Global News and Analysis

Source: Indypendent

One of the largest oil producers in the world, Nigeria exports 1.1 million barrels of petroleum a day to the United States. The continuing BP oil disaster in the Gulf of Mexico has refocused attention on the vast Niger Delta, home to thousands of oil and gas installations and an array of militant groups waging armed struggle against Western oil companies, a kleptocratic state and ruthless military forces. More than 5,000 miles from U.S. shores, the equivalent of an Exxon Valdez’s worth of oil has reportedly poured into the lush delta every year for the last 50 years. read more

Source: Tom Dispatch

This might be an opportune time to make a disclosure: I am a BP shareholder. Admittedly, I’ve never attended the company’s annual meeting, and if I did, I would have very little weight to throw around.

I own two shares of BP stock. I received my stake in the company as a Christmas gift in 1989, when I was 14 years old. The previous June, I had taken a “summer enrichment” course in the Des Moines public schools, designed as an introduction to the world of business. The teacher gave each of us in the class a modest hypothetical budget to invest in the stock market. read more

Source: The Real News

Fear in the state’s Latino community is not a side-effect, it’s the stated goal of those in power.

‘Attrition by enforcement’ is the name of the game in Arizona. The goal is to dissuade undocumented immigration by making life unbearable for the undocumented already living in Arizona. Desert tent jails and arbitrary checkpoints are two of the tactics used to strike fear into the undocumented with the goal of deterring others from coming. Ecuadorian filmmaker Oscar León, who has been covering this issue from Arizona for the past three years, points out that the undocumented can’t possibly be separated from the documented Latino population without a police state, and Arizona has been developing it’s own version long before the controversial SB1070 law was on the map. read more

Source: The Nation

We’re almost at the happily-ever-after stage of the Gulf oil spill story. The well has been killed, the beaches are being scrubbed and wicked Tony Hayward has been banished to Russia. All that’s left now is for BP to make good on the damage it has caused. The company has set aside $32 billion to meet its liabilities, while doing everything in its power to keep the damages below that figure. But even if it has to pay the full price, it will have won one of the biggest bargains in corporate history. BP’s true debt is far higher than any of the figures that have been floated to date. The biggest costs to the Gulf have yet to be seen. read more

Source: The Independent

At first, this isn’t going to sound like a good news story, never mind one of the most inspiring stories in the world today. But trust me: it is. Yan Li spent his life tweaking tiny bolts, on a production line, for the gadgets that make our lives zing and bling. He might have pushed a crucial component of the laptop I am writing this article on, or the mobile phone that will interrupt your reading of it. He was a typical 27-year-old worker at the gigantic Foxconn factory in Shenzen, Southern China, which manufactures i-Pads and Playstations and mobile-phone batteries. read more

Source: IPS News

(IPS) – Jubilant supporters say it is a new dawn for Kenya. Sixty-seven percent of votes cast endorsed a new constitution more than two decades after reform was first raised.

Speaking to IPS soon after the results were announced, Senior Counsel Paul Muite, a former member of parliament, expressed joy at the victory, equating it to the jubilation experienced when Kenya attained independence in 1963.

“This is the rebirth of the state of Kenya in the sense that expectations of independence in 1963 were never realised. Those who took over then stepped into the shoes of the colonial masters and the socio-economic benefits ended up in the hands of a few, Muite said. read more