U.S. taxpayers shell out 20 billion dollars a
year to pad business chiefs' earnings and to prop up the world's most
lopsided corporate pay scales, say activists seeking to highlight
inequality in this election year. By Abid Aslam.
British mining company Anglo American is profiting from a pattern of global abuse and brutality against poor people, including the murder of opponents who say the firm’s mining operations threaten their livelihoods. Anglo American is the world’s second largest mining company and one of the 10 largest British companies, with net profits of over $6 billion in 2006.
Increasing attempts by governments and corporations alike to decrease the share of taxes paid by multinational companies could lead to a crisis situation for public funding in many parts of the world, warns a new study released by one of the leading international trade union organizations.
EU trade policy is being driven by the demands of European businesses for new markets rather than by the needs of developing countries, European citizens or the environment according to a report released as European trade ministers meet in Brussels.