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Petrodollar Recycling
Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major List of countries by oil exports, petroleum-exporting states, mainly the OPEC#Membership, OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of U.S. dollars per year – including a wide range of transactions in a variety of currencies, some Currency peg, pegged to the U.S. dollar and some not. These flows are heavily influenced by government-level decisions regarding international investment and aid, with important consequences for both global finance and petroleum politics. The phenomenon is most pronounced during periods when the price of oil is historically high. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanctions Against Iran
There have been a number of international sanctions against Iran imposed by a number of countries, especially the United States, and international entities. Iran was the most sanctioned country in the world until it was surpassed by Russia, following Russia's invasion of neighboring Ukraine in February 2022. The first sanctions were imposed by the United States in November 1979,Haidar, J.I., 2017Sanctions and Exports Deflection: Evidence from Iran," Economic Policy (Oxford University Press), April 2017, Vol. 32(90), pp. 319-355. after a group of radical students seized the American Embassy in Tehran and took hostages. These sanctions were lifted in January 1981 after the hostages were released, but they were reimposed by the United States in 1987 in response to Iran's actions from 1981 to 1987 against the U.S. and vessels of other countries in the Persian Gulf and US claims of Iranian support for terrorism. The sanctions were expanded in 1995 to include firms dealing with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran–Iraq War
The Iran–Iraq War, also known as the First Gulf War, was an armed conflict between Iran and Iraq that lasted from September 1980 to August 1988. Active hostilities began with the Iraqi invasion of Iran and lasted for nearly eight years, until the acceptance of United Nations Security Council Resolution 598 by both sides. Iraq's primary rationale for the attack against Iran cited the need to prevent Ruhollah Khomeini—who had spearheaded the Iranian revolution in 1979—from exporting the new Iranian ideology to Iraq. There were also fears among the Iraqi leadership of Saddam Hussein that Iran, a theocratic state with a population predominantly composed of Shia Muslims, would exploit sectarian tensions in Iraq by rallying Iraq's Shia majority against the Baʽathist government, which was officially secular but dominated by Sunni Muslims. Iraq also wished to replace Iran as the power player in the Persian Gulf, which was not seen as an achievable objective prior to the Is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iranian Revolution
The Iranian Revolution (, ), also known as the 1979 Revolution, or the Islamic Revolution of 1979 (, ) was a series of events that culminated in the overthrow of the Pahlavi dynasty in 1979. The revolution led to the replacement of the Imperial State of Iran by the Islamic Republic of Iran, as the monarchical government of Mohammad Reza Pahlavi was superseded by the theocratic Ruhollah Khomeini, a religious cleric who had headed one of the rebel factions. The ousting of Pahlavi, the last Shah of Iran, formally marked the end of List of monarchs of Persia, Iran's historical monarchy. In 1953, the CIA- and MI6-backed 1953 Iranian coup d'état overthrew Iran’s democratically elected Prime Minister, Mohammad Mossadegh, who had nationalized the country's oil industry to reclaim sovereignty from British control. The coup reinstalled Mohammad Reza Pahlavi as an absolute monarch and entrenched Iran as a client state of the U.S. and UK. Over the next 26 years, Pahlavi consolidated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran
Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the northeast, Afghanistan to the east, Pakistan to the southeast, and the Gulf of Oman and the Persian Gulf to the south. With a Ethnicities in Iran, multi-ethnic population of over 92 million in an area of , Iran ranks 17th globally in both List of countries and dependencies by area, geographic size and List of countries and dependencies by population, population. It is the List of Asian countries by area, sixth-largest country entirely in Asia and one of the world's List of mountains in Iran, most mountainous countries. Officially an Islamic republic, Iran is divided into Regions of Iran, five regions with Provinces of Iran, 31 provinces. Tehran is the nation's Capital city, capital, List of cities in Iran by province, largest city and financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libya
Libya, officially the State of Libya, is a country in the Maghreb region of North Africa. It borders the Mediterranean Sea to the north, Egypt to Egypt–Libya border, the east, Sudan to Libya–Sudan border, the southeast, Chad to Chad–Libya border, the south, Niger to Libya–Niger border, the southwest, Algeria to Algeria–Libya border, the west, and Tunisia to Libya–Tunisia border, the northwest. With an area of almost , it is the 4th-largest country in Africa and the Arab world, and the List of countries and outlying territories by total area, 16th-largest in the world. Libya claims 32,000 square kilometres of southeastern Algeria, south of the Libyan town of Ghat, Libya, Ghat. The largest city and capital is Tripoli, Libya, Tripoli, which is located in northwestern Libya and contains over a million of Libya's seven million people. Libya has been inhabited by Berber people, Berbers since the late Bronze Age as descendants from Iberomaurusian and Capsian cultures. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Gulf
The Persian Gulf, sometimes called the Arabian Gulf, is a Mediterranean seas, mediterranean sea in West Asia. The body of water is an extension of the Arabian Sea and the larger Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed 9 October 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The river delta of the Shatt al-Arab forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also Coral reef, coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian plate under the Zagros Mountains. The current flooding of the basin started 15,000 years ago due to sea level rise, rising sea levels of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arab Countries
The Arab world ( '), formally the Arab homeland ( '), also known as the Arab nation ( '), the Arabsphere, or the Arab states, comprises a large group of countries, mainly located in West Asia and North Africa. While the majority of people in the Arab world are ethnically Arabs, Arab, there are also significant populations of other ethnic groups such as Berbers, Kurds, Somalis and Nubians, among other Demographics of the Arab world, groups. Arabic is used as the lingua franca throughout the Arab world. The Arab world is at its minimum defined as the 19 states where Arabs form at least a wiktionary:plurality, plurality of the population. At its maximum it consists of the 22 member states of the Arab League, members of the Arab League, an international organization, which on top of the 19 plurality Arab states also includes the Bantu peoples, Bantu-speaking Comoros, and the Cushitic-speaking peoples, Cushitic-speaking Djibouti and Somalia. The region stretches from the Atlantic O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Current Account (balance Of Payments)
In macroeconomics and international finance, a country's current account records the value of exports and imports of both goods and services and international transfers of capital. It is one of the two components of the balance of payments, the other being the capital account (also known as the financial account). Current account measures the nation's earnings and spendings abroad and it consists of the balance of trade, net ''primary income'' or ''factor income'' (earnings on foreign investments minus payments made to foreign investors) and net unilateral transfers, that have taken place over a given period of time. The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both government and priva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Of Trade
Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. Sometimes, trade in Service (economics), services is also included in the balance of trade but the official IMF definition only considers goods. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, List of countries by net exports, about 60 out of 200 countries have a trade surplus. The idea that a trade deficit is detrimental to a nation's economy is often rejected by modern trade experts and economists. Explanation The balance of trade forms part of the Current ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johan Witteveen
Johan may refer to: * Johan (given name) * ''Johan'' (1921 film), a Swedish film directed by Mauritz Stiller * Johan (2005 film), a Dutch romantic comedy film * Johan (band), a Dutch pop-group ** ''Johan'' (album), a 1996 album by the group * Johan Peninsula, Ellesmere Island, Nunavut, Canada * Jo-Han Jo-Han was a manufacturer of plastic scale promotional model cars and kits originally based in Detroit. The company was founded in 1947 by tool and die maker John Hanley a year before West Gallogly's competing company AMT was formed and about t ..., a manufacturer of plastic scale model kits See also * John (name) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
