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 Fri. PM KTFA News Articles #1   3/29/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Fri. PM KTFA News Articles #1 3/29/19

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Post by Ssmith on Sat Mar 30, 2019 9:50 am


Samson » March 29th, 2019

Halabousi calls on American companies to invest in Iraq: Conditions have become favorable

29th March, 2019

Speaker of the House of Representatives Mohamed Halboussi called on US companies to enter Iraq to invest in Iraq, saying that conditions were now "favorable".

The Information Office of the Speaker of the House of Representatives, in a statement received by Alsumaria News, a copy of him, "Halbusi accompanied by a parliamentary delegation met with the Republican majority leader in the Senate, Mitch McConnell," noting that "the meeting discussed bilateral relations between the two countries, and ways to strengthen them in the areas all". "The extremist terrorist organization is not only targeting Iraq, but targeting the world, and the international community must unite to fight it," the statement quoted Halbusi as saying.

He added that "Iraq made sacrifices on behalf of the whole world, and achieved the military victory with the blood of his sons and the support of friends, including the United States of America, and must defeat terrorism once and for all," noting that "there are pockets and sleeper cells still work, another challenge needs to continue cooperation between Iraq and its friends; to eliminate this organization and extremist ideology; for a prosperous, secure and stable Iraq. "

"One of the challenges we face is the return and stability of the displaced people and the provision of services to citizens," Halaboussi said, calling on "international and American companies to enter into investment." He explained that "Iraq needs two types of projects, including long-term oil and energy sector, including short and medium in the education, health and housing," noting that "the circumstances are now more favorable than any other time, and the economic partnership between the two countries must be strengthened Through projects that reach citizens directly. "

For his part, McConnell expressed "the commitment of the United States to support Iraq and respect its sovereignty as a strong ally away from any threat and threat, and work to build economic relations that serve the interests of the two friendly peoples."

The head of the Iraqi House of Representatives Mohammed Halboussi two days ago an official visit to the US capital Washington led a parliamentary delegation. LINK

Oil records the highest quarterly increase since 2009

2019/3/29 10:21

Oil prices rose on Friday on the back of OPEC-led supply cuts and US sanctions on Iran and Venezuela, putting crude markets on record for the biggest quarterly increase since 2009.

US $ 59.68 a barrel was up 38 cents, or 0.6 percent, from the previous settlement. US crude futures are up for a fourth week in a row and a 31 percent gain in the first three months of the year. London Brent crude was up 34 cents, or 0.5 percent, at $ 68.16 a barrel. Brent futures are set to gain a weekly gain of 1.7 percent and a 27 percent increase in the first quarter of this year.

For Al Khameen futures, the first quarter of 2019 was the best quarterly performance since the second quarter of 2009, when it rose nearly 40 percent. Oil prices have been supported since the start of the year by efforts by the Organization of the Petroleum Exporting Countries (OPEC) and allies from outside, such as Russia, in an alliance known as OPEC +, who pledged to reduce supplies by about 1.2 million barrels per day this year to support markets. US investment bank Jefferies said on Friday that the market could see a severe shortage in the third quarter of 2019. The price hikes prompted US President Donald Trump on Thursday to urge OPEC to boost output to cut prices. LINK

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