Sunday, January 22, 2006

Another world is possible

Bechtel Vs Bolivia: The People Win

The Cochabamba water revolt - which began exactly six years ago this month - will end this morning when Bechtel, one of the world's most powerful corporations, formally abandons its legal effort to take $50 million from the Bolivian people. Bechtel made that demand before a secretive trade court operated by the World Bank, the same institution that coerced Bolivia to privatize the water to begin with. Faced with protests, barrages of e-mails, visits to their homes, and years of damaging press, Bechtel executives finally decided to surrender, walking away with a token payment equal to thirty cents.

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