The Aftermath

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While Iraqis struggle to survive, and unemployment is up to 70% amidst the bloody occupation, foreign companies operating in Iraq are posting record profits. Halliburton saw an increase of 80% in revenues in the first financial quarter of 2004 compared to the same quarter last year. This is primarily due to their operations in Iraq, where the company received the lion’s share of reconstruction dollars from the US government.

Bechtel, recipient of the second largest amount of contract funding in Iraq, has seen a 158% increase in revenues generated outside of the US since last year, which pulled the company out of a slump in this sector.
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IslamOnline - Iraq... The Aftermath