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Military Strikes Strike ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, 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 Attack, fighter and remotely […]

Currency Auction Results, 6th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 23 banks and 12 remittance companies took part in its currency auction on Sunday. A total of $209,340,000 sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

US Praises Iraqi Govt, WFP Food Assistance in Anbar

U.S. Embassy Praises Iraqi Government, World Food Program Food Assistance Distribution in Anbar The U.S. Embassy praised the Government of Iraq and United Nations World Food Program (WFP), who yesterday donated and distributed more than 1000 metric tons of food to 70,000 people in the besieged cities of Haditha and Al Baghdadi in Anbar Province. […]

Video: Iraq's Disabled Struggle to get Treatment

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of people in Iraq have been permanently disabled in the war against ISIL.Many of them are struggling to get the treatment they need.Imran Khan reports from Erbil, as the world marks International […]

Video: Iraq slums - Poverty rates on the rise

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Violence, political instability and a struggling economy have left almost a third of Iraq's population without basic services such as water and sanitation. Al Jazeera's Imtiaz Tyab reports from Baghdad on how people […]

Why Defeating the IS won't bring Stability to Iraq

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s most urgent challenge is to eliminate the Islamic State (IS), but that battle will be just a prelude to myriad conflicts in liberated areas such as Sinjar and Tuz Khormato if the rival […]

KRG Publishes Report on Oil Production

The Kurdistan Regional Government's Ministry for Natural Resources has published a report on crude oil production, re­fining, local consumption and export in the Kurdistan Region of Iraq in 2015. The report also includes information on the Region’s oil revenue, pipeline infrastructure, the status of exploration blocks, and the composition of the workforce in the Region’s […]

US Delivers Critical Winter Relief Supplies

The United States Delivers First Shipment of Critical Winter Relief Supplies for Iraq Humanitarian Crisis, With More to Follow On December 1, the United States began providing urgently needed winter relief supplies in Erbil to help people affected by the ongoing humanitarian crisis caused by Da’esh attacks, launching a larger U.S. effort to help internally […]

Coalition Strikes Target ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, 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 Attack, fighter, and […]

Video: US to Intensify War against ISIL

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. President Barack Obama says the US is stepping up the fight against ISIL. More special forces will be sent to help fight the armed group in both Iraq and Syria, as Al Jazeera's […]

DNO Confirms Kurdistan Payment

By John Lee. DNO ASA, the Norwegian oil and gas operator, today confirmed receipt of USD 30 million to be shared pro-rata with its partner Genel Energy plc as a partial payment towards oil exported from the Tawke field by the Kurdistan Regional Government. The payment is the third such monthly payment received in 2015. […]

Rise in Unemployment in Iraqi Kurdistan

By John Lee. A spokesperson for the Kurdistan Region's Syndicate of Investors has told BasNews that unemployment has risen sharply over the last two years and is now estimated at 20-25 percent with 700,0000 people losing their jobs in the private sector. But the Head of Sulaymaniyah Directorate of Statics, Mahmoud Othman, rejected the claims, […]