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Early Wednesday Morning Iraq News 4-27-22

Early Wednesday Morning Iraq News 4-27-22

USAID Provides $122 Million In Aid To Iraq

Economy News-Baghdad   The World Health Organization announced, on Tuesday, that the United States Agency for International Development "USAID" provided aid to Iraq worth 122 million dollars, and it became the largest funding partner for the organization in Iraq, after 5 years of its strategic partnership in Iraq with the organization .

The United Nations organization noted in a statement that, during these five years, USAID provided $122 million to the organization in order to support efforts to provide basic health care services to the needy population in Iraq .

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A United Nations statement quoted the representative of the World Health Organization in Iraq, Ahmed Zouiten, as saying that “USAID” was “the largest funding partner of the World Health Organization in Iraq during the past five years,” adding, “We are proud of a real and growing partnership that has helped us enhance access to care services.” urgent health care for millions of people in different governorates ."

Zouiten pointed out that "the World Health Organization highly values" the influential partnership, and we are exploring new opportunities to further deepen this partnership .

According to the World Health Organization, the generous US contribution helped provide more than 6 million primary health care consultations, including psychological and physical rehabilitation for Iraqi citizens, while more than 1,500 people benefited from various capacity-development trainings .

In addition, US funding contributed to securing 56 ambulances to serve the Iraqi health sector, and the delivery of medicines, medical supplies, and testing devices to conflict-affected governorates, with the aim of providing health care to millions of people, including 300,000 Syrian refugees and host communities in the governorates of Erbil, Dohuk and Sulaymaniyah. .

The statement added that USAID contributed to supporting the efforts of the World Health Organization in Iraq in responding and dealing with the Corona epidemic by supporting the increase of vaccination centers in difficult humanitarian areas, including refugee camps and internally displaced persons, and training medical workers on the front lines to care for Corona patients. Organizing awareness campaigns

The statement concluded with a statement by Heather Child, the acting director of the USAID mission in Iraq, that "the United States is the largest provider of humanitarian assistance in Iraq, and we are pleased to celebrate five years of fruitful partnership with the World Health Organization," stressing the commitment "to work with the Government of Iraq." and other partners to provide vital services to the neediest citizens in Iraq ." https://economy-news.net/content.php?id=27798

Oil Extends Gains As Geopolitical Tensions Intensify

Oil prices extended gains in early Asian trade on Wednesday, with Russia warning against cutting gas supplies to Poland and Bulgaria, while hopes of Chinese economic stimulus boosted oil demand expectations.

Brent crude futures rose $0.44, or 0.42 percent, to $105.43 a barrel by 04:38 GMT, and US West Texas Intermediate crude futures rose $0.21, or 0.20%, to $101.95 a barrel.

Crude oil prices settled up about 3% on Tuesday in choppy trading as the market fluctuates between supply and demand concerns over Russian oil and gas disruptions and deteriorating global economic prospects.

Russia's Gazprom told Poland and Bulgaria it would halt gas supplies from Wednesday over non-payment of supplied gas in Russian rubles, in a major escalation of the wider dispute between Russia and the West over its invasion of Ukraine.

The International Monetary Fund (IMF) warned Tuesday that Asia faces "stagflationary" expectations with the Ukraine war, higher commodity prices and a slowdown in China creating great uncertainty.

https://economy-news.net/content.php?id=27795

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Iraq Is The Main Importer.. Iran Exports 3 Million Car Batteries In One Year

ECONOMIC   LAST UPDATE 4/27/2022  Information/Baghdad...  The head of the Iranian Battery Producers Association, Kazem Mortad, announced, on Wednesday, that more than three million car batteries were exported during the last Iranian year (ends on March 20, 2022).

Mortad said in a statement reported by the official Iranian news agency IRNA that "more than three million car batteries were exported during the last Iranian year," noting that "Iraq, Uzbekistan, Tajikistan and Afghanistan were the main destinations for the export of this product."

He declared, "Iran intends to increase its export of this product to five million batteries annually by launching new production lines."

