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CorpWatch Exclusives : Displaying 400-419 of 837


Green Tribunal Weighs Multinational Projects in India
by Pratap ChatterjeeCorpWatch Blog
April 9th, 2012
Two controversial multinational projects in Orissa, an eastern Indian state, face high level decisions in the next few weeks: a bauxite mine in the Niyamgiri hills planned by Vedanta of the UK and an iron and steel refinery in Jagatsinghpur being developed by POSCO of South Korea.

Renewable Energy Projects Generate Opposition in Puerto Rico
by Carmelo Ruiz-MarreroCorpWatch Blog
April 8th, 2012
Puerto Rican citizen groups are protesting two renewable energy projects: a 30 megawatt solar energy project in Yabucoa by Western Wind Energy corporation from Vancouver and a 75 megawatt windmill array in Santa Isabel by Pattern Energy of San Francisco. The reason: these projects will threaten scarce farm land on the food dependent island.

Mining Maverick Resigns from Rainmaking at JP Morgan
by Pratap ChatterjeeCorpWatch Blog
April 5th, 2012
Ian Hannam, a senior JP Morgan banker and ex-soldier, who helped finance a number of flamboyant and controversial mineral extraction projects from India to Tanzania over the last couple of decade, has resigned, after being fined $720,000 for insider trading by the UK Financial Services Authority.

Chiquita Banana To Face Colombia Torture Claim
by Pratap ChatterjeeCorpWatch Blog
March 30th, 2012
Chiquita, the global banana producer, was ordered to face a federal court over their role in paying off right wing death squads in Colombia that are alleged to have used “random and targeted violence” against villagers in exchange for financial assistance and access to Chiquita’s private port.

Fracking South Africa
by Pratap ChatterjeeCorpWatch Blog
March 29th, 2012
The Karoo desert in the Western Cape region of South Africa is threatened by companies like Shell, the Anglo-Dutch oil company, Falcon Oil & Gas and Bundu Oil & Gas that want to frack for natural gas.

Deadly Blow to Death Penalty Drugs
by Pratap ChatterjeeCorpWatch Blog
March 28th, 2012
U.S. imports of sodium thiopental have been banned by a federal judge because of the poor quality of imports. The ruling has struck a serious blow against the death penalty because of the key role the drug plays in lethal injections. Not surprisingly, the state of Texas is furious.

Big Brother in Iran: With A Little Help From Chinese and European Companies
by Pratap ChatterjeeSpecial to CorpWatch
March 27th, 2012
Big Brother is watching Iranians with a little help from Chinese and European companies. Reuters revealed that ZTE Corporation had sold Tehran surveillance technology. This comes in wake of revelations late last year by Bloomberg that Creativity Software in the UK had sold the Iranians “location tracking and text-message monitoring equipment.”

AT&T Allegedly Profited From Nigerian Scam Artists
by Pratap ChatterjeeCorpWatch Blog
March 23rd, 2012
AT&T, the U.S. telecommunications giant, allegedly profited from Nigerian nationals, who claimed to be deaf, to help them order goods from U.S. stores with stolen credit cards. The U.S. government alleges that the company then passed the charges on to the taxpayer.

Chevron & Transocean Back in the Dock Over Oil Spills
by Pratap ChatterjeeCorpWatch Blog
March 22nd, 2012
Brazil has demanded that 17 Chevron and Transocean executives surrender their passports while they await the outcome of criminal charges brought against them for a spill that took place off the coast of Rio de Janeiro last November. Both companies have been in trouble for similar problems in the past.

Militarizing the Middle East: Arms Shipments Continue Despite Abuses
by Pratap ChatterjeeCorpWatch Blog
March 21st, 2012
The U.S. sends weapons to Egypt, Russia sends weapons to to Syria and the European Union to Saudi Arabia, according to new reports from Amnesty and the Stockholm International Peace Research Institute. This is despite conclusive evidence that these weapons are being used for human rights abuse.

Emerald Energy Exploits Colombian Andes
by Elias CabreraSpecial to CorpWatch
March 18th, 2012
Emerald Energy, a UK company owned by Sinochem of China, is exploring for oil in the eastern Colombian Andes in the high altitude tropical mountain tundra ecosystem known as páramo. Local communities say that the company's underground explosions have caused landslides and ground collapses that have destroyed homes, crops and contaminated the local water supply.

Barclays Bankers Bonanza
by Pratap ChatterjeeCorpWatch Blog
March 15th, 2012
Three Barclays bankers made more than $15 million in 2011 salary packages, with the CEO making $28 million. The numbers were revealed under a pact made by the banking sector with the UK government, under Project Merlin, sparking outrage.

Vampire Squid Loses Tentacle
by Pratap ChatterjeeCorpWatch Blog
March 14th, 2012
Greg Smith, a Goldman Sachs employee in London, has quit the company with a fiercely critical op-ed in the New York Times in which he accuses the Wall Street investment bank of losing its moral compass.

India Ends Bayer Monopoly, Helps Slash Prices for Life-Saving Drugs
by Pratap ChatterjeeCorpWatch Blog
March 12th, 2012
The decision by PH Kurian, the controller general of patents, designs and trademarks in India, to allow a local company to manufacture Sorafenib, a drug used to treat advanced kidney cancer and liver cancer, is a welcome move that supports the access of poor people to cheap life-saving drugs.

Washington Losing Poker Game in Kabul
by Pratap ChatterjeeCorpWatch Blog
March 8th, 2012
Mahmoud Karzai, brother to the Afghan president and Abdul Hasin Fahim, brother to the vice-president, are the real symbols of corruption in Afghanistan. Kabul Bank has helped finance their shady deals and contracts with the U.S. military

Unsticking Food Lobbyists in Europe
by Pratap ChatterjeeCorpWatch Blog
March 6th, 2012
The European Food Safety Authority has approved new rules that will ban industry experts from serving on EFSA scientific panels related to their work. Corporate Europe Observatory says the rules are still not strong enough

Thorny Business: Ethiopian Rose Exports To Europe
by Pratap ChatterjeeCorpWatch Blog
March 5th, 2012
Karuturi Global and Saudi Star have leased thousands of hectares of land from the Ethiopian government for agricultural development. Critics says these projects have displaced traditional farmers and subsistence crops.

Scotland Yard Needs To Pursue Gordon Gekko
by Pratap ChatterjeeCorpWatch Blog
March 2nd, 2012
The FBI has just released an ad featuring the fictional character Gordon Gekko from the “Wall Street” films to target insider trading. Increasingly, however, it seems that Scotland Yard needs a similar campaign for the City of London, which has become the center for the mantra “Greed is Good.”

U.S. Supreme Court: Can Multinationals Be Sued for Crimes?
by Pratap ChatterjeeCorpWatch Blog
March 1st, 2012
Barinem Kiobel was executed on November 10, 1995 by the military dictatorship of General Sani Abacha of Nigeria. Almost 16 years later, the U.S. Supreme Court is poised to decide whether Shell, the Anglo-Dutch oil multinational, can be held responsible for his death.

Green Deserts: The Palm Oil Conflict
by Melody KempSpecial to CorpWatch
February 16th, 2012
Wilmar of Singapore, the world’s biggest global processor and merchandiser of palm oil, has come in for harsh criticism for the environmental and social impact of its Indonesian plantations. The allegations also raise serious questions about the role of WWF and the Round Table on Sustainable Palm Oil.

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