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The latest loan approved by the Inter-American Development Bank (IDB) to the Bolivian company Transredes, which is partially controlled by U.S.-based corporations Enron and Shell, suggests that if a business’ practices are deemed too shady for the United States, publicly administered overseas lending institutions have no qualms about using U.S. taxpayer money to export those methods to lesser developed countries.Transredes is jointly administered by Shell and Enron, which together have a 25% share in the company.

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