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GregB's avatar

So US energy prices have come down ~20% because the economy had slowed down, allowing for the economy to pick up again, but as the US economy, and its use of energy, is a major driver with regard to global energy prices, an increase in activity will boost energy prices which will result in a slow down in the US economy, which will reduce global energy prices and ........... "There's a hole in my bucket, .."

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Nostradamus X's avatar

Iraq bans US dollar transactions in latest move towards ‘de-dollarization’.

The Iraqi government issued a ban on 14 May outlawing the use of the US dollar for both personal and business transactions, coming as part of a growing ‘de-dollarization’ trend and an overall decline in Washington’s economic influence.

The ban was enforced on 14 May and aims to boost the use of Iraq’s local currency, the dinar.

https://thecradle.co/article-view/24880/iraq-bans-us-dollar-transactions-in-latest-move-towards-de-dollarization

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