One of the top religious leaders in the ISIS-scarred region of northern Iraq says assistance from the U.S. in stabilizing the area is vital to ensuring the safe return of Christians and Yazids.
Iraq's fiscal deficit has been slashed considerably from two years ago, but that's because of the price of oil, not a major reform agenda. Jan. 16 (UPI) -- Iraq is one of the few countries assessed where political risk is a real concern for an economy pegged heavily to the price for crude oil, Moody's said Tuesday
Crude’s jump to $70 triggers warnings of U.S. output surge Ministers prepare to meet in Oman to discuss supply-cuts pact When OPEC and Russia meet this weekend to review their strategy for clearing a global oil glut, they’ll face an unusual problem: it could be working just a bit too well.
Forecast 2.7% expansion above 1.6% economists’ median estimate New taxes, subsidy cuts, oil prices seen weighing on growth Saudi Arabia’s government expects record spending to deliver a strong economic rebound in 2018. Economists say it’s too optimistic, with officials underestimating the impact of new taxes, subsidy cuts and oil prices.