what more proof does anybody need that democracy was only an excuse that could sell the crime.
CHALLENGES 2004-2005: U.S. to Take Bigger Bite of Iraq's Economic Pie: "WASHINGTON, Dec 23 (IPS) - The United States is helping the interim Iraqi government continue to make major economic changes, including cuts to social subsidies, full access for U.S. companies to the nation's oil reserves and reconsideration of oil deals that the previous regime signed with France and Russia.
During a visit here this week, officials of the U.S.-backed administration detailed some of the economic moves planned for Iraq, many of them appearing to give U.S. corporations greater reach into the occupied nation's economy.
For example, the current leadership is looking at privatising the Iraqi National Oil Company, said Finance Minister Adil Abdel Mahdi.
The government, which is supposed to be replaced after elections scheduled for January, will also pass a new law that will further open Iraq's huge oil reserves to foreign companies. U.S. firms are expected to gain the lion's share of access in a process estimated to be worth billions of dollars.
'So I think this is very promising to the American investors and to American enterprises, certainly to oil companies,' Abdel Mahdi said at the National Press Club in Washington, DC on Tuesday.
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One major move the country is inching towards under U.S. guardianship, which was discussed this week, is a rollback of Iraq's huge subsidies system, which may have kept millions of Iraqis from starvation under U.S. and UK-backed sanctions imposed by the United Nations after the 1991 Gulf War.
The sanctions lasted for 12 years. A study by the U.N. Children's Fund (UNICEF) and Iraq's Ministry of Health found that 500,000 more Iraqi children died under sanctions, from 1991 to 1998, than would have otherwise perished, but they stressed that not all the deaths could be directly blamed on the provisions.
It is believed that many more Iraqis would have died if not for a strong subsidies system that gave food rations to Iraqi families."
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