Discrepancies in Iraq’s Financial Indicators: Conflicting Debt Data, Rising Deficits, and Fiscal Risks
Iraq’s fiscal outlook has recently come under renewed scrutiny following statements made by Prime Minister Mohammed Shia’ al-Sudani in an interview with the Iraqi News Agency (INA). While the Prime Minister presented updated figures on public debt and currency exchange rates, these numbers differ substantially from data published by the Ministry of Finance, the Central […]
Trump’s New Trade Deal With China: What It Means and Why It Matters
Introduction:President Donald Trump’s newly announced trade agreement with China is a significant step in reshaping U.S.-China economic relations. This trade deal spans critical sectors, including rare earth elements, tariffs, agriculture, and fentanyl precursor chemicals. Despite its potential for short-term gains, the agreement is structurally fragile, with challenges looming over its long-term implementation. Key Elements of […]
The Real Cash Crisis in Kurdistan
Every year, as Iraq approaches the end of its fiscal cycle, the federal government delays sending the Kurdistan Region’s salaries. Officials often blame these delays on a so-called “cash shortage.” These claims, sometimes echoed by Kurdish MPs in Baghdad, eventually become the justification for withholding the final months of salary payments. But how real is […]
What the Kormor Incident Reveals About Kurdistan’s Energy Security Crisis
The recent Kormor gas field attacks have exposed a harsh reality about the Kurdistan Region’s long-held assumptions regarding international energy companies, regional politics, and security guarantees. While many believed that the presence of global energy giants would naturally shield Kurdistan from threats, the repeated drone and missile strikes have proven otherwise. The Myth of Security […]
The Runaki Project: Cutting Emissions, Saving Water, and Offsetting 80 Million Trees
One year after the launch of the Runaki Project—meaning “light” in Kurdish—this landmark initiative is transforming electricity access across the Kurdistan Region. Today, around 70% of the population receives uninterrupted, 24-hour electricity thanks to this ambitious modernization effort. The project represents a major step toward a cleaner, more efficient, and more reliable energy system. By […]
Kurdistan Resumes Its Oil Export Amid Political Tensions
Kurdistan Resumes Oil Exports Amid Political Tensions After more than two years of suspension, the Kurdistan Region of Iraq has resumed oil exports — a development that could reshape Baghdad–Erbil relations and the country’s political landscape ahead of Iraq’s 2025 elections. The restart, achieved through a new deal between the Kurdistan Regional Government (KRG), the […]
Restarting Iraqi Kurdistan Oil Exports: A Vital Step Toward Regional Stability and Cooperation
A Turning Point for Iraq’s Energy Future The resumption of oil exports from the Kurdistan Region marks more than the reopening of pipelines — it represents a crucial opportunity to reshape Iraq’s economic and political balance.After over two years of suspension, oil once again began flowing at 6:00 a.m. last Saturday, following a breakthrough agreement […]
When to Buy and Sell Gold
Gold recently crossed $3,800 per ounce and traded near this historic high. The rise has been fueled by recent Federal Reserve interest rate cuts and expectations of further reductions in October and December. Just two months ago, gold traded at less than $3,280 per ounce. Many investors feel they’ve missed out on buying gold due […]
The Oil Deal: A Strategic Opportunity to Solve Iraq’s Energy Challenges
The ongoing oil deal between Baghdad and the Kurdistan Region presents a rare opportunity to address a complex problem that has persisted for over 15 years. Had Iraq’s oil and gas sector been properly regulated after the adoption of the permanent Iraqi constitution, many of the disputes between Erbil and Baghdad might have been avoided […]
How Much Do Companies Earn from Kurdistan’s Oil?
The question of how much international companies profit from Kurdistan’s oil production has once again come under scrutiny. Energy analytics firm Wood Mackenzie is expected to release a detailed review of production costs, investment, and profit margins per barrel for companies operating in the Kurdistan Region of Iraq. Based on this assessment, Baghdad will pay […]
