The global economy is approaching $126 trillion, and Iraq ranks 56th globally.

The global economy is approaching $126 trillion, and Iraq ranks 56th globally.

5-7-2026

A recent report by Visual Capitalist, based on projections from the International Monetary Fund, reveals that the global economy is projected to reach approximately $126 trillion by 2026, with the majority of global output remaining concentrated in a limited number of major economies. According to
the report, Read more…

The Trebil border crossing receives a thousand trucks daily amid calls for its expansion.

The Trebil border crossing receives a thousand trucks daily amid calls for its expansion.

2026-05-07

Shafaq News – Anbar
The mayor of Rutba district in Anbar province, Imad al-Rishawi, confirmed on Thursday that the Trebil border crossing is witnessing increasing commercial activity with the passage of about a thousand trucks daily, noting the need for the crossing to be urgently expanded to increase its capacity.

Al-Rishawi told Shafaq News Agency that the crossing receives trucks loaded Read more…

Pezeshkian after meeting Khamenei: No negotiations on Hormuz before the naval blockade is lifted

Pezeshkian after meeting Khamenei: No negotiations on Hormuz before the naval blockade is lifted

2026-05-07

Shafaq News – Tehran
Iranian President Masoud Pezeshkian announced on Thursday that he would meet with Supreme Leader Mojtaba Khamenei, while stressing that he would not enter into any negotiations with the United States regarding the Strait of Hormuz before the lifting of the naval blockade on Iran.

Pezeshkian said in press statements that his recent meeting with Mojtaba Khamenei lasted more than two hours in an atmosphere he described as Read more…

The Zaidi government: “Inclusion of all” met with ambiguity regarding the names of ministers and warnings from the Fayli community.

The Zaidi government: “Inclusion of all” met with ambiguity regarding the names of ministers and warnings from the Fayli community.

2026-05-07

Shafaq News – Baghdad
“Everyone will participate in the government,” a phrase repeated by the Iraqi Prime Minister-designate Ali al-Zaidi during his recent meetings in Baghdad and Erbil, has become a prominent headline for a difficult political phase preceding the anticipated parliamentary session next week, which is expected to witness Read more…

Iran: We are ready to meet the needs of ships in the Strait of Hormuz

Iran: We are ready to meet the needs of ships in the Strait of Hormuz

2026-05-07

Iran has announced its readiness to provide technical support and supplies to ships in the Strait of Hormuz and the region’s territorial waters. The Iranian Ports and Maritime Organization stated that the country’s ports are prepared to offer maritime services, technical support, supplies, and health and medical services to ships in the strait and territorial waters. The official Iranian news Read more…

Iraqi Dinar Guru opinions 5-6-2026

Iraqi Dinar Guru opinions 5-6-2026

5-6-2026 Newshound Guru Stephen The new prime minister is expediting the process of getting his entire cabinet seated. It’s supposed to be on the 27th of May. He’s actually going to have his entire cabinet seated and ready for vote before parliament by May 9th which is only a few days away… Read more…

Rule of law: The framework is geared towards an “organized government,” and al-Zaydi’s continued tenure depends on addressing the crises.

Rule of law: The framework is geared towards an “organized government,” and al-Zaydi’s continued tenure depends on addressing the crises.

5-6-2026

Information / Baghdad…
Salah Boushi, a member of the State of Law Coalition, confirmed on Wednesday that the leaders of the coordination framework are moving towards forming an “organized government” that is free from political favors, noting that its success depends on turning agreements into tangible Read more…

The Democrat explains the nature of the positions and ministerial portfolios he will receive in Al-Zidi’s cabinet.

The Democrat explains the nature of the positions and ministerial portfolios he will receive in Al-Zidi’s cabinet.

5-6-2026

Information/Baghdad…
Wafa Mohammed Karim, a member of the Kurdistan Democratic Party (KDP), confirmed that his party has secured the position of First Deputy Prime Minister, in addition to the Ministry of Foreign Affairs and another service ministry.

Karim told Al-Maalouma, “The names being circulated for the cabinet are only on social media; there are no confirmed names, especially within Read more…

An evening meeting of the framework was held with Al-Zaydi in attendance, and three “important” files were on the table for discussion.

An evening meeting of the framework was held with Al-Zaydi in attendance, and three “important” files were on the table for discussion.

2026-05-06

Shafaq News – Baghdad
An informed political source revealed on Wednesday that the leaders of the Coordination Framework will hold an evening meeting in the presence of Prime Minister-designate Ali al-Zidi to discuss the cabinet formation, oil exports in coordination with the Kurdistan Region, and mediation between Read more…

MP: Al-Zaydi will present 14 ministers to parliament next week and complete his cabinet after Hajj

MP: Al-Zaydi will present 14 ministers to parliament next week and complete his cabinet after Hajj

2026-05-06

Shafaq News – Baghdad
MP Shaker Mahmoud Al-Tamimi, from the Badr bloc, revealed on Wednesday that Prime Minister-designate Ali Al-Zaidi will present 14 ministers from his cabinet to the House of Representatives next week, and will present the remaining ministers after Read more…

“Iraq is in a predicament”… More than 40 million barrels of its oil are stuck west of Hormuz

“Iraq is in a predicament”… More than 40 million barrels of its oil are stuck west of Hormuz

2026-05-06

Shafaq News – Baghdad
Recent shipping and market data has revealed large quantities of Iraqi crude oil piling up on tankers anchored west of the Strait of Hormuz, amid escalating attacks on ships and continued restrictions on navigation in the vital waterway.

