mmmmmmmmm!!! Yummy!!! Slavery!! Profit margins!! This from Bloomie today:
Jan. 7 (Bloomberg) -- Cosan SA Industria & Comercio, the world’s biggest sugarcane processor, fell the most in eight months on concern that its inclusion on a list of companies whose workers operate in slave-like conditions will drive away clients and cut off access to funding.
Barra Bonita, Brazil-based Cosan was added to the list on Dec. 31, according to the Brazilian Labor Ministry’s Web site. Petroleo Brasileiro SA’s fuel distribution unit is considering “restrictions” against Cosan, according to a spokesman at BR Distribuidora who couldn’t be named because of company policy.
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The so-called “black list,” created in 2004, is updated every six months, according to the Labor Ministry. The Ministry found and “liberated” 42 Cosan workers in conditions analogous to slavery, according to the list. CONTINUES HERE
UPDATE: Another topical slavery story from the other side of the planet, kindly sent in by reader BM. Thanks man....LatAm bore that I am wouldn't have seen it otherwise.
"......how does an economically troubled country build the world's tallest building in the middle of a desert? Unfortunately, all signs point to slave labor. Saying Dubai has a problem with slavery and labor exploitation is like saying Tiger Woods has a problem with fidelity (and incidentally, he also has a problem with some labor concerns around his Dubai golf course). Dubai regularly imports poor migrant workers from continues here