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...
Trump says will waive some oil sanctions as Iran war roils...
US President Donald Trump said on Monday that he plans to waive certain oil sanctions to increase supply and help lower prices, following market...
Asian equities plunge as oil soars 30% on Mideast crisis
Asian Stocks Tumble as Oil Soars on Middle East Conflict
Asian markets took a big hit on Monday as oil prices shot up nearly 30%...
Sony faces $2.7 bn class action from UK PlayStation users
Sony Corporation is set to face a £2 billion ($2.7 billion) class-action lawsuit in London starting Tuesday, accused of breaching competition law by overcharging...
China FM urges US to manage differences in face of trade...
Wang Yi, China’s top diplomat, urged the United States on Sunday to resolve its differences with China, as tensions continue over trade tariffs and...
Google gives CEO new pay deal worth up to $692 million
Sundar Pichai could earn up to $692 million over the next three years under a new compensation plan disclosed Friday by the U.S. Securities...
Brazil’s Petrobras sees profit soar on record output
Petrobras said its profits nearly tripled last year, hitting $19.6 billion, up from $7.5 billion in 2024, thanks to record oil and gas production....
China sets lowest growth target in decades as consumption lags
Beijing – China has set its lowest annual growth target in decades, aiming for 4.5–5 percent in 2026, as authorities focus on tackling sluggish...
Exceptional Customs Measures Introduced to Ease Port Congestion
Iraq’s General Customs Authority has introduced temporary exceptional measures to speed up the flow of goods and reduce congestion at ports, following directives from...
AI not hitting European jobs for now: ECB
European Central Bank (ECB) economists report that, so far, artificial intelligence has had only a limited effect on employment across Europe. Analyzing data from...
Chinese consumers scout lower prices, secondhand goods as spending sputters
In Shanghai, shoppers are increasingly turning to secondhand goods as stagnating wages, youth unemployment, and a prolonged property crisis reshape consumer behavior. Items that...
Iraqi News
Al-Fariji: Raising the value of the dollar against the dinar does not represent financial...
Crisis expert Ali al-Fariji has criticized the Iraqi government's decision to raise the dollar's value against the dinar, saying the move alone does not...
IMF Forecasts Bigger Contraction for Iraqi Economy
The International Monetary Fund (IMF) has revised its economic forecasts to account for the ongoing conflict in the Middle East, warning that several energy-producing...
Najaf Solar Plant Capacity Could Double
Iraq is reviewing plans for a solar power station in Najaf province, with discussions under way about increasing the project's capacity from 1,000 megawatts...
Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.
Iraqi oil prices rose on Wednesday as crude prices also increased in global markets. Gains were recorded across all major grades, including Basra Heavy,...
Two weeks to recalculate the budget… Parliamentary Finance Committee reveals the repercussions of the...
Former Parliamentary Finance Committee member Mohammed al-Shabaki said the Iraqi government will need at least two weeks to restructure the budget following the decision...