Holding the government accountable for its lack of preparedness is crucial. However, given the sheer scale of the impact of the climate crisis on the Global South, talking about adaptation has its limitations.
Mia Mottley, the prime minister of Barbados, has a plan to create a new financial system that would fund climate spending. She put forward the Bridgetown Agenda would suspend IMF debt payments for the poorest countries.
This volume is an insider's account of Greece's recent struggle to preserve the general welfare of its people in the fact of the belt-tighening demands of the managers of the international financial system. Reviewer Rensin offers an assessment.
Moroccan unions call for a 24 hour national strike on October 29 to protest cuts in pensions and subsidies for gasoline and fuel oil. These cuts have been demanded by the International Monetary Fund.
There is a growing impatience with austerity among public-sector workers, as the government prepares a budget for 2014 that will inflict a seventh year of spending cuts and tax increases. Irish governments have sought to control costs in response to the country's worst-ever property and banking crisis that started over five years ago. The country is obliged by its bailout with the European Union and International Monetary Fund to public sector spending and jobs cuts.
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