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BOLIVIA: Bolivia’s Morales rejects US domination
by Hal WeitzmanThe Financial Times
January 22nd, 2006
Evo Morales was sworn in on Sunday as Bolivia’s first indigenous president in a historic and emotional ceremony that set the tone for his new government, promising to move much the profits of Bolivia's natural resources to the people of Bolivia.

GHANA: World Bank Says No Excuses
Ghana Web News
January 1st, 2006
The World Bank Country Director, Mr Mats Karlsson, has stated that Ghana has no reason to complain about difficulties in managing its economy because it has all the resources for accelerated development at its disposal.

NETHERLANDS: ABN to Pay $80 Million for Violations
by Barnaby J. FederThe New York Times
December 20th, 2005
ABN Amro Bank, a global banking giant based in the Netherlands, has agreed to pay a total of $80 million in fines for violating regulations to prevent money-laundering, regulators and the bank said yesterday.

NEPAL: Nepal's Garment Industry Hangs by a Thread
by Jo JohnsonFinancial Times
December 19th, 2005
The pashmina bubble that buoyed the garment industry in the late 1990s has burst. Fashion trendsetters have moved on, leaving a glut of cheap Chinese knock-offs in their wake.

Brazil: Lula and IMF Agree to Renew $14bn Loan Program
by Raymond ColittFinancial Times
November 6th, 2003
The left-leaning government of Luiz Incio Lula da Silva, Brazil's president, agreed in principle with the International Monetary Fund on Wednesday to renew its expiring loan programme by one year.

MEXICO: Conference Draws 2,000 NGOs from 83 Countries
by Diego Cevallos
September 8th, 2003
This week's World Trade Organisation (WTO) ministerial conference in the Mexican resort of Cancun will also serve as a showcase and podium for nearly 2,000 civil society organisations from 83 countries, whose members have been flowing in by the plane- and busload.

Ethiopia: Prime Minister Hits Out at IMF
BBC
September 1st, 2003
Ethiopia's prime minister has hit out at continuing pressure from international financial organisations to push forward the country's privatisation process. Ethiopia has sold off part of some state enterprises, including 30% of the main telecoms operator.

Latin America: Churches Call for Alternative to Free Market
by Marcela ValenteInter Press Service
May 2nd, 2003
BUENOS AIRES-- Leaders of Protestant churches of Latin America, tired of alleviating social problems that they blame on neo-liberal free market policies, have decided to advance their own alternative proposals to governments and the multilateral lending institutions.

WORLD: Internal Review Criticizes World Bank Mining, Oil and Gas Projects
by By Emad MekayInter Press Service
April 2nd, 2003
The World Bank should revamp its lending policies for mining, oil and gas projects to avoid corruption, mismanagement and poor economic performance spreading in countries that rely on such industries, says a confidential study by the Bank's internal review body.

ARGENTINA: Leap in Unsafe Abortions
by Marcela ValenteInter Press Service
March 12th, 2003
Hospital admissions arising from unsafe abortions in Argentina rose 50 percent in five years, and multiplied by a factor of 2.5 in some provinces -- a lethal consequence of the economic crisis and soaring poverty.

Mali: Doubts Grow About Debt Relief
by Emad MekayInterPress News Service
March 10th, 2003
International creditors of Mali have agreed to cancel $675 million of its debt over time under a controversial debt relief scheme, rewarding the West African nation for its pro-free market economic restructuring plan, they say.

WORLD: The Planet is Running Out of Fresh Water
by Maude BarlowThe Guardian
February 26th, 2003
The private sector was the first to notice: the planet is running out of fresh water at such a rate that soon it will be the most valuable commodity on earth.

BOLIVIA: Citizens, Media Excluded from Bechtel Trial by World Bank Tribunal
WTO Info
February 25th, 2003
Citizens excluded from $25 million suit against Bolivia for company's failed water privatization scheme Washington, DC- The Bechtel Corporation was handed a powerful victory last week, when a secretive trade court announced that it would not allow the public or media to participate in or even witness proceedings in which Bechtel is suing the people of Bolivia for $25 million.

SWITZERLAND: Police Ward Off Protesters at World Economic Forum
by Alan CowellNew York Times
January 26th, 2003
DAVOS, Switzerland -- While participants in the World Economic Forum here debated the consequences of a possible war in Iraq, police officers with tear-gas grenades and water cannons mounted a huge security operation to keep protesters away from the delegates, who included Secretary of State Colin Powell.

INDONESIA: Protesters Challenge Price Increases
BBC News
January 15th, 2003

Hundreds of protesters in Palu, Central Sulawesi, threw rocks at the provincial headquarters of President Megawati Sukarnoputri's political party. Police fired off at least two rounds of warning shots.

There have been daily protests since the government increased fuel prices by 22% a fortnight ago as part of a package of economic reforms approved by the International Monetary Fund.


Argentina: Government Defaults on Internatioal Loan
BBC
January 15th, 2003
Argentina has failed to make a crucial $681m debt payment, dealing a further blow to hopes of an economic recovery.

Venezuela: World Bank Freezes Oil Loans
BBC News
January 10th, 2003

The World Bank has frozen the distribution of $225m in loans to Venezuela's oil industry until the country ''normalises''.


World: IMF Strong-Arms Debtors Despite New Lending Guidelines
by Emad MekayInterPress Service
December 10th, 2002
WASHINGTON, Dec 10 (IPS) -- Three months ago the International Monetary Fund (IMF) said it had adopted a new set of lending guidelines that would permit borrowing countries to take control of their economies like never before.

BRAZIL: Debt Takes Precedence Over War on Child Labor
by Ricardo de BittencourtInterPress Service
November 20th, 2002
Child labor has not yet been eradicated in Brazil due to cutbacks in social spending aimed at ensuring payments on the foreign debt, Social Watch, an international network linking non-governmental organisations from 60 countries, said Wednesday.

BOLIVIA: Time to Open Up Secret Trade Courts
by Jim ShultzPacific News Service
November 8th, 2002
Two years ago, rioters protesting increased water rates forced a Bechtel, U.S. company, in Bolivia to pack its bags and leave. Now, in a harbinger of the loss of local control through globalization, the corporation is striking back in secret proceedings.

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