Global Trade

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.
(December 10, 2002) -- OXFAM is calling on EU leaders meeting at the EU summit in Copenhagen (December 12 - 13) to scrap the Common Agriculture Policy's export subsidies regime which is having a devastating impact on farmers in the developing world.
Michaela, a deceased 5 month old, is one of more than 13,000 Argentine children to participate in a clinical study implemented a little more than a year ago by the London-based GlaxoSmithKline, the world's second-largest drug manufacturer.
An arm of the Pentagon has come under fire for procuring large quantities of apparel from a Nicaraguan factory that labor rights groups say is a sweatshop and that the United States trade representative has voiced serious concerns about.
Under a strong summer sun and a broad political proclamation that "Another world is possible," tens of thousands of activists from around the world are arriving here for the second annual World Social Forum. The host, like last year, is Brazil's southernmost major city, capital of the state of Rio Grande de Sul.
Authorities of Shell Petroleum Development Company (SPDC) have unveiled a new security strategy for securing oil pipelines and platforms within the Niger Delta region. Shell has appointed former MEND militant commander, Eris Paul, and his company, Eristex Pipeline Patrol, to secure oil facilities in the Southern Ijaw area of the Delta.
Evo Morales was sworn in on Sunday as Bolivia's first indigenous president in a historic and emotional ceremony that set the tone for his new government, promising to move much the profits of Bolivia's natural resources to the people of Bolivia.
Nestle says that it will destroy 400 million packets of Maggi brand instant noodles in India worth some Rs 320 crores ($50.5 million). The company made the announcement after the Food Safety and Standards Authority of India found "hazardous" levels of lead in company products and ordered legal action.
Japan is using official lending agencies which provide development aid to promote the export of Japanese incinerators to Thailand, Greenpeace alleges.
In response to pressure from the maquiladora industry, the Mexican government is now paving the way for the large-scale pulpwood plantations in order to provide industry with raw material to produce cheap pulp and paper.