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Iraqi News Thursday AM 7-22-21

Iraqi News Thursday AM 7-22-21

TLM724 Administrator BondLady’s Corner

Dollar Prices In The Iraqi Market Today

Economie| 10:50 - 07/22/2021   Baghdad - Mawazine News   publishes / Mawazine News /, dollar prices in the Iraqi market for today, Thursday (July 22, 2021).

The price of the dollar against the Iraqi dinar, the prices of the exchange offices: 

the selling price of the dollar  148,500   The purchase price of the dollar  147,750

https://www.mawazin.net/Details.aspx?jimare=161354

What Is The 2008 Agreement Signed Between Washington And Baghdad?

Posted On 2021-07-22 By Sotaliraq   Iraqi Foreign Minister Fouad Hussein hinted at returning Iraq and America to the 2008 agreement after the end of the rounds of dialogue.

The Iraqi negotiating delegation is conducting a new round of negotiations with the American side in Washington, DC, in preparation for the upcoming dialogue, next Monday, between the Iraqi Prime Minister, Mustafa Al-Kazemi, and US President Joe Biden, and observers expected that the agreement signed between the two countries in 2008 will top the agenda.

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The fourth round of the strategic dialogue between Baghdad and Washington.    What is the 2008 agreement signed between the United States and Iraq?

The agreement signed between Baghdad and Washington in 2008 bears the name “The Law of the Security Agreement between the United States and Iraq and the Law of the Strategic Framework Agreement for the Work of American Forces in Iraq.”

The following is a reminder of some of the main provisions of this agreement during the period until the end of 2011:

US forces should withdraw from Iraqi towns by mid-2009 and leave the country completely by December 31, 2011.

US contractors are subject to Iraqi law and may be tried in Iraqi courts. US soldiers and civilians working for the US Department of Defense are subject to US military law. But the agreement sets out a mechanism that allows them to be tried before Iraqi courts in the event of intentionally serious crimes committed outside their bases and outside their assigned duties.

All fixed buildings used by US forces become the property of Iraq. All US military bases are handed over to Iraq when US forces withdraw from them.

All military operations must be approved by a joint US-Iraqi committee. US forces may not search Iraqi homes without an Iraqi permit.

As for the American forces that remained in Iraq after the end of 2011, their main tasks are to train Iraqi forces, not to participate in combat missions. It is obliged to stay outside the kasbahs and cities in places and rules agreed upon between the two parties.

Either of the two parties may terminate the agreement after one year from the receipt by one of the parties from the other party a written notification in this regard.   LINK

With The Approach Of Resolving The Baghdad-Washington Dialogue... Al-Abadi's Coalition Sends Two Requests To The Iraqi Negotiating Delegation

Political   | 12:17 - 22/07/2021   Baghdad - Mawazine News   The Victory Coalition, led by Haider Al-Abadi, on Thursday, made two requests to the Iraqi negotiating delegation, with the strategic dialogue between Iraq and the United States of America imminent.

A statement of the coalition, a copy of which was received by Mawazine News, stated that "with the approach of the fourth and final round of the "strategic dialogue" between Iraq and the United States of America, the "Victory Coalition" demands the Iraqi negotiating delegation to be free from pressures and the current crisis moment, and to adopt wise and courageous strategic positions that are achieved Iraqi interests are far from any other interests.

The victory coalition confirmed, according to the statement, that "the ten-axis "Iraqi Sovereignty" initiative, which was proposed by Haider al-Abadi on July 19, 2021, represents a comprehensive road map that preserves national interests and sovereignty, consolidates the unity of the state and the prestige of its institutions, and avoids Iraq from the dangers of international regional conflict."

The coalition re-emphasized its adoption of "the need to adopt a schedule with binding time ceilings for the withdrawal of foreign combat forces, with a clear and legal agreement for the tasks of training, advice and development of combat capabilities and intelligence cooperation to combat terrorism, and to activate all the terms of the "strategic agreement" with the United States, in particular the economic and development aspects, And the start of a new phase of constructive cooperation between the two countries in all fields.”

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He pointed out, "Iraq must respect its international obligations, and everyone should abide by the state's military and security contexts, both internally and externally, and not allow any foreign interference in any Iraqi security, military or political matter, and to refrain completely from any infringement on diplomatic missions, training and development headquarters and foreign advice, and resorting to foreign contexts.

" The state towards any encroachment on sovereignty, and Iraq’s disengagement from any file of the regional and international conflict in the region, to spare it the catastrophes of bias, and to ensure that it does not turn it into a battlefield that achieves the interests of others at the expense of the unity, security and safety of Iraq and its people.” Ended    https://www.mawazin.net/Details.aspx?jimare=161365

Adviser To The Prime Minister: China Consumes 44 Percent Of Iraqi Oil Exports

Energy    Economy News _ Baghdad   Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, announced on Thursday that China consumes 44 percent of Iraqi oil exports.