According to shipping tracking data, there are about 163 million barrels of Gulf Read more…

The US Secretary of Defense calls al-Zaidi to discuss activating security cooperation.

The US Secretary of Defense calls al-Zaidi to discuss activating security cooperation.

2026-05-05

Shafaq News – Baghdad
On Wednesday, Prime Minister-designate Ali Faleh al-Zaidi received a phone call from US Secretary of Defense Pete Hegseth, who congratulated him on being tasked with forming the new government.

This was stated in an Iraqi government statement received by Shafaq News Read more…

Axios: Washington and Tehran are nearing an agreement to end the war.

Axios: Washington and Tehran are nearing an agreement to end the war.

2026-05-06

Shafaq News – Washington
US officials said on Wednesday that Washington and Tehran are close to reaching an agreement on a one-page memorandum to end the war.

According to Axios, citing US officials, “The United States expects a response Read more…

A parliamentary proposal would require al-Zidi and his ministers to make a written pledge before gaining confidence.

A parliamentary proposal would require al-Zidi and his ministers to make a written pledge before gaining confidence.

2026-05-06

Shafaq News – Baghdad
On Wednesday, Ali Al-Sarai, a member of the “Reconstruction and Development” bloc, revealed that he had submitted a request to the Speaker of Parliament to add a clause to the government program that Prime Minister-designate Ali Al-Zidi would present, which would require nominated ministers to make a written pledge before being granted confidence. Read more…

Al-Kaabi responds to calls for the “disarmament” of Iraqi factions: This is a red line and will not be surrendered, even at the cost of lives.

Al-Kaabi responds to calls for the “disarmament” of Iraqi factions: This is a red line and will not be surrendered, even at the cost of lives.

2026-05-06

Shafaq News – Baghdad
Akram al-Kaabi, the leader of the Iraqi al-Nujaba Movement, responded on Wednesday to calls by the United States to “disarm” Iraqi factions, stressing that it is a “red line and will not be surrendered even if lives are sacrificed.”

In a post on the X platform, Al-Kaabi accused Israel of “direct Israeli incitement and provocation” of the US chargé d’affaires in Iraq to speak about Read more…

The Interior Minister announces the completion of the “concrete wall” on the Iraqi-Syrian border.

The Interior Minister announces the completion of the “concrete wall” on the Iraqi-Syrian border.

2026-05-06

Shafaq News – Baghdad
Interior Minister Abdul Amir al-Shammari announced on Wednesday the completion of the “concrete wall” along the Iraqi border with Syria.

Al-Shammari said during a ceremony held on this occasion, according to a statement received by Shafaq News Agency, that this project, which has been underway since 2022, represents the true “safety valve” for Iraq, as it puts Read more…

Revolutionary Guard: Crossing the Strait of Hormuz has become safe and stable.

Revolutionary Guard: Crossing the Strait of Hormuz has become safe and stable.

2026-05-06

Shafaq News – Tehran
The Iranian Revolutionary Guard Corps Navy confirmed on Wednesday that safe and stable passage through the Strait of Hormuz has become possible with the removal of the threat from aggressors.

The Revolutionary Guard Navy thanked the owners of ships docked Read more…

A former US Army colonel predicts a “victory” declaration between his country and Iran as part of a settlement to end the war.

A former US Army colonel predicts a “victory” declaration between his country and Iran as part of a settlement to end the war.

2026-05-06

Shafaq News – Washington
Retired U.S. Army Colonel Miles B. Caggins III predicted on Wednesday that Washington and Tehran would continue to de-escalate tensions within the framework of the diplomatic track in preparation for announcing a comprehensive peace agreement Read more…

The Peshmerga demand to be included under the laws and privileges of the Iraqi forces.

The Peshmerga demand to be included under the laws and privileges of the Iraqi forces.

2026-05-06

Shafaq News – Erbil
On Wednesday, the Chief of Staff of the Ministry of Peshmerga, Lieutenant General Issa Ozeer, discussed with the members of the Security and Defense Committee in the Iraqi Parliament, Sherwan Dubardani and Chiman Barzani, the inclusion of the Peshmerga forces in the laws and privileges specific to Read more…

Trump: The operation will end if Iran agrees to the deal, otherwise there will be a larger bombing campaign.

Trump: The operation will end if Iran agrees to the deal, otherwise there will be a larger bombing campaign.

2026-05-06

Shafaq News – Washington
US President Donald Trump suggested on Wednesday that Tehran would agree to the deal to open the Strait of Hormuz, warning of a “bigger bombing” if it did not.

Trump said, “If Iran agrees to what has been agreed upon, then Operation Read more…