Latin America
Related: About this forumProfiting From Genocide: The World Bank's Bloody History in Guatemala
By Cyril Mychalejko
Source: Truthout
Sunday, March 10, 2013
This well-documented accusation surfaces as the Central American nation becomes the first country in the Americas to try a former president for genocide and crimes against humanity in a domestic court. But the prosecution of war criminals and the accusations against International Financial Institutions (IFIs) have so far done little to protect vulnerable communities from the ongoing expansion of mining, oil and other economic interests invading their territories and violating their human rights.
"Generating Terror," the Jubilee Debt Campaigns report issued in December, examines how international lending and debt by IFIs such as the World Bank and the IDB helped legitimize Guatemala's genocidal regimes of the late 1970s and early 1980s and essentially subsidized their terror campaigns.
"The lending of Western States and banks and the multilateral banks they control (importantly including the World Bank, International Monetary Fund (IMF) and Inter-American Development Bank) was an important element in sustaining the long period of military rule which followed the coup against President (Jacobo) Arbenz in 1954," the report states. "Particularly worrying, however, is the very dramatic increase in lending that coincided with the highest waves of terror, which reached genocidal proportions in the late 1970s and early 1980s."
Full Article: http://www.zcommunications.org/profiting-from-genocide-the-world-banks-bloody-history-in-guatemala-by-cyril-mychalejko
Judi Lynn
(160,542 posts)If not, at least the attention the truth is getting from the perserverance of the people of Guatemala should FINALLY generate enough awareness world-wide that the people of the world's perception is going to go through some rapid change.
Even the most casual reader on Guatemala's massacre would have to have noticed the direct connection between the massacres and what happened to the land immediately after they were tortured, terrorized, and slaughtered in the most filthy, sadistic ways, ways which were planned to send shocks throughout the country to others enough to paralyze them with fear, and neutralize any resistance.
Pure evil.
This is such an intense subject. To be able to envision real justice any time soon is an answer to the deepest, and most anquished prayers, hopes, unrelenting, heartbroken suffering, grief of millions and millions of people.