It is known to the world that the Kurdistan Region in Iraq is facing daunting problems, as its combats the currently largest global terrorist threat, the self-proclaimed Islamic State, or ISIS. The courage of the Peshmerga, the Kurdistan army that halted ISIS' advancement two years ago, and which keeps counting victories over this vicious terrorist group, has entered world history. Add to that the fact that these brave men and women are fighting with old weapons, unlike ISIS fighters, who confiscated modern and heavy weaponry from the Iraqi army that the U.S. provided.
Fearing the threat of ISIS and political instability, investors and foreign companies left Kurdistan, which had a sizeable impact on the region's economic development. In addition, since February 2014, the Iraqi central government stopped paying its financial obligations to Kurdistan, all while more...
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