Multilateral Banks

Published by
InterPress Service
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Child labor has not yet been eradicated in Brazil due to cutbacks in social spending aimed at ensuring payments on the foreign debt, Social Watch, an international network linking non-governmental organisations from 60 countries, said Wednesday. Read More
Published by
Pacific News Service
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Two years ago, rioters protesting increased water rates forced a Bechtel, U.S. company, in Bolivia to pack its bags and leave. Now, in a harbinger of the loss of local control through globalization, the corporation is striking back in secret proceedings. Read More
Published by
Guardian
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Come Sunday, Latin America's biggest country could elect its first leftwing leader for 40 years, Luiz Inacio Lula da Silva of the Workers party. With 41% support in the polls and 20 points ahead of the next challenger - ruling party candidate Jose Serra - Lula, as he is commonly known, could win the presidency outright in the first round. Read More
Published by
Agence France Presse
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Police used unconstitutional tactics and abused their authority when they arrested hundreds during the weekend anti-globalization protests, activists charged. Police arrested more than 650 people in three days of protests coinciding with the annual World Bank and IMF meetings. Read More
Published by
Environment News Service
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Dupont Circle was full to capacity this afternoon with several thousand people for a permitted rally protesting economic and environmental injustice, and the possibility of war in Iraq. The protest was part of a weekend of demonstrations timed to coincide with the annual meeting of the World Bank and International Monetary Fund. Read More
Published by
Africa Action
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Washington, DC (September 25, 2002) -- Ahead of this weekend's Annual Meetings of the World Bank and International Monetary Fund (IMF), Africa Action denounced the failure of these institutions to respond to Africa's growing debt crisis, and issued the recommendations below for immediate action from creditors. Read More
Published by
Essential Action and the Global Alliance for Incinerator Alternatives
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Washington, D.C. and Manila (September 25, 2002) -- The Global Alliance for Incinerator Alternatives (GAIA) today released a new report documenting the World Bank's continued funding of incineration, a polluting technology receiving intense criticism in many countries. The report, available online at www.no-burn.org, documents 156 World Bank Group projects in 68 countries in the last 10 years that have promoted incineration; 26 of those projects were initiated since 2001, including two projects that recommended incinerating PCBs in Argentina and Brazil, an Indian project that recommended incinerating PVC byproducts, and another Indian project that recommended an incinerator at a pesticide plant. Read More
Published by
Essential Action
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Tell the World Bank to stop funding incinerators. Dioxin factories are not ''sustainable development''! Stand in solidarity on Sep. 25 with people in Kenya, Argentina, South Africa, Mexico, India, Brazil, Turkey, Mozambique, Nigeria, Philippines, South Korea, Bulgaria, and the U.K. as they tell the World Bank to break its ugly incinerator habit. Read More
Published by
Amazon Watch, Environmental Defense and German NGOs
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WASHINGTON, DC -- Environmental groups in Germany and the US released a new report today that provides conclusive evidence that the German Bank Westdeutsche Landesbank (WestLB) violated its own policies in loaning $900 million to the OCP Consortium building Ecuador's new heavy crude pipeline. The independent report written by Robert Goodland, former Chief of the Environmental Department of the World Bank, found, ''substantial non-compliance with all four applicable WBG's [World Bank Group] Social and Environmental Safeguard Policies.'' Specifically, the report found violations of World Bank Operational Policies on Environmental Assessment, Natural Habitats, Involuntary Resettlement, and Indigenous Peoples. Read More
Published by
Environment News Service
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MASERU, Lesotho -- Advocates of corporate accountability are pointing to the sweeping implications of a landmark verdict delivered Tuesday by the High Court in the tiny kingdom of Lesotho that a Canadian multinational company was guilty of paying bribes to win contracts on a dam project. Read More
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