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TAN LOC ISLAND, Vietnam (AP) -- Nearly 70 young Vietnamese women swept past in groups of five, twirling and posing like fashion models, all competing for the hand of a Taiwanese man who had paid a matchmaking service about $6,000 for the privilege of marrying one of them.
We need to get prepared for four degrees of global warming, Bob Watson told the Guardian last week. At first sight this looks like wise counsel from the climate science adviser to Defra. But the idea that we could adapt to a 4C rise is absurd and dangerous. Global warming on this scale would be a catastrophe that would mean, in the immortal words that Chief Seattle probably never spoke, "the end of living and the beginning of survival" for humankind. Or perhaps the beginning of our extinction.
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Concerns about transfer pricing abuse have led researchers to compare the tax liabilities of foreign- and U.S.-controlled corporations. (Transfer prices are the prices related companies charge on intercompany transactions.) However, such comparisons are complicated because other factors may explain the differences in reported tax liabilities. In three prior reports, GAO found differences in the percentages of foreign-controlled and U.S.-controlled corporations reporting no tax liability. GAO was asked to update the previous reports by comparing: (1) the tax liabilities of foreign-controlled domestic corporations (FCDC) and U.S.-controlled corporations (USCC)-including those reporting zero tax liabilities for 1998 through 2005 (the latest available data) and (2) characteristics of FCDCs and USCCs such as age, size, and industry. GAO analyzed data from the Internal Revenue Service's Statistics of Income samples of corporate tax returns. GAO does not make any recommendations in this report. In commenting on a draft of this report, IRS provided comments on technical issues, which we incorporated into this report where appropriate.
FCDCs reported lower tax liabilities than USCCs by most measures shown in this report. A greater percentage of large FCDCs reported no tax liability in a given year from 1998 through 2005. For all corporations, a higher percentage of FCDCs reported no tax liabilities than USCCs through 2001 but differences after 2001 were not statistically significant. Most large FCDCs and USCCs that reported no tax liability in 2005 also reported that they had no current-year income. A smaller proportion of these corporations had losses from prior years and tax credits that eliminated any tax liability. By another measure, large FCDCs were more likely to report no tax liability over multiple years than large USCCs. In 2005, comparisons of FCDCs and USCCs based on ratios of reported tax liabilities to gross receipts or total assets showed that FCDCs reported less tax than USCCs. FCDCs and USCCs differed in age, size, and industry. FCDCs were younger than USCCs in that a greater percentage had been incorporated for 3 years or less from 1998 through 2005. In 2005, FCDCs were larger on average than USCCs in that they reported higher average gross receipts and assets than USCCs. A comparison by industry in 2005 showed that large FCDCs were relatively more concentrated in manufacturing and wholesale trade, while large USCCs were more evenly distributed across industries. GAO did not attempt to determine the extent to which these factors and others, such as transfer pricing abuse, explain differences in tax liabilities.
With over 35 multinational companies racing to tap into oil and gas reserves situated in peak biodiversity spots, conservationists urge an environmental impact assessment
The world's largest retailer, Wal-Mart, says it will invest some 1.8bn reais ($1.1bn; £588m) to expand in Brazil.
Mukesh Mehta wears a crisp shirt and tie as he picks his way past makeshift shacks and stinking open gutters in Dharavi, Asia's largest slum.
The number of female foetuses being aborted in India is rising, as ultrasound is increasingly used to predict the sex of babies.
As oil prices continue their dramatic rise, public interest in oil-producing countries is growing. Nigeria--the world's sixth largest oil producer--is of particular interest.
STOCKHOLM, Sweden - The world's supplies of clean, fresh water cannot sustain today's "profligate" use and inadequate management, which have brought shrinking food supplies and rising food costs to most countries, WWF Director General James Leape told the opening session of World Water Week in Stockholm [on Monday].
Burning gas is a big greenhouse gas culprit, but manufacturing things to buy is also a large source; Oregon wants to track it
When Majid Ezzati thinks about declining life expectancy, he says, "I think of an epidemic like HIV, or I think of the collapse of a social system, like in the former Soviet Union." But such a decline is happening right now in some parts of the United States. Between 1983 and 1999, men's life expectancy decreased in more than 50 U.S. counties, according to a recent study by Ezzati, associate professor of international health at the Harvard School of Public Health (HSPH), and colleagues. For women, the news was even worse: life expectancy decreased in more than 900 counties--more than a quarter of the total. This means 4 percent of American men and 19 percent of American women can expect their lives to be shorter than or, at best, the same length as those of people in their home counties two decades ago.
