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Saddam death, economic doubts
- Iraq: Saturday, December 30 - 2006 at 09:59
Political analysts are pessimistic the execution of former Iraqi President Saddam Hussein this morning by hanging will ease sectarian violence and lawlessness that has hamstrung economic progress since his downfall. Repeated sabotage of oil pipelines has limited output capacity in recent years, while inflation is running at above 50% and FDI is less than 1% of GDP. Some commentators are fearful the execution could lead to an escalation in violence.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 30 - 2006 at 09:59 UAE local time (GMT+4)
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This article was updated on Sat May 26 2007.
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