More Iraqi News Saturday PM 12-25-21
More Iraqi News Saturday PM 12-25-21
TLM724 Administrator BondLady’s Corner
An American Report: Inflation In Iraq Rose By 1000% In 2021
Economie| 11:15 - 25/12/2021 Follow-up - Mawazine News The American "Global Finance" magazine revealed that the annual inflation in Iraq rose to nearly 1000% in one year.
And the magazine stated in its table of 191 countries, including Iraq, which were included about the inflation rates in these countries, and was reviewed by / Mawazine News /, that "the annual inflation of Iraq for the month of last October 2021 rose to 6.4% compared to the same month of last year 2020, which amounted to 0.6%, an increase of 966.67%.
She added that "inflation also rose from the same month of 2019, in which the annual inflation was 0.2%," noting that "Iraq ranked fifth in the Arab world in terms of high inflation after Sudan, where annual inflation reached 194.6%, and Yemen 40.8% Libya 21.1%, Algeria 6.5%, while the lowest Arab countries in terms of annual inflation was Bahrain, at 1%.
Globally, Venezuela first came more than an annual inflation rate of 2.700%, followed by Sudan by 194.6%, and then Zimbabwe and by 92.5%, while the more decline of inflation annual countries are Samoa at a rate of -3%, preceded by the Comoros by 1%. "
Noted a report The magazine pointed out that "Afghanistan, Argentina, Lebanon, Somalia and Syria" are not included in the table because there are no statistics for these countries.
Continuing inflation may end up in stagflation where economic growth slows, unemployment remains high, inflation remains at high levels, and what is (much) worse, although very uncommon, is the specter of a hyperinflation scenario, where prices grow unsustainably Control it which leads to a depreciation of the currency.
The American magazine concluded its report by saying that "reducing inflation does not mean that prices will return to what they were before, as it will stop growing at an accelerated pace."
https://www.mawazin.net/Details.aspx?jimare=179560
This Is What The Kuwaiti Ambassador To Baghdad Said About The Compensation File And The Donors Conference
Political | 05:32 - 25/12/2021 Anbar - Mawazine News The Kuwaiti ambassador to Baghdad, Salem Al-Zamanan, confirmed, on Saturday, that the Compensation Committee will issue a decision to permanently close the file of financial compensation, and while noting that the pledges of the donors' conference are still in place, he revealed future plans to support Iraq.
During his visit to Anbar Governorate, Al-Zamanan told the official news agency: "I am very happy to be among my family and brothers in Anbar, which is witnessing a major urban campaign," noting that "Kuwait does not only support Anbar, but supports all of Iraq and is always concerned with its security and stability."
He added, "Since 2003, Kuwait has been a supporter of Iraq in various fields and has participated in alleviating the suffering of the displaced by building camps and providing them with the equipment they need, caravan schools and mobile medical clinics."
He pointed out that "Kuwait at the donors' conference in 2018 had contributions through a $100 million grant, which was allocated to the stricken governorates, including Anbar Governorate," noting that "there are pledges in the Kuwait conference that still exist, as one billion dollars were allocated for the rehabilitation of infrastructure, as well as billion dollar investment.
He continued, "We are always present with the brothers in Iraq, and they are our people, our brothers and our brothers," stressing that "there are great plans in the future that will be announced soon."
On the compensation file, Al-Zamanan said, "The compensation approved by the United Nations had a deduction to meet it, and a decision will be issued close to the Compensation Committee to close this file permanently." Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=179600
Al-Kazemi Congratulated The Birth Of Christ: A Memory That Motivates Us To Adhere More To The ValuesOf Coexistence And Tolerance
Political | 01:05 - 25/12/2021 Baghdad - Mawazine News,Prime Minister Mustafa Al-Kazemi congratulated, today, Saturday, the Iraqi people and Christians on the anniversary of the birth of Jesus (peace be upon him).
Al-Kazemi said in a tweet to him, "My warmest congratulations to all Iraqis, especially Christians among them and all humanity on the anniversary of the birth of our Lord Christ."
He added, "This glorious memory pushes us to further adhere to the values of coexistence, tolerance and brotherhood under the roof of our homeland, Iraq, which is protected and built by all its sons despite the great challenges." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=179571
Al-Kazemi On The Birthday Of Jesus: This Glorious Memory Drives Us To More Adherence To The Values Of Coexistence, Tolerance And Brotherhood
Saturday 25 December 2021 13:10 | political Number of readings: 422 Baghdad / NINA / - Prime Minister Mustafa Al-Kazemi congratulated Iraqis, especially Christians, on the birthdays of Jesus Christ.
Al-Kazemi said in a tweet on Twitter: "My warmest congratulations to all Iraqis, especially Christians among them, and all humanity on the anniversary of the birth of our Lord Christ."
He added, "This glorious memory pushes us to further adhere to the values of coexistence, tolerance and brotherhood under the roof of our homeland Iraq, which is protected and built by all its sons despite the great challenges."/ Ended 9 https://ninanews.com/Website/News/Details?key=946772
Iraq Announces The Total Oil Exports And Revenues Generated For The Past Month
Economie| 11:57 - 25/12/2021 Baghdad - Mawazine News
The Ministry of Oil announced, on Saturday, the total oil exports and revenues generated for the month of last November, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).
The ministry said in a statement received by Mawazine News that "the amount of crude oil exports amounted to 98,192,317 barrels, with revenues amounting to 7 billion and 610 million and 850 thousand dollars."
She added, "The total quantities of crude oil exported for the month of last November from oil fields in central and southern Iraq amounted to 95 million and 860 thousand and 149 barrels, while the quantities exported from Kirkuk oil through Ceyhan port were 2 million and 32 thousand and 685 barrels."
She pointed out that "the average price per barrel amounted to (77,510) dollars," continuing that "the exported quantities were loaded by 30 international companies of different nationalities, from the ports of Basra, Khor al-Amaya and mono-buoys on the Gulf and the Turkish port of Ceyhan." Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=179564
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