Middle-east Arab News Opinion | Asharq Al-awsat

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PRODUCTIVE PLACE.
PHOTOGRAPHER: ANDREW HARRER/BLOOMBERG

How the Fed Does More with Less

by Mark Whitehouse | Aug 31, 2016 | Opinion

For all the fretting about how U.S. productivity isn’t growing as quickly as it should, there’s at least one place where it appears to be doing pretty well: the Federal Reserve. The Fed plays a much bigger role in the economy and financial system than it did a...

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Fire rises from oil wells, set ablaze by ISIS militants before fleeing the oil-producing region of Qayyara, Iraq, which has been recaptured by Iraqi forces, August 29, 2016. REUTERS/Azad Lashkari

Oil Fires Cast Black Cloud over Qayyara Retaken from ISIS

by Asharq Al-Awsat | Aug 31, 2016 | Middle East

Qayyara-It gets darker earlier these days in the northern Iraqi town of Qayyara, which ISIS militants abandoned about a week ago after setting fire to many of the region’s oil wells. Smoke billowing into the sky during a Reuters visit on Monday blotted out the...

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A Red Crescent convoy carrying humanitarian aid arrives in Kafr Batna, on the outskirts of Damascus, on February 23, 2016 (AFP Photo/Amer Almohibany)

U.N. Pays Millions of Dollars to Assad’s Regime and Family

by Paula Astih, Nazir Rida, Michelle abu NAjm | Aug 31, 2016 | Middle East

Beirut- Paris- The United Nations has been shook to its core, surprised with the scandal surfacing on millions worth of contracts being granted by the world body to members and organizations affiliated with Syria’s head of regime Bashar al-Assad. Assad’s spouse, Asma,...

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An oil field outside of Kirkuk, Iraq. (AFP/File)

Iraq and Kurdistan Reach Agreement on Kirkuk Oil

by Dalshad Abdullah | Aug 31, 2016 | Middle East

Erbil-Iraqi government and Kurdistan Regional Government (KRG) have agreed to import 150,000 bpd barrels from Kirkuk to Turkey. They struck a deal that it will be equally divided between Erbil and Baghdad. The two governments decided to refuse the request of the wife...

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Boys stand around the wreckage of a vehicle at the site of a car bomb attack next to a Shiite mosque in Sana’a, Yemen. (AP Photo/Hani Mohammed)

GCC Official: Alternative Solutions to Yemen’s Occupied Central Bank

by Nayef Al-Rasheed | Aug 31, 2016 | Middle East

Riyadh – Optimism surrounded the preparatory workshop on Yemen’s Post-Conflict Recovery and Reconstruction which concluded its two-day session in Riyadh on Tuesday. GCC Assistant Secretary General for Political Affairs and Negotiations Abdulaziz Aluwaisheg told Asharq...