Thursday, July 24, 2008

Iraq After the ‘Surge’ -- Iraq Is Entering A Murky Interregnum Period.

This is 'Peace': Kids swim in a bomb crater

Another Newsweek article on Iraq:

To see what peace looks like in Baghdad, go to the Karrada district. At dusk, Iraqi families picnic in a thin stretch of park recently built on the banks of the Tigris River. A couple of blocks away, along lively Sadoun Street, sidewalk restaurants flame-roast chickens on long spits and a crowd of teenagers spills out of a bright new juice shop. The al-Shamari family returned to Karrada from Damascus a year ago, and they say there haven't been any sectarian killings for a couple of months. But they don't want their real name used, for safety's sake. Their street is cordoned off by barbed wire and one of the low concrete barriers that are scattered across Baghdad like a child's spilled Lego blocks. In one corner of their manicured backyard they've dug a well to get water. They have a computer and a TV, but only two hours of city-provided electricity a day. And Karrada is probably the best-off neighborhood in Baghdad.

Read more ....

My Comment: It is refreshing to finally see the main stream media talk about the changes in Iraq. Better late than never.

I have a prediction .... within two to three years Iraq will have an economy that is expanding second to none. Iraq oil production will double and prices for futures contracts on oil will decrease. This change in oil prices will have a pronounced effect on geopolitics. The power and influence of countries like Iran and Venezuela will be profoundly effected by this price drop, and for developing countries this will help them adjust to their energy dependence.

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