About This Source - Al Jazeera English
The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.
Recent from Al Jazeera English:
Al Jazeera English published this video item, entitled “Iraq devalues currency by a fifth, the most since 2003” – below is their description.
Iraq’s government recently devalued the local currency – the Iraqi dinar – by more than 20 percent.
It is the biggest currency devaluation against the dollar since the 2003 fall of Saddam Hussein.
Prices of everyday goods and services have suddenly skyrocketed, fuelling fear and anger among many Iraqis who have spent decades struggling to survive financially.
Al Jazeera’s Charles Stratford has this report from Baghdad.
–Al Jazeera English YouTube Channel
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In This Story: Iraq
Iraq has a coastline measuring 58 km (36 miles) on the northern Persian Gulf and encompasses the Mesopotamian Alluvial Plain, the northwestern end of the Zagros mountain range and the eastern part of the Syrian Desert. Two major rivers, the Tigris and Euphrates, run south through Iraq and into the Shatt al-Arab near the Persian Gulf. These rivers provide Iraq with significant amounts of fertile land. The region between the Tigris and Euphrates rivers, historically known as Mesopotamia, is often referred to as the cradle of civilisation.
Iraq is a federal parliamentary republic consisting of 19 governorates, four of which make up the autonomous Kurdistan Region. Disputes over the sovereignty of Kurdistan Region continue.
Iraq is a founding member of the UN as well as of the Arab League, OIC, Non-Aligned Movement and the IMF.