.KTFA:

Samson: Oil prices rise as US inventories fall further

16th September, 2021

Oil prices jumped on Thursday, extending their strong gains the previous day, after a larger-than-expected decline in crude oil inventories in the United States, the world's largest oil consumer, while Brent rose

Brent crude rose 18 cents, or 0.2 percent, to $75.64 a barrel by 05:20 GMT, after settling at a 2.5 percent gain the previous day. US West Texas Intermediate crude rose 18 cents, or 0.3 percent, to $ 72.79, after settling up 3.1 percent on Wednesday

.KTFA:

Clare: August 05, 2021

Federal Reserve Board announces the individual capital requirements for all large banks, effective on October 1

For release at 4:30 p.m. EDT

Following its stress test earlier this year, the Federal Reserve Board on Thursday announced the individual capital requirements for all large banks, effective on October 1. Those capital requirements ensure that the large banks tested will hold roughly $1 trillion in high-quality capital—enough to survive a severe recession and still be able to lend to households and businesses.

.KTFA:

Samson: The Central Bank participates in the first conference to activate the role of the business incubator

12th September, 2021

The Director General of the Central Bank of Iraq - Basra Branch, participated in the first conference on activating the role of a business incubator to activate entrepreneurship in community service, Thursday, 9/9/2021, organized by the University of Basra in partnership with Siraj Al Marefa Company for Training and Development and under the auspices of the United Nations World Food Program.

.KTFA:

Samson: Sovereign Fund

7th September, 2021

Oil is a commodity subject to stagnation at any moment, noting that the global market witnessed severe price collapses, during periods, not far apart, in 2008, 2014, and 2020, and it is also subject to depletion, or dispensing with it when the world discovers sources of energy, less costly. and more efficient, and such signs have begun to loom strongly on the horizon, and in light of these oil repercussions, the lives of future generations in the oil-producing countries seem threatened, because the current generations will nibble all the available wealth, above and below the earth

Hence the importance and necessity of setting controls that guarantee the rights of the successors, and this matter falls on the shoulders of the current governments, and those before them and those who come after them, and on this basis came the idea of ​​establishing the Generations Fund in Iraq. It is true that the step came too late, as it was supposed to be established.

.KTFA:

Samson: Spokesperson for the Prime Minister: The exchange rate will be fixed in the 2022 budget and there will be no change in it

6th September, 2021

The spokesman for the Council of Ministers, Hassan Nazim, confirmed, on Monday, September 6, 2021, that the dollar exchange rate will be fixed in the draft financial budget law for 2022 and there will be no change in it.

Nazim said in a press statement, which was followed by "The Obelisk", that increasing the dollar exchange rate is an idea that has been discussed for years, and the previous government did not dare to take this step because of the risks and controversies surrounding it, and Al-Kazemi's government was bold to take this decision because it is in the interest of the Iraqi economy, and in the economic vision. Reform of the Ministry of Finance, as this idea was presented within the reforms of the white paper and won acceptance and extensive discussion.

.KTFA:

Samson: Iraq and the United Nations sign a framework for joint cooperation in a number of fields

4th September, 2021

Tomorrow morning, Sunday, Iraq and the United Nations will sign a framework for joint cooperation between the two sides.

The spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said that "the framework includes supporting the efforts of the Iraqi government, in a number of areas, including the return of the displaced, developing the private sector, empowering youth, and achieving social peace, within the framework of the five-year development plan and the government reform plan (white paper)."

He added, "The aforementioned cooperation framework will be signed on the Iraqi side by Minister of Planning Khaled Battal Al-Najm, and on behalf of the United Nations, Deputy Special Representative of the United Nations in Iraq Irina Solerano, and the signing ceremonies will take place in the Ministry of Planning building."

.KTFA:

Samson: The Arab Monetary Fund (AMF) holds a virtual workshop on Buna's role as a bridge with Asian markets and the prospects of cross-border instant payment

3rd September, 2021

The workshop is hosting speakers from the World Bank, Bank for International Settlements (BIS), Cross-border Interbank Payment System (CIPS), National Payments Corporation of India (NPCI) and State Bank of Pakistan

More than 200 senior officials will attend the workshop, representing central banks and a wide spectrum of regional and global financial institutions