Archive | 2016

Counter-ISIL Strikes Hit Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber, attack, […]

Currency Auction Results, 16th June

By John Lee. The Central Bank of Iraq (CBI) has reported that 26 banks and 17 remittance companies took part in its currency auction on Thursday. A total of $132,094,500 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

KRG Ready for New Oil Deal with Baghdad

By John Lee. The Kurdistan Regional Government (KRG) is reported to be ready to strike an agreement with the central government in Baghdad to increase oil exports. KRG spokesman Safeen Dizayee told Reuters it would be willing to sell its oil through Baghdad if it was guaranteed a monthly revenue of $1 billion: "If Baghdad […]

Progress Made in Slow, Tough Fight for Fallujah

Iraqi forces, backed by coalition strikes, are making "slow but steady" progress in the tough fight to take back Fallujah, a spokesman for Combined Joint Task Force Operation Inherent Resolve said today. Iraqi security forces continue to "tighten the encirclement" around Fallujah in the effort to defeat the Islamic State of Iraq and the Levant, […]

Will Iraqi-Kurdish Conflict Break Out in Nineveh?

By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Gen. Hadi Halabjayi and his peshmerga troops were getting settled in the new territory in the Khazir area they had captured from the Islamic State (IS) in late May after a day and a […]

Strikes Continue Against ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Tuesday, Combined Joint Task Force Operation Inherent Resolve officials reported on Wednesday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber, ground-attack, […]

Trump accuses US Soldiers of Stealing Iraqi Funds

By John Lee. Donald Trump has accused US soldiers of stealing millions meant for the reconstruction of Iraq. Describing Iraq as “crooked as hell,” the presumptive Republican nominee said: “How about bringing baskets of money? Millions and millions of dollars and handing it out ... I want to know. Who are the soldiers that had […]

Video: Despair grows over Missing Men

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. When Iraqi officials and top brass visited a displacement camp south of jihadist-held Fallujah, distressed residents swarmed around them asking the same question: "Where are our sons?"

U.S. Apache Helicopters Join Counter-ISIL Fight

U.S. Apache helicopters have entered the fight in Iraq against the Islamic State of Iraq and the Levant, Defense Secretary Ash Carter told reporters yesterday. "Commanders have used the Apache capability that we positioned there and that [President Barack Obama] authorized them to use some months ago," Carter said as he traveled to Brussels for […]

Military Strikes Target ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Bomber, ground-attack, attack, fighter, […]

Tensions Escalate between Protesters, Security Forces

By Omar al-Jaffal, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.v The anti-government movement led by Shiite cleric Muqtada al-Sadr (pictured) along with secular young people seems to be headed for violence and clashes with the Iraqi security forces, especially if Haider al-Abadi’s government fails […]

Currency Auction Results, 15th June

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 17 remittance companies took part in its currency auction on Wednesday. A total of $141,099,972 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)