Posts Tagged ‘World Bank’
16 May 09 | AP
Police heavily guarded a luxury resort in Greece on Saturday where a secretive annual rendezvous of top politicians and business leaders reportedly took place.Several dozen Greek demonstrators gathered outside the Astir Palace hotel in the coastal town of Vouliagmeni to criticize the Bilderberg Group, an international group that was founded half a century ago in the Netherlands.
The major high income and developing countries that set policy for the 185 member-nation World Bank agreed in Washington on Sunday that the bank should boost its lending to help poor countries adversely affected by the global economic slowdown. Read the rest of this entry »
Finance ministers from around the globe are meeting this weekend with one main issue on their minds: how best to spend one trillion dollars to help the world’s economy (2:31):
Experts have criticised an ongoing meeting of the World Bank and the International Monetary Fund (IMF) as “a wasted opportunity for poor countries”. Read the rest of this entry »
22 Apr 09 | VOA News
The International Monetary Fund has begun a new program to provide emergency credit to governments with strong economic track records. Mexico became the first to qualify for the program last week, and two more countries, Poland and Colombia have applied for it. The IMF credit does not come with its traditional condition that governments have to change their economic policies.
Analysis by Sanjay Suri
3 Apr 09 | IPS
It seemed like a lot of money at the time. The leaders of the group of eight richest countries, the G8, met in Gleneagles in Scotland and announced 50 billion dollars in new aid, half of that for Africa and half for the rest of the world. Read the rest of this entry »
by Sen. Obert Gutu
30 Mar 09 | ZimDaily
Odious debts are defined as those debts incurred by the State, which debts are not for the needs or interest of the State but merely to strengthen the State’s despotic power as well as to repress the population that fights against despotism.