CAIRO: ‘ Unpaid dues & pensions for 1,500 Egyptian labourers who fled Iraq during 1990 Gulf War total $60-million – Minister ‘

#AceFinanceNews – CAIRO: Aug.22: The unpaid dues and pensions for 1,500 Egyptian laborers who fled Iraq following the 1990 Gulf War total $60 million, Manpower Minister Nahed al-Ashry said in statement Friday.

Ashry attributed the figures to the Central Bank of Egypt and the Iraqi Rafidain Bank, saying that the Iraq has released $2.2 million in unpaid dues to 171 people who worked.

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MARKETS: ‘ Global market turmoil in six charts ‘

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#AceFinanceReport – Aug.22: World stock markets have suffered their worst week of the year so far buffeted by worries over China, a potential US rate rise and troubles in emerging economies.

What do six big moves across markets tell us about increasingly jittery investors?

World stock markets have suffered their worst week of the year so far as concerns about the health of the Chinese economy rattle investors across the globe.

Amid growing concern over a potential hard landing for China and the prospect of a US rate rise, there have been sharp moves on commodity and currency markets as well.

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Original Article: http://www.haaretzdaily.com/global-market-turmoil-in-six-charts/

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