
Autumn 2005
Vote forTrade Justice!
Ballot on the Beach atBrighton 26 Sept
CambridgeWDM joined thousands of other anti-global poverty campaigners from aroundthe
The Votefor Trade Justice rally was organised by the Trade
Justice Movement, acoalition of aid agencies,
environment & human rights campaigns, fair tradeorganisations,
trade unions and faith groups supported by over nine millionpeople
in UK, including WDM, Christian Aid, Friends of the Earth and the
L to R:
BrettonWoods 60 Years on
60 glorious
or notoriousyears?
In 1944, theWorld Bank and IMF (International Monetary Fund) were
set up by the richcountries to manage the postwar global economy. 60 years on they have builtthemselves a stranglehold on poor countries
knowinglymaking decisions
that lead to poverty and environmental devastation on amassive
scale. The Bretton Woods agreement led directly to
Third World Debt.
On10
July2004, hundreds gathered in London to discuss what the future of theseinstitutions should be. Mark Curtis, new Director of
WDM, called for a step upin the campaign to reverse
corporate globalisation and pursue democraticalternatives.
He said the existing alliance of global justice organisationsneeds to work in unity to raise the
profile of this campaign. Shamali Guttal,from Focus on the Global South, declared that
‘tinkering’ with the currentsystem was not enough. It
needs an entire overhaul of World Bank and IMF to makethem
fair democratic global institutions.
John Maynard Keynes –his
brilliant idea for an international clearing union to balance inequalitybetween nations was defeated at Bretton Woods.
The systemset up at Bretton Woods run
by the World Bank and IMF has led to unpayableindebtedness
between nations. For more see:
TradingServices Away
Learning
about world traderules.
More than 50 people attended WDM’sregional conference in Cambridge on 22 May to hear :-
* Labour Euro-MP Eryl McNally on EUsubsidies to
sugar farmers and its ill effects
* academic David Margolies on the marketideology
driving GATS which produces devastating effects on higher education
* WDM's Christina
Parsons on why economicliberalisation is not always
good for development
* Marlene Barrett on
effective lobbyingof MPs and Debra Dilcock on working with trade unions and local
authorities(both of WDM HQ).
Plus WDMmembers telling of their own campaigning
successes over the past year.
CHASTE - Churches Alert to SexTrafficking Across Europe
For more see www.chaste.org.uk
CambridgeWDM contributes to debate on IMF & World Bank
Beth Fitzsimmons, Chair of
Cambridge WDM, attended the launch of the InternationalParliamentary
Petition (IPP) at the House of Commons on the
Cambridge WDM Meetings
If you’d like to campaign forjustice for the world’s poor, why not join us at our
meetings? New members arewelcome
– at 7.45pm on the third Wednesday of each month.
2004
20 Oct at Ray’s
17 Nov at Helen’s
15 Dec atAidan & Clare’s
2005
19 Jan atBeth’s
16 Feb at Frank’s
16 March atPat’s
SueWoodsford, HonSec
14 Chesterton Hall Crescent Cambridge CB4 1AP
Tel No 01223 – 562983 or see website