Member of the State of Law: Abadi and Maliki reached understandings on the Prime Minister
7/11/208

Media treasures / Baghdad ..
Revealed a member of a coalition of law Mohammed Majid, on Wednesday, the arrival of Prime Minister Haider Abadi and the head of a coalition of law Nuri al-Maliki to an agreement on the selection of a candidate for the presidency of the next government, stressing that the gap was bridged between Abadi and Maliki.

Majid said in a statement to the newspaper "homeland" Saudi Arabia that "the differences between the wings of al-Maliki and Abadi have been resolved, and bridging the gap between them, after the two parties reached understandings on the choice of candidate for the post of prime minister of the next."

Majid added that "the leader of the Fatah coalition Hadi al-Amiri expressed his readiness to withdraw from the alliance of the followers backed by the leader of the Sadrist movement Moqtada al-Sadr."

A member of the coalition of state law, the former MP Rasul Radi disclosed on Tuesday, the existence of a preliminary agreement between the destruction and conquest and victory, Kurds and Sunnis to form the largest bloc away from the Alliance Suron, stressing that there are some impossible conditions called for the blocks mentioned to agree among themselves away from the others.

http://www.knoozmedia.com/353121/%D8…-%D8%AA%D9%88/

The Iraqi dinar exchange globally on Tuesday
7/10/2018

Knozemedia – Foreign Currencies

– USD 1 USD = 1,190.0000 Iraqi Dinar

1 Iraqi Dinar = 0.0008 USD

– Euro 1 Euro = 1,397.8293 Iraqi Dinar

1 Iraqi Dinar = 0.0007 Euro

– Pound sterling = £ 1,576.7792 Iraqi dinars

1 Iraqi Dinar = 0.0006 £

– Canadian Dollar 1 Canadian Dollar = 907.2750 Iraqi Dinar

Iraqi Dinar = 0.0011 Canadian Dollars

Australian Dollar 1 Australian Dollar = 888.1127 Iraqi Dinar

1 Iraqi Dinar = 0.0011 Australian Dollars

– Japanese Yen = JPY = 10.7364 Iraqi Dinar

Iraqi Dinar =

Swiss Franc 1 Swiss Franc = 1,199.5968 Iraqi Dinars

1 Iraqi Dinar = 0.0008 Swiss Franc

Turkish Lira 1 Turkish Lira = 254.0200 Iraqi Dinar

Iraqi Dinar = 0.0039 Turkish Lira

– Chinese Yuan 1 Chinese Yuan = 179.7732 Iraqi Dinars

1 IQD = 0.0056 Chinese Yuan

– Thai Baht 1 Thai Baht = 35.9739 Iraqi Dinars

1 Iraqi Dinar = 0.0278 Thai Baht

– Ringit Malaysia 1 Ringit Malaysia = 295.3220 Iraqi Dinar

Ringtone Malaysia

– Indian Rupee 1 Indian Rupee = 17,330 Iraqi Dinars

Indian Rupee

The Iranian Rial 1 Iranian Rial = 0.0277 Iraqi Dinar

1 Iraqi dinar = 36.0716 Iranian riyal

Arab currencies

Egyptian Pound. Egyptian Pound

1 Iraqi Dinar = 0.0151 Egyptian Pounds

Saudi Riyal 1 Saudi Riyal = 316,1992 Iraqi Dinars

1 Iraqi Dinar = 0.0032 SAR

– The UAE Dirham (AED) = 323.9700 Iraqi Dinar

1 ID = 0.0031 AED

– Sudanese Pound 1 Sudanese Pound = 66.1111 Iraqi Dinars

Iraqi Dinar = 0.0151 Sudanese pounds

– The Algerian Dinar 1 Algerian Dinar = 10.1435 Iraqi Dinar

1 Iraqi Dinar = 0.0986 Algerian Dinars

– Bahraini Dinar = BD 3,134,6971

1 Iraqi Dinars = BD 0.0003

– Jordanian Dinar 1 JD = 1,676,0351 Iraqi Dinars

Iraqi Dinar = 0.0006 JD

– Kuwaiti Dinar = KD 3,934,3525

IQD = KD 0.0003

Lebanese Pound = LBP = 0.7851 Iraqi Dinar

1 Iraqi Dinar = LBP 1.2737

– Libyan Dinar 1 Libyan Dinar = 868.6131 Iraqi Dinar

1 Iraqi Dinars = 0.0012 Libyan Dinars

