Tag: imf
Syriza Promises New Austerity List as European Institutions Intensify Pressure on Greece
‘On the same day the Tsipras government passed a “humanitarian bill” in the Greek parliament, at a cost of just €200 million. The bill provides free electricity and food stamps to some families in dire […]
Gold Surges – Fed Loses “Patience” and Signals Loose Monetary Policies to Continue
Gold Surges – Fed Loses “Patience” and Signals Loose Monetary Policies to Continue – Gold rose over 2% – Fed signals ultra loose monetary policies to continue – Fed dampens expectation of a rate hike in June – Yellen no…
Ukrainian President: Enormous IMF Loan Won’t Help Ordinary Ukrainians
‘Ukrainian President Petro Poroshenko has admitted that a new $17.5 billion loan from the International Monetary Fund and its associated austerity measures will not improve the lives of ordinary Ukrainians—but will help pay foreign creditors […]
Europe Has A Modest Proposal For Greece: ‘Don’t Pay Wages For One Or Two Months’
‘Which explains why as we reported yesterday, Greece passed a law to plunder pension funds, one which would allow the government to fully invest reserves of pension funds and other public entities kept in Bank […]
The Ukraine Nazi regime was installed by Obama and his NATO bitches. Now Ukraine is experiencing a Weimar Republic like hyperinflationary collapse
‘The Ukraine Nazi regime was installed by Obama and his NATO bitches. The various international fronts for the American Empire have poured billions into this black hole of corruption and ineptitude. You can be sure […]
The ECB’s Noose Around Greece: How Central Banks Harness Governments
‘Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? […]
Greece told deeper austerity needed to secure additional loans
‘Euro zone finance ministers met Monday to discuss a set of proposals from the Syriza-led Greek government based on the austerity programme both sides signed on February 20. Greece was required to submit a list […]
Defiant Greece at daggers drawn with EU creditors
‘Relations between Greece and Europe’s creditor powers are dangerously close to breaking point. Both sides have issued ultimatums, each insisting angrily on fixed positions and lashing out at each other with barely concealed animosity. “If […]
Currency Wars Deepen – IMF Concedes End to Dollar Hegemony
Currency Wars Deepen – IMF Concedes End to Dollar Hegemony – Dollar has declined as reserve currency over past decade from 70% of global reserves to 61% – Chinese yuan is growing in stature as international currency – IMF deputy…
European Union Press Syriza to Deepen its Austerity Program for Greece
‘After the Syriza-led government’s decision to sign the February 20 Eurogroup statement and capitulate to European Union (EU) demands for more austerity in Greece, EU officials are stepping up their threats against the country. Since […]
Anti-austerity protest held in Cyprus
‘Several thousand Cypriots have staged a protest rally in the capital, calling on the government to end austerity policies they say have driven many in the bailed-out country to poverty. The Wednesday protest, organized by […]
Ukraine parliament begins IMF reform package debate
‘Ukraine’s parliament has commenced debating a reforms package required by the International Monetary Fund (IMF) as a prerequisite for a multi-billion-dollar aid package. The parliamentary debate over the IMF aid package, required to stop the […]
Greece Buys Gold Sovereigns as New Greek Drachmas Unveiled
Greece Buys Gold Sovereigns as New Greek Drachmas Unveiled – Greece warns may default on IMF loan next week – Greek bank runs continue and deposits flee – German Bundestag votes for bailout extension – Syriza agree to a bailout…
Ukraine Enters Hyperinflation: Currency Trading Halted, ‘Soon We Will Walk Around With Suitcases For Cash’
‘”A year or so on from the last coup in Ukraine, Ukraine’s former Prime Minister Sergey Arbuzov told TASS, with growing popular discontent, “another state coup can’t be ruled out in Ukraine.” As the cease-fire […]