WOTS THU JuN 2 22
Parliamentary Finance: It is necessary to vote on the emergency support law before the end of the legislative term
Today, Thursday, a member of the Parliamentary Finance Committee, Muhannad Al-Khazali, called for a vote on the emergency support law before the end of the legislative term at the end of next week.
Khazali told state television, "Since yesterday, the committee began deliberating on the allocations of the law proposal, where large sums will be allocated to supplement food security through the ration card, with approximately 8.5 trillion dinars ."
He added, "With regard to development amounts, 8 trillion dinars will be allocated for the development of the regions, distributed to the governorates according to the population and poverty rate, in addition to one trillion dinars allocated to the oil-producing governorates ."
He pointed out that "the emergency support law also focused on the file of electricity and gas debts, and 5 trillion and 300 billion dinars were allocated in the law for this matter ."
With regard to the allocations for adding lecturers to the law, al-Khazali stated that “the members of the Finance Committee with the addition of allocations for lecturers, contracts and scientists and find that there is an interest in adding them, and a letter was sent to the Ministry of Finance about its need for allocations .”
He stressed that voting on the law must be completed before next Wednesday, the eighth of this month, as it will be the date for the end of the first legislative term . "
The rise in oil prices after the announcement of “OPEC +” .. and an expert: The move is “symbolic” from Saudi Arabia and the rest of the countries
Oil prices around the world witnessed a remarkable rise after the “OPEC +” alliance announced an increase in production by 648,000 barrels per day, in a move that the head of the consulting company (Rapidan Energy) described as “symbolic” on the part of Saudi Arabia more than it. Already influential in the market.
The price of Brent crude jumped by 1.5%, to reach the price of a barrel of 118 US dollars, after it was 113 US dollars earlier today.
For its part, the price of a barrel of US crude oil rose by 1.9% to reach 117.45 dollars per barrel, which means that it rose by 5 to 6 dollars over its price before the coalition announced the increase in production.
These indicators confirm the fact that the emergency increase on the part of "OPEC +" is not sufficient to solve the production problem and maintain price stability.
"The increase is so small that it does not move a needle," said Robert McNally, the head of the consulting company, adding that this pumping increase is a "symbolic" step by Saudi Arabia and the rest of the economic alliance, but it will not be enough to stop the price hike.
McNeill said about that: “The move is 90% symbolic and 10% has a substantial impact.” He added, “It is a tangible gesture, but it is not impressive enough,” he said.
The coalition had announced an increase in production by the previously mentioned amounts in the coming months of July and August, and the "OPEC +" countries raised the value of the increase by approximately 200 thousand barrels per day to compensate for the increase that was supposed to be witnessed next September.
UN report: “An environment of fear and intimidation” in Iraq
Impunity" continues in Iraq with regard to attacks targeting demonstrators, activists and critics of "armed elements and political parties", according to a report published by the United Nations today.
The report by the United Nations Assistance Mission for Iraq (UNAMI) and the Office of the United Nations High Commissioner for Human Rights said that impunity creates an “environment of fear and intimidation” that limits freedom of expression.
Although the report referred to “payment of compensation to the families of most of the victims who were killed during the demonstrations” that swept the country in 2019, it documented 26 incidents committed by “unidentified gunmen” with the aim of “suppressing opposition and criticism,” between the beginning of May 2021 and the end of April 2022. In documenting this, the report relied on 27 individual interviews and interviews with the judiciary in Baghdad and southern governorates.
The report mentioned those incidents, including "three attempted murders, five violent attacks, a house raid, 14 improvised explosive device attacks, one kidnapping attack, one incident of property destruction, and many non-violent threats."
The report indicated in particular that "unidentified gunmen were shot dead" in May 2021, a prominent activist in Karbala and a coordinator of the demonstrations.
He also referred to the assassination of political analyst Hisham al-Hashemi, in front of his house, last July 6 in Baghdad, and the report stated that the trial was repeatedly postponed, due to "the inability to bring the accused to court."
