Mr. Speaker, Members of Parliament, Mr. Secretary General, and distinguished guests. It is a great honor to address you today from the home of one of the first great legislator, Hammurabi. His Code helped shape Babylonian society into the form of government that Iraq strives for today – one that is united, prosperous and based on the rule of law. So it is with great optimism
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BAGHDAD, March 28 (UPI) -- Faced with threats from terrorism and low oil prices, the world community is ready to help, but Iraqis make take initiatives, the U.N. secretary-general said. U.N. Secretary-General Ban Ki-moon joined the heads of the World Bank and the Islamic Development Bank in expressing solidarity with Iraqi leaders struggling to ensure financial and national st
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Iran and Iraq inked a memorandum of understanding (MoU) in banking sector in Baghdad on March 23. The MoU was inked in a meeting attended by visiting Governor of the Central Bank of Iran (CBI) Valiollah Seif and his Iraqi counterpart Ali Al Alagh in Baghdad, IRNA reported. During the visit, the two sides discussed ways for fostering banking cooperation. Seif and Al-Alagh als
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BAGHDAD — Iraq on Sunday exported the first shipment of natural gas in its history, a key development for the OPEC member struggling to feed a cash-strapped economy amid an expensive fight against the Islamic State group. The move revives a long-sought ambition by Iraq to be a gas exporter, thanks to a joint venture with Anglo-Dutch Royal Dutch Shell PLC and Japan's Mitsubishi
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A Mysterious Pipeline Closure Is Bankrupting Iraqi Kurds Iaqi Kurds’ dreams of energy-financed political independence are taking a beating — and not just because of low oil prices. Since the middle of February, Iraqi Kurdistan’s tenuous export link to the outside world has been totally shut down. As recently as January, the Kurds were exporting 600,000 barrels a day in
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