"Tidbits From TNT" Monday 9-4-2023
TNT:
CandyKisses: Deputy: 10 countries expressed their desire to invest in the Iraqi development path
Information / Baghdad
MP Baqir al-Saadi said, on Monday, that there is a desire by 10 countries to invest in the Iraqi development road.
Al-Saadi said in an interview with Al-Maalouma that "Iraq's strategic location as a link in an important geography in the global transport map allows it high flexibility in attracting large investments, especially with the presence of large development projects."
He added, "The development road, which was recently announced by Prime Minister Muhammad Shia Al-Sudani, will be the most important development project for Iraq after 2023, as it will achieve great benefits in regional and international openness and the transfer of part of the movement of goods towards the country's ports on their way to Europe through Turkey and the possibility of creating other branches."
He pointed out that "10 countries have expressed their desire to invest in the Iraqi development road, and there is interest from other countries, pointing out that the launch of the project means important messages, most notably security stability and the return of Baghdad to play a pivotal role in the Middle East."
REalPrazer18: This is exciting! The more the merrier and the sooner we can RV so their contracts can start!
CandyKisses: Statistical: Iraq achieved the largest trade surplus in 2022 over ten years
Shafaq News / Statistics conducted by the German company Statista specialized in market and consumer data revealed that Iraq achieved the largest trade surplus for the past year 2022 over the past ten years.
The trade balance indicates the differences in imports and exports of goods in a country during the year, if the value of its exports during a period exceeds the value of its imports, it is called the surplus in the trade balance, and if the total value of imports exceeds the total value of exports, it is called the deficit in the trade balance.
The company stated in a table seen by Shafaq News Agency that Iraq achieved the highest trade surplus for goods in 2022 over the past ten years, as the surplus last year amounted to $ 53.54 billion, up by 64% from 2021, which reached the trade surplus of goods in that year $ 20.08 billion, noting that Iraq achieved a deficit in its trade balance for two years, the first in 2020, where the deficit reached $ 4.11 billion and the second in 2015. The trade deficit was $0.94 billion.
He continued, "In 2019, the balance achieved a trade surplus of $ 16.62 billion, and in 2018 the trade surplus reached $ 35.95 billion, and the trade surplus in 2017 amounted to $ 15.1 billion," noting that the trade surplus in 2012 amounted to $ 35.39 billion.
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CandyKisses: American Expert: The Impact Of "BRICS" Is Growing And The Global Economy Is Starting To Change
American economist Richard Wolf pointed to the growing influence of BRICS, which has become a guarantor for countries that reject the alliance with Washington and the West, especially with the economic development in producing Russia and China.
He added in an interview with the Dialogue Works channel on YouTube that "the economies of the West will be troubled during the coming period, while the Russian economy will grow and the Chinese economy will grow rapidly, as Russia is a producing country in the end, not to mention that the alliance between Russia, Iran, Saudi Arabia, the UAE and others, which are oil and energy producing countries, will compete with the West and Washington, so why American hegemony?"
He stressed that BRICS sent a strong message that the global economy is changing and has a general goal of developing and supporting the economies of its countries, and therefore every country in the world has two options: either submit to the hegemony of Washington and its allies, or join the BRICS and its allies.
Wolff pointed to the relentless attempts of Washington and the West to prevent this and influence the BRICS group, whose role began to grow year after year, as countries that need financial support and reject American hegemony can now turn to the BRICS Bank.
He stressed that most countries saw what happened in the Ukrainian crisis and the position of the West, led by Washington, towards Russia in terms of sanctions and freezing of its assets.
He stressed that the war in Ukraine is not because of Ukraine, but rather falls within the West's attempts to weaken Russia and China, and so far the West believes that by supplying Kiev with weapons and prolonging the conflict, the Russians will kneel, but in the end it destroys Ukraine, and will not prevent Russia from achieving its goals.
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