Iraqi News Friday Afternoon 6-3-22

Iraqi News Friday Afternoon 6-3-22

TLM724 Administrator BondLady’s Corner

Clarification On The Reason For The Delay In Iraq's Accession To The World Trade Organization

Economie  Fri, Jun 3 2022 10:34 AM  National News Center / Baghdad  Today, Friday, the Ministry of Commerce announced that the laws in force prevent Iraq from entering the World Trade Organization, while indicating a new vision for the country to join this organization.

The ministry's spokesman, Muhammad Hanoun, said in a statement to the National News Center that "Iraq has been seeking for years to join the World Trade Organization," stressing the "necessity of enacting laws that are compatible with the decisions in which the organization operates."

He added that "the ministry is a governmental institution, like other ministries, subject to laws that prevent entry to this large organization," calling on the parliament to "legislate laws during the coming period that are compatible with the organization's decisions."

Hanoun indicated that "the Ministry of Commerce is working with the ministries to expedite Iraq's entry into the organization with a new vision," explaining that "the government's effort is effective in eliminating time and harmonizing with the laws of the World Trade Organization."  https://nnciraq.com/132424/

Parliamentary Efforts To Vote On Emergency Support Next Weekend

Iraq   Thursday, June 2, 2022 9:21 PM   National News Center/ Baghdad

Today, Thursday, the Parliamentary Finance Committee detailed the allocations for the emergency support law proposal and its covered sectors, while stressing that it must be voted on before the eighth of this month, that is, before the end of the first legislative term, the end of next week.

A member of the Parliamentary Finance Committee, Muhannad Al-Khazali, told Al-Iraqiya News and its follower, the National News Center, that "since yesterday, the committee began deliberating the allocations of the law proposal, where large sums will be allocated to supplement food security through the ration card, with approximately 8.5 trillion dinars."

He added, "As for the amounts of development, 8 trillion dinars will be allocated for the development of the regions, distributed to the governorates according to the population and poverty rate, in addition to one trillion dinars allocated to the oil-producing governorates."

He pointed out that "the emergency support law also focused on the file of electricity and gas debt, and 5 trillion and 300 billion dinars were allocated in the law for this matter."

With regard to the allocations for adding lecturers to the law, Khazali stated that “the members of the Finance Committee with the addition of allocations for lecturers, contracts and scientists and find that there is an interest in adding them, and a letter was sent to the Ministry of Finance about its need for allocations.”

He stressed that voting on the law must be completed before next Wednesday, the eighth of this month, as it will be the date for the end of the first legislative term.   https://nnciraq.com/132385/

Fouad Hussein To The US Ambassador To Iraq: The Security Situation In Iraq Is Improving Compared To The Past

Political | 01:42 - 03/06/2022   Baghdad - Mawazine News, Minister of Foreign Affairs, Fouad Hussein, confirmed today, Friday, that the security situation in Iraq is improving compared to the past.

The ministry stated in a statement that Mawazine News received a copy of it, that "Foreign Minister Fouad Hussein received a copy of the credentials of Alina L. Romanowsky, the US ambassador to Iraq, and then the two sides held talks about ways to advance bilateral relations between the two countries, and the importance of enhancing opportunities for Cooperation at various levels to meet the aspirations of the two peoples.

The statement added that "the two sides discussed the most important climatic challenges facing the region, such as dust, drought, desertification, and the decline of biodiversity, and ways to confront all of this, to reduce the effects of the phenomenon of climate change and provide a healthy environment suitable for humanity."

And he indicated that "the situation in Iraq, including the security situation, explained that" the security situation in Iraq is improving compared to the past, pointing out that "the government is making great efforts to return the remaining displaced persons, and to create a safe environment for their return to their areas of residence."

He added that "the two sides also discussed a number of international and regional issues, and files of common interest, foremost of which are the security and military developments in Ukraine and how this conflict affects the security situation in the region in general and the economic situation in particular."

For her part, the US ambassador expressed her country's commitment to providing support and assistance to the government and people of Iraq in several areas, including culture, education, health and the environment.

Hussein affirmed, according to the statement, "the Ministry of Foreign Affairs' readiness to provide all conditions that would enable it to perform its duties to the fullest."

https://www.mawazin.net/Details.aspx?jimare=195337

UN: Impunity Creates Environment Of Fear And Intimidation In Iraq

Posted On2022-06-02 By Sotaliraq   On Thursday, the United Nations Assistance Mission for Iraq (UNAMI) stressed that the failure to hold those involved in the killing of demonstrators and civilian activists to account creates an environment of fear and intimidation for freedom of opinion.

