Eco - MN iraq News

Eco 01 Jun 2026

Global Demand Slump and Prospects of US-Iran Ceasefire Threaten Oil Price Forecasts

Goldman Sachs has warned that weak oil demand in China and Europe poses a significant risk to its previous crude price forecasts for the fourth quart...

A Ship Carrying 44,000 Tons of Rice Arrives at the Port of Aqaba to Support the Food Basket

Government authorities handling the food and trade portfolio announced the arrival of a massive commercial cargo ship at the Port of Aqaba, loaded wit...

$59 Billion Additional Burden on American Households Due to Regional War Repercussions

Recent economic reports indicated on Saturday, May 30, 2026, that American households have incurred approximately $59 billion in additional fuel costs...

Iraq's Water Crisis: Escalating Drought and Warnings of Severe Future Repercussions

Iraq is facing a severe water crisis that poses a growing threat to its future and stability, driven by a sharp decline in water resources due to clim...

Parliamentary Demands to Review Investment Contracts in Traffic Departments Amid Rising Transaction Costs

MP Mohammed Jassim Al-Khafaji criticized the management mechanism of traffic departments in the country, noting that the decision to outsource them to...

Slight Decline in Iraqi Oil Prices in Global Markets

Iraqi oil prices recorded a slight decline during weekly trading in global markets. According to economic data, the price of Basra Medium crude fell t...

Economic Warnings of an Impending Food Crisis in Iraq Due to Escalating Tensions and Corridor Closures

Alarming regional security developments and the closure of strategic maritime corridors have imposed severe repercussions on Iraq's food security port...

Government Prepares to Disburse Delayed Financial Dues to Farmers After the Holiday

Parliamentary sources close to financial and agricultural decision-making circles announced the imminent release of delayed financial dues for Iraqi f...

Prime Minister Issues Financial Directives to Support Development and Diversify Income Sources

Prime Minister Ali Falih Al-Zaidi issued a package of urgent directives on Saturday during his visit to the Ministry of Finance, emphasizing the need...

Ministry of Finance Begins Disbursing Civil Servants' Salaries for May

The Ministry of Finance announced on Saturday the commencement of funding for the salaries of civil servants for the current month of May. In an offic...

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5 months ago