Iraq Economy

DOGS THAT BARK

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Jul 13, 1999
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Huge Economic Growth

What country has seen a growth in its gross domestic project of 17 percent last year ? and an estimated 13 percent this year? An increase in the number of registered companies of more than 400 percent and in salaries by 100 percent in three years? The answer ? Iraq.

Newsweek magazine reports the economy in Iraq is "booming." And Newsweek acknowledges that this is getting little or no media exposure ? writing ? "there's a vibrancy at the grass roots that is invisible in most international coverage of Iraq." Speaking of Iraq ? hundreds of people are lining up for what is becoming the hottest job opening in that country ? executioner for Saddam Hussein. The Ledger reports people have sent messages through cabinet officials, government guards and clerical workers begging for the job. An advisor to Prime Minister Nouri al-Maliki says picking a hangman will be very difficult "because so many people want revenge for the loss of their loved ones."
 

Chadman

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Apr 2, 2000
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How much of that one year growth in domestic product is oil, and the profits of that goes to international companies that were given control of those reserves?

How many registered companies have gone under in the past couple of years, and were replaced by other new ones?

How many of these registered companies are contractors, sub-contractors, etc., that came in to reconstruct and rebuild the country?

I don't know, just asking...usually two sides to most stories like this, as you usually point out
 

djv

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Nov 4, 2000
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0 up to 17 almost = 0. It was said most of this came from the Kurd area. Did it get reported that way. Kurds 10% rest of country chit.
 
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