Thoughts from Petra and MilitiaMan Monday PM 6-20-2022

KTFA:

Samson:  Finance: We Have Made Remarkable Achievements For The Banking Sector During The First Half Of 2022

20th June, 2022

The Ministry of Finance confirmed today, Monday, that the Iraqi Company for Banking Services, one of its formations, has achieved qualitative achievements in the areas that fall within its competencies and responsibilities during the first half of this year.

The company's general manager, Hussein Ali Muhaisen, said in a statement received by Earth News, "The company achieved, during its plan for the first half of the current year 2022, a remarkable increase in revenues by attracting the largest possible number of banks, companies and government agencies, as a result of the increasing confidence of these institutions in the services they provide.

The company in the field of money transfer and others, as well as a rise in the company’s investments index in various economic sectors.”

He added, "We are working with continuous efforts to expand the company's coverage in the field of banking services, as it is hoped to create branches for the company in the Erbil governorate and the Ramadi branch in Anbar Governorate, and we also seek, within our plan for the next stage, to increase the company's branches to include all regions of Iraq."

Muhaisin explained that "in the framework of the company's keenness to improve the level and quality of its services and keep pace with the global programs and systems used in the field of money transfer, the company will be awarded the international (ISO) certificate in the near future, in a ceremony organized by it and in the presence of all government banks and the Association of private banks and companies."    LINK

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MilitiaMan:   It looks like they are setting the stage for to be ISO compliant. We have witnessed they set up of new high tech ATMs. Once everyone is ready and integrated I suspect they'll issue the ISO certification all at once.

All banks that will be doing money transfers will have the certification. An internationally accepted criteria ISO is. They are announcing what to expect.

We can see inroads have already been accomplished and they are not waiting on any future form of government. Mind you that may or may not play out in any event here shortly, that may very well happen. It is however, not a requirement.  This is a good sign of things to come.. imo ~ MM

https://www.meadmetals.com/blog/what-exactly-is-iso-certified-and-what-does-it-mean

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Samson:  Tasmeem Alliance Invites Political Blocs In Case Parliament Is Dissolved

20th June, 2022

Today, Monday, the representative of the Design Alliance, Ali Mashkour, called on the political blocs not to run for elections again in the event of resorting to the dissolution of Parliament.

Mashkour said in an interview with Earth News that "the work is still in full swing in the political dialogues, and this is very natural, especially after the withdrawal of the Sadrist bloc, because the failure to form the government now by the framework and the rest of the political blocs is considered the failure of all."

Mashkour added that "all political blocs should not run for new elections in the event of going to the dissolution of Parliament as a last solution to the crisis, despite the lack of belief that the blockage will not be repeated in new elections."    LINK

MilitiaMan:  Those are some powerful words about the FRAME WORK.. Being a FAILURE.. They are staring at dissolution. imo ~ MM

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Samson:  'It's Over'... Sources From Within The Movement Decide The Intentions Of Overthrowing The New Government Through Massive Protests

20th June, 2022

Informed sources from within the Sadrist movement confirmed today, Monday, that there are no intentions to mobilize the masses and bring down the new government, if it is formed.

According to those sources who spoke to "Earth News", "The issue of mobilizing the masses of the Sadrist movement during this period is not on the political table of the movement, given that the current government is new and it is not possible, once the government is formed, to agitate the masses and push them to the street in order to bring it down."

The sources, who spoke on condition of anonymity, added that “there will be an assessment of the government and the way it manages the economic, political and military files, and through that the decision will come out regarding them. The people, therefore, if the people intend to leave, the current will support them.”

And she indicated that "the coordination framework is concerned, because it knows in advance that its administration of the state will fail, and the evidence for this is the nature of their discourse," noting that "failure and corruption are looming on the horizon," and he continued, "The conflict will be over who stole Iraq, and this word remains confused between the Kurds." Shiites and Sunnis.  LINK

MilitiaMan:  Sadr is playing the corrupt like a well tuned fiddle..  Sadly many seem to not see it. He is the solution not the problem. The corrupt are on notice.. Sadr, is not laying down at all.. imo ~ MM  

PETRA:  Don't you just love when an article begins with "An informed political source"....who is so "informed and political" that they do not want their name put in the article?   They must be "informed" enough to not be stupid enough to put their name on this article as the names of these potential PM's are...nobodies. 

