War & Disaster Profiteering

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Special to CorpWatch
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In Eastern India's Jharkand State, tensions are mounting between Indigenous tribal communities and the Uranium Corporation of India Limited, or UCIL. Heavy security at a May public hearing in Jadugoda prevented many local activists and villagers from entering. But outside the hearing, activists from the Jharkhandi Organization Against Radiation (JOAR) argued their case for protecting their health and the environment from horrific impacts of radioactive contaminated waste resulting from uranium mining. Read More
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New York Times
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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. Read More
Published by
New York Times
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A suicide attack Thursday in Rawalpindi was the first that singled out workers of Pakistan's prized nuclear labs. Military analysts said they were from the Kahuta Research Laboratories, where weapons-grade uranium is produced. The lab was once run by Abdul Qadeer Khan, the father of Pakistan's nuclear program and one of the most successful nuclear proliferators in history. Read More
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Wall Street Journal
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Next week, Iraqi officials will auction off oil contracts to foreign companies for the first time since Iraq nationalized its oil industry three decades ago. Some 120 companies expressed interest in bidding for the contracts, and thirty-five companies qualified. They include Exxon Mobil Corp., Royal Dutch Shell PLC, Italy's Eni SpA, Russia's Lukoil and China Petroleum & Chemical Corp., or Sinopec. Read More
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Wall Street Journal
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The Iranian regime has developed one of the world's most sophisticated mechanisms for controlling and censoring the Internet. The Iranian government appears to be engaging in a practice often called deep packet inspection. The monitoring capability was provided, at least in part, by a joint venture of Siemens AG, the German conglomerate, and Nokia Corp., the Finnish cellphone company. Read More
CorpWatch, with support from the Sunlight Foundation, announces release of the CrocTail application and open CorpWatch API. CrocTail provides an interface for browsing information about U.S. publicly traded corporations and their many foreign and domestic subsidiaries. CrocTail also serves as a demonstration of the features and data available through the CorpWatch API. Read More
Published by
Salon.com
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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. Read More
Published by
Washington Post
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In a combative and sometimes colorful annual meeting, Chevron's CEO and chairman exchanged barbs with activists over pollution in the Amazon rain forest and the company's human rights record. The nation's second-largest oil company is awaiting a verdict from a judge in Ecuador that could come with a $27 billion price tag. Read More
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Chevron's 2008 annual report is a glossy celebration of the company's most profitable year in its history. What Chevron's annual report does not tell its shareholders is the true cost paid for those financial returns, or the global movement gaining voice and strength against the company's abuses. This jointly-produced report documents negative impacts of Chevron's operations around the globe, in stark contrast to the message sent by the company's ubiquitous "Human Energy" advertising campaign. Read More
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Wall Street Journal
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The Justice Department is increasing its prosecutions of alleged acts of foreign bribery by U.S. corporations, forcing them to take costly steps to defend against scrutiny. The crackdown under the Foreign Corrupt Practices Act, or FCPA -- a post-Watergate law largely dormant for decades -- now extends across five continents and penetrates entire industries. Read More
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