Iraqi government to create 40,000 new jobs

By Laith Jawad Azzaman, June 4, 20120 The government has decided to create 40,000 new jobs as part of a new supplement to this year’s budget. The budget discussions were the main theme of a cabinet meeting early this week in which allocations for various sectors were revised due to an expected surge in oil [...]

World will fail to solve Syria crisis with Assad at the helm

By Fatih Abdulsalam July 3, 2012 President Bashar al-Assad of Syria is bent on an internal mechanism focused on cracking down on protests and the military activities of the Free Syrian Army fighting. Assad’s views and police diverge completely from what goes on in the corridors of the United Nations and the schemes that are [...]

5000 disabled Iraqis in urgent need of body parts in Diyala Province

By Husain al-Yaaquobi Azzaman, July 2, 2012 There are more than 5000 Iraqis who have been disabled as a result the violence that has gripped the Province of Diyala, according to a provincial official. Turath al-Azzawi, the province’s information officer, said the disabled were victims of car-bomb attacks, other detonating devices and violent acts which [...]

Iraq owns 11 percent of world’s oil riches

By Zeena Sami Iraq sits on 11 percent of the world’s proven oil reserves at a time there are more than 400 newly discovered locations with potential of holding massive hydrocarbon riches, according to Deputy Prime Minister Husain Shahristani. Shahristani is currently visiting Indonesia and his latest remarks were made in a statement sent to [...]

Central Bank wants Iraqis to drop the dollar in internal commercial transactions

By Khayoun Saleh Azzaman, June 29, 2012 The Central Bank has decided to remove three zeros from the dinar, a move it sees essential to strengthen local currency and tempt Iraqis to stick to it. For months, the bank has been mulling the issue but only recently it said a decision has been made and [...]

Iraq’s grain yields record high but still far below domestic needs

By Salah al-Rubaai Azzaman, June 27, 2012 Iraqi farmers have shipped 1.5 million tons of wheat and barley to state silos but the yields, though record high, only meet a small portion of domestic demand. Trade Ministry spokesperson Amer Adbulaziz gave the details of this year’s harvest, saying that the southern province of Wasit alone [...]

Iraq says it added 900 megawatts to national grid

By Zeena Sami Azzaman, June 26, 2012 More good news about power production in Iraq is not matched by better supplies to nearly 30 million Iraqis living under darkness since the 2003-U.S. invasion. Barely a day passes without the Ministry of electricity announcing a new contract, the completion of a new project or the addition [...]

Foreign firms to build multi-billion dollar housing projects in Iraq’s Basra

By Basem Husain Azzaman, June 25, 2012 The southern Iraqi Province of Basra will soon become the scene of multi-billion dollar construction projects to be implemented by major foreign firms, according to a statement by the provincial Investment Commission. Most of these projects will be in the city of Basra, the provincial capital. On completion [...]

Iraq warns Western oil majors against signing contracts with Kurds

By Adel Kadhem Azzaman, June 24, 2012 Iraq’s Deputy Prime Minister Husain al-Shahristani has warned foreign oil majors against signing oil development contracts with the semi-independent Kurdish enclave in northern Iraq. Shahristani, who is in charge of Iraq’s energy sector, has repeatedly reminded foreign firms that Iraq will place any firm dealing with Kurds without [...]

Fears mount of cholera outbreak in Iraq’s Basra

By Bassem Husain Azzaman, June 23, 2012 Residents of Iraq’s southern city of Basra say there are fears of a new onslaught of cholera epidemic amid hikes in temperatures, non-availability of drinking water and accumulating mounds of garbage across the city. Basra medics have acknowledge the existence of a few cholera cases, spreading fears that [...]