The United Nations expressed concern that "judges, investigative officers and activists demanding accountability have been threatened, intimidated or violently attacked by persons believed to be associated with or supporting armed elements."
The report noted that while "most crimes are carried out anonymously," "information indicates that detainees and convicts may belong to well-known armed groups operating outside the control of the state."
It is noteworthy that Iraq witnessed, in October 2019, an unprecedented wave of demonstrations, which swept the capital and most of the southern regions of the country, during which protesters demanded a change of regime, but the movement was subjected to a bloody repression that killed more than 600 people and wounded at least 30,000. According to "AFP".
The government headed by Mustafa Al-Kazemi, which took over in May 2020, pledged to prosecute those involved in the killing of protesters and activists.
However, "the Iraqi authorities have taken limited steps to investigate the unlawful killing and wounding of protesters, critics, and activists," according to the report.
Iraq and Iran discuss strengthening relations and activating understandings and agreements
The President of the Republic, Barham Salih, and Iranian Minister of Health Bahram Ayn Allah, .stressed, Thursday, June 2, 2022, the importance of continuing to strengthen relations between the two countries In the presidential statement, it was reported to Al-Masala that at the beginning of the meeting, which was held at the Peace Palace in Baghdad, Bahram Ein Allah conveyed the greetings of Iranian President Ibrahim Raisi to his Iraqi .counterpart, while Saleh Bahram conveyed his greetings to the Iranian president
\He added: During the meeting, they discussed the strong bilateral relations between the two neighboring countries, and their importance for the two friendly peoples to serve the two countries and the whole region, and to emphasize the importance of continuing to strengthen relations between the two countries in various fields, exchanging experiences, activating understandings and agreements concluded between the two sides, cooperation in the health .field and confronting Diseases and epidemics
Bahram Einollahi affirmed the Islamic Republic of Iran's support for the security and stability of Iraq, and aspiration towards expanding horizons of bilateral cooperation between the two countries in a manner that serves the interests .of the two friendly peoples
The rise in prices globally is draining the hard currency reserves in the Central Bank of Iraq
It is known that Iraq imports most of its needs of food, service, industrial and other commodities, and while the import cost nearly 40 billion dollars, it seems that the rise in prices and inflation globally will require transferring more money than hard currency from Iraq to abroad to cover the imports.
The Central Bank of Iraq’s sales of hard currency this week amounted to more than one billion dollars, which means about 4 billion dollars per month, or 48 billion dollars annually, an increase of about 20% compared to the past few years, due to the rise in commodity prices globally, which may Lead to the drain of hard currency from the central bank.
And the Central Bank sold during the current week for the five days in which the auction was opened, and from Sunday to Thursday, one billion and 50 million and 736 thousand dollars, at a daily rate of 210 million and 147 thousand and 300 dollars, an increase of 23.76% from last week.
The highest dollar sales were on Monday, where sales amounted to 216 million and 196 thousand and 141 dollars, while the lowest sales were on Wednesday, when sales amounted to 203 million and 900 thousand dollars.
Most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar.
Experts attributed the rise in central bank sales, especially foreign remittances, to the rise in commodity prices globally, which prompted traders and importers to withdraw more money to cover their imports, which will make oil prices rise and thus the rise of central bank reserves revolve in a vicious circle as it will go to cover imports after the rise in commodity prices.
