Posts Tagged ‘Economy’

Iraq investment concerns remain as trade fair ends

BAGHDAD (AFP) — Nuri al-Maliki may have trumpeted Iraq last week as the top destination for investment in the region, but experts warn that myriad problems keep it from being a good choice for all but the most adventurous. Excessive red tape, rampant corruption, an unreliable judicial system and still-inadequate security, as well as a [...]


Iraq needs $1 trillion to rebuild: investment chief

BAGHDAD (AFP) – Iraq needs up to $1 trillion over the next 10 years to rebuild its crumbling infrastructure and battered economy, its investment chief said in an interview on Thursday. Sami al-Araji‘s remarks come during the Baghdad International Fair, Iraq’s biggest trade showcase in more than 20 years, as the government looks to court [...]


Iraq PM in power grab by ousting bank chief: experts

by Prashant Rao Note: This article was published by AFP on October 22, 2012. It can be found in full here. BAGHDAD (AFP) – The targeting of Iraq’s well-respected central bank chief appears to be a move by Prime Minister Nuri al-Maliki to consolidate power and sends a bad message to international investors, experts and [...]


Iraq looks to raise profile with OPEC candidate

by Prashant Rao Note: This article was originally published by AFP on June 12, 2012. It can be found in full here. BAGHDAD (AFP) – As Iraq increases oil output and emerges as a key supplier, it is now pushing a candidate for OPEC secretary general, part of efforts to boost its profile and retake [...]


Tough contracts hurt Iraq energy auction: analysts

by Prashant Rao Note: This article was originally published by AFP on June 1, 2012. It can be found in full here. BAGHDAD (AFP) – A landmark Iraqi auction for oil and gas exploration blocks was a disappointment because of poor contract terms on offer and a lack of requisite energy infrastructure, analysts say. The [...]


AFP’s coverage of the US withdrawal from Iraq

Agence France-Presse has put out several stories in recent days about the US withdrawal from Iraq, and now that it is complete, I wanted to put together a one-stop-shop of all the articles AFP has published. Without further ado, a summary of AFP‘s coverage of the US withdrawal from Iraq: December 18, 2011 US forces [...]


Iraq struggles a decade after 9/11

Note: This article was originally published by AFP on August 30, 2011. You can find it in full here. by Prashant Rao A decade after 9/11 attacks that set the stage for the 2003 invasion, Iraq is struggling to rebuild as dysfunctional politics, a persistent insurgency and rampant graft blunt the promise of its oil [...]


Where Iraq stood in August 2010

Where Iraq Stood in August 2010 – RTE World Report August 2010 was a busy month in Iraq. Along with US forces gearing up to declare an official end to combat operations, and get troop numbers below 50,000 (from a peak of around 170,000 during “the surge”), a suicide bomber blew himself up amid a [...]


Disappearing Tradition: Najaf abaya makers in decline

Disappearing Tradition: Najaf abaya makers in decline

by Prashant Rao Note: This article was originally published by AFP on March 9, 2011. It can be found here. NAJAF, Iraq (AFP) – Known across the region for its fine texture, the Najafi abaya is worn by all manner of VIPs from officials to oil-rich sheikhs. But the men who produce the hand-made cloth, [...]


News you might have missed

by Prashant Rao Note: This blog post was originally published by AFP on April 1, 2009. It can be found here. A good portion of the news that we, and other news organisations, cover are events that, to some degree, can be planned for — press conferences, briefings, speeches, and the like. The G20 summit here [...]


Baghdad Diary: The Weekly Shop

by Prashant Rao Note: This blog post was originally published by AFP on March 9, 2011. It can be found here. There are many ways to measure progress, from rapid GDP growth to declining poverty rates. One of the ways I’ve begun to view progress, though, is through the prism of our local supermarket. When [...]