More Iraqi News Thursday Evening 4-28-22
More Iraqi News Thursday Evening 4-28-22
TLM724 Administrator BondLady’s Corner
Iraq Opposes Imposing Embargo And Economic Sanctions On Russia
Money and business Economy News – Baghdad On Thursday, Iraqi Foreign Minister Fouad Hussein said that his country, in principle, opposes imposing embargo and economic sanctions on any people, in a clear reference to Russia .
This came during his meeting with the Dutch Minister of Trade and Development Cooperation, Licia Srinemacher. During the meeting, the minister affirmed Baghdad's keenness to strengthen bilateral cooperation mechanisms at various levels in a way that achieves the common interests of the two friendly peoples, especially the activation of the Iraqi-Dutch joint committee, which will reflect on development and cooperation in the investment and investment sectors.
Pointing out that the support provided by the Dutch side to Iraq shows the distinguished level of relations between the two countries in the field of agriculture, irrigation and all other fields .
In a statement issued by the ministry today, the minister stressed Iraq's quest to establish the best relations, the importance of achieving partnership between Iraq and the Netherlands, and the continuation of cooperation in the training, trade and agricultural sectors. Noting that Iraq is a fertile environment for investment; Due to its many wealth, he called for the necessity of the Netherlands' participation in the reconstruction of infrastructure, and to benefit from its expertise in the field of water resources management .
The statement added that the minister reviewed the efforts of the Iraqi government in dealing with the issue of migration, and the measures it has taken to return Iraqis stranded at the borders of a number of European Union countries such as Belarus, Latvia, Lithuania and Poland, through special flights organized by Iraqi Airways, stressing the importance of continuing the migration dialogue. Existing with the European side, and supporting programs to encourage the voluntary return of Iraqi refugees in European countries by preparing special programs to rehabilitate this segment .
The Minister also presented a summary of the steps taken by the Iraqi government to combat smuggling networks and the solidarity of national authorities to raise societal awareness and clarify the disadvantages and consequences of migration .
The two sides discussed current issues on the Iraqi, regional and international arena and topics of common interest, as well as the latest developments of the Russian-Ukrainian war. The Minister stressed that Iraq, in principle, is opposed to imposing a siege and economic sanctions on any people, and in the same sense does not support aggression from Before one country against another .
Hussein said the Iraqi people had suffered a lot; Because of the scourge of wars, and therefore Iraq is against wars and the policy of imposing an economic blockade because it targets peoples, and the continuation of the war in Ukraine will lead to other humanitarian disasters, including threatening food security in many countries, especially in consuming societies and non-oil countries .
For her part, the Dutch Minister of Trade and Development Cooperation stressed the importance of Iraq as a pivotal country in the Middle East, praising its role in the fight against terrorism and the stability of the region .
She indicated that the Netherlands is always ready to support Iraq at all levels. She lauded the steps taken by the Iraqi government to solve the refugee problem and return them from Belarus .
The United States and Britain decided to ban Russian oil and gas in response to the Russian invasion of Ukraine, and the European Union pledged to end its dependence on gas exports from Russia by 2030 .
Views 24 Date Added 04/28/2022 https://economy-news.net/content.php?id=27814
“Going Beyond Resorting To Borrowing” In Numbers .. The Financial Advisor Reveals The Size Of The Financial Savings For 2022
Wednesday, 27 April 2022 10:15 PM National News Center / Special
The financial advisor to the caretaker government, Mazhar Muhammad Salih, revealed, on Wednesday, the size of the financial savings as a result of the rise in oil prices, stressing that they will exceed the resort to borrowing.
Saleh said in a statement to the "National News Center", that "there are possible financial savings that will exceed resorting to financial deficit events and financing it through borrowing," noting that "the competent financial circles estimate that there are no savings at $26 billion until the end of the 2022 fiscal year."
He added that "the financial savings will amount to 26 billion dollars in the event that the average world oil prices are reached and they maintain the current high averages, and in the event that the Federal General Budget Law for the year 2022 is approved."
He pointed out that "those financial savings will be subject to the provisions of Article 19 of the provisions of the effective Federal Financial Management Law No. 6 of 2019 as amended, which stipulates that this legal article establish a "sovereign fund" that includes these savings after covering all operational and investment expenses and without resorting to borrowing," noting that “Even if there is a planned deficit, it will be covered from the existing financial returns without resorting to borrowing.” https://nnciraq.com/124335/
Oil Prices Fell, Brent Crude Recorded $ 103 A Barrel
Economie| 08:38 - 28/04/2022 Follow-up - Mawazine News: Oil prices fell, today, Thursday, as investors remained cautious about waning demand for fuel in China, the world's largest oil importer, due to the restrictions of Covid-19. Brent crude futures fell $1.48, or 1.41%, to $103.84 a barrel by 04:26 GMT.