In a report published by Agence France-Presse, UNAMI and the Office of the United Nations High Commissioner for Human Rights stated that "impunity creates an environment of fear and intimidation that limits freedom of expression."

Although the report referred to “payment of compensation to the families of most of the victims who were killed during the demonstrations” that swept the country in 2019, it documented 26 incidents committed by “unidentified gunmen” with the aim of “suppressing opposition and criticism,” between the beginning of May 2021 and the end of April 2022.

The report documents 27 individual interviews and meetings with the judicial authority in the capital, Baghdad and southern governorates, which are “three murder attempts, five violent attacks, a house raid, 14 attacks with explosive devices, one kidnapping attack, an incident of property destruction, and many non-violent threats.”

The report indicated in particular that “unidentified gunmen were shot dead” in May 2021, a prominent activist in Karbala and a coordinator of the demonstrations.

He pointed to the assassination of political analyst Hisham al-Hashemi, in front of his house, on July 6 last in Baghdad, and the report stated that the trial was repeatedly postponed, due to "the inability to bring the accused to court."

The United Nations expressed concern that “judges, investigative officers and activists demanding accountability have been threatened, intimidated or violently attacked by persons believed to be associated with or supporting armed elements.”

The report noted that while “most crimes are carried out anonymously, the information indicates that detainees and convicts may belong to well-known armed groups operating outside the control of the state.”

It is noteworthy that in October 2019, Iraq witnessed an unprecedented wave of demonstrations, which swept the capital and most of the south of the country, during which protesters demanded a change of regime, but the movement was subjected to a bloody repression that killed more than 600 people and wounded at least 30,000.

The government headed by Mustafa Al-Kazemi, which assumed responsibility in May 2020, pledged to prosecute those involved in the killing of protesters and activists.

However, "the Iraqi authorities have taken limited steps to investigate the unlawful killing and wounding of protesters, critics, and activists," according to the report.   LINK

Iraq Ranks Second.. A Report Identifies 10 Economies That Will Grow At The Highest Pace In 2022

Economie   2022-06-03 | 06:31  3,672 views  Forecasts prepared last April showed that the global economy is expected to grow by 3.6% this year, and this comes in light of the pressures it is facing.

And Statista, citing data from FMI and the World Economic Outlook, identified ten economies in the world that are expected to grow at the highest pace in 2022, and the list included 3 Arab countries.

According to a chart by "Statista", a German company specializing in market and consumer data, the Iraqi economy will grow at a rate of 9.5% this year and will occupy second place in the list after Guyana Which will lead the world's economies in growth, as its economy is expected to grow by 47.2%.

It comes in third place Kuwait(8.2%) and then India(8.2%), followed by Saudi Arabia (7.6%), and then Panama(7.5%), Niger (6.9%), and later The Philippines(6.5%), Falcongo (6.4%), and then Bangladesh (6.4%).

LINK

Learn About The Dollar Exchange Rates In The Local Iraqi Markets

Economie| 09:24 - 03/06/2022 Baghdad - Mawazine News The dollar prices witnessed, today, Friday, a slight decrease in the local Iraqi markets.   And the selling prices of the dollar were recorded at 148.750 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.750 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=195317

Oil Prices Stabilize After The Decision To Increase Production

Economie| 01:26 - 03/06/2022  Follow-up - Mawazine News, there was little change in oil prices today, Friday, and clung to the gains made in the previous session due to doubts that oil producers in the OPEC + alliance can increase crude production enough to compensate for the lack of Russian oil supplies.

West Texas Intermediate crude futures prices rose one cent to $116.88 a barrel, while Brent crude futures rose seven cents to $117.68 a barrel, according to "Reuters".

The OPEC + bloc, which includes the Organization of Petroleum Exporting Countries (OPEC) and independent oil producers, including Russia, decided to increase production by 648,000 barrels per day in July and August, instead of 432,000 barrels per day, according to a previous agreement.

And government data revealed yesterday, Thursday, that US crude stocks fell more than expected in the week ending May 27, and fuel stocks fell, defying expectations of an increase.

According to "Reuters", Russia's oil production is currently about one million barrels per day less than its quota specified in the OPEC + agreement.

And the newspaper "The Wall Street Journal" reported on Tuesday, quoting delegates in OPEC, that members of the organization are discussing the idea of ​​suspending Russia's participation in the agreement while harming Western sanctions.    https://www.mawazin.net/Details.aspx?jimare=195333

 

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