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24 February 2016

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CADTM - Newsletter en English
cadtm.org
06 september 2016
cadtm.org
EDITO

CADTM is clearly identified with the global struggle for the cancellation of illegitimate debt. In a wide ranging interview Eric Toussaint (spokesperson for CADTM) tells of the evolution of CADTM and its engagement with contemporary debt issues; the genesis of the CADTM and its struggle against illegitimate debt;the first testing ground for the CADTM’s methods to counter illegitimate debt in Rwanda and the Democratic Republic of Congo; CADTM’s engagement in Argentina against illegitimate debt; the failed attempts to audit debt in South Africa, Brazil and Paraguay and the final success with the Ecuadorian debt audit in 2008.

In two further articles Eric Toussaint traces the international context of global outrage against the deteriorating living conditions under the neo-liberal order between the early 1990s and 2012, and the genesis of Latin American debt and Bolivar’s attempt to combat the debt trap In, “Simon Bolivar in the debt labyrinth”.

Overshadowed since the beginning of the crisis by more dramatic developments in banks elsewhere, Italian banks have long dragged issues of low profitability and near insolvency. The Italian authorities are currently desperately attempting to find a quick solution that allows them to simultaneously rescue the banks, protect small retail clients and fulfill EU regulations. Daniel Munevar & Chiara Filoni reveals Italy’s banking problems and the implications of “bail-in”.

Spain’s June 26 parliamentary election has failed to resolve the political stalemate created by the election of December 2015, with no single party able to muster a parliamentary majority or form a governing coalition. Political uncertainty is expected to continue in a context where the economy remains fragile, and is yet to fully recover from the impact of the financial crisis. Sergi Cutillas & Daniel Munevar proposes alternatives for Spain.

Any discussion on Latin America’s financial situation evokes the memories of the terrible debt crises of the 1980s. The situation might not be as dire as it was back then but it is clear that the region is headed towards turbulent financial times. Daniel Munevar analyses the external financial fragility in Latin America and its implications.

The memories of Genoa 2001 will continue to haunt us as long as neo-liberal oppression continues to ravage the world. Eric Toussaint was present in Genoa in those fateful days when the Italian Carabinieri ruthlessly attacked protestors and killed Carlo Giuliani, a young demonstrator. On the occasion of the 15th anniversary of the great demonstrations against the G8 and Berlusconi’s bloody repression. He recollects the violence of the Italian government and the heroic resistance by the demonstrators

Finally, don’t forget to watch the animated video “The Greek debt - a European tragedy”, the result of an intense collective effort by “Production du Pavé” and CADTM staff.

Debt in history
  • Simón Bolívar in the Debt Labyrinth
    Eric Toussaint
    From the start of the struggle for independence, Simón Bolívar, like other independentist (...)
  • The First Testing Grounds for the CADTM’s Methods to Counter Illegitimate Debt: the examples of Rwanda and the Democratic Republic of Congo
    Eric Toussaint, Benjamin Lemoine
    Interview with Eric Toussaint, spokesperson and co-founder of the international network of the (...)
  • From Dashed Hopes to Success in Ecuador: the examples of South Africa, Brazil, Paraguay and Ecuador
    Eric Toussaint, Benjamin Lemoine
    Interview with Eric Toussaint, spokesperson and co-founder of the international network of the (...)
  • Argentina: Further Action against Illegitimate Debt
    Eric Toussaint
    Interview with Eric Toussaint, spokesperson and co-founder of the international network of the (...)
  • Debt crisis
  • External financial fragility in Latin America and its implications
    Daniel Munevar
    To talk about external financial fragilities in Latin America is to evoke the memories of the (...)
  • Black flags and debt resistance in America’s oldest colony
    Max Haiven
    Sunday midnight in Santurce, the old downtown working-class neighborhood of Puerto Rico’s (...)
  • The Evolving Nature of Developing Country Debt and Solutions for Change
    Bodo Ellmers
    This Eurodad discussion paper analyses the evolving nature of developing country debt and (...)
  • Argentina: The Debt Tango
    Eric Toussaint
    We put out here a study about Argentina from Éric Toussaint, which is unpublished online yet. It (...)
  • Morocco
  • An open letter to the Most Honourable Abdelilah Benkirane, Prime Minister of the Kingdom of Morocco, in response to untruths about the Moroccan public debt
    Salaheddine Lemaizi
    From: Salaheddine Lemaizi, Militant at ATTAC Morocco To: The Most Honourable Abdelilah (...)
  • Greece
  • The Greek debt, a European Tragedy
    CADTM, Productions du Pavé
    The animated video “ The Greek debt. a European tragedy” here presented is the result of an (...)
  • Restructuring of Europe: Greece Was the Prologue
    George Souvlis, Elias Ioakimoglou
    Austerity experiments in Greece set the stage for a radical restructuring of Europe by elites. (...)
  • Criminalizing solidarity: Syriza’s war on the movements
    Theodoros Karyotis
    The eviction of three occupied refugee shelters in Thessaloniki marks another episode in the (...)
  • Banks
  • Italy’s banking problems: A useful guide to the implications of “bail-in”
    Daniel Munevar, Chiara Filoni
    Obscured since the beginning of the crisis by more dramatic developments by banks elsewhere in (...)
  • Social movements
  • The International Context of Global Outrage (in 5 parts)
    Eric Toussaint
    We publish in a single block a series of articles written by Eric Toussaint |1| late 2011 - (...)
  • Genoa: the fifteenth anniversary of the great demonstrations against the G8 and Berlusconi’s bloody repression
    Eric Toussaint
    From July 18 to 23 Genoa remembers the demonstrations against the G8 (Canada, France, Germany, (...)
  • Zoé Konstantopoulou unmasks the reality of debt in the Social Forum: “The people did not know the truth”
    Rototom
    Debts that suffocate citizens and governments prefer to rescue the banking or real estate (...)
  • Meeting: “ From the Genoa G8 to the “Laudato Si” : The Debt Jubilee?”
    Collective
    15 years after the Genoa G8 and in the year of the Mercy Jubilee we agreed to meet in order to (...)
  • WMW Declaration at the World Social Forum 2016, Montréal
    World March of Women
    The World Social Forum took place from the 9th to the 14th August in Montreal, Quebec, a (...)
  • Spain
  • In search of an alternative for Spain
    Sergi Cutillas, Daniel Munevar
    Spain’s June 26 parliamentary election has failed to resolve the political stalemate created by (...)
  • Ecological debt
  • Kerkennah: on the frontline of resistance to the fossil fuel industry in Tunisia
    Hamza Hamouchene
    The effects of climate change and neoliberalism converge in Kerkennah in the worst possible way (...)
  • Latest Books
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    The global assembly of the CADTM network that took place in Tunisia, received huge support from different sections for our activities and mobilisations. However, we are faced with huge political and financial challenges. The CADTM members are active around the world struggling against neo-liberalism and for ensuring fundamental human rights. We look forward to your donations to carry on this struggle.
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