Do you really think that the main author and editor of the WP's (White Papers) , Prime Minister Kathemi is going to see his life's most momentous work go to the hands of some nobody minister of Labor and Social-Affairs?  The world knows who wrote it, developed it, and insuring it's future success in the deployment of the ESFL? (Emergency Security food Law)   I would say...no.

And look at the crazy theatre we see now in the attempted formation of the Parliament.  There is an article by Super Samson that indicates they are trying to slot a Parliament meeting for Wednesday, June 22, which by the way is pretty close to our 15 day window of the ESFL going into law. (Interesting timing). 

For the purpose of electing new Parliamentarians to replace the Sadrists who left and resigned.  The constitution allows for those in "2nd" place from the previous elections (Oct 2021) to then get the nod to become a member of Parliament.  The problem is, 18 of the 2nd place people are also with Sadr and they also will resign.....go figure. 

Now what does Parliament do?  They do not have a "3rd" place rule in the constitution so...who will sit???   There is no solution constitutionally, so...the only solution, IMO, is dissolution!!!!   Leaving Saleh and Kathemi in their current roles and able to solidify the efforts built into the White Paper's that we know are part of the driving force in the ESFL.

And one more thing....to those who think Maliki will get another crack at being the PM which is never going to even become close.  The Iraqi constitution states that a PM can only serve 2 terms.   Don't forget that!!!!  How many terms has Maliki served????   Thus endeth the lesson!! 

ALL IMO   PETRA!!!!

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MilitiaMan:   Well done and you observations have ample support.. There is no challenge to the EFSL. There is a note that they need to abide by the constitution and not disenfranchise anyone citizen.. The politicians are being warned by the court. By not having a seated government citizens are being discriminated against. Imo!! ~ MM

The judiciary recalls the Federal Court's decision on elections

06/20/2022 18:55:28

The Supreme Judicial Council recalled today, Monday, the Federal Supreme Court Decision No. 43 of 2021 regarding the elections.

 And the parliament’s media stated in a statement that {Euphrates News} received a copy of it, that: “The House of Representatives, when it issues legislation for elections, must treat all components of the Iraqi people in accordance with the principles of equality and equal opportunities, and ensure full representation of the people in the House of Representatives, and it is in violation of the constitution. Any legislative text that does not abide by with that.”

To view the decision link,  click here  LINK

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Samson:  Oil prices fell due to global economic concerns

20th June, 2022

Oil prices fell on Monday, as concerns about slowing global economic growth and fuel demand offset concerns about tight supplies.

Brent crude futures were down 18 cents, or 0.16%, at $112.94 a barrel by 04:33 GMT.

First month prices fell 7.3% last week, their first weekly decline in five years.

US West Texas Intermediate crude recorded 109.29 dollars a barrel, down 27 cents.

Oil from Russia, the world's second largest oil exporter, is still out of reach for most countries due to Western sanctions over the war in Ukraine.

The impact was mitigated in part by the release of strategic oil reserves, led by the United States, and increased production from the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+.  LINK

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Samson:  The framework submits a request to hold an emergency parliamentary session... and the reason?

06/20/2022 12:10:39

 A deputy from the State of Law bloc revealed that the coordinating framework submitted a request to the Presidency of the House of Representatives to hold an emergency parliamentary session.

Muhammad Al-Sihoud told {Euphrates News}: "The coordinating framework submitted 50 signatures to hold an emergency session to repeat the oath to the new deputies." And he indicated that "setting the date of the meeting is up to the presidency of the council."

It is noteworthy that the coordination framework's request to hold an emergency session to repeat the oath comes against the background of the resignation of the Sadrist bloc's deputies (73 deputies) and the rise of the winning candidates in their place.

A member of the National State Forces Alliance, Saad al-Lami, expected 44 parliamentary seats to be added to the coordination framework from the benches for the Sadrist bloc.   LINK

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