International Monetary Fund

Europe’s Economy Shrinks in First Quarter, Germany Takes a Hit

Figures announced Thursday showed the US economy grew 1.6% during the first quarter. Europe’s economy shrank 0.6% in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a hoped-for recovery – and underlined how…

Mozambique Needs to Address Deepening Political Discontent and Widening Socio-Economic Disparity

Chairperson of the Southern African Development Community (SADC) and Mozambican President Filipe Nyusi has to make consistent efforts toward addressing the systemic governance deficit, deepening political discontent, and widening socio-economic disparity as the surest possible way to maintain long-term peaceful…

Sanders and Omar Lead 300+ Global Lawmakers in Call to Protect Developing Countries from Economic Ruin

Sen. Bernie Sanders (I-Vt.) and Rep. Ilhan Omar (D-Minn.) led more than 300 international lawmakers across two dozen countries in a letter to the leadership of the World Bank and the International Monetary Fund (IMF) today, calling on the international…

Baltic countries are on the verge of state bankruptcy

BY LUKAS RAMONAS The coronavirus pandemic spreads throughout the world. And its victims are not only people, but also the economies of states. As it is known, the number of patients diagnosed with COVID-19 daily increases by 100-130 people in…

Billionaires, Fiscal Paradise, the World’s Debt, and the Victims

By Roberto Savio Among Bloomberg’s many profitable activities there is a convenient Bloomberg Billionaires Index, which has just published its findings for 2017. It covers only the 500 richest people, and it proudly announces that they have increased their wealth…

US Trade Hawks and the China Bogey

By Jomo Kwame Sundaram* New US President Donald Trump has long insisted that its major trading partners having been taking advantage of it. Changing these trade terms and conditions will thus be top priority for his administration, and central to…

Ernst Wolff: IMF, Greece, Activism and Mainstream Media

In this video acTVism Munich continues to interview journalist and author Ernst Wolff. Wolff’s latest book is called “Pillaging the World: The History and Politics of the IMF” which is also available in German and Arabic. This video series aims…

Pillaging the World: The History and Politics of the IMF

In this video we interview journalist and author Ernst Wolff. Wolff’s latest book is called “Pillaging the World: The History and Politics of the IMF” which is also available in German and Arabic. This video series aims to provide context…