Money & Politics
While the comment came in a light-hearted exchange with his Democratic opponent Joe Lieberman, Cheney's reply left out how closely Dallas-based Halliburton's fortunes are linked to the U.S. government. The world's largest oil services firm is a leading U.S. defense contractor and has benefited from financial guarantees granted by U.S. agencies that promote exports.
WASHINGTON -- The multinational firms recently fingered for corrupt practices in the United States may be practicing similar operations on a larger scale in developing countries, say long-time corporate watchdogs.
The launch of Russia's stock markets in the early 90s and privatization of state assets has profoundly impacted Russian society. As the case of mining giant Norilsk Nickel illustrates, this experiment has given rise to both immense personal wealth for a new elite, and economic uncertainty for the ordinary citizen.
El hecho contrasta con la postura adoptada por Al Gore, quien rehusÃ³ participar en un seminario sobre Cambio ClimÃ¡tico en Chile el 2007 si la minera impulsora del polÃ©mico proyecto Pascua Lama actuaba como sponsor. Organizaciones norteamericanas cuestionan la asistencia de la Presidencia y aseguran que esta va en direcciÃ³n contraria a la lÃnea de protecciÃ³n social impulsada por la mandataria.
Glenn Spencer, executive director of the U.S. Chamber of Commerce, was in Denver on Monday to decry H.R. 800, federal legislation that would give workers greater rights to unionize. Spencer spoke at the offices of the Colorado Association of Commerce and Industry and warned of the "most radical rewrite of labor law in 70 years."
Vice President Al Gore's campaign announced an all-out effort today to contest Florida's presidential election result, demanding a recount by hand in four counties and promising to support legal challenges as the dispute grew increasingly bitter.
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.
Efforts by defense contractor KBR to repair hurricane-damaged Navy facilities were deemed shoddy and substandard, and one technical adviser alleged that the federal government "certainly paid twice" for many KBR projects because of "design and workmanship deficiencies," the Pentagon's inspector general reported in an audit released yesterday.