The City of Oakland, California; the communications Workers of America; the United Electrical, Radio, and Machine Workers of America (UE); Citizens Funds; and the Sisters of Loretto have all committed -- through resolution or statement of policy -- not to purchase bonds issued by the World Bank.
Last Friday, Horst Koehler, newly-appointed head of the International Monetary Fund, received a hostile response from the anti-privatisation forum, Jubilee 2000, the campaign against neoliberalism and the South African Communist Party.
The European Union's secretive decision-making processes were condemned on Thursday in a legal judgment that should lead to more light being shed on how thousands of regulations affecting businesses are hatched.
The U.S. administration's backing of a $30 billion loan package arranged for Brazil by the International Monetary Fund (IMF) marks an abrupt change in President George W. Bush's policy of not bailing out developing countries, and its impact may be seen in the results of October elections in the hemisphere's biggest country.
A World Bank official admitted Wednesday the institution's policies in Zimbabwe had failed, ironically blaming the failure on the government's willingness to follow its instructions as ''per book''.
German police clashed with hundreds of protesters in the port of Rostock on Saturday following a much larger peaceful demonstration against the Group of 8 summit meeting next week in a nearby Baltic resort.
Race has become such a scary word to the World Bank that its officials found themselves referring to it as the 'R-word' while responding to charges that the institution had skirted race in its recent World Development Report.
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.