(June 29, 2004) Of the billions of dollars the World Bank lends, the corrupt always seem to get their share. The bank says it’s making progress; critics, given new voice in the U.S. Congress, say more could be done.
Nu River residents get a shock from the Manwan dam
(June 29, 2004) Farmers who would be displaced by the controversial Nu River scheme were shocked at how people resettled a decade ago have fared: ‘We don’t like to see a situation where dams make power companies and governments richer, and poor people only poorer.’
It’s our oil, claims Endesa
(June 26, 2004) Endesa, Chile’s largest utility, announces plans to build five hydro-electric power stations in the next fifteen years for a total of $ 2.8 billion.
Big hydro plans for Chilean Patagonia
(June 26, 2004) Endesa, Chile’s largest utility, announces plans to build five hydro-electric power stations in the next fifteen years for a total of $2.8 billion.
Ten reasons not to finance the Nam Theun 2 dam
(June 25, 2004) Proponents have failed to demonstrate Nam Theun 2’s economic viability.
Russia to form parliamentary delegation for visit to Iraq
(January 25, 2004) A Russian parliamentary delegation will be formed soon for a trip to Iraq, Chairman of the Federation Council’s International Committee Mikhail Margelov told Itar-Tass on Sunday.
Killing of Charoen Wat-aksorn
(June 24, 2004) The fatal shooting of conservationist Charoen Wat-aksorn threatens to further undermine the public’s faith in a state that appears disinterested in protecting the lives of those who use peaceful means to protect their environment.
Corruption allegations jeopardise aid for Kenya
(July 23, 2004) Eighteen months after sweeping to power on a wave of optimism and pledges of reform, the Kenyan government is lurching towards a deepening crisis amid allegations of high-level corruption and donor threats to hold back aid.
SNC barred from bidding
(June 22, 2004) In a case kept quiet until now, Canada’s biggest engineering firm, SNC-Lavalin Group Inc., has emerged as the first major Western firm known to have been punished for fraud by one of the giant international agencies that finance development in poor countries.
‘Project’ing corruption in multilateral banks
(June 22, 2004) When ministers in India declare themselves stoutly in favour of economic reform, the sub-text is their enthusiasm for hefty loans from multilateral development banks – conditionalities and all – which come in handy in greasing their political machines.
France urges maximum 50 percent Iraq debt cancellation
(June 22, 2004) France does not want more than half of Iraq’s debts written off, a Foreign Ministry spokeswoman said on Tuesday, confirming Paris’ resistance to U.S. pressure to scrap almost all of $120 billion owed by the oil-rich state.
Oil giants get UN oil-for-food subpoenas
(June 18, 2004) Exxon Mobil Corp. and ChevronTexaco have received subpoenas from a federal prosecutor regarding the U.N.-run oil-for-food program in Iraq, the two largest U.S. oil companies said on Friday.
Venerable Acres International bought by larger Ontario rival
(June 18, 2004) Caught in an African bribery case and facing possible blacklisting by the World Bank, one of the great names in Canadian engineering, Acres International Ltd., has quietly accepted a takeover by a larger Ontario firm.
OIC backs Iraq’s new government
(June 17, 2004) OIC countries appealed all states to contribute to the alleviation of the financial burden on Iraq by writing off Iraqi debts as an expression of their support and as a contribution to the reconstruction of the country.
Independent oil-for-food probe will separate allegation from fact, Annan says
(June 17, 2004) Secretary-General Kofi Annan urged critics to allow a panel investigating allegations of corruption within the UN Oil-for-Food programme for Iraq to reach its conclusions before pronouncing judgement.
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