All the articles
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Cop 28 Coalition : Declaration and call to action
27 November 2023 - by Collective, COP 28 Coalition
People and communities all over the world are experiencing the horrific conditions of multiple crises on top of long-standing injustices, inequalities and oppression. The climate crisis is causing extreme weather events and disrupting (...) -
Microfinance and Credit Regulatory Authority – A fatal flaw
24 November 2023 - by Amali Wedagedara
Microfinance and Credit Regulatory Authority mooted first in 2012 as the Microfinance Regulatory and Supervisory Authority (MRSA) has seen daylight. But could it be the solution it is purported to be, i.e., regulate money lending and (...) -
When Netanyahu accustoms us to an inhuman world without rights or rules, where the law of the jungle reigns!
21 November 2023 - by Yorgos Mitralias
While the operation to exterminate and ethnically cleanse the Palestinians in Gaza has - quite rightly - monopolized the world’s attention for weeks, little or no attention is being paid to one of its crucial objectives, which is passing rather (...) -
New wave of IMF-Imposed Privatisation in Pakistan
18 November 2023 - by Abdul Khaliq
With Islamabad already meeting the demand for raising power and gas prices, the privatisation of state-owned enterprises (SOEs) remained a top agenda item during the latest review of the $3 billion IMF standby arrangement. Towards the conclusion (...) -
The Debt Trap and the interlinked Crises
12 November 2023 - by Eric Toussaint, Lidy B. Nacpil, Ahilan Kadirgamar, Kris Vanslambrouck, Anuradha Chenoy
We continue to witness country after country in the Global South falling victim to the ‘debt trap’ and inability to repay foreign loans. People in these countries bear the multiple burdens of indirect taxation as governments failing to repay debts (...) -
Samir Amin’s diagnosis of worst-case racial capitalism
11 November 2023 - by Patrick Bond
Abstract: Samir Amin’s critiques of both apartheid-era and post-apartheid political economy contributed to his scathing view of the crucial ‘semi-peripheral’ layer of the world system, a perspective typically ignored in binary formulations of (...) -
International Implications of Sri Lanka’s IMF Solution
8 November 2023 - by Ahilan Kadirgamar
Last year, Sri Lanka exploded into international attention with severe shortages of fuel and food, and tremendous protests. While the uprising chased away the President, the Rajapaksa-led illegitimate parliament elected Ranil Wickremesinghe as (...) -
Sri Lanka’s debt trap and the vultures
7 November 2023 - by Michael Roberts
Last week a US district court granted Sri Lanka’s request for a six-month pause on a creditor lawsuit against the country. Hamilton Reserve Bank holds a big chunk of one of Sri Lanka’s now-defaulted bonds and had been suing it for immediate (...) -
Marrakech counter-summit demands: debt, microcredit, climate justice, food sovereignty, social movements, migration...
4 November 2023 - by CADTM International, Collective
As one of the outcomes of the IMF-World Bank counter-summit held in Marrakesh, the workshops held from 13 to 14 October 2023 produced a number of proposals, which were complemented by a plenary session on 15 October 2023. INTERNATIONAL (...) -
We stand with the People of Palestine! We stand for Justice, Human Rights and Freedom!
3 November 2023 - by CADTM Belgique, Collective
As movements fighting against systems of injustice that view black, brown and indigenous peoples as disposable, to be sacrificed by racist and colonial systems of exploitation and domination, we see the struggle of the Palestinian people against (...) -
Debt distress
2 November 2023 - by Michael Roberts
Last week, Zambia reached a deal for relief on nearly $4bn owed to private bondholders, raising hopes that a protracted debt restructuring by Africa’s second-largest copper producer was nearing its end. It had taken three years to get a (...) -
India, its domestic and geopolitical challenges - an overview
1 November 2023 - by Pierre Rousset, Sushovan Dhar
India hosted the G20 summit on September 9 and 10, an event that dominated international headlines. General elections are due to be held next year. This is an opportunity to take a look at the domestic situation and Narenda Modi’s policies in (...) -
When Einstein called “fascists” those who rule Israel for the last 44 years…
31 October 2023 - by Yorgos Mitralias
We republish the following text because it is now even more timely and even more useful than when it was first published in August 2021. Why? Because Netanyahu and his government are doing everything they can to fully confirm what Einstein had (...) -
Nakba : not in my name !
31 October 2023 - by Pierre Galand
An intolerable violation of human rights, allowed by Europeans? I am ashamed and outraged by Western hypocrisy, which is once again trying to impose on the rest of the world a distorted interpretation of the reality of a war in the Middle (...) -
The Palestinian people have a right to their lives, land and sovereignty
30 October 2023 - by GRAIN
The CADTM shares GRAIN’s point of view and in-depth analysis, in solidarity with the Palestinian people. Israel’s retaliation for the 7 October 2023 attack by Hamas has rapidly evolved into another phase of what can only be considered a (...) -
US economy expanding?
28 October 2023 - by Michael Roberts
The first estimate of third quarter real GDP growth in the US was released yesterday. It showed the US economy expanded by an annualised rate of 4.9%. The Financial Times called this a “blistering pace that, not for the first time, defied (...) -
Argentina election: from peso to dollar?
25 October 2023 - by Michael Roberts
Argentines will vote in general elections today with both the mainstream parties weakened by the legacy of multiple economic crises and challenged by a libertarian outsider, Javier Milei. The deeply unpopular current president Alberto (...) -
Bailing Out the Creditors
22 October 2023 - by Balasingham Skanthakumar
Sri Lanka entered its seventeenth loan arrangement with the International Monetary Fund (IMF) on 20 March 2023. Through a medium-term lending window known as the Extended Fund Facility (EFF), the IMF will disburse almost 3 billion US dollars to (...) -
Under the yoke of the IMF
20 October 2023 - by Eric Toussaint, Benito Pérez
Regarding the new debt crisis and the results of the Counter-summit in Marrakesh, in face of the World Bank and the IMF, the CADTM is happy to reproduce an article from Le Courrier, a Swiss daily based in Geneva, in the issue published on (...) -
Marrakesh Statement : 79 years of neocolonial exploitation and destruction by the WB and the IMF, this is enough!
17 October 2023 - by CADTM International, Collective
We, social and climate movements, trade unions, women’s, small farmers’ and indigenous peoples’ organizations, non-governmental organizations and citizens of the world, participating in the counter-summit of social movements against the annual (...)
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