Iraq Financial News
15.03 / 03:43
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Head of the Islamic State in Iraq and Syria Abu Khadija has been killed, Iraqi prime minister says
Islamic State in Iraq and Syria has been killed in Iraq in an operation by members of the Iraqi national intelligence service along with U.S.-led coalition forces, the Iraqi prime minister announced Friday. «The Iraqis continue their impressive victories over the forces of darkness and terrorism,» Prime Minister Minister Mohammed Shia al-Sudani said in a statement posted on X, formerly known as Twitter. Abdallah Maki Mosleh al-Rifai, or "Abu Khadija," was «deputy caliph» of the militant group and as «one of the most dangerous terrorists in Iraq and the world,» the statement said. On his Truth Social platform Friday night, U.S. President Donald Trump said: «Today the fugitive leader of ISIS in Iraq was killed. He was relentlessly hunted down by our intrepid warfighters» in coordination with the Iraqi government and the Kurdish regional government. «PEACE THROUGH STRENGTH!» Trump posted.
14.03 / 07:35
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Iran's rulers caught between Trump's crackdown and a fragile economy
Iran's clerical leaders, engaging with the «Great Satan» to hammer out a nuclear deal and ease crippling sanctions may for once be the lesser of two evils. Though it harbours deep mistrust of the United States, and President Donald Trump in particular, Tehran is increasingly concerned that mounting public anger over economic hardships could erupt into mass protests, four Iranian officials said. That's why, despite the unyielding stance and defiant rhetoric of Iran's clerical leaders in public, there is a pragmatic willingness within Tehran's corridors of power to strike a deal with Washington, the people said. Tehran's concerns were exacerbated by Trump's speedy revival of his first term's «maximum pressure» campaign to drive Iran's oil exports towards zero with more sanctions and bring the country's already fragile economy to its knees, they said. President Masoud Pezeshkian has repeatedly highlighted the severity of the economic situation in the Islamic Republic, stating that it is more challenging than during the Iran-Iraq war in the 1980s, and pointing this month to the latest round of U.S. sanctions targeting tankers carrying Iranian oil.
12.03 / 02:19
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India weather update: Rain predicted in 18 states including Delhi, Kerala and northeast, Gujarat to witness heatwave
According to the India Meteorological Department (IMD), the first has originated in Iraq and is moving towards the hilly regions of northern India, bringing rainfall to the area. At the same time, a second cyclonic circulation has developed over Bangladesh and will bring rainfall in eastern and north eastern states over the next five days. In contrast, the weather department has issued a heatwave alert for the western state of Gujarat. The state is expected to experience severe heat on Wednesday, with temperatures predicted to range between 37 to 41 degree Celsius in several areas. The IMD forecasts the heatwave till Thursday, which could extend until Friday.
10.03 / 00:49
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President Trump’s decisions will set the global order
Subscribe to enjoy similar stories. When you make a pact with the devil, he always comes back to get his due. I wish Volodymyr Zelensky had remembered this before getting into a confrontation with Russia.
09.03 / 15:37
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Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran
The decision came as part of President Donald Trump's «maximum pressure campaign» on Iran, which is «designed to end Iran's nuclear threat, curtail its ballistic missile programme and stop it from supporting terrorist groups,» the statement said. «We urge the Iraqi government to eliminate its dependence on Iranian sources of energy as soon as possible, and welcome the Iraqi Prime Minister's commitment to achieve energy independence,» the statement said.
03.03 / 10:55
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Pope Francis, the Argentine pontiff who has never returned home
Pope Francis to visit the homeland he left in 2013 to become the head of the Roman Catholic Church. With his health delicate as he battles double pneumonia, the return seems increasingly unlikely now to happen. Pope Francis, 88, has been in a critical condition due to a lung infection. His two weeks in Rome's Gemelli hospital is the longest stay of his papacy and underscores his frailty. Francis has made more than 45 international trips during his papacy, including the first by any pope to Iraq, the United Arab Emirates, Myanmar, North Macedonia, Bahrain and Mongolia.
01.03 / 11:53
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Pakistan imposes travel restrictions on first-time flyers amid concerns over illegal immigration
The agency is implementing strict profiling measures for passengers heading to 15 countries such as Saudi Arabia, Iran, Iraq, Turkiye, Qatar, Azerbaijan, Kuwait, Kyrgyzstan, Russia, Egypt, Libya, Ethiopia, Senegal, Mauritania, and Kenya. According to a report submitted to the Lahore High Court (LHC) regarding a petition from a pilgrim denied travel to Saudi Arabia for Umrah, the FIA stated that travelers must possess a clear travel purpose, confirmed hotel bookings, and adequate financial resources. The FIA also mentioned that those traveling for Umrah should have sufficient religious understanding, as reported by Dawn.
