1. 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: 58
    Issue: 37
    Published at Fri, 11 Sep 2015
  2. 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: 58
    Issue: 37
    Published at Fri, 11 Sep 2015