Colombia has persevered against armed conflict, violence, terrorists, and narcotraffickers. It is now managing a massive influx of migrants from Venezuela. But a new challenge has emerged.
Center for Biological Diversity: WASHINGTON Environmental groups sued the United States International Development Finance Corporation, or DFC, today for illegally exempting itself from the Sunshine Act, which requires multi-member federal agencies to open deliberations to the public. The DFC provides billions of dollars in financing each year to international projects, including fracking and environmentally destructive road-building.
WASHINGTON Environmental groups sued the United States International Development Finance Corporation (DFC) today for illegally exempting itself from the Sunshine Act, which requires multi-member federal agencies to open deliberations to the public. The DFC provides billions of dollars in financing each year to international projects, including fracking and environmentally destructive road-building.
The Trump administration exempted the agency from the Sunshine Act in April 2020, despite the fact that the DFC’s predecessor agency, the Overseas Private Investment Corporation, or OPIC, was subject to the act. In response to the litigation, the DFC has claimed that the Sunshine Act does not apply to it, meaning DFC is under no obligation to notify and hold public meetings.
The ‘Big Game’ Around Georgia’s Deep-Water Ports
Publication: Eurasia Daily Monitor Volume: 18 Issue: 79
Anaklia deep-water port mockup (Source: Agenda.ge)
Last March, Georgian Prime Minister Irakli Garibashvili announced that his government would post a new tender for the construction of the Anaklia deep-water port (Report.ge March 31; Netgazeti, March 4). This mega-project, originally envisioned by former president Mikhail Saakashvili (in power 2004–2012), is the most ambitious in Georgian history. Several years ago, the country’s parliament even amended the constitution to facilitate its development, obligating any future government to build a deep-water port on the Black Sea coast of Georgia. The completion of such a port promises to upend the geopolitical and geo-economic situation of the Caucasus, Central Asia, and the Black and Caspian Sea regions (Jam-news.net, January 1, 2020).
The International Development Finance Corporation needs permanent leadership JP Carroll
On Sunday s episode of CBS s 60 Minutes, Secretary of State Antony Blinken spoke at length about the complexities of America s relationship with China.
One major aspect of that relationship is economic, with interviewer Norah O’Donnell noting that China may surpass the United States in gross domestic product by 2028. For the U.S. to remain economically competitive on the world stage, the U.S. International Development Finance Corporation, or DFC, must have permanent leadership.
At present, the institution is led by acting CEO and Deputy General Counsel Dev Jagadesan. He has been at the DFC and its predecessor organization since 2001. Given Jagadesan’s institutional memory, he would be a strong choice to lead up the organization on a permanent basis. However, whether it is Jagadesan or someone else who gets the job, the DFC needs a permanent leader at its helm. That lead