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...
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...
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...
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...
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...