International Institutions
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The ECB’s ‘quantitative easing’ funds multinationals and climate change
20 December 2016 - by Corporate Europe Observatory
Corporate Europe Observatory has decoded the list of beneficiaries of the European Central Bank’s corporate bond purchasing scheme. The results are disturbing, unless you think oil, fancy cars, motorways, champagne, and gambling are good places (...) -
UNCTAD organizes a side-event of the Second Committee on Sovereign debt restructurings
27 October 2016 - by Renaud Vivien, UNCTAD
Renaud Vivien (CADTM) intervened at the special event of the second committee of the general assembly, prepared by the secretariat of the United Nations Conference on Trade and Development (UNCTAD) on sovereign debt restructurings, on wednesday, (...) -
2016 IMF and World Bank Annual Meetings: The Bretton Woods Institutions stuck in policy dilemmas
24 October 2016 - by Bodo Ellmers, Tiago Stichelmans, Mathieu Vervynckt
This year’s Annual Meetings of the IMF and World Bank took place against the backdrop of continued sluggish growth in developed and developing countries alike. The impact of the commodity price crash weighs heavily on many developing countries (...) -
New discussion paper shows how IFIs and donors continue to influence economic policies in developing countries
12 October 2016 - by Tiago Stichelmans
Eleven years ago, the international community adopted the Paris Declaration on Aid Effectiveness that led to the adoption of several principles to improve the effectiveness of international aid. Reflecting on the widely criticised fact that (...) -
Doing without advice from Deloitte?
27 September 2016 - by Jérôme Duval
Nicknamed the “Big Four” Deloitte Touche Tohmatsu, Ernst & Young (EY), KPMG and Price Water House Coopers (PwC) are the big four audit firms that operate in concert as an inescapable cartel in the world of multinationals and global finance. At (...) -
UNCTAD14: A mirage of distorting mirrors
12 September 2016 - by Yash Tandon
People not versed in the complexities of the diplomatic world of distorted mirror images in Geneva or Accra or Nairobi may wonder in awe at the agreements negotiated in their name by their representatives in multilateral forums like UNCTAD. But, (...) -
Tackling vulture funds: New UNHRC report demands a human rights approach
8 September 2016 - by Tiago Stichelmans
At its upcoming session on 20 September, the UN Human Rights Council will discuss a new report, coordinated by Jean Zielger, on the harmful activities of vulture funds and their impact on human rights. This report shows how vulture funds (...) -
The IMF and Gender Equality: A Critical Analysis
6 July 2016 - by Bretton Woods Project
In September 2015, the United Nations General Assembly adopted the Sustainable Development Goals (SDGs). In reaction, the IMF presented itself as uniquely positioned to support countries as they pursue the SDGs and committed to deepening its (...) -
END OF MISSION STATEMENT
United Nations Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights
6 June 2016 - by Juan Pablo Bohoslavsky
Today I end my official visit to institutions of the European Union which began on 30 May 2016 and I would like to thank the European Commission and other European institutions for their full cooperation during the visit. I have benefitted (...) -
Greece: the European Central Bank answers the CADTM’s questions... or not
31 May 2016 - by Anouk Renaud
In order to clarify the role of the European Central Bank (“ECB”) in the Greek financial system, four Members of the European Parliament from the European United Left–Nordic Green Left (GUE/NGL) challenged the financial institution, with the (...) -
New EU investment proposal won’t prevent corporate attacks
19 April 2016 - by Friends of the Earth Europe
Dangerous attacks against regulations protecting the public interest and the environment would not be prevented by the European Commission’s new investment protection proposals for future trade agreements, according to a new report. Developed (...) -
The Ouarzazate solar plant in Morocco: Triumphal ’Green’ capitalism and the privatization of nature
25 March 2016 - by Hamza Hamouchene
Despite the allure of the solar mega-project, the environmental/climate justice movement must question the Morocco’s propaganda and the emergent dominant global discourse around environmental governance to which it is linked. The urgent questions (...) -
Woe unto you European Pharisees hypocrites!
