Category: Africa

G7 Versus Diplomacy for Ukraine

The outcome of the summit in Hiroshima stands in stark contrast to the efforts of leaders from around the world who are trying to end the conflict, write Medea Benjamin and Nicolas J. S. Davies.

Rich Countries Skimp on Famine Relief

A U.N. pledging event fell far short of the $7 billion sought for the Horn of Africa where more than 23.5 million people are currently suffering from hunger brought on by one of the worst droughts in recent history.

Global South Aims to Fix the UN

Calls to reform the Security Council have been made many times in the past, but Ramzy Baroud says Beijing’s position is particularly important in both language and timing.

Austerity & a New Cold War With China

Vijay Prashad says the expanding IMF-driven debt crisis, which has converted the idea of “financing for development” into “financing for debt servicing,” bears watching while China waives debt to 17 African nations. 

The IMF’s ‘Austerity Drive’

Oxfam estimated that “for every $1 the IMF encouraged a set of poor countries to spend on public goods, it has told them to cut four times more through austerity measures.”

The Lying IMF

Alternative sources of financing are beginning to empower poorer nations in the Global South to pursue projects grounded in genuine development theory, writes Vijay Prashad.