Bondlady’s Corner – Iraq Economic News and Points to Ponder Wednesday Afternoon 10-3-23


Iraq Economic News and Points to Ponder Wednesday Afternoon 10-3-23

Tlm724 Administrator Bondlady’s Corner

Iraq And Jordan Are Discussing Joint Cooperation And Creating An Integrated Environment For Commercial Transactions

Money  and business   Economy News – Baghdad  Today, Wednesday, the Minister of Commerce, Atheer Al-Ghurairi, discussed with the Jordanian Ambassador to Iraq, Montaser Al-Zoghbi, the Chairman of the Amman and Jordan Chamber of Industry, and the delegation accompanying them, the prospects for joint cooperation between Iraq and Jordan, and creating an environment for trade exchange in accordance with international standards, overcoming obstacles, and in a way that serves their common interests.

 Al-Eqtisad News received it: “During the meeting, Minister Al-Ghurairi referred to the depth of relations between the two brotherly countries and the Iraqi government’s keenness, within its governmental program, to strengthen and develop economic and trade relations at various levels with Jordan.” Al-Ghurairi added, according to the statement, “The Ministry of Commerce is working today in accordance

with An economic vision in formulating the country’s trade policy to reach an ideal state for commercial dealings and exchanges with all countries of the world through activating joint committees and agreements to provide a suitable environment for investment and trade.”

The statement continued that the Jordanian delegation proposed a number of issues that hinder the movement of trade exchange, including the ratification of commercial documents and facilitating procedures for granting entry visas to construction and trade men.

In this regard, the Minister of Commerce directed the Department of Economic Relations to expedite the electronic transformation in certifying certificates of origin and in coordination with the Ministry of Foreign Affairs to participate through one window to certify the rest of the documents,

in addition to directing the exhibition company to provide facilities for Jordanian participation in the Baghdad International Fair, with an agreement to complete the procedures for establishing the commercial center . “The permanent Jordanian on the exhibition grounds.”

For his part, the Jordanian ambassador stressed his country’s keenness to consolidate joint economic and trade relations and increase the volume of trade exchange, in a way that serves the interests of the two friendly peoples of Iraq and Jordan, and to encourage the Jordanian private sector to enter into partnerships with the Iraqi private sector in promising investment and economic projects,

expressing his thanks for the facilities provided by the ministry. To increase the volume of exchange and overcome obstacles, indicating that the Jordanian participation this year is distinguished.

The meeting was attended by the Undersecretary of the Ministry of Commerce for Administrative Affairs, Sattar Al-Jabri, the general departments of the Department of Foreign Economic Relations, the Iraqi Exhibitions Company, the Assistant Director General of the Development Department, and a representative of the Ministry of Foreign Affairs.

 Views 55 10/04/2023 –   

With Broad Arab And International Participation…The General Trade Exhibition Will Be Opened Tomorrow In Basra

Wednesday 04, October 2023 12:05 | Economical Number of readings: 399  Basra / NINA / “The organizing company for the Basra International General Trade Exhibition announced its opening tomorrow, Thursday, for a period of ten days on the exhibition grounds in the port of Al-Maqal.

The relations and media official for the exhibition, Osama Majeed, told the National Iraqi News Agency / NINA / today, that the exhibition is being held with the participation of more than 140 people.” A company, from ten Arab and foreign countries, in addition to local companies.

He added, “The countries participating in the exhibition arrived in the city of Basra, and they are from Iran, Turkey, India, Pakistan, Egypt, Syria, Jordan, Algeria, Kuwait and Lebanon.

Majeed indicated that the official opening to the public will be at three o’clock in the evening tomorrow, Thursday, October 5th, indicating that the show times start from three o’clock in the evening until midnight./

The Central Bank Sells More Than $196 Million In Currency Auction

Economy News – Baghdad  Today, Wednesday, the Central Bank of Iraq’s sales in the foreign currency sales window amounted to more than 196 million dollars.

The Central Bank’s website published its dollar sales schedule, which Al-Iqtisad News reviewed. It included the participation of 23 banks and 82 exchange companies, and covered external transfer requests of 187 million dollars, while cash requests amounted to more than 9 million dollars.

The Central Bank of Iraq sells the dollar for documentary credits and international settlements for electronic cards at a price of 1,305 dinars per dollar, for every dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash.

Views 183 10/04/2023 –

Dollar Prices In Baghdad With The Closing On Wednesday Evening

Time: 10/04/2023 16:39:20 Read: 1,209 times   {Economic: Al-Furat News} The main stock market in Baghdad closed today, Wednesday, with the exchange rates of the US dollar against the Iraqi dinar rising slightly.

With the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, the dollar prices recorded 156,900 Iraqi dinars against 100 dollars, while the dollar prices this morning were 156,750 Iraqi dinars against 100 dollars.

Until the selling prices in the exchange shops in the local markets in Baghdad stabilized, as the selling price reached 157,750 dinars for 100 dollars, while the purchase price reached 155,750 dinars for 100 dollars.  LINK

Brent Crude Rises To $90.98 Per Barrel

Economy | 09:49 – 04/10/2023   Baghdad – Mawazine News  Oil prices rose in early Asian trading on Wednesday, supported by shrinking global crude supplies ahead of a meeting of a committee of OPEC+ ministers.

By 00:04 GMT, Brent crude futures rose six cents to $90.98 per barrel, while US West Texas Intermediate crude rose 11 cents to $89.34 per barrel.

The OPEC+ group, which includes the Organization of the Petroleum Exporting Countries and its allies, is expected to keep production policy unchanged when it meets today, Wednesday, after Saudi Arabia and Russia, which are members of the group, extended their production cuts until the end of the year.


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Points to Ponder From “Daily Reflections For Highly Effective People” By Stephen Covey

Our character – basically – is a composite of our habits —  Because they are consistent – often unconscious patterns – they consistently – daily – express our character and produce our effectiveness ……………. or ineffectiveness — p. 46

It becomes obvious that if we want to make relatively minor changes in our  lives — we can perhaps appropriately focus on our attitudes and behaviors — But if we want  to make  significant — quantum change – we need  to work on our basic paradigms — p. 31

Change — REAL CHANGE — comes from the inside out — It doesn’t come from hacking at the leaves of attitude and behavior with quick fix personality ethic techniques — it comes from striking at the root — the fabric of our thought – the fundamental – essential paradigms – which give definition to our character and create the  lens through which we see the world — p. 317

You can decide within yourself how circumstances will affect you — Between what happens to you or the stimulus – and your response to it — is your FREEDOM or POWER to CHOOSE that response — p. 69

The word proactive means more than merely taking initiative — It means that as human beings – we are responsible for our own lives — Our behavior is a function of our decisions – not our conditions — We can subordinate feelings to values — We have the initiative and the responsibility to make things happen — p. 71

If you’re proactive — you don’t have to wait for circumstances or other people to create perspective expanding experiences — You can consciously create your own — p. 131