December 19, 2002

How low can a corporation go?

A story to sicken the heart - Nestle demands US$6 million from famine stricken Ethiopia

From the article -

'The multinational coffee corporation, Nestle, is demanding a $6m (£3.7m) payment from the government of the world's poorest state, Ethiopia, as the country struggles to combat its worst famine for nearly 20 years.'

(snip)

'The famine, brought on by the failure of rains for the third year in a row has been intensified by a collapse in the price of coffee which supports a quarter of the country's population. Nestle, the world's largest coffee processor, made $5.5bn in profits last year."

Another reason not to touch a Nestle product with a barge pole!

Comments

Take action now to stop Nestle, the world's largest coffee company, demanding $6 million from a country where 11 million people are facing famine.

http://www.maketradefair.com/go/scrooge

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