Latest Economy News

Member of the Iraqi parliament's foreign relations committee Iqbal Abdul Hussein said that Iraq will need the Russian experience to get out of financial crisis. CAIRO (Sputnik) – Baghdad needs Moscow’s experience and assistance to overcome the economic crisis that has developed in the country amid a sharp drop in oil prices, member of the Iraqi parliament's foreign relations co

ERBIL, Kurdistan Region - At a high-level meeting with Iraqi provinces' officials, Iraq's Prime Minister Haider al-Abadi discussed the economic crisis the country has been suffering and said that when there is a stable security situation brought about the economy will develop. "Iraq will strongly prevail over the economic crisis it is suffering from through patience and cooper

BAGHDAD, February 11. /TASS/. Russian Deputy Prime Minister Dmitry Rogozin has called for diversifying Russian-Iraqi trade and declared that there had emerged plans for joint projects of interest in various spheres. Speaking in Baghdad at a meeting of the bilateral inter-government commission, the first over many years, Rogozin said that the preceding consultations by experts a

Berlin (AFP) - Iraqi Prime Minister Haider al-Abadi urged Kurdistan on Thursday to drop any plans for independence, criticising a proposed statehood referendum and warning the autonomous region would not prosper on its own. Abadi also highlighted the economic crisis Iraq faces, saying that oil revenues had fallen by 85 percent compared to two years before -- a major challenge m