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<ul><li><strong>The country's foreign exchange reserves have increased thanks to the rise in oil prices in the global markets recently. </strong></li><li><strong><keyword id="6355112" type="General" weightage="100" keywordseo="iraq" source="Orion">Iraq</keyword>'s economy heavily relies on crude oil exports, which account for more than 90 per cent of the country's revenues.</strong></li><li><strong>An <keyword id="318416" type="General" weightage="80" keywordseo="icb" source="Orion">ICB</keyword> advisor warned that the size of foreign exchange reserves is not an absolute indicator for economic recovery. </strong></li></ul><br />Iraq's foreign exchange reserves have surpassed $87 billion, the highest level the central bank has seen since its establishment in 1947, local media reported.<br /><br />"The financial reserves (of foreign currency) in the <keyword id="5690036" type="General" weightage="50" keywordseo="iraqi-central-bank" source="Orion">Iraqi Central Bank</keyword> (ICB) reached the highest level and are expected to exceed $100 billion in the future," <keyword id="106387" type="General" weightage="50" keywordseo="xinhua-news-agency" source="Orion">Xinhua news agency</keyword> quoted <keyword id="15127864" type="General" weightage="20" keywordseo="ihsan-al-yaseri" source="Orion">Ihsan al-Yaseri</keyword>, an ICB advisor, as saying to local media.<br /><br />The country's foreign exchange reserves have increased thanks to the rise in oil prices in the global markets since the outbreak of the Russia-Ukraine war, benefiting Iraq and other oil-exporting countries, according to <keyword id="15127865" type="General" weightage="20" keywordseo="al-yaseri" source="Orion">al-Yaseri</keyword>.<br /><br />However, he warned that the size of foreign exchange reserves is not an absolute indicator for economic recovery because the most important thing is the financial guidance and the discipline of government expenditure."<br /><br />"Every uncontrolled government spending indirectly affects and decreases the reserves," al-Yaseri said.<br /><br />Iraq's economy heavily relies on crude oil exports, which account for more than 90 per cent of the country's revenues. <br /><br />SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/rbi-does-not-have-fixed-dollarrupee-exchange-rate-shaktikanta-das/articleshow/94555509.cms">RBI does not have fixed dollar:rupee exchange rate: Shaktikanta Das</a><br /><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/presidential-commission-recommends-stamping-of-h-1b-visas-inside-us/articleshow/94551768.cms">Presidential commission recommends stamping of H-1B visas inside US</a><br /><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/us-imposes-sanctions-on-indian-company-over-alleged-iran-oil-deal/articleshow/94549109.cms">US imposes sanctions on Indian company over alleged Iran oil deal</a>

Iraq's forex reserves hit record high as oil prices soar

<div id="ooyalaplayer" style="width: 800px; height: 450px;"></div><div style="display:none;" id="kalturavideoplaceholder">kalturavideoplaceholder</div><div><div><div class="g-ytsubscribe" data-channel="BusinessInsider" data-layout="full" data-count="default"></div></div></div><p class="embed-spacer"></p><p>Kiplinger.com put together a list of the <a href="http://www.businessinsider.com/the-most-expensive-us-cities-to-live-in-2014-6">most expensive cities to live in the US</a>&#xa0;using data on 308 urban areas collected by the C2ER. Here are the top 9.&#xa0;</p><p><em>Produced by Devan Joseph</em></p><p><strong>Follow BI Video:</strong>&#xa0;<a href="https://www.facebook.com/BusinessInsider.Video?ref=br_tf">On Facebook</a></p>

