Military, Security & Surveillance
Activists have condemned Credit Suisse and VTB of Russia for lending $850 million to Mozambique in 2013 that was used mostly to buy military equipment, despite telling the public that the money would be used to buy fishing boats.
In early May, the Obama administration announced plans to eliminate the advantages that multinationals have over domestic corporations as to the tax treatment of reinvested profits. K Street corporate lobbyists haven't squealed so loudly since they lost their three martini lunches. The uproar draws attention away from the fact that U.S. multinationals enjoy an effective tax rate of just 2.4 percent on billions of dollars in foreign active earnings.
Sixteen Indiana national guardsmen filed a lawsuit yesterday against military contractor KBR. The complaint alleges that several reservists contracted respiratory system tumors and skin rashes after guarding reconstruction work at the Qarmat Ali treatment plant, strewn with the toxin chromium dichromate.
Top military officials continue to rely on a secret network of private spies set up by Michael D. Furlong, despite concerns about the legality of the operation. A New York Times review found Mr. Furlong's operatives still providing information, with contractors still being paid under a $22 million contract, managed by Lockheed Martin and supervised by a Pentagon office.
Children have become lucrative targets for data mining companies, according to a study by Politico magazine. Just weeks after Google settled a lawsuit for selling student data for advertising, the publication revealed an entire industry devoted to marketing data gathered from Internet applications offered to students and their teachers.
As a growing number of Department of Homeland Security employees exit the agency, the practice of former officials joining prestigious research or academic institutions while working on behalf of for-profit companies is not uncommon in Washington.
When U.S. troops or embassy officials want to investigate Iraqis - such as interrogating prisoners, the principal intermediary is a Manhattan based-company named L-3. CorpWatch is pleased to release an updated version of this report, with recommendations from Amnesty International on human rights and other standards for translation and intelligence contracting.
India is developing a military appetite to match its growing economic power. With a ballooning arms budget, India will soon become one of the largest military markets in the world, making it an important new target for American arms manufacturers.