Facts, News, Trends, Analysis
In a move that hasn’t been made since the early Saddam years, an ambassador from Kuwait will visit Iraq. This is the first such occurrence since Saddam Hussein invaded Kuwait in 1990. Kuwait isn’t the only country sending delegates to Iraq, although they may be the most significant given the past history and context. Other [...]
Arab News reported that on September 17, finance ministers of the Gulf Cooperation Council (GCC) met in Jeddah and approved proposals for a monetary council. Representatives from Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and the United Arab Emirates hope to utilize a single currency by 2010. Their oil-fueled economies have offered a safeguard against the [...]
