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Ian Hannam, a senior JP Morgan banker and ex-soldier, who helped finance a number of flamboyant and controversial mineral extraction projects from India to Tanzania over the last couple of decade, has resigned, after being fined $720,000 for insider trading by the UK Financial Services Authority.

Chiquita, the global banana producer, was ordered to face a federal court over their role in paying off right wing death squads in Colombia that are alleged to have used "random and targeted violence" against villagers in exchange for financial assistance and access to Chiquita's private port.

The Karoo desert in the Western Cape region of South Africa is threatened by companies like Shell, the Anglo-Dutch oil company, Falcon Oil & Gas and Bundu Oil & Gas that want to frack for natural gas.

Big Brother is watching Iranians with a little help from Chinese and European companies. Reuters revealed that ZTE Corporation had sold Tehran surveillance technology. This comes in wake of revelations late last year by Bloomberg that Creativity Software in the UK had sold the Iranians "location tracking and text-message monitoring equipment."

Brazil has demanded that 17 Chevron and Transocean executives surrender their passports while they await the outcome of criminal charges brought against them for a spill that took place off the coast of Rio de Janeiro last November. Both companies have been in trouble for similar problems in the past.

Emerald Energy, a UK company owned by Sinochem of China, is exploring for oil in the eastern Colombian Andes in the high altitude tropical mountain tundra ecosystem known as páramo. Local communities say that the company's underground explosions have caused landslides and ground collapses that have destroyed homes, crops and contaminated the local water supply.

Three Barclays bankers made more than $15 million in 2011 salary packages, with the CEO making $28 million. The numbers were revealed under a pact made by the banking sector with the UK government, under Project Merlin, sparking outrage.

Greg Smith, a Goldman Sachs employee in London, has quit the company with a fiercely critical op-ed in the New York Times in which he accuses the Wall Street investment bank of losing its moral compass.

The World Trade Organization ruled that U.S. planemaker Boeing received $5.3 billion in illegal government subsidies over a quarter-century. Airbus and Boeing have both complained to the WTO that the other is receiving state aid. They are locked in a long-running trade dispute over a market believed to be worth more than $3 trillion over the next decade.

Two Spanish lawyers have launched a campaign on social networking sites to prise out information about Euribor, the reference interest rate used for calculating mortgage payments in Spain, and to draw attention to the lack of transparency surrounding the way the rate is set.