European Investment Bank

EU Bank ‘Funding Polluters’

The European Investment Bank, the largest institutional bank in the world, is facing criticism for its funding of fossil fuel projects and for weaker standards for lending to coal plants than currently proposed in both the U.S. and Canada.

Despite Possible Attacks, Gaza Plans Half-Billion-Dollar Desalination Plant

Last May the European Commission reported that scores of infrastructure projects in the Gaza Strip, financed mostly by the European Union, have been damaged or destroyed, wittingly or unwittingly, by Israeli military forces in the ongoing conflict in the Palestinian Occupied Territories.

Banksters Hijack Microfinance

For several decades, microcredit presented itself as a magical and benign financial tool for the poorest people in the world, who were otherwise completely excluded from conventional commercial banking services, to secure easy access to loans in order to set up their own businesses and live a dignified life.


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