could not have been accomplished without the newly received loans the last loan agreement between ghana and the i.m.f. was in two thousand and nine for the sum of six hundred two million dollars at that time the country experienced some fiscal slippage is and depletion of its international reserves which was a combination of increased public spending but also. the side effect of the global financial crises so we had the reduction of reserve of the central bank the increase of the deficit there was a need to. provide some financing. to crises and had to authorities. to make a balance of. ghana's dept exploded to a new record high reaching fourteen point six billion dollars we talk about credit facilities as if. it doesn't have to be paid back but our children and

grandchildren will have to pay his debt and i think it's almost like selling the family silver. you do you can get it back. finance led economic management has been they. and their religion of african listened. and every so-called group is seen as a success which therefore should feed that process even. one of the fastest growing economies not just in africa but in the world last year. one of the effects of that is that you so you wouldn't you would think that if a color is growing it has greater independence it has greater space. and resources to invest in the things that it needs to you know economy and transform the conditions of his people i mean that's it was what any logical thinking would be however in our case that is not what is happening.

around the room. after finishing her chores in the morning comfortable county prepares her grandchildren for school she is a primary school teacher at paga a small agricultural community in northeastern ghana. was.

this is the primary school every tree is a classroom bearer two hundred ninety one children studying here while. i. was there. many of them have to walk at least five kilometers to get here was a little was there. was. the second largest gold producer in africa cannot provide classrooms to thousands of children. in ghana four thousand schools have no facilities the lessons like here take place under the trees.

we do house structure. we are teaching under three s. and because of that there is no in effect if teaching and leno. especially when ever it is threatening to rain will have to run home when did that she's sharing the same problem it would in the snow or dad not being effective teaching and then in the course of the sun when it is hawt. feel confortable to learn and they teach i feel comfortable to teach. me. no toilets no place materials. and other infrastructure. to decided. to school and i'm not a problem as what a problem. we don't have what. so anomalous about three kilometers or four clintons for the top will drink the water and when it's voted to school

there are no reasonable containers for us to sort it. because of what they did a government will always complain and promise but nothing has been the. one of the i.m.f. conditions to sign the loan agreement of two thousand and nine was a cut in public sector spending gammas education system has been affected dramatically. well. in order for the government to reach its goals for deficit reduction it decided to cut almost thirty one million euro from the education sector. the building of new classrooms and facilities would have to wait. the government's absence is covered by the community members who raise money in

order to build classrooms in any way they can. miss comfort was a leader of this afeard and invested all her savings. really. i. was more like oh my god i have decided to mobilize the. p.t. to help me with some money to put up a classroom i've used my own money in addition to this current amount that was contributed by the community members to put up one classroom block who. i was. and now some of the. lemon in that one classroom and the other classes sit in on the trees. yes. so whenever it is raining even if it is threaten to rain we dismiss

the. dr yunus rooms india rain and then when it is boring much this nor should. we all get that in one classroom we can use in lots and thanks reforms to. the recruitment freeze in the public sector another one of the i.m.f. stipulations for signing the loan agreement had an instant impact on the quality of ghana's education system. according to the country's education department in order to cover the teacher shortage alone in primary schools thirty three thousand one hundred eighty five teachers are needed this is something that will never be approved but. you're. here in northern ghana there is one

trained teacher like comfort for every one hundred seventy. five students. i know you look at you. and again the inhabitants try to do whatever they can on their own they can teaching positions are covered by parents or volunteers. that. they're like. the only way. we have my own interesting problem because of the. war and they can provide chilling with nutritious food. when the look on plane. and there is that ad. that's. this school and many. end of fun but obvious souls for education and.

