Europe may fear an energy crisis over the coming winter, but for Iraqis an unstable power supply and frequent blackouts have been a reality during decades of war and turmoil. The Middle Eastern country is rich in oil, but endemic corruption and devastating conflict have taken a heavy toll on its infrastructure and forced most of its 42 million people to adapt. The noise o
Read MorePetroleum and other liquids Iraq’s crude oil production (excluding condensates) averaged 4.1 million barrels per day (b/d) in 2020 and 2021, which was 600,000 b/d lower than in 2019 (Figure 2). More than 3.6 million b/d was produced under the central government in Baghdad, and about 445,000 b/d was produced at the northern fields currently operated by the KRG.15 Iraq created a
Read MoreOn December 9, 2017, the prime minister of Iraq, Haider al-Abadi, said: ‘We have accomplished a very difficult mission. Our heroes have reached the final strongholds of Daesh [Islamic State] and purified it.’ Many argued that this moment, following the defeat of the last remnants of Islamic State in Iraq, would usher in a rebuilding and ‘post-conflict’ stage for the country.
Read MoreDr. Salah Haider wrote his PhD thesis titled " Land Problems in Iraq" in the early 40s of last century. And he defended it successfully in 1943 at London School of Economics and Political Science (LSE), University of London. Perhaps, he is the first Iraqi citizen who finished his PhD study at LSE. This made the British-trained Iraqi Economist a valuable technocrat to his home c
Read MoreThe funds mostly come from corrupt politicians and those seeking to avoid US sanctions By Hudhaifa Ebrahim An informed source in Banque du Liban, Lebanon’s central bank, told The Media Line that more than $18 billion belonging to Iraqi politicians, the Iraqi government, and the Kurdistan Regional Government of Iraq have “evaporated” due to the banking crisis in Lebanon.
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