US Ambassador to Iraq: We support a secure and stable Iraq
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The President of the Republic, Barham Salih, received, Thursday, June 2, 2022, the credentials of .the new US ambassador to Iraq, Alina Romanowski, at the Peace Palace in Baghdad In a statement received by the Obelisk, the Presidency of the Republic said that the President of the Republic, Barham Salih, received at Al-Salam Palace in Baghdad the credentials of the new ambassador of the United States of America to Iraq, Alina Romanowski, wishing her success and success in performing her work tasks and in a way that . .contributes to the consolidation of friendship and cooperation relations between the two countries
For her part, Ambassador Alina Romanowski expressed her happiness to work in Iraq, and the US commitment to supporting a secure, stable and prosperous Iraq for all citizens, and looking forward to strengthening the existing .relations between the two countries in various fields, according to the statement
America looks forward to (closer cooperation) with Iraq in the economic field
Prime Minister Mustafa Al-Kazemi received, on Thursday, the US ambassador to Iraq, Alina Romanowski, and her accompanying delegation, on the occasion of the assumption of her new duties, according to a statement by Al-Kazemi's office.
Al-Kazemi reiterated that "Iraq attaches great importance to developing relations with the United States of America in various fields, for the common and long-term interest of the Iraqi and American peoples, and that this relationship can achieve more progress while enhancing the common understanding of the two parties' vision, and pursuing ways of wisdom and dialogue ".
He expressed "the Iraqi government's desire to cooperate and work to consolidate regional and international stability, in a manner that enhances the horizon of economic advancement and sustainable development for the Iraqi people and all the peoples of the region."
For her part, Ambassador Romanowski affirmed, "The United States of America looks forward to closer cooperation with Iraq in various fields, especially the economic, cultural and educational fields," expressing "admiration for Iraq's return to playing a major role in the region, and its positive regional and internal impact."
Al-Kazemi confirms seeking to expand the scope of the framework agreement between Iraq and China
Today, Thursday, Prime Minister Mustafa Al-Kazemi affirmed seeking to expand the scope of the framework agreement between Iraq and China.
The media office of the Prime Minister stated, in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mustafa Al-Kazemi received today, Thursday, the Ambassador of the People's Republic of China to Iraq, Cui Wei, and his accompanying delegation."
During the meeting, Al-Kazemi expressed "the government's interest in developing bilateral relations with China, and establishing real long-term partnerships in various fields, foremost of which are energy, reconstruction, economic and educational projects, especially building schools," expressing Iraq's desire to "strengthen cultural cooperation, and deepen ties between the Iraqi and Chinese peoples." .
He stressed, "striving to expand the scope of the framework agreement between Iraq and China, to include more projects that serve the two friendly peoples."
In turn, the Chinese ambassador conveyed the greetings of the Chinese leadership, and its emphasis on seeking to develop bilateral relations, thanking "the Prime Minister for paying attention to the consolidation of bilateral relations and the progress achieved in this field recently."
The ambassador reiterated "China's support for Iraq's growing efforts to support regional stability and combat terrorism.
Iran Formally Proposes To The Shanghai Cooperation Organization To Adopt A Single Currency
The Iranian Assistant Foreign Minister for Economic Diplomacy, Mahdi Safari, announced that Iran has officially proposed to the Shanghai Cooperation Organization to adopt a unified currency to facilitate trade exchange between member states.
"We, as an observer member, proposed a month and a half ago, as part of a letter we sent to the Shanghai Cooperation Organization, to adopt a single currency among member states," Safari said in a statement on Wednesday.
He added: We are following up on the proposal, and if it is implemented, it can solve trade issues between member states of the Shanghai Organization.
On the areas of strengthening cooperation between Iran and the member states of the Black Sea Economic Cooperation Organization, he said that one of the paths that we can reach to northern Europe is the Black Sea, and this cooperation is through China, Bandar Abbas, the Republic of Azerbaijan, Georgia and the Black Sea, and then through Romania and Serbia to European countries. the other.
Safri pointed out the completion of the document of the “North-South” corridor agreement and the link between the Black Sea and the Gulf, and the emphasis on increasing the capacity of transporting goods through this corridor. He added: The volume of transporting goods in this path, which consists of 3 sea, rail and road parts, is now 15 million tons. , will reach 30 million tons, and to achieve this figure, it is necessary to strengthen the railway infrastructure on this path.
