Economic Updates - Follow-Up U.S. Treasury Secretary Scott Besent addressed recent comments he made regarding the removal of inefficiencies from the American economy, emphasizing that such efforts should not be
Challenges in Kurdistan Oil Exports: A $1 Billion Impasse The export of oil from the Kurdistan Region remains at a standstill, with approximately 115,000 barrels of oil caught in a
American City Bank Group's $81 Trillion Error: A Case Study in Operational Oversight In a startling operational error, the American City Bank group mistakenly credited a customer's account with $81
Al-Rafidain Bank Issues Warning on Electronic Payments in Digital Trading On February 28, 2025, Al-Rafidain Bank issued an advisory cautioning its customers against the use of electronic payment methods, such
Significant Losses in Cryptocurrency Amid Ongoing Sales Market Overview The cryptocurrency market has experienced substantial downturns, reflected in the cascading losses across various digital assets. Recent data indicates a pervasive
Economic Update - Follow-Up Glencourt, a leader in the production and marketing of natural resources, declared a pre-tax loss of $998 million for the past financial year, a stark contrast
The Wave of Penalties for Iraqi Banks: Signaling New Regulatory Pressures? In recent developments, Iraqi banks are facing a wave of regulatory penalties, which raises concerns about the potential for
Economy Update - Follow-Up In a recent statement, the Governor of the Turkish Central Bank, Fateh Karahan, affirmed that the institution is "prepared to implement measures" to address risks arising
US Treasury Introduces New Restrictions on Iraqi Banking Sector In a significant development impacting the Iraqi banking landscape, recent information has emerged regarding upcoming restrictions dictated by the US Treasury.
Major insurance firms are facing substantial financial losses due to the recent forest fires in Los Angeles, with estimates running into billions of dollars. This information comes as insurers publicly