Iraqis shop in a Baghdad market back in September. The country is facing severe econoimc problems as the government wages war against ISIS at a time of falling oil revenue. Millions of Iraqis have been driven from their homes, and the country faces huge rebuilding costs in cities damaged by previous fighting. Karim Kadim/AP hide caption

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Parallels

Iraq Faces A Perfect Economic Storm

Iraq's government is waging a costly war with the Islamic State while dealing with falling oil prices, millions of displaced citizens and staggering rebuilding costs.

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Civilians are loaded in a truck to be taken to safe places Thursday as Iraqi security forces clear the Soufiya neighborhood of Islamic State fighters in central Ramadi, 70 miles west of Baghdad, Iraq. Khalid Mohammed/AP hide caption

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Iraqi security forces and allied Sunni tribal fighters evacuate an injured woman after she was shot by the Islamic State in Ramadi on Jan. 4. Iraqi forces have pushed ISIS out of much of Ramadi, but daily fighting is still taking place in the southeast part of the city, where ISIS is using civilians as human shields, according to the Iraqi military. Uncredited/AP hide caption

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Prices, as seen at a gas station in Woodbridge, Va., on Tuesday, are 21 cents a gallon cheaper than this time last year. The drop violates the historic rule that tension such as that currently between key producers Saudi Arabia and Iran causes the cost of a barrel of oil to rise. Saul Loeb/AFP/Getty Images hide caption

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A member of Iraq's elite counterterrorism service flashes the "V" for victory sign Tuesday in Ramadi, the capital of Iraq's Anbar province. Iraq's prime minister says the extremist group will be pushed out of Iraq in 2016. Ahmad Al-Rubaye/AFP/Getty Images hide caption

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Iraqi Prime Minister Haider al-Abadi (center) attends a funeral for two generals killed in fighting with Islamic State militants in Ramadi, west of Baghdad, in August. In an interview Monday with NPR, the Iraqi leader called on the U.S. to provide more airstrikes but said his country does not want ground forces from the U.S. or any other country. AP hide caption

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