Tag Archives: International Monetary Fund

How Greece Became A Guinea Pig For A Cashless And Controlled Society By
ATHENS (Analysis)– Day by day, we’re moving towards a brave new world where every transaction is tracked, every purchase is recorded, the habits and preferences of everyone noted and analyzed. What I am describing is the “cashless...
Russia Preparing For Potential Removal From International Banking System By
MINNEAPOLIS– In 2011, a Swiss study confirmed what many already knew or suspected: bankers run the world. The study, completed by the Swiss Federal Institute of Technology in Zurich, found that “a large portion of control flows to a small tightly-knit core of financial...
Greece’s New Deal From European Lenders Delivers More Neoliberalism By
GREECE– The Greek government recently reached a new agreement with the so-called “troika” of lenders—the European Commission, the European Central Bank and the International Monetary Fund—on new reforms that are slated to go into effect in 2019. The SYRIZA-led...
Radical Groups Attempt To Bomb EU Targets As Greek Tragedy Worsens By
ATHENS – Last week, major financial institutions in Europe were put on notice when letter bombs were sent to the International Monetary Fund and the office of Germany’s financial minister. Only one of those bombs exploded and injuries were minimal. But not-so-coincidentally,...
Venezuela Cash Reserves Reach New Low Amid U.S.- Led Sabotage By
TEMUCO, CHILE — Despite having the world’s largest oil reserves, Venezuela’s economy has struggled to stay afloat in recent years. The Venezuelan government, led by Nicolás Maduro, has been forced to take out loans from China and Russia to avoid an economic collapse. Unsurprisingly,...
Former IMF Director Sentenced To 4.5 Years In Prison For Fraud By
(REPORT) — Rodrigo Rato was charged for using credit cards for irregular and undeclared expenses. The former director of the International Monetary Fund was sentenced Thursday by a Spanish court to four years and six months in prison for misappropriating bank funds. Rodrigo...
IMF Chief Convicted For Corruption, Spared Jail Time By
Christine Lagarde, head of the International Monetary Fund (IMF), on Monday was found guilty of “negligence” for approving a massive government payout to business tycoon Bernard Tapie during her tenure as French finance minister. “This should help calm...
Bolivia Asserts Newfound Economic Independence, Rejects Rothschild Banks By
The International Monetary Fund (IMF) and US-dominated World Bank have been major players in the global economic landscape ever since their creation in 1944.These international banking organizations, which are privately controlled by the notorious Rothschild banking family,...
Hedge Funds Tell Puerto Rico: Lay Off Teachers, Close Schools To Pay Us Back By
Billionaire hedge fund managers have called on Puerto Rico to lay off teachers and close schools so that the island can pay them back the billions it owes. The hedge funds called for Puerto Rico to avoid financial default – and repay its debts – by collecting more...
Battered & Broken By Cuts, Greek Workers Still Rise To Fight By
Thousands of Greek workers marched on parliament in Athens on Wednesday and a nationwide general strike was underway as public sector and other unions demanded an end to the austerity that has been imposed by the nation’s foreign creditors to detriment of the economy...