IRAQI DINAR POLITICS & ECONOMY

Politician: Barzani’s presence in Baghdad in conjunction with the American delegation was not a coincidence

Politician: Barzani’s presence in Baghdad in conjunction with the American delegation was not a coincidence

9-20-2023

Information / Baghdad
Political analyst Qasim Balshan said on Wednesday that the presence of the regional government delegation, represented by Nechirvan Barzani, in Baghdad, coinciding with the arrival of a delegation from the US Treasury Department in the capital, was not a coincidence.

Balshan told Al-Maalouma, “Implementing the constitution and the law does not Read more…

For this reason… Al-Moussawi rules out Al-Sudani’s move towards ministerial changes

For this reason… Al-Moussawi rules out Al-Sudani’s move towards ministerial changes

9-20-2023

Information / private..
Today, Wednesday, the Summit Center for Strategic Studies ruled out the Sudanese tendency towards making ministerial changes during the current period, while stressing that there are many weak links that require radical changes in most ministries.

The director of the center, Haider Al-Moussawi, said in an interview Read more…

Conflicting expectations for dollar prices…and talk of a “big shock”

Conflicting expectations for dollar prices…and talk of a “big shock”

2023-09-20 23:19

Shafaq News/ The visit of the Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, to the United States of America is important in terms of its timing, which coincides with the crisis of the rise in the dollar exchange rate, amid high hopes that Iraqis have for the possibility of finding solutions to this issue.

Al-Sudani left for New York to participate in the meetings of the United Nations Read more…

The Prime Minister’s advisor explains the spending priorities in the budget

The Prime Minister’s advisor explains the spending priorities in the budget

2023-09-20

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed Tuesday, that the improvement in oil revenues will reduce estimates of the deficit gap and avoid resorting to borrowing, while clarifying the priorities for spending Read more…

Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the oil and gas law

Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the oil and gas law

9-19-2023

Information / Baghdad…
A member of the Parliamentary Oil, Gas and Natural Resources Committee, Ali Saadoun Al-Lami, confirmed on Tuesday that there are many unresolved controversial points between Baghdad and Erbil, as well as the oil-producing governorates, preventing Read more…

An economist explains the reasons for continuing to sell oil in dollars

An economist explains the reasons for continuing to sell oil in dollars

9-19-2023

Information / Baghdad…
Economic expert Safwan Qusay explained, on Tuesday, the reasons for continuing to sell oil in the dollar currency instead of dealing directly with countries to obtain revenues without going through the US Federal Bank.

Qusay told Al-Maalouma, “Oil in all countries of the world is sold in dollars, and this matter came through Read more…

Iraq reduces its holdings of US bonds by $400 million

Iraq reduces its holdings of US bonds by $400 million

2023-09-19 00:04

Shafaq News/ The US Treasury Department announced on Tuesday that Iraq’s possession of US bonds decreased by $400 million to reach about $32.6 billion last July.

The Treasury stated in its latest table, seen by Shafaq News Agency, that “Iraq’s possession of US Treasury bonds for the month Read more…

Iran: Iraq is our first trading partner and we plan to establish a joint bank and a free trade zone

Iran: Iraq is our first trading partner and we plan to establish a joint bank and a free trade zone

2023-09-19 04:22

Shafaq News/ Head of the West Asia Department at the Iranian Trade Development Foundation, Farzad Belten, announced on Tuesday the Iranian government’s intention to establish a joint bank and a joint free trade zone with Iraq.

Belten said in a speech he delivered before Read more…

Al-Sudani receives an official invitation from Biden to visit Washington

Al-Sudani receives an official invitation from Biden to visit Washington

2023-09-19

Today, Tuesday, during his meeting with US Secretary of State, Anthony Blinken, Prime Minister Muhammad Shiaa Al-Sudani received an official invitation from President Joseph Biden to visit Washington.

The Prime Minister’s Media Office stated, in a statement, that “Al-Sudani met, in Read more…

Al-Saadi: The state order will be issued within hours to cut off the route of funds to Kurdistan

Al-Saadi: The state order will be issued within hours to cut off the route of funds to Kurdistan

9-18-2023

Information/Baghdad…
The legal expert in charge of the lawsuit against the governments of Baghdad and Erbil regarding sending money, Muhammad Al-Saadi, confirmed, on Monday, the anticipation of the issuance of a state order by the Federal Supreme Court to stop sending money from Baghdad to Erbil.

