U.S. military use of IMF, World Bank
Wikileaks has proven time and again to release completely authentic documents. As of late they have published a report from the US military. It outlines the US armys unconventional military strategy in dealing with countries Washington considers adversaries.
The leaked document has been described as the US militarys regime change handbook. Essentially it points out how the US uses major global financial institutions, which are supposed to be independent, as weapons of war.
The information dates back to 2008 but has been highlighted by Wikileaks in light of the recent events in Venezuela. The NGO is also seeking to highlight the years-long US economic siege of Venezuela through sanctions and other types of economic warfare.
Organizations like the IMF give loans to countries when they are going through a cycle of economic turmoil. The loans come with pre-conditions on the nations economic policies. These conditions force governments to implement austerity measures, higher taxes, lower spending, which usually lead to a rise in anti-government sentiment and street protests.
Just like the IMF, the World Bank has also been criticized for lending money to nations with heavy conditions. These conditions focus on austerity measures that affect the poor and allow big corporations to flourish. Last year, the IMF gave another Latin American country, Argentina, more than 50-billion-dollars in loans. Argentines are still angry about the last loan deal struck with the IMF, one of the worst in history.
People in Argentina have staged regular protests against another government deal with the IMF. The Argentines can feel the austerity measures on the horizon: cuts to social assistance, subsidies and employment levels. Just to name a few.
Iran slams G7 statement, vows no iota of doubt to respond to aggression
German authorities arrest Jewish activist over pro-Palestinian demos
Far-right Israeli minister calls for execution of Palestinian prisoners
VIDEO | Time to halt military operations in besieged Gaza: Italy
President Raeisi: Iran to make Israel rue 'slightest attack'
US, UK imposes new sanctions on Iran over retaliation against Israel
Storm aftermath exposes chaos in Dubai after UAE hit by record rains
VIDEO | Israel’s humiliation
This makes it easy to access the Press TV website
