Goldilocks' Comments and Global Economic News Monday Evening 2-26-24
Goldilocks' Comments and Global Economic News Monday Evening 2-26-24
Good Evening Dinar Recaps,
WTO Iraq Announcement:
“Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” points to “the completion of the requirements for Iraq’s access to the organization, which is the completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system.”
Iraq is currently participating in the World Trade Organization. Their potential membership is moving forward. As a full member of the WTO, they will need a rate to fully participate in this inclusion.
This is truly a monumental achievement for Iraq and something the world has been waiting for for a long time. Economy--News
© Goldilocks
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"We expect Việt Nam’s export orders to continue increasing in the months ahead due to the surprising strength of the US economy, as evidenced by the highest level of US consumer confidence since the COVID reopening boom.”
"The resulting broad-based economic recovery (in exports, manufacturing, and consumption) should boost earnings for a range of listed stocks, enabling active managers to outperform the broader stock market."
Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward.
At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value. Vietnam Net Global Edge Investopedia
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"The WTO's 13th Ministerial Conference (MC13) will take place from 26 to 29 February 2024 in Abu Dhabi, United Arab Emirates. Ministers from across the world will attend to review the functioning of the multilateral trading system and to take action on the future work of the WTO. The Conference will be chaired by H.E. Dr Thani bin Ahmed Al Zeyoudi, UAE's Minister of State for Foreign Trade."
There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place today.
Let's stay grounded. We will soon find out if Iraq is fully accepted into the WTO or not this week. WTO
© Goldilocks
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Working Party Chair visits Baghdad to hold high-level consultations on Iraq’s | WTO | 2024 News items - accession
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Does deleting the currency’s zeros affect its value? An economist explains
https://jaredaiq.net/News/7929
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Global trade has nearly flatlined. Populism is taking a toll on growth | World Bank
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Unprecedented shipping disruptions raise risk to global trade, UNCTAD warns | UNCTAD
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