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Keyword: imf

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  • Ecuador to hand over Assange to UK ‘in coming weeks or days,’

    07/20/2018 7:23:54 AM PDT · by Beave Meister · 18 replies
    RT.com ^ | 7/20/2018
    Ecuador is ready to hand over the WikiLeaks founder to the UK in “coming weeks or even days,” RT editor-in-chief Margarita Simonyan said citing her own sources, as prospects of his eviction from the embassy are back in the media. “My sources tell [Julian] Assange will be handed over to Britain in the coming weeks or even days,” Simonyan wrote in a recent tweet which was reposted by WikiLeaks. “Like never before, I wish my sources were wrong,” she continued. Simonyan's message comes, as speculations Ecuador is in talks with the UK over the future of Assange are back again...
  • IMF creates Global Private and Public Debt Database for all countries going back to 1950s

    05/15/2018 7:14:31 AM PDT · by MarchonDC09122009 · 16 replies
    IMF ^ | 05/14/2018 | IMF
    IMF creates Global Private and Public Debt Database for all countries going back to 1950s. https://www.imf.org/en/Publications/WP/Issues/2018/05/14/Global-Debt-Database-Methodology-and-Sources-45838
  • IMF urges Ukraine to end delay over anti-corruption court

    02/19/2018 10:25:08 AM PST · by mac_truck · 5 replies
    Financial Times ^ | 2/19/18 | Roman Olearchyk
    The International Monetary Fund has urged Ukraine to end months of delay over the creation of an independent anti-corruption court seen as key to combating widespread graft in the country after a visit to Kiev last week. In a statement on Monday, the FundÂ’s representative in Ukraine stressed that further progress on the court, natural gas pricing, and fiscal policy changes were necessary conditions to unlock more loans from a derailed $17.5bn assistance package. Nearly $9bn has been received by Ukraine from the IMF package so far, and future tranches are seen as key to boosting the countryÂ’s economy. Goesta...
  • U.S. economy to grow nearly 3 percent in 2018 because of Trump tax cuts, IMF says

    01/22/2018 10:32:33 AM PST · by Innovative · 29 replies
    Washington Post ^ | Jan. 22, 2018 | Heather Long
    The United States is projected to grow 2.7 percent in 2018 as President Trump’s tax cuts boost growth, the International Monetary Fund said in a new report Monday, delivering more positive economic news as the president passes his one-year mark in the White House. But deep inequality remains in the country and the IMF does not expect the growth to last long. “We certainly should feel encouraged by the strengthened growth, but we should not feel satisfied. There are still too many people who are left out of that recovery and acceleration," said Christine Lagarde, head of the IMF on...
  • IMF revises up global growth forecast helped by Trump tax cuts

    01/22/2018 6:54:01 AM PST · by BenLurkin · 1 replies
    Reuters ^ | 01/22/2018
    It also said that economic activity in Europe and Asia was surprisingly stronger than expected last year, and global growth in 2017 was now estimated to have reached 3.7 percent, 0.1 percentage point higher than the Fund projected in October. “The U.S. tax policy changes are expected to stimulate activity, with the short-term impact in the United States mostly driven by the investment response to the corporate income tax cuts,” the IMF said in the update, which was released on the sidelines of the World Economic Forum in Davos, Switzerland. “The effect on the U.S. growth is estimated to be...
  • After a historic default, Argentina is a far cry from its past

    10/24/2017 2:54:17 PM PDT · by Jagermonster · 8 replies
    The Christian Science Monitor ^ | October 24, 2017 | The Monitor's Editorial Board
    SHIFT IN THOUGHT   In a world awash in red ink, Argentina’s reforms since 2015 show how attitudes can shift toward excessive debt. The world’s largest economies are awash in red ink, the International Monetary Fund reported in October. And they are hard-pressed to service their debts, which on average amount to more than twice their domestic output. China accounts for much of this global rise in debt. After a leadership reshuffle this week, Beijing may start to finally tackle the problem. But one country in particular, Argentina, has shown how to change attitudes and turn around an unhealthy dependence...
  • BOOM! Pro-Russia Hacker Site “Cyber Berkut” Publishes Links Between Ukraine and Clinton

