THE IMF WARNS OF A MAJOR THREAT TO THE US ECONOMY

The International Monetary Fund (IMF) has warned the United States against further escalation of trade disputes and the sudden slowdown in financial markets, which pose serious risks to the US economy, especially in the context of the trade war with China.IMF officials said Thursday that the US financial system is increasingly vulnerable and economic conditions may falter as investors are more concerned about US trade disputes.
“Trade disputes are the risk factor that we feel is the biggest concern for the US economy,” said Nigel Chuck, head of the IMF mission.

In his report, the IMF criticized attempts by the administration of US President Donald Trump to reform global trade relations by increasing tariffs.

The report stressed that it is particularly important to resolve the trade dispute with China as a threat to the global economy.

“Import duties have increased, and other steps taken by the US administration undermine the global trading system,” the report said.

“The regulators of the US financial sector have not done enough to address growing weaknesses in the financial system,” he warned, warning of potential damage to the US economy.

The trade war between the United States and China escalated last month after trade negotiations reached a standstill, with Washington accusing Beijing of backtracking on an imminent deal that the two countries’ officials were close to completing.

Trump also raised tariffs from 10 percent to 25 percent on Chinese goods worth 200 billion dollars, bringing China an increase in tariffs on US goods worth 50 billion dollars. The US administration also included the Chinese telecom giant Huawei on its black list.

Alforatnews.com

Newspaper: Abadi and wise (Hakim) decision to go to the opposition

Information / Baghdad .. According to the newspaper “the new Arab”, Wednesday, that the victory coalition headed by Haider Abadi and the stream of wisdom headed by Mr. Ammar Hakim ordered them to go to the opposition, stressing the existence of an undeclared decision in this regard.

The newspaper quoted in a report seen by (information), a parliamentary source as saying that “the trend towards the opposition has become a matter of time no more,” explaining that “some of the blocks of reform resolved in this regard, including the stream of wisdom (led by Hakim), and alliance victory (headed by Former Prime Minister Haider al-Abadi). ”

The source added that “there is an undeclared decision to go to the opposition, and the deadline given to Abdul Mahdi, is only to give the argument, not more,” indicating that “these blocks will wait for the end of the deadline, and then will announce its move.”

He pointed out that “there is an undeclared decision to go to the opposition, and the deadline given to Abdul Mahdi, is only to give the argument to him no more. “There is no chance for Abdul Mahdi, the situation is crisis and can not resolve any of the controversial issues, nor can face corruption and corrupt within the deadline.” Ending / 25

Faceiraq.org

Saleh and Abdul-Mahdi agree on the need to stay away from politics and solve the problems of Kirkuk and Diyala

President Barham Salih discussed with Prime Minister Adel Abdul Mahdi the results of the two Arab summit summits and the OIC summit held recently in Mecca.

The two sides discussed the international and regional situations, the role of Iraq based on keeping away from the policy of the axis, and continuing to abide by its clear policy, supreme national interests, and its independent national decision, the statement said.

During the meeting, they discussed developments in Kirkuk and Diyala, efforts to solve the problems facing the two provinces, to confront terrorism and to enhance security and social peace.

Radionawa.com

Abdul-Mahdi threatens the Kurdistan region … We (will) deducted from your salaries equivalent to 250 thousand barrels of oil per day

Baghdad / Sky Press – The head of the cabinet Adel Abdul Mahdi, yesterday, with the deduction of part of the salaries of the Kurdistan region, in the event of non-delivery of the region’s oil quota of 250 thousand barrels per day.

Abdul Mahdi said in his weekly speech, that the budget law required the Kurdistan region to hand over 250 thousand barrels of oil to the federal government every day, and if the province does not deliver this share will be deducted from the share of the province Maywazih.

“We have not received any barrels of oil from the region until today and the government does not hand over the share of the entire region, but only receive salaries and this is a right for our people in Kurdistan because they are our sons.”

He added that “the government pays salaries and receivables to the Kurdistan region under the budget and do not pay the remaining part because the budget law committed to deduct the amount offset by the amounts represented by the value of 250 thousand barrels of oil per day.”

skypressiq.net

Abdul Mahdi: Kurdistan region did not deliver Baghdad one barrel of oil as stipulated in the budget

Alsumaria News – Prime Minister Adel Abdul-Mahdi, on Sunday, not to hand over the Kurdistan region of one barrel of oil to Baghdad, as stipulated in the financial budget.
Abdul Mahdi said during his weekly press conference attended by Alsumaria News, “The federal government will not cut the salaries of employees of the Kurdistan region of Iraq.”

He added that ” Kurdistan did not deliver the federal government one barrel of oil as stipulated in the budget items.”

He pointed out Abdul – Mahdi , that “there are political differences and it is right to make it a source of threat to societal peace.”

alsumaria.tv

Anti-corruption announces the issuance of a list of wanted persons for the year 2016 and reveals the mechanism of detention of Ayoub

Baghdad today – An observer member of the Anti-Corruption Council, Said Moussa, issued a list of wanted persons in corruption cases dating back to 2016, while revealing the mechanism for the arrest of former Iraqi Secretary Naim Abboub.

“The judicial authorities have issued a new list of arrest warrants for the prosecution of a number of officials in the Iraqi state accused and convicted of financial corruption and money laundering,” Moussa said in a press statement (Baghdad Today), noting that “these officials are the rank of Director General and above, some Of them are inside and the other is outside Iraq. ”

He added that “the number of cases resolved by the judiciary during the past days amounts to about (900) cases out of more than (2500) financial and administrative corruption,” pointing out that “there are new lists containing arrest warrants against a number of officials fleeing.”

