Tag Archives | Economist Intelligence Unit (EIU)

Iraq falls to New Low in Democracy Index

By John Lee. Iraq has fallen to a new low in the Economist Intelligence Unit's annual Democracy Index. Ranking joint 116th out of 167 countries, along with Mozambique, Iraq is classified as "authoritarian". The score is Iraq's lowest since the Index was created in 2006. Within the Middle East region, Iraq ranks 9th out of […]

Possible Pressure to Devalue the Dinar

By John Lee. The Acting Governor of the Central Bank of Iraq (CBI), Ali Al-Allaq, has told TR Zawya that foreign reserves currently stand at $68 billion, while the dinar monetary supply is IQD 40 trillion. "At the daily auction of the central bank, we sell about USD 150 million," he said, "which is more than the USD […]