Oil prices exceed 104 dollars a barrel

Economie| 09:38 – 24/02/2022

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Follow-up – Mawazine News
: Today, Thursday, oil prices witnessed a new rise, with the continuation of the Russian military operation against Ukraine.

Oil prices rose to more than 104 dollars per barrel, after they recorded this morning 101 dollars a barrel for the first time since 2014.

While the futures contracts for Nymex crude for April delivery recorded a rate of 4.46% to reach 96.21 dollars per barrel. Ended 29/N33

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The United Nations: The Decisions Of The Coming Days Will Determine The Fate Of The World

INTERNATIONAL

LAST UPDATE 02/24/2022 | 10:24 PM

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United Nations Secretary-General Antonio Guterres stressed today, Thursday, that the decisions of the coming days will determine the fate of the world.

Guterres said, in a speech on the Russian military operation in Ukraine, that “the decisions that will be taken in the coming days will determine the fate of the world.”

He added, “I appeal to Russian President Vladimir Putin once again to stop the military operation,” stressing that “Russia’s steps are not in line with the Charter of the United Nations.”

Guterres revealed that “the allocation of $ 20 million from the United Nations emergency fund for Ukraine.” finished 25

https://almaalomah.me/2022/02/24/584177/

Blackshart: The political parties must show a spirit of partnership and highlight the entitlement of the Iraqi people

  • Time: 02/24/2022 18:12:41
  • Reading: 793 times
Blackshart: The political parties must show a spirit of partnership and highlight the entitlement of the Iraqi people

  {International: Al Furat News} The UN representative in Iraq, Jeanine Plasschaert, today, Thursday, briefed the UN Security Council at the United Nations headquarters in New York on the situation in Iraq.

The useful summary.. In important news, you can find it on Al-Furat News Channel on Telegram.. To subscribe, click here

On the formation of the government, Blackshart said, “Many Iraqis are increasingly asking whether the national interest is really the “overriding concern” of the ongoing negotiations – rather than obtaining resources and power or how to share the cake of political appointments and ministries this time?

The priority should be to urgently agree on a program of work that promptly and meaningfully addresses Iraq’s long list of outstanding internal issues, and it is time to re-highlight who the people of Iraq deserve.”

On the impact of the political impasse in the formation of the government, Blackshart explained, “Hindering the change and reforms that the country badly needs, and the priority should be to urgently agree on a program of work that immediately and meaningfully addresses Iraq’s long list of outstanding internal issues. It is time to re-light the light on Who deserves it: the people of Iraq

Concerning the relations between Baghdad and Erbil, Plasschaert said, “It has become increasingly important to hold a dialogue of an institutional nature, and not controlling matters is a risky business that may lead to long-term consequences that undermine Iraq’s stability in the short and long term.”

She called on all concerned parties to “focus on the really important matters, and to unite instead of competing,” adding that “all efforts should be focused on resolving the outstanding issues, not by seizing power, but by working in a spirit of partnership and cooperation.”

She pointed out, “Environmental challenges represent an immediate threat that is often considered less urgent, but in the end it is one of the biggest global challenges that we face collectively, warning that” Iraqis acutely exposed to the effects of water scarcity due to climate change and the lack of water flow from its rivers. It is a threat multiplier, with increased risks of poverty, displacement, instability and conflict. Shared ownership of this critical file across the political spectrum will be a necessary issue.

On the economy, Blackshart emphasized, “Time is running out for Iraq, and as an Iraqi official told me some time ago, even if we start implementing the most urgent reforms the day before yesterday, it will take efforts beyond human capabilities to adequately address the financial, economic and environmental challenges today.”

Regarding the camps in northeastern Syria, Plasschaert declared, “They are like time bombs that have implications for the region and beyond, and keeping people indefinitely under restrictive and poor conditions in those camps ultimately leads to more protection and security risks than returning them in a disciplined manner.” .

We should not wait for young children to come of age in a camp like Al-Hol. These kids who live in harsh conditions never wanted to be part of this mess. However, they found themselves stripped of their rights. These children find themselves vulnerable to forced recruitment and violent extremism.”

“The fact that some of the fighters and their associated family members managed to escape suggests that it would be better to control the situation and manage returns, rather than risk losing track of them slipping – undetected – into any country,” she said.

Plasschaert concluded, briefing her on the file of missing Kuwaitis, third-country nationals, and missing Kuwaiti property, including the National Archives, that “the Iraqi government must use the experience gained so far and thus move towards the complete completion of this important humanitarian file.”

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Barzani sets October 1 as the date for the Kurdistan Parliament elections

2022/02/24 15:04

  • number of readings 100
  • Section : Iraq

Baghdad / Obelisk: On Thursday, February 24, 2022, the President of the Kurdistan Region, Nechirvan Barzani, issued an order specifying the date of the Kurdistan Parliament elections.

According to a decree issued by the Kurdistan Region Presidency, according to the Kurdistan Regional Government – Iraq Law of 2005, it was decided to select 1/10/2022 as the date for holding parliamentary elections in Kurdistan.

