanding problems between the region and the federal government.

During the meeting, the reasons for the start of the problems and how to address them were explicitly discussed in the interest of citizens in the Kurdistan region and Iraq.

For his part, Talabani told the negotiating committee, “The regional government is showing all its readiness to deal with the rights and financial dues of the Kurdistan region in accordance with the constitution and applicable laws,” indicating that “the regional government also declares its readiness to reach an agreement.”

The negotiating committee formed by the House of Representatives had held its meetings in advance with the relevant Iraqi parties, in addition to its preparations to reach as soon as possible to find an appropriate mechanism for the outstanding issues, especially the problems of oil and financial revenues.

This is due to the negotiation committee formed by the House of Representatives, within the next two days, a meeting with the federal government to crystallize and find solutions to the problems, in the interest of both parties.

Ammar Al-Masoudi

Brent crude rises above $50 per barrel for first time since March

Oil prices continue to strengthen even after reported spike in US oil inventories


December 10, 2020

Oil prices climbed more than 4 per cent on Thursday, with Brent surging above $50 a barrel for the first time since early March, fuelled by hopes of a faster demand recovery as countries start to roll out Covid-19 vaccines.

The bullish sentiment offset a large increase in US crude inventories that showed there was still ample supply available.

Britain began vaccinations this week and the United States could start inoculations as soon as this weekend. Canada on Wednesday approved its first vaccine and said initial shots would be delivered starting next week.

Brent crude rose $2.05, or 4.2 per cent, to $50.91 a barrel by 7.51pm UAE time, rising for a third day. US West Texas Intermediate crude rose $2.03, or 4.5 per cent, to $47.55 a barrel.

Oil gained even after Wednesday’s weekly report on US oil inventories showed a massive, 15.2 million barrel rise in crude stocks. Analysts had expected a 1.4 million barrel drop.

“It is not every day that the market ignores weekly builds of U.S. crude inventories,” said Bjornar Tonhaugen, Rystad Energy’s head of oil markets. “Fast-tracking vaccinations is raising hopes that oil demand will benefit quicker and the North American markets are major consumers.”

Concern over an attack on an Iraqi oilfield also lent support. Two wells at a small field were set ablaze by explosives on Wednesday, but overall production from the field was not affected.

Oil has recovered from historic lows reached in April when the pandemic hammered demand, helped by a record supply-cut deal by the Organization of the Petroleum Exporting Countries and its allies.

OPEC+ will further ease its supply restrictions in January by adding an extra 500,000 barrels per day although the easing is more gradual than previously agreed, to provide additional support to the market.

Updated: December 10, 2020 09:00 PM

Trump announces a new normalization between Israel and an Arab country

Time: 12/10/2020 19:17:53 Read: 728 times

{International: Al Furat News} US President Donald Trump announced the normalization of relations between Israel and a new Arab country.

Trump indicated that the Kingdom of Morocco and Israel had agreed to establish relations with US mediation.

Washington announces the transition to a “new phase” of its forces’ mission in Iraq



American forces

The US ambassador to Iraq

2020-12-10 09:21

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Shafaq News / The US ambassador to Baghdad, Matthew Toller, announced the transition to a “new phase” of the US forces ’mission in Iraq, which is to reduce their military presence.

In a statement marking the third anniversary of the victory over ISIS, Tueller said, “Today, the 10th of December, marks the third anniversary of the defeat of ISIS in the region, which resulted in the liberation of more than 8 million Iraqis and Syrians who were previously living under its control.”

“This day is also a reminder that we must remain vigilant to ensure that the defeat of ISIS is a permanent defeat, and that it will never return again to threaten humanity. Today we offer our prayers and invitations to those who fell while struggling to liberate Iraq from ISIS, their sacrifices will not be forgotten. We also remember those who lost. Their friends, family members and homes. Despite all these enormous sacrifices, we look with hope to the future. ”

Tueller added, “We congratulate the Iraqi security forces that, with the United States and its other coalition partners, have made exceptional progress in reducing the capabilities of ISIS, thus ensuring continued pressure on ISIS to ensure its permanent defeat while providing an opportunity for stability and prosperity in the liberated areas,” declaring, “We are moving to the stage.” The next of our mission is in Iraq, where the United States is scaling back its military presence while Iraqi security forces are increasingly taking the lead in the fight against ISIS remnants. ”

“The coalition will continue to provide advice and assistance to Iraqi security forces operations against ISIS at the request of the government of Iraq,” the American ambassador emphasized, noting that “the commitment of the United States remains firm to the Iraqi people. We will continue to stand with the Iraqi people in creating a safe, stable and prosperous Iraq.” “.

Regional government: We do not have red lines with Baghdad, and we are ready to deliver the oil that you are asking for

Time: 12/10/2020 16:16:07 Read: 988 times

{Baghdad: Al Furat News} The Kurdistan Regional Government announced that it has no “red lines” with the federal government.

