Iraq Abandons US Dollar: De-dollarisation Wave Gathers Steam in West Asia |Vantage with Palki Sharma
Iraq Abandons US Dollar: De-dollarisation Wave Gathers Steam in West Asia |Vantage with Palki Sharma
In a bold move, Iraq has prohibited transactions in US dollars. This surprise announcement last week was an effort to stabilise the Iraqi Dinar. But increasingly, the US dollar’s dominance is being challenged in West Asia.
Despite Pakistan’s call to boycott the Kashmir G20 meeting, the 3-day event welcomed more than 60 foreign delegates. Security forces also foiled a 26/11-style attack on Gulmarg.
At the Forum of India Pacific Island Cooperation, Prime Minister of Papua New Guinea James Marape made an urgent call. Addressing India’s Prime Minister Narendra Modi, he sought India’s advocacy at global platforms like the G7 and G20. Marape said Pacific nations are caught in the crossfire of a ’global powerplay’ and wish to unite behind India.
India’s Prime Minister Narendra Modi promised to do “everything possible“ to end the Russia Ukraine war. He said this in his first in-person talks with Ukraine’s Zelensky since the war broke out.
US | US Dollar | De-Dollarisation | Iraq | Saudi Arabia | American Dollar | Dollar | West Asia | Iraqi Dinar | Vantage | Trending News | Firstpost
#us #dollar #dedollarization #iraq #saudiarabia #middleeast #americandollar #dinar #currency #vantage #trendingnews #firstpost
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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