Word: imf
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Dates: during 2000-2009
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Everyone is sure, however, that the now inevitable demonstrations have become combustible. At last September's IMF-World Bank summit in Prague, demonstrators put 20 policemen in the hospital and injured 103 more. The Goteborg melee ended with three people shot, the first time live ammunition has been used against antiglobalization demonstrators in the Western world--an incident that has radicalized many of them. (A 19-year-old Goteborg protester who was shot in the stomach remains hospitalized.) "Things are coming to a head," says Shaun Dey, an activist in the London-based outfit Globalize Resistance. "The way things...
...writ of the international tribunal does not extend beyond the sidewalk outside its chambers. Like many other international institutions, from the IMF to NATO, the tribunal is a subsidiary of Pax Americana. These institutions are granted more or less formal independence, but absent the U.S., they are powerless...
...quite clearly in favor of cooperation with the Tribunal - one of his reasons being that Yugoslavia desperately needs foreign aid and investment, and most importantly, rescheduling of its debt. And the U.S. government had made clear that it would vote against aid to Belgrade in the IMF and World Bank, and would block rescheduling of the debt, if the Yugoslav government refused to cooperate...
...calculations - and, indeed, many of its own citizens are questioning why the government plans to spend $5 billion on submarines, helicopters and fighter planes when the primary threat to the nation's security is AIDS. But South Africa continues to earn high praise from the International Monetary Fund (IMF) and the Western financial community for its fiscal discipline. It has earned that positive image among investors in part through slashing its budget deficit by more than two thirds over the past six years - and pouring billions of dollars into the public health system is not exactly fiscally disciplined behavior. Today...
...FTAA would so compromise the ability of nation-states to maintain democratic control over basic regulatory powers, why are 34 of the nations in North and South America participating in the FTAA negotiations? First, most smaller nations, saddled with debt to the World Bank, IMF and northern investors, don’t have much of an option: with poorly capitalized markets, opting out of a trade agreement offered by the North would most likely precipitate a sudden fall in “investor confidence” among foreign investors, a corresponding crash in currency value and a decline in economic...