The Whole World has said NO to the Honduran coup. Even the United States which for decades supported right wing dictatorships has agreed so. Amazing, we all breathe a sigh of relief that Democracy will be supported in Latin America.
Because we understand and know that
the United States has invaded or interfered in more than 50 countries in the last century and draws a dark portrait of US interventions, the most recent having occurred in Haiti in 2004 and Venezuela in 2002. The latest demonstration of U.S. hegemonic intent: the agreement between the United States and Colombia to establish seven military bases in this country sharing a border with, amongst others, Ecuador and Venezuela.
United States Involvement in the Coup in Honduras
Then we read: IMF bails out Honduras Coup Regime with $150 million
Last week the IMF announced it would make available $250 billion in Special Drawing Rights - essentially a line of credit - to countries around the world for confronting the global economic crisis. Included in that figure was $163 million destined for Honduras.
The Honduran desk officer for the IMF in Washington and a spokesperson from the External Relations Department told us by telephone that the Special Drawing Rights are not available to the coup regime and that any release of funds would require a decision by all 186 member countries of the IMF.
However the media in Honduras is reporting that the coup regime does have access to these funds. Partners in Honduras feel that it is important to push the IMF to issue a press announcement publicly stating that the IMF has suspended funds to the coup regime, including Special Drawing Rights.
The IMF External Relations representative said that if they receive an avalanche of emails, they will issue a press release. Please help us to generate that avalanche! Send an email to the IMF today!
Thank you for your solidarity with the people of Honduras at this critical time. Honduras already struggles under an enormous debt burden and the impact of IMF imposed structural adjustment policies. We need to make sure that the IMF does not burden the people of Honduras with even more illegitimate debt by extending Drawing rights to the coup regime.
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