CandyKisses:  For the first time since early December. Brent price rises to $87

Baghdad – Nas

The price of the Brent crude futures contract for March 2023 delivery on the London Stock Exchange (ICE) briefly rose to $87 a barrel for the first time since December 5, according to trading data on Tuesday.

According to the stock exchange trading at 11:00 Moscow time, the cost of Brent crude rose by 1.27% to $ 87 per barrel.

By 11:26 Moscow time, the price of oil had slowed to $86.3 per barrel.

Meanwhile, WTI crude futures for February 2023 delivery rose 0.66% to $80.79 per barrel.


Tishwash:  Parliament intends to pass 170 laws during the current parliamentary session

The Parliamentary Legal Committee announced, on Tuesday, that 170 laws await legislation in the current session, while determining the fate of the important suspended laws.

Committee member Omid Ahmed said in a statement to the official news agency, which was followed by Mawazine News, that “parliamentary committees are currently discussing 170 deferred laws from previous sessions,” pointing out that “the committees are determined to pass these laws during the current parliamentary session.”

He added, “The House of Representatives is trying to pass important laws that affect the lives of citizens, including the civil service law, the slums law, the social welfare law, and other laws,” noting that “the House of Representatives hopes that the government will send the budget law during the first days of the beginning of the second legislative term.”   link


CandyKisses:  While it continues to rise in Iraq, Egypt “turns” on the World Bank to solve the dollar problem

Baghdad Today – Translator

The Egyptian authorities announced today, Monday, their move towards “control” of the exchange rate of the Egyptian pound against the dollar, after the local currency witnessed a decline against the dollar due to the conditions imposed by the World Bank on borrowing countries, including Iraq.

The Egyptian authorities, according to what Al-Sharq Al-Awsat reported on its English page and translated (Baghdad Today), announced that it “will take measures to limit the circulation of the dollar on the black market and stop the floating of the currency,” noting that “the Egyptian measures are a” coup “on the conditions imposed by the World Bank on countries borrowed from it.

The conditions of the World Bank to float the currency in the market and reduce local support for the local currency against the dollar, greatly affected the rise in exchange rates for the dollar against the dinar, as I showed (Baghdad Today) earlier, as Iraq continues to cooperate with the World Bank in dealing with the local economy according to what is between via its official website.


CandyKisses:  Central Bank Governor: We Are Open To Strengthening Banking Relations With The Countries Of The World

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, confirmed  that the Central Bank is open to strengthening banking relations with the countries of the world.

The media office of the Central Bank of Iraq stated, in a statement received by the Iraqi News Agency (INA), that the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, received today the Ambassador of the People’s Republic of China to Iraq, Tsui Wei, indicating that during the meeting they discussed aspects of bilateral cooperation between Baghdad and Beijing and facilitating movement Banking transactions and commercial exchange in accordance with international standards.

He confirmed, according to the statement, that the Central Bank of Iraq is open to strengthening its banking relations with the countries of the world in a way that serves the interest of the Iraqi banking sector.

Mot: .. Get Ready fer it!! ~~~~~~

Mot: … getting Started Real Soon I Is! ~~~~