Tag Archives: IMF

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False East/West Paradigm Hides The Rise Of Global Currency

Despite popular belief, very few things in our world are exactly what they seem. That which is painted as righteous is often evil. That which is painted as kind is…

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Sinclair – Cyprus Disaster Is Much Bigger Than Being Reported

Jim Sinclair: “If people believe that $13 billion is the total of this bailout, they are out of their minds.  $130 billion is not the true total of even the Russian…

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Killing the Dollar: G20 & IMF Push for Global Fed, Global Currency

  While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported story is that the global…

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Argentina freezes prices to halt inflation

  Argentina has announced a two-month price freeze on supermarket products in an effort to stop spiraling inflation. The price freeze applies to every product in all of the country’s…

IMF deputy managing director Zhu Min. 

Want China TImes

RMB on way to becoming global reserve currency: IMF official

With China’s economy gaining global strength, the renminbi is set to become a global reserve currency, Zhu Min, deputy managing director of the International Monetary Fund, said Tuesday at an…

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Qatar pumps in 5 blns of dollars into Egypt to sustain economy

Qatar said on Tuesday it will increase its financial aid to Egypt by $2.5 billion to a total of $5 billion, comprising an outright grant of $1 billion and $4…

Credit: The Nation

IMF demands deeper austerity in Pakistan

The International Monetary Fund (IMF) last month warned Pakistan of a looming foreign exchange crisis. The strongly worded statement foresaw a depletion of foreign reserves as in 2008, when the…

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1000x Systemic Leverage: $600 Trillion In Gross Derivatives “Backed” By $600 Billion In Collateral

There is much debate whether when it comes to the total notional size of outstanding derivatives, it is the gross notional that matters (roughly $600 trillion), or the amount which…

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BRICS: The World’s New Banker?

The BRICS (Brazil, Russia, India, China and South Africa) bloc has begun planning its own development bank and a new bailout fund which would be created by pooling together an estimated…

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Central Banks Of The World Are Setting Up A Major Financial Disaster

Conflicts come to the surface at IMF-World Bank meeting In the aftermath of September 2008 and the onset of the global financial crisis, the international meetings of the major capitalist…

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Global Finance: The Shylock model

A Greek brainstorming session would sound something like this: Default! Downgrade! Bond Swap! ECB Bailout! Austerity Measures! IMF Recipes! Riots! Euro Collapse! Pay up!! Can anybody make any sense out…

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The IMF and US African Command (AFRICOM) Join Hands in the Plunder of the African Continent

Lagos Dissents Under IMF Hegemony Nigeria: The Next Front for AFRICOM On a recent trip to West Africa, the newly appointed managing director of the International Monetary Fund, Christine Lagarde ordered the…

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Secretive Plan For a Global Currency

The following is an excerpt of a chapter by Ellen Brown from the new book by Global Research Publishers, “The Global Economic Crisis: The Great Depression of the XXI Century.” By acting together…

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Triggering Economic Disaster: the Insidious Role of the International Monetary Fund (IMF)

We’ve all heard the old adage about adding insult to injury but the IMF has turned it into an art form. The new IMF Director, Christine Lagarde, came to Washington…

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IMF – Destroying National Currencies

Since the onslaught of the debt crisis in the early 1980s, the IMF has played a central role in exchange rate policy often requiring indebted Third World countries to devalue…