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.
Human rights and environmental groups are condemning state police in India for preventing about 500 people from attending a public hearing on a controversial dam planned for the Narmada river.
Did a few individual traders in London conspire to rig global interest rates in order to enrich themselves or were they just pawns in an ongoing conspiracy by major banks designed to routinely skim billions from the international financial system?