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Iraq Bulletin

Month : February 2026

News

India baggage rules 2026 drop jewellery value cap

iraqbulletin.co
NEW DELHI: India’s updated baggage framework took effect on February 2, 2026, changing how returning travelers can bring personal goods into the country and revising long-standing limits on jewellery carried in baggage. Under the Baggage Rules, 2026, eligible passengers may bring gold, silver and other precious metal jewellery under a special duty-free allowance......
Business

China electric cars reshape fuel demand and Venezuela oil flows

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BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International Energy Agency said China sold over 11 million electric cars in 2024, with electric models......
Health

WHO IARC maps preventable cancer risks across 185 countries

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LYON: Nearly four in 10 cancer cases worldwide could be prevented by reducing exposure to known, modifiable risk factors, according to a new analysis from the World Health Organization and its cancer research agency released for World Cancer Day. The assessment estimated that 37% of new cancer diagnoses in 2022, about 7.1 million......
Business

South Korea inflation eases to 2.0% in January

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MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The CPI, with 2020 set to 100, rose to 118.03 in January. On a month-to-month basis, prices increased 0.4%, following a 0.3% rise in December. The......
Business

Modi unveils 2047 tax holiday to grow India data centres

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MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget 2026 to strengthen the country’s role in global digital infrastructure......
News

UAE President meets IMF Managing Director in Abu Dhabi

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MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu Dhabi on Monday, as the two sides discussed areas of cooperation and current global economic developments. The meeting took place during Georgieva’s visit to the......
Business

Gold and silver selloff ripples into stocks and commodities

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MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger U.S. dollar. The drop reverberated across commodities and global equities, underscoring how quickly......