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In a secluded valley a few miles from Kabul's international airport, $285 million in U.S. taxpayer dollars have flowed into a Black & Veatch-built power plant outside Tarakhil village. But, far from the public relations coup the project was intended to supply, the plant has run into problems with planning, cost over-runs and alleged corruption.

Among the dozens of businesses with lucrative Afghan and U.S. taxpayer-financed reconstruction deals are two extremely well connected companies -- Ghazanfar and Zahid Walid -- that helped to swell the election coffers of President Hamid Karzai as well as the family business of his running mate, the country's new vice president, warlord Mohammed Qasim Fahim.

Retired retail executive Richard Goldman was astonished when he heard about the $27 billion pollution lawsuit against Chevron Corp. in Ecuador. SO he has created a nonprofit group, Ethos Alliance, that will use social-networking tools to spread word of the case and put pressure on Chevron.

CorpWatch joins with Tim Shorrock today, the first journalist to blow the whistle on the privatization of U.S. intelligence, in releasing Spies for Hire.org, a groundbreaking database focusing on the dozens of corporations that provide classified intelligence services to the United States government.

The world's carbon trading markets growing complexity threatens another "sub-prime" style financial crisis that could again destabilise the global economy, campaigners warn. In a new report, Friends of the Earth says that to date "cap and trade" carbon markets have done little to reduce emissions but have been plagued by inefficiency and corruption.

Originally published on 3 November 2009.

While it doesn't sound (and need not be) nefarious, activist groups worldwide like the Rainforest Action Network argue that the production of palm oil is currently harming rain forests in Southeast Asia, orangutans, and the environment.

A French court slapped jail terms Tuesday on the main players in a network that smuggled arms to war-torn Angola and included an ex-minister and the son of the late president Francois Mitterrand.

Originally posted, October 14, 2009 on http://www.ibabuzz.com/politics/2009/10/14/berkeley-oakland-urge-oil-money-transparency/