[Published here on June 22, 2020]
Baghdad (AFP) – Iraq’s economy could reach irreversible lows within the next year unless urgent reform measures are adopted, its finance minister warned in an exclusive interview with AFP on Monday.
[Published here on July 29, 2019]
BAGHDAD: Iraq’s federal authorities and the cash-strapped Kurdish regional government have relaunched talks over longstanding oil and budget disputes, but observers are skeptical they will reach a genuine diplomatic reset. Here are a few questions and answers to clarify the complex issue.
[Published here on November 3, 2014]
In recent years, a hard earned record for security and stability had gained the Kurdistan region of northern Iraq a reputation as a booming business center. Headlines splashed across magazines and newspapers comparing the growth of Erbil, the Kurdish region’s capital, to Dubai’s meteoric expansion. However, the summer of 2014 challenged that idea as a new phase of turbulence gripped the whole country. The onslaught of Islamic State of Iraq and Syria (ISIS) militants, who have taken control of large swathes of the country and carved a bloody path towards Erbil and Baghdad, was a stark reminder to all that Kurdistan is not immune to trouble in the neighborhood. But like the glittering hyperbole surrounding the rise of Erbil, the doom and gloom painted since the rise of ISIS may also be overstated. The situation is far from stable, but investors, analysts and business people focusing on the area say it won’t push them out, and it certainly won’t derail Kurdish development.