As the conflict between the United States, Israel, and Iran enters its twelfth day, the battlefield is no longer defined solely by geography but by a brutal, high-speed mathematical collapse. While the 12-day war of June 2025 serves as the historical baseline, the 2026 iteration has proven to be qualitatively more destructive and exponentially more expensive.
Turkey’s central bank has once again surprised the markets. On July 24, it reduced its benchmark interest rate from 46% to 43%, marking a notable turn back to an easing cycle amid persistent inflation and currency volatility. This decision carries significant implications not only for Turkey’s domestic economy but also for neighboring regions that are economically intertwined with it, such as the Kurdistan Region.
A spokesman for the Kurdistan Regional Government (KRG) told Rudaw this week that Iraqi Finance Minister Tayf Sami blamed a lack of liquidity for the failure to send the Kurdistan Region’s December public salaries. But could there truly be a shortage of dinars in Iraq at this time?
As the cradle of wheat cultivation, Kurdistan’s unique wheat traits, collected nearly a century ago and preserved alongside samples from 30 other countries, provide essential genetic resources that could be pivotal in developing resilient wheat for future generations.