Fri. AM TNT News Articles 10-7-22



Urgent- Parliament will hold its session next Saturday and announce its agenda

Saturday 8 October 2022 Department of Foreign Affairs

(Reading the verses of the Qur’an

First: Taking the constitutional oath of some ladies and gentlemen members of the House of Representatives.

Second: Discussing the Iranian bombing of the areas of Iraqi Kurdistan.

Third: The first reading of the draft law dealing with residential abuses. (Services and Construction Committee, Legal Committee, Finance Committee), (22 articles).

Fourth: The first reading of the draft mineral investment law. (Investment and Development Committee,


Committee on Economy, Industry and Trade), (24 articles).

Fifth: The first reading of the draft law on social security and retirement for workers.  (Work Committee and Civil Society Organizations, Finance Committee, Legal Committee), (113 articles).  Ghum Ne Nweh Ran

Sixth: General discussions

The session starts at eleven o’clock in the afternoon.  link

A deputy for the law is likely to resolve the election of the President of the Republic next week

A deputy from the State of Law coalition suggested that the election of the President of the Republic in the House of Representatives next week would be decided.

Muhammad Al-Ziyadi told {Euphrates News}: “The first step towards starting the formation of the government is choosing the president of the republic, and we expect that next week the election of this position will be decided.” And he indicated that “the State Administration Coalition has prepared all matters and is ready with all its components and spectrums to support candidate Muhammad Shia Al-Sudani in forming the government.”


And the representative of the Kurdistan Democratic Party, Majid Shankali, revealed to Al-Furat yesterday that: “The House of Representatives will set next week a date for electing the President of the Republic.” Shankali said in the program “Al-Mastra” broadcast by Al-Furat satellite channel last night, “Next week, parliament sessions will be held and may not witness the first time.

A session to present a presidential candidate, but the date for electing the President of the Republic is set and the opportunity is given to resolve the matter.

Oil prices are falling after the big rise

Oil prices fell slightly, on Friday, after an accelerating rise, caused by the decision of the OPEC + group of oil producers to reduce production.

This decline comes before the announcement of important US economic data, after it rose by more than one percent in the previous session, but it is heading for weekly gains.

By 0900 GMT, Brent crude futures fell 14 cents to $ 94.28 a barrel. West Texas Intermediate crude futures fell 12 cents to $88.33 a barrel, after hitting $89.37 a barrel, the highest level since Sept. 14.

The two crudes are heading towards recording weekly gains, supported by the OPEC + announcement of a greater reduction in oil production.

The cut that OPEC + decided to implement is the largest since 2020 and comes before the European Union imposed a ban on Russian oil. This decision will put pressure on an already tight market.

Source: Dinar Recaps



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