– Moroccan Dirham 1 Moroccan Dirham = 126.1194 Iraqi Dinars

1 Iraqi Dinar = 0.0079 Moroccan Dirham

Mauritanian Ouguiya 1 Mauritanian ouguiya = 3.3474 Iraqi Dinar

1 Iraqi Dinar = 0.2987 Mauritanian ouguiya

Syrian Pound 1 Syrian Pound = 2.3107 Iraqi Dinar

1 Iraqi Dinar = 0.4328 Syrian Pounds

Somali Shilling 1 Somali Shilling = 2.0570 Iraqi Dinar

Somali Shillings

Omani Rials Omani Rial = 3,090,6281 Iraqi Dinars

1 Iraqi Dinars = RO 0.0003

Qatari Riyal 1 Qatari Riyal = 326.8333 Iraqi Dinars

1 IQD = 0.0031 QAR

– The Tunisian Dinar 1 Tunisian Dinar = 455.3630 Iraqi Dinar

Iraqi Dinar = 0.0022 Tunisian Dinars

– Yemeni Riyal 1 Yemeni Riyal = 4.7534 Iraqi Dinars

Iraqi Dinar = 0.2104 Yemeni Riyals

– Djibouti Franc 1 Djibouti Franc = 6.6835 Iraqi Dinars

1 Iraqi Dinar = 0.1496 Djibouti Franc

http://www.knoozmedia.com/352775/%D8…-%D8%A7%D9%84/

NATO makes a pledge to Iraq

7/11/2018
NATO Secretary-General Jens Stoltenberg has announced that NATO’s new mission to train Iraqi security forces will help prevent the return of terrorism to Iraq.


Stoltenberg told reporters on the eve of the NATO summit in Brussels on July 11-12 in Brussels that "this mission, which is scheduled to be approved by members of the alliance, will be non-combat, but it will help Iraq to prevent the revival of the organization and other terrorist groups "He said.


The NATO Secretary-General indicated that the training mission in Iraq would include hundreds of NATO trainers and would help establish new military schools and increase the professional capabilities of Iraqi forces.


Today marks the first anniversary of the declaration of the liberation of the Iraqi city of Mosul completely from "Daash", after a battle lasted nearly nine months, and led to a lot of human and material losses, and the displacement of more than 920 thousand people.


The NATO summit is scheduled to take place on Wednesday and Thursday in Brussels, where NATO leaders will discuss a wide range of issues, including military spending by member states, cooperation with the EU, the promotion of a joint defense strategy, the war against terrorism and support for countries in the Middle East. Including Iraq, Jordan and others.

https://www.sotaliraq.com/2018/07/11…1%D8%A7%D9%82/


Posted in Uncategorized.
The Federal Supreme Court ruled unconstitutional paragraph in the budget was impeding investment projects

7/11/2018
The Federal Supreme Court ruled unconstitutional section in one of the paragraphs of the budget law for the year 2018, which would impede the implementation of investment projects.


"The Supreme Court of Justice held its session on 10/7/2018 under the chairmanship of Judge Medhat Al-Mahmoud and the presence of all the members of the judges, and considered the appeal contained in Article (2 / II / 19) of the General Budget Law, which states: (All sovereign guarantees for investment projects with the approval of the Council of Ministers and the ratification of the House of Representatives).


He added that "the Federal Supreme Court found that the House of Representatives added the last paragraph, which is the need to ratify the House of Representatives on the sovereign guarantees, to the draft law subject to appeal without reference to the Council of Ministers."


