Gulf Keystone Petroleum is facing a legal battle over its Iraqi oil fields, after an advisory company run by a former US special forces officer filed a claim for up to 30pc of its lucrative reserves.
The £1.25bn AIM-listed explorer saw its share price dive 17 to 167½p after disclosing that it is strongly contesting a suit filed 12 days ago in London’s Commercial Court. It has also been hit with a request for arbitration proceedings in New York.
War Glance
An al-Qaida linked group has claimed responsibility for the killing of an Iraqi police commander in a raid by three suicide bombers who stormed a security building in Mosul.
The Army's official history of the battle of Wanat - one of the most intensely scrutinized engagements of the Afghan war - largely absolves top commanders of the deaths of nine U.S. soldiers and instead blames the confusing and unpredictable nature of war.
Citing evidence that Taliban insurgents have expanded their reach across Afghanistan, aid groups and security analysts in the country are challenging as misleading the Obama administration's recent claim that insurgents now control less territory than they did a year ago.
Private military and security companies (PMSC) are the modern reincarnation of a long lineage of private providers of physical force: corsairs, privateers and mercenaries. Mercenaries, which had practically disappeared during the 19th and 20th centuries, reappeared in the 1960s during the decolonization period, operating mainly in Africa and Asia. Under the United Nations, a convention was adopted which outlaws and criminalizes their activities. Additionally, Protocol I of the Geneva Conventions also contains a definition of mercenary.
As American commanders meet this week for the Afghanistan review, Obama is hiring military contractors at a rate that would make Bush blush. Tim Shorrock on the Blackwater heirs. Top U.S. commanders are meeting this week to plan for the next phase of the Afghanistan war. In Iraq, meanwhile, gains are tentative and in danger of unraveling.





























