Global Trade

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The Coalition of Immokalee Workers (CIW) plans to hold a protest outside the offices of Nelson Peltz, board chair of Wendy’s fast food restaurants from March 15-18. The protest will highlight ongoing human rights abuses faced by the agricultural workers in Mexico who pick tomatoes for the chain. Read More
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Takata, the Japanese auto parts maker, will pay a $1 billion fine to the U.S. government after pleading guilty to hiding information about the likelihood that the company’s car air bags could accidentally explode. Takata air bags have been linked to at least 17 deaths around the world. Read More
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The Yerisiam Gua indigenous community of West Papua filed a complaint six months ago against a Sri Lankan owned conglomerate for taking over their land to create a palm oil plantation. To this day, the industry body charged with oversight has yet to formally respond to their concerns. Read More
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Six executives of Swiss pharmaceutical giant Novartis have been indicted in a South Korean bribery scandal. The indictments follow similar charges in China, Turkey and the U.S. and allegations of falsifying drug trial data in Japan. Korean prosecutors have recommended that Novartis sales be suspended for six months. Read More
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Greek tax investigators have raided the house of Christos Sclavounis, the former head of investment banking for UBS. The crackdown is part of an agreement that the country reached with international lenders in order to reduce tax evasion by Greek elites suspected of hiding their income in Switzerland. Read More
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