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Lima Charlie News Business Reports

Military Industrial Simple

A two decade taxpayer-subsidised merger & acquisition spree has turned the Military Industrial Complex into something that would be totally unrecognizable to President Dwight D. Eisenhower.   In 2017, Lockheed accrued $35 billion in defense… Keep Reading

Image Texas Oil Boom Causes Headaches [Lima Charlie News][Photo: Marie D. De Jesus]

Texas Oil Boom Causes Headaches

In spite of increasing oil production, U.S. oil businesses are struggling due to lack of infrastructure and uncertain international conditions. 2018 was the year US domestic oil production was supposed to hit its true stride.… Keep Reading

Image Iraq oil production threatened by growing unrest [Lima Charlie News] (AP Photo)

Iraq oil production threatened by growing unrest

Rising unemployment, lack of essential services and security concerns have caused civil unrest in Iraq’s southern areas. A growing number of protestors, amid a violent government response is now threatening local stability and oil production.… Keep Reading

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