Tag Archives: World Bank

Triangular Cooperation and the New Great Game

27 May

by Sasha / Earth First! Newswire

Millions Against Monsanto

The global March Against Monsanto took place in more than 50 countries last Saturday, with more than 430 simultaneous protests chanting down the walls of the 1%. The numbers are staggering: an estimated two million protestors turned out world-wide. Las Vegas saw over 2,500 protestors coursing through its arid streets. Five hundred marched in Anchorage, Alaska; thousands thronged the state capitol of California; rallies broke out throughout the US, raising the voice of dissent: “No more lies! No more greed! We don’t want your toxic seed!” From Vancouver to Buenos Aires; Durban to Stockholm; exuberant protestors danced and shouted for the downfall of Monsanto’s global empire.

The current round of protests in the US are linked to the recent “Monsanto Protection Act,” which makes it legal for Monsanto to sell potentially unsafe seeds in spite of judicial injunctions. But internationally, Monsanto is generating attention for increasing its stake in global agro-development. Monsanto has inserted itself into the new Scramble for Africa like a knife in the back of the starving poor. Its seeds have become the continent’s new blood diamonds.

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For a Future that Won’t Destroy Life on Earth, Look to the Global Indigenous Uprising

27 May

by Kristine Moe / Yes! Magazine

Melina Laboucan-Massimo stands next to logs from clearcuts at a proposed tar sands site north of Fort McMurray, northern Alberta, Canada. Photo by Jiri Rezac.

Melina Laboucan-Massimo stands next to logs from clearcuts at a proposed tar sands site north of Fort McMurray, northern Alberta, Canada. Photo by Jiri Rezac.

There’s a remote part of northern Alberta where the Lubicon Cree have lived, it is said, since time immemorial. The Cree called the vast, pine-covered region niyanan askiy, “our land.” When white settlers first carved up this country, they made treaties with most of its original inhabitants—but for reasons unclear, the Lubicon Cree were left out. Two hundred years later, the Lubicon’s right to their traditional territory is still unrecognized. In the last four decades, industry has tapped the vast resource wealth that lies deep beneath the pines; today, 2,600 oil and gas wells stretch to the horizon. This is tar sands country. Continue reading

DR Congo Waits On Funding For World’s Largest Hydropower Project

24 May

The existing Inga I dam on the Congo River. Photograph: Reuters

Cross Posted from The Guardian

The world’s largest set of dams has moved closer to construction, with the World Bank and other financial institutions expected to offer finance and South Africa agreeing to buy half of the power generated.

In the past 60 years French, Belgian, Chinese, Brazilian and African engineers have all hoped to dam the river.

But decades of civil war, corruption, and the Democratic Republic of Congo’s (DRC) reputation as a failed state have limited the hydropower developments at the country’s Inga Falls to two relatively small dams, built in 1972 and 1982. These, known as Inga 1 and 2, have a theoretical capacity of 1,400 megawatts but produce about half that.

A new $20bn (£13.2bn) development to generate a further 4,800MW was announced over the weekend in Paris, with work planned to start in October 2015. According to the DRC government, working with European and other consultants, five further stages at Inga Falls could eventually have a capacity of 40,000MW – equivalent to more than 20 large nuclear power stations.

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IMF Resistance: Mobilization Against the World Bank, D.C. April 15-17th

31 Mar

Call to Action for the Spring 2011 IMF/World Bank Meetings!

On April 16, 2000, twenty-thousand protesters besieged the spring meetings of the IMF and World Bank. In 2011 the IMF and World Bank are again meeting on April 16. Their previous schemes ended in failure, but the Great Recession, bailouts, and austerity have brought them back from the brink. On A16 2011 we will again confront the spring meetings of the IMF and World Bank. Everyone’s invited…

For More information Go To:

http://imfresistance.org/

or Email:
contact |at| imfresistance |dot| org