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World Bank

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BRICS prepares world banking revolution

28 February 2012

BRICS member-states are preparing a world banking revolution. They are planning to nominate an alternative candidate for the post of the Chairman of the World Bank for the first time in history. BRICS also demands redistribution of quotas in the International Monetary Fund in the near future and (…)

Reforming the international financial system

Washington D. C. (États-Unis) | 8 July 2010

Below is an overview of the international financial institutions reform plan which has been released by the UN Department of Social and Economic Affairs. The document, drafted by Group of Experts, mirrors exactly the wishes of the world ruling class. Its driving principle is the creation of a (…)

Speech by Robert B. Zoellick at Woodrow Wilson Center

by Robert B. Zoellick

Washington D. C. (États-Unis) | 14 April 2010

Introduction: The End of the Third World?
For decades, students of security and international politics have debated the emergence of a multipolar system. It’s time we recognize the new economic parallel.
If 1989 saw the end of the “Second World” with Communism’s demise, then 2009 saw the (…)

A Threat To Peoples of Both the South and North

A Stronger IMF and World Bank

by Éric Toussaint , Damien Millet, Renaud Vivien

22 October 2009

The G-20, the self-proclaimed global regulation authority, has decided to bolster the capacity of the FMI and the World Bank to siphon the wealth from the South in order to solve the crisis in the North. In an effort to conceal the ruthlessness of this policy, at their Istanbul meeting the (…)

The World Bank Involved in a Dirty Quarrel in Chad

by Éric Toussaint , Damien Millet

Paris (France) | 2 December 2005

The high-flown oratory of World Bank experts about good management, corruption and the reduction of poverty is only a farce. As a matter of fact, the World Bank imposed on Chad, at all costs, an oil pipeline project that was supposed to enrich a well-known dictator who has just laughed at that (…)

The World Bank Publishes its hit-parade on financial docility

10 May 2005

Paul Wolfowitz, president of the World Bank, published on May 9, 2005, his “Barometer on the Ability to Govern from 1996-2004”. Experts compared the policies implemented by 209 countries based on six criteria: receptivity of the citizens’ opinion, political stability, efficiency of (…)