Biden supports abolishing the authority of “eternal war” in Iraq

politicsCongressBidenIraq war 2021-06-14 17:24A-AA+

Shafaq News/ The administration of US President Joe Biden said today, Monday, that it supports efforts in the US Congress to repeal the authorization for the use of military force issued in 2002 that authorized the war in Iraq, which strengthens lawmakers’ efforts to withdraw the authority to declare war from the White House.

The administration said in a statement that it “supports the revocation of the 2002 authorization, as not only the adoption of the 2002 authorization as a domestic legal basis for current US military activities, and that repealing the authorization will have little impact on current military operations.”

The US Constitution grants Congress the power to declare war, but that power gradually shifted to the president after Congress passed mandates, still valid, to use military force such as the 2002 Iraq mandate, as well as the measure that allowed the fight against al-Qaeda after the September 11 attacks. 2001.

The administration’s statement said Biden is committed to working with Congress to ensure that old mandates are removed and replaced with a “narrow, defined” framework to ensure the country continues to protect itself.

The House of Representatives is due to vote this week on legislation introduced by Democratic Representative Barbara Lee to repeal the 19-year Iraq war mandate. There was no word yet on when the Senate would consider the matter.

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The dollar is falling with the closure of Baghdad markets

economyBaghdadbreakingdollardinarExchange Rates 2021-06-14 11:46A-AA+

Shafaq News/ The dollar exchange rate fell on Monday, with the closure of the main stock exchange in Baghdad.

Shafak News Agency correspondent said that the central Kifah and Al-Harithiya stock exchange was closed in Baghdad at 149,600 Iraqi dinars, compared to 100 US dollars.

While the prices recorded this morning 150,200 dinars, compared to 100 dollars.

Our correspondent indicated that buying and selling prices also decreased in banking shops in the local markets in Baghdad; Where the selling price amounted to 150,000 Iraqi dinars, while the purchase prices amounted to 149,000 dinars per 100 US dollars.

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The Seven Summit confirms its support for the sovereignty of Iraq and the government’s efforts to hold outlaw groups to account

Ammar Al Masoudi

  •  Time: 06/14/2021 15:09:34 
  •  Read: 91 times 

{Political: Al Furat News} The Group of Seven industrialized countries summit announced its support for the sovereignty of Iraq. 

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And the part related to Iraq in the final statement of the Summit of the Seven Industrialized Countries, which concluded its activities yesterday in the resort of Cornwall, southwest of the United Kingdom: “We commend the success of the Iraqi security forces, including the Kurdish Peshmerga, and the efforts of the Iraqi government in general against ISIS, and we affirm our continued support for those efforts, including Bringing stability to the liberated areas. 
“We also affirm our support for Iraq’s sovereignty, independence and territorial integrity. We fully support Security Council Resolution 2576 and its call for election observers to help ensure free and fair elections in October, and we encourage all Iraqis to participate in those elections,” he added.
The G7 welcomed “the efforts of the Government of Iraq to hold armed groups outside the law accountable for their responsibility for attacks against Iraqi citizens and members of the coalition present in Iraq at its invitation, and exclusively for the purpose of providing training and advice to Iraqi forces in their fight against ISIS.”

Ammar Al Masoudi

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Parliamentary Finance: The KRG will sue Baghdad if it does not send the budget this month

  •  Time: 06/14/2021 13:26:08 
  •  Reading: 1,547 times 
Parliamentary Finance: The KRG will sue Baghdad if it does not send the budget this month

{Economic: Al Furat News} The Parliamentary Finance Committee stressed the need to implement the paragraphs related to determining the share of the Kurdistan region in the Federal Budget Law for the year 2021. 

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Committee member Shirwan Misra said in a press statement, “There are no problems or obstacles left in the way of implementing the paragraphs related to the Kurdistan region’s share of the federal budget for the year 2021.”
He added: If the paragraphs of the Kurdistan region are not implemented in the budget this month, this indicates that the federal government does not want to implement those paragraphs and intends to delay them.
Mirza explained, “If these paragraphs are not implemented, the Kurdistan Regional Government can resort to the Federal Court and file a complaint there because The budget is a law and a duty to be implemented by all parties.”
The negotiating delegation of the Kurdistan region headed by the Deputy Prime Minister, Qubad Talabani, visited the capital, Baghdad, and held a series of meetings with the federal government, including a meeting with Prime Minister Mustafa Al-Kazemi, before the delegation returned to Erbil. .
Talabani wrote, in a tweet on Twitter: “We are very close to a final agreement on a mechanism for implementing the budget law,” adding that “there are good intentions from both parties, and adherence to the text of the law will have a positive impact on the financial situation in the Kurdistan region, and will direct relations Between Baghdad and the Kurdistan Region towards a new stage.
And the Kurdistan Regional Government announced, last Sunday, sending two important files to Baghdad this week.
“The two files concern the Kurdistan region’s oil expenditures and non-oil revenues,” said Jutiar Adel, spokesman for the regional government, during a press conference.
Regarding sending the salaries of Kurdistan region employees, Adel said, “I most likely will reach this issue to the implementation stage, and part of it has already reached the implementation stage, and in the near future financial dues will be sent to the Kurdistan region within the federal budget.”
It is noteworthy that the House of Representatives voted on March 31, 2021, to approve Article (11) of the Iraqi Budget Law for 2021, which is related to the Kurdistan Region’s share of the budget.
The Kurdistan region needs 895 billion dinars per month to distribute salaries without deduction, ie up to 10 trillion and 740 billion dinars annually.
Ammar Al Masoudi

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The Minister of Finance discusses with the French Ambassador cooperation in the field of investment

money and business

Economy News _ Baghdad

The Minister of Finance, Ali Abdul-Amir Allawi, discussed with the Ambassador of the Republic of France in Iraq and his accompanying delegation, cooperation in the field of investment and mutual support between the two countries.
And the media office of the Ministry of Finance stated in a statement received by “Al-Iqtisad News”, today, Monday, that “Minister Ali Abdul-Amir Allawi received the Ambassador of the Republic of France in Iraq, Renault Obert and his accompanying delegation, and they discussed many regional and international issues of common interest, cooperation in the field of investment and support. mutual between the two countries and facilitate the work of French companies in Iraq.
for his part , expressed the French ambassador to his country ‘s support for Iraq in various fields, particularly the financial and economic fields , the
statement added that “at the end of the meeting , the two sides stressed the importance of joint coordination in ensuring the common interests of both countries.”

https://economy-news.net/content.php?id=25403

Officially.. Zaha Hadid Tower becomes the tallest building in Baghdad

  •  Time: 06/13/2021 22:23:34 
  •  Reading: 12,064 times 
Officially.. Zaha Hadid Tower becomes the tallest building in Baghdad

{Variety: Al Furat News} The tower of the new building of the Central Bank of Iraq has officially become the tallest building in the capital, Baghdad, even before its concrete structure was completed. 

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The tower is designed by the international Iraqi architect, Zaha Hadid.
The tower exceeded 120 meters (out of 170 meters) to exceed the height of the Baghdad Mall (Al-Harithiya) tower, which is 114 meters.
Work in the Central Bank of Iraq building located in Al-Jadriya area reached the 25th floor out of 37 floors, with a progress rate of 3 floors per month.
The concrete structure is scheduled to be officially completed before the end of this year.
Ammar Al Masoudi

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