Al-Saadi said in a statement to Al-Maalouma, “This morning witnessed Read more…

After cutting off oil, salaries, and dreams of secession, the federal government is preparing to direct a judge against Barzani

After cutting off oil, salaries, and dreams of secession, the federal government is preparing to direct a judge against Barzani

9-18-2023

Information/Baghdad…
Masoud Barzani is a permanent client of the Federal Supreme Court due to his continued violation of the constitution, corruption, and practice of political blackmail. Ironically, all his plans are destroyed under the hammer of federal justice, which ruled to end the secessionist referendum from Iraq Read more…

Sudanese arrives in New York

Sudanese arrives in New York

2023-09-18 02:47

Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani arrived on Monday in New York City in the United States of America.

The Prime Minister’s Media Office said in a statement received by Shafaq News Agency, “Al-Sudani arrived in New York to participate in the meetings of the United Nations General Assembly, in its seventy-eighth session.”

Al-Sudani left the capital, Baghdad, yesterday evening, Read more…

Economic experts warn Iraq against staying with the US Federal Reserve

Economic experts warn Iraq against staying with the US Federal Reserve

2023-09-18

Ali Al-Zubaidi
Researcher in political and media affairs
A new shock is being witnessed by the Iraqi economy with a significant rise in the dollar exchange rate in local markets, as the parallel exchange rate recorded 1,540 dinars to the dollar, while the official exchange rate is only 1,320 dinars.

The surge in the exchange rate comes after the US Treasury Department imposed Read more…

Washington is dissatisfied with the Sudanese government.. Iraqi oil is on the sanctions radar

Washington is dissatisfied with the Sudanese government.. Iraqi oil is on the sanctions radar

9-17-2023

The head of the Iraqi Center for Strategic Studies, Dr. Ghazi Faisal, indicated Saturday, that there are strong American objections to some of the Iraqi government’s policies, especially with regard to “black transfers,” which may force Washington to issue new sanctions that may even include Iraqi oil.

Faisal told “ Jarida ”, “The United States of America is Read more…

The tripartite budget and oil price fluctuations.. The Sudanese advisor sets 3 constants for the next stage

The tripartite budget and oil price fluctuations.. The Sudanese advisor sets 3 constants for the next stage

9-17-2023

Information/private..
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, stated today, Sunday, the possibility of maintaining the constants of the budgets for the next two years in light of the fluctuations in oil prices in global markets, while he confirmed that the northern hemisphere is facing Read more…

An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasury

An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasury

9-17-2023

Information / Baghdad…
Economic affairs researcher Hisham Al-Baydani confirmed on Sunday the possibility of taking steps by the Iraqi government in order to avoid banks falling into the trap of the US Treasury, especially with regard to the sanctions it imposes Read more…

Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar

Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar

9-17-2023

Information / Baghdad…
Former MP Jassem Al-Bayati confirmed on Sunday that Iraq has alternative currencies that can be agreed upon with the US Treasury to deal with in the event of sanctions being imposed on some banks.

Al-Bayati told Al-Maalouma, “The visit of the US Treasury delegation to Baghdad Read more…

Al-Fateh: The Sudanese government thwarted the region’s attempt to push Washington into the crisis line

Al-Fateh: The Sudanese government thwarted the region’s attempt to push Washington into the crisis line

9-17-2023

Information / Baghdad..
The leader of the Al-Fatah Alliance, Ali Hussein Al-Fatlawi, confirmed on Sunday the success of the government of Muhammad Shiaa Al-Sudani, in thwarting the region’s plan by throwing the American party into the line of the latest crisis with Read more…

Barzani announces reaching a “fruitful agreement” with Al-Sudani regarding the salaries of Kurdistan employees

Barzani announces reaching a “fruitful agreement” with Al-Sudani regarding the salaries of Kurdistan employees

9-17-2023

Information / Baghdad..
The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, announced on Sunday that a fruitful agreement had been reached with Federal Prime Minister Muhammad Shiaa Al-Sudani, regarding securing citizens’ salaries.

Barzani said in a statement received Read more…

General Electric seeks to use jet turbines to convert burned gas into electricity in Iraq

General Electric seeks to use jet turbines to convert burned gas into electricity in Iraq

2023-09-17 04:03

Shafaq News/ Executive Director of Mobile Power Units at General Electric Energy Company in Europe, the Middle East and Africa, Medhat Al-Marabi, stated on Sunday that the company aims to use jet turbine technology to convert burned gas to produce electrical energy.

This came during his meeting with Deputy Prime Minister for Energy Affairs Read more…