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UK inflation falls to lowest in 3 years – data

UK inflation rate dropped to 1.7 percent in September, the lowest rate in three and a half years, according to official data.

Lower airfares and petrol prices were the main drivers behind the fall, showed the data of the Office for National Statistic…

Dollar exchange rate decreased in Baghdad, Basra and Erbil

The exchange rates of the dollar against the Iraqi dinar decreased today, Monday, in Baghdad, Basra and Erbil.

Below is a list of the dollar selling prices:

$100 = 152,800 dinars in Baghdad

$100 = 152,700 dinars in Basra

$100 = 153,000 dinars in E…

Oil prices fall amid demand concerns

Oil prices fell more than $1 per barrel, losing more than 1.5 % in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on China’s economic stimulus plans, which raised concerns about demand.

Brent crude futures f…

Pakistan, China inaugurate New Gwadar International Airport

Prime Minister Shehbaz Sharif and visiting Chinese Premier Li Qiang have virtually inaugurated the New Gwadar International Airport in Pakistan’s southwestern Gawadar port on Monday.

Addressing the inaugural ceremony here in Islamabad on Monday, Prim…

EU imposes new sanctions on Iran

The Council of Europe (CoE) announced on Monday it adopted new restrictive measures against seven individuals and entities following Iran’s missile and drone transfers to Russia.

In a statement, the Council said the decision follows the indication by…