He noted that Iran is currently preparing the necessary preparations and signing 450 documents to enjoy executive membership in the Shanghai Cooperation Organization.
He explained that the executive protocols for membership in the Shanghai Organization are like joining the Eurasian Economic Forum, where we complete this pace and submit the necessary documents so that we can enter into free trade with the five member states, including Russia and Armenia, until the end of the year.
Al-Sadr’s second deadline is approaching the end, and there is no prospect of ending the political blockage
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The leader of the Sadrist movement, Muqtada al-Sadr, continues to throw balls into the court of his opponents in the Shiite house (the forces of the coordination framework), while the political stalemate continues in light of the failure of all initiatives aimed at solving the knot of government formation.
After his first forty-day seclusion, which ended after the end of the last Eid al-Fitr holiday, he gave his opponents within the Shiite coordination framework the opportunity to form a government. In an attempt by all parties, especially the Shiite ones, to reach compromise solutions at a time when there are no indications of solving the complex of the President of the Republic due to the intransigence of the two Kurdish parties in terms of adhering to their candidates for the post of president, three initiatives appeared at close times, all of which failed to reach a solution that satisfies everyone.
Al-Sadr, before announcing his second deadline, which put himself in the opposition for a period of 30 days, launched an initiative in which he called on independent representatives (40 deputies) to join his tripartite alliance (Save a Homeland), which also includes the Alliance of Sovereignty, and the Kurdistan Democratic Party led by Massoud Barzani. However, the independents refused to join this alliance, and declared in their own initiative that they would not join any of the Shiite blocs (the Sadrist movement or the coordination framework).
The same coordinating framework also launched an initiative in which Al-Sadr called for dialogue in order to agree on the most numerous parliamentary bloc, provided that it comes from within the Shiite house exclusively, on the grounds that Shiites are the majority of the population in Iraq. Al-Sadr, for his part, did not deal with this initiative, as he completely neglected the initiative of the independents, while the coordination framework agreed on the possibility of dealing with the initiative of the independents.
The independents, for their part, and according to what one of their deputies announced, asking not to be named, believe that “the problem is that both the Sadrist movement and the coordinating framework want us to complete a number for them, given that the 40 independent deputies are all from the Shiite component,” noting that “this vision is inconsistent with With our political orientation, being independent representatives, we want to preserve our political identity away from any sectarian or ethnic description.”
The independent MP pointed out that “at a time when the coordination framework showed flexibility in dealing with us while giving us space in forming the government, including having a role in determining the specifications of the prime minister, and then choosing him, the Sadrist movement did not deal with us on the level of our initiative that We see that it represents part of the solution if the political forces want to reach approaches in terms of forming a government.”
While the countdown to the end of al-Sadr's sitting in the opposition for a month has begun, there are no indications that the political impasse will be resolved within the next two weeks. The two Kurdish parties that continued their meetings during the past few days between Erbil and Sulaymaniyah in an initiative for internal dialogue led by the President of the Kurdistan Region, Nechirvan Barzani, did not show any signs of rapprochement regarding the position of President of the Republic. The Kurds are awaiting, during the month of October, the elections of the Kurdistan Parliament, which is a ruling entitlement for all Kurdish parties there, which makes the possibility of understanding about these elections among all parties a very important matter, especially since the dispute over the position of the President of the Republic has begun to leave its great effects. over the entire region.
Baghdad, for its part, whether through the conflicting Shiite forces among themselves, or the Sunni forces, the majority of whom have decided to move with the option of the national majority government, which has so far faltered, is waiting to see if the Kurdish-Kurdish rapprochement between Erbil and Sulaymaniyah can bring them half a solution in terms of the position of president Republic in preparation for the start of the battle of the largest bloc.
Between failure here, waiting there, crushing the constitutional deadlines, and the end of political deadlines, signs of concern are looming in the Iraqi street, which is already angry at the performance of the political class. The political class that sees indications of this is starting to prepare for how to deal with the upcoming movement, whether it is a peaceful or violent movement.