The meetings and discussions of the regional government delegation headed by Qubad Talabani, Deputy Prime Minister in the Kurdistan region, are heading to the federal capital Baghdad with the political parties, while the delegation is scheduled to meet with a number of parties today, Thursday.

And Rafi` from the Kurdistan government arrived in Baghdad yesterday, Wednesday, to start a new round of talks with the ministers of oil and finance in the federal government and the relevant parties.

In this regard, Samir Hawrami, spokesman for Talabani, Deputy Prime Minister in the Kurdistan region, said in a press statement, today, Thursday: The meetings of the regional government delegation heading to Baghdad are continuing with the federal government and political parties.

Hawrami added: The Kurdistan Regional Government wants to agree with Baghdad, and for this purpose, the Kurdistan Regional Government implements all its constitutional obligations, adding that the Kurdistan Regional Government does not have red lines to reach an agreement with Baghdad and it is ready to hand over the oil revenues that the federal government demands.

on the federal budget law for next year 2021 and the share of the Kurdistan region, he said Hawrami to, he is not writing a draft law and that the delegation of the provincial government is making strenuous efforts to reach an agreement with Baghdad to install the share of the Kurdistan region and financial dues within the budget bill.

with regard to the question of Send the amount of 320 billion dinars to the Kurdistan region by the federal government, between Hawrami, that the political parties in Baghdad do not agree to send money, pointing out that for this reason the federal government did not send the amount to the government of Kurdistan.

Ammar al – Masoudi

The President of the Republic on Victory Day: We must not give up on victories and strengthen the authority and sovereignty of the state

Time: 12/10/2020 12:02:05 Read: 1,118 times

(Baghdad: Al Furat News) The President of the Republic, Barham Salih, called today, Thursday, on the occasion of Victory Day, not to forfeit the victories and to consolidate the authority and sovereignty of the state.

The media office of the President of the Republic said in a statement that Al Furat News received a copy of, that “in fulfillment of the sacrifices and the pure blood that were shed on the road to liberation and blocking the way to the remnants of terrorism by continuing the war on terror and not being complacent, the victories must not be abandoned and the state’s authority and sovereignty strengthened.”

The President affirmed “the necessity to initiate the fight against corruption, to strengthen the authority of the state and to consolidate its sovereignty in enforcing the law, to protect the security and stability of citizens, to initiate structural reform and to meet the entitlement of free and fair elections, in a manner that guarantees the true will of the voters away from pressures, fraud and manipulation, and the return of the displaced to their cities,” Treating all the traces left by terrorist groups. ”

Saleh pointed to “the importance of working diligently to reduce tensions in the region that terrorist groups often exploit to implement their goals,” stressing “Iraq’s steadfast position in distancing itself from regional conflicts, and that it is a fundamental basis for regional and international cooperation to establish peace and limit conflicts that undermine them.” Stability in the region, and its repercussions into the Iraqi interior.

The following is the text of the statement:

On days like these, we remember with reverence and appreciation the heroic heroics and sacrifices of our valiant security forces in their victory over ISIS terrorism and the liberation of cities and villages from its clutches. We bring to mind the stories of resilience and challenge embodied by the sacrifices of our heroes, and the Iraqi people of all sects have lined up with them, supporting and supporting the sake of dignity, freedom and peace.

On this great occasion, we extend to our people and the heroes of our armed forces from the army, the Federal Police, the Peshmerga, the Popular Mobilization Forces, the tribal mobilization, the security and intelligence services, with our best congratulations, wishing them permanent security and safety, and our country stability and peace.

On this eternal memory, we recall with reverence and gratitude the jihadist fatwa of the Supreme Leader, His Eminence Sistani (may God bless him), which mobilized the energies of the people in the face of ISIS, and had a great impact in defeating the terrorists and achieving the accomplished victory.

Nor can one forget the supportive role of friends in the international coalition and the countries of the region who stood with Iraq in its just war against dark terrorist gangs.

Fulfillment of the sacrifices and the pure blood that was shed on the road to liberation, necessitates preserving the victories achieved and not forsaking them, and cutting the way for terrorist groups that are still trying to destabilize some regions and cities, by continuing the war on terror and not being complacent.

This also requires taking courageous and decisive steps in combating corruption, strengthening the authority of the state and consolidating its sovereignty in enforcing the law and protecting the security and stability of citizens, and embarking on the achievement of structural reform, and meeting the maturity of free and fair elections, in a manner that guarantees the true will of the voters away from pressures, fraud and manipulation, and the return of the displaced. To their cities, and to address all the traces left by the terrorist groups.

In this regard, we also point out that the takfiri terrorist groups are feeding and exploiting the unstable regional conditions, and this requires diligent work in order to reduce tensions in the region, and we affirm here Iraq’s steadfast position to distance itself from regional conflicts and reject their repercussions on its internal security and stability, and in that An essential pillar for regional and international cooperation to establish peace and limit conflicts that undermine stability in the region and have repercussions inside Iraq.