South
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Sri Lanka: Reading the General Election 2024
22 November 2024 - by Amali Wedagedara, Pasan Jayasinghe
The National People’s Power (NPP) has made history. With its unprecedented, record-breaking electoral victory at the general election of 2024, the NPP has succeeded in engineering popular dissent towards comprehensive regime change. Its (...) -
CADTM International Council | Day 2 | A global overview of political, social and economic situations
30 October 2024 - by CADTM International, Sushovan Dhar, Omar Aziki, Broulaye Bagayoko, Maxime Perriot, Veronica Carrillo Ortega
Tuesday, October 8, 2024, marked the second day of the CADTM network’s international council. On the agenda: the political, economic and social situation, and the state of struggles in sub-Saharan Africa, the Middle East and North Africa, South (...) -
The BRICS summit in Russia offers no alternative
26 October 2024 - by Eric Toussaint
On 23 October 2023, the 16th BRICS summit issued a 134-point Kazan Declaration clearly stating that the BRICS bloc is not an alternative in the interests of the people. There is such widespread disgust with the policies of these traditional (...) -
Sri Lanka’s debt default
21 September 2024 - by Michael Roberts
Today, 21 September, Sri Lanka will hold its first presidential election since the July 2022 popular uprising known officially declared the worst economic crisis in the country in 73 years. Most foreign debt repayments were suspended after two (...) -
The Algerian people reiterate their rejection of military rule
20 September 2024 - by Gilbert Achcar
Despite the confusion that accompanied the announcement of the recent presidential elections’ results in Algeria, one thing is clear and certain: the Algerian people overwhelmingly reject military rule... Despite the confusion that accompanied (...) -
The popular uprising in Ecuador on 22nd June 2022 and similarities with other rebellions in Europe and Latin America
18 September 2024 - by Eric Toussaint
Below is the epilogue written by Éric Toussaint at the request of the authors for the book entitled Sinchi, published in Spanish in 2024 by Leonidas Iza, Andres Tapia and Andres Madrid. The book published in Spanish was translated into English (...) -
BANGLADESH
Bangladesh students script a victory undaunted by repression
14 September 2024 - by Sushovan Dhar
Sheikh Hasina Wajed, the prime minister of Bangladesh for the last 15 years had to resign and run away from the country after being driven out by student protesters. An anti-quota students’ movement developed into a broader rebellion against the (...) -
In solidarity with the people of the southeast of Moroccoand all those affected by the floods after September 8, 2024
12 September 2024 - by ATTAC/CADTM Morocco
Press Release On September 8, 2024 in regions of Ouarzazate, Zagora, Tinghir, Tata and Errachidia, heavy rainfall has left the several material and human losses. Due to massive flood many houses collapsed and many people lost their lives (18 (...) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
Ecuador: From Rafael Correa to Guillermo Lasso via Lenin Moreno
4 September 2024 - by Eric Toussaint
The World Bank and the IMF are 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by (...) -
The worst ever global debt crisis
17 August 2024 - by Collective, Development finance international
This policy briefing, based on the new Debt Service Watch database, shows that the citizens of the Global South now face the worst debt crisis since global records began. Debt service is absorbing an average 38% of budget revenue and 30% of (...) -
Bangladesh: the ‘Global South’ debt crisis intensifies
15 August 2024 - by Michael Roberts
The overthrow of the Sheikh Hasina’s dictatorial government in Bangladesh by students and the populace last week is a startling outcome of the economic nightmare. The country’s average GDP growth over the past decade, according to government (...) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
Ecuador’s poisoned loans from the World Bank and the IMF
14 August 2024 - by Eric Toussaint
The World Bank and the IMF are 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by (...) -
Bangladesh : Who is Muhammad Yunus, the new prime minister ?
11 August 2024 - by CADTM, Denise Comanne
The CADTM welcomes the departure of Prime Minister Sheikh Hasina as a victory for the courageous student movement, which has been in July-August 2024 the victim of a terrible repression that left over 400 people dead. Nevertheless, given the (...) -
Solidarity with Kenyan people!
24 July 2024 - by CADTM International, Collective
The CADTM and Kenyan Allies Declaration We, the CADTM and Kenyan allies: Alarmed by the capture of the Kenyan government by the International Monetary Fund (IMF) that has worsened the Kenyan debt crisis. Affirm our solidarity with the Kenyan (...) -
CADTM statement on repression in Bangladesh
21 July 2024 - by CADTM International
The CADTM denounces the brutality and violent crackdown against student demonstrators protesting against the government job quotas imposed by the government of Bangladesh. More than 150 deaths have been reported, while thousands of demonstrators (...) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The World Bank and IMF have set their sights on East Timor, a state officially born in May 2002
19 June 2024 - by Eric Toussaint
In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and (...) -
When the new South Africa of the betrayed expectations, also betrays its hero Dimitri Tsafendas!
7 June 2024 - by Yorgos Mitralias
“You are guilty not only when you commit a crime, but also when you do nothing to prevent it when you have the chance”. (Dimitri Tsafendas) Why do we have recourse to the story of the Greek-Mozambican ’tyrannicide’ Dimitri Tsafendas, in an attempt (...) -
The aborted experiment of the Bank of the South in Latin America and the alternative policies that could have been adopted at the continental level
15 May 2024 - by Eric Toussaint
In 2007–2008, I helped to prepare the creation of the “Bank of the South” after being requested to assist in framing Ecuador’s position on the issue by Argentine and Ecuadorian economists, as well as Ricardo Patiño, Minister of Economy and Finance in (...) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The South Korean miracle is exposed
10 April 2024 - by Eric Toussaint
In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and (...) -
Chile : “The working classes have dropped out”
30 March 2024 - by Franck Gaudichaud, Luis Reygada
As head of state since March 2022, elected with the hope of reorienting his country on the path of progressivism, Chile’s young president Gabriel Boric (38) seems rather to have refocused his politics, unable to compete with the conservative bloc (...) -
View from India: a retrospective of Emmanuel Macron’s visit to Narenda Modi in late January 2024
23 March 2024 - by Pierre Rousset, Sushovan Dhar
Emmanuel Macron visited India on 25 and 26 January. The interview below was prepared for this occasion. However, for reasons largely beyond our control, its finalisation was postponed until now. Better late than never? Sushovan Dhar is an (...) -
Series: 1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The World Bank and the Philippines
13 March 2024 - by Eric Toussaint
In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and (...) -
CADTM South Asia annual meeting
In Bangladesh, globalization results in hardship for women workers
6 March 2024 - by Maxime Perriot, Monower Mostafa
During the CADTM South Asia annual meeting in Kathmandu (Nepal) on 13 and 14 February 2024, Monower Mostafa commented on Bangladesh’s political, social and economic situation. Globalization has terrible consequences for workers Bangladesh (...) -
In 9 Charts: India’s Growing Debt Problem Has ‘Crisis-Like Symptoms’
4 March 2024 - by Deepanshu Mohan
The IMF recently concluded its Article IV consultation with India and published its executive board’s report. The team notes: “India’s economy showed robust growth over the past year. Headline inflation has, on average, moderated although it (...) -
[Part 4] Questions and answers on China : Could China lend differently?
26 February 2024 - by Eric Toussaint
China has been demonized by several commentators: it is said to be the main creditor of many countries of the South and to take advantage of them through ruthless exploitation, whereas the World Bank, the IMF, and the Paris Club, which comprise (...)
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