Arbil has resoluted longstanding arbitration cases with energy firms to 2,3 billion USD. With this agreement, Erbil agrees to pay 1 billion USD to companies immediately. Where as remaining 1,3 billion USD will be paid by increasing the company share in agreement to 22% to 78% KRG share.
Prior to referendum, this has demonstrated Arbil's financial strength. However the situation might be deceptive. Source; RUDAW
EU Finance Minister has stated 'We should no longer accept that these companies do business in Europe while paying minimal amounts of tax to our treasuries,'. For some time, EC is concerned
Do you waat Kurdish Region and Kurdistani areas outside the administration of the Region to become an Independent State? That would be the question to be voted on 25 September 2017 in Kurdish
Uzbekistani Som has lost 48% of its value on 04 September. The announcement followed by another announcement that country will not be tied with US Dollar. We believe that country intends to target the
Including 2 reporters arrested on 31/08/2017 in Antalya airport in relation to July 2016 coup attempt in Turkey, the number of German citizens arrested tolled up to 12 in relation to coup attempt.
IMF has revised up the global growth for 2017 and 2018 projections. The last published source emhapsizes that growth in European Area, Japan and China will be increasing during 2017 and 2018 which