    07/13/2017 10:59:02 AM PDT · by blueyon · 44 replies
    Gateway Pundt ^ | 7/13/17 | Jim Hoft
    The pro-Russian hacker site “Cyber Berkut” published links between the Ukrainian government and the Hillary Clinton Campaign today. Wikileaks posted the image. BOOM! Pro-Russia Hacker Site “Cyber Berkut” Publishes Links Between Ukraine and Clinton Jim Hoft Jul 13th, 2017 10:33 am 89 Comments The pro-Russian hacker site “Cyber Berkut” published links between the Ukrainian government and the Hillary Clinton Campaign today. Wikileaks posted the image. THIS IS AMAZING— Cyber Berkut published this damning news today. Hillary Clinton campaign and the Ukrainian government! According to Cyber Berkut the Ukrainian foundation transferred 10 to 25 million dollars to the Clinton Foundation. Ukraine...
  • IMF Working Paper: The Macroeconomics of De-Cashing

    04/08/2017 7:43:04 AM PDT · by oblomov · 17 replies
    International Monetary Fund ^ | March 2017 | Alexei Kireyev
    I. INTRODUCTION 1. De-cashing is defined as the gradual phasing out of currency from circulation and its replacement with convertible deposits. This initiative does not in any way target the abolition of money as an institution, but is, rather, a sweeping reduction of the role of currency, its cash component, in favor of transferrable deposits, its non-cash component. The monetary authorities in many countries have already taken steps towards de-cashing. These steps include abolishing large denomination bills, imposing ceilings on cash transactions, introducing declaration requirements on the carriage of cash in and out of the country, reporting requirements for cash...
  • Paris IMF letter bomb injures one employee

    03/16/2017 5:59:37 AM PDT · by nuconvert · 2 replies
    bbc ^ | 3-16-17
    The IMF employee received hand and face injuries, and staff were evacuated. IMF director Christine Lagarde condemned the "cowardly act of violence" against IMF staff.
  • Ex-IMF Chief Found Guilty of Embezzlement will NOT Go to Jail

    03/04/2017 10:34:50 PM PST · by nickcarraway · 4 replies
    The Local (Spain) ^ | 3 March 2017
    Spain's anti-corruption prosecutor on Friday allowed former IMF chief Rodrigo Rato to remain free and without judicial supervision despite a jail sentence of four years and six months for embezzlement. Rato, who is also a former Spanish economy minister, will now remain at liberty until the court rules definitively on his case. Rato was sentenced on February 23 for misusing funds when he was the boss of two Spanish banks. He was tried with 64 other former executives and board members, accused of misusing €12 million ($12.7 million) between 2003 and 2012. He is expected to file an appeal.
  • Ukraine reaches preliminary agreement with IMF

    03/04/2017 5:54:23 PM PST · by Navy Patriot · 6 replies
    Yahoo Propaganda Via AFP ^ | March 4, 2017 | Dmitry Zaks
    The International Monetary Fund said Saturday it had reached a preliminary agreement with Ukraine that could see the war-scarred and cashed-starved nation receive fresh aid in the first half of the year. The news was particularly good for the ex-Soviet republic because the IMF statement referred to a loan of $1 billion (0.9 billion euros) and not the lesser sums discussed in earlier months. Ukraine also gets the reprieve of not having to go though the unpopular measure of raising its pension age to get the cash.
  • At "World Government Summit," Top Globalists Drop The Mask

    02/17/2017 6:13:45 AM PST · by VitacoreVision · 22 replies
    The New American ^ | 17 February 2017 | Alex Newman
    Meeting this week at the annual "World Government Summit" in the United Arab Emirates, under the shadow of a replica monument from the false god Baal's temple, top globalists and establishment leaders from around the planet offered a series of stunning revelations about their agenda. From the socialist new UN secretary-general and the embattled boss of the International Monetary Fund to national government leaders and tax-funded crony capitalists, over a hundred prominent speakers lectured thousands of attendees on the supposed necessity of globalism, multiculturalism, statism, Big Government, social engineering, "sustainability," and more. One speaker, tax-funded billionaire Elon Musk, even claimed...
  • IMF chief Lagarde on trial in France over tycoon case

