(December 31, 1998) There are increasing calls for creditor nations to cancel the foreign debts of Central American nations badly hit by Hurricane Mitch.
Corruption of Foreign Public Officials Act (Canada)
(December 10, 1998) Canada’s legislation on corruption of foreign public officials and the implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
We can’t wipe out debt, says government
(November 4, 1998) The government responds to pressure to wipe out the ‘apartheid debt’ by arguing that it’s not technically feasible. Critics say it is.
Canadian Discussion Paper for Rome Meeting
(October 31, 1998) The Canadian Ecumenical Jubilee Initiative represents approximately 30 churches, inter-church coalitions and church-related organizations who have joined together to sound a strong, new call for justice, peace and the integrity of creation.
Truth and Reconciliation Commission report excerpt
(October 30, 1998) South Africa’s Truth and Reconciliation Commission (TRC) yesterday accused the country’s business sector of helping to sustain apartheid and called for financial contributions from business to make up for past injustices.
Big names join campaign
(October 20, 1998) Prominent South Africans have joined a campaign to scrap the apartheid debt before the millennium, says Jubilee 2000 organiser Neville Gabriel
Debt creating aspects of export credits
(August 1, 1998) Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
Caught up in enthusiasm
(July 14, 1998) Critics say that the World Bank tolerated and in some ways may have inadvertently stoked the corruption and economically corrosive practices of the Suharto regime.
Debt : The people always pay
(May 22, 1998) The current call for international debt cancellation is welcome, but debt does not just go away.
Call for the reform of Export Credit and Investment Insurance Agencies
(April 1, 1998) 160 NGOs from 46 countries demand greater transparency and the adoption of environmental and social standards for publicly supported export credit and investment insurance agencies.
Lesotho water transfers- no cause for celebration
(February 24, 1998) Today marks the inauguration of the first water supply from Lesotho to South Africa. However, it is not a day to celebrate.
Don’t repay unjust debts
(December 12, 1997) If South Africa is serious about reconciliation and justice, we need to look creatively at the burden of debt incurred by the previous government.
Shattered Rwanda vows to repay billion dollar debt
(November 17, 1997) Rwanda’s economy has been shattered by years of ethnic conflict, but it has vowed to repay all foreign debts incurred by previous regimes even if the money was used to repress Rwandans.
Letter to socially responsible financial advisors and mutual funds
(September 24, 1997) The following letter was sent to socially responsible financial advisors and mutual funds managers , after it was announced in September that General Electric Canada, a wholly-owned subsidiary of Connecticut – based General Electric Company, was awarded a contract to supply turbines and generators to the Three Gorges dam project.
Helping countries combat corruption: the role of the World Bank
(September 1, 1997) World Bank report states that “the Bank has a responsibility under its articles to ensure that the funds it lends to borrowers are used for their intended purposes and with due attention to economy and efficiency.”
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