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South Korea retail sales climb 5.6% in March

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Iraq Bulletin

Tag : global finance

Business

Argentina settles U.S. Treasury swap obligation in full

iraqbulletin.co
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025, according to statements from U.S. and Argentine authorities. The repayment closes out Argentina’s use of......
Business

UN flags global economy operating near stagnation

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NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United Nations. The organisation said current conditions reflect an environment in which economic activity is restrained and operating close to stagnation in many regions, with growth......
Business

OPEC Fund commits $2bn to boost Africa’s development

iraqbulletin.co
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the period 2026 to 2030, reaffirming its ongoing financial support for Africa’s economic and social development. The agreement was disclosed by OPEC Fund President Abdulhamid Alkhalifa......
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HSBC job cuts in Hong Kong part of $2.5B savings plan

iraqbulletin.co
HSBC will announce $1.5 billion in cost savings and 40 job cuts in Hong Kong as it restructures, with further layoffs expected as part of a shift towards Asian markets....