Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Gen. Odierno given command of U.S. forces In Iraq

Tue. September 16, 2008; Posted: 11:47 AM
Stocks RSS
(RTTNews) - Lieutenant General Ray Odierno took over the command of the 146,000-strong U.S. force in Iraq from General David Petraeus at a ceremony held on the outskirts of Baghdad on Tuesday.

Gen. Odierno, whom his predecessor termed as "the perfect man for the job," said he was aware of the tough task ahead in Iraq, despite a recent lull in violence.

Addressing a gathering after assuming the new responsibility, he said the recent security gains in the country are "fragile and reversible."

He called upon the Iraqi people to take charge, as "the struggle is theirs to win."

"Iraq is now a different country from the one I had seen first. However, we must realize that these gains are fragile and reversible," Odierno added.

U.S. Defense Secretary Robert Gates, who unexpectedly flew in Monday to attend the ceremony, said the two generals formed an "incredible team" while implementing the troop surge plan last year.

Presiding over the ceremony, Gates recalled the challenges faced by Gen. Petraeus in one of the most risky foreign security missions carried out by U.S. armed forces.

"Darkness had descended on this land. Merchants of chaos were gaining strength. Death was commonplace. Slowly, but inexorably, the tide began to turn. Our enemies took a fearsome beating they will not soon forget," Gates said.

He reminded Gen. odierno to be cautious at a "pivotal moment, when progress remains fragile."

Gen. Petraeus paid tribute to the American soldiers in the fight against terrorism in Iraq.

Gen. Petraeus, who successfully sought the "surge" of nearly 30,000 extra U.S. troops in Iraq, is widely credited with reducing violence there during his 20 months in command.

After putting him at the helm of the Multi-National Force - Iraq in February 2007, the Bush administration heavily relied on Gen. Petraeus in the implementation of its so-called surge strategy.

Since then, the security situation has improved markedly, with less violence and fewer deaths, and progress on both the political and economic fronts of the country.

Petraeus has subsequently been promoted to oversee operations in the Middle East, Afghanistan, and Central Asia.

He will take up the post as 'Commander-in-Chief of the US Central Command next month, working from its headquarters in Tampa, Florida.

U.S. President George W. Bush gave an upbeat assessment of the security gains made in Iraq in July, which witnessed the least number of US troop casualties in the country since the beginning of the war in 2003.

He also announced the shortening of tours of duty in the war-torn country.

Only thirteen U.S. soldiers were killed while in action in Iraq in July, which is a marked reduction from 137 deaths in November of 2004, the highest death toll reported during the five years of US fighting there.

The first half of 2007 was the most violent period of the entire war for the Americans, as 565 of their troops died. The trend has reversed since July last year, however, as the death toll never crossed three digits.

Bush said that he expects commanders in Iraq to suggest "further reductions in our combat forces, as conditions permit."

However, according to a report from the Government Accountability Office released in July, conditions in Iraq remain "volatile and dangerous."

After five years in Iraq, the U.S. military has suffered over 33,000 casualties, with more than 29,000 wounded and 4,000 dead.

Although the reduction in violence helped the Bush administration justify its persistent stand not to shift the focus from Iraq despite criticism, it remains engulfed by obstacles, including reaching a troops withdrawal deal with the Iraqi government, the battle for political control, and leaving a country without solving its civil strife.

It remains to be seen how self-sufficient the Iraqi forces will be in tackling security challenges once the U.S. forces leave the country.

Radical anti-American Shiite cleric Moqtada al-Sadr ordering his militant Mehdi army to lay down arms was a significant development in August. But recurring incidents of suicide bombings, the latest in Diyala province Monday killing 22 people, serve as a reminder that violence could easily escalate again in Iraq.

The big challenge for Gen. Odierno will be finding ways to stop that sort of violence at a time when the number of U.S. troops is being decreased.

Gen. Odierno, who served as deputy commander in Iraq for 15 months, echoed Gen. Petraeus's concerns about Iran, saying the Islamic Republic was the most serious long-term threat to Iraq.

In an interview with the BBC, Gen. Petraeus said he would never declare victory in Iraq and that the U.S. still faced a "long struggle" in that country.

For comments and feedback: contact editorial@rttnews.com Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.