Author: Editor in Chief

Iraq’s currency devaluation will add inflation to the list of hardships facing a population recovering from a devastating war with Islamic State. Without deep spending cuts, it won’t be enough to prevent even deeper economic pain. The government announced Saturday it was devaluing the currency for the first time since the U.S.-led invasion in 2003, lopping off 23% of the dinar

The Iraqi High Commission for Human Rights (IHCHR) said on Sunday that extreme weather is threatening the lives of displaced children in camps, Anadolu reports. "The lives of thousands of displaced people, especially women and children, are under threat," Fadel al-Gharrawi, a member of the IHCHR, said. He added that most of the displaced Iraqis are living in camps with no

Iraq's capital Baghdad and other cities are at risk of serious power shortages after Iran slashed gas exports, the electricity ministry said on Sunday, potentially placing further pressure on the government of Prime Minister Mustafa al-Kadhimi, reported Reuters. Iran has reduced gas exports to Iraq to five million cubic metres from 50 million cubic metres two weeks ago citin

The President of the Supreme Judicial Council of Iraq, judge Faiq Zaidan, yesterday issued a directive to all investigative courts in the country to take legal measures against anyone who causes harm to the economy. Zaidan called on the courts to take legal measures against anyone who harms the national economy, including foreign currency dealers, traders who monopolise food

BY ABBAS KADHIM AND SARA VAKHSHOURI Electricity is a top national security priority for most countries. Thus, access to an uninterrupted flow of low-priced and adequate energy supplies to fuel power generators and sustain the supply of electricity lies at the heart of their energy strategies. On taking office in October 2018, Iraq’s former minister of electricity, Lu