Tag: World Bank

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UN-Backed Banker Alliance Announces ‘Green’ Plan to Transform the Global Financial System
Editor's Сhoice
UN-Backed Banker Alliance Announces ‘Green’ Plan to Transform the Global Financial System
November 8, 2021

The most powerful private financial interests in the world, under the cover of COP26, have developed a plan to transform the global financial system by fusing with institutions like the World Bank and using them to further erode national sovereignty in the developing world.

In Quest of a Multi-Polar World
March 28, 2021

Michael Hudson and Pepe Escobar resume their conversation about a global monetary system that appears headed for divorce. 

In Quest of a Multi-Polar World
Editor's Сhoice
Celebrating the Least Corrupt Country: Rwanda
Society
Celebrating the Least Corrupt Country: Rwanda
September 20, 2020

You don’t know about it because Transparency International is funded by rich states, which they don’t want to be outshone by a third-world nation.

Portillo’s Spirit Haunts the Oligarchy
April 10, 2020

We have been a living example of what occurs when an enormous, volatile, and speculative mass of capital goes all over the world in search of high interest rates, tax havens, and supposed political and exchange stability.

Portillo’s Spirit Haunts the Oligarchy
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Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank as “Unconventional” Weapons
Editor's Сhoice
Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank as “Unconventional” Weapons
February 8, 2019

Though the unconventional warfare manual is notable for stating so openly that “independent” financial institutions like the World Bank and the IMF are essentially extensions of U.S. government power, analysts have noted for decades that these institutions have consistently pushed U.S. geopolitical goals abroad.

Jim Yong Kim’s Mixed Messages to the World Bank and the World
January 17, 2019

If you are a critic of neoliberal, carbon-intensive crony capitalism, then we can only hope that Trump contributes yet more delegitimation to the Bank’s now-legendary incompetence, malfeasance and unethical behavior… for which Jim Kim was only the cherry on top.

Jim Yong Kim’s Mixed Messages to the World Bank and the World
Editor's Сhoice
At Global Forum, China Fills US-Shaped Hole
Editor's Сhoice
At Global Forum, China Fills US-Shaped Hole
October 21, 2017

According to the laws of physics and nature, empty spaces are unnatural. Wherever there is a void, the universe seeks to fill it. Nowhere was this more on display than at the meetings of the International Monetary Fund (IMF) and World Bank last week in Washington.

Financial Parasitism of the West
April 29, 2016

The World Bank (WB) has released its 2016 edition of International Debt Statistics. The report surveys 120 countries that are categorized as low- or middle-income (LMI countries) according to World Bank criteria…

Financial Parasitism of the West
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