new business opportunities

Convenience in Timing

Posted 12/5/08 at 8:01am by jamie

cutler3 Now that Baghdad is asserting their sovereignty and will be able to prosecute contractors who violate the law, Blackwater is looking towards new business opportunities:

The private security firm Blackwater is planning to offer a new service to make money: protection from the pirate-infested waters off the coast of East Africa. “Blackwater’s push to land its first antipiracy contract is part of a strategy to build its business outside its State Department security work in Iraq, which brings in between $300 million and $400 million a year.” The security company may be looking for new lucrative opportunities partly because the Iraqi government has now ratified a law stripping Blackwater contractors of immunity. Indeed, Blackwater spokeswoman Anne Tyrrell noted the legal benefits of operating in the open sea: “We would be allowed to fire if fired upon; the right of self-defense is one that exists in international waters.”~~lt;/p>

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