Iraq's 'Kalashnikov Index'

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As Iraq "sinks ever deeper into chaos," reports Germany's Der Spiegel, "there is only one business that continues to boom: the weapons trade. The daily fluctuating price for arms, know here as the 'Kalashnikov Index,' is considered by many Iraqis as the most reliable indicator of what the future may bring." Prices remain high in expectation of more conflict.

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