23.02 / 18:29
22.02 / 20:13
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Who is Alnur Mussayev? The former USSR KGB officer at the center of explosive Donald Trump 'Russian spy' allegations
Alnur Mussayev, a former top official in the Soviet and post-Soviet intelligence apparatus, has reemerged in international headlines with a startling claim—that the KGB recruited Donald Trump in 1987 under the codename «Krasnov.» Once a powerful figure within the intelligence community, Mussayev’s career has spanned Cold War espionage, high-level political maneuvering, and eventual exile. His latest allegations have reignited debates over Trump’s connections to Russia, though no direct evidence has surfaced to support them.
22.02 / 07:45
21.02 / 09:17
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Is the age of American air superiority coming to an end?
Subscribe to enjoy similar stories. On August 26th the skies over Ukraine filled with the roar of 230 missiles and Shahed explosive-laden drones. It was Russia’s biggest such attack and it ought to have been devastating, since the largest missiles each carried as much as 700kg of explosives.
18.02 / 21:53
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Anthony Mackie’s fans believe Captain America star should have won Oscar for this movie
Captain America in the latest offering from Marvel Cinematic Universe. After the release of the film, Mackie’s fans believe that the Captain America: Brave New World star should have won the Academy Award for one film.
09.02 / 10:29
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Long covid effect? Conspiracy theories are alive and kicking in America
Subscribe to enjoy similar stories. Millions of Americans believe that invisible entities are driving the country’s domestic politics—shadowy deep-state actors that are allegedly controlling events, hiding toxins in our food and water and peddling dangerous and even deadly vaccines. These conspiracy theories have helped propel people like Donald Trump and Robert F.
08.02 / 03:57
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Saudi Arabia restricts travelers from 14 nations to single-entry visas to curb unauthorized Hajj pilgrims
Saudi Arabia has announced a significant visa policy change affecting travelers from 14 countries, including India. The government will now issue only single-entry visas for tourism, business, and family visits, suspending the previous one-year multiple-entry visas indefinitely.
04.02 / 21:19
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AI-generated videos of Donald Trump and Elon Musk convince people to buy fake gold coins and become millionaires; several MAGA faithful taken for a ride
US President Donald Trump and Tesla CEO Elon Musk have ended up deceiving numerous supporters into investing in a fraudulent scheme known as the ‘Golden Eagles Project’, reported Independent.
03.02 / 12:53
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Syria has a new government—or does it?
Subscribe to enjoy similar stories. Ahmed al-Sharaa, leader of the organization that overthrew Syria’s Assad regime, has “assumed the presidency of the country in the transitional phase," according to a statement last week from the military command of the current government in Damascus. The announcement formalizes the government that has existed since Mr.
30.01 / 12:35
30.01 / 10:37
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Salwan Momika shot dead: Who was the controversial Iraqi refugee in Sweden known for publicly burning the Quran?
Salwan Momika, a 38-year-old Iraqi refugee known for burning copies of the Quran, was shot and killed in his home in Sodertalje, Sweden, late Wednesday, along with fellow protester Salwan Najem. Swedish authorities confirmed the death and have detained five individuals in connection with the killing.
29.01 / 07:07
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OPEC+ will buckle under pressure from Trump who has history of bashing the oil cartel
Donald Trump has a decades-long history of bashing the Organization of the Petroleum Exporting Countries, starting with his 1987 book Trump: The Art of the Deal where he blamed the group for cripplingly high energy costs. Unsurprisingly, it only took him 72 hours after being sworn in to take aim at the cartel.
25.01 / 03:29
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Pete Hegseth confirmed as Trump's defense secretary in tie-breaking vote despite turmoil over his conduct
Senate confirmed Pete Hegseth as the nation's defense secretary Friday in a dramatic late-night vote, swatting back questions about his qualifications to lead the Pentagon amid allegations of heavy drinking and aggressive behavior toward women.
18.01 / 10:15
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Iraq could be the Middle East’s next battleground
Subscribe to enjoy similar stories. No sooner had it unleashed the first of its drones at Israel on November 8th than the Iraqi militia published an image of missiles streaking through the sky. Israel said its aerial defences had thwarted the attack by al-Nujaba (“the Nobles").
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