A security source in Anbar province reported on Sunday that a convon carrying American equipment arrived at the Ain al-Assad base from Erbil province.
The source told / Information / that “a large American convoy carrying American military equipment arrived at the Ain al-Assad air base in the Baghdadi district in the Hit district west of Anbar, coming from Erbil governorate without knowing the real reasons behind the arrival of military reinforcements to the base building.”
He added that “the operation of moving the convey from Erbil governorate to the Ain al-Assad base was accompanied by an American flight in the sky of the areas where the convey is to protect it to the place of its settlement.”
He explained that “American security companies carry out the task of delivering this equipment while the soldiers are transferred by warplanes to the Ain al-Assad Air Base and from there to the areas of presence of American forces,” stressing that “the operations of movement of American forces have decreased significantly during the past period.” Ended / 12a
In this video from the Edu Matrix channel, the discussion centers on the Vietnamese Dong (VND) and the Iraqi Dinar (IQD), exploring the potential for these currencies to increase in value in the near future. The host emphasizes the word “could,” indicating uncertainty surrounding this possibility.
The video delves into the significant influence of the U.S. government on global economies, primarily due to its status as the world’s largest economy and the issuer of the U.S. dollar, the dominant global reserve currency. This influence extends to the economies of countries like Iraq,
and the video suggests that there are potential steps the U.S. could take to support Iraq’s economic growth and currency revaluation. For more detailed insights on this topic, viewers are directed to an article available on the channel’s blog.
🌍 The U.S. as a Global Economic Power: The video highlights the influential role of the U.S. in shaping global economic policies.
💵 Currency Valuation Uncertainty: The discussion points out that while there is potential for currency value increases, it is not guaranteed.
🇻🇳 Focus on the VND: The video specifically addresses the Vietnamese Dong and its potential future value.
🇮🇶 Insight into the IQD: The potential increase in the value of the Iraqi Dinar is also explored.
📈 Economic Support Mechanisms: The video discusses how the U.S. could assist in the economic revitalization of Iraq.
📝 Reference to Additional Resources: Viewers are encouraged to read an article for more in-depth analysis regarding U.S. actions on Iraq’s economy.
⚖️ The Role of the U.S. Dollar: The significance of the U.S. dollar as a global reserve currency is underscored throughout the discussion.
Key Insights
🌐 The U.S. Government’s Economic Influence: The United States’ position as the world’s largest economy allows it to exert considerable influence over global financial markets and the economies of other nations. This dominance enables it to set economic policies that can significantly affect the currency valuations of countries like Vietnam and Iraq. This insight underscores the interconnectedness of global economies and how shifts in the U.S. economy can reverberate worldwide.
📊 Potential vs. Certainty in Currency Valuation: The use of the word “could” when discussing the potential increase in value for the VND and IQD is crucial. It reflects the unpredictability of currency markets, influenced by numerous factors such as geopolitical stability, economic reforms, and foreign investment. This uncertainty is a vital consideration for investors and policymakers alike, as it highlights the risks associated with currency speculation.
🌿 The Economic Situation in Iraq: The video touches on the specific case of Iraq, indicating that its economy is at a crossroads where foreign support, particularly from the U.S., could play a pivotal role in its recovery and growth. This insight is particularly relevant given Iraq’s historical economic challenges and the need for effective policies to stabilize and enhance its currency’s value.
💼 Steps for Economic Revaluation: The discussion suggests that there are concrete steps the U.S. could take to assist Iraq in revaluing its currency within a specified timeframe (24 months). This includes potential economic reforms, investment initiatives, and foreign aid programs. Understanding these mechanisms can provide a roadmap for both policymakers and investors looking at the Iraqi economy.
📚 Importance of Research and Articles: The reference to additional resources, specifically the article about how the U.S. could help Iraq, emphasizes the importance of ongoing research and informed analysis. For individuals or entities interested in currency markets, staying updated with credible information is essential for making sound investment decisions.
🔄 The Role of the U.S. Dollar: The video reaffirms the importance of the U.S. dollar as a dominant global reserve currency. Its strength and stability often dictate how other currencies perform. This insight can help viewers understand the broader economic context in which the VND and IQD are situated, highlighting the need to monitor U.S. economic indicators closely.
🌏 Global Economic Interdependence: The overarching theme of the discussion is the interdependence of global economies. The potential changes in the Vietnamese and Iraqi currencies are not isolated events but are rather influenced by complex interactions between various economies, particularly that of the United States. This insight encourages a holistic view of economic developments, urging stakeholders to consider multiple factors when assessing currency valuations.
In conclusion, the Edu Matrix video provides a nuanced exploration of the potential for the VND and IQD to increase in value, framed within the broader context of U.S. economic influence. It highlights the uncertainty inherent in currency markets while also pointing to specific actions that could facilitate economic growth and currency revaluation in countries like Iraq. The discussion serves as a valuable resource for those interested in understanding the dynamics of global currencies and the factors that drive their valuation.
Kurdish politician Ahmed Al-Herki confirmed on Sunday that the lack of legislation of the oil and gas law makes the oil differences between Baghdad and Erbil and opens the door to foreign interventions.
