Radical reform is only way to avert ‘disaster’ for oil-reliant country, says finance minister Ali Allawi, Iraq’s finance minister: ‘All you can do is to point out the disaster before us if we continue along this path Iraq’s finance minister has warned of “severe security consequences” if its economy is not “restructured radically”, as the coronavirus crisis wreaks havoc o
Read MoreOil exporters in the Middle East and North Africa region are expected to suffer a $270 billion slump in oil revenues this year, according to the latest projections from the International Monetary Fund. In a regional overview published today, the Washington D.C.-based organization pointed to a sharper-than-anticipated drop in crude production this year for these countries – a
Read MoreSyria, Lebanon, and Iraq are all teetering on the brink of economic collapse. Europe cannot afford to be a helpless bystander. It is hard to imagine that the suffering and despair across the Middle East could worsen. But across Syria, Lebanon, and Iraq a new economic unravelling is continuing apace, threatening to throw the region into even deeper turmoil. In Lebanon and Syr
Read MoreEXECUTIVE SUMMARY The COVID-19 pandemic continues across the world, and in Iraq the number of cases is rising. As of 30 June 2020, the World Health Organization reported 49,109 cases in Iraq, with 1,943 fatalities. Since March, the government has been enforcing movement restrictions and curfews to help slow transmission of the virus. As the livelihoods of many people have be
Read MoreToby Dodge (L), with Hisham al-Hashimi, former EU Ambassador to Iraq Ramon Blecua, and Chatham House’s Renad Mansour. My friend and colleague, Dr Hisham al-Hashimi, was brutally murdered outside his house in Baghdad on Monday night, 6 July. This is obviously a profound tragedy for his wife and young children who found him. It is also a huge blow for all of us worki
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