Iran-Iraq Current Affairs - 2020

Iran: New Currency introduced to tackle Inflation

The Iran Government has recently come up with the decision of changing the name of the its currency to toman. The unit of Iranian currency if Rial. According to the Iranian Government, one Toman is 10,000 rials. Highlights Gheran is another new denomination. 100 Gheran makes a Toman. The new system was authorized by the Read More…

Mohammed Allawi appointed the PM of Iraq amidst Tishreen Revolution in the country

On February 01, 2020, one of the former communications ministers of Iraq, Mohammed Allawi was appointed the Prime Minister of the country by the President of Iraq, Barham Salih. Highlights Allawi has been appointed the Prime Minister of the Country amidst long protests that has so far killed 600 in the country. 2019 Iraqi protests-The Read More…

Iran, Iraq ink pact on military cooperation

Iran and Iraq signed a memorandum of understanding (MoU) to step up military cooperation and the fight against terrorism and extremism. The MoU encourages promotion of interaction and share of experiences in the fight against terrorism and extremism, border security, training and logistical, technical and military support between both countries. Comment Iran and Iraq are Read More…