(December 6, 1999) The World Bank is to cut its lending to Beijing by up to US$1 billion over the next three years, according to reports.
Water project’s former CEO in court
(November 30, 1999) Two individuals, including Masupha Sole, and representatives of three international companies, appeared before the chief magistrate of Maseru yesterday on charges of alleged bribery amounting to R22m.
World Bank cancels China-Tibet resettlement scheme
(November 30, 1999) Read background information about the proposed resettlement project in Tibet.
Corrupt companies should be suspended from WB contracts
(November 29, 1999) Dam-building companies charged with corruption in a Lesotho court should be suspended from receiving World Bank contracts while they are under investigation, says International Rivers Network.
Outspoken chief economist leaving World Bank
(November 25, 1999) Joseph E. Stiglitz said Wednesday that he would resign as the World Bank’s chief economist after using the position for nearly three years to raise pointed questions about the effectiveness of conventional approaches to helping poor countries.
Water power in Asia : The dry facts about dams
(November 19, 1999) Look across Asia, and you might think that the Big Dam is alive and well. The region is home to much of the world’s dam building, including two of its most ambitious projects: those in India’s Narmada valley and China’s Three Gorges.
EDC is buying off its opponents public-private collusion to create export cartel
(November 18, 1999) In 1993, the federal government greatly expanded the powers of the Export Development Corp. by allowing it to move into the private sector’s turf and finance Canadian firms’ activity in Canada. As a sop to the banking and insurance industries, which cried foul upon learning that they would soon face unfair competition from this Crown corporation, the government promised to review the new EDC legislation five years hence. That review, conducted by the law firm of Gowling Strathy & Henderson and now before the standing committee on foreign affairs and international trade, fails utterly to address EDC’s fundamental problems.
Wolfensohn will lose face if he gives nod to dirty dozen
(November 17, 1999) The simple issue on the agenda at a World Bank meeting in Pretoria is corruption – specifically the padding of Katse Dam construction costs by a "dirty dozen" of multinational corporations.
Statement to the Standing Committee on Foreign Affairs and International Trade on the Review of the Export Development Act
(November 16, 1999) Patricia Adams’s Statement to the Standing Committee on Foreign Affairs and International Trade
PRESS RELEASE China’s largest hydrodam can’t sell its power
(October 27, 1999) China’s largest hydrodam will lose US$121 million (1 billion yuan) this year, according to its general manager, because it doesn’t have enough customers for its output.
Funders ponder response to corruption
(October 21, 1999) The World Bank and other official financiers meet next month to discuss ways out of a corruption scandal reaching from the remote highlands of Lesotho to their own headquarters.
World Bank sends inspection team to China to probe dam project
(October 6, 1999) The World Bank has sent a team of experts to China to evaluate criticisms of a vast dam and irrigation project it wants to support, a Bank official said here Tuesday.
Pressure from China results in passage of controversial project
(October 6, 1999) Canada abstains during World Bank vote
China resettlement plan starts debate over Tibetan culture
(October 6, 1999) For a number of years, the People’s Republic of China has been accused of following a policy designed to change the culture of Tibet by overwhelming the indigenous population with massive numbers of ethnic Chinese settlers.
World Bank funding criticised
(October 1, 1999) A US$40M loan to China, to help fund an US$80M water project in Tibet, has been condemned by Tibet Right groups, human rights activists, Tibet’s government in exile and environmental lobby groups.
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