New Orleans There’s an old saying that the sun shines on an old dog’s, how shall I say this, hind quarters, eventually, and that’s about how often we agree wholeheartedly with mega-billionaire Bill Gates, but when it does shine on his rear end, we should all have the grace to acknowledge it. While we’re just …
Tag: World Bank
Shaming the World Bank to Put its Mouth Where Its Money Is
New Orleans The World Bank, a joint financing project invariably led by an American, but amalgamating many countries resources for major, and sometimes controversial, public works and other investments in developing countries particularly, is big bucks. If you want to build a power plant, a dam, a railroad, or anything in the billions, your country’s …
Remittances Increase from USA, Progress on Disclosures, and Pushback from MTOs
New Orleans I badly want to say that there is finally progress in the United States on remittances, which are financial transfers from immigrant families, migrant workers, and others to their families and communities back in their home countries. The Wall Street Journal reported that the volume of money being remitted has in fact gone …
Western Union and Money Mart Lobby Up to Fight Remittance Justice
New Orleans Finally, the big-time money transfer organizations and the gazillions in predatory profits for moving money for migrant workers and immigrant families are at least hearing our footprints coming after them in the distance. Several months ago Ontario NDP Member of Parliament Jagmeet Singh introduced a bill we had collaborated in writing under the …
Remittances and a New World Bank President
New Orleans The president of the World Bank, one of the premier world credit and developmental financing institutions created at Breton Woods, serves a 5 year, renewable term, and is currently occupied by former USA Trade Representative Robert Zoellick, appointed by George W. Bush. Traditionally the post has been held by a US citizen because …