Expert: U.S. Court crisis indirect impact on the Iraqi economy

26-10-2013 10:27 AM



Baghdad (news) .. Said economic expert Majid picture, that the U.S. debt crisis have an indirect effect on the Iraqi economy.

He said the picture (of the Agency news) on Saturday: the interdependence of the dollar economy through oil exports led to the vulnerability to rise and fall to hardly any indirect effect

He added: the U.S. debt belonged to the major countries such as China and the EU countries, and the countries that have huge cash reserves in dollars, indicating that he must find a new currency to the dollar to get rid of this effect.

He predicted Economic Information Center, the Iraqi economy is affected by the U.S. debt crisis, which will lead to a drop in oil prices in global oil markets.


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