Referring to the high quality of Iranian batteries, he said, "This industry does not adopt complex technology and we have modern technical knowledge to produce it."    https://almaalomah.me/2022/04/27/595153/

Indian And Chinese Companies Accounted For The Largest Share Of Iraq's Oil Exports In March

Shafaq News/ The Iraqi Oil Marketing Company "SOMO" announced on Wednesday that the Indian and Chinese oil companies were the most numerous to purchase Iraqi oil during the month of March.

"SOMO" stated in a statistic published on its official website and seen by Shafak News Agency, that "Indian and Chinese companies were the most numerous among other international companies in purchasing Iraqi oil, with 8 companies each out of 34 companies that purchased oil during the month of March." .

She added that "the South Korean companies came second with 4 companies, then the American, Greek and Russian companies came with two companies each, while the rest were distributed to the Spanish, British, Turkish, (Dutch-British), Italian, Kuwaiti, Malaysian and Japanese companies, with one company for each."

Somo indicated that it "relies in selling Iraqi oil on the main criteria for contracting with major, medium, independent and vertically integrated international oil companies," noting that "the most prominent international companies that bought Iraqi oil are the Indian Bharat Company, the Korean Hyundai, the American Chevron, the British Dutch Shell and the Italian Eni." , and British BP.   LINK

More Than A Dollar .. The Increase In The OPEC Crude Basket

Shafaq News/ The prices of the OPEC crude oil basket rose, on Wednesday, by more than one dollar, to record nearly 103 dollars per barrel.

And the Organization of the Petroleum Exporting Countries stated in a report seen by Shafak News Agency, that "the price of the OPEC basket of 13 barrels of crude recorded 102.94 dollars per barrel," noting that "the price rose from the previous day by 1.01 dollars after recording 101.93 dollars."

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Oil prices rose globally after the escalation of tension between Russia, the world's largest oil and gas exporter, with Western countries following the war in Ukraine and its threats to cut off gas from Poland and Bulgaria.

The Organization of Petroleum Exporting Countries (OPEC) reference basket consists of the following: Sahara Blend (Algeria), Girasole (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabie Lite (Gabon), Heavy Iran (Islamic Republic of Iran) Iran ), Basra Al Khafif (Iraq), Kuwait Export (Kuwait), Es Sidr (Libya), Pune Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Miri (Venezuela).   LINK

Nechirvan Barzani And An American Delegation Agree On The Need To Get Out Of The Iraqi Political Crisis

Shafaq News/ The President of Kurdistan Region, Nechirvan Barzani received today, Tuesday, a high-ranking US diplomatic and military delegation headed by Dina Strol, US Deputy Secretary of Defense for Middle East Affairs.

The delegation also included Matthew Tueller, the US ambassador to Iraq, Matthew Trollinger, deputy director of political and military affairs for the US joint forces in the Middle East, and a number of political and military officials.

A statement issued by the presidency stated that at the beginning of the meeting, Stroll affirmed America's vision and policy by committing to the continuity of political and military support for Iraq and the Kurdistan Region, and to proceed with joint partnership and cooperation between them, appreciating the sacrifices of the Peshmerga forces in the war against ISIS.

For his part, President Nechirvan Barzani renewed his thanks and appreciation for providing support and assistance by the United States and the international coalition against ISIS to Iraq and the Kurdistan Region in the face of terrorism, according to the statement.

The statement added that the two sides agreed on the importance and necessity of the steps taken by the Iraqi components to get out of the political crisis in the country, and the advent of a government that responds to what the citizens expect from it, and is able to face challenges, and stressed the importance of cohesion and unity of the ranks of the Kurdish parties, and within this framework was also emphasized on Continuation of dialogue to resolve differences and outstanding issues between Erbil and Baghdad.

In another axis, the meeting described the movements and attacks of ISIS in different regions of Iraq and Syria as serious threats and real dangers. In the meantime, the two sides stressed the importance of cooperation and coordination between the Peshmerga and the Iraqi army so that they could support the international coalition, in the face of these dangers, and the complete elimination of ISIS, which has become It threatens peace and stability in Iraq and the region.   LINK

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