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Structural violence and the struggle for state power in Rwanda
8 April 2019 - by Andy Storey
The 1994 Rwandan genocide occurred despite the existence of a peace and power sharing agreement (the Arusha Accords) to which all parties to the conflict had ostensibly subscribed. This paper addresses the failings of the Arusha peace and power sharing process and makes three core arguments. (...) -
India and the Colonial Debt
4 April 2019 - by Sushovan Dhar
The English East India Company, as is well known, obtained, besides the political rule in India, the exclusive monopoly of the tea-trade, as well as of the Chinese trade in general, and of the transport of goods to and from Europe. But the coasting trade of India and between the islands, as (...) -
The US Supreme Court Judgment: A Challenge to World Bank’s unfettered immunity
31 March 2019 - by Sushovan Dhar
The verdict is finally out. On 27 February, in a historic 7-1 decision, the Supreme Court of the United States ruled that international organizations like the World Bank Group are not above immunity and can be sued in US courts. This was in response to a case (Budha Ismail Jam, et al., (...) -
Mozambique needs urgent action on debt crisis following Cyclone Idai
22 March 2019 - by Jubilee Debt Campaign
Cyclone Idai has caused huge destruction and loss of life in Mozambique, Malawi and Zimbabwe. The true extent of the disaster is not yet known. Below are reactions from partner organisations of Jubilee Debt Campaign in Mozambique, followed by reaction from Jubilee Debt Campaign: Anabela Lemos (...) -
What are the ways to get Zimbabwe out of the current situation?
11 March 2019 - by Japhet Moyo
Since independence, Zimbabwe’s economic prospects have become more and more like a washed out fabric: every wash, it loses a little more luster and, with the passage of time, threatens to be reduced to rags. After inheriting a healthy economy at its independence in 1980 - though profoundly (...) -
Mozambique files case against Credit Suisse in the UK
1 March 2019 - by Jubilee Debt Campaign
Jubilee Debt Campaign has learnt that the government of Mozambique, represented by the Attorney General, has filed a case in the UK High Court against Credit Suisse International. Commenting on the case, Tim Jones, policy officer at Jubilee Debt Campaign said: “Credit Suisse must be held to (...) -
Budgeting for black-out in South Africa
27 February 2019 - by Patrick Bond
Upon taking power in a palace coup a year ago, Cyril Ramaphosa’s African National Congress (ANC) government was supposedly going to sweep out the prolific corruption associated with the 2009-18 Jacob Zuma ANC regime. But although excruciatingly-slow progress is being made in evicting the most (...) -
Nicaragua: Open letter to Daniel Ortega to demand the end of repression and freedom for political prisoners
16 February 2019 - by Collectif de militants/tes de la solidarité en Belgique avec le peuple du Nicaragua
Mr. President, We are activists, former volunteers and leaders of associations and non-governmental organizations, all from different political and philosophical backgrounds. The earthquake of December the 23rd 1972 was for many of us the beginning of a commitment to the Sandinista Front for (...) -
Brumadinho – International Articulation of People Affected by Vale statement
30 January 2019 - by International Articulation of People Affected by Vale
We have received the news of another tragedy instigated by Vale mining company with profound indignation. This afternoon (January 25, 2019) two tailings dams located in the Corrego de Feijao community, in Brumadinho, metropolitan region of Belo Horizonte [state capital of Minas Gerais)have (...) -
Emmanuel Macron, Pedro Sanchez, Angela Merkel and Theresa May Have No Right to Issue an Ultimatum to Venezuela
28 January 2019 - by Eric Toussaint, Joaldo Dominguez
On Saturday 26 January 2019, Emmanuel Macron, Pedro Sánchez, and Angela Merkel, followed by Theresa May, gave the government of Venezuela eight days within which to call elections. If the government of Venezuela does not comply with this order by then, Macron, Sánchez, Merkel and May have (...) -
What we have learned from the US indictment on odious loans to Mozambique
23 January 2019 - by Tim Jones
Yesterday (3 jan 2019) three former employees of Credit Suisse were arrested in London over $2 billion of odious loans to three state owned companies in Mozambique, given in 2013. The loans were given to companies with no revenue, and were not agreed by the Mozambique parliament, making them (...) -
Éric Toussaint talks about Nicaragua with Bill Fletcher on US radio
19 January 2019 - by Eric Toussaint, Bill Fletcher
On January, Friday the 18th, Éric Toussaint was interviewed by Bill Fletcher for WPFW FM, a progressive Washington based radio station, about the current situation in Nicaragua. You can listen to the interview below. Éric Toussaint made frequent visits to Nicaragua and the rest of Central (...) -
Final statement of the first assembly of the North African Network for Food Sovereignty
7 January 2019 - by North African Network for Food Sovereignty
