The president also announced a government reshuffle within the next 48 hours and the issuance of presidential pardons to dozens of imprisoned Hirak protesters
The ongoing political and economic crisis in Lebanon has been exploited by the French government for the fulfilment of its larger political and economic objectives in the region
A statement signed by former Brazilian president Dilma Rousseff and Indian Kerala State’s finance minister Thomas Isaac, among others, highlights the inadequacy of the measures announced recently by the G20 and IMF to postpone debt repayment
According to the Lebanese Red Cross, 48 protesters suffered injuries during Sunday’s protests and 11 were hospitalized
As the crisis in the global economy deepens, international bodies and agencies are proposing debt restructuring plans for the developing economies. However, many creditors have been reluctant to accept the possibility
While Haiti’s widely despised, US-backed government officially promotes social distancing to suppress Covid-19, the stark reality is that most of the population is likely heading toward herd immunity, where many must get infected in the street rather than die by hunger at home.
Iran had requested a USD 5 billion emergency loan from the IMF last month to help its fight against the coronavirus pandemic. The US claims the money will be used to fund terrorism in the region
Workers demanded adequate support from the government and protection from the economic distress caused by the lockdown. The countrywide shutdown has left a large number of people in the country without work
The law authorizes the Minister of Economy to renegotiate the conditions of the payment of the foreign debt taken during the administration of former president Mauricio Macri
Pakistan’s healthcare system is suffering from chronic under investment, worsened by the current privatization drive imposed by the IMF and carried out by the government of Imran Khan
The outcome of the election, now scheduled on February 23, has a lot on stakes, including the state’s control over Nigeria’s oil.
The marches against the austerity policies of the Mauricio Macri began on January 10 under the banner of the Trade Union Front for the National Model. Water, electricity and gas rates are in the process of being massively hiked in order to meet IMF requirements on deficit