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IMF May Withhold $164 Million Allocated to Honduras

Source: CEPR

IMF spokesperson Bill Murray indicated today that the Fund may not allow the de facto government of Honduras to have access to $164 million dollars that it was allocated on August 28.

Rebeca Santos, Finance Minister for the constitutional government of President Manuel Zelaya of Honduras, told CEPR that their government had received assurances from the IMF that the de facto government would not be allowed access to these funds.

When asked if he could confirm this, Mr. Murray indicated that he could not officially do so, but also said "you should go with what you were told" by the Finance Minister. read more

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Root Causes of Somali Piracy: Nuclear Dumping and Seafood Looting

Somali Pirates Board Ship
There has been a lot of discussion in the media about how to address piracy off the coast of Somalia. Much less attention has been given to the complex sources of political turmoil, poverty and pollution that have led many Somalis into piracy. In order to prevent more violent hijackings, Washington needs to understand the root causes of piracy. For years, foreign shipping companies have been dumping nuclear waste off the coast of Somalia and looting the country's fishing industry. Many of Somalia's "pirates" initially organized to defend their coast against this pollution and robbery.

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Joining Forces: Toward Freedom and COA News Combine Efforts

We are excited to share the news that Currents of Awareness (COA) News has merged with Toward Freedom. This merger will allow Toward Freedom to grow and expand its coverage and resources. TF will continue its regular publishing schedule and focus at TowardFreedom.com while drawing from COA's Independent News Affiliates Network. COA News and Toward Freedom have been collaborating for years, and this merger is a continuation of that solidarity and teamwork.

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‘The End of America,’ Liberty: Use It or Lose It

A look at the compelling new documentary based on Naomi Wolf’s book of the same name.

The "End of America," a compelling new documentary by award-winning filmmakers Annie Sundberg and Ricki Stern in collaboration with best-selling author Naomi Wolf received some love today in the New York Times:

The pointedly inflammatory film, adapted from Naomi Wolf’s book "The End of America: A Letter of Warning to a Young Patriot," compares the Bush administration’s attempts to discourage dissent and to wield increasingly unchecked power to the events preceding the establishment of 20th-century dictatorships in Germany, Italy, Chile and elsewhere. Without explicitly invoking the word, it implies that since 2001 the United States has drifted toward fascism in the name of fighting terror. read more