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December 5, 2023

The Currency Auction.” The Central Bank of Iraq transfers more than $185 million to strengthen foreign funds

Shafaq News / Foreign remittances at the central bank auction rose on Tuesday 89% at the expense of cash sales to $185 million. The correspondent of the Shafaq News Agency […]

November 28, 2023

Finance announces the launch of the second issuance of reconstruction bonds worth more than one trillion dinars

Economy News – Baghdad The Ministry of Finance announced on Tuesday the launch of the second issue of reconstruction bonds worth more than one trillion dinars. The ministry said in […]

November 25, 2023

More than a billion dollars in sales from the Iraqi Central Bank within a week

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than one billion dollars. Shafaq News Agency […]

November 6, 2023

More than 167 thousand for 100 dollars…a significant increase in dollar prices in Baghdad and Erbil

Shafaq News/ Dollar prices rose significantly in Baghdad, on Monday, and in Erbil, the capital of the Kurdistan Region, with the closure. Shafaq News correspondent said that dollar prices rose […]

November 4, 2023

The Trump-DeSantis rivalry grows more personal and crude as the GOP candidates head to Florida

KISSIMMEE, Fla. (AP) — Former President Donald Trump is expanding his support in Florida as he seeks to bury the presidential ambitions of Gov. Ron DeSantis in their shared home state. Trump in recent […]

October 29, 2023

More than 100 billion dinars fines of the Central Bank of Iraq on banks and exchange companies

Shafaq News / The Central Bank of Iraq announced on Sunday that the fines imposed on banks and non-banking institutions ( exchange companies) amounted to more than 104 billion Iraqi […]

October 29, 2023

Trump is returning to Iowa on Sunday for his eighth campaign stop in little more than a month

DES MOINES, Iowa (AP) — Donald Trump will headline his eighth campaign event in Iowa in a little more than a month on Sunday as part of the former president’s accelerated fall schedule leading up to […]

October 28, 2023

More than $996 million in sales from the Central Bank of Iraq within a week

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than 996 million dollars. Shafaq News Agency […]

October 25, 2023

Iraq achieved more than $9 billion in financial revenues from the sale of oil during the month of September

Shafaq News/ The Ministry of Oil announced, on Wednesday, the total oil exports and revenues achieved for last September, which exceeded 9 billion US dollars. According to the final statistics […]

October 25, 2023

Iraq achieved more than $9 billion in financial revenues from the sale of oil during the month of September

Shafaq News/ The Ministry of Oil announced, on Wednesday, the total oil exports and revenues achieved for last September, which exceeded 9 billion US dollars. According to the final statistics […]

October 20, 2023

An economic institution indicates that assets in 8 Iraqi banks have risen to more than 13 trillion dinars

Shafaq News/ The “Future Iraq” Foundation concerned with economic affairs said on Friday that the assets of 8 private Iraqi banks had risen over the past five years to more […]

October 19, 2023

Powell: Strong economy may need more restraint, but bond markets are helping

By Howard Schneider and Michael S. Derby NEW YORK (Reuters) -The U.S. economy’s strength and continued tight labor markets could require still tougher borrowing conditions to control inflation, Fed Chair […]

October 19, 2023

Powell: Strong economy may need more restraint, but bond markets are helping

By Howard Schneider and Michael S. Derby NEW YORK (Reuters) -The U.S. economy’s strength and continued tight labor markets could require still tougher borrowing conditions to control inflation, Fed Chair […]

October 17, 2023

Republicans reject Rep. Jim Jordan for House speaker on the first ballot, but more votes are ahead

WASHINGTON (AP) — Republicans rejected Rep. Jim Jordan for House speaker on Tuesday on the first ballot, as holdouts denied the hard-charging ally of Donald Trump the majority needed to seize the […]

October 14, 2023

More than $801 million in sales from the Central Bank of Iraq in a week

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than 801 million dollars. Shafaq News Agency […]

October 14, 2023

More than $801 million in sales from the Central Bank of Iraq in a week

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than 801 million dollars. Shafaq News Agency […]

October 13, 2023

Some want to grant temporary House speaker more power as Republican gridlock stalls Congress

WASHINGTON (AP) — When Rep. Patrick McHenry took the House speaker’s gavel for the first time, he slammed it down with such force at adjournment that it gained viral internet attention as […]

October 7, 2023

Biden faces more criticism about the US-Mexico border, one of his biggest problems heading into 2024

MIAMI (AP) — The ad sounds like something out of the GOP 2024 playbook, trumpeting a senator’s work with Republicans to crack down on the flow of fentanyl and other […]

October 7, 2023

Biden faces more criticism about the US-Mexico border, one of his biggest problems heading into 2024

MIAMI (AP) — The ad sounds like something out of the GOP 2024 playbook, trumpeting a senator’s work with Republicans to crack down on the flow of fentanyl and other […]

October 4, 2023

Oil falls more than $3 on demand fears, Saudi confirms cuts to year-end

By Robert Harvey LONDON (Reuters) -Oil fell by over $3 a barrel on Wednesday, as demand fears stemming from macroeconomic headwinds offset pledges by Saudi Arabia and Russia to continue […]

October 3, 2023

Iraq exports more than 6 million barrels to America during the month of September

Shafaq News/ The US Energy Information Administration announced on Tuesday that Iraq’s oil exports to America amounted to more than 6 million barrels during the month of last September. The […]

October 2, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: More room for correction in October

The S&P 500 (SPX) recorded the fourth consecutive weekly drop candle after falling 0.7% last week. The index printed the lowest level since the end of May as stocks responded to another […]

September 27, 2023

More News, Rumors and Opinions

KTFA: Clare:  Al-Sudani directs the suspension of official working hours on October 3 9/26/2023 Prime Minister Muhammad Shiaa Al-Sudani directed that official working hours be suspended on the occasion of […]

September 24, 2023

Even the Fed is cutting jobs — for the first time in more than a decade

New YorkCNN —  Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep. The Federal […]

September 22, 2023

Real estate or Bitcoin: Which is more reliable?

Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment. On this […]

Real estate or Bitcoin: Which is more reliable?
Cryptocurrency
September 22, 2023

Real estate or Bitcoin: Which is more reliable?

Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment. On this […]

Real estate or Bitcoin: Which is more reliable?
Cryptocurrency
September 19, 2023

Why a Wall Street stock downgrade means more for your money than an upgrade

A fundamental imbalance exists between Wall Street “buys” and “sells.” For example, how should an investor interpret a recent upgrade of DoorDash stock and the downgrades of both Dropbox and […]

September 9, 2023

More News, Rumors and Opinions Saturday Afternoon September 09, 2023

How will Saudi Arabia accepting other currencies affect us Saudi Arabia was the US’s secret weapon. In 1945, the Bretton Woods Agreement made the US Dollar the main reserve currency […]

August 29, 2023

Former White House economic advisor says more Fed hiking is coming

The Federal Reserve will hike interest rates again, former White House economist Kevin Hassett said. Hassett, former chairman of the Council of Economic Advisers, said gas prices and CPI will […]

August 29, 2023

Former White House economic advisor says more Fed hiking is coming

The Federal Reserve will hike interest rates again, former White House economist Kevin Hassett said. Hassett, former chairman of the Council of Economic Advisers, said gas prices and CPI will […]

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