Iraq IMF Newswire

Iraqi Dinar devaluation and the price of the food basket

Macro-economic Situation Significant decline in oil revenues, a history of expansion of the state’s role in the economy and competitive currency exchange rates from neighboring countries pushed the Iraqi Government into a budget deficit by the end of 2020. …

Jordans Endless Transition - by Ursula Lindsey - The New York Review of Books

Jordan Pix/Getty Images Police blocking protesters after the arrests of the leaders of the Jordanian Teachers’ Syndicate, Amman, July 29, 2020 On an afternoon in late July, the central neighborhood of Amman where I live was suffused with stifled …

Video: Where has Iraq's Oil Wealth gone?

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Decades of plundering: Where has Iraq's oil wealth gone? Ranked as the fourth-biggest oil producer in the world, many …

Video: Where has Iraq's Oil Wealth gone?

Feb 14, 2021 (MENAFN via COMTEX) -- (MENAFN - Iraq Business News) From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News . Decades of plundering: Where has Iraq's oil wealth …

Survey Shows Extra Saudi Oil Output Cuts

(Bloomberg) -- OPEC’s crude production plunged last month as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global supply glut. Output from the group fell by 920,000 barrels a day -- the biggest drop in eight months -- to 24.87 …

OPEC Production Plunges as Saudis Deliver Extra Oil Cutbacks

(Bloomberg) -- OPEC’s crude production plunged last month as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global supply glut. Output from the group fell by 920,000 barrels a day -- the biggest drop in eight months -- to 24.87 …

IMF Executive Board Concludes 2020 Article IV Consultation with Iraq

February 11, 2021 Washington, DC: On February 8, 2021 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq. The COVID-19 pandemic and a sharp decline in oil revenues have exacerbated Iraq’s …

Iraq : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

Author/Editor: International Monetary Fund. Middle East and Central Asia Dept. Publication Date: February 11, 2021 Electronic Access: Free Download. Use the free Adobe Acrobat Reader to view this PDF file Summary: Iraq's socio-economic fragilities …

In Iraq's 'Dire' Economy, Poverty Is Rising — And So Are Fears Of Instability

"Now, because of the rise of the dollar and the pensions people aren't receiving, there are two classes of people," says Saad Salman, the owner of a Baghdad sweet shop. "A poor class and a rich class." Alice Fordham/NPR hide …

Iraq "in Talks" with IMF for $6bn Loan

By John Lee. Iraq is reportedly in discussions with the International Monetary Fund (IMF) to secure a $6 billion loan to help its finances. Finance Minister Ali Allawi (pictured) told Bloomberg that Iraq can apply for $2 billion in quick financing from a …

Iraq to Lower Oil Production

(Bloomberg) -- Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year, according to the state company that markets the nation’s crude. OPEC’s second-biggest producer will pump around 3.6 million barrels …

IMF says Iraq seeking emergency loans after oil price plunge

Iraqi government is reportedly seeking $6bn in loans, with possibility of a further $4bn, according to finance minister. Iraq has requested emergency assistance from the International Monetary Fund (IMF) and talks are ongoing between the parties, the IMF …

IMF: Iraq Seeking Emergency Loans After Oil Price Plunge

Opinion: The Iraqi Dinar needs Political Support!

By Dr Amer K. Hirmis, Capital Business Strategies Ltd. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar needs political support...to serve the economy! The Iraqi Dinar (IQD) was …

This Day in History - February 22

Today is the 53rd day of 2021. There are 312 days left in the year. TODAY'S HIGHLIGHT 1630: English settlers in America discover how to make popcorn. OTHER EVENTS 1495: French forces under King Charles VIII enter Naples in Italy. 1759: French abandon …

Jordan- FM, Norwegian counterpart discuss ties, region over phone

(MENAFN - Jordan Times) AMMAN — Deputy Prime Minister and Foreign Minister Ayman Safadi and Norwegian Minister of Foreign Affairs Ine Eriksen Søreide on Thursday discussed means of advancing cooperation in various fields, as well as enhancing coordination …

Iraq, Struggling to Pay Debts and Salaries, Plunges Into Economic Crisis

BAGHDAD — In a stall off a narrow, winding alley of Baghdad’s oldest market, Ahmed Khalaf sells the smallest luxuries: nail polish, plastic hair barrettes, colored pencils. Even during the pandemic, by midmorning the stalls in Shorja market would normally …

Iraq, Chinese firm in $2 billion oil prepayment deal - Banking Gulf News

A worker adjusts valves in the Nihran Bin Omar field north of Basra. Iraq has agreed a multibillion-dollar oil-supply deal with a Chinese company. Image Credit: AP Baghdad: Iraq has agreed a multibillion-dollar oil-supply deal with a Chinese company, …

Iraq Picks Chinese Firm for $2 Billion Oil Prepayment Deal

A spokesperson for the prime minister didn’t immediately respond to a request for comment. While all major oil exporters have taken a hit from the plunge in prices since March, Iraq is in one of the weakest positions. OPEC’s biggest producer after Saudi …

Increased Oil And Gas Demand Drives The Integrated Geophysical Services Industry

The Business Research Company’s Integrated Geophysical Services Global Market Report 2021: COVID 19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 8, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, …

Non-Fiction Books Industry Trends Like Print-On-Demand Orders Help Meet The Exact Needs Of The Market

The Business Research Company’s Non-Fiction Books Global Market Report 2021: COVID 19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 8, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, forecasts, and …

The Top-25 Remote Companies of 2021 (So Far)

RemoteRated announces the top 25 remote companies of 2021, RemoteRated.com is a platform to share & discover the best remote companies and job opportunities! SAN FRANCISCO, CALIFORNIA, USA, March 8, 2021 /⁨EINPresswire.com⁩/ -- Today Merico, a …

