Airlines awarded $1 billion in military contracts since October
NEW YORK (AP): COMMERCIAL AIRLINES have been awarded more than $1 billion in military contracts since October as the war in Iraq increased demand for transporting troops, supplies and humanitarian goods to the region, military officials said yesterday..
IMF forecasts weak global recovery due to Iraq war
WASHINGTON (AP): THE GLOBAL economy will experience slower-than-expected growth this year because of the Iraq war, and if the conflict does not end quickly the consequences could be much more serious, the International Monetary Fund said yesterday.
Stocks trade worsens as US military advance
NEW YORK (AP): WALL STREET pulled back Wednesday after investors' elation about a quick end to the war with Iraq dissolved into concerns about corporate profits. Stocks tumbled sharply with the Dow Jones industrials forfeiting 100 points.
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