Tag: World Bank

After 1945, the U.S. dollar emerged from the ashes and rubble of World War II to grant the U.S. significant geopolitical leverage.

U.S. Treasury Secretary Janet Yellen called on the World Bank and other international lenders to support developing countries.

The U.S. government buys up wheat in boom production years to provide a secure price floor for American farmers, and then sends the excess food to poor countries as bilateral aid.

The United States has long dominated the World Bank, in both its formal and informal governance.

The sanctions will be immediate, sharp and painful, in a country where Black people produce and control nothing.

The vacuum left by the G-20 will leave the world’s poorest nations battered by COVID-19 and with a fraction of the wealth required to revive themselves.

China must know that where our lives and livelihoods are concerned, no country, regardless of how powerful it may be, can intimidate us Africans ever again.

For countries like the U.S. to continue its imposition of economic sanctions against some of the weakest countries on the globe is to show their inhumanity and indifference to the suffering of innocent civilians.

This is a grand rigging by the West through arm-twisting and arm-breaking of the Zimbabwean economy.

Maintaining sanctions on Zimbabwe when the country has taken a reform trajectory not only shows the insincerity of U.S. concerns, but reveals a more sinister agenda.

If ... the World Bank surrenders to the onslaught of the U.S. president ... it will not only discredit itself ... but will also open the way for U.S. pressure on other international organizations.