An independent ombudsman has confirmed that World Bank officials should have raised serious questions before the International Finance Corporation (IFC) - the private sector arm of the World Bank - approved a $30 million loan to CorporaciÃ³n Dinant in Honduras in 2009 for palm oil plantation projects.
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.
Human Rights Law Foundation, accuses Cisco Systems of tailoring technology for the Chinese government to monitor and apprehend members of the banned Falun Gong organization.
PORT HARCOURT, Nigeria -- A Rivers State High Court in Port Harcourt has ordered Royal Dutch/Shell to pay US$40 million in compensation for an oil spill which happened in 1970 in Ogoniland.
A new U.S. intelligence institution will allow government spy agencies to conduct broad surveillance and reconnaissance inside the country for the first time. Contractors like Boeing, BAE Systems, Harris Corporation, L-3 Communications and Science Applications International Corporation are already lining up for possible work.
In a move activists hoped would lead to a flood of affordable AIDS medication to Africa, the pharmaceutical industry dropped its suit Thursday challenging a South African law many say would allow the government to import or produce generic versions of the drugs.
A powerhouse team of African-American legal and academic stars is getting ready to sue companies it says profited from slavery before 1865. Initially, the group's aim is to use lawsuits and the threat of litigation to squeeze apologies and financial settlements from dozens of corporations. Ultimately, it hopes to gain momentum for a national apology and a massive reparations payout by Congress to African-Americans.
Egyptian security forces launched a massive crackdown on pro-democracy protestors killing around 300 people this morning. Despite near universal condemnation for the violence, the U.S. government has refused cut off the multi-billion dollar aid program that pays companies to provide support to the Egyptian government.