Dozens of people have been killed and at least 53 are wounded following two bomb blasts in the Iraqi capital, Baghdad. According to police officials and the Interior Ministry, two cars bombs explosed on Sunday morning at the Trade Bank of Iraq, which is one of the country's most active financial institutions. It comes a week after an assault by suicide bombers on Iraq's Central Bank claimed the lives of 18 people. There are now fears of increasing violence as militants try to exploit a political vacuum after a March election that produced no clear winner and no new government so far. Baghdad security spokesman Major General Qassim al-Moussawi said the attack on the Trade Bank involved two suicide bombers in cars, who drove at the main gate of the bank and blew up when they struck blastwalls.