Iraqi News Early Friday AM 3-4-22
TLM724 Administrator BondLady’s Corner
Iraq Achieves The Highest Monthly Oil Revenues In 8 Years
Economie| 06:43 – 04/03/2022 Baghdad – Mawazine News, Oil Minister Ihsan Abdul-Jabbar announced the achievement of the highest monthly oil revenues in 8 years.
Abdul-Jabbar said in a tweet via Twitter: “We achieved revenues of more than 8.5 billion dollars, which is the highest monthly financial returns from the export of crude oil in eight years, and the highest export rate in two years.” He added, “Thank you for the support of the political leadership, and all the departments and workers in the oil sector, and they are continuing to perform our national duty, and to reshape the future of energy in Iraq.” Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=186309
Brent Crude Exceeds $114 A Barrel
Economie| 04:37 – 04/03/2022 Baghdad – Mawazine News Today, Friday, Brent crude price crossed the threshold of $114 a barrel.
According to the daily data for oil prices, “Brent crude achieved more gains, and rose to 114.96 dollars per barrel.” It is expected that oil prices will continue to rise in the coming days.”
Markets were turbulent due to indications of an escalation in the Russian-Ukrainian conflict with reports that a nuclear power plant in Ukraine had caught fire before the authorities announced that the fire broke out in a building used as a training center and was put out. https://www.mawazin.net/Details.aspx?jimare=186297
Sumo: The Rate Of Exports And Revenues Last February Were The Highest In Two Years
Economie Friday, March 4, 2022 4:52 PM Baghdad / National News Center The Oil Marketing Company “SOMO” announced today, Friday, that Iraq achieved the highest export rate during last February in two years.
“SOMO” stated in a statement received by “The National Halakhbari”, that “Iraq achieved the highest export rate during the month of February last two years, at a rate of 3.314 million barrels per day, with an increase of 112,000 barrels per day compared to last month, and with the highest financial revenue since 2014 at an amount of 8.54 billion dollars from During the Oil Marketing Company (SOMO) exporting all available quantities of Basra and Kirkuk crude oil.”
She added, “It is hoped that the revenues of the current month of March will be higher than last February, based on the current market data.” https://nnciraq.com/115729/
The Stability Of The Exchange Rates Of The Dollar Against The Dinar
Economie| 10:35 – 04/03/2022 Baghdad – Mawazine News The dollar exchange rates witnessed, today, Friday, stability in the local markets.
The selling prices of the dollar were 147,250 dinars per 100 dollars, while the purchase prices of the dollar were 146750 dinars per 100 dollars. Ended 29/N33 LINK
A Parliamentary Statement From Al-Fateh Regarding Attending Tomorrow’s Session
Political 08:01 – 04/03/2022 Baghdad – Mawazine News, the Al-Fateh Alliance confirmed, today, Friday, that it has not yet discussed attending or boycotting tomorrow’s session, Saturday, to vote on reopening the nomination for the position of the presidency and voting on parliamentary committees.
The head of the Al-Fateh Alliance bloc, Abbas Al-Zamili, said, “The Federal Court has a detailed impact on managing the political process and resolving contradictions since the first session until now,” noting that “the Federal Court is a judicial legal reference that separates the authorities, and we thank its position and bold decisions, whether at the level of the federal government or the Kurdistan Region.” “.
He pointed out that “the last decision confirmed that it is not within the authority of the Presidency of the Council to reopen the door for nomination again for the Presidency of the Republic and gave the authority to the Council of Representatives as the highest legislative authority in the country, and this is support for members of the House of Representatives.”
He added, “The House of Representatives session on Saturday will witness a vote to open the candidacy door,” explaining that “the digital accounts indicate that the Triple Alliance has a majority of half plus one and will pass the decision to reopen the candidacy door.”
He continued, “The Alliance of Al-Fateh and Al-Fath until now have not discussed their attendance or boycott of the Saturday session, but my personal view is that we will be present at the session,” explaining that “all decisions of the House of Representatives are subject to voting by a majority of half plus one, with the exception of the Federal Court law that we voted on in the previous session, which needed To a two-thirds majority, and voting to elect the president of the republic also needs two-thirds. Otherwise, we do not have decisions that require a vote of two-thirds of the members of the House of Representatives. Ended LINK
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