Money & Politics

The Obama administration began Friday to publicly chastise BP America for its handling of the spreading oil gusher in the Gulf of Mexico. Officials initially seemed to underestimate the threat of a leak, just as BP did last year when it told the government such an event was highly unlikely.
A lawsuit against Victor Dahdaleh, a Canadian-British billionaire, for allegedly paying £39 million ($65 million) in bribes to win supply contracts worth £2 billion ($3.2 billion) from Aluminium Bahrain (Alba) has collapsed.
In February, the United States attorney's office in Manhattan is scheduled to go to trial in the largest foreign bribery case brought against an American citizen. It involves a labyrinthine trail of international financial transfers, suspected money laundering and a dizzying array of domestic and overseas shell corporations. The criminal case names Mr. Nazarbayev as an unindicted co-conspirator.
Nigerian soldiers guarding Chevron oil rigs billed the company for $109.25 a day after they allegedly attacked two villages in the volatile country, killing four people and setting fire to homes.
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.
Canada has launched a dispute at the World Trade Organisation over the use of "trade-distorting" agricultural subsidies by the US. The dispute singles out payments to American corn farmers but also challenges the total level of US agricultural subsidies.
Over the last 50 years, a network of cronies helped former Indonesian president Suharto build a business empire and amass a multi-billion dollar fortune. Today his successors face an uphill battle to recover the money even after his death.
El hecho contrasta con la postura adoptada por Al Gore, quien rehusó participar en un seminario sobre Cambio Climático en Chile el 2007 si la minera impulsora del polémico proyecto Pascua Lama actuaba como sponsor. Organizaciones norteamericanas cuestionan la asistencia de la Presidencia y aseguran que esta va en dirección contraria a la línea de protección social impulsada por la mandataria.
This profile of Spain is from CorpWatch's EuroZone Profiteers report which investigates the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left the countries deep in debt.
The press has spilled plenty of ink writing about Jack Abramoff, the powerful Washington lobbyist