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Odious debt roundtable report

4 August 2008 - by Eurodad

The World Bank and Eurodad have published the outcome report of the recent round-table on odious debt and responsible lending. The round-table represented the first open dialogue on the issue of illegitimate debt between CSOs and the World Bank. (...)
Economist says biofuels have pushed up global food prices by 75%

The Guardian uncovers a ’secret’ World Bank biofuel report

6 July 2008 - by Tom Philpott

In a startling article published July 4, the Guardian reports that in a “secret” study, a World Bank senior economist concluded that the recent explosion in biofuels use has driven global food prices up by 75 percent — a number much higher than (...)
KPK urged to investigate foreign debt management

25 June 2008 - by Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)

Jakarta (ANTARA News) - The Anti-Debt Coalition (KAU) on Thursday urged the Corruption Eradication Commission (KPK) to investigate the ways in which the country`s foreign debts are managed. “The KPK is making one step forward now that it begins (...)
Global Famine

1 June 2008 - by Michel Chossudovsky

Humanity is undergoing in the post-Cold War era an economic and social crisis of unprecedented scale leading to the rapid impoverishment of large sectors of the World population. National economies are collapsing, unemployment is rampant. Local (...)
World Bank hosts illegitimate debt roundtable

24 April 2008 - by Jubilee Debt Campaign

After months, and indeed years, of pushing the World Bank to engage with the issue, this week the illegitimate debt campaign moved an important step forward. On Monday the Bank hosted a roundtable discussion at its headquarters in Washington (...)
World Bank and climate funds

The World Bank is holding a key two-day meeting in Washington DC (14-15 April 2008) to move forward plans to establish its proposed portfolio of climate investment funds (CIFs). The Washington meeting is expected to be followed by another (...)
World Bank’s climate funds will undermine global climate action

22 April 2008 - by Celine Tan

The World Bank will be holding a key two-day meeting in Washington DC next week to move forward plans to establish its proposed portfolio of climate investment funds (CIFs) projected at in time for the G8 summit in Japan in July. According to a (...)
Food Price Crisis Draws Attention at IMF/World Bank Meetings

15 April 2008 - by Soren Ambrose

It was easy to predict that the global credit crisis would be a major concern at the IMF/World Bank spring meetings. But while that was true, it was clearly the case that the heads of the two institutions were intent on focusing attention on (...)
The World Bank : A critical Primer

12 March 2008 - by Eric Toussaint

The World Bank is a controversial organisation. It is widely viewed with suspicion, as the international economic arm of the US, in thrall to the President who is responsible for appointing the head of the Bank. Eric Toussaint gives a highly (...)
World Bank: one stop shop for climate chaos, adaptation?

Alter-Eco The World Bank is one of the largest public sources of funds for the fossil-fuel industry. They also are one of the largest public brokers of carbon trades. And now the Bank may help oversee the $50 billion or so that will be needed (...)
Statistical errors of the World Bank in China: 200 million more poor people

12 January 2008 - by Eric Toussaint, Damien Millet

The news was barely noticed by the big non-specialised media: the World Bank admitted in December 2007 that it overestimated the Gross Domestic Product (GDP) of China for a number of years. This is what (...)
CIADI/Telecom Italia: ¡hands off Bolivia!

“Some multinational companies take over our natural resources, privatize basic services, fail to pay taxes and then, when they have no arguments in their defense, they go to the so-called ICSID. And then, in that World Bank tribunal, no country (...)
Green shoots amidst debt chaos

4 December 2007 - by Eric Toussaint

December 2007 As regards North/South relations, we are at present in a situation which is exactly the opposite of the financial crises of the past 25 years. The credit bubble has begun to deflate and is moving towards the developing countries (...)
An international economic situation dominated by the bursting of the North’s private debt and housing bubbles

22 November 2007 - by Eric Toussaint

The crisis that swept through the US in August 2007 is not over yet and the international repercussions will be deep and lasting. When the housing bubble burst in August 2007, it shook financial markets worldwide. This housing crisis is closely (...)
Press release

Pakistan: CADTM condemns the state of emergency declared by Pervez Musharraf, for too long supported by the major powers and the World Bank

On Saturday 3 November 2007, Pakistan’s president Pervez Musharraf declared a state of emergency and ordered widespread repressive measures against the numerous opponents of his regime. Several activists for democracy in CADTM’s Pakistan branch (...)
A World Bank report kept under wraps brings fresh proof of the Bank’s failure to work for development and an end to corruption

5 November 2007 - by Renaud Vivien

The High Court of Bannai has rejected Novartis’ appeal against the Indian Patent Act, placing the Indian pharmaceutical sector in the limelight once again. This time, the issue is of fraudulent practices by pharmaceutical companies within the (...)
Public hearing on the World Bank

Convened by the World Bank Campaign Europe, under the auspices of the Permanent Peoples’ Tribunal The Hague, 21 October, 2007 DECLARATION Upon request from the World Bank Campaign Europe, a Public Hearing was convened on October 15 in the (...)
Independent Peoples Tribunal report

9 October 2007 - by Sushovan Dhar

The Independent Peoples Tribunal (IPT) on the World Bank Group took place from September 21-24, 2007 at Jawaharlal Nehru University (JNU), New Delhi India. The event was organised by an alliance of over 60 groups in collaboration with the JNU (...)
INDEPENDENT PEOPLES TRIBUNAL ON THE WORLD BANK

World Bank officials shy away from participation ’TRIBUNAL FINDS UNDUE INFLUENCE OF BANK ON INDIA’S NATIONAL POLICIES’

http://www.worldbanktribunal.org PRESS RELEASE 24 September 2007, New Delhi New Delhi: The four day Independent Peoples Tribunal (IPT) on the World Bank in India concluded here today hearing numerous depositions indicting the Bank’s policy and (...)
Vote online to change World Bank policies!

The World Bank is the world’s largest multilateral development bank and one of the most powerful international organisations, providing financing and promoting policy paths which affect the lives of hundreds of millions of people across the (...)
Kenya: well paid MPs vs. starving population…

31 August 2007 - by Renaud Vivien

As we get closer to the December 2007 general elections, the regime of the Kenyan President, Mr Kibaki, gets tougher and tougher, resorting to police forces to repress peaceful demonstrations. The latest evidence of this hardening was given on (...)
The International Situation and the Debt : The new challenges facing CADTM

27 August 2007 - by Eric Toussaint

Increase in foreign exchange reserves Since 2004, the economic situation has been characterised by the high price of raw materials and a number of agricultural products. This has allowed a large number of developing countries to increase their (...)
Interview of Eric Toussaint

About the policy of IMF and World Bank and the German government’s policy toward the Bretton Woods institutions

28 June 2007 - by german-foreign-policy.com

LIEGE german-foreign-policy.com spoke with Eric Toussaint. Eric Toussaint is president of the Committee for the Cancellation of the Third World Debt (CADTM) in Liège (Belgium). He wrote “The World Bank. A never ending coup d’etat” (London 2007). (...)
Interview of Éric Toussaint

World Bank: Hands up, this is a hold-up !

19 June 2007 - by Eric Toussaint, Miguel Riera

Having been accused of nepotism, Paul Wolfowitz had to resign as president of the World Bank. He is being replaced by Robert Zoelick who has imposed bilateral free-trade agreements on several countries of the South. The World Bank thus proves (...)
A summary of the book

The World Bank: a never-ending coup d’état

20 May 2007 - by Víctor Manuel Isidro Luna

The main purpose of this book is to demonstrate that the key objective of the policies pursued by the World Bank since 1944 has been to strengthen the domination of certain countries over other, less-developed countries . The Bank’s constant (...)