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Reasons to Stay in Iraq
By Candis Reade
Iraq has always been the hub of the Middle Eastern country politics. The reason to stay in Iraq is quite easy to decipher. Not only it is important strategically from a nuclear point of view but also its stability means a lot to the peace of the world overall.
As we are aware that when Iraq was engaged in a fierce battle with Iran (for about ten years on an average), the President Saddam Hussein had all the funds of the country directed to the development of the defense arsenal. He and his sons not only amassed billions via selling of oil to the world, but also started stockpiling weapons of mass destruction. This was the main reason behind the United States of America declaring war on Iraq. Even after the war was over, there were reports of political instability which was a good enough reason to stay in Iraq till the new regime started functioning well.
Another good reason to stay in Iraq was the weak Saudi Arabia where retraction of troops would have meant some another form of retaliation by the hidden anti social Iraqi elements. Saudi Arabia shall always be a high target on the elimination list of religious fundamentalists. This is because it allowed the US President Bush to set up his base on the soil exposing all the strategic defense locations of Iraq for the missile attacks that weakened and exposed the strong defense of Iraq to the American missile attack during the war.
How Iraq's Booming Oil Trade Affects the Dinar
By Dan Carlson
Iraq is continuing to show how focused they are on their oil trade. Huge amounts of foreign investments are coming into support Iraq's oil trade. By 2011, Iraq is planning to increase its oil exports from 2.6 million barrels per day to 3.6 million barrels per day. The biggest challenge Iraq faces is to quickly build the infrastructure necessary to support the increased productivity. A good problem to have. The great demand for infrastructure and security will increase the number of jobs created. Iraq reported a 15% unemployment rate, but its oil industry is looking to significantly reduce that rate.
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