British minister in favor of: the need to strengthen economic and trade cooperation between the two countries

[Ayna-Baghdad]

President of the Republic Barham Salih received at his residence in Rome on Friday evening British Secretary of State for Near East and North Africa Alistair Burt.

“During the meeting, they discussed the latest developments in the region, Iraq’s regional role and its contribution to peace in the region, as well as its efforts to establish security in the country and reconstruction,” a presidential statement said.

President Saleh stressed “the importance of relations between Iraq and the United Kingdom, praising Britain’s role in supporting Iraq, especially in its war against terrorism.”

In turn, the British minister stressed the efforts of his country to develop its relations with Iraq, indicating the need to strengthen economic and trade cooperation between the two countries.

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Fit for UN envoy: We support a comprehensive solution to all the region’s problems

Editorial Date: 2018/11/23 23:37

The President of the Republic, Barham Salih, discussed at his residence in the Italian capital on Friday evening with the Special Envoy of the Secretary-General of the United Nations to Syria Stephane de Mistura on the sidelines of the Mediterranean Dialogue Conference in Rome, the latest developments in the situation in Syria and the role of Iraq and its regional impact Thus contributing to the consolidation of peace and stability in the region.

“The importance of concerted international and regional efforts to end the Syrian crisis and find a lasting and comprehensive solution to all the problems of the region,” President Saleh said during the meeting, according to a presidential statement received by the Euphrates News Agency, stressing that “stability in Syria will reflect stability in Iraq and the region” .

For his part, praised the UN envoy speech of the President of the Republic at the conference and call for stability and prosperity in the region, stressing the importance of Iraq’s role in the war against terrorism and address the terrorist.

http://alforatnews.com/modules/news/article.php?storytopic=36&storyid=180683

Tomorrow, the House of Representatives formed a fact-finding committee on the project of building the Central Bank

07:45 – 23/11/2018

BAGHDAD (

Reuters) – The House of Representatives announced on Friday its agenda for its 15th session scheduled for Saturday.

“The agenda of the session includes voting on the formation of a fact-finding committee on the project of the Central Bank building,” the media department said in a statement received by Mawazine News.

“It also includes a vote on the judges who are candidates for the Federal Court of Cassation and a general topic for discussion on camps for displaced people and cities that have been hit by the floods,” she said.

The meeting will begin at 1 pm

https://www.mawazin.net/Details.aspx?jimare=21444

Parliament discusses tomorrow the flood crisis and the project of building the Central Bank

 

Baghdad :

The Information Department of the House of Representatives on Friday, the agenda of the parliament for its next session to be held on Saturday, noting that the meeting will discuss the crisis in the floods experienced by some countries.

“A vote will be taken to form a fact-finding committee on the project of the Central Bank building, as well as a vote on the judges who are candidates for the Federal Court of Cassation,” the statement said.

She noted that “the session begins at 1 pm on Saturday (24 November 2018 ).”

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URGENT Oil drops again to its lowest level in more than a year

 

Editorial Date: 2018/11/23 19:05 • 228 times read
International oil prices fell to their lowest level in more than a year on Friday and are heading towards the biggest one-month drop since late 2014, while crude producers are considering cutting production in an effort to curb a growing surplus in world supply.
Oil supplies are growing more rapidly than demand and to avoid an increase in unused fuel stocks, similar to what happened in 2015. The Organization of the Petroleum Exporting Countries (OPEC) is expected to start cutting output after a planned meeting on December 6. 
But this has so far had little impact in support of prices, which have fallen more than 20 percent since the beginning of November, after seven consecutive weeks of losses. 
London Brent crude <LCOc1> fell $ 3.34, or 5.3 percent, to $ 58.57 a barrel, its lowest level since October 2017. 
Crude fell $ 4.03, or 7.4 percent, to $ 50.60 a barrel, also the weakest since October 2017, before recovering slightly $ 51.35

Mr. Sadr and Barzani discuss the need to promote stability (expanded)

 

Editorial Date: 2018/11/23 18:39 
(Baghdad: al-Furat News) The leader of the Sadrist movement, Mr. Moqtada al-Sadr, discussed with the President of the Kurdistan Democratic Party, Massoud Barzani, political developments.
“The meeting dealt with the political process and matters of interest to the country and the need to promote stability,” a statement from his office said. 
Barzani arrived in Najaf today to meet with Mr. Sadr at the end of his visit to Baghdad, which he visited yesterday and met with a group of leaders and officials and discussed with them to complete the cabinet cab and solve the problems of outstanding files between the center and the Kurdistan region.

Nusairi: We want a parliament and national media that does not take them in the right to a suitable nation

 

 money and business

Economy News Baghdad:

The economic and banking adviser of the Association of Iraqi Private Banks Samir Nusairi, said that the central bank and the banking sector played a key role in overcoming the economic and financial crisis, and support the state treasury and methods and procedures and new instruments in the applications of monetary policy. The criticisms and rumors and the new malicious campaigns will inevitably harm the national economy and the Iraqi banking sector because the policies and procedures adopted by the Central Bank during the past four years refute all the boycotts and the directions of the media outlets benefiting from the launch of the seven billion dinars dinar and the building of the Central Bank. ...

Al-Nusairi said in an interview with the Economic News Agency that “the Central Bank has been working mainly to combat money laundering and terrorism financing, strictly abide by international regulations, rules and standards, re-evaluate and classify banks in light of their compliance with compliance regulations, New in the proactive control internally and externally led to higher value and purchasing power of the Iraqi dinar against the exchange rate of the US dollar, “noting that” the most prominent reasons for the recovery of the Iraqi dinar is the plan and procedures of the Central Bank and cooperation of the banking sector with him and commitment to The instructions and standards issued by the Central Bank . “

“The Iraqi banking sector is the first major link in the economic circles of Iraq and occupies a fundamental and important aspect as the financial and investment sector, which is the main part of the financing and management of economies .”

He pointed out that “the Iraqi economy, and because of the circumstances experienced during the past four years of the fall of oil prices by a sudden 70%, the costs of the war on terrorism and the economic recession and the unstable business environment in Iraq, led to the passage of this sector with great challenges did not pass any sectors of banking In the whole region, “pointing out that” this sector, both government and private under the leadership of the Central Bank of Iraq has faced these challenges pilot experience must be followed because what has been achieved is a major development and victory can be called financial victory and economic steadfastness. ” Destruction that affects the relationship Our financial and international banking .

“We aim for the next five years in the sustainable development plan for the years 2018-2022 to achieve financial sustainability,” he said, pointing out that “the government and private banking sector plays a key role in achieving this .”

“The banking sector is composed of 73 banks, government, private and commercial

He said “developments in the banking sector indicate the efficiency of the performance of this sector trends that are reflected on the gross domestic product ” ,

He added that “the central bank’s policy has contributed to the payment of dues of farmers and contractors and played a key role in launching the initiative of financing small and medium enterprises and is currently on the establishment of a fund for joint funds to finance large projects, stressing that” the Central Bank to follow this step and bold to activate the economic cycle because These initiatives achieve two objectives: economic and social . “

He stressed that “the banking sector is part of the strategy of the Central Bank during the five years 2016-2020, which includes developments in the structural and evolutionary and in compliance with international standards in risk management, compliance and in combating money laundering and banking awareness,” pointing out that ” The Central Bank of Iraq is an international standard for the classification of banks with classifications a , b and c, which is in accordance with the international standards issued by the Financial Action Organization. All this helped Iraq move in light of the arrangement of this organization from the monitoring and auditing area to the normal follow-up area every two years .

http://economy-news.net/content.php?id=14471