The country's exports grew by 16.5% in 2022-23, despite global economic uncertainties. This growth is attributable to growth in exports of electronic goods, petroleum products, agro and proc… Read More
Turkish President Recep Tayyip Erdogan touted his country's "special relationship" with Russian leader Vladimir Putin, speaking to CNN during an interview broadcast Friday. Erdogan said that… Read More
To "invest" in Iraqi dinars, it's the same as investing in any other currency. You purchase a certain amount of dinars and pay with the equivalent amount of U.S. dollars. Like buyi… Read More
We’re lucky to walk on a planet home to diverse cultures and rich history in every corner of it. We live in a big world that spans all the way from the frigid landscapes of Antarctica… Read More
SUMMARYThe KRG has lost over $1.5 billion in revenue due to the stoppage of oil flow through the Turkish pipeline at the Ceyhan Port. The KRG could default on certain debts… Read More
Ukraine's Foreign Minister, Dmytro Kuleba, has announced plans to open more embassies in Africa and host a summit with leaders from the continent. Kuleba is currently on a tour of Africa, wh… Read More
China's producer price index fell 4.6% in May, worse than expected and marking the steepest year-on-year drop in seven years, due to softening demand and falling exports. The country has mai… Read More
China had the highest demand for Iraqi oil in May, as they purchased 37.77 million barrels of it – making up 36.21% of Iraq’s exports for the month. India was second on the list… Read More
GREAT NEWS, EVERYONE! The Iraqi legislature has signed off on a gigantic 2023 budget of 198.9 trillion dinars ($153 billion). This record-breaking spending will be used for public wages, dev… Read More
Amazon Global Selling's 2022 report indicated that Vietnam’s cross-border retail revenue had grown to 80 trillion VND (3.4 billion USD) and is projected to reach 250 trillion VND withi… Read More
A delegation of African leaders, including the presidents of Comoros, Senegal, South Africa and Zambia, Egypt's prime minister and top envoys from the Republic of Congo and Uganda, arrived i… Read More
Cindy McCain, the executive director of the World Food Programme, has warned that halting Ukrainian grain exports risks causing "starvation and famine" for vulnerable populations abroad. Thi… Read More
The U.S. economy grew at a stronger pace in the first quarter than previously estimated, with gross domestic product (GDP) increasing at a 2% annualized rate. This is higher than the previou… Read More
Saudi Arabia has extended its oil production cut by one month, with a reduction of around 9 million barrels per day (bpd) until the end of August. This extension aims to support the stabilit… Read More
China has announced restrictions on the exports of gallium and germanium compounds, which are crucial for semiconductor manufacturing, citing national security concerns. Starting from August… Read More
Saudi Arabia has dismissed any discord with Russia, praising their coordinated efforts to remove barrels from the market and boost oil prices. Riyadh has extended its production reduction of… Read More
Iranian officials finally completed and confirmed the long-awaited payment of nearly $10 billion in debt from Iraq to Iran.The funds were quickly deposited into an account with the Trade Ban… Read More
Germany's economy is expected to stagnate for the rest of the year, with a technical recession already underway. The country's inflation rate is projected to reach 6.4% in June, well above t… Read More
The news article discusses the potential arrangement between the United States and Iran regarding Iran's nuclear program. The Biden administration seeks increased restrictions and monitoring… Read More
Let's explore investing in the Iraqi dinar and find out why there is so much hype and not a lot of facts to help make educated decisions. In this blog post, we will guide you through navigat… Read More
Russia's decision to not extend a U.N.-brokered deal allowing grain exports from Ukraine to countries suffering from hunger has raised concerns. The deal, negotiated by Turkey and the U.N… Read More
China's exports in June contracted at the fastest rate since the start of the Covid-19 pandemic, due to high inflation and geopolitical issues impacting global demand. The decline in exports… Read More
In a video address, Wagner boss Yevgeny Prigozhin announced that his private military company will be pulling out of Ukraine and heading to Africa for training. Prigozhin criticized Russia's… Read More
Russia has expanded its attacks on Ukraine by targeting farm storage buildings in the Odesa region and implementing a Black Sea blockade. The attacks on port infrastructure and storage sites… Read More
Despite the volumes of trade exchange that passed between Iraq and Sweden in the past year, the relationship between the two countries is fraught with tension. Data from Trade Map shows that… Read More
Antony Blinken, US Secretary of State, issued a critical national security waiver on Tuesday, allowing Iraq to pay crucial funds to Iran through non-Iraqi banks for the first time.The anonym… Read More
Can Syria's Currency Gain Value after the war is over? Syria is a prime example of a nation that has endured immeasurable suffering in a world marred by conflict and turmoil. But amids… Read More
Russia conducted a drone attack on a river port in southern Ukraine, causing damage and suspending operations. The port was a vital route for grain exports since Russia blocked shipping from… Read More
The Iraqi Dinar USD exchange rate is slightly disappointing. However, we are hoping for an increase in the value of the currency against the US dollar in the near future. On August 2, 2… Read More
The article discusses the rapid growth of liquefied natural gas (LNG) exports along the Gulf Coast, particularly in Louisiana. It highlights the construction and operation of LNG terminals… Read More
