A rising oil .. oil descending
12/20/2016 0:00
[rtl]Days ago mourned Abdul Rahman Al - Rashed Saudi writer known «welfare state» Saudi Arabia. Prior to Saudi Arabia over the welfare of the state of which she began UAE similar action to curb the extravagance and waste. This came shortly after the announcement of the creation of the Ministry for «happiness». It is clear that the UAE «Andrepett» named after that become landmarks such as Burj Al Arab and Burj Khalifa proverbial. The most indispensable of all the Gulf states of Qatar and busy fairy preparations to organize the World Cup football tournament in 2022 is beginning to take precautionary measures in terms of the face of declining oil prices and the impossibility of a return to the magic number , which attained prices years ago , a $ 140 per barrel.
I do not know if it was a ghost «Cities of Salt» - a description which was launched late novelist Abdul Rahman Munif the Gulf states in the famous Khmasath - began overlooks again or she will race against the clock for economic reform and opening up social can be a substitute for the state oil. This is all the Gulf countries .. what about the «vast land» Iraq with immortals rivers and fertile land arable barley even palm passing through all kinds of fruits and vegetables , which we now we import from neighboring and non - neighboring countries , countries because of differences in prices and cost of production?
In addition, the Iraqi subsoil is still mine for various metals of copper, sulfur, gas, tin and many even assuming that the oil era is over or nearly whether crowding out of shale oil his or alternatives such as clean energy like the sun, wind and other alternatives that are held for which global summits appearance Protection of the environment and even human race. Almnackheon has started alarm bells ringing about the problem of global warming and depletion of natural resources in relation to the growing numbers of people who become narrowed their planet.
Iraqi our indicators are still far from the concept of well - being enjoyed by others who started thinking about how it would be less happy than they were, not how they can afford some sort the issue of salaries which constitute more than 70 percent of guesses budgetary space and our oil revenues. The thinking is no longer linked to the decimal or five - year plans , or even yearly much as it is linked to oil prices Stock Exchange , which became known to every Iraqi eye on last month and how many can enter the Ministry of Finance of the money.
Since the budget approved by Parliament at a price of $ 42 per barrel of oil in case it was announced skip the oil price threshold of $ 50 a barrel , we insure that salaries are still «red line» as some deputies statement like this. While if the dollar fell below the fifty , he is no longer a choice but to go towards the World Bank as one of the options skip the red line problem, or withdrawal of central bank reserves and is someone who eats the flesh. In any case this is the case of «does not know its actions.» [/rtl]
[rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=128434[/rtl]
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