(April 17, 2009) The rise and fall of the water level in the Three Gorges reservoir has triggered 166 geological hazards and forced 28,600 people to relocate in Chongqing Municipality since last September, local officials said.
28,000 more moved from China Three Gorges area
(April 17, 2009) Landslides and mudflows caused by rising and falling waters behind China’s gigantic Three Gorges Dam has forced the relocation of over 28,000 people since September, state press said Friday.
Thai villagers win case against national power utility
(April 17, 2009) In a rare legal victory for Thai villagers, a provincial court has ordered Thailand’s national power utility to compensate hundreds of villagers for health problems caused by years of pollution from its Mae Moh power plant in northern Thailand.
Three Gorges dam faces 14.5-billion-dollar cost overrun
(April 16, 2009) China’s Three Gorges Dam, due to be completed in November, is getting bigger every day on all fronts. While officially the government said it has spent 180 billion yuan (26.35 billion dollars) on building the 185-metre dam and a reservoir stretching more than 600 kilometres, local critics and foreign observers said the real figure could be more than twice that amount, and that’s just in the construction phase.
JAKARTA: Government told to renegotiate German loans for warships
(April 16, 2009) The government should declare void a German government loan to procure 39 used warships, as it constitutes an odious debt, a workshop held at the International NGO Forum on Indonesian Development (Infid) concluded Wednesday.
Three Gorges landslide threat worsens
(April 14, 2009) The threat of a massive landslide has prompted government authorities to issue an emergency warning to boat operators plying the Three Gorges reservoir, according to Chinese news sources.
Foreign aid for the unrepaid is mostly a masquerade
(April 14, 2009) The Hudson’s Institute, Jeremiah Norris,
Trillion-Dollar-Plus Foreign Aid To Help Global Economy: Is It in Vain?
(April 13, 2009) Rauf Naqishbendi, a contributing writer at the American Chronicle, looks at some of the negative consequences of US foreign aid.
CPPIB venturing into bond market
(April 8, 2009) The Globe and Mail reported on March 26 that Canada’s Pension Plan Investment Board plans to venture into debt markets by selling up to $5-billion in bonds to cut borrowing costs and increase its flexibility to make new investments.
FACTBOX: Hydro development along the upper Yangtze and tributaries
(April 6, 2009) A table showing dams with generating capacities along the upper Yangtze and tributaries
Geological risks and sediment problems with dam building in southwest China
(April 7, 2009) Scores of high dams and deep reservoirs newly-built or under construction in seismically-active southwestern China are “truly dangerous,” a leading geologist warns in this Science Times (Kexue shibao) article.
Thailand’s electric utility set to build war-zone dam in Burma
(April 7, 2009) In the name of cheap power, Thailand’s electric utility has joined forces with its Burmese counterpart to build a large hydroelectric dam near the Thai border, where the Burmese army has waged war against ethnic minorities for decades.
Demands for arbitration mechanism to end odious debts as IMF receives funding boost
(April 7, 2009) Apparently while the G-20 leaders were agreeing in London last week to quadruple the IMF’s financial capacity to $1 trillion, they had no idea that parliamentarians, intergovernmental representatives and civil society campaigners in Johannesburg were hatching a plan to challenge the massive debts created by IMF lending policies.
Aid Keeps Latin America Poor
(April 6, 2009) The Wall Street Journal‘s Mary Anastasia O’Grady pokes at Treasury Secretary Timothy Geithner for jetting to last week’s Inter-American Development Bank annual meeting in order to propose a near tripling of the development bank’s capital.<.
Montreal play gives light-hearted look at world debt crisis
(April 7, 2009) Danielle Boudreau’s “The Dictatorship of Debt” is showing at Montreal’s Atwater Library Threatre on Thursday April 9th at 8pm.
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