Imf

Risky Lenders Did More Aggressive Lobbying: IMF Report

Posted 12.29.2009 | Business


Over the last few few decades, financial lobbying yielded an incredible return on investment for Wall Street -- albeit, in the form of taxpayer bailou...

A Clear Agenda for Reform in 2010

Gordon Brown | Posted 12.23.2009 | World


Gordon Brown

As the balance of economic power changes over the next two decades, new and stronger power-brokers may be less willing to embrace change. We must avoid this race to the bottom. Here is how.

Greece Evidences the Weaknesses of the Euro

Georges Ugeux | Posted 12.16.2009 | World


Georges Ugeux

Greece is, once again, on the verge of bankruptcy and, once again, is asking its European partners for help.

Obama's Nobel Lecture: Speaking Truth From Power?

Joseph A. Palermo | Posted 12.16.2009 | Politics


Joseph A. Palermo

Obama's Nobel lecture might have showed us that the US has reached a turning point: either the national security monster we've created is going to eat us alive by bankrupting the country or we're going to have to shift course.

EU, IMF Revolt: Greece, Iceland, Latvia May Lead the Way

Ellen Brown | Posted 12.17.2009 | World


Ellen Brown

Total financial collapse, once a problem only for developing countries, has now come to Europe. The International Monetary Fund is imposing its "austerity measures" on the outer circle of the European Union.

IMF Exec: Another Bailout would 'threaten democracy'

Times Online | Angela Jameson and Elizabeth Judge | Posted 11.23.2009 | Business


Dominique Strauss-Kahn told the CBI annual conference of business leaders that another huge call on public finances by the financial services sector w...

ReThink Interview: Philippe Diaz (part 1) -- The End of Poverty? and How It Started

Jonathan Kim | Posted 12.07.2009 | Entertainment


Jonathan Kim

What causes global poverty? Why do the countries of the northern hemisphere enjoy so much wealth while over a billion people in the southern hemispher...

The IMF and Our Increased Dependence on Faux-Experts

Nassim Nicholas Taleb | Posted 11.05.2009 | Business


Nassim Nicholas Taleb

We need to build a society robust to charlatanism and expert-error, one in which Takatoshi Kato and his staff can be as incompetent as they want without endangering the general public.

Interview with Michael Hudson Who Advises Latvia To Default on Their Loans to Sweden

Max Keiser | Posted 10.21.2009 | Business


Max Keiser

Latvia should not pay back its loans to Sweden says renowned economist Dr. Michael Hudson. I interviewed him after reading his piece; The Specter o...

Financial Reform: Political Will For Change May Be Disappearing

ft.com | Norma Cohen | Posted 10.07.2009 | Business


As the world's banking system teetered on the brink of collapse just about a year ago, there were widespread, heartfelt, calls for reform. Politici...

Financial Crisis: Four Take Aways from Istanbul

Barry D. Wood | Posted 10.05.2009 | Business


Barry D. Wood

Four broad messages emerged last week from the annual gathering in Istanbul of the International Monetary Fund and the World Bank, including that the worst of the financial crisis is behind us.

G-7 To Meet, Talk Less As G-20 Ascends: Officials

Bloomberg | By Rainer Buergin and Simon Kennedy | Posted 12.03.2009 | Business


Group of Seven finance chiefs said they will meet less and issue fewer statements as the G-20 becomes the main arena for setting global economic polic...

Turkey Debates Merits Of IMF Loan; Afraid Of Foreign Pressure

GlobalPost | Posted 12.02.2009 | World


By Nichole Sobecki ISTANBUL, Turkey -- At the start of the financial crisis, Prime Minister Recep Tayyip Erdogan seemed confident that the troubles...

The IMF Catapults From Shunned Agency to Global Central Bank

Ellen Brown | Posted 12.01.2009 | Business


Ellen Brown

The U.S. can settle its debts and get its own house in order, but that would cause world trade to contract. A substitute global reserve currency is needed to fuel the global economy while the U.S. solves its debt problems.

A Surprisingly Successful G-20 Summit

Georges Ugeux | Posted 12.01.2009 | World


Georges Ugeux

This year, President Obama drove a very different agenda -- one focused on discussing how the world can form global governance and cooperate to stimulate the ailing economies.

Dominique Strauss-Kahn, IMF Director, Latest Shoe Attack Survivor In Turkey

AP | CHRISTOPHER TORCHIA | Posted 12.01.2009 | World


ISTANBUL — A student journalist threw a shoe at IMF Director Dominique Strauss-Kahn on Thursday and ran toward the stage shouting "IMF get out!"...

The G20 Summit: Hijacked by Neo-Liberalism

Marshall Auerback | Posted 11.29.2009 | Business


Marshall Auerback

Government deficits are not an aberration; they are the norm. Our first (and possibly greatest) Treasury Secretary, Alexander Hamilton, called the national debt a "national blessing."

G-20 Doesn't Offer Much Reform

Mark Weisbrot | Posted 11.29.2009 | World


Mark Weisbrot

The expansion from the G-8 to the G-20 is mostly a symbolic move. Since the rich countries control the institutions with actual power, the G-20 is still mainly the G-7 with the other 13 countries sitting in.

"Happy" Anniversary, Iceland

Iris Erlingsdottir | Posted 11.28.2009 | World


Iris Erlingsdottir

This has been a very rough year for Iceland, and it's not likely to get better anytime soon. The public's anger continues to grow, and it would not be surprising if this winter sees a repeat of last winter's uprising.

The G20: Rebooting the System

Ann Pettifor | Posted 11.25.2009 | Business


Ann Pettifor

To help the poor of the world, the G-20 shuffled the deckchairs on the board of the IMF. No doubt this will cheer up those families in drought-stricken Kenya whose babies were snatched by starving hyenas.

IMF Gives $164 Million to Coup Government in Honduras, Following Familiar Pattern

Mark Weisbrot | Posted 11.16.2009 | World


Mark Weisbrot

Supporters argue that the IMF has changed. But after depositing a large amount of money in Honduras -- the site of a recent coup -- it's looking more and more like the same old IMF on steroids.

One Year of the Zardari Presidency

Farahnaz Ispahani | Posted 11.10.2009 | World


Farahnaz Ispahani

A year after the election of Asif Ali Zardari, Pakistan's march toward democracy continues, and the decision to elect President Zardari is proving to have been the correct one.

This Film is an Idiot's Version of Naomi Klein's Masterpiece

Johann Hari | Posted 10.22.2009 | World


Johann Hari

Naomi Klein's The Shock Doctrine is one of the most important political books of the past decade. But Michael Winterbottom's "adaptation" for film is garbled and mumbled to the point of meaninglessness.

The IMF Destroys Iceland and Latvia

Nathan Lewis | Posted 10.19.2009 | World


Nathan Lewis

It's not about "conservative" and "liberal." It's about us against the banker imperialists. The IMF should be abolished.

China's Dollar Scam Must End

Diane Francis | Posted 08.29.2009 | World


Diane Francis

The bilateral talks, or G-2, between the U.S. and China have resulted in little substantive progress. This is because there is a continuing, inexplicable failure on the part of the U.S. with other countries to pressure China to curb its currency manipulation.