Iraqi News Late Monday Evening 9-26-22

Iraqi News Late Monday Evening 9-26-22

Tlm724 Administrator Bondlady’s Corner

The House of Representatives votes on the resignation of Al-Halbousi

Today, Monday, the House of Representatives set the date and agenda for its session, while the agenda included voting on the resignation of Parliament Speaker Muhammad al-Halbousi from his post.  The department said in a statement, "The House of Representatives will hold a session next Wednesday at one o'clock in the afternoon."

She added that "the meeting's agenda includes voting on the resignation of the Speaker of the House of Representatives from his position and electing the first deputy speaker of the Council."

https://www.radionawa.com/all-detail.aspx?jimare=31364

Al-Halbousi: My Resignation Is An Idea That I Have Had For A Long Time And I Have Not Discussed It With Anyone

Monday 26 September 2022 19:47 | political Number of readings: 211

Baghdad / NINA /- The Speaker of Parliament, Muhammad Al-Halbousi, confirmed that his resignation was an idea he had had for a long time and he did not discuss it with anyone.

He said in a press statement followed by Nina : The agenda was supposed to proceed since July, but the accelerated events were not easy for everyone.

Al- Halbousi added: This year is the most politically suffocating, and the session was supposed to be held before the Arbaeen visit, but I agreed with the Vice President to postpone it to make room for dialogues

He said that the House of Representatives differed radically at this time after the arrival of the new representatives and the resignation of the Sadrists , and said that it gives the right to the representatives to express their opinion of who leads the House of Representatives.

Al-Halbousi continued to say, "One of the reasons for his resignation is the transition from the political majority to the administration of the state by consensus," noting that "those who claimed exclusion and marginalization were the same ones who were proposing the principle of the political majority."

On the future of the tripartite alliance, al-Halbousi commented, "The tripartite alliance presented a political vision, but we did not reach the presentation of the government program." / End 3    https://ninanews.com/Website/News/Details?Key=1002637

The Central Bank Is Discussing Cooperation Frameworks With The Iraqi-British Business Council

Monday 26 September 2022 18:32 | Economic Number of readings: 256

Baghdad / NINA / - The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikhaif, discussed today, Monday, with the President of the Iraqi-British Business Council, Baroness Emma Nicholson. Cooperation frameworks

The Central Bank's media office said in a statement: "Makhil received Nicholson today, and during the meeting, they discussed frameworks for cooperation, training, developing banking cadres and building bilateral partnerships, to serve the banking and economic sector in Iraq."

The statement added, "The governor reviewed the development initiatives of the Central Bank of Iraq that contributed to advancing the Iraqi economy, including active and vital sectors that addressed the requirements of Iraqi society."

He added, "Nicholson welcomed the central bank's steps at various levels, stressing its keenness to cooperate during the next stage." https://ninanews.com/Website/News/Details?Key=1002625

Economist For / Nina /: Oil Prices Will Rise To $100... And Their Decline Is Temporary

Monday 26 September 2022 10:30 | Economic Number of readings: 343

Baghdad / NINA / - An expert in economic affairs, Safwan Qusai, ruled out the decline in oil prices to below 50 dollars, indicating: "The decline in them is now my time," while he suggested that oil prices would rise to 100 dollars with the advent of the winter season.

Qusay said in a statement to the National Iraqi News Agency / NINA /: "The repercussions of the increase in interest rates by the US treasury are still casting a shadow on the average global oil prices, especially with the increase in the strength of the US dollar and expectations of a deflation in the global economy, due to the continuation of global inflation rates."

He indicated that the Organization of the Petroleum Exporting Countries (OPEC +) will review the quantities of oil produced to control oil prices around $100, and with the advent of the winter season, prices will continue to rise.

He stressed that: "It is unlikely that oil prices will drop below 50 dollars," noting: "The current decline came as a result of the rise in the price of the dollar and the events in the country in general."

