World Bulletin/News Desk
Our goal is to export half a million barrels of oil every day to the global markets by the end of the year, Nechirvan Barzani, head of the Kurdish Regional Government, said Wednesday.
"We are open to dialog and negotiations with Baghdad but we want 17 percent from the Iraqi budget. Baghdad acted unconstitutionally by cutting our share of the governmental budget. Oil sales are transparent and appropriate according to the constitution," Barzani told the regional parliament, adding that, "we can’t wait forever for a deal from Baghdad. We can sell our oil."
Baghdad filed a lawsuit against Ankara, after Kurdish oil was sold and transported through Turkey. The selling of the oil bypasses Iraq's national State Oil Marketing Company and violates the country’s constitution, Baghdad claims.
The oil has been sitting in the southeastern Turkish port of Ceyhan for the last six months, while Irbil and Baghdad negotiated an agreement for the oil sales.
The regional Kurdish government, however, says that Baghdad cut their share of the revenues from the national budget and that they are determined to export oil via Turkey in order to compensate for the loss, claiming to do so is a unequivocal constitutional right and in line with 2007's Iraq oil law.
Iraq holds the world's fifth largest known oil reserves with 143 billion barrels.
ISIS was pushed out of the Iraqi town of al-Baghdadi by the Iraqi army, aided by U.S. airstrikes, according to reports on Friday.
The U.N. Security Council on Friday approved a United States-drafted resolution that condemns the use of toxic chemicals such as chlorine in Syria without assigning blame, while threatening militarily enforced action in the case of further violations.
Moroccan King has refused to accept phone call as it appeared to be an effort to woo voters.
The group now has legalised status in Jordan and have appointed Abdel-Maguid Zunaibat as the groups new leader
Talks between the government and opposition broke down last May, but recent events have fueled tensions.
Under current Swiss laws, an applicant has to be on Swiss territory to lodge an asylum request.
Iraqi security forces backed by Shiite militia defeat Daesh in al-Dour town.
Floods – said to be the worst in 90 years – affected Madagascar, Malawi, Mozambique and Zimbabwe
The streets of Mogadishu saw heavy deployments of security personnel, who set up checkpoints in order to search cars and check passengers' IDs
Several Israelis were killed or wounded amid a rise in Palestinian attacks on Israelis as tension in the region mounts.
An Iraqi antiquities official confirmed the news, saying the destruction began after noon prayers on Thursday and that trucks that may have been used to haul away artefacts had also been spotted at the site.
Mogherini told a foreign policy conference in the Latvian capital that she was committed to bringing the Iranian nuclear talks to a positive end.
The postponement of the local elections is the second time they have been pushed back.
Navalny strikes defiant tone after murder of ally Nemtsov with plans to go to Nemtsov's grave later on Friday