BP aims to raise $9bn from sale of assets to China

1 post / 0 new

Looks like BP are starting to sell off parts of the company. See this I think is a bit of a concern. If BP becomes controlled by the Chinese oil company (which is government owned), I wonder how easy it will be for the US government to enforce payment for cleanup.

Afterall, what if the Chinese turn around and say we will just take it out of the trillions of debt of yours we already own...

meljomur's picture
Jul. 31, 2007 3:01 pm

Latest Headlines

Obama to veto legislation on refugee screening

President Barack Obama would veto a Republican bill introduced in the wake of the Paris attacks to toughen the screening process for Syrian refugees

New York officials: No credible ISIS threat against city

There is no credible threat to New York City at this time, officials said

China denies torturing political prisoners

A Chinese delegation denied mistreatement of prisoners held in police stations and deaths in custody

How Stupid Has the Democratic Party Become?

Republicans haven’t taken over red states; Democrats have lost them by not running as real Democrats.

That’s my big takeaway from Alec MacGillis’ fascinating look into the biggest political mystery of our time: why poor white people in red states are not bothering to turn out to vote, leaving the field to Republicans elected by more affluent whites in those states.

Powered by Drupal, an open source content management system