On the local level, Qusai said: "Economic diversification will contribute to diversifying sources of income. The Ministry of Finance should review the file of taxes imposed to reduce them to prevent Iraq from entering the depression zone.,

It is also necessary to take advantage of economic relations with the United States of America to attract investment to compensate for the shortfall in revenues." diversification of sources of income.

Oil prices rose slightly in early trading today, Monday, after falling to their lowest level in eight months last week, affected by the strengthening of the dollar and fears that sharp increases in interest rates worldwide will lead to a recession and harm fuel demand.

The dollar index rose to its highest level in 20 years, today, to limit the rise in oil prices.

Brent crude futures rose 17 cents, or 0.2%, to $ 86.32 a barrel, while US West Texas Intermediate crude futures rose 21 cents, 0.3%, to $ 78.95 a barrel./End of 8

https://ninanews.com/Website/News/Details?key=1002513

The Central Bank Is Discussing Cooperation Frameworks With The Iraqi-British Business Council

Monday 26 September 2022 18:32 | Economic Number of readings: 256

Baghdad / NINA / - The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikhaif, discussed today, Monday, with the President of the Iraqi-British Business Council, Baroness Emma Nicholson. Cooperation frameworks

The Central Bank's media office said in a statement: "Makhil received Nicholson today, and during the meeting, they discussed frameworks for cooperation, training, developing banking cadres and building bilateral partnerships, to serve the banking and economic sector in Iraq."

The statement added, "The governor reviewed the development initiatives of the Central Bank of Iraq that contributed to advancing the Iraqi economy, including active and vital sectors that addressed the requirements of Iraqi society."

He added, "Nicholson welcomed the central bank's steps at various levels, stressing its keenness to cooperate during the next stage." / End 2   https://ninanews.com/Website/News/Details?Key=1002625

The President Of The Republic Discusses With The British Ambassador The Promotion Of Economic, Commercial And Cultural Cooperation

Monday 26 September 2022 21:36 | politicalNumber of readings: 80

Baghdad / NINA / - The President of the Republic, Barham Salih, discussed with British Ambassador Mark Bryson Richardson the promotion of economic, commercial and cultural cooperation.

A presidential statement said that the President of the Republic received, today, Monday, the British Ambassador, and discussed with him the joint relations that bring together the two friendly countries, and ways to develop them in various fields to face the common challenges of combating terrorism, enhancing economic, commercial and cultural cooperation, and coordination between the two countries to serve local and regional peace and stability.

The British ambassador affirmed his country's keenness to consolidate the security and stability of Iraq and the safety of its people and to support the path of dialogue and convergence to address political issues in the country and to achieve development and progress for the Iraqi people./

https://ninanews.com/Website/News/Details?key=1002667

Governor: The Central Bank Has Played A Major Role In Revitalizing The Iraqi Economy Over The Past Years

Banks   Economy News – Baghdad   The Governor of the Central Bank, Mustafa Ghaleb Makheef, confirmed, on Monday, the aspiration of the banking sector in Iraq to increase cooperation with the banking sectors in other countries.

And a statement from the Central Bank stated, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mekhif, received, on Monday, the Ambassador of the Czech Republic to Iraq, Peter Stepanek."

Makheif stressed, according to the statement, "the strengthening of banking and economic relations between the two friendly countries."

He stressed that "the Central Bank of Iraq played a major role during the past years in revitalizing the Iraqi economy," noting that "the banking sector in Iraq is looking forward to increasing cooperation with the banking sectors in other countries and exchanging experiences between them in a way that serves both sides." 39 views  Added 09/26/2022 - 7:27 PM   Update 09/26/2022 - 9:47 PM

https://economy-news.net/content.php?id=29908

The Exchange Rates Of The Dollar Against The Dinar In The Local Markets

Monday 26 September 2022 09:55 | Economic Number of readings: 247

Baghdad / NINA / - The exchange rates of the US dollar against the Iraqi dinar witnessed a slight decrease in the local markets today, Monday.

The selling price of the dollar reached 147.750 dinars, and the purchase price was 147.650 dinars, for every $100./End 8    https://ninanews.com/Website/News/Details?key=1002498

 

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