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USA: Activists Target IMF Meeting

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Debt Help Activists who took part in the massive protests at the World Trade Organisation meeting in Seattle last year are arriving in the US capital this weekend for a fresh wave of demonstrations.

In 2003, Nstor Kirchner became president, managing to suspend Argentina's debt to the IMF and negotiate better terms. In 2006, the country paid off its entire IMF debt (its debts to private investors, however, dollar headache). Over the last three years, Argentina's economy has made a resounding comeback. Although inflation continues to be a threat, foreign investment is slowly returning.

Counseling Debt Their target in Washington is the spring meetings of the Bank and International Monetary Fund, which begin next Sunday. The protest campaign against the sister institutions begins tomorrow with the launch an international campaign to persuade corporate investors not to buy World Bank bonds.

Most of the 22 companies met or performed better than Ofwat's required targets. Folkestone and Dover Water was commended for its performance, after it beat its target of 8. d by nearly 5%. Conversely, four companies failed to hit their targets with Thames Water and Severn Trent Water named as the worst offenders. United Utilities, west England, and Southern Water also failed to meet targets to a less serious degree.

Consolidation Consumer Debt Thousands of people are expected to take to the streets as the week unfolds.

However, no state has met the target for physical activity, eating fruits and vegetables daily, and flu and pneumonia vaccines, - Colorado, Hawaii, - have met the target for lowering obesity.

Debt Settlement Although the official organisers have promised non-violent protests, fringe groups marshalling their forces over the Internet are preparing for violence.

There will be an important meeting of New Jersey college and high school student environmental activists this Sunday (March 16th) in Newark. 4 pm at St. Benedict's High School (directions below). Attend the meeting to participate in creating a New Jersey student environmental justice movement. The purpose of the meeting is for NJSSC activists to create a practical vision for our movement, inspire each other, and get out there and act locally! Food will be provided. Please attend!

Debt Free The city police force has bought $1 million of riot gear, and 1,500 officers have watched videos showing how their colleagues lost control of the 'Battle of Seattle'. There, more than 580 people were arrested and $10 million worth of property was destroyed as armoured cars were deployed.

determined impact of rising interest rates and oil prices. The meetings are paying particular attention to Africa as proposals for more assistance and debt are at the core of an economic summit Britain will host in July. year high of five percent last year. Tchane heads the IMF's Africa department.

Consolidation Debt Service The arriving activists will head for a Jubilee 2000 rally today to press the case for immediate debt relief for the world's poorest countries. Other rallies will take place during the week, with the biggest planned for Sunday.

Company Consolidation Debt The World Bank receives 80 per cent of its money from publicly-traded bonds, claims the US Transnational Resource and Action Center, a group backing the campaign. It blames the bank's policies for 'the greater impoverishment of the poor and the destruction of the environment across the globe', said spokesperson Julie Light.

Consolidation Debt Online The price of IMF and World Bank help for developing countries is reduced government spending on services such as health and education, trade liberalisation and privatisation. Critics say such policies benefit multi- national companies and corrupt officials rather than the poor. And they hold the bank and the fund responsible for the slow pace of debt relief.

Consolidation Debt Free Even before its launch, the 'Boycott the Bank' campaign says several US investors, including Trillium Asset Management and the city of Berkeley, California, not to buy the bonds.

Debt Problem 'The World Bank tells developing countries they can't have money unless they agree to make changes. We'd like investors to say the same thing to the bank,' said one campaigner. The boycott follows criticism of the IMF and the bank by the US Congressional International Financial Institution Advisory Commission. Most members called for vast cuts in both institutions.

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