"We need to break the power of the World Bank over developing countries, as the divestment movement helped break the power of the Apartheid regime over South Africa; this is why we support the boycott of World Bank bonds."

-Dennis Brutus, Patron, Jubilee 2000 South Africa

The World Bank Bonds Boycott is an international grassroots campaign that is building moral, political, and financial pressure on the World Bank. The World Bank raises most of its funds by issuing bonds. Ordinary people, through their pension funds, labor unions, churches, municipalities, and universities are exerting pressure for change on the World Bank by refusing to buy its bonds.

The campaign links social movements in the global South which are challenging harmful World Bank policies with activists and networks in the North which are using the boycott to reclaim democracy at home.

The campaign demands an end to the World Bank's harmful "structural adjustment" policies; 100% debt cancellation; and an end to environmentally destructive projects, especially for oil, gas, mining, and dams.

Teamsters Join Boycott, Become 7th International Union to Endorse Campaign

OCTOBER 8 -- The International Brotherhood of Teamsters signed onto the World Bank Bonds Boycott on October 3, at a meeting of its International Executive Board.

The International Brotherhood of Teamsters, with 1.4 million members, is one of the largest labor unions in the world.

The Teamsters join six other international unions that have adopted the boycott, including the American Postal Workers Union (APWU), the Service Employees International Union (SEIU), the American Federation of Government
Employees (AFGE), the International Longshore and Warehouse Union (ILWU), the Communication Workers of America, and the United Electrical, Radio and Machine Workers (UE).

In addition to these international unions, the Wisconsin State AFL-CIO, 7 central labor councils, and several UAW, AFSCME and Steelworker locals have adopted the boycott.

Come to Washington Sept. 25-29, Protest the IMF & World Bank!

Washington, DC Teach-In, Sept. 25-27

A teach-in, "End Corporate Rule: Global Struggles Against the IMF and World Bank" will be held in Washington this week and will feature dozens of activists from around the world including Oscar Olivera, Ralph Nader, and Naomi Klein.

Mobilize for Global Justice!

The International Monetary Fund and World Bank are gathering in Washington, DC from September 25-29th. Join us for 5 days of marches, rallies, creative actions, workshops, trainings and teach-ins with voices of hope and dignity from around the world.