The nation’s capital, awash in weapons, is rocked by gunfire. Iraq’s recovery is in doubt as long as politics remain stagnant. The religious leader has called for the dissolution of parliament and the holding of new elections. Moqtada al-Sadr announced he was leaving politics on Monday, his supporters stormed a luxurious government building in Baghdad, … Read more
WASHINGTON: After two weeks of talks, the IMF has said it has advanced efforts to secure an aid program to help Lebanon overcome its “unprecedented and complex” economic crisis, but more work is needed. The country will need fiscal reforms that ensure it can manage its debt load as well as measures to establish a … Read more
WASHINGTON: With inflation expected to remain high for some time, the US central bank is likely to raise interest rates soon after it ends its bond-buying programme in March, a Federal Reserve board member said on Friday. The Fed earlier this week announced it will accelerate the end to its stimulus programme after inflation last month … Read more