The road leading to the informal settlement of Korogocho is narrow and winding. Here, in Nairobi's third largest slum, up to 150,000 people are crammed into an area of just over one square kilometre, their shanties made of cardboard, wood or metal.
Women may not earn as much as men or fly up the corporate ladder as quickly, but they get the last laugh since they live longer. Right?
Someday, the country will recognize the true cost of its war on illegal immigration. We don't mean dollars, though those are being squandered by the billions. The true cost is to the national identity: the sense of who we are and what we value. It will hit us once the enforcement fever breaks, when we look at what has been done and no longer recognize the country that did it.
In just a few months, the United States Africa Command (AFRICOM) -- Washington's latest military oversight structure for the continent -- is expected to be fully operational.
1913: Federal Reserve Act creates national banking system.
1914: Federal Trade Commission Act prohibits unfair or deceptive business practices.
1933: With memories of 1929 stock crash still fresh, Glass-Steagall Act separates "commercial banks" focusing on consumer activities (checking, savings) from "investment banks," which deal with speculative trading and mergers.
1968: Truth in Lending Act requires banks to disclose loan terms & fees.
1970: Bank Holding Company Act Amendments first step toward weakening Glass-Steagall; allow commercial banks, via holding companies, to both accept deposits and make commercial loans.
1978: Supreme Court's Marquette decision gives banks the right to make loans in states other than where they are headquartered; lenders rush to places with the weakest consumer protections, e.g. Delaware and South Dakota.
ATLANTA, Georgia (AP) -- Hispanic high school students use drugs and attempt suicide at higher rates than their black or white classmates, according to a new federal survey that shows a continuation of a disturbing trend.
While the mainstream media doesn't always ignore the pressing issue of hunger in Africa, it rarely explores the root causes of this problem. Behind most news on the issue, there's an assumption that casts hunger as a natural result of unfortunate weather conditions, coupled with bureaucratic inefficiency and bad economic planning.
"Lisa, the whole reason we have elected officials is so we don't have to think all the time. Just like that rainforest scare a few years back. Our officials saw there was a problem and they fixed it, didn't they?"--Homer Simpson
On June 24, 2008, Louie and I curled up on the couch to watch seven of the nation's foremost water resources experts testify before the House Transportation and Infrastructure Committee's Subcommittee on Water Resources and Environment.
Scores of lucrative mining concessions handed out by President Joseph Kabila are in doubt after a report questioned their legality. Will a programme of renegotiation finally allow a beleaguered nation to exploit its huge mineral wealth?
Earlier this week, the nation's leading pediatric group issued guidelines suggesting that some high-risk children be given cholesterol-lowering statin drugs that are typically prescribed for middle-aged men. The news shocked many pediatricians, who predicted a backlash from the public and doctors.
Recent economic woes are raising new doubts about the benefits of globalization.
A top rice importer last year, Indonesia's government is allocating more land to grow it and other food crops.
ROME - The rise of biofuels is not only adding to the global food price crisis but also poses a risk for peasants, pushed off their land to make way for energy crops, a report prepared for this week's food summit said.
WASHINGTON (AP) -- NASA's press office "marginalized or mischaracterized" studies on global warming between 2004 and 2006, the agency's own internal watchdog concluded.
SHASHAMANE, Ethiopia (AP) -- Like so many other victims of Ethiopia's hunger crisis, Usheto Beriso weighs just half what he should. He is always cold and swaddled in a blanket. His limbs are stick-thin.
GRIFFIN, Ind. -- In a year when global harvests need to be excellent to ease the threat of pervasive food shortages, evidence is mounting that they will be average at best. Some farmers are starting to fear disaster.
WASHINGTON, Jun 10 (IPS) - The global credit crunch unleashed in the United States is combining with runaway food and fuel prices to put the squeeze on developing countries, according to the World Bank.
The number of people under supervision in the nation's criminal justice system rose to 7.2 million in 2006, the highest ever, costing states tens of billions of dollars to house and monitor offenders as they go in and out of jails and prisons.
Chart One: Re-creating the Gap that Gave Us the Great Depression
The most precise data on the income of America's most affluent have come, in recent years, from the work of economists Emmanuel Saez and Thomas Piketty. Their most recently updated figures for income inequality in the United States, available online from the Emmanuel Saez home page, cover the years 1913 (the first year of the modern federal income tax) through 2006.
