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Brazil's currency and stock prices soared Thursday on optimism that a $30 billion aid package from the International Monetary Fund will calm skittish investors, although the underlying problems that fed market anxieties haven't gone away.
CrocTail is an extension of the Crocodyl.org Wiki web site project, an online compendium profiling the accountability and transparency track records of multinational corporations. Developed with support from the Sunlight Foundation, CrocTail users can search the entire subsidiaries database. In this new version, users can click on different years and see how subsidiary relationships for a company have changed over time.
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.
The World Bank president's June meeting could do worse than to consider Uganda's Bujagali Dam project and Tanzania's Bulyanhulu Gold Mine. The two large-scale projects are being supported by the World Bank's International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (Miga), as part of a broad strategy to increase economic growth and alleviate poverty.
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.
Chanting, singing and beating drums, tens of thousands of protesters converged on the U.S. capital on Saturday to demonstrate against the U.S.-led war on terror, Israeli military actions in the West Bank and globalization
WASHINGTON, DC -- Global Justice activists are feeling the pinch of their civil liberties at home. After three weeks of review, the DC Metro Police Department belatedly denied a permit for the Mobilization for Global Justice (MGJ) to present brief street theater demonstrations and speeches in front the IMF and World Bank headquarters and four downtown corporate offices implicated in the expanding war in Colombia. In a fax to organizers, police indicated that protesters would only be allowed to rally several blocks away from the IMF and World Bank and proceed along a separate route well away from the corporate offices.
WASHINGTON (April 18, 2002) -- As the World Bank/IMF Spring Meetings approach and protesters prepare demonstrations for April 20-21 in Washington, campaigners today announced growth of the World Bank Bonds Boycott campaign.
WASHINGTON -- As the United States drifts deeper into the Colombian quagmire of drugs and war, policy-makers need to take a new look at the problems of poverty, joblessness and hopelessness that have made that country such a trouble spot.
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.
New York City police commish Ray Kelly may be congratulating his Shea-honed troops on ''a tough job well done,'' but several activists and attorneys say policing of the World Economic Forum protests last week was a civil rights disaster. They cite baseless arrests, punitive detentions, and surveillance so aggressive it may have crossed the line even in this Ashcroft era.
CrocTail is an extension of the Crocodyl.org Wiki web site project, an online compendium profiling the accountability and transparency track records of multinational corporations. Developed with support from the Sunlight Foundation, CrocTail users can search the entire subsidiaries database. In this new version, users can click on different years and see how subsidiary relationships for a company have changed over time.
The first week of February posed a test to the anti-corporate globalization movement and its targets. Local NY organizers got an A for attitude. The police passed. The WEF -- they flunked as usual.
The system is blind -- not only in Argentina, not only in Latin America. For the most notorious economists, the people are mere numbers. For the most powerful bankers, they are debtors. For the most efficient technocrats, they are problems. For the most successful politicians, they are votes.
BUENOS AIRES -- The Argentine government declared a food emergency Wednesday as demonstrations intensified outside banks in several cities in protest against strict banking curbs. The justice authorities, meanwhile, began investigating reports of massive transfer of capital out of the country.
DOMKHEDI, INDIA -- Each day, Bhola Mundya Vasave and his sons till the soil that has been in their family for 12 generations.
Ravi Kanbur, lead author of the World Bank's forthcoming World Development Report (WDR) on Poverty, has tendered his resignation. He has sent a letter to senior Bank management expressing his concerns about what he saw as unreasonable pressure to tone down WDR sections on globalisation.
After Seattle, the movement set its sights on mobilizing for the annual Spring meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C. this past April 16. Known as A16, these actions were also hugely successful.