BREAKING NEWS: THE EUROPEAN CENTRAL BANK SAYS GOLD HAS OVERTAKEN THE EURO AS THE WORLD’S SECOND MOST IMPORTANT RESERVE ASSET FOR CENTRAL BANKS The pieces are starting to come together. […]
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Confidence in the U.S. will be shaken if Trump seeks to remove Powell as Fed chair
Inflation, recession and stagflation won’t be the only driving forces behind investment decisions if President Donald Trump attempts to remove Federal Reserve Chairman Jerome Powell from his perch atop the central bank before he […]
Wells Fargo says S&P 500 ‘will struggle to post gains early in 2024’
Speculation about a “Santa Claus rally” dominates financial discussions every December, irrespective of the market’s annual performance. Along these lines, Wells Fargo strategists remind investors that the S&P 500 Index has already […]
Supreme Court will hear a case that could undo Capitol riot charge against hundreds, including Trump
WASHINGTON (AP) — The Supreme Court on Wednesday said it will hear an appeal that could upend hundreds of charges stemming from the Capitol riot, including against former President Donald Trump. The justices […]
Parliamentary Finance: Government transactions in non-dollar currencies will contribute to stabilizing its official rate
Information/Baghdad.. The Parliamentary Finance Committee confirmed, on Tuesday, that the government’s move toward currencies other than the dollar in foreign dealings will contribute to stabilizing its official rate of 1,320 […]
Iraqi merchants will buy goods from Türkiye in dinars.. The Central Bank reveals the results of the Istanbul meeting
On Saturday, the Central Bank revealed the results of the discussions of the joint Iraqi delegation in Turkey, indicating that Iraqi merchants will buy goods from Turkey in dinars. A […]
An Iraqi delegation will head to Türkiye tomorrow to discuss the possibility of opening correspondent accounts for Iraqi banks
Shafaq News/ A government source said on Sunday that a Malian delegation will head to Ankara tomorrow, Monday, to discuss organizing trade exchange between Iraq and Turkey and stabilizing it […]
Economists criticize the Central Bank’s policy and determine the level at which the dollar will stabilize
On Saturday, economic experts criticized the financial policy of the Central Bank of Iraq, and while they expected the level at which the dollar would stabilize, their opinions differed about […]