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Here's an article/with video of Dinarian interests... Game changer. Treat as a rumor. Not verified. Your opine. Edu Matrix: Iraqi Dinar Update: A Game Changer? ARTICLE: Iraqi Dinar Update: $900 Million WB Move: Iraq Economy Game Changer? The World Bank has approved $900 million in new financing for Iraq through the Iraq Transport Economic Corridors Project, also known as ITREC Iraq. This major Iraq road connectivity project is designed to improve transportation, support job creation, strengthen Iraq’s road network & help the country move closer to becoming a regional trade & logistics hub. In this video, we discuss how the WB Iraq $900 million project could impact Iraq’s economy in 2026 & beyond. The project focuses on major transportation corridors, including Iraq Expressway 1 & Iraq Expressway 2, connecting Baghdad toward Turkey, Syria & Jordan. These routes could improve Iraq trade corridors, reduce transportation costs, support agriculture, manufacturing, tourism & create new opportunities for private sector growth. This is not just an Iraq infrastructure development story. It is also an Iraq economy 2026 story, an Iraq job creation story & a regional connectivity story. Better roads can help businesses move goods faster, help farmers reach markets, improve access to services & support Iraq’s long-term non-oil economy. We also discuss what this means for the Iraqi Dinar, IQD news & Iraq’s broader economic future. A road project does not automatically increase the value of the Iraqi Dinar, but stronger infrastructure can help build the foundation for long-term economic growth. Watch the full video to understand why this Iraq Transport Economic Corridors Project could become one of the most important infrastructure developments in Iraq’s economic transformation. Google key words in above title to bring up VIDEO at source or '$900 Million World Bank Move'
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Here's some articles of Dinarian interests... Direct From The SANDBOX Report. Regional Conflict Strains Iraq’s Credit Standing. This will make it harder for Iraq to get int'l loans. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: War Will Drain the Gulf’s $6 Trillion Treasure Chest. ARTICLE: The Conflict Complicates Life For The Custodians Opf Middle Eastern Oil Fortunes. Follow-Up: The Iranian news agency “Akharin Khabar” reported on Saturday that the latest report by the widely circulated British magazine “The Economist” indicated that any large-scale military escalation in the Middle East, especially if it involves Iran or disrupts navigation through the Strait of Hormuz, could have serious repercussions on the economies of the Gulf states, which possess sovereign assets estimated at around $6 trillion. According to the analysis, the risk is not limited to the energy sector alone, but extends to the economic & investment structure on which the Gulf states depend to promote their growth & diversify their sources of income. According to the British magazine, estimates indicate damages that could reach $25 billion to the oil & gas infrastructure of the Gulf states, with additional costs for new pipelines that could amount to $30-50 billion. Sudanese: The Importance Of Supporting The Private Sector To Be A Key Partner In Building & Scientific & Economic Development. ARTICLE: PM Mohammed Shia al-Sudani affirmed on Saturday that the government will continue to implement projects to expand & develop the infrastructure of the education sector, which will positively impact the quality of education in Iraq. This came during a visit by Al-Sudani to Al-Raqiya Intermediate Basic School in the capital, Baghdad, where he participated in the graduation ceremony of the current batch of students for the academic year. The PM praised the great efforts made by educational staff in all schools across the country, stressing that the government gives special priority to the education sector within its reform & development plans. He stressed that human development & providing a suitable educational environment are key priorities in the government’s work, along with supporting other development sectors & enhancing the role of the private sector as a partner in scientific & economic development, particularly in the educational field. Al-Sudani also called for strengthening cooperation between families & educational institutions in order to prepare a generation that is aware and committed to societal values, stressing the importance of continuous monitoring of the educational process to achieve sustainable positive results. Australia & Japan Sign Contracts For A $7 Billion Warship Deal. ARTICLE: Australia & Japan on Saturday signed contracts launching a historic deal worth 10 billion Australian Dollars, equivalent to 7 billion USD, to supply Australia with warships, the largest military deal