New President And PM-Designate Spark Unrest Concerns In Iraq

Iraq, OPEC’s second-largest producer, elected a new president on Thursday after months of political deadlock, protests and violent clashes among various militias both in Baghdad’s Green Zone and oil-rich Basra. Iraqi lawmakers elected Kurdish politician Abdul Latif Rashid as the country’s new president following two rounds of voting in parliament against the backdrop of rocket attacks. Rashid won 160 votes, defeating another Kurdish politician, Barham Saleh, who won 99 votes, according to Al Jazeera. While parliament was in session,…