Search Results for site

Source: Corpwatch

Ranbaxy, a subsidiary of Japanese pharmaceutical company Daiichi Sankyo, has paid a $500 million fine and pled guilty to selling adulterated drugs manufactured in India. The settlement comes 16 months after the company signed an agreement with U.S. authorities to change its ways.

The 75 year old company was founded in Amritsar, India, as a distributor of anti-tuberculosis medicines and vitamins for Shionogi, another Japanese company. In June 2008, it was bought for $4.6 billion by Daiichi Sankyo and today it is one of India’s top pharmaceutical exporters to the U.S. with $453 million in sales last year. read more

Source: Counterpunch

Delhi.

On Wednesday, April 24, a day after Bangladeshi authorities asked the owners to evacuate their garment factory that employed almost three thousand workers, the building collapsed. The building, Rana Plaza, located in the Dhaka suburb of Savar, produced garments for the commodity chain that stretches from the cotton fields of South Asia through Bangladesh’s machines and workers to the retail houses in the Atlantic world. Famous name brands were stitched here, as are clothes that hang on the satanic shelves of Wal-Mart. Rescue workers were able to save two thousand people as of this writing, with confirmation that over three hundred are dead. The numbers for the latter are fated to rise. It is well worth mentioning that the death toll in the Triangle Shirtwaist Factory fire in New York City of 1911 was one hundred and forty six. The death toll here is already twice that. This “accident” comes five months (November 24, 2012) after the Tazreen garment factory fire that killed at least one hundred and twelve workers. read more

Source: Yes Magazine

Three and a half months ago, the walls upstairs at the Church of the Prophecy in Far Rockaway, a low-income coastal neighborhood of New York City, were covered with maps of where help was most needed. The church was a hub for the Occupy Sandy relief effort after Hurricane Sandy. Now, nearly five months after the hurricane struck, the maps have been replaced by posters extolling the virtues of collective struggle and art made by neighborhood children enrolled in Occupy Sandy’s twice-weekly after-school program. read more