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Bondlady’s Corner

March 7, 2022
in Dinar Guru

Iraqi News Early Sunday AM 3-6-22

TLM724 Administrator BondLady’s Corner

The Difference Is 250 Dinars.. The Exchange Rates Of The Dollar In The Local Markets

Economie| 10:29 – 06/03/2022  Baghdad – Mawazine News, the dollar exchange rates rose, today, Sunday, in the local markets. And the selling prices of the dollar were 147,250 dinars per 100 dollars, while the purchase prices of the dollar were 147,000 dinars per 100 dollars. Ended 29/N33   https://www.mawazin.net/Details.aspx?jimare=186439

Iraq Exports More Than 7 Million Barrels Of Oil To America In A Month

Energy   Economy News _ Baghdad   Today, Sunday, the US Energy Information Administration announced that Iraq’s oil exports to America amounted to more than 7 million barrels in the month of February.

 

And the administration said in a table seen by “Economy News”, that “Iraq exported 7.224 million barrels of crude oil to America during the month of February, at a rate of 258 thousand barrels per day,” down from January, in which Iraqi oil exports to America amounted to 10,044. Millions of barrels, at a rate of 324,000 barrels per day.

 

He added, “Iraq exported crude oil to America during the first week of February at a rate of 226 thousand barrels per day, while an average of 225 thousand barrels per day was issued in the second week, and an average of 285,000 barrels per day was issued in the third week,” noting that “the fourth week’s exports amounted to 295,000 barrels per day.

 

The US Energy Information Administration stated that “Iraq ranked fifth in its exports to America during the past month after Canada, Mexico, Saudi Arabia and Colombia, and the second Arab country after Saudi Arabia, whose exports to America reached 10 million, and 584,000 barrels per day,” noting that “Canada ranked in the rank The first as the most oil-exporting country to America, followed by Mexico.”

 

On Friday, the Iraqi Oil Marketing Company “SOMO” announced that the rate of oil exports and revenues last February was the highest in two years.

 

The company said in a statement, 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, and an increase of 112,000 barrels per day over last month.

 

The company added that Iraq also achieved “the highest financial revenues since 2014 at an amount of 8.54 billion dollars through the Oil Marketing Company (SOMO) exporting all available quantity for export of Basra and Kirkuk crude oil.

 

The statement added that it is hoped that the revenues of the current month of March will be higher than last February, based on the current market data.    Views 199 Date added 06/03/2022 LINK

 

The Most Prominent Of Them Are Energy And Investment.. Several Files On Al-Kazemi’s Table And The US Secretary Of State’s Assistant

 

Political | 06:07 – 06/03/2022   Baghdad – Mawazine News, Prime Minister Mustafa Al-Kazemi received, on Sunday, the US Assistant Secretary of State for Iraq and Iran Jennifer Givetto, in the presence of the US Ambassador to Iraq Matthew Tueller.

 

During the meeting, they discussed bilateral relations between the two countries, and ways to develop joint cooperation between them in light of the outcomes of the strategic dialogue, and in various fields, especially investment, energy, renewable energy, and addressing the effects of climate change.

 

The meeting witnessed the discussion of a number of international and regional issues, and files of common interest. The Prime Minister stressed the need to solve problems by peaceful means and mutual dialogue; To ensure the security of the region, and to achieve stability and prosperity for its people. Ended    https://www.mawazin.net/Details.aspx?jimare=186484

 

The Industry Concludes Investment Contracts To Support The “Environment” With Private Sector Companies

 

Sunday, March 6, 2022 6:23 PM  Special / National News Center

 

Today, Sunday, the Ministry of Industry and Minerals revealed that it had concluded investment contracts with Iraqi and foreign private sector companies , pointing out that the reason for the absence of national industry is the high cost of imported production requirements and the increase in the number of employees .

 

The media of the Ministry of Industry said in an interview with the “ National News Center” , that “there are many reasons behind the absence of the national industry , including the dependence of the electrical industries sector and the rest of the other industrial sectors on production requirements imported from abroad , the high prices of these requirements and the flooding of the market with imported goods and goods that are not subject to For control and quality control other than national products , especially the products of the Ministry of Industry companies that conform to standard specifications and are subject to the tests of the Central Organization for Standardization and Quality Control, and are characterized by their high quality and competition with the importer .

 

Regarding the absence of the encouraging aspect of the citizen ’s tendency towards the national industry , he said , “The patriotic sense of the Iraqi individual must be exploited as the best promotional process for all national products , through the concerted efforts of all government institutions , civil society organizations , visual, written and audio media , social media and celebrities .

 

The community and even the clergy to take their national role in supporting the national product and encouraging the slogan “ Made in Iraq ” through continuous awareness campaigns and creating a local opinion that supports the national industry . ”

 

He also noted that “ the Ministry of Industry and Minerals has recently taken upon itself to support green industries that are environmentally friendly , by concluding investment contracts with Iraqi and foreign private sector companies to produce products and provide new services that keep pace with the current global development and enhance national industrial development by introducing production lines . And previously unknown technologies for new products needed by society with the acceleration of modernity and progress globally . ”

 

He explained that “there are many examples of these new products , including “ environmentally friendly plastic tubes and covers , soil – fixed anti- desertification fertilizers , advanced medicines , cosmetics , cleaning and sterilization materials that are comparable to their global counterparts , dairy milk , triangle cheese and healthy free fat , artificial respirators and people ’s fumigation rooms . ”

 

Economical lamps and solar panels , air conditioners, computers , refrigerators and modern control systems , large irrigation pumps and water desalination systems , asphalt coatings and concrete additives produced for the first time according to the latest methods , new bumps and rubber floors , electric powered cars , waste treatment and recycling systems , Software in automation , governance and others . LINK

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

 

https://www.bondladyscorner.com/

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