IRAQ

Reuters: US To Privatize Iraqi State-Owned Firms

WASHINGTON (Reuters) - The U.S. civil administration in Iraq intends early next year to unveil a blueprint for privatizing Iraq's state-owned businesses in a quest to create a thriving capitalist economy, an official said on Wednesday.

Thomas Foley, director of private-sector development for the U.S.-led Coalition Provisional Authority in Iraq, was bullish about getting Iraq's economy back on its feet, but said it was important that corruption be stamped out in Iraqi business.

"IRAQ OPEN FOR BUSINESS. Wer die Firmen aufkaufen wird sobald sie privatisiert worden sind ist wohl klar...bestimmt nicht die Iraker"