A participant in a rally in support of Ukraine’s integration with the EU, on Kiev’s Independence Square. The self-proclaimed government in Kiev is reportedly planning to cut pensions by 50 percent as part of unprecedented austerity measures to save Ukraine from default. With an “empty treasury”, reduction of payments might take place in March. According to the draft document obtained... 

The World Bank has put off a 90-million-dollar loan to Uganda, citing a new anti-gay law in the East African country that has already drawn criticism from the US and Europe, which control the global lending institution. “We have postponed the project for further review to ensure that the development objectives would not be adversely affected by the enactment of this new law,” claimed a... 

Over the last decade, America has quietly expanded its military presence throughout Africa in an attempt to counter Chinese and other emerging nations’ influence, while consolidating control over critical strategic resources and trade routes. The United States, like its allies Britain and France, has long maintained influence and indirect control in Africa through financial institutions such as... 

US President Barack Obama has called on the National Security Agency to halt spying on the headquarters of the International Monetary Fund and World Bank in conjunction with a review of surveillance activities, Reuters reported. A US official told the news agency that President Obama curbed the spying within the last few weeks, around the same time he told the NSA to stop eavesdropping on the United... 

Countries classified today as developing will dominate global savings and investment in less than a generation, according to the World Bank. India and China are forecast to provide 38% of the total investment by 2030. In 17 years time developing countries will provide for more than 50% of the total global stock of capital, up from about 33% they do today, the World Bank said in its Global Development... 

Every indication clearly suggests that authorities in the United States are preparing for widespread civil unrest. This trend has not emerged by accident – it is part of a tried and tested method used by the banking elite to seize control of nations, strip them of their assets, and absorb them into the new world order. There is a crucial economic imperative as to why the elite is seeking to engineer... 

To most of the people who will end up reading this, it should come as no surprise that most, if not all, of the politicians that are paraded around in front of us are just representatives for the elusive ruling class that sits behind them. The ruling class controls the various branches of governments through think tanks and international policy organizations such as the Council on Foreign Relations,... 

A tourist spot in Mozambique The World Bank has warned that due to global warming a number of coastal countries in the world such as Bangladesh and Mozambique are to disappear over the next century. According to the report prepared by the Potsdam Institute for Climate Impact Research (PIK) and Climate Analytics, the World Bank warned climate change, which is causing global warming and sea level rise... 

Indian labourers work in a field of Jatropha in the village of Hassan, some 250 kms from Bangalore. Jatropha, a wild shrub that grows abundantly across India, has been hailed as an eco-friendly solution to the energy needs. 2 million kilometers of foreign purchased land in developing countries is either idle or used for Western biofuel production, according to a British charity. Oxfam’s report... 

The West is mercilessly criticizing the Argentine government for a policy of debt reduction, maintaining of solvency and promotion of local producers. All this is because the country did not resort to the loaded assistance by the IMF or World Bank. Now many Argentines believe that the events of 2001 are being repeated, but the situation is still far from the dead end like in Europe. Argentine President... 

Anti-government protesters shout slogans in the Romania capital Bucharest on January 19, 2012. Romanian police have fired teargas canisters at demonstrators protesting against the government’s austerity measures in the Romanian capital Bucharest. On Thursday, the police arrested about 50 people, who allegedly threw bricks and bottles and other materials at them. Earlier on the day, thousands... 

Protesters waved Romanian flags with holes in them, symbolising the 1989 anti-communist revolution. Police officer seriously injured after resignation of Palestinian-born doctor over health reforms sparks mass protests. Romanian police have fired tear gas and clashed with protesters during an anti-government rally in the third consecutive day of demonstrations against austerity cuts and worsening... 

The World Bank assessment suggests that Thailand economic growth will shrink to 2.4% from the previously projected 3.6%, following the recent flood in the country, Press TV reports. Experts believe it will probably take a year of hard work and billions of dollars before Thailand fully recovers. The cost of flooding is estimated to be around $43 Billion, but the amount is expected to rise further due... 

Robert Zoellick, the head of the World Bank, on Saturday decried Germany’s lack of leadership during Europe’s sovereign debt crisis. Speaking to business magazine Wirtschaftswoche, Zoellick said Chancellor Angela Merkel’s government had no vision of how to solve the problems of the 17-member eurozone. “There has been a lot of political bumbling, but the economy and the markets need direction... 

March 4: President Obama gestures while speaking at Miami Central Senior High School in Miami. Leading advocates for the world’s poorest and hungriest are urging President Obama not to “overreact” to recent spikes in food prices, particularly by imposing export bans on U.S. agricultural products. In its February report, the World Bank noted “sharp increases” in the global prices of wheat,...