Iraqi News Thursday Afternoon 6-2-22

Iraqi News Thursday Afternoon 6-2-22

TLM724 Administrator BondLady’s Corner

Al-Kazemi And The American Ambassador Affirm The Continuation Of Security Cooperation And Coordination In The Field Of Combating Terrorism

Political | 06:39 - 02/06/2022  Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi received, today, Thursday, the US ambassador to Iraq, Alina Romanowski and her accompanying delegation, on the occasion of the assumption of her new duties.

During the meeting, he reiterated that Iraq attaches great importance to developing relations with the United States of America in various fields; Because it is in the common and long-term interest of the Iraqi and American peoples, and that this relationship can achieve more progress while strengthening the common understanding of the two parties' vision, and pursuing ways of wisdom and dialogue.

He expressed the Iraqi government's desire to cooperate and work to consolidate regional and international stability, in a manner that enhances the horizon of economic advancement and sustainable development for the Iraqi people and all the peoples of the region.

During the meeting, they emphasized the continuation of security cooperation and coordination in the field of combating terrorism, and within the framework of training and advising the Iraqi security forces.

For her part, Ambassador Romanowski affirmed that the United States of America looks forward to closer cooperation with Iraq in various fields, especially the economic, cultural and educational fields, and expressed her admiration for Iraq’s return to playing a major role in the region, and its positive impact regionally and internally.   https://www.mawazin.net/Details.aspx?jimare=195283

The President Of The Republic Receives The Credentials Of The New American Ambassador To Iraq

Political | 04:56 - 02/06/2022  Baghdad - Mawazine News, President of the Republic, Barham Salih, received the credentials of the new US ambassador to Iraq, Alina Romanowski.

Saleh wished the new ambassador success and success in the performance of her work, which contributes to the consolidation of friendship and cooperation between the two countries.

For her part, Ambassador Alina Romanowski expressed her happiness to work in Iraq, and the commitment of the United States to support a secure, stable and prosperous Iraq for all citizens, and aspiration towards strengthening the existing relations between the two countries in various fields.

https://www.mawazin.net/Details.aspx?jimare=195276

In Numbers.. Parliamentary Finance Details The Amounts Of The Emergency Support Law Allocations

Economie| 09:19 - 02/06/2022  Baghdad - Mawazine News  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 Khazali, said, "Since yesterday, the committee began deliberating on 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 electricity and gas debt file, 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, Al-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. Ended 29 / p. 87

https://www.mawazin.net/Details.aspx?jimare=195293

A Slight Increase In The Exchange Rate Of The Dollar Against The Dinar

Economie| 10:17 - 02/06/2022  Baghdad - Mawazine News The dollar exchange rates witnessed, today, Thursday, a slight increase in the Iraqi Stock Exchange.

The selling prices of the dollar were 148,250 dinars per 100 dollars, while the purchase prices of the dollar were 148,150 dinars per 100 dollars. Ended 29/N33   https://www.mawazin.net/Details.aspx?jimare=195230

America Looks Forward To (Closer Cooperation) With Iraq In The Economic Field

Money and business  Economy News – Baghdad Prime Minister Mustafa Al-Kazemi received, on Thursday, the US ambassador to Iraq, Alina Romanowski, and her accompanying delegation, on the occasion of the assumption of her new duties, according to a statement by Al-Kazemi's office.

Al-Kazemi reiterated that "Iraq attaches great importance to developing relations with the United States of America in various fields, for the common and long-term interest of the Iraqi and American peoples, and that this relationship can achieve more progress while enhancing the common understanding of the two parties' vision, and pursuing ways of wisdom and dialogue." ".

He expressed "the Iraqi government's desire to cooperate and work to consolidate regional and international stability, in a manner that enhances the horizon of economic advancement and sustainable development for the Iraqi people and all the peoples of the region."

For her part, Ambassador Romanowski affirmed, "The United States of America looks forward to closer cooperation with Iraq in various fields, especially the economic, cultural and educational fields," expressing "admiration for Iraq's return to playing a major role in the region, and its positive regional and internal impact." https://economy-news.net/content.php?id=28294

The Iraqi Stock Exchange Closed Lower In The Last Week Of May

Market   Economy News-Baghdad  The Iraqi Stock Exchange organized, during the last week of May 2022, five trading sessions from Sunday, 29/05/2022 to Thursday, 06/02/2022.

