September 30, 2023 The central bank is working to ban dealing in dollars internally and the electronic platform ends next year {Economic: Euphrates News} The Governor of the Central Bank of Iraq, Ali Al-Alaq, said on Saturday that the Central Bank is working to ban dealing in dollars internally, pointing out […]
September 16, 2023 U.S. crude oil hits year high, stoking inflation fears The U.S. benchmark crude oil has achieved a record high for the year, with prices exceeding $90 per barrel on Friday, September 15, 2023. This increase accompanies a notable rise in diesel […]
August 28, 2023 Home prices could surge over the next year as affordability crisis worsens Housing affordability is already at the lowest level in decades – and the problem may soon get worse. In a new analysis, Zillow economists estimated that home prices will rise […]
August 11, 2023 Dow up, S&P 500 flat and Nasdaq heading for first back-to-back weekly loss of year ‘There’s a growing realization that we have no revenue growth,’ says Schwab’s Liz Ann Sounders. The Dow Jones Industrial Average was clinging to a modest gain Friday, while the S&P […]
August 11, 2023 U.S. energy stocks are back on top as sector leads Wall Street for first time since last year U.S. energy stocks have zoomed higher in August, reclaiming their spot as the undisputed market leader for the first time since late 2022, when the sector was among the few […]
April 11, 2023 IMF cuts forecast for average oil prices to $69 a barrel for next year The International Monetary Fund on Tuesday cut its forecast for global growth in 2023 from 2.9 to 2.8 percent. The useful abbreviation. In the important news, you find it on […]
March 20, 2023 Gold surpasses $2,000 for the first time in a year {Economic: Euphrates News} Gold prices jumped 1 percent, their highest since March last year on Monday to offset part of the losses they recorded earlier. And with concerns about the […]
April 2, 2016 The Oil & Gas Year Abadi nominates Kurd as new oil minister Iraqi Prime Minister Haider Al Abadi on Thursday announced the selection of Nzar Mohammed Salim Doski, a Kurdish professor, as minister of oil […]
