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Samson: Will it be a new nail in the coffin of the dollar? .. The story of the new system for payment via phones that will be launched by ASEAN countries

18th July, 2022

In a move that threatens the dollar's dominance of international trade, central banks in a number of Southeast Asia have decided to link private payment systems, allowing people to buy goods and services across the region via mobile phones in local currencies, in what may be the beginning of the establishment of an independent financial system. about the dollar in the region.

In a session on the sidelines of the recent G20 finance ministers and central bank governors meeting, Bank Indonesia Central Bank Governor Piri Wargio said that in November, five of the region's largest economies are set to sign an agreement to integrate their mobile payment network, and payments will be made in local currencies. Without converting via dollars, according to a report by the American Bloomberg Agency.

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Samson: Al-Nusairi: Sustainable development in Iraq is achieved by strategic economic agreements with brotherly and friendly countries

17th July, 2022

Based on the final statement of the Security and Development Summit, which concluded yesterday, Saturday in Saudi Arabia, and the speech of Prime Minister Mustafa Al-Kazemi at the summit meeting, in which he emphasized Arab economic integration through the agreements signed by Iraq with Saudi Arabia, the Gulf Cooperation Council countries, Egypt and Jordan in electrical interconnection projects.

And his proposal to establish the Middle East Bank for Sustainable Development Adviser to the Association of Iraqi Private Banks, Samir Al-Nusairi, stressed the need for the new government to move towards building and securing infrastructure and investment and strategic projects that achieve sustainable development

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Samson: What is the impact of the value of the euro with the dollar on the Iraqi economy?

14th July, 2022

Economist Qusai Safwan confirmed that the value of the euro with the dollar has a positive impact on the value of the Iraqi dinar.

Safwan said that "the reason for the decline in the value of the euro is as a result of Russia's cutting off oil and gas supplies from the European Union and the disruption in growth rates in the union, which led to making the dollar a safe haven to convert the euro into dollars at this stage."

He added, "The impact of the depreciation of the euro is positive on the Iraqi economy as a result of Iraq's possession of dollar reserves, which will lead to the growth of the country's economy."

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Samson: Việt Nam's economy is developing rapidly: expert

14th July, 2022

According to the General Statistics Office, in the first six months of the year, Việt Nam's economy showed signs of growth, such as a strong increase in the service industry and a rising number of newly-established enterprises.

In the first six months, Việt Nam's GDP grew by 6.42 per cent on year, with GDP growth in the second quarter at 7.72 per cent on year - the highest level for the past 10 years. Meanwhile, global economic growth has been forecast to decrease after the COVID-19 pandemic and due to the conflict between Russia and Ukraine.

Dr Trần Thị Hồng Minh, director of the Central Institute for Economic Management (CIEM), Ministry of Planning and Investment, spoke to Vietnam News Agency about the prospects for economic recovery.

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Samson: Parliamentary Finance excludes the existence of a budget for 2022 and explains the reason

14th July, 2022

The Parliamentary Finance Committee revealed the reason for excluding the adoption of a financial budget for 2022. Committee member Jamal Cougar told {Euphrates News}: "There is no opportunity to pass the budget law, as it needs to go through a series of formations so that we can say that there is a possibility to send the budget."

He added that "the draft law needs steps to be sent and transferred between the corridors of state institutions for a period of no less than 12 weeks, and this is at least in the last two months of this year, while the government is tasked with preparing a draft budget for next year, starting from next August, and this is not possible, so we rule out approval." Budget Law for 2022.

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Samson:  Al-Kazemi: Iraq is stronger than it was before and stands with greater confidence on the international stage and draws its own footsteps

The Iraqi Prime Minister Mustafa Al-Kazemi confirmed on Wednesday that Iraq today is stronger than it was before and stands with greater confidence in the international stage, indicating that he is drawing his own pace, locally, regionally and internationally.

