Search Results for "investments in iraqi dinar 2011"
How Iraq’s Booming Oil Trade Affects the Dinar
Posted by: | CommentsDan Carlson asked: Iraq is continuing to show how focused they are on their oil trade. Huge amounts of foreign investments are coming into support Iraq’s oil trade. By 2011, Iraq is planning to increase its oil exports from 2.6 million barrels per day to 3.6 million barrels per day. The biggest challenge Iraq faces [...]
Iraqi Dinar – Currency Change and Redenomination
Posted by: | CommentsStefano Grossi asked: Several rumors have been coming up regarding the probable alterations in Iraq currency, Dinars, one of which is that Iraqi government is in the process of changing its currency again from the new Iraqi Dinar. The new Iraqi Dinar had been introduced in October 2003 after the reign of Saddam Hussein. The [...]
Put More Pressure on Iraq to Form Government
Posted by: | CommentsDan Carlson asked: As the United States withdrew its combat troops from Iraq in August, the stage was set for Iraq to take responsibility and move forward as a country. One of the concerns the international community had was how secure Iraq would be after US troops left. Although there have been sporadic violent outbursts, [...]
Iraq Could Become an Economic Giant
Posted by: | CommentsDan Carlson asked: Iraq has the world’s 4th largest oil reserves behind Saudi Arabia, Venezuela and Iran. However, its current production of 2.5 million barrels/day is not very impressive or all that lucrative considering the amount of reserves Iraq has. This has been due to old, inadequate infrastructure and also seven years of war that [...]