Fact #1: Ethiopia faces a famine that could be worse than the one that took a million lives in 1984.
Fact #2: Many years ago Ethiopia’s government nationalized a minor company partly owned by Nestle.
Fact #3: Ethiopia is offering $1.5 million to Nestle, which earned $3.9 billion in net profits last year.
Fact #4: Nestle is demanding $6 million.
Read all about it in The Guardian.
UPDATE: Nestle backs down, promising to return to Ethiopia whatever funds it receives in the settlement.
Author: Peter Maass
I was born and raised in Los Angeles. In 1983, after graduating from the University of California at Berkeley, I went to Brussels as a copy editor for The Wall Street Journal/Europe. I left the Journal in 1985 to write for The New York Times and The International Herald Tribune, covering NATO and the European Union. In 1987 I moved to Seoul, South Korea, where I wrote primarily for The Washington Post. After three years in Asia I moved to Budapest to cover Eastern Europe and the Balkans. I spent most of 1992 and 1993 covering the war in Bosnia for the Post.
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