All the articles
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Another cop out?
10 November 2022 - by Michael Roberts
COP 27 started over the weekend. COP stands for the conference of the parties under the UNFCCC. Under the 1992 UN framework convention on climate change (UNFCCC), every country is treaty-bound to “avoid dangerous climate change” and find ways to (...) -
Young people voted en masse
United States: Radicals and Socialists win landslide midterm elections!
10 November 2022 - by Yorgos Mitralias
The headlines of the international press on the outcome of the US midterm elections are not wrong: Yes, the long-awaited Republican tsunami did not materialise. And the Democrats held up much better than they had hoped. The reason for all these (...) -
The doctrine of Odious Debt in the context of Africa today
9 November 2022 - by Eric Toussaint
In this slide show presented in Dakar on 26 October 2022 at the 2nd Conference on Economic and Monetary Sovereignty of Africa, Eric Toussaint begins by recalling the definition of odious debt according to the doctrine developed by Alexander (...) -
Greta Thunberg: The Climate Event
6 November 2022 - by Greta Thunberg
Greta Thunberg calls for an urgent strengthening of the fight for climate justice and says that only mobilisation can force governments to act. Her speech starts at 21 minutes 21 seconds and lasts 14 (...) -
Austerity budget accelerates both South Africa’s “Arab Spring” and climate crimes
1 November 2022 - by Patrick Bond
Can activists in South Africa link campaigns against debt and climate, consistent with a broader international push that heralds a “Loss & Damage” showdown with the Western establishment in Sharm El-Sheikh, Egypt at the United Nations climate (...) -
One year after the ’Pandora Papers’, we look back at Éric Toussaint’s testimony before the Ecuadorian National Assembly
Éric Toussaint (CADTM): “The president is outside the law. Guillermo Lasso directly or indirectly owns companies in tax havens”
1 November 2022 - by Eric Toussaint, Fátima Martín
“The President is outside the law. Guillermo Lasso owned and still directly or indirectly owns companies in tax havens”. So said Eric Toussaint, spokesperson for the CADTM, before the Committee on Constitutional Guarantees, Human Rights, (...) -
Brazil’s economic and political rollercoaster
31 October 2022 - by Michael Roberts
The latest polls put Workers Party leader Lula de Silva ahead in the two-horse race with incumbent right-wing President Jair Bolsonaro in today’s final round of the presidential election in Brazil. If Lula wins, it will be a dramatic comeback (...) -
What African Governments Must Fight for at COP27
25 October 2022 - by Africa Climate Justice Collective
We the African People: In solidarity, stand as women, men, youth, peasants, social movements, community- based and civil society organisations as a united front against the multi-dimensional crisis that is prevailing in our continent. Noting (...) -
Bank Privatization and the Never-finished Neoliberal Agenda
25 October 2022 - by C P Chandrasekhar
The long-standing debate on whether India’s public sector banks should be privatized has resurfaced in recent days. Two articles, besides numerous statements from advocates of ‘reform’, triggered this round of debate—one wittingly and the other, (...) -
Thorny questions for Western and South African “Just Energy Transition Partnership” negotiators (from whom we won’t get satisfactory answers)
21 October 2022 - by Patrick Bond, Desmond D’Sa
What kind of monetary carrot is needed to help high-polluting middle-income countries to rapidly decarbonise? Mainly because of a South African pilot project supposedly worth $8.5 billion, the worlds of high finance and climate justice are (...) -
The debt and climate crises : Why climate justice must include debt justice
21 October 2022 - by Tess Woolfenden, Dr Sindra Sharma Khushal
The CADTM supports the following text, which shows the link between debt and climate crises and contributes some relevant ideas on this issue. However, we do not believe that radical changes such as debt cancellations will come from major (...) -
In South Africa, resistance rises to the World Bank’s climate-killing mega-projects
16 October 2022 - by Patrick Bond
The World Bank and International Monetary Fund Annual Meetings have witnessed protests in Washington and many other sites. Nearly 100 protesters from community, environment and youth groups joined Extinction Rebellion and the DebtForClimate.org (...) -
Ten days after the announcement of indecent tax cuts, Liz Truss’ spectacular U-turn
Thatcher’s heritage, tax giveaways, poorly distributed and poorly funded benefits: austerity gaining ground in the UK
13 October 2022 - by Maxime Perriot
Appointed on 6 September 2022, Liz Truss, the new British Prime Minister, rests her legitimacy on the choice made by the 172,000 members of the Conservative party. [1] This ’electorate’, mostly older and rich, voted for a programme of tax cuts and (...) -
Activists Disrupt Meeting to Demand ’Loan Sharks’ IMF and World Bank Cancel All Debt
13 October 2022 - by Brett Wilkins
“We need localization and ecological sustainability for the people, planet, and peace,” said CodePink’s Nancy Mancias. “We are calling on the IMF and World Bank to end its debt trap monetary practices which are causing countries to sink further down (...) -
The World Bank, Geopolitics and Mal-Development
11 October 2022 - by Eric Toussaint, Renaud Duterme
Éric Toussaint is a tireless militant and spokesperson for the CADTM (Committee for the Abolition of Illegitimate Debt). His extensively documented indictment of the World Bank will be published by Pluto Press in 2023. He condemns an institution (...) -
Global Week of Action for Justice and Debt Cancellation
10 October 2022 - by Collective
We stand in solidarity with the millions of people in countless countries who have taken to the streets over recent months to demand an end to debt domination and the destructive policies of the International Monetary Fund (IMF), the World Bank (...) -
Burkina Faso, Second Military Coup 2022
5 October 2022 - by Amy Goodman, Aziz Fall, Corinne Dufka
For the second time, this year, a military coup has occured in Burkina Faso. A group of army officers, lead by Captain Ibrahim Traoré, siezed power friday, ousting Paul-Henri Sandaogo Damiba who had lead the country since a January coup. (...) -
The “Debt for Climate” campaign interviews Eric Toussaint about the responsibility of private companies and international organisations, such as the IMF and WB, in climate change
5 October 2022 - by Eric Toussaint, Debt for climate
It is important to emphasise that a whole series of large capitalist companies in the North, from the beginning of the industrial revolution, developed an intensive exploitation of raw materials, developed a mode of production that emitted a (...) -
Heavily indebted Humans Deserve Debt Relief (Just as Nations Do)
4 October 2022 - by Jami Hubbard Solli
From Argentina to Zambia, the global news is filled with stories of irresponsible, unsustainable lending to low-income governments which ultimately results in suffering for their own people. Suffering takes the form of austerity measures imposed (...) -
The UK government’s economic policies under...
1 October 2022 - by Michael Roberts
The UK government’s economic policies under new PM Liz Truss have caused a stir among, not only leftists, but also among mainstream economists. The new government says the solution to the stagnation and failure of British capitalist production (...)
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