Potashcorp

Peter Ferry via Getty Images

Corporate Canada and Africa's Last Colony

In violation of international law, two major Canadian companies are buying the non-renewable resources of Africa's last remaining colony. Saskatoon's PotashCorp and Calgary's Agrium have partnered with Morocco's state owned OCP to export phosphate mined in Western Sahara, a sparsely populated territory in northwestern Africa that was ruled by Spain until 1975. When the Spanish departed Moroccan troops moved in and a bloody 15 year war drove tens of thousands of Sahrawi into neighboring Algeria, where they still live in camps.
AP

Asia's Slowing Economy Drags Down Potash

SASKATOON - Potash Corp. of Saskatchewan is cutting its profit outlook for this year because of delays in reaching contracts with fertilizer customers in China and India.Earnings for the full 2012 fin...