The Real Problem Versus The Fake Problem!

Published on: June 5, 2026: 03:59 PM   There are socialists in Iraq, but there is no socialism, nor has there ever been. Socialism in Iraq is a word, a slogan, an old political myth, like freedom, transparency, fighting corruption, and social justice. What is absent and missing in this country becomes present only when the authorities so desire. 

I believe that mentioning socialism as a mindset and a problem lacks any real, philosophical, or intellectual justification, just as there are no demands of a socialist nature. It's no secret that Iraqi socialists themselves don't have a socialist program; they've lowered their expectations within our chaotic system, whose identity remains unclear.

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The Rise of the Digital State: AI Surveillance Expands as Governments Seek Greater Control

The rapid growth of artificial intelligence is transforming security, governance, and surveillance, raising new questions about privacy, freedom, and the future balance of power.

Why Countries Peg Their Currencies to the Dollar

By  Kimberly Amadeo  Updated on May 6, 2020

A dollar peg is when a country maintains its currency's value at a fixed exchange rate to the U.S. dollar. The country's central bank controls the value of its currency so that it rises and falls along with the dollar. The dollar's value fluctuates because it’s on a floating exchange rate. 

At least 66 countries either peg their currencies to the dollar or use the dollar as their legal tender.1 The dollar is so popular because it's the world's reserve currency. World leaders gave it that status at the 1944 Bretton Woods Agreement.

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Hezbollah Rejects Ceasefire as Middle East Peace Efforts Face New Setback

The collapse of a U.S.-brokered Lebanon ceasefire highlights the growing link between regional conflicts, Iran negotiations, and global economic stability.

The 2026 World Cup Will Be The Most Expensive In History

Money and Business    Economy News - Follow-up   Bloomberg News reported that the costs of the 2026 FIFA World Cup will be the highest in history for fans attending the tournament in the United States, Canada, and Mexico.

The agency explained that ticket prices for the tournament matches have witnessed an unprecedented rise, with some categories reaching hundreds of thousands of dollars, coinciding with a significant increase in transportation, parking and match-related service costs.

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Digital Finance Accelerates as Governments and Markets Prepare for a New Monetary Era

Growing adoption of tokenized assets, stablecoins, and digital financial infrastructure is reshaping the future of global commerce and capital flows.

Financial expert identifies tools to "save Baghdad" from the liquidity crisis - Urgent

Baghdad Today - Special Report   Iraq's public finances are under increasing pressure due to declining oil revenues and the continued near-total reliance on crude oil as the primary source of budget funding. This has impacted liquidity levels and the government's ability to meet its growing obligations. Amid these challenges, economic calls are mounting for a review of the public revenue structure, expanding the tax base from non-oil sectors, reforming financial collection systems, combating corruption, and reducing waste in government spending.

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Crypto Enters Mainstream Housing Market as Coinbase Launches Token-Backed Mortgages

The integration of cryptocurrency into mortgage lending marks a significant step toward the convergence of digital assets and traditional finance.