Bondlady’s Corner Iraqi News Thurs Afternoon

Iraqi News Thursday Afternoon 9-29-22

Tlm724 Administrator Bondlady’s Corner


America advises its citizens to avoid three Iraqi regions


The US Consulate in Erbil advised its citizens to avoid traveling to some areas of Kirkuk, Erbil and Sulaymaniyah.


The consulate said in a statement that it continues to receive media reports about the continued drone and missile attacks by Iranian military forces against the anti-Iranian Kurdish entities throughout the Kurdistan Region, pointing out that “the US government cannot say that these attacks are over.”


It called on its citizens not to travel to Iraq because of “terrorism, kidnapping, armed conflict, and civil unrest, and Iraq’s mission is limited in providing support to US citizens.”


She explained that “among the measures that must be taken, is to avoid the targeted areas (Barada) near Kirkuk, Koya (Erbil), and (Rania) east of Sulaymaniyah, and to avoid the disputed border areas.”


The consulate called on the Americans to “be careful in the vicinity of large gatherings or protests, with the need to remain hidden and keep mobile phones.”


US Ambassador: The Cycle Of Violence Must Be Stopped For A Comprehensive Dialogue In Iraq


Thursday 29 September 2022  political Number of readings: 214  Baghdad / NINA / – The US ambassador to Baghdad, Alina Romanowski, condemned the attacks on the people and institutions of Iraq.


The ambassador said in a tweet to her on Twitter: “Yesterday should have been a day to congratulate Parliament Speaker Muhammad al-Halbousi and his first deputy, Mohsen al-Mandalawi, but it has become a day marred by random acts of violence.”


She added, “We condemn these attacks on the people and institutions of Iraq, and the cycle of violence must stop so that Iraq can move forward towards a comprehensive dialogue.”/ Ended 7


The United States And Britain Affirm Their Solidarity With The Iraqi People


The United States and Britain affirmed their solidarity with the Iraqi people and their quest for democratic reform.


A joint statement by the US and UK governments said, “As the third anniversary of the October protest revolution approaches in 2019, and nearly a year after the formation of the government after the recent early elections, the governments of the United Kingdom and the United States of America express their solidarity with the Iraqi people and support their quest for reform. Democrat”.


He added, “After several months of internal negotiations, Iraq is still without a government empowered to address the economic turmoil and governance that in turn ignited the Tishreen protest movement, which pushed for early elections,” noting that “paving the path to reform through violence is not possible, as The violence we witnessed on August 29 and 30 cannot be allowed to be repeated.”



The statement continued, “The only legitimate way to achieve reform and form a government that responds to people’s needs is through constructive and inclusive dialogue,” urging “all parties to engage in a peaceful, legal and inclusive process with the aim of forming a government with full powers that can improve services, create job opportunities, strengthen national unity and make order Politics work better for all Iraqis.”


The statement stressed that “this is an Iraqi affair, and it is up to the Iraqis on how to get out of this political impasse,” calling “all Iraqi parties to respect state institutions and allow them to work peacefully and effectively and reform the system so that it is fully accountable to the Iraqi people.”


The Appearance Of Muhammad Salih To / NINA /: Currency And Gold Reserves .. Covering The Country’s Short-Term Foreign Debts


Thursday 29 September 2022 16:34 | Economic Number of readings: 86


Baghdad / NINA / – The financial expert, advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the currency and gold reserves are a cover for the country’s short-term foreign debts.


He told the National Iraqi News Agency ( NINA ): The efficiency of these reserves is seen with various indicators, such as the ratio of foreign reserves coverage of locally sourced cash, or the ratio of foreign reserves coverage of the country’s foreign debt and its short-term due services.


Saleh added: These indicators all confirm today that the country’s foreign exchange reserves, which amounted to about 85 billion dollars, including cash gold, are at a high level of efficiency and represent real monetary stability for the country.


