By Charles Kennedy - Jul 08, 2021, 3:30 PM CDT Iraq’s economy will strengthen this year as a result of higher oil prices but this will not be enough to stabilize it over the long term, according to Moody’s. The ratings agency affirmed Iraq’s stable outlook along with its long-term non-investment grade rating citing the country’s continued over-reliance on oil revenues
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Saudi Arabia and Russia have differences over a potential deal among OPEC+ oil producers that could ease curbs on supply starting in April, a source told RIA news agency on Monday ahead of a meeting of the group next week. The Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, are likely to ease curbs on supply after April given a recover
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While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel. Azerbaijan’s Socar Trading SA predicts global benchmark Brent could hit triple digitsin the next 18 to 24 months, and Bank of America sees potential spikes above $100over the next few years on improving fundamen
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Baghdad: Al Furat News. The economic advisor in the cabinet, Dr. Madhar Muhammad Salih, proposed a set of solutions aimed at confronting the fiscal deficit in the next year 2021 budget, which was initially estimated at approximately 35 trillion dinars, putting at the forefront of these proposals, financing the deficit gap through Improvement in oil revenues and positive deve
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Baghdad/Nasiriya, 2nd November 2020 - Twenty-eight young men and women from Dhi Qar Governorate participated in a three-day virtual workshop, from 29th October to 1st November 2020, to discuss their role in addressing challenges facing their communities. Held under the theme “Iraqi Youth: Pioneers for Dialogue and Stability”, this workshop was the eighteenth, and final one,
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