TNT
Harambe:
Reuters: Iraq will 'cooperate' with Siemens on power grid plan (11/29/19)
https://reut.rs/2VvSPVb
Reuters: Iran inflation could reach 40 percent this year as economy shrinks further - IMF
https://reut.rs/2IN5EV0
CNBC: US-China trade talks are in 'final laps', Treasury Secretary Mnuchin says
https://www.cnbc.com/2019/04/29/us-china-trade-talks-are-in-the-final-laps-steven-mnuchin-tells-nyt.html
Tishwash:
In anticipation of economic sanctions affecting ... Russia is looking to use local currencies with Iraq instead of the dollar
Iraq and Russia are seeking to use national currencies in commercial transactions instead of the US dollar.
"The use of national currencies has been discussed and placed on the agenda for future meetings," the daily Kommiarant said in a report.
"A program launched in Russia since 2018 aims to reduce the dependence of the Russian economy on the dollar, in anticipation of any economic sanctions that may be imposed by the United States, as this will reduce the impact of sanctions on the economic system in them," the COMESARNET said.
It is noteworthy that an Iraqi-Russian agreement stipulated the establishment of joint cooperation committees, which meet semi-annually, to achieve common economic benefits. link
Iraq is looking with China to re-activate the road to ensure the movement of goods easily
Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein discussed the re-activation of the belt road to ensure easy transport of goods between the countries of the region during his meeting with the Chinese fencer Zank Tao and the accompanying delegation.
"The deputy prime minister congratulated Tao on the occasion of his new position as ambassador of the People's Republic of China in Iraq," a statement from Hussein's media office said.
"During the meeting, they exchanged views on strengthening economic relations and developing trade balance between Iraq and China," the statement said.
"Zank Tao stressed the keenness of his country and Chinese companies and businessmen to participate in the reconstruction and construction campaigns and provide the necessary assistance to ensure oil for investment," the statement added.
The statement added that "the two sides discussed the importance of re-activating the road belt, what was called the Silk Road to ensure the smooth movement of goods and goods between the countries of the region."
He also reviewed the work of Chinese companies in Iraq and some obstacles to their work and the two sides discussed solutions to overcome these obstacles.
The meeting was attended by the Political Advisor, the Commercial and Political Attachés of the Embassy and the Advisor to the Committee on Economic Affairs. link
Source: Dinar Recaps
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Harambe:
Reuters: Iraq will 'cooperate' with Siemens on power grid plan (11/29/19)
https://reut.rs/2VvSPVb
Reuters: Iran inflation could reach 40 percent this year as economy shrinks further - IMF
https://reut.rs/2IN5EV0
CNBC: US-China trade talks are in 'final laps', Treasury Secretary Mnuchin says
https://www.cnbc.com/2019/04/29/us-china-trade-talks-are-in-the-final-laps-steven-mnuchin-tells-nyt.html
Tishwash:
In anticipation of economic sanctions affecting ... Russia is looking to use local currencies with Iraq instead of the dollar
Iraq and Russia are seeking to use national currencies in commercial transactions instead of the US dollar.
"The use of national currencies has been discussed and placed on the agenda for future meetings," the daily Kommiarant said in a report.
"A program launched in Russia since 2018 aims to reduce the dependence of the Russian economy on the dollar, in anticipation of any economic sanctions that may be imposed by the United States, as this will reduce the impact of sanctions on the economic system in them," the COMESARNET said.
It is noteworthy that an Iraqi-Russian agreement stipulated the establishment of joint cooperation committees, which meet semi-annually, to achieve common economic benefits. link
Iraq is looking with China to re-activate the road to ensure the movement of goods easily
Deputy Prime Minister for Economic Affairs and Minister of Finance Fuad Hussein discussed the re-activation of the belt road to ensure easy transport of goods between the countries of the region during his meeting with the Chinese fencer Zank Tao and the accompanying delegation.
"The deputy prime minister congratulated Tao on the occasion of his new position as ambassador of the People's Republic of China in Iraq," a statement from Hussein's media office said.
"During the meeting, they exchanged views on strengthening economic relations and developing trade balance between Iraq and China," the statement said.
"Zank Tao stressed the keenness of his country and Chinese companies and businessmen to participate in the reconstruction and construction campaigns and provide the necessary assistance to ensure oil for investment," the statement added.
The statement added that "the two sides discussed the importance of re-activating the road belt, what was called the Silk Road to ensure the smooth movement of goods and goods between the countries of the region."
He also reviewed the work of Chinese companies in Iraq and some obstacles to their work and the two sides discussed solutions to overcome these obstacles.
The meeting was attended by the Political Advisor, the Commercial and Political Attachés of the Embassy and the Advisor to the Committee on Economic Affairs. link
Source: Dinar Recaps
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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