Saleh said in a press interview, "China is the first market in Iraqi oil exports, and it alone consumes about 40-44 percent of Iraqi oil exports, with about 800,000 barrels of oil per day."

He added, "A small part of those exports are the dues of oil service contracts for Chinese companies operating in Iraq, to which 100 thousand barrels per day were recently added, deposited in the bank account designated for the implementation of projects of the cooperation framework agreement that became truly effective last month."  Views 127 Date Added 07/22/2021   https://economy-news.net/content.php?id=25746

Oil Falls With The Increase In Corona Injuries

Economie| 09:03 - 07/22/2021   Follow - Mawazine News  Oil prices fell Thursday, after an unexpected rise in US crude oil inventories and with the increase in Covid-19 infections threatening demand, but prices maintained most of their gains from the previous session amid expectations that supplies will continue to be short until the end of the year.

Brent crude fell 40 cents, or 0.58 percent, to $71.81 a barrel at 0510 GMT, after rising 4.2 percent in the previous session. US West Texas Intermediate crude fell 36 cents, or 0.51 percent, to $69.94 a barrel, after rising 4.6 percent on Wednesday.

“Energy volatility remains elevated as traders grapple with weak demand in the short term due to variable delta concerns and expectations that the crude oil deficit will continue through the end of the year,” said Edward Moya, chief analyst at OANDA.

US Energy Information Administration data showed crude inventories in the United States, the world's largest oil consumer, unexpectedly rose by 2.1 million barrels last week to 439.7 million barrels, for the first time since May.

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However, gasoline and distillates recorded withdrawals of 121,000 barrels and 1.3 million barrels, respectively, indicating higher demand due to the summer driving season.

Analysts from Citi said that with OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, unlikely to reach the market soon and Iran negotiations postponed, the most significant risk to market fundamentals remains deteriorating demand due to the new virus restrictions.

Oil prices fell earlier this week after the OPEC + agreement to boost supplies by 400,000 barrels per day from August to December.    https://www.mawazin.net/Details.aspx?jimare=161346

Al-Kazemi’s Advisor Expects To Provide 20 Million Iraqis To The Housing Initiative

Money    and business   Economy News _ Baghdad  Today, Thursday, Adviser to the Prime Minister for Reconstruction and Services, Sabah Abdul Latif, announced the mechanism for distributing residential lands, expecting that about 20 million Iraqis will submit on the website.

Abdul Latif said in an interview with the Iraqi News Agency and followed by "Al-Iqtisad News", that "part of the initiative is not only distributing land, but distributing land while providing the recipient of the land with plans for appropriate designs, and granting housing loans through government banks."

He added, "The capital, Baghdad, includes two sites with about 72,000 housing plots, and in all of Iraq 550,000 plots," noting that "the first month, 338,000 plots will be distributed as a first stage, and after a month, other sites will be added and will be outside the design, but they are new residential sites and cities Served with all required services.

He explained that "one of the issues we followed up and was prepared for is the issue of the expected momentum of applicants on the website," noting that "our estimates there are about 20 million Iraqis who will submit on the website."

"We have followed up and we have cooperation with telecom companies to follow up and prepare for such a momentum of communications and registration on this website," he said.

He stated that, "We included among the information the issue of social reality and the job situation as unemployed or working, or among the families of the martyrs, as all these matters have been entered, and some social groups such as athletes and media professionals, all these matters are being followed up."

On July 19, 2021, Prime Minister Mustafa Al-Kazemi announced the launch of the housing program (Dari) for applying to land for citizens, while indicating that this step is a beginning to solve the housing crisis and build new modern cities.   Views 107 Date Added 07/22/2021  https://economy-news.net/content.php?id=25745

The Basra Marsh Recovery Center Announces The Launch Of A Plan To Confront Drought

Money  and business   Economy News _ Baghdad   Today, Thursday, the Center for the Revitalization of Marshes and Wetlands in Basra Governorate announced the initiation of a plan to confront drought and restore the marshes, indicating that the plan included 5 important measures.

The director of the center, Jamil Sultan Badr, said in an interview with the Iraqi News Agency, and followed by "Economy News", that "the center prepared a plan to revive the reality of the marshes and treat drought, as it focuses on purifying and improving water, not in general, but in some places in the marshes of the province," noting that "the plan was direct." In which".

Badr added, "Our plan includes a large purification of the marsh waters, maintenance of the regulators, and the installation of floating pumps on the general estuary to withdraw salt water in Al-Shafi," noting that "at the same time, we cut off the salty water that reaches Al-Shafi to improve the water."

He stressed, "The center will continue this plan to include larger areas," noting that "the aim is to revive the reality of the marshes in the governorate and to treat the widespread drought in them."

And water and agriculture specialists warned during a conference held on June 13, in Maysan Governorate, of the danger of increased migration of farmers from the countryside to the city as a result of water scarcity in the villages of the province.  Views 110 Date Added 07/22/2021   https://economy-news.net/content.php?id=25743

 

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

 https://www.bondladyscorner.com/

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