They have oil over there?

Posted by sean on November 23, 2005

Mark as ‘obvious’, but just to make sure we’re completely clear on this (maybe I’ll come up with something less negative to post soon):

Independent Online Edition > Middle East:

Iraqis face the dire prospect of losing up to $200bn (£116bn) of the wealth of their country if an American-inspired plan to hand over development of its oil reserves to US and British multinationals comes into force next year.