The current presidential campaign has sparked a lot of conversation about race, but it has primarily been at the symbolic and interpersonal level. It has failed to probe the underlying substance of racial economic disparities and the slow rate of progress toward equity in wealth and wages. Too many Americans naïvely see the strong presidential candidacy of Illinois Senator Barack Obama as evidence of the resolution of the racial divide.
Over the past three decades, market-worshiping politicians and their corporate backers have engineered the most colossal redistribution of wealth in modern world history, a redistribution from the bottom up, from working people to a tiny global elite.
WASHINGTON (Reuters) - The United States is boosting food aid and development support to combat the global food crisis, but poor countries must also scrap ill-considered export bans and farm trade barriers, a senior U.S. official said on Friday.
On June 10, one million South Koreans from all walks of life poured onto the streets of Seoul, the nation's capital, to protest the newly elected President Lee Myung Bak's deal with the United States to fully open Korean markets to U.S. beef.
After 15 years of continuous growth, the housebuilding industry is coming apart. With his company's shares down 90 per cent, Mark Clare, boss of Barratt, tells Nick Mathiason he suspects a 'short-selling conspiracy' - but hints he needs to raise cash
The number of homes built in Britain this year will plunge to its lowest level since 1945 and plummeting construction activity is expected to lead to the loss of 100,000 jobs. The country's most senior housebuilders confirm that completions will be around 100,000, some 70,000 less than last year.
Tom Kington in Rome meets families evicted by the city's new right-wing mayor at their isolated camp and hears them demand 'a few rights'
Watchdog proposes a special tax as the foot-dragging by G8 nations undermines a decade of progress
The trial of the rebel leaders behind a devastating civil war is soon to come to a close. The child soldiers who knew them tell their stories
Children from homes where English is not the primary language have far more health problems than other kids in the U.S. and have less access to health insurance.
The impact goes beyond those youngsters and their families, said study author Dr. Glenn Flores, director of general pediatrics at the University of Texas Southwestern Medical Center at Dallas.
For Alex Rodriguez, the rats and stench are the worst things about the rubbish routinely dumped on the street and alley in his South Los Angeles neighborhood.
The country is a key producer of ethanol. Many of those cutting the sugar cane used to make the fuel are said to endure primitive conditions.
WASHINGTON (Reuters) - World crude oil production has topped out at 85 million barrels per day even as demand keeps climbing, helping to drive a stunning surge in prices, billionaire oil investor T. Boone Pickens said on Tuesday.
Biofuel production is certainly one of the culprits in the current global food crisis. But while the diversion of corn from food to biofuel feedstock has been a factor in food prices shooting up, the more primordial problem has been the conversion of economies that are largely food-self-sufficient into chronic food importers. Here the World Bank, International Monetary Fund (IMF), and the World Trade Organization (WTO) figure as much more important villains.
The biofuel debate is electrifying the UN food price crisis summit in Rome, pitting nations against each other and risking transforming bioenergy - once hailed as the ultimate green fuel - into the villain of the piece, the root cause behind global food price spikes.
Financial pressures in Indonesia are driving more families to give up their children, a report says.
PARIS, Jun 4 (IPS) - According to the French constitution, France has no minorities. French law makes it illegal to record citizens' ethnic origin or religion. But in the face of mounting discrimination, France recently introduced corrective institutions. However, the system is still in its infancy.
Monsanto, the leader in agricultural biotechnology, pledged Wednesday to develop seeds that would double the yields of corn, soybeans and cotton by 2030 and would require 30 percent less water, land and energy to grow.
LOS ANGELES - A Denver, Colorado court has fined Dow Chemical Co. and Boeing Co. a combined 926 million dollars for property damages caused by plutonium contamination from a nuclear weapons plant.
WASHINGTON - North Korea has not been linked to a terrorist attack in more than two decades, but it is still on the U.S. list of state sponsors of terrorism. Now, it may be on the verge of its coveted goal of getting removed for reasons having little to do with terrorism.
WASHINGTON -- President Bush, Vice President Dick Cheney and other top officials promoted the invasion of Iraq with public statements that weren't supported by intelligence or that concealed differences among intelligence agencies, the Senate Intelligence Committee said on Thursday in a report that was delayed by bitter partisan infighting.
Politics killed a 1990s plan to recycle, but drought, technology and Orange County's success offer hope.
LA JOYA, Texas (AP) -- Local police are accustomed to dealing with illegal border crossings but were astounded by the video of 15 Chinese immigrants unfolding themselves from the back of a sport-utility vehicle near this small border town.
