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More Iran predictions

January 30, 2005 ( politics )

US energy services company Halliburton is to end its operations in Iran after existing contracts come to an end.

Several American firms have been able to legally work in the country in the face of a US trade embargo, through foreign subsidiaries.

Halliburton, once run by US vice president Dick Cheney, said its Cayman Island unit secured revenues of $30m-$40m (£16-£21m) from Iran in 2003.

It said it was winding down its work due to a poor business environment.


--BBC

Yeah, the US planning to invade and severely screw up the country is considered by many to be a "poor business environment."

Now -- immediately after that invasion... I hear business can really clean up on gouging the gov't and military through no-bid underhanded contracts. I mean, just look at Halib...oh, right.

Posted by griffjon at January 30, 2005 09:59 PM

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