A worker adjusts the valve of an oil pipe at West Qurna oilfield in Iraq's southern province of Basra in this November 28, 2010 file photo.REUTERS/Atef Hassan/Files
The Independent: Is it Isis or the economy that will ruin Iraq?
Jihad is still a threat to the people of Baghdad, but lack of oil revenue is inducing near-panic
Islamic State prepares its murderous bombings with chilling care and attention to detail. Several months ago, the Iraqi security forces discovered a plan to bomb al-Khadamiya, an ancient quarter of Baghdad at the centre of which is one of the holiest Shia shrines. Isis operatives first spent a month watching the checkpoints protecting the district, looking for weaknesses. Then they sent a woman through the checkpoint they had chosen as the most vulnerable, to look at it more closely but without carrying explosives. Soon afterwards she was sent again, but this time carrying a child’s toy under her robes. Nobody stopped or questioned her, so Isis had her do the same journey, but this time with a much bulkier toy which the security men at this checkpoint should have noticed but did not.
Read more ....
Update #1: Falling oil prices have Iraq teetering (Washington Post)
Update #2: War, plunging oil prices send Iraq's economy into crisis (AP)
Update #3: How to overcome Iraq’s economic crisis (Al-Monitor)
WNU Editor: For Iraq's economy .... low oil prices, the war, corruption .... they are facing the perfect storm.
1 comment:
FDR was smart enough, just barely, to end his domestic war against private enterprise to go all in against the Axis.
The liberal strain has become more inbred since then.
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