In Pictures
This week sees the birthday of Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE. Kipp doesn’t know if he plans a party, but he’d be hard pushed to top these.
Arabic News View
Kipp takes a look at some editorials from the Arabic press. This week: Change looms over the energy industry; Rescue from Damascus; Change in the Middle East; Silencing Syria.
Videos
US intelligence network is so massive and so secretive that nobody knows how much it costs.
Last Week's Winner
Indrani Dasgupta
Indrani Dasgupta
Loading ...
Homepage | Cover Story | Iran demands $1 trillion in damages from Iraq
Iran demands $1 trillion in damages from Iraq
December 20, 2009
Iran’s takeover of a well in Fekka has instigated an onslaught of negative press, prompting the Iranian government to demand $1 trillion from the Iraq government for ‘compensation’.
The incident occurred only a month before an Iranian-Iraqi committee was to decide the official borders between the nations.
The spokesperson for Iraq’s Ministry of Oil, Assem Jihad, said the occupied “oil well is located within Iraq’s land, as determined by an agreement in June 2009.”
Crude oil prices for January delivery jumped $0.71 to $73.36 a barrel on the New York Mercantile Exchange on Friday on news of the occupation. Iraqi officials, however, insist the nation’s oil production will not be affected by Iran’s offensive.
Update: Iranian forces have pulled out of Fekka, reports the AFP, citing an unconfirmed source. More to follow in Kippreport’s daily news.
Reality check for Dubai firm over Paris Hilton show
The producers of the celeb’s ‘My New BFF’ in Dubai face an $8 million lawsuit in the US.
The producers of the celeb’s ‘My New BFF’ in Dubai face an $8 million lawsuit in the US.
Switch on to realty TV
‘The Hydra Executives,’ the UAE’s version of ‘The Apprentice,’ is going to start airing this week. Are you waiting to watch it?
‘The Hydra Executives,’ the UAE’s version of ‘The Apprentice,’ is going to start airing this week. Are you waiting to watch it?
Hair raising headlines
In journalism, it is essential to capture readers with catchy headlines. But some headlines are catchy for all the wrong reasons. Here’s a sprinkle from the UAE’s newspapers.
In journalism, it is essential to capture readers with catchy headlines. But some headlines are catchy for all the wrong reasons. Here’s a sprinkle from the UAE’s newspapers.
Tags: $1 trillion, Fekka, Iran, Iraq, occupation, oil well.
Twitter
Facebook
You can be the first one to leave a comment.