Tag Archive "imf"

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BRICS Development Bank to Counter Western World Bank and IMF: Durban Meeting

Mar. 27, 2013 NewsRescue- The BRICS group of emerging economies in a meeting in South Africa, unveiled a new development bank, being set up to ...

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IMF: Ghana Removes Subsidy, Petrol Prices Jump; Nigeria Next?

Feb. 17, 2013 NewsRescue- The Ghanaian government has removed subsidies on gas resulting in a 20 percent hike in gas prices and 50% increase in ...

LOOTING NIGERIA

Robbing Africa: Two Decades of Nigeria’s Revenue Robbed By Western World

November 18th, 2012 NewsRescue- In view are three information pieces. Aljazeera’s report on the west robbing Africa, the Brown University Achebe African Colloquium, a meeting ...

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World Bank Responsible For Grand Corruption In Nigeria – Femi Falana

August 15th, 2012 By Femi Falana The World Bank has just issued a damning report which claimed that 80% of Nigerian businesses offer government officials ...

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

Herbert Jauch , Labour Resource and Research Institute, Namibia Structural adjustment programmes (SAPs) have been implemented in many ‘developing’ countries since the 1980s. They were designed ...

Hunger Crises in Burkina Faso, Chad, Mali, Mauritania, Niger, Senegal, Cameroon and Nigeria

February 18th, 2012 State of emergency declared in seven of eight governments in the Sahel due to food shortage NewsRescue-We have been reporting on the ...

Survey: Quarter Nigerian children go a day without food; same in India

February 17th, 2012 NewsRescue- Results from a survey conducted by Save the Children, an international NGO, reveal that 27% of Nigerian children sometimes go an ...

You Lazy (Intellectual) African Scum!

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 ...

South Africa snubs IMF’s Christine Lagarde!

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 ...

World protests against IMF, World Bank and Nigeria subsidy removal

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 ...

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