Friday AM Iraq Economic News Highlights 8-12-22
Friday AM Iraq Economic News Highlights 8-12-22
Oil Prices Cross $100
Economie 2022-08-12 | 06:36 765 views Oil prices rose, in trading on Friday afternoon, above the level of $100 a barrel, after the black gold prices were in the red in the morning.
By 12:43 Moscow time, US crude futures were traded at the level of $94.59 a barrel, an increase of 0.26% from the previous closing price.
Meanwhile, Brent crude futures were traded at $100.14 a barrel, an increase of 0.54% over the previous settlement price, according to Bloomberg website data.
Black gold prices are heading towards recording the largest weekly gains in nearly 4 months. LINK
The Stability Of The Dollar Exchange Rate Against The Dinar
Economie| 10:33 - 12/08/2022 Baghdad - Mawazine News The dollar exchange rates on Friday witnessed stability on the Iraqi Stock Exchange. Selling price: 148,500 dinars per 100 dollars, purchase price: 148,400 dinars per 100 dollars https://www.mawazin.net/Details.aspx?jimare=202169
Dollar Exchange Rates In Iraq
Economie 2022-08-12 | 03:32 2,762 views Alsumaria News – Economy The dollar exchange rates witnessed stability today, Friday, on the Iraqi Stock Exchange.
The selling prices of the dollar were 148,500 dinars per 100 dollars, while the purchase prices of the dollar were 148,400 dinars per 100 dollars. LINK
Gold Prices Fall As The Dollar Rises
Economie 2022-08-12 | 05:58 867 views Gold prices fell, in trading today, Friday, and this came after the growth recorded in the past days, and the rise in the dollar also contributed to the decline in the prices of the precious metal.
By 10:44 Moscow time, NYSE Comex gold futures fell 0.18% to $1,803.90 an ounce.
Silver futures also fell 0.13% to $20.323 an ounce, according to trading data.
In the currency market, the dollar grew against a basket of major currencies, as dealers in the markets expect more measures before Federal Reserve System US (Central Bank) to curb inflation.
And at 10:35 a.m Moscow The euro exchange rate fell to 1.0324 dollars, while the European currency closed yesterday's trading at 1.0305.
The exchange rate of the US currency against the Japanese yen also rose to 133.36 yen, while the exchange rate when it settled yesterday at 132.87 yen. LINK
OPEC" Reveals Its Forecast For The Growth Rate Of Global Oil Demand
Economie 2022-08-11 | 09:18 Source: Agencies 897 views Regarding the next year 2023, the report stated: "The forecast for 2023 remained the same as in the previous report, 2.7 million barrels per day. This means that global demand for oil in 2023 will be 102.72 million barrels per day." LINK
Iraq Loses 1,000 Flights Per Day In The World Cup In Qatar Due To The Failure Of The Ministry Of Transport
Shafaq News/ A source in the Ministry of Transport revealed, on Friday, that Iraq lost 1,000 flights that were scheduled to pass through its airspace with the launch of the 2022 World Cup in Qatar due to the ministry's failure to manage the air navigation file.
The source told Shafaq News Agency, "At a time when the neighboring countries of Iraq are working to provide air navigation services in their airspace with the highest international standards and are cooperating and constantly seeking to attract airlines to use their airspace, as Saudi Arabia did in reducing transit fees for its airspace on the occasion of the 2022 World Cup that will be held In Qatar next October, at this time, we find the General Company for Air Navigation Services moving against the higher interests of Iraq.”
He added, "After the Air Navigation Company missed the opportunity to increase the air flow in our airspace during (Dubai Expo), the Air Navigation Company has been marketing lies to polish the image of the false air flow, which was expected to reach 1800 aircraft in Iraq per day during the upcoming World Cup events, while The mismanagement of the company and the Ministry of Transport reduced the number of planes in transit at the height of the World Cup so that it does not exceed 800 planes only, considering that "this represents the real failure of the Ministry of Transport in managing the air navigation file."
The source explained that "the Air Navigation Company has announced that it is holding meetings with the International Federation of Air Carriers (IATA) in order to increase the air flow, and this company does not know that the air flow has been resolved, and that the airlines know exactly the number of flights required to meet the demand." .
According to the source, "these companies developed their plans through a quick response from the neighboring countries of Iraq," noting that "Iraq's airspace will not get more than 800 flights per day at best, and thus Iraq lost more than 1,000 aircraft per day due to the mismanagement of the Ministry of Transport for this." file and not allow international expertise to help Iraq. LINK
Al-Ghazi: The Differences Will Be Paid Retroactively For The Past Months
Posted On2022-08-11 By Sotaliraq Launching the assignments of lecturers and administrators in the governorates Nasiriyah - Bassem Al-Rakabi
The Governor of Dhi Qar, Muhammad Hadi Al-Ghazi, confirmed that the differences due to contract holders of lecturers and administrators after the Ministry of Finance launched the necessary allocations, will be calculated from the beginning of this year.
Al-Ghazi said in a statement yesterday that (the ministry agreed to include the rights of the lecturers after completing the audit of their lists), and added that (the ministry worked to meet all the lecturers’ demands and that their salaries are fully insured), and added that (the financial differences for the lecturers start from last January). until next December).
Earlier, the ministry released financial amounts for lecturers and administrators, labor contributions and social security for the governorates.
A statement by the ministry stated yesterday that (the ministry has begun implementing the Diwaniyah Order Committee, which includes the release of financial amounts for lecturers and administrators and labor and social security contributions for the governorates, who are covered by the Emergency Support Law for Food Security), and the statement called on the spending units in the governorates to (review their authorized persons to receive books for the differences in lecturers’ wages, with the exception of my governorates).
Wasit and Muthanna), and added that (work is underway to audit the lists so that the budget department can take the necessary action), pointing out that (the sums are secured for the wages of all free lecturers without exception).
In a related development, the head of the Governorate Investment Authority, Ali Al-Dakhili, announced a package of reforms and administrative measures to improve the reality of the commission, which will take on the bulk of changing the face of the governorate and its service reality. LINK
Iraq Achieves Self-Sufficiency For 15 Agricultural Items
Baghdad / Obelisk: Today, Friday, the Ministry of Agriculture announced the achievement of self-sufficiency for 15 crops, while indicating that it is close to achieving self-sufficiency for animal products.
A spokesman for the Minister of Agriculture, Hadi Al-Yasiri, said, in a press statement, that achieving self-sufficiency in the domestic product for agricultural products is accompanied by requirements and requirements that must be met, indicating that among these requirements are the financial abundance and the annual financial allocation that falls within the allocations to support farmers to provide vaccines, veterinary medicines and pesticides. .
He added that among the requirements is also the provision of sound inputs for agricultural production, foremost of which is the abundance of water necessary for the implementation of agricultural plans and the cultivation of sufficient areas to achieve productivity that meets local self-sufficiency of products, explaining that all these matters stand in the way of self-sufficiency in crops.
He added that despite the great challenges, Iraq has achieved self-sufficiency for 15 crops for vegetables, and has approached self-sufficiency for animal products, particularly poultry, by a large percentage, explaining that there is a decline due to the crises that Iraq is exposed to in particular, foremost of which is climate change and water scarcity in addition to the Corona crisis. and others. https://almasalah.com/archives/10411