Falling oil prices stymie Iraq's security spending (AP)

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AP - Falling oil prices will force Iraq to cut back on military spending, leaving questions about whether it can handle tasks such as protecting oil platforms in the Gulf once the American pullout is complete, a top U.S. commander said.




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Money in hiding?

So what happened to the $76 billion surplus that Iraq had last year, surely it can't all be spent?

On the plus side, just think what this doing for Iran and its spending projects, another disaster waiting to happen?
 
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