Voice of America: Shedding Light on Extraction Industries

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Shedding Light on Extraction Industries Sep 18th 2012, 14:29 Europe is a step closer toward curbing corruption in extraction industries in developing countries. A European Parliamentary committee has approved proposed legislation that would require European companies to publish payments they make to governments. It's similar to a law already in effect in the U.S. The watchdog group – Global Witness – says many developing countries suffer from "the resource curse." Despite being rich in oil, gas, timber or minerals, citizens in those countries often ... Media files: 91856EDA-E5A6-4AC2-BF64-D7788ED10795_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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