Below you'll find a list of all posts that have been tagged as “World Bank”
The World Bank regularly broke its own promises to protect Indigenous rights around the globe by funding projects that displaced or threatened the livelihood of millions of the most vulnerable people on the planet, a new investigation has found. Evicted and Abandoned, a joint report published Thursday by the International Consortium of Investigative Journalists and several other outlets, found that …
For many years inequality in income and wealth received little attention in public debate and was only a minority interest in the economics profession. GDP per capita was widely considered to be a satisfactory indicator of economic prosperity. Yet, inequality has now become the focus of remarkably wide-ranging attention, from Davos and the State of the Union address to academic …
The financial media as well as segments of the alternative media are pointing to a possible weakening of the US dollar as a global trading currency resulting from the BRICS (Brazil, Russia, India, China, South Africa) initiative. One of the central arguments in this debate on competing World currencies hinges on the BRICS initiative to create a development bank …
For millennia, the practice of saving and exchanging seeds has been fundamental to crop production in farming communities across the globe. Now, faced with a growing push on the part of governments and corporate agribusiness to limit this practice and thus threaten the food sovereignty of millions, farmers worldwide are fighting back. International peasant farmer and food justice groups La Via …
Two events occurred last week that mark a further phase in the waning of US global economic hegemony: China introduced its own Economic Development Bank, the ‘Asian Infrastructure Investment Bank’ (AIIB); the IMF simultaneously announced it will decide in May to include the Chinese currency as a global reserve-trading currency alongside the dollar, pound, and euro—an almost certainly ‘done deal’ …
Bibi Netanyahu’s election, persistent violence through much of the Middle East and North Africa, and intensified efforts to forge a nuclear deal between the P5+1 and Iran topped the news here in Washington this week. But a much bigger story in terms of the future order of global politics was taking place in Europe and Beijing. The story was simply …
It appears the sea of de-dollarization has reached the shores of Europe. With Australia and UK having already moved in the direction of joining the China-led AIIB, The FT reports that France, Germany, and Italy have now all agreed to join the development bank as ‘pivot to Asia’ appears to be Plan B for Europe. As Greg Sheridan previously noted, “the saga of the China Bank …
Oakland, CA — Every spring for the last fifteen years, the World Bank has organized the “Conference on Land and Poverty,” which brings together corporations, governments and civil society groups. The aim is ostensibly to discuss how to “improve land governance.” Whereas the 16th conference will take place in Washington D.C. from March 23 to 27, hundreds of civil society organizations are …
UK, Australia, New Zealand, Singapore and India All Sign On … South Korea Next? This week, 2 major U.S. allies – 2 of the “Five Eyes” – have disregarded American please and joined China’s development bank … a new alternative to the US-dominated IMF and World Bank lending order. (A third member of the Five Eyes – New Zealand – previously signed …
