International debt relief campaigners took to the streets of Prague on Sunday angrily demanding that the world's creditors finally make good on promises to write off large swathes of poor countries' debts.
The World Bank should revamp its lending policies for mining, oil and gas projects to avoid corruption, mismanagement and poor economic performance spreading in countries that rely on such industries, says a confidential study by the Bank's internal review body.
Norway's Ministry of Finance announced Friday that it would exclude mining giant Barrick Gold and U.S. weapons producer Textron Inc from the country's pension fund for ethical reasons. This is an especially significant judgment for Canada, as Barrick Gold is currently Canada's largest publicly traded company.
In advance of the institutions' meeting in Ottawa, Global Democracy Ottawa, in coalition with a broad array of social justice, environmental, labor, human rights, student groups and activists will re-release four demands which, if implemented, would begin to create a more just global economy that elevates human need over corporate greed.
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.
U.S. investigators of bankrupt MF Global Holdings Ltd. have yet to determine after four months of probing whether enough evidence exists to pursue a criminal case. The company collapsed after a $6.3 billion bet on the bonds of some of Europe's most indebted nations went sour. When the
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.