IMF

You Lazy (Intellectual) African Scum!

By NewsRescue • January 22, 2012

They call the Third World the lazy man’s purview; the sluggishly slothful and languorous prefecture. In this realm people are sleepy, dreamy, torpid, lethargic, and therefore indigent—totally penniless, needy, destitute, poverty-stricken, disfavored, and impoverished. In …

South Africa snubs IMF’s Christine Lagarde!

By NewsRescue • January 20, 2012

January 20, 2012
NewsRescue- According to CNN, IMF (International Monetary Fund) boss, Christine Lagarde received a rather chilly welcome from the South African government, when she visited this January. The global recession and a lack of …

World protests against IMF, World Bank and Nigeria subsidy removal

By NewsRescue • January 12, 2012

January 11th, 2012
NewsRescue- Protesters world wide denounce the IMF and World bank compelling Nigeria and other African governments to suddenly remove fuel subsidies. On January 1st, 2012 the president of Nigeria, joining governments of Ghana, …

Nigeria Fuel Hike Fuels Cause for Impeachment of President Jonathan

By NewsRescue • January 11, 2012

January 11th, 2012
NewsRescue- Growing anarchy in Nigeria secondary to the sudden and abrupt government increase in fuel prices and the resulting deadly riots and closing down of the Nigerian work sector, with estimated losses of …

There is a GLOBAL FAMINE

By NewsRescue • January 10, 2012

January 10th, 2012
The Riots are all about food!
NewsRescue- There is a Global Famine, happening right now. At the NewsRescue desk, we work to bring you the news you miss. The things you have to research …

‘Nigeria Fuel Riots are Not ‘Occupy’ Riots’

By NewsRescue • January 5, 2012

January 5th, 20012
NewsRescue- ‘The fuel hike riots in Nigeria are not ‘Occupy’ riots as you have in the United States and Europe’, Mr Agbati of Synthetic Nigeria says. ‘These riots are due to a single …

Fuel hike riots: Nigeria Cabinet to hold emergency meeting

By NewsRescue • January 4, 2012

January 4th, 2012
Bloomberg- Nigerian President Goodluck Jonathan called an emergency meeting of his Cabinet today to discuss the goverment’s scrapping of subsidies on fuel, Health Minister Onyebuchi Chukwu told Channels Television.
The Nigeria Labor Congress and …

IMF Forces African Nations to Remove Fuel Subsidies

By NewsRescue • January 1, 2012

January, 1, 2012
NewsRescue- Joining Guinea, Cameroon, Ghana and Chad, Nigeria on New Years day removed fuel subsidies in accordance with an order from the IMF (International Monetary Fund). This created a jump in the price …

Haiti A History Of Intervention Occupation And Resistance

By NewsRescue • February 2, 2010

February 2nd, 2010
Andrew Flood- As predictions for the death toll from the Haitian earthquakes rise over 200,000, ABC News have reported that planes carrying medical equipment and relief supplies are having to compete with soldiers …

Obama didn’t mention what US farm subsidies did to Ghana’s farmers- compete and ravage Africa’s agriculture

By NewsRescue • July 20, 2009

Related: NewsRescue- How The IMF-World Bank and Structural Adjustment Program(SAP) Destroyed Africa
July 20, 2009; NewsRescue- This analysis is from Aljazeera.net on Obama’s speech and  offering to Ghana, his offering contradicting his speech-
People cannot achieve …

How The IMF-World Bank and Structural Adjustment Program(SAP) Destroyed Africa

By NewsRescue • May 19, 2009

Herbert Jauch , Labour Resource and Research Institute
Structural adjustment programmes (SAPs) have been implemented in many ‘developing’ countries since the 1980s. They were designed by the International Monetary Fund (IMF) and the World Bank and imposed …

Summary of Nigeria IMF-SAP debt progression

By NewsRescue • July 30, 2008

1 In Nigeria, the Shagari civilian regime fell into the debt trap by 1983
2 A military coup was launched.The newly established Buhari-Idiabon regime was clearly unwilling to do business with the IMF. Buhari envisaged barter, …