Minister of Finance discusses with his Kuwaiti counterpart economic relations between the two countries


25-01-2019 07:30 PM


Finance Minister Fuad Hussein discussed Friday the sidelines of the World Economic Forum in Susira with his Kuwaiti counterpart   Nayef al-Hajaf bilateral relations between the two countries

“The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein in Switzerland, on the sidelines of the World Economic Forum in Davos City, Nayef Al-Hajraf, Kuwaiti Finance Minister,” said a statement by the minister’s office. The meeting reviewed the bilateral relations between the two countries and means of enhancing them. And development, especially in the economic field ‘.

“The two parties discussed how to deal with the outcome of the conference and the promises made to contribute and participate in the reconstruction and reconstruction of many Iraqi cities destroyed by terrorist gangs,” Hussein said.

The Kuwaiti minister explained ‘the proposed projects both on the level of investment or assistance from the State of Kuwait and the problems in the achievement of’.

He stressed that he will help expedite the completion of these projects and remove obstacles if any. He will follow up with local governments to turn these projects into reality. The two sides discussed the issue of customs tariff between the two parties and the necessity of standardizing customs duties.

“The two sides agreed to continue cooperation and communication in the interests of the two brotherly peoples.”,15700021,15700186,15700190,15700248&usg=ALkJrhgMnZRfavrTfM9ejT4WNwDGlq-UDQ

the Sadr Alliance answers 5 points on what raised on the proposal to end the security agreement, “Sofa”


Al-Sadr alliance answers 5 points on what raised on the proposal to end the security agreement, "Sofa"
 Twilight News    
 one hour ago

(Reuters) – The leader of Sadr’s coalition, backed by Shi’ite cleric Moqtada al-Sadr on Friday, has proposed a five-point proposal aimed at removing foreign forces from the country.

Al-Saadi said in a statement today that “the proposal to end the security agreement (Sofa), which we submitted to the Presidency of the House of Representatives raised a number of questions and the importance of the subject and its sensitivity we answer the following points in order to clarify things before the Iraqi people in general and in front of political and academic elites in particular.”

He added that “the issue of ending the effects left by the US occupation of Iraq after 2003 is a national task involving all Iraqis, both his position and not limited to the government or parliamentary aspect, although the procedures are legislated and implemented by the government as prescribed by the Constitution of the Republic of Iraq.

Al-Saadi went on to say that “we have submitted a proposal to end the (Sofa) agreement and cancel the third section of the strategic framework agreement signed between Iraq and the United States of America to regulate the process of US withdrawal from Iraq on the one hand and to regulate the process of military and security cooperation between Iraq and America.”

However, the third section was clearly clear of the duration of the Sufa Agreement, which was set for three years ending on 31/12/2011, but the third section of the Strategic Framework Agreement is subject to military and security cooperation in the Sufa Agreement. Regret that no one pays attention to it as the strategic framework agreement is not specified with a certain time to end it. “

“Based on what we see from the legal point of view and the inquiries we have made from senior security officials on this matter, the Sofa Agreement is renewed from time to time through the adoption of Section III of the Strategic Framework Agreement. (Section III of the framework), which some see as something (odd) that would overturn an agreement outside (their time frame). “

He pointed out that “the subject of foreign military advisers and trainers should be organized in a realistic manner according to the need of Iraq and this was the proposal we submitted to address this issue and organized it and gave the right to the government to assess the need and the House of Representatives the right to ratify it, because of this issue of prejudice to the sovereignty of the Iraqi state with the Alpat We are speaking in general about foreign military advisers and trainers, not just Americans. “

Al-Saadi said that “this subject is very important and sensitivity and the result of the great effects in the political scene, which needs time for the dismantling and termination of this proposal submitted to the presidency of the Council as a parliamentary (as members of the Iraqi Council of Representatives) and not any other attribute derived from the powers granted to us constitutionally and legally to provide The proposals of the laws and to allow the various parliamentary blocs to deliberate and debate during the second reading of the proposal in the Council as well as the political dialogues that accompany it.

The Saadi had announced earlier in the day about the submission of the alliance, “Asron” proposed a law for the presidency of the Iraqi Council of Representatives to terminate the security agreement with the United States of America.

