arms deal

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South African Leader Indicted for Corruption

Lawyer calls charges 'politically motivated'; party crisis intensifies

(Newser) - South African prosecutors hit a new ruling party leader with corruption charges today, threatening his shot at the presidency and risking a prolonged legal and political crisis, the Guardian reports. ANC leader Jacob Zuma was ordered to stand trial next year on charges including racketeering and fraud linked to a...

Italian Cops Bust Secret Iraqi Arms Deal

US kept in the dark as ministry ordered guns that might have outfitted militias

(Newser) - A secret transaction providing the Iraqi government with over $40 million worth of weapons was uncovered by Italian police investigating local Mafiosi, the Guardian reports. Without the knowledge of American military commanders, the Iraqi interior ministry had ordered 105,000 rifles from arms traffickers, ostensibly to supply police. Italian police...

Libya Clinches European Arms Deal
Libya Clinches European
Arms Deal
Aug 4, 2007 9:11 AM CDT

Libya Clinches European Arms Deal

Sarkozy yields to probe of ties to Gadhafi, Belgian nurses

(Newser) - Nicolas Sarkozy submitted yesterday to calls for an inquiry over the weapons and  nuclear technology deal just finalized with Libya, says the Financial Times. Sarkozy flew to Tripoli to shake on the deal last week, just days after Libya's release of six Bulgarian nurses. Under the agreement, Libya will buy...

Russia Reportedly Strikes Fighter-Jet Deal With Iran

(Newser) - Israel is investigating reports that Russia will supply Iran with $1 billion in long-range fighter jets and aerial fuel tankers, the Jerusalem Post says. Israeli officials say the pact could be a partial response to a billion-dollar US arms deal with Saudi Arabia and other Gulf states.

Bush Plans Huge Arms Deal With Saudis

Saudi role in Iraq complicates $20B deal

(Newser) - The White House is proposing a $20 billion arms sale to Saudi Arabia and five Gulf neighbors, despite increasing dismay over the Saudis' undermining the US-backed Iraqi government, the New York Times reports. The deal, likely to generate resistance in Congress, makes no demands for Saudi cooperation on Iraq; its...

US Will Share Nuke Fuel, Technology With India

Civilian deal reverses US precedent

(Newser) - The United States unveiled a plan today to share nuclear fuel and technology with India, upending decades of American non-proliferation strictures, the AP reports. The deal allows only civilian uses, but critics are concerned nonetheless about the specter of an Asian  nuclear arms race.

Saudi Prince Pocketed $2B in Arms Deal

British arms giant BAE said to have paid 'fees' to Bandar for 10 years

(Newser) - Prince Bandar of Saudi Arabia, the former Saudi ambassador to the US and a close friend of President Bush, allegedly accepted nearly $2 billion from the British arms giant BAE  in connection with an $86-billion arms deal. The Guardian claims the payments, made in $60-million increments over 10 years, through...

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