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Violence in Kashmir and nuclear proliferation are dominating the mainstream headlines on President Clinton's trip to South Asia. And while security issues are clearly on the agenda in Clinton's meetings with Indian Prime Minister Atal Behari Vajpayee, the press is ignoring an equally significant part of the trip: trade.

An analysis of 282 local executives at 109 area companies who have had the same title from 2003 until the end of 2005 showed that merely sticking around gives an executive an excellent chance of getting a raise, sometimes a big one. In many cases, raises are dictated by employment contracts or other compensation practices that have nothing to do with an executive's job performance and are often divorced from the kind of market logic that dictates how most people are paid.

Michael D. Eisner, former chief executive of the Walt Disney Company, received $10.1 million in compensation last year, including a $9.1 million cash bonus, according to the company's annual proxy statement filed Wednesday.

El Proceso quotes Anna Feigenbaum and Pratap Chatterjee of CorpWatch on how the private security industry has cashed in on the War on Terror.

As President-elect Bush's campaign chairman, Don Evans helped raise nearly $100 million by relying heavily on corporate chieftains who became Bush ''pioneers.'' Now, the commerce secretary nominee is in an extraordinary position to help the business of the pioneers.

El hecho contrasta con la postura adoptada por Al Gore, quien rehusó participar en un seminario sobre Cambio Climático en Chile el 2007 si la minera impulsora del polémico proyecto Pascua Lama actuaba como sponsor. Organizaciones norteamericanas cuestionan la asistencia de la Presidencia y aseguran que esta va en dirección contraria a la línea de protección social impulsada por la mandataria.

For most American troops, the only connection they have to the locals - whether soldiers in the Afghan army or villagers they're trying to secure - is through their interpreters. Yet the way the military uses translators is too often haphazard and sometimes dangerously negligent.

All was remarkably staid as shareholders celebrated Halliburton's $4 billion in operating profits in 2008 at the company's recent AGM in Houston, a striking 22 percent return at a time when many companies are announcing record losses. At the same time, Sen. Byron Dorgan's Senate Democratic Policy Committee was holding a hearing on Capitol Hill focused on abuses by former subsidiary KBR.

Interview with CorpWatch managing editor Pratap Chatterjee, on his forthcoming book, "Halliburton's Army," published by Nation Books and available in books stores on February 2, 2009.

Now come the second thoughts on globalization, as never before have world markets been so integrated. The current financial crisis could mark the start of an effort to overhaul the global financial system conceived at the 1944 summit in Bretton Woods, N.H., which set the rules of international commerce for industrial countries.

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