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Iraqi News Highlights Tuesday Afternoon 8-15-23

Iraqi News Highlights Tuesday Afternoon 8-15-23

Tlm724 Administrator Bondlady’s Corner

Iraqi Trade Unions Stress The Need To Diversify Sources Of Self-Investment And Stimulate National Development

The Central National Federation of Trade Unions of Iraq stressed the need to diversify sources of self-investment and stimulate national development.

The union's technical advisor, Qassem Hadi Karim, confirmed in a statement, "The aim of participating in the symposium with the International Labor Organization and advanced cadres in the Iraqi Ministry of Planning and a number of relevant ministries and institutions is to review the experiences of developed countries in this field to support the economic renaissance in the country."

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The advisor explained, according to the statement, that "the symposium's work included discussing the most important topics related to savings funds, diversifying sources of self-investment, and stimulating national development. In addition to the annual need, which is estimated at more than 200,000 housing units annually, according to the increase in population growth and the fact that the housing sector is considered the head of a locomotive that drives a group of locomotives and creates an economic renaissance and sustainable development, and the recommendation to adopt the Malaysian experience and transfer it to Iraq.

The statement added, "The attendance was represented by the chief technical advisor at the International Labor Organization, Amjad Turabi, and Maher Johan, the technical deputy of the Iraqi Ministry of Planning, with the participation of a number of ministries and specialized institutions and a number of experts and academics in order to work to support economic growth and long-term development in the country."   https://www.radionawa.com/all-detail.aspx?jimare=35414

Oil Prices Rise Despite Economic Concerns

Economy | 09:55 - 08/15/2023  Baghdad - Mawazine News  Oil prices rose, in trading today, Tuesday, after the decline in black gold prices yesterday, Monday, with the rise of the dollar and amid concerns about the health of the Chinese economy.

By 09:32 Baghdad time, US West Texas Intermediate crude futures rose 0.29% to $82.75 a barrel.

Meanwhile, global crude futures contracts, "Brent" blend, rose 0.36% to $86.52 a barrel, according to Bloomberg agency data. https://www.mawazin.net/Details.aspx?jimare=233268

Efforts To Convert 550 Government Buildings Into Environmentally Friendly Ones

Money  and business   Economy News _ Baghdad  The team of the National Initiative to Support Energy and Reducing Emissions discussed a package of goals that will soon improve the environmental reality.

This came during a recent meeting to review the most important achievements during the last period by the national initiative teams and support the Prime Minister to achieve its requirements and expand its scope to include all sectors.

Member of the "ISO Energy" team and head of the National Initiative for Energy Support and Reducing Emissions Team in the Iraqi Media Network, Tariq Abdul-Amir confirmed during his interview with "Al-Sabah" that the meeting discussed a number of axes, most notably benefiting from the electoral event to raise awareness in the field of rationalization and sustainability of energy and the environment, as well as The focus of the national policy objectives and discussion of the plan to convert 546 government buildings to be environmentally friendly buildings.

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The team of the National Initiative to Support Energy and Reducing Emissions seeks to strengthen the role of government institutions in confronting climate change, sustaining energy and water, rationalizing their consumption, raising awareness to combat desertification, preserving the environment, and supporting projects that aim to achieve this.

He added that the team stressed the importance of obtaining green building statistics and clarifying the rationalization rates, the estimated cost and the energy consumed in them, in addition to discussing the urban forest project, especially the project to establish the Baghdad forest to achieve the afforestation plan, one of the goals of the national initiative policy.

It is noteworthy that the team is working on adopting sewage projects and converting them to irrigate the green belt, and working on managing energy consumption regularly and effectively in the governmental, industrial, agricultural and domestic sectors that contribute to reducing the emissions of gases that cause high air temperature, and encouraging and promoting the use of renewable and sustainable energies applications in all sectors. Legislative and physical by the legislative and executive institution.   Views 46  08/15/2023 - https://economy-news.net/content.php?id=35666

The Dollar Is Settling Higher In Today's Trading

Economy  Tuesday, August 15, 2023 Baghdad / National News Center  Today, Tuesday, the exchange rates of the US dollar against the Iraqi dinar stabilized in the markets of the capital, Baghdad.

As “the selling price amounted to 154,000 dinars per 100 dollars, while the purchase price amounted to 152,000 dinars per 100 dollars.”   https://nnciraq.com/221604/

To read more current and reliable Iraqi news please visit BondLady’s Corner:

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