Iraq Bulletin

Tag : Exports

Business

Pharmacy emerges as top category in EU’s high-tech exports, valued at €446 billion

admin
The European Union (EU) witnessed a substantial surge in high-tech imports from non-EU countries in 2022, totaling an estimated €482 billion—an impressive 22% increase compared to the previous year. Meanwhile, the EU’s exports to these countries reached €446 billion, reflecting a notable 16% growth. China emerged as the dominant source......
Business

Chinese Yuan hits record lows against surging US dollar

admin
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic currency hitting its weakest level since the 2008 global financial crisis. This depreciation comes as the dollar continues to rise against other major currencies due......