The 9 most expensive cities in America

<p></p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div><ul><li><strong>Facebook executives waded into a firestorm of criticism on Saturday, after <keyword id="6355005" type="COMPANY" weightage="60" keywordseo="News">news</keyword> reports revealed that a data firm with ties to the Trump campaign harvested private information from millions of Facebook users.</strong></li><li><strong>Several executives took to Twitter to insist that the data leak was not technically a "breach."</strong></li><li><strong>But critics were outraged by the response and accused the company of playing semantics and missing the point.</strong></li></ul><p>Facebook and its executives faced a torrent of backlash on Saturday following news reports that the data firm Cambridge Analytica, which worked on the Trump campaign in 2016, <a href="http://www.businessinsider.com/cambridge-analytica-trump-firm-facebook-data-50-million-users-2018-3" target="_blank" rel="noopener">improperly harvested private information</a> from 50 million Facebook users.</p><p>The company quickly faced calls for increased regulation and oversight, and Massachusetts' Attorney General, Maura Healey, even announced an investigation.</p><p>"Massachusetts residents deserve answers immediately from Facebook and Cambridge Analytica," <a href="https://twitter.com/MassAGO/status/975052674818347013" target="_blank" rel="noopener">Healey said on Twitter</a>.</p><p>Sen. Amy Klobuchar of Minnesota also excoriated the company, demanding that Facebook CEO Mark Zuckerberg face the Senate Judiciary Committee for questioning.</p><p>"This is a major breach that must be investigated. It's clear these platforms can't police themselves," <a href="https://twitter.com/amyklobuchar/status/975158333446541312" target="_blank" rel="noopener">she said on Twitter</a>. "I've called for more transparency &amp; accountability for online political ads. They say 'trust us.' Mark Zuckerberg needs to testify before Senate Judiciary."</p><p>But much of the online outrage came after multiple Facebook executives took to Twitter to respond to the news reports, insisting the incident was not a "data breach."</p><p>"This was unequivocally not a date breach," longtime Facebook executive Andrew Bosworth <a href="https://twitter.com/boztank/status/975018461997887494" target="_blank" rel="noopener">tweeted</a>. "People chose to share their data with third party apps and if those third party apps did not follow the data agreements with us/users it is a violation. no systems were infiltrated, no passwords or information were stolen and hacked."</p><p>In a <a href="https://twitter.com/aprilaser/status/975078309930311680" target="_blank" rel="noopener">series of tweets</a> that have since been deleted, Facebook's chief security officer, Alex Stamos, insisted that although user's personal information may have been misused, it wasn't retroactively a "breach."</p><p>"The recent Cambridge Analytica stories by the NY Times and The Guardian are important and powerful, but it is incorrect to call this a "breach" under any reasonable definition of the term," Stamos tweeted. "We can condemn this behavior while being accurate in our description of it."</p><p>Twitter users were not satisfied with that response - many accused the executives of deliberately missing the point by focusing on semantics.</p><p>"It amazes me that [the Facebook executives] are trying to make this about nomenclature. I guess that's all they have left," Frank Pasquale, a University of Maryland law professor who has written about tech companies' use of data, <a href="https://www.reuters.com/article/us-facebook-cambridge-analytica-regulati/facebook-critics-want-regulation-investigation-after-data-misuse-idUSKCN1GU01A?feedType=RSS&amp;feedName=topNews&amp;utm_medium=Social&amp;utm_source=twitter&amp;__twitter_impression=true" target="_blank" rel="noopener">told Reuters</a>. "The lid is being opened on the black box of Facebook's data practices and the picture is not pretty."</p><div></div><div></div><div></div><div></div>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/samsung-galaxy-s9-review-best-worst-features-2018-3">The best and worst features of the Samsung Galaxy S9</a></h3>        <div>                    </div>    </div></hr>

Facebook and its executives are getting destroyed after botching the handling of a massive data 'breach'

