At Annual Meetings in Washington last month International Monetary Fund head, Kristalina Georgieva claimed Sri Lanka as a debt restructuring ‘success’ story.[i] Left unsaid by the IMF’s Managing Director was…
The Bretton Woods institutions - the World Bank and International Monetary Fund (IMF)- have completed 80 years of existence and operations. As people of the global south, who continue to…
Rural peoples’ movements and communities demand the shutdown of the International Monetary Fund (IMF) and World Bank. Over the past 80 years, imperialist governments and their transnational corporations (TNCs) have…
On February 1, 2024, Ukraine secured a €50 billion aid package from the European Union (EU), aimed at bolstering its defense capabilities and facilitating the country’s reconstruction. Dozens of other…
Established Western economic institutions are facing a formidable challenge from Chinese newcomers, each side offering distinct and competitive lending strategies with far-reaching consequences for global infrastructure and development. In October…
All this week during the annual fall meeting of the IMF and World Bank, climate activists have been attempting to stop “business as usual” at the two institutions. On Thursday,…
This article seeks to draw attention to one aspect of African sovereignty that does not get adequate coverage. Admittedly, many are aware of illicit financial outflows that cripple development or…
Join Countercurrents Annual Fund Raising Campaign and help us