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Other sources of revenue have gone dry or are about to. Foreign investors have been slow to spend in Iraq because of the violence and huge uncertainty surrounding the security situation following the U.S. drawdown going forward this summer. U.S. reconstruction funds are dwindling as American troops move to go. And Iraq at present cannot sell government bonds on the international market without risking them becoming entangled in a myriad of reparations lawsuits related to Iraq's invasion of Kuwait...
...government has not repealed draconian media laws nor introduced a new media-governing board as promised. Says Makombe: "The much talked-about 100 days have gone by, and it is still no show. All [politicians] talk about is the economy and why so-and-so has not released funds, yet they have other major issues to address...
...enamored with only partially accurate comparisons? Well, consider the alternative. In recent weeks, market watchers and economists have gone hog wild talking about what's going on with "second derivatives." Without venturing too far into the scary calculus stuff, the point is this: we're still headed downhill but maybe a bit more slowly. That's a more precise way to look at the world - but it's not exactly accessible. Second derivative probably isn't making its way into newspaper headlines any time soon...
...student on the advising committee, most of the programming cuts were not essential. “All the advising events you go to have a lot of food, as a rule,” he said. “A lot of that will be gone.” There will also be reductions in lunch funding for freshman academic advisers, likely leading to reductions in “number of lunches people have with their advisees,” the document suggests. A year-old program for students to discuss research opportunities with faculty over lunch will also...
...good as the New York counterterrorism infrastructure is, it may have been helped by luck. It's impossible to know how far Cromitie might have gone if he had not reached out to the FBI informant. "Terrorist plots are most vulnerable when the terrorists have to go outside their group for help," says Burton. Lacking the "terrorism tradecraft" to build explosives themselves, the plotters had no choice but to seek help, and "that greatly increased the chances they would be caught," he adds...