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Topic: Economy of Iraq



  
 CNN.com - Iraq economy shrinking, despite oil - August 23, 2002
Yet Iraq remains hugely important to the health of the global economy because of its key geo-political asset: more than 112 billion barrels of oil.
A decade of economic sanctions against Saddam Hussein's regime since the 1991 Gulf War has left Iraq's oil-producing infrastructure in poor shape, according to U.S. government estimates.
That is the world's second largest proven reserves, behind Saudi Arabia, according to the U.S. Department of Energy.
http://archives.cnn.com/2002/BUSINESS/asia/08/23/iraq.oil.biz

  
 NewsHour Online: Economy
Officials blamed the war in Iraq and the weak economy.
December 31, 1997 --The Global Economy 1997 has been another big year for the U.S. economy, but the crisis in Asia has cast a shadow over the end-of-the-year festivities.
December 19, 2000 -- Economy In Transition Experts discuss the politics of the slowing economy.
http://www.pbs.org/newshour/bb/economy/economy.html

  
 GeographyIQ - World Atlas - Middle East - Iraq - Economy
The Iran-Iraq war depleted Iraq's foreign exchange reserves, devastated its economy, and left the country saddled with a foreign debt of more than $40 billion.
World > Middle East > Iraq> Economy (Notes)
GeographyIQ - World Atlas - Middle East - Iraq - Economy
http://www.geographyiq.com/countries/iz/Iraq_economy_summary.htm

  
 Maybe it's not the economy, stupid - Sep. 26, 2003
"Data suggest that, among other things, it's the change in the economy in the year of election that gets a fairly big weight," Fair said.
The economy may not be as much of a problem for Bush 43 as it was for Bush 41, some economists say.
What's more, the consensus view of the economy's path seems to favor Bush, with economists in the latest Philadelphia Federal Reserve survey expecting GDP growth to average at least 3.7 percent in 2004, following two quarters of expected strong growth at the end of 2003.
http://money.cnn.com/2003/09/26/news/economy/bush_reelect?cnn=yes

  
 PortAl Iraq - Iraqi Dinar, Iraq Business News, and Iraq Jobs Opportunities
The U.S. Department of State's release of the first presidential report to Congress detailing progress in Iraq shows that Iraq's economy nearly doubled from 2002 to 2005.
The Government of Iraq announced April 3 that a total of $18.4 billion of commercial claims against Iraq have been settled over the past eight months as part of the government's program to address the debt stock accumulated by the Saddam regime.
Polish troops to remain in Iraq until end of year: foreign minister
http://www.portaliraq.com   (432 words)

  
 Iraq
Following the 2003 invasion of Iraq the economy has to a great extent shut down and attempts are underway to revive it from the damages of the war and rampant crime.
Iraq's economy is dominated by the oil sector, which has traditionally provided about 95% of foreign exchange earnings.
From 1979 to 2003, Iraq was under Ba'ath Party rule, under the leadership of President Saddam Hussein.
http://united-states.asinah.net/american-encyclopedia/wikipedia/i/ir/iraq.html   (432 words)

  
 Iraq Update - US Department of State
Iraq's economy nearly doubled from 2002 to 2005, despite disruptions from terrorists and insurgents, the State Department said in its first presidential report to Congress detailing progress in Iraq in the areas of politics, economics and security.
State Department Issues Report Detailing Progress in Iraq
Khalilzad says U.S., Iraq developing plan for demobilizing militias
http://usinfo.state.gov/mena/middle_east_north_africa/iraq.html   (460 words)

  
 Iraq Crisis - Global Policy Forum
Though Saddam Hussein did not use weapons of mass destruction nor set fire to Iraq's oil fields nor attack Israel with rockets, and though the conflict was relatively short, the war has had many serious results ranging from death and destruction in Iraq to regional instability to a weakened world economy.
This section considers a wide range of developments in post-war Iraq, including Iraq's reconstruction, Washington's military occupation rule, and an emerging UN role in post-war Iraq.
Iraqs humanitarian crisis reflects the ravages of war, thirteen years of punishing economic sanctions and domestic repression by the government of Saddam Hussein.
http://www.globalpolicy.org/security/issues/irqindx.htm   (460 words)

