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All content tagged: IMF

Dissident Voice - 2016-01-17 - Original post - cached version

In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding.

The bill was a start. But some experts, including Congressional candidate Tim Canova, say Congress should go...

Dissident Voice - 2016-01-17 - Original post - cached version

If aggression against another foreign country means that it strains its social structure, that it ruins its finances, that is has to give up its territory for sheltering refugees, what is the difference between that kind of aggression and the other type, the more classical type, when...

Dissident Voice - 2016-01-02 - Original post - cached version

Mark Weisbrot, a co-director with Dean Baker of the Center for Economic and Policy Research (CEPR), has written an enlightening book that pulls together many of the analyses that CEPR has been producing over the past several decades. The book, Failed: What the “Experts” Got Wrong about the...

BSNEWS - 2016-01-02 - Original post - cached version

Lagarde hinted that the crisis could spread more broadly across the financial system, suggesting that emerging market and energy sector companies defaulting on their payments could “infect” banks and state treasuries.

The post IMF head warns of slow growth and economic “shocks” in 2016...

Dissident Voice - 2015-12-31 - Original post - cached version

One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I. Millions of soldiers ordered by mindless generals into the hostile arms of barbed wire and machine gun fire had left the armies stalemated in trenches. A reasonable...

Dissident Voice - 2015-12-28 - Original post - cached version

The IMF is the leading international monetary agency whose public purpose is to maintain the stability of the global financial system through loans linked to proposals designed to enhance economic recovery and growth.

In fact, the IMF has been under the control of the US and...

Aletho News - 2015-12-28 - Original post - cached version

By James Petras :: 12.25.2015 Introduction The IMF is the leading international monetary agency whose public purpose is to maintain the stability of the global financial system through loans linked to proposals designed to enhance economic recovery and growth. In fact, the IMF has been under the...

BSNEWS - 2015-12-19 - Original post - cached version

In this U.S.-centered worldview, China and Russia loom as the great potential adversaries – defined as independent power centers from the United States as they create the Shanghai Cooperation Organization as an alternative to NATO, and the AIIB as an alternative to the IMF and World Bank tandem...

Media Monarchy - 2015-12-11 - Original post - cached version

The EU emissions trading scheme is a multi-billion dollar fraud; the CIA teaches us how to sabotage government; and the UK Army is having trouble finding new recruits for the war machine.

Jay's Analysis - 2015-12-05 - Original post - cached version

Intro theme: “Dream Agent” by Ariel Electron, Holeg Spies and Thierry Gotti on the “Kore Kosmou” album.

Former Asst. Secretary Catherine Austin Fitts joined me to discuss the systemic corruption that plagues the U.S. economic sphere.  From the black budget to Enron to BCCI and the bailout...

Andrew Gavin Marshall - 2015-11-12 - Original post - cached version

After “Landmark” IMF Reforms, U.S. Is Still the Group’s Unrivaled Economic Power

By: Andrew Gavin Marshall

12 November 2015

Originally posted at Occupy.com on 5 November 2015

The International Monetary Fund is one of the three pillars of the global economic...

Lionel - 2015-11-10 - Original post - cached version

Why are you so worried about “debates.” They’re not debates. They’re beauty pageants. Mindless media diversions. Psychotic interludes. Charm school rejects and sleight of hand. Bought and paid for political hacks playing the ol’ switcheroo. Just look at the topics that seem to command so...

Lionel - 2015-11-06 - Original post - cached version

This is what we’ve become. Lost. Disconnected. Narcissistic beyond any realm of comprehension. And it’s posh and cool to be profoundly nescient. Mention TPP and watch the vapid look . . . from the Ted Baxter sock puppet media. Just keep us amused. Give us surface level stories. Nothing...

Lionel - 2015-11-04 - Original post - cached version

George Carlin, America’s prophet said it best. He speaks to the futility and illusion of choice and substantive differences.

I have solved this political dilemma in a very direct way: I don’t vote. On Election Day, I stay home. I firmly believe that if you vote, you...

Dissident Voice - 2015-10-31 - Original post - cached version

This week we look at the anti IMF-TPP-WORLD Banks protest in Peru, Kahnawake Mohawks warning to Montreal’s mayor. On the music break, Shadia Mansour and M1 with “Al Kufiyyeh 3arabeyyeh” Our featured interview is with Budour Hassan, a Palestinian anarchist based in Jerusalem, who breaks the...

Andrew Gavin Marshall - 2015-10-26 - Original post - cached version

When the IMF Meets: Here’s What Happened At the Global Plutocracy’s Pow Wow in Peru

By: Andrew Gavin Marshall

26 October 2015

Originally posted at Occupy.com

On October 6, the finance ministers, central bankers and development ministers from 188 countries...

