world bank

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, …

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 …

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 …

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, …