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Episode details

World Service,30 Oct 2014,18 mins

Iraq: The Economic Cost of ISIS

Business Daily

Available for over a year

The Islamic State's occupation of the oil-rich north and its bombings in Baghdad are exacting a heavy toll on the Iraq's businesses and economy, but not on the oil price. Andrew Hosken reports from the Iraqi capital on how businessmen there have come to cope with car bombs, while back in the studio presenter Tanya Beckett asks oil analyst Keith Myers of Richmond Energy Partners why the price of crude has been falling, despite the violence. Also in the programme, Jeremy Wagstaff warns us of the many companies who covertly harvest data from our mobile phones.

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