Tag: International Monetary Fund

Leader of the United Kingdom Independence Party (UKIP) Nigel Farage waves from a campaign bus in Westminster on May 20, 2016 in London, England.

OECD Forced to U-Turn on Dire ‘Quality of Life’ Brexit Predictions

The Organisation for Economic Co-operation and Development (OECD) has u-turned on its dire Brexit predictions, admitting that “quality of life” in Britain will, in fact, “probably remain to a very great extent as it is today”. Prior to Britain’s referendum

REUTERS/Valentyn Ogirenko

EXCLUSIVE: Ukraine Foreign Minister Touts Reforms as IMF Pledges Billions

Even as Russia continues to threaten Ukraine in the eastern region of the country, its minister of finance, Oleksandr Danyliuk, said the best way to ensure national security is through building a strong economy, including attracting private sector investors from the West.

Apple CEO Tim Cook has announced plans to build an app design facility in the southern Indian city of Bangalore

Apple CEO Tim Cook Argues for Globalization

Apple CEO Tim Cook, declaring that globalization is “great for the world,” announced at the China Development Forum 2017 last week that the company will spend $507 million to open two additional research centers in the People’s Republic of China.

eu membership

Eurozone Crisis: Germany Pushes to Punish Bankrupt Greece

BRUSSELS (AFP) – Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout programme for Greece.

Magdy Abdel-Ghaffar

Egypt’s Security Chief Warns of Scheme to Incite Chaos

Egypt’s interior minister warned in comments published Monday that the country faced “unprecedented challenges” that required a “decisive” response by security forces, accusing the now-banned Muslim Brotherhood of scheming to incite chaos.

Republican presidential nominee Donald Trump speaks after a tour of the Flint water plant on September 14, 2016 in Flint, Michigan. / AFP / MANDEL NGAN (Photo credit should read MANDEL NGAN/AFP/Getty Images)

IMF Agrees with Donald Trump on Stagnant Economy

The dismal forecast in the latest International Monetary Fund (IMF) World Economic Outlook reads like Republican presidential nominee Donald Trump’s talking points — namely, in its analysis that “sub-par growth at recent levels risks perpetuating itself—through the negative economic and political forces it is unleashing.”

Deutsche Bank (Hannelore Förster / Getty)

Deutsche Bank May Be on Verge of Lehman Brothers Moment

Following the U.S. Justice Department’s demand for $14 billion to settle a mortgage-backed securities probe, several big hedge funds moved their derivative holdings from Deutsche Bank to other firms to avoid the risk of another Lehman Brothers-style liquidity squeeze.

Israeli Merkava tanks roll near the border between Israel and the Gaza Strip as they return from the Hamas-controlled Palestinian coastal enclave on August 5, 2014, after Israel announced that all of its troops had withdrawn from Gaza.

IDF Preps for Future Gaza Conflict

The Gaza Strip and its residents are barreling towards disaster, brought on by crippling unemployment, a nonexistent economy, water and electricity shortages, a growing population and the “Islamic dictatorship” of Hamas, while the IDF is trying — and thus far succeeding — to keep the coastal enclave’s terrorist leaders deterred and contained, a senior IDF officer from the Southern Command said Sunday.

Christine Lagarde IMF

IMF Boss: Markets Got Brexit Prediction Wrong

WASHINGTON (Reuters) – Financial markets “vastly underestimated” the outcome of Britain’s vote to leave the European Union but did not panic on Friday, International Monetary Fund Managing Director Christine Lagarde said on Sunday. “There was a violent, brutal, immediate massive

AP Photo

Defiant Greece Tells Global Creditors: We Will NOT Cut Government Pensions

ATHENS (AFP) –  Greece’s prime minister on Sunday said his government will not give in to “unreasonable” demands as the debt-ridden country braces for critical negotiations with international creditors on the thorny issue of pension reform. The warning came just days

AP Photo

World View: Russia Escalates Syria War Launching Missiles from Caspian Sea

Contents: Russia dramatically escalates Syria war launching cruise missiles from Caspian Sea; Russian Orthodox Church declares a ‘Holy War’ in Syria; Russia’s ‘Holy War’ in Syria declaration sparks calls for jihad; IMF warns of significant danger of global financial crash