Al-Herki said in an interview with Al-Ma’ina agency, that “the sharp differences and mutual accusations about the Kurdistan Region oil file are caused by the basis of the lack of a constitutional framework regulating the relationship between the center and the region and the lack of legislation of the oil and gas law,” noting that “the contracts concluded by the regional government with oil companies included a large amount for the production of a barrel and a level of 26 barrels per dollar, and later it was reduced to 16 barrels as a compromise solution after Baghdad’s objection, and this can be addressed with new rounds of licenses.”
He added that “this problem greatly harms the Iraqi people and affects their living standards and salaries, and the absence of solutions makes international parties intervene and press for one party against another,” blading “the Kurdistan Regional Governments and the federal government responsible and they must find a radical solution and not promactive solutions.”
He pointed out that “the legislation of the oil and gas law, the termination of settlement, the establishment of a realistic mechanism for the issue of oil and non-oil imports of the Kurdistan Region, and the activation of control are the radical solutions to this problem, and whenever these solutions are absent, the crisis will continue and we will remain in the first box.”
It is noteworthy that political forces and deputies confirmed the existence of oil smuggling activities from the Kurdistan Region with the assistance and intervention of international and regional parties, while Baghdad confirms for years that the regional government has denied the delivery of oil and non-oil imports to the center in exchange for receiving its share of the public financial budget. Ended 25 with
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On Sunday, Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, met with a US delegation led by Steve Lutes, Vice President of the US Chamber of Commerce and Chairman of the US-Iraq Business Council, in Baghdad.
According to a statement from the Central Bank's media office, “the meeting focused on strengthening banking and economic relations between Iraq and the United States.”
It also discussed an upcoming visit by a delegation from the CBI to Washington in April, which will include meetings with the US Chamber of Commerce and American businesses.
The two sides also discussed international trade mechanisms and the process of transitioning Iraq to full external transfers through correspondent banks.
“Al-Alaq highlighted the interest of US companies in investing in energy, infrastructure, and modern technology sectors, stressing the importance of leveraging Iraq’s current security stability,” the statement added.
He further reiterated Iraq’s commitment to supporting economic growth and providing necessary support for global companies, including US firms and banks, while emphasizing the need for diversification in investment areas.
Baghdad/Nina/Secretary of Commerce Ether Daoud Al-Ghuriri discussed with the US Chargé d’affaires in Baghdad, Ambassador Daniel Rubinstein, Vice President of the American Chamber of Commerce and Chairman of the Iraqi-American Business Council Steve Lots, and their accompanying delegation, ways to strengthen economic and trade relations between Iraq and the United States.
The Ministry of Commerce said in a statement that the minister stressed during the meeting Iraq’s keenness to strengthen its economic relations with the United States within the framework of the government’s trends towards approving and implementing economic reforms to improve the business and investment environment.
According to the statement, Al-Ghurairi pointed to the exceptional efforts made by the ministry in coordination with government agencies to hold the third round of negotiations on Iraq’s accession to the World Trade Organization after a break of 16 years, where Iraq submitted the files of goods and services and reviewed economic reforms, including the legislation of the Intellectual Property Law.
The minister explained: “Iraq seeks to simplify the working procedures of American companies inside the country to support trade and investment between the two countries,” pointing to the self-sufficiency of local wheat during the past two years, while continuing to work with the memorandums of understanding signed with the American side related to the country’s needs.
He called on American companies to hold the “Made in America” exhibition inside Iraq and organize a forum between the Iraqi and American private sectors to review investment opportunities and available projects, and hoped that American companies would be present in the sessions of the Baghdad International Exhibition.
For his part, Ambassador Robinstein expressed his aspiration for more cooperation and openness between the two countries, pointing to the economic reforms witnessed by Iraq to improve the business and investment environment. He also announced the preparation for the visit of a delegation of American businessmen to Iraq next April.
In turn, Steve Lotus thanked the Ministry of Commerce for its support for the work of American companies, praising Iraqi efforts to improve the business environment and encourage investments.
The statement added: “The two parties agreed to enhance cooperation to expand the business base and strengthen economic and trade relations to serve the common interests of the two countries.” / It’s over
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The Central Bank of Iraq revealed on Sunday the upcoming visit of a delegation to Washington next April.
According to a statement issued by the bank received by (fourth), “the governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, received Steve Lotus, Vice President of the American Chamber of Commerce, President of the US-Iraqi Business Council and his accompanying delegation in Baghdad.”
He added that “the meeting discussed the banking and economic relations between the two countries and the upcoming visit of the Central Bank of Iraq’s delegation to Washington and their meeting with the American Chamber of Commerce and American companies next April.”
Shafaq News / The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, received on Sunday an official delegation from the United States headed by Steve Lotus, Vice President of the American Chamber of Commerce and President of the American-Iraqi Business Council, in the capital Baghdad.
The meeting discussed strengthening banking and economic relations between Iraq and the United States, as well as the upcoming visit of the delegation of the Central Bank of Iraq to Washington next April, which will include meetings with the American Chamber of Commerce and American companies.
Al-Alak pointed to the desire of American companies to invest in the fields of energy, infrastructure and modern technology, stressing the importance of investing in the security stability that Iraq is witnessing. The Governor of the Central Bank stressed Iraq’s support for the economic growth process, while providing the necessary support to international companies, including American companies and banks, stressing the need for diversification in the fields of investment.
The two sides also touched on international trade mechanisms, and discussed the process of Iraq’s transition to work fully in foreign transfers through correspondent banks.
