What You Need to Know About the Middle East, Oct. 31

What You Need to Know About the Middle East, Oct. 31

Assessment

Interactive Video

Business

University

Hard

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The video provides an update on key Middle East stories. OPEC's failure to reach an agreement with non-OPEC members like Brazil, Oman, and Russia has led to a continued fall in oil prices. Internal divisions over Iran and Iraq's roles hindered a broader agreement, with further discussions planned for late November. Turkey's economic data is under scrutiny as it attempts to boost spending to counter a slowdown. A reported budget surplus turns into a deficit under IMF standards, with a record gap of $12 billion in August. The discrepancy means Turkey won't achieve a surplus until at least 2019. Meanwhile, Qatari telecom company OREDO reported third-quarter earnings below analyst estimates, though revenue exceeded forecasts, and shares have risen over 25% this year.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the reported net earnings of OREDO for the third quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in shares for OREDO this year?

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