HUMAN first, then a proud IRANIAN: Too big a loaf to swallow at once

HUMAN first, then a proud IRANIAN

This blog represents the way I see some of the most significant events impacting the world and its citizens. This blog also represents how I react to the events as a member of humanity with a voice, a determined voice that insists to be heard. The voice of an Iranian who loves his country but his priority is humanity; humanity without border. I will say what I want to say, when I want to say it, and how I want to say it, but I will never lie. I will also listen; I promise.

September 27, 2003

Too big a loaf to swallow at once

US-Installed Iraq's Governing Council backed off from a controversial pledge by its finance minister to allow 100 percent foreign ownership in most economic sectors here, saying the matter needed more study (call it study of reactions).
The package previously announced in Dubai caused an immediate storm in Iraq, where businessmen and analysts expressed fears that outsiders could swallow up the national economy.
"The measures which have been announced will lead to foreign domination over economic decision-making and largely sign away the independence" of Iraq, said Ridha al-Qoreishi, a financial and monetary expert and academic.
Read more .