Benjamin Lowy
EDITORIAL: IRAQ: Kurdistan
Situated on vast untapped oil fields, Kurdistan has the resources to become one of the most prosperous regions in the Middle East. As a major economic power in Iraq, Kurdistan has the lowest poverty rates and highest standard of living in Iraq. It is the most stable and secure region of Iraq where not a single coalition soldier or foreigner has been killed, wounded or kidnapped since the 2003 invasion of Iraq. But local Kurdish leaders and the Iraqi governmet in Baghdad are in a deadlock over the rights of ownership, as the imminent announcement of contracts to begin pumping oil from the region cause ethnic tensions to rise.
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