(November 22, 2002) Argentina’s decision to default on its debt to the World Bank could hurt the country’s poor but might also prove beneficial in the long run, some analysts here say.
Other News Sources
Ending the environmental threat to northeast Cambodia’s rivers
(November 22, 2002) Rethinking Vietnam’s reliance on large hydro dams: Vietnam’s hydro expansion in the central highlands is not only an environmental menace to downstream Cambodians, it is a costly and inefficient strategy for expanding electricity supply, according to a new report on Vietnam’s power sector.
Africa’s Debt: Who Owes Whom?
(November 22, 2002) An alternative strategy is for African countries to selectively repudiate past loans, invoking the doctrine of “odious debt” in international law as well as historical precedents…
Katse communities forgotten by LHDA
(November 22, 2002) As the LHDA continues to compensate some communities affected by the giant Lesotho Highlands Water Project (LHWP)district, others similarly affected by the Project are forgotten.
Big dam becomes transport bottleneck
(November 21, 2002) Traffic jams on the Yangtze will be inevitable in the months ahead, while construction of the Three Gorges dam renders the river impassable for some passengers and freight, Chinese press reports say.
Ugandan project faces attack over cost of power
(November 21, 2002) Power from a controversial hydro-electric scheme for which Uganda is seeking World Bank backing could cost it far more than necessary, according to development campaigners.
Going gets tough for dam officials
Recent Chinese media reports paint a rosy picture of the Three Gorges project, while also stressing the enormous challenges the dam builders face in the months ahead.
World Bank dam in Uganda overpriced by $280 million
(November 20, 2002) A review of project contract reveals that Ugandans will bear the excessive costs of World Bank-Supported Bujagali dam, reports IRN.
China modernisation march turns Mekong into battleground
(November 20, 2002) Pressure for dams has pitched poor ethnic minorities against industrial centres.
ADB promoting integrated water resource management in Lao PDR’s Nam Ngum River Basin
(November 20, 2002) The Asian Development Bank (ADB) will promote optimal use of water resources in the Lao People’s Democratic Republic (Lao PDR) through a loan approved today for US$15 million equivalent for the management of the Nam Ngum River Basin.
Last supper in Ghost City
(November 15, 2002) ‘The discoveries being made in Fengdu are so significant that they are likely to rewrite the history of Fengdu, the entire Yangtze valley and beyond,’ write reporters for a Guangzhou-based magazine who paid a recent visit to the doomed city.
November 2002 Campaign Letter
Third World corruption must stop! Now that a Canadian multinational had been convicted of bribery, there’s hope it will.
BEL bleats while profits soar!
(November 15, 2002) BEL says it will have to raise electricity prices because of increased
costs, however, Fortis has just announced increased profits and
earnings from BEL and BECOL and revealed that Belize is proportionately
their best profit maker and income earner.
A case study of corruption: Politicians exploited plan ‘at every stage’
(November 15, 2002) ADB-backed billion dollar wastewater treatment plant a "classic case of corruption" reports the Bangkok Post.
Our history of fighting corruption in the Third World
(November 15, 2002) Over the last decade, Probe International, Canada’s only organization dedicated to protecting the Third World’s environment, has made the elimination of corruption a major focus of
its work.


