IRAQI DINAR POLITICS & ECONOMY

Former deputy: The region owes Baghdad $37 billion for oil

Former deputy: The region owes Baghdad $37 billion for oil

7-21-2023

Information / Baghdad..
The former member of the Parliamentary Oil and Energy Committee, Ghaleb Muhammad Ali, confirmed that the region owes Baghdad $37 billion for oil exports, pointing to the importance of enacting the oil and gas law in order to solve Read more…

Political warnings from the legislation of the oil and gas law before resolving the file with the Kurds

Political warnings from the legislation of the oil and gas law before resolving the file with the Kurds

7-21-2023

Information / Baghdad…
Today, Friday, political analyst Hazem Al-Bawi warned against going towards the legislation of the oil and gas law before resolving the file with the Kurds in terms of the violations that occurred and the control of some oil fields by the region.

Al-Bawi said in a statement to Al-Maalouma that “the Iraqi people know very well Read more…

“Moody’s” reduces the assessment of the economic strength of Iraq by two points to “ba2”.. What does that mean?

“Moody’s” reduces the assessment of the economic strength of Iraq by two points to “ba2”.. What does that mean?

2023-07-21

Moody’s announced the downgrade of Iraq’s economic strength to “ba2”, and said that this assessment balances the size of the economy and the abundance of natural resources with the instability and turmoil of economic growth, weak infrastructure, and the economy’s lack of Read more…

Economist: US sanctions on Iraqi banks have a political goal

Economist: US sanctions on Iraqi banks have a political goal

7-21-2023

Today, Friday, the economic expert, Aziz Shwan, said that the US sanctions imposed on a number of Iraqi banks “have a political goal.”

Schwan said in an interview with “ Al-Jarida ”, that “the violations of the banks are twofold, intended and unintended,” explaining that “the penalties were imposed Read more…

Temporarily.. Sweden moves its embassy from Baghdad to Stockholm

Temporarily.. Sweden moves its embassy from Baghdad to Stockholm

2023-07-21 03:33

Shafaq News/ The Swedish Ministry of Foreign Affairs stated that the assigned staff and operations at the Swedish Embassy in Baghdad were temporarily transferred to Stockholm for security reasons.

This came, according to what was reported by the Swedish News Agency (TT) today, Friday, on the authority of the Ministry Read more…

Bartering oil for gas.. Washington is resorting to a new tactic to overthrow the Sudanese government

Bartering oil for gas.. Washington is resorting to a new tactic to overthrow the Sudanese government

7-20-2023

Information / Baghdad…
A few days ago, the United States refused to grant Iraq exemptions, as before, in order to purchase Iranian gas needed to operate power stations, which caused a decline in electricity supply hours during the summer peak time and high temperatures, which prompted the government to anticipate the American game, by Read more…

Iraq cuts off its diplomatic relations with Sweden and suspends the work of a company for it. Al-Maliki supports and Rashid condemns

Iraq cuts off its diplomatic relations with Sweden and suspends the work of a company for it. Al-Maliki supports and Rashid condemns

2023-07-20 04:37

Shafaq News/ The Iraqi government decided, on Thursday, to withdraw its Chargé d’Affaires in Stockholm, and expel the Swedish ambassador from the country’s lands, in protest against allowing a demonstration in which the Qur’an was torn and burned for the second time.

The government spokesman, Basem Al-Awadi, said in a statement today Read more…

After America’s sanctions on banks.. Al-Kinani: The dollar will reach 175 thousand

After America’s sanctions on banks.. Al-Kinani: The dollar will reach 175 thousand

7-20-2023

Information / Special..
Today, Thursday, economic expert Nasser Al-Kinani criticized the new sanctions imposed by Washington on 14 new Iraqi banks, stressing that imposing sanctions from America is a response to the government after announcing a barter for the supply of Iranian gas.
Al-Kinani said in an interview with the information agency, “It is expected that the exchange rate of the dollar Read more…

The Iraqi parliament reactivates the Article 140 Constitutional Committee to compensate those affected by Saddam’s regime

The Iraqi parliament reactivates the Article 140 Constitutional Committee to compensate those affected by Saddam’s regime

2023-07-20 05:30

Shafaq News/ The Second Deputy Speaker of Parliament, Shakhwan Abdullah, announced on Thursday the reactivation of the Constitutional Article 140 Committee to settle the files of those affected by the previous regime.

Abdullah said during a press conference held in the parliament building Read more…

With names.. America imposes sanctions on 14 Iraqi banks for dealings with Iran in dollars

With names.. America imposes sanctions on 14 Iraqi banks for dealings with Iran in dollars

2023-07-20

The Wall Street Journal quoted US officials as saying that the United States prevented 14 Iraqi banks from conducting transactions in dollars.

