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Saturday, December 23, 2006

The Play For The Resources In Iraq

Original Story

The Race for Iraq's Resources
    By Joshua Gallu
    Der Spiegel  December 22, 2006

  The Iraqi government is considering a new oil law that could give private oil companies greater control over its vast reserves. In light of rampant violence and shaky democratic institutions, many fear the law is being pushed through hastily by special interests behind closed doors.

  Oil. The world economy's thick elixir yields politics as murky and combustible as the crude itself. And no wonder. It brings together some awkward bedfellows: It's where multinationals meet villagers, where executives meet environmentalists, where vast wealth meets deep poverty, where East meets West.  More Here

 

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