2 September 2017

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CADTM - Newsletter en English

The seventh CADTM South Asia regional workshop was successfully held in Colombo, Sri Lanka from April 6-8, 2018, with participants from Sri Lanka, India, Pakistan, Bangladesh, Nepal, as well as from Japan, France and Belgium. Around 40 delegates, representing social movements (peasants’ movements, feminism, trade unionism, etc.), came together for this three-day long programme. It ended successfully with a call to struggle against the illegitimate debt system, free trade agreements that humiliate and exploit the people, plunder and destroy the environment, push whole populations onto penury and destitution. The meeting also resolved to fight against micro-credit and all other forms of illegitimate private debt that has adverse impact on common people. We are also glad to offer the key presentations made at this workshop.

There has been a surge of irrecoverable banking loans around the world. Like other parts of Europe and North America it is plaguing the Indian private sector banks. Sushovan Dhar explains how crony capitalism looms large over the Indian banking horizon. There is no short cut to come out of this imbroglio other than socialising the banks. We present some historical examples of the socialisation of the banks.

Eric Toussaint argues that the reckless activities of governments and regulators will result in a new financial crisis, sooner or later. Chiara Filoni explains how women bears the burdens of the debt crisis and structural adjustment policies.

Also in this issue : articles on OBOR and BRICS strategies, the Greek left, Yanis Varoufakis’ memoir, Nigeria-Morocco gas pipeline, WSF, Uganda Mozambique Cameroon and others.

  • Colombo Declaration on Illegitimate Debts 7th CADTM South Asia Workshop
  • ‘Sooner or later, there will be a new financial crisis’
    Eric Toussaint, Meera Srinivasan
  • Crony capitalism looms large on the Indian banking horizon
    Sushovan Dhar
  • Is Pakistan falling into China’s debt trap?
    Abdul Khaliq
  • Sri Lanka: IFI’s, External debt and Microcredit
    B. Skanthakumar
  • South Asia: New creditors and new forms of debt peonage
    Nathan Legrand
  • We struggle against illegitimate public and private debt which are at the core of the capitalist system
    Eric Toussaint
  • As Japan’s workers are facing increasing economic difficulties, Student Debt is still a major concern in the country
    Tsutomu Teramoto
  • Migrations
  • Official development assistance at the antipodes of solidarity
    Jérôme Duval
  • Greece
  • The first capitulation of Tsipras and Varoufakis at the end of February 2015
    Eric Toussaint
  • Debt crisis
  • How mainstream media deal about public debt issues
    Eric Toussaint
  • Alternatives
  • Understanding the crisis is too important to be left to specialists alone. This is why “Bankocracy” is so important
    Avishek Konar
  • Africa
  • Cameroon: He testified against Bolloré: “Of course I’m worried”
    Véronique Groussard, Emmanuel Elong
  • Senegalese economist Ndongo Samba Sylla: “the Continental Free Trade Area is a mistake” (Interview)
    Ndongo Samba Sylla, Maghreb Emergent
  • The Central Bank of Uganda Comes Clean About Looming Debt Distress
    Mary Serumaga
  • Mozambique forced to restructure after debt default
    Abayomi Azikiwe
  • Latest Books
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