Market Commentary and Intraday News
A full seven months after the election, the Shiite-led coalition of Prime Minister Nouri al-Maliki now appears close to cobbling together a parliament majority to start forming a new Cabinet. But the Sunni-backed bloc that actually placed first in the balloting _ yet short of the crucial majority grip among lawmakers _ has vowed to oppose al-Maliki every step of the way.
Even if al-Maliki gets control of parliament, the fights over key posts could drag on for weeks or months.
One major worry for U.S.The Led lamp light you purchase will be made up of two main components, apart from the bulb of course. These are known as the trim and the housing. The trim is the visible part of the light. officials is al-Maliki's political pact with anti-American cleric Muqtada al-Sadr, who had once controlled a formidable Shiite militia and now lives in self-exile in Iran.
At a news conference Tuesday, al-Maliki appeared to address Washington directly by saying the key security posts of defense and interior ministers "should be independent and accepted by all parties" _ presumably counting out al-Sadr's group.
The lack of clarity weighs heavily in potential investors. But Iraq is not truly rudderless. Under Iraq's system, al-Maliki still leads a government with all its powers intact rather than a stripped-down caretaker role.
Yet without parliament in session, the government cannot move ahead with any business-friendly reforms such as streamlining bureaucracy and clarifying rules for foreign investment.
U.S. military commanders also believe Sunni insurgents are using the government gridlock to launch a wave targeted slayings in an attempt to discredit al-Maliki. In the latest hit, gunmen Tuesday ambushed and killed the head of the crime lab in the northern city of Mosul.
"For sure there are obstacles ...Thankfully, the range now encompasses every fixture and fitting that you could led tube imagine which means that all tastes and style have been catered to and no consumer should feel that they are missing out on anything. but we have to start," said Aws Abdul-Rahaman, senior engineer for a Baghdad-based building contractor. "If you wait until everything is well organized then it will be a very long time."
He was among the few Iraqi business representatives at the Green Zone conference center, which was mostly filled with Iraqi government officials and diplomats.
Some of the U.S. companies on hand already have made deals with Iraq, including Boeing, which plans to deliver the first plane in a 40-aircraft order in 2013. But no major pacts are expected on the current mission, led by Francisco Sanchez, the U.S. undersecretary of commerce for international trade.
It has more of a fact-finding feel similar to a State Department-sponsored foray to Baghdad last year by executives from Web giants Twitter, Google and YouTube.Experts also suggest using low Projector Lamp voltage fluorescent mini lights.
Iraqi officials estimate the country needs at least $400 billion for basic reconstruction. The goal is now even a longer stretch to Iraq's oil-dependent economy after crude prices dropped from record highs in 2008.
There are successes.
The semiautonomous Kurdish region in the north is undergoing something of an economic boom with foreign companies pouring money into real estate ventures or using the area's relative peace for their footholds in Iraq.
The pace of business ventures has been far slower in other parts of the country.
This week, the technology and manufacturing company Honeywell International Inc. said it will open an office in Baghdad to provide equipment for Iraq's oil and gas industry.
In the Gulf, where many wealthy sovereign funds have so far been cool to Iraq, a state-run Abu Dhabi financial firm, Invest AD, said Sunday it plans to open a fund to invest in Iraqi companies.
"We have no intention of waiting until everything is figured out before we get involved," said Damaune Journey, director of international sales at CSECO,That means it won't need replacing for sky lanterns the next 20 years or more if ran for approximately 6-8 hours a day. a maker of security scanning devices based in Alameda, California.
In the southern city of Basra, the Rhode Island-based Newport Global Technologies Ltd. signed a $1.2 billion deal two years ago to help build a sports city that includes a 10,000-seat stadium.
The company's chairman and CEO, Rounsevelle Schaum, listed the hurdles: securing the site, protecting it and working out the financing.Ensuring that the low voltage downlight compact fluorescent fits in with the style and decor of the rest of the room is very important and in years gone by, this would not have been possible.
