In the deeply undemocratic institution, the U.S. effectively holds a veto over any major changes and molds policies according to its whims.
Vijay Prashad: Washington’s IMF Stranglehold
Tag: President Luiz Inácio Lula da Silva
BRICS: Global Center of Gravity Shifts
As is often the case in history, the actions of a dying empire create common ground for its victims to look for alternatives, writes Vijay Prashad.
BRICS Leaders Call for Democratic Global Order
Amid a membership expansion, leaders of the bloc spoke out against sanctions, conditions on sovereign credit and dollar hegemony, Abdul Rahman reports.
Lula Goes to China
The Brazilian president is joined by a major delegation this week as more than 20 agreements are expected to be signed with the Amazon country’s largest trading partner.
Reasons for an Argentina-Brazil Currency Union
It’s a way to help them re-industrialize, writes Barbara Fritz, at a time when recent geopolitics have also sharpened concern about dollar dependency.
Brazil Raids Illegal Amazon Miners
President Lula da Silva, who took office just over a month ago, is targeting tens of thousands of ore and gold miners in the territory of the Yanomami people in the rainforest.
What Will Lula Do?
Pepe Escobar says revelations of major money laundering in Brazil give the former president an opening to go for broke.