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Showing posts from May 22, 2022

How a French bank captured Haiti

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Google Translater for Website Click on the dropdown button to translate. Translate this page: You can translate the content of this page by selecting a language in the select box. Vous pouver traduire cet article dans la langue de votre choix dans la case de selection   ______________________________________   Far from an instrument of Haiti's salvation, its central bank was, from its very inception, an instrument of French financiers and a way to keep a suffocating grip on a former colony into the next century   BY MATT APUZZO, CONSTANT MÉHEUT, SELAM GEBREKIDAN AND CATHERINE PORTER 14 min read PUBLISHED: May 23, 2022   A branch of Crédit Industriel et Commercial in Dijon, France, Feb. 11, 2022. At a time when CIC was helping finance the Eiffel Tower as a monument to French liberty, it was choking Haiti’s economy, taking much of the young nation’s income back to Paris. Today it is a $355 billion subsidiary of one of Europe’s largest financial conglo