Mr. Ammar al-Hakim told an American official: “We warn against complacency with terrorism and the need to be vigilant


Release date: 2019/1/25 18:47 
(Baghdad: Al-Furat News) The head of the Coalition for Reform and Reconstruction, Mr. Ammar al-Hakim, discussed with Deputy Assistant Secretary of State Andrew Beck, in the presence of US Ambassador to Baghdad Douglas Silliman, the latest developments in the political situation in Iraq and the region.
A statement of his office received the agency {Euphrates News} a copy of him that Mr. Ammar al-Hakim between the meeting, “the nature of the changes that have witnessed Iraq in the current stage in terms of forming the government and the assignment of an independent personality to manage and authorize him from some blocs to choose his ministers.” 
The two sides also discussed “the nature of the alliances formed away from sectarianism and the special addresses and the move towards the national address, we also pointed to the nature of institutionalization of large alliances and the importance of the stability of the political process.” 
He called for the use of the language of dialogue to solve problems in the region and stressed that Iraq is influential and affected and that the solution is political no matter how long the crisis and renewed our rejection of the policy of starving peoples through unilateral sanctions, which is a dangerous precedent in the file of international relations.
He also warned against “negligence with terrorism,” stressing “the need to pay attention to his attempts to prove his presence while we will call on the world to shoulder its responsibilities towards the security and stability of Iraq because that is the security and stability of the region and the world.”

A significant drop for the dollar in Baghdad today

Editorial Date: 2019/1/25 9:45

(Baghdad: Al-Furat News) Foreign exchange markets in Baghdad, on Friday morning, a significant decline in the exchange rate of the US dollar against the Iraqi dinar.

The market price in the Kifah Exchange in Baghdad was 1195.75 dinars per dollar, or 119 thousand and 575 dinars per hundred dollars.

The prices of selling and buying dollars in banking companies, were:

the sale price of one dollar 1200 dinars, or 120 thousand dinars for one hundred dollars.

The purchase price of the dollar is 1190 dinars, or 119 thousand dinars for one hundred dollars.

Prices of foreign, gold, oil , currency, {even the preparation of this news}:

Euro Global Price: 100 EUR = 113.22 USD

GBP Global Price: 100 pounds = 131.24 dollars

Turkish Lira world price: $ 100 = 527.10 Turkish Lira

price of an ounce global gold = 1282.87 dollar

price Brent crude oil = $

61.73 The price of a barrel of US crude oil = $ 53.85

Naseef calls on Abdul-Mahdi to cancel the previous government’s decision to ban the importation of American incoming cars

10:29 – 25/01/2019

Baghdad – Mawazine News

A member of the House of Representatives, Alia Nassif, Friday, the Prime Minister, Adel Abdul-Mahdi, backtracking on the decision to prevent the import of cars imported American and Canadian, which was issued in the time of the previous government.

Nassif said in a statement received by Mawazine News: “We have previously called on the previous government to back down on this decision and warned against restricting the importation of American cars in the hands of specific companies and allowing them to monopolize and prevent imports by other companies and individuals, Unfortunately, despite the many complaints from the affected segments. ”

“This decision cuts off the livelihood of hundreds of families whose sons work in repairing and rehabilitating these cars and even owners of shops that sell spare parts and spare tools,” she said, pointing out that “the negative aspects of this decision are more than the positives. In addition, the monopoly companies will control the prices These cars as you like. ”

She explained that “the response of the current government to what is published in the media and its interaction with citizens’ complaints, made us renew our demand to cancel this decision and avoid its repercussions and the resulting damage to a large segment of citizens.”

Oil rises to $ 61 a barrel

25-01-2019 10:35 AM

Agency of the orbit –


Trading data showed that global oil prices rose on Friday morning, maintaining their positive development over the previous day, against the background of the political situation in Venezuela and the risks related to the possibility of the United States to impose oil sanctions on this country.

After the start of the crisis in Venezuela, the price of the March North Sea crude oil futures contract (Brent) rose 1.1 percent to $ 61.76 a barrel, according to MarketWatch, a specialist in the economy and oil prices.

WTI futures for March delivery rose 1.26 percent to $ 53.8 a barrel.,15700022,15700124,15700126,15700186,15700190,15700201,15700237,15700242,15700248&usg=ALkJrhh4cTIm2yehQBs-UDebcsykyR-R3A

global concerns raise the price of gold

Twilight News

16 minutes ago

NEW YORK (Reuters) – Gold prices rose on Friday amid fears of a long US government shutdown as the global economy is already slowing, while markets also await US-China trade talks scheduled for next week.

Gold rose 0.2 percent in spot trade to $ 1282.49 an ounce by 0539 GMT, while in US futures futures it rose by as much as $ 1281.80 an ounce.

Investors are concerned about the economic impact of the longest-term government closure in US history, which has now entered its 34th day, according to Reuters.

Meanwhile, the dollar index, which tracks the performance of the greenback against a basket of currencies, fell 0.2 percent.

Among other precious metals, palladium stabilized at $ 1320.50 an ounce on Friday. The metal hit a record high of $ 1434.50 an ounce last week due to supply shortages and rising demand.

Silver stood at $ 15.32 an ounce, while platinum rose 0.1 percent to $ 802 an ounce.