IMF

The ugly truth behind the Greek bailout

Out of the 220 billion euros disbursed to Greece as loans from the bailout mechanism, some 95% has been directed toward saving the European banks. Christine Lagarde, the Queen of Troika and the Head Honcho of the IMF, on May…

Grexit should be sooner rather than later

The context of the European Union As Humanists we aspire to a future in which all the peoples of the world integrate within a Universal Human Nation. In this sense we differentiate this process of integration that we call planetarisation…

Greek Referendum: the possibility to stop being slaves

Foreign debt is the mechanism used to enslave countries and steal their wealth, through some local “supervisors”, let’s call them governors. In reality, with little energy spent buying, removing and putting in place supervisors, they have controlled the population of…

Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Analysis by Ellen Brown SONOMA, California, Aug 14 2014 (IPS) – Argentina has now taken the U.S. to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international…

What Do the World Bank and IMF Have to Do With the Ukraine Conflict?

In this column, Frédéric Mousseau, Policy Directory of the Oakland Institute and co-author of the report ‘Walking on the West Side: the World Bank and the IMF in the Ukraine Conflict’, argues that IMF and World Bank aid packages contingent…

Ukraine Gov. Admits Loss of Control over East; IMF Approves Bailout

The Ukraine government says it has lost control of the restive east as pro-Russian separatists continue to expand their reach. On Wednesday, Ukraine’s acting president, Oleksandr Turchynov, blamed what he called “inactivity, helplessness and even criminal betrayal” among Ukrainian forces…

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