<p><span><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div></span></p><p>To be black and a law enforcement officer is to be part of two communities that, at times, seem&#xa0;completely at odds.</p><p><span>Black officers&#xa0;experience a unique&#xa0;tension because, perhaps more than anyone, they understand just how difficult the job is, while also empathizing with communities of color that report being more frequently victimized by police officers.</span></p><h3><span>12 days of violence</span></h3><p><span>After the deaths of two black men who were shot by police - &#xa0;<a href="http://www.thisisinsider.com/black-police-officer-has-powerful-message-about-police-brutality-2016-7">Alton Sterling</a><span> in Baton Rouge, Louisiana and </span><a href="http://www.thisisinsider.com/celebrities-react-to-deaths-of-alton-sterling-and-philando-castile-2016-7">Philando Castile</a><span>&#xa0;in St. Paul, Minnesota - t</span>ension between police officers and black people reached a high point this July.&#xa0;In retaliation, there have been several attacks on police officers, including an ambush in Baton Rouge that led to the&#xa0;</span><span>deaths of <a href="http://www.thisisinsider.com/psychology-of-dallas-and-baton-rouge-police-shooters-2016-7">three officers.</a></span></p><p>One of the officers to die in that attack was&#xa0;Montrell Jackson, both a black man and an officer. Two weeks before he was killed, Jackson posted a <a href="http://www.thedailybeast.com/articles/2016/07/17/slain-baton-rouge-cop-haunting-final-facebook-post-please-don-t-let-hate-infect-your-heart.html">message on Facebook</a> about how, in a way, as a black cop, he is the embodiment of the contentious nationwide debate.<br><span></span></br></p><p>"In uniform I get nasty hateful looks and out of uniform some consider me a threat," Jackson wrote.</p><p><div></div></p><p><em>Four black law enforcement officers in the New York area, both currently on the force and recently retired, spoke with <keyword id="79969" type="ORGANIZATION" weightage="100" keywordseo="insider">INSIDER</keyword> from their unique perspective and shared how to solve this problem that only seems to be getting worse.</em></p><h3>Black officers sometimes fear the police, too</h3><p>Damon&#xa0;Jones is a Mount Vernon, New York Corrections Officer and the New York representative for<a href="http://www.bleausa.org/"> Blacks in Law Enforcement of America</a>.&#xa0;He's listened&#xa0;to the concerns of black officers for years and noticed&#xa0;that the concerns in the black community are often shared by black officers.<br><span></span></br></p><p></p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div><p>"How do you stand up for your community and work in a department that doesn't treat your community the way it treats other communities?" Jones asked.</p><p>Each of the officers we talked to said he was&#xa0;concerned for either his&#xa0;own safety while out of uniform or the safety of their black family members when confronted by the police.</p><h3>Black officers experience racism on the job</h3><p>The officers&#xa0;did not deny the racial tension between the black community and the police, and told stories of their own experiences with racism on the force.</p><p>Michael Hannon is an officer in White Plains, New York, who became a cop because he wanted to help his community. He told INSIDER he remembers being at target practice while in the police academy and watching one of his instructors write "FUBU" on the chest of one the targets. FUBU was a popular urban clothing line in the '90s. It stands for "For Us By Us,"<span>-</span>&#xa0;us meaning the black community. Hannon said he remembers the instructors chuckling about what was written&#xa0;on the target.</p><p></p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div><p>Harold Thomas spent just shy of 30 years working as&#xa0;a NYPD officer and elite detective. In 2012 he was leaving the New York nightclub where he was celebrating his birthday when he was approached by police as he walked up to his white Escalade. He told INSIDER that he tried to tell&#xa0;the cops that he was a fellow officer,&#xa0;but he ended up with his head pressed against his car and charged with assaulting an officer among other things. All charges were dropped. Thomas is confident this would never happen to a white officer.</p><h3><strong>Though they criticize law enforcement, they don't respect the badge&#xa0;any less</strong></h3><p>While each officer described having to deal with racism from colleagues, which is&#xa0;<a href="http://www.reuters.com/article/us-usa-police-nypd-race-insight-idUSKBN0K11EV20141223">not an uncommon complaint</a> among black officers, they still said they took&#xa0;pride in their work while on the force.</p><p><span>Police violence in communities of color has been politicized. This often pits officers against the black community and those who sympathize&#xa0;with their concerns. But the officers we spoke to illustrate&#xa0;that it is possible to care about both communities. After all, they are members of both. When asked about the recent police ambushes all four officers were quick to condemn the attacks and expressed sadness about their fallen colleagues.