BlackRock
BlackRock is a “modern day Dutch East India Company” say activists

US-based organizations gather in front of the BlackRock headquarters in New York City to demand the asset holder cancel USD 220 million of Zambia’s debt

Activists demand Blackrock cancel Zambia’s debt

70% of Zambia’s debt is held by Western institutions, and 220 million is held by investment giant BlackRock.

US-based organizations demand BlackRock cancel it’s share of Zambia’s debt

Western institutions own 70% of Zambia’s debt. It’s time for the largest private owner of such debt to cancel it entirely, say activists

The Global South refuses pressure to side with the West on Russia

Europe and the US ignore Africa, Latin America, and Asia’s calls to find a solution that ends the war in Ukraine—and, as Namibia’s prime minister put it, redirect funds spent on weapons toward solving global issues.

Ghana debt crisis Who is responsible for Ghana’s debt crisis?

Ghana has approached the G20 to restructure its external debts, the majority of which are held by private lenders. The process is necessary to unlock a $3 billion IMF bailout that will see severe austerity measures imposed on the Ghanaian people

US private prison industry: Profiting from exploitation and suffering

Eugene Puryear of BreakThrough News talks about the high rates of incarceration in the US and the role of the private prison sector in intensifying the crisis

IMF bailout for Zambia Zambia’s debt crisis a warning for what looms ahead for Global South

Zambia is heading toward critical negotiations to restructure its mounting debts. The IMF has approved a $1.3 billion bailout plan for the country, which will impose cruel austerity measures on the Zambian people

Report: World’s biggest investors fuel border violence, deforestation and other stories

Today we look at how investors are driving border violence and the climate crisis, the acquittal of an Australian policeman in the murder of an Indigenous teen, and more

Miners protest in New York City in support of striking Warrior Met workers

Over 1,100 coal workers at the Warrior Met mine in Alabama have been on strike for four months. The protest in New York City was held to put pressure on Warrior Met’s largest shareholder, BlackRock Inc.