Iraqi News Friday AM 11-12-21
Iraqi News Friday AM 11-12-21
TLM724 Administrator BondLady’s Corner
Relative Stability Of The Dollar Exchange Rates In The Local Markets
Economie| 11:01 - 12/11/2021 Baghdad - Mawazine News The dollar exchange rates witnessed, today, Friday, relative stability in the local markets, coinciding with the closure of the main stock exchange in the capital, Baghdad. Selling prices were 148,500 dinars for each $100 bill, while purchase prices were 148,000 dinars for each $100 bill.
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, while the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=174656
Oil Prices Fall As The Dollar Rises
Friday 12 November 2021 09:21 | economic Number of readings: 376 Baghdad / NINA / - Oil prices fell, today, Friday, erasing gains made in the previous session, as the dollar continued to rise, thanks to bets that the US Central Bank will present plans to raise interest rates in order to curb inflation.
US West Texas Intermediate crude futures fell 26 cents, or 0.3 percent, to $81.33 a barrel by 0128 GMT, after a gain of 25 cents on Thursday.
Brent crude futures fell 25 cents, 0.3 percent, to $82.62 a barrel, erasing Thursday's gains.
The two contracts are heading towards ending the week almost unchanged after sharp moves up and down driven by the rise of the dollar and speculation about whether the administration of US President Joe Biden will release oil from the Strategic Petroleum Reserve to calm prices.
There are positive signs in terms of demand with the air travel recovery accelerating, but monetary and fiscal tightening and the upcoming Northern Hemisphere winter will be disincentive.
On Thursday, the Organization of Petroleum Exporting Countries (OPEC) lowered its forecast for oil demand in the fourth quarter by 330,000 barrels per day from last month's forecast, as high energy prices curb the recovery from the Covid-19 pandemic.
Baden Moore, an analyst at National Australia Bank, said he expects the oil market to remain tight into the third quarter of 2022 as demand continues to recover.
"OPEC + is very shrewd in its management of global supplies as demand recovers from the pandemic," he added.
OPEC +, which includes OPEC, Russia and allies, agreed last week to stick to plans to add 400,000 barrels per day to the market per month./End of https://ninanews.com/Website/News/Details?key=938680
Protesters Against The Election Results Block The Erbil-Mosul Road
Friday 12 November 2021 16:52 | General Number of readings: 175 Baghdad / NINA / - Groups of protesting demonstrators, in opposition to the election results, closed the Erbil-Mosul road this Friday afternoon./End of 5 https://ninanews.com/Website/News/Details?Key=938735
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The Commission: The Final Results Of The Elections Will Be Announced Very Soon
Friday 12 November 2021 18:31 | politicalNumber of readings: 16 Baghdad / NINA / - The Electoral Commission has resolved the controversy over the existence of "threats and pressures" on it to influence the results of the elections that took place on the tenth of last month.
Imad Jamil, a member of the media team of the Commission, said in a televised statement today, Friday, "There are no threats or internal or external pressures," noting that "the Commission completed its work in manual counting and sorting two days ago, and we did not receive such threats."
He added, "We do not need warnings or threats about the Electoral Commission's secretariat over the votes of voters and the rights of candidates, and it never hides secrets from anyone," pointing out that "the electoral law does not permit the comprehensive manual counting."
Regarding the date of announcing the final results of the elections, Jamil explained, "This will be in the next few days after the judicial authority approves the results of the appeals and decides on them," noting that "the commission will finish within the next two days from sending the results of the appeals to the judicial authority."
Regarding the presence of servers in any other country, a member of the media team of the Commission confirmed that they are only present in the National Office in Baghdad, "noting that only 3,681 devices were stopped due to a defect in it out of 58 thousand devices," and explained, "15 governorates, including Baghdad, "Al-Rusafa and Al-Karkh" submitted appeals of the results, with the exception of Wasit, Sulaymaniyah and Dohuk," indicating that "16,969 stations were counted and their results were almost identical to electronic voting, but some counting and sorting processes could change the election results." / End https://ninanews.com/Website/News/Details?key=938749
Al-Kazemi Issues A New Statement About His Assassination Attempt
Today, Thursday, the Prime Minister, Mustafa Al-Kazemi, issued a new statement about the attempt to assassinate him.
Al-Kazemi's office said in a statement, that the latter "expresses gratitude and appreciation for the responsible positions and condemnations, and the voices of denunciation that were issued regarding the heinous terrorist attack that he was subjected to at dawn last Sunday, positions that represented standing by Iraq and its honorable people, before they were principled positions regarding violence." and terrorism."
Al-Kazemi singled out by mentioning, "the positions of clear condemnation and condemnation that were issued by the kings, leaders and leaders of brotherly and friendly countries of Iraq, as well as from a number of officials and official bodies in it, and his Excellency expresses his beautiful thanks to those who contacted them reassuring and once again the position rejecting terrorism in all its forms."
The Prime Minister expressed his "high appreciation for all the personalities and political and social forces that have expressed their solidarity and rejection, whether by condemnation or all other forms of solidarity, and thus record an honorable and supportive position for the Iraqi people as they face their most difficult challenges towards a secure and prosperous future." https://www.radionawa.com/all-detail.aspx?jimare=26473
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