Washington, DC (September 25, 2002) -- Ahead of this weekend's Annual Meetings of the World Bank and International Monetary Fund (IMF), Africa Action denounced the failure of these institutions to respond to Africa's growing debt crisis, and issued the recommendations below for immediate action from creditors.
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.
The Earth Summit in Rio de Janiero Brazil 1992 was supposed to result in countries across the world restructuring their development in order to guarantee sustainability for future generations. After 10 years no positive changes can be seen. The exploitation of natural resources and the destruction of the environment continue, access to productive resources has become more difficult.
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.
This paper was circulated prior to the Second World Social Forum in Porto Alegre, Brazil in February 2002. It was used as a point of departure to spark debate during a panel on transnational corporations, that CorpWatch co-chaired with Global Exchange, another San Francisco-based group.
Evo Morales was sworn in on Sunday as Bolivia's first indigenous president in a historic and emotional ceremony that set the tone for his new government, promising to move much the profits of Bolivia's natural resources to the people of Bolivia.
Representatives of various organisations participated in symbolic, but effective protest against the World Bank (WB) and International Monetary Fund (IMF) in Bombay and Delhi on Sep. 26th. This was held in the wake of the 55th Summit of WB and IMF at Prague.
Activists at the second annual World Social Forum rejected the label ''anti,'' saying they were working for democracy and equitable distribution of wealth.
West African cotton farmers are among those hardest hit by government subsidized corporate agriculture. This week in Hong Kong, trade ministers from the 148 members of the World Trade Organization meet to discusss this and other global free trade issues.