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Economic Crisis

Sri Lanka: Stepping Back from a Constitutional Crisis

International Crisis Group - 2018-10-31 15:09
The return to power of controversial former President Mahinda Rajapaksa as Sri Lanka's prime minister is unconstitutional and destabilising. International actors should make future security and economic cooperation contingent on parliament reconvening im ...

Watch List 2018 – Third Update

International Crisis Group - 2018-10-25 17:27
Crisis Group’s third update to our Watch List 2018 includes entries on economic reforms in Libya, preserving the fragile quiet in Syria’s Idlib province, addressing the plight of civilians in eastern Ukraine, supporting Colombia's uneasy peace process an ...

PICTURES: Iranian Kurdistan Goes on Strike to Protest Economic Crisis

BAS News - 2018-10-08 12:12
ERBIL — The majority of Kurdish cities in the Iranian Kurdistan joined a public strike on Monday to protest the harsh economic crisis as the result of Tehran government’s policies. Civic activists had previously called on the people to close down the mar ...

Iraqi Kurds vote for new Kurdistan parliament

E-Kurd - 2018-10-01 17:09
HEWLÊR-Erbil, Iraq’s Kurdistan region,— Iraqi Kurds voted on Sunday for a new parliament in their autonomous region, which is mired in an economic crisis a year after an independence referendum that infuriated Baghdad. Almost 3.1 million voters were elig ...

Helping the Burundian People Cope with the Economic Crisis

International Crisis Group - 2018-08-31 20:00
Burundi’s worsening economy threatens to incite further violence in an already unstable country. The European Union and its member states, who have suspended direct aid to the government, must redouble efforts to ensure that their support benefits the Bu ...

Teachers in Kurdistan Demonstrate for Second Day for Their Salaries

BAS News - 2018-03-26 13:04
ERBIL - Teachers in Sulaymaniya, Erbil, and Duhok provinces continue to demonstrate on Monday for the second day for their slashed salaries. As the Kurdistan Region has been suffering from an economic crisis over the past three years, its regional govern ...

Video: Containing the Shock Waves from Venezuela

International Crisis Group - 2018-03-26 11:34
Crisis Group's Andes Senior Analyst Phil Gunson explains how Venezuela’s socio-economic implosion is dragging in neighbours as hundreds of thousands of people flee the country, epidemics spread and violent crime spills over borders. ...

Teachers Demonstrate in Kurdistan for Slashed Salaries

BAS News - 2018-03-25 14:29
ERBIL — Hundreds of teachers in Erbil staged a demonstration on Sunday to protest government’s economic austerity which has affected their salaries. Due to acute financial crisis, the Kurdistan Regional Government has implemented an austerity program tha ...

Can Sudan Manage Economic Discontent amid Volatile Geopolitics?

International Crisis Group - 2018-02-23 22:15
Facing an economic crisis at home, Sudanese President Omar al-Bashir has avoided picking sides in the spat between Gulf powers. But friction with Egypt and divisions in the Gulf have made such flexibility in regional relations more difficult to achieve. ...

Gaza’s economy is about to collapse

ANHA - 2018-02-20 11:28
MUSTAFA AL-DAHDOUH GAZA – The crisis between the Palestinian political parties and Israel’s control of exports and imports through the crossings has paralyzed Gaza’s economic sector and raised prices. Gaza Strip has been under siege for 11 years. Israel c ...

Strengthening Institutions in Tunisia

International Crisis Group - 2018-02-07 19:11
Tunisia is in limbo between two different forms of government, deepening socio-economic difficulties for many citizens and putting the country’s security at risk. In this excerpt from our Watch List 2018, Crisis Group proposes that the EU and its member ...

The Korean Peninsula Crisis: Beyond Fire and Fury

International Crisis Group - 2018-01-24 01:35
Two Crisis Group reports detail how a nightmarish war on the Korean peninsula is closer than ever in recent history, and how the Winter Olympics and North Korea’s need to show economic progress in its 70th anniversary year offer opportunities for diploma ...

Cameroon’s Anglophone Crisis at the Crossroads

International Crisis Group - 2017-08-03 01:04
Since October 2016, protests and strikes related to sectoral demands have escalated into a crisis over the economic and political marginalisation of Cameroon’s Anglophone minority. Although the government has made some concessions, it must rebuild mutual ...

