TNT – “Tidbits From TNT” Friday 5-10-2024


Tishwash:  The House of Representatives decides to extend its first legislative term by 30 days

The Presidency of Parliament decided, today, Thursday, to extend the first legislative term of the House of Representatives by 30 days.

The Parliament’s Media Department stated in a statement received by the Iraqi News Agency (INA), that “based on Article 58 of the Constitution, the Presidency of the House of Representatives decided to extend the first legislative term, for the third legislative year, in the fifth electoral cycle, for a period of thirty days.  link

Tishwash:  Publishes the text of Al-Sudani’s request to Guterres to end UNAMI’s work in Iraq

Our agency publishes the text of the request of the Prime Minister, Muhammad Shiaa Al-Sudani, to the Secretary-General of the United Nations, Antonio Guterres, to permanently end the work of the United Nations mission in Iraq.

Al-Sudani indicated in his letter, a copy of which was obtained by {Al-Furat News}, that “the justifications for the presence of a political mission in Iraq are no longer available, especially after more than 20 years have passed since the democratic transition and overcoming great and diverse challenges.”

To view the text of Al-Sudani’s letter to Guterres, click here   link


CandyKisses:  A call for the Sudanese to remove the American forces from Iraq

Information / Baghdad…

The head of the organizing body of the popular movement for the Belt and Road, Hussein al-Karawi, on Friday, called on Prime Minister Mohammed Shia al-Sudani to speed up the removal of US forces from Iraq.

Al-Karawi told Al-Maalouma that “the Iraqi people and the resistance will not remain silent in the face of US violations of Iraqi autonomy and the abuses it commits against Iraq.”

Al-Karawi predicted that “the US forces will be subjected to blows from the resistance, if they do not comply with the fait accompli and leave Iraq, pointing out that America continues its encroachments on Iraq and its autonomy.” 


CandyKisses:  Setting the opening dates of 5 projects within the bottleneck package

Economy News – Baghdad

The Ministry of Construction, Housing and Municipalities announced on Friday the opening dates of 5 projects within the package of breaking traffic jams.

The ministry’s spokesman, Istabraq Sabah, said in a statement seen by “Economy News”, that, “The ministry is proceeding with projects to break traffic jams and implement the commitment listed for the projects of the first package within the government program,” noting that “the projects of the first package consist of 16 projects and on more than one area on the sides of Karkh and Rusafa.”

Sabah explained that “the Fine Arts Bridge and Cordoba Intersection have been opened, and two other projects are in the process of opening, the first project is the Shaljia Bridge and it is hoped that it will be opened this month, as well as the project to link the Mohandessin neighborhood inside, which includes two bridges, the first on the side of the engineers and the second on the inside side and a small bridge linking them, as work is underway on it and will be opened in the coming period.”

He added that “next June, will witness the opening of the bridge linking from a beautiful area to the street neighborhood jihad – Bab Al-Muadham, and in July will open bridges Aden and Sanaa,” noting that “the rest of the projects will be opened successively.”

“A number of water and sanitation projects will be inaugurated this year, in addition to finalising a number of residential complexes that fall under low-cost housing in the southern and central provinces,” he said.


CandyKisses:  Gold is heading for its best weekly performance in a month

Economy News – Follow-up

Gold prices rose during trading, on early Friday, heading towards recording the best weekly performance since the fifth of April, after economic data strengthened bets that the Federal Reserve (US central bank) will cut interest rates.

By 0212 GMT, spot gold was up 0.2 percent at $2,350.87 an ounce, after hitting a more than two-week high earlier. Prices have risen about 2.2 percent since the start of the week.

U.S. gold futures rose 0.7 percent to $2,356.90.

Data on Thursday showed the number of Americans filing new applications for unemployment benefits increased more than expected last week.

Traders are likely to start the Federal Reserve’s easing cycle in September. Lower interest rates reduce the opportunity cost of holding the yellow metal.

Data from the US Producer Price Index and CPI are due next week.

Among other precious metals, spot silver rose 0.2 percent to $28.38 an ounce, and is on track to record its best weekly performance since April 5 as well.

Platinum rose 0.6 percent to $983.78 and palladium rose 0.5 percent to $971.50. Both metals are heading for weekly gains.