Tag Archives: International Monetary Fund

Neoliberal Occupation: How the IMF and the European Central Bank Are Strangling the Greek Economy

Ari Paul alternet.org The troika–the IMF, the European Commission and the European Central Bank–is using its leverage to arrange Greece’s debt-ridden economy as it sees fit. With Greek workers bracing themselves for more announcements of privatization of public services and industries, … Continue reading

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Christine Lagarde and Nicolas Sarkozy embroiled in new corruption inquiry

Peter Allen The Telegraph Christine Lagarde and Nicolas Sarkozy were embroiled in a new corruption inquiry on Sunday over the awarding of Legion d’Honneur for political favours. The pair already face allegations that Miss Lagarde, the head of the International … Continue reading

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Christine Lagarde’s fairytale world

Manuel Barcia Blogs Independent A few days ago the Head of the International Monetary Fund (IMF), Christine Lagarde, had the audacity to suggest that instead of resisting the neo-liberal austerity measures prescribed by her organization, in agreement with the EU … Continue reading

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Amid international protests, intellectuals and activists issue manifesto for global democracy

Source: UNPACampaign Intellectuals Naomi Klein, Vandana Shiva, Noam Chomsky, Eduardo Galeano and Michael Hardt as well as mass-protest organizers and activists have issued a manifesto that includes a strong call for global democracy and, in particular, democratic rule over the … Continue reading

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NM Rothschild & Sons Are Moving In For The Kill! Witness Their Work All Over The Globe! RIGHT NOW!!!

Source: Sovereign Independent The World Bank/IMF is owned and controlled by NM Rothschild & Sons plus 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take over the planet through money. … Continue reading

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IMF chief warns over 1930s-style threats

Source: FT The managing director of the International Monetary Fund has warned that the global economy faces the prospect of “economic retraction, rising protectionism, isolation and . . . what happened in the 30s [Depression]”, as European tensions again flared … Continue reading

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IMF push for $1 trillon rescue fund to cost UK £15bn

Source: Telegraph Downing Street says Britain is ready to consider a request for extra funds from the International Monetary Fund, which is seeking to boost its firepower to around $1 trillion to safeguard the global economy. The government made the … Continue reading

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IMF to stress test Australian banks

Source: SMH Australia’s banks will endure mandatory stress tests imposed by the International Monetary Fund (IMF) to ensure they can withstand another financial crisis. The IMF has targeted the financial systems of Australia and 17 other countries to undergo rigorous … Continue reading

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To Contain Future Budget, US Must Raise Taxes By 35%, Cut Entitlements 35%

Source: Wall Street Journal To restrain the U.S.’s future budget crisis, the federal government must raise taxes by at least 35% and cut entitlements such as health care and Social Security by 35%, International Monetary Fund economists warned Monday in … Continue reading

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