December 10, 2023

More than 90 trillion dinars in cash are in circulation outside the banking system in Iraq

Shafaq News/ The Future Iraq Foundation for Economic Studies and Consultations counted, on Sunday, the local currency circulating outside the banking system in the country during the year 2023, and […]

December 9, 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 […]

December 7, 2023

Iraq and 4 Arab countries have more than one million tons of global gold reserves

Shafaq News / The World Gold Council announced on Thursday that Iraq and 4 Arab countries have more than one million tons of global gold reserves. “Iraq, Algeria, Egypt, Lebanon […]

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 […]

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 […]

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 […]