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THURSDAY, NOVEMBER 26, 2009
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Buffett Holdings Tie Gates To Darfur Crisis

Berkshire owns $3.3B stake in firm said to fund militia

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(Newser) – A Berkshire Hathaway investment in a Sudanese oil company is posing thorny problems for the Gates Foundation, the Los Angeles Times reports. Warren Buffet's investment outfit is the largest independent shareholder in PetroChina, whose parent company the U.N. and U.S. say funds Sudan's janjaweed militia—a stark contrast to the foundation's mission.

Buffett's $31 billion gift last year has drawn him into the controversy over how the Gates Foundation—which itself has smaller stakes in several Sudan-based oil firms—invests the money it later donates. The situation has increased attention on "St. Warren," long seen as a moral leader in the investment industry; he is also a trustee of the Gates Foundation.

Investor Warren Buffett plays bridge with shareholders May 7, 2006, during the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett usually attracts most of the spotlight when the holding company he built is in the news, leaving many pieces of Berkshire Hathaway Inc. hidden in the shadows. The company's...
Investor Warren Buffett plays bridge with shareholders May 7, 2006, during the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett usually attracts most of the spotlight when the holding...   (Associated Press)
The convoy of United Nations High Commissioner for Refugees Antonio Guterres, unseen, pass by a Sudanese man riding a camel after visiting the Um Shalaya refugee camp south of the Darfur town of Al-Geneina, Sudan, Wednesday, April 25, 2007. The UNHCR chief was welcomed with traditional songs by Chadian refugees...
The convoy of United Nations High Commissioner for Refugees Antonio Guterres, unseen, pass by a Sudanese man riding a camel after visiting the Um Shalaya refugee camp south of the Darfur town of Al-Geneina,...   (Associated Press)
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Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting
Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting   (Getty Images)
Warren Buffett To Give Most Of His Fortune To Gates Charity
Warren Buffett To Give Most Of His Fortune To Gates Charity   (Getty Images)
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ANALYSIS

 Darfur: Mass Bloodshed 
 May Not Be Genocide 


Despite the violence, Sudan crisis may not fit legal definition

May 4, 09 7:38 AM CDT
(Newser) - Hundreds of thousands of people have died or been displaced in the years-long conflict in Darfur, which presidents Bush and Obama have both called a genocide. But while nobody denies the seriousness of the violence, organizations from Doctors Without Borders to the International Criminal Court say that the Sudanese government's... More »

MORE ABOUT:
Darfur • genocide • Sudan • Crisis in Darfur • Doctors Without Borders • Janjaweed

Sudanese Rebels Fight for Control of Capital

Sudan says claims victory in rare Khartoum battle

May 10, 08 2:48 PM CDT
(Newser) - Darfur rebels battled Sudanese soldiers today in a rare bid for control of Sudan's capital, Reuters reports. The military later claimed victory and said just a few militants had reached Khartoum. "Thank God this attempt has been completely defeated," a government spokesman said. More »

MORE ABOUT:
Africa • Darfur • genocide • Sudan • Crisis in Darfur • Sudanese Liberation Army • Janjaweed • Justice and Equality Movement • rebel fighters

Darfur Sees New Cycle of Bloodshed, Refugees

Recent upset in Chad has Sudanese military, janjaweed militias on warpath

Mar 2, 08 2:32 PM CST
(Newser) - Darfur may be on a road back to the pitched fighting between rebels, militias and the Sudanese army that killed hundreds of thousands and displaced millions 5 years ago, prompting the US to call it genocide, the New York Times reports. The Sudanese government recently stepped up operations in... More »

MORE ABOUT:
United Nations • Darfur • Chad • genocide • Sudan • Crisis in Darfur • African Union • peacekeeper • Sudanese Liberation Army • Janjaweed • Justice and Equality Movement

9 Stories


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investing • oil • Darfur • Sudan • Warren Buffett • money • PetroChina • Bill and Melinda Gates Foundation • Janjaweed

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