Energy, Mining & Utilities
Well over a year after AES Corporation, a U.S. based power company headquartered in Arlington, Virginia, inundated the lands of the NgÃ¤be to build a hydroelectric dam in Panama, many in the community remains dispossessed.
On Thursday, the supreme administrative court ruled that the planned sale of the Electricity Generating Authority of Thailand (EGAT), to raise an estimated 892.5 million US dollars, was illegal.
According to insiders and to documents obtained from the State Department, the neocons, once in command, are now in full retreat. Iraq's system of oil production, after a year of failed free-market experimentation, is being re-created almost entirely on the lines originally laid out by Saddam Hussein.
New logging permits were suspended Friday in a huge Amazon state where the rain forest is being cleared at an ever increasing rate, a day after police launched a crackdown on official corruption.
When Chevron learned that "60 Minutes" was preparing a potentially damaging report about oil company contamination of the Amazon rain forest in Ecuador, it hired a former journalist to produce a mirror image of the report, from the corporation's point of view. An Ecuadorean judge is expected to rule soon on whether Chevron owes up to $27 billion in damages.