World Bank: Social and Economic Inclusion Key to Stability in Iraq

BAGHDAD, March 26, 2016 –World Bank Group President Jim Yong Kim told a special session of the Iraqi parliament today that the path to stability and shared growth in Iraq lay in empowering local governments, opening up and diversifying the economy, and improving the management of public finances by reforming the public sector and increasing accountability. The speech came duri

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BP Energy Outlook 2016

Introduction and executive summary 4 Base case Primary energy 9 Fuel by fuel detail 19 Key issues What drives energy demand? 44 • The changing outlook for carbon emissions 48 • What have we learned about US shale? 52 • China’s changing energy needs 58 Main changes Key uncertainties 71 • Slower global GDP growth 74 • Faster transition to a lower - carbon world 78 • Shale oil and

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How to overcome Iraq’s economic crisis. By Ali Mamouri *

Iraq’s economic crisis is about to get worse. The government, which relies on oil for 90% of its revenue and 80% of foreign exchange earnings, faces plunging oil prices combined with rampant corruption and the exorbitant cost of battling the Islamic State (IS). Iraqi officials must come up with solutions that take all those circumstances into account. The country's economic pro

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IRAQI LEADERS WELCOME G7 ENVOYS TO BAGHDAD

BAGHDAD — Prime Minister Haider al-Abadi met with G7 leaders on Sunday (Feb. 7), while the House Speaker Salim al-Jubouri met with the British and Romanian Ambassadors to Iraq on Monday (Feb. 8). Ambassadors of the major industrialized countries expressed their countries' full support for Iraq in its financial crisis, which is suffering as a result of the collapse in oil prices

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