IRAQI DINAR POLITICS & ECONOMY

Ministry of Oil: Drilling of an oil well to a depth of 3,595 meters completed in the East Baghdad field

Ministry of Oil: Drilling of an oil well to a depth of 3,595 meters completed in the East Baghdad field

2026-02-03

Ministry of Oil - Drilling of an oil well to a depth of 3595 meters completed in the East Baghdad fieldThe Iraqi Drilling Company announced on Tuesday the completion of drilling a horizontal oil well to a depth of 3,595 meters in the East Baghdad South field. A statement from the company said, “The Iraqi Drilling Company completed the drilling of the horizontal oil well EBS-141 in Read more…

Be the first to comment - What do you think?  Posted by MDV - February 3, 2026 at 7:30 am

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Expenditures exceed revenues… a financial crisis awaits radical solutions from the next government.

Expenditures exceed revenues… a financial crisis awaits radical solutions from the next government.

2-3-2026

Expenditures exceed revenues... a financial crisis awaits radical solutions from the next governmentThe caretaker government has struggled in recent months to disburse salaries to public sector employees and other eligible groups. Funding has been significantly delayed, particularly in January, when salaries were postponed for approximately Read more…

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Kurdish politician: The judiciary is required to resolve the obstruction of the presidential election.

Kurdish politician: The judiciary is required to resolve the obstruction of the presidential election.

2-3-2026

Kurdish politician - The judiciary is required to resolve the obstruction of the presidential electionInformation/Special..
Kurdish politician Abu Bakr Karwan confirmed that the continued obstruction of the presidential election process is a clear violation of constitutional entitlements, calling on the judiciary to speak out regarding the obstruction, in light of the Read more…

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The framework returns empty-handed from Kurdistan and gives the two parties two days to decide on the position of President of Iraq.

The framework returns empty-handed from Kurdistan and gives the two parties two days to decide on the position of President of Iraq.

2026-02-03 03:46

The framework returns empty-handed from Kurdistan and gives the two parties two days to decide on the position of President of IraqShafaq News – Baghdad
On Tuesday, MP Duha al-Bahadli, from the National Approach bloc, confirmed that the coordination framework had given the two Kurdish parties, the Kurdistan Democratic Party and the Patriotic Union, 48 hours to decide on a candidate for the position of President Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:00 am

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Kurdish disputes deepen the political deadlock; the presidency remains vacant and the Kurdish political framework clings to its candidate.

Kurdish disputes deepen the political deadlock; the presidency remains vacant and the Kurdish political framework clings to its candidate.

2-2-2026

Kurdish disputes deepen the political deadlock - the presidency remains vacant and the Kurdish political framework clings to its candidateInformation/Report..
In light of the continued political deadlock and the delay in resolving constitutional entitlements, the disputes within the Kurdish house are escalating to become a direct pressure factor on the file of electing the President of the Republic, amid Read more…

Be the first to comment - What do you think?  Posted by MDV - February 2, 2026 at 9:24 am

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What is the connection between Kurdish disputes and the issue of the prime ministership?

What is the connection between Kurdish disputes and the issue of the prime ministership?

2-2-2026

What is the connection between Kurdish disputes and the issue of the prime ministershipInformation/Special..
Yasser Al-Khaza’i, a member of the State of Law Coalition, confirmed that the Coordination Framework is committed to its candidate for Prime Minister, stressing that the Framework’s decisions are made independently Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:35 am

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First comment on Tom Barrack assuming his duties as envoy to Iraq

First comment on Tom Barrack assuming his duties as envoy to Iraq

2-2-2026

First comment on Tom Barrack assuming his duties as envoy to IraqBaghdad-Mail
The head of the Amargi Party, Qusay Mahbouba, commented today, Monday, on the appointment of US President’s envoy to Syria and Lebanon, Tom Barak, as envoy to Iraq as well.

Mahbouba said in a post on the “X” platform, Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:07 am

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Presidential candidate, Counselor Salem Hawas, calls on the Constitutional Court to break the deadlock and “dissolve the House of Representatives”.

Presidential candidate, Counselor Salem Hawas, calls on the Constitutional Court to break the deadlock and “dissolve the House of Representatives”.

2026-02-02

Presidential candidate Counselor Salem Hawas calls on the Constitutional Court to break the deadlock and dissolve the House of RepresentativesPresidential candidate, Counselor Salem Hawas, confirmed on Monday (February 2, 2026) his intention to threaten to file a constitutional lawsuit before the Supreme Federal Court, requesting an interpretation of Article (64) of the Constitution and a statement of the unconstitutionality of the House of Representatives’ refusal to exercise its powers to dissolve itself, Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:43 am

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Alawi: Trump’s tweet towards Maliki created fears among the Kurds

Alawi: Trump’s tweet towards Maliki created fears among the Kurds

2-2-2026

Alawi - Trumps tweet towards Maliki created fears among the KurdsInformation/Baghdad…
Ali Alawi, a member of the State of Law Coalition, stressed the necessity of using diplomatic methods and understanding to resolve the issue of the premiership without any escalation or resorting to violence.
Alawi told Al-Maalouma that “US President Donald Trump’s tweet regarding Nouri al-Maliki, the Coordination Framework’s candidate for prime minister, has Read more…

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Al-Hamami holds the Kurds responsible for obstructing the session to approve the president of the republic.

Al-Hamami holds the Kurds responsible for obstructing the session to approve the president of the republic.

2-2-2026

Al-Hamami holds the Kurds responsible for obstructing the session to approve the president of the republicInformation/Baghdad…
Former MP Arif al-Hamami held Kurdish parties responsible for obstructing the parliamentary session to elect the president, pointing out that the disagreements among the Kurds are behind the delay in resolving Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:20 am

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The Sudanese bloc reveals the reason for the framework’s insistence on nominating Maliki for the premiership.

