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IRELAND: U2 rattled by claims of tax dodging
by Michael SeaverChristian Science Monitor
March 3rd, 2009
The band that loves to rail against global corporate malfeasance is being criticized at home over allegations of tax dodging. The controversy stems from 2006, when the band moved its publishing company to the Netherlands to avoid a potential multi-million-euro tax bill after the Irish government capped artists' tax-free earnings at €250,000 ($315,000).

ECUADOR/CANADA: Canadian Mining Firm Financed Violence in Ecuador: Lawsuit
by Jennifer MooreTyee Online
March 3rd, 2009
Three villagers from the valley of Intag in northwestern Ecuador are suing Copper Mesa Mining Corporation and the Toronto Stock Exchange. They allege not enough has been done to reduce the risk of harm being faced by farmers and community leaders who have faced violent threats and attacks for opposition to a large open-pit copper mine in their pristine cloud forests.

EUROPE: Europe to Allow Two Bans on Genetically Altered Crops
by James KanterNew York Times
March 2nd, 2009
European Union governments delivered a blow Monday to the biotechnology industry, allowing Austria and Hungary to maintain national bans on growing genetically modified crops from Monsanto. The market for genetically engineered crops is worth several billion dollars worldwide.

CANADA: The Canadian Oil Boom: Scraping Bottom
by Robert KunzigNational Geographic
March 1st, 2009
Once considered too expensive, as well as too damaging to the land, exploitation of Alberta's oil sands is now a gamble worth billions. Syncrude and Suncor are two of the largest producers of bitumen; Canada is now the largest importer of oil to the United States, with tar sands exploitation slated to increase rapidly over the next five years.

CHINA: Morgan Stanley’s Chinese Land Scandal
by David Barboza New York Times
March 1st, 2009
In a Securities and Exchange Commission filing, Morgan Stanley said it had fired an executive in its China real estate division after uncovering evidence that he might have violated the United States Foreign Corrupt Practices Act, which bars American business people from bribing foreign officials.

SWITZERLAND: UBS Names Grübel as New CEO
by Carrick MollenkampWall Street Journal
February 26th, 2009
UBS AG, the Swiss bank battered by massive write-downs and its role in a U.S. tax-evasion scheme, announced the surprise departure of chief executive Marcel Rohner. Mr. Rohner's sudden departure comes after UBS agreed earlier this month to a $780 million settlement with the U.S. Justice Department of a criminal inquiry into the bank's role in the tax evasion.

US: Mr. Whipple Left It Out: Soft Is Rough on Forests
by Leslie KaufmanNew York Times
February 25th, 2009
The U.S. obsession with soft toilet paper has driven the growth of brands like Cottonelle Ultra, Quilted Northern Ultra and Charmin Ultra. But fluffiness comes at a price: millions of trees harvested in North America and in Latin American countries, including some percentage of trees from rare old-growth forests in Canada.

MEXICO: U.S. Is Arms Bazaar for Mexican Cartels
by James C. McKinley, Jr.New York Times
February 25th, 2009
Phoenix-based gun dealer George Iknadosian of X-Calibur Guns will go on trial on charges he sold hundreds of weapons, mostly AK-47 rifles, to smugglers, knowing they would go to a drug cartel in the western state of Sinaloa. The guns helped fuel the gang warfare in which more than 6,000 Mexicans died last year.

UK, ITALY: Italian business body hits at Brown
by Jean EagleshamFinancial Times
February 9th, 2009
In the context of global debate around the unfettered free-market system, UK Prime Minister Gordon Brown comes under fire from an Italian business association for not reining in wildcat labor strikes at the Lindsey oil refinery in Lincolnshire.

UK: Politicians pile pressure on bailed-out RBS to abandon plans for a £1bn bonus for staff
by Allegra StrattonThe Guardian (UK)
February 9th, 2009
Politicians from all sides rounded on the state-supported Royal Bank of Scotland yesterday as the row intensified over the failed bank's apparent determination to share £1bn of bonuses among staff.

JAPAN: Nissan to Slash Payroll, Pare Japanese Output
by John MurphyWall Street Journal
February 9th, 2009
Nissan Motor Co. Monday announced plans to slash more than 20,000 jobs world-wide, shift production out of Japan and seek government assistance from Japan, the U.S. and elsewhere, part of a broad new effort by the Japanese car maker to weather the economic downturn.

US, CANADA: Business aircraft makers face severe test
by Kevin DoneFinancial Times
February 8th, 2009
Business jet makers reeling from the US political attack on some of their highest profile corporate high fliers are being forced to make drastic cuts in production and jobs in the face of the deepening global recession.

US/WORLD: Smokeless Tobacco to Get Push by Venture Overseas
by Kevin HellikerWall Street Journal
February 4th, 2009
Swedish Match AB and Philip Morris International Inc. announced a joint venture Tuesday to market smokeless tobacco world-wide. The venture combines a world-wide giant in smokeless, Swedish Match, with the world's second-largest purveyor of cigarettes, PMI, an Altria Inc. spinoff.

INDIA: Bail Opposed for Raju
by Eric Bellman and Jackie RangeWall Street Journal
January 28th, 2009
Prosecutors pursuing the fraud at Satyam Computer Services Ltd. said Tuesday the Indian technology outsourcer's founder, B. Ramalinga Raju, should be denied bail because he could slow the investigation if released.

SWITZERLAND: Davos Scales Back Glitz
by Associated PressNew York Times
January 25th, 2009
The economic crisis that emerged out the collapse of securities based on shaky U.S. mortgages poses challenges for the Davos World Economic Forum, an arena that has championed market-driven approaches.

US: Rubin Leaving Citigroup; Smith Barney for Sale
by Eric Dash and Louise StoryNew York Times
January 9th, 2009
Robert Rubin will resign from the beleaguered Citigroup. As Treasury secretary during the Clinton administration, Mr. Rubin helped loosen Depression-era banking regulations that made Citigroup's creation possible. He also helped beat back tighter oversight of exotic financial products during that time.

INDIA: Indian Outsourcing Giant Admits Fraud
by Rama LakshmiWashington Post
January 7th, 2009
The leader of one of India's largest technology outsourcing companies, Satyam Computer Services, on Wednesday admitted cooking its books and committing other grave financial wrongdoing to inflate profits over several years. The revelation shook India's stock market and sent shockwaves across the country's booming software industry.

US: Plea by Blackwater Guard Helps Indict Others
by GINGER THOMPSON and JAMES RISENNew York Times
December 9th, 2008
On Monday, the Justice Department unsealed its case against five Blackwater private security guards, built largely around testimony from a sixth guard about the 2007 shootings that left 17 unsuspecting Iraqi civilians dead at a busy Baghdad traffic circle.

WORLD: Workforce deaths at Shell higher than for other western oil groups
by Ed CrooksFinancial Times
December 1st, 2008
Royal Dutch Shell last year suffered more workforce deaths than any other large western oil company. Two employees and 28 contractors were killed working for Shell in 2007. Nine of last year's deaths were in Nigeria, with two people killed in attacks on Shell facilities, and 10 in Russia.

CANADA/IRAQ: Drill, Garner, Drill
by Anthony FentonMother Jones
November 24th, 2008
In the history of the Iraq War, one name is perhaps synonymous with the collapse of the Bush administration's hopes for a post-Saddam world: Retired Lt. General Jay M. Garner, who served as the first post-war administrator. This year, he and a small group of former US military leaders, officials, and lobbyists have quietly used their Kurdistan connections to help Canadian companies access some of the region's richest oil fields.

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