8 'Nusra' Militants Killed in Russian Strikes Northwest Syria

Smoke rises after a Russian raid on the outskirts of Idlib - DPA
Smoke rises after a Russian raid on the outskirts of Idlib - DPA
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8 'Nusra' Militants Killed in Russian Strikes Northwest Syria

Smoke rises after a Russian raid on the outskirts of Idlib - DPA
Smoke rises after a Russian raid on the outskirts of Idlib - DPA

At least eight fighters were killed in Russian air strikes early Monday targeting a military base belonging to Hayat Tahrir al-Sham (HTS), commonly referred to as Nusra Front, in Syria's northwest, a war monitor said.

"Russian warplanes carried out air strikes on the western outskirts of Idlib city, targeting a military base belonging to Hayat Tahrir al-Sham (HTS)... killing at least eight fighters," said Rami Abdel Rahman, who heads the Syrian Observatory for Human Rights.

The militant group HTS, led by Syria's former Al-Qaeda affiliate, controls swathes of Idlib province, parts of which form the last bastions of armed opposition to President Bashar al-Assad's rule.

An AFP correspondent at the site said the strikes, which came shortly after midnight, targeted an area on the outskirts of Idlib city near swimming pools.

Syria's civil war broke out in 2011 after the government's repression of peaceful demonstrations escalated into a deadly conflict that pulled in foreign powers and global militants.

The war has killed more than half a million people and displaced millions.

The opposition-held Idlib region is home to about three million people, around half of them displaced from other parts of the country.



Iraq Faces 2025 Fiscal Squeeze Amid Oil Price Decline, Adviser to PM Says 

A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq, July 5, 2022. (Reuters)
A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq, July 5, 2022. (Reuters)
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Iraq Faces 2025 Fiscal Squeeze Amid Oil Price Decline, Adviser to PM Says 

A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq, July 5, 2022. (Reuters)
A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq, July 5, 2022. (Reuters)

Iraq faces a budget crunch in 2025 due to the slump in the price of oil, the overwhelming source of government revenue, a top economic adviser to Prime Minister Mohammed Shia al-Sudani said.

"We don't anticipate major problems in 2024, but we need stricter financial discipline for 2025," Mudher Saleh told Reuters in an interview late on Monday.

Iraq, OPEC's second-largest producer, is heavily dependent on oil revenues. The hydrocarbons sector accounts for the vast majority of export earnings and some 90% of state revenue.

This huge reliance on oil makes Iraq particularly vulnerable to fluctuations in global crude prices.

Still, Iraq increased its budget in 2024 even after record spending in 2023, when more than half a million additional employees were hired into the already-bloated public sector and a capital-intensive nationwide infrastructure revamp began.

The 2024 budget rose to 211 trillion dinars ($161 billion) from 199 trillion dinars ($153 billion) in 2023, maintaining a projected deficit of 64 trillion dinars, Saleh said.

The budget assumes an oil price of $70 per barrel in 2024, around $6 less than the likely average price this year.

Saleh said that paying salaries and pensions on time remain a top priority. They account for 90 trillion dinars ($69 billion), or over 40% of the budget, and are a key factor of social stability in Iraq.

"The government will pay salaries even if it costs everything. Salaries are holy in Iraq," he said.

Infrastructure development, meanwhile, could be refocused on the most strategic projects - such as key road and bridge works in the capital Baghdad - if the state finds itself in a financial crunch, he said.

To bolster finances, Iraq is focusing on increasing non-oil revenues through improved tax collection but is not exploring any new levies, Saleh said.

He estimated that Iraq loses up to $10 billion annually due to tax evasion and customs-related problems.

Concerns for the 2025 budget reflect a challenging global oil market. Oil prices have been on a downward trend since mid-2022, with Brent crude, the international benchmark, falling from over $120 per barrel to below $75 in recent days.

This decline is largely attributed to weakening global demand, particularly from China, the world's largest oil importer, as its economic growth slows down.