The IMF Just Slashed Its Growth Projections For The Entire World. Only ECB has power to 'scare' global stock markets, warns IMF. Apology of an Economic Hitman. In the Link TV special presentation Apology of an Economic Hitman, we learn about a kind of government persuasion that doesn't involve the CIA.
Author John Perkins is an economic hitman, whose job it is to get new foreign leaders to yield to US interests -- using debt as a weapon. In front of an angry audience somewhere in Latin America, Perkins describes his personal journey: he is an American who decided to tell the truth, regardless of the risks for his family and his life. He worked for a secret network that used loans from the World Bank, payoffs, extortion, sex, military coups and political assassinations to create the American empire. Economics focus: Bringing down the house. European Central Bank Fiddling While Europe Burns. By Matthew Yglesias on October 6, 2011 at 2:29 pm "European Central Bank Fiddling While Europe Burns" These guys are really insane: The European Central Bank offered new emergency loans to banks on Thursday to help them through the turmoil of the government debt crisis, but decided to keep interest rates on hold despite fears of an economic slowdown.President Jean-Claude Trichet did not even indicate that a rate cut was due in coming months, as many experts predicted would be necessary to stave off a possible new recession.
Geithner: US Banks Reduce Risk Over Europe. Oct 6, 2011 4:58pm Treasury Secretary Timothy Geithner told Congress today that while a severe economic crisis in Europe could cause harm in the U.S., major banks here have reduced their risk over problems in the European economy.
“U.S. financial institutions, including our major banks, the money market funds as a group, have substantially reduced their exposure to the economies of Europe that have been under the most pressure,” Geithner told the Senate Banking Committee. World Bank endorses Osun youth empowerment model. Winnipeg- IMF pledges plan to deal with Europe debt crisis - CTV News. CTVNews.ca Staff Published Saturday, September 24, 2011 9:53PM EDT Last Updated Saturday, May 19, 2012 6:04AM EDT The International Monetary Fund is pledging a new plan to tackle European debt and deter another recession following a rough week for global markets.
The influential body also warned that the world economy is entering a dangerous new phase that will require bold, co-ordinated action from governments. The chief concern is that over-leveraged European banks remain vulnerable to a possible Greek debt default, which could create a domino effect and freeze credit globally. "Today, we agreed to act decisively to tackle the dangers confronting the global economy," said Christine Lagarde, the IMF's managing director. Lagarde's remarks were similar to those made by Bank of Canada Governor Mark Carney, who also attended two days of meetings in Washington with other G20 financial leaders. IMF adviser: The global economy could collapse ‘in two to three weeks’
By Stephen C.
WebsterFriday, October 7, 2011 10:18 EDT. Specter of global depression haunts IMF, World Bank meetings. By Barry Grey 24 September 2011 Three years after the Wall Street crash of 2008, finance ministers, central bankers and economists assembled in Washington for the annual meetings of the International Monetary Fund (IMF) and World Bank present a picture of perplexity and fear as the crisis spins out of control and lurches toward a full-scale depression.
Explanatory_notes_nace-en_sdw_dissemination_en. AdviceTrade Market Analysis. Robert Scheer: The Men We Trusted to Lead Us - Robert Scheer's Columns. The Men We Trusted to Lead Us Posted on Sep 28, 2011 By Robert Scheer Now he tells us.
St. Vrain Valley School Board: Arnold Hanuman. Times-Call staff Posted: 10/01/2011 05:30:01 PM MDT | Updated: 2 years ago Hanuman Name: Arnold Hanuman Website URL: hanumanforstvrain2011.com Email address and phone numbers: arnold@hanumanforstvrain2011.com, 720-224-5393 Age: 40 Family: wife, Kimberly; two teenage children.
Alan Grayson says 'Audit the Fed' Federal Reserve Banks. Federal Reserve System. The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States.
It was created on December 23, 1913, with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907.[2][3][4][5][6][7] Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved.[3][8] Events such as the Great Depression were major factors leading to changes in the system.[9] Dr. Joseph Stiglitz On The Federal Reserve's Role In The Crisis: "Their Failure Is ALMOST Unforgivable" - #OWS.
Who Owns The Federal Reserve? This article was first published by Global Research in October 2008 “Some people think that the Federal Reserve Banks are United States Government institutions.
They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.” – The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s. National Governments Can't Be Trusted: Barroso Calls for More Power for EU Institutions - SPIEGEL ONLINE - News - International. IMF Standing Borrowing Arrangements. Full text Factsheet IMF Standing Borrowing Arrangements March 25, 2014 While quota subscriptions of member countries are the IMF's main source of financing, the Fund can supplement its quota resources through borrowing if it believes that they might fall short of members' needs.
'Whole Set of Options': IMF Offers to Dramatically Expand Euro-Zone Help - SPIEGEL ONLINE - News - International. With the Greek economy failing to recover to the degree expected, plenty of officials and analysts this week have fretted about whether efforts currently in place to prop up the country will be sufficient.
On Wednesday, the International Monetary Fund joined the chorus, offering to vastly increase its role in helping the euro zone put the brakes on the accelerating debt crisis. Speaking at a press conference in Brussels on Wednesday, Antonio Borges, head of the IMF's Europe program, said that the euro bailout fund, the European Financial Stability Facility (EFSF) needed to be significantly strengthened to prevent contagion from spreading to Italy and Spain. He also said that the second bailout package for Greece, a €109-billion fund agreed to by euro-zone countries in July, was far too small.
World Bank: Gender equality boosts economy - Americas. Gender equality is shrewd economics as well as a human right, the World Bank has said in a report that showed countries with better opportunities for women and girls can boost productivity and development. The most glaring disparity is the rate at which girls and women die relative to men in developing countries, according to The World Development Report 2012: Gender Equality and Development. "Blocking women and girls from getting the skills and earnings to succeed in a globalised world is not only wrong, but also economically harmful," said Justin Yifu Lin, World Bank chief economist.
"Sharing the fruits of growth and globalisation equally between men and women is essential to meeting key development goals. " US and Europe risk double-dip recession, warns IMF. The International Monetary Fund warned on Tuesday that the United States and the eurozone risk being plunged back into recession unless policymakers tackle the problems facing the world's two biggest economic forces.
In its half-yearly health check, the Washington-based fund said the global economy was "in a dangerous place" and that its forecast of a slow, bumpy recovery would be jeopardised by a deepening of Europe's sovereign debt crisis or over-hasty attempts to rein in America's budget deficit. "Global activity has weakened and become more uneven, confidence has fallen sharply recently, and downside risks are growing," the IMF said as it cut its global growth forecast for both 2011 and 2012.