Iraq Financial News

By Dilara Senkaya and Mehmet Emin Caliskan

Israel-Gaza war Day 29: Benjamin Netanyahu opposes ceasefire unless Hamas frees all hostages. Top-10 updates "I would note that despite the large crowds, Nasrallah himself was not on stage. He was hiding in a bunker like a coward.

opioid epidemic has been shaped by changes in supply. First pharmaceutical companies blanketed the country in legal painkillers. Doctors expanded the use of opioids against chronic pain, such as backache, in the false belief that the risks of addiction were extremely low.

According to its forecasts, its baseline case is for oil prices are expected to average $90 a barrel in the current quarter before declining to an average of $81 a barrel next year as global economic growth slows.

Europe had been moving towards the slaughterhouse for years, and by 1914 a conflict was all but inevitable—that, at least, is the argument often made in hindsight. Yet at the time, as Niall Ferguson, a historian, noted in a paper published in 2008, it did not feel that way to investors. For them, the first world war came as a shock.

The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas widens

Narendra Modi unveiled this ambitious project on 9 September during the G-20 summit in New Delhi. It has the potential to change face of Asia and Europe through the building of transport and communication links via rail, road, and the sea. Along with the US, Saudi Arabia, UAE, the EU, Italy, France, and Germany have signed a Memorandum of Understanding for this project.

Donald Trump pledged to restore the “travel ban" that targeted seven Muslim-majority countries, if he is re-elected to the White House next year. “You remember the travel ban? On day one I will restore our travel ban," Donald Trump said on October 28, while addressing a Republican Jewish Convention in Las Vegas. Donald Trump was referring to the 2017 order issued by his administration, that imposed a blanket ban on the entry of travellers from Iran, Libya, Somalia, Syria, Yemen, Iraq and Sudan.

Trump used a speech to a Republican Jewish convention Saturday to promise reimposition of a controversial travel ban that targeted a slew of mostly Muslim countries if he gets re-elected. «We will keep radical Islamic terrorists the hell out of our country,» Trump told the audience attending the annual summit of the Republican Jewish Coalition. «You remember the travel ban? On day one I will restore our travel ban.» At the start of his presidency in 2017, Trump imposed sweeping restrictions on the entry of travelers from Iran, Libya, Somalia, Syria, Yemen and, initially, Iraq and Sudan.

Israel, escalating a rhetorical back-and-forth that has stoked fears the Israeli conflict with Hamas will spread into a wider regional war. Foreign Minister Hossein Amirabdollahian declined to detail the consequences Iran might have in store.

Joe Biden administration's determination to maintain a delicate balance. In an effort to prevent further aggression, which might be sparked by Israel's fight against Hamas, the United States wants to take maximum action against Iranian-backed organisations that it believes are aiming at the country. At the same time, it wants to avoid escalating the situation and starting a larger conflict, AP added.

Joe Biden has sent a rare message to Iranian Supreme Leader Ayatollah Ali Khamenei warning Tehran against targeting U.S. personnel in the Middle East, the White House said on Thursday after a spate of attacks on American forces in the region. «There was a direct message relayed,» White House spokesman John Kirby said at a news briefing, declining to elaborate. Iran's mission to the United Nations did not immediately respond to a request for comment. U.S. officials want to avoid a wider conflict in the Middle East following the Oct. 7 attack by the militant Hamas group on Israel that killed at least 1,400 people, mostly civilians. About 900 additional U.S. troops are headed to the region or have recently arrived there to bolster air defenses to protect U.S. personnel amid a surge in attacks in the region by Iran-affiliated groups, the Pentagon said.

defence spending would boost the economy. “We can reap a genuine peace dividend this year and then year after year, in the form of permanently reduced defence budgets," he declared in 1992. The world took note.

Investing.com — Investors who rushed into oil thinking it could be a hedge to the Israel-Hamas war are beginning to find out that black gold isn’t quite the haven as gold itself is reputed to be.

NEW DELHI : The Union government has decided to cut the minimum export price (MEP) it set for basmati rice, a person aware of the development said, following complaints by traders that overseas shipments had become unviable. The government, which imposed a floor price of $1200 a tonne for overseas shipments in August to cool domestic prices, approved a decision to reduce it to $950 a tonne in a meeting late on Monday evening, the person cited above said. The decision is yet to be notified.

Emmanuel Macron proposed on Tuesday that an international coalition fighting against Islamic State in Iraq and Syria be widened to include the fight against the Palestinian militant group Hamas in Gaza. Macron gave no detail on how the U.S.-led coalition of dozens of countries, of which Israel is not a member, could be involved. Speaking alongside Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Macron stressed that France and Israel shared terrorism as their «common enemy». «France is ready for the international coalition against Daesh in which we are taking part for operations in Iraq and Syria to also fight against Hamas,» he told reporters, referring to Islamic State. Macron, who warned against the risks of a regional conflict, also said the fight against Hamas «must be without mercy but not without rules». Israeli Prime Minister Benjamin Netanyahu did not directly comment on Macron's proposal but said the fight was a battle between the «axis of evil» and «the free world». «This battle is not merely our own… it's everybody's battle,» he said. The U.S-led coalition fighting Islamic State was formed in September 2014. What began as a major military operation that helped «deliver the military defeat of Daesh in Iraq and Syria», is now focusing on advising and assisting local partners, including with reconnaissance and intelligence, to ensure the group cannot reclaim lost ground, the coalition says on its website. It operates primarily in Iraq. Thirty French citizens were killed by Hamas militants in their attack on southern Israel on Oct.

Israel’s war with Hamas may become a wider Middle East conflagration are flashing ominously. America has sent a second carrier strike group led by the USS Eisenhower to the Persian Gulf. “There’s a likelihood of escalation," said Antony Blinken, the American secretary of state, on October 22nd.

basmati rice exports, government and industry sources said on Tuesday, after farmers and exporters complained it was damaging trade. The government is likely to bring down the floor price, or minimum export price (MEP) for basmati rice, to $950 per metric ton from $1,200 a metric ton, said the sources, who did not wish to be named because the decision has not been made public. India imposed a $1,200 per ton MEP on basmati rice shipments in August to keep a lid on local prices ahead of key state elections.

Antony Blinken and Defence Secretary Lloyd Austin said Sunday that the United States expects the Israel-Hamas war to escalate through involvement by proxies of Iran, and they asserted that the Biden administration is prepared to respond if American personnel or armed forces become the target of any such hostilities. «This is not what we want, not what we're looking for.

By Kanishka Singh

Investing.com — If Friday’s market was any indication, oil gains could be reversed almost as quickly as they are made on news of any thawing of the crisis in the Middle East. The question though is how many hours of relative calm could there be in this conflict before the next headline of an escalation sends traders over the edge again?