Iraq's oil auction hits the jackpot
Russia and China were the big winners in the latest auction of Iraq's oil rights, as was the government of Prime Minister Nuri al-Maliki; United States companies were conspicuous by their absence. If the oil starts to flow as now promised, the next few years should see the rise of a relatively wealthy, Shi'ite-controlled Iraq, friendly with Iran and Lebanon's Hezbollah. Does this make Maliki the new Saddam Hussein? - Pepe Escobar (Dec 15, '09)
http://www.atimes.com/atimes/Middle_East/KL16Ak02.html
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