The Mediterranean: Europe’s Frontline to Africa

International Crisis Group - 2017-08-01 18:41
The International Crisis Group will be partnering with The Mediterranean Growth Initiative to host an evening at the Frontline Club, discussing the political and economic insecurity facing the Greater Mediterranean region and its consequences for Europe. ...

Reports on Food Crisis after Kurdistan Referendum "Baseless": Expert

BAS News - 2017-07-29 17:04
Tens of Countries Ready for Food Trade with Kurdistan, he says ERBIL— There will be no food crisis after Kurdistan Region's independence referendum as tens of countries are ready for food trade with Kurdistan, stated an economic expert. The reports which ...

Putin discusses Syria, economic ties with Iran's Rouhani: Kremlin

Reuters - 2017-05-27 13:25
MOSCOW (Reuters) - Russian President Vladimir Putin and Iran's Hassan Rouhani held a phone call in which the two leaders stressed the need for more joint efforts to resolve the Syria crisis and discussed economic ties, the Kremlin said on Saturday. ...

Iraqi Kurdistan needs over $1.4 billion to complete housing, road projects

E-Kurd - 2017-05-18 04:52
SULAIMANI, Iraq’s Kurdistan region,— Iraq’s Kurdistan Regional Government (KRG) needs more than $1.4 billion USD to complete housing and road projects which were halted due to the economic crisis, a senior official said. The KRG Minister of Housing and R ...

Curacao coastguard rescues Venezuelans fleeing crisis

Reuters - 2017-05-12 20:25
WILLEMSTAD/CARACAS (Reuters) - Coastguards from the Caribbean island of Curacao rescued 26 Venezuelans stranded on nearby Little Curacao on Friday, in the latest case of migrants fleeing an economic and social crisis at home. ...

CIA director warns of Venezuela weapons transfers

Reuters - 2017-05-11 17:29
WASHINGTON (Reuters) - CIA Director Mike Pompeo said on Thursday there are large caches of weapons in Venezuela and a risk of them falling into the wrong hands as the country grapples with economic crisis and street protests. ...

World Bank ready to help Venezuela if asked: Latam chief

Reuters - 2017-04-19 14:38
WASHINGTON (Reuters) - The World Bank Group stands ready to assist Venezuela, a member and shareholder of the institution, if the government asks for help in dealing with a punishing economic crisis, the bank's top executive for Latin America said. ...

Venezuela seeks to stymie OAS meeting, vows 'severe' response

Reuters - 2017-03-27 22:31
CARACAS/WASHINGTON (Reuters) - Venezuela called on Monday for the suspension of an Organization of American States meeting intended to air regional concerns over the OPEC nation's economic crisis and democratic standards. ...

KRG’s PM Nechirvan Barzani Meets Duhok’s Officials

Waar Media - 2017-03-13 14:43
WAAR-DUHOK: Kurdistan regional government prime minister, Nechirvan Barzani with a staff of his cabinet are in meeting with Duhok’s officials governorate for discussing economic crisis, IDP, ISIS combat and after-ISIS period. According to WAAR reporter, ...

Iraqi Kurdistan News in brief – March 10, 2017

E-Kurd - 2017-03-11 21:49
Iraqi Kurdistan could come out of economic crisis after real reform, official says Sulaimani: Iraq’s Kurdistan Region could rise above the economic crisis after carrying out real reform, an official from the Patriotic Union of Kurdistan (PUK) said on Fri ...

KRG Seeking $0.5 Billion Loan to Boost Oil Sector

BAS News - 2017-02-21 15:47
30,000 "illegal" employees have been discharged from the public payroll system ERBIL — To accelerate the efforts to overcome the economic crisis, the Kurdistan Regional Government (KRG) is trying to obtain 0.5 billion USD loan as it has also annulled the ...

Iraqi Kurdistan’s farmers turn to innovative greenhouse growing

E-Kurd - 2017-02-03 14:08
HEWLÊR-Erbil, Iraq’s Kurdistan region,— Iraqi Kurdistan Regional Government’s (KRG) Ministry of Agriculture recently reported a surge in greenhouse produce cultivation in winter season due to increasing demand for fresh greens and the economic crisis whi ...