He explained that "the court explained that this text would restrict the movement of the executive authority in the contracts relating to investment projects, and this is interference in the affairs of the executive authority and contrary to the principle of separation of powers provided for in Article (47) of the Constitution, First) of the Constitution. "


The spokesman added that "the Federal Supreme Court stated that it is not the competence of the House of Representatives to ratify the sovereign guarantees of investment projects, but it exercise its powers to control the performance of the executive authority in this area, and resort to constitutional means if there is a defect in performance,

The movement of the executive authority by requiring the ratification of the sovereign guarantees for investment projects, and accordingly the court decided to rule unconstitutionality of the last part of the said article including the ratification of the House of Representatives on the sovereign guarantees.

https://www.sotaliraq.com/2018/07/11…-%D8%AF%D8%B3/


Dhi Qar produces six tons of honey annually

7/11/2018

News Network Nasiriyah:The Directorate of Agriculture Dhi Qar said today that the province’s production of natural honey from private beekeepers amounted to about six tons a year.

The assistant director of agriculture Dhi Qar Faraj Nahi told the news network Nasiriyah that the number of dead in the province of 112, including 869 bee hives, mostly in the cities of Suq al-Shuyukh and Shatrah al-Nasr, which annually produces 5850 kg of natural honey.

He explained that the Directorate of Agriculture and to support the production of honey organized an orientation seminar for all beekeepers aimed at directing them to interest cells and address the problems and obstacles in their work.

He pointed out that the Directorate will work in the coming months to implement a campaign to combat large pests and diseases that affect bees in all cities of the province.is over.

https://nasiriyah.org/ara/post/82414

Is the world about a war of currencies or war started ?!
7/11/2018

What was being put in narrow circles a few months ago is now a question that is expanding day after day. Is the world heading for a currency war? Or is the currency war already under way, and can the Sino-US trade conflict be a prelude to a massive economic downturn that drives both sides to take a qualitative step to win the battle by turning to currency war? And who is the biggest loser in that war if it breaks out?



Currency war is the password now in many economic corridors, and it is not a matter of examining the extent of its seriousness or economic impact, such topics have killed academic research, but that the international economy suffered catastrophic effects in some stages of development, and therefore humanity has painful experiences with That kind of war, and what is currently being seen, is limited to how the global economy can face the risks of that battle.

Can the bipolar leaders of the United States and China realize the fate of the international economy if they decide to go ahead with currency war, Which may mean that Khaya Is economic suicide the official choice?

Professor John White, former chairman of the Bank of England’s Advisory Committee, puts the question to the question: Does anyone have an interest in the value of the currency being high in the current global trade conflict? The question is answered by "no".

"It can not be said that the international economy is witnessing a war of currencies, but certainly the circumstances are more than ever prepared for that war," he says. "If you are pessimistic, I can say that we are moving in this direction.
"The big economies now have a strong currency, after the strong currency has been a sign of strong economy and improved performance, and the conviction now prevailing among many economic leaders and policymakers that a weak currency will boost economic growth gives the economy a preferential advantage On his trade rivals, the risk that if everyone joined to that conviction will be all losers. "

The US administration wants the dollar to be weak, the EU is also seeking a weak European currency, and Japan is not hiding its official policy to overcome deflation lies in weakening the yen, China wants the yuan More competitive to increase exports and reduce imports, and Britain is silent on the decline of sterling, which could contribute to increase exports at a time when the exit from the European Union many economic problems.

But what’s the problem with that? Answers d. David, the Bank of England economist, said: "There is no problem in devaluation per se if it is a result of changes in market forces, but the risk when it is deliberate or flawed is done deliberately."

He asserts to the "economic" that the US side was clear and frank in accusing China strongly and frankly, as well as Japan to a lesser degree, that they manipulate the value of their local currency, the yuan and yen to achieve preferential advantages at the expense of US exports.

He notes that US Treasury Secretary Stephen Manuchen welcomed the depreciation of the dollar while welcoming the best economic performance of the euro area in more than a decade. Not surprisingly, the euro against the dollar rose to more than $ 1.25. On the other hand, The European is very upset by the euro’s improved value, which hampers its efforts to overcome deflation and low inflation in the Eurozone countries.

"Under the circumstances, investors and hedge funds are very cautious and delay their investment decisions pending clouds, which means a drop in growth."

Concerns that a trade war could turn into a currency war are legitimate for many economists, but they believe that currency war has not yet officially broken out.

