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UK: Friends of the Earth attacks carbon trading
by Ashley SeagerThe Guardian (UK)
November 5th, 2009
The world's carbon trading markets growing complexity threatens another "sub-prime" style financial crisis that could again destabilise the global economy, campaigners warn. In a new report, Friends of the Earth says that to date "cap and trade" carbon markets have done little to reduce emissions but have been plagued by inefficiency and corruption.

SOUTHEAST ASIA: Sizing up palm oil
by David GrantChristian Science Monitor
November 2nd, 2009
While it doesn’t sound (and need not be) nefarious, activist groups worldwide like the Rainforest Action Network argue that the production of palm oil is currently harming rain forests in Southeast Asia, orangutans, and the environment.

IVORY COAST: Trafigura offers deal to 31,000 Africans over dumped waste
http://www.timesonline.co.uk/tol/news/world/africa/article6837795.ece
October 17th, 2009
British oil trader Trafigura has offered to settle a court case brought by 31,000 Africans who say that they were injured in the largest personal injuries class action mounted in an English court. The action resulted from the dumping of 400 tonnes of waste in the Ivory Coast by an oil tanker, the Probo Koala, in 2006 — one of the worst pollution disasters in recent history.

IVORY COAST: Trafigura offers deal to 31,000 Africans over dumped waste
by Frances GibbThe Times (London)
October 17th, 2009
British oil trader Trafigura has offered to settle a court case brought by 31,000 Africans who say that they were injured in the largest personal injuries class action mounted in an English court. The action resulted from the dumping of 400 tonnes of waste in the Ivory Coast by an oil tanker, the Probo Koala, in 2006 — one of the worst pollution disasters in recent history.

BRAZIL: Giants in Cattle Industry Agree to Help Fight Deforestation
by Alexei BarrionuevoNew York Times
October 7th, 2009
Environmental groups hailed a decision this week by four of the world’s largest meat producers to ban the purchase of cattle from newly deforested areas of Brazil’s Amazon rain forest. Brazil has the world’s largest cattle herd and is the world’s largest beef exporter. It is also the fourth largest producer of greenhouse gas emissions.

UK: Kingsnorth power station plans shelved by E.ON
by Mark TranThe Guardian (UK)
October 7th, 2009
E.ON, the German energy group, has effectively thrown in the towel on its plans to build a new coal-power station at Kingsnorth, UK, blaming the recession. Kingsnorth has been shrouded in controversy ever since inception, with protests over several years including a high-profile Climate Camp protest.

US: E. Coli Path Shows Flaws in Beef Inspection
by Michael MossNew York Times
October 3rd, 2009
Tracing the chain of production of an E. Coli-contaminated hamburger made by Cargill, through interviews and government and corporate records obtained by The New York Times, shows why eating ground beef is still a gamble. Neither the system meant to make the meat safe, nor the meat itself, is what consumers have been led to believe.

US: The Rights of Corporations (Op-Ed)
New York Times
September 22nd, 2009
The question at the heart of one of the biggest Supreme Court cases this year is simple: What constitutional rights should corporations have? The legal doctrine underlying this debate is known as “corporate personhood.”

ECUADOR: Chevron Offers Evidence in Ecuador Bribery Case
by ReutersNew York Times
September 7th, 2009
On Monday Chevron said it gave Ecuadorean authorities evidence of a bribery scheme linked to a $27 billion environmental damages lawsuit against the oil company. Last week, the judge hearing the case, Juan Núñez, recused himself. The Amazon Defense Coalition said the recusal did not “change the overwhelming evidence against Chevron.”

US: Despite Slump, U.S. Role as Top Arms Supplier Grows
by Thom ShankerNew York Times
September 6th, 2009
Despite a recession that knocked down global arms sales last year, the United States expanded its role as the world’s leading weapons supplier, increasing its share to more than two-thirds of all foreign armaments deals, according to a new Congressional study.

US: So You Squandered Billions --- Take Another Whack At It
by Steven PerlsteinWashington Post
September 2nd, 2009
During the heyday of the credit bubble, they were the financiers who earned huge bonuses for creating, trading and investing other people's money in those complex securities that resulted in trillions of dollars in losses and brought global financial markets to their knees. Now they're out there again hustling for investors and hoping to make another score buying and trading the same securities.

FIJI: Fiji Water: Spin the Bottle
by Anna LenzerMother Jones
August 17th, 2009
Obama sips it. Paris Hilton loves it. Mary J. Blige won't sing without it. How did a plastic water bottle, imported from a military dictatorship thousands of miles away, become the epitome of cool?

UK: Two men and a website mount vendetta against an oil giant
by  Danny FortsonSunday Times (UK)
July 19th, 2009
In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world’s largest company, as trying to shut the website down would draw even more attention to it.

UK: Two men and a website mount vendetta against an oil giant
by Danny FortsonThe Sunday Times (UK)
July 19th, 2009
In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world’s largest company, as trying to shut the website down would draw even more attention to it.

US: Industry Takes Aim at Plan to Create Financial Protection Agency
by Brady DennisWashington Post
July 7th, 2009
Business and trade-group lobbyists are beating a path for the first major battle over the Obama administration's efforts to overhaul the financial regulatory system. Recent discussions have involved the American Bankers Association, National Auto Dealers Association, U.S. Chamber of Commerce, Mortgage Bankers Association and other lobbyists.

US: IRS Steps Up Scrutiny of Offshore Funds
by Jenny Strasburg and Jesse DruckerWall Street Journal
June 26th, 2009
The Internal Revenue Service is demanding that hedge-fund and private-equity investors disclose hundreds of billions of dollars they have invested offshore, boosting scrutiny of accounts popular for tax advantages.

ECUADOR: Chevron's Amazon 'fake cleanup' trial
United Press International
June 25th, 2009
A report submitted this week to a court in Ecuador finding dangerous levels of contamination at oil wells Chevron says it cleaned up in the 1990s is expected to reinforce a fraud indictment against two Chevron lawyers in a $27.3 billion environmental lawsuit against the oil company.

IRAQ: Big Oil Ready for Big Gamble in Iraq
by Gina ChonWall Street Journal
June 24th, 2009
Next week, Iraqi officials will auction off oil contracts to foreign companies for the first time since Iraq nationalized its oil industry three decades ago. Some 120 companies expressed interest in bidding for the contracts, and thirty-five companies qualified. They include Exxon Mobil Corp., Royal Dutch Shell PLC, Italy's Eni SpA, Russia's Lukoil and China Petroleum & Chemical Corp., or Sinopec.

IRAN: Iran's Web Spying Aided By Western Technology
by Christopher Rhoads and Loretta ChaoWall Street Journal
June 22nd, 2009
The Iranian regime has developed one of the world's most sophisticated mechanisms for controlling and censoring the Internet. The Iranian government appears to be engaging in a practice often called deep packet inspection. The monitoring capability was provided, at least in part, by a joint venture of Siemens AG, the German conglomerate, and Nokia Corp., the Finnish cellphone company.

US/ANTIGUA: Texas Financier and Antiguan Official Charged With Fraud
by Clifford Krauss New York Times
June 19th, 2009
A U.S. Justice Department indictment unsealed Friday accused R. Allen Stanford of Stanford International Bank, based in the Caribbean money haven of Antigua, of operating a multibillion-dollar Ponzi scheme with the help of Antigua’s top banking regulator, Leroy King.

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