Central Banks Withdraw 111.6 Billion Yuan From China's Swap Lines

Banks   Economy News - Follow-up   The use of currency swap lines between global central banks and the People's Bank of China rose to a two-year high in the first quarter, an indication of growing international demand for the yuan and its expanding use outside of China.

By the end of March, central banks around the world had withdrawn about 111.6 billion yuan, equivalent to $16.4 billion, from the People’s Bank of China’s swap lines, marking the largest quarterly increase since 2023.

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Oil Shock and Currency Volatility Intensify Pressure on the Global Financial System

Rising energy prices, inflation fears, and geopolitical instability are accelerating concerns about long-term monetary and economic stability

Global markets are increasingly reacting to geopolitical conflict as investors reassess inflation, currencies, and the future direction of the financial system

Iraq Finance Minister And European Bank Discuss Economic Reform

Iraq   Jawad Al-Samarraie   May 11, 2026   The Ministry of Finance in Iraq.

Baghdad (IraqiNews.com) – Iraqi Finance Minister Taif Sami met with Caterina Hansen, Director of the European Bank for Reconstruction and Development (EBRD), on Monday, May 11, 2026. The high-level meeting, which included the head of the Iraqi Fund for External Development, focused on strengthening developmental cooperation and accelerating economic reform pathways within the country.

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Europe Faces Inflation Shock as Iran War Reshapes Monetary Policy Expectations

Energy-driven price pressures and rising bond yields are increasing fears of prolonged financial instability across the euro zone

The growing conflict involving Iran is no longer just a geopolitical crisis — it is rapidly becoming a major challenge for European central banks and financial markets

The Ministry Of Commerce Announces The Launch Of New Electronic Services And The Digital Linking Of Warehouses And Agents In Seven Governorates.

Money and Business    Economy News – Baghdad    The Ministry of Trade announced on Monday the launch of additional services as part of the electronic transformation in seven governorates, while revealing a plan to link warehouses and agents electronically.

Riyadh Al-Moussawi, Director General of the Commercial and Financial Control Department at the Ministry, said that "more than seven governorates have witnessed the launch of additional services within the electronic transformation, and work is continuing to expand these services."

Iraq Says Oil Exports Could Rapidly Return To Pre-War Levels If Hormuz Stabilizes

Baghdad announced preparations to rapidly resume full export capacity through the Strait of Hormuz, even as regional security uncertainty persists.

ERBIL (Kurdistan24) - Iraq’s Oil Ministry announced on Sunday that the country could restore crude oil exports to their previous levels within one week if stability returns to the Strait of Hormuz, despite ongoing regional tensions linked to the conflict involving Iran, the United States, and Israel.

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Global Currency Realignment Accelerates as Energy Crisis and BRICS Strategy Converge

Oil shocks, shifting trade alliances, and rising commodity power are reshaping the global financial landscape

Volatility across energy, currencies, and global trade systems is intensifying pressure on the post-World War II financial order