Global Trade

The auditor PricewaterhouseCoopers is overhauling its operations in India two months after starting an investigation into fraud at Satyam Computer Services, a software and outsourcing firm whose chairman said in January that he had falsely claimed assets of $1 billion in cash and overstated operating margins.
Three overseas sweatshop lawsuits involving dozens of the United States' largest retailers and a 30,000-member class of garment workers have settled for $20 million.
At Doha, Katar, in the World Trade Organization's 4th Ministerial meeting, issues which jeopardize Peoples' sovereignty, promote the planet's environmental degradation, and threaten the last frontiers not yet inmersed in development are being discussed.
An oil company whose chief executive has bankrolled the Conservatives won exclusive rights to trade with Libyan rebels during the conflict, following secret talks involving the British Government.
BAE Systems has been accused of operating a $33.4 million slush fund to procure prostitutes, sports cars, and other enticements in connection with the biggest transaction in UK history -- the Al-Yamamah arms-for-oil deal with the Saudi royal family. Listen online here via FSRN!
WASHINGTON -- U.S. President George W. Bush is on the verge of winning ''fast-track'' authority to negotiate new trade agreements, but at the expense of human rights and environmental protections, say die-hard critics.
The anti-capitalist campaigner José Bové compared himself to Gandhi when he went on trial yesterday for demolishing a McDonald's restaurant in a southern French market town.
In a secluded valley a few miles from Kabul's international airport, $285 million in U.S. taxpayer dollars have flowed into a Black & Veatch-built power plant outside Tarakhil village. But, far from the public relations coup the project was intended to supply, the plant has run into problems with planning, cost over-runs and alleged corruption.
Worried about a repetition in Italy of the violent protests that occurred at a European Union meeting in Sweden last weekend, Prime Minister Silvio Berlusconi said today that he wanted to open a dialogue with demonstrators who are planning to march at the Group of 8 summit meeting in Genoa next month.
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.