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.

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New York's insurance regulator, Eric Dinallo, is involved in discussions at the New York Fed about AIG, asking the central bank to provide the bridge loan.

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Once those 40 requirements have been satisfied, then Ibama will grant a full installation license and the massive Brazilian National Development Bank (BNDES) will likely step in with a bridge loan to get the project started.

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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.

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Mr. Tabach-Bank says his well-heeled loan applicants often only need a cash infusion as a "bridge" if they are buying a home while selling another, or to jump into an investment opportunity.

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