High oil prices

High oil prices

12/14/2020 12:44:22

{International: Al Furat News} Oil prices witnessed, on Monday, a new high, to cross the $ 50 barrier, at a time when gold prices recorded a decline after the arrival of the first shipment of Corona vaccines to the United States.
Today (December 14, 2020) Brent crude increased by 1.7%, to record $ 50.61 a barrel, while the American Read more…

Parliamentary finance reveals a surprising reason for the dollar’s rise

Parliamentary finance reveals a surprising reason for the dollar’s rise

12/14/2020 16:22:54

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed the reason for the high exchange rate of the dollar against the Iraqi dinar in the country today.
“The government wants to gradually raise the exchange rate to reduce the budget deficit, but this rise is borne by the citizen,” said Jamal Cougar, a member of the committee.
Cougar ruled out the government taking any action Read more…

Economists: A financial crisis “of unknown magnitude” awaits us after the epidemic

Economists: A financial crisis “of unknown magnitude” awaits us after the epidemic

12/14/2020 18:00:38

{Economist: Al Furat News} Determining which companies should be rescued or left to die will be a major challenge facing governments after the epidemic, according to the report of the Group of 30 issued today, Monday.
The report gives a picture of the difficult economic environment after the pandemic, as companies must try to get rid of the massive levels of debt they have accumulated in order to survive Read more…

Events that take place “for the first time” during the visit of the regional delegation to Baghdad

Events that take place “for the first time” during the visit of the regional delegation to Baghdad

12/14/2020 15:03:32

{Baghdad: Al-Furat News} A Kurdish deputy revealed that events were recorded “for the first time” at the Kurdistan Regional Government delegation’s visit to the capital, Baghdad.
Jamal Cougar said in a press statement that “the ongoing dialogues between the Kurdistan Regional Government and the federal government are a positive step, and this is the first time Read more…

Al-Jashaimi: Iraq’s loss from the currency auction amounted to more than 27 billion dinars

Al-Jashaimi: Iraq’s loss from the currency auction amounted to more than 27 billion dinars

12/14/2020 18:24:17

{Baghdad: Al Furat News} The Deputy Chairman of the Parliamentary Integrity Committee, Khaled Al-Jushami, announced, on Monday, that Iraq lost more than 27 billion dinars from the currency auction.
Al-Ghashami said in a tweet on {Twitter} that “the Iraqi state’s loss in the notorious currency auction due to the policies of the Central Bank and its proxy governor Read more…

Parliamentary Finance: The 2021 budget will secure the salaries of employees for a full year

Parliamentary Finance: The 2021 budget will secure the salaries of employees for a full year

MONDAY, 14-12-2020, AM 11:31

The Parliamentary Finance Committee announced, on Monday, that employees’ salaries will be secured for the next year in 2021.

The Iraqi News Agency quoted a member of the committee, Jamal Cougar, as saying, “The general budget for 2021 will secure all Read more…

A new boom in the dollar price in the Iraqi market

A new boom in the dollar price in the Iraqi market

2020-12-14

The approximate exchange rates of the dollar in the Iraqi market, Monday, (December 14, 2020), according to the monitoring of specialists. Read more…

Parliament: Baghdad and Erbil are close to a fair agreement

Parliament: Baghdad and Erbil are close to a fair agreement

12/14/2020 12:36

[Baghdad-Where]
The Second Deputy Speaker of Parliament, Bashir Al-Haddad, confirmed that Baghdad and Erbil are close to reaching a fair agreement.
Al-Haddad said, “The negotiations between the region’s delegation, which is visiting Baghdad, and Read more…

The Minister of Foreign Affairs affirms on closer cooperation with Kuwait

The Minister of Foreign Affairs affirms on closer cooperation with Kuwait

12/14/2020 15:52

[Baghdad-Where]
Foreign Minister Fouad Hussein confirmed, on Monday, the strengthening of bilateral cooperation ties with Kuwait.
“Foreign Minister Fuad Hussein met with Kuwaiti Prime Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah,” Foreign Ministry spokesman Read more…

Representative Energy: There is no saving for Iraq but the port of Faw

Representative Energy: There is no saving for Iraq but the port of Faw

12/14/2020 18:04

[Baghdad-Where]
The Parliamentary Oil and Energy Committee promised, on Monday, to implement the Faw port as the only way to save Iraq from the economic crisis after reducing Iraq’s oil exports and price fluctuations.
A member of the Oil and Energy Committee, Zahra Al-Bajari, said, “There are regional countries working Read more…

