Logo

Logo

Industry

Iraqi PM vows to diversify national economy

Iraqi Prime Minister Mohammed Shia al-Sudani has said that his government is committed to bolstering the industry, agriculture, trade, and tourism sectors, to reduce the country's reliance on oil and transition to a diversified economy.

Currency turmoil

If the current pace of depreciation continues unchecked, it seems inevitable that the reserve will shrink at a fast pace.

Export alarm

But this does little to dispel the unease about Korea’s own deficit. It is unusual for Korea to suffer trade deficits with China for three successive months.