Business North America Russia United States

Exxon Petitions US Government for Waiver on Russia Sanctions

Washington, D.C. (GPA) – Secretary of State Rex Tillerson’s former employer Exxon Mobil, is seeking a to bypass US sanctions on Russia via a waiver from the federal government. The US oil giant Exxon Mobil petitioned the US government for a waiver from the Russia sanctions regime, imposed on Moscow following the outbreak of hostilities in Ukraine.  This […]

Business Israel & Palestine Middle East

Netanyahu Facing New Investigation for Fraud and Bribery

(GPA) Jerusalem – The Israeli police claimed to have found new information in an ongoing secret inquiry into Prime Minister Benjamin Netanyahu’s business dealings and at now asking the attorney general’s office to authorize a full investigation. The secret probe into Netanyahu began about nine months ago and revolved around accusations that the PM had […]

heckler & koch
Business Europe Germany NATO Trade

Heckler & Koch Will Stop Arming ‘Undemocratic and Corrupt’ Countries

(GPA) Oberndorf, Germany – German arms manufacturer Heckler & Koch has announced they’ll no longer be supplying weapons to countries they deem “undemocratic and corrupt,” many of the countries that fit this criteria are US allies. The primary countries who will lose access to the variety of pistols, rifles and submachine guns produced by the […]

Africa Americas Asia Business China India Pacific Islands Philippines South China Sea Trade United States

After Death of TPP, China Makes Moves to Dominate Asia With New Trade Pacts

(GPA) Lima – For all the horrible chapters and faults of the Trans Pacific Partnership (TPP), it seems President Obama was right about one thing – without the trade pact, southeast Asian countries are now looking to China for economic opportunity. This past week at the Asia-Pacific Economic Cooperation (APEC) summit in Peru, Barrack Obama spent […]

Asia Business News

CEOs Can Now Be Prosecuted Like War Criminals at the Hague

(TeleSUR) – The court’s new focus on land grabbing and environmental destruction could help put a dent in corporate impunity. The International Criminal Court announced Thursday it will now hold corporate executives and governments legally responsible for environmental crimes. The Hague court made explicit references to widening its approach to include land grabbing, which has allowed private […]

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Business

Report: Private Lenders Increase the Risk of a Global Debt Crisis

(teleSUR) Private creditors have replaced the public sector as lead borrower to developing countries, which has contributed to a new borrowing and lending boom. Private financial institutions are responsible for prompting a potential “new wave” of debt crises among developing nations, according to a new report carried out by European Think Tank Eurodad. Public debt in […]

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Business Europe Germany North America United States

Monsanto Rejects Bayer’s Latest Sweetened US$64 Billion Offer

(TeleSUR) – The agro-business giant has rejected a buyout offer from Bayer yet again. Bayer said its sweetened US$64 billion acquisition offer for Monsanto would not be subject to any financing conditions, responding to the U.S.-based agro-company’s rejection of its latest proposal on Tuesday. Bayer said it was disappointed by Monsanto’s rejection, saying the proposal offered immediate […]