structural adjustment
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The IMF goes to war in Ukraine By Pepe Escobar
The IMF has approved a $17 billion loan to Ukraine. The first $3,2 billion tranche has been received today. It’s essential to identify the conditions attached to this Mafia-style “loan.” Nothing remotely similar to reviving the Ukrainian economy is in play. The scheme is inextricably linked to the IMF’s notorious, one-size-fits-all “structural adjustment” policy, known… Continue reading
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‘Ukraine will only get a pittance from the US and the EU’
The US government is saying it will help Ukraine’s new government with money, but the US Treasury is not in any political shape to give billions of dollars to the Ukrainian economy which requires $35 billion, geopolitical analyst William Engdahl told RT. Continue reading
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The Manifesto of the Mediterranean Meeting in Tunisia
1. For more than a quarter of a century, neoliberal capitalist globalization has extended its dominance over the entire planet. The processes launched have accelerated the commodization of the world in favour of a minority and have confiscated people’s citizenship and nations’ sovereignty. They are exacerbating economic insecurity and social inequality in the North and… Continue reading
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The United States and Bolivia By Stephen Zunes
With much of Bolivia’s natural gas wealth located in the east, and taking advantage of the endemic racism of its largely white and mestizo population against the country’s indigenous majority, now in positions of political power for the first time, these right-wing forces appear ready to either bring down Morales or secede from the country.… Continue reading