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Iraqi News Friday 7-9-21

Iraqi News Friday 7-9-21

TLM724 Administrator BondLady’s Corner

Parliamentary energy promises Iraqis: Electricity will improve

political| 03:28 - 09/07/2021    Baghdad - Mawazine News   The Parliamentary Oil and Energy Committee announced, on Friday, several recommendations that will be submitted to the Council of Ministers regarding the improvement of the electricity situation, stressing that Iraq will witness a clear improvement in energy.

Committee Chairman Haibat al-Halbousi said, "The House of Representatives, during its hosting of the Ministerial Energy Committee, discussed many issues, the most important of which is the deterioration of electrical energy," noting that "the meeting came out with several recommendations, including increasing fuel oil allocations for stations, in addition to a large number of recommendations that will be presented to the House of Representatives. Ministers during the next session for approval.

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He added that "the supply of electric power has reached more than 20 thousand megawatts, and this percentage is happening for the first time in the history of Iraq," stressing that "the coming days will witness a clear improvement in the supply of electric power."

https://www.mawazin.net/Details.aspx?jimare=159927

Parliamentary Finance Recommends Electronic Customs Linking Of Imported Goods To Dollars

Money  and business   Economy News _ Baghdad   Today, Friday, the Finance Committee in the House of Representatives recommended linking a customs electronic tax for imported goods with the Central Bank of Iraq.

The head of the committee, Haitham al-Jubouri, said in an interview with the Iraqi News Agency and followed by "Economy News", that "the committee does not have data on the volume of imports carried out by the Ministry of Trade or the Ministry of Planning, but the central bank is responsible for those transactions that are submitted to it."

l-Jubouri stressed that “the committee demanded that there be an electronic customs and tax link with the Central Bank in order to be sure that the goods for which the dollars are given will enter actual goods through the outlets in exchange for them,” noting that “the currency auction is an offer and demand and so far the price is appropriate and the banks In the remittances, they did not make a large profit, but rather some of them are exposed to a loss if the operating budget you make is taken.”

Al-Jubouri explained that "the Finance Committee hosted the Minister of Finance and the Governor of the Central Bank to find out the monetary and financial measures taken by the government to address the repercussions in the light of which the exchange rate change was approved."

Views 149 Date Added 07/09/2021    https://economy-news.net/content.php?id=25661

Dollar Exchange Rates Maintain Their Levels In Local Markets

Author: AhadNA3 On 7/9/2021 - 11:19 AM 60

The dollar exchange rates maintained, today, Friday, which witnessed a slight increase in the local markets.

The selling prices of the dollar were 147,500 dinars per $100, while the purchase prices of the dollar were 147,000 dinars per $100.

And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and its sale price to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar. https://alahadnews.net/214380/%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af/

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Oil Prices Rise After The Announcement Of A Decrease In US Inventories

Economie | 03:25 - 09/07/2021   Follow-up – Mawazine News:

Oil prices recorded a second consecutive session, on Friday, after data showed a decrease in US inventories.

According to “Reuters”, oil prices rose after the announcement of a decrease in US inventories, although it was heading for a weekly loss, amid uncertainty about global supplies since the failure of the “OPEC +” meeting.

Brent crude futures rose 75 cents, or 1.01%, to $74.87 a barrel, at 1111 GMT, while West Texas Intermediate in the United States rose 93 cents, or 1 28 percent, at $73.86 a barrel.

Nevertheless, prices on both sides of the Atlantic are heading towards a weekly loss of close to 2%, affected by the failure of pumping talks by the Organization of the Petroleum Exporting Countries (OPEC) and the (OPEC +) group.

Inventories of crude oil and gasoline have fallen, and demand for gasoline has fallen to its highest level since 2019, the US Energy Information Administration said Thursday, in a sign of the growing strength of the economy. https://www.mawazin.net/Details.aspx?jimare=159925

The Pentagon: Attacks On Our Soldiers And Diplomats In Iraq And Syria Are A Serious Threat

POSTED ON 2021-07-09 BY SOTALIRAQ    Today, Thursday, the Pentagon considered the "massive attacks" on US military personnel in Iraq and Syria as a "grave threat."

The US Department of Defense spokesman, John Kirby, said during a press conference, that the United States is deeply concerned about the attacks that have been carried out on its personnel in recent days.

Kirby added: “They use lethal weapons. I don't know how it can be described other than as a serious threat." LINK

 

Sirens sounded inside the US Consulate in Erbil

a wish| 03:43 - 09/07/2021   Erbil - Mawazine News   A security source said, on Friday, that sirens sounded inside the US Consulate in Erbil.

The source added that the consulate has not yet announced the reason for the sirens.

The US Consulate in Erbil had entered a state of alert two days ago, after the attack on the airport in the Kurdistan region's capital. Ended 29/R77    https://www.mawazin.net/Details.aspx?jimare=159930

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