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The 'ripple effect': Canada's support for the Kurds brings unintended consequences

Whenever he is asked what direction Canada will take in fighting Islamic extremists in Iraq, Defence Minister Harjit Sajjan points to what he calls the “ripple effect.” 2,270 more words

Politics

Amnesty accuses Canada's Kurdish allies of deliberately destroying homes of Arab civilians

Canada’s Kurdish allies have conducted a campaign of violence against Arab civilians, blowing up or burning down thousands of their homes and forcing tens of thousands of people out of their villages, a new Amnesty International report concludes. 768 more words

Politics

Kurdistan’s Independent Oil Sales: The Curious Case of Dana Gas

KRG’s Ministry of Natural Resources (MNR) recently lost a case to UAE giant Dana Gas. The London Court of International Arbitration ordered MNR to pay Dana Gas $1.98 bil. 1,030 more words

Kurdistan Regional Government

Cracking the 2016 Iraq Budget Draft

What are the implications for the Kurdistan Region?

The Ministry of Finance (MoF) of the Iraqi Federal Government presented the 2016 budget draft[1] to the Council of Ministers on September 14. 796 more words

Kurdistan Regional Government

Reform Recommendations Presented by Ministry of Economics and Finance

The KRG Minister of Economics and Finance, Rebaz Hamlan, proposed a set of reforms to the Council of Ministers back in September. This proposal has recently been under the spotlight, with many linking it to both the resolution of the economic slump and the political negotiations over the nature and person of the KRG Presidency. 409 more words

Kurdistan Regional Government

Understanding Kurdistan Region’s Public Debt

The Kurdistan Regional Government holds an outstanding public debt of over $20 billion, accumulated during a period shorter than 2 years.

The pre-2014 economy

The region’s main source of revenue up until the beginning of 2014 was budget transfers from the Iraqi government, accounting to over 90% of KRG’s receipts. 769 more words

Kurdistan Regional Government