Iraq's Ailing Banking Industry Is Slowly Reviving
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Despite the continuing war and political uncertainty, Iraq's long-suffering financial industry has begun creaking to life.
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More than a quarter of Iraq&#39;s foreign debt burden could be forgiven after a framework agreement was reached by two of the country&#39;s main creditors.
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The U.S. Postal Service has resumed mail service to Iraq.
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TOKYO : Iraq has asked the international community to play an active role in rebuilding its war-torn infrastructure and help alleviate its debts.
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Iraq&#39;s government has the capacity to proceed with a basic economic program, the International Monetary Fund said on Monday, even as authorities struggle to contain violence before elections set for January.
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Shiites now dominate the once mixed capital, and there is little chance of reversing the process.
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A makeover of Sadr City reflects a broad effort by Iraqi leaders to focus on lucrative rebuilding efforts.
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Export flows restored in south as US-backed Iraqi forces are deployed to protect oil facilities. BAGHDAD  - Authorities reopened the main export pipeline in southern Iraq on Monday after deploying
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BAQUBAH, Iraq -- Inside the festival hall, on long tables covered with white cloth, Aboud Ahdim Abbas Mohammad saw a glimpse of the future: baskets filled with different kinds of ripe, delicious dates. They held the twin promise of reviving an ancient industry and Iraq's devastated economy.
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Turmoil in the credit markets has wounded some of the biggest titans of the financial world, but the little guys at the neighborhood bank are, for the most part, doing just fine.
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The International Monetary Fund approved a $436 million loan to Iraq on Wednesday, a milestone in the nation&#39;s effort to normalize its finances and rebuild its economy.
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Iraq's economy is weaker than at any point since the US invasion in 2003.
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Life returns slowly to normal in the battered Iraqi city after a huge US-led operation to wrest control from insurgents.
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Polls show Iraqis optimistic for longer term, worried now.
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Iraq's stagnant economy and lack of employment opportunities are feeding instability in the violence-torn country, hindering prospects for prosperity, Prime Minister Iyad Allawi said on Monday.
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Iraq's oil exports rose 9.2 percent last year, the Oil Ministry announced Thursday, largely because improved security allowed pumping to resume through a pipeline from northern oil fields.
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Iraqis slowly began returning to the streets of Baghdad when a curfew was lifted on Sunday, four days after the bombing of a revered Shi'ite Muslim mosque to the north sparked fears of reprisal sectarian attacks.