for Tokyo since the lifting of the arms export ban in 2014. Australian Defence Minister Richard Marles said in a statement that he & his Japanese counterpart Shinjiro Koizumi had signed a memorandum "reaffirming the two governments' shared commitment to the successful delivery" of the warships. The deal struck in August reinforces Japan's efforts to move away from its post-war pacifist policy in order to establish security ties that go beyond its alliance with the US to counter China. Japan's Mitsubishi Heavy Industries will supply the Royal Australian Navy with three upgraded multi-mission frigates to be built in Japan starting in 2029. Eight more frigates will be built in Australia. The Japanese Ministry of Defense posted on XN that Koizumi & Marls welcomed "the signing of the multi-mission frigate contracts and affirmed the strengthening of bilateral defense relations" during the signing ceremony in Melbourne. Gold Is Heading For Its 4th Weekly Gain Amid Anticipation Of A Deal On Iran. ARTICLE: Gold is on track for its 4th weekly gain after US President Donald Trump expressed optimism that the US & Iran could reach a permanent ceasefire to end the war that has shaken markets & increased inflation fears. The precious metal settled near $4,795 an ounce in early trading on Friday, after rising about 1% this week, according to Bloomberg. Basrah Crudes Post Weekly Gains As Global Oil Prices Decline. ARTICLE: Basrah Heavy & Basrah Medium crude closed higher last week, recording gains despite a sharp decline in global oil prices. Basrah Heavy rose by 76 cents in the latest trading session to $116.59 per barrel, posting weekly gains of $1.62, or 1.41%. Basrah Medium also increased by 76 cents to $118.69 per barrel, registering weekly gains of $1.62, or 1.38%. Global oil prices, however, recorded a dip, falling by 16% over the week, marking their worst weekly performance since April 2020, following Iran’s announcement of reopening the Strait. Dollar Drops In Baghdad & Erbil Markets. ARTICLE: The USD opened Saturday's trading lower in Iraq, hovering around 152,000 Dinars per 100 USD. According to Shafaq News market survey, the Dollar traded in Baghdad's Al-Kifah & Al-Harithiya exchanges at 152,500 Dinars per 100 Dollars, down from the previous session's 153,350 Dinars. In the Iraqi capital, exchange shops sold the Dollar at 153,000 Dinars & bought it at 152,000 Dinars, while in Erbil, selling prices stood at 152,600 Dinars & buying prices at 152,450 Dinars. Regional Conflict Strains Iraq’s Credit Standing. ARTICLE: Moody’s Investors Service on Saturday downgraded Iraq’s outlook to negative, citing rising regional tensions & increasing risks to the country’s oil-dependent economy & export flows. The agency warned that Iraq’s reliance on oil exports leaves it vulnerable to disruptions in key maritime routes, particularly the Strait of Hormuz, through which about 90% of Iraqi crude is transported. It added, any interruption could quickly tighten state revenues & foreign currency inflows. Although the Iraqi Ministry of Oil indicated that oil exports from the country’s southern provinces have resumed after more than 45 days of suspension, Moody’s expects it will take time for export levels to return to normal, as the US-Iranian temporary ceasefire implemented on April 8 continues to hold. The agency previously reported an 80% drop in Baghdad’s oil production, noting that the decline pushed crude inventories to elevated levels. It also kept Iraq’s credit rating unchanged at “Caa1,” a level reflecting high credit risk. Iraq's Industrial Output Trails Imports Despite 1,200 Projects. ARTICLE: Iraq’s industrial sector generates no more than 7 trillion Iraqi Dinars (≈ $5.34 billion) annually, far below imports that exceed 100 trillion dinars (≈ $76 billion), economist Manar Al-Obaidi said on Saturday. Al-Obaidi explained that the sector includes around 1,200 medium & large projects -about 900 large private ventures & 300 medium-sized ones. He said production remains concentrated in construction & food industries, while key manufacturing sectors such as textiles, furniture & household goods have sharply declined, even as roughly 1,000 factories depend on imported raw materials, raising costs & weakening competitiveness. The sector provides about 50,000 jobs, rising to an estimated 100,000 including informal labor, compared with roughly 500,000 new entrants to the labor market each year, while growth of around 5% in large projects has yet to make industry a significant contributor to Iraq’s GDP.
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Luigi says...from The Throat Of The Goat... There is no more urgency for Iraq to RV any time soon. Iraq to secure more loans to pay wages through mid-October. Iraq is broke...is on borrowed time with the loans. Treat as a rumor. Not varafied. Your opine. 7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?

