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    <title>Global South World - Official Reserves Data</title>
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    <description><![CDATA[News, opinion and analysis focused on the Global South and rising nations across the world. Delivered by journalists on the ground in Africa, Asia, Europe and the Americas. From politics and business to technology, science and social issues, Global South World is the first place to come for accurate and trusted information.]]></description>
    <item>
      <title>The maps that show why Iran is how it is</title>
      <link>https://www.globalsouthworld.com/article/the-maps-that-show-why-iran-is-how-it-is</link>
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      <pubDate>Wed, 06 May 2026 23:56:09 Z</pubDate>
      <description><![CDATA[<p>Iran has been at the centre of the world's attention, but it is little understood. </p>
<p>Whether you are a geography geek or a US president, maps are a good place to start.</p>
<p>From the Middle East, Central Asia, South Asia, and the Caucasus, Iran borders seven countries on land and six more across water.</p>
<img src="https://gsw.codexcdn.net/assets/asevaWyqKE6OJ6TcB.png?width=800&height=600&quality=75" alt="Yugoslavia and Iran have a similar footprint."/>
<p>It is also one of the  world ’s oldest continuous civilisations, with a history that spans more than 4,000 years.</p>
<p>Today, with nearly 90 million people and a landmass exceeding 1.6 million square kilometres, Iran stands as one of the Middle East’s largest and most consequential states.</p>
<p>Iran’s terrain is defined by mountains and arid expanses, with little continuous flat land. The Zagros and Alborz mountain ranges dominate much of the landscape, while the Iranian Plateau forms its core.</p>
<p>To the east, vast deserts such as the Dasht-e Kavir and Dasht-e Lut stretch across large swathes of the country. These physical features are not just geographic, but they also shape settlement patterns, climate  conditions  and the development of infrastructure.</p>
<p>Historically, Iran was the centre of powerful empires that influenced language, trade, science and culture far beyond its borders. That legacy still runs through modern Iran, visible in its identity and regional reach. Despite invasions by Greeks, Ottomans, Russians and the British, the country has maintained a strong sense of sovereignty and identity.</p>
<img src="https://gsw.codexcdn.net/assets/asUR4yxIU3qra3HgD.jpg?width=800&height=600&quality=75" alt="Iran's official language map"/>
<p>Iran is far more complex, both from the inside and the outside. Farsi remains the dominant language, but the country is home to a diverse mix of ethnic groups, including Azeris, Kurds, Baloch and Arabs, all of whom contribute to its cultural and political fabric.</p>
<img src="https://gsw.codexcdn.net/assets/aseJKHkOE5LHbY4Wt.png?width=800&height=600&quality=75" alt="Visual representation of Iran's ethnic groups"/>
<p>As an energy giant, Iran sits on some of the  world’s largest oil and gas reserves , holding roughly 10% of global oil and 15% of natural gas resources.</p>
<p>That alone makes it a major player in global energy markets. Despite heavy international sanctions, Iran continues to export large volumes of oil, primarily to China, demonstrating its resilience and continued relevance in global supply chains.</p>
<p>Its economy, valued at over $400 billion, blends state control with private enterprise, anchored by energy, manufacturing and a growing technology sector.</p>
<img src="https://gsw.codexcdn.net/assets/asR12PDGXHI7D54fJ.jpg?width=800&height=600&quality=75" alt="The world's proven oil reserves"/>
<p>Modern Iran, however, cannot be understood without the 1979 Islamic Revolution.</p>
<p>It overthrew a Western-backed monarchy and replaced it with a theocratic system that still defines the country today.</p>
<p>And since the Revolution, Iran has pursued an independent and often confrontational  foreign policy , positioning itself as a regional power and a counterweight to Western influence.</p>
<img src="https://gsw.codexcdn.net/assets/asxqA1G82BfWBKYr0.jpeg?width=800&height=600&quality=75" alt="Axis of Resistance"/>
<p>Its network of regional alliances, often referred to as the “Axis of Resistance”, extends its influence beyond its borders, reaching into Iraq, Syria, Lebanon and Yemen. Many of these connections relate to Iran's position as the dominant power of the Shia sect of Islam. In other cases, allies were drawn to Tehran by a mutual hatred of Israel.</p>
<img src="https://gsw.codexcdn.net/assets/asH8QGDHFHb2Vwmfc.png?width=800&height=600&quality=75" alt="Clear representation of drought in Iran"/>
<p>The country is also enduring one of its worst environmental crises in decades, after more than five consecutive years of drought have pushed it toward what experts describe as “water bankruptcy.” Reservoirs are drying up, major cities are nearing “day zero” water shortages, and as many as 28 million people now face unreliable access to water. </p>
<img src="https://gsw.codexcdn.net/assets/as3ZZ5LafJyOw3eIw.jpg?width=800&height=600&quality=75" alt="Arabian Gulf names dispute"/>
<p>Even geography beyond its borders carries political weight.</p>
<p>The body of water to its south has been known in Iran and elsewhere for over 2,500 years as the “Persian Gulf.” Still, some Arab states refer to it as the “Arabian Gulf,” creating an ongoing geopolitical dispute.</p>
<p>For Iran, the name is not just symbolic; it is tied to history, identity and sovereignty.</p>
<p>At the edge of Iran’s southern coastline lies its most powerful strategic asset: the Strait of Hormuz.</p>
<p>This narrow waterway connects the Persian Gulf to the open ocean and carries more than 20% of the world’s oil supply.</p>
<p>It is one of the most critical chokepoints in global trade. Iran controls the northern side as well as a series of islands, and that gives it enormous leverage.</p>