it's not enough to cover all of this the they did disclose that on the trees so that the good in some but redo in fort meade. or tenure and the owner has promised to do it but definitely it come to help us. from some of the sixteen percent of imports came from illegal fishing. the european union is ironically taking fish from some of the poorest nations on earth so this is a very serious and very urgent problem that needs immediate international action. on foot they enter our territorial waters they fish they load this fish on to the

ships and leave for europe. to day illegal fishing just taking the bread out of our are mouths . syria is in collapse western backed rebels have either been routed or on the run

saudi supported jihad it's now prevailed in rebel held territory civilian populations terrorized meanwhile assad remains in power with this military into what's next for syria. to see street to street. strategic. undercover team of journalists trying to release wiki leaks documents is about zero the united states is trying. more pro-american they encounter fear ignorance and pressure. the country blocks the way to information freedom. media stuff. i wonder if we can add democracy at least the expansion of democracy of the kind us dollars by george w.

bush to that at least a few token ideologies on par with communism on par with nazis long par with militant relayed gents you know the ideologies that can also make to lead to an increase in violence i think the problem is the idea that by military force you could keep up the government create a state of anarchy and hope that democracy would spontaneously.

i've. lived. lives league league live live . when i return home from school i read

a little and then go to the river to get water then i go to the forest to gather wood and then i cook. or i have a lot of chores and can't study during the day i usually study at night. that i study with a flashlight because the community has no electricity. it's difficult studying that way. sometimes someone needs a flashlight and i have to wait until they finish. and that makes it difficult for me to study. and i wish we had electricity's so i could study comfortably. in the future i want to

become a useful person. i want to become a nurse. so . citizens of the new state of god gather all the celebration marking their day of freedom from colonialism what was once the gold coast a british colony now becomes an independent commonwealth vice president and mrs nixon represent the united states at the three day festivities and native dances and games mark an event of historic importance since gonna becomes the first big

roll call of me in africa the game its freedom. in one thousand nine hundred fifty seven ghana gained its independence from the english ever since there has been a love hate relationship with the i.m.f. . from one thousand nine hundred sixty six five governments have received loans power has changed hands many times after so many coups. the first to approach the i.m.f. in one thousand nine hundred sixty five was ghana's first president and independence leader. as a marxist he was quick to reject the funds conditions he was overthrown a year later. but in many countries the red primate battle plan has prayer. and drama rama and

brandon. a big old rule or about a country. the national liberation council government that came to power signed the loan agreement with the i.m.f. and accepted the conditions. the economy made a spectacular rebound and at the same time product prices increased. but kick our exports did not yield the expected revenue in one thousand nine hundred eighty one after the fun's recommendation the currency was devalued by forty six point eight percent there was a wage freeze and taxes were increased. a year later general a chum pong for through the government. that governmental

general election. unilaterally. decided not to pick the debts that's gonna government to that and if it was a little over ninety million dollars and. the general at the point took the position that it was something we couldn't be. and we pushed for self-reliance and that was the message that he was giving to ghana and i think he made an impact unfortunately the price of oil hikes soon after that pushed doesn't back into economic decline and we ended up going back to the i.m.f. for a loan that was after the coup that threw a chump amount and it's an interesting paradigm that seems to be. an almost unholy think too good

a time as. an economic downturns and then a falling back on the i.m.f. as almost as a c.v.s. . drop africa in the one nine hundred ninety eight if you want you we had what you call i.m.f. rats which is the price of food going up as well as before and that kind of is the ability yes it has to be the backdrop to a lot of the good it doesn't seem that affected many more reasons of course by the critical reason has been that the how to secure a growth model which you know if unifies my georgie august's section of the ruling class number one. which which reduces deflates the political expectation of the

population number two shock therapy is also to tell people that your political expectations about what you can get on a realistic you can get free education you can get public housing you can get a good pension from the public sector you have to go out and fight for yourself. and if you look at our history. that the stratagems have been the scene it's about. devaluing the cd it's about. fiscal. restrictions it's about restricting the government's wage bill it's about privatization or divest investing in government factories these are the same things that they do time and again and i do wonder.

