WITH the possibility of escalating violence in
The stock market and oil prices were rattled late last week after violence in the nation escalated as a Sunni insurgency against the government heats up. A continued escalation of the conflict could result in a civil war and a possible break-up of the country.
Escalation doesn't necessarily mean investors will flock to defence stocks solely on expectations they will see a revenue boost as a result of an increase in new government contracts.
Americans are wary of getting reinvolved in the fighting in
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