As this week's Newsletter goes to press, Prime Minister Nouri al-Maliki has started the bargaining to form a new government following his success in getting the most seats in the recent elections, albeit falling far short of a majority.
A similar process after the last election four years ago took nearly a year to complete, but some believe that this time there is already a basis for agreement founded on the coalition that has led the country since then. This may prove difficult in practice, however, as some even within his own block are opposed to giving Maliki a third term in office.
One possible contender from within his own cabinet is said to be Oil Minister Hussain al-Shahristani, although his chances are not helped by his fractious relationship with the regional government in Erbil.
In all likelihood we are looking at months rather than weeks before this is resolved, but in the meantime business goes on, and as always you can keep up to date with all the latest developments with Iraq Business News.
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