Shihab was fabulously relentless and she kept on lying...the world bank does not care about the people. the evidence is in the poor, starving people whom they continue to try and extract from.
Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments eventually eat up the entire sum. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank
yahooovisitor.. now ask yourself the question. Is the fault really with the world bank for doing its part and choosing a policy of non-interference or is it the fault of the Pakistani government for mismanaging the resources?
This interviewer in this page is clearly against WB interventionist policies. He is clearly trying to elicit an affirmative response for his allegations.
I blame World Bank for not monitoring or auditing the loan for the project it has been sanctioned. If WB grants say $ 500 million it may keep 0.5% of it for regular monitoring/auditing to see the completion of the project loan has been sanctioned for. Because Pakistan is being ruled by the political filth ready to take out even the digested food from a common man's appetite. The political filth eats up the entire sum & forces a common man to pay it back in the shape of taxes leading to inflation
Yes, you have a point. But regardless, the solution to the problems that Pakistan and indeed all other third world nations face is their people. It takes a lot, perhaps even bloody revolution but still the presence of the corrupt system should not be a fault of the WB.
In Pakistan people living below the poverty level are 60% in one survey and above 10 million in another. Every year billions of $ are loaned/received as aid on this issue from the whole world. But the poverty struck people are going from bad to worse & worst condition due to the uncontrollable inflation. Where do these funds go? Its just evident that Pakistan's political filth eventually eats up the entire sum totally forgetting they are answerable for all this to Allah Almighty.
"I wonder how off topic you can get." I wonder how ignorant you are about the World Bank. Dont you know the history of the World bank and IMF? Did you know Paul Wolfwitz once headed this corrupt bank? The World Bank is a gangster outfit just like the IMF and the Federal Reserve. People should read more into this rationally rather than emotionally.
ehunter2, a word of encouragement even though cool aid drinkers here are trying to denigrate u. Please whenever u see these crooks that loot their country's money just about any where in the world pls pls pls use your camcorder and record them discretely and post the video in youtube and let's make it viral, that way, we can begin to expose these crooks. Just recently Nigeria spent $16 billion only on the power sector but the totality of this fund earmarked to provide power supply was looted.
I am trying to secure the video of d sham probe panel that investigated this loot & when i do i will post it on both youtube & google video so that the whole world will see how rich & how easy it is to steal money from Nigeria. It is a shame but the woman on this video d former minister of finance in Nigeria was removed even after helping Nigeria cut down her external debts to almost zero. She was removed b'cos she was a reformer & wanted to change things but d looters would not allow her.
I wonder how many warlords or governments in these 3rd world countries did the World Bank bribe to support certain nefarius activities. Like for instance halting growing criticisms against the state of israel or the US government.
This comment has received too many negative votesshow
Al Jazeera doesnt post "real news" it posts a highly selective set of fabricated videos to promote anti Americanism. The constant theme of all Al Jazeera videos
The best is how she argues for the World Banks agenda while bringing up how Nigeria (a country that is doing a lot better than Haiti) had to work on a non internationally subsidized plan and did well on its own.
I dont really undestand your line of argument, i guess it lacks basic reasoning and inteligence. This is an intellectual issue if you are novice there please shut up
Aid, globalization, etc whatever words it is they use to describe their game, ..it's all meant to entrap countries into a yoke of dependency, unpayable debts and ultimately destroy the very fabric of society. Stay far away from these parasites and you'll do well
Absolutely 100% correct. I dont want to give another cent to these shitholes. I certainly dont want their gratitude, and I dont care about their hatred.
Shibi...You are my hero!
rawimagefilms 1 year ago
Does anyone know why Shihab left CNN?I miss him!:-(
mira4611 2 years ago
Shihab was fabulously relentless and she kept on lying...the world bank does not care about the people. the evidence is in the poor, starving people whom they continue to try and extract from.
peacerebelgirl 2 years ago
Support Mrs. Ngozi for the Next Nigerian President!
zeho0002 3 years ago 2
This has been flagged as spam show
Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments eventually eat up the entire sum. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank
yahoovisitor 3 years ago
yahooovisitor.. now ask yourself the question. Is the fault really with the world bank for doing its part and choosing a policy of non-interference or is it the fault of the Pakistani government for mismanaging the resources?
This interviewer in this page is clearly against WB interventionist policies. He is clearly trying to elicit an affirmative response for his allegations.
MoolahMogul1 2 years ago
I blame World Bank for not monitoring or auditing the loan for the project it has been sanctioned. If WB grants say $ 500 million it may keep 0.5% of it for regular monitoring/auditing to see the completion of the project loan has been sanctioned for. Because Pakistan is being ruled by the political filth ready to take out even the digested food from a common man's appetite. The political filth eats up the entire sum & forces a common man to pay it back in the shape of taxes leading to inflation
yahoovisitor 2 years ago
Yes, you have a point. But regardless, the solution to the problems that Pakistan and indeed all other third world nations face is their people. It takes a lot, perhaps even bloody revolution but still the presence of the corrupt system should not be a fault of the WB.
