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[size=35][size=35]Kuwait is communicating with China to revive the “Mubarak Al-Kabeer Port” project.. What is Iraq’s relationship?[/size]
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06-01-2024 | 05:05
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Al-Sumaria News - Economy
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The project's revival came about 10 years after construction stopped - when it was only partially completed - as it was affected by Iraq's ambitious plan to create a $17 billion road and railway network to boost trade in the region, in which Turkey, Qatar and the UAE also participate, apart from [You must be registered and logged in to see this link.]Kuwait, according to the agency. .
This week, a Chinese delegation traveled to the oil-rich Gulf state and met with Kuwaiti officials to hold “in-depth technical and field discussions” about the construction of [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] and other projects, according to the [url=https://www.alsumaria.tv/entity/29333513/%D9%88%D9%83%D8%A7%D9%84%D8%A9 %D8%A7%D9%84%D8%A3%D9%86%D8%A8%D8%A7%D8%A1 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9/ar/]Kuwait News Agency[/url].
“It is clear that if [You must be registered and logged in to see this link.] does not move forward, it will fall behind. This is already happening,” Kristin Smith Diwan, a resident researcher at the [url=https://www.alsumaria.tv/entity/1046462555/%D9%85%D8%B9%D9%87%D8%AF %D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9/ar/]Arab Gulf States Institute[/url] in Washington, told Bloomberg.
Although it is a major ally of the United States in the Middle East and one of the richest countries in the world thanks to its oil reserves, [You must be registered and logged in to see this link.]'s development goals have long suffered as a result of political imbalance, as was recently confirmed by the Emir's suspension of Parliament.
On May 10, the Emir of [You must be registered and logged in to see this link.], Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], ordered the dissolution of Parliament and the suspension of some articles of the Constitution for a period not exceeding 4 years.
The prince said in a speech broadcast on [url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] at the time: “I will never allow democracy to be exploited to destroy the state.”
[url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] reported that the powers of the [url=https://www.alsumaria.tv/entity/3029352060/%D8%A7%D9%84%D8%AC%D9%85%D8%B9%D9%8A%D8%A9 %D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9/ar/]National Assembly[/url] would be assumed by the Emir and the [url=https://www.alsumaria.tv/entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url].
The revival of the port plan indicates that “the Emir of [You must be registered and logged in to see this link.] plans to use Parliament’s suspension to move forward with projects that are stalled by disagreements between lawmakers and ministers,” according to “Bloomberg.”
Obstacles
There are still many obstacles that the project may face, according to Bloomberg, as the Gulf already includes many major ports, including those in Dubai and Abu Dhabi in the UAE.
The economies of Syria and Iran - which the port was initially supposed to serve - have also been damaged by war and sanctions, limiting the benefits of any trade corridor with them.
Diwan said: ““[You must be registered and logged in to see this link.] is focusing its strategic planning on the port and city project in the north, which would encourage trade-led development. ([You must be registered and logged in to see this link.]) hopes to consolidate its leadership in the northern Gulf, and this will be impossible if the maritime issue with Iraq is not resolved.”
In the wake of ongoing disputes between the executive and legislative authorities, the Emir of [You must be registered and logged in to see this link.], Sheikh Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, dissolved Parliament and suspended some articles of the Constitution for a period not exceeding four years.
[url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] constitutes direct competition to the nearby Iraqi port of Al-Faw, as [You must be registered and logged in to see this link.] canceled a maritime agreement that allowed [You must be registered and logged in to see this link.] access through the Khor Abdullah corridor, causing a dispute between the two countries.
Kuwaiti Minister of Public Works, [url=https://www.alsumaria.tv/entity/2771954612/%D9%86%D9%88%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%B9%D8%A7%D9%86/ar/]Noura Al-Mashaan[/url], visited the construction site of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] project on Boubyan Island, in an official indication that the Gulf state is committed to the project, which Iraq rejects.
The Ministry of Public Works said in a statement that Al-Mashaan visited the Mubarak Port site, accompanied by a technical delegation of experts and engineers specialized in mega projects from [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], in addition to the Chinese ambassador to [You must be registered and logged in to see this link.].
The visit came, according to the statement, in implementation of the memorandum of understanding related to the establishment of the Mubarak Port project, signed between [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.] during the visit of the Emir of the country, Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], to Beijing last September.
[You must be registered and logged in to see this link.] did not officially announce the resumption of construction work in Mubarak Port, located on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] near Iraq, a project that [You must be registered and logged in to see this link.] has always rejected.
