From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIS fighters seized Qaraqosh, Iraq's largest Christian town, forcing thousands of Christians to flee for their lives:
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. After defeating the Kurdish Peshmerga, ISIS' advance across Iraq is on a dangerous threshold. Nic Robertson reports:
By John Lee. Turkey's Economy Minister, Nihat Zeybekçi, has said the ongoing crisis in Iraq could result in a $3 billion decline in Turkish exports to Iraq by the end of the year. After the Islamic State of Iraq and the Levant (ISIS, ISIL )seized Mosul in June, exports from Turkey began to decline dramatically. […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A popular mobilization is occurring in Iraq in response to the “righteous jihad” fatwa issued three days after the Islamic State (IS) occupied Mosul on July 10. Saad Hamid is among […]
By Anne-Laure Barbosa at Constellis Consulting Amid elevated levels of violence accounting for nearly 300 fatalities, the reporting period was marked by ISIS advances across the North. Militant offensives in several districts held or contested by Peshmerga forces led to fierce clashes between ISIS and Kurdish elements in Sinjar district and areas around Mosul, causing tens […]
By Patrick M Schmidt. Willie Walsh, Chief Executive Officer of British Airways (BA), defended the company’s decision to continue allowing their flights to across through Iraqi airspace. BA flights to Dubai and Doha regularly operate over Iraq for a portion of the flight. "We fly over Iraq because we consider it safe. If we thought […]
By Patrick M Schmidt. Information leaked from an American official suggests that American air support may have been offered to Kurdish forces. Specialized training and armaments from America for Kurdish security forces would accompany air support. European nations have also stepped forward with other offers of military aid. An offer has also been made to […]
By John Lee. Royal Jordanian (RJ) has announced the resumption of its service to Iraq, after suspending it for 24 hours for security concerns. As of Sunday, RJ resumed its regular operation to Baghdad, Erbil and Basra, while it is expecting to resume flights to Suleimaniyah soon. RJ operates regular flights to five Iraqi cities; […]
By John Lee. After renewed consultation with the relevant national security authorities, the Lufthansa Group has decided to resume flights to Erbil in northern Iraq from Monday. Erbil lies well outside the direct crisis zone in Iraq, and flights to and from the city will be routed to avoid overflying the zone. Lufthansa flies twice-weekly […]
By Patrick M Schmidt. Over the weekend, the Islamic State of Iraq and the Levant (ISIL, ISIS) mounted a major offensive near the city of Mosul. The offensive marked a number of defeats for Kurdish security forces who have mostly been noted for their successes in battling the insurgents. Both Iraqi and Kurdish sources agree […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIS has taken control of Iraq's largest hydroelectric dam, which provides power to Mosul. CNN's Nic Robertson reports:
By John Lee. A 51-year-old American has been charged in federal court with defrauding the co-founders and investors of a company out of approximately $175,000, relating to proposed investments in Iraq. Prosecutors in Connecticut assert that Joseph T. Morris claimed to have extensive military and business experience in Iraq, and was the company’s in-country manager […]
