The U.S. Army will pay $1.8 billion to a Halliburton subsidiary for dining services in Iraq and Kuwait but retain $55 million out of about $200 million in payments suspended during a long-running billing dispute. Read More
Companies with billions of dollars of U.S.-funded projects are seeking to recruit new Iraqi sub-contractors and international companies are encouraged by signs of declining violence in Iraq, but red tape and graft could offset the improved security situation, executives taking part in a huge reconstruction expo said on Monday. Read More
"The ministries with big cash, the Water Ministry, Electricity Ministry, Housing Ministry, Oil and Gas Ministry, Education Ministry, they are the guys with big money," project manager for Rebuild Iraq 2005 Fadi Kaddoura said. Read More
The Afghan government accused western aid agencies of hindering the growth of local firms and squandering billions of pounds earmarked for reconstruction efforts in the country. Read More
The head of a five-member Kuwaiti investigative committee said the U.S. military and Halliburton have failed to fully cooperate in the investigation of a contract for fuel deliveries to Iraq. "We sent them a letter to clarify some points, but we have not received an answer for three months," he said. Read More
But what happened to Dennis Moore and his colleagues in 18 harrowing hours underscores some of the missteps that have hindered efforts to rebuild Iraq. Since last April, instability throughout the country has forced RTI and many other contractors to scale back their work, sowing even more disillusionment among Iraqis. Read More
When Paul Bremer, fresh from Kissinger Associates, first arrived in Iraq, the Coalition Provisional Authority made a lot of changes other than just disbanding what was left of the Iraqi army. He annulled all of Saddam Hussein's rules and regulations overseeing the Iraq economy, except one: He kept Saddam's laws banning labor unions. Read More
A man with ties to New Mexico working in Iraq as a security coordinator for a subsidiary of Halliburton was severely beaten last week by a group of fellow employees reportedly called the "Redneck Mafia." Read More