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Between April 2003 and June 2004, $12 billion in U.S. currency--much of it belonging to the Iraqi people--was shipped from the Federal Reserve to Baghdad, where it was dispensed by the Coalition Provisional Authority. Incredibly, at least $9 billion has gone missing, unaccounted for, in a frenzy of mismanagement and greed. Read More

TIME has obtained an incident report prepared by the U.S. government describing a fire fight Sunday in Baghdad in which at least eight Iraqis were reported killed and 13 wounded. The loss of life has provoked anger in Baghdad, where the Interior Ministry has suspended Blackwater's license to operate around the country. Read More

After one of his personal bodyguards was shot to death by a Blackwater USA security contractor last Christmas Eve, Iraqi Vice President Adil Abdul-Mahdi assured the U.S. ambassador that he was trying to keep the incident out of the public eye. Read More

A letter from activists opposing the Senate Energy Bill. It addresses the massive changes to S. 517 of the Energy Policy Act of 2002. Read More

Blackwater USA, an American contractor that provides security to some of the top American officials in Iraq, has been banned from working in the country by the Iraqi government after a shooting that left eight Iraqis dead and involved an American diplomatic convoy. Read More

Blackwater is back in the news again -- TIME Magazine's Adam Zagorin and Brian Bennett have copies of a document that show that the North Carolina private security company's employees shot and killed eight Iraqis in a firefight. Read More

The parents of Rachel Corrie, the US peace activist who was crushed to death four years ago in the then Israeli-occupied Gaza as she was protesting against the demolition of Palestinian homes, have been refused permission to sue the company which made the bulldozer that killed her. Read More

A preliminary Iraqi report says that Blackwater security guards needlessly fired at a car, killing a couple and their infant. Read More

Oil companies face a dilemma in Iraq over whether to wait for a new oil law which will give them a legal framework in which to operate or to sign agreements now with the Kurdistan Regional Government at the risk of sullying relations with Baghdad and the rest of the country. Read More