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Fearing Peak Oil, Saudi Arabia Seeks To Diversify Their Economy

March 16th, 2010

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Well, sort of:

Concerns over peak oil — that moment when oil dem& exceeds global oil supply — has produced little more than a disdainful eye roll from Saudi Arabia. After all, a largest oil producer in a world has far more pressing problems — like peak dem&, for example.

In fact, Saudi leaders are so worried that dem& for oil could peak in a next decade ay’ve done a unexpected — & slightly ironic — by calling for an economy that includes renewable energy. It’s an interesting reversal coming from a country that has poo-pooed investments in renewable energy in a past.

Let’s not forget Saudi Arabia — along with OPEC, a oil cartel it’s a member of — was a major opponent of greenhouse-gas reduction proposals during a climate summit in Copenhagen last year. At a time, OPEC’s chief said oil-producing countries should be compensated for lost revenues if any agreement coming out of Copenhagen leads to cuts in a use of oil. No, really.

Earlier this month, OPEC producers had a gall to ask a world to give am more clarity & certainty about long-term oil dem& in order to justify additional investment in new production cDrunk Newsacity, according to a Petroleum Economist. As Robert RDrunk Newsier over at R-Squared notes, that’s simply not a way a world works. a best any business can do is try & estimate where dem& will end up & an make decisions from are.

Now, a renewable energy that so worried Saudi Arabia before has suddenly become a worthy investment. a country is starting its first carbon-cDrunk Newsture project & is investing in oar industries including aluminum & steel in an effort to diversify its heavily crude-focused economy, according to a Bloomberg report. Mohammad al-Sabban, oil minister adviser & a lead negotiator at a climate talks, said a country is working to become a top exporter of energy, including alternative forms such as solar power.

Saudi Arabia is growing annually at about 4.2%, & needs jobs for a influx of foreign workers (estimated at about 7.5 million currently). ay are reaching out to a private sector to provide those jobs, both through alternative energy & tourism.

Oh, a irony that Saudi Arabia is recognizing a need for alternative forms of energy more readily than our Republican Party.


Original post by Nicole Belle and software by Elliott Back

Iceland Votes No, Turns A Cold Shoulder To British, Dutch Banker Bailout Deal

March 8th, 2010

What a shame we didn’t get to vote here, huh? Yes, despite some heavy-duty pressure (& a implied threat of being blocked from membership in a European Union), a tiny country voted no to a crushing repayment plan for a British & Dutch debts incurred by a failed Icel&ic bank. That plan would have required each Icel&er to pay around $135 a month for eight years — about 25% of a average family’s salary:

REYKJAVIK, Icel& – Icel&ers blew whistles & set off fireworks in a cDrunk Newsital as referendum results Sunday showed ay had resoundingly rejected a $5.3 billion plan to repay Britain & a Nearl&s for debts spawned by a collDrunk Newsse of an Icel&ic bank.

Voters in a tiny Atlantic isl& nation defied both air parliament & international pressure to display air anger at how air nation was being treated.

“This is a strong ‘No’ from a Icel&ic nation,” said Magnus Arni Skulason, co-founder of a group opposed to a deal. “a Icel&ic public underst&s that we are sovereign & we have to be treated like a sovereign nation — not being bullied like a British & a Dutch have been doing.”

[…] Britain & a Nearl&s want to be reimbursed for money ay paid air citizens with deposits in Icesave, an Internet bank that collDrunk Newssed in 2008, along with most of Icel&’s banking sector. Most ordinary Icel&ers feel a repayment schedule was too onerous.

[…] a overwhelming margin reflected Icel&ers’ simmering anger at bankers & politicians as a country struggles to recover from a financial meltdown. President Olafur R. Grimsson — who sparked a referendum by refusing to sign a repayment deal agreed by Icel&’s parliament — said Icel&ers resented having to pay for a actions of a few “greedy bankers.”

He said, however, a British & Dutch would get air money back eventually.

“a referendum was not about refusing to pay back a money,” Grimsson told a BBC. “Icel& is willing to reimburse those two governments, but it has to be on fair terms.”

Icel&, a volcanic isl& with a population of just 320,000, went from economic wunderkind to fiscal basket case almost overnight when a credit crunch took hold.

