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What's New! Vol. III, No. 4


June 2004

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Items:

1) UK Channel Four News Investigates British ECA Practices

2) German Government Sued Over Climate Change Created by Its ECA

3) Finnish ECA Agrees to Environmental Transparency

4) New AIDWATCH Report on Australian ECA

5) Update on “Uncle Sam's Iraq Quagmire Fund”

6) US Ex-Im Bank Chairman Diverts Letter About Alleged $180m Bribe Involving Halliburton Subsidiary

7) Canada ’s ECA Creates Ecology Pact with Confederation of Indian Industry

8) Russian Government May Force BP to Stop Work at Samotlor- Its Largest Siberian Field

9) Australia Seeks $500m Owed for Wheat Shipped to Iraq before 1990

10) APP Reaches Environmental Agreement with ECAs

11) Facing Gas Shortfall , US Officials Meet with Russian Oil and Gas Producers

 

1) UK Channel Four News Investigates British ECA Practices

June 8, 2004 – The Channel Four News in the UK reports that the ECGD has helped Britain to become the world's second biggest arms' exporter. Although the arms industry makes up just 2% of total British exports, this industry receives as much as 50% of the financing provided by ECGD, effectively an annual subsidy of £250 million. A spokesperson for the ECGD went on record: "Elements of our support have operated as a subsidy in the past but ECGD ... is working internationally to eliminate unfair subsidies." Click here for more on this story from the London Green Party.

 

View Back Issues of What's New:

April-May 2004

March 2004

January-February 2004

December 11, 2003

November 5, 2003

September 15, 2003

May 18, 2003

April 11, 2003

March 17, 2003

February 20, 2003

February 7, 2003

January 24, 2003

December 17, 2002

November 22, 2002

October 29, 2002

October 23, 2002

September 30, 2002

September 12, 2002

August 26, 2002

July 19, 2002

July 08, 2002

June 14, 2002

 
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