Multilateral Banks

Friends of the Earth today confirmed they would not participate in planned demonstrations during meetings of the World Bank and International Monetary Fund later this month in light of recent terrorist attacks on The United States.
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.
Almost none of the huge amount of money "loaned" to Greece has actually gone there, writes Joseph Stiglitz, former World Bank chief economist. CorpWatch's EuroZone Profiteers report sheds light on how some of it was used to pay off bad loans made by private-sector banks in France and Germany.
DOMKHEDI, INDIA -- Each day, Bhola Mundya Vasave and his sons till the soil that has been in their family for 12 generations.
The International Monetary Fund and the World Bank announced Monday that they had canceled this year's annual meetings, saying security agents need time to focus on issues raised by last week's terrorist attacks.
Come Sunday, Latin America's biggest country could elect its first leftwing leader for 40 years, Luiz Inacio Lula da Silva of the Workers party. With 41% support in the polls and 20 points ahead of the next challenger - ruling party candidate Jose Serra - Lula, as he is commonly known, could win the presidency outright in the first round.
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).
PRAGUE -- In a day of protests that were more colorful than violent, 9,000 demonstrators surrounded Prague's Congress Center where the World Bank and IMF are holding their annual meeting.
Anti-tobacco campaigners argue that profitable alternatives to tobacco exist but have received little attention. Through their development aid programmes, industrialised countries have helped developing countries to increase their output of tobacco, rather than help them switch to suitable alternatives. Through the imposition of structural adjustment programmes, the World Bank has encouraged governments to support farmers who grow crops for export. While the Bank no longer lends directly to tobacco production projects, its adjustment policies have encouraged additional output.
The main public investor in a controversial gas pipeline in Peru's Amazon rainforest that has ruptured four times already appears adamant not to bow to pressure from green groups demanding a full investigation after a study asserted that the pipeline is shoddily built and likely to break again.