The observer member of the Supreme Council for the fight against corruption that “the arrest of the former Secretary of Baghdad comes within the new list issued by the judiciary to prosecute corrupt officials,” noting that “the new orders revert to issues raised in 2018.”
“The coordination work of the Supreme Council for Combating Corruption with the Integrity Commission and the Supreme Judicial Council has contributed to the issuance of arrest warrants against the wanted officials,” he said, adding that “the new list to be issued dates back to 2016.”

The Prime Minister Adel Abdul-Mahdi has announced, the restructuring of the Anti-Corruption Council to follow up the files of corruption and waste of public money and money laundering after the building of the Supreme Criminal Court headquarters for its regular meetings.

The Council consists of the National Intelligence and Security Services, the Integrity Commission, the Financial Control Bureau, the Supreme Judicial Council and the Inspectors General. The process of reclaiming the accused or convicted from outside Iraq goes through a mechanism requiring judicial decisions to prosecute and retrieve the fugitives at the request of the complainant.

A member of the Supreme Council for Combating Corruption explained the process of retrieving the wanted figures and the terror to Iraq by “the competent authorities to address the National Interpol in the Ministry of Interior, which circulates the names of those involved and fugitives to the International Police Departments around the world,” noting that ” Led by the prime minister’s office, played a major role in pursuing the return of those wanted and bringing them back to Iraq. ”

He stressed that “all those wanted for the elimination of Iraqis circulated warrants of arrest and recovery by the judicial authorities.”

He pointed out that “Britain, Panama, Turkey, Azerbaijan, the UAE and some of the Gulf countries are a safe haven for looted and smuggled money and money-laundering operations in Iraq.” He explained that “these countries are a free market that grants concessions to capitalists without checking their source of money . ”

“Iraq has signed memorandums of understanding with Jordan, Iran, Egypt and Lebanon to prosecute corruption and money laundering,” he said, noting that “Iraq and Lebanon are parties to the UN Convention against Corruption, which includes some 128 countries, which requires cooperation between States to prosecute corruption and money laundering.”

Baghdadtoday.news

President of the Republic and Najafan Barzani emphasize coordination and cooperation between the center and the region

Baghdad today – The President of the Republic Barham Salih, and the President of the Kurdistan region-elect Nizhirvan Barzani, Monday (June 3, 2019), the need for coordination and cooperation between the Kurdistan region and the federal government.

The presidency of the region in a statement that “the President of the region-elect Nigervan Barzani, made a telephone call with President Barham Saleh, during which the official invitation to the President of the Republic to attend the swearing-in ceremony of the President of the region, the two sides discussed the current political situation of Iraq and the region and the Kurdistan region.”

The statement added that “the two sides had the same views on the importance of maintaining unity and solidarity in the sensitive circumstances experienced by the region, and stressed the need to unify efforts to overcome the differences and the dimensions of Iraq and the Kurdistan Region from the crises.”

The President of the Republic and the President-elect of the Kurdistan Region stressed the need for coordination and cooperation between the Kurdistan Region and the federal government.

The President also extended his congratulations to the President of the Kurdistan Region elected and I hope Barzani success and conciliation.

Baghdadtoday.news

Ammar al-Hakim gives Abdul-Mahdi a few days before going to his government’s opposition

The Coalition for Reform and Reconstruction (AMR) on Monday gave coalition leader Ammar al-Hakim a deadline for Prime Minister Adel Abdul-Mahdi to hold a “real reform” in the Iraqi state and tackle “all failures and failures in his government.”

“Hakim gave a deadline to Prime Minister Adel Abdul-Mahdi until the end of Eid al-Fitr, and the government of Abdul-Mahdi to carry out real reform measures or direct reform to the opposition,” Rep. Nada Shaker Jawdat told Asharq Al-Awsat.

“The meetings and ongoing dialogues between the parties to reform, to discuss and discuss the orientation of the coalition to the opposition to the truth, and officially and publicly, as we are waiting for what will be done by Abdul Mahdi, although the deadline is nearing completion, without doing anything on the ground.

Shafaaq.com

Kurdistan President-Elect, Iraqi Counterpart Talk over the Phone

ERBIL — The president-elect of Kurdistan Region, Nechirvan Barzani, held a phone conversation with Barham Salih, the president of Iraq, on Monday.

Barzani and Barham reviewed the latest political and security developments in the region, and agreed on the necessity of joint efforts for resolving the remaining disputes between Erbil and Baghdad, according to an official press release.

Salih congratulated Barzani on his election as the new president of Kurdistan Region.

Barzani also invited Salih to the swearing-in ceremony set for 10th June where several dozens of leaders and international political leaders are expected to attend.

Basnews.com

Cabinet reviews measures to improve electricity provision and other public services

The Cabinet held its regular meeting in Baghdad on Sunday under the chairmanship of Prime Minister, Mr. Adil Abd Al-Mahdi.

The Cabinet reviewed measures to improve electricity supply across Iraq and to increase the grid capacity to deliver a more reliable service to homes and businesses.

The Cabinet also reviewed progress to improve the delivery of other key public services.
The Cabinet voted to grant the Governor of Kirkuk the authority to approve the province’s investment plan for 2019.

The Cabinet approved a draft law on the accession of the Republic of Iraq to the 1992 International Convention on Civil Liability for Oil Pollution Damage, known as the ‘CLC Convention’.

The Cabinet also discussed a range of other policies and draft laws.

Gds.gov.iq