In late May Yorongar Ngarlejy, a Presidential candidate and outspoken opponent of the World Bank-backed oil pipeline in Chad, was arrested. A press release from Survie, a French human rights NGO, and the German group Urgewald, called for finance institutions such as the World Bank to use their leverage and to condemn in the strongest possible terms the continuing violent and illegal actions by the Deby regime and to halt “all activities related to the Chad-Cameroon Oil Project until conditions are established that will allow this project to benefit the Chadian people.”
In the news
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).