[Nyeleni Infopost] Fwd: [Nyéléni] Neue Ausgabe des internationale Nyéléni-Newsletters: Widerstand gegen die Bedrohung durch die globale Finanzwelt

[Nyéléni.de]

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Betreff: 	[Nyéléni] New Nyéléni edition: Resisting the threat of global 
finance
Datum: 	Tue, 17 Jun 2025 11:57:34 +0100
Von: 	Nyeleni newsletter <newsletter-en at nyeleni.org>
Antwort an: 	info at nyeleni.org
An: 	Newsletter-EN at nyeleni.org


        The new edition of the Nyéléni newsletter is online!




    *Resisting the threat of global finance, building food sovereignty *
    <https://nyeleni.org/en/category/newsletters-nyeleni-in-english/newsletter-no-60-resisting-the-threat-of-global-finance-building-food-sovereignty-coming-soon/>



        *The new edition of the Nyéléni newsletter is online! *

/Illustration: This illustration was created by members of 
Tricontinental’s art department, for the dossier no.88: Africa’s 
Faustian Bargain with the International Monetary Fund 
<https://thetricontinental.org/dossier-faustian-bargain-imf-africa/>. 
The artwork illustrates the Faustian bargain that all African countries 
have to make, which comes at a cost to their financial, industrial, 
agricultural, and political sovereignty./

The 3rd Global Nyéléni Forum is set to take place in Sri Lanka this 
September. Sri Lanka is a deliberate choice: in 2022, a people’s 
uprising—known as Aragalaya—ousted a corrupt neoliberal regime that had 
plunged the country into a severe debt crisis and societal distress.

Of Sri Lanka’s staggering US $57 billion external debt, about 32% is 
owed to multilateral financial institutions such as the Asian 
Development Bank, World Bank (WB), and International Monetary Fund 
(IMF), and another 28% is owed to the Paris Club. Nearly a quarter of 
the government’s revenue is spent on repaying foreign creditors, and 
much of this debt comes with conditions that promote the privatization 
of public services and the commodification of land and natural resources.

Sri Lanka is not alone. Twenty African countries are facing debt 
distress and nearly half of the world’s population lives in countries 
that spend more on debt repayments than on public services. 
International financial institutions (IFIs) have reconfigured national 
budgets and financial architecture such that the interests of finance 
capital take precedence over the well-being and health of people and the 
planet. A global pushback is necessary to build food sovereignty and 
resilient agroecological food systems.
  At a recent dialogue hosted by the Committee on World Food Security, 
the Civil Society and Indigenous Peoples’ Mechanism emphatically noted 
that there can be no food sovereignty without financial sovereignty! 
This edition of the newsletter delves into some of the salient issues 
related to this and proposals for a push-back.

/Focus on the Global South and La Via Campesina/

/Click here to download the English edition (pdf)/ 
<https://nyeleni.org/DOWNLOADS/newsletters/Nyeleni_Newsletter_Num_60_EN.pdf> 
or read it directly on the website 
<https://nyeleni.org/en/category/newsletters-nyeleni-in-english/newsletter-no-60-resisting-the-threat-of-global-finance-building-food-sovereignty-coming-soon/>! 


For any further information, contact info at nyeleni.org - www.nyeleni.org 
<https://nyeleni.org/en/homepage/>
*Circulate it!*


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-- 
Emanuela Russo
Coordinator of the international /Nyéléni Newsletter /
on Food Sovereignty

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