Burma

new york diners and the irrawady delta

antarchi's picture

it seems safe to estimate that the entire disposable wealth of the Irrawaddy Delta before the storm, that of its 3.5 million residents, could have been less than that of one table-full of diners at New York's Four Seasons Grill Room...

Working with figures from Forbes magazine, the IMF, and the UNDP, it's possible to estimate that there are between three hundred and a thousand individuals whose accumulated wealth is so vast that any one of them alone could pay each person in the Irrawaddy Delta for a year, and in the case of the richest, like Warren Buffett, could do it for six decades running and still have billions left.

chevron and the military junta

antarchi's picture

Fueling the military junta that has ruled for decades are Burma’s natural gas reserves, controlled by the Burmese regime in partnership with the U.S. multinational oil giant Chevron, the French oil company Total and a Thai oil firm. Offshore natural gas facilities deliver their extracted gas to Thailand through Burma’s Yadana pipeline. The pipeline was built with slave labor, forced into servitude by the Burmese military...

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