Baghdad Threatens Kurds With $3bn Budget Bill

Tensions between Baghdad and the Kurdistan Regional Government (KRG) ratcheted up still further on 4 August after Iraq’s cabinet announced it would give the Kurds a week to explain their failure to make agreed contributions of 175,000 b/d to exports or face the consequences.

By – Rafiq Latta 

These consequences would be equal to losses suffered by the 2012 budget as a result of the shortfall,...