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New Evidence Shows Main Chevron Witness Lied In $9.5 Billion Ecuador Lawsuit
Richard Smallteacher
October 26th, 2015

A key witness has admitted under oath that he lied on behalf of Chevron, the California oil multinational, when the company sued to overturn a $9.5 billion verdict for pollution of the Ecuadorian Amazon.

Chevron Spoof Ad. Photo: The Yes Men. Used under Creative Commons license.

War & Disaster Profiteering

Swedish Companies Accused Of Profiting Off Refugee Housing
Pratap Chatterjee
October 23rd, 2015

Swedish companies have been accused of profiting excessively from the recent influx of refugees to Europe, taking advantage of the government expenditures of some $7 billion to house and support over 150,000 new immigrants this year.

Migrants wait for a bus in Sweden. Photo: atranswe. Used under Creative Commons license.


Nicaragua Grand Canal Project Hits Obstacles After Protests Against Developer
Pratap Chatterjee
October 8th, 2015

A $50 billion plan by a Hong Kong based developer to cut a canal through Nicaragua to allow ocean going cargo ships cross back and forth from the Atlantic to the Pacific ocean has suffered major setbacks after fierce opposition by environmentalists and local communities.
Protest Against Nicaragua Grand Canal Project. Photo: Movimiento Renovador Sandinista. Used under Creative Commons license.


Angolan Fishing Community Asks Chevron For Oil Spill Compensation
Richard Smallteacher
October 5th, 2015

Some 500 Angolan fisherfolk have demanded compensation from Chevron after an oil spill polluted the Mandarin and Mpuela shoreline in Cabinda last month, close to the California company's drilling operations. Under government orders, all fishing activity was banned for almost two weeks.
Elias Isaac of the Open Society Initiative for Southern Africa-Angola Speaks After Chevron AGM. Photo: Tonya Hennessey, CorpWatch


U.S. Doctors Associations Cancel Collaborations With Coca-Cola After Protests
Pratap Chatterjee
October 1st, 2015

Three major U.S. medical associations - the American Academy of Family Physicians, the American Academy of Pediatrics and the American College of Cardiology - have bowed to pressure from activist doctors to stop accepting corporate donations from Coca-Cola. The campaigners say Coke exerted undue influence over the medical groups.
Report from Center for Science in the Public Interest.

Financial Services, Insurance and Banking

“Project Omega” Reveals Secrets Of Dark Pools Stock Trading
Pratap Chatterjee
August 14th, 2015

Investment Technology Group (ITG), a U.S. stock broker, paid a $20.3 million fine for running a secret operation named Project Omega to take advantage of “dark pools” trading orders made by its clients. Experts say that Barclays and Credit Suisse may also soon pay fines for dark pools trading scams.
Barclays bank protest. Photo: Global Justice Now. Used under Creative Commons license.


Music Video Asking Unilever to Clean Up Mercury Waste in India Goes Viral
Pratap Chatterjee
August 7th, 2015

A music video asking Unilever, an Anglo-Dutch consumer goods giant, to clean up mercury waste from their former Indian factory notched up two million views in less than a week, prompting a reply from the company CEO. 'Kodaikanal Won't,’ the video by Sonia Ashraf, parodied Nicki Minaj’s song 'Anaconda.’
Still from 'Kodaikanal Won't’ a video by Sonia Ashraf.


Soma Oil & Gas Faces UK Criminal Investigation for Somalia Deals
Richard Smallteacher
August 5th, 2015

British regulators are investigating Soma Oil & Gas, a UK-based company, for allegedly paying bribes to the Somali government in exchange for exploration rights. Under scrutiny is the payment of $580,000 for “capacity building arrangements” at the Ministry of Petroleum in Mogadishu, according to Financial Times sources.
President Hassan Sheikh Mohamud of Somalia at a conference in London. Photo: Foreign and Commonwealth Office. Used under Creative Commons license.


Outsourcing the Kill Chain: Eleven Drone Contractors Revealed
Pratap Chatterjee
August 3rd, 2015

Hundreds of private sector intelligence analysts are being paid to review surveillance footage from U.S. military drones in Central Asia and the Middle East, according to a new report from the Bureau of Investigative Journalism.
Imagery analysts. Photo: U.S. Air Force.