The Multinationals

Ignatius, David
September 1974
New Republic;9/14/74, Vol. 171 Issue 11, p15
Focuses on governmental investigations of the activities of multinational investments of the U.S. Examination of government insurance of foreign investment through the Overseas Private Investment Corp. (OPIC); Multinational investments of major oil companies of the U.S.; Features of American foreign policy after the World War II; Promise of OPIC that American investment abroad is good for the United States and good for the foreign countries; Concerns of Senators for OPIC-insured investments; Statement that multinational investments do not invariably contribute to real economic development; Collusion of the U.S. government in policies of the oil companies that were moving the world inexorably toward the present energy crisis; Efforts of Senator Frank Church to prevent the amount of foreign investments of the U.S.


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