Economy / Iraq
US Departure Necessary, But Risky
August 2010 | Risk SummaryAs the US army is gradually exiting Iraq, with the latest figures at the time of writing leaving around 50,000 troops in the country, we believe that there is an elevated risk that Iraq is not yet ready to effectively govern. Indeed, sporadic episodes of violence still occur across the country and the Iraqi parliament has not yet confirmed a leader following March's parliamentary elections. We believe that the reduction of foreign military presence may lead to a rise in militant-led violence, exploiting the lack of firm security and governance to prolong instability and further their own interests; which is
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