[pf] USA: One-year-"OLD" history - Protests have really grown

[note date in dateline WASHINGTON.   D.]

Date: Tue, 29 Aug 2000 06:55:20 -0400
Subject: US, One year "OLD" history - Protests have really grown
From: Andreas Rockstein <.-.-.@gmx.net>
To: antiimf2000@egroups.com
Sender: worker-a-infos-en@lists.tao.ca
 ________________________________________________
      A - I N F O S  N E W S  S E R V I C E
            http://www.ainfos.ca/
 ________________________________________________

> From: AStA FH Duesseldorf <john.dunn@fh-duesseldorf.de>
WASHINGTON, Sept 26 (1999)(AFP) - Demonstrators converged on the
headquarters here of the International Monetary Fund on Sunday to denounce
policies they said have impoverished much of the developing world.

 An estimated 50(!!!) protestors rallied as the IMF's policy-making interim
committee, made up of member country finance ministers, were holding their
twice-yearly meeting.

 "For 20 years now the IMF and the World Bank have been imposing their
structural adjustment programs on impoverished countries that run into debt
problems," said Njoki Njoroge Njeheu, director of 50 Years Is Enough, the
coalition that organized the demonstration.

 "Those policies -- which mandate things like currency devaluation, cuts in
social programs, cuts in credit, hikes in interest rates, increased exports
of scarce resources and  commodities, elimination of subsidies for the poor
and local businesses, and scuttling of trade regulations -- have succeeded
only in impoverishing Africa and large chunks of Latin America, the
Caribbean and Asia."

Demonstrators dismissed a joint World Bank-IMF debt relief initiative for
the world's poorest nations, the subject of intense debate here, as "far
too little, far too late."

The IMF has been harshly criticized by humanitarian organizations and by
some academic and religious leaders for its insistence on macroeconomic
reforms at the expense of measures to reduce poverty and preserve social
spending.

The Fund appears to have heeded some of the criticism. In its official
documents here it is beginning to stress the need to promote both growth
and poverty reduction.


   -----------
   neolib list, email address:
Subscribe:    neolib-subscribe@onelist.com

   URL for list:
http://www.onelist.com/community/neolib

                ********
       ****** The A-Infos News Service ******
      News about and of interest to anarchists
                 ******
   COMMANDS: lists@tao.ca
   REPLIES: a-infos-d@lists.tao.ca
   HELP: a-infos-org@lists.tao.ca
   WWW: http://www.ainfos.ca/
   INFO: http://www.ainfos.ca/org

-To receive a-infos in one language only mail lists@tao.ca the message:
                subscribe a-infos-X
 where X = en, ca, de, fr, etc. (i.e. the language code)


- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
sent on to Positive Futures by David.
(David MacClement) davd@ihug.co.nz 
http://www.emucities.com.au/member/davd/index.html#top
******************************************************

___________________________________________________________
T O P I C A  The Email You Want. http://www.topica.com/t/16
Newsletters, Tips and Discussions on Your Favorite Topics