President Trump’s daughter Ivanka Trump confirmed Wednesday that her father offered her the role of World Bank president, but said she turned down the offer … Ivanka Trump Says Her Father Offered to Make Her World Bank PresidentRead more
IMF
A radical new vision for the World Bank and the IMF
The World Bank and the IMF are the last remaining columns of the Bretton Woods edifice under which capitalism experienced its golden age in the … A radical new vision for the World Bank and the IMFRead more
IMF Admits It Miscalculated Impact of Austerity on Greek Economy
The International Monetary Fund has admitted it had failed to realize the damage austerity would do to Greece as the country tried to recover from … IMF Admits It Miscalculated Impact of Austerity on Greek EconomyRead more
Even the IMF now agrees that taxing the rich is the only way to decrease inequality
Higher income tax rates for the rich would help reduce inequality without having an adverse impact on growth, the International Monetary Fund has said. The … Even the IMF now agrees that taxing the rich is the only way to decrease inequalityRead more
Criminal charges faced by IMF head Christine Lagarde
— source therealnews.com
Morales Declares ‘Total Independence’ from World Bank and IMF
Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation. “A day like today … Morales Declares ‘Total Independence’ from World Bank and IMFRead more
Bailouts of Greece are Pretense for Massive Payout for German and French Banks
Yanis Varoufakis talking: We began our Democracy in Europe Movement with our comrades in Germany. Everywhere we go in Germany, we have immense support as … Bailouts of Greece are Pretense for Massive Payout for German and French BanksRead more
Massive IMF Bailouts are “Ponzi Austerity” Scheme
Yanis Varoufakis talking: we have a stupendous case of the White House spokesman violating the Obama line. When we were elected in January of 2015, … Massive IMF Bailouts are “Ponzi Austerity” SchemeRead more
Leaked Memo Reveals IMF (Still) Wants Out of Greece Bailout and Plots to Pressure Germany to Act
While a leaked IMF memo does not represent a crisis, it’s awfully reminiscent of the bad old days of 2007 and 2008, where the really … Leaked Memo Reveals IMF (Still) Wants Out of Greece Bailout and Plots to Pressure Germany to ActRead more
IMF forgives Ukraine’s Debt to Russia
On December 8, the IMF’s Chief Spokesman Gerry Rice sent a note saying: “The IMF’s Executive Board met today and agreed to change the current … IMF forgives Ukraine’s Debt to RussiaRead more