Is the global economy at a crossroads?
The global economy, having overcome the challenges posed by the COVID-19 pandemic, now faces new and accelerating obstacles. Debt crises, rising inflation and interest rates, and declining trade performance have significantly pressured global economic growth, diminishing opportunities anticipated by investors…
France’s Strategic Shift in the Middle East: Navigating Ties with Iraq Post-Coalition Withdrawal
France’s New Approach As its political and military influence wanes in Africa, France seeks to bolster its presence in the Middle East, specifically Iraq. While Iraqi Prime Minister Muhamad Shia Al-Sudani called for the international coalition, led by the United…
Will Azerbaijan Export Gas to Iraq via Iran?
The importance of Iraq for Azerbaijan The significance of Iraq for Azerbaijan is notable, as Baku views it as a crucial gateway to the Arabian Gulf. Consequently, Azerbaijan seeks to invest in Iraq’s transportation infrastructure, particularly the development corridor between…
What Awaits Iraq in 2024?
The Iraqi government led by Prime Minister Mohammed Shiaa Al-Sudani is striving to achieve significant accomplishments and critical projects aimed at pulling the country out of chaos and addressing the delays in projects that persisted over the past two decades….
The Impact of Red Sea Tensions on the Global Economy
The Red Sea in the Spotlight Since the outbreak of conflict in Gaza, escalating events suggest a widening scope of the conflict to encompass broader regions in the Middle East. Daily military incidents along the Lebanese border, missile strikes, and…
Iraq Expands Trade Horizon: Will Iran Be Affected?
The Iraqi Dinar and Foreign Trade Since the U.S. Treasury imposed restrictions on several Iraqi banks, barring them from dealing in dollars, the Iraqi economy has experienced a noticeable downturn. The value of the Iraqi dinar plummeted to 1650 dinars…
Did Iraq Reduce Its Share in OPEC+ at the Expense of Kurdistan?
A Fresh Extension for Production Cuts In a recent meeting held on November 30, 2023, the OPEC+ alliance announced a voluntary reduction in oil production by up to 2.2 million barrels per day until the first quarter of the next…
Will Iraq’s Economy Escape the Ramifications of the Gaza War?
Confronting the factions The aftermath of the recent war in Gaza has quickly expanded to encompass other countries in the region, including Lebanon, Syria, Iraq, and Yemen. American bases in both Syria and Iraq witnessed multiple missile and drone attacks…
Turning of The Taps: Unraveling The Suspended Kurdistan Oil Exports Saga
Turkish Claims and Iraqi Inaction In a span of twenty-four hours, Iraq bore witness to a visit from senior Turkish officials—Foreign Minister Hakan Fidan and Energy Minister Alb Bayrakdar. These visits preceded a forthcoming trip by Turkish President Recep Tayyip…
How does Kurdistan’s oil suspension affect the Iraqi economy?
Since losing the international arbitration case brought by Baghdad against it, as a result of exporting Kurdistan region’s oil without the approval of the Iraqi Oil Marketing Company (SOMO), Turkey is still refusing to export Kurdistan’s oil through its territory….
Will Iraq dispense with importing gas from Iran?
Within only three years, Iraq will dispense with importing gas from Iran. But it is not that easy, in addition to the great opportunities available, there are many obstacles that may delay reaching this level in the specified time. To…