Abadi promises the Iraqi people: We will achieve reconstruction in record time


Release date: 2018/4/20 14:06 • 371 times read
Prime Minister Haider al-Abbadi promised the Iraqi people that Iraq’s reconstruction campaign would be “on record”.
“The second victory will be achieved by reconstruction, construction, services, investment, job creation and economic welfare, and there are those who say that it will take a long time, but it is going to happen,” Abadi said during a gathering of tribes and clans in the province of Maysan. They said that our war on the preacher will be long and we have won by a record time, we will achieve the second victory also record. ”
“In the reconstruction campaign there is one enemy, corruption, we must unite in the campaign of reconstruction and fighting corruption,” Abbadi said, adding that “the corrupt people who were terrifying people are terrified.”
“We will continue to pursue gangs that support and crush terrorists,” he said, adding that “yesterday we were ordered to defeat our air forces by launching an air strike in Syria against terrorist gangs.”
He pointed out that “Iraq is leading the campaign against terrorism in the world, and he achieved a miracle by all standards, victory over the urging of a period of time did not expect everyone.”
Al-Abbadi added that “Iraq was in danger of my presence and was able to address and triumph. This victory was not without cost because we paid the cost, where we provided victims when entering the Daash and made sacrifices in the liberation.”
“We want to complete the path of victory,” he said. “But calls for the partition of the country have emerged, but Iraq is stronger and more united than before.”

Iraq resumes paying compensation for Saddam Hussein’s invasion of Kuwait and that is the amount

Twilight News

53 minutes ago

The Iraqi authorities have resumed paying compensation to Kuwait because of former President Saddam Hussein’s 1990 invasion of Iraq, with $ 90 million approved on Friday.

The first installment approved by the United Nations Compensation Commission since 2014 when payments were suspended after extremists took control of large areas of Iraq.

The Security Council approved the formation of the commission in 1991, the year in which the US-led coalition forces pushed Saddam Hussein’s forces out of Kuwait.

The Committee decided that Baghdad would pay $ 52.4 billion in compensation to individuals, corporations, government organizations and others who suffered losses directly resulting from the invasion and occupation of Kuwait.

The source of the funds is a tax imposed on sales of oil and Iraqi oil derivatives.

With the payment approved on Friday, the Commission paid a total of $ 47.9 billion to some 1.5 million complainants.

Until it stops paying in 2014, Iraq has agreed to impose the tax, but some still wonder if this is fair for a country struggling to rebuild it after Saddam Hussein was toppled in a 2003 invasion.



Oil is at its highest price in four years and Saudi Arabia wants $ 100 a barrel

Arab and international

Economy News _ Baghdad

A number of British newspapers published reports on Friday that oil prices rose to their highest level since 2014, accompanied by higher prices for other metals, such as aluminum and nickel.

“Oil Pressure: Crude Prices Reach Their Highest Level in Four Years,” the Financial Times wrote in its front page.

The newspaper said that the rise in crude oil prices to more than $ 74 a barrel pushed energy companies to the forefront of global stock indices.

The increase in oil production in the Organization of Petroleum Exporting Countries (OPEC) and Russia over the past 16 months has been accompanied by heightened fears over the effects of Venezuela’s economic crisis and the threat of new US sanctions on Iran.

Brent crude has risen almost 8 percent this year, the paper said.

In the same context, the Daily Telegraph published a report entitled “Oil and metal prices rise after fears of sanctions.”

The paper points to the rise in aluminum prices in the world markets, which are subject to vibrations due to US sanctions on Russia and the escalating trade dispute between the United States and China.

Aluminum prices on London’s metal exchange rose 6 percent to $ 2,337 a tonne, the newspaper said.

The lightweight metal has risen 22 percent since the start of the month after US sanctions on a number of Russian companies, which has reduced the ability of one of the largest aluminum producers in the world (Russian company Rosal) to trade in production in the world markets.

Saudi speculation and Trump penalties

The paper also published an analysis by Andy Crichlow, who said that Saudi Arabia’s desire for oil prices to reach $ 100 a barrel raises the risk of speculation in world markets.
The writer says that Saudi Arabia needs such a high price to cover the expenses of economic reforms and the war in Yemen, but “this strategy brings great risks to the markets that prepare,” as he put it.

The writer attributed the reasons for the rise in prices to the unprecedented cooperation between Saudi Arabia and Russia, as well as the group of other oil producing countries, which has cut global crude supplies to 1.8 million bpd since January.

Russia also believes that a price of more than $ 100 a barrel is necessary to counter its economic malaise and to avoid a slow and painful economic bottleneck caused by economic sanctions imposed by the West.

The writer speaks of the fear of Western countries of this congruence of interests between Saudi Arabia and Russia, pointing out that, despite the expectations of many experts on the lack of continuity of the alliance between the two oil giants in the light of the failure of previous experiments, their cooperation seemed continuous despite the completion of the task of reducing production and raise Oil prices.

He sees this as a warning of a new “indefinite energy alliance” that controls almost half of the world’s oil supply, which will bring oil back to more than $ 100 a barrel, which will serve the interests of both sides.

The Guardian published another analysis by Nick Fletcher entitled “Trump sanctions encouraged high oil and mineral prices”.

The writer attributed the reasons for rising prices to OPEC steps to reduce oil production and its agreement with Russia in this regard to protect oil prices.

He believes this has happened even though US oil production threatens to undermine this strategy between OPEC and Russia.

It also reverts to the sudden drop in US oil inventories this week, accompanied by concerns about oil supplies from the Middle East after the military strikes by the United States, Britain and France in Syria.

The report also suggests that the United States is expected to return sanctions next month to Iran, OPEC’s third largest oil producer, over its nuclear program.

Even if Iran is able to evade new sanctions, US President Donald Trump’s move to impose tariffs on iron and aluminum imports and more than 1,300 Chinese goods has raised concerns about a global trade war and its actions against Russian miners and sanctions. Imposed earlier this month by many Russian companies, will continue to have the greatest impact on the rise in oil, nickel and aluminum prices.


Paying the Peshmerga next week

– 4/20/2018 11:22:00 AM .

405 Number of readings

Khandan –

The Peshmerga Affairs Committee in the Parliament of Kurdistan announced that the distribution of salaries of the Peshmerga Ministry will begin on Monday and Tuesday of next week, while it showed that part of the salaries of this ministry will be paid according to the old savings system and the other section according to the new saving system.

Shelan Jaafar, head of the Peshmerga Committee in the Parliament of Kurdistan, “Khandan”, will be direct distribution of salaries of the Ministry of Peshmerga, next week.

She added that the salaries of the defense forces, emergency and Zirvani, will be disbursed according to the new salary savings system.

She pointed out that the salaries of the forces (70 and 80) of the Ministry of Peshmerga, will be paid according to the old savings system.


Abadi among the 100 most influential figures in the world is classified as “Time” America

Twilight News

6 hours ago

The list included artists, athletes, activists and politicians. Abbadi was among the “leaders,” including US President Donald Trump and Saudi Crown Prince Mohammed bin Salmani, who are among the most influential figures in the world. And Korean President Kim Jun-on.

Time wrote a report on Abadi and faced great difficulties when he took over the post of prime minister in September 2014, which was the occupation of three provinces and large areas of Iraq, and how managed after 3 years to expel militants and liberate the cities.