Multilateral Banks

Child labor has not yet been eradicated in Brazil due to cutbacks in social spending aimed at ensuring payments on the foreign debt, Social Watch, an international network linking non-governmental organisations from 60 countries, said Wednesday.
At least 23 countries in Asia, Africa, and the Americas experienced protests or civil unrest last year as a result of their governments' pursuit of policies backed by the International Monetary Fund (news - web sites) (IMF) and the World Bank, according to a report released this weekend.
3 UPNG students are dead and several more in a critical condition; several have also disappeared into police custody. The students have had a 5-day blockade of the government buildings.
What is the World Bank? Created at the Bretton Woods Conference in 1944, the World Bank Group is comprised of five agencies that make loans or guarantee credit to 177 member countries.
In honor of this Award, World President James ''Bonds'' Wolfensohn will receive a low-interest loan to pay for his upcoming Toxic Tour of World Bank Project sites.
A leading opponent of a Chinese-financed dam in Sudan accused Beijing on Friday of fueling widespread human rights abuses, as Khartoum moved to relocate 70,000 villagers to make way for the project.
One of the leading partners in a controversial hydroelectric dam project in southeastern Turkey pulled out of the scheme this week.
The world's rich and powerful are heading this week to their annual meeting in the plush mountain resort of Davos, Switzerland. Hosted by the great global corporations (Citigroup, Siemans, Microsoft, Nestles, etc.), some 2000 CEO's, prominent politicians, pundits and international bureaucrats will network over great food, fine wine, good skiing and cozy evenings by the fire contemplating the world's future.
A pipeline crossing the Peruvian Amazon has spilled natural gas liquids four times since it opened 15 months ago because it was shoddily built by unqualified welders using corroded pipes left from other jobs, according to a new technical report by the nonprofit environmental consultancy E-Tech International based in San Diego.
In this time of grief, the MGJ is postponing the nonviolent demonstrations against the World Bank and the International Monetary Fund (IMF) our coalition was planning to host later this month. We choose this course of action regardless of the plans of the World Bank and IMF, and we respect other organizations that choose a different path.