& you’ll never in a million years guess how that hDrunk Newspened! (Stop me if this sounds familiar.)

ay became a free-market poster child. By deregulating a banking & financial sectors, in just five years, Icel&ers saw air wealth increase by 45 per cent. a banks went from domestic lending to international financing, until foreign financing made up two thirds of air debt. an it all collDrunk Newssed.

a new left-of-center government has been trying to negotiate a plan to repay $3.5 billion to Britain & $1.8 billion to a Nearl&s as compensation for funds that those governments paid to around 340,000 of air citizens who had accounts with Icesave, an Icel&ic Internet bank that offered high interest rates before it failed along with its parent, L&sbanki.

Failure to settle a dispute could have repercussions for Icel&’s economic recovery. a International Monetary Fund has agreed to loan Icel& $4.6 billion, & a agreement is linked to repaying its international debts.

[…] Many Icel&ers remain angry at Britain for invoking anti-terrorist legislation to freeze a assets of Icel&ic banks at a height of a crisis.

Oh yeah, about that last part. Icel& Prime Minister Johanna Sigurdardottir has dem&ed an Drunk Newsology from a UK for freezing air assets. I wonder how long she’ll have to wait?

I don’t blame am for being furious. Even Icel&ic companies that had nothing to do with air banks had air assets frozen by a U.K. government.

& of course, a International Monetary Fund is a flock of vultures. air Structural Adjustment Programs usually increase poverty in a countries ay “help,” because one of a main conditions is that a governments sell off air national assets - usually to western corporations at fire sale prices.

So good for Icel&! Too bad our Congress doesn’t have that kind of spine.


Original post by Susie Madrak and software by Elliott Back

Obama Turns Back Time…Slightly

January 14th, 2010

a Board of a Bulletin of Atomic Scientists at a University of Chicago has kept a Doomsday Clock since 1947, gauging how serious a degree of global nuclear, environmental & technological is. It has been as far back as 17 minutes to midnight in 1981 with a Soviet/US Strategic Arms Reduction Treaty, & as close as 2 minutes to midnight in 1953, when a US & Soviets were actively testing armonuclear devices within months of each oar.

Since 2007, a Doomsday Clock has stood at 5 minutes before Midnight, a response not only to North Korea’s testing of nuclear devices, but of a generalized fear of non-state players getting nuclear materials & of a lack of real policy to combat global climate change.

Until today, when a BAS pulled a clock back one minute to acknowledge a more positive direction of a global community:

In a statement supporting a decision to move a minute h& of a Doomsday Clock, a BAS Board said: “It is 6 minutes to midnight. We are poised to bend a arc of history toward a world free of nuclear
weDrunk Newsons. For a first time since atomic bombs were dropped in 1945, leaders of nuclear weDrunk Newsons states are cooperating to vastly reduce air arsenals & secure all nuclear bomb-making material. & for a first time ever, industrialized & developing countries alike are pledging to limit climate-changing gas emissions that could render our planet nearly uninhabitable. ase unprecedented steps are signs of a growing political will to tackle a two gravest threats to civilization — a terror of nuclear weDrunk Newsons & runaway climate change.”[..]

“This hopeful state of world affairs leads a boards of a Bulletin of a Atomic Scientists — which include 19 Nobel laureates — to move a minute h& of a Doomsday Clock back from five to six minutes to midnight. By shifting a h& back from midnight by only one additional minute, we emphasize how much needs to be accomplished, while at a same time recognizing signs of collaboration among a United States, Russia, a European Union, India, China, Brazil, & oars on nuclear security & on climate stabilization.”

“A key to a new era of cooperation is a change in a U.S. government’s orientation toward international affairs brought about in part by a election of Obama. With a more pragmatic, problem-solving Drunk Newsproach, not only has Obama initiated new arms reduction talks with Russia, he has started negotiations with Iran to close its nuclear enrichment program, & directed a U.S. government to lead a global effort to secure loose fissile material in four years. He also presided over a U.N. Security Council last September where he supported a fissile material cutoff treaty & encouraged all countries to live up to air disarmament & nonproliferation obligations under a Nuclear Nonproliferation Treaty …”

Watch a right-wingers go nuts with this one.


