Engineering Standards

Engineering sets solid standards to transfer knowledge. Those standards are essential to clarify without ambiguity important information about the subject at hand, which might be confusing otherwise. Look at the following examples:

Units: These are standardized in the SI units. They need to be used. SI units can be used by themselves alone. If any other units are somehow used, then SI units should follow (between parentheses).

Numbers: Resolution is essential in numbers, and units should always follow.

Currencies: The country issuing the currency should be stated, then the name of the currency. They should always follow the value, except for the US $. In such case the US can be omitted, and that dollar is always American dollar.

Governance of IRAQ Resources Investment

Most capitalist countries are trying to push Iraq to finance the sustainable development activities of the country through external borrowing. This may be valid for countries that lack natural resources, such as Egypt, but for Iraq, it has huge oil resources reserves and does not need any borrowing, at least for the time being.

Iraq's population of 40 million is not large and most of it is youth under the age of 25. Iraq has managed to collect more than $60 billion dollars in hard currency, currently frozen in its sovereign fund. Many of Iraq's residents are relatively poor, but to put a clear picture of the general spending that Iraq practices, all of Iraq's forty million residents can eat lavishly for less than $3 billion annually at current prices. A huge percentage of the annual government income, most of which is generated from oil resources, is spent on financing non-productive government activities, inflated labor in the government sector in unsuitable locations, and support for pension funds and compensation for the families of martyrs, in addition to all activities of general government support in all fields. What remains of these resources, given the current sharp rise in prices all over the world, will not be enough to fund any future sustainable development.