Property, Tourism & Transportation

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CorpWatch
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Billions of euros in bank loans and investments are flowing into companies operating in Israel’s settlements in the Occupied Palestinian Territories. They include construction contractors like HeidelbergCement and Volvo, travel operators like Airbnb, Booking, and Expedia, as well as military and surveillance contractors like Cisco, Elbit Systems and Motorola. Read More
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Indigenous communities in South Africa have taken to the streets in Cape Town, South Africa, to protest retail behemoth Amazon’s plans to build a sprawling new headquarters at the foot of Table Mountain, at the confluence of Liesbeek and Black Rivers. Read More
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One megaship - the Ever Given operated by Evergreen Marine of Taiwan - single-handedly blocked as much as 12 percent of global shipping last week when it got stuck in the Suez canal en route from the port of Ningbo in China to the port of Rotterdam in the Netherlands. Read More
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MV Wakashio, a Panamanian-flagged bulk carrier owned by Nagashiki Shipping and chartered by Mitsui OSK Lines, hit a coral reef off the coast of Mauritius in late July. Over the course of the next few weeks, the vessel split in two spilling fuel oil and creating an ecological disaster. Four separate and ongoing investigations are still trying to unravel exactly what happened to the MV Wakashio and how to determine who has to pay how much for the damage. Read More
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CorpWatch Blog
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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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Media attending the Olympic Games in Rio de Janeiro are being housed in apartments constructed by workers "in conditions analogous to slavery" by Cyrela, the largest real estate company in Brazil. The local community has also complained that the construction has ruined the water supply and destroyed forested areas. Read More
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Activists say fines paid by Volkswagen to settle the "Dieselgate" scandal should be paid into a fund to help vulnerable populations like school children and low income communities, as punishment for installing software in some 11 million vehicles to enable the cars to cheat on emissions tests. Read More
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