gold is rising

  • Time: 05/30/2022 10:46:15
  • Reading: 403 times
gold is rising

  {Economic: Al Furat News} Gold prices rose in volatile trading today, Monday, after being boosted by the decline in the dollar, despite the fact that some investors turned to high-risk assets in Asia, which limited these gains.

And gold rose in spot transactions 0.2 percent to $ 1856.86 an ounce at 0152 GMT. US futures rose 0.1 percent to $1,859.40 an ounce.

As for other precious metals, silver rose in spot transactions 0.1 percent to $22.13 an ounce, platinum rose 0.1 percent to $954.51 and palladium rose 0.8 percent to $2079.39.


The Iraqi parliament includes the emergency support law on the agenda of the Tuesday session

politicsIraqi parliamentFood Security Emergency Subsidy Law

 2022-05-30 15:21A-AA+

Shafaq News/ The Iraqi parliament has included the discussion of the emergency food security support law on the agenda for tomorrow’s session.

According to the one-paragraph agenda; That the Finance Committee will report and members of Parliament discuss the emergency support law.

On May 28, the leader of the Sadrist movement, Muqtada al-Sadr, called on the Iraqi parliament to expedite the vote on the emergency food security support law, stressing that the vote should be kept away from “partisan, sectarian and nationalist auctions.”

On Thursday, May 19, the House of Representatives completed the first reading of the proposed law on emergency support for food security and development.

On Wednesday, the 18th of the same month, the committee presented this proposal to the presidency of the Iraqi parliament as an alternative to the project submitted by the current caretaker government headed by Mustafa Al-Kazemi.

The law on emergency support for food security sparked controversy between deputies and political blocs and those interested in political affairs between supporters and opponents, before the Federal Supreme Court vetoed and invalidated the law because the current government is a government for the conduct of daily business and it is not within its powers to legislate laws, propose them or send them to the House of Representatives.

On Sunday, May 15, 2022, the Federal Supreme Court (the highest judicial authority in Iraq) decided to cancel the draft law on emergency support for food security and development based on a lawsuit filed by Representative Basem Khashan, while it indicated that Al-Kazemi’s government is a caretaker and is not entitled to send bills and hold contracts. Loans, appointment to senior state positions, exemption from them, or restructuring of ministries and departments.

An upcoming meeting of the Kurdish parties to come up with one candidate for the presidency

2022/05/30 12:26

  • number of readings 223
  • Section : Iraq

Baghdad / Obelisk: The Kurdistan Democratic Party announced, on Monday, May 30, 2022, an upcoming meeting that includes all Kurdish parties to decide a candidate for the presidency of the republic.

The party’s deputy, Shirwan Al-Dobardani, said, in a statement followed by the obelisk, that “the Democratic Party is still sticking to the candidate Reber Ahmed for the position of President of the Republic,” noting that “an expected meeting will be held soon between the two Kurdish parties and the rest of the other Kurdish political parties to come up with one candidate for the presidency.”

He added, “The Democratic Party does not want to marginalize any Kurdish political forces in Kurdistan,” noting that “administrative positions in Kurdistan have nothing to do with the position of the President of the Republic.”

And MP Al-Dobardani added, “The coming days will be the final outcome of the Kurdish dialogues.”