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G20 : the Symbol of a System Failure
by
Eric Toussaint
7 November 2011
The G20 is no more legitimate than its progenitor the G7 (Canada, France, Germany, Italy, Japan, UK and USA). It was launched by the industrialized countries three years ago when they were beginning to feel the effects of the biggest economic crisis since the 1930’s. The G20 was thwarted from the start to the finish of its summit in Cannes on 3rd and 4th November 2011. That the EU and Eurozone are in crisis is flagrant, and at the heart of all the concerns. The about-turn exercised by (...)
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Peoples against G20
31 October 2011
CADTM Activities at G20 counter summit Wedensday November 2nd 9.30-12am Citizen debt audit : YES it is urgent ! Proposed by : CADTM Europe - ATTAC Europe – Jubilee UK - EN FR ES Speakers : Eric Toussaint (CADTM Belgium), Jonathan Stevenson (Jubilee UK)., Representatives of the French Comittee for Debt Audit : Annick Coupé (Solidaires), CGT, Daniel Rallet (FSU), Frédéric Lemaire (ATTAC France), Schools, hospitals, emergency accomodation...Pensions, unemployement benefit, culture, (...)
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Why is demonstrating in Nice against the G20 the 1st to 3rd November 2011 essential ?
by
Eric Toussaint
30 October 2011
In the context of global crisis, what is at stake at the G20 meeting under French presidency? The crisis is worsening, especially for the most industrialized countries. The governments of the so called "emerging" countries such as Brazil, China, India and Russia wish to gain greater hearing in international institutions like the IMF and the World Bank. The G20 is an illegitimate club created in 2008 by the G7 (equally illegitimate club made up of Canada, France, Germany, Italy, Japan, UK (...)
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Call from Dakar to Mobilize for the G8 and the G20 in France in 2011
Put people, not finances, first
2 March 2011
For the G8, May 21 and 22 in Deauville For the G20, from October 31 to November 5, 2011 in Cannes Gathered together here in Dakar during the Convergence Assembly for Action against the G8/G20 at the World Social Forum, we - the social movements, trade unions, international solidarity associations, women and men from all continents - are calling for massive popular mobilizations during the G8 summit on May 26th and 27th in Deauville and the G20 summit on November 3 and 4 in Cannes. In (...)
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Call to mobilization for the G8 and G20 in France in 2011
30 November 2010
In November, France will take over the Presidency of the G8 and the G20 and will be organizing their summits in June and November 2011. But while summits pass, the economic, financial, ecological and social crises remain. The last G8 and G20 meetings (in Pittsburgh 2009 and Toronto 2010) did not bring and real answers to these crises. On the contrary, all the evidence points to them having sought above all to reconfirm the legitimacy of the actors and the mechanisms behind these crises, all (...)
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Announcement
G-20 still does not have a consensus on how to get out of the crisis. It’s time to restart a democratic and inclusive debate about the crisis
by
Latindadd
12 November 2010
More than two years have passed since the holes in the neoliberal system’s ability to generate the world population’s wellbeing became apparent. The crisis generated by this model is so huge that it requires the cooperation of all the countries of the globe. Within this framework, the G7 tried to legitimize a new space with the G-20, in which some emerging economies were included as a political way-out to contain the damage created by the crisis. It was self-proclaimed as a forum that would (...)
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Vain and Void, neither G8 nor G20!
by
Damien Millet,
Sophie Perchellet,
Eric Toussaint
28 June 2010
As at previous meetings, the Toronto summit of the exclusive G20 club to which the world’s richest countries invited the heads of state of the major emerging countries once again raised great expectations only to conclude with an empty bubble. As in London in 2008, then Pittsburgh in 2009, the Toronto G20 discussions focused on a way out of the crisis. But a capitalist way out, favouring creditors and great powers. For the last two years global financial regulation has been an elusive sea (...)
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The G20 in Pittsburgh showed us how pitifully fearful our leaders have become.
by
Bill Quigley
28 September 2009
Out of fear of the possibility of a terrorist attack, authorities militarize our towns, scare our people away, stop daily life and quash our constitutional rights. For days, downtown Pittsburgh, home to the G20, was a turned into a militarized people-free ghost town. Sirens screamed day and night. Helicopters crisscrossed the skies. Gunboats sat in the rivers. The skies were defended by Air Force jets. Streets were barricaded by huge cement blocks and fencing. Bridges were closed (...)
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Small hopes for a shift leftwards in economy
by
Patrick Bond
9 July 2009
A COUPLE of Nobel prize-winning economists are giving major talks in Joburg this week. Many in civil society hope the visits by two of global capitalism’s best-known critics can pull local economic policy debates further leftwards: towards meeting social needs, not market dogmas and corporate profitability. Without wanting to prejudge, I just don’t think such expectations will be fulfilled. The ideas for which Muhammad Yunus and Joseph Stiglitz won the Nobel Peace Prize in 2006 and Economics (...)
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A G20 meeting for naught
by
Eric Toussaint,
Damien Millet
2 April 2009
The G20 summit meeting in London from April 1st onward was loudly announced and publicized. Those 20 industrialized and emergent countries (G20) are meeting to find solutions to the crisis. But long before the end of the summit, it is clear that they will not rise to the challenge. The G20 was not created in order to provide genuine solutions; it was hastily summoned a first time in November 2008 to salvage the powers that be and try and to plug the breaches in capitalism. It is therefore (...)