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| CHINA: For Tycoons, Formal Lessons in Capitalism
by Peter S. Goodman, Washington Post
November 28th, 2003
China may still be known officially as a People's Republic, but the recent class held here in the country's financial capital -- part of an executive MBA program run jointly by the government and the W.P. Carey School of Business at Arizona State University -- was a testament to how this supposed worker's paradise is increasingly defined by capitalist management techniques and demand for return on investment. The students, among them several high-ranking Communist Party and government officials, listened intently as their American professor lectured on the finer points of squeezing greater productivity from the workforce for less pay. |
| INDIA: White Collar Jobs Outsourced to South Asia
by Phil Reeves, Independent
August 29th, 2003
Processing tax returns filed in the United States is gradually becoming the latest service to be dispatched to India as the "outsourcing" of work from the First World to the Third - to the alarm of some Western trade unionists and politicians - moves increasingly into higher-skilled areas. The field embraces financial and legal research, employee recruitment, analysing balance sheets, processing insurance claims, programming software, producing technical drawings for architects and engineers, and more. |
| US: Corporations in Dire States
by David Usborne, Independent/UK
July 17th, 2003
Americans are used to resentment of their global dominance. Since the war on Iraq, however, this hostility has begun to hit them where it hurts: in corporate balance sheets. David Usborne reports on the backlash being felt in the boardrooms everywhere from McDonald's and Nike to Microsoft and Coca-Cola |
| WORLD: Factory Farms Growing in Developing Nations
Environmental News Service
April 22nd, 2003
Factory farms are expanding into developing countries, bringing these nations a wealth of environmental and public health concerns, finds a new paper by the Worldwatch Institute. |
| LIBYA: Shell Signs $200m Deal
by Mark Tran, Guardian (London)
March 25th, 2003
Shell today marked its return to Libya after an absence of more than a decade by signing a $200m (110.6m) gas exploration deal with the former pariah state. The agreement - described by the oil giant as a landmark deal - was signed in Tripoli, coinciding with the groundbreaking visit to Libya by the prime minister, Tony Blair. |
| US: Bush May Use Trade Pacts for Iraq Leverage
by Paul Blustein, Washington Post
March 18th, 2003
Maybe it's just a coincidence that the Commerce Department announced decisions in recent days to confer "market-based-economy" status on Bulgaria and Romania, two Eastern European countries that support President Bush's tough stance on Iraq. |
| US: Thousands March on Capital to Condemn Iraq War
by Katherine Stapp, InterPress Service
October 27th, 2002
In the largest U.S. anti-war protest in recent memory, at least 75,000 demonstrators encircled the White House on Saturday to demand a diplomatic solution to escalating tensions with Iraq. |
| WORLD: Call for Reparations to Indebted Countries
by Alejandro Kirk, Inter Press Service
October 21st, 2002
The external debt of developing countries should not just be cancelled but the debtors compensated, civil society activists told a meeting of international officials, business leaders, scientists and non-governmental organizations members in Prague Saturday. |
| US: Activists Decry Police Tactics in Anti-Globalization Protests
Agence France Presse
October 1st, 2002
Police used unconstitutional tactics and abused their authority when they arrested hundreds during the weekend anti-globalization protests, activists charged. Police arrested more than 650 people in three days of protests coinciding with the annual World Bank and IMF meetings. |
| US: Sweatshop Case Settles for $20M
by Alexei Oreskovic, The Recorder
September 27th, 2002
Three overseas sweatshop lawsuits involving dozens of the United States' largest retailers and a 30,000-member class of garment workers have settled for $20 million. |
| ASIA: Globalization Critics Gain from US Corp Scandals
by Marwaan Macan-Markar, Inter Press Service
August 13th, 2002
The timing of the scandals is apt, say some critics from South and South-east Asia, who ended a three-day conference here Monday. The crisis in corporate America comes at a moment when the Anti-Globalization movement in the region is reasserting itself after losing some steam following the September 11th attacks on the United States, they add. |
| USA: Bush Wall Street Road Show Flops
by Stephen Pizzo, The Daily Enron
July 10th, 2002
There was more than a little of the surreal to President Bush's speech yesterday. The speech, billed as a major policy address on Bush's get-tough-on-corporate-crime agenda, came amidst days of news revelations of President's own questionable behavior as an executive of Harken Energy. |
| USA: Financial Scandals are Being Replicated on a Global Scale
by Joseph Stiglitz, Guardian of London
July 4th, 2002
Of late, there has been much discussion of corruption in the public sector of many developing countries. It was inevitable corruption of public servants that, in part, made it important to privatize in developing countries. Advocates of privatization also lauded the private sector's ability to compete. But I'm not sure these private sector advocates quite had in mind the abilities that American corporate capitalism has demonstrated so amply recently: corruption on an almost unfathomable scale. They put to shame those petty government bureaucrats who stole a few thousand dollars or even a few million. The numbers bandied about in the Enron, WorldCom and other scandals are in the billions, greater than the GNP of many countries. |
| G8: Africa Aid is ''Peanuts,'' Say Activists
Agence France Presse
June 28th, 2002
Group of Eight leaders launched their long-awaited action plan for Africa, promising a new dawn for the continent, but aid activists said the promises amounted to peanuts. |
| USA: Farm Bill Will Export Misery to Africa
by Warren Vieth, Los Angeles Times
May 27th, 2002
WASHINGTON -- The White House and Congress are trumpeting their determination to bring economic opportunity to the people of Africa. But first, a few million sub-Saharan farmers will have to suffer. |
| EU: ''Enronitis'' Spreads
Toronto Globe & Mail
May 23rd, 2002
WASHINGTON, DC -- An Enron Corp. backlash is rolling across Europe, feeding skepticism about the United States as a financial role model as top U.S. and European Union market regulators prepare to meet here next week. |
| World: Corporate Bribery on the Rise, Says Survey
by Anthony Stoddard, Inter Press Service
May 15th, 2002
JOHANNESBURG -- International conventions have not stopped multi-national corporations from trying to secure valuable contracts by bribing government officials in the world's emerging economies -- especially in the arms and defense, and public works and construction industries. |
| USA: Ex-Im Bank, Corporate Welfare at Its Worst
by Congressman Bernie Sanders, CommonDreams.org
May 15th, 2002
This country has a $6 trillion national debt, a growing deficit and is borrowing money from the Social Security Trust Fund in order to fund government services. We can no longer afford to provide over $125 billion every year in corporate welfare -- tax breaks, subsidies and other wasteful spending -- that goes to some of the largest, most profitable corporations in America. |
| USA: May Day, May Day
by Geov Parrish, WorkingForChange
May 1st, 2002
For many Americans, ''May Day'' brings to mind images of phalanxes of Soviet soldiers, goose-stepping through Red Square behind massive tanks, while millions of onlookers obediently cheer. (It's a process not too different from the obedient cheering that goes on here every July 4 -- but never mind.) For other people, ''May Day'' is a pagan holiday, Beltane, more known (and often loved) for maypoles or other fertility rituals than for political struggles. |
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