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2009/04/08
(Embassy Magazine, Ottawa, 15 April 2009) Leading civil society advocates are fuming that a review of Export Development Canada's business activities did little to advance the agency's obligations to human rights and transparency, and they are calling on the government to act. As EDC reaps an... more
2009/04/07
(GOSanAngelo, Lubbock, 14 April 2009) Brazil is claiming damages of $1.3 billion for the U.S. Export Credit Guarantee program... The WTO rejected the U.S. government's appeal in 2005, which prompted speculation that all American cotton subsidies would end, devastating U.S. farmers who depended on... more
2009/04/06
(Euromoney, London, April 2009) Corcoran plans two debt financings totalling up to €6 billion, half of which will carry export credit agency guarantees. The two pipelines will run in parallel for 1,210 kilometres under the Baltic sea, from Vyborg in Russia, just north of St Petersburg, close to the... more
2009/04/05
(NBC Papua New Guinea, 20 April 20 2009) Exxon Mobil Limited and its partners are reportedly seeking US$9-billion in debt financing for the PNG liquefied natural gas project. The Export-Import Bank of Korea said, it is looking to support Exxon Mobil Limited and its partners...under the condition... more
2009/04/04
(Timesonline, London, 13 April 2009) A plan by the Turkish Government to build a dam that would displace tens of thousands of Kurds, obliterate villages and submerge an ancient archaeological site was always likely to attract the attention of human rights groups.
2009/04/03
(Stop Ilisu Campaign, Ankara, 16 April 2009) A delegation from Doğa Derneği met with the Turkish Minister of Culture and Tourism, presenting the Minister Günay with a scientific report demonstrating that the Tigris Valley and Hasankeyf meet the UNESCO World Heritage Sites criteria. In other news,... more
2009/04/01
2009/03/08
(IRN, Berkeley, 17 March 2009) Payal Parekh and Ann-Kathrin Schneider, two staff members of International Rivers, unfurled a banner at the opening ceremony of the World Water Forum in Istanbul yesterday. The banner said, "... more
2009/03/07
(EFIC, Sydney, 3 March 2009) The Export Finance and Insurance Corporation announced that it adopted the Equator Principles on 3 March 2009. EFIC joins financial institutions... more
2009/03/06
(Aviation Week, Scottsdale, Arizona, 20 March 2009) If members of the International Society of Transport Aircraft Traders (Istat) meeting here last week are any indication, no carrier is safe, manufacturers are over-producing and the credit crunch... more
2009/03/05
(Transparency International, London, 2 March 2009) Transparency International (UK) has pointed out that a review of the ECGD’s anti-bribery provisions is due this year, and in the light of this case, it is imperative for the Government to commission an independent review into best practice, and for... more
2009/03/04
(Financial Times, London, 6 March 2009) Two British men face up to 55 years in a US prison for alleged participation in a Nigerian bribery scheme in one of the most dramatic signs yet of the long arm of US anti-corruption laws. They allegedly funnelled tens of millions of dollars to Nigerian... more
2009/03/03
(ECGD, London, 30 January 2009) In reply to a Freedom of Information Act enquiry by The Corner House, ECGD acknowledges it was aware, prior to its decision to support the BTC project, of NGO warnings that the BTC project might incite Russia to act to reassert its control over oil and gas exports... more
2009/03/02
(Telegraph, London, 28 February 2009) The Department for Business has brought in experts from the Export Credit Guarantee Department (ECGD), which insures large export orders secured by British companies with overseas government customers, to assess the risk profile of bank loan portfolios to be... more