The Sudanese bloc reveals the reason for the framework’s insistence on nominating Maliki for the premiership.

2-2-2026

The Sudanese bloc reveals the reason for the frameworks insistence on nominating Maliki for the premiershipThe Information Agency/Baghdad –
The Reconstruction and Development Bloc, headed by Mohammed Shia al-Sudani, confirmed on Monday that the Coordination Framework’s insistence on its candidate, Nouri al-Maliki, head of the State of Law Coalition, stems from two main reasons: First, Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:12 am

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The Kurdish political deadlock is at stake… The coordination framework intervenes to resolve the presidential crisis.

The Kurdish political deadlock is at stake… The coordination framework intervenes to resolve the presidential crisis.

2-2-2026

The Kurdish political deadlock is at stake... The coordination framework intervenes to resolve the presidential crisisThe crisis surrounding the election of the Iraqi president remains a major point of political deadlock in the country, following the failure of the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) to Read more…

Be the first to comment - What do you think?  Posted by MDV - at 5:57 am

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Global website: Iraq’s economy is poised for growth in 2026 despite challenges

Global website: Iraq’s economy is poised for growth in 2026 despite challenges

2026-02-02 01:44

Global website - Iraqs economy is poised for growth in 2026 despite challengesShafaq News – Washington
On Monday, the American website Visual Capitalist, which specializes in analyzing economic data and indicators, revealed its expectations regarding the growth of Iraq’s GDP during 2026, indicating that the expected growth rate will reach 3.6%.

The website stated in a report Read more…

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Sulaymaniyah: The price of an ounce of gold drops by more than $200 in a matter of hours, leaving traders in a predicament

Sulaymaniyah: The price of an ounce of gold drops by more than $200 in a matter of hours, leaving traders in a predicament

2026-02-02 04:00

Sulaymaniyah - The price of an ounce of gold drops by more than 200 in a matter of hours leaving traders in a predicamentShafaq News – Sulaymaniyah
On Monday, the gold and silver markets in the city of Sulaymaniyah witnessed a significant decline in prices, coinciding with a sharp drop in precious metals on global stock exchanges at the opening of trading.

An ounce of gold lost more than $200 in just a few hours, while precious metals suffered daily losses of nearly Read more…

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The date for the presidential election session has been revealed.

The date for the presidential election session has been revealed.

2026-02-01

The date for the presidential election session has been revealedWell-informed political sources revealed today, Sunday (February 1, 2026), that an agreement has been reached to set next Read more…

Be the first to comment - What do you think?  Posted by MDV - February 1, 2026 at 8:32 am

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High Nassif attacks “political adolescents”: They want to nominate “the liar” and bring back the looting of funds.

High Nassif attacks “political adolescents”: They want to nominate “the liar” and bring back the looting of funds.

2-1-2026

High Nassif attacks political adolescents - They want to nominate the liar and bring back the looting of fundsBaghdad-Mail
MP Alia Nassif attacked on Sunday what she called “political adolescents” who want to nominate “Al-Kadhibi,” referring to former Prime Minister Mustafa Al-Kadhimi, while she directed a direct question to him: “Do you want the looting of money to return again?!” Read more…

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Savaya responds to reports of his exclusion as US envoy to Iraq

Savaya responds to reports of his exclusion as US envoy to Iraq

2026/02/01

Savaya responds to reports of his exclusion as US envoy to IraqUS envoy to Iraq Mark Savaya denied reports that he had been removed from his post.
This comes after Reuters quoted several sources as saying that he had been removed from the post, and that Tom Barrack would take over US affairs in Iraq in his place.

Savaya said: “Those reports are incorrect. I haven’t even started my job yet, so how Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:06 am

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The coordinating framework confirms: There is no backing down from supporting Maliki, and we await today’s session to present him for forming the government.

The coordinating framework confirms: There is no backing down from supporting Maliki, and we await today’s session to present him for forming the government.

2-1-2026

The coordinating framework confirms - There is no backing down from supporting Maliki, and we await todays session to present him for forming the governmentThe Information/Baghdad…
A member of the Coordination Framework, Uday Abdul-Hadi, confirmed on Sunday that the decision to support Nouri al-Maliki as the Framework’s candidate to form the next government is irrevocable. He indicated that they are awaiting the results of today’s session to officially nominate him.
Abdul-Hadi told Al-Maalouma, “The Coordination Framework’s meeting held Read more…

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Washington’s veto and Baghdad’s entitlement: Will the framework break the constraints of foreign intervention?

Washington’s veto and Baghdad’s entitlement: Will the framework break the constraints of foreign intervention?

2-1-2026

Washingtons veto and Baghdads entitlement - Will the framework break the constraints of foreign interventionInformation/Report…
In what is arguably the most difficult test of the logic of “national sovereignty” in years, Shia forces in Iraq are finalizing a new governing formula, met with a frantic regional and international movement seeking to reshape the balance of power in Baghdad. While Washington’s “tweets” raise their heads, drawing red lines against the nomination of Nouri al-Maliki, the “Coordination Framework” has chosen to Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:39 am

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Instead of Savaya, Trump is considering assigning Tom Barrack to the Iraq portfolio.

Instead of Savaya, Trump is considering assigning Tom Barrack to the Iraq portfolio.

2026-02-01 00:53

Instead of Savaya - Trump is considering assigning Tom Barrack to the Iraq portfolioShafaq News – Washington
Informed sources reported on Sunday that US President Donald Trump is considering assigning the Iraq file to Tom Barrack, instead of the current special envoy Mark Savaya.

Private sources told Shafaq News Agency that the US President has begun Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:06 am

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