Monday 17 November 2008

Iraqi stock markets are rising as security increases

As security increases in Iraq the local stock market is up - apparently as much as 40% in the month of September, when the global financial crisis were raging through the rest of the world.

It is now becoming more and more official that things in Iraq are really improving. There were already some clear indications in the summer, when many of the major US news stations cut down on their staff in Iraq. Sorry to be blunt, but most of their news coverage included people - especially Americans - getting blown up. Since that number is falling, the number of stories fell and the need for journalists fell. Now the Journalist have to write the positive stories to get attention. Like this wonderfull story from CBS news.

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