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      People march in Thessaloniki, Greece on March 8, 2023.

      'It's Not an Accident, It's a Crime': Thousands March for Justice After Greek Train Disaster

      The deadly collision "has further brought the negligence and corruption of the Greek government under scrutiny, and rightly so," said DiEM25. But "it was the E.U. and its institutions who forced Greece to sell off public utilities for a pittance."

      Kenny Stancil
      Mar 08, 2023

      Tens of thousands of people marched throughout Greece on Wednesday—amid a nationwide walkout organized by labor unions and student associations—to demand accountability and reforms in the wake of the country's deadliest train disaster, which has been attributed to austerity imposed from abroad.

      The February 28 crash that killed 57 people and injured another 72 has sparked public outrage over the deteriorating quality of the rail network. As Reutersreported, "Striking workers say years of neglect, underinvestment, and understaffing—a legacy of Greece's decade-long debt crisis—are to blame."

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      International Monetary Fund managing director Kristalina Georgieva speaks at an event.

      After Repeated Interest Rate Hikes, IMF Warns a Third of World Will Suffer Recession in 2023

      With the world's three largest economies slowing down, said the IMF managing director, economic conditions will "feel like recession for hundreds of millions of people" this year.

      Julia Conley
      Jan 02, 2023

      After numerous warnings in recent months from economists and economic justice advocates alike that repeated interest rate hikes could help send the world into a recession, the International Monetary Fund is warning that a third of the global economy will likely face a downturn in 2023.

      With the world's three largest economies—the United States, European Union, and China—"all slowing down simultaneously," IMF Managing Director Kristalina Georgieva toldCBS's "Face the Nation" Sunday, "even countries that are not in recession, it would feel like recession for hundreds of millions of people."

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      Demonstrators protest fossil fuel funding at the British Embassy in Jakarta.

      G20 Nations, Banks Spent Nearly Twice as Much Financing Fossil Fuels as Renewables

      "It is well past time that public finance dollars are spent to remedy fossil fuel colonialism by funding real solutions," asserted one of the lead authors of a new report.

      Brett Wilkins
      Nov 01, 2022

      Group of 20 nations and major multilateral development banks spent nearly twice as much financing international fossil fuel projects as they did on clean energy alternatives during a recent two-year period, a report published Tuesday by a pair of green groups revealed.

      "Right now, G20 countries and MDBs are overwhelmingly using their international public finance to prop up fossil fuel companies and prolong the fossil fuel era."

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