AGP Executive Report
Last update: 7 hours agoAnti-Corruption Crackdown: Iraq’s Central Anti-Corruption Criminal Court sentenced MPs Alia Nassif and Ashwaq al-Jubouri to multi-year prison terms and ordered restitution totaling more than $55 million in illicit gains, as the Dawn Crackdown continues. More Court Rulings: Another MP, Ashwaq Salem Hassan, was handed seven years for illicit enrichment and ordered to repay and fine nearly $9.1M, while a Baghdad court also issued death sentences over a deadly security forces shootout. US-Iran Aviation Sanctions: New US sanctions on Iran’s aviation sector took effect, with Iranian airlines suspending flights to Baghdad and Muscat and other destinations, while Iraq weighs rerouting to Najaf; Iran says some flights are still operating and warns of wider disruption. Sovereignty and Weapons Timeline: Nouri al-Maliki said a weapons-control plan will be unveiled Sept. 30, tied to Iraq’s push to bring arms under state control as the Global Coalition mission ends Sept. 30 and disarmament targets June 2027. Economy and Trade: Iraq posted a $10.82B trade surplus in Q1, driven largely by crude exports, while the IMF-backed push includes restructuring financial policy and shifting toward program-and-performance budgeting. Oil and Markets: Basrah Heavy crude tendered for export via ship-to-ship off Oman; oil prices hovered near two-week lows as Gulf supply improved and diesel margins rose. Sports: Iraq opens Gulf Cup 27 against Oman in Jeddah, with kickoff set for 5:30 p.m. Baghdad time.
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