US in the spotlight at WTO meet
At the World Trade Organization (WTO) ministerial meeting in Yaoundé, Cameroon, tensions are building around the future role of the United States in global...
WTO mulls future of global trade under cloud of Mideast war
The World Trade Organization (WTO) is facing a tense and uncertain moment as its 166 members gather in Yaoundé, Cameroon, for the 14th ministerial...
Japan PM asks IEA chief to prepare additional ‘coordinated release’ of...
Fatih Birol said Wednesday in Tokyo that the International Energy Agency is ready to release more oil from its reserves if the situation requires...
Back to black: facing energy shock, Asia turns to coal
Asian countries are turning to coal to keep the lights on and energy prices under control after the Iran war disrupted oil and gas...
Global economy under ‘major threat’ from Strait of Hormuz crisis: IEA...
In Sydney, Fatih Birol, the head of the International Energy Agency, warned that the global economy is in serious trouble because of the energy...
Weakened WTO set for high-level meet under cloud of Mideast war
The World Trade Organization (WTO) is convening its next ministerial conference in Yaounde, Cameroon, from March 26–29, amid mounting global trade tensions, US tariffs,...
Three charged with sneaking Nvidia AI chips from US into China
US prosecutors have unsealed an indictment revealing a $2.5 billion AI chip smuggling scheme involving employees of Super Micro Computer, targeting Nvidia GPUs destined...
Mideast energy shock rattles eurozone rate-setters
The European Central Bank (ECB) is meeting Thursday amid the fallout from the Middle East war, which has sent oil and gas prices surging...
Stocks extend gains and oil dips as US, Israel, Iran continue...
Asian markets mostly rose Wednesday while oil prices dipped, following another tech-led rally on Wall Street. The gains come amid ongoing conflict in the...
Nvidia chief expects revenue of $1 trillion through 2027
San José – Nvidia CEO Jensen Huang said Monday that the company expects to bring in at least $1 trillion in revenue through next...
Oil hovers around $100, stocks mixed as Iran war rages
Oil prices stayed around $100 a barrel on Monday as the conflict between Iran and the U.S. moved into its third week, keeping global...
China says vice premier to leave Saturday for US economic talks...
Beijing – China’s top economic official, Vice Premier He Lifeng, will travel to France on Saturday for talks with his U.S. counterpart, just weeks...
Iraqi News
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...
Al-Jalabi: No new candidate will be nominated for prime minister without Maliki’s official withdrawal.
A member of Iraq’s Coordination Framework, Zuhair al-Jalabi, has clarified the current situation around choosing the next prime minister.He said that Nouri al-Maliki is...
In pictures: Temporary opening of Iraq’s longest bridge
Iraq’s Ministry of Construction and Housing has announced the temporary opening of the Hamrin Lake Bridge in Diyala to traffic.The move is meant to...
USD/IQD exchange rates climb in Baghdad and Erbil
The US dollar opened higher in Iraq on Tuesday, rising in early trading across key markets.In Baghdad, rates at the main exchanges, including Al-Kifah...
The Ministry of Finance denies canceling contracts for 150,000 job positions.
Iraq’s Ministry of Finance has denied reports claiming that 150,000 three-year budget contracts have been cancelled.In a statement, the ministry said the news is...