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Overview: The article is reporting on the revival of a shelved Pentagon plan to create a market allowing traders to bet on the likelihood of political and economic events in the Middle East. Types of events could be whether or not “Iraqi oil exports will exceed 2 million barrels a day during the third quarter of 2004.” Thesis: The importance of futures markets to predict events such as election results, weather patterns, and other complex events. Evidence: · It's a way of going directly to individuals in the region or outside who have knowledge or interest in the political and economic events in the area.
Approximate Word count = 398 Approximate Pages = 1.6 (250 words per page double spaced)
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