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Jude Wanniski, via the coordin...,
2003-09-28 19:01:28
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Potomac, MD...,
2003-10-02 19:51:17
war is the health of a "favorable climate":
Lobbyists cited two key developments over the past two months that created a more favorable climate for U.S. businesses in Iraq.
The first was Bush's appointment of a prominent campaign supporter, Thomas Foley, as director of private-sector development in Iraq, in charge of the privatization of more than 200 state-owned industries, including mining, chemical, cement and tobacco companies. The second, more crucial development, was the Sept. 19 decision by U.S. administrator L. Paul Bremer to change Iraqi restrictions on foreign ownership of companies operating in Iraq. Bremer's new regulations will allow foreign firms to enter and even dominate such key economic sectors as banking and manufacturing, which had been barred to outsiders, and lifted other requirements for partial Iraqi ownership of other corporate activities.
:: posted by buermann @ 2003-10-02 13:51:48 CST |
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