The Three Gorges Dam’s flood control performance continues to generate scrutiny. Jonathan Green for The Market Mogul asks how effective has the dam been period.
Disgorging
More on the Three Gorges Dam’s flood control capabilities and its performance in one of the wettest seasons for China since the record-breaking El Niño event of 1997-98. In this report, The Economist concludes the country’s weakened river pulse is “in danger not only from floods but from its flood controls.”
Why is the flood control capacity of the Three Gorges Dam project being questioned again?
Because the project’s flood control capacity doesn’t work.
Expropriation for Scarborough subway extension an unnecessary evil
A common test of whether a proposed expropriation is legitimate is whether it is “fair, sound, and reasonably necessary.” Expropriations for the Scarborough extension fail all three tests.
Brexit is already proving to be a huge victory for global free trade
World trade, Canada’s included, is beating a direct path to the British market.
The EU has no choice but to give the U.K. whatever deal Brexiteers want
The EU needs the U.K. much more than the U.K. needs the EU.
Brexit was the U.K.’s vote against a new socialist empire
The UK’s decision to leave the European Union continues the Great Unwinding of multinational states that began with the collapse of empires after the First World War.
Chalillo Dam dispute goes before Inter-American Commission on Human Rights
The Inter-American Commission on Human Rights has given the government of Belize three months to respond to allegations filed 12 years ago by BELPO, an organization representing the Maya people and affected communities.
IACHR considers human rights violations regarding Chalillo dam
More than 10 years after its completion in September 2005, the Americas’ official human rights watchdog has opened a case against the government of Belize to consider the impacts of the country’s long controversial, Canadian-owned Chalillo dam.
Dispute between CNOOC and Toronto-listed Husky and Primeline could impact China-Canada trade
This terrific article by the Financial Post echoes the warning signs of an earlier Post piece by Probe International’s Patricia Adams on trade with China and, in particular, China’s state-owned enterprises.
World Bank caution to Tanzania criticised
These comments by Tanzanian economics professor Humphrey Moshi serve as quite an indictment of the wayward World Bank. When China — no stranger to poor practices itself — is your “saviour” from bad World Bank policies … The Daily News reports.
The resource curse comes to Mozambique
Hidden foreign aid to an incompetent and dishonest government is set to rob Mozambique of its gas treasure as no one can explain what happened to billions of dollars the country borrowed for a series of price-inflated, murky projects. The Institute for Security Studies (ISS) reports.
Will NJ consumers be hit with zero-emission surcharge for nuclear?
It may not have been able to compete with fossil fuels but global warming has given nuclear power an edge: on more subsidies. The example of New Jersey shows how desperation on the global warming front is jeopardizing decision-making and ignoring the penalties and perils of “clean energy’s” new good guy.
Aid is best spent in poor, well-governed countries. That isn’t where it goes.
This Economist piece doesn’t mince words: foreign aid, it says, “is a mess in almost every way”. Hard-won transparency in aid over the past decade has actually revealed “just how badly things are going”.
Oil-rich Nigeria is ready to implode. There’s one way to stop it
Nigeria doesn’t need bailouts; it needs to change its governance. Lawrence Solomon reports for the National Post.
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