Bondlady’s Corner – Iraq Economic News and Points to Ponder Monday Afternoon 10-23-23


Iraq Economic News and Points to Ponder Monday Afternoon 10-23-23

Tlm724 Administrator Bondlady’s Corner

Al-Sudani Rejects Targeting Foreign Forces In Iraq And Directs To Take Measures

The Commander-in-Chief of the Armed Forces, Prime Minister Muhammad Shiaa Al-Sudani, directed to follow up and track down the targets of the Iraqi bases that house the headquarters of the international coalition’s advisors.

The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasoul, said in a statement, “At a time when the Iraqi government has expressed, on several occasions, its condemnation of the Zionist aggression.”

 On the residents of the Gaza Strip, and repeated its calls to end the tragic conditions that our Palestinian brothers are suffering as a result of that aggression, which represents the firm principled position towards the struggle of the Palestinian people.

We also affirm our rejection of the attacks targeting the Iraqi bases, which include the headquarters of the international coalition advisors present in Iraq, upon an official invitation.

By the government, to continue their work in supporting the work of our security forces in terms of training, qualification and consultation, according to a clear mechanism that was established by the Iraqi official and diplomatic channels, with which the security and safety of those headquarters cannot be compromised.”

The Commander-in-Chief of the Armed Forces directed all security services to carry out their duties, implement the law, track and trace the elements carrying out these attacks, and not allow, under any circumstances, to harm the security and stability that were achieved thanks to the great sacrifices of the members of our armed forces, in their various types and formations.

The Ain al-Assad base in Anbar and Harir in Erbil were bombed by drones more than once, claimed by armed factions calling themselves the “Islamic Resistance in Iraq.”

Dollar Prices Exceed 161 Thousand Dinars With The Closure

Time: 10/23/2023 17:09:12 Read: 234 times  {Economic: Al-Furat News} The prices of the US dollar rose against the Iraqi dinar, today, Monday, in markets with the stock market closed

With the closure of the main Kifah and Harithiya stock exchanges in Baghdad, dollar prices recorded 161,000 Iraqi dinars against 100 dollars, while prices this morning were 160,300 dinars against 100 dollars.

Until the selling prices in the exchange shops in the local markets in Baghdad rose, as the selling price reached 162,000 dinars for 100 dollars, while the purchase price reached 160,000 dinars for 100 dollars.


Member Of The Oil And Gas Committee: Oil Prices Will Rise To More Than $150 Per Barrel

Monday 23, October 2023 Economical Number of readings: 260   Baghdad / NINA / Member of the Parliamentary Oil, Gas and Natural Resources Committee, Zainab Jumaa Al-Moussawi, expected today, Monday, that crude oil prices will rise in global markets during the next two months. Al-Moussawi said in a statement:

“Global oil markets are rapidly affected by changing conditions in different countries, specifically… The Middle East region.”

She explained: “There are two factors behind the rise in prices. The first is the Zionist war on the Gaza Strip in Palestine, and the second factor is the voluntary reduction in production countries, including Russia, Saudi Arabia and Iraq.” Al-Moussawi added: The two factors will affect the oil sector globally and

raise prices to More than $150 per barrel, which creates a financial surplus in the federal budget and we leave the country’s financial deficit.”/

Oil Prices Decline As Aid Convoys Arrive In The Besieged Gaza Strip

Energy   Economy News _ Baghdad  Oil prices fell on Monday, as aid convoys began arriving in the Gaza Strip at the weekend amid diplomatic efforts to contain the conflict between Israel and the Palestinian Hamas movement and prevent it from spreading on a wider scale in the oil-rich region.

Brent crude futures fell by more than a dollar to $91.14 a barrel, and US West Texas Intermediate crude futures fell by more than a dollar to trade at $87.03 a barrel by 2:13 GMT.

Last week, contracts rose by more than 1 percent in their second weekly jump in a row, amid fears of a possible supply disruption if the war between Israel and Hamas develops into a broader confrontation in the Middle East, the largest oil supply region in the world.

“Israel agreed to postpone its (ground) attack on Hamas after pressure from the United States,” ANZ Research said in a note to clients. “This reduced fears of the war spreading across the Middle East and supply disruptions.”

To ease pressure on already scarce supplies due to production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its partners, including Russia, the United States suspended sanctions on OPEC member Venezuela after the Venezuelan government reached an agreement with the opposition.   Views 65 10/23/2023 –

Nechirvan Barzani And The US Consul Express Concern About “Expanding Risks In The Middle East”

Political | 10/23/2023   Baghdad – Mawazine News  On Monday, the President of the Kurdistan Region, Nechirvan Barzani, exchanged views with the US Consul General to the Kurdistan Region, Mark Straw, about the latest developments in the situation in the region, the targeting of coalition forces, and security cooperation between Erbil and Baghdad.

According to a statement by the regional presidency, the two sides only expressed their concern about the possibility of expanding risks, tensions and repercussions in the Middle East and stressed the protection of coalition forces and diplomatic missions in Iraq and the Kurdistan Region, in addition to continuing security cooperation between the Peshmerga forces and the Iraqi army to protect stability.

Discussions on several issues of common interest were other topics during the meeting.

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Notes To Ponder on FEAR: 

93. I am convinced that the deepest desire within each of us is to be liberated from the controlling influences of our own psychic madness or patterns of fear. All other things-the disdain of ordinary life, the need to control others rather than be controlled, the craving for material goods as a means of security and protection against the winds of chaos-are external props that serve as substitutes for the real battle, which is the one waged within the individual soul. ~ Caroline Myss

94. If we let things terrify us, life will not be worth living. ~ Seneca

95. So now I know. I fear the unknown so deeply that I’d rather repeat the same heart-breaking pattern than face something or someone I can’t predict. ~ Valerie Frankel

96. But that inadequacy, or feeling of inadequacy, never really goes away. You just have to trudge ahead in the rain, regardless. ~ Lorrie Moore

97. Devour your fear. ~ Simon Holt

98. What frightens us today is exactly the same sort of thing that frightened us yesterday. It’s just a different wolf. This fright complex is rooted in every individual. ~ Alfred Hitchcock

99. Our tongues can’t compete with the rapid thinking of our brains, our words come out slow and slurred. The pen is our haven. There is a lot of fear buried into that little pen. It holds all of our agony, our torment, our blood and our heaven. ~ Coco J. Ginger

100. Most of us try to do too much because we are secretly afraid we will not be able to do anything at all. ~ Rick Aster

101. Of all the questions I have asked my readers this is the most important: What would you do if you weren’t afraid? When you finally give wings to that answer then you have found your life’s purpose. ~ Shannon L. Alder