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Gold Prices Dip as US Debt Deal, Rate-hike Bets Weigh

Gold prices held close to a two-month low on Tuesday as optimism over a US debt ceiling deal and reduced bets for a pause in the Federal Reserve's rate hike policy in June dented the metal's appeal. Spot gold was down 0.2% at $1,938.57 per ounce by 0448 GMT. US gold futures dipped 0.3% to $1,938.30, Reuters reported. US President Joe Biden said on Monday he feels good about prospects for passage by Congress of the debt ceiling deal that he reached with House of Representatives Speaker Kevin McCarthy. ....

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Iraq warned to end oil addiction to avoid 'intensive care' – The Frontier Post

Iraq warned to end oil addiction to avoid 'intensive care' – The Frontier Post
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Iraq warned to reduce reliance on oil - Agência de Notícias Brasil-Árabe

About 90% of Iraq’s budget revenue comes from the oil sector. Experts recommend the country to diversify its economy to combat global warming and not be subject to oil decline. ....

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Iraq Warned To End Oil Addiction To Avoid 'Intensive Care'

Iraq warned to end oil addiction to avoid intensive care ....

United States , United Kingdom , Dhi Qar , Hassanein Makkie , Ammar Al Azzawi , Muzhar Saleh , Ali Al Saffar , United Nations , Rockefeller Foundation , European Union , World Bank , Oil Dependent Iraq , New York Based Rockefeller ,

Iraq warned to end oil addiction to avoid 'intensive care' - Markets

BAGHDAD: Oil-dependent Iraq has been warned its economy risks going into “intensive care” unless it diversifies in. ....

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