Reports

The international financial institutions (IFIs), particularly the International Monetary Fund (IMF) and the World Bank, but also including the regional development banks such as the Asian Development Bank and the Inter-American Development Bank, have come under unprecedented criticism in the United States.
Not since anticommunism was used to excuse the arming and training of repressive governments during the cold war has there been such a broad, fail-safe rationale to provide military aid and arms to disreputable foreign militaries.
President Bush’s military budget increase and the war time “unity” on Capitol Hill have created an environment in which weapons makers can enjoy the best of both worlds—continuing to make money on the weapons systems of the cold war while reaping the benefits of a war time bonanza of new defense contracts.
ith its enormous oil wealth, large agricultural base, and population of over 20 million, Iraq has long been considered one of the most important countries in the Arab world.
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