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Iraqi News Late Friday PM 4-23-21

Iraqi News Late Friday PM 4-23-21

TLM724 Administrator BondLady’s Corner

An Economist For / NINA / Suggests That The Iraqi-Chinese Agreement Will Enter Into Force Soon

Friday 23, April 2021 13:20 | Economical Views: 244  Baghdad / NINA / Economic expert, Raad Twig, suggested that the implementation of the Chinese-Iraqi agreement would start and enter into force soon.

Twig said in a statement to the Iraqi National News Agency ( NINA ) that the procedures for the start of the Chinese-Iraqi agreement and its entry into force are on the horizon through numerous data regarding the Prime Minister’s visit to the Investment Authority, the withdrawal of lagging investment licenses and the preparation of twelve residential complexes, as well as providing more land for Chinese companies to invest. Building thousands of schools as well as cooperating in the digital field. "

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Twig called for "re-engineering the agreement with the Chinese side in order to go beyond infrastructure to cooperation and investment in the industrial and agricultural fields, especially that the agreement will extend to 36 years. Therefore, with the implementation of the agreement, the Iraqi gross domestic product will exceed, after several years, a trillion dollars after the engineering of the agreement is prepared accordingly." For the need of the Iraqi economy ./    https://ninanews.com/Website/News/Details?key=900683

Based On Baghdad's Desire, The US Central Command: We Will Not Reduce The Number Of Our Forces In Iraq

Friday 23, April 2021 11:27 | Political Views: 376   Baghdad / NINA / The US Central Command announced that the United States will not reduce the number of its forces in Iraq, "according to Baghdad's desire."

"Iraq wants us to stay, and we will not reduce the number of forces there," said Central Command Commander Kenneth McKinsey, at a news conference.

He added that he “does not believe that the United States is“ on the verge of engaging in a war in the Middle East. ”

Regarding the decision to withdraw US forces from Afghanistan in early May, McKinsey indicated that Washington“ will support its allies in Afghanistan after its withdrawal, but it will not be on the ground. ” In Afghanistan. ”

He stressed that the US forces would remain“ ready ”to deal with any terrorist threat coming from Afghanistan.

In mid-April, US President Joe Biden announced that his administration will end the presence of its forces in Afghanistan by the anniversary of the events of September 11, according to a timetable, starting on May 1. https://ninanews.com/Website/News/Details?key=900673

The Pentagon After The Bombing Of Baghdad Airport: We Are Monitoring The Situation

Friday 23, April 2021 09:20 | Political Views: 531  Baghdad / NINA / A spokesman for the US Department of Defense said that the Pentagon is aware of media reports about the targeting of Baghdad airport and that it is monitoring the situation.

The Security Media Cell confirmed that 3 missiles fell on the vicinity of Baghdad International Airport out of 8 missiles, the first missile fell near Al-Karkh Central Prison, the second near the Anti-Terrorism Service Academy in an empty square, and the third near the headquarters of one of the Rapid Intervention Regiments, and no casualties were recorded. /    https://ninanews.com/Website/News/Details?key=900656

 Time: 04/23/2021 10:44:37 Read: 3 120 times   {Economic: Al Furat News} Oil prices rose on Friday, buoyed by hopes for a recovery in demand as economic growth rebounded and the lockdown waned, but concerns about India's mounting second wave of COVID-19 cases limited the gains.

Brent crude futures rose 42 cents, or 0.6 percent, to $ 65.82 a barrel at 0645 GMT, after rising eight cents on Thursday.    West Texas Intermediate (WTI) crude futures jumped 51 cents, or 0.8%, to $ 61.94 a barrel, after also rising 8 percent on Thursday.

"Oil prices rebounded for the second day in a row as US jobless claims data, which came lower than expected, boosted expectations for energy demand in North America," said Margaret Young, a strategist at DailyFX in Singapore.

"The recent macro data from the United States and China were encouraging, reflecting a strong economic recovery from the two largest economies in the world, while OPEC + is expected to keep current production plans unchanged at next week's meeting, which helps stabilize oil prices."

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Refiner Valero said demand for gasoline and diesel has returned to 93% and 100% of levels they were before the pandemic, with chief trade officer Gary Simmons saying the company is "very optimistic about gasoline in the future."

Meanwhile, some improved conditions in Europe have reinforced sentiment as France said schools will open their doors on Monday and that domestic travel restrictions in place will end on May 3.

Analysts said that the resurgence of infections in India and Japan indicates a recovery in disproportionate demand in different parts of the world and that oil prices may come under further pressure if the situation worsens in these key markets.

"Energy markets remain on hold ahead of next week's OPEC + meeting, and with fears of India consuming the gains," said Jeffrey Haley, chief market analyst at Oanda.

Both benchmark crude contracts are heading for a weekly loss of nearly 2% due to concerns about declining fuel demand in India, the world's third-largest oil importer, as daily injuries and deaths from COVID-19 set new records this week. Read more

Several countries, including Australia, Britain, Canada and the United Arab Emirates, have banned or cut flights from India.    LINK

Readings 392   Section: File and Analysis  2021/04/19 23:35

Iraq burns 17 billion cubic meters of gas annually .. a country that squanders wealth and then imports it !!!

Baghdad / The Obelisk: A report published by the British Independent newspaper, INDEPENDENT, reported that the burning of gas associated with the extraction of oil in Iraq poses an imminent threat to the health of those living in the neighborhood, causing asthma, lung and skin diseases and cancer.

The report stated that Iraq is one of the countries most practicing these operations in the world, and Basra is the most affected region in the country. Residents have denounced the seriousness of this daily practice that kills children, the elderly and the vulnerable.

Chimneys illuminate the night sky as they pump out greenhouse gases like methane as well as air pollutants - including nitrous oxide (nitrogen dioxide), sulfur dioxide and soot - that can cause countless health problems for everyone who breathes them.

According to the latest data from the World Bank, Iraq burns more than 17 billion cubic meters of gas annually, ranking second after Russia. The resulting CO2-equivalent emissions are equivalent to about 10% of total global emissions.

Energy analyst Ali Al-Saffar, from the International Energy Agency, describes the situation in Iraq as catastrophic, and says that instead of this gas playing a role in meeting the country's electricity needs, Iraq is among the few countries that burn gas and import it at the same time.

Al-Saffar added that academic studies indicate that the average temperature of Iraq is rising by two to 7 times compared to the global average, which threatens the country to exacerbate the problem of drought and water scarcity.

A researcher with the Dutch peace organization PAX and a contributor to the investigative journalism website "Bellingcat", Wim Zwijnenberg, said that Basra (southern Iraq) alone burns more gas than Saudi Arabia, China, India and Canada, because it is home to the Rumaila oil field - the third largest oil field in the world - warning against Basra will be uninhabitable for the next ten years.

The report pointed out that the cruel irony lies in the fact that many people suffer from the combustion of gas associated with the extraction of oil, while Iraq suffers from major power outages, and imports gas from abroad to run its electrical stations.

He added that in 2009, the giant oil company Shell estimated the wasted gas as it could produce 3,500 megawatts per day, or nearly 70% of Iraq's daily electricity production.

The authorities promised to stop all associated gas burning operations by 2022, so that it would be used as an operator for power plants, but officials of the Environment Ministry in Basra admit that the date has been postponed to 2025.   Obelisk

https://almasalah.com/ar/news/208251/العراق-يحرق-17-مليار-متر-مكعب-من-الغاز-سنويا-دولة-تبذر-الثروة-ثم-تستوردها

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

 https://www.bondladyscorner.com/

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