  
 Iraq sanctions - Wikipedia, the free encyclopedia
The sanctions crippled the Iraqi economy during the time they were imposed; much of Iraq’s infrastructure ran into disrepair from lack of materials and Iraq's capacity for aggression was all but destroyed.
Critics of the sanctions say that hundreds of thousands of Iraqis, disproportionately children, died as a result of them, [2] although certain skeptics claim the numbers to be less.
The initial purpose of the sanctions, and of all diplomatic sanctions, was to force Iraq's hand in cooperation with the United Nations and possibly cause a change in its previously aggressive foreign policy and abuses of human rights.
http://en.wikipedia.org/wiki/Iraq_sanctions   (1128 words)

  
 Iraq - Global Policy Forum
Crushing debts burden the country, its economy has collapsed and some of the world's richest countries and corporations are demanding war reparations from ordinary Iraqis for crimes committed by their former dictator Saddam Hussein.
Though Saddam Hussein did not use weapons of mass destruction nor set fire to Iraq's oil fields nor attack Israel with rockets, and though the conflict was relatively short, the war has had many serious results ranging from death and destruction in Iraq to regional instability to a weakened world economy.
Post-war reports on Iraq by the big media companies have continued in an uncritical vein, with positive reports about the occupation and negative coverage of Iraqi opposition.
http://www.globalpolicy.org/security/issues/irqindx.htm   (1395 words)

  
 Encyclopedia: Iraq
Following the 2003 invasion of Iraq, the economy to a great extent shut down; attempts are underway to revive it from the damages of war and rampant crime.
Occupation zones in Iraq as of September 2003 The post-invasion period in Iraq followed the 2003 invasion of Iraq by a multinational coalition led by the United States, which overthrew the Baath Party government of Saddam Hussein.
Between 75-80% of Iraq's population consists of Arabic speakers (mainly Iraqi but some Hejazi); the other major ethnic groups are the Kurds (15-20%), Assyrians (4%), and Turkomans (3%) who mostly live in the north and north-east of the country.
http://www.nationmaster.com/encyclopedia/Iraq   (9343 words)

  
 :::BIZ:::IGCCO:::IRAQCD
is containing some parts of Iraq history, Economy,
Governments, Communications, Transportation, Military, Ancient History, The Hanging Gardens of Babylon, The Code of Hammurabi, The Recent History of Iraq, Rulers Of Iraq, Geography, The Chronology of Mesopotamia, Iraqi Flags,currency,stamps and more than 5000 photos of Iraq.
will be Wars of Iraq with new Iraq and it is coming soon.
http://biz.igcco.com/iraqcd.shtml   (115 words)

  
 Iraq - Wikipedia, the free encyclopedia
Following the 2003 invasion of Iraq, the economy has to a great extent shut down and attempts are underway to revive it from the damages of the war and rampant crime.
Although government policies supporting large military and internal security forces and allocating resources to key supporters of the Ba`ath Party government have hurt the economy, implementation of the United Nations' oil-for-food program, started in December 1996, was to have improved conditions for the average Iraqi citizen.
Between 75-80% of Iraq's population consists of Arabic speakers (mainly Iraqi but some Hejazi); the other major ethnic groups are the Kurds (15-20%), and Turkomans (3%) who live in the north and north-east of the country.
http://en.wikipedia.org/wiki/Iraq   (115 words)

  
 Iraq Sanctions Case
Currently, in Iraq, water and sanitation services are said to be in a critical state of disrepair.
Sanctions, as a result of Iraqi compliance were to be loosened.(5) *A few days before delivery of U.N.S.C.O.M.'s report in October, Iraqi troop movements prompted a new Gulf crisis.
Furthermore, sanctions have not forced Saddam Hussein to change his sanctioned actions: He continues to drain the southern marshes, conducts chemical warfare on Iraqis, continues to threaten the safety of Kurds and Shiites, and continues to threaten the territorial autonomy of his neighbors.
http://www.american.edu/projects/mandala/TED/iraqsanc.htm   (3545 words)

  
 Iraq - GrokPedia Encyclopedia
Following the 2003 invasion of Iraq the economy has to a great extent shut down and attempts are underway to revive it from the damages of the war and rampant crime.
Iraq's economy is dominated by the oil sector, which has traditionally provided about 95% of foreign exchange earnings.
Following Iraq's occupation of Kuwait in 1990, and the subsequent expulsion by international troops, Iraq was internationally isolated until the spring of 2003, when the United States, United Kingdom, Spain, Australia, Denmark and Poland controversially invaded Iraq and removed the Ba'ath Party from leadership.
http://www.grokpedia.com/en/i/ir/Iraq.htm   (3545 words)