Al-Kadhimi said in an article published in the "Foreign Policy" magazine and distributed by his media office, "When US President Joe Biden arrives in the Middle East this week, he will reach a region that faces many challenges, such as terrorism, food security, and climate change. But the Middle East today a region facing these challenges with a group of leaders seeking positive change."

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Samson: Topped by Arab countries.. Learn about the most expensive currencies in the world

13th July, 2022

The value of money can only be determined by comparison with the money of other countries, and in total, there are about 180 currencies in the world today. Which of them is the most expensive and most valuable?

Many people think that the dollar, the euro, or perhaps the pound sterling are the most valuable currencies, but this is not the case.

For several years, the currencies of the Middle East countries occupy the leading positions in the list of the world's most valuable currencies.

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Clare: The Iraqi Oil Minister from Paris: We are continuing to implement the "Total" contracts

2022-07-12

Today, Tuesday, the Iraqi Minister of Oil confirmed that the implementation of the group of oil contracts concluded by the ministry with the French Total is proceeding.

This came during his meeting with the CEO of the French Total Energy, Patrick Pouyanne, in the French capital, Paris, according to a statement received by Shafak News Agency.

Oil Minister Ihsan Abdul-Jabbar Ismail said, according to the statement, that "this meeting came to follow up the technical and administrative progress of the four contracts within the agreement, including following up on the Artawi field gas investment contract after signing the design contract for the Artawi Central Complex between South Gas Company and KBR in cooperation with Total".

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Tivon: The establishment of a Federal Oil and Gas Council (FOGC), which would act as the main body for overseeing the Iraqi petroleum sector. The membership of the FOGC would consist of

The relevant Deputy Prime Minister.

The Minister of Oil

The Minister of Finance

The Minister of Planning

The Governor of the Central Bank of Iraq

A ministerial-level representative of the Kurdistan region (and any other region formed pursuant to the Constitution subsequent to the enactment of the (oil and gas law)

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Samson: Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy

2th July, 2022

A source in the coordinating framework that includes all Shiite forces except for the Sadrist movement, which seeks to form the next government, revealed that the competition is limited to three candidates for prime minister, indicating that the leader of the state of law, Nuri al-Maliki, will withdraw from the nomination for the position, along with the imminent nomination of a candidate for the position of First Deputy. to the Speaker of Parliament.

The source told Shafaq News Agency, "The competition for the position of prime minister is limited to 3 personalities, including the former Prime Minister Haider al-Abadi and the former Minister of Labor and Social Affairs, Muhammad Shiaa al-Sudani, in addition to one of the personalities from the second row leaders of one of the forces of the coordination framework, known for his strength in decision-making.

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DallasDude: Frank just stated on You Tube rate CAN change rate under caretaker government with Kazemi..and I agree

Clare: FRANK ALSO SAID THAT THE GOV HAS TO BE ANNOUNCED/SEATED IN HIS OPINION... FRANK HAS TOLD US FOR A WHILE NOW THEY HAVE THE GOV .. IT HAS TO BE ANNOUNCED AND FRANK HAS NOT FINISHED THE CC YET, BUT "CONFIDENCE" IS A KEYWORD FOR TONIGHT....
AND I WOULD THINK THE GOV NEEDS A VOTE OF CONFIDENCE FOR THE PEOPLE'S SAKE!

THE GOV SITUATION HAS TO BE RESOLVED PUBLICALLY ONE WAY OR ANOTHER (AND WE WILL WITNESS IT SOON) ... AND THEN THERE WILL BE NO FAILURE WITH THE CITIZENS WITH A NEW EXCHANGE RATE IMO

FRANK ALSO SAID ON THE CC THE CBI IS LOOKING FOR "CONFIDENCE"

"WHAT IS THE CONFIDENCE? A NEW GOV'T ANNOUNCED!"....F26

"IT MUST NOT FAIL WITH THE CITIZENS" ...WS & F26

"THE CITIZENS WILL SEE THE GOV & CBI SHOULDER TO SHOULDER" ...WS & F26