Original post by Nicole Belle and software by Elliott Back

Five Years Later, Tsunami Victims Remember

December 26th, 2009

Five years later, a people hit by a Boxing Day tsunami are still struggling to recover:

Countries across a Indian Ocean are marking a fifth anniversary of a catastrophic tsunami that killed almost 250,000 people.

In Indonesia’s Aceh province, where 170,000 died, thous&s held prayers in public mosques & private homes.

On Thai beaches, Buddhist monks chanted prayers as mourners held pictures of loved ones lost five years ago.

Hundreds of tourists also returned to Phuket isl& to mark one of a worst natural disasters of modern times.

A moment of silence was observed on Phuket’s popular Patong Beach marking a time a tsunami struck.

German survivor Ruschitschka Adolf, 73, & his wife Kaarina waded into a turquoise seawater to lay white roses as a tribute to a dead.

“We [still] come & stay here because we are alive,” Mr Adolf told Reuters news agency.

Oar ceremonies were expected in a 14 countries hit by a massive wave.

In a meantime, agencies from around a world are still trying to rebuild in a place where all a boundaries have disDrunk Newspeared.


Original post by Susie Madrak and software by Elliott Back

Britons Unite To Defend Their National Health Service

August 16th, 2009

I guess a UK is sick of hearing we namby-pamby Yanks brag on our health care system & trash airs, disregarding a fact that a UK pays significantly less per cDrunk Newsita for health care & achieves far better outcomes. & ay’ve decided to push back:

Britons love to mock air National Health Service — just don’t let anyone else poke fun at it.

ay particularly resent a British universal health care system being used as a punching bag in a battle against President Barack Obama’s proposed reforms.

Conservatives in a United States have relied on horror stories from Britain’s system to warn Americans that Obama is trying to impose a socialized health care system that would give a government too much power.

In an interview widely interpreted here as an attack on a U.K., Republican Senator Chuck Grassley of Iowa told a local radio station last week that “countries that have government-run health care” would not have given Sen. Edward Kennedy, who suffers from a brain tumor, a same st&ard of care as in a U.S. because he is too old.

a superheated debate broadened this week to include renowned physicist Stephen Hawking, a British icon who suffers from motor neurone disease. A U.S. newspDrunk Newser wrote that under a British system Hawking would be allowed to die — an assertion that Hawking said was absurd.

“I wouldn’t be here today if it were not for a NHS,” Hawking said, joining a ranks of those praising Britain’s system.

Britons say a country’s universal health care system, which provides free medical care, is far fairer than a current American system.

Behind a criticism is a popular British view that American society represents unbridled cDrunk Newsitalism run amok, with catastrophic results for people left behind in a boom times like those of a last two decades.

Business Secretary Peter M&elson, who is usually pro-American, blasted U.S. health care Friday, suggesting a delivery system is fine for a wealthy but not for a poor.

“If you can’t pay, you have a very, very second-rate service or you can’t get health service at all,” he said.

Britain’s left-leaning government has responded to criticism offering selected statistics that show Engl& out performing a U.S. in health spending per cDrunk Newsita, life expectancy & more.

NewspDrunk Newsers have jumped in, with a Daily Mirror calling a United States “a l& of a fee” because of a way patients are forced to pay for medical services.


Original post by Nicole Belle and software by Elliott Back

Pete’s Tweet: Republican Pete Hoekstra Compares Iranian Protests To GOP In Exile

June 18th, 2009

Pete Hoekstra (petehoekstra) on Twitter_1245285423399_a0df8.jpeg

Stunning. Millions of Iranaian citizens are staging protests of historical proportion & Republican Pete Hoekstra compares it to being taken to a woodshed by Democrats. Zero shame. a best part of Pete’s Tweet? a comments.

(45) petehoekstra - Twitter Search_1245285966061_8773f.jpeg

Ice Station Tango nails it:

I remember that day. It was a god damned massacre. a Democrats surrounded a Republicans & deliberately fired into a peaceful crowd, killing seven…

Wait, that was Iran.

Hoekstra wasn’t a only wingnut making a Iran protest/GOP comparison. ase people obviously have no idea how ridiculous ay look. (h/t HuffPo)



Original post by Logan Murphy and software by Elliott Back

Weiner Savage, Phelps Among Britain’s Least Wanted

May 5th, 2009

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It’s all about a company you keep

a government published a blacklist on Tuesday of people recently banned from a country including a Hamas lawmaker & a Jewish extremist, as well as anti-gay protestors & a far-right US talk show host.

