Risking Everything in Baghdad
Whiz-bang technology alone won’t make people feel safe enough to invest big money into a place like Iraq. The lack of political stability leads to a security vacuum, which leads to car bombs, which leads to further capital flight. “The situation right now in Iraq is not stable. There are many challenges for the stock exchange,” says Salam gloomily. “The investors are all waiting for things to happen to the economy, the services. I believe everyone here is waiting for good things to happen.”
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