Iraq reduces gasoline imports by half

Iraq reduces gasoline imports by half

2024-03-20 05:03

Shafaq News/ The Petroleum Products Distribution Company confirmed on Wednesday that the amount of gasoline imports had decreased by half after operating the Karbala refinery, indicating that the ministry’s plan to end gasoline imports is proceeding according to Read more…

The Parliament Speaker’s file was settled at the table of Al-Mandalawi and Al-Maliki

The Parliament Speaker’s file was settled at the table of Al-Mandalawi and Al-Maliki

2024-03-20 06:34

Shafaq News/ The Acting Speaker of the Iraqi Parliament, Mohsen Al-Mandalawi, and the Head of the State of Law Coalition, Nouri Al-Maliki, stressed on Wednesday the issue of choosing a Speaker of the House of Representatives through dialogue and understanding.

A statement from Al-Mandalawi’s office received Read more…

Iraqi Dinar Guru opinions 3-19-2024

Iraqi Dinar Guru opinions 3-19-2024

3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The funding for all of 2024, last Wednesday was suspended…and it was changed…They must be using the new exchange rate. They said they changed it and then sent it to the Council of Ministers for the review. Then it is to be sent to the House for a vote…It should be going for a vote any time. We think it’s going to move to 1.32 making it $0.76 which is not more than the dollar like Sudani promised, until they add the new exchange rate to it. That’s what we’re expecting. Read more…

Iraqi Dinar/US Dollar auction results for today 3-19-2024

Iraqi Dinar/US Dollar auction results for today 3-19-2024

Results of the foreign currency selling window for Tuesday 3/19/2024
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Kurdistan continues to obstruct the approval of oil and gas.. The smuggling of derivatives continues and procrastination is the theme of the meetings

Kurdistan continues to obstruct the approval of oil and gas.. The smuggling of derivatives continues and procrastination is the theme of the meetings

3-19-2024

Information/Private..
The controversy over the approval of the oil and gas law continues despite the passage of many laws, but the latter is still subject to political consensus in which the Kurdish parties practice blackmail against the central government in order to procrastinate the file on the one hand and the smuggling of oil continues through Read more…

The Council of Ministers takes a number of service, economic and banking decisions

The Council of Ministers takes a number of service, economic and banking decisions

3-19-2024

Information / Baghdad…
During its regular session, Tuesday, the Council of Ministers issued a number of decisions, including approving the controls for regulating the dealings of beneficiary entities with letters of guarantee issued in their favor, obliging the Ministry of Finance to pay the Iraqi Trade Bank’s dues owed to Read more…

The President of the Republic stresses the importance of following up on the implementation of Article (140) of the Constitution

The President of the Republic stresses the importance of following up on the implementation of Article (140) of the Constitution

2024 ,March 19

The President of the Republic, Abdel Latif Gamal Rashid, stressed today, Tuesday, the importance of working to follow up on the implementation of the decisions of the Supreme Committee for the implementation of Article (140) of the Constitution.

The Presidency’s Media Department stated, in a statement received by Al-Rabaa, that “Rashid received, at Al-Salam Palace in Baghdad, Read more…

American magazine: Washington is not serious about withdrawing from Iraq

American magazine: Washington is not serious about withdrawing from Iraq

3-19-2024

Information, translation..
A report by the American magazine National Interest confirmed that the United States does not seem serious about the fact of its withdrawal from Iraq, despite the decline in its popularity in the Middle East region to its lowest levels as a result of Read more…

The United States intends to refill the strategic oil reserve

The United States intends to refill the strategic oil reserve

2024-03-19 02:12

Shafaq News/ The US Secretary of Energy, Jennifer Granholm, announced today, Monday, the United States’ intention to refill its strategic oil reserve by the end of 2024, after the stock fell to its lowest historical levels last year.

