Trump Loyalist to Head World Bank – Report
President expected to nominate Treasury official David Malpass
Tag: world bank
World Bank Woos Western Corporations to Profit From Labour of Stranded Syrian Refugees
‘Under the guise of humanitarian aid, the World Bank is enticing Western companies to launch “new investments” in Jordan in order to profit from the labor of standed Syrian refugees. In a country where migrant workers have faced forced servitude, torture and wage theft, there is reason to be concerned that this capital-intensive “solution” to […]
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Greece: National Economic Collapse and the Neoliberal Backlash, Syriza Holds On, The Left Is Weakened
‘The Greek tragedy of national economic collapse appeared to be turning into farce with the re-election of Syriza at the end of September. The leftist party had been first elected only seven months earlier on the promise to end the austerity measures forced on Greece by the troika of the European Union (EU), International Monetary […]
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Gaza aid pledges fail to materialize
‘For more than a year, Ahmad al-Hamayda, his six siblings and their elderly parents have been forced to live in a cramped apartment. Their two-story house in Khan Younis, a city in southern Gaza, was totally destroyed by Israel during 2014. Al-Hamayda had spent all of his 24 years in that house. At the time […]
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Merkel and Hollande Call for Carbon Emission Taxes With World Bank and IMF
‘German Chancellor Angela Merkel, French President François Hollande and heads of the World Bank (WB) group and the International Monetary Fund (IMF) urged the international community to impose taxes on carbon emissions in a joint statement. “There has never been a global movement to put a price on carbon at this level and with this […]
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World Bank Report Challenges Notions of Declining Poverty in Africa
‘Despite the reports for the last several years that significant declines in poverty have taken place in sub-Saharan Africa, a recently-released World Bank study indicates that despite “growth” the actual number of people living in poverty on the continent has increased by 100 million over the last fifteen years. In an attempt to reiterate and […]
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Globalist agriculture cartel pillages Ukraine as IMF and World Bank wage war to expand Monsanto’s GMO empire
‘Is it possible that the conflict in Ukraine is really just a front for a Monsanto land grab? Before Ukrainian President Viktor Yanukovych was forcibly removed from office, he had repeatedly rejected agreements and loan packages from international financial institutions such as the World Bank and the IMF, which padded their deals with conditions that […]
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Managing the Occupation: Syriza Wins Again, … on Behalf of the Banksters
‘Alexis Tsipras of Syriza has clearly decided that the election is one of the best ways of sanctifying controversial programs. (Greece has had five in six years.) Earlier this year, having promised an anti-austerity stance, Tsipras gradually, then dramatically, changed his tune. Syriza, it seemed, was shedding its skin in government. They were becoming the […]
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US Military Uses IMF and World Bank to Launder 85% of Its Black Budget
‘Though transparency was a cause he championed when campaigning for the presidency, President Obama has largely avoided making certain defense costs known to the public. However, when it comes to military appropriations for government spy agencies, we know from Freedom of Information Act requests that the so-called “black budget” is an increasingly massive expenditure subsidized […]
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US, UK and World Bank Among Aid Donors Complicit in Ethiopia’s War on Indigenous Tribes, Opening the Way to International Agribusiness
‘USAID, the UK’s DFID and the World Bank are among those covering up for severe human rights abuses against indigenous peoples in Ethiopia’s Omo Valley, inflicted during forced evictions to make way for huge plantations, writes Will Hurd. Their complicity in these crimes appears to be rooted in US and UK partnership with Ethiopia in […]
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Rich Multinational Supermarket Lidl Gets Nearly $1 Billion in Handouts
‘One of Europe’s biggest discount supermarket chains, Lidl, has been handed nearly $1 billion in funding from the World Bank and the European Bank for Reconstruction and Development (EBRD), effectively receiving government-backed funding. Lidl has received nearly $1 billion from both institutions in loan funding to expand its operations in Eastern Europe. Owned by the […]
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How the World Bank’s ‘Payday Loans’ Are Increasing Dire Water Shortages in Latin America
‘In midst of global warming’s frightening and growing droughts, increasing shortages of water resources in Latin America are being exacerbated by World Bank (WB) million-dollar loans to unstable governments desperate to rise out of poverty by attracting global industries to exploit their irreplaceable natural resources. And most use millions of gallons of water to do […]
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How Edmund de Rothschild Managed to Let 179 Governments Pay Him for Grasping Up to 30% of The Earth
‘After Edmund de Rothschild’s statement, totally without basis, at the 4th World Wilderness Congress in 1987, that CO2 is the cause of (a non-existent) global warming and that combating it needs money (our money), he founded the World Conservation Bank for this spurious reason. In 1991 its name was changed to The Global Environment Facility […]
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World Bank breaks its own rules as millions lose land and livelihoods
‘The World Bank has repeatedly violated its own policies on protecting the rights of indigenous people by funding projects that resulted in nearly 3.4 million slum-dwellers, farmers and villagers losing their land or having their […]