The financial aid of over $2 billion is aiming to stabilize the situation in Iraq and to improve the humanitarian situation, especially in newly liberated from IS districts. The main group of recipients are the over than 3.3 million of internally displaced people. US are co-hosting the conference in Washington. The State Department officially stated on Monday: "we believe that we are going to hit that target of $2 billion on Wednesday." There are 24 donor countries, and co-hosting sides are also: Canada, Germany, Japan, Kuwait and the Netherlands.

Andrade was appointed in February 2015 to lead the government investigation known as “Casa Blanca”. He announced his resignation on Monday, hours before Mexico’s President Enrique Pena Nieto signed new graft-fighting legislation. Virgilio Andrade said in a televised statement, “I decided to present today to the president of Mexico my resignation as secretary of the public functions secretariat, so that the federal executive can fully comply with the constitutional mandate to count on, within the National Anti-corruption System, a secretary of the public function secretariat appointed and ratified by the senate."

After 32 years Moroccan officials have formally announced its aim to become a member of African Union once again. This serious declaration was revealed during the latest African Union Summit which has taken place in Rwanda. The Moroccan King Mohammed VI said this is the right time for Morocco to regain its place within its institutional, geographical-related family. Morocco left the African Union in 1984 after recognition the Western Sahara by organisation’s members. Morocco maintains that Western Sahara, a former Spanish colony, is an integral part of the country even though local Sahrawi people have long campaigned for the right to self-determination. This is the main reason of negotiation stalemate which has lasted for more than three decades. Morocco has occupied the Western Sahara since 1975. The international community doesn’t recognize this move. UN Secretary General Ban Ki-moon even uses the term "occupation" to describe the current status of the territory.

The documents which AP has released recently once again brought back the feelings of the days in which western countries were talking about the danger of Iran’s nuclear program. According to this documents Iran will start to enrich uranium before the 15-year accord expires. The document shows that there was an add-on agreement to the nuclear deal which can increase Tehran’s ability to build a bomb even before the end of the pact and in less than six months. Iran’s foreign minister, Dr. Zarif, not only didn't refuse the report but also claims that the report is showing the power of Iranian negotiators and the strength of Iran’s nuclear program. The document is the only text linked to the last year’s Iran and six foreign powers which never has been made public. AP got the information from a diplomat who work on Iran’s nuclear program for more than a decade.

According to a recent survey conducted by Bloomberg, most common opinion among experts is that Russia has a chance to implement necessary structural reforms at a price of $ 40 per barrel of oil. Moreover, specialists point out that this price is yet low enough to make the structural corrects bound to happen, and at the same time high enough to secure Russian financial market from collapsing. Fortunately for Russia, the recent claim of the US Energy Information Administration raised its 2016 and 2017 forecasts for WTI and Brent crude prices. .In its monthly energy outlook report, the government agency forecast an average price of $ 43.57 a barrel for WTI this year, in contrary to the previous estimation of $ 42.83. Brent crude is seen averaging $ 43.73 this year, up from the $ 43.03 June forecast. For 2017, the EIA sees an average of $ 52.15 for both WTI and Brent. The EIA left its US oil production estimates for 2016 and 2017 at 8.6 million barrels a day and 8.19 million barrels a day, respectively. August WTI crude traded at $ 46.59 a barrel, up $ 1.83, or 4.1%.

The United Nations Conference on Trade and Development (UNCTAD) is a subsidiary organ of the United Nations General Assembly, established in 1964 to promote trade, investment, and growth in producing states. The Conference includes high-level round tables on key issues in the international economic debate. Informal thematic side events are also held with the aim to promote interactive discussions on development issues. The assemblies are split up in 5 shares, that hold on from 17 July to 21 July in Nairobi. First: 17th-20th July 2016 - World Leaders Summit and the 5th World Investment Forum. The second: 15th-16th July 2016 - 7th Commodities Forum. The third 15th-17th July 2016 - Civil Society Forum. The fourth 15th-17th July 2016 - Regional Group Meetings G77 Ministerial meeting. Final meeting: 19th-21st July 2016 - Youth Forum.