(November 2, 1999) Terry O’Leary, Executive Director to the World Bank, responds to Probe International’s October 6th letter to the World Bank regarding the Nam Theun 2 hydroelectric project.
Other News Sources
Laos mess worsens, donors seek action
(November 1, 1999) With the financial sector in a precarious state and half the population living below the poverty line, donors say authorities must quickly launch strong stabilisation measures to curb inflation, stabilise the kip over the long term and restore a growing loss of local and foreign confidence in the economy and currency.
Destruction and violation: Burma’s border development policies
(November 1, 1999) The military dictatorship governing Burma is currently using the discourse of development to legitimise its domination of the border areas.
Controversial dam supported
Minister of the Economy Muller: Federal Government gives export guarantee to Siemens for the Three Gorges dam in China. Protests on account of the resettlement of two million people.
Corrupt governments receive no less foreign aid
(November 1, 1999) “Based on some measures of corruption – the more corrupt the government is, the more aid it actually receives.”
Do corrupt governments receive less foreign aid?
(November 1, 1999) Andrew Mwenda’s criticism that “countries that are deserving don’t get aid,” is supported in part by the findings of a 1999 research project by the US nonprofit organization, the National Bureau of Economic Research (NBER).
City water vulnerable to ‘cancerous’ river
(November 1, 1999) Experts warned yesterday that the Yangtze River has become so "cancerous" with pollution that it is threatening the safety of drinking water in Shanghai and other cities along its banks.
At what price electricity?
(October 30, 1999) The outcome of purchasing electricity that cannot be used is obvious and frightening. What is obvious is that Thai consumers will have to pay for nothing.
China’s largest hydro dam unable to stem losses
China’s largest hydro-electric dam, built with the biggest project loan ever extended by the World Bank, is running at about half capacity and making a hefty loss, executives and bankers said yesterday.
Chongqing municipality refuses to buy power from World Bank-financed Ertan dam
China’s largest hydrodam will lose US$121 million (1 billion yuan) this year, according to its general manager, because it doesn’t have enough customers for its output.
PRESS RELEASE: China’s largest hydrodam can’t sell its power
China’s largest hydrodam will lose US$121 million (1 billion yuan) this year, according to its general manager, because it doesn’t have enough customers for its output.
PRESS RELEASE China’s largest hydrodam can’t sell its power
(October 27, 1999) China’s largest hydrodam will lose US$121 million (1 billion yuan) this year, according to its general manager, because it doesn’t have enough customers for its output.
Fortis owns hotels
Funders ponder response to corruption
(October 21, 1999) The World Bank and other official financiers meet next month to discuss ways out of a corruption scandal reaching from the remote highlands of Lesotho to their own headquarters.
Philippine government to dismantle Marcos’ nuclear plant
(October 19, 1999) The debt-ridden Philippine government has decided to dismantle and sell the assets of the Bataan nuclear plant.