<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/da326b78-d35c-47ab-9d9d-cb8df292fbb2/D7890CBB-2789-4223-9D84-1AE997355043/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust" href="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust" style="font-size: 11px;">www.abs-cbnnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust"><P>BAGHDAD - Worried about the global financial meltdown? Here's a tip: try Iraq.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust">Stock markets across the globe may be tanking, but the Baghdad bourse is booming, with the general index of Iraq's stock exchange up by nearly 40 percent last month.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust">Brokers -- sweat stains spreading under their armpits -- wrote the latest stock prices on a wall of whiteboards, the Baghdad bourse's answer to computer screens.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust">Investors waved and made hand signals at the brokers working behind a low partition. Hotels and banks were the hottest picks among the exchange's 95 listed companies.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust">"People know the hotel stocks are undervalued ... They think that in the new year companies will come to Iraq and the hotel business will flourish," said investor Saad Jalil, adding that the bourse was the busiest he'd ever seen it.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abs-cbnnews.com/world/10/10/08/baghdad-bourse-booms-western-stocks-go-bust">The world banking crisis won't affect us, our market is sealed off from the outside. We don't even have electronic trading."</blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content6.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.daylife.com/photo/08p0e8sehRan8" href="http://www.daylife.com/photo/08p0e8sehRan8" style="font-size: 11px;">www.daylife.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daylife.com/photo/08p0e8sehRan8"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.daylife.com/img/D4825B3F-5CDB-4491-9201-03C8C8791655" alt="A trader uses a mobile phone during trading at the Iraq Stock Exchange in Baghdad November 25, 2007. At the Iraq Stock Exchange in Baghdad, prices have yet to fully recover from heavy losses they took after almost two years of sectarian bloodshed made trips to the bourse a risky venture. Taha Ahmed Abdul-Salam, the exchange&#039;s chief executive, said he hoped things would improve soon thanks to an electronic system set for launch early in 2008 to speed up transactions and make it easier for fo" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D7890CBB-2789-4223-9D84-1AE997355043/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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