128
Death to the IMF
Finance imperialists when people have had enough of their shit: 
from an accidental duplicate post i made:
for context, a finance bill was brought by Ruto's government to bring in austerity measures, mainly by increasing taxes - initially including 16% sales tax on bread and 25% duty on cooking oil - to reduce national debt with notable pressure from the IMF.
protestors have been notably agitated as Ruto was voted on a platform of increase the wealth of the poor, leading to relatively large protests in Kenya and especially in Nairobi.
anyways death to the IMF
now that's how you storm a capital
if it ain't burnin', no one's learnin'
Notably everybody didn't immediatly go home the first time there was a singular actual negative consequence.
Have any countries actually just said "We're not paying you back" to the IMF? I assume they'd be kicked out of trade organizations and whatnot but I'm curious if that might not be a better option...
See Correa, Rafael:
https://www.cadtm.org/Ecuador-s-poisoned-loans-from-the-World-Bank-and-the-IMF
Interesting, so according to the articles there was no substantive backlash from the IMF/World Bank, though Lula's Brazil did exert enough pressure that they gave in on that specific bilateral debt. Still, the takeaway seems to be that it's definitely viable.
Out of curiosity, it claims that's a 3-part series but I can't find part 3. You know if it exists?
Sorry I have no clue whether or not it exists or not. It might be on the French side of the internet because the author is French, but I'm not sure.
No problem, thanks for the interesting read!
Thanks, I'll give it a read later!
Ecuador during the 2000's/2010's, but I think Argentina and Brazil helped Ecuador so there was no backlash
Members of the CPK are reporting that there have been 8 martyrs due to this thus far.
Statement by the Communist Party of Kenya: https://www.blackagendareport.com/index.php/unmasking-rutos-betrayal-and-mobilizing-kenyas-sovereignty-and-justice
CPK’S TIME HAS COME!!
You might say, the high-finance equivalent of the guys who come to break your legs.
Ambassadors and high commissioners from countries including Britain, the U.S. and Germany said in a joint statement they were deeply concerned by violence they had witnessed during recent anti-tax protests and called for restraint on all sides.
Americans shut the fuck up about Tax Protests.
Kenya deserves it for what they did to Haiti
Kenyans don't
This is a revolt for Kenyans, by Kenyans, against a comprador western bootlicking government that is giving up their sovereignty. Yes, Kenyans deserve this and it's high time they stood up for themselves and began de-colonization, I'm happy for them. This is a beautiful occasion
this post was submitted on 25 Jun 2024
128 points (100.0% liked)
news
23571 readers
688 users here now
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
founded 4 years ago
MODERATORS