IMF

Rapid urbanization a challenge for BRICS countries

Major cities in Brazil, China and India are witnessing rapid urbanization [Xinhua]
The Malaysian capital of Kuala Lumpur will next week host the Ninth Session of the World Urban Forum to discuss the challenges societies as more people move to the cities.
The forum titled, Cities 2030, Cities for All: Implementing the New Urban Agenda, will focus on the efforts of major countries, such as China, India, and Brazil to overcome the challenges posed by rapid urbanization.

Greece: Convenient Victim or Complacent Masochist?

Why this title? Because Greece doesn’t have to continue playing the card of the victim, nor being masochist. Greece seems to suffer under the Stockholm Syndrome — she is in love with her hangman. Greece could change this. Exit the prison, exit the EU and exit the euro. Greece could return to her sovereign national currency, her own sovereign central bank, make her own monetary policy and implement it with a sovereign public banking system that works solely for the Greek economy.

Economists are playing catch-up with economic reality

Economic growth forecasts for 2018 have been ratcheted higher as data exceeds expectations
Growth rates in BRICS nations such as China and Russia have exceed expectations of the IMF and other forecasts [Xinhua]
The news that China’s GDP growth in 2017 was 6.9 per cent as opposed to the government target of 6.5 per cent and the January 2017 international Monetary Fund (IMF) projection of 6.5 per cent is merely the latest in a sequence of economic data releases that has pushed economists to play catch-up with economic reality.

Bush-Era Economists Emerge As Front-Runners For Fed Vice Chair Position

After selecting Fed governor Jerome Powell to replace Janet Yellen as Fed Chair when her term expires in February, the Trump White House has now moved on to interviewing a series of candidates for the Vice Chair position.  As the Wall Street Journal notes this morning, two of the more likely candidates for that role are a pair of economists who served in senior positions in the George W. Bush administration.

Who Is Nicholas Rockefeller? – Questions For Corbett #038

[audio mp3="http://www.corbettreport.com/mp3/qfc038-lq.mp3"][/audio]We all remember when Aaron Russo gave us his story of getting the inside scoop from Nicholas Rockefeller...but who is Nicholas Rockefeller? James explores this question and answers your queries on Japanese debt, IMFcoin, health care without government, the Bin Laden confession and much more in this edition of Questions For Corbett.

SUNDAY SCREENING: Thomas Sankara: The Upright Man

This week’s documentary film curated by the editorial team at 21WIRE.
The story of Thomas Sankara is unknown to many in the west. He was a visionary and a revolutionary – a charismatic army captain who came to power in a popular coup in Burkina Faso in 1983. Regarded as Africa’s ‘Che,’ his brief four-year rule inspired a generation and inspired African self-reliance as an alternative to the neo-liberal IMF ‘development’ model imposed by the West on Africa. Watch: