"Chatter and News" From TNT Sunday Evening 3-27-2022

TNT:

KaseyKo1:  Been reading a lot of recent tweets coming out of Iraq & I just truly don't know what to think about these people. It's sounding like there is some legislation being worked on that if any parliament member misses 3 sessions, they will be booted out of parliament & their immunity removed. Hummmm....wonder how that will work out.  Appears that Maliki's camp is really pulling out all the stops to keep the session from happening Wed.

GraceRenewed:  I think it is beyond ridiculous that they can’t do one right thing for their country. My heart aches for their people

KaseyKo1:  I'm actually hoping that we're just seeing a lot of smoke & mirrors right now. It appears the session on Mon was for a 2nd reading of a draft bill addressing the emergency need of food svcs for the Iraqi people. Possibly for RV coming quickly?

KaseyKo1:  I'm optimistic on this front. I'm thinking it makes sense that they would have gotten their parliament into place & sworn in on Sat, if they were looking to pass a law & possibly open the budget, which would reflect the new rate. I know, I know, wishful thinking! But I'm hopeful, nonetheless!

Yada:  Agreed kaseyko,,,,the forming of the committees is anticipation of the president being voted in and the Framework do not want to lose their leverage with parliament desolved,,

KaseyKo1:  Thanks for reminding me of the point, yada. I had forgotten that the Framework is acting quite desperate, in they're not wanting to dissolve the parliament so as not to lose their leverage.

CharlieOK:  The problem is having to rely on ANY article of news coming out of Iraq. I am mostly hopeful that we may see it "soon" because of the drastic needs throughout the world. Perhaps the CBI will "just do it" and the ptb can stay on top of making sure the political crooks in Iraq won't steal too much of the money.

KaseyKo1: I hear what you're saying, CharlieOK, I just hope they don't have to stay with the "status quo" for the sake of the Iraqi people. That would be a travesty after everything they've gone through to get to this point.

KaseyKo1:  I just can't imagine that the PTB would allow that to happen. What's concerning to me is if it gets back to the point of possible sanctions being placed back on to Iraq for non-compliance issues. Good grief! (Sigh)

CharlieOk:  I like your point about the finance committee. Perhaps that will help the CBI get "with it". The laws of Iraq seem designed for stalemate. Perhaps Iraq is as secure as it is going to get. Hope it is enough.

Yada:  The finance committee will work with the CBI when the time to release takes place. Notice, as Kadzimi had stated, those are willing to work within the new government will be given positions of authority. The committee is complete and none of the Framework distractors are there to stop what the CBI is about to do.

CharlieOK:  That's a definite high five. Hope that's right.

KaseyKo1:  Great point, yada, "The committee is complete and none of the Framework distractors are there to stop what the CBI is about to do." I hadn't thought about it in those terms.

Fitzgerald:  WELL IT APPEARS THAT THE RATE IS NOW DESTINED TO HAPPEN NOW…IF THE ONLY REAL COMPONENT THAT MATTERS IS THE NEWLY SEATED MINISTRY OF FINANCE

KaseyKo1:  Well, Fitz, if the PTB were trying to pull a fast one & put attention on the president & prime minister instead of the finance committee, appears they were successful.

Saltair:  Pollyanna thought here:   Referring to Kasey, Yada and CharlieOK's discussion: I loved the "tweet" Kasey mentioned re: if a Parl member missed 3 sessions, out they go! Vote mtng is Wed but Parl working M and T, members missed the Sat session...Why schedule the vote many days out, but to SNEAK in the vote on any day the quorum is there? Who knows they may call for the vote IF 220 members are present on any of those day???? Over and out!

Annie68:  Love your thought about sneaking the vote in! It would be genius! Lol…Does this come under "where there's a will there's a way?"

KaseyKo1:  Good evening, saltair! Good point. It worked with getting parliament seated without Maliki's interference from what I understand.

************

CandyKisses:  A rise in Iraq’s oil exports to America in a week

Baghdad/The Obelisk: 

The US Energy Information Administration announced, on Sunday, March 27, 2022, that Iraqi oil exports to America increased significantly during the past week, reaching an average of 489,000 barrels per day.

The administration said in a report that "the average US imports of crude oil during the past week from nine countries amounted to 5867 million barrels per day, an increase of 334,000 barrels per day compared to the previous week, which amounted to 5533 million barrels per day."

And she added, "Iraq's oil exports to America amounted to an average of 489,000 barrels per day during the past week, up from the previous week, in which the average exports amounted to 161,000 barrels per day."

