global economy Archives

Gold prices rise as risk sentiment weakens globally

iraqnewsflash.comDecember 19, 2025December 19, 2025

by iraqnewsflash.comDecember 19, 2025December 19, 2025056

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...

Business

UAE strengthens position among fastest-growing economies

iraqnewsflash.comDecember 18, 2025December 18, 2025

by iraqnewsflash.comDecember 18, 2025December 18, 2025074

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...

Business

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

iraqnewsflash.comOctober 15, 2024October 15, 2024

by iraqnewsflash.comOctober 15, 2024October 15, 20240131

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...

News

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

iraqnewsflash.comJune 26, 2023June 26, 2023

by iraqnewsflash.comJune 26, 2023June 26, 20230430

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...

Business

PM Modi’s progressive policies bolster India-US tech collaboration

iraqnewsflash.comMay 16, 2023May 16, 2023

by iraqnewsflash.comMay 16, 2023May 16, 20230420

In a move that underlines the strengthening of India-US relations, New Delhi and Washington are set to host the inaugural meeting of the Strategic Trade...

Business

US default threatens global crisis as $31.46 trillion debt deadline looms

iraqnewsflash.comMay 12, 2023May 12, 2023

by iraqnewsflash.comMay 12, 2023May 12, 20230418

The United States is facing a potential global economic crisis as it approaches a catastrophic default on its $31.46 trillion debt, according to US Treasury...