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Thurs. AM TNT News Articles/Thoughts 6-29-23

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TNT

KaseyKo1:
The place where I’m living, one of their security guards is from Kurdistan. And the girl at the front desk that works closely with him, had mentioned a short time ago that she had been given one dinar. 

Well, when I started to mention to her that the rate was getting ready to change, she stopped me & said, “Oh, we’ve already been advised and the rate was 3.81. Woo-hoo!!! I just wanted to pass this encouragement along. The way she made it sound, the chg should be happening within days.

Here’s an update to my previous “story”.

It seems the newbie security guard we have is ONLY temporary. The Kurdistanian guard – wait for it! – just left at the starting of this week to go back to Kurdistan for 30 days. I have to wonder if he’s going back to do an exchange in his country. He apparently has a dual citizenship with the US. So the question is when will he be paid in Kurdistan? Great news, I think anyway. 

CandyKisses:
Iraq ranks fourth in the Arab world in terms of industrial output… Here is the list

02:05  2023-06-29  61  Economy 

Iraq ranked fourth among the Arab countries in terms of industrial output.

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According to the latest data of the World Bank, Iraq came fourth in industrial output, after Egypt, which ranked third in the Arab world and 30th in the world, with a value of $124.4 billion.

Iraq was followed by “Qatar” and “Algeria”, according to the 2021 statistics.
As for the industrial output in the Arab countries in 2021; Saudi Arabia ranked first in the list of Arab countries, and 13th in the world in terms of industrial production, with a value of $379.4 billion, followed by the UAE, second in the Arab world and 17th in the world, with an industrial production value of $197.1 billion.

According to World Bank data, the global industrial output increased by about 19.3% in 2021, to reach about $26.6 trillion, which represents about 28% of the global GDP, compared to global industrial output levels of about $22.3 trillion recorded in 2020, in which levels decreased. Industrial output as a result of the repercussions resulting from the “C----a” pandemic, and with the contribution of high-income countries to industrial output estimated at 51.5% in 2021, equivalent to about 13.

Oil falls amid investor fears of interest rates rising again

Baghdad – NAS  

Oil prices fell on Thursday, giving up some of last session’s gains as investors took profits amid fears that another rate hike could dampen economic growth and global oil demand.      

Brent crude futures were down 27 cents, or 0.4 percent, at $73.76 a barrel by 0052 GMT. West Texas Intermediate crude futures lost 21 cents, or 0.3 percent, to $69.35 a barrel.  

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Crude rose about 9 percent on Wednesday after the U.S. Energy Information Administration said crude inventories fell by 6.23 million barrels in the week ended June 1, far exceeding analysts’ expectations in a Reuters poll for a 8.<> million barrel drop in inventories.  

Al-Khazali: American drones fly over Baghdad areas without justification

Information / Baghdad

Asaib Ahl al-Haq Secretary-General Qais al-Khazali on Thursday called on the government to comprehensively review cultural exchange within the strategic framework agreement with the United States, demanding an end to unjustified American aviation in Baghdad.

Al-Khazali said during the Eid al-Adha sermon that “the United States of America is working to spread homosexuality in the country through the Strategic Framework Agreement,” calling on the government to “comprehensively review this agreement, especially with regard to cultural exchange with the states.”

Regarding the American presence, Al-Khazali explained that “the American combat forces are still present in Iraq under the name of the international coalition against I--S, despite the withdrawal of the coalition countries from Iraq except for the United States of America,” noting that “military sovereignty in Iraq is incomplete as long as there are foreign forces and bases and the American drones are still flying.” It flies over the areas of Baghdad without justification.” End / 25 pm

Source: Dinar Recaps

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