War of Economic Corridors: the India-Mideast-Europe ploy. By Pepe Escobar

The India-Middle East-Europe transportation corridor may be the talk of the town, but it will likely go the way of the last three Asia-to-Europe connectivity projects touted by the west - to the dustbin. Here's why. The India-Middle East-Europe Economic Corridor (IMEC) is a massive public diplomacy op launched at the recent G20 summit in New Delhi, complete with a memorandum

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Iraq Economic Monitor, Spring/Summer 2023 – Reemerging Pressures: Iraq’s Recovery at Risk (With a Special Focus on Financial Intermediation in Iraq)

Abstract Iraq’s economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the oil sector have reemerged. After moderating in 2022, consumer price inflation ticked up in early 2023, fueled by the depreciation of the Iraqi dinar in the parallel market. Fiscal and external account balances benefitted from the oi

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