Download PDF Tariq Shafiq- Researched Highlight of the Oil Matrket Generally speaking, oil prices go up when the global economy is robust, world demand is rising, suppliers are pumping at maximum levels, and little stored or surplus capacity is on hand. They tend to fall when, as now, the global economy is stagnant or slipping, energy demand is tepid, key suppliers fail to rei
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The deployment of Turkish troops to northern Iraq has sparked strong criticism from Baghdad, threatening political and economic ties between the two countries. The decision by Turkey to send additional troops to northern Iraq to train Kurdish and Sunni militia fighters against the Islamic State drew intense criticism from Iraq and international powers this month. Though Turkey
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CAMBRIDGE – One of the biggest economic surprises of 2015 is that the stunning drop in global oil prices did not deliver a bigger boost to global growth. Despite the collapse in prices, from over $115 per barrel in June 2014 to $45 at the end of November 2015, most macroeconomic models suggest that the impact on global growth has been less than expected – perhaps 0.5% of global
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The International Monetary Fund may provide a large loan to Iraq in 2016 to help stabilize the country's finances as it grapples with low oil prices and the Islamic State insurgency, a senior IMF official said. An IMF team will discuss with Iraqi officials early next month how to create a Staff-Monitored Programme for Baghdad - an arrangement under which the Fund would monitor
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CAMBRIDGE – Ever since the late nineteenth century, when economics, increasingly embracing mathematics and statistics, developed scientific pretensions, its practitioners have been accused of a variety of sins. The charges – including hubris, neglect of social goals beyond incomes, excessive attention to formal techniques, and failure to predict major economic developments such
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