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Iraq Bulletin

Tag : global economy

Business

Gold prices surge to record high near 4500 per ounce

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LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global markets and persistent geopolitical tensions. The benchmark spot price briefly touched $4,497.80 per ounce in early Asian trading, setting a new receord before easing slightly.......
Business

Gold prices rise as risk sentiment weakens globally

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LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm signals from the Federal Reserve that interest rates will remain restrictive until inflation is fully contained. Spot gold was last up 0.3 percent at $2,378.40 per ounce, while U.S.......
Business

UAE strengthens position among fastest-growing economies

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ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in non-oil sectors, rising trade volumes, and sustained investment inflows. Official data and global economic assessments indicated continued growth momentum supported by sound fiscal management and......
Business

OPEC+ to raise oil output by 137000 barrels per day in November

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OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability....
Featured News

South Korean economy sees 2 percent growth in 2024, up from 2023

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Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
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World Bank sees India as a key driver of global economic growth

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The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
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Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

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Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....
Business

Africa must strengthen regional trade to counter global economic shocks

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UNCTAD’s 2024 report warns Africa remains highly vulnerable to global shocks, urging stronger regional trade and policy reforms to unlock AfCFTA’s $3.4 trillion potential....
Business

Global oil demand growth revised down by OPEC by 106,000 barrels per day

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OPEC has revised its 2024 global oil demand growth forecast down by 106,000 barrels per day, citing weaker-than-expected demand in non-OECD regions, impacting overall oil demand....
News

Egypt and India’s strategic symbiosis marking a new era in diplomacy

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Egyptian President Abdel Fattah El-Sisi welcomed India’s Prime Minister, Narendra Modi, in a historic meeting at the Ittihadia Palace in Egypt today. This event marked PM Modi’s first state visit to Egypt, a testament to the growing bond between the two nations. The two leaders held in-depth talks that underscored the......