MAKING THE IRAQI REVENUE-GENERATING DEAL WORK. By Michael Knights

On December 1 and 2, the federal Iraqi government and Kurdistan Regional Government (KRG) conducted three rounds of negotiations in Baghdad over the sharing of oil revenues in the 2015 budget. The talks marked the culmination of three months of intensifying discussion between federal and Kurdish leaders, which followed more than a year of U.S.-supported discussions between the

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Analysis: Iraq’s oil disputes remain unresolved

The recent Baghdad-Erbil oil deal has inspired optimism, but it avoids key details at the heart of big issues – control of territory and oil rights – on which neither side wants to compromise Leaders in Baghdad and Erbil are still far away from achieving a long-lasting resolution to Iraq's oil policy disputes, even though the tides of optimism have swelled in the past few week

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The Geopolitical Impact of Cheap Oil. By Martin Feldstein *

CAMBRIDGE – The price of oil has fallen more than 25% in the past five months, to less than $80 a barrel. If the price remains at this level, it will have important implications – some good, some bad – for many countries around the world. If it falls further, as seems likely, the geopolitical consequences on some oil-producing countries could be dramatic. The price of oil at a

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