Member of Victory: Presidential selection session on July 20

Member of Victory: Presidential selection session on July 20

Baghdad / Obelisk: A member of the Victory Coalition, Aqil Al-Rudaini, revealed, on Sunday 07/10/2022, the date of the session for selecting the President of the Republic, indicating that the session will be on July 20.

Al-Rudaini said in a press statement that the negotiations are now directed towards the Kurdish parties in order to go to the parliament with one candidate for the presidency, which will facilitate the assignment of the personality of the next prime minister.

He added, that if no agreement is reached on a single figure, the two parties must nominate an acceptable figure, and the decision will be made within the parliament, and the 2018 scenario will be repeated.

He continued, that after the withdrawal of the Sadrist bloc, the negotiations with the Kurdistan Democratic Party are now different, and the vote for the framework will be with the personality that gets the most acceptable from all political forces in the event that the Kurdish parties go to Parliament with candidates.

عضو النصر: جلسة اختيار رئيس الجمهورية في 20 تموز


Central Bank: There is no justification for changing the exchange rate at present

Economie| 10:09 – 10/07/2022


Baghdad – Mawazine News
, the Central Bank confirmed, on Sunday, that there is no justification for changing the exchange rate of the dollar against the Iraqi dinar, while indicating that the economic circumstance is the main criterion for changing the exchange rate.

The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the official news agency, which was followed by “Mawazine News”, that “the exchange rate at the present time – in our opinion as a monetary authority – there is no justification for changing it.”

He explained, “Changing the exchange rate remains within the policy of the monetary authority and according to the circumstances,” adding that “during the years from 2004 until now, the exchange rate changed more than once according to the circumstances, whether toward an increase or decrease.”

He pointed out that “the economic circumstance is the main ruler, and there is no future plan to change the exchange rate, whether after 3-5 years, and the economic conditions determine what is the appropriate decision that fits the time period at the time.”

He stressed, “The exchange rate is within the monetary policy and is the exclusive competence of the Central Bank, and when it sees that there is a necessity, it thinks of changing the exchange rate, but currently there is no justification or need to modify it,” explaining, that “monetary policy, one of its advantages is flexibility in general and not It is good to change the exchange rate quickly because it confuses the markets and weakens the economy.” Ended 29/N3

How much gold reserves in Iraq’s treasuries?

Economie| 12:36 – 10/07/2022


Follow-up – Mawazine News
, the World Gold Council announced, on Sunday, that Iraq’s reserves of the yellow metal remained stable during the month of May, indicating that Iraq maintained its position 40 globally out of the 100 countries listed in the table with the largest reserves of gold.

In its latest schedule for the month of May 2022, the council said that “global central banks added 35 net tons to global gold reserves, which is the second consecutive month of net purchases,” noting that “the bulk of the rise is due to purchases from Turkey (13 ) tons, while Uzbekistan continued to buy (9) tons, Kazakhstan bought (6) tons, Qatar (5) tons, and India (4) tons.

He added, “Germany was the only seller this month, as it sold two tons of gold.”

He pointed out that “this month, Iraq maintained its 40th global position out of the 100 countries listed in the table with the largest gold reserves, reaching 96.4 tons of gold, which represents 8.8% of the rest of its other reserves.”

The council stated that “the United States still sits on the throne of the world’s gold-possessing countries with 8,133 thousand tons, followed by Germany with 3,355 thousand tons, then Italy 2,451 thousand tons, while Mauritania ranked 100, with 1 tons, preceded by El Salvador with 1.4 tons.” Ended 29/N33

Biden talks about the end of the combat missions of the American forces and the political stalemate in Iraq


 2022-07-10 06:29A-AA+

Shafaq News/ The President of the United States of America, Joe Biden, confirmed that the combat missions of the American forces within the international coalition against ISIS in Iraq have ended.

This came in an opinion article published in the “Washington Post” newspaper, in which he touched on several files, including his scheduled visit to Saudi Arabia next Friday, the Iranian nuclear file, in addition to the crises in Palestine, Yemen, Syria, Lebanon, Iraq and Libya.

Biden believes that the “Middle East” he will visit is “more stable and secure than what his administration inherited 18 months ago,” referring to the missile attack that the US embassy in Baghdad faced a month before his inauguration as US president.

He added that the “American combat mission” had been ended and the military presence had been shifted to focus on training Iraqis, while maintaining the missions of the coalition against ISIS.

Biden continued by saying that “the region is still full of challenges, including: Iran’s nuclear program, the war in Syria, food security crises, the presence of terrorist groups in some countries, the political stalemate in Iraq, Libya and Lebanon, and human rights files.” these issues.”