Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


ECONOMIST: IRAQ IS BITTEN FROM THE SAME HOLE SEVERAL TIMES

rocky
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Join date : 2012-12-21

ECONOMIST: IRAQ IS BITTEN FROM THE SAME HOLE SEVERAL TIMES Empty ECONOMIST: IRAQ IS BITTEN FROM THE SAME HOLE SEVERAL TIMES

Post by rocky Sat Sep 24, 2022 8:06 am

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ECONOMIST: IRAQ IS BITTEN FROM THE SAME HOLE SEVERAL TIMES
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[You must be registered and logged in to see this link.]27 minutes ago12


Today, Saturday, the economist Nabil Al-Marsoumi warned of the impact of the noticeable decline in oil prices on public expenditures in Iraq.
"The drop in the oil price to $86 per barrel means that Iraq is close to the danger zone," Al-Marsoumi said in a statement, a copy of which was received by the news agency.
He explained, "Iraq needs a price of $80 a barrel and exports up to 3.3 million barrels per day in order to obtain oil revenues of up to 140 trillion dinars, which are sufficient with non-oil revenues to cover the requirements of public expenditures, which rose by 25 trillion dinars this year as a result of the legislation of the Food Security Law." .
Oil prices closed with big losses last week, with oil prices falling globally after the US Federal Reserve raised interest rates, which warns of a global economic recession.
Basra Heavy crude closed in its last session on Friday, down $2.62 to $79.10, but it recorded a big weekly loss of $5.06, equivalent to 4.22%.
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    Current date/time is Thu Dec 01, 2022 7:37 pm