Archive for the ‘Iraq’ Category

Iraq asks Australia for more military aid

US yet to request help in Iraq, says Abbott

Prime Minister Tony Abbott has not ruled out Australian military involvement in Iraq if requested by the US.

Clive Palmer says he'll sue Qld's Deputy Premier for claiming he sought special favours for coal projects.

Former president George H.W. Bush turns 90 on Thursday and is marking the big day with a skydive.

Clive Palmer is hiring an Elvis impersonator to entertain his constituents at his Sunshine Coast resort.

The meeting between US President Barack Obama and PM Tony Abbott went ahead despite the Iraq crisis.

The Geoff Shaw show rolls on with the suspended Victorian MP due to headline a comedy event on Friday night.

Australia and the United States have reached a deal to bolster Marine rotations through Darwin.

Julia Gillard's former boyfriend has denied ever giving her money from a union slush fund for renovations.

Victoria's parliament is now deadlocked but the premier says his government is getting on with business.

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Iraq asks Australia for more military aid

Iraq oil exports highest since 1980

Iraqs oil exports reached their highest level in decades in December, the oil ministrys spokesman said on Saturday, but vital revenues were being hit by the plummeting prices of crude.

As reported by AFP, Iraq exported 91.141 million barrels of oil in December for an average of 2.94 million barrels per day, the highest daily average since 1980, Assem Jihad told AFP, citing initial figures.

December exports were far and away the highest in 2014, eclipsing the previous best month by more than 11 million barrels, according to ministry figures.

But revenues were $5.247bn, only up slightly on November and much lower than the early months of 2014 because of sharply declining oil prices.

Jihad said prices averaged $57 a barrel in December, down from $100 or more during the first half of the year.

The average December price was even lower than the $60 per barrel used to calculate Iraqs 2015 budget, which already includes a more than $19bn deficit.

Oil producing cartel OPEC must move to address this issue, Jihad said.

Prices are falling now to abnormal levels, and it is up to the organisation to move instead of watching prices collapse to illogical levels, he said, adding that this was his personal opinion rather than that of the ministry.

The dramatic decline in oil prices poses a major problem for Iraq, which depends on oil revenues for the vast majority of government funds.

The oil ministry said in November that Baghdad lost more than 27 per cent of its projected revenues for 2014 because of the fall in prices.

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Iraq oil exports highest since 1980

2014 deadliest for Iraq and Syria – Video


2014 deadliest for Iraq and Syria
Official data from Iraq shows that last year was the deadliest for Iraqis in seven years. According to figures, more than 15000 people were killed in violence across the country. 22000 people...

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2014 deadliest for Iraq and Syria - Video

UN: 2014 deadliest year in Iraq for civilians since 2006-7 bloodshed – Video


UN: 2014 deadliest year in Iraq for civilians since 2006-7 bloodshed
Violence in Iraq in 2014 killed at least 12282 civilians, making it the deadliest year since the sectarian bloodshed of 2006-07, the United Nations said in a statement. The majority of the...

By: NewsDroid

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UN: 2014 deadliest year in Iraq for civilians since 2006-7 bloodshed - Video

Iraq nightclub – Video


Iraq nightclub
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Iraq nightclub - Video