The first assembly of the North African Network for Food Sovereignty took place on 7-9 December 2018 in Agadir, Morocco. It gathered delegations from Egyptian, Tunisian, Algerian and Moroccan trade unions, cooperatives and associations that are active in the fields of food sovereignty, the (...) -
Globalization from Christopher Columbus and Vasco da Gama until today
6 January 2019 - by Eric Toussaint
The beginning of Globalization goes back to the outcomes of the first voyage of Christopher Columbus that brought him, on October 1492, to the shore of an island in the Caribbean Sea. It was the starting point of a brutal and bloody intervention of European sea powers in the history of American (...) -
Nicaragua: The other revolution betrayed
5 January 2019 - by Eric Toussaint, Nathan Legrand
The violent repression against demonstrators protesting brutal neoliberal policies, which resulted in more than 300 people being killed by regime forces since April 2018, is just one of the reasons why different leftist social movements have condemned the Nicaraguan regime led by President (...) -
How Britain stole $45 trillion from India
31 December 2018 - by Jason Hickel
There is a story that is commonly told in Britain that the colonisation of India - as horrible as it may have been - was not of any major economic benefit to Britain itself. If anything, the administration of India was a cost to Britain. So the fact that the empire was sustained for so long - (...) -
G20 Summit in Buenos Aires: A non-event amidst citizen protests
22 December 2018 - by Bodo Ellmers, Maria José Romero, Tove Maria Ryding
When the global financial crisis broke, the world looked to the G20 to find solutions. But as G20 leaders recently gathered in Buenos Aires 10 years on for their 2018 Summit, it was all too clear that ‘too big to fail banks’ have grown even bigger while we’re stuck with a vastly expanded shadow (...) -
An Overview of Chinese Debt
20 December 2018 - by Alice Jetin Duceux
Are Chinese corporations overleveraged? Since the central government injected massive sums of money in the economy as part of a stimulus plan to fight the Great Recession, debt levels in the Chinese economy have skyrocketed. See the second part of this report: A Little History of Chinese (...) -
Nicaragua: New attacks against democratic freedoms
19 December 2018 - by Collective
The 12th December, in continuation of the policy of suppression of any criticism against the Ortega-Murillo government, a majority of members of the National Assembly of Nicaragua voted the withdrawal of the legal personality of the CENIDH (Nicaraguan Centre of Human Rights). This extreme (...) -
South Africa searches for a financial parachute, now that a $170 billion foreign debt cliff looms
18 December 2018 - by Patrick Bond
Johannesburg – This week’s hush-hush visit by International Monetary Fund Managing Director Christine Lagarde to Pretoria (between stops in Ghana and Angola) is mysterious. In contrast to last week’s IMF press briefing claim – “Madame Lagarde will hold meetings with the authorities, as well as (...) -
Big Shift Global coalition reacts to the World Bank Group’s post-2020 climate goals announcement
5 December 2018 - by Big Shift Global coalition
On Monday, the World Bank Group released a new set of climate targets for 2021-2025, through which it aims to provide and mobilize $200 billion in support of countries’ climate action over this period. According to the Bank’s press release, it will provide $133 billion in direct finance, and (...) -
Is Pakistan on the way to living without the IMF?
1 December 2018 - by Abdul Khaliq
Pakistan is perhaps the only country in South Asia with a history of repeated engagements with the IMF – 21 loan agreements since 1959. The last one was concluded in September 2016. Despite that, Pakistan’s economic woes have not been resolved. Its economy is still in bad shape, with soaring (...) -
Argentina: More lending guarantees creeping austerity
16 November 2018 - by Gino Brunswijck
Against a backdrop of public protests, on 25 October the Argentinian government approved the 2019 budget including US$10 billion worth of cuts in essential areas such as education and public works. The next day, the Executive Board of the International Monetary Fund (IMF) completed the first (...) -
Forced marriage between Argentina and the IMF turns into a fiasco
9 November 2018 - by Jérôme Duval
While the discontent of the Argentine people grows day by day, President Mauricio Macri flees to the United States. In New York, he continues negotiations with the IMF to revise the already outdated agreement signed in June, intervenes in the UN Assembly, and is given an award for his (...) -
‘Outrageous’ Mozambique debt deal could make 270% profit for speculators
8 November 2018 - by Tim Jones
People of Mozambique to pay $1.7 billion to $2.2 billion on original loan of $760 million, which was not agreed by Mozambique parliament, and which has been of no benefit The government of Mozambique has announced it has reached an agreement on a new debt payment plan to holders of some of (...)
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COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
35 rue Fabry
4000 - Liège- Belgique
00324 226 62 85
info@cadtm.org
