When it comes to court battles that involve multi-billion dollar settlements, it is always going to get ugly to some extent. The story is the same about the controversial chevron ecuador judgment as well. The Ecuadorian court ordered the behemoth US corporation to pay compensation to the villagers to the tune of $18.3 billion. Whenever there is a threat of losing money, these corporations are likely to wake up and use the entire arsenal that is available in their possession. Now, Chevron is in this position and is using their huge financial resources to prevent any more loss of money as well as reputation.
One of the main strategies used by Chevron is to make the Ecuadorian judgment in to a ‘controversial’ one. Read the rest of this entry »
Posted October 9th, 2012
by admin
Why is it an illegal chevron ecuador judgment? In the current times, we are used to the sight of big corporations getting away with murder without any significant impact on them. At most, they will face a few calls for sanctions from a few politicians and social workers. But, within no time, the politicians and social workers will be bought out by the big corporation and the hue and cry would subdue. The ordinary people, who have a very short term memory, will forget all about the story in hardly any time at all.
In the case of Chevron, many people hoped justice will prevail and the guilty will be punished. Many people supported the judgment of the Ecuadorian court that went against the huge US Corporation making it responsible for paying the huge compensation $18.3 billion. Read the rest of this entry »
Posted October 9th, 2012
by admin
If you’re like a lot of people, you don’t always have time to find out the latest news. If you’re at work all day and come home to rewind, you may not get a lot of current news unless you make a real effort to get it. But how can you be most efficient about finding citizen news? That’s a good question, and that’s exactly what we are going to discuss.
The first thing you want to do is to look at what you have available. Do you have a television or a smartphone? Are you going to look at your laptop or read a paper? It’s important for you to figure out how you’ll get your news or current events. That way, you can then figure out what exactly you’ll be reading.
Posted January 20th, 2013
by admin