But Al-Qabas newspaper says that the Mubarak Port project “is at the forefront of the Kuwaiti scene developmentally and economically with the start of the actual resumption of its implementation, and practical and realistic steps are being taken towards this direction, so that it will be among the development projects that [You must be registered and logged in to see this link.] is counting on during the next stage.”
What is Mubarak Port?
In April 2011, [You must be registered and logged in to see this link.] laid the foundation stone for the construction of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url], whose cost is estimated at about $1.1 billion, on Boubyan Island, with construction scheduled to be completed in 2016. The announcement of this huge project was first made in 2007.
This engagement sparked anger from the public. On the side of neighboring Iraq, which considers that the port construction site on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] will obstruct its access to the waters of the Gulf, which are its only outlet to the sea.
[You must be registered and logged in to see this link.] rejects these accusations.
In July of the same year, [You must be registered and logged in to see this link.] officially asked [You must be registered and logged in to see this link.] to stop work in Mubarak Port after a political controversy between the two countries, but the Gulf state officially rejected Iraq’s request.
In 2013, the two countries concluded an agreement to regulate maritime traffic in Khor Abdullah, which connects Iraq to the waters of the Gulf.
The agreement stipulates that the waters of Khor Abdullah will be divided equally between the two countries, based on United Nations Security Council Resolution 833 issued in 1993, which redrawn the borders in the wake of the Iraqi invasion of [You must be registered and logged in to see this link.].
Iraqis object to this agreement because they believe that it gives [You must be registered and logged in to see this link.] the right to territorial waters deep inside Iraq, which hinders the movement of maritime trade in front of the country's limited ports.
However, last September, the Iraqi Supreme Court decided that the Khor Abdullah Agreement, which regulates maritime traffic in the waterway separating [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], was unconstitutional.
The court justified its decision "in violation of the provisions of Article (61/Fourth) of the Constitution of the [url=https://www.alsumaria.tv/entity/47585/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Republic of Iraq[/url], which stipulates that the process of ratifying international treaties and agreements is regulated by a law enacted by a two-thirds majority of the members of the House of Representatives."
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Economy
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06-01-2024 | 05:05
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Al-Sumaria News - Economy
Kuwait has renewed cooperation with China to revive the huge Gulf Port project, which aims to be a major commercial center at the northern end of the Gulf, according to the American “Bloomberg” agency.
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The project's revival came about 10 years after construction stopped - when it was only partially completed - as it was affected by Iraq's ambitious plan to create a $17 billion road and railway network to boost trade in the region, in which Turkey, Qatar and the UAE also participate, apart from [You must be registered and logged in to see this link.]Kuwait, according to the agency. .
This week, a Chinese delegation traveled to the oil-rich Gulf state and met with Kuwaiti officials to hold “in-depth technical and field discussions” about the construction of [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] and other projects, according to the [url=https://www.alsumaria.tv/entity/29333513/%D9%88%D9%83%D8%A7%D9%84%D8%A9 %D8%A7%D9%84%D8%A3%D9%86%D8%A8%D8%A7%D8%A1 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9/ar/]Kuwait News Agency[/url].
“It is clear that if [You must be registered and logged in to see this link.] does not move forward, it will fall behind. This is already happening,” Kristin Smith Diwan, a resident researcher at the [url=https://www.alsumaria.tv/entity/1046462555/%D9%85%D8%B9%D9%87%D8%AF %D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9/ar/]Arab Gulf States Institute[/url] in Washington, told Bloomberg.
Although it is a major ally of the United States in the Middle East and one of the richest countries in the world thanks to its oil reserves, [You must be registered and logged in to see this link.]'s development goals have long suffered as a result of political imbalance, as was recently confirmed by the Emir's suspension of Parliament.
On May 10, the Emir of [You must be registered and logged in to see this link.], Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], ordered the dissolution of Parliament and the suspension of some articles of the Constitution for a period not exceeding 4 years.
The prince said in a speech broadcast on [url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] at the time: “I will never allow democracy to be exploited to destroy the state.”
[url=https://www.alsumaria.tv/entity/2024029423/%D8%AA%D9%84%D9%81%D8%B2%D9%8A%D9%88%D9%86 %D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA/ar/]Kuwait TV[/url] reported that the powers of the [url=https://www.alsumaria.tv/entity/3029352060/%D8%A7%D9%84%D8%AC%D9%85%D8%B9%D9%8A%D8%A9 %D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9/ar/]National Assembly[/url] would be assumed by the Emir and the [url=https://www.alsumaria.tv/entity/1122135457/%D9%85%D8%AC%D9%84%D8%B3 %D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1/ar/]Council of Ministers[/url].
