By John Schnittker, Chief Economist at Schnittker Associates, and former Ministry Advisor at the US Embassy in Baghdad. With much of Iraq’s wheat production coming from Northern Iraq and nearly all of Iraq’s water resources flowing through areas under ISIS control, Iraq’s food security may be facing a severe threat. Iraq has about two thirds of […]
Lieutenant General Jabbar Yawar, Secretary-General of the KRG Ministry of Peshmerga Affairs and the Spokesperson of the Region’s armed forces, stated that Peshmerga forces (pictured) now control Kirkuk city after the Dijila Operations Command retreated from its position. He said, “Peshmerga forces are in control of the majority of the Kurdistan Region outside of KRG […]
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Checking back through e-mails I am amazed it was only 4 days ago on June 10th I messaged an editor pal of mine that something momentous was happening in Iraq. ISIS had occupied […]
By Mark DeWeaver. Iraqi stocks held up surprisingly well for most of this week despite the dramatic loss of much of Northwestern Iraq to extremists. Even following the fall of Mosul on Tuesday, Rabee Securities’ RSISX index was down only 2.6% for the week by Wednesday’s close. And while the ISX index fell 3.3% on […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The Islamic State of Iraq and the Levant, (ISIL), is a jihadist group active in Iraq and Syria seeking to establish a Islamic caliphate. With thousands of Arab and foreign fighters under its […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fighters from the Islamic State of Iraq and the Levant (ISIL, ISIS) have seized the northern part of Nineveh province, which includes Iraq's second largest city Mosul. Iraq's prime minister is asking parliament […]
By John Cookson. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Today's audacious jihadist attack on Mosul by Al Qaeda affiliate ISIS must surely be a massive wake up call in Washington that Iraq needs urgent help. Hundreds of jihadists seized key government offices, […]
By John Lee. Militants have reportedly closed the Euphrates River dam they control in Iraq, cutting off a major source of water for central and southern Iraq. AFP reports that militants had previously cut the flow of water through the dam near the city of Fallujah several weeks ago, but reopened it when water accumulated […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's government has launched a media campaign to accompany its military offensive against the armed group, known as the Islamic State of Iraq and the Levant (ISIL). It is seen as the most […]
By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Three months after the Islamic State of Iraq and Al-Sham (ISIS) decided to avoid public appearances and maintain a low profile in Fallujah, the group put on a military parade in the center of the city to […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Al-Qaeda has severed its links with the Islamic State of Iraq and the Levant, known as ISIL, a militant group fighting in Syria. The global terror group's general commander posted messages on […]
On Wednesday, President Obama joined Vice President Joe Biden’s meeting with Iraqi Council of Representatives Speaker Osama al-Nujaifi and a delegation of Iraqi parliamentarians. Both sides reaffirmed the importance of the strategic partnership between the United States and Iraq. The President encouraged Iraq’s leaders to continue dialogue to address the legitimate grievances of all communities […]
