More Iraqi News Thursday Evening 6-16-22
More Iraqi News Thursday Evening 6-16-22
TLM724 Administrator BondLady’s Corner
Oil Prices Rise, Brent Barrel Exceeds $119
Economie| 09:07 - 06/16/2022 Follow-up - Mawazine News: Oil prices recovered, Thursday, from a sharp decline in the previous session, supported by a lack of oil supply and a peak in the summer, after raising the US interest rate raised fears of slowing economic growth and lower demand for fuel.
Brent crude futures rose 77 cents, or 0.7 percent, to $119.28 a barrel by 0400 GMT, while US West Texas Intermediate crude futures rose to $116.33 a barrel, an increase of $1.02, or 0.9 percent.
Prices fell more than 2% overnight after the Federal Reserve raised interest rates by three-quarters of a percentage point, the largest increase since 1994.
Investors remained focused on tight supplies and strong demand as Western sanctions restricted access to Russian oil.
Optimism that Chinese oil demand will rebound with the easing of COVID-19 restrictions also supported price expectations. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=196592
The Rise In The Exchange Rate Of The Dollar Against The Dinar
Economie| 09:32 - 06/16/2022 Baghdad - Mawazine News, the dollar exchange rates rose, today, Thursday, on the Iraqi Stock Exchange. Selling price: 148,400 dinars per 100 dollars, buying price: 148,300 dinars per 100 dollars https://www.mawazin.net/Details.aspx?jimare=196597
The Iraqi Stock Exchange Ends The Week's Trading, Up 0.10%
Market Economy News-Baghdad During the second week of June 2022, the Iraq Stock Exchange organized five trading sessions from Sunday 06/12/2022 to Thursday 06/16/2022. During this week, the following indicators were achieved :
The number of shares traded this week reached more than (6) billion shares, while the value of shares traded this week amounted to more than (7) billion dinars.
The trading index closed in the market for the first session of the week at (588.14) points, while the index closed at the end of the week at (588.74) points, achieving an increase of (0.10%) from its closing in the first session .
During the week, more than (2900) purchase and sale contracts were executed on the shares of companies listed in the market . Views 129 Added 06/16/2022 - 3:37 PM Update 06/16/2022 - 8:42 PM
https://economy-news.net/content.php?id=28506
Labor Calls On Parliament To Legislate The New Insurance Law To Include All Sectors
Money and business Economy News-Baghdad On Thursday, the Ministry of Labor and Social Affairs announced its intention to expand the coverage of private and public sector workers with social security, while confirming the adoption of periodic examinations for workers referred to medical committees every year instead of six months, whether the disability is a disease or a work injury .
The Director of the Department of Retirement and Social Security for Workers in the Ministry, Kholoud Hiran Al-Jabri, said in a statement, “The ministry is in the process of expanding the umbrella of social security coverage and is continuing to demand the legislative authorities for the purpose of legislating the new security law, which will include new branches represented in the voluntary guarantee, guaranteeing workers in the unorganized sector and ensuring disruption of work. Maternity guarantee for working women, in addition to other benefits that are in the interest of workers .
Al-Jabri added, “The past period witnessed an increase in the number of secured projects, and insured workers who were included in the Retirement and Social Security Law for Workers No. 39 of 1971, and an increase in the number of retired workers for cases of old age, disability and dementia, noting that the ministry had adopted measures that would alleviate the burden of auditors from insured workers. In the Department of Retirement and Social Security for Workers .
And regarding the periodic examination of workers referred to the medical committees, Al-Jabri explained that “it will be every year instead of six months, whether the disability is a disease or a work injury, and it will depend on the initial medical report regarding the periodic examination and not to send the report to the appeal medical committees, except in the case of a request This factor is provided that the percentage in the event that it rises from 15 percent or more than the percentage referred to retirement, and this procedure will shorten the review to one time per year instead of eight times .”
Views 104 Added 06/16/2022 - 1:39 PM Update 06/16/2022 - 7:44 PM
https://economy-news.net/content.php?id=28504
The Central Bank Announces The Launch Of 17 Trillion Dinars As Initiatives To Confront Desertification And Climate Change
Economie Today, 00:36 Baghdad – INA The Governor of the Central Bank, Mustafa Ghaleb Mukhif, announced the launch of development initiatives that exceeded 17 trillion dinars as initiatives to confront desertification and climate change.
And the Central Bank stated in a statement received by the Iraqi News Agency (INA), that “the Central Bank of Iraq organized today, Thursday, in cooperation with the Ministries of Environment, Agriculture and Water Resources, the Association of Iraqi Private Banks and the private sector, a specialized workshop on climate change, desertification and national security, in the presence of a number of ambassadors. Arab and foreign countries and representatives of international institutions, in addition to representatives of ministries and some governorates and directors of relevant authorities.
Central Bank Governor Mostafa Ghaleb Makheef said during a speech at the opening of the workshop,
"Climate change, desertification and water shortage represent a frightening trinity that has introduced humanity and its official and societal bodies to the utmost caution and caution because it has threatened its national security, the future of its generations, and even its present."
He added, "The Central Bank of Iraq has intervened through financial facilitation measures and development initiatives, the total of which has exceeded (17) trillion so far," noting that
"when we studied with the Ministry of Environment the risks of climate change and thermal emissions, we decided to confront challenges related to clean energy and sustainability, and
we also launched an initiative To finance the purchase of electricity generating units from renewable energy at an amount of (1) trillion dinars.