“The ban, which was imposed by the Treasury Department and the Federal Reserve Bank of New York, comes as part of a comprehensive campaign against Read more…

Frame: International arrest warrants will be issued against 6 of those involved in corruption

Frame: International arrest warrants will be issued against 6 of those involved in corruption

7-19-2023

Information / Baghdad

The leader in the coordination framework, Jabbar Odeh, revealed, on Wednesday, that international arrest warrants are about to be issued against 6 of those involved in corruption.

In an interview with Al-Maalouma, Odeh said, “The efforts of the Sudanese Read more…

Al-Maliki: America’s agreement to pay Iraq’s debts to Iran is a “shedding ashes in the eyes”

Al-Maliki: America’s agreement to pay Iraq’s debts to Iran is a “shedding ashes in the eyes”

7-19-2023

Information/exclusive..Abbas al
Maliki, the leader of the State of Law Coalition, described today, Wednesday, America’s agreement to pay Iraq’s debts to Iran within 120 days as “throwing dust in the eyes,” while stressing that Washington was the main reason behind the electricity crisis in Iraq.
Al-Maliki said in an interview Read more…

Al-Tamimi: The oil and gas law needs to include the decisions of the Federal Court

Al-Tamimi: The oil and gas law needs to include the decisions of the Federal Court

7-19-2023

Information / Baghdad …
Legal expert Ali Al-Tamimi stressed, on Wednesday, the importance of not violating the decisions of the Federal Court when moving towards approving the oil and gas law, especially since its decisions are final and binding Read more…

The corrupt in Anbar are lining up for retribution.. A resounding fall for those close to Al-Halbousi

The corrupt in Anbar are lining up for retribution.. A resounding fall for those close to Al-Halbousi

7-19-2023

Information / Baghdad..
The leaders of the Taqaddam Party are lining up for retribution, awaiting justice and the disclosure of their corruption files in Anbar province, after the overthrow of the director of retirement and the Integrity and Education Commission of the province, at a time when the oversight agencies in Baghdad continue to arrest more corrupt Read more…

Parliamentary Oil: Bartering Iraq exposed America .. Washington is the cause of the electricity crisis

Parliamentary Oil: Bartering Iraq exposed America .. Washington is the cause of the electricity crisis

7-19-2023

Information/exclusive..
The Oil, Gas and Natural Resources Committee commented, today, Wednesday, on the decision to allow America to pay Iraq’s debts to Iran as a result of importing natural gas, while Washington was accused of being the “main reason” behind the electricity crisis in Iraq, stressing that the latter was forced Read more…

Iraq reduces its holdings of US bonds for the fourth consecutive month

Iraq reduces its holdings of US bonds for the fourth consecutive month

2023-07-19 23:24

Shafaq News/ The US Treasury announced, on Wednesday, that Iraq’s possession of US bonds decreased for the fourth month in a row, to reach about $32.1 billion.

The treasury stated in its latest census, seen by Shafaq News agency, that “Iraq’s possession of US Treasury bonds for the month of May 2023 decreased Read more…

What is behind the cries of bartering Iraqi oil for Iranian gas?

What is behind the cries of bartering Iraqi oil for Iranian gas?

7-19-2023

Less than twenty-four hours passed, after the tenth of July, after the Iraqi Prime Minister, Muhammad Shia’a al-Sudani, issued a ballistic statement passing through Iranian gas, heading towards an Arab alternative… and another from Central Asia (Qatar and Turkmenistan), until his statements returned to the flow of influence. Iranian, announcing a deal to barter the country’s crude Read more…

An Arab currency stronger than the US dollar.. “Forbes” monitors the 10 weakest monetary currencies in the world

An Arab currency stronger than the US dollar.. “Forbes” monitors the 10 weakest monetary currencies in the world

2023-07-18 07:59

Shafaq News/ The American “Forbes” magazine discussed the 10 weakest currencies in the world, of which the Iranian riyal is the weakest, as well as the Lebanese pound, at a time when the Kuwaiti dinar is actually the strongest currency, even against the US dollar, which remains among the strongest currencies Read more…

Warnings of the closure of Al-Faw port and blocking the way for ships because of Kuwait

Warnings of the closure of Al-Faw port and blocking the way for ships because of Kuwait

7-18-2023

Information / Baghdad
Political analyst Sabah Al-Aqili warned, on Tuesday, of an economic catastrophe that might afflict Iraq in the event that the road to ships is cut off, the port of Al-Faw and other ports are closed, and marine oil exports are stopped due to Kuwait’s control of Khor Abdullah.

Al-Agaili told Al-Maalouma, “Kuwait knows that UN Security Council Resolution Read more…

The oil and gas law takes center stage amidst assurances that the problems of Baghdad and Erbil will not be solved

The oil and gas law takes center stage amidst assurances that the problems of Baghdad and Erbil will not be solved

7-18-2023

Information / Baghdad…
The former member of the Parliamentary Oil and Energy Committee, Ghaleb Muhammad Ali, confirmed, on Tuesday, that the oil and gas law will not solve the existing problems between Baghdad and Erbil over the oil file, pointing out that the Kurdistan government seeks to make the region’s oil powers in its hands at a time Read more…