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Iraq Bulletin

Month : October 2022

Business

UK PM Truss sacrifices finance minister, scraps tax plan in fight for survival

iraqbulletin.co
In a desperate attempt to stay in power and survive the current market and political turmoil gripping the country, British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of their economic package. In the aftermath of Truss’s eight-minute news conference at Downing Street,......
Business

Asian central banks have been urged by the IMF to tighten policy further

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The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is because rising commodity prices and their currencies’ depreciation, driven by steady U.S. interest rate hikes, contribute to inflation exceeding their targets. China and Japan are exceptions, where the economic recovery has been......
News

Israeli-Lebanese maritime border demarcation is welcomed by the UN

iraqbulletin.co
The United Nations Secretary-General Antonio Guterres has welcomed the announcements that the Governments of Lebanon and Israel have formally agreed to reach a settlement of their maritime boundary dispute, as mediated by the US, as part of the joint effort. A spokesperson for the Secretary-General, Stephane Dujarric, quoted Guterres as......
Entertainment

Broadcasts glorifying drugs and crime are banned in Jamaica

iraqbulletin.co
The Jamaican broadcasting regulator has banned music and TV broadcasts that glorify or promote criminal activity, violence, drug use, scams or weapons. According to the government, the ban is intended to reduce material that “could give the wrong impression that criminality is accepted in Jamaican culture and society.” It will......