A documentary exposes the practices and disastrous local impacts of oil extraction by European energy companies in Nigeria. Food for thought for ourselves and our political representatives at national and European level.
Earth’s riches, people’s troubles. Mining in Central Asia
January 31, 2012 | Read more
Two new reports and two videos on the impacts of mining operations in Kyrgyzstan and Mongolia unearth some of the downsides of the mining business in Central Asia.
Earlier this week we published an overview of two Central Asian mining projects financed by the European Bank for Reconstruction and Development – the Kumtor gold mine in Kyrgyzstan and the Ukhaa Khudag coal mine in Mongolia’s south Gobi desert, which is part of the much larger – in fact the world’s largest – coal deposit at Tavan Tolgoi.
Rushing into gold can leave people behind, EBRD
January 25, 2012 | Read more
A look at mining projects in Kyrgyzstan and Mongolia reveal a need to carefully revise the European Bank for Reconstruction and Development’s involvement in the exploitation of natural resources.
Tragedy or comedy, what is the Nabucco pipeline really?
January 19, 2012 | Read more
The announcement of German energy giant RWE to reconsider its plans for the Nabucco pipeline is just the last in a series of confusingly conflicting signals regarding the fate of this gargantuan project.
As pressures mount on western European banks to shore up capital ratios and with 2012 economic growth forecasts for Europe falling close to zero, officials from the European Central Bank, the European Commission, and several international financial institutions (IFIs) are meeting today in Vienna with regulators from CEE countries to discuss a second round of financial support for a fragile CEE banking sector.