Aletho News - 2015-10-24 - Original post - cached version

teleSUR – October 23, 2015 Portuguese President Anibal Cavaco Silva said he will not allow a coalition of leftist parties to form a government despite the fact that they won an outright majority in parliamentary elections held earlier this month. The president said Thursday that he gave...

Dissident Voice - 2015-10-22 - Original post - cached version

Globalization of trade and central banking has propelled private corporations to positions of power and control never before seen in human history. Under advanced capitalism, the structural demands for a return on investment require an unending expansion of centralized capital in the hands of...

Andrew Gavin Marshall - 2015-10-15 - Original post - cached version

A Year in the World-Traveling Life of U.S. Treasury Secretary Jack Lew

By: Andrew Gavin Marshall

Originally posted at Occupy.com 

15 October 2015

Jacob Joseph (“Jack”) Lew is one of the two most powerful financial diplomats in the world, the other being his...

Aletho News - 2015-10-11 - Original post - cached version

Sputnik – 11.10.2015 Finance Minister Natalia Yaresko considers a $40 billion assistance program from the IMF not enough to guarantee Ukraine’s economic stability in the long-term. In an interview with the Financial Times, Yaresko called for the United States, the EU and other loaners to double...

Andrew Gavin Marshall - 2015-10-08 - Original post - cached version

Meet the Secretive Committees that Run the Global Economy

By: Andrew Gavin Marshall

8 October 2015

Originally published at Occupy.com

There exists an overlapping and highly integrated network of institutions, committees and secret meetings of ad-hoc groups...

Dissident Voice - 2015-09-30 - Original post - cached version

Falsehood and delusion are allowed in no case whatever: But, as in the exercise of all the virtues, there is an œconomy of truth. It is a sort of temperance, by which a man speaks truth with measure that he may speak it the longer.
— Edmund Burke, Letters on a Regicide Peace (...

Dissident Voice - 2015-09-15 - Original post - cached version

Last week a new leader of the British Labour Party was chosen. Already the chimes can be heard from the belfries of thousands of Labour parishes, with coronation eulogies published in the journals of political dissent. The abdication of the Miliband dynasty would seem to herald the end of New...

Tragedy & Hope - 2015-09-13 - Original post - cached version

    Our Interesting Times: Carroll Quigley, Cecil Rhodes, and the Reconquest of America (through the creation of an International Polity) “Kevin Cole joins the “Our Interesting Times” podcast with Timothy Kelly to discuss his paper “Carroll Quigley and the Article that Said Too Little:...

Aletho News - 2015-08-29 - Original post - cached version

Sputnik | August 29, 2015 A huge chunk of the $17 billion in bailout money the IMF granted to Ukraine in April 2014 has been discovered in a bank account in Cyprus controlled by exiled Ukrainian oligarch Ihor Kolomoyskyi, the German newspaper Deutsche Wirtshafts Nachrichten (DWN) reported on ...

Dissident Voice - 2015-08-26 - Original post - cached version

Eight months will have passed since the election of Syriza on January 25 up to the snap elections in September. During that time Syriza’s leaders play-acted their ‘opposition to austerity’ and then knelt down in submission to the ‘Troika’.

The contrast between...

Dissident Voice - 2015-07-31 - Original post - cached version

My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.

— The Godfather (1972)

In the modern global banking system, all banks need a...

Dissident Voice - 2015-07-27 - Original post - cached version

The Greek people’s efforts to end the economic depression, recover their sovereignty and reverse the regressive socio-economic policies, which have drastically reduced living standards, have been thrice denied.

First, the denial came as tragedy: When the Greek majority elected...

Dissident Voice - 2015-07-26 - Original post - cached version

On July 16 this year protests erupted outside Greek parliament as lawmakers were approving further harsh austerity plan in exchange for a third European bailout. Greek Prime Minister Alexis Tsipras won by 229 votes to 64 while 32 members of his own Syriza party voted against the measures,...

Corbett Report - 2015-07-24 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2015-07-23%20Financial%20Survival.mp3"][/audio] As James returns from his summer holiday, he re-joins Alfred Adask for their weekly conversation on Financial Survival. This week they discuss the "resolution" of the Greek crisis, the growing panic...
Andrew Gavin Marshall - 2015-07-22 - Original post - cached version

Who Rules Europe?

By: Andrew Gavin Marshall

22 July 2015

If you like this video, please consider making a donation to support my work.

Related articles:

Between Berlin and a Hard Place: Greece and the German Strategy to Dominate Europe

Blaming...

Dissident Voice - 2015-07-17 - Original post - cached version

Greece’s debt can now only be made sustainable through debt relief measures that go far beyond what Europe has been willing to consider so far.

— International Monetary Fund

Greece’s lesson for Russia, and for China and Iran, is to avoid all financial...

Dissident Voice - 2015-07-16 - Original post - cached version

In the early hours of Thursday morning, July 16, the Greek Parliament passed a host of austerity measures in order to begin talks on a potential third bailout of 86 billion euros. The austerity measures were pushed onto the Parliament by Greece’s six-month-old leftist government of Syriza,...

