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'Unsettling' defaults spur reform: DOT IG

Article Abstract:

Kenneth Mead, Transportation Department Inspector General recently told the Senate Commerce, Science and Transportation Committee that the Maritime Administration's (MARAD) Title XI loan-guarantee program experienced nine defaults in five years. According to a chart accompanying the article, MARAD paid out over $400 million to cover the defaults, but recovered less than $88 million. Mead stated that concern exists that additional defaults will occur given the current US economic recession.

Forecasts, trends, outlooks, Legislative Bodies, Commerce, Science & Transportation, Beliefs, opinions and attitudes, Defense industry, Defence industry, United States. Maritime Administration, Industry forecasts, United States. Congress. Senate. Committee on Commerce, Science and Transportation, Mead, Kenneth

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Thermobarics: "catchword" for new class of weapon

Article Abstract:

The author examines the use of a new type of explosive first used by U.S. forces in the U.S.-led invasion of Iraq. Topics include how explosives were used, planned weapon systems using new explosive, and military campaigns.

Explosives, Explosives Manufacturing, Weapons systems, Military campaigns, Iraq War, 2003-

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Container security initiative may expand to mideast

Article Abstract:

The author examines financing and planning proposed by U.S. Congress to protect U.S. ports from terrorist attacks using shipping containers.

Strategy & planning, General services, Justice, Justice, Public Order, and Safety Activities, Police Protection, Marine cargo handling, Ports, Terrorist Control, Security Mgmt-Kidnapping & Terrorism, Analysis, Planning, Safety and security measures, Law, Prevention, Security systems industry, Terrorism, Company business planning, Containers, United States. Department of Homeland Security

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