Sunday, November 27, 2011

Iraq in a week 'Summary' till 21-Nov.

Summary
Levels of violence rose in Iraq over the past week, particularly in Mosul and the central provinces. At least 33 people were killed and 99 injured in nationwide attacks, which is double the figure recorded the previous week. A rise in bomb attacks left 21 people dead and 87 injured while small arms attacks left 10 people dead and 10 more injured. Indirect fire attacks (rockets and mortars) also left two people injured.

Notable Incidents
There was one attempted suicide bombing in the capital but the police managed to stop the would-be terrorists before they had the chance to detonate their significant amount of explosives. At least one person was kidnapped in the north of the country. The head of a local journalist association was also shot and injured in Diyala province.

The US Withdrawal
At the same time there have been at least three separate attacks on US military interests over the past seven days, and anxieties are growing countrywide over the prospects for stability once American troops have left. Militancy is likely to gradually rise following their departure, but it remains to be seen whether or not anticipated ebb and flow of violence will trigger any major escalation in militancy and civil unrest. Any journalists interested in covering the situation over the coming weeks who require assistance in the country please contact the AKE Iraq office at akebaghdad@akegroup.com.

Political Risk
Meanwhile, ExxonMobil has gone against express state wishes by signing oil and gas contracts with the Kurdish authorities. This puts central government in a very difficult position to which it may respond aggressively and even to the detriment of the investment climate.

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Source: AKE

3 comments:

  1. Very Informative. I just launched my own expatriate tax return service for expatriates.

    Diane
    www.expatriatetaxreturns.com

    ReplyDelete
  2. I recommend that you create a twitter and start twitting and publishing your idea

    ReplyDelete