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21. Washington Post, The (DC) - March 9, 1977

Egypt Officials See IMF Loan Of $140 Million
  Egyptian officials said here yesterday that they expect formal approval of a $140 million International Monetary Fund loan before the end of this month as the first stage of more than $600 million in IMF advances over a period of several years.At the same time, long-term development loans amounting to about $1 billion over a four-year period have been suggested by Egypt to the World Bank, covering areas such as housing, power, water supply, transport and other "infrastructure...
22. Washington Post, The (DC) - March 31, 1977

Senate Unit Votes Repeal Of Anti-India Measure
  In a gesturing of approval for India's new regime, a Senate Foreign Relations subcommittee voted yesterday to repeal an anti-India measure adopted by Congress in reaction to that nation's May, 1974, nuclear explosion.Voted in July, 1974, at the urging of Rep. Clarence D. Long, (D-Md.), the existing statue requires U.S. representative of the World Bank to vote against low-interest loans to India. However, the U.S. voters are insufficient to block the loans....
23. Washington Post, The (DC) - August 11, 1977

Rights-Violating Nations Getting U.S. Aid
  The Carter administration is still providing large amounts of foreign aid to several countries condemned internationally for human rights violations, including those to whom U.S. aid has been officially cut, according to a new study.The Washington-based Center for International Policy, a private, non-profit group, tracked down less wellknown aid sources such as ship transfers, narcotics controls programs, military education and training as well as conventional military assistance, sales...
24. Washington Post, The (DC) - July 4, 1977

World Bank Buys 19th & I Site for 12-Story Building
  A one-acre downtown site for a new office building has been purchased by the International Bank for Reconstruction and Development for about $10.4 million.A spokesman for the World Bank confirmed the purchase of a tract at 19th and I Streets NW from 1850 I Street Holdings (a group headed by developer Ben Jacobs) as the site for a 12-story office building that will be started soon. The structure, which will have more than 40,000 square feet of usable space, is expected to be ready for...
25. Washington Post, The (DC) - September 25, 1977

IMF, Would Bank Face Grave Issues
  There are at least four critical issues, all inextricably intertwined, facing the world's financial leaders who gather this weekend for the 32d joint annual meetings of the International Monetary Fund and World Bank group which open here formally Monday morning.And while none of the leaders is promising any major decisions or new initiatives, there is nothing quite like this yearly extravaganza to concentrate the mind. Thus, lit is no small coincidence that both West Germany...
26. Washington Post, The (DC) - May 22, 1977

Credit Suisse Scandal Casts Shadow Over Swiss Banks
  A Swiss bank account - symbol of security and secrecy for many of the moneyed people around the world - may be a little less attractive these days in the wake of a major scandal involving Switzerland's oldest and third largest bank, Credit Suisse.Through shady dealings by its branch at Chiasso on the Italian border of which the bank's Zurich headquarters supposedly was unaware, Credit Suisse faces losses that state prosecutors estimate could run to $400 million....
27. Washington Post, The (DC) - September 17, 1977

Debt Relief for the Third World: Road to Disaster
  The new International Monetary Fund (IMF) Witteveen Facility for "debt relief" - a $10 billion fund for paying the oil-import costs of poor nations - is applauded by bankers and politicians worldwide. But such adulation is unwarranted and misleading. Though well-intended in concept, the new facility - like the IMF gold auctions, the newly expanded World Bank lending authority, the "doubling" of foreign aid, etc. - is one more special-funding...
28. Washington Post, The (DC) - December 14, 1977

2 D.C. World Bank Aides Die in Crash
  O. Donald Hoerr, 41, was an educational planner on the staff of the World Bank, which he had joined last June. He also had spent a year on the World Bank staff in 1970-71.Born in Portsmouth, Ohio, Mr. Hoerr attended Brandels University and graduated from Geroge Washington University in 1959.He worked as a research assistant for one year with the Rand Corp. here, then went to The Hague where he earned a master's degree from the institute of Social Studies.Mr. Hoerr...
29. Washington Post, The (DC) - August 20, 1977

The world's second-largest bank company, Citicorp
  The world's second-largest bank company, Citicorp, is saturating Michigan and 24 other states with mailings trying to hustle up new bank credit card customers far from its home base in New York.The letters urge people to send back a coupon to get a Citibank Visa card, including a pre-approved line of credit. Visa is the new name for BankAmericard. ...
30. Washington Post, The (DC) - April 23, 1977

Jawboning on Human Rights
  JIMMY CARTER can fairly be blamed for the force behind the unholy alliance that threatens to tie up American participation in the international development agencies. For without his early rhetoric and lack of restraint, it is doubtful that such strong support would have been mustered behind the Harkin amendment, which requires the United States to oppose World Bank and other loans to countries engaging in "a consistent pattern of gross violations of internationally recognized human...

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