Iraq's daily death toll keeps a lot of people working
MSNBC/Newsweek
04/20/06
The outlook for Iraq's economy is grim. Oil production has fallen to prewar levels. With foreign investors scared off by political instability and a climate of violence that produces about 70 attacks a day, private investment has stagnated. Local businesses keep shorter hours, while wealthy businessmen are regularly targeted for kidnapping. Electricity levels have dropped to the same as they were three years ago, frustrating ordinary Iraqis and hampering new development projects. The main reason for these troubles: insurgents and unchecked militias have done a good job of driving Iraq's economy to a near halt. Well, almost. One sector of the economy has been quietly expanding since the March 2003 invasion -- the so-called death industry...
http://msnbc.msn.com/id/12392859/site/newsweek/
Informant: Thomas L. Knapp
04/20/06
The outlook for Iraq's economy is grim. Oil production has fallen to prewar levels. With foreign investors scared off by political instability and a climate of violence that produces about 70 attacks a day, private investment has stagnated. Local businesses keep shorter hours, while wealthy businessmen are regularly targeted for kidnapping. Electricity levels have dropped to the same as they were three years ago, frustrating ordinary Iraqis and hampering new development projects. The main reason for these troubles: insurgents and unchecked militias have done a good job of driving Iraq's economy to a near halt. Well, almost. One sector of the economy has been quietly expanding since the March 2003 invasion -- the so-called death industry...
http://msnbc.msn.com/id/12392859/site/newsweek/
Informant: Thomas L. Knapp
rudkla - 21. Apr, 16:08
