Teribus thinks he knows more about the Iraqi economy than Heather Stewart! Don't be so pompous, teri. Thats a good article and explains clearly what I was trying to say earlier.

"The law, which is being discussed by the Iraqi cabinet before being put to the parliament, says the untapped oil would remain state-owned but that contracts would be drawn up giving private sector firms the exclusive right to extract it."

If you don't agree, then tell us why.