The straw that could break the back of the relationship between the street and the political class is available, starting with electricity, which began to witness a decline in processing hours, with the start of rising temperatures, while Prime Minister Mustafa Al-Kazemi fears a repeat of last year's harsh experience when the electric towers war began.
During his security meeting, the day before yesterday, Monday, Al-Kazemi called for taking the necessary measures to maintain the energy towers from the intended targeting.
Parliamentary Oil: Iraq needs 60% of Iranian gas to run its electric stations
The Parliamentary Oil and Gas Committee announced today, Thursday, hosting a number of oil officials to learn their work mechanisms and how to overcome crises in the oil field, while officials stressed Iraq's need for 60% of imported Iranian gas to operate its electric stations and its inability to achieve self-sufficiency.
Yesterday, Wednesday, the Iraqi Ministry of Electricity announced that the Iranian side had stopped the export of 5 million cubic feet of gas supplied to Iraq, noting that this caused a reduction in processing hours.
Committee member Sabah Sobhi told Shafaq News Agency, "The committee held a series of hosts, the most important of which is hosting today the directors of oil and gas companies, Basra, South Oil and Gas, tankers and oil explorations," noting that "their hosting came to know their work mechanism and what problems these companies face and how to overcome crises and help them." in matters of reading the laws.
He added that "the committee also hosted the officials of the Pipeline Company for Gas Transport, and it was found that Iraq needs 60% of the total, which is the Iranian gas imported to Iraq," noting that "Iraqi production of gas does not reach self-sufficiency due to the lack of capabilities, and that there is burning associated gas and a waste of natural resources.
The member of the Finance Committee added that "the committee asked the oil and gas companies to work on strategic projects to serve important sectors, the most important of which is gas to generate electric power by increasing gas production and benefiting from it."
On May 23, 2022, the Parliamentary Energy Committee revealed the House of Representatives' intention to host Electricity Minister Adel Karim and discuss how to pay Iran's gas debts, which amounted to about one billion dollars.
Iraq, which depends on Iranian gas for electricity production, has suffered from a chronic electricity shortage crisis for decades as a result of the siege and successive wars.
For many years, residents need frequent power cuts, especially in the summer, when temperatures sometimes reach 50 degrees Celsius.
Below here is the WOTS for the day "Word on the Street" report:
North Selling 148.750 dinars Purchase 147.750 dinars
the South Selling 148.750 dinars Purchase 147.750 dinars
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1439.7000 |  1496.0000 | 1457.3000 | 1457.1000 | 1457.1000 | -0.1000 | 08:20 |
| USD/VND | 23193.0000 | 23203.0000 | 23195.0900 | 23188.9000 | 23188.9000 | 6.7300 | 03:30 |
| USD/CNY | 6.6694 | 6.6714 | 6.7043 | 6.6670 | 6.6852 | -0.0153 | 05:06 |
| USD/KWD | 0.3056 | 0.3066 | 0.3059 | 0.3057 | 0.3059 | -0.0002 | 04:55 |
| GBP/USD | 1.2541 | 1.2543 | 1.2547 | 1.2469 | 1.2482 | 0.0060 | 05:06 |
| USD/IRR | 42100.0000 | 42700.0000 | 42332.1000 | 42315.5000 | 42332.1000 | 13.8000 | 14:27 |
| USD/IDR | 14472.0000 | 14472.0000 | 14584.0000 | 14462.0000 | 14540.0000 | -67.0000 | 05:05 |
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Iraq is the fastest growing Arab country .. Why is this not ?reflected on the people
Unusually, Iraq recorded positive economic indicators in the past weeks, as Iraqi Finance Minister Ali Allawi confirmed that the country's cash reserves are expected to rise to more than 90 billion dollars by the end of 2022, noting that this level is a record for Iraq, in the meantime.
