The Magazine of Corporate Responsibility

Tag Archive for ‘Iran’

The Role of Multinationals in Egypt’s Communication Shutdown

When the Egyptian government created a partial communications blackout on Thursday, shutting Internet and cell-phone service, it asked for the cooperation of foreign mobile phone companies. UK-based Vodafone complied, saying it had no choice but to cut service.

Courts Fault Feds, SEC for Going Easy on Banks

When big banks have announced settlements with the Securities and Exchange Commission, ProPublica put those agreed-upon fines into perspective, and often found that even millions of dollars in fines aren’t too hard for these big financial firms to shell out. Judges, increasingly, seem to agree.

Facing Pressure, Companies Agree to Halt Sales to Iran

In response to the threat of a public campaign by a U.S.-based lobbying group, Ingersoll-Rand joined Caterpillar, General Electric, Huntsman and Siemans in agreeing to halt sales of products to customers in Iran even though the sales are apparently legal and in compliance with U.S. laws that severely restrict exports to Iran.