TNT – “Tidbits From TNT” Friday Morning 6-7-2024

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CandyKissses:  Integrity reveals moves to recover two of those involved in the theft of the century

Baghdad – Iraq Today:

The head of the Federal Integrity Commission, Haider Hanoun, confirmed the move to recover two of those accused of stealing the century from one of the countries, involved in stealing more than 3 trillion dinars.

Hanoun said in a press statement: “The case of theft of tax trusts, currently in the possession of the Anti-Corruption Investigation Court, the Anti-Corruption Criminal Investigation Office,” indicating that “the entire case is with the judiciary.”

He added, “The Commission of Integrity has an important development is to work to recover two of the accused in the crime of stealing tax trusts from one of the countries,” noting that “when we found opposition measures and the delay of work we asked the Prime Minister to intervene in the matter, and he is seeking great effort to recover the fugitive defendants in the case of theft of the century.”

He pointed out that “one of the defendants stole 2.6 trillion dinars, and the other 500 billion dinars, and when we can recover them, we will announce them and it will be a strengthened victory for this case; so that the judiciary can issue its speedy and fair verdict in the case, which will be considered a great victory over corruption.”

CandyKisses:  Deputy: Hidden hands working to prevent the rise of Iraq

Baghdad – Iraq Today:

Independent MP Kazem al-Touki confirmed that there are hidden hands trying to prevent Iraq from rising, commenting on the incidents of targeting restaurants and a number of brands in Baghdad.

Al-Toki said in a press interview that “Iraq has allocated sovereign amounts to guarantee foreign funds for investors and signed a number of agreements with international countries in order to secure funds in order to advance the economy.”

“The development of the economy cannot take place without internal security, especially with regard to oil licensing rounds, as we have noticed the reluctance of a number of large international companies to enter into these rounds,” he said.

“We have great confidence in the government of Prime Minister Mohamed Shia al-Sudani and Interior Minister Abdul Amir al-Shammari in following up on the issue of attacks on restaurants and brands,” al-Touki said, noting that “there is a personal interference from them in this matter.”

He explained that “all countries of the world are witnessing this kind of acts, but the situation of Iraq is somewhat different because security issues affect its economy,” stressing that “there are hidden hands trying to prevent Iraq from rising.”

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CandyKisses:  The framework settles the controversy: Al-Issawi as Speaker of Parliament

Baghdad – Iraq Today:

The coordination framework, which includes Shiite political forces except the Sadrist movement, confirmed that the defection of a group of Taqadam deputies will speed up the election of the speaker of the House of Representatives in the coming days.

The MP for the framework Salem Al-Anbaki in a press interview, that “the defection of a group of deputies of the Progress Party lost the right to claim the representation of the Sunni parliamentary majority, and the majority has become clear to the other party, which between its cohesion and fixed deputies within the alliance of sovereignty, determination and decisiveness, and now has become with them part of the deputies of progress.”

Al-Anbaki said that “the process of defection of deputies will accelerate the process of electing the speaker of the Iraqi Council of Representatives and progress can not object because he does not have any parliamentary majority, unlike the Sunni party opposed to him, and this means that Salem Issawi came closer to the position of speaker of parliament and will be elected by an absolute parliamentary majority after the Eid al-Adha holiday.”

Eleven members of the Iraqi parliament and members of provincial councils announced their defection from the Taqaddam bloc headed by Mohammed al-Halbousi and the establishment of a political front called the “Initiative” bloc.

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CcandyKisses:  After the assurances of OPEC Plus Oil prices rebound

BAGHDAD (Reuters) – Oil prices rose on Friday as assurances from OPEC Plus members Saudi Arabia and Russia indicated they were ready to halt or cancel production increases, but markets are heading for losses for the third week in a row.

Brent crude futures climbed two years to $79.89 a barrel, and U.S. West Texas Intermediate crude futures added four cents to $75.59.

Prices rose on Thursday when Saudi Arabia and Russia tried to reassure markets about production deals, but oil is on track to post losses for a third straight week.

The Organization of the Petroleum Exporting Countries and its allies, including Russia, have agreed to extend most output cuts until 2025, but have left open to eight members to phase out the voluntary cuts.

Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance could halt or cancel production increases if it found the market was not strong enough.