Iraq Security Report 29th August 2024
- Grid North Operations
- Aug 30, 2024
- 2 min read
Grid North are a small team of consultants providing resilience building strategies and assessments for NGOs, Media teams, oil and gas companies, investors, the insurance industry, and private clients in Iraq and the wider MENA region.
We offer a modern, dynamic approach to security, underpinned by extensive operational experience and a world-wide network of professional contacts, enabling organisations to identify gaps in their security apparatus and develop actionable plans to enhance their security in Iraq.
Our core services being broad spectrum Risk management, Intelligence, Security Advisory, Crisis Support, Training, Due Diligence and Strategy. With high level experience of risk management and mitigation strategies in challenging regions we are able to reach the places other aren’t and deliver the honest and clear answers you need without an up-sell of security services. We also offer medical risk assessments, due diligence on security partners, embedded medics, emergency planning and project monitoring services. Ready and able to deploy fast, globally we look forward to supporting you.
This week, Iraq has seen a mix of promising advancements and ongoing challenges. On the positive side, the acquisition of seven Bell 505 helicopters from the U.S. showing a level of commitment to improving military training and maintaining operational readiness.
However, the security environment remains volatile. Recent incidents, such as the bombing of a political office in Basra and ongoing Turkish airstrikes targeting PKK positions in northern Iraq, illustrate the persistent threats Iraq faces from both internal insurgents and external actors.
Amidst the challenges, Iraq's economic outlook is hopeful. With currency reserves reaching an all-time high of $108 billion, largely driven by oil revenues, the nation’s financial position is stronger than ever. Yet, political instability, particularly the tensions between different factions and ethnic groups, continues to loom large.
Social unrest is also on the rise this week, with multiple protests planned, driven by a mix of economic grievances and political dissatisfaction.
The government's response to these movements will be watched carefully as an indicator of Iraq's near-term stability.
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