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…
The World Bank (WB) in its latest ‘Global Economic Prospects’ report released on Tuesday has warned: The global economy is on track for its worst five-year period of growth in…
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…
Three years after discontinuing the Doing Business report, the World Bank Group is introducing a new corporate flagship publication called the Business Ready (B-READY) report. This report aims to evaluate…
Ajay Banga made history by becoming the first Indian American to hold the position of President of the World Bank. Banga took charge of the institution on May 3rd, succeeding…
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,…
A business bad in standard of business has been done, and the business involves the World Bank (WB) and China. Media reports said: Some investors and campaigners expressed dismay on…
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…
Twenty four groups working on environmental, labor and human rights wrote to the Executive Directors of World Bank not to dilute the environmental and social safeguards as the President of…
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