Tag: Patricia Adams

A troubling deposit at World Bank

(November 29, 1995) For 5O years government guarantees have allowed the World Bank and its sister development banks to amass the world’s riskiest loan portfolios. Three months ago, the weakest of these sisters, the African Development Bank, was downgraded. And now for the first time, the World Bank admits that many of its own loans can’t be paid back.

Cyanide devastated Guyana’s main waterway, thanks to a project supported by your tax dollars

(August 21, 1995) The disaster in Guyana began in the early morning hours of Saturday August 19: at a Canadian-owned gold mine, a red, poisonous sludge erupted through a breach in an earthen dam which was holding back a waste pond.