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    News and Articles on Privatization

    Archives: Privatization

    Press Release: Statement by an IMF Mission to Mali  Nov 20, 2009
    5 percent of GDP in capital spending financed by the privatization receipts of the telecommunications parastatal SOTELMA. The mission welcomes the government s transparency and vision in announcing the spending plan for the SOTELMA resources. It will be important that these funds be used on non-recurrent expenditure items, with special attention paid to the quality of spending, and that the underlying fiscal consolidation be preserved. (IMF News)

    Prison points of view  Nov 19, 2009
    I also did not favor a private company or privatization of prisons. I had my doubts about the labor market being an asset, but I have had a complete turn around on all the issues. (Wickenburg Sun, AZ)

    Ills of Indian Energy Sector and Strategies to Overcome  Nov 19, 2009
    More privatization and private-public partnership should be encouraged at all levels. Joint ventures like Singareni Collieries Companies Limited (Andhra Pradesh government having a stake of 51% and rest to the Central), Northern Delhi Power Limited (Tata power having 51%, rest to state government) should come out. (Energy Pulse, CO)

    Mayor's tuition tax in trouble  Nov 17, 2009
    Cancellation of a private payroll service contract, and ongoing privatization of delinquent tax collection, could also improve the bottom line. All of that, and more, could raise enough money to boost contributions to the ailing pension fund by $10 million a year, he said. (Pittsburgh Post-Gazette, PA)

    Roach Ponds purchase links Maine wilderness areas  Nov 16, 2009
    Secretary Ian Bowles is focusing on three areas: public-private partnerships to help manage state parks and other Department of Conservation and Recreation properties; regulatory models that protect the environment through innovative means, such as privatization of the cleanup of hazardous waste sites; and reorganizing agencies to help clarify missions and reduce duplication. Here is the schedule. (Boston Globe)

    State Mental Hospitals: Move faster to fix mental health care  Nov 14, 2009
    After mulling privatization of mental health services, the state chose another option. Effective last July, the new department of behavioral disabilities was created as part of a reorganization of the former Department of Human Resources. (Atlanta Journal-Constitution -- Opinion)

    Letter from IMF Managing Director to Open Civil Meetings, Iceland  Nov 14, 2009
    Privatization did set the stage for this, but this was not a matter of following IMF policy: we did not then and do not now have any policy which requires countries to privatize banks. I want to assure you that the IMF-supported program recognizes that this tragedy cannot be allowed to repeat itself. (IMF News)

    The Fall of the Berlin Wall: A 20-Year Adventure  Nov 12, 2009
    I ended up writing my thesis at Harvard about privatization of state-owned enterprises in socialist economies. That allowed me to escape my fate as an overpaid slave at a New York law firm and I happily went off to Eastern Europe to pursue my idealistic mission of "dismantling centrally planned economies.". (Human Events Online)

    Geithner Affirms Support for a Strong Dollar  Nov 12, 2009
    His remarks come after Hatoyama's Cabinet decided last month it will review the previous government's planned privatization of the company, raising uncertainty over the firm's future operations. -By Takashi Nakamichi, Dow Jones Newswires; 813-6895-7558; takashi. (SmartMoney)

    Japan Tobacco Says State to Sell Stake `Eventually' as Public Debt Mounts  Nov 12, 2009
    What we hear is that they think about privatization, which includes us, , executive deputy president, told a briefing in London yesterday ... In the future, privatization has to be done, said , a senior analyst at Shinsei Securities Co. in Tokyo. (Bloomberg -- Japan)

    Barclays, Bank of America, JPMorgan Vie to Manage Indian Share Offerings  Nov 11, 2009
    India netted $11 billion between 1991 and 2008 from asset sales, with the privatization wave slumping during Singhs first term as communist allies thwarted plans. Indias benchmark , which had risen every day since the government unveiled the stake-sale plan on Nov. 5, fell 0. (Bloomberg)

