"ANALYZING NEWS OF IRAQ" BY CLARE & SANDY INGRAM, 18 OCT

 Clare

  Article:  "A new statement by the Iraqi Central Governor regarding the dollar exchange rate" 

 Quote:  "Today, Monday (October 16, 2023), the Governor of the Central Bank of Iraq,

 Ali Al-Alaq, identified several factors affecting the dollar exchange rate, the most important of which is the leakage of the dollar to neighboring countries."

Article:  "Sudanese Advisor: 70% of Iraq’s imports are made with BRICS countries"  Quote:  

"Iraq announced its desire to join the BRICS group, as there is an objective basis related to the connections of the Iraqi economy with the markets of the BRICS group itself,

 as it reflects the current account of the Iraqi balance of payments with the countries of that economic group,  which includes the strongest emerging markets in "The world"

Article: "Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank”  

Quote: "A number of Erbil residents were surprised, on Saturday, by the stopping of the ATMs, which were designated for withdrawing US dollars, in several areas, including the “Empire” complex, which witnesses a large presence of foreign expatriates... 

There are banks that still issue dollars via ATM machines, and they are subject to stopping at any time."

Sandy Ingram

   Article:  "35 million lost every day: Shutdown of Iraq-Turkey oil pipeline has hurt stat and oil companies"  

In total Iraq lost $7 billion USD.  Turkey has officially notified Iraq the oil pipeline is ready to be reopened...