Home
An economist warns against betting the time and the return of high oil prices to cross the financial crisis
10:00 - 04/24/2020
[You must be registered and logged in to see this link.]
The information / special .. He
warned the economist, Mohamed Attia Al-Saadi, Friday, against betting on time and the return of high oil prices to cross the current financial crisis the country is going through, criticizing at the same time the state is failing in dealing with the file of low oil prices.
Al-Saadi said in a statement to "Information", that "the state has no solutions or vision in dealing with the upcoming crisis," noting that "betting on time in high oil prices is a losing bet, because the world may suffer for several months from an economic recession and a near-total halt for most factories. In the world".
He added that "the world today is witnessing a decrease in fuel consumption due to the interruption of movement in planes, trains and means of transportation", calling at the same time "the government to take rapid measures to revitalize the agricultural sector, reduce expenditures, cut financial allocations and legalize the salaries of officials."
Al-Saadi warned of the "compulsory saving step and its impact on a large segment of employees with low salaries." 25 n ended
warned the economist, Mohamed Attia Al-Saadi, Friday, against betting on time and the return of high oil prices to cross the current financial crisis the country is going through, criticizing at the same time the state is failing in dealing with the file of low oil prices.
Al-Saadi said in a statement to "Information", that "the state has no solutions or vision in dealing with the upcoming crisis," noting that "betting on time in high oil prices is a losing bet, because the world may suffer for several months from an economic recession and a near-total halt for most factories. In the world".
He added that "the world today is witnessing a decrease in fuel consumption due to the interruption of movement in planes, trains and means of transportation", calling at the same time "the government to take rapid measures to revitalize the agricultural sector, reduce expenditures, cut financial allocations and legalize the salaries of officials."
Al-Saadi warned of the "compulsory saving step and its impact on a large segment of employees with low salaries." 25 n ended
[You must be registered and logged in to see this link.]
» Militia Man & Crew An economic expert explains the importance of Iraq's gold reserves
» The Minister of Resources announces the immediate implementation of the critical part of the Basra P
» Prime Minister: We call for the establishment of a regional grouping that includes the countries of
» Advisor Al-Rikabi: Al-Sudani at the United Nations calls on the world to cooperate to recover those
» Al-Sudani: The Iraqi decision is national and does not implement the wishes of America, Iran, or Tür
» Al-Sudani reveals the latest details of the cessation of the region’s oil via Turkey and clarifies t
» Saleh reveals an important “advantage” of the development path
» Al-Sudani declares Iraq's commitment to all international agreements and calls on neighboring countr
» “Before 2003”.. Al-Sudani: We do not deny the existence of relations of some political forces with c
» Al-Sudani: Within two years, we will depend on Iraqi gas to operate power stations
» Al-Sudani talks about projects that “will change the shape of Iraq” with a new and diversified econo
» Al-Sudani: We plan to be a gas exporting country, and it is time for American companies to enter the
» With the euphoria of oil...the World Bank advises Iraq to be careful with its budget and warns of a
» Al-Sudani: We are working to organize the 2023 Baghdad Conference for economic integration and regio
» Al-Sudani: There are fears among some Iraqi components about returning to the presidential system
» Al-Sudani: Fears among components about the return of the presidential system and the theft of the c
» Iraqi official: Al-Sudani asked the Iranians in New York to ease the pressure
» A parliamentarian sends an invitation to the Council of Ministers regarding Kurdistan’s debts (tweet
» Sudanese Advisor: Iraq will defend its vision on oil prices to ensure the stability of the global ec
» Al-Sudani talks about projects that “will change the shape of Iraq” with a new and diversified econo
» Artificial crises fill the pockets of corruption parties.. “Ali Baba’s Cave” is an example
» Al-Sudani from New York: The Development Road Project constitutes an effective space available for i
» The Foreign Minister talks about the Iraqi-American discussions and the reality of the agreement wit
» Fear of exploiting political money in elections
» Iraq confirms its support for multilateral dialogue within the framework of the United Nations
» Al-Sudani talks about an existential challenge in Iraq: We went through a painful experience
» International Monetary Fund: Dependence on oil and corruption threaten Iraq's future
» Identifying the parties behind the rise in the exchange rate in the parallel market
» Al-Sudani to the heads of American companies: Iraq is prepared to attract all types of investments
» Al-Sudani: We are preparing a draft of the economic reform law and concluding a trade and investment
» Hussein: We discussed with Washington linking the market and the dinar to the dollar... and it revea
» Al-Sudani calls on Malaysia to contribute to development... and his counterpart invites him to visit
» Parliamentarians: There is almost an agreement between representatives, especially bloc leaders, to
» Al-Muttalabi: Al-Kadhimi moves between countries, and the Iraqi judiciary issued a recruitment warra
» Revealing the volume of trade exchange at the Al-Qaim border crossing with Syria
