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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (216355)1/29/2005 1:37:00 PM
From: Alighieri  Read Replies (1) | Respond to of 1578289
 
Halliburton to End Iran Operations



IRAQ
HALLIBURTON CO
GOVERNMENT CONTRACTS
HALLIBURTON CO IRAQ GOVERNMENT CONTRACTS



From Reuters

HOUSTON — Halliburton Co. will pull out of Iran after its current contracts there are wound down, its chief executive said Friday.

"The business environment currently in Iran is not conducive to our overall strategy and objectives," Chief Executive Dave Lesar said in a conference call.


The Houston-based company, formerly headed by Vice President Dick Cheney, has been criticized for its work in Iraq, where it is the largest private contractor with revenue totaling more than $10 billion.

The company is under investigation for possible overcharges for fuel and food services connected to its Iraq contracts.

Halliburton said in July that it had received a subpoena seeking information about operations in Iran of its Cayman Islands subsidiary, Halliburton Products & Services Ltd.

The company has argued that using a Cayman Islands subsidiary exempts it from a U.S.-imposed trade embargo against Iran, which is accused of seeking nuclear arms and funding terrorist networks.

Halliburton provided no details on when its current contracts in Iran would be completed or on the value of the work. The company generated about $80 million in revenue in Iran in 2003.



To: Road Walker who wrote (216355)1/29/2005 3:33:22 PM
From: tejek  Read Replies (1) | Respond to of 1578289
 
Sound familiar?

CIA report: American global dominance could end in 15 years.

By Fred Kaplan
Posted Wednesday, Jan. 26, 2005, at 2:48 PM PT


I think this is the height of irony.........while the rest of the world is moving ahead, we are pissing away our resources to bring democracy to the Iraqi masses.

ted



To: Road Walker who wrote (216355)1/29/2005 9:37:19 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1578289
 
JF, the CIA also said Saddam had WMD.

But I agree that America's global dominance won't last forever. The only question is how we face this inevitability.

Tenchusatsu