Andrew Gavin Marshall - 2015-07-16 - Original post - cached version

Blaming the Victim: Greece is a Nation Under Occupation

By: Andrew Gavin Marshall

17 July 2015

In the early hours of Thursday morning, July 16, the Greek Parliament passed a host of austerity measures in order to begin talks on a potential third bailout of 86 billion...

Dissident Voice - 2015-07-15 - Original post - cached version

The crushing Greek debt could be canceled the way it was made – by sleight of hand. But saving the Greek people and their economy is evidently not in the game plan of the Eurocrats.

Greece’s creditors have finally brought the country to its knees, forcing President Alexis Tsipras to...

Aletho News - 2015-07-14 - Original post - cached version

By Binoy Kampmark | CounterPunch | July 14, 2015 “This has nothing to do with economics. It has nothing to do with putting Greece back on the rails towards recovery.” — Yanis Varoufakis, Jul 13, 2015 Alexis Tsipras, along with his crew of negotiators, had done much with little. His Syriza...

Dissident Voice - 2015-07-14 - Original post - cached version

Yanis Varoufakis, the former Greek finance minister, in an article in the Guardian entitled “Germany won’t spare Greek pain – it has an interest in breaking us”, frames the Greek tragedy in clear terms thus:

In 2010, the Greek state became insolvent. Two options consistent...

Dissident Voice - 2015-07-13 - Original post - cached version

An African Union increasingly coming under the influence of China is fighting NATO sponsored destabilization in the form of Wahhabi terrorism such as Al Shabaab and Boko Haram.

The spate of terrorist attacks in France, Tunisia and Kuwait on June 26th brought condemnation from most of the...

Aletho News - 2015-07-11 - Original post - cached version

By Finian Cunningham – Sputnik – 09.07.2015 When Greece resoundingly rejected economic austerity last week, Prime Minister Alexis Tsipras and his government were given a wealth of political capital. For the second time, including the election of Tsipras’ Syriza party six months ago, the Greek...

Aletho News - 2015-07-11 - Original post - cached version

Sputnik – 10.07.2015 Ukrainian Economic Development Minister Aivaras Abromavicius clarified exactly how many state companies would be offered up for sale to US and European investors at the upcoming Ukrainian-American investment conference in Washington D.C on Monday, stating that 345 state-run...

Dissident Voice - 2015-07-10 - Original post - cached version

Banks create money when they make loans. Greece could restore the liquidity desperately needed by its banks and its economy by nationalizing the banks and issuing digital loans backed by government guarantees to its ailing businesses. Greece could provide an inspiring model of sustainable...

Dissident Voice - 2015-07-08 - Original post - cached version

“They just wanted to take a bat to them,” said former U.S. Treasury Secretary Timothy Geithner, referring to the attitude of European leaders towards debt-laden Greece in February of 2010, three months before the country’s first bailout. Mr. Geithner, Treasury Secretary from 2009 until 2013, was...

Down With Tyranny - 2015-07-07 - Original post - cached version


Edward Harrison

by Ken

I encountered Edward Harrison's cute little graph in Ian Welsh's June 25 post, "Greece and the Emperor's New Clothes," in which Ian noted that a commenter, markfromireland, had pointed out that "Oliver Blanchard, the chief IMF economist, had made the...

Dissident Voice - 2015-07-06 - Original post - cached version

Some might think it strange for a country founded on a proposition of equality to send so much aid to regimes that are doing everything they can to disfigure it. Of course, slipping on one’s Orwellian eye wear, it makes perfect sense. Freedom is Slavery, not just in Oceania. And that is the...

Dissident Voice - 2015-07-06 - Original post - cached version

The people of Greece have rejected austerity with an emphatic “No” in a referendum. The corporate media reacted predictably. Reuters depicted Greeks as defying Europe.

The language in the Reuters piece was palpably biased. It portrayed Greeks as having “overwhelmingly rejected conditions...

Aletho News - 2015-07-04 - Original post - cached version

By Finian Cunningham – Sputnik – 29.06.2015 Decades of exorbitant military spending account for Greece’s present downfall under an Olympian-sized debt. European governments and news media portray the problem of Greece’s financial woes as public spending profligacy. The truth is that Greece’s...

Aletho News - 2015-07-02 - Original post - cached version

By Boris Kagarlitsky | CounterPunch | July 2, 2015 For five years now Europe has been troubled by the problem of the Greek debt. It all began with a relatively modest sum estimated at 15-20 billion euros, though at the time coping even with this debt seemed beyond the country’s capacity. Instead...

Dissident Voice - 2015-07-02 - Original post - cached version

In what could hopefully lead to a significant change in the nature of Third World development financing, a new research paper from the International Monetary Fund (IMF) admits that the strong pro-capitalist policies at the centre of its development support activities do not work.

Since...

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