whether if you keep doing the same thing over and over again and the country doesn't move out of poverty if there isn't a need to rethink what you do well let me maybe quantify what we should clarify. actually over the last decade what we have seen in africa and ships are in africa. is extremely encouraging in terms of microcosmic policies. we can say that over the last decade michael policies in most of sub-saharan africa has improved. substantially with an emphasis on my quest ability and on generating what we called buffers.

i grew culture is one of ghana's most productive sectors. here in the north however it is the only way to survive. glenn doesn't give much. and we use the same old varieties our grandfathers did. and they don't really give a good harvest. women who brought you with only so many jewels come to help us. number but no government official has ever come to visit us. yeah.

only the ngos teach us how to improve our improve our methods. doesn't come to teach us. for the ministry of agriculture used to provide us with fertilizers but now they have stopped. now they never visit us like they used to. people really i don't understand why the government isn't helping us. with the.

well the food sufficiency has its ups and downs there are times of abundance and times when there is not enough food for the community. the periods of hunger along that is when the food prices hit the roof. that is one mil it costs ten cd for you. this is a time of great hunger. government cutbacks would mean for example in the case of a culture that all kinds of subsidies are essential. and all those things affect everything becomes a small form of kind of buy those things they cannot produce as well so for most of

the farm is actually really complicate life in the farmers some of them not able to keep the food after the school because in the river then. feed into its truck to support in so they have waste and then disappeared at any medication. sigrid laboratory kirby was able to build the world's most sophisticated robot which all unfortunately doesn't give a darn about anything tim's mission to teach creation why it should care about humans and. this is why you should care only on the. right to see. first rate. and i think.

the reporters. in. the in the. family for speaking of the car business east immolated demand for his cars by offering his workers increased wages in cash but now in america the idea is to increase demand by offering workers access to more debt more credit which is a slippery slope into hell because that debt of course comes in interest payments and the interest on america's debt is not greater than or approaching america's g.d.p. as it is in japan so the global interest of the global debt is approaching the global g.d.p. and you enter into this slippery vortex of credit to collateralize hell where no amount of revenue or taxes will ever repay the debt which is exactly what the

plantation owner was what we all be living on the field that. the money with the business over russia. martin's consumer sees and i see it many in the country is the federal government to simply say this property of the united states government. is the united states' privilege and it was done in public has to realize it can't just buy. just throw it away this equipment for instance belongs to the united states environmental protection agency and i found this on a dump site here this here is not always the last producers of these literally i think should be able to collect these i believe the vision responsible for the

products from cradle to grave. for mexico part of mental health property will sell to murder and corporate it also belongs to the washington metro area transit authority property by dennis trades page trend and trademark office. why is the price of gold so high. demand global demand do you think gold is money. the value of the only place we have to live of the water that we need to survive it's not compared to people i mean gold we're not going to eat gold we're not going to bait with gold. we're not going to drink what clearly what amal is and is in a desperate economic situation absolutely right what we're running to do is say there for any kind of economic development from the outside is going to be

a benefit their only purpose is to extract as much money as possible to feed into the global financial system. with me or part of the geo political economic system that's extremely exploited or. first of all is a question with the mining should even be carried out altogether can it be done in a way which doesn't destroy people's lives resources environment soon will you know those are pretty serious questions mining is not what a moment from it's happening in asia in africa and south america in central america in mexico and it's even happening in canada and the united states. thank.

you. coming up on our t.v. journalist who helped reveal the expansion of n.s.a. surveillance testifies before the e.u. parliament committee glenn greenwald shared what he believes to be the n.s.a. the ultimate goal we'll tell you what he said just ahead and senator john mccain goes rogue again overseas his trip to ukraine is the latest the senator traveling to troubled nation is to exert foreign influence more on the maverick and his thirst for war coming up. and a u.s. senator releases a report on wasteful federal spending the waste book two thousand and thirteen covers everything from military spending to tax breaks brothels and an in-depth look at government wasteful spending is coming up later in the show.