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Sat. PM KTFA News Articles 10-8-22

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Samson » October 8th, 2022

Russia warns the West: Patience has limits

8th October, 2022

Russian Foreign Minister Sergey Lavrov warned “those who speak with Russia the language of sanctions” that Moscow’s patience in the face of acts of economic aggression “is not without limits.”

Lavrov said in an interview with the Russian newspaper “Argumenti ye Facti”: “We have all possibilities to protect our national interests. And if necessary, we will use them to the fullest extent. Those who speak the language of sanctions with Russia, must remember that while we are largely restrained in the response to acts of economic aggression, our patience will not be limitless.”

He added, “The disintegration of the Russian economy, as dreamed by (former US President) Barack Obama, has not and will not be achieved.”

The Russian minister continued: “Everything they wanted to provoke in our country begins to appear in their own backyard. A number of European countries are witnessing a sharp rise in prices, a decrease in incomes, a shortage of energy resources … the usual benefits of civilization are turning into a privilege for Europeans. This is the price that ordinary citizens pay for the rosophobia of their politicians.”  LINK

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Approximately 300,000 barrels per day .. Iraq’s oil exports to America rise within a week

8th October, 2022

The US Energy Information Administration announced, on Saturday, that Iraq’s oil exports to America increased to 275,000 barrels per day during the past week.

The administration said in a report seen by Shafak News Agency, “The average US imports of crude oil during the past week from eight countries amounted to 5.220 million barrels per day, down by 390 thousand barrels per day compared to the previous week, which amounted to 5.610 million barrels per day.”

She added that “Iraq’s oil exports to America amounted to an average of 275,000 barrels per day last week, higher than the previous week, when oil exports to America reached an average of 202,000 barrels per day.” 

The administration also indicated that “most of America’s oil revenues during the past week came from Canada, at a rate of 3.298 million barrels per day, followed by Mexico at a rate of 539,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 398,000 barrels per day, and then Colombia at a rate of 360 thousand barrels. Daily”.

According to the administration, the amount of US imports of crude oil from Ecuador amounted to an average of 203 thousand barrels per day, and from Brazil at a rate of 104 thousand barrels per day, and from Libya at a rate of 43 thousand barrels per day, while it did not import any quantity from Russia or Nigeria. LINK

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Source: Dinar Recaps


Samson » October 8th, 2022

The arrest of a banker selling counterfeit currency

8th October, 2022

The anti-crime directorate arrested a banker for selling fake currency to citizens in Baghdad.

A statement by the Directorate stated, “The detachments of the Al-Habibia office, east of Baghdad, arrested the accused in flagrante delicto in a tight ambush, after investigation and information gathering, as he was intending to sell 18,500 counterfeit US dollars, to a citizen without his knowledge.”

And he added: “When conducting the investigation with the accused, he openly admitted that he had sold the counterfeit currency.”  LINK

Parliamentary Integrity accuses Rafidain Bank of stealing up to one billion US dollars

8th October, 2022

Member of the Parliamentary Integrity Committee, Representative Ahmed Taha Al-Rubaie, announced on Saturday, the existence of a theft in Al-Rafidain Governmental Bank, estimated at about one billion US dollars.

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Al-Rubaie said in a press conference held today and attended by Shafak News Agency correspondent, that the answers received by the Ministry of Finance confirm that there is a theft in the revenues of trust accounts belonging to the general tax in Rafidain Bank, which exceeds (800) million dollars, and from here we confirm that no authority or the party to cover up or deny this theft in favor of the thieves of public money.

He added that the Ministry of Finance indicated that it had formed a committee to conduct an administrative investigation into the matter, and the investigation committee recommended precautionary recommendations against the former general managers, since the loss of these huge amounts from the account of the General Tax Authority was during the period of their administration and under their direct responsibility and powers.

Al-Rubaie also added, “The ministry confirmed that it is awaiting a judicial investigation, as the case is before the judiciary, which has a general mandate to protect public money.”

The parliamentarian called on government and regulatory agencies to prevent the travel of some managers and senior cadres in the Tax Authority who were changed until the end of the administrative and judicial investigation, calling on the Federal Integrity Commission to conduct the investigation as quickly as possible and refer the files to the Integrity Judge.  LINK

Source: Dinar Recaps

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