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
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
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...