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The way the World Bank’s ‘Payday Loans’ Are Increasing Dire Water Shortages in Latin America

The way the World Bank’s ‘Payday Loans’ Are Increasing Dire Water Shortages in Latin America

In midst of worldwide warming’s frightening and growing droughts, increasing shortages of water resources in Latin America are increasingly being exacerbated by World Bank (WB) million-dollar loans to unstable governments hopeless to go up away from poverty by attracting international companies to exploit their irreplaceable normal resources. & Most utilize millions of gallons of water to complete it whether or not it is fossil-fuel fracking needing 2,500,000 gallons per fine or gold/silver corporations dumping cyanide as well as other death-dealing chemical compounds into waterways which millions be determined by for consuming, home usage, irrigation, or fishing.

The WB’s hand is mixed up in latest trend for corporations exhorting—and extorting—African governments such as for example click here for more info Zimbabwe to set up pre-paid water meters. As you correspondent noted recently:

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