Search
The police used water cannons and steel fences to stop protesters on Saturday from getting within a mile of the World Economic Forum's Annual Meeting in Davos.
The heads of the World Bank and International Monetary Fund told 12 African leaders it would be impossible to cancel the entire debt of the world's poorest nations, as many have asked.
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.
Anti-privatisation protestors are expected to descend on the streets of Johannesburg this month as they demand a reversal of the sale of their municipal water supply to French multinational Suez Lyonnaise des Eaux.
The Argentine government found itself Monday struggling to contain political fallout from the announcement three days earlier of major public spending cuts, as the first protesters took to the streets.
Aid cannot buy economic reforms the World Bank concedes in a new study on Africa which shows that imposing conditions to force developing countries to adopt unpopular reforms has in many cases been ineffective.
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''.
The World Bank on Saturday said it had canceled a conference on how to fight poverty due to take place in Spain next month because of concerns anti-globalization groups would try to disrupt the event.
Thousands of anti-globalization and environmental activists converged Thursday on this port city as President Bush joined 15 European Union leaders for a summit expected to focus on the widening gap between Washington and its European allies.
Tens of thousands of teachers, state workers, and students have protested budget reforms mandated in agreements between Colombia and the International Monetary Fund.
As foreign buyers descend upon the United States, capturing widening swaths of the industrial landscape and putting millions of Americans to work for new owners, these two cities offer sharply competing narratives for a nation still uneasy about being on the selling end of the global economy.
European and Canadian engineering companies, four of them British, are alleged to have paid an official about 3m for contracts for one of the continent's biggest engineering projects, the 1bn construction of huge dams to supply water and electricity to South Africa, which entirely surrounds the mountainous kingdom.
African leaders used the opening of the UN General Assembly Special Session on HIV-AIDS Monday to assail the international community's response to the deadly epidemic for failing to match the speed and seriousness with which the disease is infecting their citizens. Official after official rose to drive home the message that the death of more than 20 million people, mostly in sub-Saharan Africa, demands that more money be committed to the fight.
Riot police made what appeared to be an unprovoked attack Sunday on anti-globalization protesters gathered in a city park following a midday march down a main boulevard. At least 32 people were slightly injured and 19 were arrested.
3 UPNG students are dead and several more in a critical condition; several have also disappeared into police custody. The students have had a 5-day blockade of the government buildings.
Turkish financial markets fell sharply Friday amid fears that the government was making no headway in persuading international lenders to release $3.3 billion in loans that will finance an economic recovery plan.
The following story was sent to us anonymously (Mary Black is a psuedonym) two days after a violent protester was killed in Genoa, Italy. While we may not share the author's opinion about Black Bloc tactics, it is a perspective that hasn't been fully covered, even in the progressive media, and as such deserves publication.
Security concerns have forced the World Bank and International Monetary Fund (IMF) to drastically scale back plans for their annual meetings here next month. The agencies say the meetings, usually held over the course of about a week, will take place on Sep. 29 and 30. Their executive boards are expected to formally approve the change Tuesday. The meetings had been scheduled for Sep. 28 through Oct. 4.
Argentina's president, having just secured $8 billion in emergency aid from the International Monetary Fund, announced plans for a referendum this year on cost-cutting moves aimed at fighting a recession.