Ukrainian sea drones attacked a Russian navy base in Novorossiysk, causing damage to a naval vessel and temporarily halting ship movement at the port. The attack comes amid escalating clashe… Read More
Iraq's Ministry of Oil has announced preliminary oil exports for July:Total exports of crude oil: 106,755,169 barrelsRevenues from crude oil exports: $8.293 billionIn central and south… Read More
China reported a double-digit plunge in both exports and imports in July, missing expectations. Exports fell by 14.5% from a year ago, while imports dropped by 12.4% in U.S. dollar terms. An… Read More
China is facing a demographic challenge and needs to boost productivity in order to sustain its growth, according to economist David Mann. In the past, China's growth was driven by a larger… Read More
Illegal mining of rare earth metals, driven by demand from China for terbium and dysprosium used in electric vehicle production, has surged in northern Myanmar's Kachin state. The number of… Read More
According to the U.S. Energy Information Administration (EIA) and Shafaq News, Iraq increased its oil exports to the United States by 30.5% in the first five months of 2023.From January to M… Read More
Global rice prices could increase further as China, the world's largest rice producer, faces heavy rain and flood risks. Flood alert levels have been raised in three provinces that account f… Read More
Japan's economy grew by 6% in the second quarter, surpassing market expectations of 3.1% growth. The impressive GDP data translated to a quarterly expansion of 1.5%, higher than the expected… Read More
Farmers in Maharashtra protested at wholesale markets against the Indian government's decision to impose a 40% duty on onion exports until December 2023. State Agriculture Minister Dhananjay… Read More
China's central bank has cut the prime loan rate and pledged credit support for small and medium-sized businesses amid concerns over the country's slowing economy. The move comes as the econ… Read More
China has suspended all seafood imports from Japan after the release of treated radioactive water from the Fukushima nuclear power plant. Seafood exports from Japan to China include red sea… Read More
Saudi Arabia has extended its voluntary oil production cut of 1 million barrels per day until the end of the year. The cut was first implemented in July and has been extended on a monthly ba… Read More
Oil prices reached their highest level of the year, with some analysts predicting a return to $100 a barrel before the end of 2024. Brent crude futures traded at $93.29 a barrel on Friday, w… Read More
Turkish President Recep Tayyip Erdogan has invited Elon Musk to build Tesla's next factory in Turkey during a meeting in New York. Erdogan also offered collaboration opportunities with Musk'… Read More
Olive oil prices have reached record highs due to severe droughts in major producing countries, leading to an increase in thefts of the cooking oil. Global prices for olive oil rose to $8,90… Read More
In August, China did not export any germanium and gallium due to new restrictions imposed by the commerce ministry citing national security concerns. Germanium is used in solar products, fib… Read More
Russia has imposed an indefinite ban on the export of diesel and gasoline to most countries, which could disrupt fuel supplies and worsen global shortages. The ban, effective immediately, ai… Read More
Russia's government has lifted a ban on diesel exports delivered to sea ports via pipelines, removing a significant portion of the restrictions that were imposed last month. The Kremlin stat… Read More
Ugandan startup TEXFAD is buying discarded banana stems and turning them into biodegradable handicrafts. Uganda has the highest banana consumption rate in the world and is Africa's top produ… Read More
Oil prices rose 4% after Palestinian militants Hamas launched a surprise attack on Israel, extending the Israel-Hamas conflict into its third day. Global benchmark Brent traded at $88.02 a b… Read More
Poland's upcoming election on October 15 will have significant implications for its relationship with the European Union (EU) and Ukraine. The ruling Law and Justice (PiS) party, seeking a t… Read More
Agriculture plays a vital role in the Nigerian economy, contributing to various aspects of the country’s development and well-being. Understanding the importance of agriculture can she… Read More
Shares of chipmakers, including Nvidia, fell after the US announced new restrictions on exports of AI chips to China. The restrictions, which are stricter than previous ones implemented by t… Read More
China has agreed to provide funding to complete the New Yalu River Bridge, connecting Dandong in China with Sinuiju in North Korea, which would significantly enhance commerce between the two… Read More
According to a UNESCO report, Africa's fashion industry is rapidly growing but lacks adequate investment. The industry is currently valued at $15.5 billion in annual exports, with the potent… Read More
China reported a 6.4% drop in exports in October, worse than the predicted 3.3% drop, while imports surprisingly rose by 3% in U.S. dollar terms. However, imports from the U.S. were down 3.7… Read More
Ethiopian Prime Minister Abiy Ahmed has stated that there are no plans for invading neighboring nations for Red Sea ports access. However, he emphasized that Ethiopia will not abandon its de… Read More
Yailin la Mas Viral is a Dominican rapper and singer best known for becoming one of the Dominican Republicans’ hottest musical exports.
Yailin made a name for herself in Latin music… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More
A Race for Dominance in the Region’s EV Manufacturing Hub
The battle of Southeast Asia EV manufacturing hub. In an era where environmental conservation has become a global priority… Read More