But some believe that the US economy may be better able to counter that war than others. Some even believe that Washington may have a real interest in moving the international economy toward a currency war to curb the Chinese yuan’s ambitions.


Concerns about China’s pricing of many international goods, mainly oil in yuan, concern the top White House economic officials, congressional leaders and US financial institutions. The dollar now accounts for about 85 percent of international trade transactions, and such a step could erode the currency’s centralization.

And some believe that Washington has an interest in weakening the Chinese yuan so much that it can not be priced for major commodities in international trade, and this will only happen through its defeat in a currency war, which China is seeking to avoid now .

Since 2016, there are notable Chinese steps to dismantle capital controls on the yuan, a prerequisite for making it an international currency. Although these steps contribute relatively to the promotion of international trade by promoting the use of the yuan beyond China’s economic borders, it is a future challenge for the dollar American.

"The Chinese central bank has pledged that it will not use the yuan as a means of a trade dispute with the United States, revealing China’s financial policymakers’ understanding that they will emerge losers from the battle of currency war," said Tina Brown, a banking expert. In that war, the Chinese yuan is in a vulnerable position, and Beijing will not have to repeat the experience of 2015 by injecting more cash reserves into the markets to maintain the value of its national currency from total collapse against the dollar.

This means huge erosion in its dollar reserves without a household It is to maintain the balance of the yuan. "
But if the United States can emerge victorious in that war, despite the losses, why not rush to ignite the currency war ?!

The current interplay in the global economy as a result of globalization largely hampers the ability of the United States to do so. Such a war will inevitably weaken the growth rates of the Chinese economy and weaken the import intensity of China from the United States. Means that the US economy is negatively affected by the decline of his opponent.

Investment expert Boris William said the United States would accept a relative devaluation of the yuan as a means of providing some support for the Chinese economy. But if Beijing’s financial authorities ignore US warnings that the yuan should not retreat from a certain level, the sensitive level is 6.7 yuan against the dollar The US strategy will change.

"The fear that the continued devaluation of the Chinese currency against the dollar will lead to a currency war is because each country will have a different reading of the reasons for this decline. While China will view it as a justifiable move, Given the conditions in the Chinese economy.

He explains that the other side, the administration of President Trump, will look at China’s position as a plan aimed at harming the US share of world trade. If the two sides engage in a currency war, the other economies will certainly suffer greatly.

He notes that a number of advanced industrial countries such as Japan, the European Central Bank and the Bank of England have used the logic of weakening their currency more money printing to encourage exports, so why deprive China of the practice?

https://www.albawaba.com/ar/%D8%A3%D8%B9%D9%85%D8%A7%D9%84/%D9%87%D9%84-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85-%D9%86%D8%AD%D9%88-%D8%AD%D8%B1%D8%A8-%D8%B9%D9%85%D9%84%D8%A7%D8%AA-%D8%A3%D9%85-%D8%A7%D9%84%D8%AD%D8%B1%D8%A8-%D8%A8%D8%AF%D8%A3%D8%AA-1157616

The Federal Law provides for the unconstitutionality of a substance in the budget that authorizes the House of Representatives to construct a building
7/10/2018

Treasures of Media – The Supreme Federal Court, Tuesday, unconstitutional article in the federal budget law for 2018 authorizes the House of Representatives to build a building for him two billion dinars.


"The Supreme Federal Court held its session under the chairmanship of Judge Medhat al-Mahmoud and the attendance of all the members of the judges, and considered a lawsuit to challenge some articles of the General Budget Law for the fiscal year 2018, which was established by the Prime Minister, in addition to his job on the Speaker of the House of Representatives, In addition to his job. "


"The lawsuit included eight appeals, two of which were rejected, and six were judged by the unconstitutionality of articles in the budget because they violate the Constitution," adding that "of the articles contested is Article (57 / I) of the law and provided for the allocation of about 300 billion dinars, including two billion dinars of the investment budget allocated for the construction of a building of the House of Representatives.


