Committee for the Abolition of Illegitimate Debt

From ATTAC Argentina, we denounce the “cyber-espionage” put in place by the Argentinian government against the social organizations which are members of the Confluence Fuera G20 G20 The Group of Twenty (G20 or G-20) is a group made up of nineteen countries and the European Union whose ministers, central-bank directors and heads of state meet regularly. It was created in 1999 after the series of financial crises in the 1990s. Its aim is to encourage international consultation on the principle of broadening dialogue in keeping with the growing economic importance of a certain number of countries. Its members are Argentina, Australia, Brazil, Canada, China, France, Germany, Italy, India, Indonesia, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, USA, UK and the European Union (represented by the presidents of the Council and of the European Central Bank). / IMF IMF
International Monetary Fund Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first mission was to support the new system of standard exchange rates.

When the Bretton Wood fixed rates system came to an end in 1971, the main function of the IMF became that of being both policeman and fireman for global capital: it acts as policeman when it enforces its Structural Adjustment Policies and as fireman when it steps in to help out governments in risk of defaulting on debt repayments.

As for the World Bank, a weighted voting system operates: depending on the amount paid as contribution by each member state. 85% of the votes is required to modify the IMF Charter (which means that the USA with 17,68% % of the votes has a de facto veto on any change).

The institution is dominated by five countries: the United States (16,74%), Japan (6,23%), Germany (5,81%), France (4,29%) and the UK (4,29%).
The other 183 member countries are divided into groups led by one country. The most important one (6,57% of the votes) is led by Belgium. The least important group of countries (1,55% of the votes) is led by Gabon and brings together African countries.

http://imf.org (G20 and IMF – Out), as reported in several newspapers.

We repudiate this action by the government, the Ministry of Security and the AFI Federal Intelligence Agency (formerly known as SIDE). The right to express our opinion and to demonstrate is an exercise of freedom protected by the National Constitution. This is why all practices of spying on the population are ILLEGAL.

Our goal during the Global Week of Action against the G20 and the IMF is to denounce this forum that does not represent us, as well as to debate and find alternatives to the deep crisis in which we are immersed, not only in Argentina but also on a global scale. The economic, financial, food, energy and climate crisis, or in other words the civilizational crisis will not be mitigated by the policies prescribed by the G20 or the major international financial institutions such as the IMF. These world leaders feel the need to be protected by 25,000 police officers, to travel by plane and to use sophisticated security devices, with all the expenses it involves, but they are not able to debate with the majority of peoples about the ways out of the recurrent crises of capitalism. Why be so far away from the peoples they are supposed to represent and seek to help, with such a deployment of repressive forces and persecution of organizations that think differently?

From ATTAC - Argentina, as well as the member organizations of Confluencia Fuera G20 / IMF, we do not accept this attempt to “demonize” and “persecute” us. We have nothing to hide, on the contrary: our backpacks are full of ideas, proposals and dreams for another world.