With the fall of Kabul, Pepe Escobar says it’s becoming clear that financial soft power tactics may be even more deadly than a NATO occupation.
Tag: World Bank
COVID-19: Paltry International Support for Global South
Unsurprisingly, this has become a “developing-country pandemic,” write Anis Chowdhury and Jomo Kwame Sundaram.
Rescuing Rich Investors in Poor Countries
John Smith confronts creditors’ response to the greatest debt crisis in history.
Your Privileges Are Not Universal
Formal democracies retain their constitutions and their laws, their elections and their public hearings – all part of the panoply of modern democracies. They fail, however, to actually listen to the suffering of the people, writes Vijay Prashad.
Nigeria’s Ecological Emergency
No amount of clean technology, industrial growth or boosts to GDP will avert the economic and climate crises inextricable to profit-driven extraction, writes Lee Wengraf.
Paradise for Human Victims of Corporate Persons
In anticipation of a cascade of debt defaults in Africa, beginning with Zambia, Vijay Prashad says it’s vital to strengthen the flagging campaign for debt forgiveness and cancellation.
COVID-19: A New Appeal Against Preparations for War
In response to the atmosphere of war that the U.S. is creating during the Great Lockdown, Vijay Prashad and Abdallah El Harif are issuing a fresh appeal for peace.
COVID-19: Global Lawmakers Call on IMF, World Bank to Cancel Debt of Poor Nations
Bernie Sanders said the pandemic shows “that we have got to act as a global community — we truly are all in this together,” Jake Johnson reports.
THE ANGRY ARAB: Coronavirus Fallout for the Middle East
You don’t need Henry Kissinger to tell you that the virus will change the world, writes As’ad AbuKhalil.
Argentina v. the Hedge Funds
Exclusive: A battle between Argentina and U.S. hedge funds, which gambled on the country’s defaulted bonds, is raising questions about how far U.S. courts can go in requiring governments to pay and whether developing nations can defy the U.S.-dominated financial system, reports…