The revival of the port plan indicates that “the Emir of [You must be registered and logged in to see this link.] plans to use Parliament’s suspension to move forward with projects that are stalled by disagreements between lawmakers and ministers,” according to “Bloomberg.”
Obstacles
There are still many obstacles that the project may face, according to Bloomberg, as the Gulf already includes many major ports, including those in Dubai and Abu Dhabi in the UAE.
The economies of Syria and Iran - which the port was initially supposed to serve - have also been damaged by war and sanctions, limiting the benefits of any trade corridor with them.
Diwan said: ““[You must be registered and logged in to see this link.] is focusing its strategic planning on the port and city project in the north, which would encourage trade-led development. ([You must be registered and logged in to see this link.]) hopes to consolidate its leadership in the northern Gulf, and this will be impossible if the maritime issue with Iraq is not resolved.”
In the wake of ongoing disputes between the executive and legislative authorities, the Emir of [You must be registered and logged in to see this link.], Sheikh Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, dissolved Parliament and suspended some articles of the Constitution for a period not exceeding four years.
[url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] constitutes direct competition to the nearby Iraqi port of Al-Faw, as [You must be registered and logged in to see this link.] canceled a maritime agreement that allowed [You must be registered and logged in to see this link.] access through the Khor Abdullah corridor, causing a dispute between the two countries.
Kuwaiti Minister of Public Works, [url=https://www.alsumaria.tv/entity/2771954612/%D9%86%D9%88%D8%B1%D8%A9 %D8%A7%D9%84%D9%85%D8%B4%D8%B9%D8%A7%D9%86/ar/]Noura Al-Mashaan[/url], visited the construction site of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url] project on Boubyan Island, in an official indication that the Gulf state is committed to the project, which Iraq rejects.
The Ministry of Public Works said in a statement that Al-Mashaan visited the Mubarak Port site, accompanied by a technical delegation of experts and engineers specialized in mega projects from [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], in addition to the Chinese ambassador to [You must be registered and logged in to see this link.].
The visit came, according to the statement, in implementation of the memorandum of understanding related to the establishment of the Mubarak Port project, signed between [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.] during the visit of the Emir of the country, Sheikh [url=https://www.alsumaria.tv/entity/2734583101/%D9%85%D8%B4%D8%B9%D9%84 %D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%AF %D8%A7%D9%84%D8%AC%D8%A7%D8%A8%D8%B1 %D8%A7%D9%84%D8%B5%D8%A8%D8%A7%D8%AD/ar/]Meshaal Al-Ahmad Al-Jaber Al-Sabah[/url], to Beijing last September.
[You must be registered and logged in to see this link.] did not officially announce the resumption of construction work in Mubarak Port, located on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] near Iraq, a project that [You must be registered and logged in to see this link.] has always rejected.
But Al-Qabas newspaper says that the Mubarak Port project “is at the forefront of the Kuwaiti scene developmentally and economically with the start of the actual resumption of its implementation, and practical and realistic steps are being taken towards this direction, so that it will be among the development projects that [You must be registered and logged in to see this link.] is counting on during the next stage.”
What is Mubarak Port?
In April 2011, [You must be registered and logged in to see this link.] laid the foundation stone for the construction of the [url=https://www.alsumaria.tv/entity/3821878343/%D9%85%D9%8A%D9%86%D8%A7%D8%A1 %D9%85%D8%A8%D8%A7%D8%B1%D9%83 %D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1/ar/]Mubarak Al-Kabeer Port[/url], whose cost is estimated at about $1.1 billion, on Boubyan Island, with construction scheduled to be completed in 2016. The announcement of this huge project was first made in 2007.
This engagement sparked anger from the public. On the side of neighboring Iraq, which considers that the port construction site on [url=https://www.alsumaria.tv/entity/2099577022/%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9 %D8%A8%D9%88%D8%A8%D9%8A%D8%A7%D9%86/ar/]Bubiyan Island[/url] will obstruct its access to the waters of the Gulf, which are its only outlet to the sea.
[You must be registered and logged in to see this link.] rejects these accusations.
In July of the same year, [You must be registered and logged in to see this link.] officially asked [You must be registered and logged in to see this link.] to stop work in Mubarak Port after a political controversy between the two countries, but the Gulf state officially rejected Iraq’s request.
In 2013, the two countries concluded an agreement to regulate maritime traffic in Khor Abdullah, which connects Iraq to the waters of the Gulf.
