Post Tagged with: "World Bank"

Can Activists Change the Ways of the World Bank and IMF?

Can Activists Change the Ways of the World Bank and IMF?

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, activists demonstrated in a “Drown them out!” across the street from the World Bank headquarters while a press conference was being held by the G-20 finance ministers to announce their[Read More…]

by 15/10/2022 Comments are Disabled World
Bad Business: World Bank and China, A Rigging Scandal

Bad Business: World Bank and China, A Rigging Scandal

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 September 17, 2021 at revelations that the WB leaders pressured staff to boost China’s score in an influential report that ranks countries on how easy it is to do business[Read More…]

by 22/09/2021 Comments are Disabled World
African Financial Independence is a Threat to the Status Quo and not a Pipedream

African Financial Independence is a Threat to the Status Quo and not a Pipedream

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 the fact that Africa has been a net creditor to the global financial system even though the countries within are debt ridden. This article will draw the lines between the[Read More…]

by 19/05/2021 Comments are Disabled World
Twenty Four Groups Write To The World Bank: No More Destructive Development!

Twenty Four Groups Write To The World Bank: No More Destructive Development!

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 the World Bank visits India to explore new financing opportunities. India has been the largest recipient of World Bank loans in the history of World Bank. This also meant that[Read More…]