As world financial leaders gather in Washington DC for the annual joint strategy meetings of the World Bank and International Monetary Fund, Christian Aid is calling for an urgent rethink of the World Bank’s approach to tackling energy poverty.
As the World Bank reels from the Wolfowitz scandal and Tony Blair steps into the shadow of Prime Minister-in-waiting Gordon Brown, rumours abound that he is on the list to head up the international loans institution.
Staff and critics of the World Bank have reacted with fury to the news that controversial chief Paul Wolfowitz, accused of corruption, will leave at the end of June 2007 with the official blessing of the Bank's Board.
A Catholic aid agency is calling on the World Bank board to demand President Paul Wolfowitz’s resignation in the wake of his alleged role in securing a promotion and a substantial pay rise for his partner.
Campaigners from across the UK will visit all 26 European embassies in London today to protest against free trade deals they say will have a devastating impact on millions of the world's poorest people.
UK chancellor Gordon Brown and other finance ministers at the Group of Seven (G7) rich nations meeting which opened tyesterday in Essen, Germany, must fulfill their two-year-old promise to stop international financial institutions imposing damaging economic policies on developing countries, according to Christian Aid and other church-related development NGOs.
International development agency Christian Aid and leading British Muslim magazine, Q-News, have teamed up to host a special screening of Bamako, a powerful film about the devastating effects of World Bank and IMF policies imposed on African countries, at the Curzon Cinema, Mayfair, London on 12 February 2007.