The President of the Solution Party blesses the lifting of the embargo on Iraq and appreciates the role of the Minister of Youth and Sports

Sports

Baghdad / News

President of the solution party, Dr. Jamal Karbouli, on Tuesday, FIFA’s decision to lift the ban on Iraqi stadiums, praising the role of the Minister of Youth and Sports in this decision.

Karbouli’s office said in a statement received by Al-Akhbariya that the head of the dissolution party, Dr. Jamal Al-Karbouli, blessed the Iraqi people by lifting the ban on the Basra stadium and the participation of Iraq to play at home.

The Iraqi Football Federation (FFA) said that FIFA agreed to Iraq’s request for the World Cup in the southern city of Basra.

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Euro falls against dollar as Treasury yields rise amid talk of stimulus

Arabic and International

Economy News _ Baghdad

The euro hovered around its lowest level in two weeks against the US currency, which remained strong on Tuesday thanks to a slight rise in yields on US Treasuries while political uncertainty in Italy kept the single currency low.

US benchmark 10-year Treasury yields have risen from a three-year low, partly because Germany may abandon the principle of a balanced budget to boost spending, as well as more economic support.

The dollar index was steady at 98.385 after rising to a two-and-a-half week high of 98.40 earlier.

The euro also held steady at $ 1.1078, but not far from Friday’s low of $ 1.1066 on persistent concerns about political developments in Italy.

The strong dollar pushed the yuan to fall in foreign trade to touch a six-day low of 7.0770 yuan against the dollar earlier in the session.

Sterling fell 0.3 percent against the dollar to $ 1.2092 and the same rate against the euro to 91.55 pence in the latest trading.

http://economy-news.net/content.php?id=17513

The Minister of Electricity of Kurdistan shows the readiness of his ministry to cooperate with the Association of Iraqi private banks

Reconstruction and building

Economy News – Baghdad

The Minister of Electricity in the Kurdistan Regional Government Kamal Mohammed Saleh, on Tuesday, the readiness of his ministry to cooperate with the Association of Iraqi private banks in the region, pointing to the possibility of joint work between the two parties.

A delegation from the Association visited Mr. Kamal Mohammed Saleh – Minister of Electricity in the Kurdistan Regional Government, where the congratulations and congratulations of the President of the Association were conveyed to the receipt of the Minister of the post wishing him success and success .

The delegation was accompanied by Mr. Abed, Director General of the Central Bank of Erbil. One of the most important points discussed was the possibility of joint work with the Ministry through seminars, training courses and joint workshops .

The issue of joint committees between the public sector and the private sector, and the Minister expressed the readiness of the ministry to cooperate appraised the efforts of the Association of Iraqi private banks in the Kurdistan region.

http://economy-news.net/content.php?id=17516

Democrat: Baghdad is ready to agree with Erbil

Date of edit:: 2019/8/20 23:19

(Baghdad: Euphrates News) A member of the Kurdistan Democratic Party Sobhi al-Mandlawi, Baghdad’s readiness to agree with Erbil on the zeroing of crises.

“The Kurdistan Regional Government is working to resolve all disputes with Baghdad and reach the stage of zeroing crises,” he said.

He added that “the government of Adel Abdul Mahdi is ready to agree with Arbil as it is in the interest of all of Iraq.”

The President of the Kurdistan Region Nechirvan Barzani visited the capital Baghdad on his first visit outside the region after he took office officially, and met upon arrival to Prime Minister Adel Abdul Mahdi and held a meeting in the presence of a number of ministers from both sides.

Political sources confirmed that the visit comes to renew support for the confidence of Abdul-Mahdi, the head of the government of the region, and discuss the files of oil and gas and the continuation of sending salaries staff in the region, in addition to the status of Kirkuk.

It is hoped that a high-level delegation from the regional government will visit Baghdad in the coming days to reach a final agreement on the oil file and financial dues of the region.

By: Alaa Altaie

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Karbouli discusses with US Deputy Ambassador urging US companies to invest in Iraq

Baghdad / News

The deputy head of the Alliance of Iraqi Forces MP Mohammed al-Karbouli met on Tuesday with the new US deputy ambassador in Baghdad, Brian McViters.

