http://www.iii.co.uk/shares/?type=news&articleid=7281534&action=article
Xtrata considering spending 5 billion in phllipines is nothing short of madness. The philippines whole social and economic culture is based on bribes, unless you bribe you can not even move a tube of toothpaste.
In the Philppines foreighners cant even by land, you actually need a shell company that is 50% owned by a philippino to do business.
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