A new report analyzes how US sanctions on an Iranian oil smuggling network using an Iraqi cover could hinder Iraq's own ...

A new generation of artists, collectors and educators is tapping into the country’s desire to create and experience art ...

"Iraq's economic situation can probably best be described as being dire," says an International Energy Agency expert. Government revenues have plummeted and its currency has been devalued.

However, Iraq’s economy and budget rely heavily on oil, which puts both in a precarious position. Nearly all state revenue is from oil sales. In 2022, Iraq earned a record $115.6bn from oil, ...

How Iraq’s Economy Can Turn Itself Around Kyle McEneaney April 19, 2016 . The South Gas Company sign is seen in Basra, southeast of Baghdad, March 30, 2016. Essam Al-Sudani / Reuters. KYLE MCENEANEY ...

Iraq’s economy had been declining for years as a result of international sanctions against Saddam Hussein’s regime. In 2003, the war and subsequent looting caused the economy to shrink by 22 ...

Iraq's burdens "Iraq's economic situation can probably best be described as being dire," says Ali al-Saffar of the International Energy Agency. He covers the whole region, ...

Iraq had a state-run economy under dictator Saddam Hussein, buoyed by its oil wealth. Back then, 1 Iraqi dinar was worth $3. But the economy began to suffer under economic sanctions after the 1991 ...

Iraq's Shaky Economy Poses Threat To Future The Iraqi economy is mired in old patterns: Most paying jobs are with the government, which is dependent on oil for revenue.

To get Iraq back on its feet economically, greater attention must be given to diversifying Iraq s economy. Over 90% of its export earning comes from oil. In 1980, Iraq relied on oil for only 39% ...

"Iraq's economic situation can probably best be described as being dire," says an International Energy Agency expert. Government revenues have plummeted and its currency has been devalued.