The greenback’s share in the global currency basket could drop. Global economies will be rethinking how safe it is to rely on the US dollar in their foreign currency holdings, the deputy head of the International Monetary Fund, Gita Gopinath, said on Tuesday. The statement comes after half of Russia’s forex holdings were effectively confiscated by […]
As organizations like the IMF and the UN warn that this is the worst economic crisis since the Great Depression, the US central bank has once again decided to pump trillions of dollars into the economy. RT’s Boom Bust talks to the CEO of Transformity Research, Tobin Smith, who has been sounding the alarm lately, […]
Last week, the IMF issued a stark warning about the global economy. While most large Western states are vulnerable to a new crisis, Russia has prepared its defenses. Kristalina Georgieva isn’t any sort of conspiracy theorist; she’s the head of the International Monetary Fund. And when she warns that the global economy risks another “Great […]
The international financial watchdog earlier estimated the recent trade rows had already cost the world economy about $700 billion or an 0.8 percent slump in global GDP, outlining the data in a soon-to-be-published annual report by the IMF.
The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn’t work.
Turkey does not want to be on the hook with the International Monetary Fund (IMF), the country’s leader Recep Tayyip Erdogan said, as he blasted the Washington-based organization.
ANKARA (Sputnik) – Turkey does not intend to borrow loans from the International Monetary Fund (IMF) anymore, Turkish President Recep Tayyip Erdogan announced on Sunday. “We have closed the chapter of the IMF credits in order not to open it anymore,” Turkish President Recep Tayyip Erdogan said on Sunday addressing the activists of Turkey’s ruling […]
Russia has decided not to participate in the increase in the World Bank’s lending capacity and with good reason, analysts told Sputnik, suggesting that it doesn’t seem logical for Moscow to fund the institution amid the US-led sanctions spree aimed against Russia. The World Bank’s assets are being directed to fund reforms beneficial to transnational corporations, including […]
Schiff/Trotsky funded AntiFA-like protests and false flags in Russia exactly like what is now happening in the west before they murdered the Czar. Same thing in France before the French Revolution. You don’t need to be a genius to see this new Bolshevik revolution in all the White European Christian established nations today and Muslims […]
The executive board of the International Monetary Fund (IMF) has delayed the third review of its loan program to Ukraine, the Ukrainian Finance Ministry said Sunday. Earlier in March, IMF Communications Department Director Gerry Rice said the fund’s directors planned to meet on March 20 to make the final decision on providing a new tranche […]
All of Ukraine’s major creditors, from the World Bank to the European Bank for Reconstruction & Development, the European Investment Bank, and Germany’s KfW Development Bank, are concerned about Kiev’s inability to successfully absorb the funds that have been allocated to the country, a World Bank official working in Ukraine told local media.
The International Monetary Fund (IMF) on Wednesday released a report urging the European countries accepting a majority of refugees to “temporarily” pay them less than minimum wage. In its report, the IMF recommended implementing a short-term differentiation between asylum seekers and EU
With corruption rampant and living standards falling, Ukraine may become the next failed state that “benefited” from a neoconservative-driven “regime change,” though the blame will always be placed elsewhere – in this case, on the demonized Russian President Putin, writes Robert Parry. Nearly two years since U.S. officials helped foment a coup in Ukraine – […]
On Tuesday, the IMF joined the New Cold War. It has been lending money to Ukraine despite the Fund’s rules blocking it from lending to countries with no visible chance of paying (the “No More Argentinas” rule from 2001). With IMF head Christine Lagarde made the last IMF loan to Ukraine in the spring, she […]