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Bondlady’s Corner

February 4, 2022
in Dinar Guru

TLM724 Administrator BondLady’s Corner

Slight Increase In Global Oil Prices

Economie| 10:42 – 02/02/2022   Follow-up – Mawazine News:  Oil prices rose slightly during Wednesday’s trading, amid a state of anticipation by investors for the results of the “OPEC +” meeting to be held today, as the group’s countries will discuss the situation in the global oil market.  By 10:00 Baghdad time, US crude futures “West Texas Intermediate” rose 0.16% to $ 88.34 a barrel.   Brent crude futures rose 0.13% to $89.28 a barrel, according to Bloomberg website data.

 

It is expected that the “OPEC +” group, during today’s meeting, will add another 400,000 barrels to the group’s production. Ended 29/N33   https://www.mawazin.net/Details.aspx?jimare=183432

A Government Bank Invites Investors And Investment Companies

Economie| 09:38 – 02/02/2022   Baghdad – Mawazine News, Al-Rafidain Bank called, on Wednesday, some investors and investment companies who have owed amounts to review the branches of the bank granting loans related to their investment projects and to provide a settlement of their financial obligations.

 

The media office of the bank said in a statement received by Mawazine News that, “at a time when the bank appreciates the keenness of its clients from investment companies and investors to liquidate the issue of settling debts arising from their investment loans, so the bank invites some investment companies and investors to review its donor branches and provide a settlement for their obligations.” Financial considerations for the benefit of both parties.

 

The bank called, according to the statement, “investment companies and investors who were unable to attend the branch to seize the opportunity and present a settlement of the amounts due for consideration in accordance with the instructions in force in order to preserve public money.” Ended 29/N33 LINK 

 

Starting In March, OPEC + Agreed To Increase Oil Production By 400,000 Barrels Per Day

 

Economie| 04:18 – 02/02/2022

 

Follow – Mawazine News  Oil prices rose, on Wednesday, by 1.5%, with the launch of the “OPEC +” group meeting to discuss the situation in the energy market, especially in light of the spread of the mutant “Omicron”.

 

By 16:00 Moscow time, US West Texas Intermediate crude futures rose 1.53% to $89.55 a barrel, while Brent crude futures rose 1.26% to $90.28 a barrel, according to Bloomberg website data.

 

For its part, the Russian “TASS” news agency reported that a document showed that the joint ministerial monitoring committee in “OPEC +” recommended an increase in production by 400,000 barrels per day in the month of March. Ended 29/R77  https://www.mawazin.net/Details.aspx?jimare=183465

 

Iraq And Egypt Sign A Memorandum Of Understanding On Monitoring And Electronic Payment

 

Economie| 06:40 – 02/02/2022   Baghdad – Mawazine News  The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, met, on Wednesday, with the Governor of the Central Bank of Egypt, Tariq Amer, in the capital, Cairo.

 

According to a statement by the Central Bank of Iraq, Mawazine News received a copy of it, during the meeting, bilateral relations between the two monetary institutions and ways to develop supervisory work and joint cooperation in the banking sector were discussed.

 

The statement added that a memorandum of understanding was signed on monitoring and electronic payment between the two sides, in addition to ways to enhance cooperation and develop banking relations between the two brotherly countries.

 

It is noteworthy that the Governor of the Central Bank of Iraq arrived on Tuesday afternoon in Cairo at the head of a large banking delegation at the invitation of the Egyptian side. Ended LINK 

 

A Population Explosion In Iraq .. The United Nations Warns And Planning Issues A Shocking Response

 

political| 03:35 – 02/02/2022   Special – Mawazine News, the Ministry of Planning responded, on Wednesday, to a United Nations report on an explosive increase in the number of Iraq’s population.

 

Ministry spokesman Abdul-Zahra Al-Hindawi said in an exclusive interview with Mawazine News, “We are against the term population explosion, which has been used incorrectly in a situation similar to the situation in Iraq.”

 

Al-Hindawi indicated that Iraq is not facing a large population increase, on the contrary, it is facing a population increase with a low decline. If the increase is compared to an increase 10 years ago, we find that there is a noticeable decrease.

 

The United Nations Population Fund, on Tuesday, warned of the acceleration of population growth in Iraq.

 

The representative of the Fund in Iraq, Rita Columbia, said that the accelerated population growth will double the youth segment to more than 60 percent of the Iraqi population.

 

Colombia added, in a statement to the official Al-Sabah newspaper, that Iraq needs many interventions to accommodate the rapid increase in its population.

 

She explained, “If attention is paid to the issues of family planning, youth empowerment and reproductive health programs, Iraq may be able to control population growth and invest human capital in development and jump to improve the economic conditions in the country.”

 

Colombia called on Iraqi families to plan and learn to control their expansion and growth by adopting the tools and methods of contraception, while having access to economic opportunities that allow the healthy development of children. Ended 29/R77  LINK

To read more current and reliable Iraqi news please visit BondLady’s Corner:

 

https://www.bondladyscorner.com/

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