The man who was once US vice president Dick Cheney’s closest adviser is facing up to 25 years behind bars after being convicted of lying and obstructing a media leak investigation that shook the top levels of the Bush administration.

THE Pentagon is setting up a commodity market-style trading system in which investors would be able to bet on political and economic events in the Mideast – including the likelihood of assassinations and terrorist attacks.

The Pentagon is setting up a commodity market-style trading system in which investors would be able to bet on political and economic events in the Middle East – including the likelihood of assassinations and terrorist attacks.