The G20 leaders summit on the world economy held in London just ended. The G20 countries, which represent about 85 percent of the global economy, pledged no new stimulus spending but they agreed to commit billions to world trade and International Monetary Fund.

I am skeptical about all these promises. The poor countries were not heard. When the crisis is over, the rich countries will go back to business as usual. More money to the International Monetary Fund means more poverty in developing countries because of the IMF’s high interest rates and unreasonable conditions.

When things are bad, the rich protect their interests first. The poorest are left out. Skeptical, yes, I am, about the conclusions of this summit. As the Berbers of Morocco say, “Evening promises are like butter: morning comes, and it’s all melted.”