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Syrian Oil: ‘$48Bn Losses’
...SYRIA Syrian Oil: ‘$48Bn Losses’ Damascus says “direct and indirect loss” to the oil and gas sector in Syria since the March 2011 start of the country’s civil war have reached $48bn. Oil minister Sulaiman al-‘Abbas, tells local daily al-Watan that since then “terrorist groups” ha...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
S&P Junks Iraqi Bond
...GDP in 2014. S&P is also projecting public debt to rise to 65% of GDP in 2015-18 from about 39% in 2014. With the collapse in oil prices, the agency expects the current account which had an average surplus of 10% of GDP in 2011-14 to turn to a deficit averaging 3% of GDP in 2015-18. Iraq plans to...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015