Tag: International Monetary Fund

  • How the International Monetary Fund Continues to Shrink the Poorer Nations

    How the International Monetary Fund Continues to Shrink the Poorer Nations

    From 9 to 15 October, the International Monetary Fund and the World Bank held their annual joint meeting in Marrakech (Morocco). The last time that these two Bretton Woods institutions met on African soil was in 1973, when the IMF-World Bank meeting was held in Nairobi (Kenya). Kenya’s then President Jomo Kenyatta (1897–1978) urged those […]

  • The IMF’s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World

    The IMF’s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World

    Pakistan has made international headlines repeatedly over the last year for almost all the wrong reasons. While the country has been associated with extremism and terrorism for over two decades, more recently Pakistan has become known for natural disasters and political upheavals. Among the issues that deserve serious scrutiny – but gets little to no […]

  • We Have Here, in Africa, Everything Necessary to Become a Powerful, Modern, and Industrialised Continent

    We Have Here, in Africa, Everything Necessary to Become a Powerful, Modern, and Industrialised Continent

    Wu Fang (China), 行走 (‘Journey’), 2017. In his 1963 book, Africa Must Unite, Kwame Nkrumah, Ghana’s first president, wrote, ‘We have here, in Africa, everything necessary to become a powerful, modern, industrialised continent. United Nations investigators have recently shown that Africa, far from having inadequate resources, is probably better equipped for industrialisation than almost any […]

  • On 1 January 2024, the World’s Centre of Gravity Will Shift

    On 1 January 2024, the World’s Centre of Gravity Will Shift

    Abdel Hadi el-Gazzar (Egypt), The Popular Chorus or Food or Comrades on the Theatre of Life, 1948 (post-dated 1951). On the last day of the BRICS summit in Johannesburg, South Africa, the five founding states (Brazil, Russia, India, China, and South Africa) welcomed six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United […]

  • The Group of Seven Should Finally Be Shut Down

    The Group of Seven Should Finally Be Shut Down

    Leon Golub (USA), Vietnam II, 1973. During the May 2023 Group of Seven (G7) summit, the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States visited the Hiroshima Peace Memorial Museum, near where the meeting was held. Not doing so would have been an act of immense discourtesy. Despite many […]

  • Toxic Contagion: Funds, Food and Pharma

    In 2014, the organisation GRAIN revealed that small farms produce most of the world’s food in its report “Hungry for land: small farmers feed the world with less than a quarter of all farmland.” The report “Small-scale Farmers and Peasants Still Feed the World” (ETC Group, 2022) confirmed this.     Small farmers produce up to 80% […]

  • The Work That Tricontinental Does

    The Work That Tricontinental Does

    I am grateful to you for reading this newsletter, which has been coming to you since March 2018 and which now – thanks to the efforts of our movements – reaches over a million people. Our first newsletter posed a problem that remains at the heart of our institute’s work: The Left has before us […]

  • Sowing Seeds of Plunder

    It’s a lose-lose situation for Ukrainians. While they are dying to defend their land, financial institutions are insidiously supporting the consolidation of farmland by oligarchs and Western financial interests. So says Frédéric Mousseau, Policy Director of the Oakland Institute, an independent think tank. Depending on which sources to believe, between 100,000 and 300,000 Ukrainian soldiers […]

  • You Strike the Women, You Strike the Rock, You Will Be Crushed

    Arnold Böcklin (Switzerland), Isle of the Dead, 1880. What constitutes a crisis worthy of global attention? When a regional bank in the United States falls victim to the inversion of the yield curve (i.e., when short-term bond interest rates become higher than long-term rates), the Earth nearly stops spinning. The collapse of Silicon Valley Bank […]

  • The Danish Government’s Last Visit to Ukraine – the West’s Last or Penultimate War?

    The Danish Government’s Last Visit to Ukraine – the West’s Last or Penultimate War?

    The Danish foreign, defence and the prime minister is greeted by President Zelensky (right) The West/NATO has always lacked a long-term strategy. After all, it was militarily, economically and politically superior and could impose its will. Didn’t have to think. Hoping Ukraine would join NATO without fuss was hubris-ridden wishful thinking, and stupid to boot, […]

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