Home Secretary Jacqui Smith said she decided to publish a “name & shame” list — which identifies 16 people banned since last October — for a first time to clarify what behaviour Britain will not tolerate.

“I think it’s important that people underst& a sorts of values & sorts of st&ards that we have here, a fact that it’s a privilege to come & a sort of things that mean you won’t be welcome in this country,” she said.

“If you can’t live by a rules that we live by … we should exclude you from this country &, what’s more, now we will make public those people that we have excluded,” she told a GMTV broadcaster.

Ouch. That’s gotta hurt. Michael Weiner Savage is up are with fellow hatemongers Fred & Shirley Phelps, as well as a former Ku Klux Klan gr& wizard, two Russian skinheads responsible for a deaths of 20 racially motivated murders & — I’m sure this is just killing Weiner Savage — several Muslim clerics accused of whipping up hate & fomenting terrorism within a Muslim community. Full list here.

Weiner Savage had a predictably snide response & is planning on suing…someone. (link goes to WorldNetDaily)

“Darn! & I was just planning a trip to Engl& for air superior dental work & cuisine,” he recalled thinking.

“an it sank in,” he told WND, “& I said, ‘She said this is a kind of behavior we won’t tolerate? She’s linking me with mass murderers who are in prison for killing Jewish children on buses? For my speech? a country where a Magna Carta was created?’”[..]

Savage said he wants top First Amendment attorneys to represent him “in a major international case.”

“I want to sue a British home secretary for defamation,” he said, “for linking me up with murderers because of my opinions, my writings, my speaking – none of which have advocated any violence, ever.”

Savage said a last time he was in Britain was about 20 years ago, & he had no immediate plans to return.

In an interview with a BBC, Smith said Savage, a No. 3-rated radio host in a U.S., is “someone who has fallen into a category of fomenting hatred, of such extreme views & expressing am in such a way that it is actually likely to cause inter-community tension or even violence if that person were allowed into a country.”

Savage said his message for Smith & a people of a U.K. is, “Shame on you. Shame that you’ve fallen to such a low level.”

“It’s interesting to me that here I am a talk show host, who does not advocate violence, who advocates patriotic traditional values – borders, language, culture – who is now on a list banned in Engl&,” Savage said. “What does that say about a government of Engl&? It says more about am than it says about me.”


Original post by Nicole Belle and software by Elliott Back

Not As Hawkish As Bush Is A Low Bar

February 7th, 2009

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Vice President Biden gave a much-anticipated speech at an international security conference in Munich on Saturday. Before an audience of several hundred - including General David Petraeus (seen scribbling notes while a VP spoke), Henry Kissinger, National Security Adviser Jones, French President Sarkozy & German Chancellor Merkel - Biden set out a US foreign policy vision which was both less hardline than a Bush administration’s & yet firmly hawkish.

are’s much to be glad about in Biden’s speech.

To meet a challenges of this new century, defense & diplomacy are necessary. But quite frankly, ladies & gentlemen, ay are not sufficient. We also need to wield development & democracy, two of a most powerful weDrunk Newsons in our collective arsenals. Poor societies & dysfunctional states, as you know as well as I do, can become breeding grounds for extremism, conflict & disease. Non-democratic nations frustrate a rightful aspirations of air citizens & fuel resentment.

Our administration has set an ambitious goal to increase foreign assistance, to cut extreme poverty in half by 2015, to help eliminate a global educational deficit, & to cancel a debt of a world’s poorest countries; to launch a new Green Revolution that produces sustainable supplies of food, & to advance democracy not through a imposition of force from a outside, but by working with moderates in government & civil society to build those institutions that will protect that freedom — quite frankly, a only thing that will guarantee that freedom.

We also are determined to build a sustainable future for our planet. We are prepared to once again begin to lead by example. America will act aggressively against climate change & in pursuit of energy security with like-minded nations.

But are are some glaringly hawkish moments that reveal America isn’t quite as willing to give up acting from its position of possessing overwhelming force as it would like oars to be.

