In its annual World Economic Outlook, the IMF said, “The extraordinary recent performance of the United States is certainly impressive and a major driver of global growth.” There are also strong demand factors, as well as fiscal stances that are out of line with long-term fiscal sustainability. Washington's overspending risks reviving inflation and undermining long-term fiscal and financial stability worldwide by ratcheting up global funding costs. The IMF warned that "something will have to give." COVID-related stimulus, aggressive investments in infrastructure and clean energy, and risi ..read more

Documents obtained from Iraq's Federal Board of Supreme Audit reveal a staggering corruption scheme involving the illicit acquisition of US currency by over 151,000 citizens. The individuals obtained dollars at the official state rate for travel purposes, but never left the country, hence being referred to as ghost travelers by locals. As a result of the corruption, Iraq's Central Bank employees, private banks, currency exchange companies, and tourism firms were involved. Increasingly evident is the extent of complicity among key players in Iraq's financial landscape, driving calls for acc ..read more

During his visit to the United States, many people were surprised to learn that the Iraqi President, Al-Saudani, visited the State of Michigan. This was because over 90,000 Iraqi people currently live in Wayne County, Michigan. According to the U.S. Census, Wayne County, which is home to the cities of Detroit and Dearborn, has 7.8% of its residents with Middle Eastern and North African ancestry. The Prime Minister's visit was to a community of Iraqis who are now living in America but have maintained their connections with Iraq. According to ABC News, Amos Hochstein, a senior adviser to Bid ..read more

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Zimbabwe breaks ground on a $300 million Lithium Project Multimillion-dollar Zimbabwe lithium plants boost global supply chain control: China secures lithium leadership In Zimbabwe, several mining companies have completed multimillion-dollar lithium processing plants, giving China a head start in the global lithium rush. Major Chinese companies, including Zhejiang Huayou Cobalt, Sinomine Resource Group, and Chengxin Lithium Group, completed the construction or upgrade of lithium processing plants in Zimbabwe last year. Lithium-ion batteries, made from the country's hard rock lithium rese ..read more

During his visit, Sudani plans to discuss regional dynamics and tensions with US President Joe Biden, focusing on collaborative efforts to de-escalate conflicts. Biden and Sudani will also discuss the joint efforts of the Iraqi High Military Committee and the international coalition, aiming to establish a timeline for completing the coalition's mission. He revealed plans to meet with key US officials, including the Secretary of Defense, Treasury Secretary, National Security Advisor, and US Chamber of Commerce representatives and oil and gas industry executives. Prime Minister Sudani visit ..read more

  Despite Iran's threats to retaliate against its regional adversary, the United States restricted its employees and their families from traveling outside the greater Tel Aviv, Jerusalem, and Be'er Sheva areas. As tensions rise in a region already strained by the Gaza conflict, Iran has vowed revenge for the April 1 airstrike on its embassy compound in Damascus. The US embassy announced on Thursday that, as a precaution, US government employees and their family members are prohibited from traveling outside Tel Aviv (including Herzliya, Netanya, and Even Yehuda), Jerusalem, and Be'er S ..read more

 According to a World Bank report, the Shilling is the best-performing currency in Sub-Saharan Africa. According to its Africa Pulse Report released in April 2024, the Kenyan currency appreciated 16 percent this year. As a result of recent monetary policies implemented by the Central Bank of Kenya (CBK), the Shilling has appreciated due to increased demand for the local currency. Furthermore, Kenya's participation in the Eurobond market in February also contributed to the Shilling's gains against the Dollar. Kenyan shillings have seen a 16 percent appreciation so far this year, maki ..read more

 If Trump is convicted, can he run for president? The answer to this question is yes. There are only a few requirements for becoming president. You must be 35 years old, be a "natural born" citizen, and have lived in the United States for at least 14 years. While some states prohibit felons from running for state and local office, these laws do not apply to federal positions. Republican and Democratic Parties have guaranteed places on general election ballots in every state, and the parties tell election officials which names to put on the ballot. It would be legal shaky for states ..read more

  Prime Minister Mohammed S. Al-Sudani meets with the UN Secretary-General's Special Representative for Iraq, Ms. Jeanine Hennis-Plasschaert.  Mohammed S. Al-Sudani met with Jeanine Hennis-Plasschaert, the UN Secretary-General's Special Representative for Iraq on Sunday, April 7, 2024.  The Iraqi News Agency (INA) received a statement from the Prime Minister's Office saying, "During the meeting, they discussed the relationship between Iraq and the United Nations, highlighting the main files and programs that the UN organization provides for Iraq." According to recent UN re ..read more