Mining giant Vale signs US$ 7bn settlement deal over Brumadinho disaster that killed more than 270 people

Friday, February 5th 2021 - 08:57 UTC

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Brazilian mining giant Vale signed a settlement deal on Thursday to pay 37.7 billion reais (US$ 7 billion) to the state of Minas Gerais, following the collapse of a dam two years ago that devastated the city of Brumadinho and killed more than 270 people. Read full article

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Chicureo
Vale has been proven of a criminal disaster and frankly they are getting away with a modest penalty when you consider the deaths and environmental damage.

Those executives of Vale should be locked up in an underground dungeon for life.

Speaking of dreary hideous subterranean dwellers — one criminal has already secluded herself benefitting society as a whole.

It's uplifting that in a difficult and challenging environment we all are having to confront — one marvelous Canadian female has gone into isolated seclusion into her mother's basement which should be applauded as no person has to endure her less-than-charming personality.

In fact Teresa perhaps should be given an award for not intermixing with others and as long as her mother still goes shopping for frozen microwaveable food at the local supermarket and the Canadian government keeps providing financial welfare payments — Teresa will be able to pay her cable television provider continues her access of 300+ channels of marvelous soap-opera drama.

Although some people might be appalled with her advocating of drinking her own urine for supposedly heathy reasons — frankly everything about Teresa is bizarre.

Let's hope she remains in her frigid Canadian basement until she dies from uremic kidney poisoning.

Cheers!
Feb 05th, 2021 - 03:07 pm - Link - Report abuse 0
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FortHay
Chicureo, your initial observation is useful, but why do you have to include the repeated rant ? It undoes your own credibility. I agree, multinational industrial giants such as EXXON (Valdez spill) and BP (Gulf blow-out) get fined and the sums appear, at first glance, to be substantial. Subsequently, however, the stock price quickly recovers and things continue as before. Until and unless corporations face significant and long lasting liability consequences, lax operating practices will continue. Having said that, it must also be mentioned that most corporations are indeed interested to operate withing existing laws and regulations and much prefer to avoid ltitgation and liability obligations.
Feb 11th, 2021 - 12:16 pm - Link - Report abuse 0
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