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People’s protest in Ecuador compels Moreno government to drop IMF’s prescription of neo-liberal measure

By Countercurrents Collective United Nations-backed dialogue between the right wing Lenin Moreno’s government and leaders of protesting people including indigenous people’s organizations reached a deal Sunday to revoke pro-International Monetary Fund (IMF) Decree 883, end strikes across the country, and…

Goodbye Columbus, Hello Indigenous Peoples Day

Indigenous Peoples Day is increasingly being celebrated across the U.S. in place of Christopher Columbus Day, as the myth of Columbus as beneficent discoverer is debunked and as the critical role of indigenous people in protecting the planet becomes more…

Why we must reform the IMF – before it’s too late

The fund’s legacy of austerity must be replaced by a new social contract based on shared prosperity and a just transition to a zero-carbon future. Leo Baunach  Lara Merling for openDemocracy 3 October 2019 This article is part of ourEconomy’s…

Never ending crisis in Argentina, part 2: the disaster with the IMF

The great blow to officialism during the primary elections (referred to as the PASO) in Argentina has only deepened the current crisis. Roberto Lampa for openDemocracy To understand how we’ve arrived at the umpteenth financial upheaval that began around a…

EU-Tanzania clash: follow the money?

Until a couple of weeks ago, there had never been so much talk of Tanzania in the Western media. Many people wonder if behind the scenes there is something more relevant than African homofobia. In fact, they invite you to…

Tanzania: the rapacious hypocrisy of the West

Once upon a time there was an African country, Tanzania, praised by the whole West as “peaceful, tolerant, hospitable, etc., etc., etc.” Thanks to its founding ‘father’ J. K. Nyerere, a primary school teacher, Tanzania gained independence from colonial rule…

Guillermo Sullings: The rich get richer and the poor get poorer

Economist, Guillermo Sullings, author of the book “At the Crossroads of Humanity’s Future: the steps towards the Universal Human Nation” talks about the difference between globalisation and planetarisation, the European Humanist Forum, neoliberalism and how to surpass it, and the…

African women united against microcredit vultures

“The IMF and the World Bank have over-indebted my country. Their structural adjustment programs have pushed women into microcredit, supported by the World Bank… Many microcredit institutions lead them to over-indebtedness and impoverishment”. By Fátima Martín, Femenino Rural   To be…

Dijsselscrooge: Greece attacked for paying Christmas bonuses to pensioners

Jeroen Dijsselbloem’s salary as the Netherlands’ Finance Minister is over €170,000 p.a. This is more than 212 times as much as the best off of those Greek pensioners whom he is determined to deprive of their Christmas bonuses.  by Steve McGiffen…

Ernst Wolff: IMF, Greece, Activism and Mainstream Media

In this video acTVism Munich continues to interview journalist and author Ernst Wolff. Wolff’s latest book is called “Pillaging the World: The History and Politics of the IMF” which is also available in German and Arabic. This video series aims…

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