From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Poverty is on the rise in Iraq as more cases of COVID-19 are reported. Daily wage earners are being forced to stay at home because of the lockdown there. Volunteers are helping some […]
By John Lee. Fitch Ratings has revised the outlook for the Trade Bank of Iraq (TBI) from "Stable" to "Negative". In a statement, it says that TBI's Issuer Default Rating (IDR)s are driven by the bank's Viability Rating (VR) and underpinned by potential sovereign support. "The revision of the Outlook to Negative from Stable follows […]
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. An official Kurdish delegation arrived on Sunday in the Iraqi capital Baghdad to discuss oil production. "The delegation, led by the Kurdistan government's Finance Minister, Awat […]
By John Lee. Iraq's Higher Committee for Health and National Safety held a meeting in Baghdad on Sunday via video conferencing under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Committee decided the following: From 21/04 until 22/05, the curfew hours will be between 7 PM and 6 AM Sunday-Thursday, and for 24 hours […]
By John Lee. A third batch of medical aid from China arrived on Monday in Baghdad. It includes medical protective equipment such as protective clothing, masks and gloves. (Sources: Ministry for Health, CGTN)
By John Lee. Two rockets have reportedly struck near a Chinese oil facility south of Baghdad on Saturday. According to AP, there were no casualties. It cites an Iraqi army statement saying the rockets struck near a Chinese company in the Nahrawan area, and speculates that the company involved is ZhenHua, a subsidiary of the arms […]
By John Lee. Iraq's Communications and Media Commission (CMC) has reportedly lifted its suspension of Reuters' licence to work in the country. The regulator had revoked the licence for three months and imposed a fine of 25 million dinars ($21,000) for what it said was the news agency's violation of the rules of media broadcasting. […]
By Dr. Layth Mahdi. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. America and Britain have failed in introducing democracy into Iraq because they handed power to politicians, most of whom do not have the qualification or experience to be in their positions. They […]
By John Lee. Mechanics and vendors staged protests on Saturday against the continuing lockdown across the Kurdistan Region, calling on the government to allow them to reopen their garages and shops after a month of closures. Workers in Erbil and Duhok said the lockdown, implemented to stem the spread of COVID-19, is impacting their ability […]
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. Iraqi PM designate readies cabinet to present to parliament Mustafa al-Kadhimi, director of Iraq's National Intelligence Service, is expected to present his cabinet to the Council of Representatives early next week. On […]
UN in Iraq raises the alarm: Time to endorse the anti-domestic violence law The UN in Iraq urges the Iraqi Parliament to speed up the endorsement of the Anti-Domestic Violence Law amid alarming reports of a rise in gender-based and domestic violence cases perpetrated across the country, especially with increased household tensions as a result […]
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq asks IMF for debt deferment due to coronavirus crisis The economic and finance adviser to Iraq's Prime Minister has revealed that talks are taking place […]
