Earlier today Secretary of State Gen. Colin Powell made a surprise visit to Iraq to meet with Iraq’s unelected president Ghazi al-Yawer and U.S. Ambassador John Negroponte. Yesterday Powell met with Prime Minister Allawi in Saudi Arabia.

Audit: CPA Can’t Account for $1B in Iraqi Revenue
A new audit by the U.S. government has found that the Coalition Provisional Authority can not account for nearly $1 billion of Iraqi revenue that was supposed to be spent on reconstruction projects. The report marks the first formal audit of contracting procedures for the now disbanded CPA..