Archive - Oct 27, 2005

Headlines (5:00)
FOOD-FOR-OIL REPORT
Over 2000 companies have been implicated in wrongdoing during the Food for oil program. This, according to a report presented today at the United Nations. The program allowed the Saddam Hussein regime to sell oil in order to purchase humanitarian items during the years of economic sanctions. Today's report - the result of an exhaustive probe - found that the Hussein regime received approximately 1.8 billion dollars in kickbacks and surcharges during the Food-for-Oil program.

ISRAEL-IRAN TENSIONS