(July 4, 2004) International oil and mining companies are abetting the vast misappropriation of public funds in the developing world, a report has said.
Lesotho builds case against Impregilo
(June 6, 2004) Impregilo, one of Italy’s biggest construction firms, will know within weeks if it is to face corruption and bribery charges arising from the Lesotho Highlands Water Project (LHWP).
Australia to forgive Iraq debt as eyes wheat market
(June 3, 2004) Australia will forgive the majority of a $500 million debt owed by Iraq for wheat purchases as it looks to rebuild one of its most important markets for grain, Trade Minister Mark Vaile said yesterday.
“G8 to welcome OPEC move, focus on Iraq debt,”source
(June 3, 2004) The leaders of the Group of Eight industrial nations next week are expected to welcome OPEC’s decision to raise oil output and will discuss reducing Iraq’s debt burden, a European diplomatic source told Reuters. The diplomatic source, who asked not to be identified, said: "On the economic front, the heads of state and government will concentrate overall on Iraq’s debt. The percentage to cancel and restructure will be in a range of 60 to 90 percent."
Former oil-for-food director criticizes security council
(June 2, 2004) The former head of the UN oil-for-food program in Iraq says the Security Council prevented him from effectively administering the multibillion-dollar-a-year program that is now the focus of several inquiries.
Following Saddam Hussein’s secret money-laundering trail
(June 3, 2004) A detailed analysis of Saddam Hussein’s secret money-laundering techniques shows here for the first time how he used the same offshore money launderers as Osama bin Laden.
Big business urges quick action on African peer review
(June 4, 2004) Big business called on African governments quickly to get to work on its peer review system, warning that the continent’s mutually agreed instrument of self-monitoring was in danger of losing its impact.
Iraqis: US officials stalling oil-for-food probe
(June 3, 2004) New York: U.S. officials charged with managing Iraq until June 30 are facing accusations that they are trying to hinder the investigation into what happened to millions of dollars from the United Nations oil-for-food program.
The daze after tomorrow
(June 2, 2004) A new Hollywood disaster film fantasises the convulsive effects of global climate change. But it’s the real world of Haiti and the Dominican Republic that blows Caspar Henderson away.
New campaign launches to cancel poor country debt
(July 2, 2004) Jubilee USA announces campaign to persuade the Bush administration to press international financial institutions to cancel the debt of the world’s 50 poorest nations.
PRESS RELEASE French-led hydro venture in Lao PDR is uncompetitive and obsolete, says new report
(July 1, 2004) Power consumers, rural poor would be better served by smaller projects.
French-led hydro venture in Lao PDR is uncompetitive and obsolete, says new report
(July 1, 2004) Power consumers, rural poor would be better served by smaller projects.
U.S. lesson: follow the oil-for-food money
(July 1, 2004) This is the tale of a bribe linked to the U.N. oil-for-food program in Iraq.
U.S. call to cancel Iraqi debts flouts precedents
(July 1, 2004) Experts say U.S. efforts to forgive most of Iraq’s $120 billion would be a slap in the face for nations still paying old dictators’ bills.
Finance minister says Iraq will oversee reconstruction funds
(January 30, 2004) Iraqi Finance Minister Kamil al-Kaylani has said that Iraqi officials will soon begin operating a regulatory body to oversee the disbursement of Iraqi reconstruction funds, including the $18.6 billion in U.S. funds for Iraq.
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