The International Monetary Fund expected the Iraqi economy to grow by 9.5% this year, to be the .highest in the Arab world The Iraqi minister considered that the recovery in oil prices and the financial management, which he described as "wise", helped the reserves reach the level of 70 billion dollars last April, after the country's foreign exchange reserves decreased to an alarming level in 2020 when the Corona .pandemic caused in the collapse of global oil prices
Reasons for growth
These positive figures for the Iraqi economy raise questions about their causes, as the appearance of Muhammad Salih, the economic advisor to the Iraqi Prime Minister, in his speech to Al-Jazeera Net, indicates that the high volume of cash reserves in the country is due to the rise in global oil prices, with an estimated increase on average between 40% and 45% over last .year
Saleh added that the Iraqi government relies on oil to pay internal expenses after replacing it with the local Iraqi currency according to the dinar exchange rate issued by the Central Bank, .which is equivalent to 1460 dinars per dollar Consequently, since the external financial flows are greater than the volume of internal spending, which adopts a ratio of 1 to 12 according to the decision of the financial administration due to the failure to approve the country’s federal budget, this led to the accumulation of foreign .exchange at the Central Bank and an increase in the volume of reserves, as he put it
And about the positives, he explained that the volume of foreign exchange is close to covering the value of the Iraqi currency and the volume of currency circulating locally, which constitutes a stabilizing factor for the dinar, which helps to face inflation inside the country due to the .repercussions of the continuation of the Russian-Ukrainian war
?Is it real growth
The data of the International Monetary Fund raise many questions about whether the growth of the Iraqi economy is real, especially with regard to the stability of the national currency, and in this regard, the financial expert Mahmoud Dagher says that the high growth rate in Iraq is currently due to the emergence of the oil sector as the only source of economic added value, .While the non-oil economic sectors are declining
Speaking to Al Jazeera Net, Dagher explains that the economic growth announced by the International Monetary Fund is considered growth for the oil sector and not for the real Iraqi economy, and without the oil sector, Iraq will not record any real growth at such a percentage .announced by the Fund
He added that the rise in the reserves of the Central Bank of Iraq is not a complete indicator of the economic situation, explaining that the volume of reserves does not cover the volume of Iraqi cash, which amounted to 80 trillion dinars, and therefore the proportion of the volume of reserves is less than it was two years ago when the size of the Iraqi monetary bloc was approximately 60 trillion dinars, explaining that the current reserves provide a sufficient volume .of liquidity to import from abroad without providing financial stability for the local currency
And this opinion goes to Professor of Economics at the Iraqi University Abdul Rahman AlMashhadani, who says that the increase in the volume of central bank reserves is due to the difference in the ratio between Iraq’s imports in dollars and what the Iraqi government sells in the currency auction, explaining that Iraqi imports amounted to 8 billion dollars per month, while .the currency auction It sells a total of $4.5 billion per month
Its reflection on the Iraqis
Despite this economic boom revealed by the numbers, the Iraqis are wondering about the reasons that prevent this from being reflected on the Iraqi people, who suffer from high rates of inflation, poverty and unemployment. Public finances after the expiry of more than 5 months of .the fiscal year
Because of this, according to Al-Mashhadani, a problem arose for the government in how it handled the financial surplus, commenting that the Iraqi government had limited employment in the public sector since 2014 in light of the fact that the private sector has many problems and depends heavily on the public sector, as well as He stated that the recently approved law criminalizing normalization with Israel includes legal articles that will cause great harm to foreign .investment in Iraq, which will increase economic difficulties, according to it
And financial expert Mahmoud Dagher adds other reasons, which are that Iraq is witnessing political problems that hinder the formation of the government and the approval of the country's general budget, which means a crisis in dealing with the Iraqi economy, which prevents Iraqis .from benefiting from the large financial returns
