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Koreans protest at IMF headquarters

By Sharon Black

Washington

A picket line stretching a full block in front of the International Monetary Fund's headquarters here on April 15 denounced the organization's policies in south Korea, which have caused devastating layoffs and cutbacks.

The action was called by the Congress of Korean Reunification and the International Action Center. It was in solidarity with a national rally April 17 in south Korea called by the Korean Confederation of Trade Unions.

Representatives of the CKR brought an official message from the Korean unions to IMF officials. The union statement said IMF austerity measures are forcing more than 100 corporations into bankruptcy each day:

"The government's official figure confirms that now more than 2 million workers are out of jobs. However, according to the KCTU's own figures, the unemployed workers number closer to 4 million. This economic catastrophe has resulted in one of the worst and most tragic situations for workers."

Malcolm Cummins, spokesperson for the International Action Center, denounced the IMF as officials of the fund lined the front entrance to their headquarters. He said: "As workers in this country, we stand in solidarity with the KCTU and the struggle of the Korean workers in the south. The International Monetary Fund has the blood of workers around the globe on its hands.

"As the KCTU prepares for increased action, we--your friends, brothers and sisters, and trade unionists--pledge to step up our action in support. An injury to one is an injury to all."

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