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mike alfred

Per Capita Income of Iraq is Increasing - 0 views

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    The World Bank survey report shows that the per capita income of Iraq people is rising with the every single passing day and therefore they are looking for new products that don't assist in the domestic market of Iraq. The different companies received several request to provide specific products that don't assist in the Iraq market and therefore they are looking to import such products from international market to fulfill the demand of the people.
mike alfred

The Benefit From The Past 10 Years of Economic Growth of Iraq - 0 views

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    The historic review of per capita income of Iraq shows the relations of Iraqi economy with fluctuations in the oil prices. Let's start from 1980, when oil crisis lead to the higher oil prices, which result in rise the per capita income of Iraqis which was $3453 as per the records of world bank.
mike alfred

Considerable Increase in Oil Exports And Revenues - 0 views

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    According to the member of the ministry of oil, Assem Jihad; the southern ports exported 75.7 million barrels during July through the ports off Basra while the exported barrels of oil from Baardat were 7.8 million barrels. The average sale price per barrel was 102.80 dollars per barrel. It was seen that the oil exports were quite low from the Kirkuk area, this proved to be a great boost to the economy of the country.
mike alfred

Iraq Plans to Export 2.4 Million barrels From Basra - 0 views

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    It was reported that Iraq plans to export 2.4 million barrels per day of crude oil to Basra in September which has previously been 2.2 million barrels per day. This idea would help in increasing the crude exports. Although there has been a constant fight going on in the northern part of the country regarding the world oil prices.
mike alfred

Iraq Exported Oil in July to Eight Billion Dollars - 0 views

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    Announced that the Iraqi Oil Ministry announced yesterday that the country's exports of crude oil rose in the (July) to 2.442 million barrels per day in an average of 2.423 million barrels per day in the previous month and issued a statement which drew that shipments from the northern Kirkuk oil fields are still parked.
mike alfred

The Central Bank Sales in Excess of 152 Million Dollars in Monday's session - 0 views

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    Sales of the Iraqi Central Bank declined at an auction, on Monday, on the sale and purchase of foreign currencies registered sale 152.534 million compared with 169.385 million dollars was recorded at an auction yesterday, and a stable exchange rate at 1166 dinars per dollar.
mike alfred

Oil prices in the OPEC basket rises gradually - 0 views

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    The prices of OPEC gradual rise inoil prices in the basket to record more than $ 106, noting that the rise is due to the low dollar and cold weather in the United States. The current week to a record 106 dollars and 11 cents earlier this month, 102 dollars and 45 cents per barrel.
mike alfred

Height of Iraq's oil exports from southern ports - 0 views

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    The exports amounted to 2.04 million barrels per day in January, when bad weather led to a delay in shipments will not announce Iraq's export rate in February before the end of the month, but Oil Minister Abdul Karim and coffee predicted taller.
mike alfred

HIGH DOLLAR SALES AT AUCTION WEDNESDAY - 0 views

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    Sales of the Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency on Wednesday to 218 million and 874 000 dollars, after it yesterday reached 207.178 million dollars at the exchange rate stable in 1166 dinars per dollar.
mike alfred

Kuwaiti And Iraqi Dinar to Have a New Value Soon - 0 views

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    A major reason in the Iraqi dinar is the history of Kuwaiti Dinar. At the time of invasion by Iraq, the Kuwaiti Dinar was sold at 3000 Kuwaiti dinar against a US dollar. The Kuwait regained its currency value back in the international market. The present value of Kuwaiti dinar is $3.55 per Kuwaiti Dinar.
mike alfred

Kurdistan Oil Stock Reaches 2.8 Million Barrels: Turkey - 0 views

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    The oil and energy ministry of Turkey announced that the Kurdistan oil stock at Turkey port has reached 2.8 million barrels with the export of 100,000 barrels per day. It shows that the performance of oil industry is so good in Kurdistan. Kurdistan with the cooperation of Iraq is exporting crude oil in the international market via Turkey.
mike alfred

Iraq to Remain The Second Largest Oil Producer - 0 views

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    Iraq is the second largest oil producer of the world with the 3.25 million barrels per day. Saudi Arabia with the 6.6 million barrel oil is at the top of the list. For the numbers of years Iran is in the quest of the position of Iraq in the international market. As far as my opinion is concern, the Iran is little late now.
mike alfred

Kurdistan Boycott Parliament Sessions on Budget Debate - 0 views

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    The oil policy defined in the annual budget is the main conflict between Baghdad and Kurdistan. According to this new policy, Kurdistan will have to export 400,000 barrels oil per day through Baghdad pipelines and in the failure, the 17% deduction will be made in the final budget of Kurdistan. Kurdistan is not ready to accept this term and consider as against the interest of Kurdistan.
mike alfred

Council of 17 And Revaluation of Iraqi Dinar - 0 views

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    Iraq is allowed to export its products in the European markets after this membership that was ban before. The economy of Iraq will definitely boost up after the membership because local and foreign investors will invest in the country more than ever. The oil ex[port will reach 7 million barrels per day by 2016 instead of 2017, the target set by Iraq.
mike alfred

Inflation Levels Get Low Worldwide - 0 views

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    It has been reported that the natural disaster affects the prices of food commodities. It was due to a weak economy that would affect the global inflation. As per Hafez global inflation the low levels of everything that showed the weak economy to show the hike in the food commodities.
mike alfred

CBI Dollar Sales Go Up Again - 0 views

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    As per the Press reports; the sales of the CBI dollar went up to 172.713 million dollars. The auction was done on Thursday in such a way that the sale and purchase of the foreign currencies was stable at the dinar rate of 1166 against the dollar.
mike alfred

Iraqi Oil Export Through Kurdistan Region to be Done - 0 views

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    Tatar Yaldiz, the Turkish energy minister told that exporting crude oil through Turkey will be favorable not only for Kurdistan but also for the Iraq. The Turkey Minister hoped that it can also be a good solution for recent tension between Kurdistan and Iraq government.
mike alfred

Iraq Achieves Tax Revenue Goals - 0 views

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    Iraq achieved the tax revenue goal for the year 2013-14, said Dr.Issam. The oil production of Iraq reached 3.25 million barrels as compare to the 2.6 million barrels per day in 2012. Iraq generates maximum revenue from export of oil in the international market that automatically enhanced the total government revenues and the total tax collection increased in the oil industry of Iraq.
mike alfred

Price Of Brent Crude Oil Settles - 0 views

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    The price of Brent crude oil settled below $ 60 per barrel on Friday which was a good thing for not just Iraq oil consumers but oil consumers over the world. With the prices receding countries like Iraq gain a lot of benefit as low prices attract more clients.
mike alfred

Oil Prices to be Stable at 55-60 - 0 views

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    Iraq is losing a lot of money with the sale of oil. Per barrel cost is less than what it should be and it is costing a loss of billion dollars to Iraq. The US and Brent crude oil costs more than $ 60 a barrel but due to the hike and decline in the prices of oil.
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