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The majority of US corporations are evading (or at least avoiding) paying their fair share of income taxes : Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report released Tuesday
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Following a speech in Missouri yesterday, President Bush engaged in an exceedingly rare question-and-answer session with employees of the company where he was speaking. Among other topics, he repeated his threadbare spin of ethanol as a viable fuel source

I'm not one to automatically trust the word of any OPEC minister, but this quote from Chakib Khelil, Algeria's energy minister, bears some consideration : Opec's president on Monday warned oil prices could hit $200 a barrel and there would be little the
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Barack Obama said this yesterday : "In a lot of these communities in big industrial states like Ohio and Pennsylvania, people have been beaten down so long. ... The jobs have been gone now for 25 years, and nothing's replaced them. And they fell through

When China was awarded the 2008 Olympics seven years ago, the executive director of the International Olympic Committee made the announcement with breathtaking naiveté : Beijing was the front-runner throughout the race, even with criticism about its human
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President Bush signed the Colombia Free Trade Agreement yesterday and sent it to Congress for consideration, over the objections of practically anyone with a conscience : President Bush’s decision to send the U.S.-Colombia Free Trade Agreement (FTA) to

Global Issues has published a run-down of recent statistics on global poverty. Among the startling findings: Half the world -- nearly three billion people -- live on less than two dollars a day. [...] According to UNICEF, 26,500-30,000 children die each

The Bali conference on climate change has begun; its goal is to establish a framework for negotiating a treaty which will pick up the slack when the Kyoto protocol expires in 2012. The US delegation and the White House have been making public pronouncements

China's state-owned oil company, PetroChina, held its IPO today on the Shanghai stock market. The debut raised $9 billion in one day; since this offering was only a tiny fraction of PetroChina's total stock, the company ended the trading day with a market
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This article provides an in-depth survey of the current state of international arms trading. A couple of choice quotes: Vast government subsidies are sought after in the pursuit of arms trading. US and European corporations receive enormous tax breaks

This is outrageous : Child workers [in India], some as young as 10, have been found working in a textile factory in conditions close to slavery to produce clothes that appear destined for Gap Kids, one of the most successful arms of the high street giant.

Well, this certainly isn't a good sign : Venezuela and Iran are forging closer oil ties in hopes of reducing their dependence on the United States, inking a $4 billion deal to develop a block of the lucrative Orinoco Reserve in Venezuela. According to
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This Bloomberg article (via Andrew Eder ) goes into quite a bit of detail about TVA's current and past nuclear program. This part caught my eye (although I don't know how these estimates were derived): Investment banking consultant Gary L. Hunt, president

This is a very, very good idea : It's bound to go down the wrong way in Beijing: A U.S. health food company will label its products "China-Free" to ease concerns about contamination. Food for Health International, based in Orem, Utah, makes whole food
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Oh my Lord. Chrysler plans to start importing Chinese cars into the US : Chrysler Group signed a deal Wednesday with China’s biggest automaker, Chery, to launch a low-cost production venture that could export the first Chinese-made cars to the United

France, for whatever bizarre reason, is a popular target of scorn and derision among wingnuts, except when it suits their purposes : Congressional and government delegations, together with the defense and aerospace industries, are making final preparations
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Remember the debate about NAFTA in the early 1990s? It was supposed to increase US exports by eliminating tariffs between the US, Canada, and Mexico. Simultaneously, it promised wholeheartedly to increase the standard of living in Mexico due to increased
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The Pope faced pretty much global opprobrium and condemnation for his foot-in-mouth proclamation that the Catholic-led invasion of the Americas "had not imposed itself on the indigenous peoples" and that the invaders "purified" the natives, apparently
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