Multilateral Banks

PRAGUE -- Yehoshua Tzarfati has a chilling story to tell. He came to Prague to help as a medic during this week's World Bank/IMF demonstrations.
The Earth Summit in Rio de Janiero Brazil 1992 was supposed to result in countries across the world restructuring their development in order to guarantee sustainability for future generations. After 10 years no positive changes can be seen. The exploitation of natural resources and the destruction of the environment continue, access to productive resources has become more difficult.
As part of a protest movement that has brought Ecuador to a virtual standstill, a growing number of activists from environmental and human rights organizations have occupied the offices of the International Monetary Fund (IMF) in Quito to protest the IMF's role in Ecuador's current social crisis.
Group of Eight leaders launched their long-awaited action plan for Africa, promising a new dawn for the continent, but aid activists said the promises amounted to peanuts.
The mining industry has a worldwide image problem. In developing and developed countries alike, the public tends to regard mines as dirty, dangerous and disruptive - and those who stand to profit from them as greedy despoilers.
Human rights and environmental groups are condemning state police in India for preventing about 500 people from attending a public hearing on a controversial dam planned for the Narmada river.
Taking a break from spraying his neat, one-hectare plot of young cotton plants with herbicide, Moses Mabika surveys the land that has been supporting his family for 45 years. He may not realise it, but he is standing at the epicenter of a heated debate about growing genetically modified (GM) crops in Africa.
After Seattle, the movement set its sights on mobilizing for the annual Spring meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C. this past April 16. Known as A16, these actions were also hugely successful.
Citizens excluded from $25 million suit against Bolivia for company's failed water privatization scheme Washington, DC- The Bechtel Corporation was handed a powerful victory last week, when a secretive trade court announced that it would not allow the public or media to participate in or even witness proceedings in which Bechtel is suing the people of Bolivia for $25 million.
Washington, DC (September 25, 2002) -- Ahead of this weekend's Annual Meetings of the World Bank and International Monetary Fund (IMF), Africa Action denounced the failure of these institutions to respond to Africa's growing debt crisis, and issued the recommendations below for immediate action from creditors.