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Trade-Exchange Rates

  • Italy : probe raises ghost of Calvi affair
    10 August 2005 par (Open-Publishing)

    By Fred Kapner
    To seasoned observers of Italy’s colourful financial imbroglios, this summer’s Banca Antonveneta affair evokes memories of many of the country’s most lurid scandals.
    As details emerge of how Antonio Fazio, governor of the Bank of Italy, sought to favour Banca Popolare Italiana, a small Italian bank, over Dutch lender ABN Amro in the takeover battle for Antonveneta, one past scandal comes readily to mind: the Banco Ambrosiano affair. This culminated with the body of Roberto (…)

  • A Look Into the Mirror By Manuel Valenzuela
    10 August 2005 par (Open-Publishing)
    3 comments

    Through the veneer that is Washington, with its grand monuments to great men, its hallowed halls of history, its monolithic structures of governance, its corridors of power, its seats of wealth and effervescent illumination as the reincarnation of ancient Rome, can we, if we dare look upon the vision emanating from its shallow pools, see the manifestation of what America, and by consequence Americans, has become. To see inside the capital of modern day Democracy, Freedom, Liberty, Manifest (…)

  • Ex-Employees Faulted Halliburton Role in Iraq
    7 August 2005 par (Open-Publishing)

    By Deborah Hastings
    WASHINGTON (AP) - Others besides Bunnatine Greenhouse have testified that Halliburton, the biggest holder of American rebuilding contracts in Iraq, has deceived the government and cheated taxpayers.
    The company denies the claims.
    Rory Mayberry, who worked for Halliburton subsidiary KBR from February through April 2004, testified from Iraq, via videotape, to the Democratic Policy Committee in June.
    As a food manager at a U.S. military camp, Mayberry said he (…)

  • CAFTA: Democracy Sold Out
    30 July 2005 par (Open-Publishing)
    4 comments

    By Deborah James
    At 12:03 a.m. on July 28, the House of Representatives approved CAFTA, the Central America-Dominican Republic-United States Free Trade Agreement.
    The bill, which would expand NAFTA to Central America and the Dominican Republic, would devastate farmers, privatize essential public services, and accelerate the race to the bottom on wages in the U.S. and all over Central America.
    At the end of the allotted 15 minutes of voting time, the count was 180 to 175 against CAFTA, (…)

  • Our new Supreme Ct Nominee: His wife is big in satellite systems; her company is targeting Iraq
    27 July 2005 par (Open-Publishing)
    2 comments

    Yet another first for our boundary-breaching White House: for the first time in American history, we’re going to have a justice on the high court whose spouse facilitates financing and putting together global satellite systems.
    Also, the company in which she is a partner, Shaw Pittman, emphasizes among other things its expertise in facilitating business in Iraq:
    “We offer one-stop service to clients pursuing projects in Iraq, from solicitation and RFP counseling to working with key (…)

  • China, Russia issue joint statement on new world order
    2 July 2005 par (Open-Publishing)
    5 comments

    MOSCOW, July 1 (Xinhuanet) — China and Russia here Friday issued a joint statement on a new world order in the 21st century, setting forth their common stand on major international issues, such as UN reforms, globalization, North-South cooperation, and world economy and trade.
    The statement was signed by Russian President Vladimir Putin and visiting Chinese President Hu Jintao after their talks.
    During their talks, the two leaders discussed ways to further enhance the strategic (…)

  • Halliburton has received 52% of the $25.4 billion that the Pentagon has paid private contractors
    1 July 2005 par (Open-Publishing)
    7 comments

    Halliburton Hearing Unearths New Abuse
    Every morning 120 trucks line up at the Kuwait-Iraq border to deliver gasoline from Kuwaiti refineries. The drivers, mostly poor South Asian men from India, Pakistan and Bangladesh, must cross at dawn because if they wait too long, the managers from Kellogg, Brown and Root (KBR), a subsidiary of Texas-based Halliburton, who operate the border post during the day, will subject them to rigorous checks that effectively shut down the deliveries.
    "The (…)

  • Chávez explains the fundamentals of Petrocaribe
    1 July 2005 par (Open-Publishing)
    2 comments

    – Venezuela has greater oil reserves than any Middle Eastern nation To contribute $50 million initially for Petrocaribe to immediately begin functioning
    BY JOAQUIN RIVERY TUR Granma daily special correspondent
    PUERTO LA CRUZ, Venezuela, June 29 ­ President Hugo Chávez explained during the 1st Energy Summit of Caribbean Heads of State and Government that the Venezuelans had designed a plan for Petrocaribe, according to which oil supplies would be directed toward three points: Cuba (…)

  • Auditors: Halliburton Overcharged Taxpayers $1 Billion
    28 June 2005 par (Open-Publishing)
    7 comments

    WASHINGTON: A top US army procurement official said today Halliburton’s deals in Iraq were the worst example of contract abuse she had seen as Pentagon auditors flagged over $US1 billion ($NZ1.42 billion) of potential overcharges by the Texas-based firm.
    Bunny Greenhouse, the Army Corps of Engineers’ top contracting official-turned whistle-blower, said in testimony at a hearing by Democrats on Capitol Hill that "every aspect" of Halliburton’s oil contract in Iraq had been under the control (…)

  • When US Indulges In Blackmail
    13 June 2005 par (Open-Publishing)
    1 comment

    When US Indulges In Blackmail Tony Nwosu June 09, 2005 A few days ago, the Joint Development Authority (JDA) released the winners of latest licensing round of oil blocs in the Joint Development (Economic) Zone (JDZ) owned by Nigeria and Sao Tome and Principe, on behalf of the two countries. The JDA administers the economic zone in the Gulf of Guinea, said to be very rich in oil deposits. At the end of the exercise, many Nigerian companies were successful in the various consortia that won (…)