    12/09/2016 8:58:07 PM PST · by ameribbean expat · 7 replies
    IMF chief Christine Lagarde goes on trial in France on Monday over a massive state payout to a flamboyant tycoon when she was finance minister in a case that risks tarnishing her stellar career. Lagarde denies the charges of negligence, arguing she was acting "in the state's interest" in making the payment to Bernard Tapie, the former owner of sportswear giant Adidas and Olympique Marseille football club. If found guilty, Lagarde could receive a one-year prison sentence and a 15,000 euro ($15,900) fine.
  • Global Elites Step Up Defense of Openness as Populism Rises

    10/10/2016 7:20:39 PM PDT · by Lorianne · 8 replies
    Source material cannot be posted to FR | October, 2016
    see link below
  • IMF says global debt tops $152 trillion, urges some to spend more

    10/06/2016 7:22:45 PM PDT · by Lorianne · 6 replies
    Reuters ^ | 05 October 2016 | David Lawder
    The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. Global debt, both public and private, reached 225 percent of global economic output last year, up from about 200 percent in 2002, the IMF said in its new Fiscal Monitor report. The IMF said about two thirds of the 2015 total, or about $100 billion, is owed by private sector borrowers, and noted that rapid increases in private debt often lead to financial crises. While...
  • IMF, global finance leaders fret over populist backlash

    10/06/2016 7:26:01 PM PDT · by Lorianne · 7 replies
    Reuters ^ | 06 October 2016 | David Lawder
    World finance leaders on Thursday decried a growing populist backlash against globalization and pledged to take steps to ensure trade and economic integration benefited more people currently left behind. Their comments at the start of the International Monetary Fund and World Bank fall meetings signaled frustration with persistently low growth rates and the surge of public anger over free trade and other pillars of the global economic system. The meetings are the first since Britain voted in June to leave the European Union and U.S. billionaire Donald Trump secured the Republican presidential nomination with a campaign that attacked trade deals....
  • Backlash to World Economic Order Clouds Outlook at IMF Talks

    10/05/2016 10:44:26 AM PDT · by Lorianne · 8 replies
    Source material cannot be posted to FR | 04 October 2016
    see link below
  • IMF admits disastrous love affair with the euro and apologises for the immolation of Greece

    07/30/2016 1:33:23 PM PDT · by Lorianne · 2 replies
    Telegraph (UK) ^ | 29 July 2016 | Ambrose Evans-Pritchard
    The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. This is the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the eurozone debt crisis, the most damaging episode in the history of the Bretton Woods institutions. It describes a “culture of complacency”, prone to “superficial and mechanistic” analysis, and traces a shocking breakdown in the governance of the IMF, leaving it...
  • IMF's Lagarde to stand trial in Tapie case

    07/22/2016 8:19:41 AM PDT · by BenLurkin · 4 replies
    reuters ^ | Jul 22, 2016 7:24pm IST
    France's highest appeals court ruled on Friday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie. She was French finance minister at the time. The court rejected her appeal against a judge's order in December for her to stand trial at the Cour de Justice de la Republique, a special court that tries ministers for crimes in office. Her lawyer Patrick Maisonneuve expressed regret over the decision and said he was convinced that the trial would show she was innocent. IMF...
  • Berkeley Economist Stumbles on Pretend Economy in U. S.

    07/11/2016 7:53:35 AM PDT · by Academiadotorg · 26 replies
    Accuracy in Academia ^ | July 11, 2016 | Malcolm A. Kline
    Berkeley economist has stumbled on a trend an increasing number of Americans experience annually: We’ve had a pretend economy in the United States for at least 16 years. "Bottom 99% incomes grew by 3.9% from 2014 to 2015, the best annual growth rate since 1999," Emmanuel Saez wrote in a paper on June 30, 2016. A trio of researchers from the International Monetary Fund was much less oblique in a paper that they wrote last month on "the rise of income polarization — what some have referred to as the 'hollowing out' of the income distribution — in the United...