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:: 4.26.2003 ::
:: War & Iraq ::
From The Guardian UK:
American to oversee Iraqi oil industry
The US is preparing to install an American chairman on a planned management team of the Iraqi oil industry, providing further ammunition to critics who have questioned the Bush administration's agenda in the Middle East.
The administration is planning to structure the potentially vast Iraqi oil industry like a US corporation, with a chairman and chief executive and a 15-strong board of international advisers.
UN heads for new rift over Iraq role
The Bush administration is preparing a draft security council resolution that would reduce the United Nations to a marginal role advising the US on running Iraq until the creation of a new government, diplomats and administration officials said yesterday.
The document is likely to provoke another serious split in the security council when it is presented, as early as next week. It represents another defeat for Tony Blair and his attempt to push the US towards a more multilateral approach to solving postwar problems.
One of the key issues in the debate will be control over Iraq's oil revenues. Under the resolution international organisations - possibly including the International Monetary Fund and World Bank - would sit on an advisory board.
However, day-to-day operations would be managed by a former Shell Oil executive, Phillip Carroll, according to the Wall Street Journal yesterday.
posted by me
:: 10:43:00 AM [+] ::
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