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World Bank


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From: The Socialist issue 667, 20 April 2011: United action to defend NHS

Search site for keywords: World Bank - War - Food - University - Students - London - Sri Lanka - Fees

News in brief

World Bank unease

On the eve of the recent Group of 20 (G20) meeting of finance ministers and central bank governors in Washington - set against a backcloth of a fragile world economy - the World Bank said rocketing food prices have created "a toxic brew of real pain contributing to social unrest."

The bank's president called on the G20 governments to 'reduce volatility' (ie speculation) in food prices and to improve food security. The World Bank estimates that an additional 44 million people worldwide (ie whose income is less than $1.25 a day) have fallen into extreme poverty as a result of food prices rising by an average of 36% in the last year.

It was escalating food prices that contributed to the social uprisings in North Africa and the Middle East in recent months. Significantly, the World Bank pledged new loans amounting to $500 million to help stabilise the weak interim Tunisian government - the country which sparked the so-called Arab Spring.

War crimes

A leaked United Nations report into the culmination of Sri Lanka's civil war in 2009 reveals "credible allegations" of war crimes perpetrated by the ruling regime of president Rajapakse.

Up to 50,000 civilians were slaughtered in the last months of the 26 year-long war, mainly by shelling from Sri Lanka's armed forces, including the deliberate targeting of hospitals.

Many civilians were raped and tortured. The report also blames the separatist Tamil Tigers for using civilians trapped in the war zone as human shields.

The report appears to confirm the authenticity of video footage aired on news media last year purporting to show summary executions of Tamils captured by the Sri Lankan military.

The right-wing Rajapakse regime has used the defeat of the Tamil Tigers to consolidate its grip on Sri Lanka by clamping down on all opposition, targeting socialists, journalists and NGOs by using paramilitary thugs.

Crisis at the Met

The Youth Fight for Jobs campaign offered its full solidarity and support to the students and employees of London Metropolitan University, whose management announced plans to cut 70% of its courses, while raising fees for some of the few courses remaining to a punitive £9,000 a year.

London Met vice-chancellor Alfred Morris has crowned a history of ham-fisted profit-chasing (which has seen the university penalised millions of pounds for ignoring government regulations in what the media have called a student intake 'scam'), while at the same time being faced with an unprecedented 'grey listing' by academic workers' union the UCU for its moves to cut hundreds of jobs.

London Met management should listen to the voices of its students and employees and continue to provide a full range of courses, taught by fully paid and fully trained staff.

It is unacceptable that the governors of the university are passing the consequences of their own failings on to students and lecturers; these governors should resign.

Edmund Schluessel





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Related links:

World Bank:

triangleGlobal food prices: anger erupts in mass protests

triangleBush's man at the World Bank in corruption scandal

trianglePrague anti-capitalist protest Fight For Socialism

trianglePrague 2000 - Take direct action - End Profit System

War:

triangleFilm review: 'Cocaine Unwrapped'

triangleReview: We must look - the photographs of Don McCullin

triangleSalford Socialist Party: Report from Socialist Party congress

triangleThe 'Kony 2012' phenomena

Food:

triangleThem & Us

triangleClimate change and extreme weather

triangleTragic effect of recession

University:

triangleDemo against cuts at Salford university

triangleUCU joins 10 May strike - student solidarity needed

triangleBrighton Uni: Socialist Students five votes from victory

Students:

triangleStrike at Sussex Downs College

triangleGood result for Socialist Students candidates in NUS elections

triangleNUS conference Support for left and for action

London:

triangleNational TUC demonstration: 'A future that works'

triangleNational Shop Stewards Network (NSSN) 6th annual national conference

triangleHackney Socialist Party: Perspectives for the USA

Sri Lanka:

triangleMullivaikal 2012 - Solidarity with the Tamil people

triangleMullivaikal 2012: Workers' unity against Rajapaksa regime

triangleTamil Solidarity 20 April Day of Action

Fees:

triangleFight Welsh universities' fees hike

triangleYouth Fight for Jobs demonstration against education cuts

triangle£9,000 student fees: we won't pay!