Iraq's oil wealth eludes the poor

Ordinary Iraqis say benefits of billion-dollar oil deals not reaching them.



    The Iraqi government has been busy signing a series of billion-dollar deals with major international oil companies who are attempting to gain access to Iraq's vast oil wells.

    But in poverty-stricken areas of the oil-rich southern city of Basra, residents say they have not seen any of the wealth generated by the deals.

    Instead, they have complained of widespread unemployment, frequent power outages and wells filled with septic water.

    Owen Fay reports.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The great plunder: Nepal's stolen treasures

    The great plunder: Nepal's stolen treasures

    How the art world's hunger for ancient artefacts is destroying a centuries-old culture. A journey across the Himalayas.