Tlm724 Administrator Bondlady’s Corner
A Statement From The Central Bank Regarding The Launch Of The 20,000 Dinars Category
Money and business Economy News-Baghdad The Central Bank of Iraq announced that it is still too early to launch a currency of 20,000 dinars into circulation.
An official source in the bank said in a statement to the official newspaper, “The bank is still in the process of preparing to study, design, and the extent of the impact of that currency on Iraqi society,” noting that it is too early to print it and release it for circulation during the next near stage.
And he indicated that “the issuance of this paper will improve the national chain of banknotes, in addition to that it will add an intermediate category of banknotes, which will facilitate cash circulation among citizens.”
The source confirmed that “no old cash categories will be withdrawn, and this category will be added to the rest of the categories with the aim of improving and enriching cash circulation.”
And he pointed out that “the bank is in the process of understanding and agreeing with the discreet printing houses to choose the colors and security characteristics of the papers and other technical and procedural details.” Views 174 Added 11/21/2022 – 9:48 AM Updated 11/21/2022 – 5:14 PM
https://economy-news.net/content.php?id=30923
Goldman Sachs Lowers Its Forecast For The Average Price Of Brent Crude To $100 A Barrel
Energy Economy News-Baghdad Goldman Sachs cut its forecast for the average price of Brent crude by $10 to $100 per barrel for the fourth quarter of this year.
Goldman Sachs attributed this reduction to the decline in demand due to the closures in China caused by the Corona pandemic.
The bank kept its forecast for the average Brent crude for 2023 at $110 a barrel.
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Goldman Sachs expected a decrease in Russian production by about 600 thousand barrels per day, warning that stocks may run out again in the first half of 2023 if OPEC + maintains current production quotas.
Fitch Solutions had expected the average Brent crude price to reach $102 this year, then drop to $95 in 2023 and then $85 in 2026.
The agency added that the downward revision of its forecast for the average price of Brent crude this year instead of its previous estimate of $105 per barrel reflects the decline in prices recorded in recent months, a decline in market sentiment and a deteriorating macroeconomic environment.
Views 159 Added 11/21/2022 – 1:54 PM Updated 11/21/2022 – 5:19 PM
https://economy-news.net/content.php?id=30929
Oil Prices Are Nearing Their Lowest Levels In Two Months
Economie| 08:33 – 11/21/2022 Follow-up – Mawazine News Oil prices fell near their lowest levels in two months, as supply concerns eased, while concerns about China’s fuel demand and rising interest rates raised prices.
Brent crude futures for January fell 88 cents, or 1 percent, to $86.74 a barrel by 0403 GMT, after settling at their lowest since September 27. US West Texas Intermediate (WTI) crude futures for December were at $79.18 a barrel, down 90 cents. https://www.mawazin.net/Details.aspx?jimare=211901
The House Of Representatives Adjourns Its Session And Decides To Hold Another Closed Session Tomorrow To Discuss “Preserving Iraq’s Sovereignty.”
Political | 03:44 – 11/21/2022 Baghdad – Mawazine News , the House of Representatives adjourned, on Monday, its session until tomorrow, Tuesday.
“The Presidency of the House of Representatives has adjourned the parliament’s session to tomorrow, Tuesday,” the House of Representatives media department said in a statement, which Mawazine News received a copy of.
The media department published the agenda of the Council’s session for tomorrow, which included discussing the issue of preserving Iraq’s sovereignty. Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=211958
UNAMI calls for stopping the violation of Iraqi sovereignty and the regional government confirms that The Iranian Violations Are Unjustified
Today, Monday, the United Nations Mission in Iraq called for an end to the violation of Iraqi sovereignty.
“The repeated attacks that violate Iraqi sovereignty must stop,” the UN mission said in a tweet on its Twitter account, noting that “such aggression not only recklessly increases tensions, but also causes tragedy.”
“Whatever external scores a neighboring country seeks to settle, using established diplomatic tools is the only way forward,” he added.
Today, the headquarters of Iranian opposition parties were subjected to missile strikes inside the Kurdistan region.
Today, Monday, the Kurdistan Regional Government issued a statement condemning in the strongest terms the attack carried out by Iran with missiles and drones in the region.
The government said in a statement that it condemns in the strongest terms the attack launched by the Islamic Republic of Iran last night on the Kurdistan Region, adding that the repeated Iranian violations affecting the sovereignty of Iraq and the Kurdistan Region of Iraq are unjustified, and constitute a flagrant violation of international norms and good-neighborly relations.
The regional government called on Iran to stop this campaign against the Kurdistan Region, stressing that stability will not be achieved through violence at all.
https://www.radionawa.com/all-detail.aspx?jimare=32248
Thaer Mokhif Dr. For / Nina /: Important Laws In Parliament Are Currently Postponed
Monday 21 November 2022 10:15 | political Number of readings: 266 Baghdad / NINA / – A member of the coordination framework, representative of the State of Law Coalition, Thaer Makhaif, confirmed: “The important laws in Parliament are currently postponed.”
Makhaif said in a statement to the National Iraqi News Agency / NINA /: “Dozens of draft laws are on the shelves of parliamentary committees awaiting the first reading and discussion, and they are rounded from previous parliamentary sessions and need quick approval.”
He explained: “Controversial laws such as oil and gas, general amnesty, amending accountability and justice, and other important laws are postponed until a political agreement is reached. This matter may take several months.”
He pointed out: “Parliament is currently seeking to name the heads of parliamentary committees in originality, and then move towards approving important laws.”/ End
https://ninanews.com/Website/News/Details?Key=1015314
Us Ambassador: Iranian Attacks On Iraq Must Stop
Monday, November 21, 2022 2:48 PM Baghdad / National News Center Today, Monday, the US ambassador to Baghdad stressed that the Iranian attacks on Iraq must stop.
And the ambassador said in a blog followed by the National News Center: “Last night, we witnessed another Iranian violation of Iraqi sovereignty, adding that the missile attacks and marches endanger innocent civilians and destroy the Iraqi infrastructure.”
“These irresponsible attacks on the Kurdistan region of Iraq must stop,” the ambassador stressed.
The Dollar Rises In The Iraqi Market
Economie| 09:59 – 11/21/2022 Baghdad – Mawazine News The exchange rates of the dollar rose today, Monday, on the local stock exchange. Selling price: 148,450 dinars per 100 dollars Buying price: 148,350 dinars per 100 dollars https://www.mawazin.net/Details.aspx?jimare=211911
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