U.S. taxpayers' money, $7 billion worth, laid the foundation for Enron's global operations. Wysham and Vallette expose the company's dirty deals that brought turmoil to communities the world over.
The planned Bujagali Dam in Uganda violates five key World Bank policies. This is the conclusion of a confidential new report by the Inspection Panel, the World Bank's investigative body. The Panel report suggests a series of corrective measures to rectify the project's problems. International Rivers Network calls for these measures to be carried out before more funding for the project is approved by the Bank's Executive Board.
Riot police made what appeared to be an unprovoked attack Sunday on anti-globalization protesters gathered in a city park following a midday march down a main boulevard. At least 32 people were slightly injured and 19 were arrested.
Restrictions on the movement of goods and people in Israel and the occupied territories in response to the 18-month old intifada have brought the Palestinian economy close to collapse, according to a new report by the World Bank.
The International Monetary Fund has retracted criticism of Brazil's anti-poverty plan in the wake of national indignation and calls for IMF representative Lorenzo Perez to be kicked out of the country.
Every year the World Bank and its regional counterparts such as the Asian Development Bank, the Inter-American Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development, collectively known as Multilateral Development Banks (MDBs), lend $45 billion to the so-called ''developing'' world.
Activists, businessmen and government leaders met on Tuesday in the shadow of the U.N. Millennium Summit, agonizing over the future of economic globalization following the disruption of the WTO in Seattle and how to narrow the widening gap between rich and poor.
April's big business-led coup in Venezuela failed, where international finance's coup in Argentina in recent months has succeeded. Greg Palast gives us the inside track on two very different power-grabs.
Police arrested 32 protesters who sat down and linked arms to obstruct the 1900 block of L Street NW during rush hour this morning. The demonstrators were part of a group of 200 who marched and chanted for "global justice" and for the rights of local parking attendants to join a union.
Police used unconstitutional tactics and abused their authority when they arrested hundreds during the weekend anti-globalization protests, activists charged. Police arrested more than 650 people in three days of protests coinciding with the annual World Bank and IMF meetings.