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Iraq an economic Study
Ms Sans Serif
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[quote:ReVbo™:MV8xNzI0NTM4XzMzOTQ2Nzc0X0I5OTBBQzM4] Check out Shabibi's response to his ouster in his first statement since it happened. He doesn't seem too upset by what's happened to him. This, along with Saleh's lackluster defense, the complete lack of response from the major players in Iraq and our own administration, and the World Bank, a couple days ago, saying, basically, "We like Shabibi, but if you're going to replace him, just be careful about it," makes one wonder if everybody in Iraq, and outside Iraq, is not on board with this new turn of events. http://translate.google.com/translate?langpair=auto|en&u=http%3A%2F%2Fwww.chakooch.com%2Fnews_view_859.html On: Wednesday 10/17/2012 01:40 pm BAGHDAD - Alaa Mousa He Central Bank Governor Sinan al-Shabibi news that talked about his dismissal, Blur, calling Prime Minister Nuri al-Maliki to prudence in decision-making and make the interests of Iraq above all levels ... Shabibi said who has been in office since 2003, said in contact with AFP from Tokyo after news of his dismissal: "I do not know anything about it and, God willing, there will be no arrest warrants." Noting that he met on his way to attend an important conference Iyad Allawi, raising doubts as to the Prime Minister, He added: "The political situation is relatively stable in Iraq and the surrounding area has created a great demand for the dollar which led to a rise in the currency exchange rate recently," he said, referring especially to Iran and Syria and the sanctions imposed on these countries. And witnessed the exchange rate of the dollar in April its highest level against the dinar since nearly four years in the local markets, a 1320 dinars per dollar, after it was steady at 1230 dinars to the dollar. And the Iraqi government designated a new interim conservative central bank to replace the current governor suspended his order of the court. [/quote]
Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk
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