[Published here December 17, 2020]
A year of economic agony for pandemic-hit and oil-reliant Iraq is drawing to a close, but a draft 2021 budget involving a hefty currency devaluation could bring more pain for citizens.
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Iraq sets up ‘loophole’ in US sanctions to buy Iranian power | AFP
[Published here July 2, 2019]
Baghdad (AFP) – Iraq is establishing a financial “loophole” to continue buying vital gas and electricity from Iran despite US sanctions, AFP has learned, mirroring a European mechanism that came into effect Friday.
