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Tag Archives: World Bank

Journalist Kim Ives on How Western Domination Has Undermined Haiti’s Ability to Recover from Natural Devastation

Shortly after Haiti was hit by a 6.1 aftershock on January 20, 2010, Amy Goodman and Kim Ives of Haiti Liberté report from the Port-au-Prince airport. Amy and Kim discuss how centuries of Western domination of Haiti has worsened the impact of the devastating earthquake, from the harsh reaction to Haiti’s independence as a republic [...]

Sovereign defaults top 2010 risk hitlist

The risk that deteriorating government finances could push economies into full-fledged debt crises tops a list of threats facing the world in 2010, according to a report by the World Economic Forum.
Major world economies have responded to the financial crisis with stimulus packages and by underwriting private debt obligations, causing deficits to balloon. This may [...]

“If there is one lesson that we can learn it’s this: We cannot return to business as usual.”

As the President continues to work on immediate job creation, he discusses his proposal for a new fee on the largest financial institutions to ensure that every cent of taxpayer assistance gets paid back. Saying that, “we’re not going to let Wall Street take the money and run,” he goes on to discuss the ongoing [...]

IMF to Haiti: Freeze Public Wages

What the world should be pondering instead is: What is Haiti owed?
Haiti’s vulnerability to natural disasters, its food shortages, poverty, deforestation and lack of infrastructure, are not accidental. To say that it is the poorest nation in the Western hemisphere is to miss the point; Haiti was made poor–by France, the United States, Great Britain, [...]

Economic Royalists on Wal*Street — Where’s FDR When You Really Need Him?

FDR became a charismatic folk hero, in no small part because he defined himself as the scourge of Wall Street: Roosevelt offered himself as the leader in a fight against the “economic royalists” who, he charged, “had concentrated into their own hands an almost complete control over other people’s property, other people’s money, other people’s [...]