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...
With Middle East in flames, Texan bunker maker sees business boom
Sulphur Springs – Since the war in the Middle East began nearly two weeks ago, the phone at Ron Hubbard’s bomb shelter company in...
Iraqi News
DNO Makes Possible $271m Offer for Genel Energy
Norwegian oil and gas company DNO ASA has made a possible cash offer to buy Genel Energy plc, valuing the company at around £202...
US Fed Ships $500m Cash to Central Bank of Iraq
A shipment of $500 million in cash has arrived in Iraq from the U.S. Federal Reserve and has been delivered to the Central Bank...
KRG Disputes Dana Gas Deal, “will take All Appropriate Measures”
The Kurdistan Regional Government (KRG) has raised concerns over gas supplies from the Khor Mor field, saying that Crescent Petroleum and Dana Gas started...
Iraq “Considers Removing Three Zeros from Dinar”
The Iraqi federal government is reportedly considering removing three zeros from the Iraqi dinar as it looks for ways to deal with growing financial...
Concerns are growing within Iraq following the negative experience: American companies are draining Iraqi...
Concerns are growing across Iraq as more people question the government's increasing reliance on American companies. Many Iraqis believe that after years of operating...