KTFA: Samson: Al-Rasheed Bank will close its doors tomorrow, Sunday.. for this reason
07/02/2022 13:40:32
Al-Rasheed Bank announced the closure of its doors on Sunday, for the purposes of the semi-annual application.
And the media office of the bank stated, in a statement that {Al-Furat News} received a copy of it, that “the conduct of banking transactions for customers will be stopped with the continuation of the normal working hours for all branch employees, and work will be resumed on the second day.” LINK
Clare: Cabinet sets Eid al-Adha holiday
07/02/2022 21:47:55
The Presidency of the Council of Ministers decided, for Saturday, to suspend official working hours next week on the occasion of the Eid al-Adha holiday.
The secretariat’s media stated, in a statement received by {Euphrates News} that “the Prime Minister, Mustafa Al-Kazemi, directed during the regular session of the Council of Ministers, the twenty-fifth, held on 2/7/2022, the following:
The Eid al-Adha holiday begins on Saturday, corresponding to 9/7/2022, and ends on Thursday, corresponding to 7/14/2022, associated with the founding of the Republic of Iraq, provided that official working hours in all government institutions will resume on Sunday. LINK
************
Samson: Deputy: Launching the electronic form for 1,000 contracts in the coming days
2nd July, 2022
Representative of the Al-Fateh Alliance, Suhaila Al-Sultani, confirmed, on Saturday, that in the coming days, the electronic form for 1,000 job grades, which was allocated in the Food Security Law for each governorate, will be launched in the coming days.
Al-Sultani said, “The new mechanism approved in the application will be far from nepotism and affiliation, and it will take into account several basic points to ensure that those entitled to receive job grades,” explaining that “the job grade will be in the form of an operational contract for three years with a salary of 300,000 Iraqi dinars.”
Al-Sultani added, “The differentiation points will be according to the year of graduation and specialization, the married and the families, the families of martyrs, and the daily wages,” stressing that “the application and acceptance will be electronic and the test will be done according to the points that the person collects in the comparison.”
The House of Representatives voted, earlier, on the proposed law on emergency support for food security and development, while the Parliamentary Finance Committee indicated that the law included the allocation of 15,000 new contracts for bachelor graduates for three years and a salary of 300,000 dinars, provided that these contracts are distributed among 15 governorates. LINK
************
Samson: Al-Zamili to Al-Sadr: We are committed to supporting your reform process
2nd July, 2022
My master, Muqtada al-Sadr, we will not tell you, as the Children of Israel said to Moses: (So go, you and your Lord, and fight, for we are sitting here).
We pledge to you today as we pledged to you yesterday, we will be supportive and obedient to your directives, and to your constants in which all is good for the good of the country.
With you, you who have proven that leadership is not by abandoning people, and that the reform project is a great national responsibility that needs to be confronted and sacrificed, and you are worthy of it.
O Nasser Al-Khair, we assure you of our full commitment to support your reform process that you are leading with the aim of ridding the country of the clutches of corruption and spoilers, wherever they are.
#with you with your enemy
Mr. Hakim Al-Zamili
7/22/22 LINK
Samson: Ministry of Oil: $11.5 billion in revenues last June
07/01/2022 22:24:42
The Ministry of Oil announced the total exports and revenues achieved for the month of last June, according to the preliminary statistics issued by the Iraqi Oil Marketing Company {SOMO}.
A statement by the Ministry, of which Al-Furat News Agency received a copy, stated that “the total amount of crude oil exports amounted to (101) million (191) thousand and (236) barrels, with revenues amounting to (11.505) billion dollars.
The statistics indicated that “the total quantities exported of crude oil for the month of June from oil fields in central and southern Iraq amounted to (97) million (980) thousand and (589) barrels, while from Kirkuk fields through the port of Ceyhan, the exported quantities amounted to (2) One million (910) thousand and (887) barrels.
She pointed out that “the average daily quantities amounted to (3) million and (373) thousand barrels per day, and the average price per barrel amounted to more than (113.70) dollars.” LINK
************
Samson: A “catastrophic scenario” .. global oil prices may reach $ 380 a barrel
2nd July, 2022
Analysts of the famous investment bank, JPMorgan, warned of what it described as a “catastrophic scenario” in which global oil prices could reach $380 a barrel if US and European sanctions push Russia to “implement retaliatory cuts in crude production
The Group of Seven is working on a complex mechanism to limit the price of Russian oil in an attempt to tighten the screws on the high revenues that Moscow achieves in conjunction with its military operation to protect Donbass however, US bank analysts said: “Given Moscow’s strong financial position, the nation could cut daily crude production by 5 million barrels without excessively hurting the economy
In this case, for most of the world, the results could be catastrophic, as reducing daily supplies by 3 million barrels would raise the prices of the benchmark “Brent” crude to $190, while the worst-case scenario of 5 million barrels could mean $380 per barrel, according to Analysts
“The most obvious and likely risk with a price cap (for Russian oil) is that Russia may choose not to participate and instead retaliate by cutting exports,” the analysts wrote.
The bank’s analysts added that the Russian government is likely to “retaliate” by cutting production as a way to harm the West, noting that pressures in the global oil market are currently “in Russia’s favor
On Thursday, Russian Deputy Prime Minister Alexander Novak considered that the West’s idea of capping the price of Russian oil is another political decision that will lead to market disruption and increase prices
Novak said that “one example of such policy decisions that harm consumers in Europe could be the ban on Russian coal, where the European Union’s decision, in the end, led to a rise in coal prices, because against the background of the increased use of coal plants, there was a shortage of raw material itself in the market LINK
