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Clare » February 10th, 2025
Iraq advances one place in global gold reserves
2/9/2025 Baghdad
The World Gold Council announced today, Sunday, that Iraq has advanced one place in the ranking of countries that hold the most gold in the world.
According to the latest table published by the Council in February, which was reviewed by Al-Eqtisad News, Iraq ranked 28th out of 100 countries included in the table, after it was ranked 31st globally, to become fourth in the Arab world after Saudi Arabia, Lebanon and Algeria.
According to the table, Iraq increased its gold holdings to 162.7 tons, representing 12.7% of its total other reserves.
The Council pointed out that “the United States of America tops the list of the largest gold holders in the world, as it owns 8,133 thousand tons, followed by Germany with 3,351 thousand tons, then Italy with 2,452 thousand tons, while Trinidad and Tobago came at the bottom of the list with 1.9 thousand tons.”
The World Gold Council, headquartered in the United Kingdom, has extensive experience and in-depth knowledge of the factors influencing market changes, and its members include the world’s largest and most advanced gold mining companies. LINK
Members of Congress demand that the US government stop military aid to Iraq
2/9/2025 Baghdad /
The National Network revealed in a report published today, Saturday, the existence of what it described as a “campaign” launched by a number of US Congress members to urge the White House to “reconsider” its current relations with the Iraqi government, most notably security and economic cooperation.
The network said, according to what was published by some media outlets, that members of Congress led by Representative Joe Wilson are now launching a pressure campaign on the US government with several demands, the first of which is to stop the military and security assistance provided by US forces to Iraq, and intelligence cooperation, and the last of which is “imposing sanctions” on the Iraqi economy.
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The campaign launched by the members of the Republican Party also demanded that armed factions and some Iraqi parties be placed on the “t-------t list” and that their political and military work inside Iraq be prevented by imposing pressure on the government of Prime Minister Mohammed Shia al-Sudani.
Yesterday, American media published a letter signed by some representatives, sent by US Representative Joe Wilson to Secretary of State Mark Rubio, in which he asked him to impose sanctions on Iraq and stop the work of some armed factions in the country. LINK
Source: Dinar Recaps
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