Features

Discreet Subsidy: Exim's Nuclear Lending
- by William Christeson
The U.S. Export-Import Bank doles out large subsidies to Third World countries buying from U.S. nuclear vendors. The policy appears unwise even on Exim's own economic terms.

Westinghouse Backs King Hassan's Desert War
- by Stephen Talbot
Lured by Moroccan and Western Saharan phosphate deposits, Westinghouse hopes to profit from King Hassan's rule.

Caribbean Investment: Following the Flag?
- an interview with Peter Johnson
The executive director of Caribbean/Central American Action offers views on the role of U.S. multinationals in the region.

Direct Investors Go Slow on South Africa - by Patrick Lawrence
U.S. corporations begin to rethink the wisdom of direct investment in South Africa, even while major commercial banks open up to the apartheid government.

Taiwan-Canada Coal Trade
- by James Ridgeway

Global Sightings

South Africa Enlists Corporations

Marcos Losing World Bank Ally

Exxon Scandal in Malaysia

They Said It

Resources

Reviews of books, reports and periodicals; and information on organizations