    Which big countrywill default first?  Nov 11, 2009
    It is also committed to economically dozy policies such as reversing postal privatization, organized with such great political effort by prime minister Junichiro Koizumi in 2005. Japan does however have a couple of advantages that may enable it to avoid default. (Asia Times Online)

    The Czar Pattern Didn't Work in Britain, Either  Nov 11, 2009
    Privatization had to be home grown, but nobody knew how to do it. Mere de-nationalization would not have worked. (Human Events Online)

    Three anniversaries  Nov 10, 2009
    A prime example of the Russian clan at work would be the "Chubais Clan," named after the young reformer Anatoly Chubais, which had earlier coalesced through a club of young intellectuals, then teamed up with advisors from Harvard University to carry out economic reform and privatization of state assets and became one of the most powerful clans of the era. Its comparative advantage in the Russian context was its access to hundreds of millions of Western aid dollars. (Salon)

    Democrats fire up for 2010 elections  Nov 8, 2009
    The privatization of the state welfare system has created hardships for local residents, he said, relating the story of a local woman who had to wait 13 months before getting the services she deserved. See the rest of the story in the Saturday, Nov. 7 print edition of the News Times. (Hartford City News-Times, IN)

    US slaps sanctions on Malaysian branch of Iran's Bank Mellat  Nov 6, 2009
    The once wholly state-owned Bank Mellat began a process of privatization earlier this year with the aim of selling 80-percent ownership over two years. burs-ch/sg. (Yahoo! Asia News)

    Residents reject Kokee entrance fees (1211)  Nov 6, 2009
    If the state can t afford world-class harbor facilities, they should seriously consider privatization of state harbors, he said. Koke e is not bad, and you guys (state DLNR officials from O ahu) just don t get it, said Ned Dana. (Lihue Garden Island, HA)

    ResCare Reports Third Quarter 2009 Results  Nov 6, 2009
    From time to time, ResCare makes forward-looking statements in its public disclosures, including statements relating to expected financial results, revenues that might be expected from new or acquired programs and facilities, its development and acquisition activities, reimbursement under federal and state programs, financing plans, compliance with debt covenants and other risk factors, and various trends favoring privatization of government programs. In ResCare's filings under the federal... (Primezone Releases)

    Telefonica Boosts Its Offer for GVT to $3.99 Billion to Fend Off Vivendi  Nov 5, 2009
    The company, controlled by Global Village Telecom (Holland) BV and Swarth Group, emerged during Brazils privatization of its telephone services at end of the 1990s. To contact the reporters on this story: at ; in Sao Paulo at. (Bloomberg -- Latin America)

    Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with the Solomon Islands  Nov 5, 2009
    1/ Includes privatization receipts, changes in arrears, and unidentified financing. 2/ Includes arrears. (IMF News)

    Republican Purists Scare Democrats, GOP Too  Nov 5, 2009
    They believe scant spending, low taxes, massive deregulation and widespread privatization would be nirvana, not government by the. Club Wins. (Bloomberg -- Columnists)

    Plan to lease parking revs up for city  Nov 5, 2009
    That firm would then have until the end of March to set the rules for privatization -- key among them, how much parking rates can increase. "The mayor does not want to see a situation where residents wake up in the morning and there's a spike in parking meter costs," said administration spokeswoman Joanna Doven. (Pittsburgh Post-Gazette, PA)

    Performa 09: Architecture and the City  Nov 5, 2009
    For this reason, not only do the dominance and promises of the privatization model, the free market and private property have to be questioned, but also the conventions of the space-producing professions that follow and materialize these policies. In this context the event Ten Days for Oppositional Architecture takes up the task of exploring possibilities and conditions of a socially committed architectural practice. (AbsoluteArts.com)

    New heights for Singapore property  Nov 4, 2009
    HDB does not intervene directly by fixing prices of its resale flats, but it does influence market conditions through its control over new supply, said Wong Tai Chee, associate professor in urban studies at the Nanyang Technological University and co-author of the paper "A Roof Over Every Head, Singapore's Housing Policy between State Monopoly and Privatization". He cited an example of when the government cut prices by as much as S$40,000 per unit over eight years ago in newly opened remote... (Asia Times Online)

    Profit `Not Satanic' Barclays Chief Says After Goldman Sachs Invokes Jesus  Nov 4, 2009
    One of the great problems about our civilization is the divorce between public and private life, between fact and value, between the privatization of faith and a public life which sometimes seems can only be organized on the basis of number- based observations, Chartres said in an interview. The three bankers are reflecting on the fact that there has been this divorce. (Bloomberg)

    Banks Should Be Handed Over to People's Ownership  Nov 3, 2009
    Privatization was such a huge success that much of the world copied the policy over the next decade ... And if it worked, it might provide a template for the rest of the world -- just as privatization did in the 1980s. (Bloomberg -- Columnists)

    Our View: OUR VIEW: 2009 ELECTION ENDORSEMENTS  Nov 1, 2009
    He's a staunch opponent of any privatization of the county home health agency, and advocates getting more help for private businesses that are struggling ... Like Dello Stritto, he opposes any privatization efforts of the county home health agency, and he's pushing for a settlement with the Cayuga Indian Nation regarding the land-into-trust issue. (Auburn Citizen, NY)

    Pakistan safe for foreign investment: FM  Nov 1, 2009
    5 and 4 percent this year despite global downturn while consistent liberalization, deregulation, privatization, and facilitation were carried out to boost foreign investment. The D8 meeting is scheduled to be held on Nov. 2 to discuss the action plan of the Ten-Year Roadmap aimed at encouraging greater economic cooperation and resources mobilization between member states. (Xinhuanet, China)

    Hospital bids construction management  Nov 1, 2009
    The trustees and others have flatly rejected options such as privatization that could bring a larger hospital with more services. "I'm gonna go in favor of us keeping the hospital and never go outside for help," Realtor Mike Tinsley told the Board of Supervisors in August. (Philadelphia Neshoba Democrat, MS)

    Hospital bids construction management  Nov 1, 2009
    The trustees and others have flatly rejected options such as privatization that could bring a larger hospital with more services. "I'm gonna go in favor of us keeping the hospital and never go outside for help," Realtor Mike Tinsley told the Board of Supervisors in August. (Philadelphia Neshoba Democrat, MS)

    Column: Will you need me when Im 65?  Oct 31, 2009
    The Democrats now want to eliminate that 14% overpayment, both because they need the money to pay for reform, and because they oppose privatization of Medicare. It is a war of dogma more than anything. (Arlington Advocate, MA)

    Self-governance works  Oct 30, 2009
    While most politicians conclude that, depending on the resource, efficient management requires either privatization or government ownership, Ostrom finds examples of a third way: self-organizing forms of collective action, as she put it in an interview a few years ago. Her message is to be wary of government promises. (Paragould Daily Press, AR)

    Petroleum Products Pricing In Ghana Economics Or Politics?  Oct 30, 2009
    The reality is that TOR requires recapitalization through privatization. The company needs to operate at full-cost recovery and stop further accumulation of politically motivated debts. (Ghana Web, Ghana)

    EDITORIAL/Measure hospital by need  Oct 29, 2009
    The trustees and the supervisors have flatly rejected even considering options such as privatization that could bring a larger hospital and more services. Under a lease arrangement, for example, a health care provider would build a hospital at no cost to taxpayers and probably pay the county at least $200,000 annually. (Philadelphia Neshoba Democrat, MS)

    Russia blackout as fraud trial bill mounts  Oct 28, 2009
    If there is a scheme to sell a 20% stake of the company to a single Russian businessman - as the Russian minister in charge of privatization recently suggested - then he would be getting the asset on the cheap. Lucky him. (Asia Times Online)

    Japanese PM opens Diet  Oct 27, 2009
    The Diet was opened on Monday for a 36-day extraordinary session, during which the DPJ will attempt to pass 17 bills, including one that will freeze the privatization of Japan Post. On Monday, however, Hatoyama's speech spelled out the long-term intentions of the government. (Xinhuanet, China)

    After Marxism's fall, curbs on news stay  Oct 26, 2009
    He is tolerating the privatization of some business, though the bureaucratic obstacles to an entrepreneur are formidable. At the first newspaper office where we crowded around desks and a small samovar, the editor wanted to know how his counterparts in the United States handled pressure from the government to avoid criticizing important businesses. (Boston Globe)

    Arizona to put prisons in private hands  Oct 25, 2009
    The privatization effort, both in its breadth and its financial goals, demonstrates what states around the country broke, desperate and often overburdened with prisoners and their associated costs are willing to do to balance the books ... The privatization move has raised questions including among some people who work for private prison companies about the private sectors ability to handle the states most hardened criminals. (India Times, India)

    Jekyll giveaway robs our state jewel  Oct 23, 2009
    The privatization of public land is, in our case, being facilitated by the government entity charged with protecting the park. Jekyll Island State Park was created in 1948 as a great public beach park. (Atlanta Journal-Constitution -- Opinion)

    Poland Banks on Privatizations to Plug Budget  Oct 23, 2009
    Europe's best performing economy is counting on a wave of privatizations to counter a growing budget deficit ... Still, the Polish government will be walking a tightrope next year when it comes to its state budget and is counting on revenue from an ambitious privatization plan to plug a ballooning budget deficit ... Privatization, which is not subject to presidential approval, is an elegant way for Poland's ruling Civic Platform party to circumvent the president in addressing the budget deficit... (BusinessWeek)

    Rio Grande Electric Co-op receives second military contract  Oct 23, 2009
    Now, the Co-op has been awarded an unprecedented second contract in the military's base privatization process, the award for Laughlin Air Force Base, Del Rio, Texas. Contract value is estimated to be slightly over 72. (Fort Stockton Pioneer, TX)

    Transcript of a Press Briefing by Caroline Atkinson, Director, External Relations, IMF  Oct 23, 2009
    We generally don t take a position in favor or against a particular privatization. What, I m sure we re very strongly in favor of in Zimbabwe is the building up of a strong social services network which is important for the poor and vulnerable in that country. (IMF News)

    Malaysia to Trim Public Spending Next Year on Recovery in Global Economy  Oct 23, 2009
    Under the second wave of privatization, selected government agencies will be privatized, it said. The government will also provide incentives for investors in five growth corridors and promote the Islamic finance, tourism and information and communications technology industries, it said. (Bloomberg -- Asia)

    Press Release: IMF Executive Board Completes Second Review Under Stand-By Arrangement, Concludes 2009 Article IV Consultation with Belarus  Oct 22, 2009
    Privatization will play an important part in easing external financing constraints and promoting technological development. The planned setting-up of a Privatization Agency is on track. (IMF News)

    Ex-finance minister to be named as Japan Post chief  Oct 21, 2009
    At a press conference Tuesday, Nishikawa said that he felt "a wide gap" between the government's postal reform policy and what he has done and what he intended to do for postal privatization ... Under the new basic policies adopted at Tuesday's cabinet meeting to review postal privatization, the government will consider legally obliging Japan Post Bank and Japan Post Insuranceto offer "universal services" throughout the nation. (Xinhuanet, China)

    Lost Decade Is Heading Toward Two-Decade Mark  Oct 21, 2009
    He is set on halting the privatization of Japans sprawling to the dismay of investors awaiting its initial public offering. Japans new government deserves more time to fix an economy suffering from decades of neglect. (Bloomberg -- Columnists)

    MOFEP budget director siphons 7 billion from GT  Oct 20, 2009
    5% coupon, without informing the GoG in 2007 at the time the privatization was on-going. This became part of the debt that the GoG had to pick up as part of implementing the debt-free, cash-free transaction sale terms of GT.. (Ghana Web, Ghana)

    Countryside sale planning begins  Oct 20, 2009
    As any transition to privatization occurs, county leaders are making sure residents barely notice changes are taking place. ADVERTISEMENT. (Watertown Daily Times, WI)

    The Investment Opportunity of a Lifetime  Oct 19, 2009
    The short answer: ChinaIn his book The New Paradigm for Financial Markets, Soros reveals that during his visit to China in late 2005, he "saw greater opportunity than at any other time in my career." He called China -- with its rapid GDP growth and the potentially lucrative privatization of state-owned-enterprises (SOEs) -- "the opportunity of a lifetime.". Last year's sell-off in emerging market stocks hasn't changed his mind. (MSNBC -- Business)

    Did "Smart Guys" Destroy Wall Street?  Oct 17, 2009
    You can't be smart if you buy into privatization, "free" market and deregulation. Big corporations own EVERTHING, they run the propaganda in the media, the military and the Congress. (CBS News)

    Digital Lightwave merges to go private  Oct 17, 2009
    We view the merger and privatization as a very positive development, said Ted Myers, Digital Lightwave s chief executive officer, in a filing with the Securities and Exchange Commission. Becoming a private company will alleviate the significant financial and administrative burdens of a public company and allow us to focus more resources on new products and more effective serving our customers. (Tampa Bay Business Journal, FL)

    •Merger vote will be all or nothing  Oct 16, 2009
    Some items in the plan will be rules, while others will be recommendations that could be approved later, such as that the city should explore privatization of some services. Subscribers, to read full story. (The Daily Journal)

    Residents fight to save sycamores at Paly  Oct 15, 2009
    Palo Alto Online News. Uploaded: Wednesday, October 14, 2009, 9:35 AM. (Palo Alto Online, CA)

    Is Calderón Busting Unions or Bringing Change?  Oct 15, 2009
    Calder;n says that a new state company may be formed but that privatization is not an option at this moment. The political consequences of Calder;n's boldest economic-reform move are yet to be revealed. (Time.com)

    A Rebound for China and India's Millionaires  Oct 14, 2009
    The wholesale privatization of former national industries, such as electricity generation and manufacturing, has created a small cohort of wealthy businessmen, while many workers still earn less than their Western counterparts. With Ian Rowley in Tokyo and Mark Scott in London. (BusinessWeek)

    The Failing U.S. Government--The Crisis of Public Management [Extended version]  Oct 14, 2009
    A key one has been the flawed privatization of public-sector regulatory functions. Wall Street firms hold excessive sway over government regulators, so that dangerous behavior has been unconstrained. (Scientific American)

    GT sold for only $267M ...Official report reveals  Oct 14, 2009
    The inter-Ministerial review committee, chaired by retired Appeal Court Judge, Justice Emmanuel Akwei Addo, was established on May 18th 2009, to provide government with investigative analysis, as well as findings, conclusions and recommendations on numerous controversial issues surrounding the privatization of Ghana Telecom. Source:The Chronicle. (Ghana Web, Ghana)

    Let's privatize our schools  Oct 14, 2009
    Privatization of education would do away with all the astronomical costs of administration because these schools would have to be run as businesses in order to succeed. There would be competition in the field of education for those tax vouchers. (Lodi News Sentinel, CA)

    American is first woman to win economics Nobel  Oct 13, 2009
    Ostrom's work challenged conventional wisdom, showing that common resources can be successfully managed without privatization or government regulation. To explain her ideas, the academy cited an example about dams in Nepal that Ostrom used in her 1990 book Governing the Commons: The Evolution of Institutions for Collective Action. (USA Today -- Money)

    Urban Sprawl: A New Epidemic In Accra.  Oct 13, 2009
    The Era of Privatization. The 1980s witnessed structural adjustment programmes and a new right wing ideology about competition and choice in Ghana. (Ghana Web, Ghana)

    With Elinor Ostrom, Oliver Williamson, US nearly sweeps Nobels  Oct 13, 2009
    Williamson looks into why corporations exist (to mitigate conflicts, he posits), while Ostrom questions whether privatization is really as necessary as some economists say it is. She says communal societies manage their resources just fine, thank you. (Christian Science Monitor -- USA)

    Government slept as rich gutted nation  Oct 13, 2009
    Sunday, October 11, 2009. How is it we continue to allow a wealthy 3 percent minority of corporate profiteers and investors to manipulate the system for their own selfish interests. (Coos Bay-North Bend The World, OR)

    Two Americans win Nobel economics prize  Oct 13, 2009
    Ostrom's work challenged conventional wisdom, showing that common resources can be successfully managed without privatization or government regulation. 1. (MSNBC -- Business)

    Economics Nobel Highlights How Social Relationships Explain Certain Economic Activities  Oct 13, 2009
    SHARED RESOURCE such as water for irrigation can be managed by users without a central authority or privatization ... Conventional economics suggests that, to prevent overuse and degradation of these common resources, central government control or privatization is necessary. (Scientific American)

    Iceland Shrinks 8% as Prices Rise 11% in Deepest Recession of 33 Countries  Oct 12, 2009
    The government of former Prime Minister , whose Independence Party oversaw the privatization of the banks, crumbled in January. Voters in April elected a coalition of Social Democrats and Left Greens, who have promised more welfare and bigger government. (Bloomberg)

    New Iran sanctions could strengthen Guard  Oct 11, 2009
    Amid a privatization campaign in Iran in past years, Guard-linked companies have won tens of billions in no-bid government contracts under President Mahmoud Ahmadinejad, himself an alumnus. Most recently, a consortium linked to the Revolutionary Guard, Etemad-e-Mobin, bought a 50 percent stake in the country's newly privatized telecommunications company. (MSNBC -- International)

    Indian government retains Deloitte Touche Tohmatsu to assist in global auction for fertilizer assets  Oct 10, 2009
    Meanwhile, there has been no update regarding the privatization of Rashtriya Chemical Fertilizers and Natural Fertilizers, said the source. Both companies had been touted by the press as logical government divestiture candidates. (FT.com -- Markets)

    Rural India set to ring in 3G  Oct 9, 2009
    Privatization of telecom and mobile technology changed all that. Second-generation or 2G mobile services rapidly seeped down to the grassroots level. (Asia Times Online)

    McDonnell Running Strong  Oct 9, 2009
    Those have been the mainstays of Virginia s economy for quite some time, so I ve been very clear about the fact that I am not raising taxes, that I m going to find ways to cut spending and regulation, that we ll improve transportation and education funding by re-prioritizing and using innovation and privatization and consolidation, not by tax increases. On the social issues, I have been very clear: I m pro-life, I m pro-family, I m pro-2nd Amendment. (Human Events Online)

    Why Air Travel is About to Get Worse  Oct 9, 2009
    Among the ideas are congestion pricing, airport privatization, and high-speed rail systems as an alternative to flights shorter than 500 miles (routes which carry 31% of all passengers). Let's hope someone's listening. (Time.com)

    GVT's Fast Internet Growth Could Give Spain's Telefonica a Brazilian Boost  Oct 8, 2009
    GVT, controlled by Global Village Telecom (Holland) BV and Swarth Group, emerged during Brazils privatization of the industry. Shani and Genish have helped the carrier its older rivals by focusing on customers and businesses willing to pay for faster Internet speeds. (Bloomberg -- Latin America)

    Press Release: Communiqué of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund  Oct 7, 2009
    Blaise Louembe, Minister of Economy, Finance, Budget, Investment Programming and Privatization, Gabon. Guido Mantega, Minister of Finance, Brazil. (IMF News)

    Guest opinion: Local senator salutes the badge  Oct 7, 2009
    I also believe the privatization of police responsibilities is a threat to the badge and what the badge stands for. Montana Sen. (Montana Standard, MT)

    Paul Krugman: Bad for America? If it hurts Obama, GOP doesn't care  Oct 6, 2009
    In 2005, when Democrats campaigned against Social Security privatization, their arguments were consistent with their underlying ideology: They argued that replacing guaranteed benefits with private accounts would expose retirees to too much risk. The Republican campaign against health care reform, by contrast, has shown no such consistency. (Sacramento Bee -- Opinion)

    Wyo co. recycles vintage phones, seltzer bottles  Oct 6, 2009
    Prior to this privatization, people in Argentina didnt own their own phones. Instead, a Swedish company partnered with the government, providing phones to households and switching them out when necessary. (Gillette News-Record, WY)

    Council Pres  Oct 5, 2009
    The League of Women Voters of Georgia and The Atlanta Journal-Constitution are partnering in producing the 2009 Voter Guide. The League has collected, compiled and coordinated all candidate information for this Guide. (Atlanta Journal-Constitution -- Metro)

    GOPs ex-Senate leader Bill Frist says he backs health reform  Oct 5, 2009
    Speaking of the law and order days of the Reagan era, don t forget that was also the beginning of the privatization of the prison system. It is interesting that Wackenhut was one of the first to jump on that. (Atlanta Journal-Constitution -- Opinion)

    Ecuador indigenous groups, president spar  Oct 5, 2009
    The key complaints were the privatization of water sources, priority of water access for industry, and lax pollution regulations, according to Amazon Watch, an indigenous rights advocacy group. Protest organizers called the clash a sign of "civil war" that violated international human rights law. (CNN -- World)

    Negligence factor in Russian power plant accident  Oct 4, 2009
    They include former state-controlled utility chief Anatoly Chubais, an influential figure the Kremlin has used as a lighting rod for public anger since he led a post-Soviet privatization campaign many Russians saw as criminally unfair. "Ours is a democratic state, so the courts determine who is to blame," Kutin told a news conference. (Muscatine Journal, IO)

    Kamei Seeks Change in Japan Post Management, Freeze on Units' Share Sales  Oct 4, 2009
    Kamei, who quit the then-ruling LDP in 2005 after opposing postal privatization, reiterated a plan to submit to parliament legislation that will freeze plans for selling shares in units of the postal group. Prime Minister Yukio Hatoyama said before taking office he wanted Japan Post President , who helped craft privatization plans for the group, to resign. (Bloomberg -- Japan)

    Confusion is currency of the day  Oct 3, 2009
    Unions are the main backers of the DPJ; not surprisingly, the DPJ wants to halt the privatization of the Japanese Post Bank ... The Post Bank has been instrumental in financing government deficits; we argued a couple of years ago that a privatization may be inflationary, as a privatized institution might be more risk friendly and deploy its asset base more aggressively. (Asia Times Online)

    Review: 'Capitalism: A Love Story'  Oct 3, 2009
    Moore cherry-picks from an assortment of topics: the low pay of airline pilots; the devastation of unions under the Reagan era; the privatization of public functions; the widening gap between the richest and the rest; the financial collapse of late 2008; the foreclosure epidemic and the families who suffered; the Treasury Department, which was seemingly joined at the hip with Goldman Sachs; and that $700 billion government bailout. Moore illustrates the last point by backing an armored truck up... (San Francisco Chronicle)

    City near deal for recycling company  Oct 2, 2009
    But Joel Ford, chairman of the city s privatization and competition advisory committee, said the request for more services allowed Republic another chance to bid on the contract. Typically, you get one shot and one shot only, Ford said. (Charlotte Business Journal, NC)

    Indian Government to Unveil Privatization Plan  Oct 1, 2009
    Economic Times of India September 30, 2009, 9:24AM EST. The blueprint for the sale of government stakes in several large companies should be ready by early next week. (BusinessWeek)

    A new cold war in Kashmir  Sep 30, 2009
    Today, words like "progress" and "development" have become interchangeable with economic "reforms," "deregulation," and "privatization". Freedom has come to mean choice. (Asia Times Online)

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