As for the former member of the Parliamentary Finance Committee, Ahmed Hama Rashid, he believes that the main reason for Iraqis not benefiting from the financial abundance is due to the lack of productive economy growth inside the country, which is the main driver of internal growth due to the provision of job opportunities, pointing out that Iraq is witnessing an increase in financial revenues with The continued decline of the productive economy, according to his .opinion
Rashid adds to Al Jazeera Net that there is no productive sector that contributed to the increase in the growth rate announced by the International Monetary Fund, and therefore Iraq can buy US treasury bonds or any other country with a small profit margin without being able to invest money internally, describing economic growth as a "bubble." economic”, which leads to Iraq .remaining among the countries with a fragile economy unless it addresses its structural problems
As for the government, the appearance of Muhammad Salih, economic advisor to the Iraqi Prime Minister, believes that there are no positive repercussions in the Iraqi street unless the country’s general budget is approved, which includes social and investment expenditures, especially since it is hoped that the value of the country’s general budget, if approved, will reach 200 trillion dinars, .equivalent to $136 billion, up from $90 billion in the 2021 budget
And the Iraqis remain hostages of political positions that keep them from benefiting from the large financial revenues that Iraq has enjoyed, especially with the rise in oil prices and the .increase in the volume of Iraqi oil exports to a record level in the past months
Oil prices drop as investors take profits before the OPEC + meeting
Oil prices fell today, Thursday, as investors reaped the latest recovery with major producers meeting later in the day to pave the way for expected increases in production.
Brent crude fell $2.09, or 1.80 percent, to $114.20 a barrel at 04:43 GMT, after rising 0.6 percent the previous day.
US West Texas Intermediate crude fell $2.26, or 1.96 percent, to $113.00 a barrel, after rising 0.5 percent on Wednesday.
Benchmarks have been climbing higher for several weeks as European Union and United States sanctions against Moscow over its invasion of Ukraine squeeze Russian exports, and China's gradual exit from strict COVID-19 lockdowns further supports prices.
However, the rise of the US dollar led to a decline in oil prices on Thursday as it makes crude oil more expensive for those holding other currencies.
Five sources in OPEC + said yesterday, Wednesday, that OPEC + is ready to stick to its modest monthly increases in oil production, despite the tightening of global markets.
Two sources from OPEC + said that an OPEC + technical committee cut its forecast for the oil market surplus in 2022 by 500,000 barrels per day to 1.4 million barrels per day.
Demonstrators are active in organizations in preparation for the establishment of parties on the ruins of an extension
Field sources reported, Wednesday, June 1, 2022, that civil activists have started organizing .political cells and organizational groupings that are as close as possible to the structure of parties A demonstrator compares what is happening to the secret cells that the parties used to form during periods of .underground work
According to activists contacted by the obelisk, the reason for this is due to the demonstrators' fear of harassment, as well as the competition among them, referring to the chaos of gatherings and quarrels, and mutual accusations of .receiving funding from influential and external parties
In Baghdad, Basra, Dhi Qar and Babil, activists gather in groups that started virtual social communication and moved .to the field
Political sources from within the civilian community revealed, according to published media reports, that the past two months witnessed the establishment of several new blocs with which dozens of activists interacted, most notably the ."Liberal Destiny" and "Ambition" parties
An activist told Al-Masala that the emerging movements are also seeking to pull the rug out of the civil "extension" .movement, which managed to grab 9 parliamentary seats, but "betrayed" the demonstrators, as he put it
Writer and researcher in political affairs, Zaid Al-Issa: Parties and personalities took advantage of the popular demonstrations and climbed on the shoulders of the demonstrators and formed the most corrupt government that .Iraq witnessed
However, activist Ammar Khudair speaks on Twitter that, after engaging in more than four actual tasks to form new partisan experiences between 2016 and 2021, with civil and democracy the most important pillars in them, I reached .a complete conviction that the attempt with such pillars in Iraq is a failed story
And he went on: What I understood was that parties should be formed with specific ideas that would give them a little .internal democracy to work
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