The Economist explains that much good work has been done in building the Iraqi banking system; there are even private banks. This is the necessary condition of, among other things, foreign investment coming in. The Washington Post reports on a poll of Iraqis, the first survey since the new Iraqi government was announced, is very good news: "73 percent of Iraqis polled approved of Allawi to lead the new government, 84 percent approved of President Ghazi Yawar and almost two-thirds backed the new Cabinet. These impressive showings indicate that the new leaders have support spanning ethnic and religious groups, U.S. officials said." Also note that this overview of the Iraqi economy from the Council on Foreign Relations shows that the economy is on the rebound. The CPA announced a few days ago that all the ministries will be in the control of Iraqis by today, although I havent seen any news reports on it yet.