A full seven months after the election, the Shiite-led coalition of Prime Minister Nouri al-Maliki now appears close to cobbling together a parliament majority to start forming a new Cabinet. But the Sunni-backed bloc that actually placed first in the balloting _ yet short of the crucial majority grip among lawmakers _ has vowed to oppose al-Maliki every step of the way.
Even if al-Maliki gets control of parliament, the fights over key posts could drag on for weeks or months.
One major worry for U.S.The Led lamp light you purchase will be made up of two main components, apart from the bulb of course. These are known as the trim and the housing. The trim is the visible part of the light. officials is al-Maliki's political pact with anti-American cleric Muqtada al-Sadr, who had once controlled a formidable Shiite militia and now lives in self-exile in Iran.
At a news conference Tuesday, al-Maliki appeared to address Washington directly by saying the key security posts of defense and interior ministers "should be independent and accepted by all parties" _ presumably counting out al-Sadr's group.
The lack of clarity weighs heavily in potential investors. But Iraq is not truly rudderless. Under Iraq's system, al-Maliki still leads a government with all its powers intact rather than a stripped-down caretaker role.
Yet without parliament in session, the government cannot move ahead with any business-friendly reforms such as streamlining bureaucracy and clarifying rules for foreign investment.
U.S. military commanders also believe Sunni insurgents are using the government gridlock to launch a wave targeted slayings in an attempt to discredit al-Maliki. In the latest hit, gunmen Tuesday ambushed and killed the head of the crime lab in the northern city of Mosul.
"For sure there are obstacles ...Thankfully, the range now encompasses every fixture and fitting that you could led tube imagine which means that all tastes and style have been catered to and no consumer should feel that they are missing out on anything. but we have to start," said Aws Abdul-Rahaman, senior engineer for a Baghdad-based building contractor. "If you wait until everything is well organized then it will be a very long time."
He was among the few Iraqi business representatives at the Green Zone conference center, which was mostly filled with Iraqi government officials and diplomats.
Some of the U.S. companies on hand already have made deals with Iraq, including Boeing, which plans to deliver the first plane in a 40-aircraft order in 2013. But no major pacts are expected on the current mission, led by Francisco Sanchez, the U.S. undersecretary of commerce for international trade.
It has more of a fact-finding feel similar to a State Department-sponsored foray to Baghdad last year by executives from Web giants Twitter, Google and YouTube.Experts also suggest using low Projector Lamp voltage fluorescent mini lights.
Iraqi officials estimate the country needs at least $400 billion for basic reconstruction. The goal is now even a longer stretch to Iraq's oil-dependent economy after crude prices dropped from record highs in 2008.
There are successes.
The semiautonomous Kurdish region in the north is undergoing something of an economic boom with foreign companies pouring money into real estate ventures or using the area's relative peace for their footholds in Iraq.
The pace of business ventures has been far slower in other parts of the country.
This week, the technology and manufacturing company Honeywell International Inc. said it will open an office in Baghdad to provide equipment for Iraq's oil and gas industry.
In the Gulf, where many wealthy sovereign funds have so far been cool to Iraq, a state-run Abu Dhabi financial firm, Invest AD, said Sunday it plans to open a fund to invest in Iraqi companies.
"We have no intention of waiting until everything is figured out before we get involved," said Damaune Journey, director of international sales at CSECO,That means it won't need replacing for sky lanterns the next 20 years or more if ran for approximately 6-8 hours a day. a maker of security scanning devices based in Alameda, California.
In the southern city of Basra, the Rhode Island-based Newport Global Technologies Ltd. signed a $1.2 billion deal two years ago to help build a sports city that includes a 10,000-seat stadium.
The company's chairman and CEO, Rounsevelle Schaum, listed the hurdles: securing the site, protecting it and working out the financing.Ensuring that the low voltage downlight compact fluorescent fits in with the style and decor of the rest of the room is very important and in years gone by, this would not have been possible.
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