Good Morning Dinar Recaps,

Ondo Finance and SBI Bring Japan’s Financial Markets On-Chain with Yen-Backed Stablecoin

Ondo Finance has partnered with Japan's SBI Group to tokenize Japanese financial assets using a regulated yen-backed stablecoin, marking another significant step toward modernizing cross-border capital markets through blockchain technology.

Iraq Places 88th In Global Economic Development Ranking

2026-07-17 03:29   Shafaq News- Baghdad  Iraq ranked 88th out of 100 countries and 11th among Arab states in the 2026 US News & World Report Best Countries rankings for economic development, placing ahead of Algeria and Jordan.

The report estimated Iraq’s gross domestic product (GDP) at $666 billion, with a purchasing power parity (PPP) GDP per capita of $14,464.

Tomorrow, Iraq And The United States Will Sign The Largest Economic Agreement In History.

Shafaq News - Washington   Baghdad and Washington are preparing to sign the largest package of agreements and memoranda of understanding since the establishment of relations between the two countries, tomorrow, Friday, as part of the official visit of Prime Minister Ali al-Zubaidi to the United States.

According to a well-informed government source who spoke to Shafaq News Agency, the visit program will culminate in the signing of a wide range of agreements and memoranda of understanding between Iraq and the United States, in the presence of high-level officials from both sides, in a move considered the largest of its kind in the history of bilateral relations.

Good Evening Dinar Recaps,

IMF Sees Global Economy Stabilizing as Financial System Adjusts to War, Inflation, and Technology

The International Monetary Fund says the global economy has remained more resilient than expected despite months of conflict in the Middle East, while warning that debt, inflation risks, and rapid technological change continue to reshape the international financial system. 

Good Afternoon Dinar Recaps,

Global Inflation Outlook Hangs in the Balance as Central Banks Weigh Next Move

Cooling inflation has eased immediate fears of additional interest-rate hikes, but ongoing geopolitical tensions and energy uncertainty continue to cloud the global economic outlook.

Iraq Inflation Slows 1.3% In May

2026-07-16 15:15   Shafaq News- Baghdad  Iraq’s annual inflation rate fell to 3% in May from 4.3% in April, while consumer prices declined 1.2% month on month, according to the Statistics and GIS Authority. The Consumer Price Index dropped to 111.2 points from 112.5 in April.

Manar Al-Obaidi, head of the Iraq Future Foundation for Economic Research and Consultations, attributed the slowdown mainly to lower food, vegetable, and fuel prices.