Sadr, Coordination Framework in Iraq May Collapse at Any Moment

Iraqi protesters chant anti-government slogans and carry the Iraqi national flag during a protest near the Supreme Judicial Council building in central Baghdad, Iraq on 02 September 2022. (EPA)
Iraqi protesters chant anti-government slogans and carry the Iraqi national flag during a protest near the Supreme Judicial Council building in central Baghdad, Iraq on 02 September 2022. (EPA)
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Sadr, Coordination Framework in Iraq May Collapse at Any Moment

Iraqi protesters chant anti-government slogans and carry the Iraqi national flag during a protest near the Supreme Judicial Council building in central Baghdad, Iraq on 02 September 2022. (EPA)
Iraqi protesters chant anti-government slogans and carry the Iraqi national flag during a protest near the Supreme Judicial Council building in central Baghdad, Iraq on 02 September 2022. (EPA)

Calm prevailed in Baghdad for a fourth consecutive day following the bloody clashes between the Shiite Sadrist movement and Asaib Ahl al-Haq that swept the Iraqi capital.

A fragile unwritten truce has largely been holding between the movement, of influential cleric Moqtada al-Sadr, and the pro-Iran Coordination Framework, of which the Asaib are a part of.

The calm has not prevented the rivals from trading accusations over the unrest and political impasse.

Sadr’s “minister”, Saleh Mohammed al-Iraqi demanded caretaker Prime Minister Mustafa al-Kadhimi to dismiss the leader of the Popular Mobilization Forces (PMF), Faleh al-Fayyad.

The PM did not respond to the request. His role as a caretaker bars him from fulfilling such a demand.

On Thursday, four militants were killed in reprisal attacks between the Sadrists and Asaib in the southern city of Basra. Two militiamen from Sadr's group Saraya al-Salam and two from the Asaib were killed.

Asaib leader, Qais Khazali later instructed his group to close their offices until further notice.

The United Nations Security Council on Friday expressed its alarm at the violence, acknowledging the government’s efforts to restore order.

It called for calm and restraint, welcoming statements from various parties that called against more violence.

It urged the parties to resolve their political disputes peacefully and to respect the rule of law.

Aide to Kadhimi, Dr. Hussein Allawi told Asharq Al-Awsat the PM played a “major role” in managing the crisis in order to preserve peace and stability and encourage political leaderships to support the government and prioritize national interests over partisan one.

Moreover, he noted that the orders of the army commander to the troops and commitment of the military and security forces to these orders helped maintain the peace.

He said the security forces’ constant contact with the political leaderships and constant communication with the PM allowed everyone to address the crisis faster than expected, leading to the containment of the clashes within 24 hours.

He urged the need for important initiatives to be proposed, similar to the national dialogue brought forward by Kadhimi.

The first round of the talks was a success, Allawi remarked, urging more talks with political leaderships.



Yemeni Rial Regains a Third of Its Value Amid Government Push to Curb Soaring Prices

Bundles of banknotes issued by the Yemeni government at the Central Bank headquarters in Aden. (Reuters)
Bundles of banknotes issued by the Yemeni government at the Central Bank headquarters in Aden. (Reuters)
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Yemeni Rial Regains a Third of Its Value Amid Government Push to Curb Soaring Prices

Bundles of banknotes issued by the Yemeni government at the Central Bank headquarters in Aden. (Reuters)
Bundles of banknotes issued by the Yemeni government at the Central Bank headquarters in Aden. (Reuters)

The Yemeni rial has regained nearly 30 percent of its value in government-controlled areas over the past few days. The recovery comes amid intensified efforts by both central and local authorities to stabilize commodity prices in line with the currency’s rebound against foreign currencies.

Banking sources in the interim capital, Aden, confirmed that the exchange rate of the US dollar dropped on Saturday to around 1,800 rials, down from nearly 2,900 rials in recent weeks. The sharp appreciation has sparked cautious optimism among citizens, many of whom have endured relentless price hikes on basic goods in recent months.

The rial’s rapid recovery is largely attributed to direct interventions by the Central Bank of Yemen, most notably its decision to revoke the licenses of 24 exchange companies accused of currency manipulation.

The bank also introduced a set of regulatory measures aimed at tightening oversight of the financial sector in coordination with commercial banks and money transfer agencies.

In response to the developments, Yemeni Prime Minister Salem bin Braik instructed the Ministry of Industry and Trade to deploy joint field inspection teams.

The teams will conduct comprehensive campaigns to monitor and enforce fair pricing for essential foodstuffs, aiming to ease the financial burden on citizens and ensure prices reflect the improved exchange rate.

“The government is bound to protect citizens’ interests while also safeguarding the private sector and encouraging investment,” the Prime Minister stated.

Any improvement in the currency’s value must be mirrored by corresponding reductions in the prices of imported basic commodities, particularly those brought in by major traders using foreign currency, he added.

Minister of Industry and Trade Mohammed Al-Ashwal echoed the call for broad governmental cooperation, urging local authorities, judiciary bodies, and security forces to support the inspection committees in their mission.

He revealed that an urgent directive had been issued to all provincial offices of the ministry to intensify market inspections and enforce compliance with adjusted pricing.

Al-Ashwal warned that violators could face the revocation of their business licenses and inclusion in a national blacklist if found guilty of price manipulation or ignoring official directives. He called on suppliers and merchants to adhere to what he termed “fair prices” in order to protect the national economy and avoid punitive action.

The latest reforms are part of a broader economic recovery plan endorsed by the Presidential Leadership Council, he said. This plan includes boosting financial and administrative oversight, regulating imports, and stabilizing the exchange market in partnership with the Central Bank and licensed exchange firms.