Metals swap deals with Iran by Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against Tehran over its nuclear program, according to a confidential U.N. Panel of Experts report seen by Reuters on Wednesday.
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Tax avoidance, secret mining deals and financial transfers are depriving Africa of the benefits of its resources boom, ex-UN chief Kofi Annan has said. (Remember food for oil? He should know!)
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More people than ever rely on Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps. This is in part due to a bad economy, but it’s also because hundreds of recruiters now work to enroll people in the government program.
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GlaxoSmithKline has been accused of paying three generic firms to delay the release of cheaper copies of one of its key anti-depressant drugs in a bid to protect one of its best performing products.
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Ruling that it violates copyright law by making illegal reproductions. This ruling has wide reaching ramifications for all trade in used goods.
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The rebel now in charge of the Central African Republic has said his government will look into mining contracts signed with South African and Chinese companies by the ousted leader. So that was the reason the West didn’t back the government!
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The alliance between Russian and Venezuelan energy companies will likely outlast the regime of the late Hugo Chavez, thanks to megadeals struck with Rosneft boss Igor Sechin.
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As many as 150 German and 36 Dutch poultry farms are being investigated for fraud involving organic eggs. Led by prosecutors in Oldenburg, Germany, the investigation is looking into violations of organic rules for free-range egg production.
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For the first time in Dutch trade union history, unions De Unie and the FNV have agreed deals which give extra benefits to members, the AD reports on Monday.
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Nicolas Sarkozy was plunged into yet another corruption scandal today following allegations that he tried to interfere in an arms sales enquiry while president of France.
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