The IMF debt trap and how to get out of it
Political Economist Grieve Chelwa explains the reasons why countries of the Global South are forced to go time and again to the International Monetary Fund for aid.
Sovereign debts, colonial roots: IMF and the engineering of a ‘permanent crisis’ in Africa
A dossier by the Tricontinental Institute for Social Research examines the role of the IMF and other institutions in perpetuating a “permanent debt crisis” in Africa and, broadly, the Global South, outlining ways to free countries from this neocolonial trap
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
University of Zambia employees on strike over unpaid salaries
For a decade, the government has been systematically under-funding the university, and has threatened the students’ and teachers’ unions for protesting.
- Capitalism is the greatest threat to public health, warn researchers and activists
- Palestinian President Mahmoud Abbas demands renewal of peace process, full UN membership
- Haiti and Kenya establish diplomatic ties as UNSC mulls deployment of controversial “security support mission”
- Syrian president visits China, seeks to increase economic cooperation
- Colombian government and FARC dissident group announce bilateral ceasefire
