BBC News: Iraq adopts sweeping economic reforms.
“The changes – set to be implemented in the next few weeks – will allow foreign banks to buy Iraqi financial institutions, while the central bank itself will become independent.
Foreigners will be able to take over businesses and industries that were previously state-controlled.”
And they claim that Washington had nothing to do with this? This is the Washington Consensus written all over it. Liberalise financial markets, no limits on foreign ownership. If th U.S. thinks that keeping the oil industry state run will placate critics, they are sadly mistaken (especially when we already know how embedded Halliburton is in Iraq’s oil affairs already). Sounds to me like a strategy for stripping Iraq of it’s wealth, and control over it’s affairs, in much the same way as the rest of the developing world.
This is ugly and sad…
From an Oxfam emailout:
“On September 15, Procter & Gamble (P&G) ó the largest coffee company in the US ó announced that it would introduce Fair Trade CertifiedTM coffee products through its specialty coffee division, Millstone. This announcement is an exciting campaign breakthrough that will help guarantee small-scale coffee farmers a decent and steady price ó helping them avert poverty and ruin.”
Find out more about the Make Trade Fair campaign.
BBC: Bush rejects Saddam link to 9/11.
Umm… didn’t we already know that? Like, years ago? Well, maybe those daft enough to believe the White House’s implications that there was a link will now be the wiser.
Still no word on all those WMD that were supposed to be ready for launch? Hmmm…
Greenpeace, along with 16 other green groups, have released green power scorecard.
The respective positioning of Integral Energy (above average) and AGL (average) match my experience. Well done to Origin and Australian Inland.