[size=36]Newspaper: Low oil is more harmful to Iraq than ISIS[/size]
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In its article, the newspaper predicts that "the damage suffered by Mesopotamia due to the drop in oil prices is greater than the damage of ISIS and the Corona virus epidemic. The
author of the topic says that the threat resulting from low oil prices is" very severe "and its impact is greater than that of other countries in the region.
The author believes that "focusing on ISIS and the Corona virus as the main threats to Iraq is diverting attention from a greater danger facing the country, and other oil-exporting countries in the Middle East, that this threat in Iraq is most severe because its population of 38 million is just emerging from 40 years of crisis and war. "
He notes that the Iraqis “are still deeply divided, and their bad luck is that they live in a country that the United States and Iran chose to contest their differences in. It seems like an era that passed, but only in January did the United States assassinate Iranian General Qassem Soleimani with a drone at Baghdad airport. And I came close to war with Iran. "
The problem in Iraq is simple, but not solvable: Iraq is running out of money with its oil revenues falling, after the oil price crash caused by the disastrous economic impact of the Coruna virus.
Nevertheless, the writer says, "The problem in Iraq is simple but not solvable: Iraq is running out of money with its oil revenues tumbling, after the collapse of the oil price caused by the disastrous economic impact of Coruna virus, and the country derives 90 percent of its government revenue from exporting crude oil, but it is In April, she earned just $ 1.4 billion, while she needed $ 5 billion to cover salaries, pensions, and other government spending.
He draws attention to the fact that Iraq "cannot pay the 4.5 million people who work in the government for their salaries, as well as four million others who receive pensions."
The author believes that this "may not sound exciting news compared to the escalation of ISIS killings or the potential harm caused by Covid 19, but it may further deepen instability by more than the organization and the epidemic do." Ended 29 / p.