From the Financial Times
By James Harding in Washington
Published: August 7 2003 22:03 | Last Updated: August 7 2003 22:03
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President George W. Bush has chosen a businessman who is a personal friend and a leading Republican fundraiser to rescue the failing Iraqi corporate sector.
Thomas C. Foley, a corporate turnround expert based in Connecticut, is due to fly to Baghdad next week to take charge of the privatisation and revival of Iraq's nearly 200 state-owned companies.
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The sense that US forces won the war but are losing the peace has eroded US public support for Mr Bush's decision to oust Saddam Hussein by force.
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As Mr Bush begins to campaign for re-election on a national security platform, administration officials and Republican strategists are eager to see a marked improvement on the ground in Iraq by the time American citizens go to the polls in just over a year from now.
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