» Parliamentary Finance: The issue of increasing the salaries of retirees depends on this point
» Al-Sudani: The wrong path in wasting burned gas will stop within 2-3 years
» The overthrow of two high-ranking government impersonators
» Parliamentarian: The interest of Kurdistan requires him to deal positively with Baghdad
» To zero in on crises...a political vision on the importance of knowing the numbers of Kurdistan empl
» Al-Sudani: Within two years, we will depend on Iraqi gas to operate power stations
» Al-Sudani talks about the importance of restoring the relationship between Iran and America
» Parliament sets 3 months to restore the dollar exchange rate to its official rate
» Al-Abadi: This is why I joined the third blocking against Muqtada al-Sadr's project
» Al-Khazali discusses with the Russian Ambassador the maintenance of military equipment in the Minist
» His popularity is rising and the return is a “mortgage” decision.. Will Al-Sadr “take revenge” or re
» Erbil's "arrogance" strikes the Kurdish citizen, and the secession referendum "weakens the region"
» The highlights of the press interview conducted by Prime Minister Muhammad Shiaa Al-Sudani, in New Y
» Minister of Labor: Nearly 800 million dollars a month are given to foreign workers in Iraq
» Al-Sudani holds a meeting with the American Chamber of Commerce in New York
» The launch of the 32nd session of the Executive Committee of the Arab Parliamentary Union in Baghdad
» Iraq faces drought by digging hundreds of wells: drinking water is a priority
» Barzani agrees with the international coalition that those liberated from ISIS must be rehabilitated
» Integrity: Six years imprisonment for impersonating work in the Authority
» Oil confirms the obligation of foreign companies to adopt Iraqi workers at a rate of more than 85%
» The arrest of someone impersonating the relatives of the Prime Minister and the Secretary-General of
» Al-Abadi comments on Kirkuk and reveals the reasons for the increase in dollar prices
» Al-Sudani: The relationship between Iraq and America cannot remain limited to the security aspect
» The Iranian President expresses his position on the security agreement with Iraq
» Al-Sudani sends messages to Turkey, Iran and the Russian tourist and calls an existential danger t
» Iraq is studying a draft regulation for smart applications
» Vice: Traders’ refusal to enter the platform caused the dollar crisis
» An economist explains the reasons for delaying the implementation of the general budget
» Minister of Labor: Mafia in the Ministry blackmails beneficiaries in exchange for speeding up the re
» Al-Sudani: The meeting is being arranged with Biden, and we will call for the formation of an intern
» In the document: administrative changes in Rafidain Bank that contradict the decision of the Ministe
» The Sudanese government agrees with an Israeli international financing institution to rehabilitate B
» The Gulf Cooperation Council abandons cooperation and supports Kuwait at the expense of Iraq
» Observers: The rise of the dollar will not stop, and most travelers resort to the parallel market
» Experts: Hard currency speculation and smuggling threaten the value of the Iraqi dinar
» Al-Sudani: We are awaiting the actions of the Turkish side to resume exports through Kurdistan
» The US House of Representatives will hold a session next week to cancel the authorization for the in
» The Service Council extends the period for updating and confirming the data of certificate holders a
» Israeli-American protest about Tsurkov: The Iraqi government must feel responsible
» Minister of Water Resources: The marshes need approximately 6 billion cubic meters of water as a min
» Disclosure of an expected increase of 100 thousand dinars for the salaries of this category
» Al-Sudani: Within two years, we will depend on Iraqi gas to operate power stations
» A deputy reveals the imminent decline in the price of the dollar after the Washington meetings
» What is the relationship between the agreement between Baghdad and the region?.. Elekti accuses Turk
» Jordan holds Iraq responsible for postponing the electrical connection and determines who is disrupt
» “When is the payment due?”.. A new comment regarding visiting the salaries of a group of retirees
» The Iraqi Chambers of Commerce and the Japanese JICA discuss developing the private sector
» Al-Abadi: The success of the current government does not depend on pleasing America
» 9/19/23 Militia Man & Crew Iraq Dinar - Militia Man & Angel1 - Update on Iraq's Progress - Al-Suda
» 9/21/23 Militia Man & Crew IRAQ DINAR - Global Financial System - Liquidity = INTERNATIONAL EXCHA
» Parliamentary integrity aims at the governor of the Central Bank: his management is bad and his mand
» Parliamentary Services: The government is continuing to complete the New Sadr City project
» Minister of Oil: We give exceptional attention to the development of national companies and the nati
» The Prime Minister's advisor explains the spending priorities in the budget
» Parliamentary hosting of the Chairman of the Retirement Authority regarding overcoming obstacles and
» Sheikh Al-Karbalai: We seek to return Iraq to what it was before in a number of sectors, including h
» The representative of the Emir of Kuwait meets Al-Sudani: The Iraqi judiciary committed a historical
» Al-Sudani: We will direct quantities of oil to operate Iraqi refineries abroad
» Al-Sudani confirms Iraq's commitment to Security Council resolutions related to Iraq and Kuwait
» Washington played a role in the salary agreement between Baghdad and Erbil
» Foreign Minister: Iraq opened the doors of the economy to Gulf investment, and there are clear misun
» Planning discloses the details of the Baghdad-Babylon road project.
» Al-Sultani reveals violations of the number of employees in Kurdistan