IMF – DEMAGAGA

News Headlines May 3, 2015: Russia to Create IMF Rival, Venezuela Raises Minimum Wage, Fidel Dealt in Cocaine According to Former Bodyguard

Mexican Fishermen Sue BP Israeli Prime Minister Benjamin Netanyahu Does Not Accept Two-State Solution Ebola Survivors Should Use Condoms Indefinitely According to CDC Amonium Nitrate Spill in Costa Rica Venezuela Boosts Minimum Wage 30% Thousands Protest Moldova’s Government Former Bodyguard Claim Fidel Castro Trafficked Cocaine Russia Creating Rival to International Monetary Fund China Promises $46 […]

News Headlines July 11, 2013 – More Prism Backlash, Egyptian Transition in Peril, Kremlin Uses Typewriters to Avoid Leaks

South America Seeks Answers from the United States Regarding Spying Programs Saudi Princess Accused of Human Trafficking Obama Donors Receive Best Embassy Jobs, Angering Seasoned Diplomats Egyptian Government Transition Threatened by Internal Strife Mexico Overtakes the US in Obesity China Alleges Pharmaceuticals Giant Glaxo Smith Kline Bribed Doctors Kremlin Uses Typewriters to Curb Leaks People’s […]

The International Monetary Fund (IMF) Expresses Confidence in Leader Christine Lagarde

The board of the IMF expressed its confidence in Managing Director Christine Lagarde after the launch of a French inquiry into alleged abuses of power. Ms. Lagarde took over the IMF in 2011 and her office denies any wrongdoing. In 2007, Lagarde was involved in a dispute with French businessman Bernard Tapie and the bank […]

Finance Minister Tendai Biti: $217 Remains in Zimbabwe’s Sovereign Account

In a report from Agence France Presse, Tendai Biti told reporters in Harare that Zimbabwe would have $217 remaining after it paid government workers, leaving the nation’s finances in a state of paralysis. Zimbabwe had extraordinarily high levels of inflation in 2011 and 2012 which the IMF claims have only recently moderated at levels beneath […]

Greeks Sell-Off Assets to Repay Debts in Europe’s Newest Onion Economy

Firesale privatization of Greek State Assets Raises Concerns for Future of Greece, accusations of Corruption In order to repay its sovereign debts, the Greek government has placed everything from a police headquarters in Athens to leasing private beaches on the auction block to raise much-needed funds. As part of its bailout of Greece, the International Monetary Fund […]

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Talks to Form Greek Coalition Government Collapse – New Elections Expected as Euro Zone in Turmoil

Greek President Karolos Papoulias has announced that talks to form a coalition, technocratic government have failed and new elections are expected. Evangelos Venizelos, leader of the Panhellenic Socialist Movement (PASOK), has presided over three failed coalition talks and is now instrumental in forming a caretaker government to chaperone Greece into its next round of elections. […]

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Germany Threatens to Cut Greece Off

Responding to Greek leftist coalition Syriza’s leader Alexis Tsipras’ vow to abandon the debt resettlement terms, German leaders vowed today to cut Greece off from any international monetary aid if they fail to support the debt renegotiation settlement terms. Struggling to form a government in the wake of the May 6 elections, Greece’s leadership has […]

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Greek Political Crisis Emerges as Leftist Coalition Syriza’s Leader Alexis Tsipras Vows to Reject Austerity

The fate of Greece rests in the hands of a newly elected far-left leader, Alexis Tsipras, propelled to power on a platform that Greece could no longer support her international loan agreements. The anti-austerity, leftist coalition, Syriza, emerged surprisingly strong after this past weekend’s poll, winning 16.8% of the vote. News of Greek anti-austerity measures […]

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Greek Rage at the Polls Results in Seats in the Parliament for Nationalist, Neo-Nazi Party the Golden Dawn

The start of voting in an early general election in Greece has not gone well for proponents of the European idea: After two years of austerity and financial crisis, the Greek public is turning away from the traditional conservative New Democracy party and the socialist Pasok, the two poles of Greek political life for decades. […]

New IMF chief Christine LaGarde advocates capital injections for European banks.

IMF Chief Christine LaGarde, replacement for Dominique Strauss Kahn (who seemed to be busier chasing tail than focusing on his job), has advocated for a capital injection into European banks and states that ‘decoupling’ EU states from the monetary union is a myth. She has argued for capital injections into European banks, solutions to the […]