MoolahMogul1 2 years ago
In Pakistan people living below the poverty level are 60% in one survey and above 10 million in another. Every year billions of $ are loaned/received as aid on this issue from the whole world. But the poverty struck people are going from bad to worse & worst condition due to the uncontrollable inflation. Where do these funds go? Its just evident that Pakistan's political filth eventually eats up the entire sum totally forgetting they are answerable for all this to Allah Almighty.
yahoovisitor 2 years ago
it looks like Shihab Rattansi has resigned from CNN and so has Richard Quest
mandala921 3 years ago
My comment below is met for EHUNTER2
ileya360 3 years ago
well i like her hat!
engengklangklang 3 years ago
"I wonder how off topic you can get." I wonder how ignorant you are about the World Bank. Dont you know the history of the World bank and IMF? Did you know Paul Wolfwitz once headed this corrupt bank? The World Bank is a gangster outfit just like the IMF and the Federal Reserve. People should read more into this rationally rather than emotionally.
xxashyy 3 years ago
I was in Geneva Switzerland last summer.
The streets are lined with Mercedes limosines
belonging to Arab and African dictators making deposits into their secret Swiss bank accounts.
ehunter2 3 years ago
ehunter2, a word of encouragement even though cool aid drinkers here are trying to denigrate u. Please whenever u see these crooks that loot their country's money just about any where in the world pls pls pls use your camcorder and record them discretely and post the video in youtube and let's make it viral, that way, we can begin to expose these crooks. Just recently Nigeria spent $16 billion only on the power sector but the totality of this fund earmarked to provide power supply was looted.
okwunugbo 3 years ago
I am trying to secure the video of d sham probe panel that investigated this loot & when i do i will post it on both youtube & google video so that the whole world will see how rich & how easy it is to steal money from Nigeria. It is a shame but the woman on this video d former minister of finance in Nigeria was removed even after helping Nigeria cut down her external debts to almost zero. She was removed b'cos she was a reformer & wanted to change things but d looters would not allow her.
okwunugbo 3 years ago
I wonder how many warlords or governments in these 3rd world countries did the World Bank bribe to support certain nefarius activities. Like for instance halting growing criticisms against the state of israel or the US government.
xxashyy 3 years ago
I wonder how off topic you can get.
blackxavior 3 years ago
MIND BLOWING JOURNALISTIC HONESTY
jinjobimboni 3 years ago
Wait till Obama is elected President..the First Lady will look like this, or will it be the Secretary of State?
ehunter2 3 years ago
hahhaha nice
guilleman9 3 years ago
Thank you Al Jazeera for posting real news, as opposed to "That thing Rachel Ray has on her neck"
theblackirish86 3 years ago
This comment has received too many negative votes show
Al Jazeera doesnt post "real news" it posts a highly selective set of fabricated videos to promote anti Americanism. The constant theme of all Al Jazeera videos
1. USA evil, selfish, corrupt
2. Pals innocent victims
3. Third World victism of capitalism
ehunter2 3 years ago
She sure looks like she is in dire straits,
how many hours in front of the mirror did this ignorant bitch spend primping for the cameras?
ehunter2 3 years ago
The best is how she argues for the World Banks agenda while bringing up how Nigeria (a country that is doing a lot better than Haiti) had to work on a non internationally subsidized plan and did well on its own.
theblackirish86 3 years ago
EHUNTER I couldn't have said it any better myself. She looks like she's eating for most of the continent. Peace
kelseysthecause 3 years ago
You are stupid & racist.
JonathanFrank 3 years ago
No, I am "racialist". I dont believe any race is superior, I believe that there are
racial differences THAT WILL NOT GO AWAY no matter how progressive, advances, and tolerant (ie. delusional) your thinking is.
ehunter2 3 years ago
I dont really undestand your line of argument, i guess it lacks basic reasoning and inteligence. This is an intellectual issue if you are novice there please shut up
ileya360 3 years ago
Aid, globalization, etc whatever words it is they use to describe their game, ..it's all meant to entrap countries into a yoke of dependency, unpayable debts and ultimately destroy the very fabric of society. Stay far away from these parasites and you'll do well
uchoob00 3 years ago
Absolutely 100% correct. I dont want to give another cent to these shitholes. I certainly dont want their gratitude, and I dont care about their hatred.
ehunter2 3 years ago
I did not note Shihab Rattansi has joined AJ from CNN. Always good to see him.
fallinus06 3 years ago
Another $6B in debt the poor nations will never be rid of. Putting food and energy in price competition is a foolish move - for everyone.
Nutrino2179 3 years ago