Has Europe done the impossible and helped itself to a free lunch? That's certainly what it looks like, to judge by the performance of equity, currency and fixed income markets following the EU's €750 billion rescue plan. A relief rally sent shares rocketing across the world, led by an almost unbelievable 20% surge in European stocks. Rescued government bonds rallied as central banks threw themselves into quantitative easing. And the euro recovered much of the ground it lost when, during the past couple of weeks, investors thought the currency was heading towards extinction. Was Milton Friedman wrong? Or maybe this lunch isn't really free? The notion that these rescues are costless, which took hold following the wave of fiscal and monetary policy actions put in place following themaintained
secret prisons. It was only through external pressure and training by the U.S.
and its allies, an independent Interior Minister, and a strong Iraqi general
that the Federal Police was reformed. Today the situation is the reverse with
Iran pushing militias to the fore, and an Interior Minister connected to the
armed groups as well making the transformation of these organizations into a
national security force all the harder.

Interior Minister Naqib created the 1st police commando units (AP)

The Iraqi police were in chaos after 2003 and the Americans
did little to remedy the situation. After the overthrow of Saddam Hussein the
police were largely ignored
by the United States. It didn’t give the time or resources to rebuild the force
even though they were crucial to restoring law and order in the country.
Attacks by both insurgents and