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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    British report: America is pressuring Baghdad to cancel the court's decision to stop the export of K

    Rocky
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    Baghdad - British report: America is pressuring Baghdad to cancel the court's decision to stop the export of K Empty British report: America is pressuring Baghdad to cancel the court's decision to stop the export of K

    Post by Rocky Thu 15 Sep 2022, 7:34 am

    British report: America is pressuring Baghdad to cancel the court's decision to stop the export of Kurdistan's oil

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    Economy News-Baghdad
     
    A report by the British "Middle East Eye" website revealed , on Thursday, that there is enormous American pressure towards the Baghdad government to stop the Federal Supreme Court's decision to prevent the Kurdistan government from selling oil, indicating that America fears the suspension of dozens of its companies in the region in conjunction with a global fuel crisis .
    According to the report, "The United States urged Baghdad not to implement a court ruling forcing the Kurdistan region to hand over oil extracted from its territory to the federal authorities, warning that this could lead to an "exacerbation of an economic crisis" in Iraq ."
    Barbara Leaf, the State Department's top diplomat for Middle East affairs, said: "Washington is very concerned - that rushing to implement this decision may risk driving US companies out of Iraq, and others outside of Iraq ."
    She added, "It would be a shocking vote of no confidence in the business environment in Iraq and, frankly, could produce broader economic repercussions beyond the Kurdish region of Iraq ."
    Leaf stressed that she "shares US concerns with leaders in Baghdad and Erbil that pursuing the court's ruling would exacerbate the country's economic problems while it does. The country is already dealing with a political crisis ."
    It is noteworthy that the ruling, stated that "all oil contracts in the Kurdistan region are void, including agreements for exploration, extraction, export and sales. The dispute over oil sales escalated this summer after a commercial court in Baghdad canceled contracts between the Kurdish government and foreign energy companies ."
    Leaf continued, "The United States has not taken any legal position on the Iraqi court ruling, and moving forward now in the midst of an ongoing crisis over government formation would simply risk some kind of widening economic crisis, and that is the last thing the Iraqi people need."

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    Added 09/15/2022 - 2:21 PM
    Update 09/15/2022 - 3:32 PM
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