archive – Iraqi Economists Network

‘Everything Living Is Dying’: Environmental Ruin in Modern Iraq. BY LYNZY BILLING

Decades of war, poverty, and fossil fuel extraction have devastated the country’s environment and its people. Top: Kamila Rashid says an oil refinery now sits on what used to be her family’s land. All photos by LYNZY BILLING for UNDARK IT’S 6 P.M. and the pink-tinged skies turn black above Agolan, a village on the outskirts of Erbil in the Kurdistan region of norther

Global growth to slow through 2023: New Global Economic Prospects report Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s lat

Dana Gas, the leading publicly-listed regional natural gas company in the Middle East, and its partner, Crescent Petroleum, the oldest private oil and gas company in the region, have reported record sales and gas production from its operations in the Kurdistan Region of Iraq (KRI), which surged to hit 452 million cu ft of gas per day (MMscf/d) at the end of 2021. The product

In Iraqi folklore, Saturday is both an ominous and auspicious day. Iraqis say it is Awwad —“repetitive” — and hence they prefer to postpone taking important decisions to other days of the week. For many Iraqis this week, the news of Dr. Sinan al-Shabibi’s unfortunate passing on Saturday, Jan. 8 could not have come on a worse day. While the loss of one of Iraq’s last firmly inde