According to the decree, relevant authorities, such as Parliament, the government, and the Independent High Electoral Commission in the Kurdistan Region, should initiate the necessary procedures to conduct the process.

It is noteworthy that the head of the office of the Presidency of the Region, Fawzi Hariri, had said earlier that the proposal to set a date for holding the Kurdistan Parliament elections is ready and will be presented today to the President of the Kurdistan Region, Nechirvan Barzani, to issue a decision to that.

The legal period for the current session of the Kurdistan Parliament ends on June 11, 2022, and all parties demand that the elections be held on time in September of this year, but there is no final agreement in this context so far. 
 
Under the election law, the elections for the sixth session of the Kurdistan Parliament must be held on (September 30, 2022), and in the event that the parties reach an agreement on the elections, the Electoral Commission needs six months to prepare for the elections. Next March, otherwise the elections will not be held on time.

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Oil exceeds $ 105, gold jumps more than 3 percent

economybreakingoilgoldprices

 2022-02-24 05:37A-AA+

Shafaq News/ On Thursday, oil prices continued to rise, reaching more than 105 dollars per barrel, and gold prices rose by more than 3 percent after a Russian attack on Ukraine raised fears of a war in Europe that could disrupt global energy supplies.

Brent crude prices rose to $ 105.01 a barrel, the highest level since August 14, 2014, by 0.9:23 GMT, an increase of $ 8.40, or 8.47 percent.

West Texas Intermediate crude prices rose $7.48, or 6 percent, to $99.58 a barrel, the highest since August 11, 2014.

Oil prices have risen by more than $20 a barrel since the beginning of 2022 on fears that the United States and Europe will impose sanctions on the Russian energy sector and supply disruptions.

On the other hand, gold prices jumped more than 3 percent to the highest level in more than a year, as investors turned to safe havens after the start of the invasion of Ukraine by Russian forces, following orders from President Vladimir Putin to carry out what he described as a special military operation.

And gold rose in spot transactions 1.7 percent to $ 1971.97 an ounce, after reaching its highest level since January 2021 at $ 1948.77 an ounce.

And US gold futures rose 1.8 percent to $ 1970.90 an ounce.

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Cabinet Secretariat: Disruption of official working hours in Baghdad next Sunday

political| 01:28 – 24/02/2022

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Baghdad – Mawazine News
The General Secretariat of the Council of Ministers announced, on Thursday, the suspension of official working hours in the capital, Baghdad, next Sunday.

And the secretariat said in a statement received by Mawazine News, that “it was decided to suspend the official working hours on Sunday, corresponding to 27/2/2022, in ministries and state institutions in the capital, Baghdad only, on the occasion of the anniversary of the martyrdom of Imam Musa al-Kadhim (peace be upon him), with the exception of service and health departments. and security.” Ended 29/N33

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Minister of Finance: The white paper and its projects represent the main pillar of economic reform in Iraq

economyIraqMinister of Financewhite paper

 2022-02-24 04:15A-AA+

Shafaq News/ The Minister of Finance, Ali Abdul Amir Allawi, Deputy Chairman of the Supreme Committee for Economic Reform in Iraq considered today, Thursday, the plan for implementing the white paper “representing the main pillar of economic reform” in the country.

Allawi chaired a meeting that included the undersecretaries of the various ministries in charge of the White Paper projects, in addition to the reform cell team charged with following up on the implementation of those projects, according to a statement issued by the Ministry of Finance today.

The statement quoted Allawi as saying: The White Paper plan and its projects represent the main pillar of economic reform in Iraq, as despite it being primarily targeting government performance, its effects extend to the entire economy.

He also stressed that the white paper is a vision presented by the current government and started to implement it, and it represents a road map for implementing reform for future governments because of these projects of a purely professional economic nature, and there must be a clear will and vision to implement them.

During the meeting, the Minister of Finance indicated the need to show sufficient professional flexibility to implement these projects in coordination between the various ministries involved in the implementation.

The meeting witnessed access to the electronic program for measuring, evaluating and progressing performance for the levels of implementation of various projects after six months from the start of implementation, as the international support provided to Iraq for the implementation of these projects and the need for coordination between the various ministries, the reform cell and the international parties providing that support were discussed.

During the discussions, the Minister of Finance was briefed on the progress of performance and implementation of projects, and some obstacles and problems that may hinder or delay the progress of implementation were noted, whether they were financial, organizational or legal, and directed to address them and take measures to solve these problems and obstacles in the best and fastest way in order to reach the desired goals and achieve sound economic reform.

It is noteworthy that Prime Minister Mustafa Al-Kazemi announced on August 2, the launch of the economic reform plan within the white paper that he had previously announced as a program for his government’s work.

Al-Kazemi said at the time, in a statement received by Shafaq News Agency, “We strongly aspire to restore the country’s economy to its strength after the situation had reached very low levels as a result of rampant corruption. This plan would rebuild the Iraqi economy in a proper manner, achieving sustainable development for the country.”

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