Privatization & Procurement
Spain will inject emergency capital into the country's biggest ailing bank, Bankia, as it puts into place reforms to allow loss-making banks to receive eurozone bailout money.
Mike Furlong, a top Pentagon official, is alleged to have hired a company called International Media Ventures to supply information for drone strikes and assassinations in Afghanistan and Pakistan, according to a complaint filed by the CIA and revealed by the New York Times on March 15.
The decision of the giant engineering company Bechtel to withdraw from Iraq has left many Iraqis feeling betrayed. In its departure they see the end of remaining hopes for the reconstruction of Iraq.
The U.S. military has hired private companies at a cost approaching $1 billion to help dispose of Saddam Hussein's arsenal in Iraq. That spending has created fierce competition for specialized workers that's draining the military's ranks of explosives experts. Experienced military explosives specialists can earn $250,000 a year or more,
The proposed Washington County Growth and Conservation Act would sell up to 40 square miles of federal land and use the proceeds to finance a multimillion-dollar water pipeline and other local projects. Utah Republican Sen. Robert F. Bennett and Democratic Rep. Jim Matheson are expected to introduce the bill in coming weeks. Waiting in the wings are nearly a dozen similar bills for counties in Utah, Idaho, Nevada and New Mexico where population pressure is fueling the demand for more developable land.
An environmental lawsuit filed by a Philippine province against Placer Dome Inc., Canada's second- largest gold producer, may not damp overseas investments in Philippines mining industry, a government official said.
German police clashed with hundreds of protesters in the port of Rostock on Saturday following a much larger peaceful demonstration against the Group of 8 summit meeting next week in a nearby Baltic resort.
Evergrande Real Estate Group, now mired in debt, has become a symbol of China's go-go era of investing, when international bankers, private equity deal makers and hedge fund managers from Merrill Lynch, Deutsche Bank and others rushed here hoping to cash in on the world's biggest building boom.
Two private military contractors are being investigated for their role in torture allegations at the Abu Ghraib prison, Iraq: CACI from Arlington, Virginia, and Titan of San Diego, California.