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The World Bank causes environmental havoc, financial ruin, and social harm throughout the Third World. The World Bank has financed dozens of disastrous dam projects, has supported road-building projects through the heart of the Amazon rainforest leading to massive deforestation, and has helped support toxic mining operations. Through it all, the Bank has shown a blatant disregard for the rights of the people most affected by its projects.
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What's New
Graft fights back
World Bank staff are determined to oust Paul Wolfowitz, because his campaign against corruption threatens their overpaid jobs. [Full story]
Predatory lending
The World Bank's credibility was in tatters well before Mr. Wolfowitz arrived in 2005. Indeed, Mr. Wolfowitz's anti-corruption campaign was intended to restore its credibility. The real scandal is the World Bank itself. [Full story]
Carbon boondoggles
Aid bureaucracies are the only winners when they repackage outdated development projects into supposed carbon savers. [Full story]
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Probe International is a project of the Energy Probe Research Foundation which is a federally registered charitable organization, No. 10730 5146 RR0001.
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