By Benny Morris (Author), Roger Owen (Editor), Edmund Burke (Editor), Michael C. Hudson (Editor), Walid Kazziha (Editor), Rashid Khalidi (Editor), Serif Mardin (Editor)
British defense giant BAE has agreed to pay the UK and U.S. governments almost $800 million in penalties after it finally admitted guilt in the face of long-running corruption allegations. The deal allows the company to avoid being placed on an international arms trade blacklist.