SERBIA: One-Dollar Steel Mill Exposes Cracks In Privatisation
In 2003, U.S. Steel bought up the bankrupt Sartid steel mill in the eastern Serbian town of Smederevo for $33 million, the first private enterprise to enter the country after the downfall of former...
View ArticleARCTIC: Shell Launches Preemptive Legal Strike For Ocean Drilling
Royal Dutch Shell launched an extraordinary preemptive legal strike Wednesday against opponents of offshore oil drilling in the Arctic Ocean, filing suit against more than a dozen environmental...
View ArticleWORLD: Top Hedge Fund Managers Took Home $13 billion In 2011
The top 40 highest-earning hedge fund managers took home a combined $13.2 billion, according to a Forbes magazine survey. The top 10 hedge fund managers made more than $200 million each, while the...
View ArticleU.S.: Will Wall Street Ever Face Justice?
Four years after the disintegration of the financial system, 24 million people jobless or underemployed. Yet claims of financial fraud against companies like Citigroup and Bank of America have been...
View ArticleU.S.: MF Global Criminal Probe Said to Slow After Quick Start
U.S. investigators of bankrupt MF Global Holdings Ltd. have yet to determine after four months of probing whether enough evidence exists to pursue a criminal case. The company collapsed after a $6.3...
View ArticleLIBERIA: Land deals with foreign firms 'could sow seeds of conflict'
Land deals with foreign firms in Liberia 'could sow seeds of conflict'says a new report from the Centre for International Conflict Resolution (CICR) at Columbia University in New York. The report...
View ArticleINDIA: Camera Obscura and the manufacture of happiness
An advertisement flooding airwaves across India would have you believe that a company called Vedanta is a creating a product called happiness. But London-based Vedanta Resources has attracted the ire...
View ArticleINDIA: Supreme Court to Hear Dispute on Drug Patents
A Swiss drug company, Novartis, will go before the Indian Supreme Court this monnth to fight patent laws that protect the global supply of inexpensive medicines to treat AIDS, cancer and other...
View ArticleUK: GlaxoSmithKline chief's pay package more than doubles to
GlaxoSmithKline boss Sir Andrew Witty's pay package more than doubled to
View ArticleSPAIN: Euribor Under Scrutiny by People's Campaign
Two Spanish lawyers have launched a campaign on social networking sites to prise out information about Euribor, the reference interest rate used for calculating mortgage payments in Spain, and to draw...
View ArticleU.S.-E.U.: WTO rules Boeing got $5B in illegal US subsidies
The World Trade Organization ruled that U.S. planemaker Boeing received $5.3 billion in illegal government subsidies over a quarter-century. Airbus and Boeing have both complained to the WTO that the...
View ArticleU.S.: Is MF Global Getting a Free Pass?
During the final, desperate days before it entered bankruptcy proceedings, MF Global executives took money from segregated customer accounts
View ArticleEUROPE: Spain Sets Up 'Bad Bank' to Buy Toxic Real Estate
Spain will inject emergency capital into the country's biggest ailing bank, Bankia, as it puts into place reforms to allow loss-making banks to receive eurozone bailout money.
View ArticleArch Coal Wants Permission to Blow Up West Virginia Mountain
A subsidiary of Arch Coal of St. Louis, Missouri, wants permission to dump nearly three billion cubic feet of dirt into local headwater streams after blowing up a mountain in West Virginia. The object...
View ArticleIs The U.S. Military Too Reliant On Contractors?
In war zones, private contractors can outnumber U.S. troops, but who controls them? NPR's Rachel Martin speaks with Stanford's Joseph Felter and journalist Pratap Chatterjee about current safeguards.
View ArticleSubsidizing Contractor Misconduct: Rodney's Story
Rodney Bridgett was killed when a piece of Tyson Foods
View ArticleSubsidizing Contractor Misconduct: Calvin's Story
Calvin Bryant was crippled in a Imperial Sugar plant explosion in Savannah, Georgia, that also killed 14 of his co-workers. In a new CorpWatch investigation into federal contractors who win millions in...
View ArticleARCTIC: Shell Launches Preemptive Legal Strike For Ocean Drilling
Royal Dutch Shell launched an extraordinary preemptive legal strike Wednesday against opponents of offshore oil drilling in the Arctic Ocean, filing suit against more than a dozen environmental...
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