Privatization

There are 29 posts filed in Privatization (this is page 7 of 8).

Nortel Implicated in Disastrous Liquidation of Colombia’s Telecom

By Asad Ismi Nortel Networks, Canada’s largest high-tech corporation, has helped bring about the liquidation of TELECOM, Colombia’s biggest telecommunications company, and the likely privatization of its successor. Brampton-based Nortel has assets of U.S.$15.8 billion, 37,000 employees and a presence in 150 countries. Plummeting global demand for telecommunications equipment and poor management have devastated Nortel […]

Enbridge Spreads Disaster in Colombia

By Asad Ismi In the December 2000/January 2001 Monitor, I reported that Enbridge Inc., one of Canada’s leading energy corporations, was linked to death squads in Colombia according to information provided by Amnesty International. Below, I examine the impact of this revelation in Canada as well as detail the further damage caused in Colombia by […]

The Ravaging of Africa: Western Neo-colonialism Fuels Wars, Plundering of Resources

By Asad Ismi The G8 Summit held in Kananaskis in June, pledged $6 billion dollars a year in so-called aid to Africa by 2006. The low figure caused Phil Twyford of Oxfam to say “We’re extremely disappointed by this wasted opportunity. They’re offering peanuts to Africa and recycled peanuts at that.” In 1999, debt service […]

Profiting From Repression: Canadian Firms in Colombia Protected by Military Death Squads

By Asad Ismi Since 1990, 35,000 Colombians have been killed in a horrific escalation of political violence. An average of ten political assassinations are reported every day. Colombia’s state security forces and their paramilitary allies have been responsible for the vast majority of these killings. Many paramilitary death squads have been created by the Colombian […]