According to a statement from the Karbouli office received a copy of it, the latter “offered at the beginning of the meeting congratulations to Mr. McFitters on his assumption of his duties in the US Embassy in Iraq,” hoping that “his mission will be strengthened for bridges and bonds of cooperation and coordination between Iraq and the United States.”

Karbouli reviewed “the latest developments in the political and security reality in Iraq,” stressing “the need for the United States to have a greater role in leading the coalition construction and reconstruction of Iraq and urged US investment companies to take advantage of investment opportunities in Iraq in general and cities free of terrorism in particular.”

He also praised the efforts of the US Mission in Iraq to support the Iraqi government, the military establishment, security forces and forces in defeating it and continuing its confrontation with the forces of terrorism, thus enhancing security and stability in Iraq and providing a sound investment environment.

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The KRG is counting on this delegation to resolve its problems with Baghdad

Tuesday, August 20, 2019 11:32 AM

The Kurdistan Regional Government (KRG) said on Tuesday that the region’s delegation, which will visit Baghdad, will be a top priority on the issue of the oil agreement, which lasted about 16 years.

The spokesman for the regional government, Gottiar Adel in a press statement, that “the delegation of the region, which will visit Baghdad will be a top priority issue of the oil agreement.”

He added, “Baghdad cuts the proportion of 250 thousand barrels of the budget allocated to the Kurdistan region is sent only the amount of 452 billion dinars per month.”

And Adel, that “the Kurdistan Regional Government has a full intention to solve the problems with Baghdad, including the delivery of 250 thousand barrels and resolve all financial assets permanently end the crisis of this file, which has been going on for 16 years.”

A Kurdish source told Mawazine News earlier that a high-level delegation including Peshmerga Minister Shoresh Ismail as well as Peshmerga officers and leaders will visit Baghdad in the next two days.

The source added that the visit comes for the purpose of meeting with the Ministry of Defense to discuss the file of salaries allocated to the Peshmerga, amounting to 68 billion dinars per month, after adding the salaries of the Peshmerga within the formations of the Ministry of Defense.

He stressed that the second file to be discussed is the reconfiguration of the joint operations room between the army and the Peshmerga to fill the security gaps in the areas of contact between the two forces in the disputed areas after increasing violations by ISIS.

The MP of the Patriotic Union of Kurdistan, Bakhtiar Shaways, earlier, the two most important files to be carried by the delegation of the Kurdistan Regional Government of Iraq to Baghdad, which will visit in the coming days.

Shaways said that “the delegation of the Kurdistan Regional Government, which will visit the capital Baghdad, in the coming days, will discuss two basic files, namely, the oil differences between Baghdad and Erbil, and the draft budget 2020.”

He added, “Work is continuing to calm and agreement and find an appropriate solution to these two files and other files, because the two parties agreed earlier to settle the differences rather than deepen.”

He continued: “In the coming days before us a round of negotiations and the Kurdish delegation will visit Baghdad in order to reach a solution to the differences, and I think that the views between the parties are close.”

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Iraq and Kuwait are demarcating the border oil areas

 

 Economical  23/12/2018  209

Iraq and Kuwait are demarcating the border oil areas
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Oil Minister Thamer Ghadhban announced that Baghdad and Kuwait reached during the recent meeting in Turkey to appoint a consultant to demarcate the border oil areas between the two countries.

Al-Ghadhban said in a press statement; on the sidelines of the meeting of oil ministers, “OAPEC” in Kuwait; “The consultant will study the two areas adjacent to the border between them;

The minister did not specify the name of the consulting firm;

Turning to efforts to stabilize oil markets; he said: “We believe that the decision (OPEC) and outside producers to reduce production by 1.2 million barrels per day, will adjust the market situation and withdraw most of the surplus.”

Crude oil prices are at their lowest level in more than a year, due to fears of oversupply, after the recent increase in production by major producers such as the United States, Russia, Saudi Arabia, Iraq and the UAE.

The 101st meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) kicked off in Kuwait.

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