(September 15, 2005) The debt deal the Paris Club is offering Nigeria is not a relief but an “attempt to relieve us of our resources”.
Detective story that linked £1m Pinochet cash to BAE
(September 15, 2005) US investigators find 100 accounts linked to general; secret payments listed to alleged front companies.
Factors retarding growth of Nigeria’s federal system
(September 14, 2005) “The doctrine of odious debt can help starve autocratic, kleptocratic governments and dismantle out of existence their associated governance structures by reducing the amount of financing available to them.”
The Millennium Development Goals: Meeting Africa’s special needs
(September 12, 2005) In her analysis of the March 2005 UN Millennium Development Goals report, UK and South Africa-based economist and journalist Margaret Legum highlights a report recommendation urging developing countries to “recommit themselves to taking primary responsibility for their own development by strengthening governance, combating corruption and putting in place the policies and investments to drive private-sector-led growth and maximise domestic resources to fund national development strategies.”
Africa: Whatever you thought, think again
(September 8, 2005) Transcript of proceedings, National Geographic / World Bank Special Presentation on Africa, Washington
Report criticizes UN on oil-for-food
(September 7, 2005) A devastating assessment of the UN oil-for-food program in Iraq strongly criticized Secretary-General Kofi Annan, his deputy and the Security Council for allowing Saddam Hussein to bilk billions.
Malabar Cancer Centre: Government ready for talks
(September 6, 2005) The Electricity Minister says the state government is ready to talk to Canada about a promised grant for the Malabar Cancer Centre, part of the controversial SNC-Lavalin deal.
Lifting the Lid on Foreign Investment Contracts
(September 1, 2005) Deals between foreign investors and governments have major implications for whether investment projects bring real benefits for the people and environments of the countries where they take place, or whether instead they undermine sustainable development.
Bank Heist
(September 1, 2005) Corrupt businesses, politicians, and cronies are stealing hundreds of billions of dollars from the globe’ s poorest people but the World Bank and other MDBs routinely ignore this corruption and capital flight, despite numerous reform efforts.
Minister flays Canadian firm
(September 1, 2005) Aryadan Mohammed, the electricity minister for the small southwest Indian state of Kerala, claims Canada-based engineering and construction firm, SNC-Lavalin, has cheated the people of Kerala of Rs98m, which it had offered for setting up a cancer center in Malabar as part of a Rs3.47bn power contract approved by Kerala’s previous government.
Debt relief as tragedy
(August 29, 2005) “What is beguiling about the debt forgiveness binge is that in order to have it, Nigeria’s debt managers had to unnecessarily put the noose of IMF conditionalities as holy writs and albatrosses around their own necks.”
Government paying P931 million a day in interest ‚Villar
(August 29, 2005) Filipino Senate chairman continues to urge government to exhaust all possible means to drastically reduce the country’s massive debts.
Paying debt ‘honorable thing’ to do
(August 26, 2005) Senator Miriam Defensor-Santiago said the Philippine government should try to avoid the terms imposed by the International Monetary Fund and deal directly with its creditors.
Debt, power and Imee Marcos
(August 26, 2005)The Philippines is still paying the costs of Marcos the Elder’s kleptocracy, whether in the form of higher power costs because of an unused power plant or unending debt payments incurred by a thieving regime.
Tax charges dog Pinochet
(August 25, 2005) Money, not human rights, may prove to be ex-dictator’s Achilles heel, analyst says.
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