Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. Finance Minister Hoshyar Zebari has shown The Financial Times documents that appear to be part of a probe by Iraq's parliamentary finance committee, purporting to show how an individual close to the previous government used currency auctions to siphon $6.4 billion from the state. A spokesperson for former Prime Minister Nouri al-Maliki […]
The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Amman from August 28–September 10, 2016 on the first review of Iraq’s 36-month $5.3-billion Stand-By Arrangement (SBA) approved by the IMF Executive Board on July 7, 2016. Mr. Christian Josz, Mission Chief for Iraq, issued the following statement: “The Iraqi […]
By John Lee. The Financial Times reports that Iraqi Finance Minister Hoshyar Zebari (pictured) is fighting back against accusations of financial mismanagement by digging out documents that he claims reveal the true extent of corruption in the public sector. “I’ve started my campaign — the counterattack", he said. "I didn’t want to galvanise it. But […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Closed door meetings in Baghdad suggest an old idea, meant to solve Iraq’s political chaos, is being revived. It’s early but some hope it might help a Parliament that’s only […]
By John Lee. US Presidential candidate Donald Trump has said that the Islamic State group (IS, ISIS, ISIL, Daesh) grew because the United States failed to “take the oil” in Iraq after invading the country, allowing IS to use it to finance their operations. He told NBC: "I've always said, shouldn't be there, but if […]
By John Lee. A Kurdish Yazidi survivor of the Islamic State group (IS, ISIS, ISIL, Daesh) sex slavery has been shortlisted for the prestigious Václav Havel Human Rights Prize for her outstanding activities in the defense of human rights. Nadia Murad managed to excape captivity, and now brings the plight of the Yazidi community, in […]
In his meeting with the KRG Minister of Foreign Relations, Ambassador of Ukraine to Iraq Mr. Anatolii Marynts announced the decision of the government of Ukraine to open an honorary consulate in the Kurdistan Region in a near future. The Ambassador expressed his government’s desire to further broaden ties with the Kurdistan Region in various […]
Mr. Dominique Mas, the new Consul General of the Republic of France to the Kurdistan Region, was received today by the Head of the Department of Foreign Relations, Minister Falah Mustafa. Minister Bakir congratulated Mr. Mas and assured him that the Kurdistan Regional Government (KRG) stands ready to extend to him all the necessary support […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. A new crisis between Iraq and Saudi Arabia has emerged over Riyadh's ambassador to Baghdad Thamer al-Sabhan amid calls by the Iraqi Ministry of Foreign Affairs (pictured) to replace […]
The U.S. Embassy in Iraq has announced the arrival of the Honorable Douglas A. Silliman as the new Ambassador Extraordinary and Plenipotentiary of the United States of America to the Republic of Iraq. Ambassador Silliman arrived in Iraq on September 1, 2016. He met with His Excellency Foreign Minister Ibrahim al-Jaafari and presented his credentials […]
By John Lee. Prime Minister Haider al-Abadi appointed a new interim defense minister on Monday. General Othman Ghanm, the interim Chief of Army Staff, will take over from Khalid al-Obeidi, who lost a confidence vote in parliament last week. Ghanm's position as interim Chief of Army Staff will be filled by Anwar Hama Amin, Lieutenant General/Aviator […]
By John Lee. BBC News reports that Iraq has called on Saudi Arabia to replace its ambassador to Baghdad over comments he made about Iran's involvement in Iraq. Thamer al Sabhan had said Iranian-backed Shia militia are aggravating tensions with Sunni Muslims in Iraq, and allegedly accused the militia of trying to assassinate him. The […]