<p>Over the decades, Tehran has repeatedly threatened to disrupt traffic through the strait during times of conflict.</p>
<p>And in 2026, those threats became reality, sending shocks through global energy markets.</p>
<img src="https://gsw.codexcdn.net/assets/asIzKA342frGfJrU8.png?width=800&height=600&quality=75" alt="Attacks across the Middle East by Iran"/>
<p>At the same time, geopolitical tensions have sharply intensified. Following Israeli strikes on Iranian military and nuclear sites in February 2026, the United States joined the conflict with direct attacks, triggering a broader regional confrontation that continued for days.</p>
<img src="https://gsw.codexcdn.net/assets/asyrQukeTRxDSJQsz.png?width=800&height=600&quality=75" alt="Air traffic over Iran-Israel/USA tensions"/>
<p>The situation has since escalated into a wider crisis affecting global energy routes. Iran has launched retaliatory missile and drone attacks, while disruptions in the Strait of Hormuz, a vital oil transit chokepoint, have sent shocks through global markets.</p>
<p>See more maps on  our Instagram account.</p>
<img src="https://gsw.codexcdn.net/assets/as0P6jPvrRxf256my.png?width=800&height=600&quality=75" alt="Protests over the US-Iran war"/>
]]></description>
      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:title>wimaps podcast v3</media:title>
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      <dc:creator><![CDATA[Abigail Johnson Boakye]]></dc:creator>
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      <title>Zimbabwe sets three-year plan to phase out US dollar</title>
      <link>https://www.globalsouthworld.com/article/zimbabwe-sets-three-year-plan-to-phase-out-us-dollar</link>
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      <pubDate>Sat, 29 Nov 2025 12:16:09 Z</pubDate>
      <description><![CDATA[<p>Deputy Central Bank Governor Innocent Matshe told  mining  executives in Harare that the country is now targeting a full return to a single national currency by 2030, supported by an expanding foreign-exchange buffer.</p>
<p>“We have enough foreign currency reserves that will be able to cover the next three to six months. By 2030, all things being equal, we will have enough foreign currency reserves to transition to a mono-currency,”  Matshe is quoted .</p>
<p>Zimbabwe has struggled for more than a decade to restore a functioning national currency after bouts of hyperinflation forced the  government  to abandon the Zimbabwe dollar in 2009. </p>
<p>The most recent attempt, the ZiG, short for Zimbabwe Gold, was launched in April 2024 and now accounts for roughly 40% of daily transactions. The currency has been buoyed by a sharp rise in global gold prices, with mining companies benefiting from a 48% rally this year.</p>
<p>The gold boom has also lifted activity on the dollar-denominated Victoria Falls Stock Exchange, where several gold-linked stocks have performed strongly. Analysts say the trend has helped stabilise domestic markets and reduce pressure on the foreign-exchange system.</p>
<p>Matshe said the country currently holds around US$1 billion in reserves, but expects to accumulate enough over the next three years to meet the minimum import-cover threshold required for a fully independent national currency.</p>
<p>Zimbabwe’s  central  bank believes stronger reserves, along with a more stable ZiG, will allow the government to gradually end the dual-currency system and reduce reliance on the US dollar.</p>
]]></description>
      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:credit role="photographer">Live Access</media:credit>
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        <media:title>A man holds a ZiG coin, part of Zimbabwe's sixth currency since independence in 1980.</media:title>
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      <dc:creator><![CDATA[Portia Etornam Kornu]]></dc:creator>
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      <title>Suriname's President vows carbon-negative status will remain despite oil production: Video</title>
      <link>https://www.globalsouthworld.com/article/suriname-s-president-vows-carbon-negative-status-will-remain-despite-oil-production-video</link>
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      <pubDate>Fri, 23 May 2025 11:00:05 Z</pubDate>
      <description><![CDATA[<p>As the world's  greenest country , Suriname has for years maintained its status as one of the few carbon-negative countries on Earth.</p>
<p>With 93% of its land covered by rainforest, the country is planning to start oil production from recently discovered offshore reserves. </p>
<p>Although this exercise threatens the carbon-negative status of the country, President Chan Santokhi claims the status will stay the same.</p>
<p>"The oil production can go hand in hand with the carbon negative status because we have also implemented, in addition to the oil and gas, our solar energy program. We will increase the solar energy, which will have a positive impact on our carbon-negative status. We will protect our forests," he told AFP.</p>
<p>This echoes  his pledge at COP28  in Dubai in 2023.</p>
<p>“Let’s be very clear. Suriname will maintain its carbon negative status even when the offshore oil and gas industry is developed,” President Chan Santokhi said during his speech at the High-Level Segment of the 28th Conference of the Parties (COP). </p>
]]></description>
      <source url="https://www.globalsouthworld.com">Global South World</source>
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        <media:title>Suriname president claims oil production can go 'hand in hand' with carbon negative status</media:title>
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      <dc:creator><![CDATA[Abigail Johnson Boakye]]></dc:creator>
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