The World Social Forum opened in Tunis on March 24 with a big march through the streets of the capital, to finish at the Bardo Museum. The forum goes on until March 28. The CADTM, actively part of the WSF since the beginning, is present with a large delegation of more than 40 people from Belgium, France, Switzerland, DRC, Benin, Camerun, Ivory Coast, Togo, Niger, Mali, Senegal, Congo, Morocco, Haiti, Argentina, India et Pakistan. The CADTM organizes or co-organizes a dozen workshops on (...)
The World Social Forum is taking place this year in Tunis (Tunisia) from 24 to 28 March. The CADTM, which has been an active organiser since the beginning, has sent a forty strong delegation coming from nineteen different countries and four continents. Members from Belgium, France, Switzerland, Spain, DR Congo, Benin, Cameroon, Ivory Coast, Togo, Niger, Mali, Senegal, Tunisia, Burkina Faso, Congo, Morocco, Haiti, Argentina, India and Pakistan will be present. This strong presence is the (...)
Thanks to the “Swiss leaks” HSBC is back in the news. But they are not alone, other banks including UBS, have also organised large-scale tax frauds and evasion. UBS, which had to be saved from failure in October 2008 by massive injections of Swiss public money, was involved in the LIBOR manipulation scandal, the currency markets manipulation scandal (UBS is the subject of several inquiries by controlling authorities in Hong Kong, US, the UK, and in Switzerland) and the abusive sale of (...)
Help to produce the follow-up to the acclaimed “The end of poverty?” which CADTM co-edited.
As the chasm between haves and have-nots has continued to widen, we realize that now is the time to make the follow up film to THE END OF POVERTY ?.
Series : Governments submit to “Too Big to Fail” banks (part 8)
Because of the policies of the central banks and the governments, the economies of the industrialised countries have fallen into what J. M. Keynes named a ’liquidity trap’. While central banks inject liquidity into the economy and lower interest rates, the banks and big corporations prefer to keep the cash available and/or use it to speculate.
Series : Bretton Woods, the World Bank and the IMF: 70th anniversary (Part 13)
The supposed South Korean success story has been achieved thanks to policies that run contrary to the economic model advanced by the World Bank. Far from being a virtuous accumulation of wealth through the advantages of free-market forces, the economic development of South Korea came about by “a brutal primitive accumulation achieved by the most coercive methods, in order to produce virtue by force” (J-P Peemans).
The Incorruptible at the Vouli: a major figure of SYRIZA
by Adéa Guillot
It is far into the night in Athens, on Wednesday 4 March 2015. All is quiet in the deserted corridors of the Vouli, the Greek Parliament, except in the lobby of Zoe Konstantopoulou’s office. It is well past 11 p.m., yet several people are still waiting to meet the young woman who was elected (...)
HSBC India mired in controversies after the Swiss Leaks
by Sushovan Dhar
Following the Swiss Leaks implicating HSBC of actively promoting money-laundering and tax-heaven, the bank has hit the global headlines, but for wrong reasons. The trove of secret documents from HSBC Geneva reveals names of account holders and their balances covering over 200 countries for an (...)
In Tunis, the social movements come together for a better World
by CADTM international
The World Social Forum is taking place this year in Tunis (Tunisia) from 24 to 28 March. The CADTM, which has been an active organiser since the beginning, has sent a forty strong delegation coming from nineteen different countries and four continents. Members from Belgium, France, Switzerland, (...)
Why should the Greek debt be audited?
by Eric Toussaint
The President of the Greek Parliament, Zoe Konstantopoulou, has set up a commission to audit the Greek debt and has asked me to play an active part in it. I have accepted to assume the scientific coordination. This commission was launched on 17th March 2015 in Athens.Recently the Athens (...)
The Speaker of the Greek parliament launches a debt audit commission
The Speaker of the Greek parliament, Zoé Konstantopoulou, has announced during a press conference on 17 March 2015 the creation of a commission to audit the Greek debt. The scientific coordination of the commission will be led by Eric Toussaint, Spokesman for CADTM and a member of the Ecuadorian (...)
The workers and the Solidarity Assembly of VIOME call for international solidarity
The workers of VIOME in Thessaloniki, Greece, have stood up against unemployment and poverty by carrying through a long struggle to self-manage the occupied factory, in very adverse conditions. For two years now, they have been producing and selling ecological cleaning products at the occupied (...)
Bangladesh—A Model of Neoliberalism
The Case of Microfinance and NGOs
by Anu Muhammad
In 2006, a few months after the Nobel Peace Prize for Muhammad Yunus and Grameen Bank was announced, I was visiting Germany. Quite understandably, I found nonresident Bangladeshis overwhelmed with joy and pride about the prize. Many Germans, including left academics and activists, looked at it (...)
A discussion on the “Sustainable Program for Debt Restructuring in Portugal”
by Daniel Munevar
The purpose of this article is to discuss the salient points of the proposal recently presented by a group of Portuguese economists to restructure public debt in Portugal. The authors present a “Sustainable Program” (SP) to address the debt overhang of both the public sector and the financial (...)
NO BORDER : Brussels Police sentenced for compensation and moral damage
Five No Border activists had the courage and determination to cite the Belgian State and the Brussels Police zone before the Court of First Instance. It is their preventive and abusive arrests, violently carried out in a climate of widespread repression that they wished to see condemned. Their (...)
International Conference Debt, Common Goods and Domination- Resistance and Alternatives towards Well-Being (Buen vivir)
22-24 of April 2015, Buenos Aires Capital
by CADTM AYNA
The problems of public debt, dependence and imperialist domination are within the main reasons of impoverishment, inequality and plundering in Latin America and the Caribbean as well as in other regions; especially, when taking into account that the system of debt is linked to the current mode (...)