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LIBERIA: Mittal accused of creating a state within a state in Liberia
by David PallisterThe Guardian (UK)
October 2nd, 2006
A damning report on Mittal Steel's acquisition of an impoverished African country's iron ore reserves is published today, accusing the world's largest steelmaker of offering an inequitable "raw deal" that has created an unaccountable "state within a state".

SWITZERLAND: Gun for hire: mercenaries operate in a legal no-man's land
by Ian HamelSwiss Info
September 15th, 2006
Geneva is set to host an international conference in November tackling the thorny issue of private security companies operating in a legal no-man's-land.

US: Chicago's Council Fails to Override Daley's Veto (Update3)
by Lauren Coleman-Lochner and Kevin OrlandBloomberg
September 13th, 2006
Wal-Mart Stores Inc. and other large retailers claimed victory in Chicago after the City Council failed to override Mayor Richard Daley's veto of an ordinance requiring them to increase their minimum wage.

US: Panel of Executives and Academics to Consider Regulation and Competitiveness
by Floyd NorrisThe New York Times
September 13th, 2006
A committee filled with business leaders and academics was created yesterday to consider changes in the Sarbanes-Oxley Act and other laws and regulations governing securities markets and companies, with the intention of improving competitiveness for American markets.

WORLD: Firms admit paying bribes in World Bank program
Reuters
August 31st, 2006
A "healthy" number of companies have admitted paying bribes under a new World Bank disclosure program, which encourages firms that have worked on bank-funded projects to report corruption or fraud.

JAPAN: Five Executives Are Arrested in Japan
by Martin FacklerThe New York Times
August 25th, 2006
Five executives of the Mitutoyo Corporation, a precision instruments maker, were arrested today on suspicion of illegally exporting equipment to Malaysia that could be used in making nuclear weapons.

US: Industry starts to back rules on greenhouse gas
by Zachary CoileSan Francisco Chronicle
August 24th, 2006
For years, most industry groups have fought any effort to limit carbon dioxide and other gases linked to global warming, warning of dire consequences for the U.S. economy. But with growing public anxiety about climate change, major corporations are increasingly preparing for -- and, in some cases, lobbying for -- Congress to regulate emissions of heat-trapping gases.

PERU: Fresh Evidence of Construction Problems in Camisea Pipeline
by ngel PezInter Press Service (IPS)
August 24th, 2006
Techint, the Argentine company that built the Camisea pipeline which carries natural gas from Peru's Amazon jungle region to a port on the country's Pacific coast, used unqualified welders, in a clear violation of international norms, according to a new report by E-Tech, a California-based non-profit engineering and environmental consultancy firm.

WORLD: New alliance seeks fight water sector corruption
by Alister DoyleReuters
August 22nd, 2006
Water experts and businesses teamed up on Tuesday to fight corruption feared to be siphoning off billions of dollars from projects to supply drinking water to the Third World.

CANADA: Information Cleansing, Canadian Style
by Bill BerkowitzInter Press Service
August 16th, 2006
If you're a teacher, student, journalist or just a plain concerned citizen interested in finding well-researched documentation about climate change, you can no longer depend on the Canadian government to supply that information.

US: NY AG Sues Chip Makers Over Price Fixing
by Mark JohnsonThe Associated Press
July 14th, 2006
New York's attorney general sued leading makers of memory chips Thursday, claiming they made secret price-fixing arrangements that inflated the cost of personal computers and other electronic devices.

US: I.R.S. Wins Its Appeal Over Abusive Tax Shelter
by Lynnley BrowningThe New York Times
July 13th, 2006
A federal appeals court handed a victory to the Internal Revenue Service yesterday in its war on questionable tax shelters, ruling that a shelter bought in 1996 by a former subsidiary of the Goodrich Corporation was abusive.

EU: EU hits Microsoft with 280.5m antitrust fine
by Mark TranGuardian Unlimited
July 12th, 2006
The rift between the European commission and Microsoft today widened as the software giant was fined 280.5m (193.7m) for defying an antitrust ruling.

US: Lay's Death Could Set Skilling Free
by Barrie McKennaThe Globe and Mail (Canada)
July 7th, 2006
Kenneth Lay's sudden death could prove to be an unexpected legal bequest to Jeffrey Skilling, his co-defendant in the landmark Enron Corp. fraud case.

US: Court Voids $145 Billion Judgment in Tobacco Case
by Jeremy W. PetersThe New York Times
July 6th, 2006
The Florida Supreme Court upheld today a decision that threw out a $145 billion judgment against the nation's largest tobacco companies.

US: 'Net Neutrality' Amendment Rejected
by Kim Hart and Sara Kehaulani GooThe Washington Post
June 29th, 2006
A proposal to prevent Internet service providers from charging Web firms more for faster service to consumers failed yesterday to clear a Senate committee.

US: BP Unit Accused of Manipulating Propane Prices
Reuters
June 28th, 2006
The U.S. futures industry regulator said Wednesday that a U.S. unit of BP Plc. tried to manipulate U.S. propane prices by cornering the market in February 2004.

US: SEC Lawyer Claims Firing Over Fund Inquiry
Associated Press
June 28th, 2006
A former government attorney told Congress on Wednesday that he was fired for investigating a hedge fund too aggressively and said law enforcement is failing in its duty to protect investors in the growing hedge fund industry.

US: SEC Lawyer Dismissed for a Donor?
by Ari BermanThe Nation
June 28th, 2006
Last year, the Securities and Exchange Commission (SEC) began investigating one of the nation's largest hedge funds, Pequot Capitol Management, for possible insider trading. Up until last summer, the inquiry was headed by SEC lawyer Gary Aguirre. His investigation proceeded smoothly, Aguirre claims, until he asked for testimony from former Pequot chairman and Morgan Stanley CEO, John Mack, a top Bush donor.

EU: Brussels to raise fines for cartels tenfold
by David GowThe Guardian (UK)
June 28th, 2006
Companies found guilty of anti-competitive practices will face multibillion euro fines or more than 10 times the current tariffs for abusing their monopoly and taking part in cartels under draconian new competition guidelines adopted by the European Commission today.

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