Meeting: Interviews Available
- June 17 -
NJOKI NJOROGE NJEHU, www.50years.org
Director of 50 Years Is Enough Network, Njehu will be in Cologne with other members
of the Jubilee 2000 movement. "So far the proposals the G-7 have put forward are
woefully inadequate," she said. "They are still maintaining adherence to IMF structural
adjustment programs as qualifying criteria for countries to receive minimal levels
of debt relief. We want food, medicine, shelter, schools that work and clean water...
The international Jubilee 2000 movement and people in impoverished countries have
called for debt cancellation by the year 2000... Thousands will be in Cologne
on Saturday [June 19] to deliver this message to G-7 heads of government. The
debts must be canceled."
MARIA LUISA MENDONCA, firstname.lastname@example.org,
Director of the Brazil Program for Global Exchange, Mendonca said: "Brazil sends
more money to the World Bank than it receives. The IMF and World Bank are busy
encouraging the government of Brazil to protect foreign investors and speculators
while unemployment is 20 percent and rising; 400,000 small-scale farmers lost
their land in the last four years; and salaries have remained stagnant for the
past five years. The G-7 meeting holds no promise of positive change for Brazil's
poor and working-class majority."
ELLEN FRANK, email@example.com,
Associate professor of economics at Emmanuel College in Boston, Frank said: "The
economic policies that G-7 countries have -- through the IMF -- forced on the
developing countries do benefit some groups in the United States. Multinational
corporations are big winners since they reap huge profits from the resulting lower
prices of raw materials, even as they charge the same prices for finished products.
But small businesses and most workers are hurt by the global instability: export
markets have collapsed for many goods, and wages have fallen worldwide."
WILLIAM DARITY JR., firstname.lastname@example.org
Darity, professor of economics at the University of North Carolina in Chapel Hill,
said Thursday: "Every one of the G-7 countries has a problem of inter-group, race
and/or ethnically based employment, income and social status disparities. Illustrating
the continuation of the 'last hired, first fired' phenomenon for African Americans,
it took years of sustained economic growth in this country to make inroads on
black youth unemployment. Similarly, Germany's Turkish and other immigrant workers,
France and the U.K.'s African, Middle Eastern and South Asian workers, Japan's
Korean workers and Canada's non-white workers are in the same position as minority
workers in the United States. But the G-7 leaders focus exclusively on commercial
policies and they refuse to challenge the economic interests of the groups who
benefit most from those policies."
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