Archive | 2014

UN to Dispatch Team to Iraq

By Patrick M Schmidt. The United Nations (UN) announced that investigators would be sent to Iraq to research the numerous atrocities committed by the Islamic State (IS). The team will consist of eleven investigators who will be budgeted $1.18 million for their inquires and projects. The United Nations currently suspects the Islamic State (IS) of […]

Iran-Iraq Cooperation on Border Security

By Patrick M Schmidt. The Iranian Defense Minister, Brigadier General Hossein Dehghan (pictured), confirmed that Iraqi and Iranian security forces have been coordinating their border security efforts. The coordination is aimed at preventing militants from the Islamic State (IS) from crossing the Iran-Iraq border. Dehghan added that the threat of the Islamic State (IS) is […]

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Currency Auction Results, 3rd Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Wednesday. A total of $197,197,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Weekly Security Update, 26 August - 01 September 2014

Iraq’s casualty figures released by the UN on 01 September showed that at least 1,420 people were killed in August alone, in a slight decrease compared to last month.  Meanwhile, Prime Minister-designate Haider al-Abadi continued to hold meetings with Iraqi parliamentary leaders, in order to facilitate negotiations towards the formation of a new government. Forming […]

Oil Export Figures Fall

By Patrick M Schmidt. According to data collected by Reuters and estimates by other energy industry sources, exports from Iraq’s southern oil terminals averaged 2.3 million barrels per day worth of crude oil exports. This figure is almost 140,000 barrels per day less than Iraq’s July figure. Iraqi officials insist the decline was not because […]

Iran to Double Non-Oil Sales to Iraq

By John Lee. The Iranian FARS news agency reports that former Iranian Oil Minister Rostam Qassemi (pictured), who is now in charge of an economic body charged with improving Iran-Iraq trade ties, said Iran can double its non-oil exports to Iraq to $30 billion. Addressing a Joint Iran-Iraq Trade Conference in Tehran on Tuesday, Qassemi […]

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Turkey Denies Buying Oil from ISIL

By John Lee. The Turkish Energy Minister Taner Yildiz (pictured) has denied buying crude oil from The Islamic State of Iraq and the Levant (ISIL), pointing out that Turkey is a state of law. According to a report from KUNA, the Minister strongly denied that Turkey's oil refineries processed crude oil coming from ISIL, saying […]

KRG Seeks Mine Clearance Tools

By Patrick M Schmidt. A Kurdistan Regional Government (KRG) official has announced that security forces need more advanced equipment to clear minefields in areas once controlled by the Islamic State (IS). He also suggested there was a need for machines that can detect mines and also dispose of buried ordinance. “During the short time that […]

Germany Approves Arms Sale to KRG

By Patrick M Schmidt. At a press conference held by German Defense Minister Ursula Von Der Leyen (pictured) and Foreign Minister Frank-Walter Steinmeier, the German government officially announced the supply of arms to the Kurdish Regional Government (KRG). The deal includes 8,000 G36 assault rifles, 8,000 G3 rifles, ammunition, 200 Panzerfaust anti-tank systems, thirty MILAN […]

Amnesty International Reveals Evidence of Ethnic Cleansing

From Amnesty International. Fresh evidence uncovered by Amnesty International indicates that members of the armed group calling itself the Islamic State (IS) have launched a systematic campaign of ethnic cleansing in northern Iraq, carrying out war crimes, including mass summary killings and abductions, against ethnic and religious minorities. A new briefing, Ethnic cleansing on historic […]

Currency Auction Results, 2nd Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 15 banks took part in its currency auction on Tuesday. A total of $180,206,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)