Money & Politics

British officials are seriously concerned about the level of corruption in the Iraqi defense ministry, after the embezzlement of vast amounts of money earmarked for the country's security forces. Officials from the British Ministry of Defense had already warned US and Iraqi authorities against the squandering of money -- and have been proved right, on a catastrophic scale. Read More

COUNTS of massive corruption within governments weave their way through almost every nation. Yet, the accusations surrounding President Kufuor's involvement in the 'Hotel Scandal' seems negligible and overhand when compared to past and ongoing corruption scandals hitting the headlines elsewhere. It seems a bit of underhand dealing comes with the job. The question arises however, of where does one draw the line? Read More

Lurking within the records of most cities and states in America there lies a scandal. A tax scandal. A jobs scandal. A corporate and political scandal. Read More

Although the flights may be legal, critics say they serve as prime examples of how federal contractors and lobbyists use travel and other perks to make friends on Capitol Hill. Read More

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. Read More

As the lobbying heats up in Washington over Unocal, a midsize American oil company, the battle lines in the takeover contest are now drawn clearly, if oddly, by its suitors. Read More

Canadian, Spanish and Danish companies are fueling a border clash in the remote coastal waters off the northern edge of South America in an effort to profit out of recently discovered coastal oil reserves. NEW!Hallliburton Wins New $4.9Billion Iraq Contract Read More

Democrats say that the resignation of a former official on the White House Council on Environmental Quality to join ExxonMobil was an example of coziness between the Bush administration and the oil industry. Read More

J. P. Morgan Chase announced that it had agreed to pay $2.2 billion to Enron investors who accused the bank of participating in the accounting scandal that led to Enron's collapse. Read More

White House sought advice from Exxon on Kyoto stance Read More