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Sir Malcolm has been a fierce critic of the war, but an investigation into his financial interests shows his share options in a private security firm are rocketing in value as the company wins new contracts while the insurgency in Iraq continues. Read More

CACI International Inc., the Arlington-based defense contractor that attracted controversy when an employee was accused of participating in the Abu Ghraib prison abuses, is getting out of the interrogation business. Read More

A military contractor returning from Iraq was charged yesterday with distributing identity badges that control access to Baghdad's heavily fortified Green Zone to people not allowed to receive them, including an Iraqi woman he was dating. Read More

In April, Najaf's main maternity hospital received rare good news: an $8 million refurbishment program financed by the United States would begin immediately. But five months and millions of dollars later, the hospital administrators say they have little but frustration to show for it. Read More

The environmental group Greenpeace International says it took the action this morning because British Petroleum's (BP) Northstar Development will fuel global warming and open the Arctic to offshore oil expansion. Read More

It looks as if history will judge Mahathir to have been the wiser of the two owls. The U.S. military is enmeshed in a vicious insurgency and there may be no way out - except, in fact, to get out, outright. Read More

U.S. defence contractors are riding high these days, buoyed by rising Pentagon spending on the wars in Iraq and Afghanistan as well as the high cost of homeland security in the U.S.-declared war on terror. The fiscal 2006 defence budget is set to climb to 441 billion dollars, an increase of 21 billion dollars over 2005. It envisions an additional 50 billion dollars for the wars in Iraq and Afghanistan. Read More