TNT:
Tishwash: After reaching international forums, the Iraqi company TNFX obtains a global license
The Iraqi company “TNFX” obtained a global permit from the Seychelles Securities Commission.
The company obtained the license, after its access to international forums culminated in obtaining this license.
The license allows the company to deal financially in Iraq and abroad. Link
CaliforniaSugar: “The Federal Supreme Court rejected the appeal submitted that the resignation of the Sadrist bloc’s deputies was invalid due to the lack of public interest of the plaintiffs. In other words, the appeal was NOT decided on the merits. Rather, the Plaintiffs did not have standing to bring the lawsuit. Parliament ruled today, on its merits, that the resignations were illegal because Sadr did not follow proper procedure
Bobby47: And that means what? To us
CaliforniaSugar: Bobby, it means that Sadr and his people can return to Parliament. That solves some of the issues. The still need to vote on PM and one of the three presidents
CharlieOK: Here is a quote from the article talking about Parliament resignations: “According to a letter sent to parliament by legal advisor Muhammad al-Ghazi, and seen by Middle East Eye, the MPs’ resignations did not follow the necessary processes, therefore the Sadrists are still MPs.”
Yada: It means that the 73 are still part of parliament!! The timing is great because now, the 73 members can vote, along with the kurds and independents to dissolve parliament leaving Kazimi and Salih in power until the next elections
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Tishwash: An economist warns of “difficult days” that will confront Iraq
An economist warned of “difficult days” that Iraq will face due to the increasing unemployment among graduates.
Nabil Al-Marsoumi said in a statement: “The graduates’ unemployment has become very large, as it affects almost all medical, engineering, administrative, agricultural and other sciences. In Iraq, it is linked to the oil sector, which is a capital-intensive and labor-intensive sector, as it absorbs in Iraq only 2% of the total labor force, while it contributes more than half of the gross domestic product.
And he indicated that “the solution does not lie in closing universities and institutes and spreading illiteracy among the people, but rather in developing and diversifying the economy through investment in its three forms, government and private, national and foreign investment. Without that, Iraq will face difficult days, especially since youth unemployment reaches 36%.”
Al-Marsoumi pointed out that “the labor force, which currently stands at more than 10 million, will reach 16 million in 2030.” link
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Tishwash: Parliamentary Energy: Discussions to amend the Oil and Gas Law and put it in Parliament
The Parliamentary Oil and Energy Committee announced discussions on the draft oil and gas law.
Committee member Durgham al-Maliki told {Euphrates News} that the committee “is facing a political legislative law in its work, which is the oil and gas law.”
And he indicated that “this law has many consequences, and members of the committee from all sects discuss the law in the hope that it will reach solutions or amendments to the law for the purpose of putting it in the House of Representatives in general.”
The file of the “oil and gas” law is prominent on the tables of political dialogues related to the formation of the federal government, between Baghdad and Erbil, and the opening of the law file currently coincides with the decision of the Federal Court, in mid-March, which considered the region’s oil activities in isolation from Baghdad a legal violation.
This led to the freezing of the work of some foreign oil companies in compliance with the decision, such as the American companies “Schlumberger” and “Baker Hughes” for oil field services.
The Kurdistan Regional Government considers that Baghdad is putting pressure on foreign companies operating in the region’s cities, while confirming, in its official statements, that it will defend the region’s financial dues and its constitutional rights by all means, and what guarantees its entitlements, including the results of the recent elections, and its shares in the ministries, at a time when The Federal Supreme Court has challenged the unilateral actions of the regional government in the field of extracting and exporting oil from the oil fields there, in isolation from Baghdad.
The oil and gas law in Iraq, which has been in parliament since 2005 due to political differences with Kurdish forces, stipulates that the responsibility for managing the country’s oil fields should be entrusted to a national oil company, supervised by a federal council specialized in this matter, meaning that Baghdad is responsible. About oil in Kurdistan, which Erbil rejects, and considers it a measure that violates the constitution.
The point of contention between Baghdad and Erbil also lies in the Iraqi constitution, which in recent years has turned into a subject of widespread controversy over its loose articles that are subject to interpretation and interpretation in more than one way link
