Friday, July 29, 2005

Bloomberg.com: Top Worldwide

Bloomberg.com: Top Worldwide: "July 29 (Bloomberg) -- The U.S. reconstruction of Iraq's oil and electricity systems failed to lift energy production above pre-war levels as of May of this year, the U.S. Government Accountability Office said in a report.

Some funds intended for power system reconstruction have had to be diverted ``to meet immediate needs in security and economic development and to fund smaller, more visible reconstruction projects,'' the congressional agency said in a report released yesterday."

Stating the obvious.

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