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IMF: Oil producers better prepared for Ukraine-related economic downturn

The International Monetary Fund’s report also highlighted currency depreciation in Egypt, economic effects of the war in Yemen and Jordan’s fledgling tourism sector. The International Monetary Fund (IMF) released its economic outlook for the Middle East today. The report from the DC-based financial institution highlighted the economic effects of the …

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Turkey may ‘lock’ borders with Syria and Iraq to deal with Kurdish militants

There is speculation about a secret deal between Ankara and Baghdad eyeing a contiguous, 30-kilometer-deep buffer from Syria to Iraq. Turkey’s fresh military operation against Kurdish militants in northern Iraq, under way since April 18, has sparked debates in the Iraqi parliament over claims of a secret deal between the …

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Khamenei urges Iranians to prepare for ‘new world order’

Iran’s Supreme Leader Ayatollah Ali Khamenei told university students that there is a new multipolar world order emerging. During a speech to Iranian university students Wednesday, Iran’s Supreme Leader Ayatollah Ali Khamenei spoke about a number of global developments. Khamenei said, “Today, the world is on the threshold of a …

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