http://www.planetark.com/dailynewsstory.cfm/newsid/37789/story.htm

PHILIPPINES: August 23, 2006

ILOILO CITY, Philippines - Sludge has washed up on Panay, a large island in the central Philippines, as an oil spill from a sunken tanker spread, threatening rich fishing grounds, officials said on Tuesday.

MANILA, PHILIPPINES - A $75 million loan will promote clean, indigenous energy in Indonesia <http://www.adb.org/Indonesia> by assisting in the construction of a 661 km natural gas pipeline from South Sumatra to West Java.

FOR MORE THAN SIXTY YEARS, the International Monetary Fund and the World Bank together with their partner regional development banks and export credit agencies, have used international finance capital to exercise control and restructure the societies of the South to serve the interests of global private corporations and the economic and geopolitical agenda of the few powerful nations that control these institutions.