Contact l Sitemap

home industries issues reasearch weblog press

Home  » Issues » Money & Politics

News Articles : Displaying 66-85 of 449


IRAQ: Ex-Blackwater Workers May Return to Iraq Jobs
by Rod NordlandNew York Times
April 3rd, 2009
Late last month Blackwater Worldwide lost its billion-dollar contract to protect American diplomats in Iraq, but by next month many of its private security guards will be back on the job here. The same individuals will just be wearing new uniforms, working for Triple Canopy, the firm that won the State Department’s new contract.

US: Pentagon Weighs Cuts and Revisions of Weapons
by Christopher DrewNew York Times
April 3rd, 2009
U.S. defense executives and consultants are worried about the sweeping changes in military programs that Defense Secretary Robert M. Gates is expected to announce on Monday. Weapons systems like missile defense are likely to endure deep cuts.

CHINA: Banks Face Big Losses From Bets on Chinese Realty
by David Barboza New York Times
April 3rd, 2009
Evergrande Real Estate Group, now mired in debt, has become a symbol of China’s go-go era of investing, when international bankers, private equity deal makers and hedge fund managers from Merrill Lynch, Deutsche Bank and others rushed here hoping to cash in on the world’s biggest building boom.

US: Banks Get New Leeway in Valuing Their Assets
by Floyd NorrisNew York Times
April 2nd, 2009
A once-obscure accounting rule was changed Thursday to give banks more discretion in reporting the value of mortgage securities. Apparently under political pressure, the five-member Financial Accounting Standards Board approved a controversial change that makes it possible for banks to keep some declines in asset values off their income statements.

UGANDA/IRAQ: Why 10,000 Ugandans are eagerly serving in Iraq
by Max DelanyChristian Science Monitor
March 6th, 2009
Hired out to multibillion-dollar companies for hundreds of dollars a month, 10,000 Ugandans risk their lives seeking fortunes protecting US Army bases, airports, and oil firms in Iraq for as little as $600 per month. Many are looking to go to Afghanistan as the Obama administration increases contracts there.

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.

US: 'Card check' ballots to determine union representation
by Erin RosaColorado Independent
February 24th, 2009
Glenn Spencer, executive director of the U.S. Chamber of Commerce, was in Denver on Monday to decry H.R. 800, federal legislation that would give workers greater rights to unionize. Spencer spoke at the offices of the Colorado Association of Commerce and Industry and warned of the “most radical rewrite of labor law in 70 years.”

US: The Looming Crisis at the Pentagon
by Chalmers JohnsonTomDispatch.com
February 2nd, 2009
Like much of the rest of the world, Americans know that the U.S. automotive industry is in the grips of what may be a fatal decline. A similar crisis exists when it comes to the military-industrial complex. That crisis has its roots in the corrupt and deceitful practices that have long characterized the high command of the Armed Forces, civilian executives of the armaments industries, and Congressional opportunists and pay-to-play criminals.

US: Deputy SecDef could earn $500K lobbying Pentagon
by Lara JakesWashington Post
January 27th, 2009
William J. Lynn, the man nominated to be the Pentagon's second-in-command could make a half-million dollars next month with vested stock he earned as a lobbyist for military contractor Raytheon. This is despite an Obama administration order against "revolving door" lobbyists who become public officials.

US: Bank of America Board Under Gun From Critics
by Louise Story and Julie CreswellNew York Times
January 27th, 2009
As Bank of America's board meets next week, shareholders have turned up the pressure on CEO Kenneth D. Lewis. Their scrutiny has also turned an unusual spotlight on the oversight role played by the bank's board members.

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.

US: In Factory Sit-In, an Anger Spread Wide
by MONICA DAVEYNew York Times
December 7th, 2008
In a glimpse at how the nation’s loss of more than 600,000 manufacturing jobs this year is boiling over, workers laid off from Republic Windows and Doors, said they would not leave, after company officials announced that the factory was closing. The workers were owed vacation and severance pay and were not given the 60 days of notice generally required by federal law in lay-offs.

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.

ISRAEL: U.S.-Israel jet deal sought: Pentagon backs sale of next-generation F-35s fighters to ally
by Stephen ManningChicago Tribune
October 2nd, 2008
The Defense Department said this week that it wants to sell as many as 75 fighter jets to Israel in a $15.2 billion deal for the aircraft expected to be the mainstay of air power in the United States and several other nations for decades.

SOUTH AFRICA: Apartheid lawsuit back in US court
SABC News
September 25th, 2008
After six years of battling, the plaintiffs must prove whether certain multinationals enabled the apartheid government to commit acts of gross human rights violations. Among the 21 defendants are oil, vehicle and financial companies which continue to operate in South Africa -- the likes of BP, Shell, Chevron Texaco, Barclays, Daimler Chrysler and Rio Tinto. They stand accused of supporting the former regime with arms and ammunition, financing, fuel, transportation and military technology.

US: SEC Presses Hedge Funds
by Kara ScarnellWall Street Journal
September 25th, 2008
American International Group Inc., Goldman Sachs Group Inc., Lehman Brothers Holdings Inc., Morgan Stanley, Washington Mutual Inc. and Merrill Lynch & Co. are part of a U.S. Securities and Exchange Commission investigation into potential abuse in relation to the current financial markets meltdown.

US: Fannie Mae, Freddie Mac Takeovers Cost U.S. Banks Billions
by John HechingerWall Street Journal
September 23rd, 2008
About a quarter of the nation's banks lost a combined $10 to $15 billion in the wake of the federal government's takeover of Fannie Mae and Freddie Mac. The losses are galling to small bankers because they took pains to avoid the exotic loans and loose underwriting standards that have hobbled Wall Street titans and some huge banks.

ISRAEL: U.S. approves $330 million in arms deals for Israel
by Andrea Shalal-EsaReuters
September 9th, 2008
The U.S. government on Tuesday said it had approved up to $330 million in three separate arms deals for Israel, and sources tracking a much bigger deal for 25 Lockheed Martin Corp F-35 fighter jets said that agreement could be approved later this month.

Displaying 66-85 of 449  
< Prev  Next >> 
« First Page Last Page » 
« Show Complete List »