G20 “trillion” dollar magic trick To great fanfare, the G20 announced a $1.1 trillion global package, which will actually deliver less than half that amount in new or guaranteed resources. Meanwhile issues of fundamental economic reform were left off the...
Editorial – Amandla! Issue No. 7 April/May 2009The ANC will win the 2009 election, albeit with a reduced majority. The split from the ANC, the Congress of the People (Cope), while disappointing many that had hoped they would strip the ANC of its mass support and...
By Eric Toussaint – Damien Millet The G20 summit meeting in London from April 1st onward was loudly announced and publicized. Those 20 industrialized and emergent countries (G20) are meeting to find solutions to the crisis. But long before the end of the summit,...
by Damien Millet, Éric ToussaintThe international crisis that broke in summer 2008 demolished all the neo-liberal dogmas and exposed the deception behind them. Unable to deny their failure, the World Bank and the International Monetary Fund claim they no longer uphold...
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