The BRICS group of five nations—Brazil, Russia, India, China and South Africa—held its sixth annual summit this year from July 14 to July 16 in Fortaleza in the northeastern Brazilian state of Ceará and in Brasilia, the Brazilian capital. The main business for the five nations' leaders was formalizing their agreement on a plan to create a development bank to serve as an alternative to lending institutions like the International Monetary Fund (IMF) and the World Bank, which are largely dominated by the US and its allies. Although the project will need approval from the countries' legislatures, the BRICS leaders indicated that the group's lending institution would be called the New Development Bank, would be based in Shanghai and would be headed for the first five years by a representative of India. The bank is to start off in 2016 with $50 billion in capital, $10 billion from each BRICS member. The BRICS nations will maintain control of the bank, but membership will be open to other countries; in contrast to the IMF and the World Bank, the New Development Bank will not impose budgetary conditions on loan recipients.

Some 3,000 campesinos, including children and seniors, some with musical instruments, staged sit-ins on June 26 in the states of Goiás, Bahía and Piauí at 18 branches of Brazil's two largest state-owned banks, the Banco do Brasil and the Caixa Económica Federal. The day-long protest, organized by the Popular Campesino Movement (MCP), targeted budget cuts in the government's popular low-income housing program, My House My Life; MCP leaders said 950 campesino families had been dropped from My House My Life's National Rural Habitation Program (PNHR). The group demanded an increase in housing construction for the rest of this year, payment for projects already in progress, and improvements in the PNHR for next year. "The campesino families are struggling for a dignified life and don't accept having to wait more time for reform, enlargement [of the program] and construction of housing," the MCP said in a statement. "Waiting longer means increasing the exodus from the countryside and increasing the problems of rural life."

The governments of Brazilian president Dilma Rousseff and São Paulo mayor Fernando Haddad reached an agreement on June 9 with the Homeless Workers Movement (MTST) ending the threat that the group's protests would disrupt the June 12 opening game of the 2014 World Cup soccer championship. Officials agreed to build some 2,000 housing units in vacant private land where about 4,000 homeless people had set up an encampment, "The People's Cup," near the site of the first game, São Paulo's Arena Corinthians. The land occupation started a month earlier as a protest against the allocation of money to sports events rather than inexpensive housing. The MTST also won greater flexibility in the implementation of a federal housing program and a commitment to create a federal commission to prevent forced displacements of homeless people. In exchange the MTST in effect agreed to end its mobilizations, which were the largest of the protests that swept São Paulo in previous weeks.

As of May 18 a group of Argentine activists were continuing an encampment they had set up on April 21 at the Obelisk in Buenos Aires' Plaza de la República to push their demands for improved services in the city's 17 marginal communities, known in Argentina as "villas." The action's sponsor, the leftist Independent Villa Residents' Current, was calling on the government of right-wing Buenos Aires mayor Mauricio Macri to declare a housing, health and educational emergency in the impoverished communities; to formalize their status as urban areas; to carry out audits of the cooperatives and businesses that work in the neighborhoods; and to regularize rents and housing subsidies. A statement by the group denounced what it called "the model of two cities that Macri proposes, where the rich city excludes the poor one…while officials of the city government don't hide their intention to fill their pockets." Leftist groups have confronted the Macri government in the past over plans that they say favor real estate interests over the needs of the majority of city residents.

A large part of Argentina's labor movement participated a 24-hour general strike on April 10 to demand increases in wages and pensions and to protest the economic policies of President Cristina Fernández de Kirchner. With support from the Automatic Tramways Union (UTA) and three airline workers' unions, the strike shut down surface trains, subways, air service, schools and businesses in many parts of the country. Union leaders said the action was 90% effective, and the Argentine business consulting firm Orlando Ferreres & Asociados S.A. set the losses for the day at almost $1 billion. Government officials and Fernández supporters downplayed the significance of the strike, charging that relatively few workers actively participated and that people stayed home only because transportation was cut off by the UTA and by roadblocks that leftist parties and groups had set up.

Starting on the evening of March 25, thousands of Paraguayan unionists, campesinos and students participated in a 24-hour general strike to protest the economic policies of President Horacio Manuel Cartes Jara. Union sources said the action shut down transportation, schools and most businesses in Asunción. This was the country's first general strike in 20 years, and the first major demonstration against the government since President Cartes' inauguration last August. Cartes, a member of the rightwing Colorado Party, was elected in April 2013; the previous elected president, the left-leaning former Catholic bishop Fernando Lugo, was removed from office by Congress in a de facto coup on June 22, 2012, one year before the end of his term.

Coverage of Ukraine's newly inked deal with the International Monetary Fund is like the proverbial blind men and the elephant. Russia Today's headline is "Ukraine parliament passes austerity bill required by IMF," whereas the EU-aligned EurActiv put it: "IMF extends generous assistance to Ukraine." Forbes smarmily goes one better with "Ukraine Welcomes IMF Austerity Regime." RT tells us: "It is ordinary Ukrainians who will suffer the most under the new austerity measures as the floating national currency is likely to push up inflation, while spike in domestic gas prices will impact every household." But Reuters fleshes out the context for this a bit: "Moscow will not make it easy and Ukraine is already feeling some consequences from its break with Russia. Prime Minister Arseny Yatseniuk said...the price the country would pay for Russian gas, which accounts for over half of Ukrainian gas imports, would soar by almost 80 percent from April 1 as the seizure of Crimea had rendered a cheaper gas deal obsolete." So it seems that Russia as well as the IMF is imposing privation on Ukrainians, and is especially responsible for the spike in gas prices.

Protesters tied up traffic in central Buenos Aires for more than five hours on Feb. 25 to press their demands for the center-left government of Argentine president Cristina Fernández de Kirchner to increase pay and benefits in government antipoverty programs. Police rerouted traffic around the demonstration, which blocked cars and buses at the Obelisk in the Plaza de la República. The action was organized by several groups, including Barrios de Pie ("Neighborhoods Standing Up"), Polo Obrero ("Workers' Pole"), the Federation of Grassroots Organizations (FOB) and the Labor Association of Self-Managed and Contingent Cooperative Workers (Agtcap). Protest leaders held a meeting with government representatives during the protest, but these were "second-level functionaries," according to Barrios de Pie national coordinator Daniel Menéndez. "[T]he government is turning its back on the complaints of the lowliest people," he said.