__George Soros Launches 'Iraq Revenue Watch'
"In an effort to ensure that Iraqi oil revenues are managed in a transparent manner, Open Society Institute Chairman George Soros has launched a new initiative called Iraq Revenue Watch. Iraq Revenue Watch will monitor Iraq's oil industry to ensure that it is managed with the highest standards of transparency and that the benefits of national oil wealth flow to the people of Iraq. Iraq Revenue Watch complements existing Open Society Institute initiatives that monitor revenues produced by the extractive industries. In many parts of the world, the lack of proper stewardship over oil resources has resulted in corruption, the continued impoverishment of populations, and abuses of political power. By prompting governments to tackle these problems early, before U.S. management of the Iraqi oil industry becomes a reality, the Open Society Institute hopes to help Iraq avoid this plight."
http://www.iraqrevenuewatch.org