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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (19339)	12/22/2004 3:15:58 PM
From: mishedlo	Read Replies (3) of 116555

Looks like the pay in Iraq is just not good enough Los Angeles Times December 22, 2004 THE CONFLICT IN IRAQ U.S. Contractor Pulls Out of Reconstruction Effort in Iraq By T. Christian Miller, Times Staff Writer WASHINGTON — For the first time, a major U.S. contractor has dropped out of the multibillion-dollar effort to rebuild Iraq, raising new worries about the country's growing violence and its effect on reconstruction. Contrack International Inc., the leader of a partnership that won one of 12 major reconstruction contracts awarded this year, cited skyrocketing security costs in reaching a decision with the U.S. government last month to terminate work in Iraq. <snip> www.latimes.com/news/nationworld/iraq/la-fg-pullout22dec22,0,5578961.story?coll=la-home-headlines

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