50 Years Is Enough: US Network for Global Economic Justice

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Press Releases
Jun 28, 2007 As Fast Track expires US Social Forum participants call for a new direction on trade
Campaigners from all over the U.S. and abroad at the first ever U.S. Social Forum marked the June 30 expiration of the Presidential Trade Promotion Authority, also known as Fast Track, with cautious optimism.
May 30, 2007 Neo-Conned Again! Zoellick Replaces Wolfowitz in Move to Keep the Bank in Corrupt Rut.
President Bush’s announcement today of Robert Zoellick’s nomination for the position of World Bank President is, according to campaigners, a challenge to the World Bank’s board.
May 18, 2007 World Bank Critics Lament Departure of Wolfowitz
Ideologue Blinded by Self-Importance was “Appropriate Symbol” for Institution
May 8, 2007 As Wolfowitz Saga Nears Endgame, Campaigners Demand Meaningful Reform
As the World Bank’s Board of Directors takes further steps to censure World Bank President Paul Wolfowitz for granting a pay rise to his longtime partner, Shaha Riza, World Bank campaigners are demanding more than merely another U.S. replacement for Wolfowitz.
Apr 18, 2007 Wolfowitz Pack Your Bags!
Advocacy Groups Demand the end of Wolfowitz’s presidency and accountability at the World Bank
Apr 16, 2007 African Organizations Reject Ministers' Praise for Wolfowitz
"Corruption Cannot be Tolerated; World Bank President Must Resign"
Apr 11, 2007 Critics Stage Mock IMF Press Conference to Protest Harmful Tax Policies
“Imperialist Monetary Fund” to Call for Federal Sales Tax on Eve of IMF Meetings and of Annual Tax Filing Deadline
Apr 11, 2007 As Wolfowitz Feels Pressure to Resign, Critics Call for Accountability, Transparency and Democratization of the IFI’s
Institutions’ Edges Fraying as Finance Ministers Gather for Semi-Annual Meetings April 14-15
Mar 7, 2007 Press Release: IMF and World Bank Policies Promote Violence Against Women
32 organizations demand institutions live up to gender equality commitment
Oct 2, 2006 Cancellation of debts resulting from the Norwegian Ship Export Campaign (1976-80)
by Norwegian Foreign Ministry
Oct 2, 2006 Norway cancels illegitimate debt and takes co-responsibility for failed development policy
Press release from The Norwegian Campaign for Debt Cancellation (Jubilee Norway/SLUG)
Sep 20, 2006 U.S.-Based Organizations: Full Debt Cancellation for Haiti Needed Immediately
The International Monetary Fund (IMF) gave much needed debt relief for Haiti a green light yesterday, but the road ahead is still dangerous for Haiti’s poor.
Sep 8, 2006 Civil Society Groups Condemn Civil Society Clampdown for Singapore World Bank/IMF meetings.
September 8 — Civil society groups worldwide have reacted angrily to the Singaporean government’s ban on up to 20 delegates who plan to attend Bank/Fund annual meetings there next week. They have also condemned the pressure apparently brought by Singapore’s government on the administration of neighbouring Batam, Indonesia, where a major civil society conference will be held next week. Yesterday it appeared that permission would not be granted for the conference, but today, following an international outcry, official sources in Jakarta confirmed it can go ahead.
Apr 21, 2006 Press Release: IMF/World Bank ordered to close
Today, as the International Monetary Fund (IMF) and World Bank hold their annual joint meetings, leading healthcare advocates and IMF/World Bank critics called on the institutions to end policies that have ravaged the quality, availability, and accessibility of healthcare in impoverished countries.
Apr 21, 2006 Press Release: IMF reform won't save dying institution
"The officials talking about changes at the IMF at last recognize they have a dying institution on their hands, but they are trying to pretend the patient can be revived. The time has clearly come to pull the life-support plug and let the IMF die a natural death."
Dec 15, 2005 IMF Threatens to Undermine G8 Debt Cancellation
Dec 13, 2005 Analysis: Debt Cancellation Undermined to Expand IMF Power
The G8 debt cancellation deal approved this September by the boards of the IMF and World Bank is under threat at the IMF. Analysis from Soren Ambrose. TAKE ACTION!
Dec 12, 2005 WTO: Doha Round will not aid development
Critics of the World Bank and the International Monetary Fund (IMF) say that further trade liberalization will not help poor countries, but will continue to impoverish and marginalize them in the global economy.
Sep 23, 2005 Protests Planned for DC as Hurricane Advances Toward Coast
Press release for September 2005 IMF/World Bank protests in Washington DC. (50 Years Listserv)
Aug 4, 2005 G8 Debt Cancellation Agreement Faces Many Challenges from the IMF and World Bank
This June, G8 leaders promised 100% debt cancellation for 18 of the world’s poorest countries. Since then the agreement, which would provide these countries with desperately-needed resources for development goals, has faced reservations, concerns, and outright opposition from both the World Bank and the IMF.
Aug 2, 2005 G8 Debt Relief Could Lead to New Borrowing
WASHINGTON, Aug 2 (IPS) - Anti-debt campaigners leaked a document Tuesday showing that the World Bank is considering extending additional loans to countries eligible for a widely-publicised debt cancellation plan by the world's richest nations, a scheme that they say would defeat the purpose of the write-off.