In the wake of the Russian-Ukrainian war, US President Joe Biden announced an unprecedented withdrawal from oil reserves in a move criticized Read more…

Iraqi Dinar Guru opinions 3-18-2024

Iraqi Dinar Guru opinions 3-18-2024

3-18-2024 Newshound Guru Militia Man Article: “Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there is no specific date for sending it” Quote: “On June 12, 2023, the Iraqi Parliament approved the tripartite budget law for the years 2023, 2024, and 2025. Last year’s total budget amounted to 197 billion dinars, which is the largest in the country’s history.” Take note that they used 197 Billion Dinars. That is a little over $150 million USD at the current exchange rate of 1,310 IQD… Seriously? I do not think so, unless they have done something we have yet to see. Read more…

Iraqi Dinar/US Dollar auction results for today 3-18-2024

Iraqi Dinar/US Dollar auction results for today 3-18-2024

Results of the foreign currency selling window for Monday 3/18/2024
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Does Fitch’s rating affect the government’s only financial “arm”? An expert explains

Does Fitch’s rating affect the government’s only financial “arm”? An expert explains

03/18/2024

An economic expert reduced the impact of the decision of the international credit rating agency {Fitch}, after it announced the reduction of the credit rating of the Trade Bank of Iraq (TBI) to {CCC+}.

Abdul Rahman Al-Mashhadani told {Al-Furat News} agency, “This classification is not new because it is Read more…

Naeem Al-Aboudi: Iraq will regain its right to possess a peaceful nuclear reactor. We have begun preparing the staff

Naeem Al-Aboudi: Iraq will regain its right to possess a peaceful nuclear reactor. We have begun preparing the staff

3-18-2024

Baghdad – 964
The Minister of Higher Education and Scientific Research, Naeem Al-Aboudi, said today, Monday, that Iraq seeks to possess clean nuclear energy, and is cooperating with the International Atomic Energy Agency, to establish peaceful nuclear reactors for research purposes, and to qualify key leaders to manage Read more…

Al-Sudani chairs a special meeting on the 2024 budget schedules

Al-Sudani chairs a special meeting on the 2024 budget schedules

3-18-2024

Information/Baghdad
Prime Minister Muhammad Shiaa Al-Sudani chaired a special meeting on the federal general budget schedules for the year 2024, while noting the need to focus attention on projects that are nearing completion.

The Prime Minister’s Media Office said in a statement Read more…

Anbar Alliance: Al-Halbousi is suffering from a state of severe despair.. What is the relationship with Parliament?

Anbar Alliance: Al-Halbousi is suffering from a state of severe despair.. What is the relationship with Parliament?

3-18-2024

Information / Baghdad..
A member of the United Anbar Alliance, Muhammad Al-Fahdawi, confirmed on Monday that the Sunni political forces had not reached an agreement on a specific personality for the position of Speaker of the House of Representatives.

Al-Fahdawi told Al-Maalouma, “The sacked Speaker of the House of Representatives, Muhammad Al-Halbousi, is suffering from a state of extreme Read more…

Economist: Three reasons behind the decline in dollar prices

Economist: Three reasons behind the decline in dollar prices

3-18-2023

Information/private..
Today, Monday, economic expert Zia Mohsen explained the reasons for the decline in the price of the dollar in Iraqi markets, noting that speculation is the most prominent of these reasons.

Mohsen said in a statement to Al-Maalouma, “The speculation operations that take Read more…

Al-Sudani: The implementation of the 2023 budget witnessed a success that must be invested in

Al-Sudani: The implementation of the 2023 budget witnessed a success that must be invested in

2024-03-18 23:35

Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani saw, on Monday, that the implementation of the state’s general budget for the year 2023 had “successful,” stressing his investment to complete the remaining projects.

This came during his chairing a special meeting on the federal general budget Read more…

The International Atomic Energy Agency sends an official invitation to Iraq to participate in its next summit

The International Atomic Energy Agency sends an official invitation to Iraq to participate in its next summit

2024-03-18 02:32

Shafaq News/ On Monday, the International Atomic Energy Agency sent an official invitation to Iraqi Prime Minister Muhammad Shia al-Sudani to participate in the nuclear energy summit that will be held in Brussels this month, while confirming that it is awaiting an Iraqi delegation’s visit to its headquarters in Read more…

Iraqi Dinar Guru opinions 3-17-2024

Iraqi Dinar Guru opinions 3-17-2024

3-17-2024 Newshound/Intel Guru Mnt Goat I have to say that the CBI cannot turn back from all the progress already made. Also remember that the citizens of Iraq are reading all these articles too about increasing the value of the dinar and so it is way beyond the point of returning to the same old, same old…Remember two things if nothing else: 1. It’s not IF but WHEN this event is going to happen and; 2. It has to happen and soon. Read more…

Iraqi Dinar/US Dollar auction results for today 3-17-2024

Iraqi Dinar/US Dollar auction results for today 3-17-2024

Results of the foreign currency selling window for Sunday 3/17/2024
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