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Less Bank, More World

After two days of hot protest and 1,300 arrests, anti-IMF/World Bank activists can claim a decisive victory. Ten, 15, maybe 20 thousand determined young protesters have forced the officials of the IMF/WB into a never-before-seen political retreat: an avalanche of statements and communiques promising more accountability, more sensitivity and more attention to the needs of the Global South. ItÕs almost certainly a feint, but even so it means progress in tearing down facade that the IMF and World Bank are aiding the Third World.