US West Texas Intermediate crude futures fell $1.39, or 1.36%, to $100.63 a barrel.
Both contracts settled more than 30 cents higher in the previous session due to continuing concerns about tight global supplies, and another drop in US distillate and gasoline stocks. Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=191510
Iraq Market: 11 Billion Shares Traded This Week
Economie| 02:37 - 04/28/2022 Baghdad - Mawazine News, today, Thursday, the Iraqi Stock Exchange announced the trading indicators during the fourth week of April 2022.
A statement to the stock market received by Mawazine News stated that "the Iraqi Stock Exchange organized five sessions during the fourth week of April 2022. Traded from Sunday 04/24/2022 to Thursday 04/28/2022, during this week the following indicators were achieved:
1. The number of traded shares during this week reached more than (11) billion shares
2. The value of traded shares reached This week, more than (20) billion dinars
3. The trading index in the market closed for the first session of the week at (592.14) points, while the index closed at the end of the week at (590.48) points, achieving a decrease of (0.28%) compared to its closing in the first session.
4. During the week, more than (3200) buying and selling contracts were executed on the shares of companies listed in the market. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=191553
Saleh Calls For The Implementation Of “Reviving Al-Rafidain” And Expects A Massive Population Explosion
Wednesday, 27 April 2022 12:59 PM Baghdad / National News Center Today, Wednesday, the President of the Republic, Barham Salih, called for the implementation of the Mesopotamian recovery initiative that he put forward last year, while warning of the dangers of drought, climate change and a drop in water levels to significant levels in the country.
Saleh said, in a series of tweets on "Twitter", followed by the National News Center, that "Sawa Lake, the pearl of the south in Samawah, I remember my visit to it with my father when I was young, fascinated by its beauty and luster, that its drought is unfortunate and a harsh reminder of the danger of climate change that It constitutes an existential threat to our future in Iraq, the region and the world, so addressing climate change must become a national priority for Iraq.”
He added, "The population of Iraq today is more than 41 million, and it will be 52 million in ten years, and it will be associated with an increase in demand for water.
Desertification affects 39% of our lands and the scarcity of water is now negatively affecting all parts of our country and will lead to the loss of the fertility of agricultural lands due to salinization.”
Saleh revealed that "Iraq is ranked fifth among the most fragile countries in the world in terms of water and food shortages and extreme temperatures," expressing his expectation that
"our water deficit will reach 10.8 billion cubic meters by 2035, according to studies of the Ministry of Water Resources due to the decline in the levels of the Tigris and Euphrates and evaporation in dam waters and not modernizing irrigation methods.”
Saleh considered, in his tweets, that "the Mesopotamian recovery initiative, which was put forward last year and approved by the Council of Ministers, must be activated and developed as a strategic framework for building a green economy that supports oil resources and avoiding bankruptcy in water resources, drought and its repercussions on the migration of villages, rural areas and agricultural lands."
Saleh concluded his series of tweets, saying that this project "is a project for Iraq and all of our region, which shares the serious threat of climate change, and relies on strategic programs that include afforestation, modernization of the Tigris and Euphrates water management, generation of clean energy, and the integration of environmental plans for the countries of the region with each other through joint solidarity." https://nnciraq.com/124225/
Parliament: The Fortunes Of Some Officials Have Reached Outrageous Wealth
Politician Last update 04/28/2022 | 5:51 pm information/special On Thursday, the representative of the Al-Fateh Alliance, Rafiq Al-Salihi, considered the growing wealth of some officials as calling for suspicion and suspicion, while stressing that the law “from where did you get this” will be applied to everyone and we will hold officials with great wealth accountable.
Al-Salihi said in an interview with the "Information" agency, "Activating a law from where did you get this is necessary and important as a way to reduce the corruption of some political figures who hold important positions in the three presidencies."
He pointed out that "the application of the last law will include everyone, and will not exclude anyone, by following the fortunes of some politicians who are increasing obscenely and by owning palaces and cars."
He added, "The growing wealth of some officials in a way that exceeds the amount of government benefits they receive calls for suspicion and suspicion, not only at the official level, but even at the popular level."
The representative of the Al-Fateh Alliance explained that “as members of the House of Representatives, we will closely follow the issue of holding officials with enormous and enormous wealth, which are suspiciously increasing, not free from major corruption operations.” https://almaalomah.me/2022/04/28/595408/
To read more current and reliable Iraqi news please visit BondLady’s Corner: