BUSINESS

France’s Bollore urged to compensate farmers in 5 countries

Jun 4, 2015, 4:42 AM

PARIS (AP) — Activists are calling on French conglomerate Bollore to return land, or compensate farmers, over disputed concessions for plantations in Cambodia and three African countries.

The Peasants’ Confederation and other farmers’ rights groups sent a letter to Bollore Thursday ahead of a shareholders’ meeting. Bollore is the largest shareholder of Socfin, which has been accused by activists of land grabs in Cambodia, Liberia, Cameroon and Ivory Coast.

Talks began last year over farmers’ claims that they weren’t adequately compensated for losing their land.

Bollore had no immediate comment Thursday. Socfin has said it is committed to “responsible consideration of … communities affected by growers and mills.”

Cambodia’s government granted three concessions to Socfin and a Cambodian partner to grow rubber on land where the ethnic minority Bunong people resided, prompting conflict.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business

US employers added 353,000 new jobs in January...

Associated Press

The US didn’t just avoid a recession — it’s adding hundreds of thousands of new jobs

The nation’s employers added 353,000 jobs in January, a sign the economy will shrug off the highest interest rates in two decades.

26 days ago

Cutting interest rates may be in the future, Federal Reserve says...

Associated Press

Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now

The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates.

28 days ago

File - Parts of electric busses are viewed at New Flyer, an electric vehicles manufacturing company...

Associated Press

Wholesale inflation in US declined last month, signaling that price pressures are still easing

Wholesale inflation in the United States fell in December, further evidence that price pressures in the economy are easing.

2 months ago

Front-facing image of main entrance to Desert Diamond Arena in Glendale....

KTAR.com

Desert Diamond Arena in Glendale posts most lucrative year since opening two decades ago

Desert Diamond Arena announced that 2023 was its best year for revenue and attendance on record in the two decades since it opened.

2 months ago

(Lincoln Property Company photo)...

David Veenstra

New phase of Glendale industrial development includes pickleball and basketball courts

The second phase of the Park303 industrial park project in Glendale has been completed. The new development has a range of amenities.

2 months ago

Dutch semiconductor company ASM is investing more than $320 million to expand its U.S. headquarters...

Heidi Hommel

Dutch semiconductor company ASM announces $320 million investment in Scottsdale

Dutch semiconductor equipment company ASM is investing more than $320 million to expand its U.S. headquarters in Scottsdale.

3 months ago

Sponsored Articles

...

Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.

...

Fiesta Bowl Foundation

The 51st annual Vrbo Fiesta Bowl Parade is excitingly upon us

The 51st annual Vrbo Fiesta Bowl Parade presented by Lerner & Rowe is upon us! The attraction honors Arizona and the history of the game.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

France’s Bollore urged to compensate farmers in 5 countries