US Congressional Representative Gwen Moore, a Ranking Member of the House subcommittee tasked with World Bank Group (WBG) oversight, yesterday issued a rare letter of condemnation of the WBG for its failure to prevent conflicts of interest from shaping the decisions of its development finance institution, the International Finance Corporation (IFC), in its projects in the water sector.
IBON International condemns in the strongest terms the violent repression in Kidapawan undertaken by the Philippine National Police (PNP) in response to the occupation by 6,000 unarmed peasants and Lumad tribe-members of the Kidapawan highway to demand food aid and immediate relief from drought for the six (6) El Niño-stricken municipalities of which they are residents. The attack reportedly resulted in seven (7) deaths and over a hundred injured, while some 89 (including women, elderly and six minors) are counted among those still missing.
On March 3, indigenous leader Berta Cáceres, cofounder of the Council of Civic, Popular and Indigenous Organizations of Honduras (COPINH) and winner of the 2015 Goldman Environmental Prize, was murdered by armed intruders in her home in La Esperanza, Honduras.
IBON International strongly condemns the arson attack perpetrated by a paramilitary group on a Lumad refugee camp at UCCP-Haran in Davao City.
Last February 29, IBON International together with more than 50 civil society organisations(CSOs) from around the globe urged the World Bank (WB) to push for more financial transparency on Public-Private Partnerships (PPPs).
Agriculture has always been on top of the World Trade Organization’s (WTO) agenda from the very start. Since it was created two decades ago to replace the GATT, WTO’s trade liberalization policies immediately found its way to open up agricultural trade markets in the Global South. Being the primary economic sector of the developing world, efforts to cut down tariffs on agricultural goods while allowing rich countries to dump heavily subsidized products devastated local economies and pushed the people – peasants, farmers, fisherfolk, indigenous people, rural women and youth, to deeper poverty.
Twenty years since its establishment, the World Trade Organization (WTO) remains one of the most important mechanisms used by monopoly capital to advance neoliberal trade and concentrate wealth at the hands of the richest one percent.
It has been two decades since the establishment of the World Trade Organization (WTO), a successor to the General Agreement on Tariffs and Trade (GATT), which created a multilateral trading system encompassing trade in goods, services, agriculture, and intellectual property.
Twenty years since its establishment, the World Trade Organization (WTO) remains one of the most important mechanisms used by the global monopoly capital to advance neoliberal trade and concentrate wealth at the hands of the richest one percent. By imposing trade rules that empower transnational corporations (TNCs) from rich countries, the WTO serves to keep the vast majority of countries underdeveloped while a tiny minority accumulates more power and wealth.