Five years and billions of dollars needed to rebuild Mosul: officials
Mosul, Iraq
MOSUL'S wrecked roads, bridges and broader economy will take at least five years to repair and need billions of dollars of development that Iraq's government will struggle to afford, officials returning to the battle-scarred city said.
The airport, railway station and university were all destroyed in the long fight to dislodge Islamic State militants from their main Iraqi stronghold.
Iraqi government forces backed by a US-led coalition have now retaken the eastern half of the city - letting regional councillors return for the first time in two-and-a-half years to survey the damage. "After Mosul is fully liberated, we need a working plan to restore things to the way they were before 2014 when Islamic State took over," N…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015