Jun 21, 2005 G8 Debt Cancellation Deal: An Incomplete, Yet Positive Step Forward
The announcement by G8 Finance Ministers on June 11 of a deal to cancel debts claimed of 18 Global South countries by the IMF, World Bank, and African Development Bank (AfDB) represents a significant success for debt campaigners around the world.
May 31, 2005 CIVIL SOCIETY GROUPS MARK WOLFOWITZ’S FIRST DAY AS WORLD BANK PRESIDENT WITH DENUNCIATION
Washington, DC Reporters & Photographers: Activists will be staging a theatrical event in Murrow Park (across from World Bank headquarters) at 9:30 am on Wednesday, June 1 - Pennsylvania Ave. & 18th St., N.W.
May 25, 2005 WORLD BANK OPPONENTS LAMBAST WOLFENSOHN AS HIS PRESIDENCY ENDS
The ten-year reign of James Wolfensohn as president of the World Bank ends this week amidst growing global poverty and inequality, a significant backsliding by his institution in critical areas of environmentally sensitive programming, and a growing resistance in borrowing countries to the unbalanced economic policies imposed on them throughout Wolfensohn's tenure.
May 12, 2005 UPDATE ON DEBT
We did a lot of work in the lead-up to the April 15/16 meeting of G7 Finance Ministers, and the IMF/WB spring meetings that followed them, in the hope that they would result in real progress toward a deal on multilateral debt cancellation for a large groups of impoverished countries. They did not.
Apr 14, 2005 Critical Moment for 100% Debt Cancellation as G-7 Creditors Meet
As finance ministers of the Group of Seven (G-7) wealthy countries prepare to meet on Friday, ahead of this weekend’s IMF and World Bank meetings, civil society groups held a press conference today calling on the G-7 governments and the international financial institutions to support 100% multilateral debt cancellation for all impoverished countries with no harmful conditions attached.
Apr 13, 2005 100% DEBT CANCELLATION CANNOT WAIT!
WASHINGTON – Leading advocates of poor country debt cancellation will gather in a rally outside the G-7 Finance Ministers meeting this weekend to call for full debt cancellation for impoverished nations without harmful conditions.
Mar 16, 2005 Wolfowitz to World Bank?! - Critics Amazed
Two hours ago, President Bush announced his nomination of Paul Wolfowitz, currently Assistant Secretary of Defense, to be the next President of the World Bank. The U.S., by tradition, nominates the World Bank President. Although the Bank’s Board of Governors must approve it, no nomination has ever been rejected.
Sep 29, 2004 Global Justice Activists to Vigil Overnight Outside IMF/WB Annual Meetings
Announcement of overnight vigil sponsored by 50 Years Is Enough and allies outside the IMF/World Bank annual meetings as proposals for debt cancellation were discussed. (50 Years Is Enough press release)
Jul 20, 2004 CRITICS MARK WORLD BANK, IMF 60TH ANNIVERSARY WITH RALLIES WORLDWIDE
Picket at World Bank (18th & Pennsylvania, N.W.) Thursday, July 22, 2004 – 9 am
Jul 19, 2004 HAITI’S TAINTED ECONOMIC PLAN RISKS HUGE WASTE OF DONOR FUNDS
Public Protest Outside World Bank (18th & Pennslyvania, N.W) 8 am, Tuesday, July 20
Jun 10, 2004 Outrage as G8 Ends with No Firm Debt Commitment
Press release issued jointly with Jubilee USA Network at end of Sea Island, Georgia G8 Summit
Jun 9, 2004 50 Years, Jubilee Call on G8 to Cancel 100% of Debt
Press release issued at opening of G8 Summit in Sea Island, Georgia as rumors of a major deal on debt cancellation flew around (they proved unfounded, at least for now)
May 4, 2004 50 Years Statement on IMF Appointment of Rodrigo Rato as Managing Director
Denunciation of IMF selection process, quoted by news outlets such as AP and Reuters. (50 Years Is Enough listserv)
Apr 21, 2004 CRITICS FROM AROUND THE WORLD GRADE IMF AND WORLD BANK: 60 Years Old, and Another Bad Report Card
Press advisory announcing 50 Years press conference during April 2004 mobilization
Sep 22, 2003 IMF/WB Opponents in Dubai Call for More of Spirit of Cancun
50 Years press release for IMF/WB annual meeting in Dubai - Sept. 2003 -- calls for continuation of "spirit of resistance" from Cancun WTO meeting, and critiques WB report on privatization of basic services (50 Years listserv)
May 30, 2003 50 Years Slams G8 Priorities
Press release on 2003 G8 summit (Evian, France) (50 Years listserv)
Apr 11, 2003 Protesters: U.S. Call on Iraq Debt Hypocritical; Warn Against Imposing "Free Trade" Agenda on Iraq
Denunciation of U.S. calls for debt reduction for Iraq -- not the reduction, but the U.S. hypocrisy in ignoring other, more pressing cases. Also: details on actions for spring mobilization 2003 (50 Years listserv)
Mar 4, 2003 WB Refuses to Discuss Bolivia Failure at Water Conference
A consortium of civil society organizations object to a WB conference on privatization which refuses to tackle the single most spectacular failure of the Bank's water privatization agenda: the revolt against Bechtel Corp. in Cochabamba, Bolivia. (50 Years listserv)
Apr 18, 2002 Press Release: April 2002 Protest
Press release announcing 50 Years Is Enough Network protest at the 2002 spring meetings of the IMF & World Bank (50 Years Is Enough Network)
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