The agreement stipulates that the waters of Khor Abdullah will be divided equally between the two countries, based on United Nations Security Council Resolution 833 issued in 1993, which redrawn the borders in the wake of the Iraqi invasion of [You must be registered and logged in to see this link.].
Iraqis object to this agreement because they believe that it gives [You must be registered and logged in to see this link.] the right to territorial waters deep inside Iraq, which hinders the movement of maritime trade in front of the country's limited ports.
However, last September, the Iraqi Supreme Court decided that the Khor Abdullah Agreement, which regulates maritime traffic in the waterway separating [You must be registered and logged in to see this link.] and [You must be registered and logged in to see this link.], was unconstitutional.
The court justified its decision "in violation of the provisions of Article (61/Fourth) of the Constitution of the [url=https://www.alsumaria.tv/entity/47585/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/ar/]Republic of Iraq[/url], which stipulates that the process of ratifying international treaties and agreements is regulated by a law enacted by a two-thirds majority of the members of the House of Representatives."
[You must be registered and logged in to see this link.]
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» Basra Gas Company announces the return of production and export operations to normal
» Former Minister Reveals “Exciting” Details Concerning Leaks... What’s the Story of the Electronic Fl
» Al-Sudani receives the five berths of Al-Faw Port from the Korean company
» Implementation of judicial memoranda of understanding on the table of the meeting between Faeq Zidan
» List of dollar prices in Iraqi markets today, Thursday
» It will include smaller areas and eliminate the sponsor.. Insistence on legislating the “Housing Fun
» Prime Minister: We are facing a new Iraq and the path of development will be an artery linking most
» Completion rates have increased fivefold in two years.. “Amazing” information and scenes from Al-Faw
» Central Bank: Importance of cooperation and money transfer to facilitate trade with Azerbaijan
» Iraqi Businesswomen Council: A safe environment to support women’s entrepreneurship and develop skil
» Economist: The value of the dinar will decrease and the financial deficit will increase
» American website: Iraq's budget suffers from a deficit of $49.3 billion
» Good news for journalists and writers.. The "financial grant" will be launched on this date
» Iraq is the third Arab country in gold reserves
» Wanted by Iraqi judiciary.. An "Iraqi-American" diplomatic crisis with Trump's victory in the US pre
» Central Bank of Iraq sells more than $280 million in auction today
» Trump's victory... will it be a lifeline from the "judicial guillotine"?
» After winning the presidential race, Trump talks about a “strong mandate”
» Al-Sudani chairs meeting with IATA delegation
» Central Bank Governor stresses need for cooperation to facilitate trade with Azerbaijan
» utube 11/6/24 Donald Trump's full victory speech
» Deep State Confronted by Trump.. Will Elon Musk Lead America, the World and “Mars”?
» Alsumaria Noon Bulletin Files: Trump's Victory and Objections to the General Amnesty Law
» Parliamentary bloc explains reasons for demanding extension of legislative term
» Al-Sudani discusses with an international delegation lifting the ban on Iraqi Airways
» Axios: Washington warned Baghdad that Israel may attack Iraq if it does not prevent the Iranian atta
» Trump declares victory in US elections: I will not start wars, but I will end them
» Parliamentary Foreign Affairs: Trump is wanted by the Iraqi judiciary, but the country's interest co
» "Al-Eqtisad News" publishes the full decisions of the Cabinet session
» Bitcoin Hits All-Time High in Early Trading
» Iraq tops the list of countries importing Arab products related to construction activity
» 2025 Strong national economy and sound banks
» Government stresses the need to secure petroleum derivatives for energy production
» Anbar: The second phase of the electricity connection with Jordan has reached its end
» Iraq's gold holdings rise to more than 152.5 tons
» Al-Alaq stresses to Azerbaijani ambassador the importance of cooperation in transferring money to fa
» 7 decisions on the general population census
» The world awaits the new US president
» Sudanese demands stopping the Zionist aggression
» Wasit: Distribution of seeds among farmers with a support rate of 70 percent
» Trade: Central markets {hypermarkets} to officially open in 2025
» Civil Service Council: Controls for appointing land donors
» Baghdad Municipality: Measures to avoid damage from oil spills in the Tigris
» The Board of Trustees discusses a number of topics related to developing the work of the media netwo
» Sovereign guarantees boost labor market
» Mazhar Saleh: No impact of oil price drop on operating budget
» Iraq's share in the IMF
» Trump's "Historic" Victory: World Leaders Congratulate Him