[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.
[Published here February 15, 2020]
Baghdad (AFP) – Irked by Iraq’s close ties to neighbouring Iran, Washington has begun following through on threats to squeeze Baghdad’s fragile economy with delays to crucial cash deliveries and shortened sanctions waivers.
[Published here on January 13, 2020]
Baghdad (AFP) – Iraqi officials fear economic “collapse” if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps oil revenues that feed 90 percent of the national budget.
[Published here on December 2, 2019]
Baghdad (AFP) – Iraq has been rocked by two months of anti-government protests that brought down premier Adel Abdel Mahdi on Sunday, but its lucrative oil industry has been curiously insulated from the turmoil.
[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 May 15, 2019]
Baghdad (AFP) – With temperatures rising on both the weather and security fronts across the region, Iraq’s freshman electricity minister is warning that politicising his country’s power sector could have ripple effects around the world.
[Published here January 24, 2019]
Baghdad (AFP) – Iraqi lawmakers on Thursday approved the government’s 2019 budget, which at $111.8 billion is one of the largest ever for the oil-rich country.