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Venezuela has
given the world's biggest oil company, ExxonMobil, until the end of
this year to enter a joint venture with the state.

Failure to do so will almost certainly result in Exxon losing its oil field concessions in the country.

Venezuela's socialist government has now signed new agreements with almost all foreign petroleum companies.

Multinational corporations are riding high on the trend toward globalization by taking advantage of India's educated work force and deep poverty to turn South Asia into the world's largest clinical-testing petri dish.

The pashmina bubble that buoyed the garment industry in the late 1990s has burst. Fashion trendsetters have moved on, leaving a glut of cheap Chinese knock-offs in their wake.

Long before George W. Bush began campaigning for the White House, his family built a fund-raising network of wealthy supporters to bankroll his political ambitions and propel him to the presidency.

Since Nepal has banned the hire of Nepali workers in Iraq and any other country going through war or civil unrest, the unscrupulous agencies tried to smuggle the men in through India and Kuwait.

President Bush's corporate champions see the spoils of his administration in coal. And timber. And credit-card payments, Afghan electric lines, Japanese bank transfers and fake crab.

Water that is undrinkable. Air that is better left unbreathed. A community impoverished, living above mountains of gold. These are some of the contradictions of Andalgalá, a town of 17,000 inhabitants in Catamarca, Argentina, 240 kilometres from the provincial capital, home for ten years now to the largest gold and copper mine in the country, and one of the largest in the world.

The IDT Corporation, a telecommunications and entertainment company that is under pressure for its languishing share price, barred a New York Times reporter from its shareholder meeting yesterday.

Two groups of investors are suing Diebold Inc., claiming that misleading comments about the company's electronic voting machine business artificially inflated share prices.