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Myanmar will start clearing its debt owed to the World Bank and the ADB, with financing from a bridge loan from the Japan Bank for International Cooperation.
WSJ: What's News
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To Uruguay's annoyance, Argentina is now trying to block a loan from the World Bank's International Finance Corporation to fund 9% of the plants' cost.
ECONOMIST: A battle over foreign investment
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In the way of background, I am an international banker by training, having served as a Vice President in the International Department of the Chase Manhattan Bank with responsibility for Chase's loan portfolios in the former Soviet Union, Eastern and Central Europe and Yugoslavia.
CENTERFORSECURITYPOLICY: Doing business with Iran
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Even as he targets international trade through the guaranteed-loan program of the U.S. Export-Import Bank, he is watching the home front--literally, with mortgages for developers who build low-income housing in southern California.
FORBES: Magazine Article
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Robinson argued that new money flows -- such as the "bridge loan" being contemplated by the G-7 through the multilateral Bank for International Settlements -- under current circumstances would represent "a bridge to nowhere" and end up costing Western taxpayers dearly.
CENTERFORSECURITYPOLICY: Center For Security Policy