Foreign debt
Kenya protests While Kenyans are protesting on the streets, US and IMF cheer President William Ruto’s ‘reforms’

Kenya’s Finance Act 2023, which has provoked country-wide protests by aggravating the cost of living crisis through taxes on basic commodities and incomes, is welcomed by the US because it will “give Americans safety on investing in the country”

The results are in after four years of the IMF agreement in Argentina

The entire loan was used to finance the foreign exchange crisis and did not help to fight inflation, stabilize the dollar or overcome inflation.

Blaise Compaoré convicted for the murder of revolutionary Burkinabé leader Thomas Sankara

The trial of Compaoré for the murder of revolutionary Thomas Sankara lasted six months and 100 witnesses testified against him and 13 others.

Protest in Lebabon Drivers and transport workers in Lebanon strike against government apathy

The striking workers blocked several major highways and roads demanding the government to reinstate past subsidies on fuel and other commodities in the face of spiraling inflation

What Fidel Castro means to us.

In honor of Fidel Castro’s birthday, Vijay Prashad writes about his legacy for the peoples of the Third World and his clarity in raising the primary crises facing humanity

Why should the Argentine government take over Vicentin?

Argentina’s elite has waged strong resistance to the possible state takeover of the Vicentin Agroindustrial Group, ignoring how this could contribute towards food sovereignty and help Argentina deal its foreign debt crisis

Laos has tackled COVID-19, but it is drowning in debt to international finance

Vijay Prashad tells the heroic and tragic story of how Laos has controlled the coronavirus pandemic but now faces an even more unforgiving adversary, foreign debt.

Adolfo Pérez Esquivel: “The United States has no allies, it has no friends, it only thinks of its economic interests”

Carlos Aznárez speaks with Adolfo Pérez Esquivel about the debt crisis facing Argentina and why Argentina should not pay

Rafael Correa terms prison sentence an act of political persecution

Rafael Correa was sentenced to eight years in prison on bribery and corruption charges. The former president condemned the verdict and called it a measure to prevent him from running in the 2021 presidential elections

Under COVID-19 stress, healthcare crumbles in neoliberal Ecuador

In the city of Guayaquil in Guayas, dead bodies, most likely victims of the pandemic, are piling up on streets as funeral services fail to collect them on time, forcing families to abandon them.

Dead bodies on the streets of Ecuador expose failure of the government amid pandemic

Lenín Moreno’s neoliberal policies, with cuts to health and prioritization of foreign debt, have caused a collapse in the healthcare system