  
 Revisited - The Real Reasons for the Upcoming War in Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth, by William Clark, updated: Jan 2004
Aside from the Iraq debacle, the CIA may be distraught at the apparently politically motivated "outing" of Valerie Plume, a covert CIA agent whose expertise was in the field of reducing the proliferation of the WMD.
Regardless of whatever Dr. Blix finds or does not find in Iraq regarding WMD, it appears that President Bush is determined to pursue his `pre-emptive' imperialist war to secure a large portion of the earth's remaining hydrocarbons, and ultimately use Iraq's underutilized oil to destroy the OPEC cartel.
Iraq actually made this switch in Nov. 2000 (when the euro was worth around 82 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro.
http://www.ratical.org/ratville/CAH/RRiraqWar.html   (18063 words)

  
 Effects of Sanctions - Global Issues
However, as a critique from the National Network to End the War Against Iraq says, “smart sanctions are still sanctions.” They point out that the purpose of sanctions would not be to redirect funds to rebuild the economy and that the civilians would still remain affected by sanctions policies.
The policy of sanctions has also been used to pursue political goals — for example, the removal of the Iraqi regime — beyond the overt scope of Resolution 687, which contained no prescriptions regarding Iraq’s form of government or the conduct of domestic policy.
Iraq had reached a stage where the basic indicators we use to measure the overall well-being of human beings, including children, were some of the best in the world.
http://www.globalissues.org/Geopolitics/MiddleEast/Iraq/Sanctions.asp   (5023 words)

  
 Middle East Report Online: How the Sanctions Hurt Iraq , by Colin Rowat
[13] Even without the remaining claims, Iraq's debt is 380 percent of its GDP [14], surpassed only by Mozambique in the World Bank's ranking (which excludes Iraq).
Another confound is Iraqi government interest in overstating its foreign liabilities: these data were presented to support the Iraqi government's claim that Iraq's economy was unable to both service its debt and meet basic humanitarian needs within Iraq.
Since concerns about the sanctions often center on their harm to Iraqi civilians, the economic and humanitarian implications of the new proposals must be considered.
http://www.merip.org/mero/mero080201.html   (2458 words)

  
 Iraq - encyclopedia article about Iraq.
Following the 2003 invasion of Iraq, the economy has to a great extent shut down and attempts are underway to revive it from the damages of the war and rampant crime.
Although government policies supporting large military and internal security forces and allocating resources to key supporters of the Ba`ath Party government have hurt the economy, implementation of the United Nations' oil-for-food program started in December 1996 was to have improved conditions for the average Iraqi citizen.
Main article: Politics of Iraq From 1979 to 2003, Iraq was under Ba'ath Party rule, under the leadership of president Saddam Hussein.
http://encyclopedia.thefreedictionary.com/Iraq   (4111 words)

  
 Arbil: Definition and Much More From Answers.com
The region's economy is largely agricultural with some oil production and was badly affected by the conflict between Saddam Hussein and the Iraqi Kurds, although smuggling in defiance of the United Nations sanctions regime enabled many locals to keep afloat and even to prosper in some cases.
Arbīl (أربيل, also transliterated as Irbil or Erbil) is one of the provinces of Iraq.
This article is about the province of Iraq.
http://www.answers.com/topic/arbil   (4111 words)

  
 Iraq - Global Policy Forum
Crushing debts burden the country, its economy has collapsed and some of the world's richest countries and corporations are demanding war reparations from ordinary Iraqis for crimes committed by their former dictator Saddam Hussein.
Though Saddam Hussein did not use weapons of mass destruction nor set fire to Iraq's oil fields nor attack Israel with rockets, and though the conflict was relatively short, the war has had many serious results ranging from death and destruction in Iraq to regional instability to a weakened world economy.
Post-war reports on Iraq by the big media companies have continued in an uncritical vein, with positive reports about the occupation and negative coverage of Iraqi opposition.
http://www.globalpolicy.org/security/issues/irqindx.htm   (1395 words)

  
 Iraq Economy economy money currency trade oil petroleum economy agriculture dates economic debt fish livestock date economy
Virtually all sectors of the economy suffered as a result of Iraq's war with Iran during the 1980s, which left Iraq with a foreign debt exceeding $75 billion, much of it owed to Kuwait and Saudi Arabia.
The economy was further devastated by the trade embargo imposed by the United Nations (UN) after the invasion of Kuwait in 1990 and by the Persian Gulf War in 1991.
All banks in Iraq were nationalized in 1964.
http://www.geocities.com/iraqinfo/sum/economy.html   (775 words)

