Three drones were shot down inside the Green Zone, one of them by US missile defense strikes

securitybreakingAmerican embassydroneceram system 2021-07-05 17:28A-AA+

Shafaq News/ The C-RAM missile defense system managed to shoot down a drone that was flying around the American embassy in the Green Zone.

A security source told Shafaq News Agency, that the system detected three drones, after which they were activated automatically, and one of them was shot down inside the Green Zone after three bursts of the system’s cannon.

He added that the technical team at the American embassy was able to disable the other two marches after controlling their settings and landing them.

The C-RAM is an American system that is used to defend areas of great importance, from bombs, missiles and even mortars, by detonating them in the air using the M-61 Vulcan 20 mm hex-barrel rotary machine gun, capable of firing 4,500 rounds per minute with an effective range of 3,500 meters.

The US embassy has been in the crosshairs of repeated missile attacks since the beginning of last year 2020, and Washington accuses Iraqi factions linked to Iran of being behind these attacks.


Parliamentary Economy: Two steps will prevent the theft of about 4 billion dollars annually in Iraqmoney and business

Economy News _ Baghdad

On Monday, a member of the Economy Committee in the House of Representatives, Nada Shaker, revealed two steps that can be implemented at the border crossings that will ensure that revenues reach the state treasury without being stolen.

Shaker said in a press interview, “The Economic Committee provided many solutions and treatments for the government in order to control the revenues of the border crossings,” noting that “the percentage of lost revenue that goes to the pockets of the corrupt is estimated annually at more than 4 billion dollars.”

She added that “among those proposals is the automation of the outlets through a unified electronic system, as well as working to change the mechanisms used by the authority, because it facilitates the work of the corrupt and continues to steal public money.”

She explained that “complete control of the border crossings will ensure the arrival of more than 7 billion dollars annually to the state treasury, and perhaps much more than this number.”

The Central Bank of Iraq and Visa collaborate to provide digital payment solutions among consumers



Baghdad/ Al-Mawrid News 
Visa, the leading global digital payments company, announced its cooperation with the Central Bank of Iraq to raise awareness and provide digital payments among consumers in Baghdad.

This is considered a major effort to help Iraqi society understand the nature of the global economy based on digital payments, and to address common concerns and misconceptions among consumers about the benefits of digital payments compared to paying with cash.
The marketing campaign organized by Visa and the Central Bank of Iraq came under the slogan “What are you waiting for?” With the aim of encouraging people to use digital payments. The campaign highlighted the tangible benefits of digital payments compared to paying with cash, including safety, security and convenience, better spending tracking, as well as the global acceptance of digital payments at more than 70 million merchant sites when traveling abroad, or on e-commerce sites. Globalism.
in support of the marketing campaign organized by Visa and the Central Bank of Iraq; A local comedy group presented entertaining scenes about the additional benefits of using a Visa card, which helped to get people’s attention.

On this occasion, Duha Abdul Karim Muhammad, Director-General of the Payments Department at the Central Bank of Iraq, said: “Digital payments offer a set of many benefits, especially their pivotal role in laying the foundation for new experiences and business models that are an integral part of achieving the vision of the State of Iraq during this stage. Next, to achieve a diversified digital economy and increase global competitiveness.At the Central Bank of Iraq, we are pleased to work with Visa, as efforts resulting from such public-private sector collaboration help accelerate the Government of Iraq’s priority to promote inclusive, sustainable and equitable economic growth for the country’s entrepreneurs companies, and societies.
Mario Makari, Country Director of Visa, Lebanon and Iraq commented: “Our mission at Visa is to enable individuals, businesses, and economies to thrive and support small businesses while keeping pace and adapting work in a rapidly evolving world, and thus is one of our top priorities. With a large number of Iraqis moving to digital commerce, it is critical that we support all relevant communities with the resources and resources needed to support their digital transformation. We are pleased to partner with the Central Bank of Iraq on this important initiative to support the adoption of digital payments in the country.”

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Parliamentary Finance reveals the allocation of 5% of the oil surplus to the Petrodollar Fund

politicspetrodollarexcess oil 2021-07-05 09:45A-AA+

Shafaq News/ The Parliamentary Finance Committee revealed, on Monday, the allocation of 5% of the surplus oil prices specified in the budget law to the petrodollar project.

Committee member Sadiq Madloul told Shafaq News Agency, “The price of oil calculated in the general budget law is 45 dollars per barrel, but now the price of a barrel has reached 70 dollars, so 5% of the price difference has been allocated to the Petrodollar Fund project.”