According to a statement from the market, the number of shares traded this week reached more than (10) billion shares, while the value of shares traded this week amounted to more than (13) billion dinars .

The trading index closed in the market for the first session of the week at (572.59) points, while the index closed at the end of the week at (571.62) points, achieving a decrease of (0.17%) from its closing in the first session .

During the week, more than (3200) buying and selling contracts were executed on the shares of companies listed in the market .   126 . views  Added 06/02/2022 - 2:42 PM  Update 06/02/2022 - 9:10 PM

https://economy-news.net/content.php?id=28289

Central Bank Sales Exceed One Billion Dollars In A Week..A Financial Expert Explains

Posted On2022-06-02 By Sotaliraq   The Central Bank of Iraq's sales of hard currency to the dollar this week amounted to more than one billion dollars, while a financial expert attributed the rise in sales to the increase in food prices globally.

Our correspondent stated that the Central Bank sold during the current week for the five days in which the auction was opened, starting from Sunday to Thursday, one billion and 50 million and 736 thousand dollars, at a daily rate of 210 million and 147 thousand and 300 dollars, an increase of 23.76% from last week.

Our correspondent added that the highest dollar sales were on Monday, where sales amounted to 216 million and 196 thousand and 141 dollars, while the lowest sales were on Wednesday, when sales amounted to 203 million and 900 thousand dollars.

He pointed out that most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar.

Financial expert Hilal Al-Tahhan said that "the increase in central bank sales, especially with regard to foreign remittances, is due to the rise in food prices globally, especially the basic ones, which have more than doubled."

He added, "Traders started raising requests to purchase dollars through remittances to cover their imports with larger amounts than the previous amounts for importing these materials."   LINK

The Oil And Gas Battle Between Baghdad And The Region Is Similar To The Independence Referendum

Politician    06/01/2022 | 6:30 pm   Information / translation.  A report by the British Middle East Monitor newspaper confirmed, on Wednesday, that the ongoing oil and gas battle between Baghdad and the region is similar to the failed independence referendum for the region's secession from Iraq, which bears serious geopolitical repercussions on neighboring countries in Turkey and Iran.

The report, translated by the "Information" agency, stated that "the Kurdistan Democratic Party wants to secede from Baghdad and gain access to the rich European energy markets."

Such a move would be a referendum on independence except for the name which is considered complementary to the 2017 referendum, which until now remains a paper exercise.”

He added, “The Kurdistan region can be important to Europe, given its proximity, especially the issue of the Russian energy embargo.

Gas needs pipelines, so distance is a critical factor, which makes it possible for the Kurds to be a natural choice for Europeans, especially given that other suppliers are currently unreliable.”

He continued, "This gives the Kurdistan Regional Government what it needs to fill its coffers and adopt a foreign policy that focuses more on the Kurds and is independent of Baghdad.

An independent Kurdistan bordering the Kurdish populations of Turkey, Iran and Syria would, of course, have serious geopolitical ramifications.

And he indicated that “the Kurdistan Regional Government concluded contracts to sell its oil and violated the financial embargo imposed by Baghdad, and although most of the energy revenues were not disclosed to the Kurdish public and through its desperate attempt to save the financial ruin, the region broke the OPEC quota allocated to Iraq, which gives Baghdad another reason to pass Court dicision".

He explained that "the Khormala and Khor Mor fields represent the backbone of energy production in the region and its main source of income, without which the region will face internal turmoil, and according to constitutional expert Aram Haji,

Baghdad can manage these fields under the federal constitution, which makes this a potential flashpoint, which is an issue It could end with the fall of the Kurdistan Regional Government.”

The report indicated that “Bafel Talabani, the leader of the Patriotic Union of Kurdistan, objects to the export of natural gas to Europe because it does not serve the people,” noting that “the region’s experience in an independent oil policy led to the Kurdistan Democratic Party becoming the richest party at the expense of the Kurdistan Regional Government forces while it suffers.”

Population from inflation, rising prices and a quarter of wages made people live in a state of turmoil.”

https://almaalomah.me/2022/06/01/601135/

 

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