The statement pointed out that "at the conclusion of the workshop, a number of recommendations were established,
most notably the necessity of cooperation of all government institutions and the private sector to confront the risks of climate change and desertification, raise awareness of taking official and societal measures, encourage the public to switch to the use of electricity generation sources from renewable energy, and provide support The necessary financial resources for all sectoral ministries in order to rationalize water uses. https://www.ina.iq/158692--17-.html
Parliament: The Silk Road And The Port Of Faw Will Make Iraq A Gateway To Global Investment
Economic Last update 06/14/2022 | 10:51 PM Information/Baghdad. Today, Tuesday, the representative of Basra Governorate, Rafiq Hashem, considered the completion of the Grand Faw port project and joining the Silk Road project, as two essential pillars in maximizing the national economy by attracting foreign investment to Iraq.
Follow the “Al-Maloma” channel on Telegram.. News that does not need documentation..
Hashem said in a statement to the "Information Agency", that "the Great Mina Al-Faw project and the Silk Road are among the basic and central priorities facing the work of the next government because of their positive impact on the economic reality throughout Iraq."
He added, "The Chinese Silk Road and the Great Port of Faw project will make Iraq a gateway to foreign investments and the focus of attention of the countries of the world."
Hashem pointed out that "the Al-Faw port project will revive the Iraqi economy through the financial revenues generated from trade exchange between the countries of the East and West."
Experts consider the great port of Al-Faw, which is located in the Ras Al-Bishah area in the province of Basra, a qualitative leap in its geopolitical importance to link Iraq with the world by restoring the importance of the linking site between East and West. https://almaalomah.me/2022/06/14/603524/
Demands To Reopen Canning Factories And To Prevent The Import Of Agricultural Crops
Sweetened Today, 13:36 Baghdad - conscious - Falih Al-Obaidi During the past years, there was a large abundance of agricultural crops that needed canning, so this was done and put on the Iraqi markets; It was a competitor to imported goods, as well as enhancing the capacity of the national product;
This prompted a large number of farmers to demand the reopening of canning factories in all governorates of the country to be an economic tributary to the country.
Farmer Dargham Abdul Hadi Al-Ansari, from the Dujail district, told the Iraqi News Agency (INA), that "agriculture faces a number of obstacles, including the high cost that does not cover the expenses of the agricultural process, as the price of one ton of chemicals has become one million dinars, after it was It does not exceed 350 thousand dinars.
He added, "Most of the farmers relied during the current season on wells, and this is a new obstacle, as these wells need electrical energy, and this is another cost that is added to the expenses of fertilizers, labor, and others," noting that
"80% of the farmers have taken work other than agriculture. due to high production costs.
Al-Ansari called for "re-opening the canning factories of juices, paste and jams, due to the large number of agricultural crops produced in Salah al-Din, in addition to exporting the tomato crop to neighboring countries due to the large number of production in Iraq."
In turn, Abu Ishaq Al-Faraji from Al-Dhuluiya district confirms, in a statement to the Iraqi News Agency (INA), that "there is a real problem facing agriculture in Salah al-Din, which is the lack of water," noting that
"the other problem is the spraying of pesticides by farmers after the farmer was approved." Totally dependent on the province's agriculture to spray pesticides.
Al-Faraji demanded: "The ministries of agriculture and water resources support farmers in Salah al-Din."
In addition, farmer Abdul Karim Al-Khazraji said in a statement to the Iraqi News Agency (INA), that "there is a great loss in the current agricultural season, due to the exposure of crops to dust storms that negatively affected agricultural crops."
And he added: "In the years of the last century, the governorate's agriculture used to spray agricultural pesticides, but now the farmer bears the burden alone, and from here we demand the Ministry of Agriculture to re-activate the agricultural pesticides' spraying, due to the large number of insects that harm agricultural crops because of them," calling for "stopping the import of some agricultural crops." This is due to its abundance in all parts of Iraq.”
For his part, the farmer, Salam Fener, demands from the people of Dujail, through the Iraqi News Agency (INA), "to stop importing agricultural crops from neighboring countries for a limited period so that he can sell agricultural crops for their abundance on his farm, in addition to opening canning factories in Salah al-Din." https://www.ina.iq/158577--.html
Al-Sadr Announces A Boycott Of The Upcoming Elections If The Corrupt Participate In Them
Wednesday, June 15, 2022 9:59 PM National News Center/ Baghdad The leader of the Sadrist movement, Muqtada al-Sadr, confirmed today, Wednesday, that he will not participate in the upcoming elections in the presence of the corrupt.
Al-Sadr said during his meeting with members of the Sadrist bloc and its follower / the National News Center / that “after welcoming you and before farewell between us and after thanking you for your positions and unity, I would like to tell you one thing, that I decided to withdraw from the political process so as not to participate with the corrupt in any way. No neither in this world nor in the hereafter.”
He added, "I want to tell you, in the upcoming elections, I will not participate in the presence of the corrupt, and this is a covenant between me and God, between me and you, and with my people, unless God relieves and removes the corrupt and everyone who plundered and stole Iraq and permitted bloodshed."
He continued, addressing the members of the Sadrist bloc, "If we participate in the corresponding elections, keep women and men at the ready, and do not disperse and integrate politically, ideologically, parliamentary and legally, and communicate with the Iraqi people." https://nnciraq.com/135169/
To read more current and reliable Iraqi news please visit BondLady’s Corner: