Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (63970)	5/19/2005 3:26:32 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Oil down to 47? Iraqi Oil Ministry official gunned down Thursday, May 19, 2005 Posted: 0634 GMT (1434 HKT) BAGHDAD, Iraq (CNN) -- An official from Iraq's Oil Ministry was gunned down Thursday morning in western Baghdad, police said. Gunmen killed Dr. Ali Hameed about 8 a.m. (midnight EDT), police said Meanwhile, an audio file thought to be from the most-wanted man in Iraq, Abu Musab al-Zarqawi, says religious doctrine justifies the killing of innocent Muslims by insurgents. (Full story) More than 400 Iraqis have been killed during the three weeks since the formation of Iraq's new transitional government, and insurgents, who once favored roadside bombs, are using more car-borne devices. In May there have been 21 car bombings, mostly suicide attacks, in Baghdad and nearby. By contrast last year in the same area, fewer than half the attacks were car bombings. In one recent car bombing investigators found a foot duct-taped to the accelerator pedal. Intelligence suggests some drivers were unaware their cars were loaded with explosives when they were remotely detonated. The military also theorizes some drivers have been forced at gunpoint into car bombings or that the drivers' families have been threatened with kidnapping. In its quest to quell the spate of bombings, the U.S. military hunted for insurgents near Syrian border towns on the Euphrates River last week. The military estimated that more than 125 insurgents were killed and 39 other suspected fighters were captured. Nine U.S. Marines died in the fighting, the military said. Several of people identified as al-Zarqawi aides have been captured in the past month, including a man named Ammar al-Zubaydi (also known as Abu Abbas). The military said last week al-Zubaydi was responsible for a string of car bombs in the Baghdad area on April 29. On that day, 12 explosions were reported in eight areas of the capital within a matter of hours. The Associated Press reported that al-Zarqawi's group also released a statement claiming responsibility for Wednesday's drive-by killing of police Brig. Gen. Ibrahim Khamas in Baghdad. CNN's Enes Dulami contributed to this report.