IMF

What caused Sri Lanka’s disaster?

If I say Facebook did it, people would wonder if I have developed some mental illness. If I say IMF and World Bank did it, economics buffs would cringe, because they were not even in the picture, at least directly.…

What do you want me to say? It makes me want to cry

The agreement between Argentina and the International Monetary Fund began to be debated yesterday in the Budget Commission of the Chamber of Deputies and on Thursday it will reach the Chamber of Deputies. By Jorge Pardés This is the first…

Resignation and opportunism, the IMF and the manipulation of the Argentine debt issue

Now it is not only the usual establishment and International Monetary Fund (IMF) analysts who claim that “if Argentina does not accept this, it is off the planet”, but it is President Alberto Fernández himself, who until very recently blamed…

The Dirty Campaign Underlying Ecuador’s “Free and Fair” Election

Ecuador’s April 11 election that led to a 5-point victory by conservative banker Guillermo Lasso over progressive candidate Andrés Arauz was not what it appeared to be. On the surface, it was a surprisingly clean and professional election, as our…

Africa’s development must be based on resilient approaches with nature and people at the center

Interview by Kester Kenn Klomegah In this insightful and wide-ranging interview, Professor Patrick Verkooijen, Chief Executive Officer of Global Center on Adaptation discusses the organization’s establishment, its main objectives, challenges and the plans for the future. The Global Center on…

IMF and Big Business for Universal Vaccination: Better Red than Dead

The me-first policy on vaccine sharing will bring losses of $203 billion to $5 trillion to rich countries, while the returns are the highest if they support global universal vaccination. Prabir Purkayastha The world seems to have turned topsy turvy…

Why Imperialism Is Obsolete in Latin America

An interview with Jorge Arreaza, foreign minister of Venezuela. By Vijay Prashad In September 2018, Venezuelan president Nicolás Maduro visited China, where he met with China’s President Xi Jinping and signed a series of important agreements on trade and culture.…

Biden Is Facing a Showdown on Iran Sanctions

By Evelyn Leopold President Trump has called the Obama-initiated nuclear agreement for Iran a “horrible one-sided deal” and withdrew from it in 2018. Except he really didn’t. This past summer, Secretary of State Mike Pompeo began a series of appeals…

What is the G20, and what is different at this year’s Riyadh summit?

Marco Ferrari, Al Arabiya English This year’s G20 summit will be an event quite unlike any in the organization’s history. Hosted by Saudi Arabia, the Leaders’ Summit will bring leaders from 19 of the most powerful countries and the European…

Argentina’s debt restructuring deal explained

The Argentine government has struck a substantial debt deal with some major creditors, saving it billions. What exactly is the deal about and could it save the ailing economy? Argentina owes a fortune — $323 billion (€274 billion) as of…

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