1.
U.S. markets recover from steep losses
BAGHDAD, Oct. 2 (UPI) -- The International Monetary Fund agreed to provide Iraq with a $741 million loan, citing the country for its economic stability.
The loan is part of a $3.7 billion loan that has been agreed to in principle, the British Broadcasting Corp. reported Saturday.
The IMF said, "Iraq has continued to make good progress in rebuilding key economic institutions and maintaining macroeconomic stability, under very difficult circumstances."
About 90 percent of Iraq's income comes from its oil industry. It is struggling to rebuild, however, after seven years of armed conflict.
|
|
|
|
|
|
| Additional Business News Stories | |
JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
|
LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
