All the articles
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A new trap of indebtedness of the South to the North - Part 1
Evolution of the external debt of Developing Countries between 2000 and 2018
26 October 2020 - by Eric Toussaint, Milan Rivié
At the end of the 1990s and in the early years of the new millennium, Developing Countries (DC) were emerging from an unprecedented debt crisis, the “lost decades of development”, which had started in 1982 with Mexico defaulting. Between 1980 and (...) -
Series: 1944-2020, 76 years of interference from the World Bank and the IMF (Part 27)
The World Bank, thr IMF and the respect of human rights
25 October 2020 - by Eric Toussaint
“When I came to the Bank, we were not allowed to mention the word ‘corruption’. It was called the “c” word. Well, maybe we need to mention the “r” word which is ‘rights’” James Wolfensohn, 1 March 2004 The question of “human rights” has never been a (...) -
Oil, protest and mass solidarity in Mauritius
20 October 2020 - by Ramola Ramtohul
How an environmental catastrophe catalyzmajor anti-government mobilizations in Mauritius. auritius has a reputation for stability and the quality of its democratic politics. Massive protest action is relatively uncommon in the country. But the (...) -
Debt disaster with no escape
19 October 2020 - by Michael Roberts
The IMF-World Bank semi-annual meeting took place from 12th to 18th October 2020. Earlier the IMF kicked off the show with a warning that the poor countries of the world are heading for a catastrophe from the pandemic slump, leading to defaults (...) -
30 years of CADTM
(Video) Fattorelli : “The solution will come from grassroots, conscious, mobilized and united”
19 October 2020 - by Maria Lucia Fattorelli
Message from Maria Lucia Fattorelli (founder and spokesperson of the Citizen Debt Audit in Brazil, member of CADTM) for the 30th anniversary of CADTM. -
The CADTM denounces the G20’s measures on debt
17 October 2020 - by CADTM International
At the time of the WB-IMF annual assemblies held from 12 to 18 October 2020, the G20 Finance Ministers met on Wednesday 14 October to decide on new debt relief measures for the countries of the South. The G20 proved unable to meet the emergency (...) -
David Graeber (1961-2020): The Relevance of his Thought and his Struggle
16 October 2020 - by Eric Toussaint
The generally accepted idea that a debt must be repaid, with interest – which supposedly covers the risks taken by the bank, must be radically challenged. David Graeber did that through a historical analysis that takes into account humanity’s (...) -
Series: 1944-2020, 76 years of interference from the World Bank and the IMF (Part 26)
World Bank and IMF: 76 Years is Enough! Abolition!
15 October 2020 - by Eric Toussaint
At a time when the IMF and the World Bank are meeting together from 12 to 18 October 2020, mainly virtually, Eric Toussaint, international spokesperson for the CADTM, makes an assessment of the World Bank and its alter ego the IMF and proposes (...) -
Open Letter to All Governments, International Institutions and Lenders
14 October 2020 - by CADTM International, Collective
COVID19 has turned our world upside down. The Covid19 pandemic has severely impacted on the health, safety and survival of hundreds of millions of people. Communities worldwide are being pushed deeper into poverty, precarious existence and (...) -
Arrested Development: International Monetary Fund lending and austerity post Covid-19
13 October 2020 - by Daniel Munevar
A Eurodad-led review reveals insufficient and inadequate multilateral response to the Covid-19 pandemic on the part of the IMF, locking a large number of countries into a decade-long crisis of debt and austerity. A review of International (...) -
IMF’s new policy at odds with green Covid-19 recovery
13 October 2020 - by Bizcommunity
A new review of the International Monetary Fund’s (IMF) most recent economic policy advice for five countries with ongoing coal sector expansions show it is green-lighting fossil fuel expansion, despite the fund’s stated support for a green (...) -
How the IMF and World Bank Turned a Pandemic into a Public Relations Stunt
13 October 2020 - by Walden Bello
The IMF and the Bank would like the global South to believe that they are indispensable. They are not. The International Monetary Fund and the World Bank hold their annual fall meetings this week in the midst of a pandemic that has blazed a (...) -
The Bretton Woods Twins in the Era of COVID-19: Time for an Exit Strategy for the Global South?
13 October 2020 - by Focus on the Global South
As they mark their 76th year, the International Monetary Fund and the World Bank have been presented with a grand opportunity, not to save the world, but to salvage their tattered reputation. The Fund enters the annual IMF-World Bank meetings (...) -
Radical Socialist Statement on Hathras Caste Atrocity and the Babri Masjid Verdict
10 October 2020 - by Radical Socialist
On the 14th of September, a 19 year old woman of the Valmiki caste,was gang-raped and brutally assaulted by four Thakur men in Hathras, Uttar Pradesh. Her spine was broken, and her tongue cut out. Days later, she died in a hospital from the (...) -
CADTM rejoices the united anti-fascist mobilization in Athens on 7 October 2020 and the judgement against the neo-nazi Golden Dawn party
7 October 2020 - by CADTM International
The CADTM congratulates demonstrators for the success of the united antifascist mobilisation in Athens this Wednesday 7 October, as well the Athens penal court for its decision to label the neo-nazi Golden Dawn party as a ‘criminal (...) -
Greece 2015: There was an alternative
6 October 2020 - by Eric Toussaint
€18.00 Greece 2015: There was an alternative By Eric Toussaint Preface by Michael Roberts ISBN: 978-0-902869-70-7 RRP £15, €18, $20; 260pages Published by Resistance Books, IIRE and CADTM 2015 will be a landmark in the history of Greece, Europe and (...) -
Ending the pandemic slump – a return to Keynes?
2 October 2020 - by Michael Roberts
The latest Trade and Development report by the United Nations Conference on Trade and Development (UNCTAD), the economic research agency to help ‘developing countries’, is a must read. Not only is it packed with data and statistics about trends (...) -
Global Economic Solutions Now!
1 October 2020 - by CADTM International, Collective
The CADTM International network agrees to sign even though we are against calling upon the IMF, which amounts to giving it more power by increasing Special Drawing Rights (SDRs), and against creditor-led debt restructurings, because history has (...) -
Golden Dawn Τrial: They are not innocent!
29 September 2020 - by Collective
The public prosecutor in the trial of Golden Dawn, Adamantia Oikonomou, has provocatively asked for all members of the neo-Nazi party to be acquitted of any involvement in the murder of Pavlos Fyssas by a self-professed party member. She argues (...) -
Zambia, Debt and Covid-19
28 September 2020 - by Afrodad, JCTR
The pandemic has had a devastating impact on the living conditions of the population of Zambia. Debt relief with private creditor participation is required now to ensure the country can boost its Covid-19 response and support a sustainable (...)
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