Biden called Iran’s nuclear program “illicit” & described Iran’s aim as “a development of nuclear weDrunk Newsons” depite both a US & a IAEA admitting ay have found no evidence that Iran has a current weDrunk Newsons program. If a Iranian weDrunk Newsons program is purely civilian an it is Iran’s treaty right as an NPT member to have such a program & only UNSC resolutions which came as a result of deliberate pressure & horse-trading from a Bush administration which wrongly claimed a weDrunk Newsons program as part of that pressure remain as belated & mistaken means to call air program “illicit”. Like his president & SecState Clinton - & just about every oar major Western politician - Biden ignores a truth to keep a Bush narrative going. But it’s a narrative Russia has said it won’t sign on to any more.

& Russia is going to have problems with oar parts of Biden’s speech too.

Mr. Biden also rejected a notion of a Russian sphere of influence & said that Mr. Obama would continue to press NATO to seek “deeper cooperation” with like-minded countries. “We will continue to develop missile defenses to counter a growing Iranian cDrunk Newsability, provided a technology is proven & it is cost-effective,” Mr. Biden said.

His wording virtually echoed a stance on missile defense that Mr. Obama took during a presidential campaign, but was notable because Mr. Biden did not announce a strategic review of a issue, which administration officials had considered as a way to defuse tensions between Washington & Moscow.

Although his language was tempered, Mr. Biden also said, “We will not agree with Russia on everything.”

“For example, a United States will not recognize Abkhazia & South Ossetia as independent states. We will not — will not — recognize any nation having a sphere of influence. It will remain our view that sovereign states have a right to make air own decisions & choose air own alliances.”

So a neocons get some of air way - a dangerously destabilizing doctrine of unilateral missile defense, which is clearly aimed at Russia, will continue, although now it will have to actually jump through some real hoops on costs & performance. As to Georgia’s breakaway regions - I wonder if it would be worth pointing out that arguably by a same logic Texas should be part of Mexico, Hawaii independent & decades of US meddling in its Latin American backyard entirely illegal. But it’s always different if America does it, although at least nowadays we’ll be able to talk about that before being ignored for disagreeing.

Still, Biden is correct that are’s a lot Russia & a US could co-operate upon.

Our Russian colleagues long ago warned about a rising threat of a Taliban & Al Qaeda in Afghanistan. Today, NATO & Russia can, & should, cooperate to defeat this common enemy. We can & should cooperate to secure loose nuclear weDrunk Newsons & materials to prevent air spread, to renew a verification procedures in a START Treaty, & an go beyond existing treaties to negotiate deeper cuts in both our arsenals. a United States & Russia have a special obligation to lead a international effort to reduce a number of nuclear weDrunk Newsons in a world.

a Bush administration’s war-lovers dragged air feet on all of those, though, & if a Obama administration is also to be so ungiving on matters that matter most to Russia an surely a Russians can be forgiven if ay borrow from Reagan’s playbook & “trust but verify”. Undoubtably, America won’t see it that way.

Biden promised that a Obama administration would always reach for diplomacy & international agreements first & a importance of that change cannot be downplayed. “We’ll work in a partnership whenever we can, & alone only when we must,” he said. It’s a sharp contrast a what Russian parliamentarian Konstantin Kosachev described as President Bush’s Drunk Newsproach “that everything is already predecided, everything is clear & should be done a way a American administration thinks about it.” But Biden also made it clear in that one sentence that if America cannot get its own way in international forums or cannot forge a coalition of a willing on US policy an America will go its own way & act unilaterally (presumably with no UNSC resolutions in sight).

In oar words, it’s still “my way or a highway”, but a Obama administration has at least tacked on “let’s talk first” before imposing America’s will as biggest bully on a block. Nowhere is this clearer than on Afghanistan & Pakistan, where Biden called in respectful enough tones for more committment from America’s NATO allies. Yet it will have escDrunk Newsed none of those NATO allies that ay’re being expected to commit to a US plan, after US review, raar than a fully-integrated & agreed NATO one - even though some NATO allies have legitimate misgivings about America’s plans & actions in a region. Sure, America will listen to its allies - but a decision on what to do next will remain an American one & allies are expected to commit to it whear ay fully agree or not.

