Russia looks forward to strengthening security and economic cooperation with Iraq

Release date: 2018/12/24 18:13

Baghdad: Russian Ambassador Maxim Maximov, President of the Republic, Barham Saleh, said his government is keen to strengthen security and economic cooperation with Iraq.

“Saleh, during a reception at the Peace Palace in Baghdad on Monday evening, the Ambassador of the Russian Federation to Iraq Maxim Maximo, stressed the need to support the efforts of peaceful solution to end the vicious spiral of violence, Intensify work to bring peace and stability to the region. ”

“The importance of the historical relations between the two friendly countries in the security, military and economic fields, and the need to work to strengthen these relations to include all areas,” he said.

For his part, the Russian ambassador expressed his country’s desire to “enhance security and economic cooperation with Iraq.”

URGENT Cabinet decides to disrupt official day of tomorrow

Editorial date: 2018/12/24 17:16 
(Baghdad: Al-Furat News) The Cabinet decided to disrupt the official working day of Tuesday on the occasion of the birthday of Jesus Christ.
He also decided to adopt a draft as a public holiday annually. 
The cabinet also decided that “the holiday will be for the 25 and 26 December 2018 for the Christians.”


Abdul Mahdi: We expect senior officials to visit Iraq soon

Policy    24/12/2018 16:53  100

Baghdad today – Baghdad

He added: “We discussed in the meeting of the Council of Ministers today the reality of service in Baghdad and other cities, and demanded the ministers and governors to be on the ground and follow-up projects themselves.”

Oil rises amidst signs of curbing US production



Economy News – Baghdad

Oil markets rose on Monday on signs that recent price declines could start curbing supply to the United States, now the biggest crude producer, despite continued pressure from concerns about the global economy.

London Brent crude <CLc1> was up 30 cents, or 0.56 percent, at $ 54.12 a barrel by 0744 GMT, after jumping to $ 54.66 a barrel.

US WTI crude futures rose 15 cents, or 0.33 percent, to $ 45.74 a barrel. Crude was up to $ 46.24 earlier.

Crude prices recovered from recent sharp declines, with Brent falling 11 percent over the week to its lowest level since September 2017 on Friday, and US crude fell 11 percent last week, its weakest weekly performance since January 2016.

The benchmark crude fell more than 35 percent from its peak in early October.

The fall in prices prompted US rock producers to cut back on their drilling plans next year.

The surge in US rock production supported the country to rank first among the world’s oil producers, ahead of Saudi Arabia and Russia.

The macroeconomic picture and its impact on oil demand continue to put pressure on prices. Global stock markets fell amid fears of a slowdown in trade flows, especially in the shadow of the US-China trade war, the world’s two biggest economies.

Despite signs of a slowdown in US supplies, global production is still outpacing demand.

The Organization of the Petroleum Exporting Countries (OPEC) and Russia agreed earlier this month to cut output by 1.2 million bpd starting in January to curb supply.

UAE Energy Minister Suhail al-Mazroui said on Sunday that OPEC and its allies would hold an extraordinary meeting if the cuts did not stop to balance the market.

Al-Mazroui said that the OPEC Joint Control Committee and independent producers would meet in Baku in Azerbaijan in late February or early March.

Concerns over supply overshadowed a report by Baker Hughes Energy Services, which showed a rise in the number of oil drilling platforms operating in the United States by 10 platforms in the week ending December 21 to 883 digg

Iraq reveals the truth of his agreement to enter Syrian territory


Iraq reveals the truth of its agreement to enter Syrian territory
 Twilight News    
 35 minutes ago

The Iraqi security media center on Monday issued an explanation on the fact that Iraq has agreed to enter Syrian territory.

“The Joint Operations Command denies what some media outlets have discussed about the existence of an agreement or negotiations on allowing the Iraqi armed forces to enter about 70 kilometers in Syrian territory,” the center said in a statement.

“The Iraqi forces are ready to confront any infiltration attempts, and our forces fully secure the Iraqi-Syrian border,” the statement said, calling on the media to “not promote false news and rely on official bodies authorized to do so.”

Cabinet sends the final version of the budget to parliament

Journal News

The Cabinet on Monday referred to the House of Representatives a final modified version of the draft federal budget bill for fiscal year 2019.

According to a statement issued by the Cabinet Secretariat, the transferred version is the final version of the bill, which will be adopted instead of the previous version sent by Council Resolution No. 400 of 2018.

The Cabinet had previously appointed a committee headed by the Minister of Finance and the membership of the gentlemen, Undersecretary of the Ministry of Finance Agency, Undersecretary of the Ministry of Planning for Administrative Affairs Agency, Undersecretary of the Ministry of Health for Technical Affairs Agency, The Director of the Legal Department of the General Secretariat of the Council of Ministers, the Director General of the Budget Department of the Ministry of Finance, the Director General of the Department of Government Investment Programs in the Ministry of Planning, the Director General of the Economic and Financial Department of the Ministry of Oil, The Director General of the Administrative and Financial Department of the Ministry of Electricity, the Director General of the Administrative and Financial Department of the Ministry of Commerce and the Director General of the Administrative and Financial Department of the Ministry of Industry and Minerals to review and amend the provisions of the draft budget 2019.

Under the supervision of the Minister of Finance, the head of the Secretariat of the Supreme Commission for Coordination between the provinces and the representative of the government in the House of Representatives Turhan the appearance of coordination with the representative of the Kurdistan Regional Government of Iraq, and representatives of local governments, on the submission of their comments on the draft law mentioned and communicate with the Committee to consolidate these observations.

The Committee was then empowered to review the provisions of the draft budget 2019 and make amendments to it and then submitted to the Prime Minister for decision.

The amendment of the paragraphs of the budget law in line with the directions of the government and the current situation, and serve the segments and governorates of Iraq all.