The global transition to clean, low-carbon energy is gaining momentum with the impetus from the coronavirus pandemic this year likely to be “turning point” for climate change, International Energy Agency Continue Reading
Cabinet considers new borrowing legislation to fund massive deficits after political headwinds stopped attempts to pass a full 2020 budget. Iraqi Finance Minister and Deputy Prime Minister (second from right) Continue Reading
Washington has made preparations to withdraw diplomats from Iraq after warning Baghdad it could shut its embassy, two Iraqi officials and two Western diplomats said, a step Iraqis fear could Continue Reading
Global oil demand has another decade to grow until peaking in 2030, Mubadala Investment Company, one of the largest state wealth funds of the United Arab Emirates (UAE), believes. The Continue Reading
A man rides a scooter along Valiasr Square in Tehran on Sept. 27. The Trump administration is considering fresh sanctions to sever Iran’s economy from the outside world except in Continue Reading
It can safely be surmised that whatever the new Iraqi Prime Minister, Mustafa al-Kadhimi, told U.S. government officials during his visit last month to Washington went down like a lead Continue Reading
The former CEO of the bank responsible for handling Libya’s oil wealth has been arrested for fraud, according to Libyan security and judicial officials cited by Bloomberg —and the bank Continue Reading
STRONG indications emerged Monday that hardship looms in Nigeria following the nation’s over-reliance on oil as the Federal Government has raised the alarm that the days of crude oil are Continue Reading
Whenever fighting has erupted between Armenia and Azerbaijan over the disputed territories claimed by both neighbors, demands from Moscow have ultimately forced the two post-Soviet states to the negotiating table. Continue Reading
Fierce fighting has broken out between Azerbaijan and its ethnic Armenian enclave of Nagorno-Karabakh, a new and dangerous eruption of a decades-old conflict. WHERE AND WHAT IS NAGORNO-KARABAKH? It’s a Continue Reading