</span></p><p><span>"I know people that work in Dallas," said Damon Jones, the correctional officer in Mount Vernon. "I was heartbroken."</span></p><h3><strong>All police aren't against Black Lives Matter and the Black Lives Matter movement isn't against all police</strong><br><span></span></br></h3><p>The debate is often framed as Black Lives Matter activists against every police officer and vice versa. Though&#xa0;the officers that spoke to INSIDER had some constructive criticism for the movement, they said&#xa0;they understand&#xa0;its purpose.<br><span></span></br></p><p></p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div><p>Corey Pegues is a retired NYPD Deputy Inspector. He described himself as a "major Black Lives Matter fan." In fact, though Pegues is not personally involved in the movement, there are similarities between their goals and what he tried to do while on the force. Pegues acknowledged that the vast majority of officers&#xa0;are good cops, but, "If there was a cop unhinged in front of me, I would put him in check right there on the spot." He sees Black Lives Matter activists as protesting against that same group of officers.</p><h3><strong>Four steps&#xa0;that we can take to turn the situation around</strong><br><span></span></br></h3><p>To start, <strong>we should hire more minority police officers</strong>, the officers who spoke to INSIDER agreed.<br><span></span></br></p><p>Retired officer Harold Thomas&#xa0;helps mentor young minorities who want to become officers. He said&#xa0;until more fair-minded and sympathetic officers join departments across the country, nothing will change.<br><span></span></br></p><p></p><div class="KonaFilter image-container display-table"><div><div class="image on-image"></div><p></p></div></div><p>"The only way we're going to make policing better is you have to hire more minorities," Thomas said.<br><span></span></br></p><p>It's a sentiment echoed by Dallas Police Chief David Brown, who c<a href="https://www.washingtonpost.com/news/morning-mix/wp/2016/07/25/the-dallas-police-chief-told-protesters-to-apply-for-police-jobs-now-job-applications-are-up-344-percent/">hallenged protesters to apply to become officers</a>.<br><span></span></br></p><p><strong>Police should live in the communities they serve.</strong><br><span></span></br></p><p>Each officer brought up the Eric Garner case, which happened in New York. Video showed Staten Island officers tackle Garner, a black man, after he would not come with them for selling individual cigarettes on the street. An officer used a chokehold during the&#xa0;altercation, which led to his Garner's death. Thomas said&#xa0;if the officers lived in, or were from&#xa0;that community, they most likely would have known Garner and the situation would not have become so heated.&#xa0;<br><span></span></br></p><p><strong>Police must fight against the "Blue Wall of Silence" from within.</strong><br><span></span></br></p><p>"If 99 percent of the good police talk about the one percent of bad police, trust me, this goes away," Pegues said.</p><p><span>The officers we spoke with&#xa0;said&#xa0;their colleagues are hard-pressed to speak out against fellow&#xa0;officers. Jones went so far as to say that officers' first reaction when&#xa0;faced with any kind of criticism, is to label it anti-law enforcement.</span></p><p>Jones is an advocate for legislation requiring accountability and punishment for trained officers who blatantly act outside of policy. He's also in favor of&#xa0;"If you see something, say something"&#xa0;departmental policies requiring officers to report colleagues&#xa0;when they notice&#xa0;use of force violations.<br><span></span></br></p><p>Finally, <strong>law enforcement&#xa0;and communities of color&#xa0;need to&#xa0;sit and talk to each other.</strong><br><span></span></br></p><p>While it may be hard to fathom the two groups coming together, it should not be a surprising suggestion coming from&#xa0;black officers. Talking to these four officers, one gets the sense that the source of the problem is a lack of trust on both sides, steeped in racial tension.</p><p>Jones&#xa0;said that along with some&#xa0;concrete policy changes, we need to&#xa0;have honest conversations about&#xa0;why there is this&#xa0;lack of trust toward police in black communities. This call for unity&#xa0;was echoed by slain officer Montrell Jackson, who, in his Facebook message, offered to pray with anyone feeling hurt, whether they be a protester or a police officer.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/hairstyling-team-creates-pixelated-hair-2016-7">This pixelated hair style is straight out of a comic book</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="h0MHN0NDE6kKwCPWk0n9xw1OtyrDpE01" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

You Searched For "usus" and got 4 results

Iraq's forex reserves hit record high as oil prices soar

IANS

The 9 most expensive cities in America

Devan Joseph

Facebook and its executives are getting destroyed after botching the handling of a massive data 'breach'

Michelle Mark

Four officers share what it's like to be black and wear a police uniform

A.C. Fowler

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