He added that “the petrodollar fund is dedicated to the oil-producing governorates, and the remaining differences from the price specified in the budget law go to paying the fiscal deficit for the 2021 budget and the first and second borrowing for the year 2020”.

And he indicated, “The availability of financial liquidity will make us go to the supplementary budget to complete the dues allocated to the ministries and governorates according to the fiscal year.”

The US ambassador and Al-Araji discuss Al-Kazemi’s visit to Washington

2021/07/05 16:55

  • number of readings 17
  • Section : Iraq

Baghdad / Obelisk: The National Security Adviser, Qassem Al-Araji, received, Monday, July 5, 2021, the US Ambassador to Baghdad, Matthew Tueller.

Al-Araji discussed with the US ambassador the latest political and security developments in Iraq and the region, bilateral relations between Baghdad and Washington, and joint cooperation in areas that serve the two countries.

 The two sides discussed the upcoming visit of the Prime Minister, Mustafa Al-Kazemi, to the United States of America, the files that he will discuss with the American side, and ways to make this visit a success, in the mutual interest between the two countries.

And the National Security Adviser, Qassem Al-Araji, had revealed earlier that Prime Minister Mustafa Al-Kazemi would visit Washington, DC, soon.

Al-Araji said in a press statement that the Prime Minister will visit Washington, and during the visit an agreement will be made on the schedule of the US withdrawal from Iraq.


American organization: Kurdistan has become an oasis of peaceful coexistence in the region

Kurdistan womenKurdistan RegionMasrour Barzani 2021-07-05 08:09A-AA+

Shafaq News/ The American Charitable Organization (Samaritan Pierce) confirmed on Monday that Kurdistan Region has become an oasis of peaceful coexistence in the region.

A statement by the Kurdistan Regional Government, received by Shafaq News Agency, stated that “the President of the Kurdistan Regional Government, Masrour Barzani, received a delegation from the American relief charity Samaritan Organization (Samaritan Pierce), and expressed his sincere thanks to it for the support and relief and charitable work it provided in the Kurdistan Region in different periods.” .

The delegation provided an overview of the organization’s activities and charitable projects, especially relief and emergency works in the Kurdistan Region and the Nineveh Plains over the past years.

The delegation affirmed that “the relief organization will continue to implement its charitable projects in the Kurdistan Region, which has proudly become an oasis of peaceful coexistence in the region and a safe haven for the displaced and refugees.”

The international coalition reveals the details of the attack on Ain Al-Assad

political| 03:42 – 05/07/2021


Baghdad – Mawazine News
The international coalition revealed, on Monday, the details of the missile attack on Ain Al-Assad base, west of Anbar.
Coalition spokesman Wayne Moroto said in a tweet translated by Mawazine News that, “At approximately 2:45 pm local time, three missiles were fired at Ain Al-Asad Air Base.”
He added, “The missiles fell on the vicinity of the base, and there were no casualties, and the damages are being assessed.”

OPEC + meets again amid disagreement over production quotas

Arabic and international

Economy News _ Baghdad

 The 23 oil-exporting countries of the “OPEC +” alliance meet again today, Monday, to find a way out, after Friday’s failure to reach an agreement to determine production quotas, starting next August.

Talks between the OPEC countries and their allies outside the cartel will resume, a day after the UAE rejected a plan being negotiated as unfair, in an escalation of the dispute that could hinder the recovery of the crude market after the Covid-19 pandemic.

The proposed plan provides for an increase in oil production by 400,000 barrels per day every month from August to December, so that the additional amount of oil put on the market by the end of the year will reach two million barrels per day.

This is in line with the general strategy pursued by OPEC Plus since May, which is to gradually increase production after reducing it sharply with the massive decline in demand when the Corona virus began to spread.

To some extent, this strategy has been successful, as oil prices rebounded to about $75 a barrel for the two benchmarks, Brent North Sea and West Texas Intermediate, an increase of 50 percent since the beginning of the year, a level similar to what prices were in October 2018.

Although the countries seemed to agree to this proposal, it was the question of the extension that sparked a controversy.

billion dinars, the value of stock exchange trading during June 2021

stock market. “Economy News”Market

Economy News – Baghdad

The Iraq Stock Exchange organized 22 trading sessions during June of this year. 

During those sessions, 139 billion shares were traded, with a value of 133 billion dinars. 

During the month, 10,934 transactions were executed on the shares of 103 listed companies. 

The ISX60 price index closed at the last session of this month at 573 points, while it closed at 571 points in the last session, up by 0.44%.