Browsed by
Tag: china

Gold Prices Fell after marking its Highest Level in Past 6 Years

Gold Prices Fell after marking its Highest Level in Past 6 Years

Gold prices have shown their highest level in at least past 6-years on Tuesday. Most investors backed off from more sensitive assets because of concerns surrounding Hong Kong protests and the collapse of the Argentine currency following fears of a Global Economic Slowdown. The spot gold rose 0.3% to 1515.56 U.S dollars/ ounce at 0518 GMT, after hitting its highest level since April 2013 at 1518.03 U.S dollars. The U.S gold futures rose 0.6% to 1,526.90 U.S dollars/ ounce. Hong…

Read More Read More

International Oil Price increase to benefit oil producers including Iraq

International Oil Price increase to benefit oil producers including Iraq

The oil prices hit their highest levels on Monday since November 2018. The current increase was due to OPEC-led supply cuts and U.S sanctions on Venezuela, and Iran. The International Brent crude futures were at $66.66 per barrel at 0746 GMT. It is up 41 cents or 0.6% from their last close. Brent earlier climbed to its highest since November 2018 at $66.78 a barrel. The WTI (U.S West Texas Intermediate) crude oil futures were at $56.07 per barrel up…

Read More Read More

Iraq and China Have Signed Five Agreements

Iraq and China Have Signed Five Agreements

Iraqi Dinar 123 News:– On Tuesday, the signing ceremonial event for five agreements between Iraq and China took place in Beijing, China. It is said that five agreements have been signed on diplomatic, energy, economic, technological and military, in the presence of Chinese Prime Minister and Iraqi Prime Minister, and ministers from both sides. It is said that first agreement includes appreciative cooperation in order to shape up the economic belt of Silk Road and Maritime Silk Road twenty century….

Read More Read More

Iraq Has Planned To Sign An Agreement With China For The Industry Sector

Iraq Has Planned To Sign An Agreement With China For The Industry Sector

Iraqi Dinar 123 News:– Iraqi Ministry of Industry and Minerals has issued a statement that Iraq and China are planning to sign an agreement to participate in the field of military industries. The source said that Iraqi Industry Minister Muhammad Darraji brought together at the ministry’s headquarters with a Chinese delegation. China Enterprise Confederation, CEIEC and Star Anturnhinal Company represented the Chinese delegation headed by Kolff. They met together in order to discuss conceivable participation of these Chinese companies for…

Read More Read More

A decline in the price of oil, U.S.

A decline in the price of oil, U.S.

A DECLINE IN THE PRICE OF OIL, U.S. Decline in U.S. crude oil prices about a dollar a barrel, under pressure from expectations of growing inventories and falling demand for diesel with the decline of extreme cold weather. dropped the price of crude Brent also with increasing signs of slowing growth in China, despite being supported by a decline in oil production in Libya and South Sudan. poll showed that commercial crude oil inventories in the United States rose last…

Read More Read More

Gold retreating from the “highest level”

Gold retreating from the “highest level”

GOLD RETREATING FROM THE “HIGHEST LEVEL” (Independent) .. Gold continued to decline, on Thursday, after volatile trading in the previous session and the market slowdown indicates that the makers of ornaments and investors are waiting for the fall in prices. More after recording the highest level in four months. The price of gold rose more than ten percent since the beginning of the year amid uncertainty about the pace of the U.S. economic recovery and concerns about gro wth in…

Read More Read More

Zebari: the growth of trade with China and 20 times

Zebari: the growth of trade with China and 20 times

ZEBARI: THE GROWTH OF TRADE WITH CHINA AND 20 TIMES ITS SIZE REACHED 24 BILLION DOLLARS Announced Hoshyar Zebari, Minister of Foreign Affairs, on Sunday, the high volume of trade with China to 20-fold to 24 billion dollars. Arrived, Wang Yi, the Chinese foreign minister, Baghdad yesterday morning as part of an official visit. Zebari said at a press conference with Yi, The State of China today is the largest trading partner of Iraq, and the largest investor in the energy sector such as oil, electricity…

Read More Read More

Development is Main Dependent on Export of Iraq

Development is Main Dependent on Export of Iraq

The export business has always remained lucky in Iraq. Iraq has very huge oil reserves that are enough for getting out Iraq from the financial crises. Every year Iraq exporting oil to many countries. There are also many other things that Iraq is exporting. Iraq’s main exports include food, different kinds of medicines, and a lot of other manufactures. Oil has alone made huge revenue for the country. Almost 85% export relies on oil. The main partners, which are the…

Read More Read More