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finances

After tough 2020, Iraq eyes more economic pain ahead | AFP

December 17, 2020December 18, 2020 / Maya Gebeily / Leave a comment

[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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Without urgent reform, Iraq economy will face irreparable shocks: minister to AFP

June 22, 2020June 23, 2020 / Maya Gebeily / Leave a comment

[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.

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Iraq faces financial calamity after crude crash | AFP

March 19, 2020March 19, 2020 / Maya Gebeily / Leave a comment

[Published here March 19, 2020]

Baghdad (AFP) – Between plummeting oil prices, political deadlock and reduced global appetite for a bail-out, Iraq is on the cusp of financial calamity that could force austerity measures and renew anti-government protests.

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Iraq sets up ‘loophole’ in US sanctions to buy Iranian power | AFP

July 2, 2019July 2, 2019 / Maya Gebeily / Leave a comment

[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.

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Instagram

I’ve reached the highlight of my career: figuring out ways to eat my way to a story. But really - tracing Doha’s transformation through the stories of a few of its famous eateries was both eye-opening and mouthwatering. The city’s oldest restaurateurs told me how gentrification forced them to move locations, an explosion in the worker presence expanded their customer base and their smashing of taboos created new social spaces. Read the story in my bio and slide into my DMs for recommendations.
Like any country, Qatar is a complicated place, with complicated stories and complicated stratifications. An ultra-bright spotlight has been shown on the country and its rights record since it won hosting rights to FIFA’s World Cup 2022 - but the floodlights have sometimes missed the details.
This ball made it from Doha to a displacement camp in northern Syria, where kids pushed out of their homes by more than a decade of war played a few matches with it, and circled back to Qatar in time for the #worldcup2022 kickoff on Sunday.
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