Iraqi Dinar Guru opinions 12-13-2020

Iraqi Dinar Guru opinions 12-13-2020

12-13-2020 Newshound/Intel Guru Mnt Goat …we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today. Read more…

Iraqi Dinar/US Dollar auction results 12-13-2020

Iraqi Dinar/US Dollar auction results 12-13-2020

The results of the foreign currency sale window on Monday 12/14/2020, and executed today

Advertisement No. (4315) Read more…

Iraqi Finance report employees salaries for the month of December

Iraqi Finance report employees salaries for the month of December

2020-12-13 08:57

Shafaq News / The Iraqi Ministry of Finance announced, on Sunday, the release of employees’ salaries for the current month of December.

The ministry said in a statement received by Shafaq News, that it “directed the Accounting Department, Sunday, 12/13/2020, to release the salaries of employees for the month of December, for all self-financing and central ministries, as of this day.”

She added that “the Accounting Department has started Read more…

Representative economics: future generations will find nothing but debts, and their balance will be frozen money

Representative economics: future generations will find nothing but debts, and their balance will be frozen money

12/13/2020 12:54:08

(Baghdad: Al Furat News) A member of the Parliamentary Economic and Investment Committee confirmed, today, Sunday, that there is difficulty in recovering money and assets frozen abroad.
Nada Shaker Jawdat told Al-Furat News, “Regarding the Iraqi funds and assets that are frozen abroad, they can meet large debts to the country,” noting that Read more…

The US ambassador: We are continuing to reduce our forces in Iraq and redeploy them in the region

The US ambassador: We are continuing to reduce our forces in Iraq and redeploy them in the region

12/13/2020 15:39:16

(Baghdad: Al Furat News) The National Security Adviser, Qassem Al-Araji, received in his office today, Sunday, the US ambassador in Baghdad, Matthew Tueller.
Al-Araji’s media office said in a statement, which Al-Furat News received a copy of, that “the National Security Adviser received in his office the US ambassador in Baghdad, Matthew Toller, and during the meeting discussed the overall political and security situation in the region, and emphasized the importance of Iraq Read more…

Al-Rafidain announces a new increase in the benefits of deposits for citizens

Al-Rafidain announces a new increase in the benefits of deposits for citizens

SUN, 13-12-2020, AM 10:40

Al-Rafidain Bank announced, on Sunday, to increase the financial benefits of fixed deposits for citizens to 4.5%.

The bank’s media office said in a statement received by Noon News Agency, that “the financial benefits of fixed deposits for citizens who deposit their money Read more…

Demonstration by his supporters in Washington … Trump after losing the electoral appeals: The battle has just begun

Demonstration by his supporters in Washington … Trump after losing the electoral appeals: The battle has just begun

12-13-2020

US President Donald Trump said that the battle has only just begun, in a series of tweets commenting on the US Supreme Court ruling rejecting a lawsuit to nullify the presidential election results in 4 swing states. While supporters of Trump demonstrated in Washington, DC, demanding a second term for him, chanting slogans Read more…

Due to the great pressure, the Minister of Transport sends a letter to the Cabinet to approve the Korean company, not the Chinese company

Due to the great pressure, the Minister of Transport sends a letter to the Cabinet to approve the Korean company, not the Chinese company

2020-12-13

Big facts about Al-Faw port he talks about
On Sunday, the Minister of Transport, Nasser Al-Shibli, announced that a request had been sent to the General Secretariat of the Council of Ministers to obtain approval regarding the Faw port.

The official news agency quoted Al-Shibli as saying, “The Faw port is very important and there is much talk about it Read more…

Dollar exchange rates in the local market continue to rise

Dollar exchange rates in the local market continue to rise

12/13/2020 12:35

[Baghdad-Where]
The exchange rates of the dollar on the main stock exchange and local markets recorded today, Sunday, a similar rise to the exchange rates yesterday.
A reporter said that “the exchange rate of the dollar Read more…

The Kurdistan government clarifies about the negotiations of its delegation in Baghdad: This is about the budget and the amount of 320 billion

The Kurdistan government clarifies about the negotiations of its delegation in Baghdad: This is about the budget and the amount of 320 billion

12/13/2020 16:41

[Erbil-Where]
On Sunday, the Kurdistan government clarified its delegation’s negotiations in the federal capital, Baghdad.
The spokesperson for the Deputy Prime Minister, Samir Hawrami, said, according to Kurdish media, that “the Kurdistan Regional Government wants to agree with Baghdad, and for this purpose, Read more…