Category: Odious Debts

Prosecute Pinochet

(August 27, 2004) Augusto Pinochet must have thought he was in the clear when he gave a television interview to a Cuban-American journalist last year. Chile’s Supreme Court had ruled him mentally unfit to stand trial in 2002, and it looked as if he would never have to face justice for the crimes of his reign from 1973 to 1990.

Cambodia hopes to woo investors

(August 20, 2004) Cambodia has promised reform in an effort to attract foreign investors. Prime Minister Hun Sen said the government will reduce costs for businesses, cut bureaucracy and strengthen the rule of law. Dramatic falls in foreign direct investment, criticisms from the World Bank over corruption and a fall in the forecast growth rate prompted the move.

Shady Acres

(August 16, 2004) Richard Bentley, the 18th-century English scholar, once observed that "no man was ever written out of reputation but by himself." It is so, too, with corporations. A striking demonstration of this is Acres International.