Friday, November 19, 2010

The IMF is Coming - Look Busy

Despite numerous protestations by Ireland's beleaguered leaders, the IMF is in Ireland for talks about the future of the country.

Whilst these talks take place, here is some food for thought. Recent action by the IMF has included:

- In Pakistan, where people are suffering the impacts of massive flooding, the IMF has required government to end energy subsidies, increase fuel and electricity tariffs and increase regressive excise and sales taxes.

- In Jamaica teachers and other public sector workers have not received negotiated reimbursements of salary arrears.

- In Romania as part of a 2010 bail-out loan, public sector wages were slashed by 25% and pensions by 15%.

Here's a recent analysis of IMF crisis lending.

Saturday, November 13, 2010

Aung San Suu Kyi Released

After spending 15 of the last 21 years under house arrest, Aung San Suu Kyi has been released. Following months of negotiations, the pro-democracy leader and world icon was set free. But under what conditions?

Will the military allow her the freedoms necessary to play the important role expected of her in a country in transition, namely freedom of movement and expression? Will she be allowed remain in the country and participate in politics? Will she be allowed to challenge the long standing power and position held by the military?

Most importantly, will all political prisoners now be released? Governments of the world and the mass media may be satisfied with the liberation of Aung San Suu Kyi alone but there remains over 2000 others imprisoned for opposition to an oppressive regime.

Hopefully, her speech on Sunday will give an insight into the future of Burma/Myanmar and its people.