Friday, April 4, 2025
Thursday, April 3, 2025
IRAQ NEWS HEADLINES: Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, 4 APRIL
IRAQ NEWS
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44.
In today’s OPEC+ ministers’ meeting, countries decided to raise output by 411,000 bpd in May, more than the originally planned 135,000. On Wednesday, ;
Trump unveiled a 10% minimum tariff on most goods imported to the US, the world’s largest oil consumer.
: Reuters/ file
: Reuters/ fileGABI: There is a lot of expectation on all fronts with RV , 4 APRIL
GABI:
There is a lot of expectation on all fronts with RV and the different program payments, special bonuses, private transactions... EVERYTHING!
Many people are waiting for the 🆗✅ that their money is now available to spend from their accounts.
A lot of nervousness and joy in anticipation of what is to come, which we already know is wonderful.
There is not much information because in truth what is happening is what has been happening: more people updating their data and more people receiving liquidity.
Wait for your payment confirmation to arrive, either for those who are in all those different groups or for those in T 4B with the official notification.
TNT Tony said that Iraq had nothing more to comply with and that some release news was expected after DJT's "rally" yesterday regarding Making America Rich-Wealthy Again."
As we have seen, nothing has been announced yet and we must remain attentive and patient until the time comes.
Have a nice day,
Gabi 💞
E-commerce: Platforms, E-stores, and the Iraqi Economy, 4 APRIL
E-commerce: Platforms, E-stores, and the Iraqi Economy
E-commerce: Platforms, E-stores, and the Iraqi Economy Between Reality and Potential
E-commerce in Iraq is a modern and growing sector that is attracting increasing interest from both individuals and businesses.
Despite facing challenges due to the country's economic and political conditions, Iraq has made notable progress in this field. This growth is driven by improvements in digital infrastructure, the expanding availability of the Internet and smartphones, and a shift in consumer behavior toward online shopping.
However, e-commerce in Iraq still faces significant obstacles, including low trust in electronic payment methods, insufficient regulatory frameworks, and logistical difficulties in shipping and delivery.
Nevertheless, with government support and a rising interest in digital entrepreneurship, the sector is expected to experience sustainable growth, ultimately contributing to the national economy.
Click here to read the full report [English].
Click here to read the full report [Arabic].
DINAR EXCHANGE: Tariffs on trade, but no touch on the lifeblood, 4 APRIL
DINAR EXCHANGE
“US imposes 39% tariffs on Iraq… but keeps its hands off the oil 
.
. Interesting how politics makes exceptions when energy’s on the line.
Tariffs on trade, but no touch on the lifeblood.
#EnergyPolitics
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