Economy

Oil falls below $62



Oil slipped below $62 a barrel on Friday and was heading for a weekly decline as concern that a virus in China may spread, curbing travel and oil demand, overshadowed supply cuts.

 

The virus has prompted the suspension of public transport in 10 Chinese cities. Health authorities fear the infection rate could accelerate over the Lunar New Year holiday this weekend, when millions of Chinese travel.

 

Global benchmark Brent LCOc1 was down 28 cents to $61.76 at 1115 GMT. The contract is down almost 5% this week, its third consecutive weekly drop. U.S. crude CLc1 slipped 25 cents to $55.34 and was also on course for a weekly decline.

 

“One should be prepared for negative surprises when it comes to Chinese demand,” s...
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Commemoration of 3 Kurdish activists shot in Paris


Thursday, Kurds saluted the seventh anniversary of the assassination of 3 Kurdish women activists in France.

 

The crime took place on January 9, 2013, targeting 3 female Kurdi...


»  3 Kurdish girls die in a fire in Norway
»  Kurdish teenager plays for several European football clubs
 

Susan Rice: U.S. has ‘sold out the Kurds’ with Syria move


Susan Rice, former U.S. ambassador to the United Nations and national security adviser in the Obama administration, joined Judy Woodruff on PBS NewsHour and discussed the Trump administration&rsquo...


»  INTERVIEW: Kurdish leader Ilham Ahmed on security in North and East Syria
»  A political analyst: The subject of the disappeared will be raised for electoral campaigns
 

President Salih conveyed Iraq's message to the world in Davos


Officials and MPs emphasize the importance of participation of the President of the Republic, Dr. Barham Salih in the World Economic Forum in Davos and what he is doing on the internal and external...


»  Amnesty International: More than 600 protesters were killed in Iraq
»  Ethnic cleansing in the formerly Kurdish-dominated north of Syria

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