Global Watchdogs Ignore World's Poorest

Hi Ankhesen, Many of the world's most resource-rich nations also have the most devastatingly poor citizens. Behind closed doors, countries selling oil, gas and minerals are making incredible profits, but the money remains in the hands of the already wealthy. For example, in Peru minerals account for 50 percent of the country's income, but 44.5 percent of its people live in poverty. Governments need to be held accountable for natural resource corruption. » A recent report shows that the World Bank and International Monetary Fund (IMF) have not followed through in their efforts to disclose government earnings. If our global watchdogs will not help the poor, at least the U.S. can do its share. Congress is considering the Extractive Industries Transparency Disclosure (EITD) Act, which would obligate U.S. companies to disclose how much they pay foreign governments for oil, gas and minerals. The EITD Act will expose those governments who exploit their citizens to make themselves wealthy off their natural resources. Tell your congressperson to stop ignoring governmental exploitation of citizens and pass the EITD Act! » Thanks for taking action! Samer ThePetitionSite Natural Resources Should Help Lift People Out of Poverty Forward to a friend >> Read the petition >>

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