By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.
British Ambassador Jonathan Wilks warned at a press conference last month that, at its current rate of growth, Iraq’s population would increase by a million people per year.
Iraq’s Central Statistical Organization (CSO) announced soon after, on Oct. 1, that the country’s population had reached about 38 million in 2018, and that Baghdad’s population had reached more than 8 million.
While Iraq has not conducted any comprehensive census since 1997, these figures, combined with the rising unemployment rate, indicate an imbalance between the growing population and the availability of services.
Najeh al-Obeidi, an economics researcher at the University of Baghdad, is worried that the state will not be able to respond to population growth or provide decent living conditions for Iraqis. “This raises concerns about the future,” he said. “Baghdad alone has a population equal to that of the entire country five decades ago.”
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Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced the launch of non-stop service to the city of Sulaymaniyah in the north of Iraq.
The new service from the carrier’s primary hub in Sharjah marks Air Arabia’s fourth destination in Iraq and 152 worldwide. From November 6, 2018, Air Arabia will offer two weekly flights to Sulaimaniyah, making it convenient for passengers travelling between both cities.
Offering convenient timings, the three-hour flight will operate twice per week, on Tuesdays and Fridays.
The outbound flight on Tuesday’s will depart from Sharjah International Airport (SHJ) at 05:00 and land in Sulaimaniyah International Airport (ISU) at 06:55 local time. The return flight will leave Sulaimaniyah at 07:35 and land in Sharjah at 11:05 local time.
On Fridays, the flight will depart from Sharjah International Airport (SHJ) at 15:00 and land in Sulaimaniyah International Airport (ISU) at 16:55 local time. The return flight will leave Sulaimaniyah at 17:35 and land in Sharjah at 21:05 local time.
Adel Al Ali, Group Chief Executive Officer, Air Arabia, said:
“We are pleased to launch this new service to Sulaimaniyah, our fourth destination in Iraq, after Baghdad, Najaf and Erbil. We continuously seek ways to enhance airline connectivity with Iraq, given the growth in business ties between the two nations. The additional route is a testament to Air Arabia’s commitment to providing affordable air travel to our growing customer base.”
(Source: Air Arabia)
By John Lee.
Iraq has agreed to buy 90,000 metric tons of rice from the United States.
US Congressman Ralph Abraham, M.D., R-Alto, a member of the House Agriculture Committee, said in a statement:
“Iraq is buying three times more rice than we requested in our letter, so I’m thrilled that this resulted in such a successful sale. A purchase of this great amount will have an immediate and strong impact on the American rice market, and this is certainly a testament to American rice producers, who grow the best rice in the world.”
Dr. Abraham said he has led several letters to Iraq over the last few years advocating for US rice, adding that the most recent success was in August when Iraq purchased 15,000 metric tons from the United States.
(Source: Congressman Ralph Abraham)
1.Wall Street and the US economy were on the verge of recession according to Peter Schiff, the CEO of Euro Pacific Capital, who raised alarms after this week’s market selloff.2. The news media was very aware of the terrible economic times ahead for the American people and the world in general hooked to the US dollar. The news media were playing stupid in order to not panic the public. The
Dan’s Daily Update October 14, 2018GCR/RV HighlightsSunday Morning:SUMMARY: No change since prior posts. Expecting release of 800 numbers today thru Tuesday. If I get any more info I will share.Sunday Evening:SUMMARY: One source says that tomorrow is the day where all the rates will be based on those rates and values.
Breitling: Anyone can have an opinion on the Iraqi Dinar, up or down. It does not matter. That is not illegal…two, it is not illegal to sell Iraqi Dinar…Iraq is a country. It’s their currency. It’s not a scam. It’s a country’s currency…this is a legitimate opportunity. We are speculating on the time and the rate. It’s nothing but pure speculation…It’s the CBI. They have the authority…Did
Frank26 » October 14th, 2018WALKINGSTICK HAS BROUGHT US A VIDEO NEWS CLIP FROM THE CBI THAT IS BEING PLASTERED ALL OVER IRAQ THIS MORNING……WS ASKED DELTA TO TRANSLATE IT………….. HE DID…….SHARED ON FRIDAY TEAM CHAT…KEEP IN MIND WHAT I SHARED ON MONDAY’S CC …………….. WE ONLY WAIT FOR ARTICLE # 2 !!!….FOR NON PREMIUM MEMBERS …………. YOU KNOW VERY WELL I WILL SHARE
Interesting note. Canada, the US and MEXICO HAVENOT adjusted their rates. Canada is still 1.30 to 1 usd. I suspect that on Tuesday the changes will be visible POST RV. If Monday is a black Monday for markets then the rv slips in quietly and the corrections take place. The gold standard plays into this. We know the Zim is 1:1 but the Yuan has not announced it is gold backed yet. Gold also needs
(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)
The BRICS Alliance has been systematically dismantling the Cabal economically (China) and militarily (Russia).The QFS is in place and backed by gold, precious metals, REE, and