$150,000 fake notes seized near Iraqi Kurdistan capital

E-Kurd - 2017-02-01 19:33
HEWLÊR-Erbil, Iraq’s Kurdistan region,— Kurdish security forces seized around $150,000 counterfeit USD in Soran district, northeast of the capital of Iraq’s Kurdistan Region, Erbil, as an economic crisis continues to plight the region. Director of Soran ...

Food waste makes 50% of garbage collected from Iraqi Kurdistan

E-Kurd - 2017-02-01 19:33
HEWLÊR-Erbil, Iraq’s Kurdistan region,— Despite an acute economic crisis striking the region, people in Iraq’s Kurdistan Region are adding a huge amount of food waste to the garbage piles out of their cities. An updated study shows that almost 50% of gar ...

Mexico seeks stronger U.S. ties despite Trump campaign barbs

Reuters - 2017-01-20 23:59
MEXICO CITY (Reuters) - Mexico's president said on Friday he wanted to strengthen relations with his new U.S. counterpart Donald Trump, whose threats and barbs against the country raised fears of a major economic crisis, and battered its currency. ...

Car imports decrease in Iraqi Kurdistan due to financial crisis

E-Kurd - 2017-01-01 04:37
HEWLÊR-Erbil, Iraq’s Kurdistan region,— Interest in the latest car models has plummeted in the Kurdistan Region due to the ongoing economic crisis, said a sales manager of a motor company, leading to some car companies reducing their imports of the latest ...

Will Turkey's economic crisis doom presidential system? / Mustafa Sonmez

KurdPress - 2016-12-31 03:19
In a few days, Turkey will leave a tough year behind, fraught with political and economic setbacks. Two general elections in 2015 had contributed nothing to the country’s stability, instead paving the way for more tension, conflict and polarization. Tens ...

Venezuela leader's foes say no more talks without concessions

Reuters - 2016-12-26 23:53
CARACAS (Reuters) - Venezuela's opposition on Monday ruled out returning to Vatican-led talks with President Nicolas Maduro's government unless it makes major concessions amid a crushing economic crisis and bitter political standoff. ...

Kurdish women innovate to overcome power shortages in Erbil

Ruwayda - 2016-12-26 00:58
Kurdistan Region is currently facing financial and economic hardships. The financial crisis has led to the decline of business investment and prosperity as the government continues to host over one million refugees fleeing the violence of Islamic State gr ...

Iraqi Kurdistan News in brief – December 16, 2016

E-Kurd - 2016-12-24 12:50
Kurdish PUK official: Economic crisis transferred from U.S. to Middle East Duhok: The economic crisis has been transferred from the United States to the Middle East including Iraq’s Kurdistan Region, a Kurdish official said on Friday. Head of the Patrioti ...

Iraqi Kurdistan News in brief – November 19, 2016

E-Kurd - 2016-11-20 21:16
Teachers, public servants protest over economic crisis in Iraqi Kurdistan Sulaimani: Hundreds of teachers, civil servants and employees staged protests and resumed strikes in parts of the Kurdistan Region on Saturday against the government’s austerity mea ...

Unemployment, poverty rates in Iraqi Kurdistan ‘increased’: minister

E-Kurd - 2016-11-03 03:04
HEWLÊR-Erbil, Iraq’s Kurdistan region,— Iraqi Kurdistan’s Minister of Planning said the unemployment rate increased to 12% in the Kurdistan Region as the region is facing an economic crisis. Minister Ali Sindi told Voice of America that the poverty rate h ...

Why calls for independence are in decline in Iraqi Kurdistan / Ali Taher

KurdPress - 2016-10-07 23:50
The salary crisis in the Kurdistan Region of Iraq has led to further economic, political and social interdependence with Baghdad, which began to melt the Kurdish dream of independence. The economic situation has affected even the most hard-line nationali ...

Why calls for independence are in decline in Iraqi Kurdistan / Ali Taher

KurdPress - 2016-10-07 19:33
The salary crisis in the Kurdistan Region of Iraq has led to further economic, political and social interdependence with Baghdad, which began to melt the Kurdish dream of independence. The economic situation has affected even the most hard-line nationali ...
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