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[20] [21] Iraq is a federal parliamentary republic country. The president is the head of state, the prime minister is the head of government, and the constitution provides for two deliberative bodies, the Council of Representatives and the Council of Union. The judiciary is free and independent of the executive and the legislature. [22]
During the 1980s, the Dow increased 228% from 838.74 to 2,753.20; despite the market crashes, Silver Thursday, an early 1980s recession, the 1980s oil glut, the Japanese asset price bubble, and other political distractions. The index had only two negative years in the 1980s: in 1981 and 1984.
Thus, the presidential election is really an amalgamation of separate state elections instead of a single national election run by the federal government. Candidates must submit separate filings in each of the 50 states if they want to qualify on each state's ballot, and the requirements for filing vary by state. [30]
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