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Tag: Africa: World Bank

Africa, Politics

World Bank declares itself above the law

NOVANEWS World Bank Pete Dolack The World Bank has for decades left a trail of human misery. Destruction of the environment, massive human rights abuses and mass displacement have been ignored in the name of “development” that works to intensify neo-liberal inequality. In response to legal attempts to hold it to account, the World Bank has declared itself above the law. At least one U.S. trial court has already agreed that the bank can’t be touched, and thus the latest lawsuit filed against it, attempting to obtain some measure of justice for displaced Honduran farmers, faces a steep challenge. Regardless of the ultimate outcome of legal proceedings, however, millions of people around the world have paid horrific prices for the relentless pursuit of pr...