City of Erbil defending against both military and economic threats

Global Business

The ancient 6,000 year old Citadel sits proudly in the heart of Erbil, as trade circles around it and people bustle by.

The smell of spices mix with the soft tumbling sound of the impressive city center fountains in the air. During summer months, the center typically attracts tourists from around the world who come to see the citadel and mingle around the cool air of the fountains, eating ice cream and enjoying the unique culture of Erbil. This year however, instead of tourists, hotels are filled with refugees, and on the streets, the Kurdish Peshmerga army is highly visible, patrolling every corner of the city. Sean Callebs reports.

For more on the economic impact of military threats in northern Iraq, energy analyst Antonia Juhasz joined CCTV America.