Global Digital Advertising Market Trends And Strategies Of Major Players In The Digital Advertising Market 2021-2030

The Business Research Company’s Digital Advertising Global Market Report 2021: COVID 19 Impact And Recovery To 2030 LONDON, GREATER LONDON, UK, March 8, 2021 /⁨EINPresswire.com⁩/ -- The digital advertising market consists of the sales of …

Electric Trucks Are A Major Trend In The Long-Distance General Freight Trucking Market

The Business Research Company’s Long-Distance General Freight Trucking Global Market Report 2021: COVID-19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 8, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, …

Use Of Helicopters In Emergency Medical Services Results In Growth Of The Commercial Helicopters Industry

The Business Research Company’s Commercial Helicopters Global Market Report 2021: COVID-19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 8, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, forecasts, and …

REMCO offers an ideal permissioned distributed ledger for Africa’s central banks

This innovation, known as CBDC, or central bank digital currency, is now happening in much of the world, but Africa is behind. LAUREL, MARYLAND, UNITED STATES, March 8, 2021 /⁨EINPresswire.com⁩/ -- REMCO offers an ideal permissioned distributed …

As the UN Human Rights Council Meets -Tamil Women in Sri Lanka Continues to Search for Their Disappeared Babies : TGTE

International Truth and Justice Project handed over details to UN on Sri Lankan Military run "Rape Camps", where Tamil women are being held as “sex slaves” GENEVA, SWITZERLAND, March 7, 2021 /⁨EINPresswire.com⁩/ -- As the current UN …

How Come The White House, & The UN Never Thought Of Creating Their Own Apps, Crypto-World & Crypto-Currencies?

Gold and gem mines are confined to small areas. Crypto-wealth is available everywhere in unlimited quantities. What are our governments and NGOs waiting for? WASHINGTON, DC, UNITED STATES, March 7, 2021 /⁨EINPresswire.com⁩/ -- The White House Team …

Hy-Hybrid Energy Applauds the Most Remarkable Achievements of its CEO, Dr. Naveed Akhtar

Hy-Hybrid Energy is leading the first of its kind in Hungary- the fuel cell bus project, also proud to be the world's first in setting-up IHAC platform. GLASGOW, UNITED KINGDOM, March 6, 2021 /⁨EINPresswire.com⁩/ -- Hy-Hybrid Energy- Scotland …

Congressman Jamie Raskin Salutes Long Walk for Freedom

Congressman Jamie Raskin shared words of support for the Sindhi Foundation's Long Walk for Freedom, Nature, and Love today. WASHINGTON, DC, USA, March 6, 2021 /⁨EINPresswire.com⁩/ -- Congressman Jamie Raskin shared words of support for the …

Cows Aboard Karim Allah to be Killed as Animal Equality Protests Live Animal Transport

Appeal for the Suspension of the Cows’ Slaughter Order Rejected by Spanish Authorities CARTAGENA, SPAIN, March 5, 2021 /⁨EINPresswire.com⁩/ -- The journey of the cows and calves aboard the Karim Allah has come to an end. After suffering for two …

OCI expands global footprint by announcing the launch of its new office in the Malaysian capital.

LONDON, UNITED KINGDOM, March 5, 2021 /⁨EINPresswire.com⁩/ -- The opening of this new office in Kuala Lumpur gives OCI a direct and local presence to better meet the Asian market’s high demand for sourcing, logistics and flexible financing. OCI …

GoodFirms Unlocks the List of Best Talent Management, Performance Appraisal and Recruiting Software for Organizations

Based on several qualitative and quantitative metrics, GoodFirms highlights varied software for businesses. WASHINGTON DC, WASHINGTON, UNITED STATES, March 5, 2021 /⁨EINPresswire.com⁩/ -- These days, every organization has a common goal that is to …

Loro Parque Fundación Introduces More Lear’s Macaws Into Their Natural Habitat in Brazil

Lear's macaw is one of 10 species that LPF has managed to save from imminent extinction thanks to the funding of 'in situ' and 'ex-situ' conservation projects PUERTO DE LA CRUZ, SANTA CRUZ DE TENERIFE, SPAIN, March 5, 2021 /⁨ …

Urgent Need For Shipment Of Dangerous/Hazardous Goods Is Driving The Freight Chartered Air Transport Market

The Business Research Company’s Freight Chartered Air Transport Global Market Report 2021: COVID 19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 5, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, …

MIMO Systems Are A Growing Trend In The Military Radars Industry

The Business Research Company’s Military Radars Global Market Report 2021: COVID-19 Impact and Recovery to 2030 LONDON, GREATER LONDON, UK, March 5, 2021 /⁨EINPresswire.com⁩/ -- Our reports have been revised for market size, forecasts, and …

The Critical Role of Caregivers Around the World

Caregivers of elder family members worldwide face significant struggles and stress on careers, family life, income, education, socialization, and health. GOLDEN, CO, USA, March 5, 2021 /⁨EINPresswire.com⁩/ -- Caregiving is not limited by time zone …

WhiteHat Jr. CEO Karan Bajaj on the Evolution of Online Education

Digital Transformation Increasing the Need for More Tech Literacy in Education, Especially Coding SYDNEY, NEW SOUTH WALES, AUSTRALIA, March 5, 2021 /⁨EINPresswire.com⁩/ -- With practically every industry moving to a digital format, there is a …

The US Army to give an update on the next-generation combat vehicle at Future Armoured Vehicles Weapon Systems 2021

SMi Group Reports: Brigadier General Richard Coffman of the US Army Futures Command will be giving a key briefing at the virtual conference in June. LONDON, LONDON, UNITED KINGDOM, March 4, 2021 /⁨EINPresswire.com⁩/ -- The US Army is looking for …