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Tim Mak
@timkmak@journa.host  ·  activity timestamp 17 hours ago

But every #drone launched by #Iranian-backed militias targeting U.S. facilities might as well be a bullet to his bank account. His business has come to a standstill thanks to the war next door in Iran.
"Now our profit is zero," he says glumly. "I've lost a lot of money."

Tim Mak
@timkmak@journa.host replied  ·  activity timestamp 17 hours ago

Three weeks into the war, the economy of #Iraqi #Kurdistan, a relative island of stability in a turbulent region since the Iraq #War, is reeling. Across Erbil, merchants and #businessmen say the war is freezing the economy, shutting airports, draining #dollars and leaving a region that depends on foreign investment cut off from the outside world.

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