World Bank suspends Tanzania tourism funding after claims of killings and evictions
by The Guardian
The Guardian— Plan to expand Ruaha national park has been beset by allegations of abuse, leading bank to withhold final $50m of $150m budgetThe World Bank has suspended financing intended to develop tourism in southern Tanzania after allegations of killings, rape and forced evictions.The bank began investigating last year after being accused of enabling abuses around Ruaha national park, which was due to double in size as part of a World Bank-supported programme. Continue reading
The Daily Beast—Tanzanian Park Tourism Project Loses Funding Over Human Rights Abuse Claims. A wildlife tourism project has lost its funding after being tied to several extrajudicial killings, disappearances, and sexual assaults.
www.counterpunch.org—Are the BRICS and Their New Development Bank Offering Alternatives to the World Bank, the IMF and the Policies Promoted by the Traditional Imperialist Powers?. In recent years, the rightful rejection of the policies promoted by the traditional imperialist powers (North America, Western Europe and Japan), followed by the announcements made by the BRICS (Brazil, Russia, India, China and South Africa), have aroused great interest and expectations of major changes, including the creation of a common currency to challenge the More
Zero Hedge—As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN. As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off Source: Bloomberg The flows into money-market fund assets through April 24 mainly on the back of inflows by institutional investors, which had led the tax-related decline the...