The United Nations Friday approved a nearly $600 million cut to its peacekeeping budget following pressure from the United States to reduce funding to the world body. The General Assembly approved by consensus the annual budget expected to total $7.3 billion, down from the current $7.87...

( The Guardian )- The senseless destruction of the Great Mosque of al-Nuri in Mosul last week is not only a monumental loss for the people of Iraq but for all humanity. The 12th century place of worship and its famed leaning minaret were landmarks in the Old City and featured on local currency....

The dollar was on course for its worst quarter in seven years on Friday, recovering only marginally against major peers after a week of hawkish central bank jawboning on inflation that has shaken major currency markets. It gained around 0.2 percent against the euro in early trade in Europe,...

( Al-Monitor )- Congress is threatening to cut funding for Iraq’s vaunted Kurdish peshmerga fighters if the Kurdistan Regional Government (KRG) ends up splitting with Baghdad. The House Armed Services Committee released a draft annual defense bill this week that makes continued funding for...