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Monetary Fund

IMF Experts Admit They Were Wrong About Austerity

Reuters | Posted 03.05.2013 | Business

By Anna Yukhananov WASHINGTON, Jan 3 (Reuters) - Belt-tightening in advanced economies may not be as harmful to growth now as it was d...

Greece: the Brussels Compromise Compromises the Euro

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

The fact that an agreement was found is a tribute to the capability of Europeans to compromise. But their agreement compromises the status of the Euro as a reserve currency.

Drinking Water Filthy But Big Money Goes To Build New Stadium

Joseph B. Treaster | Posted 05.25.2011 | Green
Joseph B. Treaster

Out of South Africa came the news that an expensive new soccer stadium had been built in a city where drinking water is often dirty and many people have neither electric lights nor toilets.