JOHANNESBURG, Jun 6 (IPS) - There is barely a path leading down the steep incline and through the dense bush to the Mabuyakhulu homestead. It would be easy to pass by without finding 13 year old Zanele* and her eight year old sister Andiswa who stay there on their own.
HAVANA, Jun 6 (IPS) - New horizons opened up for transsexuals in Cuba with the approval of a Public Health Ministry resolution that establishes guidelines for their health care, including free gender reassignment operations.
Run almost entirely by the youths, a bare-bones bank sponsored by a charity offers a place to stash meager earnings and learn about saving and planning.
The global food price crisis has revealed not only the new face of hunger but also its voice.
Linabel Sarlat runs a support center to help bring economic and spiritual renewal to the women of Anapra, Mexico.
Americans' net worth falls for the second straight quarter as home and stock prices decline, but it may not hurt consumer spending, experts say.
ROME, Jun 5 (IPS) - The three-day world summit called by the UN Food and Agricultural Organisation to respond to the food crisis ended with plans and pledges - and a new push to liberalisation.
Solving the food crisis means empowering women.
Ten years after the brutal dragging death of James Byrd Jr., his family is unwilling to let his memory quietly fade away.
Federal agents say they try to act humanely when a parent is arrested, but advocates charge that youngsters are often traumatized and are sometimes left without supervision.
Aid groups are trying to curb child labor and reconnect families - without the help of surnames.
PARIS, Jun 4 (IPS) - According to the French constitution, France has no minorities. French law makes it illegal to record citizens' ethnic origin or religion. But in the face of mounting discrimination, France recently introduced corrective institutions. However, the system is still in its infancy.
Danielle Ross was alone in an empty room at the Obama campaign headquarters in Kokomo, Ind., a cellphone in one hand, a voter call list in the other. She was stretched out on the carpeted floor wearing laceless sky-blue Converses, stories from the trail on her mind. It was the day before Indiana's primary, and she had just been chased by dogs while canvassing in a Kokomo suburb. But that was not the worst thing to occur since she postponed her sophomore year at Middle Tennessee State University, in part to hopscotch America stumping for Barack Obama.
WASHINGTON -- The world's deep hunger crisis could go on for years, and in the long run it'll take a new scientific agricultural revolution to help farmers in the poorest countries produce enough food, experts said Wednesday at congressional hearings.
Dublin, Ireland - Chief negotiators of a landmark treaty banning cluster bombs predicted Friday that the United States will never again use the weapons, a critical component of American air and artillery power.
Sex trade traffickers are preying on child survivors of Burma's devastating Cyclone Nargis, writes Edward Loxton for The First Post. At least two suspected traffickers have been arrested in Rangoon since the cyclone hit, according to UNICEF's child protection officer in Burma, "A broker came to a shelter and tried to recruit children," she told the French news agency AFP. "The police intervened and made arrests."
Many Muslims believe that women should have the right to vote and to hold any job outside the home that they qualify for.
Last winter, old people in Emmonak sometimes brought six-gallon plastic jugs to the tank farm at 20 below. They would pull the jug home on a sled, carrying enough stove oil to heat their house for the rest of the week.
Global warming is disrupting wildlife and the environment on every continent, according to an unprecedented study that reveals the extent to which climate change is already affecting the world's ecosystems.
The world's species are declining at a rate "unprecedented since the extinction of the dinosaurs", a census of the animal kingdom has revealed. The Living Planet Index out today shows the devastating impact of humanity as biodiversity has plummeted by almost a third in the 35 years to 2005.
PORTLAND, Ore. -- Not every neighborhood in this city is one of those Northwest destinations where passion for espresso, the environment and plenty of exercise define the cultural common ground. A few places are still described as frontiers, where pioneers move because prices are relatively reasonable, the location is convenient and, they say, they "want the diversity."
Nigeria will not be able to generate enough electricity for its population until at least 2015, President Umaru Yar'Adua has said.
The boss of one of the world's most important economic organisations has said the lack of regulation in world markets was the root cause of the financial crisis which has hit world economic growth.
Envoys from 26 Latin American and Caribbean countries meet on Friday to discuss the rising cost of food and draw up a united policy for the region.
When Paul Konar left his native India for the United States in 2006, he could never have imagined that less than two years later, he and several of his co-workers would be giving a lesson in Indian-style change making. Yet Konar, joined by his supporters and fellow fasters, has been on a vigil in Washington, DC for 17 days. He hasn't eaten anything since May 14.
ROME, May 30 (IPS) - Biofuels are being criticised for contributing to the rise in commodity prices, but their energy potential can be developed too, on condition "that the poor are part of the production chain."