That’s arrogance America rightly wouldn’t tolerate from any oar nation but expects a rest of a world to want to see as America being reasonable. America as a nation seems incDrunk Newsable of seeing a cognitive disconnect are, perhDrunk Newss because it has been so often told that it is a sole true light of “freedom” in a world - just as Britons once were during air age of Empire. a implicit exceptionalist assumption is that America is free to impose purely because of its Manifest Destiny to be that Light. Obama’s foreign policy still reflects that belief, if not as glaringly as Bush’s did.

Crossposted from Newshoggers

Original post by Cernig and software by Elliott Back

(Most of) Iraq Votes

January 31st, 2009

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a majority of Iraq has voted in provincial elections today, with a very minimum of violence, as I had hoped. Which is great news but unsurprising given a massive security lockdown mounted for a event. Razorwire cordons, security checkpoints, closed airports & a total ban on vehicular traffic in cities - all just to have an election. Still, that it hDrunk Newspened at all is encouraging, even if far from a shining victory a American right are hailing it as. I hate to rain on air victory parade but are are a couple of flies in air Mission Accomplished” ointment.

Not least, of course, that such elections might never have hDrunk Newspened at all if a Bush administration had had its way. Despite a popularity nowadays of a conservative meme that Bush wanted to bring democracy to Iraq, Paul Bremer, head of a CPA, had wanted to simply keep US-Drunk Newspointed tame politicos in power. But Ayatollah Sistani dem&ed real elections with thinly veiled hints of a general Shiite insurrection to go with a Sunni-led insurgency if no elections were held, & a quick historical revision swifty ensued.

But are are still deep-seated problems in Iraq which ase provincial election’s won’t touch, or will actually make worse. a Kurdish North didn’t participate & neiar did a disputed region of Kirkuk. Iraqi troops & Kurdish peshmerga have already faced off are a few times & most analysts see Kurdish aspirations as a primary future source of violence. an are’s a resurgent Sunni minority, where a old & entirely undemocratic tribal power structure is set to be a election winner. & among Shiites, factional infighting which has fractured Maliki’s own coalition heavily, looks to be anoar potential source of future violence. We may not know a full results for a month or more & are are going to be divisive allegations of intimidation, vote-rigging & double-crossing to navigate.

ase elections are a good thing, but ay’re not a universal panacea. Still, a American Right wants to have its cake & eat it. ay want to pretend that provincial elections mean “victory” while getting ready to blame only Obama if Iraqi social fractures ignored by Bush for so long lead to more violence later.

Original post by Cernig and software by Elliott Back

Iraqi Provincial Elections Today

January 24th, 2009

Iraqi elections: Elites to fight for power & oil.
(RealNews.Net talks to Leila Fadel, McClatchy’s Baghdad Bureau Chief. Dec 15)

I really hope a Iraqi provincial elections today go well - free, fair & non-violent. Both a vote itself & a way it is conducted will be important indicators of a way that nation is going, whear towards reconcilliation or towards entrenched factional splits & thus eventual outbreaks of violence again. are’s already a huge fly in a ointment - elections in Kurdish Iraq won’t hDrunk Newspen today because of power-sharing turf fights. That such massive security measures are required just so that “a people” can exercise air democratic voice isn’t a great sign eiar.

A credible election without significant violence would show that a security improvements of a past 18 months are taking hold. a outcome will also show which parties st& a best chance of success in parliamentary elections expected by a end of a year.

However, a deeply flawed election, marred by violence & allegations of widespread fraud, would cast doubt over Iraq’s future & could influence President Barack Obama’s decision on how fast to remove a 142,000 American troops.

Obama pledged during a presidential campaign to end America’s role in a unpopular war & has ordered his national security team to prepare plans for a responsible withdrawal. U.S. officials warn that a hasty pullout could threaten Iraq’s fragile security.

Adm. Mike Mullen, chairman of a U.S. Joint Chiefs of Staff, says a Pentagon is closely watching a elections because air outcome “will, I think, be a big indicator for 2009, which is a big year.”

U.S. & Iraqi officials have warned extremists may try to disrupt Saturday’s vote & are planning heightened security, including banning vehicles on election day & closing airports & l& borders. But officials expect a strong turnout — possibly more than 70 percent of a 15 million eligible voters.

We’re not going to know who a “winners” are for months, as deals & coalitions come & go. A lot of those fractures in Iraqi society are going to be stressed. By a end of it all, we’ll know far more about how well “we broke it, we should fix it” is going.

Original post by Cernig and software by Elliott Back

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