  
 Iraq: History
The city is destroyed, citizens are massacred, and the Caliph executed: The Caliphate is over, and the economy of Iraq is destroyed for centuries.
Iraq was divided into small independent regions, and even Baghdad was split, and fights destroyed the economy of the region for decades up to the change of the millennium.
July 15: A new government is proclaimed, and the Arab Union with Jordan is declared dissolved, and Iraq is to work for close relations with the United Arab Republic, which was established by Egypt and Syria earlier this year.
http://i-cias.com/e.o/iraq_5.htm   (2115 words)

  
 Iraq - Wikipedia, the free encyclopedia
Following the 2003 invasion of Iraq, the economy to a great extent shut down; attempts are underway to revive it from the damages of war and rampant crime.
Between 75-80% of Iraq's population consists of Arabic speakers (mainly Iraqi but some Hejazi); the other major ethnic groups are the Kurds (15-20%), Assyrians (4%), and Turkomans (3%) who mostly live in the north and north-east of the country.
Iraq is considered to be one of the fifteen lands that comprise the so-called "Cradle of Humanity".
http://en.wikipedia.org/wiki/Iraq   (2115 words)

  
 Economic and Financial Reconstruction in Iraq
The United States and its coalition partners are working with the Iraqis in a massive effort to revive their economy after decades of mismanagement, corruption, war and sanctions.
The CPA successfully introduced a unified, reliable new currency, the Iraqi dinar, between October and January, which is helping to promote commerce and unite the Iraqi economy.
One key to the successful reconstruction of Iraq is to secure a multilateral debt reduction arrangement that the new Iraqi government could ratify after the political transition.
http://www.state.gov/e/eb/rls/rm/29288.htm   (2405 words)

  
 What If the United States Had Not Invaded Iraq - article by Daniel Pipes
U.S. security would be endangered so long as a megalomaniac ruled Iraq with the means to build and the will to use weapons of mass destruction.
The shaky economy, car bombs and ethnic unrest that Iraqis face today are far lesser evils compared with the poverty, injustice, brutality and barbarism that was their fate between 1979 and 2003.
Effect of Iraq war on Egypt and Lebanon
http://www.danielpipes.org/article/2923   (642 words)

  
 Iraq - Global Policy Forum
Crushing debts burden the country, its economy has collapsed and some of the world's richest countries and corporations are demanding war reparations from ordinary Iraqis for crimes committed by their former dictator Saddam Hussein.
Though Saddam Hussein did not use weapons of mass destruction nor set fire to Iraq's oil fields nor attack Israel with rockets, and though the conflict was relatively short, the war has had many serious results ranging from death and destruction in Iraq to regional instability to a weakened world economy.
Post-war reports on Iraq by the big media companies have continued in an uncritical vein, with positive reports about the occupation and negative coverage of Iraqi opposition.
http://www.globalpolicy.org/security/issues/irqindx.htm   (1395 words)

  
 Iraq - Wikipedia, the free encyclopedia
Following the 2003 invasion of Iraq, the economy to a great extent shut down; attempts are underway to revive it from the damages of war and rampant crime.
On October 15, 2005, the people of Iraq approved a new Constitution of Iraq in a referendum, which while receiving an overwhelming 79% "yes" vote, was opposed by a large majority of Sunni Arab Iraqis.
Between 75-80% of Iraq's population consists of Arabic speakers (mainly Iraqi but some Hejazi); the other major ethnic groups are the Kurds (15-20%), Assyrians (4%), and Turkomans (3%) who mostly live in the north and north-east of the country.
http://en.wikipedia.org/wiki/Iraq   (2677 words)

  
 Iraq
Following the 2003 invasion of Iraq the economy has to a great extent shut down and attempts are underway to revive it from the damages of the war and rampant crime.
Iraq's economy is dominated by the oil sector, which has traditionally provided about 95% of foreign exchange earnings.
Although government policies supporting large military and internal security forces and allocating resources to key supporters of the regime have hurt the economy, implementation of the United Nations ' oil-for-food programme in December 1996 has helped improve conditions for the average Iraqi citizen.
http://www.fastload.org/ir/Iraq.html   (2677 words)

  
 Al-Ahram Weekly Iraq under occupation
The way the US decides to structure Iraq's economy will be decisive to the evolution of its political economy, John Sfakianakis writes
Fallout from the US occupation of Iraq and the imperative to "democratise" continued to dominate the Arab press this week, finds Amina Elbendary
The UN boosted its aid deliveries to Iraq, bringing 100 trucks of food from Turkey and opening up a new supply route via Jordan...
http://weekly.ahram.org.eg/2003/635/special.htm   (2677 words)

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