April, 2022 - Iraq Bulletin

Manufacturing in China continues to deteriorate as lockdowns persist

EditorApril 30, 2022

April 30, 2022

A survey released on Saturday showed that the manufacturing sector in China fell to a six-month slump in April due to lockdowns that were carried out in Shanghai and other manufacturing hubs in the wake of COVID-19 outbreaks that were reported in the country. On a 100-point scale, the country’s......

Business

Dow plunges 900 points, Nasdaq suffers worst month since 2008

EditorApril 30, 2022

April 30, 2022

The US stock market plummeted on Friday, with the Nasdaq marking its worst month since October 2008 and the S&P notching its worst month since March 2020 at the onset of the Covid pandemic. The tech-heavy Nasdaq fell 4.2%, dragged down by Amazon (AMZN), which dropped nearly 15% after it......

News

Biden proposes $33 billion to help Ukraine during this war

EditorApril 29, 2022

April 29, 2022

US President Joe Biden asked Congress for $33 billion for military, economic, and humanitarian assistance – but insisted that the US was not attacking Russia. US lawmakers should approve the deal, which Biden said would aid Ukraine in defending itself. Military aid in excess of $20 billion, economic aid to......

News

Al-Halbousi discusses Iraqi political developments with UN

EditorApril 29, 2022

April 29, 2022

The Iraqi Speaker of Parliament, Muhammad Al-Halbousi, discussed today, Thursday, with the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennis-Plasschaert, the developments of the political situation in the country. Al-Halbousi received the Special Representative of the United Nations in Iraq, Jenin Hennis-Plasschaert. He emphasized the......

Business

Three Iraqi gains expected at IMF and World Bank meeting

EditorApril 28, 2022

April 28, 2022

Haitham al-Jubouri, the Technical Adviser to the Iraqi Prime Minister, identified the most significant proposed projects for Iraq, which are expected to be discussed with the IMF and the World Bank at the next meeting in Baghdad. It will be possible for Iraq to achieve three gains, as well as......

News

Iraqi Ministers discuss Baghdad Civilizations Forum

EditorApril 27, 2022

April 27, 2022

As part of the ongoing preparations for holding the Forum of Ancient Civilizations in its fifth edition, scheduled for Baghdad in the last quarter of 2022, Iraq’s Foreign Minister Fouad Hussein met on Wednesday with the Iraqi Minister of Culture, Tourism, and Antiquities Hassan Nadhim. The two discussed preparations for......

Business

Tesla stock plummets 11 percent after Musk Twitter deal reports

EditorApril 26, 2022

April 26, 2022

Tesla’s stock dropped 11 percent after the announcement of Elon Musk’s Twitter deal. Investor concerns with Musk’s $44 billion purchase of Twitter may explain some of the decline, as the decline came just one day after the board approved Musk’s acquisition deal. If the deal closes, Musk will be responsible......

Business

A project to drill 20 oil wells in Dhi Qar is underway in Iraq

adminApril 26, 2022

April 26, 2022

The Iraqi Drilling Company announced on Tuesday that drilling for 20 oil wells will begin today in Dhi Qar. Basim Abdul Karim, the company’s general manager, said the technical and engineering staff have begun drilling the first oil well in the Nasiriyah oil field. This is under the contract concluded......

Health

Beijing authorities begin mass testing as COVID-19 spikes

EditorApril 26, 2022

April 26, 2022

In response to a spike in COVID-19 cases in the Chinese capital Beijing, the city has started mass testing for its millions of residents. In Beijing’s Chaoyang district, 26 cases have been reported over the weekend, the highest number so far in this recent outbreak. It is believed that the......

News

Al-Zamili stresses the need to control the border with Syria

EditorApril 25, 2022

April 25, 2022

Hakim Al-Zamili, the First Deputy Speaker of the Iraq House of Representatives, said Monday that oil smuggling and terrorist infiltration can be prevented by securing the common borders. In a meeting with the Syrian ambassador to Iraq, Sattam al-Dandanh, in the presence of Representative Ahmed al-Zamili, the First Deputy Speaker......