Browsing Tag
Iraq
14 posts
Iraq Stops Chinese Yuan Transactions Under US Pressure
Iraq recently stopped all bank deals using Chinese yuan, which has affected the country’s money matters. This move…
BRICS: Iraq Sides With US, Halts All Chinese Yuan Transactions
BRICS member China was pushing the Chinese yuan for trade transfers with Iraq and has now received a…
Oil Prices At Risk as U.S & Iran Drone Attacks Threaten Supply
Tensions between Iran and the U.S. took a new turn on Wednesday. A U.S. drone killed the commander…
BRICS: 8 Banks Ban U.S. Dollar Transactions
Iraq is moving in tandem with the BRICS philosophy as it banned eight banks from initiating transactions in…
BRICS: Iraq to Ditch US Dollar for Imported Goods
Iraq is considering establishing a free trade zone for selling imported goods in local currency, the Iraqi Dinar.…
Iraq Shows Interest To Join BRICS Alliance
Iraq expresses interest in joining the BRICS alliance and being a part of the global de-dollarization process. The…
Iraq Ready To Join BRICS After Banning Cash Withdrawals in US Dollar
Iraq’s Prime Minister Mohammed Shia Al Sudani has informally expressed his interest in joining the BRICS alliance. The…
Iraq to Ban All Cash Withdrawals in US Dollars
In a rather surprising development, Iraq has officially announced its intention to ban all cash withdrawals and transactions…
Ahead of BRICS Summit, Iraq Aims To Become World’s Largest Oil Producer
Saudi Arabia, the UAE, Kuwait, Iran, and Iraq, are among the top 10 most oil-producing countries in the…
BRICS: Iran Ditches U.S. Dollar for $10 Billion Trade With Iraq
The government of Iran is considering ditching the U.S. dollar for a $10 billion bilateral trade with Iraq.…