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The prospect of supplying the nation with the world's fifth-largest military budget is enough to make any European defense contractor take notice. Beijing's defense outlay has been growing by 10% to 12% a year for the past decade, to an estimated $151 billion.
Read MoreFranklin Willis, a former official with the Coalition Provision Authority, told the Senate Democratic Policy Commmittee that after the fall of Saddam Hussein, Iraq was "like the Wild West -- awash in $100 bills." One contractor, Custer Battles, was paid with $2 million in fresh U.S. bills, stuffed into a gunnysack, he said.
Read MoreA U.S. State Department official said that Washington had earmarked $35 million to recruit and train a new army in Liberia and Dyncorp was ready to start the project within the next few weeks.
Read MoreIn this 50-mile-long stretch of rural India west of Hyderabad, the country's fifth largest city, almost 40 percent of the country's bulk pharmaceuticals are produced (a large proportion of them for export). The progress the the people of Digwal have made in protecting themselves against the industry's wastes puts them in a league of their own.
Read Morejust two weeks after an audit by the special inspector general for Iraqi reconstruction found inadequate oversight of unauthorized contracts and a loss of $9 billion in Iraqi funds, a witness told Democrats on Capitol Hill said key decisions by the Coalition Provisional Authority in Iraq enabled contractors to bilk billions in reconstruction funds.
Read MoreMonsanto's announcement of their plans to purchase Seminis, the largest fruit and vegetable seed producer in the world, was quickly followed by a statement that Monsanto does not intend to apply biotech to develop these seeds - at least not yet. This is a curious assertion from a dominant biotech company.
Read MoreAmerica and its key ally Saudi Arabia are being accused of quietly seeking to muzzle al-Jazeera, the Arab satellite news station that has often incurred Washington's ire for its coverage of Iraq and President George Bush's "war on terror".
Read MoreU.S. officials in postwar Iraq paid a contractor by stuffing $2 million worth of crisp bills into his gunnysack and routinely made cash payments around Baghdad from a pickup truck, a former official with the U.S. occupation government says.
Read MoreFormer associates say Ryan Manelick had told Army investigators looking into a fellow contractor's disappearance that large sums of money were being paid in kickbacks to a U.S. Army officer in Iraq in return for doling out lucrative contracts. Two months later Ryan Manelick was shot dead.
Read MoreThe Army Corps has set aside as much as $1.47 billion for explosives-demolition contracts with 10 private companies. Neither Zapata Engineering nor the Army Corps of Engineers would reveal exact salaries, but the first one-year contract the company received in September 2003 totaled $3.8 million for five management positions in Iraq.
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