People took to the streets of Accra for a three-day action under the slogan #OccupyJulorbiHouse to protest the rising cost of living and worsening economic conditions. Ghana is facing a severe debt crisis and has entered into its 17th loan program with the IMF, raising fears of further austerity measures 

Speaking at the UN General Assembly session, Cuban President Miguel Díaz-Canel stressed the need for “changes that can no longer be postponed in the midst of the unjust, irrational and abusive international economic order”

The Workers’ Party of Tunisia and the Italian leftist party Potere al Popolo said that Tunisia’s deal with the EU on migration and an upcoming agreement with the IMF are a “perfect pact between liberalism, authoritarianism and xenophobia” 

After police killed six protesters and arrested more than 300 on July 19, Kenya’s left and human rights group warned of a resurgent police state. Kenyans have been protesting President William Ruto’s Finance Act that increases taxes on essential goods

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”

At least 12 people have been killed and hundreds arrested in mass protests that have been rocking Kenya for over a week. A root cause of the anger is the doubling of taxes on fuel that will have a disastrous impact on the people who are already facing a cost of living crisis

In 1981, India’s government under Indira Gandhi approached the IMF for a loan. The conditionalities that were part of the loan set the stage for decades of ‘reform’ which would lead to a massive rise in inequality

The Workers’ Party of Tunisia and human rights groups have condemned an agreement between the government and European countries which seeks to end “irregular migration.” They say Tunisia will become a policeman for Europe and crack down on migrants

The Argentine vice president also called for coordination between public and private sectors to regulate strategic natural resources, and renewal of the democratic pact established after the last civil-military dictatorship

During Lasso’s two years in office, Ecuador has registered the highest annual inflation of the decade, the highest rate of homicide in seven years, mass migration, and unprecedented drug-related activities

A dossier and accompanying discussion hosted by the Tricontinental Institute for Social Research interrogates the vicious cycle of debt rooted in neocolonial extraction that continues to trap countries across the African continent 

As the people of Sudan continue to experience conflict and violence, the role played by international financial institutions is often ignored. Decades of IMF-imposed austerity policies and cuts on spending played a huge role in the deterioration of living conditions in the country