World Bulletin / News Desk
Iraq has signed contracts to buy weapons from Russia worth more than $4.2 billion recently, according to a Russian government document issued on Tuesday at a meeting between Prime Minister Dmitry Medvedev and Iraqi Prime Minister Nuri al-Maliki.
Russian President Vladimir Putin vocally opposed the U.S-led invasion of Iraq in 2003 but Moscow has since sought energy and arms deals with Baghdad and the contracts mean Iraq is now one of Russia's biggest weapons buyers.
The contracts were signed during visits to Russia by Iraq's acting defence chief in April, July and August, the document showed. It gave no further details.
The Russian daily newspaper Vedomosti reported late last month that contracts worth $4.3 million were being agreed ahead of Maliki's visit. It said they included deals for 30 Mi-28NE combat helicopters and 42 Pantsir-S1 mobile rocket launchers.
Russia delivered about $12 billion in weapons and signed about $3.7 billion in new arms contracts last year, according to Russian defence and security think-tank CAST.
Under current conditions, the IEA expects global output to exceed demand until the second half of 2017, Fatih Birol told journalists on the sidelines of an energy conference in Singapore.
The decision comes as the steel arm of the sprawling $100 billion conglomerate struggles to offload its loss-making British assets while its carmaking business continues to be plagued by weak sales.
Water quality and shortages also remain threat to health of many with onset of diseases
Bank expects ‘solid rise in energy prices, led by oil' next year
Bank of Uganda Governor Emmanuel Tumusiime-Mutebile said in a statement the bank would remain open, continue to operate normally and that the central bank would protect deposits.
Four presidents meet, but hopes of diplomatic breakthrough for cease-fire in eastern Ukraine remain low
Having taken years to negotiate, some producers voiced impatience for the deal to now be finally sealed; others simply fail to see why anyone would reject it.
"The value of this project will be $10 billion with a final production level of 600,000 barrels of oil per day," he said in Tehran.
Bangladesh has been one of the worst victims of global warming, with thousands of people being killed by cyclones in recent years that have become more frequent and deadlier.
Exporting Israeli gas via Turkey to Europe is viable option, says Israeli Energy Minister
French energy group EDF views Turkey as 'growth country' with more room for nuclear, renewable and hydro projects, VP says
"If OPEC sticks to its new target, the market's rebalancing could come faster," it said.
Further warrants issued against police suspected of using ByLock messaging service
A stock index of firms compliant with the principles of Islamic Sharia law, in cooperation with Bosna Bank International was launched today
Azerbaijani President Ilham Aliyev says bilateral energy projects with Turkey play key role for energy security in region
Oliver Hart, Bengt Holmstrom receive award for work on role of legal agreements