Dollar’s kingship under threat?
As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars...
Tag : Iran
After a two-year hiatus, US oil shipment heads to South Africa
Kpler data show that Saudi Arabia, West and Central Africa, and South Africa are the primary sources of South Africa's oil...
US imposes fresh sanctions: More trouble for Chinese, UAE firms
The United States imposed penalties on companies from Singapore, Hong Kong, and the UAE, as per the Treasury website....
Iran, Argentina submit applications to join BRICS
It was Russian President Vladimir Putin’s first meeting with the leaders of major economies since the beginning of the invasion of Ukraine....
Saudi Aramco shares fall $200 bn amid fears of impending US-Iran war
Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%...
Qatar’s budget for 2020 largest in five years
The country plans to spend 1.9% more in 2020 than it did last year...
Iran, Turkey to establish joint bank to ‘bypass the US sanctions’
Iran's ambassador to Turkey said that the mutual cooperation between Turkey and Iran was needed to create a 'new financial mechanism'...
US Sanctions Against Iran will bring endess Turmoil
Businesses trading with both economies are witnessing an inevitable struggle against the backdrop of the President’s re-imposed trade sanctions. What next?...