KTFA:

Clare:  Al-Sudani: Inflating currency selling prices aims to remove the dollar from the country

December 19, 2022

Baghdad / Obelisk: Prime Minister Muhammad Sayaa al-Sudani said, on Monday 19/12/2022, that the price inflation operations in the currency sale window aim to remove the dollar from the country, indicating that transfers to fake companies were rejected and there are exaggerated prices in the currency sale window.

The Obelisk publishes clips of Al-Sudani's words during a press conference:

- There is a clear increase in the exchange rates of the dollar

Transfers to fictitious companies were rejected, and there are exaggerated prices in the currency sale window

KTFA:  Vietnam News

Toyvp:  Curb inflation

December, 21/2022 - 08:23

Inflation has risen rapidly in many parts of the world. Though Việt Nam has a lower rate of inflation compared to most of its neighbours, businesses here are struggling with the rising costs of goods and products.

The government has issued a number of fiscal and monetary policies to curb inflation as it set the target to maintain the consumer price index at under 4 per cent this year.

https://vietnamnews.vn/economy/1438594/curb-inflation.html

KTFA:

Henig:  After falling by more than two dollars a barrel, oil prices are rising again

Baghdad / NINA / - Oil prices regained their strength today, Monday, after falling by more than two dollars a barrel in the previous session, with optimism about the reopening of China and the recovery of oil demand, which overshadowed fears of a global recession.

Brent crude futures rose 77 cents, or 0.97 %, to 79.81 dollars a barrel.

US West Texas Intermediate crude oil recorded $75.01 a barrel, up 72 %.   LINK

KTFA:

Frank26:  "INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS".......F26

Final article 2287: 

New App allows Iraqis to trade US-Listed Stocks

18th December 2022   By John Lee.

Ishtar Gate Company for E-Payment Systems and Services, an Iraq-based fintech company, has reportedly released an app that allows users to trade US-listed stocks via a mobile app called Bluepay.

According to Newsfile, the company was recently approved by the Central Bank in Iraq (CBI) as the "first and only company to offer international money transfer service."

KTFA:

ToyVP:  IT IS A VERY LONG STORY WHICH ACTUALLY STARTED IN 1990 (I WILL DO A QUICK DIGEST VERSION,) WHERE THE CURRENCY WAS VALUED AT $3.2169 TO 1 IQD, WHEN SADDAM HUSIEN INVADED KUWAIT AND THE UN TOOK ACTION OF SANCTIONING IRAQ AND DEVALUING THE IQD

THEN THE US STEPPED IN AND BEAT SADDAM HUSSIEN OUT OF KUWAIT, THEN THROUGH THE YEARS SADDAM DID NOT DO WHAT HE WAS TOLD TO DO AND STARTED DEVELOPING WMD (I KNOW I KNOW LEAVE IT AT THAT)

IN 2003 WE WENT IN TO REMOVE HIS REGIME AND REMOVED ALL THE SADDAM CURRENCY, CONTRACTED DE LA RUE TO REPLACE IT AND SET THE EXCHANGE RATE AT A MARSHAL PLAN PROGRAM RATE OF APPROXIMATELY 3000 IQD TO $1 AND USING 3 000 NOTES TO KEEP THE INFLATION DOWN WHILE THE MARSHAL PLAN WAS IMPLIMENTED..........

KTFA:

Henig:  From chips to ships, South Korea and Vietnam cozy up

Newly announced strategic partnership points to shared interests in diversifying away from China and Russia

By ANDREW SALMON     DECEMBER 15, 2022

SEOUL – Vietnamese President Nguyen Xuan Phuc has become the first foreign leader to make a state visit to South Korea at the express invitation of President Yoon Suk-yeol, who took office in May.

During Phuc’s three-day visit last week – accompanied by a hefty delegation that included his foreign minister, trade and industry minister and planning and investment minister – the two nations announced a new “comprehensive strategic partnership.”

South Korea is already the largest foreign investor in Vietnam, building fro the two sides’ free trade deal signed in 2015. Now, as differing political forces compel South Korea and Vietnam to diversify away from, respectively, China and Russia, wider and more fruitful avenues of cooperation may lie ahead.

KTFA:

Henig:  Vietnam poised for record trade

By Anh Tu   December 14, 2022 | 07:11 pm PT

Vietnam’s foreign trade is set to exceed US$700 billion this year, the highest ever, the customs department said.

It has risen steadily from $500 billion in 2020 and $600 billion last year.

In the first 11 months exports rose by 13.4% from a year earlier to $342.2 billion, and imports were up 10% to $331.6 billion, resulting in a surplus of $10.6 billion.

 Exports to the U.S. alone, the largest export market, were worth $101.5 billion. Imports from China, the country’s biggest source, topped $109.9 billion.

KTFA:

Clare:  Al-Sudani: The government is determined to implement its program that includes economic reform

12/13/2022

 Prime Minister Muhammad Shia Al-Sudani affirmed today, Tuesday, that the government is determined to implement its program that includes economic reform and encourage the private sector.

The Prime Minister's Office stated in a statement received by {Euphrates News}, that "the latter" received the delegation of the International Finance Corporation / IFC, headed by the Regional Director for the Middle East in the Corporation, Aftab Ahmed.

The statement added that during the meeting, they discussed various aspects of financial and economic cooperation between Iraq and the International Finance Corporation.