Deadly protests lead to the closure of Vedanta’s copper smelter in southern India

The Tuticorin copper smelter located in a South Indian city of 320,000 and owned by Vedanta Resources, has faced criticism for more than two decades for causing increased cancer rates in surrounding villages. Nisha Valderas, a resident, describes the situation: “If you go to the doctor, the first question is: Are you from Tuticorin?”. She knows of at least three people from the region who died of cancer before the age of eighteen.   ... →

Tank deal for Yücel’s release?

Just a few days after Deniz Yücel’s surprise release, it appears that Turkey is expecting something in return. At the Munich Security Conference, Prime Minister Yildrim told dpa that it had requested German participation in the planned construction of the primary Turkish battle tank. According to the SZ, more than 1000 Atalay tanks are planned, for which the RBSS joint venture between the Turkish truck producer BMC and Rheinmetall was already founded in 2016.   ... →

Samsung Electronics – Climate Change

 Greenpeace-Aktivisten protestieren gegen den Klimawandel  | Bild (Ausschnitt): © Tim Aubry [CC BY-SA 3.0] - https://en.wikipedia.org/w/index.php?title=File:Too_big_to_fail_Greenpeace_banner_Phil_Radford.jpg

The latest Greenpeace report published January 2018 exposes Samsung Electronics’ overreliance on fossil fuels. Reports show that Samsung used more than 16,000GW/h of energy in 2016 alone, of which only 1% was sourced from renewables.((https://www.greenpeace.de/sites/www.greenpeace.de/files/publications/20171017-factsheet-greenpeace-green-it-guide.pdf)) This lags far behind other global IT companies, among Apple Inc., which have already committed to 100% renewables by 2020. In effect, this is controversial to Samsung’s claim “Do Bigger Things” as the company “lacks action to mitigate the effects its massive production has on the environment,” said Jude Lee, Senior IT Campaigner at Greenpeace East Asia.   ... →

Syndicate of banks, including European banks, signs agreement with Norilsk Nickel for 2,5 Billion over five years.

Norilsk Nickel, as reported in our previous Dirty Profits 5 report , has had serious concerns in relation to environmental pollution and health problems for the local population. In 2009, the Norwegian Government Pension Fund excluded Norilsk Nickel due to severe environmental degradation at the company’s Polar Division and in particular surrounding the City of Norilsk.   ... →

Trumps Business with Deutsche Bank being investigated by FBI

 Trump im Gespräch mit Putin während dem G20-Gipfel 2017 in Hamburg  | Bild (Ausschnitt): © Website of the Russian President [CC BY 4.0] - Kremlin.ru

Investigations by the FBI into the alleged Russian manipulations of the 2016 US presidential elections are now including the Deutsche Bank. There is a suspicion that the bank’s loans to the US President have ties to the Russian government. According to a report by the Handelsblatt, FBI special investigator Mueller has applied for a subpoena, compelling the release of material.   ... →