Privatization & Procurement
As the outsourcing of jobs has become a hot election year issue in the US, call centers in India continue to multiply. Local workers answer calls for US corporations at a fraction of the cost of an American worker.
Rich countries must deliver more money directly to poor nations to avert a growing health and sanitation crisis spreading across the southern hemisphere, Oxfam will say today.
Almost none of the huge amount of money "loaned" to Greece has actually gone there, writes Joseph Stiglitz, former World Bank chief economist. CorpWatch's EuroZone Profiteers report sheds light on how some of it was used to pay off bad loans made by private-sector banks in France and Germany.
A Hammond security company, Inner Parish Security Corp., which admitted to several "serious" state violations, including hiring an underage officer, has been awarded a large federal contract to provide private security officers at FEMA trailer parks in metro New Orleans.
South Africa's giant electric company is a major polluter and leads the way in utility privatization. It also wants us to believe that it is a leader in sustainable development.
Transfield Services, an Australian logistics company that provides services to the mining and oil industry among others, has won a $25.9 million contract from the government of Australia to run a detention center for asylum seekers in the Pacific island nation of Nauru.
Bechtel Corp. helped build the Bay Area subway system, Hoover Dam and a city for 200,000 in the desert of Saudi Arabia. It likes to boast that it can go anywhere, under any conditions and build anything.
Amnesty International today assailed the United States' use of military contractors in Iraq as "war outsourcing" and said the behavior of some contractors had diminished America's moral standing.