Global Trade

The European Food Safety Authority has approved new rules that will ban industry experts from serving on EFSA scientific panels related to their work. Corporate Europe Observatory says the rules are still not strong enough
In Canada's British Columbia, ExxonMobil, Talisman, Shell, and other energy giants are racing to tap the region's "sour gas". But the potential toxicity of the gas is being ignored.
Rainforest activist Ricardo Carrere argues that it's time to reject free trade and return to the environmental principles that guided the 1992 Earth Summit.
A group of protesters have invaded three Shell oil stations in the Niger Delta, forcing the facilities to be shut down, the company said.
Two years ago, rioters protesting increased water rates forced a Bechtel, U.S. company, in Bolivia to pack its bags and leave. Now, in a harbinger of the loss of local control through globalization, the corporation is striking back in secret proceedings.
In a Securities and Exchange Commission filing, Morgan Stanley said it had fired an executive in its China real estate division after uncovering evidence that he might have violated the United States Foreign Corrupt Practices Act, which bars American business people from bribing foreign officials.
The drop in U.S. demand for high-end jewelry in a slumping economy is having ripple effects around the globe as stores close, workers are laid off in mass in the diamond-polishing factories of Gujarat, and countries like Botswana experience a dramatic drop in diamond revenue.
A company controlled by the Persian Gulf state of Bahrain accused Alcoa Corp. of a 15-year conspiracy involving overcharging, fraud and bribery.
How much money did Charles G. Taylor, the deposed president of Liberia, siphon out of his war-shattered country, and where is it? Investigators are developing a new strategy involving filing civil damage claims against companies, governments and international banks that they contend aided Mr. Taylor in illegal transactions.
The highly publicized killing of Carlo Giuliani during the protests in Genoa on Friday, July 19th may mark a milestone for the anti-corporate globalization movement as significant as the Battle in Seattle.