Sean Kuti slams IMF austerity in new album – le mag

Seun Kuti and his band Egypt 80 have been giving fans a taste of their new album with the release of the video for the opening track ‘IMF’.

With lyrics like “My people are coming for what’s ours” and “Breakin’ the chain”, the Nigerian musician takes a stab at the International Monetary Fund.

“Twenty years ago, IMF was an African devil, only Africans understood the evil of IMF. Europeans didn’t see. Austerity was an African thing, but now austerity is a worldwide phenomenon. Everybody understan…
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Portugal: Anti-austerity protesters occupy government ministries

It was the final straw for some in Portugal.

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It was the final straw for some in Portugal.

As parliament passed the 2014 budget on Tuesday, paving the way for more cuts, austerity-weary trade unionists occupied four government ministries for several hours in protest.

Public sector workers are set to face salary cuts of up to 12 percent as well as reductions to their pensions.

“I am nearing retirement and, after 40 years of working, I don’t think I will have enough of a pension to live on. It’s really borderline,” said one elderly woman.

Some marched to parliament, denouncing what will be a third straight year of austerity. The government says cuts are “inevitable” as it struggles to reduce the deficit but many on the sharp end are not convinced.

“They drive people to despair, suicide and starvation,” said another elderly woman. “It can’t go on like this. This is not what the people wanted.”

The opposition has vowed to challenge some measures in the Constitutional Court. But the ruling centre-right coalition is determined to satisfy Portugal’s international lenders and avoid having to ask for a second bailout.

 

Thousands of Greeks mark 40th anniversary of student uprising, protest against austerity (PHOTOS)

Thousands of Greeks mark 40th anniversary of student uprising, protest against austerity (PHOTOS)

More than 16,000 Greeks marched through the streets of Athens on Sunday to protest against austerity and mark the 40th anniversary of the student uprising against the former ruling military junta.

  The annual march comes as Greece reels from its sixth year of  recession. European Union and International Monetary Fund (IMF)  lenders are set to begin a new round of talks to decide whether  to throw more money at the southern European nation. 

  The crowd gathered in front of parliament in Syntagma Square,  waving banners which read, “IMF, EU out!,” in reference to  the bailouts that Greece has received from both bodies in return  for harsh austerity measures.  

  The crowd shouted, “Don’t bow your heads” and “Never  again fascism,” in reference to the military rule which took  place between 1967 and 1974.