jump to content
In the Network: Media Co-op Dominion   Locals: HalifaxTorontoVancouverMontreal

IMF

warning: Creating default object from empty value in /var/alternc/html/f/ftm/drupal-6.9/modules/taxonomy/taxonomy.pages.inc on line 33.
September 2, 2009 Weblog:

IMF bails out Honduras Coup Regime with $150 million

3813318304_3ce4848a11_b.jpg

Reuters' Spanish service and Venezeuala's Telesur are reporting that the IMF granted US$150 million to the defacto regime in Honduras, which is now into into its third month.

Both reports stem from a press release by the Honduran Central Bank (BCH).

The BCH release reads (in part):

"At the initiative of the twenty industrialized and emerging countries (G-20), presided by the Prime Minister of England, Gordon Brown, the International Monetary Fund injects liquidity into the world economy and Honduras augments it's international reserves by $150.1 million."

The CBH release goes on to state that the money was received on August 28th. Telesur is reporting that the IMF will give another $13.8 million to the coup regime next week.

The IMF does not have an update on their Honduras page since before the coup happened. The BCH has not posted a press release in English since last year.

The only report on the payment in English thus far is posted on Iran's PressTV.

Photo of anti-coup protesters in Honduras by Sandra Cuffe. All translations above are unofficial.

May 12, 2009 Weblog:

26/04 Derrick Jensen on Washington IMF protest

WASHINGTON, D.C. - On Sunday, April 26th, 2009, a final march was held in protest of the International Monetary Fund and World Bank representatives' meeting. A weekend of demonstrations and direct actions was held to demonstrate people's anger at the policies of these financial institutions, as well as the recently allocated $1.1 trillion bailout to the IMF by the countries of the G-20.

Advertisement

All Topics

Want to receive an email notice when a new issue is online? Click here

The Dominion is a monthly paper published by an incipient network of independent journalists in Canada. It aims to provide accurate, critical coverage that is accountable to its readers and the subjects it tackles. Taking its name from Canada's official status as both a colony and a colonial force, the Dominion examines politics, culture and daily life with a view to understanding the exercise of power.

»Where to buy the Dominion

User login