ENERGY
The world has never looked better for the Big Five oil companies. This morning, Exxon Mobil, the world’s largest corporation, announced its “second-quarter profit rose 14 percent, to $11.68 billion, the highest-ever profit by an American company. Exxon broke its own record.” Joining Exxon Mobil as the only oil companies to “earn more than $10 billion in [...]

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IRAQ
Demanding Withdrawal
Earlier this month, Iraqi Prime Minister Nouri al-Maliki raised the prospect of “setting a timetable for the withdrawal of U.S. troops as part of negotiations over a new security agreement with Washington.” “Today, we are looking at the necessity of terminating the foreign presence on Iraqi lands and restoring full sovereignty,” Maliki told Arab [...]

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Officials try to hammer out far-reaching deals for U.S. presence

The Associated Press
Sat., June. 21, 2008

BAGHDAD - The decisive battle of the Iraq war is shaping up — not in the streets of Baghdad but in the halls of government where the future of America’s role across the region is on the line.
American and Iraqi officials [...]

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June 19, 2008
By ANDREW E. KRAMER

Moises Saman for The New York Times
Oil fields in the Iraqi province of Basra. Iraq produces about 2.5 million barrels of oil per day.

BAGHDAD — Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing [...]

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Middle East

by Lourdes Garcia-Navarro
All Things Considered, June 8, 2008 · Iraq and Iran have not always been good neighbors. They fought an eight-year war in the 1980s. And Iraq is investigating U.S. allegations that Iran is backing Shiite militias in Iraq.
But the Iranians have their own concerns: They fear that Iraq might agree to [...]

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