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Thurs. AM-PM TNT News Articles 9-29-22

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TNT

Tishwash:
Sadrist leader: The masses are stronger than tyrants

The Sadrist leader, Hazem Al-Araji, commented on the demonstrations taking place in the capital, Baghdad.

“The masses are stronger than tyrants,” Al-Araji said in a Facebook post.

Tahrir Square in the capital, Baghdad, has witnessed demonstrations since this morning, in protest against the convening of the parliament session.   link

Al-Fateh: The new government’s mission is focused on two files.. and the election date is expected

a member of the Al-Fateh Alliance, Mahmoud Al-Hayani, set today, Thursday, the main task of the new government 

Al-Hayani told (Baghdad Today), “The coordinating framework seeks, during the next stage, to form a government of services that meets the aspirations of the Iraqi citizen, and the task of the next prime minister is to dissolve parliament and re- “.election

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He added, “If the government is formed and gets the blessing of the leader of the Sadrist movement, Muqtada al-Sadr, it is certain that the next elections will be “.decided in the 10th of next year Al-Hayani stressed, “In the current stage, Iraq is in dire need of a government that has full powers, not a caretaker government that is unable to take many fateful “.decisions  link

After the demonstrations and the parliament session.. Al-Sadr’s minister sends a message to all politicians urgent

Today, Wednesday, the Minister of the Sadrist Movement, Muqtada al-Sadr, sent a message to all politicians.

Al-Iraqi said in a post followed by Alsumaria News: “To the leaders, politicians, rulers and even the common people who follow them in our beloved Iraq, the homeland is more important than your positions, your chairs, your authority, your weapons, your projects, your trade, your money, your families and your palaces.”  link

An expert expects the size of Iraq’s financial revenues at the end of 2022 and reassures employees

Today, Wednesday, economist Diaa Al-Mohsen expected that financial revenues would reach $90 billion during the current year, while stressing that oil prices, whether they increased or decreased, the citizen is not a major player in them.

Al-Mohsen said in an interview with the “Information” agency, that “the rise and fall in oil prices is subject to many variables, including political, economic and climatic ones,” noting that “oil prices, even with their decline, are higher than the number specified during the public financial budget, and this is what keeps the economy away from about danger and deterioration.

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He added, “Oil prices, whether they rise or fall, the citizen is not a major player in them,” noting that “oil prices, whether they rise or fall, the citizen is not a major player in them and does not affect his needs, especially government employees.”

The economist expected, “the arrival of oil revenues during the year for my current one, in light of the drop in prices from 90 to 100 billion dollars,” pointing out “the possibility of covering the expenses of the past year, and eliminating the financial deficit completely.”

Al-Mohsen stressed, “the necessity of investing the money generated from oil revenues in the industrial and agricultural sectors and not relying on the rentier economy.”

And the fears of state employees continue, of not getting their salaries next year, in the event of a decline in international oil prices, as well as the absence of a budget, which directly affects the revenues of the Iraqi government, which depends directly on black gold. Done/ 25 SR   link

Source: Dinar Recaps


CandyKisses:
Oil prices are falling amid the rise of the dollar and economic concerns

Oil prices fell in early Asian trading, today, Thursday, as the dollar’s strength and economic problems overshadowed optimism about consumer demand

Brent crude futures fell 59 cents, or 0.7%, to $88.73 a barrel, while US crude futures fell 54 cents, or 0.7%, to $81.59, according to “Reuters”. The two benchmark crudes witnessed a rise in the previous two sessions amid trading volatility, after they reached their lowest level in nine months this week.

The dollar value index witnessed an upward trend this morning, after hitting a new two-decade high against a basket of currencies on Wednesday before retreating. A strong dollar reduces the demand for oil by making it more expensive for buyers who use other currencies.

The Bank of England said it was committed to buying as many long-term government bonds, known as gold bonds, as needed between Wednesday and October 14 to stabilize its currency after the British government’s budget plans announced last week caused the pound to fall.

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Goldman Sachs lowered its 2023 oil price forecast on Tuesday, due to expectations of weak demand and a stronger US dollar, but said the global disappointment with supplies bolstered its outlook for the long-term upside.

Source: Dinar Recaps

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