The World Bank has come under fire for its private-sector investments to reduce poverty, which include funds to companies making TV guides, online shopping sites and croissants.
A Greek long-life croissant company has received a loan worth over $14 million, while the Indian company What’s On Media, is in line for an equity investment of $4 million to create a digital TV guide.
The New Internationalist is an independent bi-monthly not-for-profit magazine that reports on action for global justice. We believe in putting people before profit, in climate justice, tax justice, equality, social responsibility and human rights for all.
New Internationalist acknowledges the Traditional Owners of Country throughout Australia and recognises their continuing connection to land, waters and culture. We acknowledge that these lands were stolen and sovereignty was never ceded. We pay our respects to Elders both past and present.
© Copyright New Internationalist 1973-2026. Except where otherwise noted, content on this site is licensed under Creative Commons.
Except where otherwise noted, images on this site are © the attributed photographer/illustrator or representative agency.