She noted that "most of America's oil revenues during the past week came from Canada, at a rate of 3.806 million barrels per day, followed by Mexico at a rate of 641,000 barrels per day, then Saudi Arabia at a rate of 534,000 barrels per day, then Brazil at a rate of 150,000 barrels per day, and then Ecuador. an average of 103,000 barrels per day.

According to the administration, "the amount of US imports of crude oil from Colombia amounted to an average of 72,000 barrels per day, and from Russia at a rate of 70,000 barrels per day, and Nigeria at a rate of two thousand barrels per day, while America did not import any quantity from Trinidad and Tobago."

************

Tishwash:  The Chinese yuan in the Gulf..the dollar is falling..the game has begun

Whoever said that the keys to the economy will not be able to open the locks of politics and its doors that are entrenched behind treaties, agreements and alliances that make the economy a gateway to major geopolitical changes that overthrow the existing ones, so that the game begins with new conditions and new players in the fundamentals supported in the political systems and their alphabets that neither a permanent friend nor a permanent enemy, but .Common interests

Those interests, which began to draw the features of the alliances of countries and the strategies of their economies, may make them rethink their decisions and their political mixes in a new way, drawing a political map in different colors. The monetary process of their countries with the movement of the dollar has begun. This dependence has begun to falter in its steps and avoid going on an unknown path caused by economic consequences associated with a .political and military defeat for that pole that may even topple its economy

What was recently rumored about the intention to have an agreement for the Chinese yuan to enter the Saudi oil markets, which may open the door for it to enter other Gulf markets, may be a real start to break the Saudi riyal’s partnership with the US dollar, with preludes suggesting a political divergence that begins with the dissolution of Saudi .monetary dependency on the US dollar Saudi Arabia’s attempts to price some of its oil sales in yuan to China gives credibility to this Gulf country’s intention to establish a new economic system that depends on its income on diversification of currency sources and away from that frightening political influence that America was exercising on the Gulf states in order to engage in proxy wars, .even if it was economic for the interest USA

What the Wall Street Journal reported on Saudi Crown Prince Mohammed bin Salman’s rejection of an American request to increase oil production to reduce global prices in light of the rise that accompanied the Russian invasion of Ukraine suggests that oil may regain its role in being an effective weapon in the war as it was used Weapons in the October War of 1973, and the newspaper confirms that Mohammed bin Salman refused to make a phone call with US .President Joe Biden, which confirms the emergence of an economic crisis that will be followed by a political one

Riyadh began to recalculate, especially after the shameful American withdrawal from Afghanistan and leaving this country an easy prey for extremists and handing them the reins of government, which was fighting them even in the mountains and caves of Afghanistan. She was the one who was believed to be the world's policeman, so that the .picture became clear that this policeman was nothing but a poor old man

The Chinese yuan will enter the Gulf markets sooner or later due to Beijing’s attempts to persuade Riyadh to pay the Chinese yuan in exchange for Saudi oil. Reducing the impact on the US sanctions and their economic damage, especially since the indicators suggest the hypothesis of an increase in the supply of US money to face future . .challenges and fear of economic collapses for countries ruled by the dollar

In the end, the political game began with economic headlines accompanied by events of political and economic significance that would not be lost after Bashar al-Assad visited the United Arab Emirates, and this challenge from both sides to the American annoyance and discontent with this visit, which suggests that this Gulf country has .departed from the authority of the American decision and an attempt to get closer to the head of the Syrian regime

In the midst of these events and what is happening in the corridors of politics from a Russian-Chinese deal mentioned by the Iranian Mehr Agency, it is being prepared in order to persuade the Iranian government to urge the Yemenis to negotiate and announce a comprehensive settlement and end the state of war in Yemen in preparation for a comprehensive agreement that is part of a major deal in the region under Russian auspices. In the near future, China may draw a new political map (a new Middle East) with political and economic mixtures that reposition old alliances .and produce new policies that distance them from unipolar hegemony

But the strange and surprising thing is that there are countries that still enslave their economy and make it a servile slave to the US dollar and insult their currency as Iraq does, not for anything but more prostration for the decisions of the International Monetary Fund or because some of its politicians are linked to the dependencies and loyalties of those who came with them and made them sit in the chairs of government. The humiliation of their currency despite all the images and scenes that suggest radical changes, which confirms that they did not understand the lesson well .or that they are in the final stages of political stupidity, and that is the calamity  link

Previous
Previous

Iraqi News Sunday Afternoon 3-27-22

Next
Next

Humor While We Wait....And Wait....And Wait..........