He explained that "the Federal Supreme Court found that the allocation of the House of Representatives for this amount and add it to the draft budget law for the year 2018 without reference to the Council of Ministers to take his approval contrary to Article (62 / II) of the Constitution, and to obtain the approval of the Economic Committee in the Council of Ministers on the project Means the approval of the Council of Ministers in accordance with the requirements of Article (62 / II) of the Constitution and therefore ruled unconstitutional article.


It is noteworthy that the House of Representatives voted, in its session held on Saturday (March 3, 2018) on the federal budget for the current fiscal year boycotting the Kurdish deputies.


On Thursday, March 29, 2018, the Presidency of the Republic announced that the budget law would be sent to the Ministry of Justice for publication in the Official Gazette, without the approval of President Fuad Masoum.


The Ministry of Justice announced on Tuesday (April 3, 2018), the issuance of a new issue of the Iraqi fact sheet, indicating that the number included in the Financial Budget Act 2018.

http://www.knoozmedia.com/352832/%D8…-%D8%A7%D9%84/

Expert: Iraq will reject an Iranian request to use local currencies instead of the dollar in trade
7/9/2018

KUWAIT, Iraq – Iraq’s approval of any Iranian request to exchange trade between the two countries in local currency instead of the US dollar has been ruled out by economic expert Majid al-Suri, noting that such an agreement would not be in Iraq’s favor.

Al-Suri said that Iraq can not apply trade with Iran in local currencies because the trade balance will be in favor of Iran and the majority of trade for its benefit. "

He added that "the implementation of this agreement will work to store the Iraqi currency within Iran, which is not in the interest of Iraq, pointing out that" such a decision is not only the competence of the Central Bank of Iraq,

but the power of the Government of the Ministry of Finance in consultation with the Central Bank of Iraq and do not expect the bank The Central Bank of Iraq on such a matter. "

"A number of countries, including India, Russia, China, Brazil and South Africa, are trying to reduce the dollar’s control over international trade and the trade war between China and the United States has resulted," he said.

The governor of the Central Bank of Iran and Crown Prince Ali Abdullah announced on Sunday the follow-up of the bank to conclude monetary agreements with Iraq, Russia and Azerbaijan to deal in national currencies.

http://www.knoozmedia.com/352568/%D8%AE%D8%A8%D9%8A%D8%B1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%B3%D9%8A%D8%B1%D9%81%D8%B6-%D8%B7%D9%84%D8%A8%D8%A7%D9%8B-%D8%A5%D9%8A%D8%B1%D8%A7%D9%86%D9%8A%D8%A7%D9%8B-%D8%A8%D8%A7%D8%B3%D8%AA/

Iraq’s foreign currency reserves rise

7/9/2018The Central Bank of Iraq announced Monday that foreign currency reserves rose to 55.7 billion dollars last June.

A source at the Central Bank of Iraq, the central bank reserves rose in June to 55.7 billion dollars, adding that the rise in foreign exchange reserves, due to successful management.

The source pointed out that Iraq, one of the countries that fully secured their reserves of foreign currency to cover demand by more than 100 percent of the dollar.

https://www.sotaliraq.com/2018/07/09…3%D8%AC%D9%86/


Conscious / dollar exchange rates in local trades today
7/10/2018

The local currencies of currencies, on Tuesday, the exchange rates of the Iraqi dinar against the US dollar, in the following order:

Price in Iraqi Dinars per 100 USD:

Bursa fight (Baghdad) ALkeafah the Exchange Stock Selling Price: 120,200 JOD The purchase price is 120,150 dinars

Harithiyah Exchange AL harthiy Stock Exchange The sale price is 120,250 dinars The purchase price is 120,200 dinars

Erbil Stock Exchange (North) Arbil the Exchange Stock The sale price is 120,450 dinars The purchase price is 120,400 dinars

Basra Stock Exchange (South) AL Basra Exchange The sale price is 120,450 dinars The purchase price is 120,400 dinars.

http://www.al-iraqnews.com/news/newwss/economic-news/230341-%D9%88%D8%A7%D8%B9-%D8%A7%D8%B3%D8%B9%D8%A7%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%AA%D8%AF%D8%A7%D9%88%D9%84%D8%A7%D 8%AA-%D8%A7%D9%84%D9%85%D8%AD%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%8A%D9%88%D9%85.html