(MPN) In 2011, a Swiss study confirmed what many already knew or suspected: bankers run the world. The study, completed by the Swiss Federal Institute of Technology in Zurich, found that “a large portion of control flows to a small tightly-knit core of financial institutions,” essentially forming a network of global corporate control.
The High Court in London this morning granted Russia’s request for an expedited hearing (ie. summary Judgment) of its claim against Ukraine arising from Ukraine’s non-payment of the $3 billion loan Ukraine owes Russia.
On April 2 Ecuador will choose a new president. For the first time in a decade, Rafael Correa’s name will not be on the ballot. After ten years in office, Correa is stepping down from the presidency and, however temporarily, stepping away from politics.
As Ukraine becomes increasingly engulfed by crisis, the IMF has postponed the decision as to whether or not to provide Ukraine with the latest tranche of its bailout funding.
That decision was supposed to be made today (Monday 20th March 2017). Instead, without any formal announcement, the IMF put off the decision, giving no date for when it would be made.
Anarchist group Conspiracy of the Cells of Fire has claimed responsibility for a parcel bomb sent to German Finance Minister Wolfgang Schaeuble on Wednesday.
On Thursday fragments of Greek stamps were found on letter bomb that exploded at the French headquarters of the IMF. There was no immediate claim for the Paris IMF attack, but Conspiracy of Fire Cells is the most likely culprit.
(COMMONDREAMS) Cambodians are responding with outrage to the U.S.
In a further sign of the political chaos sweeping the country, rumours are circulating that Valeria Gontareva, Ukraine’s Central Bank chair, is contemplating resignation.
This follows a protest where a coffin was left at the entrance of the Central Bank and a report by the Central Bank that the current coal blockade will lead to a fall of 1.5% in Ukraine’s already sharply reduced GDP.
Former IMF managing director Rodrigo Rato, center, arrives at the National Court in Madrid, Spain, to answer questions over his stewardship of Spanish bank, Bankia.
(REPORT) — Rodrigo Rato was charged for using credit cards for irregular and undeclared expenses.
“Patriotism is of its nature defensive, both militarily and culturally. Nationalism, on the other hand, is inseparable from the desire for power.” George Orwell in “Notes on Nationalism” (1945)
