Multilateral Banks

We want to firmly and unequivocally state our intention not to participate in the World Bank Development Gateway project. That while the Development Gateway purports to promote local community organisations and their information initiatives, its true intention is to control the development information discourse to promote its own particular perpectives. Read More

Anti-privatisation protestors are expected to descend on the streets of Johannesburg this month as they demand a reversal of the sale of their municipal water supply to French multinational Suez Lyonnaise des Eaux. Read More

Kenneth W. Dam, a law professor and former top State Department official, will be nominated to become deputy secretary of the Treasury, the White House announced yesterday. Read More

Injured protesters were loaded into ambulances and tourists strolled past bloodstained streets in this beach resort after police charged a group of anti-globalization demonstrators,kicking and beating those they could catch. Read More

The heads of the World Bank and International Monetary Fund told 12 African leaders it would be impossible to cancel the entire debt of the world's poorest nations, as many have asked. Read More

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. Read More

Thousands gather in Porto Alegre, Brazil to look towards a future in which corporations no longer rule. Read More

Scholar Walden Bello says a Bush presidency is bad news for the Bank and the Fund. Read More

In his first media interview since his party's landslide win in the Jan. 6 national election, telecommunications tycoon Thaksin Shinawatra also said his government would try to soften the ''tough'' terms imposed on Thailand by the International Monetary Fund (IMF). Read More

President Fernando de la Rua's most pressing problem is a cash crunch, in large part a result of interest payments coming due on $144 billion in foreign debt. Investors are concerned that the $280 billion economy cannot grow enough to stay solvent. Read More