Saudi Oil revenue in 2012 is over Trillion SAR

Saudi-Arabia-Flag-iconThe Oil revenue during 2012 in Saudi Arabia has reached unprecedent levels. With over 1,145 billion SAR equivalent to $305 billion Dollars  in 2012 the amount has more than doubled compared to 2009 figures. (The figure in full is 1,145,000,000,000 SR)


Presentation by: FT


500,000 people hungry in Britain according to Oxfam-CAP report

UKA report published on 20th May 2013 by well-known charities Oxfam and CAP estimated that over 500,000 people living in Britain are reliant on food aid and “food banks”.

The report titled “Walking the Breadline – The Scandal of food poverty in 21st Century Britain” noted that the sharp rise in food poverty is caused by:

  • Increasing levels of underemployment
  • Low and falling income
  • Rising food and fuel prices

The report raises the risk that, the growth in food aid demonstrates that the social safety net is failing in its basic duty to ensure that families have access to sufficient income to feed themselves adequately.



137 Trillion m3 is the Iraqi Gas reserves

Iraq-Flag The Iraqi Oil Ministry announced on Tuesday 28th May 2013 that the confirmed Iraqi Gas reserves has reached 137 Trillion cubic meters. This has been boosted by recent new discoveries of Gas reserves in the country.

Iraq is already the 2nd largest Oil producer around the globe. Iraq also has the 5th largest proven Oil reserves in the world with some estimates suggesting Iraq could potentially contain the largest Oil reserves. According to Iraqi Oil Minister – Abdul Kareem al-Luaibi – Iraq’s estimates  for its crude reserves has increased to 150 billion barrels. This figure doesn’t include deposits in the semi-autonomous Kurdish region in the north of the country. The Kurdistan Regional Government estimates that its territories hold 45 billion barrels of oil.

Discrimination against Muslims rising!

us_department_stateInternational Religious Freedom Report, released on Monday 20th May 2013 and produced by the U.S. Department of State found that discrimination, harrassment and repression continued to rise against Muslims around the world.

Shia Muslims and Ahmadis were particulary targeted even within countries with Muslim majorities. Saudi Arabia, Bahrain, Pakistan, Indonesia (East Java).

The report which surveyed the 2012 events worldwide, noted that in Tunisia, Salafists attacked targets they deemed “un-Islamic,” such as a Russian Orthodox Church, synagogues, dozens of Sufi shrines, and Celebrations or gatherings they “associated with Shia Islam”.

View the full report in PDF format.

IMF: Money Laundry is 2-5% of World GDP

IMF-logoThe International Monetary Fund (IMF) estimates that the amount of money laundered each year may be somewhere between 2% and 5% of the world’s gross domestic product. This is roughly equivalent to the value of the Spanish economy. As long ago as 1996 the IMF gave an estimate of between $590 billion and $1.5 trillion.

1 in 5 Young people is unemployed in Britain

UKAccording to Office for National Statistics (ONS) in Britain, the unemployment total for young people aged between 16 and 24 is now at 20.7%. There is 958,000 young people unemployed during the first quarter (Jan-Mar) of 2013.

uk unemployment2013

ONS Figures recorded unemployment level has risen to 2.52 million (at 7.8 %). The number of Jobseeker’s Allowance (Unemployment benefits) claimants in March 2013 was 1.52 million people.

Source: BBC

Food Security Rises in Iraq

Iraq-FlagFood deprivation was rising to 15 percent by 1996, according to FAO. Throughout the 1990s, food deprivation continued to climb, reaching a peak of close to one-third (30%) of the population in the late 90s.


Joint government-UN analysis of 2007 survey data found that 7.1 percent of the population was food deprived; this dropped to 5.7 percent in 2011, according to the Iraq Knowledge Network (IKN) survey.

Source: IRIN (Integrated Regional Information Networks) – the humanitarian news source.

Water in Iraq

Iraq-FlagAccording to a 2012 UNICEF report, 91 percent of the population has access to potable water with significant differences among governorates and between urban and rural areas. For example, in rural areas, only 77 percent of the population has access to improved drinking water sources compared to 98 percent in urban areas.
6.2 percent of the population does not use an improved sanitation facility.