He explained: The country’s reserves are managed according to the internationally approved standard investment guides and in various major existing currencies, and are invested in the best international financial instruments with high credit ratings, low risks, and are considered one of the actions of the country’s foreign monetary policy./


Market  Economy News-Baghdad   The Iraqi Stock Exchange announced that more than 4 billion shares, worth 4 billion dinars, were traded last week.


The market media stated that the fourth week of September 2022 witnessed five trading sessions from Sunday 25/09/2022 to Thursday 29/09/2022.


The number of shares traded during this week amounted to more than (4) billion shares, while the value of shares traded this week amounted to more than (4) billion dinars.


The trading index closed in the market for the first session of the week at (590.50) points, while the index closed at the end of the week at (605.07) points, achieving an increase of (2.37%) from its closing in the first session.


During the week, more than (2700) purchase and sale contracts were executed on the shares of companies listed in the market.   22 . views   Added 09/29/2022 – Update 09/29/2022 – 4:55 PM


Iraq Announces The Total Oil Revenues Achieved Within A Month


Economie| 10:56 – 09/29/2022   Baghdad – Mawazine News   The Iraqi Ministry of Oil announced today, Thursday, the total oil exports and revenues achieved for the month of August, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).


Somo said in a statement that Mawazine News received a copy of it, that “the amount of crude oil exports for the month of August amounted to 101 million and 859 thousand and 528 barrels of oil, with revenues of 9 billion and 688 million and 903 thousand dollars.”


The statistics indicated that “the total quantities of crude oil exported for the month of August from oil fields in central and southern Iraq amounted to 100 million and 760 thousand barrels, while the quantities exported of Kirkuk oil through Ceyhan port were 1 million and 109 thousand and 628 barrels.”


And she indicated that “the average price per barrel amounted to 95.120 dollars, pointing out that” the exported quantities were loaded by (32) international companies of several nationalities, from the ports of Basra, Khor al-Amaya, mono-buoys on the Gulf and the Turkish port of Ceyhan.



The Stability Of The Dollar Exchange Rates


Economie| 10:40 – 29/09/2022   Baghdad – Mawazine News   The dollar exchange rates witnessed stability, today, Thursday, on the local stock exchange.


And the selling prices of the dollar were recorded at 147,500 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147,400 dinars per 100 dollars. Ended 29 / m 99


Low Oil Prices


Economie| 09:29 – 29/09/2022   Mawazine News:  Oil prices fell slightly on Thursday, after rising more than $3 in the previous session, as the dollar rose to plug demand for oil from buyers using other currencies and concerns about the faltering economic outlook clouded market sentiment.


Brent crude futures fell 41 cents, or 0.5 percent, to $ 88.91 a barrel by 03:37 GMT, while US crude futures fell 35 cents, or 0.4 percent, to $ 81.80.


Both benchmarks had rebounded in the previous two sessions after reaching their lowest levels in nine months this week after a temporary drop in the dollar index and a larger-than-expected decline in US fuel stocks raised hopes of a recovery in consumer demand.


However, the dollar index headed higher again on Thursday, reducing investors’ appetite for risk and stoking fears of a global recession.


Goldman Sachs lowered its 2023 oil price forecast on Tuesday, citing expectations of weak demand and a stronger US dollar, but said disappointments in global supplies bolstered the long-term bullish outlook.


In China, the world’s largest importer of crude oil, travel during the week-long national holiday is set to reach its lowest level in years, as Beijing’s ongoing rules against the spread of the Corona virus push people to stay at home and economic problems dampen spending.


Citi economists lowered their forecast for China’s GDP from 5% on an annual basis to 4.6% for the fourth quarter of 2022.


On the other side of the world, the European Union has proposed a new round of sanctions against Russia over its invasion of Ukraine, including tighter trade restrictions, more individual blacklists and caps on oil prices for third countries.


But the 27 member states of the bloc will need to overcome their differences to implement it.




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