Rising oil prices are overwhelming the benefits of debt cancellation and threatening to deepen the debt crisis. This is the message of a new policy briefing released today by Oil Change International and the Jubilee USA Network (to view the press release click here). The brief outlines the urgent need to challenge G-8 plans to … Read More
Day: July 12, 2006
Oxfam on G8: Failed on Climate
The development group Oxfam has castigated the efforts of the G8 on climate change in the run up to this week’s meeting, as “all talk no action”. Oxfam says that the focus on climate change at the G8 Summit at Gleneagles a year ago “was instrumental in raising public awareness of the issue. But the … Read More
Oil Addicts Find New Veins at BTC Pipeline Party
Over 45 Presidents, Foreign Minister and Energy Ministers from 30 countries will come together on 13 July in Ceyhan, Turkey, for the grand launch of BP’s Baku-Tbilisi-Ceyhan (BTC) pipeline. Campaigners who have monitored the BTC project have issued a press release charging BP and participating international financial institutions (IFIs) with failing affected communities and the … Read More
BP Buys $1bn Stake in Rosneft
BP has astonished many analysts and critics by saying it is going to buy a $1bn stake in the state-owned Russian oil producer, Rosneft. It will seen as a major boost to President Putin just days before the G8 Summit. However opponents of the flotation told the Independent newspaper that BP had “a gun to … Read More
G8 Summit Heating Up as Police Snatch Up Rights Activists
In the run-up to the G8 Summit in Saint Petersburg this weekend, civil society and opposition figures are holding a two-day conference in Moscow to draw attention to President Vladimir Putin’s authoritarian tendencies. They want the other seven G8 countries to put pressure on Russia to spend more time promoting civil rights. The police have … Read More