Police Widen PetroVietnam Graft Inquiry

Vietnamese police have widened their investigation into alleged graft and mismanagement connected with the state-owned oil and gas giant PetroVietnam that caused $69 million in losses.  Three PetroVietnam subsidiaries are being investigated for alleged abuse of power in appropriating $5.3 million, the Ministry of Public Security said in a statement …

your ad here

Workers on Seasonal US Visas Tell Panel of Abuses

As Congress looks into ways to fix the immigration system, often with the goal of safeguarding job opportunities for U.S. workers, at least one immigration organization argues that current federal regulations fail to protect foreign visa holders from job misrepresentation, recruitment fees, exploitation, fraud and discrimination. Four women who came …

your ad here

Gambia Turns to Private Maritime Policing

Gambia is negotiating deals with three private companies to crack down on rampant illegal fishing in its territorial waters, a senior official with the fisheries ministry told Reuters. Made possible by poor monitoring capacity and, in some cases, corrupt local officials, illegal fishing costs West Africa’s coastal nations about $2.3 …

your ad here

Tanzania Demands More from Mining Companies

Tanzania’s government has been cracking down on irregularities in the mining sector, most recently confiscating diamonds worth $15 million from British company Petra Diamonds, accusing it of devaluing exports. And in July, the government demanded gold miner Acacia pay $190 billion in what it asserted were unpaid taxes, saying the …

your ad here

US Family Incomes Up, Poverty Down

In the United States, family incomes are up, the poverty rate is down, and the number of people covered by health insurance has improved. Experts at the Census Bureau published the data Tuesday, and it shows the median household income rose 3.2 percent between 2015 and 2016, hitting $59,039. That …

your ad here

Wisconsin Set to Approve $3 Billion for Foxconn

The Wisconsin Senate was poised to approve nearly $3 billion in cash payments for Taiwan-based Foxconn Technology Group on Tuesday, an unprecedented incentive package for the electronics company to locate a flat-screen factory in the state. The proposed subsidy would be the largest ever from a U.S. state to a …

your ad here

Global Witness: Zimbabwe Officials, Military Secretly Exploit Diamond Sector

International watchdog group Global Witness says powerful political elites and security forces have controlled and secretly exploited Zimbabwe’s diamond sector for a decade. Zimbabwe’s dreaded Central Intelligence Organization and the military are among the state actors accused of holding stakes in private diamond enterprises, trading the country’s precious stones on …

your ad here