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Economic Justice News
Vol. 7, No. 3 September, 2004

September, 2004 Contents

World Bank Brings Market Fundamentalism to Iraq
After the U.S. "handover of sovereignty," the World Bank is slated to take more control over the Iraqi economy. They look set to follow the U.S.'s lead in running the country for the benefit of foreign investors.
The G8 in Georgia: Much Talk, Little Action on Debt -- But October 1 Finance Ministers’ Meeting May Bring Progress
Proposals for more significant debt cancellation were made at the G8 summit in Georgia last June, but none were adopted. The G7 Finance Ministers' meeting on October 1 may bring better news, however.
IMF Budget Rules Threaten Health Funding -- Grants from Global Fund for AIDS, Malaria, & Tuberculosis in Danger
A new report details how IMF rules may deter countries from accepting grants HIV/AIDS programs.
Taking From The Poor To Feed The Rich -- How the IMF, World Bank, and Inter-American Development Bank Thrive on Subsidies from a Disenfranchised City
The IMF, World Bank, and Inter-American Development Bank continue to enjoy freedom from taxation in Washington, DC. That means freedom from sales, property, and income tax. Comparing their actions in Washington to their requirements of client countries makes them look deeply hypocritical.
The World Bank and IMF at 60: (It’s All) Just a Little Bit of History Repeating
An account of 50 Years Is Enough Network activities during their 60th Anniversary -- at the April 2004 meetings of the IMF and World Bank, as well as at a July 22 rally marking the day the Bretton Woods agreements were signed.
“Too Important to Be a Spectator Sport . . . "
An assessment of where campaigners stand on the 60th anniversary of the IMF and World Bank.
World Bank Backs Big Oil -- Refuses to Implement Recommendations of Extractive Industries Review
The World Bank has refused to many many firm commitments in response to the findings of the independent External Industries Review.
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