18 March 2016 - by Moisis Litsis
According to an EU agreement on relocation of asylum seekers in 28 countries members, which is not even respected, Europe cannot afford to host 160,000 refugees but bears ... more than 4 million homeless! Thanks to social networks, came to (...) -
Summary of the 1 March 2016 session at the European Parliament “Restructuring of debt – reconstruction of democracy”
Video: Eric Toussaint: “The Greek public debt crisis is a web of lies”
17 March 2016 - by Eric Toussaint
Several members of the Greek Debt Truth Committee (GDTC) attended the session on 1st March 2016 at the European Parliament in Brussels on the topic “Restructuring of debt – reconstruction of democracy”. The session was organized by Nikolaos (...) -
UN expert on Greece: “The excessive austerity in the public health care sector literally killed the nurse and doctor before turning to the patient”
16 March 2016 - by Eric Toussaint
The CADTM recommends that our readers should apprise themselves of Juan Pablo Bohoslavsky’s report on his Mission to Greece, which can be accessed via the link (A/HRC/31/60/Add.2). Report of the Independent Expert, Juan Pablo Bohoslavsky, on the (...) -
Corporate vision of the future of food promoted at the UN
19 February 2016 - by La Via Campesina, GRAIN, ETC
Corporate vision of the future of food promoted at the UN: More than 100 civil society organizations raise alarm about FAO biotechnology meeting (Rome, Monday 15 February, 2016) Just when the biotech companies that make transgenic seeds are (...) -
Who does the World Economic Forum really represent?
22 January 2016 - by TNI
TNI takes a close look at the World Economic Forum’s Board to see who they represent, their economic interests and political beliefs. Might this be the future of global governance? According to the World Economic Forum, 2500 people including 40 (...) -
Greece falls prey to ECB diktats and blackmail
21 January 2016 - by Eric Toussaint
There follows the summary of a talk given at the European Parliament in Brussels by Eric Toussaint on 14 January 2016 on the occasion of the international meeting organized by the left-wing European Parliamentary Group GUE/NGL (European United (...) -
Hedge funds vs Greece: lobbyists want “cheap ticket” to speculation
18 December 2015 - by Corporate Europe Observatory
This summer Greece’s financial authorities fined 20 hedge funds for speculating against the Greek economy. Now, the main global lobby group for hedge funds is trying to tweak the EU’s rules so they can have a free play in the future. Global (...) -
This is not a coup
18 December 2015 - by Infowar Productions
Infowar Productions, creator of the documentaries Debtocracy (2011), Catastroïka (2012) and Fascism Inc. (2014) is preparing its fourth project on the role of the EU, and particularly ECB, in undermining democracy in Europe. The new documentary (...) -
Influence of IMF and other IFIs in Central and Eastern Europe
17 November 2015 - by Eurodad
The role of International Financial Institutions (IFIs) – particularly the International Monetary Fund (IMF) – in Central and Eastern Europe (CEE) has not been the central focus of many analyses in the past. To address this gap, four case studies (...) -
The revolving doors spin again
10 November 2015 - by Corporate Europe Observatory, LobbyControl
One in three (9 out of 26) outgoing commissioners who left office in 2014 have gone through the ’revolving door’ into roles in corporations or other organisations with links to big business, leading to fears of an unhealthily close relationship (...) -
Greek Community Clinic of Elliniko rejects the European Citizen’s prize awarded by the European Parliament
20 October 2015 - by Fátima Martín
The self-managed Metropolitan Community clinic of Elliniko rejected the European Citizen’s Prize 2015 awarded by the European Parliament. The same Parliament whose president, the German Social Democrat Martin Schulz, threatened the Greeks with (...) -
The IMF and World Bank Annual Meetings 2015: The State of Play
5 October 2015 - by María José Romero, Bodo Ellmers
Next week’s annual gathering of the World Bank and IMF is going to be different for two reasons. Firstly, Finance Ministers from around the world will leave Washington DC and visit Lima, Peru – the first time the Meetings have been staged in a (...) -
“The World Bank is a Human Rights-Free Zone” – UN expert on extreme poverty expresses deep concern
The United Nations Special Rapporteur on extreme poverty and human rights, Philip Alston, has called on the World Bank and its member States to adopt a new and consistent approach to human rights. “For most purposes, the World Bank is (...)
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