A "healthy" number of companies have admitted paying bribes under a new World Bank disclosure program, which encourages firms that have worked on bank-funded projects to report corruption or fraud. Read More
The General Agreement on Trade in Services (GATS), now being negotiated in the World Trade Organization (WTO), is likely to reduce migrant workers to the status of commodities. Read More
Local communities in Nigeria are taking the World Bank before an internal auditor over claims that the lender neglected its duties and anti-poverty mission when it funded a controversial gas pipeline in the region, whose construction they say will harm the environment and area residents. Read More
Chad on Monday softened threats to stop sheltering Sudanese refugees and halt oil production following rebel attacks as the United States offered to broker a solution to a dispute with the World Bank. Read More
A report from an unexpected quarter, the World Bank, has set forth a number of recommendations to mitigate the environmental impact of two paper pulp factories being built in Uruguay on a river that separates the country from Argentina. Read More
A government decision to cut food rations has hurt poor Iraqis who cannot afford high prices on the open market, say economists and Baghdad residents. Read More
On Thursday, the supreme administrative court ruled that the planned sale of the Electricity Generating Authority of Thailand (EGAT), to raise an estimated 892.5 million US dollars, was illegal. Read More
The mining industry has a worldwide image problem. In developing and developed countries alike, the public tends to regard mines as dirty, dangerous and disruptive - and those who stand to profit from them as greedy despoilers. Read More
A pipeline crossing the Peruvian Amazon has spilled natural gas liquids four times since it opened 15 months ago because it was shoddily built by unqualified welders using corroded pipes left from other jobs, according to a new technical report by the nonprofit environmental consultancy E-Tech International based in San Diego. Read More
The main public investor in a controversial gas pipeline in Peru's Amazon rainforest that has ruptured four times already appears adamant not to bow to pressure from green groups demanding a full investigation after a study asserted that the pipeline is shoddily built and likely to break again. Read More
