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Academi, formerly known as Blackwater and Blackwater Worldwide, is an American private military contractor founded on December 26, 1997, [2] by former Navy SEAL officer Erik Prince. [ 3 ] [ 4 ] It was renamed Xe Services in 2009, and was again renamed to Academi in 2011, after it was acquired by a group of private investors. [ 5 ]
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]
Blackwater Worldwide described McArthur as a multipurpose maritime vessel designed to support military and law enforcement training, peacekeeping, and stability operations around the world. [12] In October 2008, it offered McArthur ' s services to shipping companies, seeking contracts to escort merchant ships in waters off Somalia to provide ...
Alfred Clark was a founder of the private security firm Blackwater, along with Erik Prince. They created Blackwater in 1997 as a business for assuming some of the roles once played by the public sector military, most notably providing security for American and British officials in the Iraq War. Clark joined the United States Navy in 1983 and ...
The book details the rise of Blackwater USA, a private military company, and the growth of security contracting in the Iraq War and the War on Terrorism.In the book, Scahill contends that Blackwater exists as a mercenary force, and argues that Blackwater's rise is a consequence of the demobilization of the US military following the Cold War and its overextension in Iraq and Afghanistan.
Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
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Frontier Services Group (FSG) is a Chinese partially state-owned Africa-focused security, aviation, and logistics company founded and led until April 2021 by Erik Prince, the former head of Blackwater Worldwide. [2] Prince has described FSG's main corporate mission as helping Chinese businesses to work safely in Africa.