 The World Bank has warned that it could take action against Chad after the country's parliament changed a law governing the use of oil revenues. World Bank President Paul Wolfowitz said the law was a deciding factor in the bank's financial support for a massive oil pipeline project in 1999. It guaranteed that oil revenues were used to help reduce poverty in Chad. The new legislation gives the Chadian government more control over how it uses the money. It abolishes what was known as the "future generations fund", which had kept 10% of the country's oil revenues for use in tackling poverty in Chad. The government wants to use the $36m (£21m) held in the fund to deal with some of the country's financial problems, which include months of unpaid salaries. ...
http://news.bbc.co.uk
censor News |
Editor - 11:41:00 12-30-05
|
 Gaza border reopens after protest |
| The Rafah crossing point between Egypt and the Gaza Strip has been reopened hours after a protest by Palestinian police officers forced it to close. The police, backed by gunmen from the Fatah party, had storme.. full News |
Editor - 11:33:00 12-30-05
|
| Walkout protest hits China paper |
| About 100 journalists from one of China's most progressive newspapers, the Beijing News, have walked out to protest against their editor's sacking. The highly unusual move follows the ousting of editor-in-chief.. full News |
Editor - 11:28:00 12-30-05
|
| Inquiry into leak of NSA spying program launched |
| The Justice Department has opened an investigation into leaks to the media about the National Security Agency's classified domestic surveillance program. The program authorizes the NSA to eavesdrop on Americans.. full News |
Editor - 11:26:00 12-30-05
|
| Europe Gets Hammered by Second Snowstorm in a Week; Icy Weather Blamed for Dozens of Deaths |
| Europe's second snow storm this week piled drifts on tracks and roads Friday, slowing buses, trains and trams and stranding motorists. At least two people were killed in mass pileups, and a week of icy weather .. full News |
Editor - 11:23:00 12-30-05
|
| Sony to settle anti-piracy CD row |
| Free music downloads and cash refunds could soon be offered to owners of Sony BMG CDs loaded with controversial anti-piracy software. The offers are part of a proposed settlement of lawsuits against Sony BMG ov.. full News |
Editor - 11:19:00 12-30-05
|
|
| post The Good, The Bad and The Ugly |
|
|
