04 May 2020

Iran Changes National Currency from ‘Rial’ to ‘Toman’

On May 04, 202o, Iran's parliament on Monday approved a bill to change the official currency to 'toman' which equals 10,000 rials. The Iranian lawmakers voted on Monday for the details of an amendment to the Monetary and Banking Act of Iran that would change the official currency to 'toman'
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28 Apr 2020

Libya: Khalifa HAFTAR Claims “Mandate from the People”

On April 27, 2020 the head of the eastern-based Libyan National Army Field Khalifa HAFTAR said he has a "mandate from the people" to govern the country and announced a UN roadmap to form a unity government was "a thing of the past". In a speech on Libya al-HADATH TV channel, he said his self-styl
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16 Apr 2020

G20 Agrees Debt Freeze for World’s Poorest Countries

On April 15, 2020, finance officials from the Group of 20 major economies agreed to suspend debt service payments for the world’s poorest countries from May 1 until the end of the year, as a group of private creditors also backed offering debt relief. The actions to freeze both principal repaym
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SAUDI Arabia Resumes Talks with Yemen’s Houthis as Truce Falters
15 Apr 2020

Saudi Arabia Resumes Talks with Yemen’s Houthis as Truce Falters

On April 14, 2020, sources familiar with the discussions, informed that Saudi Arabia has resumed indirect talks with Yemen’s Houthi movement to cement a faltering ceasefire after the World Health Organisation warned of a pending explosion of Covid-19 cases in the war-torn country. The ceasefire
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08 Apr 2020

Saudi Arabia Announces Yemen Cease -Fire Amid Corona Virus Pandemic

On April 08, 2020, in a statement of Saudi Arabia’s state news agency, the Saudi-led coalition fighting the Houthi rebels in Yemen, announced that its forces would begin a cease-fire starting with April 09. In the statement, the spokesman of Saudi Arabia’s state news agency, Col. Turki al-MAL
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07 Apr 2020

Lebanon’s twin crises worsened by Covid-19

While already struggling with simultaneous crises affecting its banking sector and currency, Lebanon seems to get engulfed by the spread of Covid-19 within its borders. On top of that, the country’s debt burden is currently equivalent to nearly 170% of its gross domestic product, and it has bee
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10 Oct 2019

Warsaw Security Forum 2019

Group photo, following the roundtable on "De-radicalization in Iraq After ISIS Collapse: Issues and Challenges", held in the frame of Warsaw Security Forum 2019. Among the speakers, Muayad Mouhammed Salih, Undersecretary for Administrative and Financial Affairs, Ministry of Foreign Affairs, Iraq,
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