Trump announces withdrawal of the nuclear agreement and sign a memorandum to impose sanctions on Iran (expanded)


Editorial Date: 2018/5/8 21:50 • 28 times scheduled
US President Donald Trump announced his country’s withdrawal from Iran’s nuclear deal and signed a presidential decree today to begin imposing sanctions on the Iranian regime. Economic sanctions will be at their highest level.
Trump said the nuclear deal allowed Tehran to continue enriching uranium and reaching the brink of possessing a nuclear weapon.
“This disastrous agreement gave the Iranian regime millions of dollars,” he said. “If this agreement is allowed to continue, there will be a nuclear arms race in the Middle East.”
He said Israel had published conclusive evidence to prove that the Iranian regime had sought to acquire a nuclear weapon. “Today we have unequivocal evidence that Tehran’s promises to suspend uranium enrichment were false,” he said.
After recent consultations with America’s allies, he said, “we have shown that we will not be able to prevent Iran from acquiring nuclear weapons.”

Ministry of Labor and Social Affairs

Kurdistan distributes the salaries of 11 ministries and bodies
 Twilight News    
 20 minutes ago

The Ministry of Finance and Economy in the Kurdistan Regional Government, on Tuesday, a new schedule for the distribution of salaries, according to the schedule will receive 11 ministries and the body of salaries on Wednesday.

The ministry issued on Tuesday, a schedule for the distribution of salaries last February, in which the ministries and the following bodies to distribute salaries to its employees according to this schedule:

Ministry of Agriculture and Water Resources

The Ministry of Labour and Social Affairs

People with special needs

Office of Financial Supervision

Human Rights Commission

Kurdistan Region Authority outside the administration of the region

Environmental Protection and Repair Authority

Investment Authority

Integrity Commission

Independent High Electoral Commission

Landmines Authority

The Ministry of Finance and Economy in the provincial government has announced last week, an expanded schedule of salaries received by most ministries and agencies salaries until Thursday.

Washington withdraw from the Iranian nuclear agreement: We will impose sanctions on Tehran

Washington to withdraw from Iran's nuclear deal: We will impose sanctions on Tehran
 16 minutes ago

US President Donald Trump announced on Tuesday his country’s withdrawal from Iran’s nuclear deal.

“The nuclear deal did not affect the regime’s behavior and allowed it to develop its nuclear program,” Trump said in a televised address.

He said Washington was officially announcing its withdrawal from the Iranian nuclear deal, adding that Iran’s future was the property of his people.

He noted that “the Iranian regime has received many billions, and promises made by a false, and will continue his efforts to obtain nuclear weapons.”

“The nuclear agreement does not limit Iran’s terrorist activities and allows it to carry nuclear weapons in the future,” Trump said, adding that terrorism in the Middle East should be stopped.

He pointed out that “the Iranian regime funds the militias, such as Hezbollah, the Taliban and al Qaeda.”

Following his speech, Trump signed the decision to withdraw the United States from Iran’s nuclear deal.

PM Barzani, Russia’s Putin to Meet in Moscow


PM Barzani, Russia's Putin to Meet in Moscow

ERBIL – Kurdistan Region PM Nechrivan Barzani will meet Russian President Vladimir Putin in Moscow on Wednesday to discuss bilateral ties between the sides.

Kurdistan Regional Government (KRG) Spokesperson Safin Dizayi who will also travel along with the top Kurdish official, told BasNews that Barzani will also attend the 2018 Moscow Victory Day Parade that will take place in Red Square in Moscow on Wednesday.

On the annual anniversary of Moscow Victory Parade, Russia remembers the capitulation of Nazi Germany in 1945.

Khandan reveals information on the new payroll schedule

– 5/8/2018 1:52:00 AM568 Number of readings


Khandan –

A new table for the distribution of salaries will not be announced until the elections of the Iraqi Council of Representatives, scheduled for May 12, a source in the Ministry of Finance announced on Tuesday.

The source said in a statement to “Khandan”, that the Ministry of Finance will announce a new schedule for the distribution of salaries of staff of the region, following the elections to be held on May 12.

The source explained that the new schedule will include the dates of payment of salaries of the ministries of the Peshmerga and the Interior and all security services in addition to ministries and agencies that did not receive salaries.

World Bank: Iraq’s population is 38.5, GDP is US $ 197.7 billion, poverty line is 17.9%

08-05-2018 02:17 PM

The Euphrates –

The World Bank published its forecasts and estimates for the Iraqi economy during 2018, where positive indicators overshadowed the scene despite warnings of the fragility of the situation due to the dangers of the Iraqi situation.

Iraq has a population of 38.5 and a gross domestic product of 197.7 billion dollars, poverty rate according to the poverty line set at $ 3.2 per day is 17.9%, while the rate of $ 5.5 per day income to 57.3 dollars, but the national poverty line was set at 22.5%. While the average age in Iraq is 69.6.

The report predicts an acceleration in the growth of the Iraqi economy by improving the security situation as it recorded 4.4% in the non-oil sector in 2017, despite the slow reconstruction activities due to the repercussions of the war and low oil prices, amid hopes to reform the structure of the economy and address the problem of displacement where 10% Of Iraqis suffer from displacement.

He estimated Iraq’s reconstruction needs at $ 88 billion. However, the positive indicators showed the situation slightly, according to the report. Inflation recorded a low rate of 0.1% in 2017 and total budget deficit decreased to 2.2% last year.

The improvement in financial output helped stabilize public debt in 2017 following an increase in borrowing and debt guarantees. The debt ratio, for example, stabilized in 2016, for example, at 64 percent. Foreign exchange reserves began to rise in 2017 to cope with external shocks.

The labor market statistics indicate a further deterioration in the poverty situation, where the rate of participation of youth between 15-24 years has decreased significantly and the unemployment rate has doubled in the provinces affected by violence related to displacement and displacement, where 21% compared to the rest of the provinces 11%.

The World Bank expects Iraq’s growth prospects to improve due to a favorable security environment and gradual recovery of reconstruction investment amid forecasts of GDP growth despite an OPEC cut-off agreement that obligates Iraq to commit.

Threats to growth in Iraq include the possibility of heightened political tensions and the possibility of terrorist attacks that could compromise future prospects over the medium term. In the long term, there are risks looming like oil price volatility, failure to improve the security environment, The reform of public finances, the containment of current expenditures, the lack of priority for investment in reconstruction, and the public debt remains vulnerable to the shock of a decline in oil prices or a decline in the real exchange rate of the dinar.

The Central Bank decides to open a window to sell foreign currency in Dar es Salaam Bank

Logo of the Central Bank of Iraq

Economy News Baghdad:

The Central Bank of Iraq decided to open a window in Dar es Salaam Investment Bank to sell foreign currency for purposes of imports from abroad.

The central bank said in a statement to the public site by Deputy Governor Munther Sheikli and briefed by “Economy News”, “For the purpose of opening a window to sell foreign currency for purposes of imports from abroad, the Central Bank decided to open a window through the Dar es Salaam Investment Bank (under trusteeship) To submit applications for the purchase of the dollar for the above purpose to go to the bank referred to submit your requests at a reduced rate.