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Joseph Stiglitz, whose critiques of free market fundamentalism cost him a senior job at the World Bank in 1999 but won him the Nobel Prize for economics last week, has succinct advice for the global justice movement: Keep it up.
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.
Worries by Brazil's government over plans by a grassroots movement to hold a plebiscite on the country's huge debt costs gathered steam this week as the vote aiming to force attention on deep social inequalities approached.
The International Monetary Fund and World Bank will hold their annual meeting in Prague next month, attracting nearly 18,000 officials, private bankers and journalists, as well as 20,000-40,000 protesters.
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.
CorpWatch, with support from the Sunlight Foundation, announces release of the CrocTail application and open CorpWatch API. CrocTail provides an interface for browsing information about U.S. publicly traded corporations and their many foreign and domestic subsidiaries. CrocTail also serves as a demonstration of the features and data available through the CorpWatch API.
A new report today reveals that protests and riots against the International Monetary Fund (IMF) and its policies, are taking place in poor countries around the world. Since the Seattle protests ten months ago there have been at least 50 separate episodes of civil unrest in 13 poor countries, all directed at the IMF.
the Initiative Against Economic Globalisation (INPEG)is deeply saddened that people have been hurt during the course of events of Tuesdays protests.
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.
By joining the international boycott of World Bank-issued bonds, the City of San Francisco is continuing its legacy of supporting social and environmental justice including its support for selective purchase campaigns against Apartheid South Africa and the military junta in Burma.
US business and financial organizations yesterday added their weight to a campaign to secure finance from Congress for a debt relief initiative for the world's poorest countries, reports the Financial Times. The groups, which include Goldman Sachs, Motorola, Bechtel, Caterpillar, and Merck, signed an open statement calling for full US funding for the initiative for the most heavily indebted poor countries.
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.
Czech President Vaclav Havel brought leaders of the IMF and the World Bank together with their critics on Saturday in the hope dialogue would replace demonstrations as the keynote of this week's gatherings.
Non-governmental organisations and academics are alarmed over the Global Gateway, a portal website project which the Bank says will be the ''the premier web entry point for information about poverty and sustainable development'' but which the NGOs say is flawed and non-participatory.
Some 5,000 demonstrators marched towards Prague's Congress Centre on Tuesday in a bid to besiege the annual International Monetary Fund and World Bank meetings.
The front line was a scene of confrontation, with riot police three-deep stopping protesters, occasionally by leaking tear gas in their direction and by truncheon blows, from advancing toward the Congress Center on the other side of the several-hundred-meter(-yard)-long bridge, where delegates from the World Bank and the International Monetary Fund are holding their annual plenary meeting.
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Police arrested 32 protesters who sat down and linked arms to obstruct the 1900 block of L Street NW during rush hour this morning. The demonstrators were part of a group of 200 who marched and chanted for "global justice" and for the rights of local parking attendants to join a union.
One of the leading partners in a controversial hydroelectric dam project in southeastern Turkey pulled out of the scheme this week.
Betty Kavila is one of the 25,783 civil servants who are to be retrenched in October as a condition set by the World Bank and International Monetary Fund to resume lending to Kenya.